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The prototype cycle combining an electric drive and muscle power along with tech used on Audi cars was showcased at the Worthersee Tour in Austria.

Audi e-bike is an extremely emotion-inspiring sports machine.The prototype cycle combines an electric drive and muscle power. Head of Design Wolfgang Egger comments: “As a high-performance e-bike for sports and trick cycling, it features the Audi core competences of design, ultra, e-tron and connect.” The Audi e-bike Wörthersee puts in its first major appearance at this year’s Wörthersee Tour, the 31st meet for Audi, VW, Seat and Skoda fans; trial biker Julien Dupont and downhill specialist Petra Bernhard will demonstrate their stunts and streetbike skills. 

The uncompromising dynamism of the bike prototype is fully visible at first sight. “When developing the Audi e-bike Wörthersee we drew on motor racing design principles for inspiration,” explains Hendrik Schaefers, one of the designers at Concept Design Studio Munich. “The e-bike appears incredibly precise, highly emotional and strictly functional. Indeed, the design effort focused on its function as a sports machine. All design elements are thus firmly aligned to the technical features.”

The frame and the swinging arm that holds the back wheel are made of carbon fiber- reinforced polymer (CFRP). The same material is used for the 26” wheels, which feature an innovative “Audi ultra blade” design with broad flat spokes for an optimized transmission of pedal power. “We were able to demonstrate with the choice of materials just how closely design goes hand in hand with expertise in ultra lightweight construction,” Hendrik Schaefers comments.

  Homogeneous LED light strips round out the frame and create the immediately recognizable Audi light signature. For extreme tricks and stunts the seat can be lowered to run flush with the frame itself. At the press of a button, the seat then rises up and the biker can adopt a comfortable position.
Vitamin D doesn't prevent heart attack or cancer

Among seniors with a high risk of bone fractures, taking vitamin D or calcium pills has no impact on their chances of dying from cancer or vascular disease, researchers say in a new study.

Vitamin D is considered beneficial for bone health, and earlier studies have found that having low vitamin D levels in the blood is tied to a greater chance of dying from heart problems (see Reuters Health reports of November 25, 2011 and June 24, 2011).

The thinking, therefore, has been that taking extra vitamin D might cut that risk.


"There's a lot of interest in vitamin D preventing heart disease and cancer, but the evidence from randomized trials is weak," said Dr. Alison Avenell, the lead author of the study and a researcher at the University of Aberdeen in England.

In the latest study, published in the Journal of Clinical Endocrinology and Metabolism, the researchers tracked the health of nearly 5,300 people over age 70 who had had a bone fracture.

The participants were randomly divided into four groups: one took 800 IU (International Units) of vitamin D daily, the second group took 1000 milligrams of calcium each day, a third group took both supplements, and a fourth group took fake pills that looked like the supplements.

People in the study took the pills for two to five years, and were followed for up to three years afterward.

Among people who took vitamin D, 32 out of every 100 died during the study, while 33 out of every 100 people who did not get the supplement died. That small difference could easily have been due to chance, the researchers found.

There were no differences in deaths from cancer or heart disease either. Calcium also proved unhelpful.

A recent analysis of 50 studies on vitamin D and heart health found no impact from taking the vitamin.

Still, Avenell said her study doesn't provide the final answer on whether vitamin D can help stop heart disease or cancer.

"People often stopped taking their tablets, so we might not have had enough people taking tablets to find effects," Avenell wrote in an email to Reuters Health. "The dose of vitamin D might not have been high enough."

Peggy Cawthon, a researcher with the California Pacific Medical Center Research Institute who was not involved in the new work, said people should be cautious regarding information on vitamin D's alleged heart and cancer benefits.

"A supplement or vitamin might not have the magic bullet to prevent the next disease," Cawthon told Reuters Health. "We've had a lot of examples, and vitamin D is just the latest showing it has no effect on these health issues."

Vitamin D is formed in the skin when it is exposed to sunlight. Though higher levels of the molecule are linked to better heart health, it could be that the vitamin D is only a sign of general health, and not something that actually improves the heart's function.

"My thought is that people who are healthier get out more and would produce more vitamin D," speculated Cawthon.

Avenell said she is looking forward to two other studies in the Unites States and the UK that will help confirm whether vitamin D has benefits beyond boosting bone strength
BANGALORE: Tablet sales in India are expected to cross 1.6 million units this year, a growth of 40% over last year and way above the 16% growth registered by personal computers.

According to the apex body for information technology hardware Manufacturers Association of IT, tablets are emerging as the preferred device for entertainment and content consumption.

As per MAIT, the average price for a tablet sold in India is about Rs 24,000 and Apple's iOS, Google's Android, Blackberry lead the way in platforms.

MAIT estimates that tablet market will grow to 7.3 million units by 2015-16.

"The tablet market is the new blue-eyed growth opportunity in India. With the introduction of several national and international brands of tablets in India, the market is witnessing a revolution of sorts," said MAIT President Alok Bharadwaj.

According to a recent study by CMR India Research, Micromax's Funbook led the Indian tablet market last quarter with an 18% market share, followed by Samsung's Galaxy Tab at 13% and Apple's iPad at 12%.

In contrast to tablets, desktop sales grew only 11% and notebook sales grew 26% in last 12 months.

In another development, MAIT announced that HCL Infosystems Chief Operating Officer JV Ramamurthy will take over as the new president. Amar Babu, managing director of Lenevo, will take over as vice president.
TCS has reported more than just good quarterly results on Friday, delivering a tad higher operating margin than Infosys to become the most profitable company among the top-tier Indian IT firms and breaking the hegemony of Infosys.

Though it may not be prudent to conclude on the basis of the numbers of a single quarter whether TCS will be able to retain its lead over Infosys, the results may stoke some concern among investors who have long adored Infosys for its claim of better revenue quality.

Even as the profitability for the remainder of the fiscal will depend on the currency movement, among other factors, TCS expects to clock 27% margin for 2012-13. Infosys, on the other hand, has guided for a 200 basis-point contraction in its operating profitability for the current fiscal, after reporting an over 29% margin in 2011-12.

TCS has reported 26.8% operating margin for the quarter to September, 50 basis points higher than that of Infosys. This is the first time that the company has clocked such a higher profitability than Infosys. Moreover, the contraction of 166 basis points in Infosys' margin on a sequential basis was way higher than the drop of 80 basis points in TCS' profitability.

What should also cause concern is the sustained difference over the past few quarters in the outlook between that of Infosys and its peers TCS and HCL Tech. While the latter two players have reiterated that they will surpass the industry body Nasscom's average revenue growth of 11-14% for the current fiscal, Infosys expects growth to be at least 5% for the year.

Infosys is expected to revise its estimates for the entire fiscal marginally upwards in the December quarter after it starts the integration of the newly-acquired business of Lodestone. Based on the performance and management commentaries on the demand scenario, TCS and HCL Technologies appear to be better placed to tackle the headwinds of delay in decision-making and slowing expenditure on projects.

In terms of client additions in the July-September quarter, TCS fared better than its peers, clocking 41 new clients, higher than 29 in the June quarter. In contrast, Infosys' client addition slowed down to 39, the lowest in past five quarters.
The pecking order of preference among the top-tier IT companies indicated by investors and industry analysts over the past 12-18 months, clearly segregates the best performers from the others.
So, TCS, HCL Technologies (HCLT) and Cognizant Technology Solutions are preferred over Infosys and Wipro.
Lower volumes growth, reduced pace of expansion in key verticals, client-specific issues and lackadaisical pace of large-customer additions are some important reasons for segregation in performance. The markets too seem to favour players that deliver revenue growth ahead of margins, irrespective of whether a company is sitting on cash piles or enjoys superior margins.
Valuations of even global players such as Accenture and others such as Cognizant which were at a discount to Infosys and Wipro have now gone into the premium zone.

EXPLAINING THE GAP

The underperformance of the past 12-18 months has been pronounced over the past couple of quarters.
TCS and HCLT managed volumes (person months or man hours billed) growth of 2.5-5.3 per cent over the past three-four quarters, while Infosys and Wipro managed just 0.8-2.7 per cent.
Key verticals such as BFSI, manufacturing and even the troubled telecom segment, all grew at the same or faster than the overall company revenue rate of the likes of TCS and HCLT. Thus, the revenue expansion for these two companies has been healthy. Higher volumes and broad-based growth indicate that these companies have been able to tap IT spends of clients much better than the others.
For Infosys and Wipro, however, the growth has been narrower. Both these companies completed organisational restructuring nearly a year back, but are yet to see that translate to sound traction on the ground. They had also rigidly held on to pricing levels, while TCS and HCLT were comfortable taking marginal (around one per cent) cuts in realisation. But Infosys has taken a huge price cut of 3.7 per cent in realisations in June quarter. It remains to be seen if the discount would ensure higher volumes for Infosys in the coming quarter.
The US-listed Cognizant too has consistently been able to meet or exceed market expectations and is snapping on the heels of Wipro and even Infosys to become the third or second largest software exporter with an Indian legacy.

VALUATION SHIFT

On a trailing 12 months basis, revenues of Cognizant, TCS, HCLT and even Accenture have grown at 14-29 per cent, while Infosys and Wipro have lagged behind at 9-12 per cent in dollar terms. To put things in perspective, Accenture (around $29 billion) is nearly four times the size of Infosys in terms of revenues.
The price-earnings (PE) multiples accorded by the markets clearly suggests the favourites. HCL, which traded at a significant discount to Infosys and Wipro, now commands a stiff premium over them. Now, HCLT and TCS trade at 18-19 times the historic earnings (Source: Bloomberg), while Infosys’ valuation multiple is at just 13 times.
That is not all. Accenture, which traded at a discount to many Indian IT vendors, now trades at nearly 15 times the trailing earnings. Cognizant’s PE is higher at 19 times. Clearly, the markets seem to prefer revenue visibility and growth over margins or cash piles.

BEATING NASSCOM ESTIMATES

TCS, HCLT and Cognizant have clearly outpaced Infosys and Wipro by delivering broad-based growth across segments and geographies. These three players look set to match, if not better, trade body Nasscom’s projected growth rate of 11-14 per cent for the industry in the current fiscal. In fact, even mid-tier IT companies that are expected to grow at a pace faster than their large-sized peers, have not been able to match the likes of TCS, HCLT and Cognizant, which have clearly shown the way.
Even to meet the lower end of the estimate, Infosys and Wipro will have to manage sequential revenue growth of over 4 per cent in each of the next three quarters, which could be quite challenging. Infosys has reduced its revenue guidance in the recent quarter to reflect a more realistic target of 5 per cent.



Salt-to-software conglomerate Tatas have become the country’s first business house to attain $100 billion revenue, even as the group’s profit slipped to near $five billion in the last fiscal year.
The total revenue of the Tata group, which has over 100 companies including 31 listed entities, rose by about 20 percent in the last fiscal 2011-12 to $100.09 billion, from $83.3 billion in the previous year.
The last fiscal also saw the group’s total headcount rise by nearly 32,000 persons to nearly 4.56 lakh. At the same time, the group’s profit after tax slipped by 9.4 percent to $5.23 billion during the year, as per the latest financial details available with the group.
In rupee terms, the fall in profit was lower at 4.5 percent, while revenue growth was higher at 25.3 percent. The group’s total revenue rose to Rs 4,75,721 crore, while profit after tax fell to Rs 25,112 crore in 2011-12. The total assets rose by 27.5 percent to Rs 3,73,026 crore.
The group’s international revenue at $58.5 billion accounted for more than half of the total worldwide turnover and rose by 21 percent from the year-ago levels.
The international operations and overseas acquisitions have played a significant role in the group’s revenue growth in recent years. The group turnover had crossed Rs one lakh crore mark in 2006-07, while it stood at little below Rs 50,000 crore level in 2001-02.
Tatas also recorded net forex earnings of $1.6 billion, up by over 51 percent from $1.05 billion in 2010-11. The group is present in more than 80 nations and markets across Asia, Africa, America, Europe and Australia.
Tatas have made a number of high-profile takeovers abroad, including high-profile acquisitions like Jaguar and Land Rover in 2008 and Corus Steel in 2007, and made an offer last week to acquire US-listed Orient Express, which runs an iconic chain of hotels and luxury trains.
Among its key businesses, the group is present in information technology, steel, automobile, power, hospitality, telecom, chemicals, consumer goods, retail, engineering and chemicals sectors. Out of its total headcount of 4,55,947 persons, communications and information systems accounted for about 55 percent, followed by about 18 percent each in materials and engineering sectors.

Bees at a cluster of apiaries in northeastern France have been producing honey in mysterious shades of blue and green, alarming their keepers who now believe residue from containers of M&M's candy processed at a nearby biogas plant is the cause.

Beekeepers in France were confused after their bees produced honey in mysterious shades of blue and green.

But now the mystery has been solved as its now believed residue from containers of M&M's candy processed at a nearby biogas plant n northeastern France is the cause.

Since August, beekeepers around the town of Ribeauville in the region of Alsace have seen bees returning to their hives carrying unidentified colourful substances that have turned their honey unnatural shades.

Determined to solve the mystery the beekeepers embarked on an investigation and discovered that a biogas plant 4 km (2.5 miles) away has been processing waste from a Mars plant producing M&M's, bite-sized candies in bright red, blue, green, yellow and brown shells.

The unsellable honey is a new headache for around a dozen affected beekeepers already dealing with high bee mortality rates and dwindling honey supplies following a harsh winter, said Alain Frieh, president of the apiculturists' union.

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