The survey takes into account factors such as financial reputation, vision, corporate reputation, quality and innovation.
The US Department of Treasury plans to sell its 27 per cent stake in Citigroup Inc, says a media report. The stake selling is part of a programme of regularly scheduled sales.
In a major catch, Pakistani authorities on Saturday nabbed a top militant suspected of beheading the Wall Street Journal reporter Daniel Pearl in 2002.
India-born PepsiCo chief Indra Nooyi has been the news recently for her trip to China, her remarks about the US Fed and her ability to handle the financial crisis.
This effectively freezes the legal fight in the courts until Wednesday noon (2130 IST) following Wells Fargo and Wachovia announcement of $15 billion deal which bested the earlier deal with Citibank. Meanwhile, the Wall Street Journal said discussions to resolve the mess are continuing, with the most likely scenario resulting in Citigroup buying branches from Wachovia in the Northeast and mid-Atlantic region.
Hedge funds maximise absolute returns using a broad range of strategies including unconventional and liquid investments. Quoting people familiar with the matter the Wall Street Journal said: "The Securities and Exchange Commission ordered more than two dozen hedge funds to turn over trading information as it ramps up its investigation into whether traders were spreading rumours to manipulate shares."
Gates, 66, on Tuesday, said that "I know it's frustrating to go into another holiday season with COVID looming over us. But it won't be like this forever. Someday the pandemic will end, and the better we look after each other, the sooner that time will come."
The $58-billion conversion, announced in February when Citigroup shares were trading near USD 1, was supposed to happen in April but was slowed by negotiations between the bank and federal officials over details of the complicated transaction, the report noted. The deal is aimed at reducing worries about Citigroup's capital levels.
Quoting a person familiar with the matter the daily said, General Motors would provide more than $2.5 billion of the $3.6 billion necessary for the private equity firm to gain control of Delphi. General Motors filed for bankruptcy protection on Monday.
The Wall Street Journal, quoting people familiar with Apple, stated that "after months of uncertainty about Steve Jobs's health, the Apple Inc chief executive appears on track to return from medical leave this month."
The overall freedom to start, operate, and close a business remains restricted by India's regulatory environment.
Amit Varma, who publishes the popular India Uncut blog, speaks to rediff.com about his debut novel, My Friend Sancho.
Ford Motors, one of the big three in the US auto industry, is planning to increase its market share at a time when its rivals -- GM and Chrysler -- are tackling bankruptcy and restructuring procedures.
Billionaire Mukesh Ambani-led Reliance Industries has made it to the annual list of the world's 100 most respected companies compiled by the Wall Street Journal, topped by US-based healthcare products major Johnson & Johnson.
The facsimile edition of The Wall Street Journal and the Indian edition of Forbes, the magazine famous for its global billionaires' list, will be launched next week. A look at what to expect.
Apple is set to unveil its much awaited tablet PC later this month and the company is likely to ship the product in March, says a media report.
In an interview to the 'Wall Street Journal', Benmosche said that AIG, in its current form, is too large. "I feel strongly that AIG is too big today -- it is extremely complex to manage and we need to make sure it's more transparent, that it's smaller, and that we can make it on our own."
Technology giant IBM is close to a deal to buy Sun Microsystems for about $7 billion, says a media report.
Anand also authored a book The Cure: How A Father Raised $100 Million and Bucked the Medical Establishment in a Quest to Save his Children in 2006.
Attributing to a person familiar with the matter, The Wall Street Journal said, GM plans to begin paying back a $6.7 billion loan it owes to the US government starting late this year, which would put it on track to potentially repay the entire loan by the middle of 2011.
A good wealth manager is as important as a right mix of asset allocation in creating wealth in your lifetime.
Beleaguered investment bank Merrill Lynch has paid more than $10 million in cash and stock to its eleven top executives last year, says a media report.
The Wall Street Journal quoting two people familiar with the situation said Bharti has contacted West Asian sovereign wealth funds for additional cash to back its MTN bid for a majority stake. Further, the paper quoted another person and said that Bharti has already negotiated about $12 billion in financing from a group of banks that includes Standard Chartered PLC, but the deal may require more resources.
Attributing to a person familiar with the situation, The Wall Street Journal said that Bank of America's directors plan this week to settle on an emergency CEO pick, in case legal turmoil forces Lewis to step down before year-end.
Envelopes containing white powder were received by top editors and executives of the Wall Street Journal, triggering a scare and rekindling the memories of the anthrax mailed in 2001. But after tests showed that it was apparently flour or food based, the powder was declared harmless.
The Journal's parent, Dow Jones and Company was acquired by media Moghul Rupert Murdoch's News Corporation, four months ago. Murdoch declined to comment last night, the Times said even as some analysts see a possible war between the Journal and the New York Times.
While the ministry sources clarified that the overall policy for fax editions is still under review, this proposal has been given approval on a case-to-case basis in FIPB's meeting held last week. The proposal was turned down twice earlier pending the review but the company had applied to FIPB under deferred proposal agenda in its meeting on January 9.
United States President-elect Barack Obama plans to issue an executive order, within his first week in office, to close down the infamous American detention centre at Guantanamo Bay, a media report said on Tuesday. The order, however, would not immediately close the prison, the Wall Street Journal said, citing two people with knowledge of the plan. It is the first step in what is expected to be a long process of determining what to do with the approximately 250 prisoners.
The International Olympic Committee (IOC) has no plans to cut short the global torch relay despite disruptions by protesters in London and Paris, Olympic chief Jacques Rogge told the Wall Street Journal. Reports the IOC executive board would consider scrapping the torch relay outside China at a meeting in Beijing later this week are "based on a misunderstanding", the IOC president told the paper.
According to the Wall Street Journal, one of the characteristics of the long market downturns in the 1930s and the 1970s has returned and rank-and-file investors (retail investors) are losing faith in stocks and have pulled out record sums from equity schemes of mutual funds.
The stress of financial turmoil is literally showing on the faces of Americans, with many unemployed individuals growing beard in the country.
Arun Sarin, who recently retired as the Vodafone group CEO, is being considered for the post of chief executive of internet major Yahoo! Inc, the Wall Street Journal says.
Days after Citi's global CEO Vikram Pandit said the group planned to reduce head-count by 52,000, there are reports that the financial major will lay off over 1,000 employees in India. The financial services company has around 10,000 employees in India.
Aditya Birla Group, Satyam Computer Services and Marriott Hotels India have been ranked as the top three employers in India.
'Zahid Hussain lays out, in considerable detail, the extent of Pakistan's involvement and active support for terrorism.'
Voice-based search technology has become the new battleground for web majors including Google and Microsoft.
The Wall Street Journal said the move, which is being closely watched, may be followed by other players at Wall Street. After months of internal debate at Goldman, the paper said the seven top executives at the firm, including chief executive officer Lloyd Blankfein, asked the board's compensation committee to grant them no bonuses.
Favouring 'aggressive action' to boost the shaky American economy, House Speaker Nancy Pelosi has proposed a two-stage effort with a $60-100 billion stimulus package this month followed early next year by a 'permanent tax cut'.
Dow Jones said shares representing approximately 60.3 per cent of the outstanding voting power of the company were cast on Thursday in favour of the merger. Announcing the approval, Dow Jones said the stockholders' vote satisfies the final condition for the completion of the deal. The two companies had signed an agreement and plan of merger on July 31. The merger became effective on Thursday.
As part of the reshuffle, James Murdoch will step down as chief executive of British Sky Broadcasting, and replace his father as non-executive chairman of the UK satellite broadcaster.
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