Word: contentment
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...Chandra has reason to gaze from commanding heights. Seven-year-old Zee Telefilms is India's media powerhouse, delivering programs through seven Indian cable-TV channels and reaching 180 million viewers in Asia--and 15 million homes in Europe, Africa and the U.S. The company has expanded into Internet content, and its market capitalization of $10 billion makes it one of India's most valuable firms. While much of India's entrepreneurial talent, energy and money have poured into the booming software industry, Chandra, 49, says he's after "convergence...
...best is provide connectivity to remote areas," he says. The satellites will also allow Zee to beam its programs around the world. Once he gets "sat phones" into the hands of ordinary Indians--he thinks it will happen within two or three years--Chandra will start pumping Internet content and e-mail services through them. Other firms have tried this satellite stuff and failed; Chandra dismisses those as "marketing failures. We've shown we know how to market things...
Above all, I discovered that Navin was nice. He listened carefully when you talked to him and always seemed genuinely content to be doing whatever he was doing. He was calm and warm, and I never saw him upset. If life was any harder for him than for the rest of us, he never...
Jain taught Asia what Silicon Valley has known for a long time: though going public is a fabulous way to cash in on the Internet, selling out to someone else can be a sure-fire moneymaker too. Satyam Infoway wanted content popular with overseas Indians to complement its own domestically oriented portal. IndiaWorld was pulling most of its 13 million monthly page views from outside the country. Jain got an unusual windfall because Satyam Infoway is paying the entire purchase price in cash, not in stock, which is more typical in such deals. His initial investment...
...finding a lucrative market among U.S. users of recreational drugs. A pound of dried B.C. Bud--whose active ingredient, tetrahydrocannabinol, or THC, accounts for up to 30% of its weight--sells for about $8,000 in New York City. The more common marijuana from Mexico, with a THC content of about 5%, sells for as little...