Apple’s iconic co-founder Steve Jobs has relinquished his position as CEO. Jobs has been the face of Apple’s success story over the years and his resignation from the position means a lot.Perhaps the importance of Steve Jobs at the helm of Apple is suggested by the market reactions,as Apple’s shares took a dip as soon as the news came out. Steve Jobs will join the Board of Directors as chairman while Tim Cook will succeed him as the new CEO.So it’s not that Steve Jobs is quitting Apple and hence …

Taking a peek at what’s happening in the smart phone wars,we get the idea that almost everyone are involved on suing one another,like it’s a game to find out who sues the most.Most of these suing is made on Google.From Apple to Microsoft to Oracle,all of them were against Google in court.So was Google feeling the heat? Or is it Android’s success that is making all these to come out against Google in one way or the other? Most of these cases are dealing with patent rights and it did …

Information Technology industry is placed reasonably high in terms of revenues and reputations since the second quarter of 2010. And people say its raining IT jobs. Software engineers are in demand.Attrition and poaching are two terms in every interviews with VPs. This is what happening at a 3LpA to 12LpA.But it seems something similar is happening at the senior management level as well, POACHING CEOs..!!! Sounds bit odd, but that might be the reason a few role changes happened in a number of companies.Examples Google Inc, Wipro Technologies, Hewlett-Packard Co. …

Inflation is the most sought out term in economics. The word etymology is inflatio, to blow. Eg: Inflated balloon. In an economic sense enlargement of prices. A formal definition states inflation as a rise in the general level of prices of goods and services. It is measured as the percentage rate of change of price index, annual change in the price index expressed in percentage. To explain inflation in a lay men language, Rs1 today won’t buy you same number of candies what it could buy a couple of years …

English Premier League club Blackburn Rovers sold to an Indian comapany. Paul Egerton-Vernon, chairman of Blackburn’s trustees who completed the deal said-”We are very pleased to be passing on the Rovers to the Rao family”. Venky’s the new owner bought the club in a 23 million pound deal. Venky’s have become the first Indian concern to own a Premier League side. The Rao family has an extensive range of business interests in India which includes their flagship company Venkateshwara Hatcheries. The company was established in 1976 and was mainly into poultry business. Later on it diversified into health care products, pet food, oil extraction etc. With this $36.66 million deal Venkys stepped into another area-Sports and entertainment.