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...that by 2020 about a quarter of potential IT- and business-services revenues for outsourcing firms will be generated in the so-called BRIC countries: Brazil, Russia, India and China. Although the U.S. still accounts for 60% of the export revenue of India's IT sector, emerging markets are growing faster. NASSCOM data show that the Indian IT sector's revenues from the Asia-Pacific region grew by a compounded 42% a year between the 2004 and 2008 fiscal years compared with 29% in the U.S. That's why management at Infosys is targeting a long-term restructuring...

Author: /time Magazine | Title: Outsourcers Go Global | 1/11/2010 | See Source »

...passionately arguing for the man's innocence on the basis of one piece of evidence: the victim claimed that the accused man tore off her sequined dress, yet no sequins were found at the crime scene. (Perry Mason, you've got nothing to worry about.) The racial politics grow a little more complicated as the focus shifts in the last scene to the play's fourth character, a black legal aide (Kerry Washington) who, in the manner of most females in Mamet's male-dominated universe, turns out to be a snake in the grass...

Author: /time Magazine | Title: The Downward Spiral of David Mamet | 1/11/2010 | See Source »

...National Security Adviser. How much did you understand about that? I understood he had one of the most important positions in the country when it came to the security of our country and the direction of our country. But beyond that, I was just a kid trying to grow up. It did become the norm that our time together - and I put that in quotes - would be on Air Force One, or in Tunisia, or in China, or at Camp David, because he was so incredibly busy. I mean, this was a man who left the house...

Author: /time Magazine | Title: Morning Joe's Mika Brzezinski | 1/8/2010 | See Source »

...Shaving is one of the more intriguing chips in company's portfolio. While neither the store nor P&G will specify how many new outlets will open over the next few years, expect a surge. "P&G acquired this business, and obviously wants to grow it," says Malka. "P&G has a mission to win with men, and the Art of Shaving is an important platform to serve men in the premium marketplace...

Author: /time Magazine | Title: The $175 Razor: A Sign of Economic Recovery? | 1/6/2010 | See Source »

...issue of predators or hunters - the devil can handle them - but of a peculiar, transmissible disease. Devil facial tumor disease (DFTD) causes tumors to form in and around the mouth of infected devils; the tumors eventually grow so large that they prevent the animal from feeding and lead to starvation. First discovered in 1996, the cancer has spread swiftly through the Tasmanian devil population, killing more than 70% of the island's animals. If nothing is done to stop the disease, the devils could go extinct within 35 years. (See 10 species nearing extinction...

Author: /time Magazine | Title: Decoding the Tasmanian Devil's Deadly Cancer | 1/1/2010 | See Source »

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