In an email exchange with Paul Beckett, The Wall Street Journal's New Delhi bureau chief, Anil Ambani articulates why his company, Reliance Natural Resources, is battling Reliance Industries, controlled by his brother Mukesh, in the Supreme Court over a controversial gas deal., more
Sunday, August 9, 2009
Patni Computer Profit Up 45%
Patni Computer Systems posted a 45% rise in its second quarter consolidated net profit, and forecast revenue in dollar terms to rise sequentially., more
Air India Planning to Cancel Order for 6 Boeing 777s
Air India, the loss-making national carrier, said it's planning to cancel orders for six Boeing Co. 777 planes., more
BSNL: Tower-Sharing Talks With Telecom Firms in Final Stages
Bharat Sanchar Nigam said it is in the final stages of talks to share its telecommunications infrastructure with other service providers and expects to finalize deals soon., more
Aurobindo Pharma Profit Surges
Aurobindo Pharma reported a surge in fiscal first-quarter consolidated net profit to 1.67 billion rupees ($34.6 million) from 164.2 million rupees a year earlier., more
Hindalco Profit Drops 31%
Hindalco Industries, India's largest aluminum producer by output, posted a lower-than-expected 31% fall in fiscal first quarter net profit., more
India's Wine Woes Now Will Benefit Consumers Later
Rajeev Samant, CEO of Sula Vineyards, on what ails vintners here and abroad and why tipplers in India will soon be spoiled for choice., more
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