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Tuesday, April 19, 2011 As of 11:15 PM EDT
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LATEST HEADLINES

OECD: Few Countries Punish Bribes
Figures released by the Organization for Economic Cooperation and Development showed that only five of the 38 nations that have committed to stamp out bribery of foreign officials imposed penalties during 2010.
France, Italy to Send Officers to Libya
France and Italy are joining Britain in sending military officers to Libya to help rebel forces organize and to bolster the NATO air campaign that has failed to rout Gadhafi's military.
- Libyan Prince: I'm Ready to Be King

Gold Above $1,500

Five India Telecom Executives Sent to Custody
A special court, citing "incriminating evidence," has denied bail to five senior telecom industry executives who were sent to judicial custody as India's top federal investigative agency continued with its efforts to unravel one of the biggest corruption scandals in the country's history.
- Telenor Asks India Venture Chairman to Step Down

What’s News —

Business & Finance

India Shares Rise on Monsoon Forecast
Indian shares rose for the second straight session, tracking sharp gains in global markets and boosted by the meteorological department's forecast of a normal monsoon for 2011.
Ashok Leyland Lifts Sales Target
Ashok Leyland raised its sales growth target for this financial year on expectations of higher demand for trucks and buses in India and increased vehicle production capacity.
Muthoot's IPO Fully Subscribed
Muthoot Finance initial public offering to raise up to $202 million has been fully subscribed on the third day of the share sale, according to stock-exchange data.
Yes Bank Net Profit Up 45%
India's Yes Bank net profit for the January-March period jumped 45% from a year earlier, beating market expectations, as the private sector lender gained from strong corporate loan demand.
Facebook Seeking Friends in Beltway
Facebook is trying to find its way in Washington, where it has only a fledgling lobbying operation, even though it finds its privacy policies under scrutiny and is trying to navigate expansion into China.
China Mobile Posts $4.12 Billion Profit
AIG Unloads Asbestos Liabilities; Buffett Gets 'Float'
Asia Central Banks Intervene As Currencies Climb
HCL Technologies Profit Rises 34%
'India Should Allow Wheat, Rice Exports'

Photos

Opposing Business in India
Major foreign investment projects in India have been under immense opposition from local villagers, leading many to be stalled for years. Tuesday's protest in Jaitapur was the latest in a string of such incidents. Some snapshots.
IPL: Hyderabad Beats Delhi
Deccan Chargers beat Delhi Daredevils by 16 runs in an Indian Premier League match held at New Delhi's Feroz Shah Kotla Stadium,Tuesday.
India in Pictures
A violent protest in Jaitapur, rain in Jammu & Kashmir, pictures from the Indian Premier League and more.
Asia in Pictures
A fire in Manila, a mobile phone designed for the visually impaired in New Delhi, the 14th Auto Shanghai Motor Show, and more.

Deals India

SBI Plans $300 Million Fund Raising
State Bank of India plans to raise at least $300 million through a syndicated loan. The state-run lender has hired 10 investment banks to manage the deal.
Vodafone India May Consider IPO
Eaton Emerges as Highest Bidder for L&T; Unit

India Real Time

A Peek Inside the 2G Court Room
You might expect the 2G trial to be carried out in a venue befitting the grand scale of the scandal. Instead, it is unfolding in a basic room roughly 25 feet long and about 20 feet wide with badly whitewashed walls and a false ceiling.

Japan Earthquake

Japan Considers Banning Entry Into Evacuation Zone
Japan's government is considering prohibiting people from entering an evacuation area within a 20-kilometer radius of the Fukushima Daiichi nuclear power plant.
- Full Coverage: WSJ.com/JapanQuake

Editors' Picks

Video

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World

India Protest Turns Violent
Food & Drink
A Taste of Royal Wedding Champagne
Tech
News Hub:Facebook Willing to Play By China's Rules
Lifestyle
Crossbreeding a Puppy Just for You

Autos

Luxury, Electric Cars Grab Auto Show's Spotlight
Auto makers are using a major Shanghai trade fair to tout their environmentally clean vehicles of the future, as well as the luxury vehicles they say will power sales in China more immediately.
- Photos: Shanghai Auto Show
- EVs Address Price, Tech Concerns

Economics Journal

Economics Journal: Imagining Mamata Banerjee's West Bengal
The Trinamool Congress leader may come to power on the back of a promise to revitalize the state's economy. But that's a tall order that would require choices unpopular with the electorate, says Rupa Subramanya Dehejia.

Maximum Money

Best Bets for an Oil Play
Further gains in oil prices could hurt India's economic growth, but individual investors can try hedging a part of the risk to their portfolios, says Shefali Anand, India personal finance writer.

World

Director of 'Restrepo' Killed in Libya
Tim Hetherington, the Oscar-nominated co-director of the 2010 film "Restrepo" was killed Wednesday in Libya amid a battle between rebel and government forces.
Syrian Demonstrations Gain Pace
Kurds Clash With Turkish Police

Business

Wesfarmers: Staying Focused Amid Difficulty
As managing director of coal mines-to-supermarkets conglomerate Wesfarmers, Richard Goyder is as keenly focused on the strength of commodity prices as he is on the effect of rising energy costs on consumer spending habits.
After Family Battle, New Leader for Ho's Empire
Angela Leong, in Her Own Words

Asia

Subscriber Content Read Preview

China Speeds Yuan Push
China is accelerating efforts to push its currency deeper into world markets, racing ahead with moves toward a new financial ecosystem with the yuan at its center.
Singapore Plans Election for May
China Plans Tax Cut for Low Earners

Europe

Italian Gains Support in Central Bank Race
German finance officials are warming to the candidacy of Mario Draghi for ECB president, potentially removing a hurdle to his ascendancy to one of the world's most important central-banking jobs.
Demand for Spanish Bonds Reassures
European Commission Eyes Budget Hike

Markets

Technology, Resources Stocks Buoy Asia
Most Asian markets posted gains, on strong U.S. technology earnings reports and higher commodity prices. The Nikkei rose 1.8%.
Dow Near 3-Year High
Subscriber Content Read Preview

AmEx Profit Jumps as Customer Spending Rises 17%

Tech

Subscriber Content Read Preview

Cheap E-Books Crowd Best Sellers
The largest book publishers are facing increasing pricing pressure on the digital front as the number of cheap, self-published digital titles gain popularity. Amazon's top 50 best-seller list features 19 books under $5, including seven works from part-time thriller writer John Locke--all priced at 99 cents.
Subscriber Content Read Preview

Wireless Growth Lifts AT&T; Profit
Subscriber Content Read Preview

Amazon to Add Library Lending to Kindle

Opinion

Diana Choyleva: Beijing Chases the Inflation Dragon
But is it prepared for the structurally lower growth it gets as a result of belated tightening?
Joseph Sternberg: Yankee, Leave Home
Sadanand Dhume: It's Time to Re-Align India

Life & Style

Indian Fashion Goes Clean Cut
For her first-ever runway show, Indian fashion designer Mrinalini Gupta was inspired by graphic novels and cubic sculptures.
Will It Be the IPL Without Razzmatazz?
For Sale: Hong Kong's Biggest Yacht

Market Data Center

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MARKET NEWS

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India Real Time

Analysis and insights from The Wall Street Journal and Dow Jones Newswires on the daily news in the world's largest democracy.

Deals India

The Indian Memory Project
People across India and beyond have been dusting pictures of their parents and grandparents and sending them to a Mumbai-based photographer.
Singapore Plans Election for May
Singapore dissolved parliament Tuesday and set May 7 as the date for a general election in which the ruling party is expected to face its toughest political challenge in decades.
Mortenson Scandal Draws Montana AG's Attention
Greg Mortenson, author of Three Cups of Tea is facing accusations that he made up large portions of the best-selling book.
Spill's Toll on Oil Output Grows Clearer
One year after the BP oil spill, Gulf of Mexico energy output is beginning to show the impact of the Obama administration's 10-month freeze on deep-water drilling.
- Potential Oil-Spill Plaintiffs Race to Hit Deadline
- Drilling Regulator Struggles to Add Inspectors
Sharad Pawar Asks ICC to Rethink 2015 World Cup Format
Sharad Pawar, president of the International Cricket Council, has asked the ICC executive board to revisit its decision to cut the number of teams in the 2015 World Cup.
Much Ado About DDA Results
The list of winners of the Delhi Development Authority housing 'lottery' that thousands have been awaiting eagerly for months is finally here.
India Needs Global Leaders
Indian companies with global ambitions need to develop leadership and people management systems which are less Indian and more global-oriented.

Check Out India Real Time – in Hindi
Read the India Real Time blog's take on India's daily mix of politics, culture and other happenings in Hindi.

Photos

Nuclear Plant Faces Opposition
A protest against a government plan to build a nuclear power plant in India's state of Maharashtra turned violent on Tuesday. Some snapshots.

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Crossbreeding a Puppy Just for You

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