Global wealth fell from $104.7 trillion in 2007 to $92.4 trillion in 2008.
Budapest will bid to host the 2024 Summer Olympic and Paralympic Games, the President of the Hungarian Olympic Committee and the Mayor of Budapest has announced in a joint letter to the President of the International Olympic Committee (IOC).
The award was presented by Dr Martin Mackay, pesident Global R&D, Pfizer and Karun Rishi, president, USA-India Chamber of Commerce, at a function in Boston recently, according to a release by the chamber.
Simanta Sharma, MD and CEO of bolohealth.com, shares his success mantras.
The Telugu flick starring Chiranjeevi's son Ram Charan Teja will release in 14 countries.
Among the other recipients of South Asian origin this year were Dr Shaheen Lakhan of Arleta, California; Shetty Shohan of North Palm Beach, Florida; Amoha Bajaj of Montgomery, New Jersey; Shabnum Gulati of Edison, New Jersey; and Sheel Tyle of Pittsford, New York.
Manoj K Jain is an infectious disease physician, a writer, and a national leader in health-care quality improvement. Memphis-based Jain, 45, also writes for publications including The Washington Post.
With founder Subhash Chandra no longer in the driver's seat at Zee, the acid test for Punit Goenka would be to take the financial investors along with him even as he strives to weather the latest storm. The question, now, is how he will deal with the challenges of being a professional CEO rather than an owner-CEO in the aftermath of his family offloading most of its promoter stake to a clutch of financial investors. However, the silver lining is that Zee remains the most profitable of the top four broadcasters in India.
The Boston Analytics Consumer Sentiment Index for August fell below the benchmark value of 100 since its inception, signalling a low-key festive season ahead.
The value of global mergers and acquisition deals is likely to drop by nearly 50 per cent this year, even as the financial crisis throws good opportunities for takeovers, a study says.
Consumer spending, which had been growing at 10 per cent year-on-year, will now decrease. Over 34 per cent of the respondents said they would cut spends, while 16 per cent said would spend more in the coming year. However, compared to other countries where the survey was conducted like Brazil, China, Mexico, Russia, Japan, Canada, United States and Europe , Indian consumers are more confident and optimistic.
Amit Mathur, a resident of Shrewsbury in Massachusetts, was sentenced on May 12 by the Federal District Court in Worcester following his conviction on 18 counts of mail fraud and two counts of wire fraud, the Boston Office of the Federal Bureau of Investigation said.
Single Indians are more optimistic about India's future economic condition than married Indians, points out the Boston Analytics Consumer Sentiment Index data for the month of November, 2008.
In a recent report published by the Confederation of Indian Industry and the Boston Consulting Group, has estimated India would face 'talent gap'-- the lack of right skills for the job required -- of more than 5 million by 2012, as existing educational institutions do not impart employable skills. The report titled, 'India's demographic dilemma' brings out the fact the $1.1-trillion economy will have a shortfall of 750,000 skilled workers over the next five years.
Three manufacturing sectors (engineering and construction, industrial commodities and materials and commodities) created more value for its shareholders in last five years than IT or pharmaceutical companies. Engineering and construction companies, led by Larsen & Toubro and BHEL, posted a total shareholder return of 81 per cent in the last five years trailing March 31, 2007, the BCG-CII study showed.
In Globality*, authors Harold L Sirkin, James W Hemerling and Arindam K Bhattacharya from Boston Consulting Group, show how, over the past two decades, a range of corporations from the developing world have begun to disrupt traditional paradigm of development and tilted the balance of competition in their favour with their predilection for 'rapid-fire innovation'.
In the study, psychologists Maya Tamir and Christopher Mitchell of Boston College, and James Gross of Stanford University tested whether people prefer to experience emotions that are potentially useful, even when they are unpleasant to experience. Through the research, the researchers wanted to examine whether individuals are motivated to increase their level of anger when they expect to complete a confrontational task, where anger might enhance performance.
These stores will find it difficult to survive the pressures of the slowdown because the margins in their category of business are the lowest among all retail formats, said Anand Raghuraman, partner & director, The Boston Consulting Group.
Rani Devi shone with a hat-trick as India blanked Belarus 6-0 to top their pool and qualify for the medal league second round in the Junior Women's World Cup hockey tournament in Boston.
Monorama Devi's last-minute penalty-corner goal helped India pull off a 3-2 upset over Australia in their opening match of the women's Junior Hockey World Cup in Boston.
David was last seen in the action movie Scorpion King 2: Rise of Warrior.
The rising popularity of Heritage Walks is uncovering forgotten historic sites all over India.
The firms record robust 10-15% growth till September. However, despite the enhanced outlays for A&B, companies are looking at adopting cost -cutting measures.
Inflation may be flirting with double-digit figures, but Indians living in metros seem to be an optimistic lot with most of them expecting the employment scenario as well as the economic conditions to improve in the near term.
Announcing her appointment, IMF Managing Director Christine Lagarde hailed the Mysore-born Gopinath as "one of the world's outstanding economists with impeccable academic credentials, a proven track record of intellectual leadership and extensive international experience".
Fresh from his victory over Hillary Clinton to clinch the Democratic party nomination to the White House, Obama said the country must invest in the research and innovation to create jobs and industries. Observing that America's challenges on economic front cannot be overcome by building 'protectionist walls', Obama said the country needs to focus on improving plight of the middle-class and investing in education.
Yes, a *lot* happened at the Hollywood Film Awards.
Sadia Sheperd digs deep into her roots in her memorable new memoir
How to get the word out and not go broke doing it.
The BCG project, which is supported by the United Nations' World Food Programme, the government of India and the government of Orissa, involves scanning finger prints and the iris for preparing biometric cards for a population of around 1 million. Srijan Pal Singh, an IIM-A student, who is part of the project, says the biometric cards will be filtered through a super computer to avoid duplications.
Faesal had no student visa, though he claimed that he was going to the United States for studies, the state government, through DIG, CKR, Srinagar, said in an affidavit.
The latest updates from Tamil film industry.
Pinkies up! Where to sip the world's best. Forbes Traveler surveys the top locations for the world's tea gardens and finds plenty to drink, from Sri Lanka to Bolivia.
The nomination of Husain Haqqani as the new Pakistani ambassador to the United States, by Prime Minister Yousaf Raza Gilani, is being seen as a resounding slap on the face of President Pervez Musharraf. Haqqani -- a former journalist, diplomat and currently associate professor at Boston University is one of Musharraf's fiercest critics. In fact, Haqqani has not visited Pakistan for years, fearing possible imprisonment. Haqqani has been scathing in his attacks of Bush govt
The Golden State Warriors overcame a 51-point effort from Cleveland Cavaliers' star forward LeBron James before dominating in overtime to seal a thrilling 124-114 Game One triumph in the NBA Finals on Thursday.
Aseem Chhabra imagines a time, 20 years from now, when movie-watching in theatres will be long gone, thanks to the coronavirus, and pens a letter to his grandchild, explaining the magic of the cinema hall.
Miami Heat forward LeBron James won his second successive NBA Finals Most Valuable Player (MVP) award after leading his team to victory over the San Antonio Spurs in Thursday's championship decider.
The management of human resources has a strong link with the financial performance of a multinational company. Indian multinationals are showing how to foster it.
Rome's bid to host the 2024 Olympic Games was unanimously endorsed by the Italian Olympic Committee (CONI) in what bid president Luca di Montezemolo described as an important signal of support.
The choice of Beijing as host of the 2022 Winter Olympics over Kazakhstan's Almaty was a solid vote for the tried and tested, and the financial and organisational security of China.