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Govt may rethink lifting cap on directors' pay: Gupta
Published December 1, 2008, 10:14 pm, Business Standard India
Less than two months after introducing a new companies Bill that gives companies freedom to fix managerial remuneration, the ministry of corporate affairs (MCA) is re-thinking the issue.
Assessing innovation metrics
Published December 1, 2008, 10:11 pm, Business Standard India
Even in the current economic turmoil, innovation remains a high strategic priority for most companies, and many see it as a strong contributor to growth. Yet many also struggle to measure the performance of their innovation portfolios.
Corporate report
Published December 1, 2008, 10:07 pm, The Sarasota Herald-Tribune
Johnson & Johnson -- The health care products company said it will buy cosmetic-product and breast-implant maker Mentor Corp. for $1.07 billion in a move to boost its presence in cosmetic and reconstructive medicine.
U.S. Automakers, UAW to ‘Genuflect’ to Divided Congress for Aid
Published December 1, 2008, 10:04 pm, Bloomberg
Dec. 2 (Bloomberg) -- General Motors Corp. , Ford Motor Co. and Chrysler LLC, running out of money to operate, must convince a divided Congress that their plans to shrink are severe enough to ensure repayment of $25 billion in proposed U.S. loans.
SIA unit to buy Singapore Food Industries
Published December 1, 2008, 10:03 pm, Financial Times
Singapore Airport Terminal Services, an airline caterer, on Tuesday unveiled a S$335m cash offer for Singapore Food Industries, a supplier to the country’s military and to supermarkets in the UK.
Markel Corp. Announces 2 New Executive Positions for Midwest Region
Published December 1, 2008, 10:02 pm, Insurance Journal
Markel Corp. recently announced the promotion of Henry Lopez to executive vice president for the Markel Midwest region. "We are pleased that, in his new role, Henry Lopez will focus on sales, marke
Dow, PIC of Kuwait sign binding joint venture agreement to launch K-Dow Petrochemicals
Published December 1, 2008, 9:54 pm, AME Info
The Dow Chemical Company (Dow) and Petrochemical Industries Company (PIC), a wholly owned subsidiary of Kuwait Petroleum Corporation (KPC), announced that they have signed the joint venture formation agreement and other key definitive agreements regarding the formation of K-Dow Petrochemicals, a 50:50 joint venture that will be the leading global supplier of petrochemicals and plastics.
Dallas Area Rapid Transit bus purchase stalls on fuel debate
Published December 1, 2008, 9:50 pm, Dallas Morning News
Dallas Mayor Tom Leppert, billionaire oilman T. Boone Pickens and several DART board members have halted the transit agency's plan to buy a fleet of 537 new diesel-powered buses.
Govt may rethink lifting cap on directors' pay: Gupta
Published December 1, 2008, 9:38 pm, rediff.com
A limit on compensation paid to top executives is preferable in the context of what has happened in developed nations, Minister of Corporate Affairs Premchand Gupta told Business Standard.
PM demands report from board - PNP cites corruption, calls for sacking of officials
Published December 1, 2008, 9:29 pm, The Jamaica Observer
Prime Minister Bruce Golding yesterday gave the Jamaica Urban Transit Company (JUTC) just over a day to provide him with a full report of contracts issued by the state-run bus company as controversy deepened over deals being queried by the contractor-general.
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