Larry Ellison, CEO of Oracle Corporation, gestures as he makes a speech during the New Economy Summit 2014 in this file photo taken in Tokyo on April 9, 2014. The company said Thursday, September 18, 2014, that Ellison would step aside as CEO and become chairman and chief technology officer.; Credit: TORU YAMANAKA/AFP/Getty Images

Oracle says Larry Ellison is stepping aside as CEO of the company he founded. The business software maker promoted Safra Catz and Mark Hurd to replace him as co-CEOs.

Ellison will reclaim the title of chairman at Oracle and is also taking the role of chief technology officer. Oracle says Ellison wants to focus on product engineering, technology development and strategy. Jeff Henley, Oracle's chairman since January 2004, is now its vice chairman.

Catz and Hurd were co-presidents of the Redwood Shores, California, company. Catz will be in charge of the company's manufacturing, finance and legal functions. Hurd will be in charge of sales, service, and other global business units.

Ellison founded Oracle Corp. in 1977 and was its chairman from May 1995 to January 2004.

SARAJEVO, 30 June 2016 - The Special Representative of the OSCE Chairmanship-in-Office on Gender Issues Ambassador Melanne Verveer is to visit the OSCE Mission to Bosnia and Herzegovina (BiH) from 1 to 4 July 2016, where she will meet with officials and activists and discuss the status of women in the country.

In Sarajevo and Zenica, Verveer will meet with the BiH Ministers of Human Rights and Refugees, Security and Defence, as well as representatives of the Gender Equality Committee of the BiH Parliamentary Assembly, State Gender Equality Agency, Entity Gender Centers, international organizations and civil society.

“Gender equality remains high on the agenda of Germany's 2016 OSCE Chairmanship and I am pleased that the OSCE Mission to BiH already has extensive co-operation with the governmental and non-governmental sector in BiH on promoting gender equality,” said Verveer. “I am very hopeful that during my visit we will get concrete proposals on how the OSCE can further assist BiH officials in achieving full respect for human rights and by that, women’s rights in BiH.”

Head of the OSCE Mission to BiH Ambassador Jonathan Moore said: “This is not the first visit of Ambassador Verveer to BiH, but the first in her capacity as the Special Representative of the OSCE Chairperson-in-Office on Gender Issues. We are looking forward to faciliting her visit and continuing our efforts to support women’s political, social and economic empowerment in BiH.”

Ambassador Verveer spent four years working with U.S. Secretary of State Hillary Clinton to co-ordinate foreign policy issues and activities relating to the political, economic and social advancement of women. In 2009, the President of the United States Barack Obama nominated Verveer to be the first ever U.S. Ambassador-at-Large for Global Women’s Issues at the Department of State, and appointed her to serve as U.S. Representative to the UN Commission on the Status of Women.

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1. The petitioner is invoking the extra-ordinary jurisdiction of this Court by instituting the present writ petition under Article 226 of the Constitution of India, 1950, seeking the following reliefs:

"(a) to issue writ of mandamus/direction to institute comprehensive enquiry by appropriate agency preferably by C.B.I, for fixation of responsibility on those officials and contractors involved in the construction of multistoried complex of 816 flats at Jhilmil Colony, Phase - II in the year 1986-88.

(bi) the respondent to pay sum of Rs. 12,10,000/- to the petitioners as a compensation on account of loss of dependency, reimbursement of medical expenses, repair of balcony, loss of love & affection, mental agony and harassment suffered due to sudden demise of Shri Suresh Rustagi on 20.07.2000, as a result of collapse of balcony, of the flat no. 121-C, IInd Floor, Pocket A-1, Jhilmil, Phase-II, Delhi - 110095.

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1. Arvinder Singh Sahney takes charge as Chairman of IndianOil  ANI News
2. Arvinder Sahney takes the reins of IOC chairman  The Times of India
3. Arvinder Singh Sahney appointed Indian Oil CMD  Mint
4. WILL A K SAHNEY BE THE NEXT CHAIRMAN OF IOCL  Indian Mandarins
5. Arvinder Singh Sahney is new chairman of Indian Oil  The Hindu

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The National Association of Broadcasters (NAB) will present the Television Chairman’s Award to award-winning talk show host, actor, producer and recording artist, Jennifer Hudson. The ceremony will take place on the Main Stage at NAB Show during the We Are Broadcasters session on Tuesday, April 16 at 9:30 a.m.

BAD REICHENHALL, Germany, 14 July 2016 – A two-day conference on confidence-building measures in the Transdniestrian settlement process was held in the town of Bad Reichenhall in Germany on 12 and 13 July 2016. As in past years, the conference, which traditionally takes place in the German state of Bavaria, brought together political representatives of the sides and international 5+2 partners in an informal setting to address the challenges at hand and advance confidence-building measures that would strengthen the process.

“The past few months have witnessed intensified dialogue between the sides, thanks in no small part to the unparalleled efforts and consensus among the mediators and observers,” noted Ambassador Cord Meier-Klodt, Special Representative of the German OSCE Chairperson-in-Office for the Transdniestrian Settlement Process.

During 5+2 talks on 2 and 3 June in Berlin, the sides committed to undertake concrete steps within a set timeframe, including in the fields of ecology, education, transportation and telecommunications.

“Of the commitments included in the Berlin protocol, the sides have completed an agreement on ecology and exchanged lists on the issue of criminal cases,” said Ambassador Michael Scanlan, Head of the OSCE Mission to Moldova. “The Bavaria conference’s informal setting provided a unique opportunity for the sides to continue working towards the remaining agreements in order to deliver important benefits for people on both banks and to strengthen the settlement process.”

“As a confidence-building measure in support of the formal process, I’m happy to say that the conference succeeded in promoting the emphasis on an outcomes-based process that the German Chairperson-in-Office and our international partners believe is a precondition for progress,” concluded Ambassador Meier-Klodt.

The conference is a multiyear initiative funded by the German government and was organized by the OSCE Mission to Moldova.

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Trent Limited, a Tata Group company, witnessed a 40% rise in net sales for the quarter ending in September. The retailer's revenue reached Rs 4036 crore, while net profit saw a 46% increase to Rs 423 crore. Despite the growth, consumer sentiment remained subdued. Trent opened 43 new stores during the quarter, expanding its presence to 184 cities.

Ascot Group Limited announced that Kewsong Lee, the Founder and CEO of BellTower Partners [BellTower], will be appointed Chairman of the Ascot Board of Directors. A spokesperson said, “Ascot Group Limited, the Bermuda-based global specialty insurance company, announced that Kewsong Lee, the Founder and CEO of BellTower Partners [BellTower], will be appointed Chairman of the […]

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