Conference on Corporate Governance in KolkataSeptember 4th, 2009 KOLKATA - Minister for Corporate Affairs Salman Khurshid will inaugurate an International Conference on Convergence of Corporate Governance Norms here on Saturday. The two-day Conference is being organized by IIT Kharagpur in association with National Foundation of Corporate Governance (NFCG) - which is a not-for-profit Trust under the Ministry of Corporate Affairs.
Hillary Clinton meets Indian business leadersJuly 18th, 2009 MUMBAI - US Secretary of State Hillary Clinton met Indian business leaders here Saturday, the first full day of her visit to the country. Clinton discussed an array of issues over breakfast with around 10 of India's top corporate names, including Mukesh Ambani, Swati Piramal, Jamshyd Godrej and Chanda Kochhar, at the Taj Mahal Palace and Tower Hotel.
Amitabh honoured at DavosJanuary 31st, 2009 DAVOS - Indian megastar Amitabh Bacchan was honoured with World Economic Forum's (WEF) Crystal Award here for his contribution to the world of art. Noted Bharatnatyam and Kuchipudi dancer Mallika Sarabhai was also honoured Saturday along with Chinese martial artist and actor Jet Li and Venezuelan musician José Antonio Abreu.
Japan to provide $17 bn in aid to Asian countriesJanuary 31st, 2009 DAVOS - Japan would provide about $17 billion in development aid to Asian countries, the country's prime minister said here Saturday. 'Japan will support Asian countries by mobilizing funds ranging from Official Development Assistance (ODA), other official flows to private capital,' Taro Aso told delegates at the World Economic Forum (WEF) in Davos, Swiss ski resort.
World leaders say green thinking can help global economyJanuary 30th, 2009 DAVOS - With the economic crisis likely to dominate much of 2009, world leaders in Davos have urged that climate change should remain in focus. British Prime Minister Gordon Brown, German Chancellor Angela Merkel, the UN's Secretary General Ban Ki-moon and others attending the World Economic Forum warned against letting the economic worries overshadow the need to solve the climate issues as the two were interconnected.
Amitabh bags World Economic Forum awardJanuary 30th, 2009 NEW DELHI - Bollywood superstar Amitabh Bachchan will be honoured by the World Economic Forum for outstanding excellence in art. The Crystal Award is to be conferred on the veteran actor at a ceremony at Davos, Switzerland later Saturday.
Iranians hail Turkish PM for Davos spatJanuary 30th, 2009 TEHRAN - Iranians have hailed Turkey's Prime Minister Recep Teyyeb Erdogan for his heated exchange with Israeli President Shimon Peres over the Gaza Strip at the World Economic Forum (WEF) in Davos, the official IRNA news agency reported Saturday. A group of university and school students gathered Saturday in front of the Turkish embassy in Tehran to express their appreciation for Erdogan's reaction at Davos discussion Thursday.
Israeli president regrets Erdogan incident at DavosJanuary 29th, 2009 TEL AVIV/DAVOS - Israeli President Shimon Peres said Friday he regretted the incident at the World Economic Forum in Davos the day before when Turkish Prime Minister Recep Tayyip Erdogan stormed out of a debate over the Gaza Strip issue. The Haaretz newspaper's website said Peres had made a telephone call with Erdogan Friday morning and assured him that he was 'very sorry' about the incident.
Hamas hails Turkey PM's stand at DavosJanuary 29th, 2009 GAZA CITY - The Islamic Resistance Movement Hamas Friday hailed Turkey's Prime Minister Tayyib Erdogan's stand at the World Economic Forum in Davos, describing it as 'brave'. Hamas spokesman Fawzi Barhoum said in a published statement that 'Hamas hails the brave position of Prime Minister Tayyib Erdogan in which he defended the victims of the criminal Zionist (Israeli) war waged against our children, women and people in Gaza in front of all the people present at the Davos Forum and in the presence of the head of the evil Zionist Shimon Peres'.
UN chief Ban calls for urgent aid to GazaJanuary 28th, 2009 DAVOS - UN Secretary General Ban Ki-moon Thursday called on the international community to provide quick assistance for the people in conflict-torn Gaza Strip. At the World Economic Forum in Davos, in Switzerland, Ban issued a so-called flash appeal for urgently needed assistance worth $613 million in order to help the 1.4 million Gaza residents.
Davos forum to explore ways to save global economyJanuary 27th, 2009 DAVOS - The World Economic Forum (WEF) opened in Davos Wednesday with an aim to address the current economic crisis and other global challenges. The five-day annual meeting is expected to attract more than 2,500 representatives from 96 countries, including a record 43 heads of state or government and 1,400 business leaders, organisers said.
Kamal Nath to lead Indian delegation to Davos meetingJanuary 22nd, 2009 NEW DELHI - The five-day annual meeting of the World Economic Forum (WEF) kicks off Jan 28 at Davos in Switzerland, amid one of the worst global financial crisis in decades, where the Indian delegation will be led by Commerce Minister Kamal Nath. The event, in the Alpine settings of the snow-clad ski resort, will see the participation of some 2,500 delegates from 96 countries, who will also get a chance to hear nearly 40 heads of states and government, the organisers said.
Kamal Nath to lead Indian delegation to Davos summitJanuary 22nd, 2009 NEW DELHI - Commerce Minister Kamal Nath will head this year's Indian delegation to the World Economic Forum's (WEF) five-day annual meeting at Davos in Switzerland from Jan 28 that comes against the backdrop of one of the worst global financial crises in decades. The event, in the Alpine settings of the snow-clad ski resort, will see the participation of some 2,500 delegates from 96 countries, who will also get a chance to hear nearly 40 heads of states and government.
Satyam episode blot on India's corporate image: PMJanuary 16th, 2009 MUMBAI - The Rs.70 billion ($1.43 billion) financial scam in Satyam Computer Services is a 'blot' on corporate India's image, and the government was determined to unravel the 'plot' and punish the guilty, Prime Minister Manmohan Singh said Saturday. He urged all Indian corporate leaders to look closely into their operations so that fraudulent activities were as effectively prevented as is humanly possible.
Satyam an 'isolated' case in Indian corporate world: PranabJanuary 16th, 2009 KOLKATA - The Rs.70 billion (Rs.7,000-crore/$1.43 billion) Satyam Computer Services scam is an 'isolated' case in the corporate sector of India, External Affairs Minister Pranab Mukherjee said here Saturday. 'The Satyam scam has undoubtedly impacted our securities market.