Citigroup said it will pay $15.5 million to Vikram Pandit, its former chief executive who resigned from company last month, as well as to his top deputy.
Indian-origin CEO of Datawind, the maker of India's low-cost tablet Aakash, Suneet Singh Tuli and Massachusettes Institute of Technology professor Anant Agarwal have been named by Forbes magazine among the 15 "classroom revolutionaries" who are using innovative technologies to reinvent education for students and teachers globally.
U.S. Treasury Secretary Timothy Geithner plans to stay on into early next year to help the Obama administration forge a deal with lawmakers to avert a looming fiscal crisis, the White House said on Friday.
The Reserve Bank of India (RBI) Governor Duvvuri Subbarao's standoff with a finance ministry that wants interest rates reduced sooner rather than later may prove the defining moment of his tenure. But while he wins plaudits for asserting the RBI's autonomy, Subbarao's policy draws mixed reviews.
Fifteen people were picked up for questioning in connection with the killing of liquor baron Ponty Chadha and his younger brother Hardeep, who were locked in a dispute over ownership of a farmhouse in south Delhi.
Two letters written by Mahatma Gandhi, including one to Rabindranath Tagore's eldest brother Dwijendranath, will go under the hammer next month at a Sotheby's auction here.
Filmmaker Ram Gopal Varma says "Sarkar" and "Sarkar Raj" would not have been possible without Bal Thackeray and adds some of the dialogues in the film were inspired by the Shiv Sena supremo.
Reliance Industries Chairman Mukesh Ambani has condoled the demise of Shiv Sena supremo Bal Thackeray saying the country has lost a great leader.
The proud host of India's first Starbucks cafe, a melting pot of migrants and the nation's most cosmopolitan city -- the Mumbai of today is not what Bal Thackeray claimed to fight for.
A stream of eminent personalities from politics, films and corporate world reached the historic Shivaji Park ground here to attend the last rites of Shiv Sena supremo Bal Thackeray.
Investigators today said the killing of liquor baron Ponty Chadha and his younger brother Hardeep was sparked off by the former's alleged attempt to take possession of a south Delhi farmhouse on which they were locked in a dispute over ownership.
Bal K. Thackeray, a newspaper cartoonist who became a powerful influence in this city by championing and stoking the grievances of the native population and Hindus against outsiders and Muslims, died Saturday at his home in Mumbai. He was 86.
Nokia's long-time imaging chief Damian Dinning has decided to leave the loss-making cellphone maker at the end of this month, the company said in a statement.
Tata Group head Ratan Tata has said that though India had many changes of government, the outlook "might not be as bad" as one might think.
Government has pegged that the current account deficit during this fiscal to be at 3.5 per cent of the GDP, much higher than the expected levels, and there was need to bring it down at "moderate levels", Dr C Rangarajan, chairman of Prime Minister's Economic Advisor Council (PMEAC) said on Wednesday.