Following are the links to the ten most read stories on the Business Standard website in the last seven days:-
David Foster Wallace: End Notes
On David Foster Wallace’s Wiki page, some hacker with a twisted sense of humour inserted the word “nigger” into random sentences on Monday. Wallace, who hanged himself this weekend at the age of 46, would have approved of the hack, but lamented the lack of imagination...More
NEWSMAKER: Praveen Vishakantaiah
Praveen Vishakantaiah, a Bangalore-boy and the first one from Bangalore to head Intel India’s operations led Dunnington project from the front. Prior to this, he was the director of Intel’s Digital Enterprise Group and has been part of the microprocessor design team. He has rich experience in the development of Pentium II, Pentium III and Pentium IV microprocessors at Intel...More
ICICI Bank sees brokers' cartel behind share crash
Stung by the fact that it was in the news throughout the day for all the wrong reasons, ICICI Bank — the country’s second largest lender — said it is investigating the source of rumours on its top management selling shares, which resulted in its scrip falling 5.25 per cent on the Bombay Stock Exchange today...More
Global crude price seen falling to $90/barrel
International crude oil prices have fallen over 33 per cent from their recent record highs and are projected to fall further towards $90 per barrel with the second hurricane in the Gulf of Mexico not causing as much loss of production as was initially estimated...More
Wipro, Copal mull Lehman BPO buyout
IT major Wipro Technologies and Gurgaon-based knowledge process outsourcing firm Copal Partners have expressed interest in bidding for the Indian back office business of Lehman Brothers Holdings, the US-based investment banking firm that filed for bankruptcy protection...More
Tata Motors backs new Singur package
The world’s cheapest car, the Nano, may still roll out from Singur with Tata Motors expressing hope that the West Bengal government’s new rehabilitation package will evoke a positive response from unwilling land-losers who had refused compensation...More
RBI steps in to cool financial markets
The Reserve Bank of India (RBI) stepped in this evening to check any potential adverse impact of the global financial turmoil on the Indian markets by announcing measures to ease the liquidity crunch and bolster the weakening rupee...More
Anil Ambani sets sights on Everton, says UK media
The 'turbulent situation' at Newcastle United has forced Reliance Communications to shift focus to English Premier League side Everton, media reports said...More
Iran, Venezuela must stop crying over falling oil prices
Iran and Venezuela are the two price hawks in the 13-member Organization of Petroleum Exporting Countries (Opec), which are virtually openly vowing to defend $100 a barrel as the benchmark price for oil. Such aggressive posturing, triggered, no doubt, by oil prices sinking to a five-month low, betrays a lack of their appreciation of an all-round fall in demand under the weight of credit crunch and high prices...More
Rupee to the rescue?
For the most part of FY08, exporters watched in dismay as the rupee went from strength to strength. As it breached the Rs 40-mark, and capital inflows continued, experts predicted that it would probably hit Rs 35...More
