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Tata Motors' unusual sales scheme for the Nano could ease some of its financial pressures related to $3 billion in short-term debt taken on by the company to acquire Jaguar and Land Rover from Ford in March 2008. Because buyers placing orders for Nanos were required to pay for...

Author: /time Magazine | Title: Indian Car Buyers Snap Up the Nano | 5/6/2009 | See Source »

Delivery of Nanos will begin in July, but because of manufacturing constraints, tens of thousands of buyers could have to wait more than a year before their cars are built. The company has committed to producing cars for the first 100,000 owners, who will be selected through a lottery...

Author: /time Magazine | Title: Indian Car Buyers Snap Up the Nano | 5/6/2009 | See Source »

Telstra's power stems from its stranglehold on the "last mile" of copper wiring to Australian homes, over which most telephone and Internet services are delivered and which rivals must pay to access. By building its own FTTH network, the government will bypass the copper and kick off a new...

Author: /time Magazine | Title: Australia's Bid to Become the Most Wired Country | 5/5/2009 | See Source »

"Nothing we did for President Obama was magic," Gensemer adds. "It was about making the barrier low for individuals to be part of the effort." By that measure, the Prince's campaign scores highly even ahead of the launch. The central message of the film - which can be seen here...

Author: /time Magazine | Title: Prince Charles Goes Viral to Save the Rain Forests | 5/5/2009 | See Source »

See the 50 worst cars of all time.

Author: /time Magazine | Title: Chrysler Makes a GM Bankruptcy Harder | 5/4/2009 | See Source »

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