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Billions of Entrepreneurs in China and India
By Martha Legace Entrepreneurship in the world’s 2 most populous nations, China and India, has through modern times been somewhat asleep. But now, says HBS professor Tarun Khanna in a new book, both societies have woken up, and the results could reshape business, politics, and society worldwide. In some sense people in these societies are running faster than their rules and laws can keep up. So they are creating the rules as they go along. ...
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Extra Helping
By Rob Walker Over the last few months, some visitors to the Web site of Kiva, a nonprofit that lets users make interest-free microloans to entrepreneurs in low-development (that is, poor) countries all over the world, were greeted with a surprising message. Thanks Kiva Lenders! it began. You?ve funded EVERY business on the site!! Has a charity ever announced that it had enough money? Would-be lenders were dumbstruck, says Kiva?s public-rel...
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Bajaj Raising Stake In KTM To 30%
Indian scooter and motorcycle manufacturer Bajaj Auto plans to increase its stake in Austrian motorcycle maker KTM Power Sports by 25% to 30% over the next few months, said Managing Director Rajiv Bajaj. In November, Bajaj Auto acquired 14.5% of KTM for about $76 million, and subsequently increased that to 20.9%. When we move into a more up-market two wheeler scenario, we will brand the vehicles as KTM, as that is what will be right for consumers, Rajiv told Forbes.com.
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?The key is to provide quality and affordable healthcare?
Translated literally, Sankara Nethralaya means the temple of eyes. The 30-year-old super speciality ophthalmic institution has lived up to its grand name and become synonymous with quality and affordable eye care in the country. Its 1,500 healthcare personnel cater to nearly 1,500 patients daily, performing more than 100 surgeries. When Dr Sengamedu Srinivasa Badrinath founded it in Chennai 1978, it was for missionary purposes. The objectives included practising quality eye care, training and te...
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The Proud, But Poor Buyer
( Click for here English translation ) ? ???? ?????? ??? ??????? ??????? ?????????? ? ??????, ?????????? ?????? ??????. ??????? ??????? ???????? ??? ????????? ???????????????????? ?????????? Shyam Telelink Ltd ? ?????? ?????? ???????? ?? ?????, ??? ?????????? ????? 680 ??? ???????. ????, ??? ??????????? ?? ???, ? ?? 200 ?...
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Gates Foundation gives Heifer Intl $42.8M for Africa project
By Chuck Bartels A $42.8 million grant from the Bill & Melinda Gates Foundation that was announced Friday will enable Heifer International to expand a program designed to reduce poverty among 1 million people living on rural dairy farms in three East African countries. An important focus of the effort will be bringing more women into positions of responsibility, both on family farms and at regional milk chilling plants. The grant is for parts of Keny...
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The Age of Ambition
By Nicholas D. Kristof With the American presidential campaign in full swing, the obvious way to change the world might seem to be through politics. But growing numbers of young people are leaping into the fray and doing the job themselves. These are the social entrepreneurs, the 21st-century answer to the student protesters of the 1960s, and they are some of the most interesting people here at the World Economic Forum (not only because they?re half the age of ever...
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The Tata Invasion
If Tata is so powerful, why have so few Americans heard of it? In large part, because so much of its fortune has been made selling to its home market and to other developing countries, rather than to the U.S. and Europe. Historically, developing-country firms that have become global powerhouses?like Japanese companies decades ago or, more recently, Korean companies like Samsung?were companies that, in addition to dominating their domestic markets, were heavily oriented toward exports to the West...
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