He had retired a decade back in 2002, at age 65, when the company decided to make him a non executive chairman of the Tata Group, thereby rendering him eligible to continue for five more years. When that time elapsed, the retirement age was again extended for five more years. Ratan, the jewel for the Tata group was indispensable, undoubtedly.

As Ratan Tata celebrated his 75th Birthday on the 28 December, it marked the end of his illustrious career, as a visionary and a philanthropic leader who built an unparalleled empire.The metamorphosis of Tata into the most trusted brand can be attributed to Ratan Tata’s perennial force. Right from Tata steel, to the Tata Nano, and to the very recent Starbucks, he has done it all.

Its his 75th birthday today and also the last day as the chairman of Tata Industries. Ratan Tata has officially handed over his responsibilities to Cyrus Mistry, who had been serving as the deputy chairman of the industry.But what can’t be forgotten is that this company has been on a long journey with him as the captain of the ship.

The simple thought that there are people in this world, striving hard to make it a better place, makes me go “high” on intellect. New ideas, new technologies and new discoveries hit the scientific world constantly, and there are, among them, a few that impact our lives directly.

  The European Union was awarded the Nobel Peace Prize for the year 2012. They were announced as the winners [...]

Gone are the days when you would see Vijay Mallya posing with a bunch of his sexy air hostesses. Now he can’t even pay their salaries.This is not all; the financial crisis in Kingfisher Airlines has taken somebody’s life. Sushmita Chakravarti, wife of Kingfisher Airlines store manager Manas Chakravarti hung herself to death, with her suicide clearly blaming the airlines for her death.

Being a journalist, you get to cover almost all the important events happening in the city. And this is exactly what I have been experiencing ever since I started working.

First, it was the Porter Prize and then the Youth Marketing Summit 2012.The summit was held at The Metropolitan Hotel in Delhi on October 12, 2012.

The porter prize awards came to India for the first time this year. This is the first time the prestigious porter prize awards have been organised beyond Japan, where it started back in 2001 in the honor of Harvard business school professor, Dr. Michael E. Porter.

After agriculture, India’s retail sector provides livelihood to maximum people. As per the National Sample Survey (NSS), during 2009-10, around 40 million people were working in the retail sector. Most of them were unorganized and self-employed small retailers, for whom it was not possible to easily seek job in other sectors of economy.

LIBOR (London Interbank Offered Rate) is the rate at which banks in London lend each other. It is calculated by British Bankers’ Association (BBA) daily. Individual banks submit the rates (for ten currencies and 15 lengths of loans, ranging from overnight to 12 months) at which they expect to borrow short-term loans from other banks. The highest and lowest 25 percent of submissions are excluded, and an average of the remaining rates is taken. In 2008, 16 banks had submitted their borrowing cost: the top and bottom four figures were excluded and the average rate of the median eight banks was taken.