The top 20 private equity and hedge fund managers in the U.S. – all White men – made on average $675.5 million (Rs 2,700 crore) in 2006, or 22,255 times the pay of an average U.S. worker, according to a Forbes study cited in a new report called Executive Excess 2007: The Staggering Social Cost […]
Anupama Chopra’s book on Bollywood superstar Shah Rukh Khan may have garnered all the media attention because of her connections but Stephen Alter has written the superior book in Fantasies of a Bollywood Love Thief: Inside the World of Indian Moviemaking. Fantasies of a Bollywood Love Thief captures the spirit and essence of Bollywood better […]
To the list of Chinese pet food, Chinese toys, Chinese furniture, Chinese laptops, Chinese this and Chinese that, American consumers will soon add Chinese cars. Chinese car maker Chery is expected to hit the American market by 2009 and will surely kill what’s left of the struggling U.S. auto industry. You see, Chery workers in […]
Indian IT services provider Wipro Technologies is buying U.S. outsourcing services provider Infocrossing for $600 million in an all cash deal. With five data centers and 900 employees, the Leonia, New Jersey headquartered Infocrossing reported a net income of $9.3 million on revenues of $232.4 million for the 12 months ended March 31, 2007. Infocrossing […]
Health dangers lurk in the oddest of places. True. Very true. An Australian professor Lidia Morawska has found that laser printers emit fine particles that can enter the lungs, causing respiratory and cardiovascular problems and potentially even cancer. Professor Morawska told the Brisbane Times: Ultra-fine particles are of most concern because they can penetrate deep […]
Yesterday, we did something unusual. We traveled over 330 miles (about 520 KMs) to New York City just to watch a new movie. But then Sicko is not just any other movie. Made by the controversial documentary filmmaker Michael Moore (of Fahrenheit 9/11, Bowling for Columbine and Roger & Me fame), Sicko is a wake-up […]