Word: helmed
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...member of the Legislative Council and one of the city's best-known public figures, said the assault was likely related to his recent legal work involving land disputes, loan-sharking and debt collection. STEPPING DOWN. N.R. Narayana Murthy, 60, Chairman of Infosys Technologies, after 25 years at the helm of the company he helped found; in Bangalore. In 1981, Murthy and six other software engineers borrowed $250 from family members to start Infosys, today a $23 billion outsourcing giant and India's second-largest software company. Murthy, whose personal fortune is estimated at $1.2 billion, is leaving after reaching...
NAMED. Indra Nooyi, 50, chief financial officer of soft-drink giant PepsiCo; as the company's chief executive, making her one of just 11 women to head FORTUNE 500 companies; in New York. The Indian-born, straight-talking Nooyi will succeed Steven Reinemund in October. With Nooyi at the helm, PepsiCo will be the largest U.S. company, by market value, to be led by a woman. "Being a woman, being foreign-born, you've got to be smarter than anyone else," Nooyi said last week...
...poll, she is no longer expected to hide her intelligence behind a façade of makeup. She does face, however, the challenge of convincing the American people that she—a woman!—deserves to return to the White House, this time at its helm. Over the past two months here in Washington, I have seen her enrapture an audience of evangelicals, command a meeting of the NAACP, and passionately testify before a commission on Hurricane Katrina in a church basement. And though at times she struggles—she still inflects awkwardly when delivering punch...
...ordered Hizballah to call off its rocket attacks on Israel's northern border. Iran's then Foreign Minister Kamal Kharrazi flew to Beirut, and made an uncharacteristic public call for Hizballah to "exercise self-restraint." Within days, the border went quiet. But with an agitator like Ahmadinejad at the helm, Iran is more likely to watch the conflict burn than help to put it out, all the while playing to the crowds in the streets...
...little impact for years because Japanese companies were hobbled by so many other problems, like bloated payrolls and debt-laden balance sheets. Under the reform agenda initiated by Prime Minister Junichiro Koizumi in 2001, however, Japanese industry began to modernize and streamline. Taking the helm of the BOJ in 2003 as Koizumi's handpicked favorite, Fukui led central-bank intervention into uncharted waters. His predecessor frequently claimed impotence, saying there was little a central bank could do to stoke an economy's fires once it had lowered rates to zero. But Fukui stepped up or initiated a series of unorthodox...