Wall Street Journal

  • 'Cadbury used non-existent factory to avoid $46 million in taxes' March 5, 2013

    Cadbury Plc, now part of Mondelez International Inc, used a nonexistent factory in India to avoid about $46 million in taxes, the Wall Street Journal reported on Tuesday, citing a report by the Indian tax authorities. Cadbury's Indian unit manipulated invoices and other documents to get an exemption from taxes available...
  • China denies hacking allegations February 5, 2013

    Beijing: China's Foreign Ministry has denied hacking foreign websites in a strongly worded statement. The statement came after reports that Google Chairman Eric Schmidt had labelled China as "the most sophisticated and prolific" hacker of foreign companies in his upcoming book. The book apparently accuses the Chinese government of using and...
  • Boss' firstborn may affect your salary: study January 7, 2013

    Washington: Your salary may rise or shrink depending on your male boss' firstborn, according to a new study which found that employees can expect a hike if the child is a daughter but salaries may decrease if it is a son. The gender of a male CEO's child is significantly linked...
  • 'Obama not insulting but cheering India' July 21, 2012

    Washington: Observing that the "truth-telling" of US President Barack Obama "evidently pricked the thin skin of India's politicians", a leading American financial daily has said he is in fact "cheering" the Indian elite and not insulting them. "It is no wonder foreign investors are appealing to their leaders for help against...
  • Rupert Murdoch's News Corp may be split into two June 27, 2012

    Los Angeles: Rupert Murdoch's News Corp. is preparing to spin off its newspaper business into a separate company, an acknowledgement that the printed page that gave rise to a media empire will never again be central to its future. Murdoch's plan to split his company represents a break from the past....
  • Pak officials authorised NATO strike: Report December 2, 2011

    New York: Pakistani officials gave the go-ahead to a NATO air strike that killed 24 Pakistani troops, unaware that their own forces were in the area, the Wall Street Journal reported on Friday quoting US officials. Last weekend's cross-border attack has caused public outrage in Pakistan, where the government has pulled...
  • Pakistan's ad in WSJ on 9/11 draws flak in US September 13, 2011

    New York: An advertisement by Pakistan in America's leading daily the Wall Street Journal on the 10th anniversary of the 9/11 attacks has not gone down well with readers in New York with some calling the ad a "joke" and questioning how a country where Osama bin Laden was hiding...
  • Which country can do more, says Pak's 9/11 ad September 13, 2011

    Islamabad: Pakistan has placed an advertisement in the US media to reach out to America on 9/11. "Which country can do more for your peace," asks the advertisement in the Wall Street Journal. "Since 2001, a nation of 180 million has been fighting for the future of the world's seven billion." Dawn...
  • World media keeps a close eye on Anna's protest September 2, 2011

    Anna Hazare's agitation has whipped up the curiosity of the global media. While some international websites have compared it to Egypt's Jamsine Revolution, others are questioning if this Gandhi-like method will help the cause. ...
  • WSJ publisher quits in phone-hacking scandal July 16, 2011

    London: Rupert Murdoch accepted the resignations of The Wall Street Journal's publisher and the chief of his British operations on Friday as the once-defiant media mogul struggled to control an escalating phone hacking scandal, offering apologies to the public and the family of a murdered schoolgirl. The scandal has knocked billions...
  • New York Times gets its first woman editor June 3, 2011

    New York: Former investigative reporter Jill Abramson will become the first female executive editor in the nearly 160-year history of The New York Times in September, the newspaper announced on Thursday. Abramson, 57, is to succeed Bill Keller, who will continue to write for the daily as a columnist. The Times' Washington...
  • Al-Qaeda was against killing Pearl: WikiLeaks April 27, 2011

    Boston: 9/11 attacks mastermind Khalid Shaikh Mohammed was warned by a senior Al-Qaeda military commander not to kill Wall Street Journal reporter Daniel Pearl in 2002 and that he should be "freed" but the American was killed anyway, according to leaked WikiLeaks documents. 38-year-old Pearl, who was the South Asia...
  • US voters less optimistic about Obama, show polls January 20, 2010

    Washington: A year after Barack Obama made history as America' s first black president, US voters are less optimistic about his ability to succeed and no longer favour keeping the Democrats in control of Congress, according to a new poll. The trends shown by the new Wall Street Journal/NBC News...
  • Krishna misquoted, no change in Afghan policy: MEA September 24, 2009

    New Delhi: India on Thursday clarified that the External Affairs Minister S M Krishna did not advocate a political settlement with Taliban, stressing that the country's Afghan policy had not changed direction. The External Affairs Ministry spokesperson clarified on Thursday that there was "no change in India's policy towards Afghanistan". "EAM...
  • Infosys most admired Indian company: WSJ survey August 14, 2009

    New York: IT bellwether Infosys Technologies has been adjudged as most admired Indian company, ahead of Tata Consultancy Services and Bharti Airtel, says a survey. Infosys has topped the list of 10 most admired Indian companies and is followed by IT major TCS at the second position, according to the...
  • Western firms shutting shop in India: WSJ June 8, 2009

    Washington: Many Western companies have recently sold or closed back-office facilities in India, reversing a decade-long trend as companies look to slash costs and eliminate headaches during the recession, according to the Wall Street Journal. Citigroup Inc and insurance firms AXA SA and Aviva PLC, among others, have sold offshore computer-programming...
  • IBM-Sun deal may be response to HP-EDS deal: TPI March 19, 2009

    It's a mother of all deals in the making. The Wall Street Journal reports that IBM is in talks to buy Sun Microsystems for at least $ 6.5 billion. What are the implications of this deal on the global technology sector? Editor-in-Chief of zdnet.com, Lawrence Dignan, and Managing Director of TPI,...
  • LeT role in 26/11 confirmed, India asks Pak to act December 31, 2008

    New Delhi: Pakistan has finally admitted the Lashkar-e-Toiba was behind the Mumbai terror attacks. Even though there is no official confirmation but Pakistani Prime Ministers Office has told CNN-IBN that Lashkar-e-Toiba planned and executed 26/11 Mumbai terror attacks. However, New Delhi is cautious about the admission with sources in the Ministry of...
  • India's political leadership to blame: Wall Street Journal November 28, 2008

    New York: India's ruling United Progressive Alliance (UPA) has done little to launch an effective fight against terrorism and may "pay a price for its incompetence" in the elections next year, the Wall Street Journal said in its lead editorial on Friday. "A lack of political leadership is to blame,"...
  • Lehman in talks to sell part of firm to Barclays: WSJ September 16, 2008

    New York: Lehman Brothers is in talks to sell parts of the company to Barclays Plc, with the potential for an agreement to be reached as early as Tuesday, the Wall Street Journal reported on its website. The report late on Monday came after Barclays confirmed it had considered a bid...
  • New global acquisitions show India Inc's clout: WSJ June 2, 2008

    New York: Vedanta Resources' purchase of the bankrupt US copper miner Asarco for $2.6 billion in cash has highlighted the growing global clout of companies from emerging markets like India, the Wall Street Journal (WSJ) has said. The deal announced Saturday by Sterlite Industries, a unit of Vedanta, is the latest...
  • Dow chief to bow out as Murdoch wages media war December 7, 2007

    New York: Dow Jones & Co Chief Executive Officer Richard Zannino will demit office after completion of its acquisition by News Corp media mogul Rupert Murdoch's News Corporation. Zannino is leaving as Murdoch plans to scrap subscription fees on the Journal's website and expand national news coverage to take on the...
  • Women to watch: Two Indians in coveted list November 21, 2007

    New York: Two Indian-origin women — Indra Nooyi and Manisha Girotra — figure on a list prepared by the Wall Street Journal for women who could have a significant impact on their businesses in the year ahead. Wall Street Journal has compiled a list of 50 women from across the world...
  • How Azim Premji defies convention, labels September 13, 2007

    Washington: "The world's richest Muslim entrepreneur defies conventional wisdom about Islamic tycoons: He doesn't hail from the Persian Gulf, he didn't make his money in petroleum, and he definitely doesn't wear his faith on his sleeve." That's how the Wall Street Journal describes Azim Premji, Chairman & CEO of Wipro...
  • Media tycoon Murdoch now owns Wall Street Journal August 2, 2007

    New Delhi: Rupert Murdoch's News Corp agreed to buy Dow Jones & Co. for $5.2 billion, gaining control of the Wall Street Journal and ending the Bancroft family's 105 years of stewardship. Dow Jones investors will receive $60 a share, the companies said Wednesday in a statement. The offer is 4.6...
  • Dow Jones deal may be sealed today July 17, 2007

    New Delhi: Media giant News Corp has finally reached a tentative agreement to buyout Dow Jones for $5 billion. The agreement on the $60 per share offer was reached after a meeting between the two companies. The Dow Jones board will meet on Tuesday evening to consider this offer. The proposal...
  • Mush's tale-spin fades Potter magic July 7, 2007

    Washington: Pakistan's President Pervez Musharraf memoir, In the Line of Fire, is threatening to challenge J K Rowling's young wizard Harry Potter not only in sales but also in his magic tricks, according to the Wall Street Journal. The paper cites a revisionist recount of Pakistan's 1999 incursion into the Kashmir...