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...liberalized, DLF amassed 3,500 acres in Gurgaon and built some of India's first modern commercial structures, including offices for General Electric, Swedish cell-phone maker Ericsson and Swiss food giant Nestlé. The company also built luxury apartments and houses, including a residential estate incorporating an 18-hole golf course designed by golfing legend Arnold Palmer. Land that cost Singh as little as $65 an acre now sells for about $4 million an acre. In the run-up to its IPO, DLF has been on another buying spree and now has holdings in 31 cities...

Author: /time Magazine | Title: Building a Dream | 8/17/2007 | See Source »

...running of DLF to his son Rajiv, 48, who studied engineering at Massachusetts Institute of Technology. Daughter Pia, 36, a Wharton economics graduate, runs the retail business. Older sister Renuka handles some international business. Singh says he plans to slowly step away from DLF to concentrate on his golf (handicap: 14), collect more art (DLF owns one of the biggest private collections in the country) and travel (he is the honorary consul general of Monaco and vacations in London...

Author: /time Magazine | Title: Building a Dream | 8/17/2007 | See Source »

Everything about this small Scottish town stresses humility and unpretentiousness: its rugged, unadorned links courses, crumbling medieval architecture, quaint B&Bs and creaky-floored hotels. The hallowed Old Course lies on public ground--golf is forbidden on Sundays so families can picnic on the fairways. But now St. Andrews is undergoing a change that would once have been unthinkable. High-end golf, American-style--loud pants and loudmouths--has come to the uniquely understated home of golf...

Author: /time Magazine | Title: The Investment of St. Andrews | 8/17/2007 | See Source »

...what happens when developers who see golf as a way to sell high-end time shares, apartments or hotel rooms come to a town that views golf as an Everyman's game and itself as the guardian of that ethos? The Old Course is a muni run by a charitable trust, which charges locals $250 a year for unlimited access (visitors pay the same price for one round). Wasserman's St. Andrews Grand markets itself on the back of the Old Course's history, but its occupants, because they are not full-time residents, will not have discounted or privileged...

Author: /time Magazine | Title: The Investment of St. Andrews | 8/17/2007 | See Source »

...High School Musical 2, it's vacation, and the kids of Albuquerque's East High are looking for summer jobs. Jock-turned-stage-star Troy Bolton (Zac Efron) scores a sweet gig as an assistant golf pro at the Lava Springs country club and gets jobs for his pals and girlfriend Gabriella Montez (Vanessa Hudgens). The catch: his job has been arranged by spoiled rich girl and theater brat Sharpay Evans (Ashley Tisdale), who considers Troy her rightful boyfriend. She connives for him to duet with her in a talent show--and for Gabriella to be left out. For middle...

Author: /time Magazine | Title: Once More, with (Chaste) Feeling | 8/16/2007 | See Source »

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