Word: staked
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...about Indian business. It lost its airline and insurance arm to nationalization. To avoid giving up more to the Congress Party socialists who ruled India for a half-century, J.R.D. Tata, a distant cousin of Ratan Tata, emphasized individual companies over the group, keeping the conglomerate's stakes small and demanding little coordination. Meanwhile, shielded from competition by the restrictive bureaucracy of the "license Raj," Tata's companies became bloated and calcified. "We weren't driving ourselves hard enough in a protected environment," says Ratan Tata. Ratan took over from J.R.D. in 1991. India was beginning economic reforms, and with...
Each of Volkswagen's big shareholders has a hand on the steering wheel too--making VW notoriously unwieldy. Representatives of government, trade unions and Porsche, which owns a stake in VW, follow their own interests, so decisions can take eons by American standards. The state of Lower Saxony, for instance, holds a stake in the company, and Saxon politicians routinely pressure VW to maintain jobs and generous benefits in the hinterland. VW's unions, also powerful, recently agreed to extend the workweek--to 35 hours for factory workers, up from 28.8 hours. In return VW promised to keep production...
...some of their best tricks are accomplished. It's also because it conveys an excellent sense of the way these figures - the rock stars of their era - commanded their stages and the gaping attention of their public. In some measure it is because there are real romantic issues at stake in the film-emotional losses and betrayals (Scarlett Johansson's tricky, sexually riven character). Persuasively acted, this material is played with a simple, often dark and passionate force, that contrasts effectively with the spectacular chimeras over which Angier and Borden endlessly obsess...
...that pushed them out of the sector in which they initially made their name: cheap and cheerful supermarket wines for the U.K. That hurts, but the glut's impact isn't as severe as it is in Australia or France. The South African solution has been to stake out the middle ground, where it hopes it can offer good quality and good value. It wants to avoid the massive scale of the Australian industry, and concentrate instead on smaller volume but much more complex wines. South African producers are pushing hard into new markets, too, including Germany, Russia...
...highest stake is the Ivy League title, as at this point in the season the pair appears to be the Ancient Eight’s best...