Life and Careers

Gift sales to touch Rs 18,000 crore in Valentine's week: survey

Gift sales to touch Rs 18,000 crore in Valentine's week: survey

Wednesday February 12, 2014, New Delhi

Notwithstanding the lingering economic slowdown, companies are ready to cash in on Valentine's Day celebrations and sales of gifts such as flowers, chocolates, toys and gadgets are expected to touch a whopping Rs 18,000 crore during the week, according to a survey by the Associated Chambers of Commerce and Industry (Assocham).

MIT emails applicants falsely stating they were selected

MIT emails applicants falsely stating they were selected

Thursday February 13, 2014, Boston

The MIT sent an email to applicants last week about financial aid with a line at the bottom that read: "You are on this list because you are admitted to MIT!"

MCX chief executive Manoj Vaish gets salary of over Rs 3 crore

MCX chief executive Manoj Vaish gets salary of over Rs 3 crore

Sunday February 16, 2014

As Multi Commodity Exchange (MCX) seeks to reinvent itself away from shadows of its founder Jignesh Shah-led Financial Technologies group, its new CEO Manoj Vaish will get an annual remuneration of over Rs 3 crore.

Sebi chief to begin new term as government notifies extension

Sebi chief to begin new term as government notifies extension

Sunday February 16, 2014

Securities and Exchange Board of India (Sebi) chairman U K Sinha is set to begin a new term in office as the government has notified a two-year extension to him.

Biocon chief Shaw to replace Mukesh Ambani as IIM Bangalore board chairperson: report

Biocon chief Shaw to replace Mukesh Ambani as IIM Bangalore board chairperson: report

Tuesday February 18, 2014

Top business school Indian Institute of Management Bangalore (IIMB) is set to see a change in its governing body with industrialist Mukesh Ambani being replaced by Kiran Mazumdar Shaw as chairperson, according to sources.

Hedge fund manager Griffin gives $150 million to Harvard

Hedge fund manager Griffin gives $150 million to Harvard

Thursday February 20, 2014, Boston

Griffin, who graduated from Harvard 25 years ago, said the gift will mainly support the university's financial aid program, benefiting as many as 800 undergraduate students every year.

Many new CEOs expected to be 'external hires': experts

Many new CEOs expected to be 'external hires': experts

Sunday February 23, 2014, New Delhi

According to a study by executive search firm MANCER Consulting, as much as 30 per cent of the new CEOs this year are expected to be 'external hires' as companies seek candidates who have a global approach, along with proven capabilities and experience, which may not be available in their internal talent pool.

Soon, goods to be delivered directly to your car

Soon, goods to be delivered directly to your car

Sunday February 23, 2014, London

The consumers will be able to facilitate the delivery through their mobile devices such as a tablet or a smartphone, and they will be notified once the delivery has been made or will be picked up from their cars.

Personal assistant apps gather, manage online bills, banking

Personal assistant apps gather, manage online bills, banking

Tuesday February 25, 2014

Apps like FileThis, for Web applications, are designed to simplify online accounts by putting all the documents in one place and making them accessible by using one password.

Warren Buffett's Berkshire Hathaway compensation rises 15 per cent to $485,606

Warren Buffett's Berkshire Hathaway compensation rises 15 per cent to $485,606

Saturday March 15, 2014, Omaha, US

Warren Buffett's compensation from Berkshire Hathaway Inc rose 15 per cent last year to $485,606, although the billionaire's salary remained $100,000.

India-born executive may head Nokia: report

India-born executive may head Nokia: report

Saturday March 15, 2014

After Satya Nadella, it may now be the turn of another Mangalore University graduate to head a Fortune 500 company.

Tech Mahindra may shift Gupta to head key verticals in US: report

Tech Mahindra may shift Gupta to head key verticals in US: report

Sunday March 16, 2014

Tech Mahindra's head of Australia and New Zealand operations, Bobby Gupta, may be shifted to the US as head of strategic initiatives, according to sources close to the development.

Hindujas among Britain's top 3 richest families: Oxfam

Hindujas among Britain's top 3 richest families: Oxfam

Monday March 17, 2014, London

The Hindujas, owners of the Hinduja Group conglomerate, have emerged as the third richest family in Britain, according to an analysis by anti-poverty charity Oxfam released on Monday.

RBI Deputy Governor Chakrabarty resigns

RBI Deputy Governor Chakrabarty resigns

Thursday March 20, 2014

Reserve Bank of India (RBI) Deputy Governor Kamalesh Chandra Chakrabarty has submitted his resignation because of personal reasons.

Anand Mahindra, Lakshmi Mittal in Fortune list of world's greatest leaders

Anand Mahindra, Lakshmi Mittal in Fortune list of world's greatest leaders

Thursday March 20, 2014

Indian business honchos Anand Mahindra and Lakshmi Mittal are among the world's 50 greatest leaders, according to Fortune magazine.