2. • Handset maker Motorola's India-
born Co-Chief Executive Sanjay
Jha is listed among the 25 most
"overpaid CEOs" of last year by
the US proxy advisory firm Glass
Lewis.
1.
• Yahoo Inc CEO Carol Bartz tops
the list of the executives who
were paid too much for running
underperforming companies.2.

3. The dream car, the most expensive and
fastest cars on planet, legendary french
brand bugatti is hitting Indian roads in
last week of october at Rs 12 crore.
The bespoke super car has crossed
430km/hr speed and has 8-litre engine
churning outa whoping over 1200 Nm
of power.
It would be competing against swedish
koenigsegg and the American ultimate
Aero TT handmade from shelby super
cars for the top slot.

4.  .
• India expects investments
of $14 billion in its ninth
licensing round for
exploration blocks.
1.
• In its previous eight
rounds of auctions, New
Delhi has awarded 235
blocks
2.

5. Swedens Ericson and Finland
headquartered Nokia siemens
networks roll out 3G network for
Vodafone Essar.
Vodafone gave a 3year contract
estimated to $500 mn to gear markets
who are companies existing equipment
vendors.
With the implementation of 3G roll out ,
more than 113.77 mn vf users would
avail high end services such as video
calling, interactive games and use of
high speed net.

6.  RIM says it has no "master key" to unlock
encryption codes of clients which are set
at the user level and argues the issue is
an industry-wide concern.
 The government made it clear on 26th
that Blackberry services may be banned
if its maker fails to give any solution.

7.  Two Indian women had made it to Forbes list of 100 most
powerful women with US first lady with Michelle Obama at
the top.
 India-born PepsiCo Indira Nooyi in sixth place.
 Axis bank chief executive Shikha Sharma, ranked 89th.
 ICICI bank chief executive Chanda Kocchar was in the 92nd
place.

8.  Dairy products major Nestle India will set a food
and beverage unit in Himachal Pradesh with an
outlay of Rs. 250 crore.
 Nestle has identify 30 acres of land near talewal
in una district for setting up its facility.

9.  RIM says it has no "master key" to unlock
encryption codes of clients which are set
at the user level and argues the issue is
an industry-wide concern.
 The government made it clear on 26th
that Blackberry services may be banned
if its maker fails to give any solution.