With a public apology and another appeal for privacy, Tiger Woods acknowledged Wednesday that he let his family down with unspecified "transgressions" that he regrets with "all of my heart." "I have not been true to my values and the behavior my family deserves," Woods said on his Web site following a magazine report .. more »

What hasn't ended is the public's fascination with his private life, which may get more complicated. Us Weekly magazine, which hits newsstands on Wednesday, features a cover story alleging that a Los Angeles cocktail waitress had a 31-month affair with the world's No. 1 golfer and that the proof was in 300 text messages. Last week, just two days .. more »

What started off as a ‘Lehar’ (wave) has now become an ocean. From being just a beverage company 15 years ago, Pepsico is one of the dominant forces in the foods space as well. In terms of marketing there are few companies (Vodafone comes to mind) which have consistently produced such great advertising. Campaigns .. more »

For a 20-year loan of Rs 30 lakh, a borrower will pay a fixed rate of 8.25% up to March 2012 and then a floating rate that’s 500 basis points below the prime lending rate (PLR) — the institution’s benchmark rate. Currently, the PLR is 13.75%. The scheme is strikingly similar to what SBI launched .. more »

The imagery that most people have of a will is that it is one of the last things to be done in life’s to-do list. The reality is that it is an asset allocation plan for an emergency that you constantly review and update if necessary. Disputes within big business families over inheritances have highlighted the need to have a .. more »

The underpinning of great brands is Trust. Brand Equity unveils probably the most comprehensive article of faith in the Indian brand world and the most unique listing of its kind - Brand Equity Most Trusted Brands 2009. And this, the single-biggest study of its kind, has now become the gold standard for the entire marketing and advertising .. more »

Flush with cash, mutual funds (MFs) have been deploying their surplus funds in CP issued by top-rated corporates, at rates ranging from 3-5.5%. As a result, top corporates like IOC, HPCL, Tata Motors and L&T Finance have become very active in the CP market. In fact, CP issuances have risen to an all-time high this year. According to the latest .. more »

The 20-year-old undergrad of Shri Ram College of Commerce (SRCC) is now the toast of Delhi University (DU) as he has teed in an offer from Deutsche Bank for an annual compensation package of Rs 32 lakh ($69,000). Mathur, a resident of Civil Lines in Delhi, will be trained in London next year for a plum posting abroad. The size of the offer made to .. more »

NEW DELHI: India Inc has found a new, cheaper way of meeting its funding requirements borrowing from mutual funds through short-term commercial paper (CP), at rates lower than what any bank can offer. Flush with cash, mutual funds (MFs) have been deploying their surplus funds in CP issued by top-rated corporates, at rates ranging from 3-5.5%. As a .. more »

"We had sought some information from Vavasi about the company itself, which we have not got. To that extent it can be implied that the acquisition of Zain Telecom is on hold," BSNL chairman and managing director Kuldeep Goyal said. Asked if BSNL is looking to approach Zain Telecom directly, he said "nothing like that at the .. more »

Bharat Sanchar Nigam Ltd has put on hold its plan to acquire a stake in Kuwaiti telecoms firm Zain, BSNL Chairman Kuldeep Goyal said on Wednesday. BSNL and state-run Mahanagar Telephone Nigam Ltd have been considering partnering India's little-known Vavasi Group and Malaysian billionaire Syed Mokhtar al-Bukhary to take a 46 per cent stake in .. more »

NEW DELHI (Reuters) - Bharat Sanchar Nigam Ltd has put on hold its plan to acquire a stake in Kuwaiti mobile telephone operator Zain, BSNL Chairman Kuldeep Goyal said on Wednesday. Shares in Zain, the largest listed company on the Kuwait benchmark by market capitalisation, were down 4.1 percent at 0853 GMT, as the news added to the uncertainty .. more »

NEW DELHI (Reuters) - Bharat Sanchar Nigam Ltd has put on hold its plan to acquire a stake in Kuwaiti telecoms firm Zain, BSNL Chairman Kuldeep Goyal said on Wednesday. BSNL and state-run Mahanagar Telephone Nigam Ltd have been considering partnering India's little-known Vavasi Group and Malaysian billionaire Syed Mokhtar al-Bukhary to take a 46 .. more »

Taipei: Gold prices are currently high and markets should be careful of a potential asset bubble forming, a senior official at China's central bank said on Wednesday, as prices for the precious metal hit a record high. "We must keep in mind the long-term effects when considering what to use as our reserves," Hu Xiaolian, a .. more »

Gold prices are currently high and markets should be careful of a potential asset bubble forming, a senior official at China's central bank said on Wednesday, as prices for the precious metal hit a record high. "We must keep in mind the long-term effects when considering what to use as our reserves," Hu Xiaolian, a vice-governor at .. more »