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...plant continues to 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...

Author: /time Magazine | Title: An Indian Village Sees the Downside of Carbon Trading | 12/3/2009 | See Source »

...Tech Mahindra bought a 47.2% stake in the tainted company for $600 million in a government auction in April. If the fraud money reappears as assets in the name of the company, its good news for Tech Mahindra, which paid a huge sum for Satyam and its liabilities, says Suresh Talwar, partner at Mumbai-based law firm Talwar Thakore & Associates, Satyam's corporate counsel until 2006. It could be a bonanza for shareholders, too, in the form of dividends or bonus shares, he says. Judging by the scale of the fraud and India's lethargic judicial system, any windfall could...

Author: /time Magazine | Title: Satyam Computer Fraud Grows to $2.5 Billion | 11/27/2009 | See Source »

...proven insufficient. Income levels in the countryside badly trail those in cities in many countries, while the FAO estimates that the number of poor going hungry in 2009 reached an all-time high at more than 1 billion. "The bottom of the pyramid really depends on agriculture," says Suresh Babu, senior fellow at the International Food Policy Research Institute (IFPRI) in Washington. "There is no other way to bring them out of poverty except with agriculture...

Author: /time Magazine | Title: Back to the Land: The New Green Revolution | 10/26/2009 | See Source »

...formal launch of SEAS last year, both Charles Vest, former president of MIT, and Subra Suresh, dean of the School of Engineering at MIT, addressed the attendees. In fact, Vest delivered the keynote address...

Author: By Alissa M D'gama, CRIMSON STAFF WRITER | Title: SEAS Celebrates First Year | 9/25/2008 | See Source »

...level position allowed. So he began trading secretly?racking up huge profits at first. He says some bosses knew and made him out to be a criminal only when the trades went bad. So was he solo? "If he was working alone, he would have been caught," says Suresh Sundaresan, a finance professor at New York City's Columbia Business School...

Author: /time Magazine | Title: Briefing | 1/31/2008 | See Source »

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