Even though the promoters of Mindtree once vehemently opposed the takeover by L&T, the appointment of new additional directors from L&T on Mindtree's board has come through a board resolution

All 13 presidents of the development lender have been American men

Earlier in his career, Malpass served as the US Deputy Assistant Secretary of the Treasury for Developing Nations and Deputy Assistant Secretary of State for Latin American Economic Affairs.

An expert on IP rights and international trade relations related to pharmaceuticals, Shah had fought for Indian generic industry in several WTO and many other international pharma and IPR deliberations.

The quality of board decision-making is directly tied to the quality of the inputs that a board gets. Inadequate, confusing, sloppy, overly complex or just plain wrong reporting to the board will trigger disaster for the enterprise.

From renowned banker like Uday Kotak to executives who've had diverse experience in their careers, here are the new board members of IL&FS.

Railway Minister Suresh Prabhu presented the Railway Budget for the 2015-16 financial year in the Lok Sabha on Thursday. Here's the full text of his speech -

Sebi has extended the deadline for appointing at least one woman director to April 1, 2015.

Jim Yong Kim's selection as the next president of the World Bank reaffirms the longstanding tradition of an American leading the Washington-based institution.

Yogi Deveshwar's crack team has converted every penalty corner into a goal.

He not only teaches and researches family businesses but also advises them in depth — hence the designation \"clinical professor\".