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...plays on the national team with four of her sisters. "What's the point of spending all your time playing basketball if you can't get a job?" Corporate and government-sponsored teams often give players clerical jobs. Singh, for example, files and answers phones for MTM Telecom. Players earn benchwarmer salaries: Singh makes about $3,500 a year, and male players earn about $4,800, far less than the $15,000 for an entry-level IT pro and a microbe compared with the $360,000 in salary, plus hundreds of thousands more in endorsements, a top cricketer can earn...

Author: /time Magazine | Title: Inside the NBA?s Play for India | 11/10/2006 | See Source »

...This Jitterbug has excellent pedigree: built by mighty Samsung, it was co-designed by Martin Cooper, the man who made the first cell-phone call in 1973, and his wife, Arlene Harris, herself a telecom pioneer. During the late 1990s, the couple created the SOS Phone for people who just wanted something around in case of emergencies. The SOS Phone evolved into the Jitterbug, the star of Cooper and Harris? new mobile operator, GreatCall...

Author: /time Magazine | Title: GreatCall Jitterbug Dial Phone and Service | 11/1/2006 | See Source »

...think the investment industry is there to protect you, think again. Many firms see a hot sector as an opportunity to gather assets. Before the tech-stock peak in 2000, the industry marketed nearly 500 technology, telecom and Internet funds. It's the same story now, only the actors have changed. In October 2004, 180 hedge funds were dedicated to energy and commodity investments. Today there...

Author: /time Magazine | Title: Investing: Where Fools Rush In | 10/29/2006 | See Source »

...five-year psychological cycle." Investors want to own today what they should have owned five years ago. Currently, investors are pining for energy and commodities, but they should have owned them in the early 2000s, when they were cheap and unloved. Instead, investors coveted the high-flying tech and telecom stocks, which would have been smart purchases in the mid-1990s--except that investors were busy chasing bank stocks, which would have been shrewd purchases in 1990. You get the idea...

Author: /time Magazine | Title: Investing: Where Fools Rush In | 10/29/2006 | See Source »

...Cashed up thanks to rising profits at home, Indian firms are on a shopping spree?and increasingly looking abroad. In the past year, the Tata Group has snapped up everything from American telecom firm Tyco Global to venerable British teamaker Tetley. Other Indian companies have bought foreign pharmaceutical firms, auto-parts makers and aluminum suppliers. Last week a consortium led by India's Videocon Industries agreed to buy South Korean appliance maker Daewoo Electronics for $700 million. "Indian companies have become competitive, and they realize that," says Gurcharan Das, former CEO of Procter & Gamble India and author of the best...

Author: /time Magazine | Title: India Thinks Big | 10/23/2006 | See Source »

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