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India-born Anshu Jain had resigned as the Co-CEO of Germany’s biggest bank – Deutsche Bank. He will be replaced by former UBS banker John Cryan, who will serve as the Co-CEO and will become the “sole CEO” after May 19. Cryan, 54, has been on the bank’s supervisory board since 2013. Anshu Jain is the second Indian to resign
According to the recent World Bank report, India has figured in top five emerging economies for highest investment commitments in private sector, infrastructure sectors – energy, transport and water. Clive Harris of World Bank said that the top five countries with the highest investment commitments in 2014 are Brazil, Turkey, Peru, Colombia and India. The report
Padmasree Warrior, India-born has resigned from her post of Chief Technology Officer (CTO) at global IT giant Cisco. She had resigned after a proper reorganization of structure of top management of Cisco under incoming CEO Chuck Robbins. Now, she will survive with the advisory post in Cisco till September 2015. In recently released Forbes Magazine’s 12th annual list
India has reached a historical milestone in defence shipbuilding by undocking the first indigenous aircraft carrier INS Vikrant at the Cochin Shipyard. The carrier is slated for induction in end-2018. will undergo a series of fitment and trial processes before it is ready for propulsion and inducted into the Navy. The successful completion of the aircraft carrier puts India in
Vincent Musetto, a retired editor at The New York Post who wrote the most anatomically evocative headline in the history of American journalism — HEADLESS BODY IN TOPLESS BAR — died on Tuesday in the Bronx. He was 74. He died because of pancreatic cancer, at Calvary Hospital. Mr. Musetto’s headline quickly insinuated itself into popular
