117 articles
Colorado cake case pits religion against tolerance DENVER | Colorado baker Jack Phillips was found guilty of discrimination for refusing to prepare a wedding cake for a same-sex couple, but his attorneys said Monday that...
Zuckerberg will be on India from Oct.9-10 to attend and address the summit Internet.org. Internet.org ‘s aim is to make Internet affordable to the 5 billion people across the globe. Internet.org is a group that Zuckerber...
Reliance Industries chairman Mukesh Ambani has topped the Forbes magazine's list of the top 100 richest tycoons in India for the eighth consecutive year with a net worth of $23.6 billion, up $2.6 billion from last year....
SOMPRIYA FINE SPIRITS, LLC Announces the Launch of SOMRUS, The Original Indian Cream Liqueur A first of its kind product to roll out in Illinois, New Jersey & New York CHICAGO, IL – SEPTEMBER 2014 – Chicago-based SomPriy...
Phaneesh Murthy, CEO of iGATE enterprises fired. He is accused of sexually harassing an employee. He, of course is denying the charges. He was asked to resign from Infosys in 2002 for sexual harassment charges against hi...
Restaurants and washrooms may have provided the ambience for some brilliant ideas, but for telecom operator Uninor, the flicker of inspiration came when a top executive was on his way home in an autorickshaw. Uninor Maha...
A Utah man who claims he has saved a McDonald's hamburger since 1999 has gone public with his at-home experiment. The sandwich looks nearly identical to when David Whipple bought it. He went on the television show The Do...
Days after ( (WIEF) dropped Gujaratchief minister Narendra Modi as its keynote speaker, ( chairman, Manipal Global, turned down the invitation to speak at the annual event, saying that he is upset at the way India is tre...
holder of a Harvard M.B.A., protégé of Clinton Treasury Secretary ( former vice president at ( ( chief operating officer at ( ( and mother of two young children—believes women are holding themselves back. In "Lean In," s...
Best Buy Co. said Monday it has ended its program that allowed corporate employees to control their schedules and how often they showed up at the company’s Richfield headquarters. Known as Results Only Work Environment (...
He's been named the ( a self-made mogul behind the Zara fashion house who has amassed a staggering fortune estimated at $US57 billion ($55 billion). But search for a photograph of Amancio Ortega online or any information...
Young Electronics Engineer commits suicide - was maybe asked to spy by the chinese government On June 24 last year, the body of a young US electronics engineer, Shane Todd, was found hanging in his Singapore apartment. P...
Titan boss Maurice Taylor tells French they have 'beautiful women' but 'no idea how to run a business' An American tyre tycoon has fired off a second virulent missive to France's industry minister, saying his country has...
Google looks to cut funds to illegal sites The web search giant, which is embroiled in a long-running row over the way it deals with pirated material, is considering the radical measure so that it can get rid of the root...
The showdown between global steel giant ArcelorMittal and France over its Florange plant hit new heights on Monday as a minister said the company was no longer welcome in the country. A source close to the matter said co...
Economic Policy and Development: India's Evolving Path India's economy has undergone dramatic transformation in recent decades. Understanding this transformation and ongoing debates is essential for informed citizenship....
There was a time when the holiday shopping season began the day after Thanksgiving. Then it began on Thanksgiving itself. Then it began in early November. At some point in the recent past, Christmas decorations began app...
Guardian is collecting stories on Steve Jobs through readers comments . Steve Jobs changed the tech world and for the better ... but people generally knew him as a selfish and self-centered person. Some stories will amaz...
Understanding Indian Politics India's politics is complex—federal system, multiple languages, religions, castes, and classes create extraordinary diversity. Understanding Indian politics requires understanding this diver...
Technology and Modern Life Technology has transformed how we communicate, work, and live. Understanding technology's role in society is essential for the modern world. The Speed of Change Technological change accelerates...
Self-Driving Cars Approved by California Legislature In California, it's illegal to talk on a cell phone handset while driving your car. The reasoning is pretty simple: with one hand glued to your smartphone, not only ar...
In the crowded landscape of the American food industry, the story of Deep Foods stands out as a remarkable account of immigrant entrepreneurship, cultural preservation, and business acumen that transformed a small family...
It was a rare moment to see the Chairman of such a big company, delve into personal memories of an era gone by, and that too on a public platform. I am talking about Suzuki Motor Corp. Chairman Osamu Suzuki's nostalgic m...
Apple Inc. on Monday gave a federal judge a list of eight Samsung Electronics Co. products it wants pulled from shelves and banned from the U.S. market, including popular Galaxy model smartphones. U.S. District Judge Luc...
Apple is Wall Street's all-time MVP -that's Most Valuable Property. On Monday, Apple's surging stock propelled the company's value to $624 billion, the world's highest, ever. It beat the record for market capitalization...
Google's announcement of significant workforce reductions—concentrated in its hardware, recruiting, and certain product divisions—reflected the technology industry's broader recalibration following years of aggressive hi...
Many American companies have been lauded for their rapid rise to greatness, a process that sometimes takes less than a decade. These firms become leaders in their industries, are renowned for innovation, phenomenal growt...
Steve Wozniak, who co-founded Apple with the late Steve Jobs, predicted "horrible problems" in the coming years as cloud-based computing takes hold. Wozniak, 61, was the star turn at the penultimate performance in Washin...
Randi Zuckerberg — older sister of Facebook founder Mark Zuckerberg, former director of market development at Facebook, and briefly a reality television producer — made news in 2012 when it emerged that she had joined Go...
The next time you perform a calculation in Google's search box, be prepared for a surprise. New Google calculatorGoogle launched a new feature that displays a scientific calculator as well as the results of your calculat...
McDonald's made one of the most improbable brand pivots in fast food history when it invested heavily in upgrading its coffee program, launching the McCafé platform with espresso drinks and specialty beverages that posit...
German court bans Samsung from selling its Galaxy Tab 7.7 across the European Union, but allows Samsung to continue selling its Tab 10.1N. The patent war between Apple and Samsung rages on. The latest victim is Samsung's...
A robust and self-sustaining U.S. recovery is not on the cards, and we should now expect below trend growth for many years to come, according to Nouriel Roubini, the economist famed for his bearish views. Roubini, best-k...
The software industry in India's technology capital, which has been a beneficiary of benign government neglect, is concerned that the malevolent gaze of arcane rules and regulations may be falling upon it. Employers in B...
That Fresh Look, Genetically Buffed A small company is trying to bring to market a genetically engineered apple that does not turn brown when sliced or bruised. But it has much of the rest of the apple industry seeing re...
Seeing a celebrity endorse a pair of shoes alters a woman's brain activity - even if she does not drop everything to get her feet into the latest Jimmy Choos, a study suggests. A Dutch team scanned the brains of 24 women...
Allegedly upset over her techie-husband's upcoming assignment in the US, homemaker H Sowmya Vishwanath, 25, hanged herself at their house in Channasandra, near Whitefield, on Monday night. Sowmya, a native of Bijapur, ma...
FINS: Facebook to Launch Job Postings Board--Sources Facebook Inc. (FB) is planning to launch its own job board later this summer, said people familiar with the matter. The board will aggregate the job postings of third-...
The story of contemporary India is the story of coming to terms with the legacy of two families: the Gandhis and the Ambanis. Taken literally, this statement is, of course, absurd. But it is often a summary way of thinki...
Apple has paid $60 million to settle a dispute in China over ownership of the iPad name, a court announced Monday, removing a potential obstacle to sales of the popular tablet computer in the key Chinese market. Apple's...
In July 2012, CNN anchor Anderson Cooper publicly confirmed that he is gay in an email to Daily Beast columnist Andrew Sullivan, which Sullivan published with Cooper's permission. The statement was characteristically dir...
The death of a Cognizant Technology Solutions employee found unresponsive in a US hotel room drew attention in India both because of the circumstances — a young Indian IT professional working abroad, far from family — an...
The conviction of Rajat Gupta in June 2012 on four counts of securities fraud and conspiracy marked the end of a legal proceeding that had captivated both the business world and the Indian-American community — not becaus...
Barnes & Noble has apologised to a 73-year-old man who was kicked out of one of its stores for browsing the children's section on his own. Dr. Omar Amin, from Scottsdale, Arizona, said he was asked to leave after a femal...
The conversation about inequality in America has increasingly centered on a distinction that was, until relatively recently, obscured by the broader category of "the rich": the difference between the merely affluent — do...
In the wake of the Andhra Pradesh High Court order striking down the 4.5 per cent sub-quota to minorities within OBC reservation, IITs have decided to abide by the ruling, "ignoring" the quota provision till further lega...
In 2011, the Bill and Melinda Gates Foundation launched the Reinvent the Toilet Challenge — a competition inviting researchers and engineers to design a toilet that could function safely and hygienically without connecti...
On the surface, Thomas Langenbach had it all. A $2 million home with a killer view high up in the hills of San Carlos, California; a wife; two children; a nanny; and a prestigious job at technology giant SAP. But when po...
A civil lawsuit filed in 2012 against a prominent Indian-American executive — identified in various reports as a senior figure in the financial services industry — alleged a pattern of unwanted sexual advances, harassmen...
Indra Nooyi, the PepsiCo CEO whose career trajectory from Chennai to one of the most powerful positions in global business became a touchstone story in discussions of Indian-American achievement, has spoken in various in...
The phenomenon known as "vanity sizing" — the practice by clothing manufacturers of labeling garments with smaller size designations than their actual measurements correspond to, in order to flatter consumers and encoura...
When IBM banned employees from using Siri, Apple's voice assistant, on company devices, the technology press reported it with a mix of amusement and raised eyebrows. The concern IBM articulated was data privacy: conversa...
Gina Rinehart, the Australian mining magnate who by 2012 had become the world's richest woman with a fortune estimated at over twenty billion dollars, represented an unusual figure in the global conversation about wealth...
Big Tech and Society: Power, Responsibility, and the Path Forward The technology companies that shape modern life—Google, Facebook, Apple, Amazon—wield unprecedented influence. Understanding this influence and its implic...
Billionaire Indian industrialist Mukesh Ambani's wife Nita describes their 27-storey Mumbai house Antilla as a "modern home with an Indian heart" and the "only home we have in the world." The ultra-luxurious 400,000 sq f...
Facebook's experiment with charging page owners in New Zealand to "promote" posts to their own followers drew sharp criticism in 2012, exposing tensions between the social network's business model and user expectations b...
SEC subpoenas Chipotle in hiring probe Chipotle Mexican Grill Inc on Friday said it received a subpoena from the Securities and Exchange Commission as part of that agency's investigation into the burrito chain's hiring p...
Although companies have focused greater attention on the need for ethical practices over the past few decades, male business professionals who self-report high ethical character earn, on average, 3.4% less than their pee...
Scott Thompson's tenure as Yahoo CEO lasted approximately four months. He departed in May 2012 after it emerged that his official biography — circulated to investors, employees, and the public — contained a fabrication:...
The argument has a certain seductive logic: raise taxes on the wealthy, and they'll simply leave — taking their capital, their businesses, and their economic activity with them, leaving behind a smaller tax base and, ult...
Bill Gates has been cast as many things over the decades — college dropout turned tech visionary, ruthless monopolist, philanthropist attempting to rewrite his legacy, global health crusader. But a comic book hero? That...
A quiet but growing trend emerged in the early 2010s: more Americans than at any previous point were formally renouncing their United States citizenship, and taxes were a central reason why. The numbers, while still smal...
Best Buy CEO Brian Dunn resigned abruptly, with the company announcing that an internal investigation had found evidence of an "inappropriate relationship" with a female employee. The departure was swift and the circumst...
The camera industry was confronting a genuinely disruptive question by 2012: had the smartphone camera become good enough that most people no longer needed or wanted a dedicated camera? The iPhone 4S, with its 8-megapixe...
Prem Ganapathy arrived in Mumbai from Tamil Nadu in 1992 with almost nothing. The story of how he built Dosa Plaza — a chain with dozens of outlets across India and abroad, generating revenues in the tens of crores — is...
Manoj Bhargava, the reclusive founder and CEO of 5-hour Energy, occupies one of the more unusual positions in American business: he is almost certainly one of the wealthiest people in the United States, worth an estimate...
EXCERPTS FROM MS FISHER'S LETTER 'Ms. Fisher was scared. She was a nervous wreck but attempted to appear relaxed. She sat down on one of two love seats in the sitting room. She was worried when you came over and sat dire...
The claim that deficits don't matter is associated most famously with Dick Cheney's remark to then-Treasury Secretary Paul O'Neill that "Reagan proved deficits don't matter" — a statement that outraged fiscal conservativ...
When white leaders succeed, people often say it is because they are competent. When black leaders succeed, people say it happened despite their incompetence. At least, that's what two business-school professors found aft...
The European Commission fined eight consumer goods companies a combined €315.2 million in 2011 for operating a price-fixing cartel in the laundry detergent market, exposing years of clandestine coordination between compa...
Social networking site Facebook will now have an employee from the Indian Institute of Technology-Delhi. After trying - and failing - to recruit students from the institute last year, Facebook came back to the campus thi...
The remarkable success of Indian-origin executives at the helms of global companies — from Microsoft to Google to IBM to Pepsi — has generated considerable analysis about what, if anything, distinguishes their leadership...
On July 24, 1959, in the depths of the Cold War, Vice President Richard Nixon and Soviet premier Nikita Khrushchev stood face-to-face, close enough to smell each other's breath. Dozens of journalists and dignitaries crow...
In the autumn of 2011, the European sovereign debt crisis reached a pitch of intensity that had serious economists and policymakers openly contemplating what had previously been unthinkable: the possible dissolution of t...
Technology and Modern Life Technology has transformed how we communicate, work, and live. Understanding technology's role in society is essential for the modern world. The Speed of Change Technological change accelerates...
In a big-ticket policy decision, the cabinet on Thursday opened the high-growth retail sector to foreign chains. That means people can soon shop at international department stores such as Walmart, Carrefour and Tesco in...
Reports of boardroom tension at PepsiCo surrounding CEO Indra Nooyi's strategic direction sparked speculation about whether the long-serving chief executive's position was at risk. Nooyi, who had led the company since 20...
The world's most expensive home is lying unused and abandoned because its billionaire owners believe moving in will bring them bad luck. The 27-storey, billion-dollar tower in Mumbai, called Antilia, is said to have fall...
By the time Occupy Wall Street's encampment at Zuccotti Park was cleared by New York City police in November 2011, the media narrative about the movement had calcified into a set of impressions that were, at best, incomp...
LONDON - Protesters inspired by the growing 'Occupy Wall Street' movement in the U.S have today taken over the City of London. Thousands have descended on the area known as the Square Mile - under the banner 'Occupy the...
When the Commonwealth heads of government meet in Australia later this month, one prominent leader is almost certain to be conspicuously absent: India's Prime Minister Manmohan Singh. India is a strong backer of the asso...
The owner of an Iowa convenience store chain has been called "the boss from hell" by a former worker who claims he offered prize money to employees who predicted which of their colleagues would be fired next. A judge dec...
Youth The Jobs family Steve Jobs was born on February 24, 1955, in the city of San Francisco. His biological mother was an unwed graduate student named Joanne Simpson, and his biological father was a political science or...
Apple doesn't often fail, and when it does, it isn't a pretty sight at 1 Infinite Loop. In the summer of 2008, when Apple launched the first version of its iPhone that worked on third-generation mobile networks, it also...
The initial public offering process is often portrayed as a celebration — the moment a private company graduates to the public markets, raises capital, and lets early investors finally cash out. But for many companies, t...
By now, it is well established that more and more employees are increasingly using their mobile handsets for work related tasks. There is no dearth of statistics on the web that will reinforce this if you are not yet con...
For generations, Procter & Gamble Co.'s growth strategy was focused on developing household staples for the vast American middle class. Now, P&G executives say many of its former middle-market shoppers are trading down t...
Once a Leader, Yahoo Now Struggles to Find Its Way ( has been one of the most-visited sites on the Internet since its glory days as a Web portal. Yet as the rest of the Internet moved on to social networks and mobile dev...
India's most consequential export may not be software, pharmaceuticals, or textiles. It may be CEOs. The Banga brothers are the most visible current example of a phenomenon that has been quietly reshaping global corporat...
One Sunday morning, January 6th, 2008 I was attending religious services when my cell phone vibrated. As discreetly as possible, I checked the phone and noticed that my phone said "Caller ID unknown". I choose to ignore....
Groupon Stumbles in China, Closes Some Offices SHANGHAI - A wave of layoffs at Gaopeng.com, the Chinese arm of US-based Groupon Inc, signals a dramatic turnaround for a company that just months ago aimed to dominate Chin...
The phone-hacking scandal that engulfed News International in 2011—revelations that journalists at the News of the World had hacked into the voicemails of murder victims, terrorism survivors, and members of the royal fam...
A teenager in Huaishan, Anhui Province has sold one of his kidneys to buy an iPad2 tablet computer, as reported by SZTV on June 1. The 17-year-old man surnamed Zheng, a freshman in high school, got connected with a kidne...
For three decades, China's formula seemed unbeatable: invest heavily in infrastructure, manufacturing, and export capacity, and let growth take care of the rest. It worked spectacularly. China lifted hundreds of millions...
Technology and Modern Life Technology has transformed how we communicate, work, and live. Understanding technology's role in society is essential for the modern world. The Speed of Change Technological change accelerates...
JCPenney's search engine ranking collapsed in February 2011 after a New York Times investigation revealed that the retailer had been benefiting from a massive link-buying scheme—a violation of Google's webmaster guidelin...
Technology and Modern Life Technology has transformed how we communicate, work, and live. Understanding technology's role in society is essential for the modern world. The Speed of Change Technological change accelerates...
It is almost two years since the German Government had passed on the names and bank account details of eighteen Indians who had stashed their alleged ill-gotten wealth in the LGT bank of Liechtenstein, a well-known tax h...
Here is a very interesting interview of Steve Jobs after he was just kicked out of Apple in 1985. He doesn't beat around the bush on getting fired and his disappointment. However what's even more remarkable is how he has...
Understanding Indian Politics India's politics is complex—federal system, multiple languages, religions, castes, and classes create extraordinary diversity. Understanding Indian politics requires understanding this diver...
Good folks at Linkedin did some analysis and have given us a list of words to avoid. Interestingly the Indian habit of calling people Dynamic has crossed over to internet as well. Americans on the other hand have the emp...
Goldman Sachs entered 2010 as one of the most admired and most reviled institutions in American finance simultaneously — a distinction that required a particular kind of excellence to maintain. The firm had navigated the...
Big Tech and Society: Power, Responsibility, and the Path Forward The technology companies that shape modern life—Google, Facebook, Apple, Amazon—wield unprecedented influence. Understanding this influence and its implic...
Credit default swaps (CDS) measuring risk on German, French and Dutch bonds have surged over recent days, rising significantly above the levels of non-EMU states in Scandinavia. "Germany cannot keep paying for bail-outs...
Mighty US Dollar is about to go the same way of once mighty British Pound. China daily reports that China and Russia have decided to renounce the US dollar and resort to using their own currencies for bilateral trade, Pr...
The business advice that chief executives give in interviews and commencement addresses tends to cluster around a small set of durable themes — hire well, focus relentlessly, be willing to be wrong, build culture before...
The Western debate about the hijab has been conducted almost entirely on the assumption that the question is about tradition versus modernity, religion versus secularism, constraint versus freedom. Young Muslim women who...
To address the enduring and intertwined problems of hunger, child malnutrition and illiteracy, India launched the Mid-Day Meal Scheme, the largest school-lunch program in the world, back in the 1960s. Today the program f...
A growing number of British students are choosing Indian universities for undergraduate education, with the University of Pune emerging as a popular destination driven by lower tuition costs, strong academic programs, an...
The list of Indian American executives at the top of the Fortune 500 compensation tables has grown long enough that it no longer carries the element of surprise that it once did. Sundar Pichai at Alphabet, Satya Nadella...
The gender gap in STEM fields — science, technology, engineering, and mathematics — has been studied so extensively that the volume of research now exceeds the clarity of its conclusions. What the evidence does establish...
the product of 15 months of intensive work within Facebook dubbed "Project Titan," has received intensive attention in the tech media in recent days based on the speculation that it would in one fell swoop eclipse the wo...
When the Chinese conglomerate made its offer for the mid-sized British engineering firm, the British employees gathered in the canteen to hear a reassuring presentation from the new owners' representatives and came away...
The sovereign debt crisis that rolled through the eurozone between 2010 and 2012 followed a pattern that economists found easier to identify in retrospect than to arrest in real time. Each country's crisis was presented...
Facial recognition technology was advancing faster than the legal and regulatory frameworks designed to govern it—and in 2012, a wave of startups and established tech companies were competing to build the most accurate c...
When leaders of the world's largest economies gather for a summit in Seoul this Thursday, their mantra will be "global rebalancing." The idea is to change the world economy so that it relies less on American consumers an...
