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...this year. Reliance Retail, a division of India's biggest conglomerate and arguably the most formidable player in the retail market, plans to invest $5.5 billion to open outlets in 784 cities across the country. At the same time, foreign companies such as Tesco and Carrefour are trying to gain a toehold via joint ventures with local players, following a government ruling that prohibits foreign big-box retailers from entering the market full-on. Wal-Mart has already announced a tie up with the Bharti Group, India's leading telecom player...

Author: /time Magazine | Title: A Backlash for Big Retail in India | 10/17/2007 | See Source »

...shift to larger, modern stores argue that India's market is large enough to accommodate both small and big retailers, and the benefits of outweigh the costs. "Organized retail will benefit both consumers and farmers," says Gibson Vedamani from the Retailers' Association of India, pointing out that both will gain from more efficient supply chains and the economies of scale organized retail will offer...

Author: /time Magazine | Title: A Backlash for Big Retail in India | 10/17/2007 | See Source »

...officials appear to be among the most aggressive in addressing the rise of Santa Muerte. Catholic officials in New York, Denver and Phoenix say they are unaware of Santa Muerte's increasing popularity in their communities. Father Oscar Cantu of Houston says he has watched botanicas and Santa Muerte gain popularity in his largely Mexican-American community, particularly among poor, uneducated immigrants. Father Cantu says he has made clear to his members that Santa Muerte is in conflict with the church's teaching. However, he says there has been little discussion about the topic among the broader church leadership...

Author: /time Magazine | Title: Santa Muerte: The New God in Town | 10/16/2007 | See Source »

...class, suburban-bred Mexican-Americans are snapping up black T-shirts bearing Santa Muerte's image to reconnect with what they perceive to be part of their heritage. Recently a Chicago art gallery opened an exhibit showcasing images from Tepito - with Santa Muerte figuring prominently. And Santa Muerte may gain even more credibility with the release of Saint Death, a new documentary about the phenomenon, narrated by Mexican actor Gael Garcia Bernal...

Author: /time Magazine | Title: Santa Muerte: The New God in Town | 10/16/2007 | See Source »

...compared to the $36.7 million raised by Schumer and the $20.6 million still left in Democratic coffers. Democrats have even latched on to the 60-seat dream as a fundraising tool. Senator Tom Harkin, an Iowa Democrat, told supporters in a recent fundraising letter "the party is poised to gain the 60 seats necessary to stop Republican filibusters and bring our families and neighbors home from this...

Author: /time Magazine | Title: The Republicans' Big Senate Fear | 10/15/2007 | See Source »

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