By Prasanna Deshpande May 13 2012 , Mumbai With less than three weeks remaining for the fourth quarter (January-March 2012) earnings season to close, market watchers are neither surprised nor disappointed by the outcome so far.

MUMBAI: Varun Industries, a Mumbai-based stainless steel-ware to energy firm, has been caught in the downward spiral on the bourses in the past three months amid talk that lenders dumped shares, which were held as collateral against loans after ...