A 50-year old Englishman from Derby, UK, Karl Slym found it tough to acclimatise to India when he shifted base to the sub-continent in 2007. Yet, of the eight-odd countries he has lived in, Slym and his wife Sally&mdash;whom he met thirty years ago while she was sorting out his claim at the insurance office, post Slym crashing his car&mdash;chose to buy their first house in the capital.

Newsmaker: Karl Slym

Business Standard

Naik, currently Chairman and Managing Director, will get a monthly salary of Rs 22 lakh, perquisites of Rs 25 lakh a year, commission of 0.3% of annual operating net profit after tax, besides a host of other benefits in his new role.

L&T chief Naik's annual salary to jump over 35% in new role

Press Trust of India

Engineering and construction firm Larsen and Toubro (L&amp;T) today said Ravi Uppal, Whole-Time Director and President (Power), has put in his papers.

Ravi Uppal quits L&T

Ford India today announced appointment of Vinay Piparsania as the company's new Executive Director, Marketing, Sales and Service.

Ford India appoints Vinay Piparsania as marketing, sales head

They are Indian advertising&rsquo;s hottest creative duo and their over Rs 100-crore deal with Dentsu this week (under which the Japanese agency has bought 51 per cent in Taproot but has allowed the existing management to continue running the agency) has simply reinforced their position in the industry.

Newsmakers: Agnello Dias and Santosh Padhi

During the heyday of mobile value-added-service (VAS) provider OnMobile, CEO and Managing Director Arvind Rao was known as a man with a Midas touch. Today, he is no longer at the helm of the company, having resigned in ignominy under allegations of financial malfeasance within the firm which he, as CEO, has shouldered responsibility for.

Newsmaker: Arvind Rao

Shinzo Nakanishi, the 65-year-old managing director and chief executive officer (CEO) of Maruti Suzuki India Ltd (MSIL), spent the better part of last week visiting and apologising to injured colleagues across half a dozen hospitals in Gurgaon, Haryana.

Newsmaker: Shinzo Nakanishi

Ravinder Kumar Rishi is a multi-faceted businessman about whom the Indian press, especially the pink papers that specialise in bombastic headlines, was extremely bullish. &quot;Another Indian scripts success in Europe&quot; screamed one headline. Another wrote an editorial about Rishi that was headlined: 'Flying High'. Yet another said: &quot;Vectra scoops Czech truckmaker Tatra&quot;.

Newsmaker: Ravinder Kumar Rishi

Tramiel's son and physicist Leonard Tramiel confirmed his father's death.

PC pioneer Jack Tramiel dies at 83

Reuters 

Facebook certainly thinks so, considering they forked out exactly that amount for Instagram, a free photo sharing mobile phone program&mdash;called an app&mdash;that allows you to click a photo, apply a digital filter to it, and then share it with your friends. This is an astounding purchase for a few reasons.

Newsmaker: Kevin Systrom

PepsiCo Inc Chief Executive Indra Nooyi had total compensation worth $17.1 million last year, up 6% from 2010, even as the food and drink company failed to meet its key internal performance targets.

PepsiCo CEO Nooyi gets $17 mn in compensation

It is curtains on a three-year litigation drama for Dilip Shanghvi, as his company, Sun Pharma &mdash; the country&rsquo;s biggest drugmaker by market capitalisation &mdash; announced the completion of its open offer to acquire ordinary shares of Israel&rsquo;s Taro Pharmaceuticals a few days ago.

Newsmaker: Dilip Shanghvi

The decision of Ananda Mukerji, former CEO and managing director, Firstsource, to join Bharti Group, has taken many by surprise in the IT industry.

BS People: Ananda Mukerji

When G M Rao, the media-shy chairman of GMR Infrastructure, pledged his entire personal stake of Rs 1,540 crore in the company, it did not surprise many. But the timing did. It coincided with Warren Buffett&rsquo;s India visit to encourage rich Indian businessmen to donate part of their wealth for philanthropic activities. GMR Group officials say it is the culmination of years of effort from Rao and was not planned to coincide with Buffett&rsquo;s visit.

Newsmaker: G M Rao

Change seems to be a keyword in premium car manufacturer Honda&rsquo;s operations in India these days. The Japanese auto major, which operates through a joint venture with the Siel Group of India, announced its decision to launch small car Brio in the Indian market last year. Honda Siel Cars India (HSCI) is mostly known for its sedans &mdash; City, Civic and Accord &mdash; in the country.

BS People: Seki Inaba

Over masala tea and sandwich, the 40-year old McCann India Chairman says advertising is now less about a make-believe wonder world.

Tea with BS: Prasoon Joshi

In his Twitter profile, the tag says it all: "Personal computing, Chrome, Chrome OS, Google, family, friends and life".

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