Monday, November 16, 2009

World's Largest Automaker - Volkswagen


Volkswagen-Porsche has overtaken Toyota to become the world's largest car manufacturer as the German group benefits from state-backed stimulus packages around the globe. VW has "produced 4.4 million vehicles so far this year, outstripping its Japanese rival which has seen four million cars roll off production lines since January.


VW-Porsche, which has built 4.4 million cars to date, is roughly 400,000 beyond Toyota's mark. However, Toyota halved its production earlier this year and shut down all its plants in February." VW also "benefited much more than Toyota from the European cash-for-clunkers programs," though Toyota saw more sales than VW spurred by the U.S. version of the car-swap program. General Motors now stands in third globally.

Diego Maradona banned



The Argentinian Football legend and Argentina's Football Team coach Diego Maradona was handed a 2 month ban "from all football related activity" and a 25,000 Swiss francs ($24,630) fine following his outburst at the end of his side's World Cup qualifier against Uruguay last month.

Even though the 49-year-old legend apologized for his comments FIFA decided to impose ban & fine. This means that Maradona wont be kick football till January 15th. But the good news is that he will be available for the World Cup.

Sunday, November 15, 2009

Forbes List of World's Most Powerful People






The Forbes magazine announced the list of most powerful people few days back. U.S. President and 2009 Nobel prize winner for peace BARACK OBAMA tops the list followed by Chinese president HU JINTAO and former Russian President VLADIMIR PUTIN. The Federal Reserve Chairman BEN BERNANKE was 4th and Google founders SERGEY and LARRY PAGE got 5th position.
Others in the list are as follows:
No.6: CARLOS SLIM
No.7: RUPERT MURDOCH
No.8: MICHAEL DUKE
No.9: KING ABDULLAH BIN ABDUL-AZIZ
No.10: BILL GATES
No.29: GORDON BROWN
No.36: MANMOHAN SINGH

The Interesting fact is that Al Qaeda Chief Osama Bin Laden was at 37 in the list.

Friday, November 13, 2009

Sexiest Stars


A poll conducted by a top British film magazine crowned Johnny Depp and Megan Fox as the sexiest movie stars of all time.

The Pirates of the Caribbean star had a tough competition from Hunk star Robert Pattinson and Robert Downey Jr., who settled second and third place respectively.
Brad Pitt came fourth in the sexiest man rundown by Empire magazine, while The Dark Knight star Christian Bale scooped fifth place.
Transformers babe Megan Fox was merely won the title from Pitt's partner Angelina Jolie in the female countdown, while Harry Potter wizard Emma Watson was voted in third place.
Scarlett Johansson and Star Trek actress Zoe Saldana rounded out the top five.

L&T sells Mahindra Satyam shares




L&T, the legend in construction engineering, shipbuilding and software, has decided to sell 27 million shares in Mahindra Satyam at 112.50 rupees each. Mumbai-based L&T owns 81 million shares in Mahindra Satyam

L&T had 12.04 per cent share holding in Mahindra Satyam, which subsequently got diluted with fresh issue of shares to the Mahindras, which took over the IT services company. In Dec. '08, L&T Capital, a subsidiary of L&T, picked up a 3.95 per cent stake in Satyam. The purchase price was estimated to be Rs 418 crore at an average Rs 157 a share. In January 2009, L&T purchased 3.9 crore Satyam shares on the NSE at an average price of Rs 34.52 and 1.18 crore shares at an average price of Rs 35.07 on the BSE.

Sources say the book for selling 2.7 crore shares in Mahindra Satyam opened thursday and the deal will be executed on Friday on the exchanges. The price will be around Rs 112.50 per share

At the current market price, the holding is worth nearly 9.51 billion rupees ($204 million).

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