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...expand as the company pursues carbon credits by generating power through the burning of waste gas created during steel manufacture. In a bid for more carbon dollars, a second power plant was built. "The carbon revenues were a major factor in taking up these projects," says Suresh Iyer, the chief coordinator of carbon trading at Jindal South West. If a project is reducing carbon, he says, "we do take the initiative and put up the plant because of that." The second plant, which Iyer estimates cost the company $50 million to build, was approved by the CDM in January...
...When the board made it clear that it wanted Henderson to replace chief financial officer Ray Young, Henderson dawdled. He could rightly complain that government curbs on executive pay made it difficult to recruit experienced financial executives, but it must have looked to the board as if he couldn't make a decision or was simply stalling...
...three-hour event began with a brief period of networking time, followed by a panel discussion on the trials of starting new ventures. Panelists included Keith W. Cooper ’83, President and Chief Operating Officer of Carbonite, an online file protection service; Graham Lubie, co-founder of Celarix, an early leader in internet software; and Furqan Nazeeri, founder of several ventures including Pivot, Inc., an instant messaging platform for Wall Street traders...
Yale Police Chief James Perrotti attributed the increased police activity to a new polic detail dedicated to "panhandling and public drunkenness....The detail was not established to monitor underage drinking and alcohol purchases, Perrotti said, though Yale students have happened to 'cross its path...
...come at a worse time. Desperate to play down the incident and avoid a diplomatic row, British Foreign Secretary David Miliband said he was looking forward to the matter "being promptly sorted out." Tehran took a different tone. "Naturally our measures will be hard and serious," Esfandiar Rahim-Mashaie, chief of staff to Iranian President Mahmoud Ahmadinejad, told the semiofficial Fars news agency on Tuesday, "if we find out [the sailors] had evil intentions." (See pictures of terror in Tehran...