New York-based McGraw-Hill said the transaction is expected to close in this quarter
According to the publication, in July, McGraw-Hill Cos, owner of BusinessWeek, said it was putting the magazine on the block. Since then, McGraw-Hill and its investment bank, Evercore Partners Inc, have had discussions with several parties.
Attributing to sources, New York Post said that Bloomberg is expected to whack up to 130 employees of BusinessWeek, out of a total 400--a staggering 32 per cent staff reduction.
Congress President Sonia Gandhi, noted industrialist Ratan Tata and Nasscom president Kiran Karnik were named among 25 'Stars of Asia' by the US-based magazine BusinessWeek for being in the 'forefront of change.'
Notwithstanding the turmoil in global economic environment, as many as six Indian firms, including Reliance Comm and Bharti Airtel, have been named among top 100 best-performing infotech companies in the world by US magazine BusinessWeek.
After pondering what won't happen, we decided to don our prediction hats again. Think: President Bloomberg and an Apple flat screen, or maybe not.
'For an introduction to his career-spanning genius, watch just five of his movies: Anand, Saudagar, Abhiman, Black and Pink,' notes Kalyan Singhal, McCurdy Professor of Business at the University of Baltimore.
BusinessWeek in its '2007 Information Technology 100 listing' has placed TCS on 23rd position among world's leading IT companies.
Anand Chhatpar and Rishi Kacker were chosen to feature in the BusinessWeek list.
India will move beyond outsourcing software and systems management into realms such as medical design in 2006, predicts BusinessWeek.
Mr Prime Minister, good economics and the welfare of the people are always good politics. If you follow my advice, you will be enthusiastically rewarded come election time. If you fail, history will hold you responsible, warns Kalyan Singhal.
How should one billion Indians, for whom deprivation has become an inescapable way of life, join us in celebrating 75 years of Independence? And where do we go from here? asks Kalyan Singhal.
Unfazed by the US outcry on outsourcing and the implications of the recent cut in number of US visas, Wipro Chairman Azim Premji aims to turn his company into one of the top 10 IT service companies in the world.
Telecom player Bharti Airtel is the sixth best of the 100 best performing technology companies in the world, compiled by American magazine BusinessWeek.
Jugaad is not the best solution that one could arrive at -- it is sub-optimal. India needs to have a systematic approach to innovation.
Aseem Prakash, author of the book Midnight Economy: The New Business Order Emerging from the Shadows, argued in a recent BusinessWeek article that economic power is shifting towards the East and that many in business do not need the American dream anymore.
Tata Group ranks 13th, Reliance Industries 15th and Infosys 26th. Tata Group and Reliance Industries have been ranked ahead of American industrial conglomerate General Electric (17), German car manufacturer BMW (20), Japanese auto firm Honda Motor (22) and telecom major AT&T (23), among others. However, while the Tata Group slipped in ranking from the sixth place in 2008, Reliance Industries has improved on its previous year's 19th rank. Infosys was not in the list in 2008.
International Data Corp. analyst Conrad Chang thinks so, based mainly on the mainland's solid investment in skills and infrastructure.
While 89 per cent of executives in India said innovation was key to economic growth, in the US, only 72 per cent said innovation was important.
Today's new, lower rates could drop even further, says mortgage maven Keith Gumbinger. If you've got a jumbo ARM, you might want to wait
I think the United States must realise that today 60 to 70 per cent of the growth of the revenues of large American companies comes from India and China.
Career books can be a valuable tool for success. Take a look at BusinessWeek's list of the 10 best: five from 2006 and five from past years.
How five names in this year's rankings staged their turnarounds
The 20 contenders for the title, short-listed by the BusinessWeek magazine, also included Apple Computer CEO Steve Jobs, media baron Rupert Murdoch and Google CEO Eric Schmidt.
This year's winners, which include Toyota, Lenovo, and Infosys, have been pushing to build their businesses globally.
DA Benton, top executive coach, explains how to react to everyday mistakes we all make.
The modern heroes find themselves in the illustrious company of Bill Gates, Steve Jobs, Henry Ford, Benjamin Franklin, John D Rockefeller, Thomas Edison and Michael Dell.
Industrial Design Centre of the Indian Institute of Technology, Mumbai and Ahmedabad's National Institute of Design are among the 60 schools named in the second annual survey of the best design schools in the world compiled by Businessweek magazine, which is part of the McGraw-Hill Companies Inc.
According to 'Asia's Hot Growth Companies' list, prepared by US-based financial magazine BusinessWeek, India is home to a higher number of such companies than China, whose presence is limited to just eight firms. Besides, India is next only to Taiwan and Japan, which have been represented by 24 and 18 firms respectively.
Five Indians, including three IITians and all in their 20s or 30s, have made to the list of top 25 entrepreneurs in Asia. The list compiled by the US-based magazine BusinessWeek for its annual report on Asian entrepreneurs includes four women, including Saloni Malhotra whose BPO company 'DesiCrew' targets workforce in small towns and rural areas.
Nasdaq-listed Wipro Ltd on Wednesday said its chairman Azim Premji has been named among the 'greatest entrepreneurs' of all time by BusinessWeek.
Infosys, TCS, Wipro, Cognizant and Satyam and Bharti Tele-Ventures figure in the elite list.
Global magazine Fortune on Friday said it is exploring possibilities to start an Indian edition.