Hot Topic Alert   Jan. 29, 2014 Last week’s announcement of the Reserve Bank of India withdrawing pre-2005 notes was initially interpreted in the media as targeting “black money (currency used in transactions where taxes are avoided)" and to prevent counterfeiting. Subsequently, officials have deflected such interpretation and defined the move as a “technical action” to remove from circulation notes that have relatively fewer security features.

“I believe that businesses are meant to serve the society, not simply meant to serve the shareholders,” B. Muthuraman told an auditorium filled with students, alumni, faculty and staff on Tuesday, April 16, 2013. Muthuraman, vice chairman of Tata Steel, joined the Robert H. Smith School of Business as the final speaker of the semester in the CEO@Smith speaker series. He spoke to the audience in Frank Auditorium about corporate social responsibility and India’s economic growth, in addition to giving advice to students.