Word: profit
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...beneath burlap sacks full of vegetables shuffle through the quagmire, trying to avoid the trucks that belch blue clouds of diesel exhaust and the sacred but occasionally cantankerous cows munching on piles of trash. Women squat behind piles of vegetables they will carry to distant neighborhoods for a tiny profit. The grocery business in India is choreographed chaos, a commercial dance honed over decades, fascinating and charming in its own way but also corrupt, unhygienic and highly inefficient...
...distribution network almost from scratch. "If we are putting up a pan-Indian business in terms of the front end, then we needed to put up a pan-Indian business in terms of the procurement," says Sanjeev Asthana, president of Reliance's agri-and-food supply chain. Because profit margins are thin in the grocery business, shipping delays and spoiled merchandise can be harmful to the bottom line. "You cannot afford to have an unreliable supply," says Asthana...
...would pour $11 billion into capital investment and exploration over the course of the year. That was a 35% increase over 1980 and a tripling of the budget from 1973, the year when the Arab oil embargo first sent prices skyrocketing. "The $11 billion is almost three times the profit we made in 1979," a company vice president told a reporter...
...tensions, what hope is there for a successful diplomatic exchange between the U.S. and Iran next week in Baghdad? "There are powerful forces pushing the two parties into these talks," says Dr. William Samii, a longtime Iran specialist currently with the Center for Naval Analyses, a federally funded non-profit. "But there may be even stronger pressures that will make agreement difficult to reach...
...seem like just another absurd Californian self-indulgence, but Bikestation advocates say the creature comforts help them promote cycling as an attractive alternative to driving. "In order to elevate the status of biking, we have to accomplish a cultural shift," says Andrea White, executive director of Bikestation, the non-profit group that helps cities set up the sites. "Facilities that are aesthetically pleasing with conveniences make people feel that they're part of something cool...