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'Corona prevention measures not being followed in hotspots'

Central teams, which were tasked to check preparedness of districts with a high load of Coronavirus cases, found that infection prevention control practices were not properly followed in several hospitals raising concerns over safety of healthcare workers, official sources said.

Six high-level multi-disciplinary teams were constituted by the Union health ministry to assist and review state health departments for proper implementation of cluster containment plans for large outbreaks and check hospital preparedness for COVID-19. Teams comprising experts from the National Centre for Disease Control (NCDC), AIIMS and ICMR among others visited states, including Gujarat, Maharashtra, Rajasthan, Madhya Pradesh, Uttar Pradesh, Telangana and Tamil Nadu, which have high case load districts. They visited the stated between second and third week of April.

"They have observed that infection prevention control practices were not being followed properly during sample collection and treatment of confirmed cases raising concerns over the possibility of healthcare workers getting infected and leading to further transmission," the sources said. They have recommended that such infection prevention control guidelines should be strictly followed in hospitals. Several healthcare workers have been infected by COVID-19 across the country. Asked about the number of infected healthcare personnel, an official said no such centralised data has been maintained.

No April, May pay for Spicejet staff

SpiceJet told its pilots that they will not be paid salaries for April and May, and said those who have been operating cargo flights will get paid for "block hours flown". SpiceJet's flight operations chief, Gurcharan Arora told pilots through an email that "as of today, 16 per cent of our aircraft and 20 per cent of our pilots are flying".

Jamaatis asked to donate plasma

Tablighi Jamaat members, who got cured of COVID-19, have been asked by their organisation to donate their plasma for treatment of other COVID-19-infected patients, a move that the outfit thinks will help it shed its "villain" tag. "Maulana Saad, in an open letter on April 21 has appealed them to donate their plasma to help others. The message has reached all the members," Maulana Anees Ahmad Nadvi, the manager of Tablighi Jamaat's Lucknow branch, told PTI on Wednesday.

Punjab extends lockdown; 10 held in Kolkata

. The Kerala government on Wednesday decided to issue an ordinance empowering it to deduct salaries of its employees to mobilise funds to fight COVID-19 in the state.

. The spread of COVID-19 in Tamil Nadu is "largely under control" due to the implementation of various government guidelines, but the contagion is "easily" spreading in this city due to its large population, cm, K Palaniswami said.

. Nine new cases of Coronavirus have been confirmed in Karnataka, taking the total number of infections in the state to 532, the health department said.

. Ten persons were arrested on Wednesday for allegedly assaulting policemen enforcing lockdown in the Coronavirus red zone of Howrah district last evening. According to a senior official of the Howrah police commissionerate, a total of 10 persons have been arrested and three cases under different sections of the IPC and other penal laws have been lodged against the accused.

. Punjab CM, Captain Amarinder Singh has announced to extend the curfew for two more weeks to check the spread of Coronavirus in the state.

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Rihanna sent ventilator to dad Robert Fenty after he tested positive for coronavirus

Singer Rihanna's father Ronald Fenty tested positive for coronavirus in his home country of Barbados but has now beat COVID-19 thanks to the superstar's help.

According to Page Six, Rihanna's father recently shared with The Sun, "My daughter Robyn was checking in on me every day. I thought I was going to die to be honest. I have to say, I love you so much, Robyn. She did so much for me. I appreciate everything she has done."

The 32-year-old songstress sent a ventilator to his Caribbean home and gave him "more than enough" to battle the illness that left him feeling weak and frightened for his life.

"I got a fever up inside of my nose. I had a fever across my lips. It was just a lot of fever," Fenty revealed. "I feared the worst. I thought I was going to die, honestly."

The Fenty Beauty founder's father was quarantined for two weeks after at the Paragon Isolation Center, after which he was declared virus-free. He is now resting in his St. James home.

Fenty asked of the public to stay at home and said, "I want everybody to stay home. This is a serious situation. More serious than people realize. Please stay home."

The 'Work' songstress is also using her time and money to help those globally affected by COVID-19, and she has donated 5 million USD to the cause via her Clara Lionel Foundation. She and Jay-Z also teamed up to donate 1 million USD each to those affected in Los Angeles and New York.

Twitter boss Jack Dorsey is also collaborating with Rihanna to help domestic abuse survivors who may have been displaced during the coronavirus pandemic.

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Mumbai adventure firm booked in death of Korean paraglider in Panchgani

The Panchgani police have booked a Mumbai based adventure firm for negligence after a 45-year-old South Korean national died when his glider crashed during an event near Panchgani in Satara district. The police identified the deceased as Sang Teak Oh, a professional paraglider.

Superintendent of Police, Satara, Pankaj Deshmukh said Oh's last rites will be performed in Wai as his family members have given their consent. Oh came to India on a tourist visa and landed in Wai on February 10.

Assistant Police Inspector Trupti Sonawane said, "On Tuesday evening, Oh took off from Rajpuri near Panchgani, but strayed off the course and descended into forest area. He was rescued by the team present at the event, but had been seriously injured by then."

She added, "He succumbed to his injuries at the hospital in Wai. We have registered a case against the event firm and arrested its event manager under IPC section 304 (A) (causing death by negligence). Oh's body was handed over to the Korean embassy after a postmortem."

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COVID-19 impact: Asian football events to go ahead this year

Asia's top football competitions will go ahead this year despite the coronavirus pandemic, a senior official told AFP, although games may have to be played behind closed doors. Windsor John, general secretary of the Asian Football Confederation (AFC), said he was confident that the AFC Champions League and AFC Cup would both be completed. Both tournaments, featuring teams from throughout Asia, Central Asia and the Middle East, are on hold until at least the end of June after COVID-19 shuttered professional sport worldwide.

"Both will be played this year. We still have time," John told AFP, adding that new dates for the competitions may be known by the end of April. However, John did not rule out matches being played without fans "if that's what the health authorities need". The AFC is determined for both tournaments to go ahead "for sporting reasons and to fulfil commercial obligations", he said. His comments came after the AFC on Tuesday announced the indefinite postponement of all matches scheduled for May and June due to the virus.

The Champions League, the region's premier club competition, and the second-tier AFC Cup were both halted in March as the pandemic's spread forced governments to impose strict travel restrictions. Both tournaments are on an increasingly tight schedule, with the 32-team Champions League needing to complete four rounds of group-stage matches in July before the postponed knock-out phase begins in August.

The group phase of the AFC Cup will also have to be completed in a rush once matches resume. The finals for both tournaments -- which traditionally take a break in July, to avoid the worst of the Asian summer heat -- are scheduled to take place in November. Domestic leagues remain on hold around the world, including in China where the virus first emerged, but where football shows no sign of returning despite optimism the outbreak is under control.

Asia's extended shutdown, announced on Tuesday, also affects the two-legged women's Olympic qualifying play-off between China and South Korea, which had already been moved to June 1 and 9. June qualifiers for the men's 2022 World Cup and 2023 Asian Cup had been postponed before the AFC's announcement on Tuesday. Asian football was an early sporting casualty of the coronavirus pandemic, before competitions in Europe -- including Euro 2020 -- and the rest of the world were also affected.

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Will Mutual Fund Houses Act Against Companies Approaching Courts To Prevent Rating Downgrade Amidst COVID-19?

Posted by Equitymaster
      

Unnerving movements for debt mutual funds investors!

Just last week my colleague, Divya explained the fiasco at Franklin Templeton Mutual Fund, which took a decision to abruptly wind down six debt mutual fund schemes, namely:

In all, the above debt mutual fund schemes had an AUM of Rs 30,854 crore as of March 31, 2020.

The fund house cited, "severe market dislocation and illiquidity in the fixed income space" caused by the COVID-19 pandemic, as the reason behind the decision.

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Investors in these schemes are now left in the lurch: they cannot sell (nor buy) these funds and will have to rely on the fund house to get back their hard-earned money. Investors will have to hold their investments in these schemes until liquidity is available to the mutual fund house by either selling securities in the fund's portfolio or receiving maturity proceeds.

Currently, a fact is, not just Franklin Templeton Mutual Fund, but debt mutual fund schemes of many other fund houses are have a remarkable exposure to stressed assets.

According to portfolios disclosed on March 31, 2020, mutual funds collectively held Rs 1.38 trillion of exposure to debt securities issued by Non-Banking Financial Companies (NBFCs). Approximately Rs 51,000 crore of the exposure in debt securities has a maturity profile of less than 3 months; and now, mutual funds fear that there will be defaults.

NBFCs and other corporate borrowers claim that they do not have enough liquidity to fulfil their obligations and have requested for additional time. Given that, rating downgrades from rating agencies look likely.

However, some companies are playing smart: they are approaching the Courts to prevent a rating downgrade, plus seeking a stay on sale of pledged shares. Of course, they are well within their right to approach the judicial authority or Courts and contest.

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But the capital market regulator, seems to be in no mood in offering them any leeway. On the contrary, the regulator is asking the mutual fund industry to act against the issuer of securities who are possibly carrying high credit risk; facing asset quality problems.

Delays in repayments would mean the creation of more side-pockets by mutual funds. And in my view, more the losses investors suffer, more frustrating it will be for mutual fund houses and their investors. Eventually retail and High Net-worth Individuals, particularly, will lose confidence and may not be keen to invest in debt funds.

If you are wondering what has gone wrong, here's everything you may like to know about liquidity, credit risk and the exposure of mutual funds to corporate debt in the present scenario.

If you remember, the capital market regulator had mandated large corporations to source at least 25% of their borrowings from the bond markets from the beginning of FY 2019. This move was expected to deepen Indian bond markets and reduces the stress on banks. Just a year later, the same move is proving fatal for companies that went to the bond markets to raise money.

Now that the COVID-19 lockdown has forced many business units to shut off temporarily or operate much below their optimal operational capacity with a skeletal staff, companies, including the large organisations that relied heavily on debt markets, are finding it difficult to honour maturity claims on Commercial Papers (CPs), Non-Convertible Debentures (NCDs), and Bonds.

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They were hoping for an 'at-par treatment' with Banks when the Reserve Bank of India (RBI) offered a moratorium period to borrowers. But the RBI circular came to them as a shocker. The devil was in the details.

On March 27, 2020, the RBI issued a notification allowing a three-month moratorium on all outstanding term loans and working capital facilities on account of disruptions caused by the outbreak of coronavirus. This circular did not cover around 10 thousand NBFCs, who mainly depend on CPs, NCDs, and Bonds for their funding requirements.

As far as NBFCs are concerned, the RBI has already provided them with a liquidity facility through the banking channel. The RBI directed banks to utilise funds infused under Targeted Long Term Repo Operations (TLTRO) facility to invest in 'investment-grade' CPs, NCDs, and Bonds issued by NBFCs. Also, RBI mandated banks to allocate 50% of Rs 50,000 crore of liquidity introduced by way of TLTRO 2.0 to small and mid-size NBFCs and small finance banks.

But NBFCs seemed not too happy with just liquidity and many of them are now approaching courts to prevent rating downgrades. This is not a best practice for the industry, although fund houses may be well within their rights to contest.

Recently, Indiabulls Housing Finance was successful in receiving the interim order from Delhi High Court, throttling any coercive action against the housing finance company for its inability to repay its bondholders. The Delhi High Court will hear the case further on May 19, 2020.

This has added to the worries of mutual fund houses that now fear other NBFCs will follow the same path.

The capital market regulator, only recently (a few days ago) following the three moratorium by RBI (due to disruptions caused by COVID-19 pandemic) has relaxed the valuation norms for debt and money market instrument held by mutual funds vide a circular dated April 23, 2020, wherein it states as under:

  • Based on assessment, if the valuation agencies appointed by AMFI are of the view that the delay in payment of interest/principal or extension of the maturity of a security by the issuer has arisen solely due to COVID-19 pandemic lockdown and/or in light of the moratorium permitted by Reserve Bank of India (RBI) (vide notification no. RBI/2019-20/186, dated March 27, 2020) creating temporary operational challenges in servicing debt, then valuation agencies may not consider the same as a default for the purpose of valuation of money market or debt securities held by Mutual Funds.

    However, in the scenario, as stated above, if there is any difference in the valuation of securities provided by two valuation agencies, the conservative valuation shall be accepted.

But then what is the point of coming up with these valuation norms as an afterthought, and not in close synchronisation when the RBI came with its notification a month ago?

The damage now is already done and companies are anyways approaching the Courts to prevent a rating downgrade.

Let's say shares of a company are pledged and to recover the proceeds -- if they cannot be sold due to a court order -- then such lending would be as good as unsecured lending.

Also, why should that not be construed as an instance of deviation from the stated fundamental attributes of a debt mutual fund scheme? After all, mutual fund investors invest in debt fund schemes taking into account a certain level of risk. Change in the risk profile of a scheme is a change in the fundamental attribute/s.

According to India Ratings, NBFCs having the asset base of Rs 500 crore to 5,000 crore, largely fall between "A" and "BBB" rating categories.

The mid-path could be a decision on payment or deferring the payment in consultation with all stakeholders, including debenture trustees. The industry will require a blanket resolution because a case-to-case resolution approach is cumbersome and may create more chaos.

Unless the RBI takes a clear stance on NBFCs and other financial institutions, mutual fund houses are likely to feel the heat of redemptions. Suppose, there's no further statement issued by the banking sector regulator; mutual funds will have to be prepared to handle large-scale defaults, which might look inevitable. After all, a majority of NBFCs' customers are retail borrowers and they enjoy a moratorium on the EMI payment for 3-months. This has been the trickiest part for NBFCs.

While COVID-19 outbreak has been the genuine reason for the potential defaults this time, asset-liability mismatches of NBFCs are well-known. Many NBFCs have gone overboard with cheap credit available during stable market conditions. Their credit underwriting has been questioned widely. The industry has also witnessed belly-up instances such as IL&FS and DHFL. Many mutual fund houses have burned their fingers badly in such defaults.

At the time of writing this piece, to ease the liquidity pressure on mutual funds, the RBI today decided to provide a special liquidity facility of Rs 50,000 crore for mutual funds. Under this facility, the RBI will conduct repo operations of 90 days tenor at the fixed repo rate. This will be on-tap and open-ended, and banks can submit their bids to avail funding on any day from Monday to Friday (excluding holidays). The scheme is available from today i.e., April 27, 2020, till May 11, 2020, or up to utilization of the allocated amount, whichever is earlier. The Reserve Bank will review the timeline and amount, depending upon market conditions.

The RBI has stated further that the liquidity support availed under the Special Liquidity Facility for Mutual Funds shall be used by banks exclusively for meeting the liquidity requirements of mutual funds by, 1) extending loans; and (2) undertaking outright purchase of and/or repos against the collateral of investment-grade corporate bonds, CPs, debentures and certificates of Deposit (CDs) held by mutual funds.

Having taken this measure, keep in mind that it does not make investing in debt mutual funds risk-free. Considering the prevailing investment environment, you should stay away from mutual fund schemes whose portfolio characteristic appears compromised. Also, avoid credit risk funds and corporate bond funds as they are likely to be more vulnerable amidst the financial crisis followed by COVID-19 pandemic.

As a thumb rule: Choose mutual fund schemes from fund houses that follow prudent judicious investment processes and stringent risk-management systems.

In these uncertain times, it would be wise sticking to liquid funds and overnight funds while considering debt funds.

Our friends at Quantum Mutual Fund have highlighted the secret behind their debt management strategy which has helped them provide safety and liquidity to investors when it comes to investing in quantum funds. Don't Worry, Quantum Liquid Fund always aims for Safety and Liquidity.

As with all financial matters, better be safe than sorry!

PS: If you wish to select worthy mutual fund schemes, I recommend you to subscribe to PersonalFN's unbiased premium research service, FundSelect.

Additionally, as a bonus, you get access to PersonalFN's popular debt mutual fund service, DebtSelect.

Each fund recommended under FundSelect goes through our stringent process, where they are tested on both quantitative as well as qualitative parameters.

Every month, PersonalFN's FundSelect service will provide you with insightful and practical guidance on equity mutual funds and debt schemes - the ones to Buy, Hold, or Sell.

If you are serious about investing in a rewarding mutual fund scheme, Subscribe now!

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Author: Rounaq Neroy

This article first appeared on PersonalFN here.



PersonalFN is a Mumbai based personal finance firm offering Financial Planning and Mutual Fund Research services.

Disclaimer:
The views mentioned above are of the author only. Data and charts, if used, in the article have been sourced from available information and have not been authenticated by any statutory authority. The author and Equitymaster do not claim it to be accurate nor accept any responsibility for the same. The views constitute only the opinions and do not constitute any guidelines or recommendation on any course of action to be followed by the reader. Please read the detailed Terms of Use of the web site.




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ITF sets guidelines for local, national events

The International Tennis Federation (ITF) has issued a set of guidelines for local and national-level competitions when tennis returns to action once the restrictions put in place due to coronavirus pandemic are lifted. The guidelines include arriving at a venue already dressed and leaving immediately after the conclusion of a match, no handshake, no sharing of equipments (rackets, towels, water bottles, etc), no doubles matches. Besides the guidelines also say that competitions should be held without spectators.

The ITF has also said that players use separate sets of balls (and mark them clearly prior to play) and should go around opposite sides of the net at changeovers. "The guidelines -- at this stage for local and national-level competitions only -- seek to provide a framework in which tennis can be played again in a manner that protects against the risk from transmission or infection by the COVID-19 virus, and provide a number of practical suggestions as to how this might be achieved," said ITF in a statement on Friday.

"While following measures such as these will ensure that the risk from COVID-19 is minimised, the guidelines are clear that the risk cannot be eliminated altogether," it added.

Currently, all tennis activities remain suspended until July 13 due to coronavirus pandemic which has so far claimed more than 2.3 lakh lives across the world.

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Kerala to re-brand itself as 'Land of Adventure tourism'


Representational Pic

Kerala is aiming to re-brand itself as a 'Land of Adventure' to increase tourist arrivals--both foreign and domestic in the next five years. The state was targetting the increase of foreign and domestic tourist arrivals by 100 per cent and 50 per cent respectively in the next five years, a tourism department press release said.

Kerala showcased its unexplored destinations and adventure tourism hot spots at the silver jubilee edition of SATTE-South Asia's leading travel and tourism exhibition at New Delhi today. On the rebranding of Kerala,Tourism minister Kadakampally Surendran said that over the years, the industry had changed rapidly with vistors preferring to go beyond the historic temples, monuments and modern sights.

Tourists prefer to explore hills, waterfalls and forests by indulging in adventorous activities, he said, adding that hencefourth the state aims to be re-branded as the 'land of adventure' to woo the younger generation by offering activity and water based tourism. Tourism Director P Balakiran said that the interest of travellers was increasingly gravitating towards adventure tourism offerings, including expanded world view, nature and discovery and fun and thrills. The activity related tourism would help the state achieve the target of domestic and international tourist arrivals, he said. The rivers, high altitude mountains, dense forests and vast stretches of sea offers an array of adventure packed destinations, he added.

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Travel: Head out to Khandala for cliff traversing, other adventurous activities

What is life if full of care, you have no time to stand and stare. To ensure that you stand and stare at the beauty that is the Western Ghats, Mapping Journeys is organising trekking, rappelling and cliff traversing at the Duke Nose peak of Khandala for four consecutive days, on the fourth edition of The Duke Nose Festival.

"There will be an 8 am pick up at Lonavala station, from where we'll proceed to the Duke Nose base camp for breakfast, followed by an hour-long trek to the peak. There, our technical team will be ready with rappelling gear. The wall stretches to above 1,000ft and the first 350ft of rappelling will be downwards," says Veeral Raj, co-founder of the travel firm. "Next up is cliff traversing, which is a walk along a cliff overlooking a valley. The participants will be harnessed to a rope for safety," Raj explains.

He adds that the final sport is often an element of surprise for participants as people usually look forward to rappelling alone. With a technical team that boasts 12 years of experience in the field, Raj assures the trip is safe for first timers and for people across all ages. So put on those trekking shoes and head out for an adventurous weekend.

On February 10 to 13, 8 am onwards meeting point Lonavala Railway Station.
Log on to insider.in
Call 9867697306
Entry Rs 1,650

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Make your long-weekend exciting with these 5 breathtaking adventure sports

Are you really bored of the routine and look to have a fun-filled vacation? Here your quest ends as the Good Friday long weekend is approaching and then you can plan to have some adventure for your lifetime. Though our country offers a vast number of adventure activities, it is always difficult to choose one out of them. It is really important to decide a right adventure sport at a right place to have the best utilization of your vacation. In order to help you we have list down some of the best places for you to consider this long weekend. We promise that these sports not only stimulate adrenaline rush but also help you to become fearless:

Bungee Jumping in Rishikesh
Bungee Jumping is an exciting and thrilling adventure sport. It is an ill-advised sport for the faint hearted. You might be surprised that though a lot of people take the initiative to try it out, but most back off just before the jump. First a long, extremely strong and stretchy cord is tied around the jumper's ankle, which leaps off of the jumping point. Jumpin Heights offers adrenaline-pumping activities such as Bungee Jumping, Flying Fox, and Giant Swing. Recognised by Ministry of Tourism, Govt. of India, the organization follows Australian and New Zealand Standards for Safety Regulations. Built above the glorious river Ganges, Jumpin Heights is host to India's first highest Bungee jumping platform (83 meters).jumpinheights.com

Wildlife Safari in Ranthambore National Park
For the wildlife adventure enthusiasts, Ranthambore National Park in the Sawai Madhopur district of Rajasthan is a celestial destination. Known to be one of the best parks to spot the majestic Indian Tigers, the park is also the home to several other endangered species. The Ranthambore wildlife sanctuary is popular for being India's largest National Park. It encompasses the Sawai Man Singh Sanctuary and the Keladevi Sanctuary and hence covers approximately a stretch of 1300 Sq. Km. The park welcomes all you adventure enthusiasts, wildlife photographers and nature admirers to be awe struck by its glory

Cycle Trekking in Himalayan
The mountainous region delivers a special kind of excitement to the adventure junkies. The great topography of India will let you experience this excitement. For cycle trekking, the Himalayan range and the mountainous regions of Kerala are the most favorite for the activity. One can ride individually or in groups to rejuvenate their senses.

Desert Camping in Jodhpur
For those, who crave for fun and adventure in the arid deserts of Rajasthan, Jodhpur proves to be an ideal destination. Also known as the 'Sun City', the adventure junkies can opt for desert camping along with bonfire, barbeque dinners and village tours in Jodhpur.

River Rafting in Rishikesh
The gushing waters of Ganges makes river rafting in Rishikesh one of the most exhilarating adventurous sports. Embraced by the majestic Himalayas and enveloped by the lush green vegetation, the divine city of Rishikesh invites all you adrenaline Junkies, to encounter some thrill. The Ganga River flowing through the city offers rapids ranging from Grade-I-V and makes it for an ultimate rafting destination in the country.

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Tax-News.com: Russia To Sign OECD's BEPS Convention

Russia will sign the OECD's Multilateral Convention to implement tax treaty-related measures to prevent base erosion and profit shifting, the Government announced on May 20.




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Vijay Mallya appeals to UK Supreme Court as last ditch effort to prevent extradition to India

As a last ditch effort to prevent his extradition to India, embattled liquor baron Vijay Mallya on Monday filed an application in UK Supreme Court to prevent implementation of an earlier order that made his return to India imminent.

The application came after a gap of almost two weeks after the London High Court on April 20 rejected a similar application and ordered his extradition to India to face enforcement authorities there in connection with a Rs 9,000 crore bank fraud and money laundering case involving his now defunct Kingfisher Airlines.

The UK Supreme Court is expected to hear the matter later this week. Legal experts said that if the application is rejected by Supreme Court as well, then UK Home Secretary would have to sign on Mallya's extradition papers within 28 days.

Mallya's application in Supreme Court came on the last day when such an appeal could be made in the top court. The 64-year-old businessman was given 14 days to file such an application against the order of High Court. The high court dismissed his appeal against a Westminster Magistrates' Court extradition order certified by the UK Home Secretary.

Legal experts quoted above said it is unlikely for Mallya to get a reprieve from Supreme Court as it would only look as constitutional issues and may not tamper with high court's order if other aspects are in order.

This should be music to the ears of enforcement agencies in India who have been waiting for a long time get hold of the fugitive businessman. The ED has attached several properties of Mallya in the last few years under sections of the Prevention of Money Laundering Act.

Mallya is being investigated by the CBI and the Enforcement Directorate in connection with the loan fraud case.

He was arrested by the UK authorities on April 20, 2017 on the request of the Indian investigative agencies.

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Events - Transport research Arena 2020 (TRA2020) - Cancelled - 27-30 April 2020, Helsinki, Finland

TRA2020 conference in April 2020 has been cancelled

More information




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Tax-News.com: Nautilus Welcomes Progress On Maritime Labour Convention Amendment

Nautilus, an international trade union for maritime workers, has welcomed the outcome of top-level talks on updates to the Maritime Labour Convention to include measures to address bullying and harassment and to safeguard seafarers' wages when they are held captive.




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Tax-News.com: EU Expected To Adopt New Fuel Marker To Prevent Fraud

New chemical markers intended to be used in gas oil (diesel) and kerosene in the EU are more resilient to fraud than the one currently applied, and introducing a new marker might cost less than member states currently lose in tax revenues, a new EU report says.




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Researchers Use GPS, PDAs For Malaria Prevention in Africa, Study Says

CDC researchers have developed new tools using GPS technology and PDAs to help prevent the spread of malaria in Africa, according to a study published




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Indoor Spraying Prevents Dengue

Indoor spraying includes indoor residual spraying (IRS) and indoor space spraying (ISS), which involves spraying of insecticides inside the house shows




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Common Toiletry Antimicrobial Compound Prevents Malarial Spread

Target genes in the malaria parasite can be inhibited by triclosan, an antimicrobial compound used in soap, toothpaste, deodorant and many other products, finds a new study.




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Mosquito Bites Might Be Prevented Using Graphene-Lined Clothing

Mosquito bites now could be prevented using clothes made up of the nanomaterial graphene, which is also a material actively used is a lot of products from solar cells to tennis rackets.




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Dengue Prevention: Artificially-infected Mosquitoes may Hold Key to Halting Dengue Spread

Releasing mosquitoes infected with a type of bacteria could wipe out the spread of dengue, thereby reducing global dengue cases by 90 percent, reports a new study.




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Good News to Mothers: Breastfeeding Helps Prevent Diabetes

Highlights: Breastfeeding may lower a woman's risk of developing diabetes later in life Pregnant women wi




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Investigational Drug to Prevent Heart Disease May Treat Ovarian Cancer

Ovarian cancer cells become detached from their point of origin and shift using fats as an energy source, according to Benjamin Bitler, PhD, and CU Cancer




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Rivaroxaban Better in Preventing Blood Clots After Ortho Surgeries

Rivaroxaban lowers the chance of serious thromboembolism more in people recovering from orthopedic surgery requiring immobilization compared to Enoxaparin,




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Tax-News.com: OECD Consults On Tackling Common Reporting Standard Circumvention

The OECD has recently launched a consultation on tackling the circumvention of its latest international tax transparency standard, the Common Reporting Standard, through the use by individuals of residency by investment (RBI), or citizenship by investment (CBI) schemes.




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Tax-News.com: Australia Explains Early Intervention Program

The Australian Taxation Office has explained how its Early Intervention Strategy helps it to identify tax agents at risk of non-compliance.




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Tax-News.com: Malta Ratifies BEPS Convention

Malta has become the latest country to ratify the OECD's multilateral convention to counter base erosion and profit shifting.




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Intermittent Fasting Helps Prevent Disease

Intermittent fasting has worked on the liver to help prevent disease, stated researchers in Australia. The findings will help medical scientists working




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Culturally Tailored Intervention Increases HPV Vaccination of Asian-American Adolescents

A culturally tailored multilevel strategy designed by scientists significantly increased human papillomavirus (HPV) vaccine uptake among low-income, mostly




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Condoms and Vaccines to Prevent Human Papillomavirus

Among gay men, public health campaigns should highlight complementary role of both condoms and vaccines to prevent human papillomavirus (HPV), according




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Blocking Zinc Uptake Could Prevent Gonorrhea Infection

Blocking key mineral zinc uptake was found to stop gonorrhea infection, the widespread sexually transmitted infection, revealed study by the Institute




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Families Talking Together Intervention Helps Reduce Adolescent Sexual Risk Behavior

Adolescent sexual risk behavior is lowered with involvement of parents and healthcare providers, stated new study. Now, a randomized clinical trial




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Water Fluoridation May Prevent Dental Decay

Water Fluoridation may reduce dental decay in U.S. children and adolescents, reports a new study. The findings of the study are published in the iJournal of Dental Research/i.




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Experts Seek More Active Prevention of Tooth Decay for Kids

Dentist's drill may not be the best way to deal with tooth decay in children's teeth, according to a new study. And, there is no proof that conventional




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Tooth Decay Prevention: Get Rid of Cavities Using a Bioactive Peptide

Preventing tooth decay now becomes easy using a bioactive peptide that coats the tooth surface, reports a new study. The findings of the study are published




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Cutting Air Pollution can Boost Health, Prevent Deaths

Air pollution kills millions of people day-by-day. Breathing dirty air also increases the global burden of asthma, respiratory diseases, heart diseases,




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PreventiOnWeb.net: Change in behaviour needed for improved drought management in Jordan and the MENA region

To better understand the risk factors and the effects of drought in the region, IWMI conducted a survey of 400 commercial fruit farms in Jordan, one the most water-scarce countries in the world.



  • IWMI in the news

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Prevention Web: Mainstreaming technology provides key solutions for disaster risk mitigation

Water-related natural disasters are major impediments to human security and sustainable socioeconomic development. Climate change has made extreme weather events more severe by altering their frequency, timing, intensity and duration.




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Prevention Web: Satellite maps can help nations make critical food production decisions amid coronavirus

Take a look at the satellite map below. That vast swathe of orange and red across northwestern India and Pakistan depicts crops that have ripened in the last couple of weeks.




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Statins Under-prescribed to Prevent Cardiac Diseases: Study

Statins, the most commonly used cholesterol-lowering agents, were found to be significantly underutilized to treat lipid abnormalities in patients who





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Regular Exercise can Help Prevent Liver Cancer Development

New study offers evidence that doing regular exercise can help prevent the most common type of liver cancer hepatocellular carcinoma. The study also identified




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New Investigational Drug Offers Hope In Preventing Cancer Relapse

Re-growth of tumors can be stopped by a new drug under investigation, named Quisinostat, according to the study by the team of researchers at the Francis




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New Drug Prevents Cardiac Events in Children Undergoing Chemotherapy for Leukemia

In pediatric patients undergoing chemotherapy for acute myeloid leukemia (AML), the cardioprotective drug dexrazoxane preserved cardiac function without




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Vitamin C may Shorten Ventilation in Patients

In five controlled trials including 471 patients requiring ventilation for over 10 hours, vitamin C shortened ventilation time on average by 25% according




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Prevention Web: Mainstreaming technology provides key solutions for disaster risk mitigation

Water-related natural disasters are major impediments to human security and sustainable socioeconomic development. Climate change has made extreme weather events more severe by altering their frequency, timing, intensity and duration.




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Prevention Web: Satellite maps can help nations make critical food production decisions amid coronavirus

Take a look at the satellite map below. That vast swathe of orange and red across northwestern India and Pakistan depicts crops that have ripened in the last couple of weeks.




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Gene Therapy Prevents Disorders With Alcohol Exposure in ALDH2 Deficiency, Says Study

Gene therapy to treat aldehyde dehydrogenase type 2 (ALDH2) deficiency helps prevent increased risk for esophageal cancer and osteoporosis linked to chronic alcohol exposure, revealed study.




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Gene Therapy Prevents Heart Dysfunction in Barth Syndrome

Gene therapy could prevent or reverse cardiac dysfunction in Barth syndrome according to the new research at Boston Children's Hospital. The findings,




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Behavioral Intervention can Improve Language Skills in Youth with Fragile X

New study finds more evidence for the efficacy of a telehealth-delivered behavioral intervention in treating language problems in youth with fragile X syndrome (FXS).




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Liver Cells Help Prevent Organ Rejection After Transplant

Mesenchymal stromal cells from liver were found to have immunoregulatory qualities that make them more effective than similar cells derived from adipose,




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Temporary Gun Removal Law Shows Promise in Preventing Suicides

It is pretty easy to get a gun these days without going through a background check. A Connecticut law enacted in 1999 to allow police to temporarily