Wharton's worth what? Exec awarded $435K over Penn degree without business school's pedigreeOctober 13th, 2009 Degree sans Wharton pedigree means $435K for execPHILADELPHIA — Maybe you can't put a value on education, but a federal jury says a degree from the University of Pennsylvania's prestigious Wharton School of Business is worth $435,000. The Philadelphia jury last week awarded the money to an executive who thought his technology management degree would come from Wharton.
'Poor countries being ignored in economic crisis'October 2nd, 2009 GENEVA - The global community needs to urgently address the marginalisation of the world's poorest countries while discussing ways out of the economic meltdown, says Ujal Singh Bhatia, India's ambassador to the World Trade Organisation (WTO). Marginalisation of low income economies in the multilateral trade policy making process and in international efforts to contain the ongoing economic crisis is an unaddressed challenge in the contemporary global dialogue, Bhatia told the just-ended WTO public forum here.
Princess Diana exhibit to open at National Constitution Center in PhiladelphiaOctober 1st, 2009 Princess Diana exhibit to open in PhiladelphiaPHILADELPHIA — A traveling museum exhibit about the life of Princess Diana will open in Philadelphia on Friday. The exhibit "Diana: A Celebration" is at the National Constitution Center through Dec.
G-20 reflects rise of Asia: Manmohan SinghSeptember 25th, 2009 PITTSBURGH - Prime Minister Manmohan Singh has welcomed a decision to make the Group of 20 as the premier forum for global economic decisions, saying the views of fast growing developing countries like India, China and Brazil have to be taken into account for optimum impact. "With the rise of Asia, with growth of India, China and Brazil, the economic decision-making has to take into account the views of these countries if it is to have an optimum impact," Singh said at a post-summit news conference
The prime minister said the Group of Eight, the once elite club of rich industrial nations, was "ill-equipped" to handle all global issues.
Judge OKs $15M in debtor loans for Philadelphia Newspapers; hearing on auction rules delayedSeptember 21st, 2009 Philadelphia Newspapers gets $15M in debtor loansPHILADELPHIA — A key hearing on rules to govern the bankruptcy auction for Philadelphia Newspapers is on hold while negotiations continue. Senior lenders hope to win The Philadelphia Inquirer, Philadelphia Daily News and Philly.com with a "credit bid." That means they could use some of the $400 million owed them to bid.
India to host Mongolia presidentSeptember 9th, 2009 NEW DELHI - Mongolian President Tsakhia Elbegdorj comes here Sunday on a four-day state visit -- his first overseas trip after assuming office. Elbegdorj will hold delegation-level talks with Prime Minister Manmohan Singh on a broad array of bilateral and international issues.
New century belongs to India, claims ScindiaAugust 18th, 2009 NEW DELHI - The country' strong performance even amid the global economic slowdown shows that the new century belongs to India, Minister of State for Commerce and Industry Jyotiraditya Scindia said here Tuesday. "India has buffered itself quite well against the global economic tsunami and is now a force to reckon with, a nation whose voice is heard in every forum," Scindia said in his address at the Confederation of India Industry's (CII) annual marketing summit.
At Pa. town hall, Shinseki pledges to modernize VA system, says veterans benefits are secureAugust 17th, 2009 In Pa., Shinseki pledges to modernize VA systemPHILADELPHIA — The nation's top veterans affairs official says medical benefits for veterans will not change under the health care reforms being considered in Washington. U.S. Secretary of Veterans Affairs Eric Shinseki spoke Monday at a town hall meeting with veterans in Philadelphia, where he pledged to modernize the Veterans Administration for the 21st century.
3 members of Pa. family killed in NYC air collision to be buried Friday after funeral serviceAugust 13th, 2009 Funeral set for Pa. family killed in NYC air crashPHILADELPHIA — Three members of a Pennsylvania family killed in an air collision over the Hudson River will be buried in suburban Philadelphia.
6 Philadelphia businesses robbed with Uzi, police say; robberies expected to continueJune 19th, 2009 6 businesses robbed with Uzi, Philly police sayPHILADELPHIA — Police in Philadelphia are on the lookout for a man robbing businesses with an Uzi submachine gun. Police say the gunman has hit at least six businesses in West Philadelphia in less than a week.
India, US to discuss bilateral investment treatyJune 16th, 2009 WASHINGTON - Ahead of a meeting with Commerce and Industry Minister Anand Sharma, the US has declared its commitment to enhancing dialogue with India on key trade policy issues, including a bilateral investment treaty. US Trade Representative Ron Kirk will discuss these issues with Sharma during a roundtable at the US-India Business Council's Synergies Summit here Wednesday.
Car hits pedestrians, including children, in North PhiladelphiaJune 11th, 2009 Car hits pedestrians in North PhiladelphiaPHILADELPHIA — A car has jumped a curb and struck a crowd of pedestrians in North Philadelphia. Media reports say several children were among those struck Wednesday night.
Prominent industry experts tackled changing role of CIOs at CIO Strategies India ForumMay 21st, 2009 BANGALORE - naseba, a leading business information firm specializing in organizing high profile conferences and events, announced the successful conclusion of the third annual 'CIO Strategies India Forum' that took place in Mumbai. The two-day Forum brought together over 150 prominent CIOs from leading companies across India.
CII India Business Forum launched in ChinaApril 16th, 2009 NEW DELHI - The Confederation of Indian Industry (CII) Thursday launched an India Business Forum (IBF) in China, a lobby to promote bilateral trade and economic cooperation between the two countries. The IBF will act as a forum for promoting India-China trade through collective and consensual approach and will also work with the Indian embassy in Beijing and others towards 'building brand India', the CII said in a statement released here.
Private sector will help India weather slowdown: Kamal NathJanuary 30th, 2009 NEW DELHI - A 'disciplined' private sector and an 'aspiring' middle class are the engines of India's economic growth, and will help the country weather the tumultuous times, Commerce and Industry Minister Kamal Nath said Saturday. 'India's aspiring middle class has demonstrated surprising resilience in counterbalancing the global credit crisis and slump in the global export economy of which India is a key player,' the minister said at the World Economic Forum in Davos, Switzerland.