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