TNM

Robinson takes charge of Citi, South Asia

Robinson takes charge of Citi, South Asia.Mark Robinson has been appointed as a New CEO of Citi south Asia, replacing Sanjay Nayar, who is taking charge of Indian operations of world's leading buyout firm; Kohlberg Kravis Roberts & Co (KKR). Nayar was heading the Indian operations since 2002. 

KKR is interested to expand its base in India in private equity, infrastructure, mezzanine and distressed funds. It has already invested over $1 billion in the Flextronics International and Bharti Infratel, the telecom tower arm of Bharti Airtel.

PSU officers to get higher pay scale

The Union Government has announced a huge pay hike for executives and non-unionized supervisors of Central Public Sector Enterprises (CPSEs). They had earlier threatened to start agitation in case the government failed to meet their demands. The revised pay hike would be effective from January 1, 2007. PSU officers would also be entitled to get performance related incentives besides two to three fold increase in basic pay and allowances.

BlackBerry maker Research in Motion launches counterattack against iPhone

BlackBerry maker Research in Motion launches counterattack against iPhoneFor the past few years, BlackBerry, a phone and an Email device could be found clipped to the belts of high-powered professionals. However, it seems that the same device is not working for the company anymore, with iPhone picking up bigger market share. 

Motorola MOTO VE66 phone announced

Motorola MOTO VE66 phone announced The latest MOTO VE66 phone that has enhanced CrystalTalk audio technology has been announced by Motorola. The new phone has many exciting features like a 5-megapixel camera, MP3 player-like navigation, crisp images and an amazing audio experience. The slider set also has the first widgets integration that offers users seamless access to favorites like sports scores, stock tickers or RSS feeds. 

Alternate source of cosmic energy discovered by NASA

Alternate source of cosmic energy discovered by NASA The researcher at the American space agency NASA, say that they have discovered an alternate source of cosmic energy from a previously unidentified particles near the solar system. 

The latest issue of science journal ‘Nature’ includes the latest discovery, which was the result of a study carried out by the Advanced Thin Ionisation Calorimeter (ATIC) collaboration led by scientists at Louisiana State University, Baton Rouge.

The timing of a perfect phone call is 9 min, 36 sec

The timing of a perfect phone call is 9 min, 36 secThe experts recently said that the timing of a perfect phone call lasts for nine minutes and 36 seconds, and during this time, the callers can have a chat on family affairs, current news, a little about their personal problems and a little about weather.  

Following the analysis of likes and dislikes of more than 2000 people about talking on the phone, the researchers arrived at the decision with the best subject matter and timing. 

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