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.
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.
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.
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.
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.
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'.
The new Ram Lalla idol was consecrated at the Ayodhya temple on Monday, an event led by Prime Minister Narendra Modi and watched by lakhs of people on television at their homes and in temples across the country.
The White House announced on Wednesday that President George W Bush will invite Prime Minister Manmohan Singh and the other leaders of the G-20 countries for a major White House Summit to discuss the Wall Street meltdown.
Hollywood producer Peter Guber says business leaders need to know the power in their roles and not lose sight of the need for drama.
Cities with a strong presence in health care, education, law, energy, and the government will feel the impact of a downturn less.
19-year-old Indian-American pre-med student Atul Nakhasi is suddenly the darling of Democratic Presidential candidates.
Writer Asra Nomani, a friend of Daniel Pearl's, tells Aseem Chhabra why she doesn't believe in A Mighty Heart.
'India has never been a threat to Pakistan. I, for one, and our democratic government is not scared of Indian influence abroad,' Zardari told Wall Street Journal in an interview.
Democracy and terrorism, the two pet themes of the 2005 summit, were largely left unsaid in the official briefing on the September 25 summit. The omission, observers say, speaks volumes about the realities the US is facing in the global war on terror, in responding to Russia's aggressive manoeuvrings, managing anti-US sentiment in Pakistan, and battling a resurgent Taliban in Afghanistan
Back where the crisis started, the stand of half-built skyscrapers, an eyesore along Bangkok's skyline for years, has given way to a modest number of construction cranes and new, completed expressways
US media reports that Meta Platforms, the parent company of Facebook, Instagram, and WhatsApp, could be the latest technology giant to downsize its workforce have triggered trepidation among its 300-400 employees in India, according to people familiar with the matter. "We have not heard much about the impact (of downsizing) on India. "It's a wait-and-watch situation. Certainly, there is uncertainty," said a source.
A few years ago, reports from Hollywood indicated that Oscar-winning actor Halle Berry was to play the Indian-American activist-lawyer Vanita Gupta, who won the 2004 India Abroad Publisher's Special Award, in a film called Tulia.
'We all face challenges in life. It's our approach towards them that absolutely decides what you become.'
Happily, it does not require the world to hold a mirror up for us. We can look at ourselves and understand easily if we choose to be honest about where we find ourselves three quarters of a century after Independence, asserts Aakar Patel.
The selection of Sarah Palin as a running mate has given a major impetus to the campaign of Republican presidential hopeful John McCain, according to the latest poll.The poll, released on Wednesday by the Wall Street Journal and NBC, shows that the Palin factor has lifted enthusiasm among McCain's supporters.It shows that a majority of voters are comfortable with the idea of the first term Alaska governor as vice-president.
A subject like Drona, high on make-believe and enchantment, screams for adventure and surreal in its compositions. And while the soundtrack has its moments, in entirety it's too average to achieve any of these elements.
Google Inc said on Thursday that Andy Rubin, co-founder of its Android mobile business and head of its nascent robotics effort is leaving the company.
GM Chairman and Chief Executive Rick Wagoner is scheduled to outline the plan to employees, the Wall Street Journal reported. "This is real, hard stuff," one person briefed on the plan told the paper. "It not only assures our survival, but will make us a radically leaner, more focused company with much lower fixed cost."
Ruud Lubbers, who resigned as United Nations High Commissioner for Refugees following allegations of sexual harassment, claimed he took the step to help Annan, 'who is facing a series of problems.'\n
A deal between MTN and RCom could be announced this weekend despite threats of legal action to block the deal, the Wall Street Journal said in a report in its online edition on Thursday, quoting two unnamed people familiar with the situation. The report added that the two companies are "getting very close to announcing the deal. If there are no last-minute disagreements, the announcement may come as early as Sunday or sometime next week."
'As long as the military and the madrassas rule just across the border, Afghanistan will never find peace,'says Chris Patten.
Citigroup Inc is closing a hedge fund co-founded by chief executive officer Vikram Pandit, 11 months after the bank bought the fund management company for more than $800 million.
The poll, which has margin of error of 3.1 percentage points, found that just 19 per cent of Americans now say that nation is headed in the right direction, while 68 per cent say things in the US 'are on the wrong track.'
Ailing auto maker Chrysler is preparing to file for bankruptcy protection as early as next week, irrespective of whether the company reaches a deal with its lenders or forges an alliance with Italian entity Fiat SpA, says a media report.
On the Sensex chart, IndusInd Bank, SBI, Dr Reddy's, NTPC, ICICI Bank, HCL Tech and Bajaj FinServ emerged as major laggards.
The number of Asians sitting for the West's benchmark qualification for financial market literacy has outstripped candidates from the US -- marking another milestone in the region's rapidly growing influence on global markets
You say the era of private business travel is over? Here's one alternative.
Indian Parliament would need to ratify New Delhi's commitment to the agreement by June in order for Congress to have the time to pass the nuclear pact into US law before President George W Bush leaves office, The Wall Street Journal noted, citing State Department officials. "But a lack of action in India in recent months is leading many in Washington to believe the Bush administration has run out of time," the paper said.
Bharti's talks with South African mobile operator MTN Group Ltd are now centered on a full takeover by the Indian operator for a combination of cash and stock, The Wall Street Journal said quoting a person familiar with the situation. The person said Bharti was considering paying as much as $20 billion in cash, said the paper. Bharti said on Tuesday it was in talks with MTN to 'combine the strengths of the two leading players from emerging markets.
The rally was bouyed by metal and realty stocks. Market breadth on the BSE was positive. Out of 3,116 stocks traded, 1,780 advanced while 1,204 declined.
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