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IIM-A guides schools, academia to fight swine flu
Keeping in mind the panic created by swine flu and its adverse impact on academic activities across the country, the Indian Institute of Management, Ahmedabad (IIM-A), is preparing recommendations to be issued to various schools and colleges in the country. Once ready, the management institute, which has witnessed four cases of swine flu on its campus, will submit the recommendations to the state and central governments for further dissemination to academic institutes.

'Not many first-time buyers purchase low-cost PCs'
Leslie D"Monte / New Delhi October 20, 2009, 0:49 IST

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Bullion to trade higher on economic uncertainty
2009 was a bumper year for bullion investors as both gold and silver reached record highs in domestic and international markets.
Management

BofA appoints Brian Moynihan as President and CEO

Financial services major Bank of America today said its consumer banking chief Brian T Moynihan will replace Kenneth D Lewis as President and Chief Executive Officer of the company on January 1, 2010. - Robert Kelly in lead for BofA CEO job, pay a hurdle - BofA repays US govt entire bailout money - BofA securities sale raises $19.3 billion - "Cross-border deals will drive M&As" - Curl ball - JP Morgan, BofA gear up to fund Hershey"s Cadbury bid The 50-year-old Moynihan would take up the new position and join the board after the retirement of Lewis on December 31, 2009, the US-based bank said in a statement. Moynihan had joined BofA as part of its 2004 purchase of FleetBoston Financial Corp. Over the years he has served as BofA general counsel, chief of global wealth management and consumer bank head. The company selected an internal candidate after months-long search for the top job at BofA. Many times talks were obstructed due to the restrictions imposed by the government on executives compensation. BofA said last week it had repaid $45 billion to the US government to free itself from the restrictions. The company had received bailout money from the government at the height of global financial crisis in 2008.


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