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...store owners in the malls are unhappy. "It's been a mixed reaction for shopkeepers here," says Daman Sarna, mall manager for Sahara Mall. He points out that the supermarket in his mall is doing good business, although he admits that some of the store owners might not be. Pia Singh, director of DLF Universal, a real estate firm that plans to build 18-20 malls in northern India over the next few years, says stores in the City Centre Mall, which her company opened in Gurgaon in late 2002, are making profits, adding, "That's what gives...

Author: /time Magazine | Title: India's Mania for Malls | 9/13/2004 | See Source »

...India's mall boom is premature for the country's level of economic development, says Bakshi, "Incomes in India have grown, no doubt, but we need to grow much faster?at 10% for five or six years, like China?before we can support all these malls." For shop owner Varadharajan, that much economic growth still wouldn't justify all the malls being planned for a small town like Gurgaon. "Even a prosperous country wouldn't have 20-30 malls in a radius of a few square kilometers...

Author: /time Magazine | Title: India's Mania for Malls | 9/13/2004 | See Source »

...want to be known as the place that stuck him in the hospital. I'm trying to slough it all off on the Big Mac and French fries." SCOTT MCCLARD, owner of McClard's, Bill Clinton's favorite barbecue joint in Hot Springs, Arkansas, after the former President's clogged arteries led to his hospitalization for a heart-bypass operation...

Author: /time Magazine | Title: Verbatim | 9/13/2004 | See Source »

...Frank Kramer, the owner of the 72-year-old Harvard Book Store, just a few blocks from WordsWorth, said that his shop was “doing well.” He said that his store’s proximity to Harvard Yard, used book sales and frequent buyer program had helped...

Author: By Joseph M. Tartakoff, CRIMSON STAFF WRITER | Title: Wordsworth Declares Bankruptcy | 9/13/2004 | See Source »

BUSH He wants to make existing tax cuts for individuals and corporations permanent. Bush argues that with reduced income taxes, families have more to spend, and with lowered corporate taxes, businesses can invest in equipment. Laura Bush gave an example in her speech at the convention: the owner of an Iowa tow-truck company who used the credits to modernize her fleet...

Author: /time Magazine | Title: Campaign '04: Bush and Kerry: Whose Plan Is Better? | 9/13/2004 | See Source »

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