Ramesh Jude Thomas

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Why is China ahead of India? A fascinating analysis by Amartya Sen

<i>Investments in education could spur economic growth in India (Credit: World Bank)</i><p>I had the wonderful opportunity to listen to my former professor …

World Economy

India to roll out high-speed Internet to 10,000 villages in 2013

The government has spent close to US$40 million on providing 100Mbps fiber broadband connections to 250,000 villages across India, and the first …

Soccer Joy

<b>Miles from the main roads, in rural Africa, soccer balls bounce unevenly.</b> Playing fields are arid, lush, weedy, sandy—any flattish space will do. Goalposts might be made of gathered mahogany or driftwood. Some feet are bare, others shod in fraying sneakers, boots, rubber sandals. Yet children kick …

CARL ICAHN: 'I've Never Seen A Board As Bad As Dell's'

"I've been through a lot of these fights. Most of these boards are pretty dysfunctional but I've never seen a board as bad as Dell's. They go out and scare the shareholders."<p>He graciously admitted that the "guys on the board aren't bad people. They just do whatever the CEO says. ... They read their …

Carl Icahn

What is wrong with India's economy?

<b>On Tuesday, India further eased rules on foreign direct investment in a range of industries in an attempt to boost the economy which grew at its slowest pace in a decade during the 2012-13 financial year. Economic analyst Paranjoy Guha Thakurta explains what ails Asia's third-largest economy.</b><p>For …

Economics

How India lost $14 billion worth of foreign investment in two days

India’s hopes of attracting foreign investments has taken a $14 billion hit.<p>The world’s largest steel company, ArcelorMittal, abandoned plans on Wednesday to build an $8.5 billion steel plant in the eastern state of Odisha. That came just a day after South Korea’s Posco scrapped a $5.3 billion plan …

India

Ryanair Is Going To Start Plastering Ads On Its Planes To Make Money

With four possible ad locations to choose from — Ryanair will keep its own logo on the tail fin — spokesperson Robin Kiely told potential partners this offer "ensure[es] their brand is featured on Europe's largest - and cheapest - outdoor advertising medium."<p>Air Nation reports that a 12 month …

Ryanair

London 2012 Olympics 'have boosted UK economy by £9.9bn'

<b>The UK economy has seen a £9.9bn boost in trade and investment from hosting the 2012 London Olympic and Paralympic Games, research suggests.</b><p>A report by the government department which promotes UK businesses put new contracts, sales and foreign investment in the last year down to the Games.<p>But the …

United Kingdom

Activist Shareholders Are Demanding A Board Seat At Microsoft

ValueAct, which wants a say in the way the world's largest software company is adapting to the new world of mobile computing, is seeking to nominate a person from its own organization, the sources said.<p>The San Francisco-based fund, which manages more than $10 billion for clients, owned 33 million …

Steve Ballmer

Investors step back from Internet IPOs

Image 1of/2<p>Caption<p>Close<p>After Facebook's initial public offering 14 months ago - featuring a computer malfunction, misplaced trades and lawsuits …

MBank And The Future Of Responsive Banking

I’m not a huge fan of banks, but when senior director Michal Panowicz approached me about mBank, my interest was piqued. How could a banking spin-off of BRE Bank and founded in 2000 create one of the coolest, most high-tech banking experiences I’ve seen? The more important question, however, was …

Morgan Stanley is having an identity crisis

The bank’s future may be very different—but more profitable<p>In the hyper-competitive world of finance, Wall Street banks have certain characteristics for which they are known. JP Morgan has the biggest balance sheet. Bank of America and Citigroup are major retail banks. Goldman Sachs is, well, …

Markets
Hedge Funds

Dell takes a second run at privatization

Michael Dell delayed his date with destiny once. On Wednesday, he will try again.<p>That's when the shareholders of Dell Inc. are scheduled to vote on a $24.4-billion (U.S.) deal that would take the computer giant private after 25 years as a publicly-traded company.<p>Originally set for July 18, the vote …