Designed to run on normal unleaded gasoline, the Transition would boast of a cruising speed in the air of around 185 kph at a flying range of 740 km. You can drive it along the highways with its wings folded. You can also make it fly as it has been designed as an environmentally friendly plane too. Fuel consumption is said to be around 7.85 liters per 100 km Transition will come features that all regular road vehicles have – air bags and all that is.
While cruising along highways, the wings remain folded and would rely on a conventional front-wheel drive. You ill also be able to park it any regular sized parking lot comfortably.

If you are looking at flying, you can do it via an airport, airstrip, or suitable flat land. The Transition will be ready for flight when the wings are spread out and the rear-facing propeller is engaged to enable the vehicle for take off. All it needs is a runway of just over 500 meters, said a physorg.com report.

The Transition had been made to wait for Federal approval as there were concerns about its weight. The 600 kg had been feared as over the limit for a light sport aircraft. However, the latest is that the Transition has received special exemption and it will now be able to fly without any legal hassles binding it. According to the report, the extra 50 kg allows the vehicle to include safety equipment needed to meet federal motor vehicle standards in addition to aviation standards.

Expected to cost $194,000, Terrafugia is likely to roll out Transition by end of 2011. Significant is the fact that Terrafugia has already bagged 70 orders for the vehicle. Designed by a team of engineers trained at the Massachusetts Institute of Technology, the Transition could be seen as a modern day wonder.

(Images: Terrafugia)

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The LG GS290 comes with a 3-inch LCD touchscreen display that boasts of 240×400 pixel resolution. A 2 megapixel camera, built in Oxford dictionary and 28MB of internal memory that can be expanded up to 16GB are part of the prominent features. It also sports a one touch access to social networking sites with Facebook interface. The LG GS290 supports MPEG 4 videos and video editing, while multimedia features include FM tuner with recorder, 3.5 mm earphone jack and an MP3 audio playback.
LG has incorporated a battery that promises 5 hours of talktime and up to 390 hours of standby time.
Meanwhile, the LG Cookie Plus GS500v has a 3-inch LCD touchscreen display. A 3 megapixel camera, one touch social networking capabilities, editable screen shot, MMS and a 3-way user interface are the notable features. The device supports 3G connectivity and Facebook auto update. On the storage front, it has 30MB of internal memory that can be expanded upto 8GB.

On this occasion, the trustees of the Infy Employee Welfare Trust have informed the company that they have decided to distribute the corpus of the trust held in the form of equity shares to the employees of Infosys Technologies and its subsidiaries.
The trustees of the Infy Employee Welfare Trust have also informed the company that all employees of Infosys and its subsidiaries who are on the rolls of the company as of March 31, 2010 and who are not under the notice period and continue to be in the rolls of the company on the distribution date – around second week of August 2010 – would be eligible for this distribution.
Employees who meet the above mentioned criteria will be eligible to a minimum allocation of five equity shares with an incremental allocation of one equity share for each completed year of service, an Infy press release said.

A 50 mm of extra wheelbase comes as a unique feature in the Vento that measures 4.38 meters in length, 1.7 m in width and 1.46 m in height.
VW will roll out the car in new designs that come in five colors such as Deep Black, Flash Red, Glacier Blue, Silver and Candy White. The pricing details are expected in the range of Rs 7 lakh-Rs.9 lakh.
The new VW Vento will be placed on the same platform as the Honda City, Hyundai Verna and Fiat Linea. Features include a height adjustable driver’s seat, power windows, engine immobilizer, Air bags, ABS and EBD.

This technology has been co-developed with chip maker Intel.
Running Intel Core i3 and Core i5 processors, the Portege has in its interiors up to 8GB of RAM. A built-in optical drive, a Hard Drive Impact Sensor are part of the features line up. The new notebook can run up to eight hours on a single battery charge.
The new light weight Portege R700 laptops are estimated to come for a price range of Rs 65,000 to Rs 75,000 depending on the system specifications, Toshiba has said.

Ameera Patel, Executive Director & CEO, Metropolis

As part of this deal, Indian private equity firm ICICI Ventures has completely divested its holding in the company, which it had acquired in 2006. The deal involves a primary and secondary component and also includes additional capital that will be available to Metropolis to pursue acquisitions.
In a fragmented market for medical diagnostic services in India, Metropolis has established itself as a national player of scale. Through a network of 45 state-of-the-art laboratories and over 350 collection centers across India, Metropolis processes over 12 million tests a year, serving over 10,000 laboratories, hospitals, and nursing homes and 50,000 doctors. The company has expanded through a combination of organic growth and partnerships. In addition to building a strong business in India, the company has successfully established its brand through 10 laboratories in Sri Lanka, South Africa and UAE. Metropolis will continue to seek attractive acquisition opportunities while expanding its delivery network and deepening its presence in current locations.
According to Ameera Patel, Executive Director & CEO, Metropolis, “Since our inception in 1981 as a Mumbai-based laboratory, Metropolis has been setting industry benchmarks time and again. Over the years, we have built India’s only multinational chain of diagnostic centers, and today the brand is well-respected amongst the healthcare and business fraternity. Our association with ICICI Ventures over the last few years has been rewarding and we are delighted to welcome Warburg Pincus as our future partner. We are confident that with their support we will achieve our vision of consolidating Metropolis as the foremost clinical diagnostics service provider across the emerging markets of South Asia, Africa and Middle East.”
Niten Malhan, Managing Director, Warburg Pincus India Private Limited said, “Warburg Pincus has a history of partnering with distinctive management teams to create durable businesses with sustainable value. Metropolis is a pioneer in the pathology industry in India and over a period of almost three decades, the company has grown to be the leader in the field of clinical diagnostics with a network of 55 state of the art laboratories across four countries. Led by a talented management team, Metropolis is well-positioned to leverage growth opportunities in the clinical diagnostics business.”
O3 Capital acted as the sole financial advisor to Metropolis for this transaction. Amarchand & Mangaldas & Suresh A Shroff acted as legal advisors to Warburg Pincus, Desai Diwanji acted as legal advisors to Metropolis and Ernst &Young conducted financial and accounting diligence for the transaction.

With the realization that the Indian music scene is growing in leaps and bounds, industry experts have forecast that the music business in India alone will be worth US$165 million by the year 2012. The digital music, in the meantime, is expected to account for 88 per cent of the music sales by 2011.
It is in this space that Muzik Lounge School of Audio Technology (MLSAT) has stepped in. The foray into Kerala may be seen as a significant step in sprucing up the music technology and audio engineering scene in Kerala. By partnering the Centre for Continuing Education Kerala, MLSAT looks forward to creating highly skilled music producers and sound engineers who can confidently enter the highly competitive world of music production and audio engineering.
Says Stephen Devassy, pianist, stage performer and composer at MLSAT, “The very idea of MLSAT stems from a deep desire to spot, inspire, train and develop the millions of hidden talents across the country. At MLSAT, every course is career-oriented as much as it is talent-centred. By the end of the course, students would have considered all aspects of music production and will be ready to focus on their specific field which would help them put their natural inherent strengths to the most effective use.”
MLSAT has as its brand ambassadors the cream of talent in the music industry, namely percussion legend Shri Sivamani, vocalist and musician Shri Hariharan and famed music director Shri M Jayachandran. The function which started off with the lighting of the lamp by Shri M.A. Baby, Hon. Minister for Education and Cultural Affairs, Govt of Kerala, saw the MoU being signed between the Centre for Continuing Education under the Government of Kerala and MLSAT, by Shri Mohan Abraham, Director, CCEK and Shri Stephen Devassy & Shri. Samuel Devassy, Directors, Muzik Lounge.
The event held at Mascot Hotel, Trivandrum, was presided over by Shri V. Sivankutty, Member of Legislative Assembly. Smt Sreelekha IPS, Shri Sivamani, Shri M Jayachandran and a host of celebrities from the film ad music arena in India offered felicitations. Shri Ranjith Menon, General Manager, Muzik Lounge, provided details on the courses to be offered at MLSAT. Admissions to the Muzik Lounge School of Audio Technology will start on July 1, 2010. Students can look for details on admission at www.muzikloungeindia.com or email for more details to contact@muzikloungeindia.com.

With the use of NFC, it would be possible to make a connection between two devices at a rate of faster than a tenth of a second.
NFC is akin to Bluetooth, but differs in the way that one need not manually configure to identify devices. It comes about as a short-range communication technology and NFC-enabled phones will be able to transmit data wherever NFC transmitters are placed, said reports. By deploying NFC on your smart phone you will be able to help locate things in a supermarket equipped with NFC transmitters or while travelling you can transfer data from counters containing NFC transmitters to get any kind of information about the place.
Nokia would be using the Single Wire Protocol (SWP) part from certain other security features like MicroSD while deploying this technology concept.

First launched in 2004, Afresh has received phenomenal feedback and users have long been expecting new flavours over the years. Inspired by the Indian palate, the Elaichi flavour is 100% vegetarian and like other Herbalife inner nutrition products, it is localized to suit local favour and created in accordance with Herbalife’s science based philosophy. Afresh is primarily an energy booster and can be consumed either hot or cold anytime of the day and comes in two other flavours, lemon and peach.
Ajay Khanna, Country Head, Herbalife India said, “Herbalife recently completed 10 successful years in India, indicating a growing demand for health products in the market and also resonating the current trend of leading an active, healthy life amongst a large number of Indians. We are constantly working in tandem with these trends to provide healthy meal options, fulfilling Herbalife’s vision of ‘Changing People’s Lives’ and contributing to a healthier world.”
The Afresh energy drink contains two essential ingredients, the exotic Guarana plant which is native to the Amazon forests, and Orange Pekoe. The presence of Guarana in the drink helps sharpen mental alertness, reduces fatigue and elevates energy levels. On the other hand, Orange Pekoe acts as an active thermogenic and antioxidant resulting in the increased levels of calorie burning and fat oxidation, in addition to lowering cholesterol and triglyceride levels.
Herbalife recently announced their completion of 10 successful years in India as well as their plans for expansion across India.

One significant element in the new design is the focus toward greater fuel efficiency. Features include an MP3 player, iPod connectivity and bright illumined blue-coloured panel.
The sedan will be offered in two different engine variants – 1.6L petrol and 1.5L CRDI. Hyundai will be positioning the car on a platform that has competitors such as Honda City, Ford Fiesta and Maruti Suzuki SX4 .