The East India Company which ruled India for more than 200 years is now ruled by an Indian Sanjiv Mehta who took over the company for $150 million.Sanjiv Mehta, CEO of The East India Company
http://en.wikipedia .org/wiki/ East_India_ Company
East India Company today
In 2005, Sanjiv Mehta, a Mumbai based India-born entrepreneur bought the East India Company (EIC) from the "30 or 40" people who owned it. The relaunched East India Company is headquartered on Conduit Street in Mayfair. With an investment of $15-million, the first East India Company store was launched in London's upmarket Mayfair neighbourhood in March 2010.
Automobile Giant Honda recalls 646,000 Fit/Jazz & City cars worldwide because of its window switch defect which could lead to fire.Yesterday it was Toyota and today its Honda. Whats the problem ? Under some severe operating conditions, water or any other liquid may enter the driver's window and reach the master power window switch resulting in impaired function of the switch. If the master power switch is damaged then it may lead to fire and and threat to life. There were three reported cases of fire due to the defect two in America and one in South Africa. Jazz in India wont be hit Honda spokesperson in India said it wont affect Jazz in India because the hatchback sold in India are next generation model and the defects pertains only to the previous generation models which was not sold to India.
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