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When Ratan Tata, chairman of Indian conglomerate Tata Group, spoke to TIME earlier this year, he urged his countrymen to dream big. India, he said, should "be bold. It must look at the future ... It must look big, and look out." Last week he showed just what he meant: Tata Steel, part of his sprawling $22 billion empire, made an $8 billion bid for the Anglo-Dutch steel manufacturer Corus. The deal, accepted by Corus' board last Friday, creates the world's fifth-largest steel company and is the largest Indian takeover of a foreign company ever...

Author: /time Magazine | Title: India Thinks Big | 10/23/2006 | See Source »

...Cashed up thanks to rising profits at home, Indian firms are on a shopping spree?and increasingly looking abroad. In the past year, the Tata Group has snapped up everything from American telecom firm Tyco Global to venerable British teamaker Tetley. Other Indian companies have bought foreign pharmaceutical firms, auto-parts makers and aluminum suppliers. Last week a consortium led by India's Videocon Industries agreed to buy South Korean appliance maker Daewoo Electronics for $700 million. "Indian companies have become competitive, and they realize that," says Gurcharan Das, former CEO of Procter & Gamble India and author of the best...

Author: /time Magazine | Title: India Thinks Big | 10/23/2006 | See Source »

...festivities as students celebrate the Hindu festival Diwali, also known as the “festival of lights,” next week. One of the most popular and eagerly awaited religious festivals in India, Diwali is celebrated at Harvard through a host of celebratory events. Diwali marks the Indian New Year and commemorates the return of the legendary King Rama from exile. The entire celebration lasts for five days and usually falls in late October and November. Harvard University Dining Services (HUDS) started off the Diwali celebrations this week with a traditional Indian dinner on Friday. HUDS typically hosts...

Author: By K. blair Harshbarger, CONTRIBUTING WRITER | Title: College Revels in Festival of Lights | 10/23/2006 | See Source »

...performance. The show finished to an extended standing ovation as well as happy exclamations from audience members all around. Despite the length of the show, which ran for almost two hours, the response to it was resoundingly positive. Whether it was your first time watching a classical Indian dance show, or you had grown up with the different dance styles, Kalpanam proved to be an accessible and enjoyable experience...

Author: NO WRITER ATTRIBUTED | Title: ‘Kalpanam 2006’ Educates and Entertains | 10/23/2006 | See Source »

...friendly because it is the least populated county in the lower 48. New Jersey is the Garden State, but it's more like a planter, since it's the most densely populated in the country. Sundance, Wyo., sounds like a merry place, but it was named for a Lakota Indian festival in which young warriors cut off pieces of their flesh and then danced in a test of strength. You wonder who moves to Helltown, Devil's Den, Weedpatch (all in California); Boring, Ore.; Elephant Butte, N.M.; West Thumb, Wyo.; Trickem, Ala.; Possum Trot, Ky.; or Lonelyville, N.Y. But they...

Author: /time Magazine | Title: An In-Depth View of America by the Numbers | 10/22/2006 | See Source »

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