Google Is The Best Company To work For:

Fortune

New York: For the fifth consecutive year, Internet search giant Google has been named as
the best company to work for by Fortune Magazine.
Google has topped the latest list of '100 Best American Companies to Work for' followed by
-- software developer SAS and strategy consultants the Boston Consulting Group in the
second and third positions, respectively.
"Google's stock climbed past1,000dollars in 2013, a boon for Googlers, all of whom are
stockholders," Fortune said adding that "Google tops the list once again, marking its eighth
appearance and fifth time as No. 1."
The tech giant's well-documented employee benefits helped land it the top spot on this list,
the magazine said and added that its perks go beyond the office.
So much so that three winners of Google's annual talent show opened for Bruno Mars at his
Las Vegas show in April at the Global Sales Conference.
Others in the top ten companies include, financial services firm Edward Jones ranked fourth
in the list, mortgage lender Quicken Loans, biotech giant Genentech, leader in cloud
computing salesforce.com, software firm intuit, financial services company Robert W Baird
& Co and DPR Construction.

Among other noted names, Qualcomm was ranked 32 in the list, Goldman Sachs Group
(45), CISCO (55), Marriott International (57), Deloitte (61), PricewaterhouseCoopers (65),
American Express (67), Novo Nordisk (72), Ernst & Young (78), Discovery Communications
(79), KPMG (80), Intel (84), Microsoft (86), Accenture (90) and Hyatt Hotels (95).

To pick the 100 Best Companies to Work For, Fortune partnered with the Great Place to
Work Institute. More than 252,000 employees at those companies were surveyed by the
institute.

Any company that is at least five years old and has more than 1,000 U.S. employees is
eligible.

Rate Hike To Bring Down Inflation, Says

Rajan
Mumbai: Reserve Bank Governor Raghuram Rajan today said the decision to hike repo rate
by 0.25 per cent was to bring down inflation and not because of any financial market
turmoil.

The Governor also said he would have liked to see a stronger reduction in core inflation,
which stayed steady in the past few months.

“I think for some time we have been saying very clearly that we are focused on preserving
the value of the rupee in a domestic context by preserving it in the international context,” Dr
Rajan said during the customary post-policy conference call with analysts.

“Preserving the rupee in the domestic context means bringing inflation under control. So,
once we do that, we believe that investor confidence naturally follows and so it (rate hike)
was a decision that would have been taken whether or not there was financial market
turmoil in the last few days,” Dr Rajan explained.

In an unexpected move, the RBI increased the short-term lending rates or repo rate by 25
basis points to 8 per cent with an equal upward revision in reverse repo and the MSF rates
on Tuesday, citing core and retail inflation concerns.

But while acting hawkish, his guidance was dovish saying Reserve Bank of India does not
see the rates rising in the near-term and that any reduction in core and retail inflation will
give the central bank more room to support growth by slashing rates.

Explaining the reason for the recent volatility in the domestic market, Dr Rajan said the sell-
off was due to outflows from short-term funds.
“We believe that as far as we are concerned there is some build-up of short-term flows in
January and some of them are existing,” he said.

He said the current sell-off is temporary in nature and the country is well prepared to meet
any kind of volatility.

“We don’t think this is a longer-term situation, unlike we saw in July and August (last). We
are much better prepared this time, and to the extent it happens, I am not overly
worried.&rdquo

On a question over the Turkish central bank hiking interest rates, Dr Rajan said, “Turkey-
like policy action is hypothetical, I won’t venture (out) there.

_______________________________________
_______________________________________
_______ Meet India's Super Rich
Philanthropists
Bangalore: "Money is like manure. If you spread it around, it does a lot of good, but if you
pile it up in one place, it stinks like hell," said businessman Clint W. Murchison. There are
billionaires all around the globe who follow this quote. When it comes to donate money for
causes, Indians do not share the same mindset like Bill Gates or Warren Buffett but still
there are a few who have decided to give away their fortune for noble causes and the latest
list is topped by Azim Premji of Wipro.
Listed below are a few Indian businessmen who have made a lot of contribution through
generous charities and donations, as listed by Yahoo.

8. Ratan Tata, Tata Group

The former Chairman of multi-billion dollar

Tata Group, Ratan Tata, made donation of 310 crore for the underprivileged through JRD
Tata Trust and Sir Ratan Tata Trust. Ratan Tata hails from a family that greatly believes in
philanthropy. The Tatas have continued a practice to bestow much of their personal wealth
to the many trusts they have created for the greater good of India and its people. The Tata
trusts controls 66 percent of the shares of Tata Sons and the wealth collected from this asset
chains an assortment of charity, institutions and individuals in every possible way

___________________________________________________________--

Satya Nadella is new CEO of Microsoft

John Thomson will be new chairman of the company, while Bill Gates will take on new
role as Technology Advisor
India-born senior Microsoft executive Satya Nadella has been named the new CEO of Microsoft,
while John Thomson will be new chairman of the company. According to news reports, Bill Gates will
take on new role as Technology Advisor.

Nadella is only the third CEO in Microsoft's 39-year history, following co-founder Bill Gates and
Ballmer.

Nadella was among the top two likely candidates whose name was being considered for becoming
the next CEO of the world's biggest software company, replacing longtime chief executive Steve
Ballmer.

ALSO READ: Satya Nadella's first letter to Microsoft employees

Nadella was Executive Vice President for Cloud and Enterprise at Microsoft and was a member of the
technology staff at Sun Microsystems before joining Microsoft.

A native of Hyderabad, Nadella earned a bachelor's degree in electrical engineering from Mangalore
University, a master's degree in computer science from the University of Wisconsin and a master's
degree in business administration from the University of Chicago.

A report in Wall Street Journal's 'All Things D' blog said that Ford CEO Alan Mulally and Nadella were
in the lead positions to take over as CEO of Microsoft.

ALSO READ: More India-born executives could head tech firms in future

Twitter’s post-IPO losses worse than estimated

Twitter Inc had a net loss of $ 511 million in its first quarterly report since its initial public stock
offering, the San Francisco-based company said on Wednesday, falling further in the red than
forecast.
Total losses for 2013 were $ 645 million compared to $ 79 million in 2012, according to the fourth-
quarter report. The social-media company went public on November 6, selling shares to raise at least
$ 1.8 billion to fuel continued expansion.

The pace of user growth slowed, with 241 million monthly users, up 30 per cent from 185 million
monthly users a year earlier. The rate of growth was 39 per cent in the previous period.

Revenue more than doubled to $ 243 million in the fourth quarter, up 116 per cent from the year-ago
period.

Full-year revenue was $ 665 million, up 110 per cent year-on-year, according to the earnings report.

“Twitter finished a great year with our strongest financial quarter to date,” chief executive Dick
Costolo said. “We are the only platform that is public, real-time, conversational and widely
distributed, and I’m excited by the number of initiatives we have underway to further build upon the
Twitter experience.” The announcement sent shares down as much as 15 per cent in after-hours
trading.

Keywords: NYSE, Twitter IPO, Twitter quarterly results