Word: foundering
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Jieun Baek ’09, co-founder and director of HRiNK, began the night with an introduction to human rights violations in North Korea...
...Mittal first bid for French steel maker Arcelor last year, the company's French CEO said he was horrified by the idea of an Indian taking over, likening Mittal Steel to eau de Cologne and Arcelor to perfume. Within months, Mittal had won out. A century earlier, when Tata founder Jamsetji Tata suggested making steel for the colonial railway system, a British administrator dismissed the idea with barely concealed contempt. Earlier this year, Tata paid almost $14 billion to buy Corus, British Steel's successor. The moral of that story is not lost on India's corporate captains. They...
...Founder of Playboy magazine and enterprises; a reality-show co-star on The Girls Next Door...
...Gopalakrishnan, one of the founders and the current CEO, says Infosys built that culture from the ground up. "We said, If we're going to make it a success, there have to be some rules, some common values, some structure to the whole thing." That included a strict ban on nepotism and a compulsory retirement age of 60. Founding CEO N.R. Narayana Murthy, who still flies coach despite a net worth estimated at $1 billion, says the break with the past was deliberate: "We had to aspire to global standards, especially if we wanted to attract investors from abroad." When...
...turban - considered the very core of a Sikh man's cultural and religious identity - community leaders have hailed Singh's win as, literally, a godsend. Sikh blogs have been pointing out that Singh was declared a winner on Guru Nanak Jayanti, the anniversary of the birth of the founder of Sikhism. And he has been honored by the Akal Takht, the highest seat of the Sikh clergy...