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| Lakshmi Mittal joins Goldman Sachs' board |
 Lakshmi
N. Mittal, world steel tycoon based in England, has joined the board
of directors of Goldman Sachs Group Inc, one of the oldest and largest
investment banking firms headquartered here. Goldman Sachs's board
announced that Mittal will serve on the audit, compensation, corporate
governance and nominating committees. 
read more |
| Indian origin man given key role in Yahoo! restructuring |
 An
Indian-origin man has been given a key role in the restructuring at
Yahoo!. The new structure consolidates responsibility around two senior
executives, Ash Patel, who has been with the company since 1996, and
Hilary Schneider, both working under president Sue Decker. Patel,
as executive vice-president, has so far been responsible for an array
of the company's technology infrastructure.
read more |
| India ranks low among best countries for business: Forbes |
 India
has been ranked 64th in a global list of best countries to do business
in, dropping from 51st place last year. While India has dropped 13
places, China is down two notches to No 79. In the new Forbes study
that compared business climate from various angles in 121 countries,
Denmark tops the list, having displaced the US, last year's leader.
read more |
| Chevron blamed for destroying natural forest in Bangladesh |
 Environmental
groups in Bangladesh are up in arms against a US-based oil giant for
allegedly destroying a natural forest while exploring for oil and
gas near the north-eastern frontier with India. The seismic surveys
conducted by Chevron oil company had caused irreparable damage to
the Lawachhara forest, located near the tea terraces of Sylhet province,
said the Society for Environment & Human Development.
read more |
| USA/CANADA BUSINESS NEWS 2008 |
|
Lakshmi
Mittal joins Goldman Sachs' board (06/08) |
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