Word: partnerships
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During three decades as the head of financial-services consulting firm Greenwich Associates, Charley Ellis had a front-row view of Goldman Sachs' rise from also-ran to king of Wall Street. He then spent a decade working on a history of the firm, published last year as The Partnership: The Making of Goldman Sachs. So what is Ellis' explanation for Goldman's spectacular rebound - it turned a $5.2 billion profit in the first half of the year - from the financial crisis...
...Sikri agrees: "We need a more activist agenda of our own. Next time, we should not merely react to what the U.S. puts on the table. We must be in a position to say, 'Look, we want to talk about this.' " The irony of the Indo-U.S. strategic partnership remains that while the U.S. may urge India to become a global power, neither country is ready for that to happen...
...rights. She also indicated the Administration's intention of supporting India as it readies to play a bigger role in regional and global affairs. But as a near war of words over climate change showed, there is much ground to cover between rhetoric and reality, and the fledgling "strategic partnership" is not likely to be an easy...
...Sorabjee, editor of Mumbai-based AutoCar magazine. He adds that the Reva could become "the Nano of electric cars," referring to the world's cheapest car, the Tata Nano, which sells for about $2,000. But that mantle may not have time to stick. India's Tata Motors, in partnership with the Norwegian electric-car research-and-development firm Miljoebil Grenland, plans to launch an all-electric version of the Nano in Norway early next year...
...other places where smoking was once a national pastime, compliance with the ban is high: 97% in New York City, 98.5% in Italy and 94% in Ireland, according to the U.S-based Global Smokefree Partnership. "There will be a transition period, which lasts several months, while people realize the cultural norm has shifted," says The Union's Ratte. "But we have the example of France to go by. Nobody thought it was possible, but after the cut-off date, the norm changed overnight." (See a video on the end of the French custom of smoking in bars and restaurants...