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Bankers at Davos recoil in political backlash
For a sign of how the mood has changed at the World Economic Forum in Davos this week, consider the speakers at an invitation-only client lunch hosted by Paul Calello, who runs Credit Suisse Group AG’s investment bank.

Offers that lead to despair
Beware of investment products that promise the moon.

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Setting 'example', Mukesh takes pay cut
Reliance Industries (RIL) Chairman Mukesh Ambani has decided to take a big pay cut. His pay for 2008-09 has come down by 66 per cent, or nearly two-thirds, to Rs 15 crore from Rs 44 crore in the previous year.
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Reddy's son, Jaganmohan, meets Sonia

Y S Jaganmohan Reddy, son of late Y S Rajashekhara Reddy, today met Congress President Sonia Gandhi at her residence here, amid demands by his supporters to make him chief minister of Andhra Pradesh. - Bharathi Cement to add 2.5 million tonne capacity by 2010 - Centre, Andhra sign pact for petro investment region - 'I have nothing against Jagan or anyone else' - YSR memorial park to come up in Nallamala forest - Congress retains Tekkali seat in bypolls - Arogyasri building to be named after YSR This is the first visit of the Jaganmohan to the national capital after the death of his father in a helicopter crash. The meeting between Gandhi and Jaganmohan lasted for over an hour but he refused to comment on what was discussed between the two. On Wednesday, the 37-year-old first-time MP from Kadapa had sought an appointment with the Congress President.


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