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LATEST HEADLINES

Satyam Computer to Hire Over 4,000 Staff
In the largest recruitment drive since Tech Mahindra took over Satyam Computer Services in April, the fraud-hit company plans to recruit more than 4,000 employees by May, a person familiar with the matter said.

MagicJack: Overhyped, But Works
Walt Mossberg reviews magicJack, an Internet-based device for making phone calls from a computer.
- Video: Cheap Internet Calls | Mossberg's Mailbox
Pipeline Raises Competition in Asia
Competition from Russia's new ESPO pipeline has caused Mideast oil producers to revise export strategies and pricing policies for the Asian market.
- WSJ.com/Mideast: News, video, graphics

What’s News —

Business & Finance

India's Food Prices Soar
India's food prices rose at their fastest pace in six weeks and drove the wholesale price index for primary articles up in the week ended Feb. 6, raising concerns the central bank will aggressively tighten its monetary policy to rein in inflation.
Heard: India's Big Birds Flying Without Wings
A meaningful turnaround for Kingfisher Airlines and Jet Airways may lie in New Delhi's hands. Don't bet on that help coming, though.
India OKs ONGC, GAIL Investments in Myanmar
India approved investments by an Oil & Natural Gas unit and GAIL India in gas field development projects in Myanmar.
Australia Slips, Miners Retreat
Most Asian markets fell, with Australian shares weighed as Qantas disappointed investors with its first-half results, while miners declined after the IMF said it plans to sell gold on the open market.
Corus Still Open to Offers for U.K. Steel Plant
Corus, the European arm of India-based Tata Steel, is still willing to entertain credible offers to buy its Teesside Cast Products steel plant in northeast England.
PC Makers Ready iPad Rivals
Air Works India Buys 85% in U.K. Plane Painting Company
Daimler Shares Tumble
U.S. Factories Gear Up to Hire
Wipro Finds $4 Million Fraud by Employee

Opinion

Business Asia: India's Competitive Edge
Handicapping Bharti Airtel and China Unicom's African investments.
Sumit Ganguly: Let India Train the Afghan Army
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Rolling Back India's Reservations
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Fixing Obama's Tibet Bungle

Maximum Money

The Budget, Taxes and You
Major income tax breaks are unlikely in the union budget but we may get a roadmap on key tax changes for individuals in the future, says Shefali Anand, India personal finance columnist.

WSJIDEBATE

Who's to Blame for MNIK Fiasco?
Two Indian students on the WSJIDEBATE panel debate whether the Shiv Sena and the state government share responsibility for the controversy over the release of My Name is Khan.
- Shikhar: State Avoided the Big Issue
- Rohan : A Welcome Political Shift

Sports

Tiger Woods to Break His Silence
Tiger Woods will speak to the media Friday for the first time since revelations about his infidelity.
What's a Gold Medal Worth?
Speed, Commerce Skewed Track's Design

Editors' Picks

World

Yuan Becomes Big U.S. Concern
The U.S. is expected to press China in the coming months over what officials see as an undervalued yuan.
Coalition Prepares for New Marjah Rule
U.S. Credit Cards Surface in Dubai Probe

Business

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U.S., EU Clear Microsoft-Yahoo Deal
Antitrust regulators in the U.S. and Europe have approved Microsoft to take over Yahoo's Internet search business, clearing the way for an effort to build a rival to Google.
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Wal-Mart Profit Rises 22%
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Goodyear Posts Quarterly Profit

Asia

U.S. to Probe Corolla Steering Reports
Toyota and regulators in the U.S. are looking into possible steering problems in the company's popular Corolla compact. Separately, Congress has invited Toyota's president to testify.
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Hutchison Telecom May Restate Results
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Philippines Budget Deficit at Record

Europe

Greek Currency Swap Draws New Scrutiny
A controversial currency swap undertaken by the Greek government in 2001 had no bearing on the country's eligibility for entry into Europe's single currency because Greece was already a member at the time, Greek officials said on Wednesday
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SocGen Results Disappoint
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U.K. Public-Sector Borrowing Grows

Markets

Stocks Cling to Gains
U.S. stocks inched up as investors took a somewhat optimistic view of a mixed bag of earnings reports and economic data.
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Oil Holds Gains After Supply Data
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Euro Up as Jobless Claims Get Second Look

Tech

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H-P Net Rises on Strong Demand
Hewlett-Packard's quarterly profit jumped 25% amid surging computer sales, the latest signal that the techspending crunch is over.
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DirecTV Reports Loss
TomTom CEO Plays Down Threat

Opinion

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Faith and Punishment in Malaysia
Caning is incompatible with Malaysia's aspirations to be a modern country.
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William R. Rhodes: Mr. President, Enact This Trade Deal
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China's Long, Strange Road Trip

Life & Style

Myanmar's Colonial Treasures Threatened
The colonial buildings of Yangon, once a grand city, are scattered about like tombstones in a neglected cemetery. Years of neglect have put them at risk.
What's Next: Architecture
Long Shot -- the Thailand Tigers

Market Data Center

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Data: Dow Jones, Reuters

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Current price, up from close
Price at prior day's close
Current price, down from close
Low

Pakistan Confirms Baradar's Capture
Pakistan officially confirmed the arrest of a top Afghan Taliban commander, Mullah Abdul Ghani Baradar.
- Earlier: U.S. Pressed Pakistan for Taliban Chief's Arrest
Broad New Hacking Attack Detected
Hackers in Europe and China broke into computers at nearly 2,500 companies and government agencies over the last 18 months in a global attack that exposed vast amounts of personal and corporate secrets to theft, according to a computer-security company.
- News Hub: U.S. Hit by Cyber Attacks
- Google Warns of China Exit Over Hacking
Suspected Maoists Kill 10 in India
Suspected Maoist rebels raided a village in eastern India Thursday and killed at least 10 people in an apparent act of revenge after several rebels were captured and turned over to police.
- India Condemns Monday's Rebel Attack
Hot Gadgets and Hot Money are Not Cool for the Poor
Do villagers and slum dwellers need iPhones, asks Eric Bellman of the Wall Street Journal.
Pictures of the Day
In today's pictures, an orange fight in Italy, Canadian Olympics fans show their pride, Madison Square Garden goes to the dogs and more.
Placement Scenario Brightens for Top B-Schools
In most B-schools there is going to be no significant improvement in the average or median salaries offered compared to last year, says Premchand Palety.
India Condemns Maoist Attack
India's home minister condemned an attack by Maoist rebels on a military outpost in eastern India that killed 24 soldiers and injured three.
Why We Need Capital Security
Strong demand has kept India's economy humming, now we need to bolster the foundations of capital formation, says Madhabi Puri-Buch, CEO of ICICI Securities.
India's Holy Ganges Gets a Cleanup
The spiritually cleansing waters of the River Ganges are about to get some cleaning of their own, as the Indian government embarks on a $4 billion campaign to treat the heavily polluted waters.
- Video | Photos: Cleaning the Holy Ganges
Is Social Entrepreneurship an Oxymoron?
Social entrepreneurship is the latest victim of feel-good "buzz-word compliance," an all too common disease in management, says Sanjay Anandaram, co-founder of JumpStartUp.
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The Accidental Terrorist
Bollywood's latest blockbuster, 'My Name is Khan,' caricatures America's treatment of Muslims.
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An Antiterror Wake-Up Call
By Bahukutumbi Raman
Saturday's bombing in Pune, India shows that the country's intelligence infrastructure still doesn't work the way it should.
Fashion's Next Big Thing?
At New York Fashion Week, all eyes are on Prabal Gurung, whose swift rise partly reflects how anxious the fashion industry and retailers are to appoint new stars.
- Photos: Gurung Guns for NY Fashion Week
- Heard on the Runway: Gurung's Fall 2010 Show
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'A Churchillian Defense of the Markets'
HSBC chairman Stephen Green acknowledges that bankers got bonuses while shareholders and taxpayers were left holding the bag.
Maruti to Stop Selling Maruti 800 in 13 Cities
Maruti Suzuki India will stop selling its lowest-priced model, the Maruti 800, in 13 of India's biggest cities from April 1, when the federal government implements new, more stringent emission standards, its chairman said.