Samsung Galaxy S III smartphone devices are displayed at Japanese mobile carrier NTT Docomo's shop in Tokyo August 31, 2012. REUTERS/Kim Kyung-Hoon/Files

NTT DoCoMo to unload its stake in Tata Tele: sources

Japan's NTT DoCoMo Inc will unload its 26.5 percent stake in loss-making Indian mobile phone joint venture Tata Teleservices Ltd and exit the country as it struggles with tough price competition, sources familiar with the matter said on Friday.  Full Article 

Ambuja net profit up 6.6 percent, expects recovery after elections 10:14am IST

NEW DELHI - Cement maker Ambuja Cements Ltd reported a forecast-beating 6.6 percent rise in quarterly profit on higher sales, and expects a revival in the economy after ongoing elections ending on May 16.

Prime Minister Manmohan Singh (L) speaks with Gujarat's chief minister and Hindu nationalist Narendra Modi, the prime ministerial candidate for India's main opposition Bharatiya Janata Party (BJP) during the inauguration ceremony of Sardar Vallabhbhai Patel national museum in Ahmedabad October 29, 2013. REUTERS/Amit Dave/Files

Opinion: Singh wasn’t king, Modi could be

Not only will Narendra Modi not have a dynasty to appease, but the obstructive, old guard in his own BJP may have to consider retirement if the size of Modi’s election victory matches the hype of his campaign, writes Andy Mukherjee.  Full Article | Full Coverage: Election 2014 

The interior of a Microsoft retail store is seen in San Diego January 18, 2012. REUTERS/Mike Blake/Files
Earnings Season

Microsoft beats Wall Street on new CEO debut

Microsoft new CEO got off to a winning start with Wall Street as the world's largest software company eased past analysts' profit estimates despite the pressure of falling computer sales.   Full Article 

U.S. President Barack Obama (2nd L) and Japan's Emperor Akihito (2nd R) offer toasts to each other during the Japan State Dinner at the Imperial Palace in Tokyo, April 24, 2014, in this handout photo released by the Imperial Household Agency of Japan. REUTERS/Imperial Household Agency of Japan/Handout via Reuters
Asia

Obama wraps up Japan visit; no trade deal

Obama neared the end of a state visit to Japan during which he assured America's close ally that Washington would come to its defence but failed to clinch a trade deal vital to his promised "pivot" to Asia. Failure to reach a trade deal has delayed a joint statement on security and economic ties.  Full Article 

Palestinians hold national flags as they celebrate after an announcement of a reconciliation agreement in Gaza City April 23, 2014. REUTERS/Ibraheem Abu Mustafa

Israel suspends talks after Palestinian unity bid

Israel on Thursday suspended U.S.-sponsored peace talks with the Palestinians in response to President Mahmoud Abbas's unexpected unity pact with the rival Islamist Hamas group.  Full Article 

Singer Miley Cyrus performs during New Year's Eve celebrations at Times Square in New York, December 31, 2013. REUTERS/Carlo Allegri/Files
100 Most Influential

Janet Yellen, Miley Cyrus on Time influential list

Janet Yellen, the first woman to lead the U.S. Federal Reserve, pop star Miley Cyrus and Fox News anchor Megyn Kelly were among the 41 women in the Time 100, the most women ever included in the magazine's list of the world's most influential people. The list also includes the second appearance of singer Beyoncé and the seventh for possible 2016 White House contender Hillary Clinton.  Full Article 

Latest Headlines

News, Views and Expert Opinion with Ankush Arora
    Debra Sherman

    Remembering Debra

    Our much beloved colleague Debra Sherman has died after battling lung cancer for more than a year. She covered healthcare for more than a decade, writing considered pieces on such subjects as the rising financial toll posed by a cancer diagnosis. After learning of her own illness, she employed that expertise in fighting the disease and imparting to readers accounts of her experience in her "Cancer in Context" blog.  Read 

    CINEMA

    A handoout still from 'The World Before Her'

    Guns and Gowns: Two faces of Indian woman

    Nisha Pahuja‘s film “The World Before Her” juxtaposes two training camps - one for the Durga Vahini (army of Durga), the women’s unit of the right-wing Vishva Hindu Parishad (World Hindu Council), and the other for the Miss India beauty pageant. Pahuja wanted to make a film that would explore a common theme in two worlds that at first look like they are opposites.   Full Article 

    Mahamet, a 17-year-old Syrian boy from Azaz, waits for customers in front of the jewellery shop where he works as a translator in Kilis on the Turkish-Syrian border March 18, 2014. REUTERS/Murad Sezer/Files

    Election cash restrictions to dent gold imports

    India's gold imports in April and May could be less than half of arrivals in March, as restrictions on the movement of cash during general elections dent the buying power of consumers, jewellery industry officials said. Gold arrivals in both April and May could plunge to 20 tonnes, from March imports of 50 tonnes.  Full Article 

    Andy Mukherjee

    Missing inflation could make Asian bonds frothier

    When inflation picks up, so do bond yields, which drives prices of those bonds down. Before the 2008 crisis, consumer prices in Asia were rising at a faster-than-anticipated pace. Investors demanded more compensation for holding paper with fixed-rate returns, and policy-makers raised short-term rates, so yields on sovereign debt surged.  Full Article 

    A man looks at a screen across the road displaying the Sensex on the facade of the Bombay Stock Exchange (BSE) building in Mumbai February 6, 2014. REUTERS/Mansi Thapliyal/Files

    Why IT, pharma stocks are not pariahs

    Expectation that the ongoing general election will throw up a stable government has spurred a return to risk in domestic equities. Assuming a strong government is indeed voted in, will it mean the IT and pharma sectors will become market pariahs? Unlikely, writes Mukesh Agarwal of CRISIL.  Full Article 

    John Foley

    Graft purges don’t hurt shareholders - insiders do

    China Resources chairman Song Lin has been sacked for disciplinary violations, leaving an empire with $150 billion in assets leaderless. Though China’s state-company bosses will quake in their loafers, the damage to investors looks manageable. The real problem is a wider culture that treats outside shareholders as an afterthought.  Full Article 

    Remembering Ayrton Senna

    A memorial statue of Brazilian Formula One driver Ayrton Senna is seen in the park inside the race track at Imola April 22, 2014. REUTERS/Alessandro Garofalo

    Senna's simple grave a magnet for fans 20 years on

    Ayrton Senna is as discreet in death as he was lively in life. The last resting place of Brazil's most charismatic Formula One champion is marked by a brass plaque on a circular lawn, surrounded by almost identical plaques laid into the ground.There is no headstone and just a handful of flowers in plastic pots.  Full Article