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...decades a bit player on cricket's stage, India is using its burgeoning financial might to seize the lead role. The latest and most daring move of its cricket authority, the Board of Control for Cricket in India, is forming a new competition, the Indian Premier League (IPL), in which players can rake in more money for a few weeks of work than they'd normally make in years...

Author: /time Magazine | Title: The Indian Century | 2/28/2008 | See Source »

...Some observers wonder how long it will be before the Indian billionaires demand more for their IPL investment than six weeks a year of the players' time. Another concern is that the game has learned nothing from its recent betting scandals. The chief lesson there was that players engaged in matches whose result scarcely matters to them are vulnerable to the charms of bookmakers. Despite the vast amounts of money being tossed around, the real price of the IPL won't be known for some time...

Author: /time Magazine | Title: The Indian Century | 2/28/2008 | See Source »

There's a moment late in the afternoon on many long Indian train journeys when the world seems to slow down and rest for a while. As the fading light filters through half-closed shutters and the swaying of the carriages nudges passengers into an irresistible slumber, air-conditioner mechanic T.J. Mathai takes a break from checking that his machinery is working properly and that the vents are open just so. During a recent three-day trip from New Delhi, in India's north, to Kerala, at its southern tip, he hoisted himself up into his tiny nook opposite...

Author: /time Magazine | Title: Working on the Railroad | 2/28/2008 | See Source »

...Until the past few years, Indian Railways (IR) itself was sunk in a languorous snore. The state-owned company, the monopoly owner-operator of the country's rail system, runs 12,000 trains a day over 39,000 miles (62,750 km) of routes, making it the world's largest railroad under a single administration. It was also notorious for being slow, inefficient and requiring constant government bailouts. But over the past six years, India's most important form of transport - "the lifeline of the nation" as it is often called - has undergone a remarkable turnaround. In its fiscal year...

Author: /time Magazine | Title: Working on the Railroad | 2/28/2008 | See Source »

...team to run the system on sounder business principles, even as it stuck to what Kumar calls IR's "social obligations" to its passengers, its 1.4 million employees and 1.1 million pensioners. Yadav's standing has soared as a result. "A person who was considered a clown of Indian politics is now being seen as a professor of Harvard graduates," says Kumar...

Author: /time Magazine | Title: Working on the Railroad | 2/28/2008 | See Source »

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