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James D Wolfensohn

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Mumbai's annual rain pain

'At the first sign of rain, Mumbai's infrastructure begins crumbling.''The monsoon is the true test of the durability and effectiveness of any system.''What most don't realise is that the city is......

Pratham USA wins Kravis leadership award

Pratham USA, which aims to educate India's underprivileged children through awareness programs about illiteracy, was awarded the 2010 Henry R Kravis Prize in Leadership last week. The $250,000......

Yunus fracas: Bangla govt for amicable settlement

Bangladesh government on Wednesday said it was looking for ways for an amicable settlement of the issue of Nobel Laureate Muhammad Yunus's controversial removal from Grameen Bank last month."A......

Lessons to learn from Satyam

The unravelling of events at Satyam has, among other things, put the spotlight again on two key elements of a healthy corporate sector -- the framework of corporate governance and the role of......

World Bank ex-chief buys Fabindia stake

WCP Mauritius Holding, an investment vehicle promoted by former World Bank president James Wolfensohn, has bought a minority stake in India's ethnic wear company Fabindia for about $11 million, a......

Global growth imbalances get focus in closing sess

The closing session, which marked the conclusion of the five-day annual meeting of the World Economic Forum in Davos on Sunday, identified imbalances in global growth as one of the key areas of......

Wolfowitz takes helm at World Bank

Paul D Wolfowitz took charge as the World Bank's 10th President on Wednesday.US President George Bush had recommended the name of the controversial Wolfowitz, who was the former US Deputy Secretary......

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Coming to India and making

Success in manufacturing is not just about being cheap - cheap labour, cheap land, cheap power...
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