MasterCard "Priceless" New CEO

"There are some things money can't buy. For everything else, there's MasterCard." 

Every One Knows About This Advertisement and World Renowed Company Master card.So, Here is Recent Update About This Company..............

MasterCard Inc. said President and Chief Operating Officer Ajay Banga will become chief executive on July 1, ending the 13-year reign of Robert Selander as he prepares for retirement.

Mr. Banga, 50 years old, was seen as the heir apparent to Mr. Selander when he joined MasterCard in August after working for 13 years at Citigroup Inc., where he had senior-management roles in the U.S. and abroad. He was among a string of executives who left Citigroup last year for other jobs.

Mr. Banga described his new role as an "opportunity that comes once in a lifetime," during a call with reporters Monday morning. He is on the board of Kraft Foods Inc. and is joining MasterCard's board, effective immediately.

"Innovation is the key to continued success," Mr. Banga said.....

Read more...

Amartya Sen:The Mother Teresa of Economics

Amartya Kumar Sen (born November 3, 1933) is an Indian Economist best known

for his work on famine, human development theory,welfare,economics, and

the underlying mechanisms of poverty. He received the Bank of Sweden Prize

in Economic Sciences in Memory of Alfred Nobel,Nobel Prize in Economics for 

his work in welfare economics in 1998 and the Bharat Ratna in 1999.
 

                     ==Education and career== 

Sen was born in Santiniketan, West Bengal, the University town 

established by the poet Rabindranath Tagore, another Indian Nobel

Prize winner.Tagore is said to have given 

Amartya Sen his name.  Sen first studied in India at the school system

of Visva-Bharati University, Presidency College, Kolkata and at the 

Delhi School of Economicsbefore moving to Trinity College, Cambridge, where he earned a

Bachelor of Arts.BA in 1956 and then a Doctor of Philosophy,Ph.D. in 1959. 

He has taught economics at University of Calcutta,Jadavpur University, Delhi, University 

of Oxford|Oxford,London School of Economics,Harvard University. and,was Master of Trinity

College,Cambridge| University ofCambridge|Cambridge,  between 1997 and 2004.

 In January 2004 Sen returned to Harvard, where he currently teaches.

==Important works==

Read more...