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...sold. Most shaped up. Tata Steel, for example, shed half its 78,000 workers between 1994 and 2005 using retirement and voluntary redundancies to lower costs and boost productivity. "The Tata group's relationship with its employees changed from the patriarchal to the practical," reads the Tata Code of Honor, which sets group-wide standards of conduct. Subir Gokarn, chief economist at ratings agency Crisil, says Ratan Tata read the runes of change and largely avoided the rash of business failures in India that followed reform: "He survived the bloodbath. Those who made no changes became extinct...

Author: /time Magazine | Title: Shaking The Foundations | 6/19/2006 | See Source »

...wizened face, Quang Duc suddenly struck a match. As flames engulfed his body, he made not a single cry nor moved a muscle. "Oh my God," cried a Western observer, "oh my God." In a will written "before closing my eyes to Buddha," Quang Duc said: "I have the honor of presenting my words to President Diem, asking him to be kind and tolerant toward his people and to enforce a policy of religious equality." Budapest, Hungary Nov. 5, 1956 It began like a carnival day. Thousands of people thronged Budapest's old cobblestoned streets wearing red, white and green...

Author: /time Magazine | Title: Hard Days | 6/18/2006 | See Source »

...annual crossword puzzle tournament at the Marriott in Stamford, Ct. He founded it in 1978, mostly out of an urge - a strange one, considering the solitude in which crosswords are constructed and solved - to meet other puzzle people. At the first tournament, the guest of honor was Margaret Farrar. And in 2005 filmmaker Patrick Creadon brought a crew there to record the competition, which would be the centerpiece for Wordplay...

Author: /time Magazine | Title: Who Needs Sudoku? | 6/17/2006 | See Source »

...This year's guest of honor is Bordeaux's Japanese sister city, Fukuoka, and with good reason. While dwindling domestic consumption and increasing foreign competition have provoked the French wine industry's worst sales crisis in decades, wine consumption in Japan has surged almost 200% in 10 years. The Bordeaux Interprofessional Wine Council (CIVB) has recently upped its annual promotional budget to $27 million to reach new markets like Fukuoka, and the effort is paying off. CIVB president Christian Delpeuch recently returned from a three-continent promotional tour. "Sales since the beginning of 2005 have never been so good...

Author: /time Magazine | Title: Cheers Leader | 6/12/2006 | See Source »

...manly man is back. Some data points: Harvard prof Harvey Mansfield's highbrow Manliness cites Achilles to, yes, Margaret Thatcher for such qualities as honor, bravery, pigheadedness. Meanwhile, monobrowed blogger Maddox's best seller Alphabet of Manliness high-fives hot sauce, Chuck Norris, chainsaws. Here, more evidence it's reigning...

Author: /time Magazine | Title: The Menaissance | 6/11/2006 | See Source »

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