Rather than fighting soldiers from an enemy country, they are busy keeping snow out of the roads leading to this Alpine Swiss resort town and its Congress Centre, which would play host to over 1,500 top leaders and thousands of others, including spouses of rich and powerful, their accomplices, journalists, the organisers and support staff.
Switzerland will be able to provide banking and other details sought by other countries, including India, from next month about a 'group of persons' even without their individual identification, provided the information has not been requested as part of some 'fishing expedition'.
After two consecutive years of plunge, the mutual fund industry managed to register a smart turnover in 2012, with its assets base seen nearing Rs 8 trillion with an increase of about Rs 2 trillion this year.
Supporting the capital market regulator Sebi's proposal for an independent auditing regulator in India, global auditing and consultancy major PwC has said there is an urgent need to have a strong and powerful watchdog for this business.
Terming it a socially responsible business model for growth, HCL Tech vice chairman and CEO Vineet Nayar said the company would create these jobs for fresh engineers.
The foundation is providing the money to The Global Fund to fight AIDS, tuberculosis and malaria through a promissory note, co-chair Bill Gates said.
The move would end the exclusive availability of Thunderbolt, which was launched earlier this year and helps transfer data between different computing devices at high speed, on Apple's Mac computers.
Showcasing what the future holds in the computing arena, chip-maker Intel on Wednesday unveiled a computer with a processor running on a postage stamp-size cell powered by solar energy.
Ruling out any move to become the rival of its own customers, the world's largest chip-maker Intel on Wednesday said it is not interested in acquiring technology giant HP's PC business.
In the first major international exchange business initiative by an Indian entity, a new commodity and currency bourse, Singapore Mercantile Exchange (SMX) on Tuesday commenced trading here with derivatives contracts like gold, crude oil and Euro-US dollar.
From thousands of job losses to historic bankruptcies to Dubai debt crisis, the year had more than its share of shocks.
It was only gold, one of the oldest investment forms, that provided some solace to investors and somehow stood by its record of being a safe place to put hard cash in -- although the gain of about 25 per cent was nothing compared to what it returned in the previous years. This time around, however, the money that went into stocks lost more than half of its value on an average in comparison to a gain of 25-50 per cent over past few years.
The turmoil in the world economy has done what economists and experts could not do for years -- pushing into the day-to-day life a healthy dose of financial jargon, a lot of which has even become household words now.
India's corporate honchos spent a considerable time and energy this year at deal tables and executed over thousand transactions involving sale or purchase of equity stakes in their companies. On an average, every single day of 2007 saw about three deals being announced. This included a total of 1,047 merger and acquisitions as well as private equity deals for a total value of $68.32 billion (about Rs 2,75,000 crore).
While declining to comment on the intended takeover bid for JLR by Tata Motors, another group company, Myers said the relationship was close to four years old.
The Indica, known to Europeans as City Rover, was rolled out in November 2003 but did not succeed in the market where consumers are very choosy about the vehicles they buy.
Banking is all about leveraging, the ICICI boss said.
Merger and acquisitions is the toast of the season and a full platter of deals is expected to hit the table very soon in the consumer goods space involving leading players like HLL, Dabur, Marico and United Spirits.
Corporate India has put together a whopping $20 billion (Rs 90,000 crore) so far this year to fund its merger and acquisition bills abroad, surpassing all previous full year totals.
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