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Life and Careers

  • Gift sales to touch Rs 18,000 crore in Valentine's week: survey
    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
    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
    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
    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
    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
    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
    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
    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
    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 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
    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'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
    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
    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
    Indian business honchos Anand Mahindra and Lakshmi Mittal are among the world's 50 greatest leaders, according to Fortune magazine.

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