Independent News & Media, the Irish-based company run by Tony O'Reilly, has posted an 11.6% rise in profits for 2006. The increase was in line with expectations. Despite losses at his British national papers, the Independent titles, the group's UK arm is profitable, as are its holdings in Ireland, South Africa, Australia and New Zealand. It is now seeking profits in India too. (Via )
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O'Reilly's company posts 11.6% profits rise
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