Sunil Maheswari, the chief executive officer and co-founder of Mango Technologies Pvt Ltd, has many accomplishments to his credit. MINT-Wall Street Journal described Mango Technologies as one of the 'Top Ten Startup Companies of 2008'.
United States President-elect Barack Obama on Monday officially unveiled the economic team that will assist him in tackling what he termed 'an economic crisis of historic proportions'.Obama has named New York Federal Reserve President Tim Geithner as US Treasury Secretary and former Treasury Secretary Larry Summers as chief of the National Economic Council.
When it comes to schools, there are no quick fixes, discovers Bill Gates.
Quoting people familiar with the matter, 'The Wall Street Journal' said: "Executives at Citigroup Inc, faced with a plunging stock price, began weighing the possibility of auctioning off pieces of the financial giant or even selling the company outright."
Under his financial policies, the Wall Street Journal reported, banks seeking government assistance would be forced to lend and to halt foreclosures. Automobile companies would be pushed to change their product lines to more advanced, fuel-efficient vehicles. Billions of federal dollars would promote solar, wind and biomass energy, while dirty coal power could be priced out of business.
Larry Ellison, the top-paid US CEO got a salary of Rs 8,587 crore ($1.84 billion) during the last decade. Check out the other top earners. . .
Cellphone maker Motorola Inc is in talks with Nokia Siemens Networks to sell its wireless- networking business for $1.2 billion, a media report said.
The law will check taxpayers' money from being used to pay for the financial mismanagement of institutions.
Attributing to people familiar with the situation, The Wall Street Journal said executives at the New York company plan to narrow the focus of Citigroup's US branch network to six major metropolitan areas.
The report stated though a deal could be reached in the next few weeks, there was no certainty about it.
Financial services major Citigroup's top executive Tom King is leaving the company after 20 years of service and is likely to join Barclays Plc, a media report said.
Faced with tight financial conditions Airbus may need to cut production next year as the European plane maker anticipates two 'difficult' years ahead, Airbus chief executive Tom Enders said.
The big lesson to learn from the world's worst financial crisis is that nations and industry should see globalisation as a friend.
In their most lively but contentious face-to-face debate, Republican and Democratic presidential candidates John McCain and Barack Obama sparred over their respective economic, healthcare, energy and education policies, promoting their ideas to mostly undecided voters and slamming the other's as doomed to failure.
The developmental efforts undertaken by India to help rebuild a war-ravaged Afghanistan have stirred concerns in neighbouring Pakistan, a media report said on Wednesday.
The Wall Street Journal quotes General Stanley McChrystal, who is running America's ground war in Afghanistan, as predicting that US casualties will remain high for months to come, even as he plans to change strategy by increasing the number of troops in heavily populated areas like Kandahar, where the Taliban insurgency is at its strongest.
The next-generation iPad, which is unofficially termed the 'iPad 2', is expected to be 'thinner and lighter'.
The documents obtained from the cyberattack on Democratic Congressional Campaign Committee was released by a hacker known as Guccifer 2.0.
But, the Wall Street Journal said that the US labour market is operating with millions fewer jobs than in February, the month before the coronavirus pandemic struck the country's economy.
Apple is working on less-expensive iPhones, while undertaking an overhaul of applications amid growing competition.
Disgraced Tour de France winner Floyd Landis has sent a series of e-mails to cycling officials and sponsors admitting to the use of performance enhancing drugs, the Wall Street Journal reported on Thursday. The report said the American's e-mails detailed his systematic use of the drugs during his career.
India's capacity to deal with terror is better today than what it was two years ago. And I can say with confidence our capacity to deal with terror next year would be even better from what it is today, says home minister
Jobs has been taking business meetings at home and on the phone.
The new version of the iPad will have a camera on the front of the device for features like video-conferencing, the Wall Street Journal quoted people familiar with the matter as saying.
Citigroup plans to launch a $200 million fund for small-business lending in low and moderate income communities.
The report by the Wall Street Journal said, "Google Inc is planning to introduce Android-based television software to developers at an event in May," citing sources with knowledge of the development.
Apple's iconic chief Steve Jobs is back at work and his return will fuel debate over the company's disclosure practices which have drawn the attention of the Securities and Exchange Commission, says a media report.
Any assessment of Goldman Sachs' alleged "fraud" is likely to run into two problems. First, the armada of jargon that surrounds the financial derivatives market could mean that the essence of the case is lost in translation, leaving the non-specialist bewildered as to the exact nature of the Wall Street giant's alleged perfidy.
The Reserve Bank on Tuesday said it would come out with norms on salaries of CEOs of private and foreign banks by June end, in a move reminscent of the US seeking to control pay of Wall Street executives.
Major American banks, including Citigroup and Goldman Sachs, temporarily lowered their debt in the past five quarters before reporting it to the public in order to mask risk levels, says a media report.
'Is it too much when senior -- very senior --politicians fear the law so little that they accept payment through cheques, something that can be easily traced?'
The affected executives include Michael Klein, who was co-head of the New York company's investment bank, and Kevin Kessinger, formerly in charge of operations and technology at Citi, the report published online said. Klein and Kessinger both got lucrative severance packages when they left last year, including periodic cash payments.
Several billionaires have rehabbed their fortunes during the recent bear market rally.
Superstar Hollwyood director Steven Spielberg and Anil Ambani are about to sign a deal that will see the ADA Group bankroll Spielberg's DreamWorks SKG with between $500 million to $600 million, The Wall Street Journal reported on Wednesday.
Attributing to people familiar with the development, The Wall Street Journal reported that UBS AG's brokerage unit in the US is laying off nearly 200 employees, including about 25 managing directors.
Trying to adapt to changing market requirements amid recessionary conditions, corporate giants including Microsoft, IBM and Yahoo Inc are not only cutting jobs but are at the same hiring people in other business units, a media report says.
US Defense Secretary Robert Gates has refuted the whining of Pakistan's Ambassador to the US, Husain Haqqani who had contended in a recent article in the Wall Street Journal that the main reason Pakistan's counter-insurgency efforts this far against the Taliban and other extremist groups was because it had not been provided with proper equipment --attack helicopters and night visions goggles -- by the United States as promised.
Foreign direct investment into India has surged to over $25 billion in 2007-08 and the country's foreign exchange reserve crossed $341 billion as of Tuesday, Ashwani Kumar, minister of state for commerce and industry has said.
The Nifty regained the 6000k mark to end at 6,009, up 48 points.
