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Ford CEO Mulally gets $14 million in stock bonus

Mulally

Ford Motor CEO Alan Mulally was awarded a performance bonus worth $13.8 million in Ford stock, according to a company filing. That’s up from the stock bonus he got a year ago worth $11.6 million. The bonus is based on ...

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Ranbaxy calls back cholesterol drug in US

Lipitor

MUMBAI: Ranbaxy Laboratories, facing a host of regulatory issues, has recalled over 64,000 bottles of the generic version of a cholesterol-lowering drug, Lipitor, in the US after a dosage mix-up was detected. It recalled the tablets of atorvastatin calcium after a ...

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Samsung Galaxy S5 Mini leaked online

Samsung

Even if you’re not the gambling type, you can bet your mortgage on Samsung putting out a Mini version of the Samsung Galaxy S5 in the near future, and we’ve just stumbled on another clue that it could be on the horizon. ...

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SBI mulls selling bad assets

sbi

KOLKATA: Country’s largest bank SBI is considering partial sale of non-performing assets to asset reconstruction companies. “We are considering some proposals to sell NPAs in the current quarter (Jan-Mar 2014). This is the first time we would be selling NPAs to ARCs,” SBI chairman Arundhati ...

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Women, take charge of your finances

Women

Women often tend to ignore financial matters. They let others take charge of their earnings and investments. While it is good to have help, women should always be aware of their finances and their management. As much as women are ...

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Dacoits loot oil worth Rs 2 crore on high seas off Goa coast

dacoits-of-chambal

VASCO: Two dacoit gangs teamed up and virtually took over a private abandoned oil tanker Pratibha Bheema on the high seas off Goa, lived on it for over two days without anyone noticing them, and looted crude oil worth over 2 ...

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First look: Apple iWork

Apple-iWork

BARCELONA: Microsoft’s Office is the go-to software package for creating and sharing documents, spreadsheets and presentations. Google’s Docs has emerged as a good, free alternative for lightweight tasks. But what’s often overlooked is Apple’s iWork. Last fall, the iWork applications ...

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Flipkart sales run rate hits $1 billion

flipkart

BANGALORE: India’s e-commerce posterboyFlipkart said on Thursday that its sales have hit an annualized run rate of $1 billion. This comes barely eight months after it said that it was witnessing a run rate of $500 million, indicating that e-commerce in ...

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Flipboard buys Zite, will shut it down

Zite

NEW DELHI: The company behind Flipboard, a popular app that pulls in content from various sources on the web and serves them to users in a magazine-style format on a phone or tablet, announced on Wednesday that it was buying ...

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Resolve Devyani Khobragade issue to revive ties, India tells US

Devyani-Khobragade

NEW DELHI: Foreign secretary Sujatha Singhon Wednesday asked visiting US assistant secretary of state for South Asia Nisha Biswal to address the issue of diplomat Devyani Khobragade to help bring the strategic relations back on track. As TOI reported earlier, US energy secretary Ernest Moniz is ...

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