We had a lot of fun that day. I am the one with half the face painted in red, sitting second from left.
11 NovI Love this lyrics very much. Fantastic one from “The Sound of Music”
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Raindrops on roses and whiskers on kittens;
Bright copper kettles and warm woolen mittens;
Brown paper packages tied up with strings;
These are a few of my favorite things.
Cream-colored ponies and crisp apple strudels;
Doorbells and sleigh bells and schnitzel with noodles;
Wild geese that fly with the moon on their wings;
These are a few of my favorite things.
Girls in white dresses with blue satin sashes;
Snowflakes that stay on my nose and eyelashes;
Silver-white winters that melt into springs;
These are a few of my favorite things.
When the dog bites,
When the bee stings,
When I’m feeling sad,
I simply remember my favorite things,
And then I don’t feel so bad.
10 NovThe man behind one of the world’s most popular digital music players is bidding farewell…
Tony Fadell, referred to as ‘father of the iPod’, is leaving Apple. One of the world’s fastest selling digital music players, the iPod turned around the company’s fortunes.
Seven years ago, it was Tony Fadell who led a team of designers and engineers to introduce the iPod. It was his idea to club a Napster-like music store with a hard drive-based MP3 player. Sleek and stylish, the product soon became one of the most hottest selling products from Apple. For the ambitious Fadell, it has been an incredible journey.
He has now chosen to spend more time with his family.
Apple has announced that the iPod division vice president Tony Fadell and his wife, Danielle Lambert, who is vice president of the company’s human resources department, are leaving to spend more with their family.
Fadell, will however remain as an adviser to CEO Steve Jobs.
9 Nov
Washington, Nov 5 (IANS) Democrat Barack Obama has won a historic victory in the race for the White House with Republican rival John McCain conceding defeat. TV projections gave Obama an unbeatable 297 to 139 lead in electoral votes even as results kept coming in.
Obama, who would be America’s first African American president, was projected the winner of the epic battle by CNN and ABC at 11 p.m. (9:30 a.m. IST Wed) with wins in crucial battleground states taking him over the 270 vote magic figure.
As polls closed on the West coast, the Illinois senator was projected to win California, Washington, Oregon and Hawaii as also Virginia, a state that hasn’t voted for a Democratic president since 1964.
On the road to victory Obama won Ohio, a key battleground in American presidential politics, and held off assaults by McCain in New Hampshire and Pennsylvania, the top two states that Democrats won in 2004 and that McCain had fought to take back.
Obama won victories across the northeast, sweeping every state in New England as well as New York, New Jersey, Maryland, Pennsylvania, Michigan, Wisconsin, Minnesota and his home state of Illinois.
McCain won a number of southern states, including West Virginia, Kentucky, Tennessee, South Carolina, Georgia, Alabama and Louisiana.
The first exit polls out Tuesday put economy as by far the top issue on the minds of voters.
Sixty-two percent of voters said the economy was the most important issue. Iraq was the most important for 10 percent, and terrorism and healthcare were each the top issue for nine percent of voters.
The economy had dominated the last leg of the campaign trail as Obama and McCain tried to convince voters that they are the best candidate to handle the financial crisis.
Voters expressed excitement and pride in their country after casting their ballots Tuesday in what has proved to be a historic election.
Poll workers reported high turnout across many parts of the country, and some voters waited hours to cast their ballots.
Source – Yahoo News
5 NovTop corporate planning to raise funds abroad at cheaper rates may be in for a rude shock. Despite the expected end to the liquidity crisis next year, instead of a fall in their borrowing costs, they may have to pay extra as political/reform risk premium. The debt market has been bracing for a rating downgrade for India. ICICI Bank’s and Tata Motors’ credit default swaps (CDS) — derivatives that provide insurance against defaults — have been quoting at spreads of above 1,000 basis points (bps) for the past few days. CDS spreads measure the premium to the risk-free interest rate. Overseas borrowing costs for Indian companies have risen dramatically in the past one year. Last year, Indian corporates could raise five-year funds at Libor plus 50-75 basis points. This has now gone up to at least 350 bps above Libor. Reason for this is the reduction in appetite for Indian paper because of oversupply and high leveraging following M&A activity. Corporate profitability is seen to be under pressure. Also, Elections will result in lenders pricing in political risk premium, thus increasing cost. Fears of downgrade in the medium term continue to loom despite S&P reaffirmation.
4 NovThe Central Government has decided to accede to confer the status of classical languages on Kannada and Telugu. This follows the recommendation of the Committee of Linguistic Experts set up by the government. The fight for the prestigious status for the two languages was launched by academicians and language experts in AP and Karnataka after the UPA government had accorded the classical language status to Tamil in 2004. To be classified as classical, a language must fulfill four criteria laid down by the government. Among them are that the language must have a recorded history of at least 1,500-2000 years and its literary tradition must be original and not borrowed from any speech community and must have a large and rich body of ancient literature. Till now, Sanskrit, Pali, Prakrit and Tamil have been accorded classical language status. Actually What does getting the ‘classical’ tag mean? According classical language status would greatly boost research, preservation and spread of the language.
2 Nov