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KUMHO GROUP PUSHES TO TAKE OVER LOGISTICS FIRM KOREA EXPRESS (Asia Pulse via Yahoo! Australia & NZ Finance)
Aviation / Airports The Kumho Asiana Group, South Korea's 10th-largest conglomerate, has purchased a 14.71-per cent stake in Korea Express, heating up competition to gain control of the beleaguered logistics company, financial sources said Saturday.

Bank boards must ensure effective operational risk management: RBI (The Hindu)
BANKS should identify and introduce operational risk management as an independent risk management function across all departments. In a guidance note issued on Saturday, the Reserve Bank of India has put the onus of effective management of operational risk on the board directors of banks.

TVS Logistics ties up with German firm (News Today)
R Dinesh, director, TVS Logistics, exchanging cooperation agreement with Harry W Dumser, managing director, Wincanton of Germany, for providing supply chain-management.

Reform Banking: McKinsey
Businessworld India Oct 15 2005 6:12PM GMT

Capella chooses former Gaylord Co. executive for management post (BizJournals)
Fledgling hospital chain Capella Healthcare has turned to familiar faces in Nashville's business scene to fill two high-ranking posts and round out its management team.

Company Interview Excerpt: Camillo Martino - Cornice, Inc.