| Pos | No | Driver | Team | Laps | Time/Retired | Grid | Pts |
|---|---|---|---|---|---|---|---|
| 1 | 22 | Lewis Hamilton | McLaren-Mercedes | 58 | 1:34:50.616 | 1 | 10 |
| 2 | 3 | Nick Heidfeld | BMW | 58 | +5.4 secs | 5 | 8 |
| 3 | 7 | Nico Rosberg | Williams-Toyota | 58 | +8.1 secs | 7 | 6 |
| 4 | 5 | Fernando Alonso | Renault | 58 | +17.1 secs | 11 | 5 |
| 5 | 23 | Heikki Kovalainen | McLaren-Mercedes | 58 | +18.0 secs | 3 | 4 |
| 6 | 8 | Kazuki Nakajima | Williams-Toyota | 57 | +1 Lap | 13 | 3 |
| 7 | 14 | Sebastien Bourdais | STR-Ferrari | 55 | Engine | 17 | 2 |
| 8 | 1 | Kimi Räikkönen | Ferrari | 53 | Engine | 15 | 1 |
| Ret | 4 | Robert Kubica | BMW | 47 | Accident | 2 | |
| Ret | 12 | Timo Glock | Toyota | 43 | Accident | 18 | |
| Ret | 18 | Takuma Sato | Super Aguri-Honda | 32 | Transmission | 19 | |
| Ret | 6 | Nelsinho Piquet | Renault | 30 | Accident damage | 20 | |
| Ret | 2 | Felipe Massa | Ferrari | 29 | Engine | 4 | |
| Ret | 9 | David Coulthard | Red Bull-Renault | 25 | Accident | 8 | |
| Ret | 11 | Jarno Trulli | Toyota | 19 | Electrical | 6 | |
| Ret | 20 | Adrian Sutil | Force India-Ferrari | 8 | Hydraulics | 22 | |
| Ret | 10 | Mark Webber | Red Bull-Renault | 0 | Accident | 14 | |
| Ret | 16 | Jenson Button | Honda | 0 | Accident | 12 | |
| Ret | 19 | Anthony Davidson | Super Aguri-Honda | 0 | Accident | 21 | |
| Ret | 15 | Sebastian Vettel | STR-Ferrari | 0 | Accident | 9 | |
| Ret | 21 | Giancarlo Fisichella | Force India-Ferrari | 0 | Accident | 16 | |
| DSQ | 17 | Rubens Barrichello | Honda | 58 | +52.4 secs | 10 |
Wednesday, March 19, 2008
2008 FORMULA 1 - ING AUSTRALIAN GRAND PRIX
Fight for Championship - 2008
Lewis Hamilton is a serious contender for clinching the Championship this time, but he will be given a tough fight by last year Champion Kimi Räikkönen. Fernando Alonso, one of the best drivers on the circuit, with a formidable fighting spirit will try his best to claim a second Championship for Renault, though a lot will depend on the how his car behaves. Brazilian Felipe Massa, the second driver for Ferrari, though not seen as a contender for Championship should be giving tough time to all the three drivers mentioned above. One will surely see him picking up crucial points for Ferrari. The final result will depend mostly on how Ferrari behaves on the circuit. Though Kimi clinched the Championship for Ferrari last year, the car’s performance has been erratic. I don’t see
2008 FIA Formula One World Championship Race Calendar
Thursday, January 31, 2008
Cricket Fever - I
As I write this, Indian team is preparing to face Aussies in the first T-20 among the two cricketing giants on Australian soil. After all the limelight that Monkey or Ma-ki Symonds enjoyed and the bad name that the Aussies earned during the recent test series again India, this one will surely be a cracker. Aussies do have bitter memories of their last few T-20 matches against India and will like to settle the score. On the other side Indians will love to beat Aussies once again and gain the much needed moral booster before Sunday's opening CB Series match against Aussies at the Gabba.
The recent test series between India and Aussies showed the ugly face of Australian cricket and also proved that Cricket was no more a Gentleman's game. Aussies have been notoriously know for their on the field sledging, but this time even Australian media was helping their national side, with one Australian Daily publishing an article on religious diversity in Indian team stating the dominance of Brahmins among Indian team. Even the Australian Prime Minister issued a statement asking Ponting and his men to behave nicely with the men in blue.
It's good for the Indian team that racism charge against Bhajji were not proven and he was just fined 50 per cent of his match fees owing to abuse and insult charges. The respect Bhajji offered to the Indian Flag on the day of India's test win over Aussies was really heartening. Bhajji showed the kind of intensity that cricket draws these days. It's not just a clash of 22 players on the field but it's virtually a clash of two nations.
P.S. Thanks to Khitiz for this wonderful pic. Nice camera skills buddy...
Friday, January 25, 2008
Falling Stock Markets and Startups
Indian stock market and stock markets across fell sharply last week and earlier this week owing to fears of recession in the US. All the companies who are listed on the bourses plunged sharply. When the whole market is going thru a bad patch with valuations going low and certain stocks hitting their 52 week lows what actually happens to the startups, companies which have just come up. Are the budding entrepreneur able to defy falling markets ?
A lot actually depends on the kind of business they are in and then the source of funding. If the company is looking forward to raise money from the market by going public a falling market is surely going to affect their valuations. Apart from this Grey market premium, which investors look for before investing in an IPO, for such stocks will also go down. A recent example in this case is the Reliance Power IPO. Two weeks back Grey market premium for RelPow was seen at Rs. 400, which is currently at Rs. 200. But even in falling markets we see stocks which defy the trend and head north wards. What makes these stocks defy a market-wide phenomenon. Some of the points to look out for are :
1. Cash flow model : This projects how the company is currently handling its funds and gives a clear picture of profit or losses made by the company till date.
2. Projects in hand : The number of projects or contracts in hand can be used by people in judging the profits the company is going to make in future. Based on the current working or the way the current projects are being handled also gives a clue to how the company is going to perform in future.
3. Long term vision : What are the long term plans of the company? How is the company planning to grow?
The positives that come out as a result of falling markets are in terms of growing interest of VCs(Venture Capitalists) in startups. When the markets are buoyant VCs tend to invest their money in front line companies which are safe to invest in. But in falling markets VCs look out for options other than those front line stocks taking risks by investing into startups.
The key to sustained growth for startups in falling markets will be not to panic when there is a credit squeeze and stick to the long term plan.
A lot actually depends on the kind of business they are in and then the source of funding. If the company is looking forward to raise money from the market by going public a falling market is surely going to affect their valuations. Apart from this Grey market premium, which investors look for before investing in an IPO, for such stocks will also go down. A recent example in this case is the Reliance Power IPO. Two weeks back Grey market premium for RelPow was seen at Rs. 400, which is currently at Rs. 200. But even in falling markets we see stocks which defy the trend and head north wards. What makes these stocks defy a market-wide phenomenon. Some of the points to look out for are :
1. Cash flow model : This projects how the company is currently handling its funds and gives a clear picture of profit or losses made by the company till date.
2. Projects in hand : The number of projects or contracts in hand can be used by people in judging the profits the company is going to make in future. Based on the current working or the way the current projects are being handled also gives a clue to how the company is going to perform in future.
3. Long term vision : What are the long term plans of the company? How is the company planning to grow?
The positives that come out as a result of falling markets are in terms of growing interest of VCs(Venture Capitalists) in startups. When the markets are buoyant VCs tend to invest their money in front line companies which are safe to invest in. But in falling markets VCs look out for options other than those front line stocks taking risks by investing into startups.
The key to sustained growth for startups in falling markets will be not to panic when there is a credit squeeze and stick to the long term plan.
BULLS go wild !!!
A wonderful day at BSE & NSE saw the return of the BULLS.
My last post had a few recommendations. Let us see how good they were :
TCS : 881.55 +38.85 (+4.61%)
ABB : 1,255.75 +84.60 (+7.22%)
L&T : 3,890.40 +352.05 (+9.95%)
RIL : 2,609.55 +119.00 (+4.78%)
GMR Infra : 194.40 +31.50 (+19.34%)
Unitech : 439.00 +66.30 (+17.79%)
Punj Lloyd : 450.95 +32.05 (+7.65%)
Orbit : 754.85 +77.25 (+11.4%)
RPL : 173.00 +11.70 (+7.25%)
RNRL : 144.35 +12.80 (+9.73%)
Howzz that !!!
My last post had a few recommendations. Let us see how good they were :
TCS : 881.55 +38.85 (+4.61%)
ABB : 1,255.75 +84.60 (+7.22%)
L&T : 3,890.40 +352.05 (+9.95%)
RIL : 2,609.55 +119.00 (+4.78%)
GMR Infra : 194.40 +31.50 (+19.34%)
Unitech : 439.00 +66.30 (+17.79%)
Punj Lloyd : 450.95 +32.05 (+7.65%)
Orbit : 754.85 +77.25 (+11.4%)
RPL : 173.00 +11.70 (+7.25%)
RNRL : 144.35 +12.80 (+9.73%)
Howzz that !!!
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