In the news
iGate sacks CEO Phaneesh Murthy over sex harassment charges
21 May 2013
The board of Nasdaq-listed iGate Corp has sacked its president and chief executive Phaneesh Murthy following a sexual harassment case against him.
India-China ties key to world peace: Chinese premier Li Kequiang
20 May 2013
Chinese Premier Li Keqiang today pledged to build trust with India, and declared that ties between the Asian giants were a key to world peace.
Ousted from Citi, Vikram Pandit returns to Indian roots
17 May 2013
Former Citigroup chief executive Vikram Pandit will spearhead the proposed banking venture of Nimesh Kampani’s JM Financial, while also making a strategic investment in the financial services group
Mittu Chandilya appointed CEO of AirAsia India
15 May 2013
Chandilya, 33, was the head of the Asia-Pacific division of global search firm Egon Zehnder International, which focuses on advisory services in aviation, travel and hospitality, among others
Social reformer Asghar Ali Engineer passes away
14 May 2013
Did being a shareholder transform Shakespeare’s writing?
14 May 2013
Shakespeare’s experience as a shareholder in the Globe theatre company influenced his writing and characterisation skills, claims language expert Dr van Es in his book Shakespeare in Company
Bansal claims innocence in Railgate
13 May 2013
Nawaz Sharif set to be Pakistan PM for a third time
13 May 2013
The two-time prime minister, once jailed and exiled following his ouster in a military coup in 1999, has promised to improve relations with both India and Afghanistan
Bansal pushed out of railway ministry; Kharge likely to take over
10 May 2013
The move comes after the CBI told the prime minister that it has evidence that suspended Railway Board member Mahesh Kumar had met Pawan Kumar Bansal on 21 April and 2 May
Railway Scam: Minister's nephew, 4 others in judicial custody
09 May 2013
CBI had booked the five for their roles in the Rs10 crore bribery deal, allegedly finalised for getting Mahesh Kumar appointed to a more lucrative post in the Railway Board as member (electrical)
Former Enron CEO Jeffrey Skilling strikes deal for reduced sentence
09 May 2013
Jeffrey Skilling, the former CEO of Enron Corp who was sentenced to 24 years in prison, was accused of having orchestrated a series of deals to try to hide debts from investors
Brazil’s Azevedo to be next WTO director-general
08 May 2013
Azevedo, 55, becomes the first person from South America and the first representative of a BRICS nation to head the Geneva-based trade body since its inception in 1995
Navroze Dastur appointed as NCR's new MD
08 May 2013
Diageo appoints Indian-origin Ivan Menezes as CEO
07 May 2013
Paul Walsh, who has been chief executive of Diageo for 13 years, will step down as CEO of the liquor giant on 30 June and hand over reins to Ivan Menezes
Basketball legend Michael Jordan sues Chinese sports good retailer Qiaodan
07 May 2013
US basketball legend Michael Jordan has sued Chinese sports good retailer Qiaodan Sports in a Shanghai court for using his name and jersey number to promote its products without permission
Featured articles
Lighter than air, yet very, very powerful
By Kiron Kasbekar | 03 Jan 2024
In March 2013 Chinese scientists pulled off a remarkable feat. They created the world’s lightest aerogel. Tipping the scales at a mere 0.16 milligrams per cubic centimeter – that’s a sixth of the weight of air!
COP28 explained: A closer look at COP28's climate change solutions
By Aniket Gupta | 27 Dec 2023
The 28th United Nations Climate Change Conference, also known as COP28, took place from 30th November 2023, to 13th December 2023, at Expo City in Dubai, United Arab Emirates.
What is a Ponzi scheme?
By Aniket Gupta | 06 Dec 2023
Ponzi schemes have long captivated the public imagination, drawing unsuspecting investors into a web of illusion and deception.
The Rise and Rise of HDFC Bank
03 Jul 2023
HDFC, which surged ahead of global majors like HSBC Holdings Plc and Citigroup Inc and left Indian peers like State Bank of India and ICICI Bank in market capitalisation, now ranks fourth largest among the world’s most valuable banks, after JPMorgan Chase & Co, Industrial and Commercial Bank of China Ltd and Bank of America Corp
India’s Millet Revolution To Enrich Global Food Basket
02 Apr 2023
Millets, a healthier and cheaper substitute to wheat and rice, are indigenous to many parts of the world, especially in the semiarid tropics of Asia and Africa, and offers a big scope for expanding production and consumption in the foodgrain deficient African continent
Market predator Hindenburg preys on Adani stock
06 Mar 2023
Almost a month after the damning report of short-seller Hindenburg Research on the Adani Group that claimed that the seven stocks within the group were about 85 per cent overvalued, one of the group's stocks, Adani Total Gas, closed at Rs835 on the BSE, down nearly 79 per cent from its 24 January level, almost close to reaching that valuation
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