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06 February 1998
  Gates gets an egg on his face at Brussels
Microsoft chairman Bill Gates got a face full of custard pie during his visit to Brussels. The attack took place as Gates, fresh from a visit with world and business leaders in the Swiss ski resort of Davos, was about to attend reception given by the Belgian Flemish community.
  Real rate of return for investors not so bad
Some recent debt issues have shown hardening of interest rates of late. Even if these rates remain at current levels for some time, they have significant implications for individual investors. This has meant that the real rates of returns to investors have not declined as much as the declining rates of interests seem to suggest. In fact, the real rates of return might have gone up.

The Three spheres of success of a manager
"We need leadership, not just brains," says Roderick Wilkinson, fellow of the Institute of Personnel Management, UK. He goes on to give examples of what he means by this. "For instance, it was a Briton, Alexander Fleming, who developed penicillin. But it was business leadership that developed it commercially in the US. It was a Scotsman named Baird who invented the television; but it was leadership in Italy, USA, and Japan that developed it beyond far greater bounds than Britain found possible."
Liposuction is no cure for obesity
It's ironical. Obese people who need fat shedding the most don't lend themselves safely to liposuction. The localised removal of isolated deposits of fat further strains their already overburdened cardio-vascular and respiratory systems. Similarly, it can't cure bulimia, beautify skin imperfections, camouflage spider veins or strengthen skin elasticity.


LIC

Syndicate Bank

NCPRB

 

Club Med closes sole domestic sales office
Club Med, one of the larger resort companies in the world, has closed down its only sales and reservations office in India, and instead appointed Thomas Cook as its general sales agent for the country. The step is widely believed to be part of the downsizing and consolidation exercise in the Club Med worldwide which is reported to have turned in none-too-encouraging results last year.

DAKS Simpson likely to set up domestic hub
DAKS Simpson, Britain's 100 year old premium apparel manufacturing company, is planning to set up a manufacturing base in the country. The company is currently trying to establish its brand in the domestic market through retail outlets. The company is considering the plan and may set up a manufacturing base in Bangalore.

 


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