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 

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 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 

Suu Kyi Trial Hears Closing Arguments

Speculation over the fate of pro-democracy dissident Aung San Suu Kyi heated up as her lawyers were scheduled to launch final arguments in her trial in Myanmar., more 

Police Say 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 

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 

Nufarm Approached by Sinochem

Australian farm chemical company Nufarm Ltd. has been approached about a potential takeover by Chinese state-owned conglomerate Sinochem Corp., in a deal that could be worth around $1.64 billion., more 

Bomb Malfunctioned in Indonesia

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 

Nufarm Approached by Sinochem

Australian farm chemical company Nufarm Ltd. has been approached about a potential takeover by Chinese state-owned conglomerate Sinochem Corp., in a deal that could be worth around $1.64 billion., more 

China's Baidu Posts Profit Rise

Baidu's second-quarter earnings rose 45% as the Chinese Internet company continued to post strong revenue growth and add advertisers., more 

China Fund To Expand Africa Ties

The China-Africa Development Fund plans to raise $2 billion by November to help expand business links between Africa and China., more 

ANZ Picks Morschel for Chairman

Australia & New Zealand Banking Group said John Morschel will take over as chairman, after previously anointed chairman Rod Eddington withdrew his acceptance of the role., more 

Nikkei Rises After U.S. Rally

Asian markets advanced, with refiners and metal producers lifting Chinese shares to a fresh 13-month high, while Japanese stocks climbed 1.6% as a weakened yen boosted exporters., more 

Bomb Malfunctioned in Indonesia

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 

Suu Kyi Trial Hears Closing Arguments

Speculation over the fate of pro-democracy dissident Aung San Suu Kyi heated up as her lawyers were scheduled to launch final arguments in her trial in Myanmar., more 

Samsung, Hynix Results Signal Chip Sector Rebound

Samsung Electronics and Hynix Semiconductor, South Korea's biggest memory chips makers, reported improved earnings as the chip industry recovers from a prolonged slump., more 

Nufarm Approached by Sinochem

Australian farm chemical company Nufarm Ltd. has been approached about a potential takeover by Chinese state-owned conglomerate Sinochem Corp., in a deal that could be worth around $1.64 billion., 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 

India's Outsourcers: Using the Slump to Get Bigger

In a bid to become global, Bangalore's info tech companies are preparing for the next upturn by rethinking strategy and hiring more workers, more 

Europe's Jobless Youth

With one in five Gen Yers unable to find work, a new "Lost Generation" may be in the making, more 

The Leaner Baby Boomer Economy

The downturn is putting a crimp on baby boomers' free-spending ways, and the likes of Mercedes and Starwood Hotels are scrambling to keep up, more 

Microsoft: A Reality Check for Tech

Microsoft and Amazon report disappointing earnings after a string of optimistic signals from tech's bellwethers, more 

Democratic Party Win Could Revitalize Japan

Populist policies could be just the thing to stimulate the economy, if the Democratic Party of Japan wins the August election, more 

Hyundai Posts Record Earnings Amid Recession

Thanks to big sales gains in China and India, and a weak Korean won, Hyundai managed to post a record quarterly profit, more 

Samsung Earnings Soar Thanks to TVs

The TV business of Korean electronics giant Samsung helps it post a fivefold increase in earnings, quarter-over-quarter, more 

Nomura's Global Ambition Starts to Pay Off

Japan's biggest securities house is making progress after buying Lehman Brothers' European and Asian businesses last fall, more 

Philippines Seeks Talks With Rebels

The Philippine government ordered its military to stop offensives against Muslim separatist rebels in a bid to restart peace talks, a move welcomed by the guerrillas., more 

Capital Inflows Boost Baht

The Thai baht approached a 10-month high against the dollar despite suspected attempts by the central bank to slow appreciation., more 

China's Baidu Posts Profit Rise

Baidu's second-quarter earnings rose 45% as the Chinese Internet company continued to post strong revenue growth and add advertisers., more 

BBMG Raises $763 Million in IPO

Chinese building materials producer BBMG raised $763 million in a Hong Kong initial public offering, after attracting $85 billion worth of subscriptions., 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 

Samsung, Hynix Results Signal Chip Sector Rebound

Samsung Electronics and Hynix Semiconductor, South Korea's biggest memory chips makers, reported improved earnings as the chip industry recovers from a prolonged slump., more 

Australia Seeks End to Rio Case

Australian Foreign Minister Stephen Smith urged his Chinese counterpart to deal quickly with the case of detained Rio Tinto employee Stern Hu., more 

Arabs Limit Hajj Over Flu Worries

Arab health ministers decided to ban children, the elderly and those with chronic medical conditions from attending the annual Muslim pilgrimage to Saudi Arabia this year in effort to slow the spread of H1N1 flu., more 

International Bank Lending Slips

The Bank for International Settlements says that banks' sharp withdrawal from international finance is unprecedented and poses serious risks to global trade and finance., more 

Jakarta Bomb Suspect Eludes Dragnet

Indonesian police detained several people in connection with last week's Jakarta hotel bombings as they intensified their search for a Malaysian fugitive believed to be the mastermind behind the attacks., more 

Hyundai's Earnings Increase 48%

Hyundai Motor earnings jumped 48% on shareholding gains from Chinese and Indian affiliates and Korean tax incentives., more 

Deal Gives Sinotruk a Global Push

Sinotruk's agreement to sell just over a 25% stake in itself to Germany's MAN is a step toward boosting the Chinese truck maker's presence in Europe and other developed markets., more 

Qualcomm Fined in South Korea

South Korea's antitrust watchdog imposed its largest-ever fine on Qualcomm for "unfair" business practices associated with its chipset sales., more 

China Fund To Expand Africa Ties

The China-Africa Development Fund plans to raise $2 billion by November to help expand business links between Africa and China., more 

ONGC Profit Falls 27%

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

Toyota Sets Talks to Exit GM Venture

Toyota will begin discussions on pulling out from its 50:50 joint auto-production venture with GM., 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 

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 

ANZ Picks Morschel for Chairman

Australia & New Zealand Banking Group said John Morschel will take over as chairman, after previously anointed chairman Rod Eddington withdrew his acceptance of the role., more 

Suu Kyi Trial Reaches Final Stage

Speculation over the fate of pro-democracy dissident Aung San Suu Kyi heated up as her lawyers were scheduled to launch final arguments in her trial in Myanmar, more 

South Korea Economy Snaps Out of Stupor

South Korea's economy roared back to life in the second quarter, its best quarterly performance in more than five years, raising hopes the recovery is sustainable., more 

Nikkei Rises After U.S. Rally

Asian markets advanced, with refiners and metal producers lifting Chinese shares to a fresh 13-month high, while Japanese stocks climbed 1.6% as a weakened yen boosted exporters., more 

Gates: Tech Is Key to India's Future

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

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 

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 

No Rain No Gain For Rural India

Betting on the weather rarely makes sense, but that's just what some investors in India are doing., 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 Corp. founder and philanthropist Bill Gates said in New Delhi., 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 

Philippines Seeks Talks With Rebels

The Philippine government ordered its military to stop offensives against Muslim separatist rebels in a bid to restart peace talks, a move welcomed by the guerrillas., more 

Deal Gives Sinotruk a Global Push

Sinotruk's agreement to sell just over a 25% stake in itself to Germany's MAN is a step toward boosting the Chinese truck maker's presence in Europe and other developed markets., 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 

Toyota Sets Talks to Exit GM Venture

Toyota will begin discussions on pulling out from its 50:50 joint auto-production venture with GM., more 

Arabs Limit Hajj Over Flu Worries

Arab health ministers decided to ban children, the elderly and those with chronic medical conditions from attending the annual Muslim pilgrimage to Saudi Arabia this year in effort to slow the spread of H1N1 flu., more 

Australia Seeks End to Rio Case

Australian Foreign Minister Stephen Smith urged his Chinese counterpart to deal quickly with the case of detained Rio Tinto employee Stern Hu., more 

Capital Inflows Boost Baht

The Thai baht approached a 10-month high against the dollar despite suspected attempts by the central bank to slow appreciation., more 

China's Baidu Posts Profit Rise

Baidu's second-quarter earnings rose 45% as the Chinese Internet company continued to post strong revenue growth and add advertisers., more 

Jakarta Bomb Suspect Eludes Dragnet

Indonesian police detained several people in connection with last week's Jakarta hotel bombings as they intensified their search for a Malaysian fugitive believed to be the mastermind behind the attacks., 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 

International Bank Lending Slips

The Bank for International Settlements says that banks' sharp withdrawal from international finance is unprecedented and poses serious risks to global trade and finance., more 

Qualcomm Fined in South Korea

South Korea's antitrust watchdog imposed its largest-ever fine on Qualcomm for "unfair" business practices associated with its chipset sales., more 

Hyundai's Earnings Increase 48%

Hyundai Motor earnings jumped 48% on shareholding gains from Chinese and Indian affiliates and Korean tax incentives., more 

China Fund To Expand Africa Ties

The China-Africa Development Fund plans to raise $2 billion by November to help expand business links between Africa and China., more 

BBMG Raises $763 Million in IPO

Chinese building materials producer BBMG raised $763 million in a Hong Kong initial public offering, after attracting $85 billion worth of subscriptions., 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 

Samsung, Hynix Results Signal Chip Sector Rebound

Samsung Electronics and Hynix Semiconductor, South Korea's biggest memory chips makers, reported improved earnings as the chip industry recovers from a prolonged slump., more 

ANZ Picks Morschel for Chairman

Australia & New Zealand Banking Group said John Morschel will take over as its chairman, after previously anointed chairman Rod Eddington withdrew his acceptance of the role., more 

Nikkei Edges Up After U.S. Rally

Asian shares gained Friday after Wall Street's rise, with the Nikkei up 0.8%. Hynix Semiconductor and Samsung Electronics were little changed after second-quarter results., more 

South Korea Economy Snaps Out of Stupor

South Korea's economy roared back to life in the second quarter, its best quarterly performance in more than five years, raising hopes the recovery is sustainable., more 

HDFC Cuts New Home Loan Rates

Mortgage lender Housing Development Finance Corp. has cut floating rates on some new home loans by quarter percentage point to half percentage point., 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 

Etisalat DB, Reliance Sign Infrastructure Sharing Pact

India's Etisalat DB and Reliance Communications have signed an agreement to share telecom infrastructure in the country., 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 

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 

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 

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 

Health Insurers Fight a Public Plan, but Rarely Each Other

Studies show health insurance is one of the least competitive markets in the U.S., which may be why premiums are rising, more 

Yahoo: Too Early to Call a Turnaround

Signs of an Internet advertising comeback are absent as ad revenues and operating profits fall, more 

Apple's iPhone Fuels Robust 3Q Sales

Strong iPhone and Mac sales fuel a 15% jump in fiscal third-quarter profits, but iPod sales decline for the first time, more 

Goodyear's Shock Exit from Temasek

American CEO leaves Singaporean government investment company even before taking charge, more 

China's Free-Trade Credentials Under the Spotlight

Fear of worldwide protectionism grows, but China's anti-monopoly law might lead to more transparent commercial practices, more 

Employee Kills Himself Over Missing iPhone Prototype

A worker at a Chinese supplier committed suicide after being accused over a missing handset, more 

Japanese Companies Address Baby Shortage

With the recession likely to reduce Japan's anemic birthrate, the government and companies such as Panasonic and Hitachi are taking action, more 

Shanghai World Expo Says "No" to Tobacco Sponsor

Organizers have canceled a sponsorship deal for the China pavilion by Chinese cigarette maker Shanghai Tobacco in response to outcry by China’s growing anti-smoking lobby, more 

China Denies U.S. Trade Espionage

China denied links to a Chinese-born engineer convicted in the U.S. of stealing trade secrets during his 30-year career at Boeing and Rockwell International., more 

China Denies U.S. Trade Espionage

China denied links to a Chinese-born engineer convicted in the U.S. of stealing trade secrets during his 30-year career at Boeing and Rockwell International., more 

China Denies U.S. Trade Espionage

China denied links to a Chinese-born engineer convicted in the U.S. of stealing trade secrets during his 30-year career at Boeing and Rockwell International., more 

Bharti, MTN on Track to Sign Deal

Bharti Airtel and South Africa's MTN are on track to meet a July 31 deadline to sign a merger deal., more 

Bharti, MTN on Track to Sign Deal

Bharti Airtel and South Africa's MTN are on track to meet a July 31 deadline to sign a merger deal., more 

Carlyle, Fubon Team Up For Bid on AIG Unit

Private-equity firm Carlyle Group is teaming up with Fubon Financial to bid for the Taiwanese life-insurance unit of American International Group, sources said., more 

Feud Continues at Korean Auto Plant

Helicopters sprayed tear gas on auto workers using slingshots to shoot nuts and bolts at riot police amid a tense labor dispute at the main factory of a South Korean auto maker., more 

NAB to Raise $2.2 Billion

National Australia Bank plans to raise up to $2.24 billion in fresh capital to help shore up its balance sheet as sour loans continue to climb., more 

Nikkei's Rally Pauses; BHP Gains

Asian stock markets were mixed on Wednesday, as investors took a breather after solid rallies recently and banks fell in Australia. The Nikkei slipped 0.3%., more 

Goodyear Won't Be Temasek CEO

Temasek CEO-designate Charles "Chip" Goodyear won't be taking the job at the Singapore state-owned investment firm after all., more 

Wynn Plans IPO of Macau Assets

Plans by Wynn and Sands to take their Macau assets public reflect renewed optimism in the gambling enclave's prospects., more 

Beijing's Ethnic Policy Faces Challenge

China defended its policies on minorities in the wake of ethnic violence, even as new figures showed rising economic inequality., more 

Dispute Raises China's Iron Costs

China's decision to hold out for lower iron-ore prices in negotiations with mining companies is forcing its steel mills to pay far more than competitors world-wide., more 

Fund Gets $659 Million for Frontier Markets

A new Chinese government-backed investment firm is raising two $658.8 million funds for investments focused on Chinese frontier markets., more 

Pakistan's Ties to Lashkar Are Unclear

Pakistan's determination and ability to dismantle Lashkar, the group that plotted the Mumbai assault, remains an open question., more 

Chery Resumes IPO Plans

Chery Automobile, China's largest independent auto maker by unit sales, has resumed plans for an initial public offering citing improved stock markets., more 

China Firm Linked to Hu's Son is Probed

Africa and Europe opened separate probes into allegations of wrongdoing involving Nuctech, a firm connected to the son of Chinese President Hu Jintao., more 

Taliban Hit Two Afghan Cities

Insurgents stormed Afghan government buildings, leaving at least 15 dead. The Taliban took responsibility., more 

Jakarta Index Rises Despite Bombings

Indonesian police continued efforts to identify the Jakarta suicide bombers and raised the death toll. Indonesian markets, which reopened after a long weekend, shrugged off the attacks., more 

Bharti, MTN on Track to Sign Deal

Bharti Airtel and South Africa's MTN are on track to meet a July 31 deadline to sign a merger deal., more 

Merrill's Asian Business Drawing Interest

Several firms have expressed an interest in buying the management of Bank of America Merrill Lynch's Asian real-estate investment business.

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Reliance Capital Plans to Enter Investment Banking Business

Reliance Capital plans to enter the investment banking business over the next 12 months.

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India Monitoring Economy to Restore Growth Dynamics

The government is evaluating India's economic situation to help it make policy measures aimed at restoring the economy's growth dynamics.

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Suzlon Raises $201.9 Million Via Bonds, GDR Issue

Suzlon Energy has raised a total of $201.9 million via bonds and a global depository receipt offering, a company executive said.

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India Reviewing FDI Norms in FM Radio, Direct-to-Home TV

India's federal government is reviewing foreign direct investment norms in the FM radio broadcasting and direct-to-home sectors after a recommendation from the sector regulator.

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India Panel: Don't Need More Stimulus Measures

India doesn't need more measures for stimulating the economy, the deputy chairman of the country's Planning Commission said.

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Uproar in Parliament After Kalam Frisked

The Indian government threatened to take action against Continental Airlines after it emerged that former President A.P.J. Abdul Kalam was frisked before boarding a flight to the United States.

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Dr. Reddy's Profit More Than Doubles

Drug maker Dr. Reddy's Laboratories said its fiscal first-quarter net profit more than doubled from a year earlier, helped by sales of the generic migraine drug Imitrex.

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Tata Steel, Suzlon Raise Over $600 Million Via GDR Sale

Tata Steel and Suzlon Energy raised more than $600 million by selling global depositary receipts as the simmering down financial crisis has made global equity markets attractive for Indian companies.

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India Looking to Sell BSNL, TCIL Stakes

The Indian government is looking to sell stakes in state-run Bharat Sanchar Nigam and Telecommunications Consultants India.

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Government Mulling Equity Infusion for Air India

India's federal government is considering offering financial assistance to loss-making Air India via an equity infusion only.

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Punjab Gets Heavy Rains; May Limit Crop Damage

India's northern state of Punjab received heavy showers, ending this season's dry spell and likely limiting the damage caused by low rains to the summer-sown rice crop.

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Pressure on Interest Rates Likely from October

Interest rates in India's banking system are likely to rise from October, as demand for loans picks up in line with the Hindu festival season, a senior official said.

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China Quarantines British Students

Chinese health authorities quarantined 107 British students and teachers at a Beijing hotel after some of their schoolmates were diagnosed with swine flu.

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GM Has Three Final Bids for Opel Stake

General Motors said it received final offers for its Opel and Vauxhall operations in Europe from three bidders, without naming them.

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Police Probe Islamist in Hotel Bombing

Indonesian police are investigating a graduate of a well-known Islamic school in the Jakarta hotel bombings.

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Grim Siege at South Korean Auto Plant

Riot police entered South Korea's Ssangyong Motor, where hundreds of fired workers have been occupying part of the facility for two months.

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