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An employee works inside an iron factory on the outskirts of Jammu February 3, 2015.Mukesh Gupta鈥擱EUTERSBy TIME StaffJanuary 21, 2016 6:04 PM ESTNine companies in sectors ranging from automobile engineering to steel manufacturing were named as the finalists for the inaugural TIME India Awards on January 21st, at the World Economic Forum in Davos, Switzerland.The awards encompass three categoriesmdash;Best in Class Manufacturing, Manufacturing Innovator of the Year and Young Maker of the Year. The winners will be announced at a ceremony in the Indian financial capital Mumbai on Feb. 13 by Norman Pearlstine, Chief Content Officer for Time Inc. Indian Prime Minister Narendra Modi will be the guest of honor at the awards, which will kick-off a we stanley cup ek-long series of events to mark the Indian governmentrsquo  Make in India initiative to boost the countryrsquo  manufacturing sector.A jury of leading international business figures will select the winners from the shortlist stanley cup  of nine. Top management consulting firm McKinsey  Company is the knowledge partner for the TIME India awards.Pearlstine will th stanley cup e chair the jury, which includes General Electric vice chairman John G. Rice; Infosys founder N. R. Narayana Murthy; ICICI bank managing director and chief executive officer Chanda Kochhar; Renault and Nissan chief executive officer Carlos Ghosn; TIME assistant managing editor Rana Foroohar; and Kevin Sneader, Chairman, Asia, at McKinsey  Co.At The World Economic  Jwdn Global Leaders Pay Respects After the Passing of Singapore s Lee Kuan Yew
Joe Raedle鈥擥etty ImagesBy Kia Kokalitcheva/FortuneJune 2, 2015 3:42 PM EDTDisney wants kids to wear electronic toys and pretend to be superheroes.The entertainment company announced plans Tuesday for Playmation, a new line of toys in partnership with Hasbro that are a cross between computers and costumes. The first examples will be Iron Man gloves and Hulk fists based on Disney 8 adidas campus 217  Marvel superhero brand.Children will be able to use the wearables to interact with other toys in the line. Kids can also follow narrated stories, called missions that they can download.The new toys, which are billed as a way to get children off the  af1 couch, are expec air max 1 ted to hit the stores in October. Additional Star Wars and Frozen-themed toys are planned for 2016 and 2017 respectively.The toys will cost $120, with accessories starting at $15. However, it   unclear how much the additional software will cost.The new line involves a higher degree of financial risk by Disney than usual because it is developing the necessary toy hardware in-house. If parents are unwilling to spend the extra money on toys, Disney will be out a lot of money.Disney is also not the first toy company to dabble in connected toys. Mattel recently partnered with hardware gadget maker Quirky to create and market toys that make use of contemporary tech trends like sensors.You ll Want These New Star Wars Toys ImmediatelyStar Wars Black Series; Kylo RenHasbroStar Wars Black Series; ReyHasbroStar