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...economic outlook in the country brightened, so has the outlook for aspiring authors and publishers. Sensing a new and growing market, foreign publishers like Harper Collins and Random House have set up shop in the outskirts of New Delhi. Retail space for books exploded, with big chain bookstores opening in cities, airports and hotels across the country. "It all happened pretty quickly: shopping malls came up, big bookshops came up, and people had the spending power," says Anantha Padmanabhan, the head of sales at Penguin India. "In 2003 everything curved upwards. A mass injection took place...

Author: /time Magazine | Title: In Jaipur, the Indian Book Market Comes Into Its Own | 1/24/2010 | See Source »

...tent houses a makeshift book store. Brimming with people, inside large metal racks are wobbly with books by authors near and far. A paperback copy of Malcolm Gladwell's latest is propped next to Nandan Nilelkani's home-grown bestseller. Privanka Malhotra runs Full Circle book stores, an independent chain of four stores, and has seen the difference that the influx of publishers has had on the the market. "The fact that now we have a lot of publishers that have come in from America and Europe, we have access to a lot more [books]," she says. "It's growing...

Author: /time Magazine | Title: In Jaipur, the Indian Book Market Comes Into Its Own | 1/24/2010 | See Source »

...litism is difficult to challenge in normal economic times, which is the main reason some French executives continue to fear that the current global recession could morph into something more serious: a 1930s-style meltdown capable of shaking the entire economic structure to its foundations. Were that to happen, chain-reaction bankruptcies of companies could force the French state to step in and nationalize industries, dismantling the boardroom power structure. (See pictures of President Nicolas Sarkozy celebrating Bastille...

Author: /time Magazine | Title: France's Boardrooms: Little Diversity at the Top | 1/22/2010 | See Source »

Most of the attention has focused on the prospective Democratic candidacies of Andy Dillon, speaker of Michigan's house of representatives, and Denise Ilitch, a scion of the family that owns the Little Caesar's pizza chain and the Detroit Red Wings hockey team. The Democrats, says Michigan political analyst Bill Ballenger, are "holding their breath and saying, 'This is going to be a dogfight...

Author: /time Magazine | Title: Michigan's Governor's Race Tests the Democrats | 1/22/2010 | See Source »

...crime, which took place around 11:50 a.m., his status on Facebook was updated at 11:49 a.m.: "on the phone with this fat chick...wherer my i hop." He had been talking with his girlfriend and referenced a recent visit to the restaurant chain IHOP. A Brooklyn district attorney subpoenaed Facebook and, with the pulled records, Reuland was able to convince her that Bradford's Facebook update had been posted within a minute of "the time the crime was alleged to have happened, from an IP address registered to [Bradford's] father in Manhattan...

Author: /time Magazine | Title: The Facebook Defense: Social Networking as Alibi | 1/21/2010 | See Source »

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