People

Kaushik Basu to take over as Chief Economist of World Bank

Kaushik Basu to take over as Chief Economist of World Bank

Wednesday September 05, 2012, Washington

The World Bank on Wednesday named Kaushik Basu, a Cornell University professor and former Indian official, as the institution's new chief economist and senior vice president.

Mamata Banerjee among 50 most influential in financial world

Mamata Banerjee among 50 most influential in financial world

Reported by Press Trust of India | Thursday September 06, 2012, Kolkata

West Bengal Chief Minister Mamata Banerjee figures in the list of 50 most influential people in the world of finance as rated by Bloomberg Markets magazine.

Putin: Asia can count on Russia for energy supply

Putin: Asia can count on Russia for energy supply

Friday September 07, 2012

President Vladimir Putin promised Asia and Pacific leaders meeting in the seaport of Vladivostok on Friday that they could count on Russia to be a reliable energy supplier and provide a bridge to Europe that can help revitalize regional trade.

Verghese Kurien, father of White Revolution, dies at 90

Verghese Kurien, father of White Revolution, dies at 90

Sunday September 09, 2012

Verghese Kurien, the father of White Revolution in India and the founder of Amul, died after a brief spell of illness early on Sunday at Nadiad in Gujarat. He was 90.

Verghese Kurien: The architect of India's White Revolution

Verghese Kurien: The architect of India's White Revolution

Sunday September 09, 2012

He made the ordinary, neighbourhood 'doodhwala' (milkman) a key player in the country's struggle for economic development and progress at the grassroot level. Verghese Kurien, the man who brought milk revolution in the country, died early Sunday in Gujarat.

PM's assets double in value to Rs 10.73 crore in a year

PM's assets double in value to Rs 10.73 crore in a year

Sunday September 09, 2012

Prime Minister Manmohan Singhs assets have doubled over the year to Rs 10.73 crore. But a number of his cabinet colleagues are much richer than him.

Onno Ruhl appointed World Bank country director for India

Onno Ruhl appointed World Bank country director for India

Monday September 10, 2012, New Delhi

Ruhl joined the World Bank in 1993 and has held various positions within the bank in east and central Asia and Africa, the statement said.

First laptop designer Bill Moggridge dies

First laptop designer Bill Moggridge dies

Monday September 10, 2012, New York

His computer, the Grid Compass, was designed in 1979 and initially used by the US military. It retailed at $8,150 and was installed on board the space shuttle Discovery in 1985.

Obama most admired foreign leader in India: Pew research

Obama most admired foreign leader in India: Pew research

Monday September 10, 2012, Washington

US President Barack Obama is the most admired foreign leader in India and a majority of city dwellers in the country want him re-elected, an opinion poll said today.

Harsh Wardhan appointed Topsgrup India Vice Chairman and CEO

Harsh Wardhan appointed Topsgrup India Vice Chairman and CEO

Friday September 14, 2012

Indian security giant Topsgrup, which owns Tops Security Ltd and The Shield Guarding Company Ltd in the UK, has appointed Harsh Wardhan as Vice Chairman and CEO for its Indian operations.

Warren Buffett finishes cancer treatment

Warren Buffett finishes cancer treatment

Sunday September 16, 2012

The billionaire investor broke the news Friday while speaking to a group of executives from newspapers he owns telling them that he had his 44th and last day of radiation therapy.

CRR cut a welcome step in right direction, says Montek

CRR cut a welcome step in right direction, says Montek

Monday September 17, 2012

Lauding the RBI's decision to cut Cash Reserve Ratio (CRR), Planning Commission Deputy Chairman Montek Singh Ahluwalia today said it would have a positive impact on the system and boost confidence in the economy.

Gates, Buffett again top Forbes' billionaires list

Gates, Buffett again top Forbes' billionaires list

Wednesday September 19, 2012, New York

Microsoft Corp. co-founder Bill Gates remains the nation's richest man by far, as the tech and philanthropy giant took the top spot on the Forbes 400 list for the 19th year running, with a net worth of $66 billion.

Five Indian-Americans in Forbes list of US' richest

Five Indian-Americans in Forbes list of US' richest

Thursday September 20, 2012, New York

Gates, 56, whose net worth grew $7 billion from a year earlier to $66 billion in 2012, topped the list for the 19th year in a row.

Jhunjhunwala buys 4.5% in Geometric; hikes stake to 14.55%

Jhunjhunwala buys 4.5% in Geometric; hikes stake to 14.55%

Thursday September 20, 2012, Mumbai

Ace investor Rakesh Jhunjhunwala today purchased a 4.5 per cent stake in Godrej group firm Geometric Ltd from a foreign fund of Credit Suisse for about Rs 30 crore.