Pandit pledged that he would work for $1 a year until his bank returns to profitability.
IIM Ahmedabad produced the most CEOs, followed by IIM Calcutta.
Reader’s Digest is moving its IT operations spanning 45 countries to India.
"The level of depression is pervasive. This is a very dark period. Hope it provokes some serious introspection."
India's fiscal stimulus package
Couple submitted false Medicare claims in 2005 -2006
Unix engineer indicted on charges of computer sabotage for planting the malicious code after he was fired from his job.
Doctor secured private healthcare information on scores of patients and submitted fraudulent claims.
The largest banks that received taxpayer loans announced more than 100,000 layoffs.
IBM is pitching “Project Match” to those who are willing to work on local terms and conditions.
H-1B visa reform legislation is tightening the screws on outsourcing companies.
The Satyam debacle will have an enormous impact on India’s business scene over the coming months.
Reflections on the Rupee - and candy.
When the going gets tough, the tough don't skimp on their ad budgets
As President Elect Barack Obama weighs a $800 billion stimulus package, investors in India are cheering a $4 billion stimulus package by the Indian government directed at infrastructure projects and tax cuts.
"The tricolor has landed," proclaimed the Hindustan Times as a box shaped probe painted in India's saffron, white and green flag crash landed on the
Foreign direct investment to India ballooned to $2.56 billion in September, up almost 260 percent over the same month last year.While Indian equities are taking
In a bid to reduce costs, the Health insurer WellPoint Inc. is setting up a pilot program to send patients to India for surgeries. An estimated
Set/Revisit your GoalsTry to set SMART goals. These are goals that are Specific, Measurable, Achievable, Relevant, and Trackable. For example, you may want to create
Advertisers are pouring millions into celebrity endorsements. How much bang are they getting for their bucks?
Jet Airways has hastily rescinded its orders laying off 1,900 probationary crew members to reduce costs. After angry fired employees marched through the airport terminal
Pakistan, seeking to stave off bankruptcy, is pleading for help from its expatriate community. The government, which has also turned to the International Monetary Fund,
Even though India's Deposit and Insurance and Credit Guarantee scheme only protects just Rs 1 lakh ($2,000) in each account (compared to $250,000 that the
In the grand scheme of things, says Michael Clemens, a scholar at the Center for Global Development, the current economic meltdown is nothing but a
India's state-owned carrier Air India, facing almost $800 million in loses this year, is seeking to trim its workforce by half. The company says it
India's benchmark Sensex tumbled 1,070 points, or 11 per cent, to close at 8,701 on Friday, Oct 24, its third biggest loss ever and its
The financial meltdown and a volatile currency markets has hit some of India's largest outsourcing companies. Tata Consultancy Services Ltd., reported profits of $256 million
India demands the equivalent of two Indias to sustain its consumption and waste needs. India's Ecological Footprint - the amount of productive land and sea
Strong growth in India, the Middle East, and Philippines fueled money transfer agent Western Union's profits, despite declines in its U.S. revenues. The company's profit
Outsourcing news operations overseas is being pitched as one solution to the crisis in America's newspaper industry.
Folks, the mother of all deals, Black Friday, is just around the corner.
Anil Ambani takes a $500 million gamble with Hollywood's biggest star.
Has Apple Dialed the Wrong Number?
The Indian Reserve Bank is pumping money to preserve the liquidity of India's financial markets in the wake of the global financial crisis. At the
Reliance has begun pumping oil off the Bay of Bengal, which, the company claims, will boost India's oil and gas by 40 percent in under
Scores of irate dismissed workers bludgeoned the chief executive of an Italian auto parts factory to death outside NoidaLalit Kishore Choudhary, 47 CEO of Graziano
Indian drug manufacturer Ranbaxy has turned to former New York Mayor Rudy Giuliani (who Democratic Vice Presidential Candidate Rudy Giuliani mocked for constructing all sentences
Transparency International 2008 Corruption Perceptions Index ranks India as the 75th most corrupt nation in the world. Denmark, Sweden and New Zealand tied for the
Have you tightened your seat belt for the coming wild economic ride?
Patent registrations in India doubled last year and have risen ten fold in the past five years.India's controller general of patents granted a 15,261 patents