Monday, July 6, 2009
Bandra-Worli Sea Link (BWSL)
Wednesday, July 1, 2009
Peel - World’s smallest car
Peel is officially the world’s smallest car

Nano might be the world’s cheapest car, but the world’s smallest car - Peel 50 hit the headlines this week. Designed as a "city car" for Ripley's by the London-based Peel Engineering Company, the one-seater Peel Trident weighs about 68 kilograms, is battery-operated, and travels about 64 kilometers per hour. It costs about 25,000 U.S. dollars to produce. The Peel P50 is recognized by the Guinness Book of World Records as the smallest road legal car ever produced. In the picture, the Peel is turned around by two men in front of Ripley's Believe it or Not on the 42nd Street sidewalk near Times Square in New York early last month. The two-seat, battery-powered mini car is said to offer a cure for New York City's congestion and parking woes.

The world’s smallest production car was built by PEC-The Peel Engineering Company, on The Isle Of Man between 1962 and 1965. The Peel Engineering Company were originally the makers of fibre-glass fairings and small boats when they turned their skills into car production. It was called the Peel P50 and first retailed for £150
Thursday, June 18, 2009
Tuesday, June 16, 2009
Indian among world's top 10 richest women
When Savitri's late husband O P Jindal died in a 2005 helicopter crash, the subsequent transfer of wealth made her India's richest woman. Her net worth today is $6 billion. The group has nearly 50 plants in India and abroad, including South American countries like Chile, Bolivia and Peru. The combined net worth of the twenty women featured in the list is a mammoth $160 billion. They represent industries like manufacturing, finance, real estate and commodities. The two top spots belong to Wal-Mart heiresses Christy Walton and Alice Walton with a net worth of $20 billion and $19.5 billion respectively. Forbes credited Wal-Mart, the world's largest retailer for powering through the global recession.

It recorded $400 billion in annual sales last year alone. Last year's number one Liiane Bettencourt who is worth $15 billion is placed at number three this year. Daughter of Eugene Schueller, the founder of L'Oreal, has had a controlling stake of 27 percent in L'Oreal for the last four decades.
Wednesday, June 10, 2009
Tuesday, April 21, 2009
Oracle buys Sun for $7.4bn
The deal comes just weeks after a reported deal by IBM to buy the Java software maker fell apart.
Oracle will acquire Sun common stock for $9.50 per share in cash in the deal, which is valued at $5.6 billion net of Sun's cash and debt.
Oracle is no stranger to big acquisitions, and has bought a series of software firms in the last few years including PeopleSoft, BEA and Siebel Systems.
Though there were rumours Oracle might purchase Sun, it has never before had a hardware or server operating system business, a market in which a significant amount of Sun's assets are tied, so the deal seemed unlikely. However, Sun's Solaris long has been a successful platform for Oracle's database business.
The two companies also have areas of common interest in their support for Java software, one of the only areas where the companies' product lines overlap. Sun has an open-source Java application server called Glassfish that Oracle likely will hold onto, although the fate of Sun's other commercial Java software, the Java Enterprise System (JES), is unknown.
Oracle also had overlap in this area when it purchased BEA, but BEA WebLogic had significant installed base, and Oracle kept the product alive. Sun's installed base for JES is smaller, so Oracle may choose not to hold onto it.
Oracle said the Sun deal should bring the company more revenue in the first year than the company planned for its acquisitions of BEA Systems, PeopleSoft and Siebel combined.
"We estimate that the acquired business will contribute over $1.5 billion to Oracle's non-GAAP operating profit in the first year, increasing to over $2 billion in the second year" said Oracle President Safra Catz.
"The acquisition of Sun transforms the IT industry, combining best-in-class enterprise software and mission-critical computing systems," said Oracle CEO Larry Ellison in a statement.
"Oracle will be the only company that can engineer an integrated system - applications to disk - where all the pieces fit and work together so customers do not have to do it themselves. Our customers benefit as their systems integration costs go down while system performance, reliability and security go up."
Sun Chairman Scott McNealy welcomed the deal. "This combination is a natural evolution of our relationship and will be an industry-defining event."
For Sun, the deal will bring an end to CEO Jonathan Schwartz's efforts to turn the struggling company around. Sun's sales have been declining since their peak during the dot-com boom, as customers turned away from its pricey Unix servers in favor of x86 systems. Sun's share price has also fallen sharply.
Efforts to attract new customers with open-source software, and Sun's belated decision to enter the x86 market, have not paid off fast enough to give it the boost it needs.
With Sun on board, Oracle now will have to figure out how to navigate the server OS and hardware business. In addition to supporting Solaris for many years, Oracle also supports its software on Linux. Though Sun's hardware does not have the reach that its former suitor IBM's does, the deal gives Oracle a combined hardware/software business model more akin to IBM's, with which it now competes in the database market.
Tuesday, February 17, 2009
11 Individuals Arrested for Visa and Mail Fraud at New Jersey Corporation
The latest immigration enforcement effort by the U.S. Immigration and Customs Enforcement has resulted in the arrest of 11 individuals on visa and mail fraud. A New Jersey corporation, Vision Systems Group (VSG), was also indicted on charges of conspiracy and mail fraud along with a Notice of Forfeiture seeking forfeiture of $7.4 million from proceeds derived from the offenses. The government used information from immigration filings and tax filings to combine for a charge of conspiracy. No lawyer or law firm was mentioned in the indictment begging the question of who is VSG’s counsel or if they even had one.

















































