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Life and Careers

  • Bill & Melinda Gates Foundation names new CEO
    The Bill & Melinda Gates Foundation said on Tuesday its new chief executive would be Susan Desmond-Hellmann.
  • Reliance Industries appoints Adil Zainulbhai as independent director on its board
    Reliance Industries on Friday announced appointment of Adil Zainulbhai as independent director on its board.
  • Janet Yellen nomination to head Fed clears US Senate procedural hurdle
    Janet Yellen, an unwavering advocate of the Federal Reserve's aggressive steps to boost the US economy, on Friday took a big step toward becoming the first woman to head the central bank as her nomination cleared a Senate Republican procedural hurdle.
  • HDFC Bank elevates Paresh Sukthankar as deputy managing director
    HDFC Bank, India's second largest private sector lender, on Tuesday promoted Paresh Sukthankar as its deputy managing director.
  • Vineet Nayar steps down from HCL Technologies board
    IT industry veteran Vineet Nayar on Friday stepped down from the board of Indias fourth largest software services firm, HCL Technologies, to devote more time to his foundation.
  • Idea MD's yearly remuneration cap doubled to almost Rs 10 crore
    Idea Cellular shareholders have agreed to almost double the pay package ceiling of the telecom firm's managing director, Himanshu Kapania, to about Rs 10 crore per annum.
  • Vedanta CEO Mehta to stay on until March
    India-focused mining company Vedanta Resources Plc said on Tuesday its chief executive Mahendra Singh Mehta had agreed to stay on at the helm until the end of March 2014, giving the London-listed miner time to search for his successor.
  • Jobs up 5.7%, wages 16.9% in 2011-12: government
    Total persons engaged in different industries were 1.33 crore in 2011-12 as compared to 1.27 crore in 2010-11, as per the survey released by the Ministry of Statistics and Programme Implementation.
  • New Year cheer: 8.5 lakh new jobs expected in 2014
    Companies are gearing up to add over 8 lakh new employees to their payrolls and dole out salary hikes of up to 20 per cent to best performers in 2014, say experts.
  • Infosys ex-board member Balakrishnan joins AAP
    In a surprise move, V Balakrishnan, who stepped down as board member of software behemoth Infosys recently creating ripples in the corporate circles, has joined the Aam Admi Party.
  • India-born executive Satya Nadella among candidates to lead Microsoft
    India-born senior Microsoft executive Satya Nadella is among the top two likely candidates whose name is being considered for becoming the next chief executive of the worlds biggest software company, replacing longtime chief executive Steve Ballmer.
  • Amul chairman Vipul Chaudhary removed from post
    Vipul Chaudhary, chairman of Gujarat Cooperative Milk Marketing Federation (GCMMF) that markets its products under the Amul brand, has been removed from the post.
  • Microsoft considers Ericsson CEO for top job: report
    Microsoft Corp is considering Ericsson's chief executive, Hans Vestberg, as a possible successor to outgoing CEO Steve Ballmer, Bloomberg reported, citing sources briefed on the software giant's executive search.
  • Reliance Globalcom appoints William Barney as CEO
    Reliance Globalcom, a unit of Reliance Communications (RCom), on Friday appointed William (Bill) Barney as chief executive of its three offshore businesses, comprising Flag Telecom, Yipes and Vanco.
  • Yahoo's fired No. 2 made more than his boss
    It's hard to shed too many tears for Henrique de Castro, who was fired this week as Yahoo's No. 2 executive.

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