My Life

Thursday, 21 October 2010

Black-Scholes Model - A Study of Option Pricing Models ( By Myron Scholes and Fischer Black)


The Black and Scholes Model:


The Black and Scholes Option Pricing Model didn't appear overnight, in fact, Fisher Black started out working to create a valuation model for stock warrants. This work involved calculating a derivative to measure how the discount rate of a warrant varies with time and stock price. The result of this calculation held a striking resemblance to a well-known heat transfer equation. Soon after this discovery, Myron Scholes joined Black and the result of their work is a startlingly accurate option pricing model. Black and Scholes can't take all credit for their work, in fact their model is actually an improved version of a previous model developed by A. James Boness in his Ph.D. dissertation at the University of Chicago. Black and Scholes' improvements on the Boness model come in the form of a proof that the risk-free interest rate is the correct discount factor, and with the absence of assumptions regarding investor's risk preferences.


In order to understand the model itself, we divide it into two parts. The first part, SN(d1), derives the expected benefit from acquiring a stock outright. This is found by multiplying stock price [S] by the change in the call premium with respect to a change in the underlying stock price [N(d1)]. The second part of the model, Ke(-rt)N(d2), gives the present value of paying the exercise price on the expiration day. The fair market value of the call option is then calculated by taking the difference between these two parts.


Assumptions of the Black and Scholes Model:
1) The stock pays no dividends during the option's lifeMost companies pay dividends to their share holders, so this might seem a serious limitation to the model considering the observation that higher dividend yields elicit lower call premiums. A common way of adjusting the model for this situation is to subtract the discounted value of a future dividend from the stock price.


2) European exercise terms are usedEuropean exercise terms dictate that the option can only be exercised on the expiration date. American exercise term allow the option to be exercised at any time during the life of the option, making american options more valuable due to their greater flexibility. This limitation is not a major concern because very few calls are ever exercised before the last few days of their life. This is true because when you exercise a call early, you forfeit the remaining time value on the call and collect the intrinsic value. Towards the end of the life of a call, the remaining time value is very small, but the intrinsic value is the same.


3) Markets are efficientThis assumption suggests that people cannot consistently predict the direction of the market or an individual stock. The market operates continuously with share prices following a continuous Itô process. To understand what a continuous Itô process is, you must first know that a Markov process is "one where the observation in time period t depends only on the preceding observation." An Itô process is simply a Markov process in continuous time. If you were to draw a continuous process you would do so without picking the pen up from the piece of paper.


4) No commissions are chargedUsually market participants do have to pay a commission to buy or sell options. Even floor traders pay some kind of fee, but it is usually very small. The fees that Individual investor's pay is more substantial and can often distort the output of the model.


5) Interest rates remain constant and knownThe Black and Scholes model uses the risk-free rate to represent this constant and known rate. In reality there is no such thing as the risk-free rate, but the discount rate on U.S. Government Treasury Bills with 30 days left until maturity is usually used to represent it. During periods of rapidly changing interest rates, these 30 day rates are often subject to change, thereby violating one of the assumptions of the model.


6) Returns are lognormally distributedThis assumption suggests, returns on the underlying stock are normally distributed, which is reasonable for most assets that offer options.


Tuesday, 16 March 2010

Nasa's 10 greatest achievement!

NASA scientists prepare a rocket for a space launch.
Robert W. Kelley/Time Life Pictures/Getty Images
NASA scientists prepare a rocket for a space launch. The administration began in 1958 and quickly racked up technological achievements. See more rocket pictures.
When the satellite Sputnik orbited Earth in October 1957, Russia pulled ahead in the space race. The Cold War was on, and the United States scrambled to respond in kind. It had already developed a satellite under another national program, but it became clear that a dedicated space agency was in order. President Eisenhower and Senator Lyndon B. Johnson led the drive. It took one year from Sputnik's launch to get the National Aeronautics and Space Administration (NASA) through Congress and into full operation. Not a second was wasted in eliminating Russia's lead: Even before NASA was fully up and running, the United States sent a satellite into orbit. We were officially in the Space Age.
From the start, NASA's goals were lofty. It planned to expand human knowledge of space; lead the world in space-related technological innovation; develop vehicles that can carry both equipment and living organisms into space; and coordinate with international space agencies to achieve the greatest possible scientific advancements. In the last 50 years, NASA has achieved every one of those goals, and it continues to seek answers to some of the biggest mysteries in science as it evolves with a changing world.
The agency has always reflected the changing values of U.S. society, focusing on technological supremacy from its inception in 1958, and adding goals like Earth observation­ in 1985, in the wake of climate-change evidence. It amended its goals to include manufacturing preeminence in 1989, reflecting the ri­se of international players in the industry of space-exploration equipment. But the most sought-after aspiration remains the same: explore every corner of space to expand our knowledge of the universe.
­In this article, we'll look at some of NASA's greatest achievements to date. It's hard to choose from among the incredible feats on NASA's résumé, but some of its successes are more monumental than others. This list presents some of those great moments in science, beginning with the launch of the first U.S. spacecraft. Explorer 1 encountered a major discovery before it even reached its orbit.

Anchorman Walter Cronkite.
CBS Photo Archive/Getty Images
Anchorman Walter Cronkite uses models to explain America's Explorer 1 mission to viewers on the CBS television network in 1958.
Achievement 10: Explorer 1, the First U.S. Satellite(1958) : Immediately ­after the news of S­putnik's success, the Jet Propulsion Laboratory (JPL), soon to be the NASA Jet Propulsion Laboratory, began designing the satellite that would follow Sputnik into space. It took three months for the JPL to finish Explorer 1.
The satellite rode into space onboard a rocket, and its mission was to study the cosmic rays in Earth's orbit. Explorer 1 measured 80 inches (203 cm) long and 6.25 inches (15.9 cm) in diameter, and weighed 30.8 pounds (14 kg). The satellite circled the planet 12 and a half times a day, its altitude fluctuating from 1,563 miles (2,515 km) to 220 miles (354 km) above Earth as it measured the cosmic radiation in its environment [source: NASA].
But something happened even before it entered orbit, revealing a discovery that would change our understanding of Earth's atmosphere. Once Explorer 1 made it into space, its instruments began collecting information on the cosmic rays there. The first data scientists interpreted from Explorer 1 showed cosmic-ray activity that was significantly lower than they expected. One of those scientists, Dr. James Van Allen, hypothesized that the cause of the anomaly was essentially an interference with the satellite's cosmic-ray detector. He believed Explorer 1 had passed through a radiation belt that had bombarded the detector with X-rays to the point that it was too full to collect much more when it was in orbit.
Another satellite, sent into orbit two months later, delivered data that backed up Van Allen's theory, and the Van Allen radiation belts surrounding Earth entered the science books. Explorer 1 dipped into Earth's atmosphere and burned up in March 1970, after orbiting Earth 56,000 times.
A satellite launched 20 years later revealed an understanding of our world that went far beyond science books. The payload on this satellite would deliver high-resolution photos of space into our homes.

Radiation from a stellar burst ricocheting off dust particles.
NASA/National Geographic/Getty Images
The Hubble Telescope gave us never-before-seen images -- like this picture of radiation from a stellar burst ricocheting off dust particles.
Achievement 9, Hubble Space Telescope, the Universe Unveiled(1990-present) : Before ­1990, our view of space came from ground-based light telescopes. The images were interesting, but not very clear, and the optics couldn't see far enough to give us the views astronomers had in mind. Earth's atmosphere, with all its clouds, water and gas vapors, isn't terribly conducive to conducting light, a requirement for capturing clear images.
The solution was clear: Put a telescope on the other side of Earth's atmosphere, where the light would travel to distant objects and bounce back unhindered. Named after astronomer Edwin Hubble, the telescope offered the first clear views of the universe beyond our galaxy. Hubble developed a theory based on the changing nature of stars light years away. The Hubble Space Telescope would let astronomers prove his theory that the universe is expanding.
The work began in 1975. It took 15 years to launch Hubble. Scientists spent eight years assembling and testing the telescope's 400,000 parts and 26,000 miles (41,843 km) of wiring. It would have been in orbit in the late '80s, but the Challenger disaster in 1986 pushed the launch date back to 1990.
The Hubble Space Telescope lets us watch the expansion of the universe in a way never before imagined. Not only does it have 10 times the resolution of a ground-based telescope and 50 times the sensitivity, but another development around the same time made its unprecedented views of the universe more accessible than any previous scientific advance. With the advent of the Internet, people could sit at home and watch the universe unfold in all hi-resolution, full-color glory. Hubble revealed the world, going out billions of light years from Earth, to anyone who cared to see it.
Of course, Hubble was only state-of-the-art for a short time. As is typical with scientific innovations, it was outdated in less than a decade. The Chandra telescope uses X-rays instead of visible light to capture the most amazing views of the universe to date.

Bright flares visible near the event horizon of a super-massive black hole in the center of the Milky Way.
NASA/CXC/MIT/F.K.Baganoff/Getty Images
The Chandra X-ray Observatory has created amazing images -- like this one of bright flares visible near the event horizon of a super-massive black hole in the center of the Milky Way.
Achievement 8, Chandra x-ray Observatory, the High-energy Universe ('99- present) : In 1999, NASA launched the most sensitive X-ray telescope in the world. It can see­ things no one has ever seen before, such as the split second when space particles disappear into a black hole.
X-ray telescopes are different than light telescopes. Instead of relying on visible light to form an image, Chandra X-ray Observatory uses higher-energy particles, namely X-rays, to record images based on energy fluctuations. This allows for far greater sensitivity and clarity than Hubble, with Chandra focusing on the highest-energy portions of the universe. Add to that the fact that Chandra is orbiting the Earth at 200 times the altitude of Hubble and it's 25 times more sensitive than any other X-ray telescope, and we've got ourselves the most amazing astronomical sights we've ever seen [source: Harvard].
Chandra X-ray observatory has so far delivered clear images of supernova remnants, quasars, exploding stars and events like the disappearance of matter into black holes. It has shown us supermassive black holes, nebulae and dark matter. It has recorded light that has been in existence for 10 billion years. With this technological advancement, the possibilities are startling. Chandra will contribute to our understanding of the origins of our universe and of life itself.
Speaking of life itself, how about the kind that might exist on other planets? Next on our list of NASA successes is Pioneer 10, the first-ever interplanetary space flight. But that's not all Pioneer 10 accomplished.


Pioneer 10 spacecraft
John G. Mabanglo/AFP/Getty Images
An artist's rendition of the Pioneer 10 spacecraft as it passes the planet Jupiter.
Achievement 7, Pioneer 10, Flight to Jupiter(1972 - 1997) : Before 1972, no man-made objec­t had made it to an outer planet. No one had even tried ­it. Pioneer 10 changed all that with a mission that paved the way for some of the most daring goals of the space program.
Pioneer 10 left Kennedy Space Center in 1972, bound for Jupiter, the farthest planet from Earth. Since there is a known asteroid belt between Earth and Jupiter, astronomers had long believed it to be impassable. This asteroid belt was blocking the path to the universe beyond the outer planets. Pioneer 10 made it through the asteroid belt.
The probe travelled onboard the Atlas launch vehicle, equipped with more than 400,000 pounds of thrust. When it made it to Jupiter, it delivered the first-ever direct observations of an outer planet. And then it moved on. Pioneer 10 travelled farther in space than any other man-made object when it left our solar system and entered interstellar space in 1983. When it sent its last transmission in 2003, it was 7.6 billion miles (12.2 billion km) from Earth [source: NASA].
Another spacecraft, launched two years before Pioneer 10, also achieved the seemingly impossible. This time, it wasn't the successful navigation of an impenetrable asteroid belt; it was the recovery of a crew that by all logical reasoning should have been forever lost in space.

The Apollo 13 astronauts received a ticker-tape welcome upon their safe return.
Chet/Central Press/Getty Images
The Apollo 13 astronauts received a ticker-tape welcome upon their safe return.
Achievement 6, Apollo 13, Brilliance at Mission Control (1970) : Apollo 13 was headed for the moon. On April 11, 1970, the spacecraft lifted off. Fifty-five hours and 55 minutes later, an explosion shut down almost every system necessary to sustain life onboard.
The string of events leading to the explosion began with one of the engines shutting down two minutes early on liftoff. The string of events set off by the explosion set into motion one of the most amazing collaborative rescues in history. So many things went wrong on Apollo 13, it's an engineering miracle that the crew -- astronauts James Lovell, John Swigert and Fred Hayes -- made it home at all, let alone alive and well.
Minutes after the crew completed a television broadcast from space, telling America everything was going well, an explosion shook the spacecraft. It was one of the two oxygen tanks, and one disaster led to another. When the first tank blew up, the force caused to second oxygen tank to malfunction. Immediately after, two of the craft's three fuel cells shut down. Apollo 13 was venting oxygen into space, and all of their life support and navigation systems -- oxygen, power, water, heat and light -- were offline.
The ingenuity that followed is a testament to the genius of the human mind and spirit. To conserve whatever power, food, water and oxygen was left, the astronauts onboard Apollo 13 survived on almost no food, water and sleep and in temperatures that dropped to near freezing. The crew members lost a combined 31.5 pounds (14.3 kg) in less than six days, due almost entirely to dehydration.
Meanwhile, the people on duty at NASA's Mission Control center from April 11 through April 17 found a way to get the men home. They did months of calculation in days. They found a way to get the lunar module to support the crew and get the spacecraft back to Earth, although it was never intended for that purpose. The canisters that removed carbon dioxide from the command module didn't fit the system in the lunar module. So Mission Control found a way for the astronauts to make them fit using tools they had onboard: cardboard, plastic bags and tape.
Still, with no controls, no extended life support and no navigation system, the biggest problem of all was how to get the craft into a trajectory for an Earth landing. Apollo 13 had already made the planned adjustments for a moon landing before the initial explosion.
Mission control developed a plan. The onboard navigation was based on finding a key star. That system was out. In three hours, NASA found a way to use the sun instead, a series of calculations that would normally take three months; and they found a way to use the moon's pull to get the craft into the right position, because they had to save all of the power for the trip home.
The calculations based on the sun turned out to be accurate to within less than 1 degree. Apollo 13 rounded the moon and descended toward Earth. So much condensation had built up on the walls of the lunar module from the days of cold that when the spacecraft finally powered up -- and heated up -- for the trip home, it rained inside the cabin [source: NASA]. Apollo 13 landed successfully on April 17 in the Pacific Ocean.
While all of the astronauts were fine, the spacecraft, of course, was not. But that was typical for the time. NASA didn't have a working reusable a spacecraft until 1981, when the first space shuttle, named Columbia, made history.

The Space Shuttle Columbia
Hank Morgan/Time and Life Pictures/Getty Images
The Space Shuttle Columbia lifted off from Cape Kennedy in 1981.
Achievement 5, the Space Shuttle, a Reusable Spacecraft (1972-present) : In 1972, the Apollo program was winding down, and NASA was doing some technological soul-searching. The Apollo rockets were sin­gle-use spacecraft. The cost per mission was astronomical. A reusable spacecraft wouldn't only save money, but it would also be an amazing technological advance.­
After President Nixon announced the plan to build a reusable spacecraft that would run multiple, perhaps indefinite numbers of missions, NASA developed the basic design: two solid rocket boosters attached to an orbiter module and an external fuel tank.
There were considerable hurdles facing the project. Since the equipment that protected previous spacecraft from Earth's searing atmosphere essentially disintegrated during re-entry, NASA needed an entirely new heat-shield concept. It came up with a method of coating the craft with ceramic tiles that would absorb the heat without degrading. The other major redesign had to do with the landing itself. T­he old spacecraft basically plummeted through the atmosphere and splashed down in the ocean. It's tough to reuse equipment after a water landing. The new spacecraft would land more like a glider, on an actual landing strip.
It took nine years from the start of the project to the first flight. In 1981, the Space Shuttle Columbia lifted off, and it was a successful mission. NASA had succeeded in creating a reusable spacecraft, and the fruits of its labor are still in use today.
­Many of the shuttle's missions include a stay at the International Space Station (ISS), an amazing creation that at last marked a significant collaboration between the United States and Russia to advance space exploration. The ISS has surpassed all expectations and is now a true space destination, massive in size and technological capabilities. And it's not just for astronauts anymore

The International Space Station.
NASA/Newsmakers/Getty Images
The Expedition One crew hosts a group of visitors in the International Space Station.
Achievement 4, International Space Station, Living in Space (1998 - Present) : Missi­ons to space lasting several weeks can­ a­chieve some amazing results. We can reach the moon, service satellites and telescopes and test all sorts of equipment. But here's the thing: Exploring other planets, or what's beyond our solar system, is going to require serious time -- months, even years. The human body isn't designed to live in space. So getting us to the point of exploring farther than ever before requires long-term tests on the effects of space life on the human body. That's where a permanent space station comes in.
The International Space Station isn't the first space station, but it's by far the most impressive. Russia launched Salyut 1 in 1971, which orbited Earth for less than a year due to a series of equipment failures. The United States sent up Skylab in 1973, which failed as well, lasting less than two years. Russia launched its second station in 1986. That was Mir, and it was in operation until 2001, when it was purposefully decommissioned. Mir measured 107 feet (33 meters) long and 90 feet (27 meters) wide and weighed more than 100 tons, and it hosted astronauts almost continuously throughout its time in space [source: NASA]. But it was nowhere near the ISS in accommodations. The ISS is an orbiting, top-of-the-line laboratory. When it's done in 2010, the ISS will measure 356 feet (108.5 meters) long and 238.8 feet (72.8 meters) wide and weigh 450 tons [source: JAXA].
It's a feat of engineering unmatched by any other permanent home in space. The first two modules of the station arrived in orbit in 1998, where they were attached to form the initial structure. In 2000, the first crew arrived to stay awhile. Since then, the U.S., Russia and 13 other countries have sent additional modules, equipment and crews to the ISS, and it's now manned continuously. Several astronauts have spent hundreds of days onboard.

­During the last eight years, occupants of the station have studied human bone loss during extended time in microgravity, radiation levels in space and how to protect against them, different techniques for doing in-space soldering to repair equipment, and countless other experiments, repairs, space walks and robotics innovations. They've also studied the effects of space on several "space tourists" who pay tens of millions of dollars to experience life in orbit.
Everything we're learning is getting us closer to a manned mission to Mars. Without the ISS, we'd be stuck close to home, unsure whether astronauts could survive a trip to the outer limits, let alone function well enough after months in space to perform tests within the harsh environment of Mars. And speaking of Mars...

The Sojourner Rover, a component of the Mars Pathfinder.
Space Frontiers/Hulton Archive/Getty Images
The Sojourner Rover, a component of the Mars Pathfinder exploratory mission, analyzes the Yogi Rock on the red planet's surface.
Achievement 3, Mars Pathfinder, Robot on the Red Planet('96-97) : The Mars Pathfinder mission was supposed to prove the viability of unmanned exploration of the red planet. Comprised of a lander module and a rover module, the objective was to make it through Mars' atmosphere, land safely on the surface, a­nd set free a robot to roam the planet. All this would be accomplished in an efficient and cost-effective way. The rest -- and there was quite a bit more -- was gravy.

Pathfinder left Earth in December 1996, traveled the 309 million miles to Mars, and landed in July 1997 [source: Space Today]. No previous spacecraft had landed on a planet without first orbiting it. The landing gear consisted of a parachute and a series of airbags; the module landed on a bed of rocks unharmed, and the rover took off. The mission was a success. Not only did Mars Pathfinder return a total of 2.3 billion bits of data back to NASA (more than 17,000 photos among that mass of information), but it outlived its projected life [source: NASA]. The lander was supposed to remain in working order, recording data and images, for about three months; it kept sending information for a year. The rover had a projected lifespan of several days. It ended up roaming Mars for a month [sources: Space Today, NASA].
Among other things, the Mars Pathfinder taught us that Mars was probably once warm, wet, and far more friendly, in human-survival terms, than it is now.
Mars Pathfinder taught us that Mars exploration is possible. Someday, NASA may even get a human there. But without the next achievement on our list, astronauts wouldn't be going anywhere at all.

Astronaut Alan B. Shepard.
Time Life Pictures/NASA/Time Life Pictures/Getty Images
Astronaut Alan B. Shepard aboard the Mercury 3 space capsule on the Freedom 7 mission.
Achievement 2, Freedom 7, the First American in Space (1961) : The first American astronaut to orbit the Earth was named Alan Shepard, and he left Earth on May 5, 1961. He wasn't the first human in s­pace -- a Soviet astronaut named Yuri Gagarin has that distinction. But Shepard was NASA's entry into the annals of human space flight.
It was a nervous day for NASA. The countdown, divided for the first time into two parts so Shepard didn't have to spend an entire day on the launch pad, took more than 24 hours. NASA halted it several times for minor equipment checks, and finally it was T-15 minutes to liftoff. Shepard was onboard, the pilots of the launch vehicle were ready, and all systems were go. Then the clouds moved in.
The weather wasn't a problem for the launch. But it was a problem for the photographer covering the biggest NASA event to date. So NASA postponed the launch until the clouds cleared. During that hold, one of the orbiter's power inverters showed signs of trouble, and engineers fixed the problem in 86 minutes. At T-15, NASA decided to double-check a piece of navigation equipment.
The rest of the countdown went uninterrupted, and the launch, at 9:34 AM, about 25 hours after the start of the countdown, went off without a hitch. Shepard reached Earth orbit at an altitude of 116.5 miles (187.5 km). He spent 15 minutes and 28 seconds up there, travelling 303 miles around the Earth at 5,134 miles per hour (8,262 kph) [source: NASA]. When he splashed down in the Atlantic Ocean, he had completed a perfect mission and led the way for every NASA manned mission to come.
The manned mission that put NASA in the record books came eight years later. It was so monumental that conspiracy theorists question its validity to this day


Man walks on the moon.
Time Life Pictures/NASA/Time Life Pictures/Getty Images
Astronaut Edwin E. Aldrin, lunar module pilot, walks near the module during Apollo 11's extravehicular activity.
Achievement 1, Apollo 11, a Walk on the Moon(1969) : Just 20 days after Alan Shepard orbited the Earth, Pres­ident Kennedy announced the mission that would be NASA's greatest achievement: America was going to the moon. NASA immediately initiated the Apollo program.
It took eight years from that announcement to get there. Apollo 1 in 1967 was a disaster -- all three astronauts onboard died in a fire on the launch pad. Over the next two years, NASA ran nine more missions, testing various aspects of the operation. The work moved quickly: When equipment delays came up, NASA just switched to other equipment.
But Apollo 11 was the first mission to actually land men on the moon. When astronaut Neil Armstrong set foot on its surface on July 20, 1969, and spoke the words "One small step for man, one giant leap for mankind," the entire world was watching. The landing was such a big event, there are those who believe it couldn't have happened -- that the whole thing was staged.
Granted, it was an event of Hollywood proportions -- it was both scripted and choreographed. But that's because the lunar landing was NASA's moment in the spotlight, a first for the record books and an almost inconceivable achievement in the space age.
There were five more Apollo missions to the moon. The moon landing was such an important accomplishment, President George W. Bush announced in 2004 that America would set about going back, 35 years after the initial landing.
For more information on NASA, space and related topics, explore the links on the next page.

-Arvind

Wednesday, 10 March 2010

Thursday, 4 March 2010

Rin and Tide!

Hmmm if you would have seen the rin and tide video, Yes everyone knows that each and everyone is a competitor. Even Surf Excel is a competitor and Rin and tide? But why Rin has specifically selected Tide? Any vengence? Even some of the advertising before had too happened. It is between Complan and Horlicks. If they really have a war between them go to court and solve your issue. What is the reason that you are doing it publicly? These are the insults to the person who are using Tide that it does nothing but the high cost of price.

Is it healthy to throw mud at the competitor to state your point and increase the sales? Does these advertisements really affect the buying pattern of the public?

Arvind

Friday, 12 February 2010

Apple iPad Tablet Features And Specifications


Apple has officially announced its new magical, revolutionary device for surfing the web, reading and sending email, viewing photos, watching movies or videos, listening to music, playing games, reading e-books and so forth. It is able to run virtually all of the 140,000 apps from the App Store – from games to productivity apps and much more, featuring 12 next-generation, innovative multi-touch applications work in both portrait and landscape. The iPad is available in 2 versions – Wi-Fi and Wi-Fi + 3G models.


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Unique Features And Specifications Of Apple iPad:


1. Large 9.7-inch LED-backlit wide Multi-Touch screen with IPS and fingerprint-resistant oleophobic coating


2. Extremely powerful, power efficient 1GHz Apple A4 system-on-a-chip


3. Customizable Home Screen provides users one-tap access to everything on iPad


4. Spotlight Search allows users to search across Apple iPad, and its built-in apps including Mail, Contacts, Calendar, iPod and Notes


5. Safari web browser lets users navigate through the Internet easily.


6. Bluetooth 2.1 + EDR technology and Wi-Fi (802.11 a/b/g/n) connectivity


7. Based on latest iPhone OS 3.2


8. 30-pin dock connector lets users connect to new iPad accessories such as Camera Connection Kit or Keyboard Dock


9. Support variety of languages including English, French, German, Japanese, Dutch, Italian, Spanish, Simplified Chinese and Russian


10. Integrated speaker, microphone, accelerometer, ambient light sensor and digital compass


11. A-GPS (Wi-Fi + 3G model) or cellular (Wi-Fi + 3G model)


12. Available in 3 variants of flash memory capacities – 16GB, 32GB and 64GB


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Battery and power


Built-in 25-watt-hour rechargeable lithium-polymer battery


Up to 10 hours of surfing the web on Wi-Fi, watching video, or listening to music

Charging via power adapter or USB to computer system


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Processor
1GHz Apple A4 custom-designed, high-performance, low-power system-on-a-chip


Noise Pollution




Noise from Road Traffic:
The noise pollution is always a annoyance or a nuisance now a days. Yup wherever you go the noise is always there.
In the city, the main sources of traffic noise are the motors and exhaust system of autos, smaller trucks, motorcycles, and buses. This type of noise can be augmented by narrow streets and tall buildings, which produce canyon in which the traffic noise reverberates.

Noise from Air Craft:
As the nation seeks to improve its nap-of-the-earth aircraft operations over National parks, wilderness areas and other areas has claimed national attention over recent years.

Noise from Railways:
While the railroads are carrying a heavy loads they produce high frequency, high level screech around 120 decibels at a distance of 100 feet, which will transfers the sound around to 138db or 140db railroad workers' ear.

Noise from Construction:

A noise from this construction field might be from the pneumatic hammers, air compressorts, bulldozers, loaders, dump trucks, and pavement breakers.

Noise from Building:
The repairs to the existing house or the modification of the house might harm the neighborhood. Examples for that are plumbing, boilers, generators, air conditioners, fans and etc. While using the insulated walls when not properly constructed might even harm. When the windows are open the outdoor noise like traffic etc might arise.

Noise from Inside house:
The house hold equipment like Grinders, vacuum cleaners, etc are the continuous noise makers which we used to get to that daily. These noise's contribution are not very large when compared on a day!

Ways to reduce the noise pollution.

  • Do not use car horns unnecessarily. Areas like hospitals and campuses are silence zones and honking is prohibited there.
  • Avoid loud music, which hurts your ears and others' ears.
  • Firecrackers are extremely loud. So don't try and burn them unnecessarily.
  • Motors, machines and vehicles also produce loud noises when not maintained properly. Proper maintenance should be carried out for better performance.
  • If you are working in an area where there are loud noises, you must wear earplugs to prevent loss of hearing.
  • When going to theme parks and such, avoid riding on the rides which produce a lot of noise. One example is the ATV, which is like a huge motorbike.

If you have any more ideas to reduce the noise pollution do post it.

-Arvind

Friday, 5 February 2010

Advertisement campaign going on better in Mobiles too!




Hmmm.. yeah in most of the companies they always lack in marketing but this Vijay TV is doing an awesome job. In my opinion, that too especially in TV serials. If you take any serials the advertising is done very nicely and very attractively. What to say about them.. hmmm no words. If you closely watch all the serials in Vijay TV the are attracting/pulling audiences to watch it. If you take some other channels they aren't like that. In case of Vijay TV once Star group has acquired this channel they have improved a lot and much better when compared to other channels. Even more Sun TV has started copying from Vijay TV. That too that Kuttram Nadandhadhu enna, Vijay tv is doing it great and the Sun tv doing the same as Nijam very worse. Compairing in Vijay tv is always good and in Sun TV and Kalaigner Tv come on they have to improve a lot on that part. Whatever Vijay Tv does the same thing the Sun and Kaiaigner tv do the same. Ashamed of them. They don't even know whats the meaning for innovation I think. Now a days the serial called Thirumathi Selvam is becoming famous in Sun Tv. Even I watch that serial. Their advertising campaign goes on a contract with Vodafone and that too they are killing us by sending messages to mobile, they sending it as "are you a lover of that serial hmmm click on the number to know whats gonna happen today and all" What a crappy thing if they do on a mobile too. BTW, Vijay tv don't do the same.

Advertising on mobiles should be banned for Tv serials. It should be done only on Tvs what say you people?

-Arvind