McGraw Hill has named Deven Sharma president of its tainted financial services division Standard & Poor’s effective immediately. Sharma replaces Kathleen Corbet, who left to “pursue other opportunities”. Sharma was previously executive vice president at Standard & Poor’s with responsibility for Investment Services and Global Sales and before that a partner at management consulting firm […]
Whoa, the battle in the digital single lens reflex cameras (DSLR) market sure is heating up. Less than a fortnight after Canon and Nikon unveiled new DSLR cameras, Panasonic on Thursday rolled out a new 10 megapixel digital SLR camera – DMC-L10. The second DSLR camera in Panasonic’s portfolio, the DMC-L10 offers a 10.1 megapixel Live […]
Microsoft is putting out the first service pack of its Windows Vista operating system in the first quarter of 2008. Service packs are a collection of bug fixes and improvements that Microsoft puts out for major programs such as its operating systems. Besides the bunch of updates the company has previously released, SP1 is supposed […]
The FT is reporting that Indian auto company Mahindra & Mahindra is also interested in Ford’s Land Rover and Jaguar units. According to the FT piece, Mahindra is conducting due diligence on Land Rover and Jaguar. Tata Motors has already expressed its interest in the two Ford brands. See our earlier posting on Tata Eyeing […]
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 […]
Social networking start-up Masala Inc. has snagged $4.5 million in Series A funding from VantagePoint Venture Partners, according to a regulatory filing cited by PEHub. Amra Tareen, a former partner at venture capital firm Sevin Rosen Funds, is behind San Francisco-based Masala Inc. Social networking consultant Erik Sundelof is also involved in the new venture. […]