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What really excites Tata is his ability to combine the group's philanthropic heritage with modern business sense. Targeting the bottom of the income pyramid ticks both boxes. Tata points out that consumption, as it is understood in the West, is still a dream for all but a fraction of 3 billion people in the developing world. Only 58 million Indians, out of the country's 1.1 billion population, earn more than $4,400 a year, according to New Delhi's National Council of Applied Economic Research. The challenge is to make consumers out of people whose disposable income...

Author: /time Magazine | Title: Empires: India's Tiger | 11/12/2006 | See Source »

This helps explains why mitochondrial disease occurs in such bewildering variety and why it can be so difficult to diagnose. Even now that it's better understood, parents sometimes face doctors' accusations of deliberately poisoning children to draw attention to themselves...

Author: /time Magazine | Title: Health: When Cells Stop Working | 11/5/2006 | See Source »

...good. You know, I am not educated so the way I was told, I thought it would be the same as keeping him at the orphanage, the only difference being that he will be kept by a rich, respectable lady and in America, which is far away. I never understood it as my child being taken for good...

Author: /time Magazine | Title: Interview: The Father of Madonna's Baby Will Not Contest the Adoption | 10/24/2006 | See Source »

...received an e-mail from the Harvard Objectivist Club, inviting everyone “disillusioned with today’s intellectual and political climate” to a meeting discussing why “being selfish is not wrong.” I’ve never understood why the objectivists believed altruism irrational and dishonest, and I was particularly irritated to see such nonsense in my inbox. Yet their views are but symptoms of a much larger problem here at the College...

Author: By Yifei Chen | Title: Volunteering? What’s That? | 10/23/2006 | See Source »

...split me open," says Lakshmi. And it is less about sex than about coercion and commerce and the eventual triumph of will. At heart, McCormick admits, she is an activist. "I couldn't write this book fast enough," she says, "because I felt such urgency to have the situation understood...

Author: /time Magazine | Title: Books: Tough Subjects and Teens | 10/22/2006 | See Source »

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