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...over yet. Anglo-Dutch steelmaker Corus agreed last month to an $8 billion takeover bid by Tata Steel. The deal is the largest-ever Indian acquisition of a foreign firm, and it will catapult Tata from the world's 56th largest steel producer to the fifth. "All credit goes to Ratan Tata," says Sanjay Bhandarkar, managing director of the N.M. Rothschild private bank in India. "He clearly has a vision and knows what he's doing...

Author: /time Magazine | Title: Empires: India's Tiger | 11/12/2006 | See Source »

...countrymen to dream big. India, he said, should "be bold. It must look at the future ... It must look big, and look out." Last week he showed just what he meant: Tata Steel, part of his sprawling $22 billion empire, made an $8 billion bid for the Anglo-Dutch steel manufacturer Corus. The deal, accepted by Corus' board last Friday, creates the world's fifth-largest steel company and is the largest Indian takeover of a foreign company ever...

Author: /time Magazine | Title: India Thinks Big | 10/23/2006 | See Source »

...years, Tata has been on a $1.9 billion acquisition spree that has netted Britain's Tetley Tea, South Korea's Daewoo Commercial Vehicles, Singapore's NatSteel and New York City's Pierre Hotel, among more than a dozen others. And it's not over yet. Last week, Anglo-Dutch steelmaker Corus agreed an $8 billion takeover bid by Tata Steel. If the deal goes through, it would be the largest-ever Indian acquisition of a foreign firm, and it would catapult Tata from the world's 56th largest steel producer to the fifth. "Nothing succeeds like success," says Sanjay Bhandarkar...

Author: /time Magazine | Title: Shaking The Foundations | 10/22/2006 | See Source »

...body of a woman half-buried beneath a palm tree. Eighty kilometers south in Patong, a honky-tonk beach town on Phuket Island, 100 bodies are laid out in front of a morgue that has room to refrigerate only two. To the south, in Galle, an old Dutch town on the Sri Lankan coast, Z.A.M. Fahim, 45, a restaurant owner, has found 32 bodies before midday. He walks toward what was once a busy junction in the town and claims that the giant swamp that now obscures the ground hides 500 more corpses. To prove his point, he walks over...

Author: /time Magazine | Title: Crumbling Certainties | 10/22/2006 | See Source »

...been a victim of art theft before—including in 1976, when thieves took six paintings worth more than $380,000 from President Derek C. Bok’s Elmwood home. The paintings—including two by French impressionist Eugene Boudin and one by 17th century Dutch painter Gerrit Berckheyde—were recovered the next year, The Crimson reported at the time...

Author: By Katherine M. Gray and Daniel J. Hemel, CRIMSON STAFF WRITERS | Title: Heisted Harvard Portrait Traced | 10/20/2006 | See Source »

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