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...itinerary of Natarajan Chandrasekaran will tell you just how dramatically the postrecession economy is changing. Since October, when he became CEO of Indian IT firm Tata Consultancy Services (TCS), Chandrasekaran has retraced the business trips his predecessors have been making for years to New York City and London, the home cities of big banks and other companies that have traditionally outsourced computer programming and other work to Indian firms. But jaunts to the industrialized world may no longer be sufficient to keep his Mumbai-based firm growing at top speed. So Chandrasekaran is also venturing to locales Indian techies...

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

...however. The very different demands encountered in the developing world are forcing an overhaul of the way India's IT firms conduct business. Their goal for the past 30 years has been to woo clients outside India, but to transfer as much of the actual work as possible back home, where lower wages for highly skilled programmers allowed them to offer significant cost savings. With costs in other emerging economies equally low, India firms can't compete on price alone. Emerging markets also require that services be offered in languages other than English. (see the turning point for the global...

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

Recently on a sleeper train in China's northwest Xinjiang province, I shared a cabin with two Pakistani traders who were returning home overland from a business trip to Hong Kong. One, in a Harley-Davidson cap, showed me two toy remote-control U.S. military helicopters he had bought in Shenzhen for his young sons. Beaming, he professed his love for America. But he also applauded the Taliban and al-Qaeda and how they "looked after" his Muslim brethren. It's just such a paradoxical pose, at once insular and international, Islamist and secular, that befuddles those outside Pakistan...

Author: /time Magazine | Title: Beyond the Bullets | 1/11/2010 | See Source »

...Akhlaq was shot dead, along with his 24-year-old daughter, at his Lahore home in 1999 by an unstable roti vendor who also wounded Akhlaq's close friend and student Anwar Saeed, visiting at the time. Saeed's robust, homoerotic work shares his mentor's primordial vision. In swaths of deep blues and thick yellows reminiscent of Chughtai's watercolors, which themselves echo the primal Fauvism of Henri Rousseau, Saeed paints a semiclad man surreally clutching a large fish (The Principle of Delicacy). He also draws two men in romantic embrace, one with the fly of his jeans suggestively...

Author: /time Magazine | Title: Beyond the Bullets | 1/11/2010 | See Source »

...have to contend daily with male-dominated societies and culture, often underpinned by discriminatory laws. They may have more opportunities to study, but even well-educated women struggle to find jobs - and when they do, career progression is difficult. The expectations that men stay in control and women at home remain strong...

Author: /time Magazine | Title: The Change We Need | 1/11/2010 | See Source »

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