The pizza developed by Mike Lean, of Glasgow University and businessman Donnie Maclean has a range of toppings that incorporate nutrients such as magnesium, potassium, folates, vitamin C and A. The toppings include roasted cherry tomatoes, red peppers and sweet caramelised onions, the BBC reported.
"I researched the market and found that seaweed was an interesting new ingredient being used in artisan bread. So we used that as a way of reducing the salt level. The sodium content of seaweed is about 3.5% compared to 40% in salt. There's iodine in there, vitamin B12, all sorts of things. And the flavour is excellent as well," Lean was quoted as saying.
"If you go along to a supermarket or a restaurant and buy a meal, then somebody should have thought about it nutritionally," he said. This frustration led him to work on a variety of pizzas that would not only be tasty but also healthy.
"The way the guidelines are set out, you have 20% of your nutrients and calories from your breakfast, 30 per cent from your lunch, 30 per cent from your dinner, and an extra 20 per cent for snacks," The BBC quoted Maclean as saying.
The secret of the healthy pizzas is a recipe that allows them to pack in more nutrients into regular pizzas. They worked on reducing the salt level on the standard pizzas available in the market
As of now the pizzas will only be available frozen, preserving their nutrients. Maclean said their pizzas are slightly more expensive than those available in the market, but it "shouldn't be a hard pill to swallow, or a hard pizza to eat."
Libor scandal prompts Diamond to resign as Barclays CEO
Barclays CEO Bob Diamond stepped down amid increasing pressure related to an investigation of possible manipulation of the London Interbank Offered Rate. "The external pressure placed on Barclays has reached a level that risks damaging the franchise -- I cannot let that happen," Diamond said. "I am deeply disappointed that the impression created by the events announced last week about what Barclays and its people stand for could not be further from the truth." Marcus Agius, who resigned as chairman Monday, will take Diamond's spot until a permanent successor is found.
Barclays is "not an isolated case" in Libor issue, FSA says
As U.K. prosecutors weigh a criminal investigation of Barclays in reference to manipulation of the London Interbank Offered Rate, Tracey McDermott, acting head of enforcement at the Financial Services Authority, said the bank is "not an isolated case." "You will hear more of this in due course," McDermott said. Meanwhile, fraud prosecutors said they will decide "within a month" about a criminal investigation.
Hunt for credible Libor replacement heats up
Banks are looking for a possible replacement of the London Interbank Offered Rate, which has traditionally been the most accepted measure of short-term interest-rate change. Nomura Holdings and UBS are looking into a rate tied to the market for repurchase agreements, while the U.S. Treasury Department suggested other options.
Airbus will build $600M aircraft plant in U.S.
European aerospace firm Airbus said it will build passenger jets at a $600 million assembly plant in the U.S. When it reaches full capacity, the plant will employ 1,000 people building the A320 family of aircraft. The move is part of Airbus' plan to challenge rival Boeing in its home market.
Microsoft plans $6.2B write-down for Internet division
Microsoft said it will take a $6.2 billion charge in its fiscal fourth quarter on its underperforming online-services division. The write-down exceeds the $5.2 billion to $5.3 billion earnings most analysts are forecasting for the quarter. This will mark the first time Microsoft reports a quarterly loss in at least a decade.
CUSIP must be involved in LEI setup, chairwoman says
Jane Washington, vice president of trust operations at Wells Fargo and chairwoman of CUSIP Global Services, which puts identification numbers on securities in the U.S. and Canada, said CUSIP must be involved with establishing legal-entity identifiers if they are to be successful. The U.S. Commodity Futures Trading Commission wants LEIs for swaps by September. The Group of 20 aims for worldwide implementation by March.
Market Activity
Most Asian-Pacific markets advance; Australian stocks fall
Most Asian-Pacific share markets advanced Tuesday, but Australia's market fell after the central bank left interest rates unchanged. Hong Kong's Hang Seng Index rose 1.5% when traders returned after a three-day break. Taiwan's Taiex gained 1%. South Korea's Kospi added 0.9%. Japan's Nikkei 225 advanced 0.7%. China's Shanghai Composite edged up 0.1%. Australia's S&P/ASX 200 slid 0.1%. India's Sensex was up 0.5% midmorning.
IPO market in U.S. remains weak after Facebook debut
Thirty-nine days passed after Facebook's initial public offering before another company attempted to go public in the U.S., and the IPO market is still shaky. Thirty-one IPOs were successfully brought to market in the second quarter, 33% less than in Q2 of 2011.
High-yield bond market in U.S. appears set for a slowdown
With companies under less pressure to roll over maturing debt and the global economic outlook becoming more uncertain, the pace of high-yield bond offerings in the U.S. in the second half of the year is likely to fall short of the first half.
Economics
U.S. factory output contracts for first time since 2009
Economists were caught by surprise by data indicating that U.S. manufacturing activity in June declined for the first time in three years. The Institute for Supply Management said its manufacturing index fell to 49.7 in June on a scale in which anything below 50 represents contraction. Most economists expected a reading of 52.
Eurozone joblessness soared to historic high of 11.1% in May
Unemployment in the eurozone climbed to 11.1% in May, the highest level since the euro was launched in 1999, EU statistics office Eurostat said. The number of people out of work increased 88,000, to 17.6 million, 1.8 million more than in May 2011.
Growth of Chinese services industry accelerated in June
Expansion of China's services sector picked up last month, driven by an influx of orders and improvement in the real estate market, the China Federation of Logistics and Purchasing said. The federation's services-sector index reached 56.7, compared with 55.2 in May, on a scale in which anything higher than 50 indicates growth.
Analysis: Safest government bonds might have low yields for years
The phenomenon of countries such as the U.S., Germany and the U.K. being able to borrow at record-low yields turns the traditional view of government finance on its head, but it might be around for some time, according to The Economist. "It is a neat trick: buy real goods and services from other countries and sell them low-yielding pieces of paper in return," the magazine notes. "And it looks like one that may have a fair bit of mileage left.
Auditors warn France of urgent need to cut spending
The French audit office warned about a need for strong austerity measures, including laying off public workers, to meet deficit-cutting goals. The overall budget needs to be reduced 3.3% next year, auditors said.
Online reviews become compliance problem for financial advisers
Financial advisers are worried that online testimonials for their firms, even if unsolicited, could get them in trouble with securities regulators. The Securities and Exchange Commission's guidance on social media deals mostly with what appears on advisers' websites and doesn't address comments on a third-party website.
Geopolitical/Regulatory
ECB becomes key player in dealing with Europe's finances
Mario Draghi, president of the European Central Bank, has become a central figure in the debt crisis, after EU leaders handed him a stronger and broader mandate to address the problem. At a recent summit, European leaders moved significantly toward giving the ECB power much like that exercised by the Federal Reserve.
MiFID II could hinder fixed-income markets, TABB says
A TABB Group study says some measures in the updated Markets in Financial Instruments Directive could hurt fixed-income markets and hinder the ability of European governments to raise capital.
Financial Products
PIMCO and Source debut ETF focused on German government bonds
PIMCO and Source debut ETF focused on German government bonds
PIMCO and Source launched an exchange-traded fund that tracks an index of German government bonds. The PIMCO German Government Bond Index Source ETF seeks to deliver the performance of the Markit iBoxx € Germany index using a physical-replication strategy. The ETF won't engage in securities lending.
Hidden gem " Rama pulp & papers limited” (BSE code: 502587) AT 11/- target of 19/- & 35/-
STOCK : RAMA PULP & PAPERS LIMITED (BSE CODE: 502587)
CMP : 11/-
Target : 19/- to 35/- in Short term and Medium terms;
Equity : 11 Cr
Reserves : 23.43 Cr (Per share Rs. 22/-).
Promoters Holding : 19.31% ;
Body Corporate : 35%;
Public Only 43%
Face Value : 10/-
EPS : 2.35/- for 2011-12 and 2012-13 Expecting 4/- as per the Order Book.
Book Value: 34/-
Every Year Dividend Paying company.
Dividend History :
2011 --- 5%; 2010 --- 5%; 2009 --- 5%; 2008 --- 5%; 2007 --- 10%
Dividend Yielding per Year 4.55%.
RAMA PULP & PAPERS LIMITED Having Good Land Bank and Valuable Assets.
RAMA PULP & PAPERS LIMITED Stock Will go 19/- to 35/- range in Short term and Medium Term., Like SE Investment (Call Given at 175/- Now including Bonus and Stock split 1250/-) and Bihar Tubes Ltd (Call Given at 57/- Now 165/-).
For 2011-12 Year Net Income of 70.9 Cr and Net Profit was 2.528 Cr EPS 2.35/-.
For 2012-13 Full Year Estimating Net Income of 97 Cr and Net Profit of 4 Cr As per this EPS was 4/- above. Stock Trading at 11/- PE just 3 Industry PE is 11. As per this Stock will zoom to 35/- levels in 6 Months to 1 Year Time.
Given its low debt-equity ratio of 0.35:1, a dividend yield of 4.47% and a healthy ROE of 32% , the stock`s valuations appear to be quite attractive.
Rama Pulp & Papers Limited (RPPL) is a certified ISO 9001-2000 Company, engaged in manufacturing various types of papers mainly cultural and specialty grades.
Rama Pulp preservation of environment is an objective. The products are manufactured from 100% recycled indigenous and imported waste paper, thereby preserving the environment. Company has given extra focus on its effluent treatment and is successful to keep clean environment and almost zero discharge mill.
RPPL has firmly positioned itself among prominent paper manufacturing groups based in India. Rama Pulp and paper is a midsized player in the Indian paper industry. The company currently operates with a capacity of 21,000 tpa with the capability to manufacture various paper varieties like writing-printing and carbon base paper, poster and wrapping paper, napken grade tissue paper etc. RPPL is expanding its capacity to 30,000 MT's. p.a. The company has a strong distribution network that enables it to market its products in various regions. Today RPPL has grown from strength to strength with its diversified product mix and strategic marketing plan.
With further expansion programs on hand, RPPL is now looking ahead to meet the emerging challenges both in domestic as well as overseas market. Keeping in view to take the company to the next level, company is planning to acquire an existing Industrial Chemical Unit to produce various industrial grades of chemicals, especially Sulfonated products like Sulfur Dioxide, Sulfur Trioxide etc. This new venture will give the company a new lease of life. As the paper industry requires lot of steam and power, the high pressure steam being vented out of the manufacturing process of these chemicals can be used for running the steam based power plant and then the extracted steam will be used for manufacturing of paper. Hence, the paper mill will self sufficient for its requirement of energy like steam and power. The will make the company very high on its bottom line. RPPL has a strong product mix that would enable it to cater to the demands of various customer segments.
The new value added products introduced by the company are well accepted by the dealers as well as the end users, which ultimately gave a forward thrust to the company to emerge as a key player in this segment. The Carbon base paper being manufactured by the company has a market share of more than 50%, which places the company among the top players in this segment. The company is exporting its products to a very reputed chain of departmental stores like WALLMART and its specialty grade paper is very well accepted globally. The demand of paper as a whole is in a growing spree. The demand of paper is directly linked to the literacy of a particular country and in India, with implementation of educational policy, the literacy rate is growing and paper consumption is also in upward. Therefore, a steady growth in the demand of paper, especially writing printing, newsprint etc., is expected.
RPPL is expected to register robust growth in revenues and earnings going forward. It is currently quoting at compelling valuations of 3x FY12E earnings. Capacity expansion and growing demand for paper from various segments like education, industrial and specialty, in addition to its inorganic growth in Sulfonated chemicals will drive revenue and earnings growth for RPPL. The stock has potential to deliver handsome returns to the investors over a period of next one year. Investors can enter into the stock at current level considering the huge growth potential, which would enable investors to earn a healthy return on their investment.
Strength of the Company
Dividend Yielding per Year 4.55%.
RAMA PULP & PAPERS LIMITED Having Good Land Bank and Valuable Assets.
RAMA PULP & PAPERS LIMITED Stock Will go 19/- to 35/- range in Short term and Medium Term., Like SE Investment (Call Given at 175/- Now including Bonus and Stock split 1250/-) and Bihar Tubes Ltd (Call Given at 57/- Now 165/-).
For 2011-12 Year Net Income of 70.9 Cr and Net Profit was 2.528 Cr EPS 2.35/-.
For 2012-13 Full Year Estimating Net Income of 97 Cr and Net Profit of 4 Cr As per this EPS was 4/- above. Stock Trading at 11/- PE just 3 Industry PE is 11. As per this Stock will zoom to 35/- levels in 6 Months to 1 Year Time.
Given its low debt-equity ratio of 0.35:1, a dividend yield of 4.47% and a healthy ROE of 32% , the stock`s valuations appear to be quite attractive.
Rama Pulp & Papers Limited (RPPL) is a certified ISO 9001-2000 Company, engaged in manufacturing various types of papers mainly cultural and specialty grades.
Rama Pulp preservation of environment is an objective. The products are manufactured from 100% recycled indigenous and imported waste paper, thereby preserving the environment. Company has given extra focus on its effluent treatment and is successful to keep clean environment and almost zero discharge mill.
RPPL has firmly positioned itself among prominent paper manufacturing groups based in India. Rama Pulp and paper is a midsized player in the Indian paper industry. The company currently operates with a capacity of 21,000 tpa with the capability to manufacture various paper varieties like writing-printing and carbon base paper, poster and wrapping paper, napken grade tissue paper etc. RPPL is expanding its capacity to 30,000 MT's. p.a. The company has a strong distribution network that enables it to market its products in various regions. Today RPPL has grown from strength to strength with its diversified product mix and strategic marketing plan.
With further expansion programs on hand, RPPL is now looking ahead to meet the emerging challenges both in domestic as well as overseas market. Keeping in view to take the company to the next level, company is planning to acquire an existing Industrial Chemical Unit to produce various industrial grades of chemicals, especially Sulfonated products like Sulfur Dioxide, Sulfur Trioxide etc. This new venture will give the company a new lease of life. As the paper industry requires lot of steam and power, the high pressure steam being vented out of the manufacturing process of these chemicals can be used for running the steam based power plant and then the extracted steam will be used for manufacturing of paper. Hence, the paper mill will self sufficient for its requirement of energy like steam and power. The will make the company very high on its bottom line. RPPL has a strong product mix that would enable it to cater to the demands of various customer segments.
The new value added products introduced by the company are well accepted by the dealers as well as the end users, which ultimately gave a forward thrust to the company to emerge as a key player in this segment. The Carbon base paper being manufactured by the company has a market share of more than 50%, which places the company among the top players in this segment. The company is exporting its products to a very reputed chain of departmental stores like WALLMART and its specialty grade paper is very well accepted globally. The demand of paper as a whole is in a growing spree. The demand of paper is directly linked to the literacy of a particular country and in India, with implementation of educational policy, the literacy rate is growing and paper consumption is also in upward. Therefore, a steady growth in the demand of paper, especially writing printing, newsprint etc., is expected.
RPPL is expected to register robust growth in revenues and earnings going forward. It is currently quoting at compelling valuations of 3x FY12E earnings. Capacity expansion and growing demand for paper from various segments like education, industrial and specialty, in addition to its inorganic growth in Sulfonated chemicals will drive revenue and earnings growth for RPPL. The stock has potential to deliver handsome returns to the investors over a period of next one year. Investors can enter into the stock at current level considering the huge growth potential, which would enable investors to earn a healthy return on their investment.
Strength of the Company
Company is strategically located in the Industrial Area at Vapi, Gujarat with modern infrastructure & facilities.
Flexibility of manufacturing Industrial and Tailor made paper in 16 Gsm. to 180 Gsm range.
Industrial grade products qualities at par with global standards with Substantial market share.
Capacity to produce value added and specialty grade papers.
Excellent distribution network.
Dedicated and competent technical /marketing team.
Rama Pulp has got an elaborate R&D set-up, focusing on the individual needs of our customers and providing them with specific solutions to their particular needs. We attempt to understand the processes of our customers, as well as their end usages and to supply them with specialized qualities which best fulfill their needs.
Valuation:
The company does seem undervalued significantly based on even conservative measures.
Market Cap: 12 Crores.
Reserves : 23.43 Cr means per share 22/- Now trading at 11/- Almost 50% discount.
Sales: 70 Crores.
Profits: 2.528 Crores.
Last 3 year average profits: 4 Crores.
P/E: 3.xx.
Avarage PE for this Industry is 11/-.
As per this stock Valuation is up to 35/-.
RAMA PULP & PAPERS LIMITED having Lot Expansion Plans in Fututre. It's a Multibagger stock. Just buy and hold 1 year will get 5 times Return like NATCO Pharma (Call given in 2009 at 40/- levels Now 450/-) and SE Investments Ltd (This Stock I have Recommended at 175/- levels after that reached 1200/- levels including Bonus and Split).
Positive Points for this stock for Up moving:
1) Company is in Paper Business; company Circle people and Operators are accumulating at current price. Because Company Stock Good Value at 11/- Good Profit making company and Book Value at 34/- and Good dividend paying company.
2) Equity is very small at 11 Cr
3) Company Having Good reserves at 23.487 Cr means per share 22/- Stock Trading at 11/- So 50% discount with reserves.
4) Good Profit Making Company for 20011-12 EPS 2.528/- Annualized and Expecting EPS for full year 2012-13 is above 4/-because Good Order Book.
5) Company having Good Book Value 34- and Good Land Bank and Good Assets.
6) Good Dividend Paying company every year 5% to 10%, So Dividend yielding is 4.56%.
Social ranker Klout has hired a new COO, tech startup consultant Emil Michael. According to his Klout profile, Michael is influential, appropriately enough, about entrepreneurship and business. That tally matches Michael's LinkedIn profile, which reveals his past experience as a senior vice president at TellMe Networks, as special secretary to the Secretary of Defense, and most recently as a tech startup consultant for companies like Codecademy, GroupMe and Flipboard.
Mozilla's Firefox-Branded Smartphone Is On The Way
Mozilla is developing a Firefox-powered smartphone that will be ready by 2013. The big news here is the smartphone's Firefox OS, which is being built with HTML5, the most recent version of the standard code used to create websites. (HTML5 powers next-gen websites such as Nike Better World and the Arcade Fire-inspired The Wildness Downtown.) Aesthetic flair aside, HTML5 mobile apps are also cost-effective alternatives to native mobile apps. (Native mobile apps have to be developed for a specific platform, such as iOS or Android.) And no doubt Mozilla's robust developer community will help promote the creation of new HTML5 apps.
TCL Communication Technology and ZTE are slated to manufacture the devices, and Mozilla already has backing from major global telecom companies such as Deutsche Telekom and Sprint. No word on a U.S. date yet, but the first commercial Firefox OS phones are expected to launch in Brazil in early 2013, serviced by Vivo, the country's second-largest telecom company.
Thank Your Smartphone For The Extra 365 Work Hours You Log Per Year
We already know Americans work a lot. Now, a new Good Technology study puts a precise number on all those phone calls and emails you log after hours: 365. That's how many overtime hours the average American works a year, though it may feel less like work when you're checking your email at the dinner table, in bed, or on vacation, as many of the 1,000 participants reported. The study also found that the average American starts checking emails at 7:09 a.m., and 69% of us won't go to sleep without checking our work email. Depressing as it sounds, the widespread adoption of mobile devices for work means workers have more choice over when and where they do that work, which means you might be able to spend less time in the office. But it also means you might be falling asleep clutching your iPhone.
ICANN'T: Trio Of Google's Top-Level Domain Requests May Be Out Of Reach
In mid-June, Internet authority ICANN released a list of the web domain suffixes that companies across the globe had applied to own. Google was among the several companies that put in requests for vanity domain names, registering 101 of the 1,930 applications, each costing $185,000. But three of Google's requests may be rejected outright, The Register reasons, because of stipulations in the ICANN handbook that Google appears to have overlooked. The ICANN handbook puts certain domain names out of reach--among them are three-letter codes per the ISO 3166. It appears Google has applied for three of those: .and, .are, and .est, which are codes for Andorra, the UAE, and Estonia respectively.
Dr. Dre's Beats Electronics Finally Snaps Up MOG
Via USA Today: Beats Electronics--the company that churns out the ubiquitous Beats By Dr. Dre headphones--just bought music subscription service MOG for an undisclosed price. (The rumor mill hinted at a possible acquisition back in March.) It's a big move for MOG, who has been trying to keep up with subscription-service favorite Spotify. Specifically, MOG has focused on hardware partnerships--with TV manufacturers like LG and Samsung and automakers like BMW and Ford. And Beats has forged its own big-name hardware partnerships, with HP and Chrysler, to extend the Beats audio experience to preconfigured laptops and cars. So although the acquisition isn't totally new territory for MOG (Beats' majority owner is hardware giant HTC), the marriage of Beats' top-notch audio hardware and MOG's software is certainly MOG's highest-profile move to date, which could give it the user boost it needs to remain a competitive player in the subscription music business.
Samsung's Galaxy S III Rigged With Health App
Samsung's home-grown health app for the Galaxy S III is now live, joining the multitudes of wellness apps built for the iOS and Android app-space. According to the press release that Engadget snagged, the S Health app reads data from select (third party) blood glucose and blood pressure measuring devices and can be set to chart your stats over a period of time. The app leaves space for users to manually enter in details like daily diet, or exercise records. Crucially, the app is also rigged to easily share one's healthy-wealthy accomplishments on a social network of choice.
Proview Trademark Suit Against Apple Fizzles To $60 Million Deal
The AP reports Apple has now settled a protracted trademark dispute with Chinese firm Proview over the iPad name for a mere $60 million. That's just 8.5 hours of Apple's profits at its current run rate, and is vastly reduced from the billions of dollars figures Proview had been talking about. The dispute centered over some tricky legal maneuvering, with Apple claiming its subsidiary had acquired global access to the iPad trademark, including in China, from Proview prior to the iPad's release--but Proview said it was an illegal purchase made via a subsidiary which had no rights over the name in China. Proview is in deep financial trouble, facing bankruptcy, and had recently been saying it hoped for up to $400 million in settlements from Apple. Apple is now free to sell the iPad in China, one of its fastest-growing markets, without worrying about the legality of the trademark.
MasterCard And Deutsche Telekom Unite For NFC In Europe
MasterCard and Deutsche Telekom just announced a partnership to bring SIM-based NFC services to Europe. Poland and Germany will be the first ports of call, with Poland getting a full-scale rollout of tag-based payments in parallel with a slower trial-based run in Germany. A mobile wallet service will follow in 2013. This means that Europe, ever ahead of the U.S. on mobile payment tech, will get yet another mobile payments service--Visa has confirmed the launch of its V.me system set to debut in Spain and France in August this year, and Orange announced a nation-wide rollout of NFC-enabled SIM for all new subscribers in home country France.
Sony Buys Cloud Game Builder Gaikai For $380 Million
Sony has bought Gaikai, a company that specializes in cloud-based games, for $380 million. Using Gaikai's technology, Sony plans to extend its existing PlayStation services into the cloud to enable streaming games. Gaikai was started in 2008. Following a record loss-making year, Sony is in the process of consolidating its diverse product line under its "One Sony" strategy and according to CEO Kazuo Hirai, gaming is one of its key focusses.
Uber Plans Expansion With Cheaper Hybrid Vehicles
Uber, still technically a startup despite its fast-growing international standing, has revealed that from this Wednesday it'll be launching a cheaper taxi car option that connects its users to hybrid vehicles instead of the usual more luxurious black town cars. The new hybrid solution will cost a markup of just 10% to 25% more than the cost of a typical taxi--meanwhile still delivering the speed and convenience of the smartphone-centric Uber business model--compared to the 40% to 100% that Uber costs for town cars. In another tweak from Wednesday Uber users will also be able to request a stretch limo or an ice-cream van. According to the New York Times, Uber has seen monthly revenue growths around 20% to 30% over the last year.
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Compared to the previous version of the Aakash tablet, which proved to be a dud, the company has now upgraded some of the key features to enhance the user experience.
The original Aaaksh tablet was powered by a 366 MHz processor, but the new Aakash 2 tablet will come engineered with a Cortex A8 800 MHz processor.
Besides, the upgraded Aakash will run Android 2.3 operating system, whereas its predecessor had Android 2.2 OS. The previous version of Aakash had a 7-inch resistive touch screen, but the new Aakash tablet will have a 7-inch multitouch capacitive screen.
Key specifications: Aakash 2
- 7-inch multi-touch capacitive screen
- 256 MB RAM
- 2GB (internal) flash memory, which is expandable up to 32 using a micro SD card
- USB port
- 800 MHz Cortex A8 processor
- 3200 mAh battery (claimed to offer 3-4 hours of backup)
- WiFi
For months now the Hindu community in Pakistan's southern Sindh province has been complaining of bias and injustice over the issues of kidnappings and forced conversions but for a change they celebrated being able to organise a religious event without any problems.
The quiz competition testing the knowledge of the Hindu boys and girls about their religion - Sanatan Dharma – was enthusiastically participated by at the Santa Maria school in Karachi's Gizri area.
"It was a big success and we are happy that in a Muslim dominated area they really cooperated a lot with us in organizing this event," Pakistan Hindu Seva (PHS) President, Sanjesh Dhanja said.
During the competition shlokas from Bhagavad Gita reverberated in the school.
"I really enjoyed the competition and the PHS should organise more such events in future as well," Bhawan said.
Yasir Kazmi one of the Muslim organisers who is attached with a NGO that deals with minorities said already another similar competition had been planned for on July 15 in Ranchore Lines which has a sizeable population of Hindus.
"It was an excellent event to showcase religious tolerance and respect for each other’s religions," Kazmi said.
He said no one from the neighbourhood had complained even though during the competition the children were singing religious songs and speaking about the Bhagavad Gita.
"It helped build their confidence and they also get to know more about one of the greatest Hindu scriptures," PHS president Sanjesh S Dhanja said.
Dhanja said the purpose of the event was to improve the religious knowledge of Hindu students and to bring them closer to their religion.
Students from other schools were also allowed to take part in the competition and Ramesh Parvani who lives in a posh area and is a successful estate agent said his son had enjoyed the event.
"To me the event was a success and it gave students lot of confidence," Parvani said.
But after decades of work and billions of dollars spent, researchers at the European Organization for Nuclear Research, or CERN, aren't quite ready to say they've "discovered" the particle.
Instead, experts familiar with the research at CERN's vast complex on the Swiss-French border say that the massive data they have obtained will essentially show the footprint of the key particle known as the Higgs boson - all but proving it exists - but doesn't allow them to say it has actually been glimpsed.
It appears to be a fine distinction.
Senior CERN scientists say the two independent teams of physicists who plan to present their work at CERN's vast complex on the Swiss-French border on July 4 are about as close as you can get to a discovery without actually calling it one.
"I agree that any reasonable outside observer would say, 'It looks like a discovery,'" British theoretical physicist John Ellis, a professor at King's College London who has worked at CERN since the 1970s, told The Associated Press. "We've discovered something which is consistent with being a Higgs."
CERN's atom smasher, the $10 billion Large Hadron Collider, has been creating high-energy collisions of protons to help them understand suspected phenomena such as dark matter, antimatter and ultimately the creation of the universe billions of years ago, which many theorize occurred as a massive explosion known as the Big Bang.
The discovery of the Higgs boson won't change people's lives, but will help explain the underpinnings of the universe. It would confirm the standard model of physics that explains why fundamental particles have mass. Those particles are the building blocks of the universe. Mass is a trait that combines with gravity to give an object weight.
The phrase "God particle," coined by Nobel Prize-winning physicist Leon Lederman, is used by laymen, not physicists, more as an explanation for how the wonders of the subatomic universe work than how it all started.
Rob Roser, who leads the search for the Higgs boson at the Fermilab in Chicago, said: "Particle physicists have a very high standard for what it takes to be a discovery," and he thinks it is a hair's breadth away.
Rosen compared the results that scientists are preparing to announce Wednesday to finding the fossilized imprint of a dinosaur: "You see the footprints and the shadow of the object, but you don't actually see it."
Though an impenetrable concept to many, the Higgs boson has until now been just that - a concept intended to explain a riddle: How were the subatomic particles, such as electrons, protons and neutrons, themselves formed? What gives them their mass?
The answer came in a theory first proposed by physicist Peter Higgs and others in the 1960s. It envisioned an energy field where particles interact with a key particle, the Higgs boson.
The idea is that other particles attract Higgs bosons and the more they attract, the bigger their mass will be. Some liken the effect to a ubiquitous Higgs snowfield that affects other particles traveling through it depending on whether they are wearing, metaphorically speaking, skis, snowshoes or just shoes.
Officially, CERN is presenting its evidence at a physics conference in Australia this week, but plans to accompany the announcement with meetings in Geneva. The two teams, ATLAS and CMS, then plan to publicly unveil more data on the Higgs boson at physics meetings in October and December. Each of the teams involves thousands of people working independently from one another, to ensure accuracy.
Scientists with access to the new CERN data say it shows with a high degree of certainty that the Higgs boson may already have been glimpsed, and that by unofficially combining the separate results from ATLAS and CMS it can be argued that a discovery is near at hand. Ellis says at least one physicist-blogger has done just that in a credible way.
CERN spokesman James Gillies said Monday, however, that he would be "very cautious" about unofficial combinations of ATLAS and CMS data. "Combining the data from two experiments is a complex task, which is why it takes time, and why no combination will be presented on Wednesday," he told AP.
But if the calculations are indeed correct, said John Guinon, a longtime physics professor at the University of California at Davis and author of the book "The Higgs Hunter's Guide," then it is fair to say that "in some sense we have reached the mountaintop."
Sean M. Carroll, a California Institute of Technology physicist flying to Geneva for the July 4th announcement, said that if both ATLAS and CMS have independently reached these high thresholds on the Higgs boson, then "only the most curmudgeonly will not believe that they have found it."
( Associated Press )
Pink Visual spokesman Quentin Boyer told PCmag.com that the style of porn known as "point of view" has been a popular type of content for quite a while now.
"Obviously, a device that allows you to shoot high quality video in a truly hands-free fashion will make shooting POV porn that much easier."
But quite what Google will think of the idea is another matter: indeed in their official unveiling Wednesday, the search giant said the product would initially be offered for business, industrial and medical use, Daily Mail reported Friday.
Perhaps the studio, Pink Visual, falls under that first category.
The glasses are designed to let users capture video with a built-in camera as well as use apps, the internet, and social networking sites on the move.
"To really know their full potential, we'll need to get a pair to play around with, but we're already dreaming up ways to use the glasses to get shots (sex-related and otherwise) that just aren't feasible using a traditional camera setup," the Mail quoted Boyer as saying.
Google points out that this is experimental technology, and a first generation device.
Google offered the first shot at the the device, known as Project Glass, to people attending a three-day conference for computer programmers this week in San Fancisco.
This week at a technology show in New York City, Perpetua was showing a new way of powering gadgets, Fox News reported on Saturday.
It's not, strictly speaking, a new way. The technology is based on a principle discovered nearly 200 years ago by physicist Thomas Johann Seebeck. Seebeck found that a combination of materials, when warmer on one side and colder on another, produces electricity.
Current heat wave notwithstanding, the human body's temperature of around 98.6 degrees Fahrenheit is usually hotter than the air around it.
So Perpetua has developed an armband, soon to become a wristband, that produces enough power for small electronics - not smartphones, but items such as Bluetooth devices.
Headsets using a technology called Bluetooth Low Energy need only about 2 volts, said Jerry Wiant, vice president of marketing at Perpetua.
What else uses that level of power? A traditional watch does, he said, as do medical and fitness devices such as heart monitors.
Perpetua's first products are for the US government. The Department of Homeland Security's Science & Technology division, for example, is funding a power-conducting jacket to monitor the health and safety of first responders - with sensors for heart rate, breathing rate and levels of pollutants such as carbon monoxide.
But Perpetua is also aiming for consumer products - for example, a watch with a wrist strap that also doubles as a wirelss power source, the broadcaster said.
