Bernard Madoff – former chairman of the NASDAQ stock exchange, ‘made off’ with approximately USD65 billion of unsuspecting victims’ hard earned money before being sentenced to a 150-year jail term for his crimes. While some may find comfort in the fact that he will be kept behind bars, nothing can fully remedy the financial loss [...]

In the year 1919, an entrepreneur from California named Roy Allen purchased a root beer formula from a pharmacist in Arizona, mixed up a batch of creamy root beer and sold the first frosty mug of this delightful beverage for five cents. Now, eighty-six years later, A&W Root Beer is still made fresh daily and [...]

Born    : March 29, 1918(1918-03-29) in Kingfisher, Oklahoma, U.S. Died    : April 5, 1992 (aged 74)in Little Rock, Arkansas, U.S. Occupation      : Former Chairman, Wal-Mart Net worth        : US$58.6 bn (1992 Forbes 400), $128.0 billion (2008), according to Wealthy historical figures 2008. When a person from Berryville, Arkansas, began opening discount stores outside [...]

Considered the Indian jewel in the crown of the information superhighway, Sabeer Bhatia was raised in the southern Indian city of Bangalore. Aged just 19, the gifted computer whiz kid moved to California with $250 in his pocket and a head full of ideas. A successful scholarship at the California Institute of Technology was followed [...]

NTPM Holdings profits surged, handily beating our forecast earnings in FYEAprO9 by 15.5% despite 4Q being a seasonally slow quarter. 4Q’s low 18% effective tax rate helped. The low share price volatility and the previous 8% dividend growth promised this to be a stock for the medium to long term. As it continues to notch [...]