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  • Eight Indian CEOs At Big U.S. Companies

    Apart from their managerial skills Indians are very loyal and generally mind their own business and integrate well into the society in which they find themselves in.
    A scan of America’s large corporations shows the ethnic group’s growing presence.
    The chief executive of PepsiCo would be prominent no matter what. The fact that the current one–Indira Nooyi–is an Indian immigrant (and female, in case you’ve been living under a rock) makes her all the more noteworthy. At the age of 53, Nooyi is one of eight chief executives of large U.S. corporations (with revenues of at least $2 billion) who are of Indian origin.

    ”It’s not a not a surprise that we’re seeing Indians rise in corporate ranks,” says Richard Herman, coauthor of a book on migrants to the U.S., Immigrant, Inc. ”Of all the immigrant groups coming in today, Indians are head-and-shoulders above others, and this is partly because of their English language skills and also the advanced education that many of them are bringing to the U.S.”

    Nooyi, says Herman, is part of a growing trend where U.S. companies are being created, or led, by foreign-born individuals who bring in something special. Herman cites new research from Brigham Young University showing American workers innovate and solve problems faster when working with a ”socially distinct newcomer,” meaning, a person from another culture.

    Vikram Pandit, the embattled CEO of Citigroup ( C – news – people ), is the other prominent native Indian in the corner office. Prior to joining the ailing bank he was president of Morgan Stanley ( MS – news – people )’s investment banking, fixed income and capital markets businesses and cofounded and was the chairman of a hedge fund, Old Lane Partners.

    Technology is a field particularly receptive to the foreign born. Kenya-born Francisco D’Souza heads Cognizant Technology Solutions ( CTSH – news – people ), which outsources IT services for its Western world clients. D’Souza, 40, whose grandparents hailed from Goa in India, joined the company in 1994 when it was founded and within three years had gone up the ranks to become director of North American operations. Shantanu Narayen, 46, is at the helm at Adobe Systems ( ADBE – news – people ). The diversified software company’s flagship Internet video tool is Flash.

    At least one top boss of Indian descent is plotting a growth strategy. Quest Diagnostics ( DGX – news – people )’ head Surya Mohapatra has raised $750 million from the capital markets for acquisitions. Apart from diagnostic services through its network of clinics, the company also conducts gene-based tests and clinical trials.

    The article omits any mention of Sara Mathew, who will be CEO of D&B (Dun and Bradstreet) with effect from July 1, 2010. The announcement was made back in November itself. D&B though smaller than

    Despite these personal success stories the number of immigrants who are leading corporate America, Indian or otherwise, is still a tiny fraction. But, says Herman, ”look at where the data was ten years ago and maybe it was zero or one [Indian then].”

    Future CEO candidates might want to look for a tough assignment in order to break through. “Americans are having a tough time dealing with global diversity, Herman adds, “ but just look at who was running the Tarp financial-rescue fund–Neel Kashkari”–an Indian-American who is now joining bond giant Pimco as a managing director.
    http://www.forbes.com/2009/12/17/indian-ceos-united-states-forbes-asia-indian-ceos.html?partner=popstories

  • Most Affordable 2010 Cars

    Pay attention to more than price when looking for a wallet-friendly vehicle.
    In 2010, three tailor-made Bugattis–the Veyron Sang d’Argent, the Grand Sport Soleil de Nuit and the Veyron Nocturne–will hit the road. The supercars, which get to 60 mph in under 2.5 seconds, will be available next spring. Price? More than $2 million apiece.

    For the driver looking for speed at a less-racy price, a 2010 Chevrolet Camaro or Jaguar XF will still roar (the Camaro’s V8 SS gets to 60 mph in 4.6 seconds, the Jaguar’s supercharged V8 in 4.7) but won’t break the bank in the process.

    Those performance cars join the Toyota ( TM – news – people )Avalon, Lincoln MKS and Nissan Maxima on our list of the most affordable vehicles in their segment. They may not have the lowest manufacturer suggested retail prices on the lot, but over years of ownership, their value becomes readily apparent.

    Behind the Numbers
    To identify 2010’s most affordable vehicles for their segment, we used Vincentric data to determine the total cost of ownership for a vehicle, including five-year totals for fuel costs, maintenance, repairs, average national insurance rates, depreciation, interest, opportunity costs and taxes. (Vincentric is an auto consulting firm based in Bloomfield Hills, Mich.)

    The data assumes an annual rate of 15,000 miles driven per vehicle and a price of $2.60 for regular fuel, $2.86 for premium, and $2.75 for diesel. It also applies an inflation rate for fuel prices, since the calculations predict costs over five years. We evaluated affordability based on the percentage of each vehicle’s total five-year costs compared with its total costs, including base price and one-time fees. MSRPs are adjusted for fees and destination charges, in accordance with Vincentric data.

    Toyota and Chevrolet each did well on our list, with entries like the $27,670 Toyota Prius, $27,075 Toyota Tacoma, $65,588 Chevy Silverado, and $68,280 Chevrolet Corvette all leading their segments.

    Sales last month for each of those automakers reflect their appeal: Toyota posted gains of 1% over November 2008; Chevrolet gained 4.8% year-over-year. Overall, the industry broke even in sales year-over-year. Asian brands gained 6.8% total; domestics lost 6.8%.

    From our list of affordable cars, the Prius sold 9,617 units last month, up 11.1% over November 2008. While Prius owners can expect to pay $4,296 on fuel for five years, and $915 on repairs, owners of vehicles in the same segment can pay as much as $12,300 and $1,240, respectively.

    Education Pays
    Experts say cars like the Prius and BMW’s X6 (up a respectable 7.8% last month) appeal to consumers because they offer a whole package of value, not just a cheap sticker price. Prospective buyers are smarter than ever about determining which vehicles are affordable.

    Two things automakers are doing to improve the affordability of their cars–besides lowering the price, of course–are improve reliability and efficiency. (The combustion engine alone could improve its efficiency by as much as 20%, according to engineers at Bentley). Maintenance, repairs and fuel comprise a large chunk of expenses over five-years’ time. The less often a car has to be at the gas station or in the shop, the more money it saves.

    Consumers are catching on. Auto sales are projected to hit 11 million by year end (down from 13.2 million in 2008)–but Internet traffic related to buying is way up, says Chip Perry, CEO of Autotrader.com. The Atlanta-based automotive marketing company lists local dealer inventories, buying and selling tips, comparison tools, reviews and pricing and incentive information for prospective buyers. It has gained a 35% year-over-year increase in on-site traffic for the past 10 years. Perry doesn’t expect it to let up anytime soon.

    “Our average monthly total audience was 15.3 million [unique visitors] through September,” he says. “You would expect that our numbers are going down, but we’re up 8% over 2008. We expect to grow next year.”

    Seventy-five percent of car-buyers shop online, according to AutoTrader data, with the average buyer spending 55 minutes a month researching vehicles on the site. Chevrolet is the No. 1 shopped-for car brand on AutoTrader.com. Toyota is No. 3. (Ford is No. 2).

    David Wurster, who leads product development and industry analysis for Vincentric, says the exponential growth in online research is no surprise. Self-education is the key to finding something affordable.

    “Just intuitively, you know that in a down economy that is what consumers need to be doing,” he says. “This is how you really determine how much it costs to operate the car, as opposed to just the payment.”

    That’s small consolation to would-be Bugatti owners. No amount of research will make those cars affordable.

  • The brain may feel other people’s pain

    We are all parts of the Universal conciousness, which is an attribute of Reality( Brahman)
    This was called(consciousness) was named as elan vital by Henri Bergson.
    We feel, rather we think, we are different from others due to Space and Time.Please read my blogs on Philosophy and Astrophysics.
    NEW YORK (Reuters Health) – If you’ve ever thought that you literally feel other people’s pain, you may be right. A brain-imaging study suggests that some people have true physical reactions to others’ injuries.

    Using an imaging technique called functional MRI, UK researchers found evidence that people who say they feel vicarious pain do, in fact, have heightened activity in pain-sensing brain regions upon witnessing another person being hurt.

    The findings, published in the journal Pain, could have implications for understanding, and possibly treating, cases of unexplained “functional” pain.

    “Patients with functional pain experience pain in the absence of an obvious disease or injury to explain their pain,” explained Dr. Stuart W. G. Derbyshire of the University of Birmingham, one of the researchers on the new study.

    “Consequently,” he told Reuters Health in an email, “there is considerable effort to uncover other ways in which the pain might be generated.”

    Derbyshire said he now wants to study whether the brains of patients with functional pain respond to images of injury in the same way that the current study participants’ did.

    For the study, Derbyshire and colleague Jody Osborn first had 108 college students view several images of painful situations — including athletes suffering sports injuries and patients receiving an injection. Close to one-third of the students said that, for at least one image, they not only had an emotional reaction, but also fleetingly felt pain in the same site as the injury in the image.

    Derbyshire and Osborn then took functional MRI scans of 10 of these “responders,” along with 10 “non-responders” who reported no pain while viewing the images.

    Functional MRI charts changes in brain blood flow, allowing researchers to see which brain areas become more active in response to a particular stimulus. Here, the researchers scanned participants’ brains as they viewed either images of people in pain, images that were emotional but not painful, or neutral images.

    The investigators found that while viewing the painful images, both responders and non-responders showed activity in the emotional centers of the brain. But responders showed greater activity in pain-related brain regions compared with non-responders, and as compared with their own brain responses to the emotional images.

    “We think this confirms that at least some people have an actual physical reaction when observing others being injured or expressing pain,” Derbyshire said.

    He noted that the responders also tended to say that they avoided horror movies and disturbing images on the news “so as to avoid being in pain” — which, the researcher said, is more than just an empathetic response.

    As far as the potential practical implications of the findings, Derbyshire said it would be a “reach” to think that such brain mechanisms might be behind all functional pain. But, he added, “they might explain some of it.”
    http://www.reuters.com/article/idUSTRE5BK35F20091221?feedType=nl&feedName=ushealth1100

  • Bus Thief smashes into 50 cars on rampage.

    Watch video.

    http://news.sky.com/skynews/video

  • US ‘Forged’ Nuclear Documents, Says Iran

    Charges and counter charges-who is telling the Truth?
    Iran’s president has said documents appearing to show his country is working on a nuclear bomb trigger were “forged” by the US.

    Iranian president Ahmadinejad visits the Natanz nuclear enrichment facility
    The papers, revealed last week by The Times newspaper, describe a four-year plan to test the neutron initiator.
    Iranian leader Mahmoud Ahmadinejad said the reports about a nuclear trigger were “fundamentally not true”.
    Speaking to US TV network ABC News, he said of the documents: “They are all a fabricated bunch of papers continuously being forged and disseminated by the American government.”
    Foreign intelligence agencies have dated the documents to early 2007, four years after Tehran was thought to have suspended its weapons programme, the newspaper claimed.
    The world powers know the documents are damning but they are choosing to wait until they use them to try and damn Iran.
    Sky’s foreign affairs editor Tim Marshall
    He said accusations that Iran was continuing work on a nuclear arms plan were “a repetitive and tasteless joke”.
    US President Barack Obama’s senior advisor David Axelrod has said any accusation that Washington had fabricated documents was “nonsense”.
    He added: “Nobody has any illusions about what the intent of the Iranian government is.”
    Tehran has insisted its nuclear programme is solely for civilian purposes and rejects Western suspicions that it is covertly trying to develop a bomb.
    Mr Ahmadinejad also said Iran was ready to strike a uranium enrichment deal if the US and the West respect the Islamic Republic and stop making threats.
    Iran is under three sets of UN sanctions for refusing to suspend enrichment and it risks more after rejecting a UN-brokered deal to send its low-enriched uranium abroad to be further refined into fuel for a reactor.
    http://news.sky.com/skynews/Home/World-News/Iran-President-Mahmoud-Ahmadinejad-Says-US-Forged-Documents-About-Nuclear-Bomb-Trigger-Claims/Article/200912415506440?DCMP=EMC-news_OBU