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  • Time 100

    Obama praises India's Modi in magazine

    NEW DELHI -- U.S. President Barack Obama lavished praise on Indian Prime Minister Narendra Modi in a short article for Time's list of 2015's 100 most influential people. The two leaders appear to be on friendly terms. When Obama visited India in

    April 18, 2015 11:43 pm JST
  • Reliance Industries

    Profit up 8.5% in fourth quarter

    MUMBAI -- Reliance Industries' consolidated net profit rose 8.5% from a year earlier during the quarter ended March. It logged net income of 63.81 billion rupees ($1 billion). "In a time when the collapse of crude oil prices unsettled the hydroc

    April 18, 2015 10:00 am JST
  • India's consumer market

    Reliance steps up retail, telecom ops as oil flags

    MUMBAI -- Reliance Industries, India's largest private-sector company by revenue, is ramping up consumer-oriented operations as its mainstay petrochemical business slumps, aiming to capitalize on India's explosion in consumption.Rapid retail growthS

    April 18, 2015 04:55 am JST
  • Not empty-handed

    Modi clinches nuclear, fighter jet deals

    NEW DELHI -- Indian Prime Minister Narendra Modi returns home from nine days in Europe and Canada with assurances of nuclear fuel and warplanes for his country, but he made no visible progress in attracting direct investment in manufacturing. Ne

    April 18, 2015 03:58 am JST
  • India terrorism

    Central bank governor threatened by email

    NEW DELHI -- Mumbai police are investigating a threatening email sent last month to Reserve Bank of India Gov. Raghuram Rajan purporting to be from terrorists of the Islamic State group (ISIS). "It seems to be a prank email, [but] we are looking

    April 18, 2015 12:15 am JST
  • Afghanistan

    First Lady wants superior 1975 values restored

    NEW DELHI -- Named on Thursday as one of Time magazine's 100 most influential people, Afghanistan's First Lady Rula Ghani says she favors a return to 40 years ago when as a student she first met her husband, Ashraf Ghani, and traditional Afghan valu

    April 17, 2015 11:40 pm JST
  • India's defence industry

    Billionaires end dominance of state-owned companies

    NEW DELHI -- The recent foray by tycoon Anil Ambani into India's defense industry underscores the private sector's swift expansion in this hitherto strictly government-only sector. On March 5, Reliance Infrastructure paid $132 million for an ini

    April 17, 2015 07:00 pm JST
  • Marketing in Asia

    Google, Samsung among brand leaders in new poll

    TOKYO -- South Korea's Samsung Electronics has one of the strongest brand images in Asia, shows the Brand Asia 2015 survey published by Nikkei BP Consulting. The smartphone manufacturer came out on top in three of the poll's 11 markets, up by tw

    April 17, 2015 03:36 am JST
  • Nuclear energy

    India secures Canadian uranium in $284 million deal

    NEW DELHI -- Canada has agreed to supply 3,200 tons of uranium to India over five years under a $284 million deal, a major boost to New Delhi's goal of tripling the country's nuclear power capacity to over 17,000 megawatts by 2024. The deal was

    April 16, 2015 09:00 pm JST
  • Flipkart-Airtel

    Net neutrality concerns scupper mobile app deal

    NEW DELHI --Flipkart, India's largest online retailer, has shelved controversial plans to offer free access to its mobile app under a deal with Bharti Airtel. The decision comes at a time when Internet neutrality is being hotly debated in India;

    April 16, 2015 01:10 am JST
  • Video

    Godrej to grow tenfold in 10 years, eyeing rural market

    brightcove.createExperiences(); MUMBAI -- The Godrej Group does business in a wide range of sectors, from consumer electronics to property. In a recent interview, Chairman Adi Godrej spoke about the conglomera

    April 16, 2015 12:00 am JST
  • Video

    'Fearless' Motherson goes anywhere customers ask

    brightcove.createExperiences(); TOKYO -- Vivek Chaand Sehgal, chairman of India's leading autoparts supplier Motherson Sumi Systems, talks about his growth strategies.Q: You operate in 25 countries. What has m

    April 16, 2015 12:00 am JST
  • India 40

    Rural forays and international acquisitions keep the profits flowing

    MUMBAI -- A look at the profit rankings of Indian companies over the past five years shows that the most successful ones tend to be either those that have conducted overseas takeovers to expand abroad or those that have boosted their domestic custom

    April 16, 2015 12:00 am JST
  • India 40

    Big boys dominate Indian industry

    MUMBAI -- In April, Indian Prime Minister Narendra Modi visited France, Germany and Canada together with around 800 business leaders and held meetings with CEOs in each country to promote his "Make in India" campaign. The government has pledged to s

    April 16, 2015 12:00 am JST
  • Big boys dominate Indian industry

    MUMBAI -- In April, Indian Prime Minister Narendra Modi visited France, Germany and Canada together with around 800 business leaders and held meetings with CEOs in each country to promote his "Make in India" campaign. The government has pledged to s

    April 16, 2015 12:00 am JST
  • 'Fearless' Motherson goes anywhere customers ask

    Vivek Chaand Sehgal, chairman of Motherson Sumi SystemsQ: You operate in 25 countries. What has motivated you to expand so broadly?A: We like to call ourselves a solution provider. We are focused on what the customer wants. For instance, when Ford [

    April 16, 2015 12:00 am JST
  • India still has ways to go to truly outstrip China, ADB says

    HONG KONG -- Perhaps what stands out most in the Asian Development Bank's latest annual economic forecast is its prediction that India's economy will grow faster than China's in 2015. Supporting the outlook are China's slowdown and soaring expectati

    April 16, 2015 12:00 am JST
  • Satyam founder jailed for 'India's Enron'

    MUMBAI -- An Indian court has sentenced B. Ramalinga Raju, the founder of the now-defunct Satyam Computer Services, to seven years in prison for his role in one of the country's biggest fraud scandals. The prevailing reaction from the corporate sect

    April 16, 2015 12:00 am JST
  • Mobile provider Telenor finds growth by serving Asia's poor

    BANGKOK/NEW DELHI -- State-run Norwegian wireless carrier Telenor has become a major player in Asia, building a base of 168 million subscribers by targeting low-income earners with cut-rate plans.Opportunities for womenDamka is a quiet farming villa

    April 16, 2015 12:00 am JST
  • Asian central banks hold off on easing -- for now

    BANGKOK -- Despite wide expectations for another round of key interest rate cuts, the central banks of India, Australia, South Korea and Indonesia decided earlier this month to maintain the status quo. Each bank had its own convincing reasons for do

    April 16, 2015 12:00 am JST