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Following similar logic, private players Jet Airways and Kingfisher, owned by the liquor baron Vijay Mallya, are expanding existing budget operations to try to increase business during the economic downturn. They aren't starting from scratch. Both airlines already had rechristened budget carriers - Jet Lite and Kingfisher Red - acquired in...

Author: /time Magazine | Title: India's Airline Industry Goes From Boom to Bust | 8/12/2009 | See Source »

Or so he hopes. One of the few growth areas among News Corp.'s crops were the Fox cable channels, particularly FNC, which showed a 50% rise in operating income. FNC's head, Roger Ailes, with whom Murdoch has clashed before, is likely to oppose any switch to an online...

Author: /time Magazine | Title: Will Rupert Murdoch Be the Pied Piper of Paid Content? | 8/11/2009 | See Source »

By contrast, the America that I knew growing up in California seemed to operate under different premises. What I have observed is a constantly evolving society that meets the immigrant halfway, thereby taking the edge off of the cultural confrontation and facilitating assimilation. What it has meant to be an...

Author: By Clay A. Dumas | Title: The Melting Pot Beckons | 8/11/2009 | See Source »

Located on the Grand Trunk Road, the subcontinent's lifeline dating back to the 16th century, the store is a good half-hour's drive out of the city but has been attracting a steady, if small, stream of customers and wide-eyed spectators since its launch on May 30...

Author: /time Magazine | Title: A Visit to India's First Walmart (a.k.a. Best Price) | 8/9/2009 | See Source »

Whether or not they contribute to ocean-mixing, it's clear that mushrooming swarms of jellyfish can threaten marine ecosystems by competing with native fish, spread aquatic parasites and contaminate commercial-fishing catches. We could be very close to a stage where parts of the ocean "go from being dominated...

Author: /time Magazine | Title: Churning Ocean Waters, One Jellyfish at a Time | 8/5/2009 | See Source »

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