Anil Ambani - Questions and Answers

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 

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 

Urban India Student PC Usage 71%: Survey

A striking 71% of students in Indian metropolitan areas say they use personal computers, according to a new survey by information technology giant Tata Consultancy Services., more 

Sensex Ends Up 1.8%, Highest Close in Over 12 Months

Strong global cues and heavy institutional buying at the start of a new derivatives contract propelled Indian shares to their highest close in more than a year Friday., more 

TVS Motor Profit Up on Lower Input Costs, Higher Sales

TVS Motor beat market estimates with a more than twofold jump in its first quarter net profit as vehicle sales rose and raw material costs declined., more 

Should the Private Sector Be More Involved in Government?

Two Indian students on the WSJIDEBATE panel debate the role of specialists in governance after the appointment of Nandan Nilekani as the head of India's Unique ID Authority., more 

Eight Reforms Needed for Independent Directors

Arun Duggal, independent director and former CEO of Bank of America in India, on why independent directors are important and how their role needs to change., more 

Private Airlines Call Off Strike

India's private airlines have decided not to go ahead with their plan to suspend flights Aug. 18, their association said., more 

Private Airlines Call Off Strike

India's private airlines have decided not to go ahead with their plan to suspend flights Aug. 18, their association said., more 

Shipping Corp May Buy Used Ships

Shipping Corp. of India may buy four to five used ships later this year mainly to import coking coal under a planned joint venture with Steel Authority of India, a senior company executive said., more 

India Minister: Will Protect Government Rights on Gas

India's federal government has nothing to do with the "private dispute of two industries or industrialists" and will make all efforts to protect government and public interest in gas distribution, the oil minister said., more 

No Proposal to Up Foreign Investment in Media, Banks

The Indian government isn't looking at any proposal to increase the foreign direct investment limit in the banking and media sectors, Junior Commerce and Industry Minister Jyotiraditya M Scindia said., more 

Bharti, MTN Extend Exclusive Talks

Bharti Airtel said it has extended its exclusive merger talks with South Africa's MTN Group till Aug. 31 from July 31 earlier., more 

India Exports Down in June; July PMI at 55.3

India posted robust manufacturing activity, suggesting government efforts to spur the economy have helped demand at home., more 

Panasonic Posts Loss

Panasonic swung into the red in the fiscal first quarter ended June 30 as soft demand for electronics and costs related to early retirement programs weighed on its bottom line., more 

Malaysian Lawyers Denounce Crackdown

The main lawyers' organization in Malaysia said the police reaction to a rally against a tough detention law shows the government is abusing power., more 

Souring Loans Weigh on HSBC's Results

HSBC Holdings reported a 57% drop in first-half net profit from souring consumer and company loans in the U.S. and elsewhere, but said financial markets may have already hit their low point., more 

Suzuki, Daihatsu Post Profit Drops

Profits at Suzuki and Daihatsu plunged on reduced sales, but their focus on mini cars helped keep the two auto makers in the black., more 

The New Bank Branch: Internet Cafés and Rent-a-Rooms

Big banks are closing branches and focusing on sales of high-margin products. Meanwhile, innovative small banks are getting creative to compete, more 

Will Viral Video Kill the Music Video?

The recent JK Wedding video and Jon Rawlinson's fish-tank video show that fan creations can spike sales better than marketing efforts. Would there be more viral goodness if the record labels loosened their grip?, more 

Japanese Electronics Companies Seek New Ways to Survive

Finding cost cutting has its limits, behemoths like NEC Electronics and Hitachi look to buyouts, joint ventures, and other ways to raise capital, more 

GM's China Auto Sales Soar 78%

Thanks to strong demand for locally made Cadillacs, Buicks, and Wuling-brand minivans, GM's car sales in China surged in July vs. a year ago, more 

Nissan Unveils the Leaf, Its New Electric Car

Nissan Chief Ghosn is betting the car, which runs 100 miles on a single charge, will quickly become a mass market hit, more 

Cash For Clunkers Helps Ford To July Gain

Ford Motor Co. on Monday will post a single-digit sales gain over the same month a year ago, the first monthly sales gain the automaker has posted since 2007., more 

Panasonic Posts Losses But Boosts Sales Overseas

Demand for consumer electronics remains weak, but the expansion of Panasonic's appliance business abroad is a definite bright spot, more 

MGM Mirage Faces Macau Review

New Jersey's gaming commission reopened MGM Mirage's license to run a casino in Atlantic City for review, citing an investigation into its relationship with Pansy Ho, its business partner in Macau., more 

OCBC Profit Rises 10% on Income

Oversea-Chinese Banking's second-quarter net profit rose 10%, as higher income helped offset an increase in bad-debt charges for Singapore's third-largest bank by assets., more 

Panasonic Posts Loss

Panasonic swung into the red in the fiscal first quarter ended June 30 as soft demand for electronics and costs related to early retirement programs weighed on its bottom line., more 

Strike Talks at Car Maker Break Off

Talks to end a months-long strike at South Korean auto maker Ssangyong . broke off, with management threatening to take steps toward liquidation unless the union accepts a compromise offer on layoffs., more 

Australia Aims to Avoid Housing Bubble

While much of the world grapples with a housing slump, Australian policymakers are starting to worry about the opposite problem: A housing bubble., more 

Everbright Securities Aims for $1.6 Billion IPO

Everbright Securities hopes to raise as much as $1.6 billion in what would be the latest big initial public offering in China., more 

Hong Kong to Sell First Bonds Since '04

The Hong Kong government plans to sell local-currency bonds as early as September, its first bond sales since 2004., more 

Suzuki, Daihatsu Post Profit Drops

Profits at Suzuki and Daihatsu plunged on reduced sales, but their focus on mini cars helped keep the two auto makers in the black., more 

Malaysian Lawyers Denounce Crackdown

The main lawyers' organization in Malaysia said the police reaction to a rally against a tough detention law shows the government is abusing power., more 

Souring Loans Weigh on HSBC's Results

HSBC Holdings reported a 57% drop in first-half net profit from souring consumer and company loans in the U.S. and elsewhere, but said financial markets may have already hit their low point., more 

China Tests U.S. Lead in Manufacturing

China is on its way to surpassing the U.S. as the world's largest manufacturer far sooner than expected., more 

China Tests U.S. Lead in Manufacturing

China is on its way to surpassing the U.S. as the world's largest manufacturer far sooner than expected., more 

Resource Shares Lead Stocks Higher

Asian markets ended mostly higher, with commodity shares in the lead as data showed Chinese manufacturing activity continued to gather pace. Shanghai rose 1.5%., more 

Shipping Corp May Buy Used Ships

Shipping Corp. of India may buy four to five used ships later this year mainly to import coking coal under a planned joint venture with Steel Authority of India, a senior company executive said., more 

Shipping Corp May Buy Used Ships

Shipping Corp. of India may buy four to five used ships later this year mainly to import coking coal under a planned joint venture with Steel Authority of India, a senior company executive said., more 

Private Airlines Call Off Strike

India's private airlines have decided not to go ahead with their plan to suspend flights Aug. 18, their association said., more 

India Minister: Will Protect Government Rights on Gas

India's federal government has nothing to do with the "private dispute of two industries or industrialists" and will make all efforts to protect government and public interest in gas distribution, the oil minister said., more 

India Exports Down in June; July PMI at 55.3

India's exports continued to sink in June but a separate survey showed manufacturing activity remained robust in July, evidence that fiscal incentives and rate cuts helped boost demand at home and offset a marked slowdown in external trade., more 

No Proposal to Up Foreign Investment in Media, Banks

The Indian government isn't looking at any proposal to increase the foreign direct investment limit in the banking and media sectors, Junior Commerce and Industry Minister Jyotiraditya M Scindia said., more 

Bharti, MTN Extend Exclusive Talks

Bharti Airtel said it has extended its exclusive merger talks with South Africa's MTN Group till Aug. 31 from July 31 earlier., more 

Strike Talks at Car Maker Break Off

Talks to end a months-long strike at South Korean auto maker Ssangyong . broke off, with management threatening to take steps toward liquidation unless the union accepts a compromise offer on layoffs., more 

Strike Talks at Car Maker Break Off

Talks to end a months-long strike at South Korean auto maker Ssangyong . broke off, with management threatening to take steps toward liquidation unless the union accepts a compromise offer on layoffs., more 

Mitsubishi UFJ, Autos Lead Gains

Asian stock markets were mixed Monday with Mitsubishi UFJ and auto makers outperforming on better-than-expected results, but the Nikkei was down 0.3%., more 

China Tests U.S. Lead in Manufacturing

China is on its way to surpassing the U.S. as the world's largest manufacturer far sooner than expected., more 

OCBC Profit Rises 10% on Income

Oversea-Chinese Banking's second-quarter net profit rose 10%, as higher income helped offset an increase in bad-debt charges for Singapore's third-largest bank by assets., more 

Eight Reforms Needed for Independent Directors

Arun Duggal, independent director and former CEO of Bank of America in India, on why independent directors are important and how their role needs to change., more 

Wesfarmers CEO Focuses on Performance

The CEO of Wesfarmers says a turnaround of the Australia conglomerate's Coles division can be achieved with emphasis on a performance culture., more 

Hong Kong to Sell First Bonds Since '04

The Hong Kong government plans to sell local-currency bonds as early as September, its first bond sales since 2004., more 

Australia Aims to Avoid Housing Bubble

While much of the world grapples with a housing slump, Australian policymakers are starting to worry about the opposite problem: A housing bubble., more 

China Tests U.S. Lead in Manufacturing

China is on its way to surpassing the U.S. as the world's largest manufacturer far sooner than expected., more 

Everbright Securities Aims for $1.6 Billion IPO

Everbright Securities hopes to raise as much as $1.6 billion in what would be the latest big initial public offering in China., more 

MGM Mirage Faces Review Over Macau

New Jersey's gaming commission reopened MGM Mirage's license to run a casino in Atlantic City for review, citing an investigation into its relationship with Pansy Ho, its business partner in Macau., more 

Protesters in Malaysia Are Detained

Malaysia detained dozens of antigovernment protesters following a sweeping weekend demonstration in Kuala Lumpur., more 

Thousands Mourn Filipino Ex-President

Mourners wept as they paid their last respects at the wake of former President Corazon Aquino on Sunday, with some pledging to carry on her legacy by protecting the democracy she helped install 23 years ago., more 

9 U.S., NATO Troops Die in Afghanistan

Afghan insurgents killed nine foreign soldiers -- six of them Americans -- on Saturday and Sunday, in one of the deadliest weekends in Afghanistan for the U.S. and its allies since the fall of the Taliban in 2001., more 

U.N.: Afghan Civilian Deaths Up 24%

The U.N. said the number of civilians killed in Afghanistan has jumped 24% so far this year, with airstrikes and bombings by insurgents the biggest killers., more 

Urban India Student PC Usage 71%: Survey

A striking 71% of students in Indian metropolitan areas say they use personal computers, according to a new survey by information technology giant Tata Consultancy Services., more 

HTC Gets Pinched by Competitors

Handset maker HTC said it now expects revenue to fall this year because of product delays and a drop in contract orders., more 

In Japan, Lenders Face Headwinds

Japan's banks showed signs of recovery in their fiscal first-quarter results, but while the nation's biggest lender reported profit gains, other bank results showed a difficult operating environment persists., more 

Sales Dip at Japan's Drug Makers

Japan's leading pharmaceutical makers reported slower earnings growth, dragged down by falling sales due to a strong yen and a limited pipeline of new drug launches., more 

China Aims to Keep Markets Open

China started formal complaints at the WTO against U.S. and EU trade barriers, seeking to keep markets open to its exports., more 

Hatoyama Upholds Political Tradition

Yukio Hatoyama could bring sweeping changes to Japan if his opposition party prevails in coming elections, ushering in an independent course in foreign affairs., more 

Security Forces Targeted in Kashmir

Suspected rebels killed an Indian paramilitary troop and wounded two others in Indian Kashmir's main city, the first time security forces have been targeted this year., more 

RBS Nears Deal to Sell Asian Assets

Royal Bank of Scotland is close to sealing a long-anticipated deal to sell some of its Asian assets to Australia & New Zealand Banking Group., more 

Plague Outbreak in Chinese Town

Thousands of people have been placed under quarantine in a town in northwest China after a man died of pneumonic plague and 11 others were confirmed infected with the deadly lung infection., more 

Talks Fail at South Korean Car Maker

Talks to end a months-long strike at ailing Ssangyong Motor broke off, with management threatening to take steps toward bankruptcy unless the union accepts a compromise offer on layoffs., more 

England's Cricketers Raze Australia

England reach 116-2 before bad light ends play on second day after Australia collapsed from 126-1 to 263 all out., more 

Nissan Unveils New Electric Car

The Japanese car maker's CEO said he isn't worried that the company's new electric vehicle will face stiff competition from hybrid cars offered by rival companies., more 

Malaysian Protesters Clash With Police

Malaysian riot police fired tear gas and water cannons in clashes with thousands of antigovernment demonstrators protesting a long-standing law allowing detention without trial., more 

Three U.S. Troops Die in Afghanistan

Militants in eastern Afghanistan attacked U.S. forces with gunfire after a roadside bomb hit their convoy. Three American troops were killed in the attack., more 

Thousands Mourn Filipino Ex-President

Mourners wept as they paid their last respects at the wake of former President Corazon Aquino on Sunday, with some pledging to carry on her legacy by protecting the democracy she helped install 23 years ago., more 

Plague Outbreak in Chinese Town

Thousands of people have been placed under quarantine in a town in northwest China after a man died of pneumonic plague and 11 others were confirmed infected with the deadly lung infection., more 

Talks Fail at South Korean Car Maker

Talks to end a months-long strike at ailing Ssangyong Motor broke off, with management threatening to take steps toward bankruptcy unless the union accepts a compromise offer on layoffs., more 

Nissan Unveils New Electric Car

The Japanese car maker's CEO said he isn't worried that the company's new electric vehicle will face stiff competition from hybrid cars offered by rival companies., more 

RBS Nears Deal to Sell Asian Assets

Royal Bank of Scotland is close to sealing a long-anticipated deal to sell some of its Asian assets to Australia & New Zealand Banking Group., more 

England's Kings of Swing Demolish Australia

England reach 116-2 before bad light ends play on second day after Australia collapsed from 126-1 to 263 all out., more 

Security Forces Targeted in Kashmir

Suspected rebels killed an Indian paramilitary troop and wounded two others in Indian Kashmir's main city, the first time security forces have been targeted this year., more 

Malaysian Protesters Clash With Police

Malaysian riot police fired tear gas and water cannons in clashes with thousands of anti-government demonstrators protesting a long-standing law allowing detention without trial., more 

Philippines Ex-President Aquino Dies

Corazon Aquino, who helped bring down a dictator as leader of the "People Power" revolution and became president of the Philippines in 1986, died Saturday in Manila at age 76., more 

Hatoyama Upholds Political Tradition

Yukio Hatoyama could bring sweeping changes to Japan if his opposition party prevails in coming elections, ushering in an independent course in foreign affairs., more 

China Aims to Keep Markets Open

China started formal complaints at the WTO against U.S. and EU trade barriers, seeking to keep markets open to its exports., more 

Aggressive Australia Put England on Back Foot

Cricket: Ricky Ponting's side look to make up lost time after rain-delayed the start, and close day one on 126-1 after winning the toss at Edgbaston., more 

U.N.: Afghan Civilian Deaths Up 24%

The U.N. said the number of civilians killed in Afghanistan has jumped 24% so far this year, with airstrikes and bombings by insurgents the biggest killers., more 

Japan's Drug Makers See Sales Slow

Japan's leading pharmaceutical makers reported slower earnings growth, dragged down by falling sales due to a strong yen and a limited pipeline of new drug launches., more 

HTC Gets Pinched by Competitors

Handset maker HTC said it now expects revenue to fall this year because of product delays and a drop in contract orders., more 

Sony Is Still Feeling the Recession's Bite

The electronics and entertainment giant posted a $271 million quarterly loss on a 19% drop in revenue, putting more pressure on CEO Stringer, more 

Vital Signs: Employment Still Looks Weak

On deck: ISM indexes, construction spending, car sales, personal income, pending home sales, factory orders, and the employment report, more 

Is China Leading a Global Recovery?

, more 

Yahoo: Losing the Geek Factor

Surrendering search responsibilities to Microsoft will likely take a toll on Yahoo's engineering and innovation prowess, more 

Why Korean Tech Firms Are Ahead of Rivals in Japan

Korea's Samsung has been thriving as Japan's Sony and Sharp tread water. A weak won and strong yen are not the only explanation, more 

Is the Worst Over for Japan's Automakers?

Earlier cost-cutting seems to be paying off as Honda, Nissan, and Mazda all post better-than-expected earnings results, more 

Cash For Clunkers Faces Possible Suspension

There may need to be a new award for short-sightedness in Washington DC: The Clunker Award., more 

Glass Company CEO Stresses Need for Clarity

Stuart Chambers, chief executive of Nippon Sheet Glass, talks about his first job and offers advice for managers in merging companies., more 

How DHR Chief Found Her Match

Christine Greybe earns her livelihood matching companies with new senior executives in these turbulent economic times., more 

A Good Time to Be a Banker?

Pierre Baer, private-banking chief for Société Générale, says there's no better time for private bankers to decide if they're in the right business., more 

Bridging Cultures, Post-Acquisition

If Tom McCabe, an independent financial-services consultant, had a simplified management credo written down, it would probably read: talk and walk -- a lot., more 

Interchange Between Sales, Distribution

Kirin Brewery CEO Kazuyasu Kato stresses the need for good communication to keep the company relevant., more 

Making Sure Seoul Guests Feel at Home

Bernhard Brender, head of the Grand Hilton Hotel in Seoul, learned networking the hard way on the path from the kitchen to the executive suite., more 

YTL Scion Fosters Faith-Based Culture

Tan Sri Francis Yeoh, head of YTL, is both one of Malaysia's most prominent business personalities and a religious man who seeks to practice his Christian values in life and business., more 

Diversification Helps Macquarie

Nicholas Moore took the reins of Macquarie in the midst of the worst global financial downturn in decades, but he has managed to dodge the troubles of its banking-industry peers., more 

To Enrich by Way of the Sword

Sensei Akira Kubo, whose martial arts academies extend from Tokyo and China to Italy and Israel, has been a global missionary for the Japanese art of Kendo., more 

Secret to Weather the Economic Storm

Andre Koo, executive chairman of Taiwan's Financial One, says taking care of his staff is the secret to surviving the global financial storm., more 

Fast Retailing Lives Up to Name

Being dominant in Japan doesn't satisfy President Tadashi Yanai, who aims to make his company Asia's leading fashion retailer within five years., more 

Motivating Employees When You're the Underdog

The head of Microsoft's consumer and online business in Asia must find a way to popularize Microsoft's Web services or be left with a shrinking piece of the online-advertising pie., more 

Nippon Paper Pins Growth on Overseas Markets

To survive consolidation, Japanese paper companies have been forced to merge, while larger companies such as Nippon Paper have been expanding overseas., more 

Ex-Boxer Drums Up Asian Business for Scotland

Frank Boyland, Scottish Development International's director for Asia, learned some of his management skills in the school of hard knocks -- a boxing gym., more 

Japan Tobacco's Lessons from Scandal

Japan Tobacco's CEO thinks the group emerged from a scandal over pesticide-laced gyoza, or dumplings, with a more cohesive corporate DNA and focus on customer relations., more 

Toyota Is First Across the Finish Line

Toyota's position in the tumultuous auto industry helped it finish atop voting of the overall most-admired companies in Japan in the Asia 200 survey., more 

China Seeks Solution on Iron Ore Talks

Quashing speculation a resolution was imminent over troubled iron ore price talks between China and global miners, a senior Chinese official said talks were still ongoing., more 

Vale to Delay Settling China Ore Prices

Brazilian miner Vale said it wouldn't settle iron-ore contract prices with China until after its rivals BHP Billiton and Rio Tinto finalize their China contracts., more 

Bond Worry: Will China Keep Buying?

Shaky auctions of Treasury notes this week reignited concerns about whether the government can attract buyers from China and elsewhere to soak up trillions in new debt., more 

Italy Mulls Exiting Afghanistan

Italy will be looking for an exit strategy from Afghanistan after the election there, Berlusconi said in the first suggestion of a possible withdrawal of Italian troops., more 

CIC Wades Into U.S. Hedge Funds

China Investment Corp.'s $200 billion sovereign-wealth fund is reaching out to old friends in the U.S. as it ventures into hedge-fund investing., more 

China Drafts New Loan Rules

China's banking regulator has drafted rules governing loans used for working capital, following warnings from government officials that unrestricted lending has helped create potential bubbles in the local stock and property markets., more 

China Cities Raise Water Price

Cities in China are raising the price of water, and trying to balance the need to conserve a scarce resource with the effects on a public used to low fees., more 

Urban India Student PC Usage 71%: Survey

A striking 71% of students in Indian metropolitan areas say they use personal computers, according to a new survey by information technology giant Tata Consultancy Services., more 

Nikkei Rises to 2009 High

Asian markets ended higher, with Japan advancing 1.9% to its highest level this year as exporters benefited from a weaker yen and electronics companies rose on Sony's better-than-expected results., more 

Better Signs for Japan's Banks

Japan's banks showed signs of recovery in their fiscal first-quarter results, but while the nation's biggest lender reported profit gains, other bank results showed a difficult operating environment persists., more 

Mizuho Financial Hit by Derivatives

Mizuho Financial Group remained in the red in its fiscal first quarter as valuation losses from trading credit default swaps and other derivatives mounted., 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 

Urban India Student PC Usage 71%: Survey

A striking 71% of students in Indian metropolitan areas say they use personal computers, according to a new survey by information technology giant Tata Consultancy Services., more 

TVS Motor Profit Up on Lower Input Costs, Higher Sales

TVS Motor beat market estimates with a more than twofold jump in its first quarter net profit as vehicle sales rose and raw material costs declined., more 

Sensex Ends Up 1.8%, Highest Close in Over 12 Months

Strong global cues and heavy institutional buying at the start of a new derivatives contract propelled Indian shares to their highest close in more than a year Friday., more 

Bond Worry: Will China Keep Buying?

Shaky auctions of Treasury notes this week reignited concerns about whether the government can attract buyers from China and elsewhere to soak up trillions in new debt., more 

Nikkei Rises to 2009 High

The Nikkei rose 1.4% to its highest level this year as exporters benefited from a weaker yen and electronics companies rose on Sony's better-than-expected results., more 

Nikkei Rises to 2009 High

The Nikkei rose 1.4% to its highest level this year as exporters benefited from a weaker yen and electronics companies rose on Sony's better-than-expected results., more 

China Seeks Solution on Iron Ore Talks

Quashing speculation a resolution was imminent over troubled iron ore price talks between China and global miners, a senior Chinese official said talks were still ongoing., more 

Mizuho Financial Hit by Derivatives

Mizuho Financial Group remained in the red in its fiscal first quarter as valuation losses from trading credit default swaps and other derivatives mounted., 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 

TSMC Upbeat on Chip Demand

TSMC posted a 15% fall in second-quarter net income, its best quarterly result in nine months, adding continued recovery in demand for chips will lift the company and industry's revenue., more 

Alcatel Expects Asia Sales Growth

Alcatel CEO Ben Verwaayen expects sales from the Asian-Pacific region to become a larger portion of its global revenue, and foresees returning to "normal" profitability by 2011., more 

DoCoMo Profit Sinks, Softbank Soars

NTT DoCoMo and Softbank reported contrasting fiscal first-quarter results, with DoCoMo's profit hit by shrinking per-user revenue while Softbank reaped gains from increased service fees and handset sales., more 

Alibaba.com Splits Management

Alibaba.com is separating the management of its domestic and international marketplaces and stepping up ties with Taobao.com., more 

China Seeks Clean Energy Balance

China's government said it shut down many of its smaller and dirtier power plants nearly two years ahead of schedule, but China's overall power-generating capacity surged by about one-fifth over the same period., more 

China Drafts New Loan Rules

China's banking regulator has drafted rules governing loans used for working capital, following warnings from government officials that unrestricted lending has helped create potential bubbles in the local stock and property markets., more 

Toyota Is First Across the Finish Line

Toyota's position in the tumultuous auto industry helped it finish atop voting of the overall most-admired companies in Japan in the Asia 200 survey., more 

Sony Swings to a Loss

Sony swung to a quarterly net loss as a slide in consumer spending, the strong yen and hefty restructuring costs pummeled results., more 

Singapore Air Posts Loss

Singapore Airlines swung to a net loss in the first quarter as the global economic slowdown and the outbreak of H1N1 crimped demand., more 

Shinsei Turns Profitable as Costs Ease

Shinsei Bank posted a profit after three quarters of losses as its bad-loan burden eased., more 

Sumitomo Trust Gets Nikko Asset

Sumitomo Trust is acquiring Citigroup's Nikko Asset Management business in a deal that values the firm at $1.18 billion., more 

Electronics Firms Post Losses. Sales Slide

Four big Japanese electronics makers posted losses as the global slowdown continued to sap demand for their products., more 

Japan Jobless Rate at Six-Year High

Japan's unemployment rate rose to a six-year high of 5.4% in June, suggesting that an emerging recovery for companies has yet to filter down to workers and families., more 

China Cities Raise Water Price

Cities across China are raising the price of water, in moves that try to balance the need to conserve an increasingly scarce resource with the effects on a public used to low fees., more 

Vale to Delay Settling China Ore Prices

Brazilian miner Vale said it wouldn't settle iron-ore contract prices with China until after its rivals BHP Billiton and Rio Tinto finalize their China contracts., more 

Mitsubishi, Mazda Hit by Sales Slump

Mitsubishi and Mazda plunged fell into the red in the fiscal first quarter, as the economic slump kept potential customers away and the strong yen reduced overseas earnings., more 

CIC Wades Into U.S. Hedge Funds

China Investment Corp.'s $200 billion sovereign-wealth fund is reaching out to old friends in the U.S. as it ventures into hedge-fund investing., more 

Italy Mulls Exiting Afghanistan

Italy will be looking for an exit strategy from Afghanistan after the election there, Berlusconi said in the first suggestion of a possible withdrawal of Italian troops., more 

RBS Close to Sale of Taiwan Assets

Royal Bank of Scotland will announce the sale of its Taiwan banking assets to Australia and New Zealand Banking Group as early as next week, people familiar with the situation said., more 

China Detains Prominent Activist

Chinese authorities detained a prominent legal activist, escalating a clampdown on dissent ahead of the 60th anniversary of the founding of Communist Party rule., more 

Wii Sales Slump Hits Nintendo

Nintendo's net profit skidded more than 60% as sales of the Wii collapsed in the U.S. and elsewhere on a shortage of new games., more 

SAIL Profit Drops 28%

Steel Authority of India - India's largest steelmaker by capacity - said net profit for the fiscal first quarter fell 28%, beating analysts' estimates., more 

Bharti Applied for Approval of Proposed MTN Deal -Minister

India's federal government said markets regulator has received an application from Bharti Airtel on a proposal to allow it to enter into a partnership with South Africa's MTN Group., more 

Should the Private Sector Be More Involved in Government?

Two Indian students on the WSJIDEBATE panel debate the role of specialists in governance after the appointment of Nandan Nilekani as the head of India's Unique ID Authority., more 

Mahindra Profit More Than Doubles

Mahindra & Mahindra beat analysts' estimates with a more than twofold jump in its quarterly net profit, helped by a merger of two units with itself and higher vehicle sales., more 

Alibaba.com Splits Management

Alibaba.com is separating the management of its domestic and international marketplaces and stepping up cooperation with sister company Taobao.com, according to an internal memo., more 

TSMC Upbeat on Chip Demand

TSMC posted a 15% fall in second-quarter net income, its best quarterly result in nine months, adding continued recovery in demand for chips will lift the company and industry's revenue., more 

Weak Wii Sales Hit Nintendo Results

Nintendo said its net profit skidded more than 60% as sales of its Wii videogame consoles collapsed in the U.S. and elsewhere on a shortage of new games to reel in recession-hit consumers., more 

Alcatel Expects Asia Sales Growth

Alcatel CEO Ben Verwaayen expects sales from the Asian-Pacific region to become a larger portion of its global revenue, and foresees returning to "normal" profitability by 2011., more 

Shinsei: No Need for Public Funds

Japanese lender Shinsei's finance chief said he doesn't see the need for an injection of public funds now but may reconsider its capital requirements in the future., more 

DoCoMo Profit Sinks, Softbank Soars

NTT DoCoMo and Softbank reported contrasting fiscal first-quarter results, with DoCoMo's profit hit by shrinking per-user revenue while Softbank reaped gains from increased service fees and handset sales., more 

NEC, Fujitsu Swing to Losses

NEC and Fujitsu said they swung deep into the red in the quarter ended June, but the two Japanese electronics makers noted signs of a possible recovery later this year., more 

Singapore Air Posts First Loss in Six Years

Singapore Airlines swung to a net loss in the first quarter as the global economic slowdown and the outbreak of H1N1 influenza crimped cargo and passenger demand., more 

Mitsubishi, Mazda Hit by Sales Slump

Mitsubishi and Mazda plunged fell into the red in the fiscal first quarter, as the economic slump kept potential customers away and the strong yen reduced overseas earnings., more 

RBS Close to Sale of Taiwan Assets

Royal Bank of Scotland will announce the sale of its Taiwan banking assets to Australia and New Zealand Banking Group as early as next week, people familiar with the situation said., more 

Sumitomo Buys Citi Wealth Unit

Sumitomo said it will buy a 98.55% stake in Citigroup Inc.'s asset management unit in Japan for 112.4 billion yen., more 

Anil Ambani - Questions and Answers

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 

Court to Decide on Gas Row Final Hearing September 1

The Supreme Court of India will decide Sept. 1 on the date for the final hearing of a long-running gas dispute between Reliance Natural Resources and Reliance Industries, a spokesman for RNRL said., more 

SBI Profit Jumps 42%

State Bank of India reported a better-than-expected 42% rise in its fiscal first-quarter unconsolidated net profit, driven by higher non-interest income., more 

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 

India Inflation Down 1.54%

India's wholesale prices fell more steeply in the week ended July 18 than in the previous two weeks but are likely to start rising by October when the impact of last year's high readings begins to taper off., more 

Indian Oil Profit Surges

Indian Oil reported a sharp rise in its fiscal first-quarter net profit, becoming the third state-run refiner in as many days to say it has benefited from a fall in crude oil prices that helped trim losses on the sale of oil products at a discount., more 

Widow of China Reformer Deng Dies

Zhuo Lin, the widow of late Chinese paramount leader and economic reformer Deng Xiaoping, died Wednesday from an unspecified illness in Beijing., more 

China Bank Puts Focus on Credit

China's central bank said bank loans need to be channeled more productively to support economic growth, but signaled it won't set loan curbs in the second half of 2009 to cool explosive lending growth., more 

Sony Swings to a Loss

Sony swung to a quarterly net loss as a slide in consumer spending, the strong yen and hefty restructuring costs pummeled results., more 

San Miguel Outlines Growth Finance Plan

San Miguel Corp. said it plans to sell up to 49% of San Miguel Purefoods to finance its expansion plans., more 

Police Investigate Jakarta Bomb Claim

Indonesian police are investigating a statement posted on the Internet in which one of Southeast Asia's most-wanted terrorists allegedly claims responsibility for the recent bombings in Jakarta., more 

India's Singh Defends Pakistan Plan

India's prime minister defended his statements to try to improve relations with Pakistan, saying he thinks Islamabad is making a sincere effort to fight terror., more 

Tata Motors Expects Jaguar Cost Cuts

Tata Motors' chairman said Jaguar-Land Rover will need to cut costs and reduce vehicle-development time during the current global economic slowdown., more 

UMC Sees Rising Demand

United Microelectronics reported its first quarterly net profit in a year on stronger demand, and said it plans to boost 2009 capital expenditure., more 

China Plans to Cut Death Sentences

The highest court in China, which executes more people than any other country, has called for the death penalty to be used less often and for only the most serious criminal cases., more 

NAB Buys Goldman Sachs Unit

National Australia Bank will take a majority stake in Goldman Sachs JBWere's private wealth management business in Australia and New Zealand., more 

Nippon Steel's Sales Slump

Nippon Steel posted a net loss of $447 million in the fiscal first quarter ended June, and warned of a deeper loss for the first half on slumping consumption., more 

Macquarie Eyes U.S., Europe

Macquarie Group forecast a rise in profit and signaled its intention to expand in the dispirited U.S. and European financial sectors., more 

China's 'Shoe City' Growth Slows

The mayor of Dongguan said the manufacturing hub's gross domestic product growth rate this year is at 0.6%, far short of its full-year target of 10%., more 

Honda, Nissan Seek End to Slump

Honda and Nissan posted dismal earnings to start their fiscal years, but beat market expectations, offering signs that losses of the past year may be behind them., more 

Barometer on China's Health: Shippers

If China's economy is faltering, the global shipping industry will be among the first to reveal it., more 

BHP Sets Iron-Ore Price Pacts

BHP took a big step forward in its campaign to change the way iron ore is priced using the current annual benchmark system., more 

China's Central Bank Is in a Bind

It's not an easy dilemma for China's government to resolve -- deflating price bubbles while keeping employment high., more 

Toshiba's Net Loss Widens

Toshiba reported a wider net loss in its fiscal first quarter because of restructuring costs and losses at its chip operations., more 

Banks Seek Clarification on Investment Norms

Several Indian banks, where overseas investors hold a majority stake, have approached the finance ministry seeking clarification on a recent norm that qualifies such banks' domestic investments as foreign, a senior government official said., more 

Kingfisher Airlines Loss Widens

Kingfisher Airlines said its first quarter net loss widened from a year earlier - but investors cheered the stock on expectations that the airline's liquidity crunch will ease as it announced plans to raise up to 5 billion rupees., more 

India Trade Deficit Narrowing on Shrinking Imports

Shrinking imports have narrowed India's trade deficit, although growing exports remain a challenge amid a deep global economic downturn, the country's commerce and industry minister said., more 

Air India Free to Reschedule Future Aircraft Deliveries

National carrier Air India is free to reschedule future aircraft deliveries, federal Civil Aviation Minister Praful Patel said., more 

Tata Motors: Need Major Cost Cuts at Jaguar-Land Rover

Ratan Tata said U.K.-based Jaguar-Land Rover will need to cut costs and reduce vehicle development time during the current global economic slowdown., more 

Tata Steel Profit Falls 47%

Tata Steel - the world's eighth largest steelmaker by capacity - said unconsolidated net profit for the fiscal first quarter fell 47%, in line with analyst expectations., more 

Lupin Net Profit Up 25%

Lupin said its first-quarter net profit rose 25%, almost in line with the pace of revenue growth, and forecast a 25%-30% increase in revenue for the current fiscal year., more 

Hero Honda Profit Jumps 83%

Hero Honda Motors, India's biggest motorcycle maker by sales, posted an 83% jump in its first quarter net profit to 5 billion rupees ($103.7 million) from 2.73 billion rupees a year earlier., more 

Sun Pharma Profit Drops 67%

Indian drug maker Sun Pharmaceutical Industries reported a steeper-than-expected 67% drop in first quarter consolidated net profit, hurt by lower sales of finished drugs and regulatory problems in the U.S., more 

Sensex Ends Down on China Sell-Off

Weak Asian trade following a sharp fall in China shares, coupled with heavy selling in select blue chips, including some heavyweights, pulled Indian shares lower Wednesday., more 

RBI May End Government Borrowing Support

With inflation about to rear its head again in India, it won't be long before the government will have to finance its widening budget deficit without help from the central bank., more 

India's Singh Defends Pakistan Plan

India's prime minister defended his statements to try to improve relations with Pakistan, saying he thinks Islamabad is making a sincere effort to fight terror., more 

Why Business Schools Should Focus on Emerging Markets

Too many B-schools are preparing students for the last century. To ready them for this one, they should focus on China, India, and the rest of the developing world, more 

M&A's Long Road Back

Recent news from IBM, Amazon, and others suggests deals are being made, but conditions are still far from normal in the world of mergers and acquisitions, more 

Japan Wants to Build Medical Tourism Market

The Ministry of Economy, Trade, and Industry will oversee a small-scale project expected to start in September at 10 of the nation's largest hospitals, more 

U.S., China Go with First-Stringers in D.C. Summit

Much of China's cabinet is in Washington for talks, and President Obama himself appeared, along with Secretary of State Clinton and Treasury Secretary Geithner, more 

Compensation in iPhone Worker Suicide

Taiwanese manufacturer Foxconn will pay compensation to the family of a worker who committed suicide after being interrogated over a missing iPhone prototype, more 

Yahoo Gives In to Microsoft, Gives Up on Search

In a long-awaited pairing aimed at taking on Google, Yahoo will handle ad sales while Microsoft gets the real prize: data on who's doing what online, more 

Jesse Bhattal Will Leave Nomura Asia

The former Asia-Pacific CEO of Lehman Brothers will relinquish his current post as chairman of Nomura Asia at the end of the year, more 

Honda, Nissan Beat Expectations

Despite weak sales and a strong yen, profits at Japan's second and third largest carmakers are beginning to recover, more 

San Miguel Outlines Growth Finance Plan

San Miguel Corp. said it plans to sell up to 49% of San Miguel Purefoods to finance its expansion plans., more 

San Miguel Outlines Growth Finance Plan

San Miguel Corp. said it plans to sell up to 49% of San Miguel Purefoods to finance its expansion plans., more 

Police Investigate Jakarta Bomb Claim

Indonesian police are investigating a statement posted on the Internet in which Noordin Mohamed Top, one of Southeast Asia's most-wanted terrorists, allegedly claims responsibility for the recent bombings in Jakarta., more 

Chipmaker Sees Rising Demand

United Microelectronics Corp. reported its first quarterly net profit in a year on stronger demand and said it plans to boost 2009 capital expenditure., more 

Honda's Net Tumbles 96%

Honda said that its net profit was all but wiped out in the first quarter ended June, hit by a slide in demand in key markets and the yen's strength., more 

Inflationary Worries Hit Beijing

Inflationary pressures from abroad and at home are likely on the rise in China as the economy recovers, the central bank said., more 

Macquarie Eyes U.S., Europe

Macquarie Group forecast a rise in profit and signaled its intention to expand in the dispirited U.S. and European financial sectors., more 

Chinese Convey Concern on U.S. Debt

A show of unity from the U.S. and China at the end of a high-profile two-day conference was overshadowed by continuing Chinese concerns about the U.S.'s growing pile of debt., more 

Nomura Stumbles in New Global Push

Japanese brokerage firm Nomura is struggling to integrate Lehman's international operations, which it acquired last year, as cultural and business differences loom large., more 

EU Puts Penalties on Chinese Steel

EU officials approved pre-emptive penalties on imports of steel pipe from China, a precedent-setting move that suggests the trading bloc is growing more protectionist., more 

Nikkei Stalls; China Debut Soars

The Nikkei edged up 0.2% Wednesday while Australian resource stocks fell on lower commodity prices. China State Construction Engineering soared on its debut in China., more 

Toshiba's Net Loss Widens

Toshiba reported a wider net loss in its fiscal first quarter due to restructuring costs and losses at its chip operations., more 

Temasek Portfolio Lost $28 Billion

Singapore state-owned investment company Temasek Holdings lost $28 billion in total portfolio value as of end-March from a year earlier, Chief Executive Ho Ching said., more 

India's Middle Class Steps Up

Prashant Agrawal, CEO of Indipepal.com, on a new and good outlet for giving., more 

Celanese Finds Solace in China Demand

Celanese said China is one the few bright spots in the global economy, while demand for the chemical maker's products remains lackluster in the U.S. and Europe., more 

JFE Reports Loss as Costs Rise

JFE reported its first ever quarterly net loss as global steel demand tumbled and costs soared, but it still expects to stay in the black for the full fiscal year., more 

Hitachi to Shake Up Listed Units

Hitachi plans to spend almost $2.87 billion to buy out minority shareholders in five subsidiaries and turn them into wholly owned units., more 

Barclays Bulks Up Asia FX Team

The investment banking arm of Barclays Bank continued to bulk up its foreign-exchange business in Asian-Pacific with five newly created hires., more 

Gammon India May Be Blacklisted

India's Minister for Urban Development said in Parliament that Gammon India, the company which designed and built the stretch of the Delhi Metro which recently collapsed, may be banned from future metro contracts., more 

Appetite for Risk Pushes Dollar Down

A revived appetite for risk among global investors is pushing the U.S. dollar down to test recent lows as sentiment shifts in favor of the Australian dollar, the euro and other currencies geared to a world-wide economic recovery., more 

Nomura's Asia Chairman to Resign

Nomura's Asia chairman, Jesse Bhattal, is set to resign, marking the highest-level departure of Lehman Brothers talent from the bank., more 

Toyota's Sales Edge Out Rivals

Toyota retained the top spot in global auto sales for the first half of the year, although it came under pressure from GM., more 

Philippines Regulates Drug Prices

Philippines President Gloria Macapagal Arroyo imposed price controls on several branded drugs after their manufacturers failed to comply with a new law designed to lower retail prices., more 

Ambani Feud Envelops Indian Ministry

Anil Ambani criticized India's petroleum and natural gas ministry and said Reliance Natural Resources risked becoming a company without assets if it doesn't get needed gas supplies., more 

Toyota Fights to Regain U.S. Traction

New North American chief Yoshimi Inaba wants to revitalize Toyota's North American lineup, particularly the lagging Lexus and Scion brands, more 

China's Power at Issue in High-Level U.S. Talks

While China's leadership will look for assurances on U.S. inflation, the American team wants to talk about the shape of a global recovery, more 

The iPod Is Dead. Long Live the iPod

Traditional versions of the iconic device are a thing of the past, but future iterations will have a long and vibrant future, more 

Chinese Factory Workers Kill Boss

Fear of Layoffs from privatization stokes protests by 30,000, more 

China Telecoms Market to Surpass Japan by 2014

Huge growth in mobile and 3G to create $187 billion market, more 

Asia Back on Investor Radar Screens

JP Morgan says Global Investors are bullish on Asia, more 

Yurun Placement Triggers Heavy Selloff

Chinese pork producer tumbles 12%, more 

Bill Gates' Fix for India's Ills: Technology

Microsoft Chairman Gates says technology—from an electronic network for urban workers to a national ID card project—can help India overcome its challenges, more 

Canon Profit Slides on Downturn

Canon said the sharp fall in global consumer demand for electronic products sliced nearly nine-tenths off its net profit in the second quarter ended June., more 

SK Telecom Profit Rises 4.6%

SK Telecom, South Korea's largest wireless operator, said its second-quarter net profit rose 4.6% from a year earlier due to a rise in subscribers., more 

Hong Kong Advances

Most Asian markets ended higher after a roller-coaster session, with hopes for earnings growth and broker upgrades helping some indexes reverse early declines. The Hang Seng rose 1.8%., more 

Hitachi to Shake Up Listed Units

Hitachi, which swung into the red in its fiscal first quarter, said it plans to spend almost $3 billion to buy out minority shareholders in five publicly traded subsidiaries and turn them into wholly-owned units., more 

Fiji's President to Step Down

Fiji said its president will step down and be replaced by a former army commander, a move observers say will consolidate the military's rule in this South Pacific nation., more 

Nomura's Asia Chairman to Resign

Nomura's Asia chairman, Jesse Bhattal, is set to resign, marking the highest-level departure of Lehman Brothers talent from the bank., more 

Toyota's Sales Edge Out Rivals

Toyota retained the top spot in global auto sales for the first six months of 2009, despite a 26% drop in vehicles sold and pressure from General Motors., more 

Appetite for Risk Pushes Dollar Down

A revived appetite for risk among global investors is pushing the U.S. dollar down to test recent lows as sentiment shifts in favor of the Australian dollar, the euro and other currencies geared to a world-wide economic recovery., more 

Gammon India May Be Blacklisted

India's Minister for Urban Development said in Parliament that Gammon India, the company which designed and built the stretch of the Delhi Metro which recently collapsed, may be banned from future metro contracts., more 

EU Puts Penalties on Chinese Steel

EU trade officials approved preemptive penalties on steel pipe imports from China, a precedent-setting move that suggests the trading bloc is growing more protectionist., more 

Barclays Bulks Up Asia FX Team

The investment banking arm of Barclays Bank continued to bulk up its foreign-exchange business in Asian-Pacific with five newly created hires., more 

Virgin Blue Seeks Cash; CEO to Exit

Virgin Blue plans a $189 million capital raising to improve its liquidity and financial flexibility after facing the toughest operating conditions in the airline's history., more 

The Fighting Irish Take On Japan

Notre Dame’s exhibition game at the Tokyo Dome was the stiffest test yet of Japan’s progress as a football nation., more 

Samsung Unveils E-Book Reader

Samsung jumped into the e-book market by rolling out a small-screen reader that it will initially sell in its home country of South Korea with content provided by a local bookstore chain., more 

China IPO Signals New Fervor

China's first major new share offering since last year rocketed out of the gates in the latest sign that the nation's efforts to shore up its economy are fueling speculative fervor., more 

Japan Opposition Pledges Spending Boost

The opposition Democratic Party of Japan unveiled an election manifesto promising to stimulate spending and shift policy-making power to lawmakers., more 

Sanofi to Acquire Stake in Indian Firm

Sanofi-Aventis said it will acquire a majority stake in Indian vaccines maker Shantha Biotechnics in an effort to bolster its vaccines portfolio, and expand into emerging markets., more 

Canon Profit Slides on Downturn

Canon said the sharp fall in global consumer demand for electronic products sliced nearly nine-tenths off its net profit in the second quarter ended June., more 

Shenzhen Leader Promises Openness

Shenzhen's new leader pledged greater transparency and said he's cooperating with an investigation into his predecessor, who was detained last month by authorities for "serious disciplinary offenses.", more 

Pandit Affirms Citi's Faith in Asia

Citigroup CEO Pandit said the bank wouldn't retreat from its fast-growing Asian business despite the financial crisis., more 

SK Telecom Profit Rises 4.6%

SK Telecom, South Korea's largest wireless operator, said its second-quarter net profit rose 4.6% from a year earlier due to a rise in subscribers., more 

Japanese Shippers Report Losses

Japan's top three shipping companies all reported quarterly losses, squeezed by weak shipping rates as a result of the global economic slump., more 

Islamabad Tells of Plot by Lashkar

Pakistani investigators have found substantial and incriminating evidence that directly connects Pakistan-based militant group Lashkar-e-Taiba to last year's attacks in Mumbai., more 

U.K. Urges Talks With Moderate Taliban

The U.K.'s Foreign Secretary said the Afghan government must take advantage of the allied military surge to reconcile with moderate Taliban guerrillas willing to take part in the political process., more 

Meager Monsoon Threatens Indian Growth

An unusually dry start to India's monsoon season is threatening to hurt agricultural output in an economy still hugely dependent on rural areas for growth., more 

Freeport Workers Charged in Shootings

Indonesian police charged two Freeport employees with alleged involvement in a spate of deadly shootings at a gold mine., more 

Korean Chip Giants to Join Forces

Samsung Electronics, LG Electronics and SK Telecom will tie up with other companies to develop semiconductors for smart phones and digital TV sets., more 

Three Guilty for 2003 Mumbai Blasts

An Indian court found two Muslim men and a woman guilty in twin bombings that killed 52 people and wounded 100 in Mumbai six years ago., more 

Tata Motors Profit Jumps 58%

Tata Motors posted a 58% rise in its fiscal first-quarter unconsolidated net profit at 5.14 billion ($106.8 million), compared with 3.26 billion a year earlier., more 

Hong Kong Advances

Most Asian markets ended higher after a roller-coaster session, with hopes for earnings growth and broker upgrades helping some indexes reverse early declines. The Hang Seng rose 1.8%., more 

U.S., China Tackle Prickly Issues

Obama kicked off talks with Chinese officials, calling for cooperation on the economy, climate change and weapons., more 

Air India Sells 21 Planes

Air India sold 21 planes for an estimated $447.55 million between March 2007 and March 2009, Civil Aviation Minister Praful Patel said., more 

Adani Power IPO Fully Subscribed

Power producer Adani Power's initial public offering of shares has been subscribed 2.16 times within minutes of book opening, data on the National Stock Exchange showed., more 

Tata Motors Mulling Fund-raising Options to Cut Debt

Tata Motors is considering various fund-raising options to reduce debt, a spokesman for India's biggest auto maker by sales said., more 

FDA Heat Fails to Scorch Appeal of Indian Pharma

Some Indian pharmaceutical companies are facing increased regulatory scrutiny in developed markets and that's perking up the view on the sector., more 

RBI Holds Rates Steady

India's central bank held interest rates steady as expected and raised its inflation forecast for this fiscal year, underscoring growing concern about price pressures as it tries to prod economic growth., more 

Reliance Power May Raise 200 Billion Rupees for Projects

Reliance Power may raise about 200 billion ($4.15 billion) in the financial year through March 2010 for several power projects, its chairman said., more 

Gammon India May Be Blacklisted

India's Minister for Urban Development S. Jaipal Reddy said in Parliament that Gammon India, the company which designed and built the stretch of the Delhi Metro which recently collapsed, may be banned from future metro contracts., more 

India Adviser: Hope Economy Will Grow 6% This Year

The Indian economy will hopefully grow by about 6% this fiscal year, but the "uncertainty around that is considerable," an adviser to the prime minister said, taking a contrarian view to the government's forecast., more 

Traders Blamed for Oil Spike

The CFTC plans to issue a report showing speculators played a significant role in driving wild oil-price swings, a reversal that augurs intensifying scrutiny on investors., more 

Sensex Ends Down 0.3%

A fall in Hindustan Unilever, the nation's largest consumer goods maker by sales, and in some heavyweight stocks offset gains in autos and other blue chips as Indian shares ended slightly lower., more 

HUL Profit, Sales Miss Estimates, Shares Slide

Hindustan Unilever said its net profit for the fiscal first quarter fell 2.7% from a year earlier, hurt by higher advertising costs and lower other income., more 

HT Media: Mint Likely to Turn Profitable by Fourth Quarter

HT Media said it expects its business newspaper - Mint - to turn profitable in the fourth quarter of this fiscal year, even as the company copes with a fall in advertising revenue., more 

SK Telecom Profit Rises 4.6%

SK Telecom, South Korea's largest wireless operator, said its second-quarter net profit rose 4.6% from a year earlier due to a rise in subscribers., more 

Nikkei Slips, Nomura Falls

Asian stock markets were mixed Tuesday, with some markets supported by Wall Street gains and Japan's Nomura Holdings falling as investors took profit. The Nikkei fell 0.3%., more 

Canon Profit Slides on Downturn

Canon said the sharp fall in global consumer demand for electronic products sliced nearly nine-tenths off its net profit in the second quarter ended June., more 

Sanofi to Acquire Stake in Indian Firm

Sanofi-Aventis said it will acquire a majority stake in Indian vaccines maker Shantha Biotechnics in an effort to bolster its vaccines portfolio, and expand into emerging markets., more 

RBI: Economic Drivers Need to Strengthen Further

India's economic drivers need to strengthen further, even as there are signs that headline inflation may rise by the end of the year, the central bank said Monday., more 

Pandit Affirms Citi's Faith in Asia

Citigroup CEO Pandit said the bank wouldn't retreat from its fast-growing Asian business despite the financial crisis., more 

U.S. Community-Building in a Dharmic Environment

Anju Bhargava of the Hindu American Seva Charities on how Indians can adopt and adapt to serve in their new homeland., more 

SpiceJet Posts a Profit

Indian budget carrier SpiceJet has swung to a first quarter net profit of 263.4 million rupees ($5.47 million) from a net loss of 1.29 billion rupees a year earlier., more 

Three Guilty for 2003 Mumbai Blasts

An Indian court found two Muslim men and a woman guilty in twin bombings that killed 52 people and wounded 100 in Mumbai six years ago., more 

Japan Opposition Pledges Spending Boost

The opposition Democratic Party of Japan unveiled an election manifesto promising to stimulate spending and shift policy-making power to lawmakers., more 

Freeport Workers Charged in Shootings

Indonesian police charged two Freeport employees with alleged involvement in a spate of deadly shootings at a gold mine., more 

Sanofi to Acquire Stake in Indian Firm

Sanofi-Aventis said it will acquire a majority stake in Indian vaccines maker Shantha Biotechnics in an effort to bolster its vaccines portfolio, and expand into emerging markets., more 

Islamabad Tells of Plot by Lashkar

Pakistani investigators have found substantial and incriminating evidence that directly connects Pakistan-based militant group Lashkar-e-Taiba to last year's attacks in Mumbai., more 

Pandit Affirms Citi's Faith in Asia

Citigroup CEO Pandit said the bank wouldn't retreat from its fast-growing Asian business despite the financial crisis., more 

Samsung Unveils E-Book Reader

Samsung jumped into the e-book market by rolling out a small-screen reader that it will initially sell in its home country of South Korea with content provided by a local bookstore chain., more 

Japanese Shippers Report Losses

Japan's top three shipping companies all reported quarterly losses, squeezed by weak shipping rates as a result of the global economic slump., more 

U.S. Seeks Broader Ties With China

Obama set the tone of his administration's first high-level talks with China by focusing on "mutual interests.", more 

Korean Chip Giants to Join Forces

Samsung Electronics, LG Electronics and SK Telecom will tie up with other companies to develop semiconductors for smart phones and digital TV sets., more 

China IPO Signals New Fervor

China's first major new share offering since last year rocketed out of the gates in the latest sign that the nation's efforts to shore up its economy are fueling speculative fervor., more 

U.K. Urges Talks With Moderate Taliban

The U.K.'s Foreign Secretary said the Afghan government must take advantage of the allied military surge to reconcile with moderate Taliban guerrillas willing to take part in the political process., more 

The Fighting Irish Take On Japan

Notre Dame’s exhibition game at the Tokyo Dome was the stiffest test yet of Japan’s progress as a football nation., more 

Tata Motors Profit Jumps 58%

Tata Motors posted a 58% rise in its fiscal first-quarter unconsolidated net profit at 5.14 billion ($106.8 million), compared with 3.26 billion a year earlier., more 

Singh Faces Doubts on Pakistan Strategy

Indian Prime Minister Singh is preparing to explain an agreement to improve relations with Pakistan after facing sustained political flak on the issue., more 

Three Guilty for 2003 Mumbai Blasts

An Indian court found two Muslim men and a woman guilty in twin bombings that killed 52 people and wounded 100 in the country's financial capital, Mumbai, six years ago., more 

U.K. Urges Talks With Moderate Taliban

The U.K.'s Foreign Secretary said the Afghan government must take advantage of the allied military surge to reconcile with moderate Taliban guerrillas willing to take part in the political process., more 

Japanese Shippers Report Losses

Japan's top three shipping companies all reported quarterly losses, squeezed by weak shipping rates as a result of the global economic slump., more 

Pandit Affirms Citi's Faith in Asia

Citigroup CEO Pandit said the bank wouldn't retreat from its fast-growing Asian business despite the financial crisis., more 

U.S. Seeks Broader Ties With China

Obama opened two days of high-level talks with China by calling for deeper engagement. The talks are expected to expose rifts on trade and soaring U.S. budget deficits., more 

India Clarifies Stock Option Rules

India's capital markets regulator clarified that employees of companies can subscribe to stock options even if they have sold the firm's shares during the previous six months., more 

BSNL Has Enough Cash -Minister

State-owned telecommunication-services company Bharat Sanchar Nigam, or BSNL, has enough cash to meet its immediate funding requirements, the Indian government said., more 

HCL Technologies Signs Pact With eBaoTech

Indian information technology company HCL Technologies said it has signed a pact with eBaoTech to deploy the Chinese company's software for their potential insurance clients., more 

NHPC Likely to Set IPO in 30-36 Rupees Price Band

State-owned NHPC is likely to price its initial public offer in the 30-36 rupees ($0.74) band when it opens for subscriptions later next month, a banker involved in the issue said Monday., more 

Bharti, MTN May Extend Talks

Bharti Airtel and South Africa's MTN Group are likely to extend their July 31 deadline to sign a merger deal as the two companies are trying to tie up loose ends of a complex arrangement, four people familiar with the matter said., more 

Uttar Pradesh Declares Drought in 47 Districts

Uttar Pradesh state, a key rice- and sugar cane-growing state, has declared drought in 47 districts, the state's agriculture minister said., more 

Fundamentals Drive the 'BRIC' Rebound

Brazil, Russia, India and China, often referred to as Bric, are recovering from the financial crisis in better shape than their developed peers., more 

ICICI Profit Rises 21%

ICICI Bank posted a better-than-expected 21% rise from a year earlier in its fiscal first-quarter net profit., more 

Adani Power's $625 Million IPO to Generate Hot Demand

Adani Power, the electricity generating unit of Adani Enterprises, is set raise up to $625 million in what analysts say will be a hotly contested initial public offering., more 

GAIL May Sell Part Of China Gas

GAIL (India) may sell a part of its stake in China Gas Holdings if the share price crosses 3.0 Hong Kong dollars a unit, its finance director said., more 

India Developing Seeds That Can Withstand Extreme Weather

India is developing gene varieties for rice and other seeds that can withstand extreme weather fluctuations such a droughts or floods lasting as long as two weeks., more 

Tata Motors Profit Jumps 58%

Tata Motors posted a 58% rise in its fiscal first-quarter unconsolidated net profit at 5.14 billion ($106.8 million), compared with 3.26 billion a year earlier., more 

Weak Monsoon Threatens India's Economic Rebound

An unusually dry start to India's monsoon season is threatening to hurt agricultural output in an economy still hugely dependent on rural areas for growth., more 

Virgin Blue Plans Share Sale

Virgin Blue plans a $189 million capital raising to improve its liquidity and financial flexibility after facing the toughest operating conditions in the airline's history., more 

Videogame Makers Can't Dodge Recession

Last month, videogame sales plunged by a record 29% year over year and sales of consoles like Microsoft's Xbox 360 and Nintendo's Wii dropped 38%., more 

Weak Monsoon Threatens India's Economic Rebound

An unusually dry start to India's monsoon season is threatening to hurt agricultural output in an economy still hugely dependent on rural areas for growth., more 

Nikkei Ends Above 10000

Asian share markets finished higher on optimism over the pace of economic recovery as Japan's Nikkei 225 ended above the 10000 mark for the first time since June., more 

Samsung Unveils E-Book Reader

Samsung jumped into the e-book market by rolling out a small-screen reader that it will initially sell in its home country of South Korea with content provided by a local bookstore chain., more 

Japan Oppositon Pledges Spending Boost

The opposition Democratic Party of Japan unveiled an election manifesto promising to stimulate spending and shift policy-making power to lawmakers., more 

India Clarifies Stock Option Rules

India's capital markets regulator clarified that employees of companies can subscribe to stock options even if they have sold the firm's shares during the previous six months., more 

What Works, What Doesn't, In Rural Finance

Sudip Bandyopadhyay, managing director of Reliance Money, recounts the successes, mishaps and motivations of extending the Reliance Money franchise into the countryside., more 

BSNL Has Enough Cash -Minister

State-owned telecommunication-services company Bharat Sanchar Nigam, or BSNL, has enough cash to meet its immediate funding requirements, the Indian government said., more 

HCL Technologies Signs Pact With eBaoTech

Indian information technology company HCL Technologies said it has signed a pact with eBaoTech to deploy the Chinese company's software for their potential insurance clients., more 

NHPC Likely to Set IPO in 30-36 Rupees Price Band

State-owned NHPC is likely to price its initial public offer in the 30-36 rupees ($0.74) band when it opens for subscriptions later next month, a banker involved in the issue said Monday., more 

Bharti, MTN May Extend Talks

Bharti Airtel and South Africa's MTN Group are likely to extend their July 31 deadline to sign a merger deal as the two companies are trying to tie up loose ends of a complex arrangement, four people familiar with the matter said., more 

Uttar Pradesh Declares Drought in 47 Districts

Uttar Pradesh state, a key rice- and sugar cane-growing state, has declared drought in 47 districts, the state's agriculture minister said., more 

Fundamentals Drive the 'BRIC' Rebound

Brazil, Russia, India and China, often referred to as Bric, are recovering from the financial crisis in better shape than their developed peers., more 

ICICI Profit Rises 21%

ICICI Bank posted a better-than-expected 21% rise from a year earlier in its fiscal first-quarter net profit., more 

Tata Motors Profit Jumps 58%

Tata Motors posted a 58% rise in its fiscal first-quarter unconsolidated net profit at 5.14 billion ($106.8 million), compared with 3.26 billion a year earlier., more 

Adani Power's $625 Million IPO to Generate Hot Demand

Adani Power, the electricity generating unit of Adani Enterprises, is set raise up to $625 million in what analysts say will be a hotly contested initial public offering., more 

GAIL May Sell Part Of China Gas

GAIL (India) may sell a part of its stake in China Gas Holdings if the share price crosses 3.0 Hong Kong dollars a unit, its finance director said., more 

Weak Monsoon Threatens India's Economic Rebound

An unusually dry start to India's monsoon season is threatening to hurt agricultural output in an economy still hugely dependent on rural areas for growth., more 

Jakarta Bombers Sought Higher Toll

Indonesian police said the suicide bombers who attacked two Jakarta hotels probably intended to kill far more people, but part of their plan unraveled when one of their bombs malfunctioned., more 

India Developing Seeds That Can Withstand Extreme Weather

India is developing gene varieties for rice and other seeds that can withstand extreme weather fluctuations such a droughts or floods lasting as long as two weeks., more 

North Korea Threatens 'Deadly Blows'

North Korea's defense chief vowed to deal "unimaginably deadly blows" to the U.S. and South Korea if they attack the communist nation amid a tense standoff over Pyongyang's nuclear ambitions., more 

India Launches Nuclear Submarine

India launched the first nuclear-powered submarine built on its soil, joining just five other countries that can design and construct such vessels., more 

Rio Official Thrived as China Changed

Stern Hu, the Australian mining executive whom China detained for allegedly stealing state secrets, personifies China's recent history of opening to the outside world., more 

Virgin Blue Plans Share Sale

Virgin Blue plans a $189 million capital raising to improve its liquidity and financial flexibility after facing the toughest operating conditions in the airline's history., more 

Hana Financial Net Drops 36%

Hana Financial Group reported a 36% drop in second-quarter net profit as the company felt the full effects of the economic downturn, but it did show some improvement from the first quarter., more 

UBS Hires Merrill's Magnus

UBS has hired Keith Magnus from Merrill Lynch to run the Swiss bank's Singapore and Malaysia investment banking team, the latest blow to Bank of America's efforts to keep its Asia investment banking team intact., more 

Videogame Makers Can't Dodge Recession

Last month, videogame sales plunged by a record 29% year over year and sales of consoles such as Microsoft's Xbox 360 and Nintendo's Wii plummeted 38%., more 

Long Bonds in Australia Find Favor

Australia struck firm investor demand for its first auction of longer-dated bonds in six weeks, while analysts said an improving economic outlook could let the government pare its borrowing requirements., more 

Chinese Steelworkers Fight Privatization

A human-rights group said Chinese steel workers staged a violent protest against a takeover of their state-controlled employer and a group of them killed an executive at the company that was to acquire it., more 

Asia Revisits Safety Nets

Asian countries are beginning to build extensive social-welfare programs like those in the West, a move aimed at encouraging their people to spend more and bolstering the economy., more 

Nikkei Tops 10,000

Asian share markets were higher Monday with the Nikkei 225 nosing over the 10,000 mark for the first time since July 1. Sichuan Expressway soared on debut in Shanghai., more 

Taliban Resume Swat Valley Attacks

Taliban militants driven from the Swat Valley by Pakistan's army in recent months are again infiltrating the region, kidnapping and beheading perceived enemies and ambushing soldiers, as refugees return home., more 

Weak Monsoon Threatens India's Economic Rebound

An unusually dry start to India's monsoon season is threatening to hurt agricultural output in an economy still hugely dependent on rural areas for growth., more 

What Works, What Doesn't, In Rural Finance

Sudip Bandyopadhyay, managing director of Reliance Money, recounts the successes, mishaps and motivations of extending the Reliance Money franchise into the countryside., more 

Rio Official Thrived as China Changed

Stern Hu, the Australian mining executive whom China detained for allegedly stealing state secrets, personifies China's recent history of opening to the outside world., more 

Long Bonds in Australia Find Favor

Australia struck firm investor demand for its first auction of longer-dated bonds in six weeks, while analysts said an improving economic outlook could let the government pare its borrowing requirements., more 

China Steel Protest Flares

A human-rights group said Chinese steel workers staged a violent protest against a takeover of their state-controlled employer and a group of them killed an executive at the company that was to acquire it., more 

UBS Hires Merrill's Magnus

UBS has hired Keith Magnus from Merrill Lynch to run the Swiss bank's Singapore and Malaysia investment banking team, the latest blow to Bank of America's efforts to keep its Asia investment banking team intact., more 

Asia Revisits Safety Nets

Asian countries are beginning to build extensive social-welfare programs like those in the West, a move aimed at encouraging their people to spend more and bolstering the economy., more 

Hana Financial Net Drops 36%

Hana Financial Group reported a 36% drop in second-quarter net profit as the company felt the full effects of the economic downturn, but it did show some improvement from the first quarter., more 

North Korea Threatens 'Deadly Blows'

North Korea's defense chief vowed to deal "unimaginably deadly blows" to the U.S. and South Korea if they attack the communist nation amid a tense standoff over Pyongyang's nuclear ambitions., more 

Macau's New Leader Faces Challenges

Fernando Chui was formally chosen to become Macau's next leader, handing control of the Chinese gambling territory to the scion of a powerful local family during a time of significant change for Macau., more 

India Launches Nuclear Submarine

India launched the first nuclear-powered submarine built on its soil, joining just five other countries that can design and construct such vessels., more 

Pakistan Holds Two in Killing of Pole

Pakistani police detained a former lawmaker and a suspected militant in connection with the beheading of a Polish geologist. Separately, authorities arrested the pro-Taliban cleric who brokered the failed Swat Valley peace deal., more 

Jakarta Bombers Sought Higher Toll

Indonesian police said the suicide bombers who attacked two Jakarta hotels probably intended to kill far more people, but part of their plan unraveled when one of their bombs malfunctioned., more 

Police Corner Protesters at Car Plant

Police said they would try to wait out a group of fired workers who have taken control of part of a factory complex at Ssangyong, in hopes of avoiding a violent end to a plant takeover that has lasted nearly two months., more 

India Clarifies Stock Option Rules

India's capital markets regulator clarified that employees of companies can subscribe to stock options even if they have sold the firm's shares during the previous six months., more 

ICICI Profit Rises 21%

ICICI Bank posted a better-than-expected 21% rise from a year earlier in its fiscal first-quarter net profit., more 

Tata Communications Profit Slides

Tata Communications said its fiscal first-quarter net profit dropped nearly 68% from a year earlier, dragged by lower revenue., more 

Macau's New Leader Faces Challenges

Fernando Chui was formally chosen to become Macau's next leader, handing control of the Chinese gambling territory to the scion of a powerful local family during a time of significant change for Macau., more 

India's New Land Rush

Some Indian farmers have become rich overnight by selling their land to developers, and the prosperity has greatly reshaped life on the outskirts of New Delhi., more 

Landmark Link

Mumbai's newest landmark, the 5-kilometer Bandra-Worli Sea Link, was open to the public Tuesday at midnight., more 

NRI Auntie, Indian Courts Are Hipper Than You

At least and at last, India recognizes gays; one step further than diaspora., more 

Letter From Himachal Pradesh

In rural Himachal, Michelle Arevalo-Carpenter finds scenes that remind her of a Gabriel Garcia Marquez novel and a struggle to balance the riches of development with the loss of, arguably, something more precious., more 

Rural States Help India Defy Slump

Growth in India's poor rural states helps explain why the country continues to grow even as the U.S. recession drags on the world economy., more 

The Pune Dream Home Put on Hold

Anjali Cordeiro searches for a real-estate bargain but finds surprising activity., more 

Air India to Revamp Board

The board of loss-making national carrier Air India will be revamped within a month by including seven independent directors, the country's civil aviation minister said., more 

Pakistan Looks at Swat and Sees India

Matthew Rosenberg, WSJ correspondent, on how many Pakistanis view the Taliban offensive., more 

BSE Sensex Ends Down 1.5%

Selling by foreign institutions and some domestic mutual funds pulled Indian shares lower for a second straight session as investors continued to book profits on the recent rally., more 

HDFC Net Profit Up 21%

Housing Development Finance Corp. beat forecasts with a 21% rise in its first quarter net profit, helped by higher operational income and a one-time gain from a sale of investments., more 

BHEL Net Profit Up 23%

State-run Bharat Heavy Electricals said its net profit for the fiscal first quarter rose a less-than-expected 23% as costs rose., more 

India June Infrastructure Output Up 6.5%

India's infrastructure output growth accelerated to 6.5% on year in June from a growth of 2.8% in May, mainly due to a pickup in the production of coal and cement., more 

India Inflation Down 1.17%

India's wholesale prices fell for the sixth week in a row but the pace of decline continued to ease, signaling that prices will rise sooner than expected as effects of the recent retail fuel price hike play out., more 

Biocon Net Profit Soars

Biocon posted a more than threefold jump in first-quarter net profit, helped by higher revenue from contract research, and backed its estimates for the current fiscal year., more 

Wipro Posts 12% Rise in Net

Wipro posted a better-than-expected 12% increase in first-quarter consolidated net profit, becoming the third major Indian software exporter to beat market estimates., more 

Mumbai Gunman Reveals New Details

The surviving gunman from the Mumbai attack, who confessed to his role Monday, said he was ready to be hanged., more 

Government Owns India's Hydrocarbon Resources -Minister

India's federal government owns all hydrocarbon resources in the country, the junior oil minister said., more 

Airline Apologizes to India Ex-President

Continental Airlines apologized to India's former president, APJ Abdul Kalam, for frisking him before he boarded a flight to New York., more 

ACC Net Profit Jumps 85%

ACC, India's largest cement maker by capacity, beat market expectations with an 85% jump in second quarter consolidated net profit, helped by lower fuel costs and strong demand., more 

Tech Mahindra Profit Declines 49%

Tech Mahindra said consolidated net profit for the fiscal first quarter nearly halved, falling to 1.32 billion rupees from 2.59 billion rupees a year earlier., more 

ITC Profit Up 17%

ITC, India's largest cigarette maker by sales, posted a 17% rise in first quarter net profit, helped by a strong performance in its cigarettes business., more 

Siemens India Profit Doubles

Engineering company Siemens India said its net profit for the fiscal third quarter almost doubled, driven by a one-time gain from sale of investments., more 

BSE Sensex Ends Up 2.6%

Positive trade in regional markets, coupled with broad-based buying after two straight sessions of losses, pushed Indian shares to their highest close in more than a month., more 

HCL Chief Says Taxes May Harm Tech

One of India's leading technology entrepreneurs warned that rising taxation in India threatens to undermine gains that the information technology industry could reap as the global recession prompts multinationals to outsource more., more 

Maruti Suzuki Net Rises 25%

Maruti Suzuki, the nation's largest auto maker by sales, posted its first rise in net profit in six quarters., more 

Should India Consider U.S. Mediation With Pakistan?

Two Indian students on the WSJIDEBATE panel give their views on whether the two neighbors need U.S mediation to broker peace. Read their views then add your own comments., more 

Mumbai Gunman's Trial to Proceed

An Indian judge decided to continue the trial of the lone surviving gunman in the Mumbai terror attacks despite his confession and request to be put to death., more 

India to Develop Public Ownership in State-Run Firms

India's policy is to develop public ownership in state-run companies while ensuring the government's stake doesn't fall below 51% in such firms, the junior finance minister said., more 

ONGC Profit Falls 27%

Oil and Natural Gas reported a fourth consecutive drop in quarterly profits as global crude oil prices slipped., more 

Bharti Airtel Net Profit Up 24%

Bharti Airtel said it rang up a 24% net profit rise in its first quarter, helped by a growth in its customer numbers, a foreign exchange gain and a tax write back., more 

Bharat Forge Net Plunges 96%

Bharat Forge said its fiscal first-quarter net profit plunged 96%, hit by sluggish exports and lower supplies to local truck and bus makers., more 

Prices of Pulses May Rise 20% in Next Three Months

Prices of pulses in India, the world's largest producer and consumer of the commodity, may surge as much as 20% in the next three months due to higher seasonal demand and low supplies, industry officials said., more 

India's Rich, Open Your Wallets

Bill Gates will collect a philanthropy award in New Delhi Saturday and corporate India should take notice, says Paul Beckett, WSJ bureau chief in New Delhi., more 

Exorcising Raju's Ghost at Satyam

The new owners of Indian technology company Mahindra Satyam are working to move the company past the scandal involving former owner B. Ramalinga Raju., more 

Sensex Ends Up 1%; Gains 4.3% in Week

Heavy buying in metals and autos, backed by positive cues from global markets, helped Indian shares close higher for a second straight session and end the week with a 4.3% gain., more 

Ranbaxy Profit Soars

Ranbaxy Laboratories said its second-quarter consolidated net profit soared to 6.93 billion rupees ($143.7 million) from 229 million rupees a year earlier, helped by foreign exchange gains., more 

Jet Airways Posts a Loss

Jet Airways swung to a first-quarter net loss of 2.25 billion rupees ($46.6 million) from a net profit of 1.43 billion rupees a year earlier., more 

Reliance Industries Profit Falls 11.5%

Reliance Industries, India's biggest company by market value, said its first-quarter net profit slipped 11.5% to 36.36 billion rupees ($754.3 million) from 41.10 billion rupees a year earlier., more 

Gates: Tech Is Key to India's Future

Technology holds the key to solving many of India's healthcare and education challenges, Microsoft co-founder and philanthropist Bill Gates said in New Delhi., more 

Monsoon Rains on India's Parade

Betting on the weather rarely makes sense, but that's just what some investors in India are doing., more 

India's New Land Rush

Some Indian farmers have become rich overnight by selling their land to developers, and the prosperity has greatly reshaped life on the outskirts of New Delhi., more 

Landmark Link

Mumbai's newest landmark, the 5-kilometer Bandra-Worli Sea Link, was open to the public Tuesday at midnight., more 

NRI Auntie, Indian Courts Are Hipper Than You

At least and at last, India recognizes gays; one step further than diaspora., more 

Letter From Himachal Pradesh

In rural Himachal, Michelle Arevalo-Carpenter finds scenes that remind her of a Gabriel Garcia Marquez novel and a struggle to balance the riches of development with the loss of, arguably, something more precious., more 

Rural States Help India Defy Slump

Growth in India's poor rural states helps explain why the country continues to grow even as the U.S. recession drags on the world economy., more 

The Pune Dream Home Put on Hold

Anjali Cordeiro searches for a real-estate bargain but finds surprising activity., more 

Air India to Revamp Board

The board of loss-making national carrier Air India will be revamped within a month by including seven independent directors, the country's civil aviation minister said., more 

Pakistan Looks at Swat and Sees India

Matthew Rosenberg, WSJ correspondent, on how many Pakistanis view the Taliban offensive., more 

BSE Sensex Ends Down 1.5%

Selling by foreign institutions and some domestic mutual funds pulled Indian shares lower for a second straight session as investors continued to book profits on the recent rally., more 

HDFC Net Profit Up 21%

Housing Development Finance Corp. beat forecasts with a 21% rise in its first quarter net profit, helped by higher operational income and a one-time gain from a sale of investments., more 

BHEL Net Profit Up 23%

State-run Bharat Heavy Electricals said its net profit for the fiscal first quarter rose a less-than-expected 23% as costs rose., more 

India June Infrastructure Output Up 6.5%

India's infrastructure output growth accelerated to 6.5% on year in June from a growth of 2.8% in May, mainly due to a pickup in the production of coal and cement., more 

India Inflation Down 1.17%

India's wholesale prices fell for the sixth week in a row but the pace of decline continued to ease, signaling that prices will rise sooner than expected as effects of the recent retail fuel price hike play out., more 

Biocon Net Profit Soars

Biocon posted a more than threefold jump in first-quarter net profit, helped by higher revenue from contract research, and backed its estimates for the current fiscal year., more 

Wipro Posts 12% Rise in Net

Wipro posted a better-than-expected 12% increase in first-quarter consolidated net profit, becoming the third major Indian software exporter to beat market estimates., more 

Mumbai Gunman Reveals New Details

The surviving gunman from the Mumbai attack, who confessed to his role Monday, said he was ready to be hanged., more 

Government Owns India's Hydrocarbon Resources -Minister

India's federal government owns all hydrocarbon resources in the country, the junior oil minister said., more 

Airline Apologizes to India Ex-President

Continental Airlines apologized to India's former president, APJ Abdul Kalam, for frisking him before he boarded a flight to New York., more 

ACC Net Profit Jumps 85%

ACC, India's largest cement maker by capacity, beat market expectations with an 85% jump in second quarter consolidated net profit, helped by lower fuel costs and strong demand., more 

Tech Mahindra Profit Declines 49%

Tech Mahindra said consolidated net profit for the fiscal first quarter nearly halved, falling to 1.32 billion rupees from 2.59 billion rupees a year earlier., more 

ITC Profit Up 17%

ITC, India's largest cigarette maker by sales, posted a 17% rise in first quarter net profit, helped by a strong performance in its cigarettes business., more 

Siemens India Profit Doubles

Engineering company Siemens India said its net profit for the fiscal third quarter almost doubled, driven by a one-time gain from sale of investments., more 

BSE Sensex Ends Up 2.6%

Positive trade in regional markets, coupled with broad-based buying after two straight sessions of losses, pushed Indian shares to their highest close in more than a month., more 

HCL Chief Says Taxes May Harm Tech

One of India's leading technology entrepreneurs warned that rising taxation in India threatens to undermine gains that the information technology industry could reap as the global recession prompts multinationals to outsource more., more 

Maruti Suzuki Net Rises 25%

Maruti Suzuki, the nation's largest auto maker by sales, posted its first rise in net profit in six quarters., more 

Should India Consider U.S. Mediation With Pakistan?

Two Indian students on the WSJIDEBATE panel give their views on whether the two neighbors need U.S mediation to broker peace. Read their views then add your own comments., more 

Mumbai Gunman's Trial to Proceed

An Indian judge decided to continue the trial of the lone surviving gunman in the Mumbai terror attacks despite his confession and request to be put to death., more 

India to Develop Public Ownership in State-Run Firms

India's policy is to develop public ownership in state-run companies while ensuring the government's stake doesn't fall below 51% in such firms, the junior finance minister said., more 

ONGC Profit Falls 27%

Oil and Natural Gas reported a fourth consecutive drop in quarterly profits as global crude oil prices slipped., more 

Bharti Airtel Net Profit Up 24%

Bharti Airtel said it rang up a 24% net profit rise in its first quarter, helped by a growth in its customer numbers, a foreign exchange gain and a tax write back., more 

Bharat Forge Net Plunges 96%

Bharat Forge said its fiscal first-quarter net profit plunged 96%, hit by sluggish exports and lower supplies to local truck and bus makers., more 

Prices of Pulses May Rise 20% in Next Three Months

Prices of pulses in India, the world's largest producer and consumer of the commodity, may surge as much as 20% in the next three months due to higher seasonal demand and low supplies, industry officials said., more 

India's Rich, Open Your Wallets

Bill Gates will collect a philanthropy award in New Delhi Saturday and corporate India should take notice, says Paul Beckett, WSJ bureau chief in New Delhi., more 

Exorcising Raju's Ghost at Satyam

The new owners of Indian technology company Mahindra Satyam are working to move the company past the scandal involving former owner B. Ramalinga Raju., more 

Sensex Ends Up 1%; Gains 4.3% in Week

Heavy buying in metals and autos, backed by positive cues from global markets, helped Indian shares close higher for a second straight session and end the week with a 4.3% gain., more 

Ranbaxy Profit Soars

Ranbaxy Laboratories said its second-quarter consolidated net profit soared to 6.93 billion rupees ($143.7 million) from 229 million rupees a year earlier, helped by foreign exchange gains., more