Archive for June, 2009

Stock Exchange

Stock exchange is market for buying and selling industrial or financial securities. The securities are shares and debentures of public companies already issued by them, Government securities and the bonds and debentures issued by the municipalities and port trusts. Stock exchanges are not like warehouse where the securities are taken away from shelves and sold across the counters at a fixed price. It is only a place where the traffic of stocks and shares is conducted. Anybody who wants to buy, a particular ‘security’ can find a buyer. The stock Exchange affords necessary facilities for transfer of stocks at competitive rates and without undue delay. A Stock exchange is not an investment institution like investment bank or investment trust. It only provides a broad, continuous and liquid market.


Codemasters FUEL is the Largest Racing Game Ever Made

Even before its release Codemasters open world racing game FUEL is building records, it has been awarded the biggest racing game with the largest playable environment ever in a video game by Guinness World Records Gamer’s Edition. The epic racing game is coming to all three platforms PlayStation 3, Xbox and PC for everyone to enjoy. Largest playable area in a console game: The largest playable environment in a console game is 5,560 sq mi (14,400 km²), and is featured in FUEL ( Codemasters, 2009). The area features rivers, deserts, forests and mountains and was demonstrated at the offices of Guinness World Records, London, UK, on 20 May 2009. The size of the game is so big that if you want to drive from one side of the map to another it will take over 3 hours of driving. The game offers 19 environmental regions and is also featuring some of the most dramatic weather effects like tornadoes, lightning ever seen in a racing game. The game also includes a Multiplayer component in which up to 16 players can play at one go, users will also be able to create their own races. The game is expected to hit stores on May 26 but recent reports suggest it has been delayed by a week or so.


Social Technology

It indicates all social institutions which respond to the needs of the society and also uphold the democratic norms of the society. Free press, legislatures with enlightened members who are genuinely interested in the unity and advancement of nation, education institutions and universities maintaining educational standards and imparting education socially relevant, genuine trade union leadership without political pressures, uniform Civil and criminal Codes, and above all, real interpretation of history and culture of the country and the hall marks of improved social technology. In India, the causes of failure of plans, programmers and many projects are due to poor social technology to respond to the industrial technology. The attitude and will of the people of the country to stand on their legs and to advance by their own efforts will go a long in achieving success in development.


Top Gear Crew & Stig Spotted in UAE with Lambo SV, Veyron, SLR 722, McLaren F1

Loyal WCF reader Ahmed Almuhairi managed to capture the Top Gear crew in the United Arab Emirates with a host of high powered supercars. While little is known about the upcoming segment, it appears Top Gear will compare the Mercedes-McLaren SLR 722, Bugatti Veyron 16.4 and Lamborghini SV LP670-4 to the old McLaren F1. Almuhairi also stated that police closed a 3km (1.86 mile) section of a local roadway, which in addition to the presence of the Stig, suggests that the segment will feature an epic race or comparisson between the four vehicles. As we reported earlier, Top Gear’s budget was reduced this season so it’s nice to see the gang out and about.


LAGB

Journey Lite preferred Laparoscopic Adjustable Gastric Banding (LAGB) for better health. When you have fought with your weight loss exercise and dieting hasn’t worked out. LAP-BAND® System or Realize Band was another name of the LAGB system. It is the most only dependable for weight surgery and that is totally adaptable and reversible for healthier and improved quality of life. It gives you better understandable weight loss surgery program that will lead you though each and every step of your journey. These steps are evaluating whether it’s (LAGB) right or not for you and to finding a good and an experienced surgeon.


Mutual funds

In order to enable different categories of investors to enjoy the benefits of stock markets, mutual funds were started in India during the 1990s. Initially, it was unit trust of India, which was started as early as 1964 which was undertaking investment in various securities on behalf of the investors and was distributing the profits in the form in of dividends on the units held by the customers. After liberalization, when commercial banks were allowed to open mutual funds, many banks started mutual funds by attracting depositors to invest in units by which they were investing in various companies shares.

The mutual fund offer open-ended and close-ended funds. The open-ended funds are kept open and the investors have the option to enter at any time and otp out as they like.But in closed-ended fund, there is a limit of time and amount and this ensures the mutual fund to get a better return. In the case of tax benefits funds, there is a tax relief for the return they get on the investment.


World's Fastest Man Usain Bolt Crashes BMW M3

The fastest man in the world is recovering with a few minor injuries after crashing his 309kW (420hp) BMW M3 Coupe on Wednesday afternoon. Barely five months ago triple Olympic champion and World 100m and 200m record holder Usain Bolt was gifted the M3 by his apparel sponsors Puma.

Bolt, who was travelling with two female companions, received minor injuries to the ball of his feet from thorns he walked on while getting away from the accident. The car apparently skidded off the road in an incident thought to have been caused by a wet road surface. He was on a road called Highway 2000 on the Vineyard Toll section in St Catherine, Jamaica. St Catherine is the capital town of Spanish Town which is in the southwest of the island.

No explanation was given by the 2008 Male World Athlete of the Year as to what had happened. But a member from the wrecker crew said both front tyres were punctured and the front left wheel was almost torn off. The windscreen was destroyed and the rear window completely dislodged. He also said there were tyre marks on the road stretching about 50m up to where the M3 went off the road. Police say there is no indication that Bolt was speeding.

Asked by a reporter how he was feeling after the accident, Bolt answered: “Me good man. Me all right, a just few cuts man, me all right”. He was taken to the Spanish Town Hospital where he was examined and released after about three hours with bandages on his feet.

The 22 year old sprinter was scheduled to perform at the Area Permit Meet this weekend but his appearance at the event is now clouded by doubts. His manager said they are playing it by ear to see how he gets along before making a statement.


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