down "Hang in there"- says Ranveer Singh, as he sends fans love and good vibes during the lockdown By Published On :: Sat, 09 May 2020 11:45:57 GMT With the ongoing pandemic, our lives have almost come to a stand-still, and the lock-down is taking a toll on the mental health of many of us. At such a time of crisis, one can only try to keep the optimism alive and not let the situation get the best of them. Actor, Ranveer Singh, in a recent Instagram live session, appealed fans to do the same. “It’s been a very difficult couple of weeks, emotionally difficult. Turbulent times with everything that is going on in the world. To all my friends & fans stay safe, hang in there, stay healthy. Sending you love, positive vibes & good energy. I’m always an optimist, I like to look at the bright side of things. I always like to stay positive in any situation that life throws up. To be honest, this is unprecedented. We all are in this together and I believe that on the other side of this we’ll come out with more compassion,” he said. ”Its been a very difficult couple of weeks, emotionally difficult. Turbulent times with everything that is going on in the world. To all my friends & fans stay safe, hang in there, stay healthy. Sending you love, positive vibes & good energy.” -Ranveer Singh live on insta today pic.twitter.com/qtYCbiUxyU — RanveerSingh TBT | #83????♥️ (@RanveerSinghtbt) May 8, 2020 Ranveer and wife Deepika Padukone, at home, are keeping themselves occupied with workouts and household chores as they also keep sharing glimpses of their locked-down life. Post lockdown, they both await the release of Kabir Khan's sports drama '83. Full Article
down Have footballer Alexis Sanchez, model Anna Modler found love during COVID-19 lockdown? By www.mid-day.com Published On :: 13 Apr 2020 02:41:53 GMT South African model Anna Modler has given clear indication that she is in lockdown with Chilean footballer Alexis Sanchez. Rumours of Anna dating the footballer emerged after she shared a picture of her posing next to Alexis's Golden Retrievers, Atom and Humber last month. Last week, she shared another picture on Instagram with the canines and wrote: "Thank you for stopping me from working out. I agree, it's definitely time to eat." Commenting on the picture, one of her model friends, Morgan Shelly wrote in South African slang: "Lekker man. Nice to see you're hanging out with your family," to which, she replied: "Thank you Morgan." Meanwhile, a follower commented: "Isn't love beautiful!! You made Alexis happy. Stay with him." Another wrote: "Come on!! We all know you Alexis girlfriend. Post a photo with him already." Interestingly, neither Alexis, 31, nor Anna, 22, follow each other on social media, but Anna does follow the Instagram account of the footballer's pets. Alexis and Anna were first pictured together at a train station in Wilmslow, United Kingdom, last August before the former Arsenal star left Manchester United. However, her identity was a mystery then. Catch up on all the latest sports news and updates here. Also download the new mid-day Android and iOS apps to get latest updates. Mid-Day is now on Telegram. Click here to join our channel (@middayinfomedialtd) and stay updated with the latest news Full Article
down Rio Ferdinand's model wife Kate has her hands full at home during lockdown By www.mid-day.com Published On :: 23 Apr 2020 03:00:03 GMT Former England footballer Rio Ferdinand's wife Kate has said that while she was initially 'anxious and stressed' with the Coronavirus-caused lockdown, she is now spending most of her time homeschooling her three children Lorenz, 13, Tate, 11, and Tia, nine. Kate, 28, in association with an online education company, has launched a free toolkit of edutainment activities for primary school children to help those homeschooling during the current lockdown. "At the beginning of lockdown, I felt a bit anxious and stressed. I didn't have any routine but this is something to do every day. You feel like you're in a little community doing it together," Kate, 28, told Britain's MailOnline. Speaking of the homeschooling experience, Kate said that she and hubby Rio, 41, are trying their best to make things fun: "For the first three weeks of homeschooling, I was overwhelmed. It's quite hard for us having three children and all having sessions at different times. It's about trying to get the balance of making it fun as well as doing school work and trying to manage a good family life." Catch up on all the latest sports news and updates here. Also download the new mid-day Android and iOS apps to get latest updates. Mid-Day is now on Telegram. Click here to join our channel (@middayinfomedialtd) and stay updated with the latest news This story has been sourced from a third party syndicated feed, agencies. Mid-day accepts no responsibility or liability for its dependability, trustworthiness, reliability and data of the text. Mid-day management/mid-day.com reserves the sole right to alter, delete or remove (without notice) the content in its absolute discretion for any reason whatsoever Full Article
down Perrie Edwards enjoying quality time with footballer beau Alex Oxlade-Chamberlain amid lockdown By www.mid-day.com Published On :: 1 May 2020 03:11:47 GMT Brit singer Perrie Edwards, 26, is enjoying every moment alongside her footballer boyfriend Alex Oxlade-Chamberlain, 26, during this Coronavirus-caused lockdown in the United Kingdom. "I feel like I'm really enjoying this [lockdown], I can't lie. I'm having the time of my life. I've never spent so much time with my boyfriend. I've never spent so much time in my house," Perrie, who is part of the British all-girl group Little Mix, told Los Angeles radio station KII-FM. "It's like I've never had just so much time on my hands to do stuff that I've always wanted to, so it has been nice," added Perrie, who began dating the Liverpool star in 2016. The couple have been regularly uploading pictures and videos, dancing together on social media, while Perrie has even performed a few songs. Meanwhile, Alex too has been enjoying all the attention and recently said that Perrie is the "perfect wifey." Catch up on all the latest sports news and updates here. Also download the new mid-day Android and iOS apps to get latest updates. Mid-Day is now on Telegram. Click here to join our channel (@middayinfomedialtd) and stay updated with the latest news Full Article
down Manchester City's Bernardo Silva enjoying lockdown with Portuguese model Ines Tomaz By www.mid-day.com Published On :: 8 May 2020 02:54:47 GMT Portuguese footballer Bernardo Silva has reportedly found love during the ongoing Coronavirus-caused lockdown. The Manchester City star, who split from his French model girlfriend Alicia Verrando two years ago, is said to be in a relationship with Portuguese model Ines Tomaz. According to a report in the Portuguese media, Bernardo has been in lockdown near Lisbon in Portugal with Ines for over a month, but the couple are not keen to rush into things. "They've not been together for very long and they want to take things slowly," a source told Portuguese newspaper Correio da Manha. It is learnt that Bernardo and Ines have been watching Netflix, playing the piano and even learning to cook together. Bernardo revealed last week that he was in quarantine with a group, including Ines, and had even posted a picture of the bunch on social media. "Hey guys, it's been over a month that we're all locked down in our homes so I have decided to show you a little bit of what our quarantine looks like. This is the group of friends with whom I'm spending my quarantine," he wrote. Catch up on all the latest sports news and updates here. Also download the new mid-day Android and iOS apps to get latest updates. Mid-Day is now on Telegram. Click here to join our channel (@middayinfomedialtd) and stay updated with the latest news Full Article
down Manchester City's Kyle Walker: I feel harassed after lockdown breach By www.mid-day.com Published On :: 9 May 2020 07:09:39 GMT Manchester City's Kyle Walker says he is being "harassed" after admitting he breached coronavirus lockdown rules to visit his sister and parents. The defender was forced to issue an apology last month after media reports that he had hosted a party at his home. But Walker has hit back at the latest stories, insisting that he is being targeted and that the ongoing controversy is affecting his family's health. In a statement on his official Twitter feed, Walker wrote: "I have recently gone through one of the toughest periods of my life, which I take full responsibility for. "However, I now feel as though I am being harassed. "This is no longer solely affecting me, but affecting the health of my family and my young children too." Walker admitted contravening coronavirus regulations again by visiting Sheffield to see his sister and his parents -- for which he could be fined and cautioned by police."In relation to the events on Wednesday, I travelled to Sheffield to give my sister a birthday card and present, but also to speak to one of the few people I believe I can trust in my life," he said. "She hugged me to remind me that she cares and that I am loved. What am I meant to do -- push her away? "I then travelled to my parents' house to pick up some home-cooked meals. Again, it's been an extremely tough couple of months for them." He criticised the media for invading the privacy of his family, saying he constantly felt he was being followed. Aston Villa's Jack Grealish was forced to apologise in March after breaching lockdown rules, while Everton strongly criticised Moises Kean for hosting a party last month. Walker said the response to his actions had been disproportionate, raising mental health concerns and saying his family had been "torn apart" by the continuing scrutiny. Catch up on all the latest sports news and updates here. Also download the new mid-day Android and iOS apps to get latest updates. Mid-Day is now on Telegram. Click here to join our channel (@middayinfomedialtd) and stay updated with the latest news This story has been sourced from a third party syndicated feed, agencies. Mid-day accepts no responsibility or liability for its dependability, trustworthiness, reliability and data of the text. Mid-day management/mid-day.com reserves the sole right to alter, delete or remove (without notice) the content in its absolute discretion for any reason whatsoever Full Article
down COVID-19 Related Disruption Causes Franklin Templeton Mutual Fund to Wind-down Six Debt Schemes By feeds.equitymaster.com Published On :: Tue, 28 Apr 2020 00:00:00 GMT Posted by Equitymaster COVID-19 has started showing its impact on the mutual fund industry. Few days ago I mentioned in my article, Debt mutual funds witnessed massive outflows of Rs 1.95 trillion in the month of March. Though we could attribute most of that outflow to corporates redeeming funds to meet their quarter end obligations, high volatility and uncertainty as consequences of the pandemic could have also played a major hand in the redemption pressure for debt schemes. Join Now: PersonalFN is now on Telegram. Join FREE Today to get 'Daily Wealth Letter' and Exclusive Updates on Mutual Funds FII have been redeeming investments heavily in equity and debt segment ever since WHO declared COVID-19 a pandemic. In March, FIIs pulled out Rs 60,375 crore from the debt market. High redemption and lack of buying interest has made debt mutual fund schemes vulnerable, especially those with higher exposure to low rated instruments. --- Advertisement --- FREE Guide for You: Find the Next Crorepati Stock in this Futuristic IndustryTanushree Banerjee, the co-head of research, just shared her latest guide: Find the Next Crorepati Stock in this Futuristic Industry And she has agreed to make it available for free for a limited time. If you've not claimed your free copy, then do so now. It might not remain free for long. One more thing... Tanushree has also discovered one stock from this futuristic industry... which she strongly believes has the potential to make one Rs 1 crore or more in the long run. She'll reveal more details about this stock in her 'One Stock Crorepati MEGA Summit' We expect this to a huge event... with more than 10,000 people attending it LIVE. You simply can't miss it. Click Here to Download the Guide & Block Your Seat Now. It's Free. ------------------------------ This instability has claimed its first casualty in debt mutual funds... Franklin Templeton Mutual Fund (FTMF) has decided to wind down six of its debt schemes with effect from April 23, 2020 due to COVID-19 related market dislocation. This is something that is unheard of in the mutual fund industry and has perplexed many investors and advisors. The schemes that are wound up are: Franklin India Low Duration Fund Franklin India Dynamic Accrual Fund Franklin India Credit Risk Fund Franklin India Short Term Income Plan Franklin India Ultra Short Bond Fund Franklin India Income Opportunities Fund Together these schemes have an AUM of 30,854 crore as on March 31, 2020. Notably, these are the very schemes which in the past had to create segregated portfolio for its exposure to downgraded papers of Vodafone Idea and Yes Bank. What led to the move? According to a statement to investors from FTMF, "Despite several measures taken by the Reserve Bank of India (RBI), the liquidity in certain segments of the corporate bond markets has fallen-off dramatically and has remained low for an extended period. In this scenario, mutual funds are facing unprecedented liquidity challenges due to a variety of factors-rising redemption pressures due to heightened risk aversion, mark to market losses following a spike in yields and lower trading volumes in the bond markets. These factors have together caused a significant and worsening liquidity crunch for open-end mutual fund schemes investing in corporate credits across the credit rating spectrum." The schemes had to resort to continuous borrowing to fund redemptions during this time, and were unable to repay the borrowings through sale of portfolio securities due to the prevailing market environment. The Investment manager did not believe it was prudent to continue funding redemptions through potentially increasing levels of borrowings. -------------Advt.----------- If you wish to invest in a readymade portfolio of top recommended equity mutual funds based on the 'Core & Satellite' approach to investing, I recommend that you subscribe to PersonalFN's Premium Report, "The Strategic Funds Portfolio For 2025 (2020 Edition)". This premium report will help you build your optimum mutual funds portfolio for 2025 without any effort on your part. If you haven't subscribed yet, do it now! -------------------------------- FTMF follows a high-risk high-return strategy for the above mentioned funds - Meaning a major part of its portfolio is exposed to lower rated securities (rating below AAA). The market disruption due to the virus outbreak has impacted these securities the most. Under conditions of high redemption pressure, mutual funds sell their liquid assets to meet the demand, leaving the portfolio highly exposed to illiquid assets. Thus, investors who choose to stay invested are at a disadvantage here. Anticipating continued liquidity stress to the funds, the fund house thought winding up the scheme is the only viable option for the unitholders to minimize erosion of value. Table: Details of schemes being wound up (Source: Franklin Templeton Mutual Fund) What does it mean for investors of these schemes? Investors of these schemes will not be able to purchase/redeem investment, switch to other schemes or do systematic transactions. In short their funds will be locked. The fund will not charge any management fees for the funds that are being wound up. The fund house will rely on coupon payments, maturity value of underlying securities, and selling of securities at realisable value. While the fund house expects to realise most of the proceeds as per maturities, there may be some low rated securities that may even default on the due date. The fund house may create segregated portfolios for such securities and pay back as and when the money is realised. It will be prudent to check the average maturity of portfolios of each fund and expect major repayment within that period. What should investors in debt funds do? Debt mutual fund Investors are not as confident, due to incidents of exposure to toxic papers in the past. This event could make them even more wary about their investment in debt schemes. As a consequence, there may be some panic selling in other debt schemes by investors worried about their funds getting locked. However, instead of taking any hasty decisions, it would be a great idea to check your funds for the quality of assets it holds. Choose a fund house that follows prudent investment process and stringent risk-management system. In these uncertain times, it would be wise sticking to liquid funds and overnight funds for the fixed-income part of your portfolio. Alternatively, if you prefer safety of capital, invest in Bank fixed deposits. 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 The way ahead... While the fund house has done this to protect investors' interest, it has made the funds illiquid from the investors' point of view. Many investors may lose faith in debt funds for their short-term goals. Going further, investors may have to consider liquidity risk due to AMC action, while investing in any high credit risk oriented debt funds. It is time for the regulator to step up and clarify the illiquidity part for other debt schemes out there to investors. Moreover, it needs to provide a framework of strict guidelines to restrict fund managers from putting investors' hard-earned money at risk by exposing them to low rated securities for higher yield. Meanwhile, AMFI has assured investors that a majority of the fixed income fund assets is invested in superior credit quality securities, and the schemes have appropriate liquidity to ensure normal operations. It further stated that the industry remains fully committed to the investors' interests and there is no need for them to panic and redeem investments. Author: Divya Grover This article first appeared on PersonalFN here. Join Now: PersonalFN is now on Telegram. Join FREE Today to get 'Daily Wealth Letter' and Exclusive Updates on Mutual FundsPersonalFN 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. Full Article
down Will Mutual Fund Houses Act Against Companies Approaching Courts To Prevent Rating Downgrade Amidst COVID-19? By feeds.equitymaster.com Published On :: Wed, 29 Apr 2020 00:00:00 GMT 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: Franklin India Low Duration Fund Franklin India Dynamic Accrual Fund Franklin India Credit Risk Fund Franklin India Short Term Income Plan Franklin India Ultra Short Bond Fund Franklin India Income Opportunities Fund 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. --- Advertisement --- FREE Guide for You: Find the Next Crorepati Stock in this Futuristic IndustryTanushree Banerjee, the co-head of research, just shared her latest guide: Find the Next Crorepati Stock in this Futuristic Industry And she has agreed to make it available for free for a limited time. If you've not claimed your free copy, then do so now. It might not remain free for long. One more thing... Tanushree has also discovered one stock from this futuristic industry... which she strongly believes has the potential to make one Rs 1 crore or more in the long run. She'll reveal more details about this stock in her 'One Stock Crorepati MEGA Summit' We expect this to a huge event... with more than 10,000 people attending it LIVE. You simply can't miss it. Click Here to Download the Guide & Block Your Seat Now. It's Free. ------------------------------ 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. Join Now: PersonalFN is now on Telegram. Join FREE Today to get 'Daily Wealth Letter' and Exclusive Updates on Mutual Funds 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. --- Advertisement --- Corona Crash Alert: 7 Stocks You Absolutely Don't Want to Miss Our Co-Head of Research, Tanushree Banerjee, has identified 7 stocks that could do exceedingly well in the coming years riding on a rare economic event. And with the corona crash, this opportunity has only become even more exciting. And she says those who get into these 7 stocks right now have the chance to make potentially LIFE-CHANGING returns in the long run. So will you be among those who acts on this opportunity now? Or will you be among those who will kick yourself later not taking action now? The choice is yours. Full details on these 7 stocks are included in Tanushree's special report. And by acting fast, you can claim a copy of this report virtually FREE. Click here to find out how you can claim your FREE copy ------------------------------ 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! Join Now: PersonalFN is now on Telegram. Join FREE Today to get 'Daily Wealth Letter' and Exclusive Updates on Mutual Funds 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. Full Article
down How Quantum Multi Asset Fund of Funds Protects the Downside Risk By feeds.equitymaster.com Published On :: Fri, 8 May 2020 00:00:00 GMT Posted by Equitymaster The Indian equity markets are on a rollercoaster with the uncertainty surrounding the COVID-19 pandemic. It's been a nerve-racking experience for investors and wealth has been eroded. As we continue to battle COVID-19 with lockdown 3.0, on a year-to-date basis the S&P BSE Sensex is down -23.9% as of May 5, 2020, (see Table 1 below). Table 1: Wealth erosion across market cap segments Particulars S&P BSE SENSEX S&P BSE Mid-Cap S&P BSE Small-Cap All-time high (Dates) 20-Jan-20 9-Jan-18 15-Jan-18 All-time high level (in points) 42,273.87 18,321.37 20,183.45 Level as of Jan 1, 2020 (in points) 41,306.02 14,998.63 13,786.69 Level as of May 5, 2020 (in points) 31,453.51 11,391.21 10,649.61 YTD Return (%) -23.90% -24.10% -22.80% Correction since the all-time high (%) -25.60% -37.80% -47.20% Data as of May 5, 2020(Source: bseindia.com; PersonalFN Research) Balanced Hybrid Funds that are supposed to be balanced and protect downside risk have gone on to erode investors' wealth by seldom maintaining a 'fair balance' and displaying unreasonable love and exuberance for equities plus for taxation reason -- to be treated as an equity-oriented fund. (see Table 2 below). --- Advertisement --- FREE Guide for You: Find the Next Crorepati Stock in this Futuristic IndustryTanushree Banerjee, the co-head of research, just shared her latest guide: Find the Next Crorepati Stock in this Futuristic Industry And she has agreed to make it available for free for a limited time. If you've not claimed your free copy, then do so now. It might not remain free for long. One more thing... Tanushree has also discovered one stock from this futuristic industry... which she strongly believes has the potential to make one Rs 1 crore or more in the long run. She'll reveal more details about this stock in her 'One Stock Crorepati MEGA Summit' We expect this to a huge event... with more than 10,000 people attending it LIVE. You simply can't miss it. Click Here to Download the Guide & Block Your Seat Now. It's Free. ------------------------------ Similarly, many multi-asset funds that hold the mandate to invest with allocation across three asset classes i.e. equity, debt and gold with minimum 10% in each have posted negative returns (see Table 2 below). Table 2: Report card of Balanced Hybrid Funds and Multi-Asset Funds Scheme Name AuM (Cr) 3 Mths 6 Mths 1-Yr 2-Yr 3-Yr 5-Yr P2P Returns: Jan 1, 2020 To April 30, 2020 Balanced Hybrid Funds SBI Equity Hybrid Fund 26,924.55 -16.80% -13.20% -7.90% -0.50% 4.50% -12.10% ICICI Prudential Equity & Debt Fund 16,219.25 -17.20% -17.10% -14.07 -4.40% 0.50% 5.80% -16.10% HCDF Hybrid Equity Fund - Direct Plan 14,890.78 -15.20% -12.70% -12.20% -5.50% -2.10% 2.70% -15.00% Aditya Birla Sun Life Equity Hybrid 95 -19.20% -19.00% -17.20% -9.00% -3.10% 3.20% -17.20% 6,914.36 L&T Hybrid Equity Fund 5,405.22 -16.20% -14.90% -11.90% -6.40% -0.90% 4.90% -12.80% Multi Asset Funds ICICI Prudential Multi-Asset Fund 9,022.56 -14.50% -14.80% -12.10% -4.10% 1.00% 5.20% -13.90% UTI Multi Asset Fund 564.1 -11.80% -10.40% -6.80% -3.20% 0.30% 2.90% -7.10% SBI Multi Asset Allocation Fund 220.63 -3.60% -3.20% -6.20% 4.20% 5.60% 7.60% -1.70% HDFC Multi-Asset Fund 198.05 -10.30% -6.40% -4.00% -0.60% 2.20% 5.10% -8.60% Quantum Multi Asset Fund of Funds 16.23 -1.20% -0.90% -4.20% 5.00% 5.90% 7.30% -2.00% Benchmark: S&P BSE Sensex TRI - -22.00% -21.10% -17.50% -3.50% 3.00% 4.30% 22.90% Data as of April 30, 2020Growth Option and Direct Plan considered and the peer list is not exhaustive(Source: moneycontrol.com; advisorkhoj.com; PersonalFN Research) ICICI Prudential Multi-Asset Fund, HDFC Multi-Asset Fund, and UTI Multi-Asset Fund, in particular, have not lived up to the expectation and the trust evinced by investors (going by their AUM size). Not just are their recent returns amidst the outbreak of COVID-19 crisis unappealing, but even the 3-year and 5-year compounded annulaised return is nothing to vie for. This is because they haven't been able to sensibly allocate to the three key asset classes: equity, debt and gold, and play the investment strategy astutely. On the other hand, the Quantum Multi-Asset Fund of Funds (QMAFOF) has depicted true balance backed by its sensible investment strategy arrested the downside risk and relatively fared better vis-a-vis its peers over 3-year and 5-year time periods. --- Advertisement --- Corona Crash Alert: 7 Stocks You Absolutely Don't Want to Miss Our Co-Head of Research, Tanushree Banerjee, has identified 7 stocks that could do exceedingly well in the coming years riding on a rare economic event. And with the corona crash, this opportunity has only become even more exciting. 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Click here to find out how you can claim your FREE copy ------------------------------ The Quantum Multi-Asset under normal circumstances by maintaining 25%-65% exposure to units of equity schemes (vide Quantum Long Term Equity Value Fund, Quantum Nifty ETF); 25%-65% exposure to units of debt and money market instruments (vide Quantum Liquid Fund, Quantum Dynamic Bond Fund); 10%-20% in units of gold schemes (vide Quantum Gold ETF); and up to 5% in money market instruments, Short-term Corporate Debt securities, Tri-Party Repo, Repo/ Reverse Repo in Government securities and Treasury Bills has been able to generate modest, yet appealing returns than the rest, and mitigated the risk by diversifying across asset classes: equity, debt and gold. Historically it is proved that all classes never move in the same direction -- up or down -- at the same time. There could be times when certain asset classes perform better than the other and/or show an inverse relation to another (see Table 3). Table 3: Here's how various asset classes fared per calendar year Source: Bloomberg; Equity represents Sensex returns, Debt represents 10 year G-sec return, Gold represents domestic Gold spot price returns; *As on 31st March 2020Past Performance may or may not be sustained in future(Source: quantumamc.com) If your multi-asset fund strategically allocates between equity, debt, and gold sensing the pulse of each asset class, maintains balance, and takes calculated risk sensible wealth creation is possible. In the on-going COVID-19 crisis, equities will remain volatile, but given the sharp correction, there are and will be, enough long-term value-buying opportunities with a decent margin of safety. Gold in such uncertain times would continue to gain all the attention. Easy monetary policy action and accommodative stance to address growth concerns, a record-high debt-to-GDP ratio, trade war tensions, geopolitical tensions, the potential risk to the inflation trajectory mainly due to food prices, increased stock market volatility, and the U.S. Presidential election in November 2020 are some of the factors expected to work in favour of gold. The precious yellow metal will demonstrate its trait of being a portfolio diversifier, a hedge (when other asset classes fail to post alluring returns), and command a store of value. And speaking of debt & money market instruments, with exposure to highly rated papers and predominantly government securities, will act as a stabilizer. A unique aspect of QMAFOF is that it has always taken relative valuations between asset classes into consideration, such as: Price-to-Earnings relative to historical averages; The relationship between earning yield to bond yield relative to historical averages; and Macroeconomic factors prevailing globally and within India It is this wide-ranging and sensible approach that has helped QMAFOF to protect against the downside risk and reward its investors better than many of its peers. The fund managers, Mr Chirag Mehta (MMS - Finance, M.Com, and CAIA with over 13 years' experience in research and investments) and Mr Nilesh Shetty (B.Com, MMS -Finance, and CFA with collectively 16 years in equity markets), have strategically moved in and out of the aforesaid asset classes wisely recognising their upswings and downswings. [Read: Why Tactically Invest Across Asset Classes amidst COVID-19 with Quantum Multi-Asset Fund Of Funds] The choice is completely yours: to stay invested in a 'Balanced Hybrid Fund'/ Multi-Asset Fund that does not show true balance and keep harming your health and wealth; or make a sensible move and switch over to Quantum Multi Asset Fund of Funds that is truly balanced and has sensibly generated wealth for investors without the shrieking experience of a rollercoaster. Wish to invest in Quantum Multi Asset Fund of Funds? Click here. Happy Investing! Join Now: PersonalFN is now on Telegram. Join FREE Today to get 'Daily Wealth Letter' and Exclusive Updates on Mutual Funds 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. Full Article
down COVID-19 lockdown: Tennis babe Ashleigh Barty is happy for family time By www.mid-day.com Published On :: 28 Apr 2020 02:45:49 GMT Australia's World No. 1 tennis ace Ashleigh Barty, 24, likes to see the positives in life even in the most negative situations. The French Open champ, currently at home Down Under due to the Coronavirus-caused lockdown, says there is no point in stressing over the uncontrollables. "Everyone is in a unique situation, depending on what country they're from and all the governing bodies making different decisions. It's not a time to worry or stress about because it's something out of our control. There's always a silver lining, there's always something we could be grateful for, to be happy about. For me, it's being able to spend time with my family," Ashleigh told the WTA Tour website. Meanwhile, Ashleigh has kept in touch with some of her friends on the Tour. "I spoke to Kiki [Bertens] and Jule [Goerges] and Simona [Halep] and Petra [Kvitova]. It's just to check it they and their families are fine. Firstly, it's always about health and looking after yourself and your family, and then sports is a bonus. This is a time where we can really appreciate the little things." Catch up on all the latest sports news and updates here. Also download the new mid-day Android and iOS apps to get latest updates. Mid-Day is now on Telegram. Click here to join our channel (@middayinfomedialtd) and stay updated with the latest news Full Article
down Maria Sharapova and boyfriend break lockdown rules to visit friends By www.mid-day.com Published On :: 28 Apr 2020 03:10:47 GMT Russian tennis ace Maria Sharapova has allegedly flouted the strict Coronavirus-caused lockdown rules in the US, where over 55,000 have died due to the pandemic. According to British tabloid, The Sun, Maria, 32, recently visited some friends around Los Angeles with boyfriend Alexander Gilkes, 41, whom she has been dating since 2018. Maria was photographed on Friday, relaxing on a balcony alongside another couple at a Manhattan beach pad. The quartet were in clear breach of the two-metre social distancing norm that has been laid down by the authorities in LA where there have been 850 COVID-19 deathstill date. A few days ago, Maria had announced on Instagram that she was heading to a friend's beach house. "Last night, we took a sunset road trip along PCH, picked up lobster brioche rolls from @broadstreetoysterco drive thru and made our way to a friend's beach house," the 2004 Wimbledon champion wrote. Catch up on all the latest sports news and updates here. Also download the new mid-day Android and iOS apps to get latest updates. Mid-Day is now on Telegram. Click here to join our channel (@middayinfomedialtd) and stay updated with the latest news Full Article
down Tennis babe Elina Svitolina has this on the top of her list during lockdown By www.mid-day.com Published On :: 29 Apr 2020 02:50:06 GMT Ukrainian tennis champion Elina Svitolina is keen to try new things during this Coronavirus-caused lockdown and hosting a TV show is on top of her list, according to tennisworldusa.org. "I recently tried a completely new sphere. I have very long prepared for interviews and understand that it is not an easy job, especially for those people who are not in this area. I really liked it. Maybe in the future I want to do some TV show. It is interesting to me, and I think that now there is time to try something new," said the World No. 5 tennis ace. Elina, 25, who is currently in lockdown with her Frennis tennis star boyfriend, Gael Monfils, 33, is also completingher online education. "I had to work hard to pull up on my French. I already know some of it, as I had learnt it before but now I'm doing an intensive mode. I am left with two tests: training on nutrition and I also want to take a course in psychology or fitness. This is what I want to do," added the 2018 WTA Finals champion. Catch up on all the latest sports news and updates here. Also download the new mid-day Android and iOS apps to get latest updates. Mid-Day is now on Telegram. Click here to join our channel (@middayinfomedialtd) and stay updated with the latest news Full Article
down Serena Williams' boss baby Olympia loves meetings during COVID-19 lockdown By www.mid-day.com Published On :: 5 May 2020 02:59:11 GMT American tennis ace Serena Williams, a successful entrepreneur with fashion labels, handbags and jewelry lines to her name, believes her daughter Alexis Olympia, two, could grow up to be a good businesswoman. Serena, currently in lockdown due to the COVID-19 pandemic, is busy working from home with her little girl by her side throughout—even during online meetings. "I love being a full-time mom and not having the responsibilities to travel and play. I love to spend so much time with her but it's interesting. She's in every single call that I have, every single meeting. I feel like she's getting a little bit of it, so she's going to be a really good businesswoman when this is all over," the 23-time Grand Slam champion told USA's People magazine. The former World No. 1 offered some valuable parental advice too. "You should schedule your day well, and always include your kids. They are the voice of the future. It's like we're living a future history lesson and that's rare. My advice to parents is to always bring your kids in. You never know what they're going to pick up," added Serena, 38. Catch up on all the latest sports news and updates here. Also download the new mid-day Android and iOS apps to get latest updates. Mid-Day is now on Telegram. Click here to join our channel (@middayinfomedialtd) and stay updated with the latest news Full Article
down Leander Paes stresses on learning something new during lockdown By www.mid-day.com Published On :: 5 May 2020 08:45:56 GMT Tennis legend Leander Paes, who made a guest appearance on the Education Webinar for Coaches, jointly organised by the All India Tennis Association (AITA) and the Sports Authority of India (SAI), on Monday said it is key to focus on learning new skills during the lockdown period. The country has been under lockdown for more than a month now to curb the menace of COVID-19 pandemic. "It is important to focus on learning new skills during the lockdown", Paes said on how to best utilise this time away from tennis action and keep yourself active and mentally fit, as quoted by AITA's official website. The 18-time Grand Slam champion also spoke on what keeps him going even at the age of 46. "For me, the relationships that I have had through tennis are the things that I cherish the most. "Those relationships over generations are what's special. Paes recalled old relationships and had very special words for R.K.Khanna and Anil Khanna. "When I started playing tennis, R.K Khanna was the President of the AITA. I would not be who I am today without Khanna because he actually helped me in the Juniors, as a 14 or 15 year-old. "He helped me get into the ITF Junior team. At that point, my family could not afford all the international coaching. And then after that Anil Khanna who was the President, took over the mantle of support." Paes also thanked others including Bishwadeep, AITA CEO for having been there over the last two decades in Davis Cup ties that Paes had played, always being there to give support. Paes signed off from the Webinar with a message to coaches saying, "Greatest joy you can have is to see your students do well at tennis. Use the sport as a vehicle to make them good human beings." The Webinar, now in its second week, will have a session of "Coaching Young Children and Young People" by Kawaljeet Singh and Miguel Crespo from the International Tennis Federation will join as the guest speaker. Catch up on all the latest sports news and updates here. Also download the new mid-day Android and iOS apps to get latest updates. Mid-Day is now on Telegram. Click here to join our channel (@middayinfomedialtd) and stay updated with the latest news This story has been sourced from a third party syndicated feed, agencies. Mid-day accepts no responsibility or liability for its dependability, trustworthiness, reliability and data of the text. Mid-day management/mid-day.com reserves the sole right to alter, delete or remove (without notice) the content in its absolute discretion for any reason whatsoever Full Article
down Did Novak Djokovic break lockdown rules after playing at a club? By www.mid-day.com Published On :: 6 May 2020 02:40:18 GMT Novak Djokovic has apparently broke confinement rules in Spain by going back to a tennis court. Djokovic posted a video on Instagram showing him exchanging shots with another man at a tennis club in the coastal city of Marbella, where the Serb has reportedly stayed. Djokovic filmed the video while hitting shots and wrote he was "so happy to play on clay...well, just for a bit with my phone in the hands." Spain on Monday loosened some of the lockdown measures that had been in place since mid-March because of the COVID-19 pandemic, allowing professional athletes to return to practice. But sports facilities are supposed to remain closed at least until next week in most parts of the country, with the exception of training centres for teams in professional leagues in sports such as soccer. The Spanish tennis federation said in a statement on Monday that professional players in Spain were allowed to exercise by themselves or with a coach, but not yet on a tennis court. It said it would work on a set of guidelines to inform players and clubs about what they would be permitted to do beginning next week.The federation's statement did not appear to be related to Djokovic's appearance on the court in Marbella. Requests for comment made to the federation and to Djokovic's staff late on Monday were not immediately answered. It was not clear if Djokovic, the reigning Australian Open would be subjected to fines or sanctions if it was confirmed he broke the lockdown rules. The No. 1-ranked Djokovic recently said he was against taking an anti-Coronavirus vaccination if it became mandatory to travel once the pandemic subsides, though he later said he was open to changing his mind. Catch up on all the latest sports news and updates here. Also download the new mid-day Android and iOS apps to get latest updates. Mid-Day is now on Telegram. Click here to join our channel (@middayinfomedialtd) and stay updated with the latest news This story has been sourced from a third party syndicated feed, agencies. Mid-day accepts no responsibility or liability for its dependability, trustworthiness, reliability and data of the text. Mid-day management/mid-day.com reserves the sole right to alter, delete or remove (without notice) the content in its absolute discretion for any reason whatsoever Full Article
down Spanish club sorry for letting Novak Djokovic train amid lockdown By www.mid-day.com Published On :: 7 May 2020 02:35:19 GMT The tennis club where Novak Djokovic broke confinement rules in Spain has said it mistakenly allowed the top-ranked Serb to practice and apologized for the error. Djokovic published a video of him training on Monday in apparent violation of Spain's current rules amid the coronavirus pandemic. The video posted on Instagram showed Djokovic exchanging shots with another man at the club in the coastal city of Marbella, where the Serb has been staying for the past several weeks. Djokovic filmed the video while hitting shots and wrote he was "so happy to play on clay .. well, just for a bit with my phone in the hands. Spain has eased some of the lockdown measures that had been in place since mid-March, allowing professional athletes to return to practice, but most training centers and sports facilities must remain closed until next week. We are sorry that our interpretation of the regulation could have been erroneous, and this could have inconvenienced Mr. Djokovic or any other citizen acting in good faith," the Puente Romano Marbella Tennis Club said in a statement. The statement, which was relayed by Djokovic's management team, said the club received a request from the player to practice and gave him the go-ahead with the "understanding that from May 4 all professional sports players were authorized to train." The club said it therefore believed he was "permitted to train in our facilities." It said it later received a "clarification" from the Spanish tennis federation and "both parties have agreed that training should resume" only next week. Rafael Nadal said he also went to train on a court this week, but he did it on private property because the rules weren't fully clear to him. Soccer players were among the exceptions who could start training inside sports facilities beginning this week. Spain has been one of the countries most affected by the pandemic but it started loosening some of its restrictions on movement as the number of confirmed cases of COVID-19 started to go down recently. The nation went into a lockdown on March 14. Djokovic recently said he was against taking a vaccine for the coronavirus if it became mandatory to travel once the pandemic subsides, though he later said he was open to changing his mind. Catch up on all the latest sports news and updates here. Also download the new mid-day Android and iOS apps to get latest updates. Mid-Day is now on Telegram. Click here to join our channel (@middayinfomedialtd) and stay updated with the latest news This story has been sourced from a third party syndicated feed, agencies. Mid-day accepts no responsibility or liability for its dependability, trustworthiness, reliability and data of the text. Mid-day management/mid-day.com reserves the sole right to alter, delete or remove (without notice) the content in its absolute discretion for any reason whatsoever Full Article
down Twitter shutting down most of its TV apps: Report By www.mid-day.com Published On :: 24 May 2018 00:43:19 GMT After killing off apps used by a minority of its userbase including the "Twitter for Mac", the micro-blogging site is shutting down its TV apps on Roku, Android TV and Xbox from May 24. "On Thursday, May 24, Twitter for Roku, Twitter for Android TV and Twitter for Xbox will no longer be available. To get the full Twitter experience, visit https://twitter.com on your device or desktop," the microblogging website tweeted. This is due to the dismal feedback that users gave because these Twitter apps did not allow them to tweet from their account or fully interact with the Twittersphere in general, The Verge reported. A report in Tech Crunch, however, said that Twitter has made the decision to kill off these apps as the micro-blogging platform works towards GDPR compliance. "In addition, neither Xbox or Roku support a standard regularly supported video player, which made them more difficult to maintain. That also came into play with this decision," the report said. As compared to other TV apps like Netflix, Twitter lacked on the "exclusive video content" front as well. Twitter for tvOS (Apple TV) and Twitter for Amazon Fire TV will continue to be available. Catch up on all the latest Crime, National, International and Hatke news here. Also download the new mid-day Android and iOS apps to get latest updates This story has been sourced from a third party syndicated feed, agencies. Mid-day accepts no responsibility or liability for its dependability, trustworthiness, reliability and data of the text. Mid-day management/mid-day.com reserves the sole right to alter, delete or remove (without notice) the content in its absolute discretion for any reason whatsoever. Full Article
down Twitter was down for a while on Saturday By www.mid-day.com Published On :: 27 May 2018 18:21:15 GMT Twitter became unavailable for many users after the site stopped working at about 3.20 p.m. EST on Saturday, media reported. According to Down Detector, the outages were mostly reported along the East Coast of the US and in western Europe. The Twitter outage map showed very little outages on the West Coast of the US, Newsweek reported on Saturday. When users visited Twitter on Saturday, they were greeted with an error message -- "something is technically wrong. Thanks for noticing-we're going to fix it up and have things back to normal soon", the report said. "Twitter doesn't work on the tablet either have to do this from my phone. Won't load my tweets but is logged into my account," one Down Detector user wrote. "Omg why are my twitter notifications not working," another said. Twitter appeared to be down across platforms; both for iOS and android as well as desktop and third-party sites like Tweetdeck. Around 3.40 p.m., many users reported that Twitter started working again, the report said. Catch up on all the latest Crime, National, International and Hatke news here. Also download the new mid-day Android and iOS apps to get latest updates This story has been sourced from a third party syndicated feed, agencies. Mid-day accepts no responsibility or liability for its dependability, trustworthiness, reliability and data of the text. Mid-day management/mid-day.com reserves the sole right to alter, delete or remove (without notice) the content in its absolute discretion for any reason whatsoever. Full Article
down Lockdown Diaries: Smriti Mandhana sleeps 10 hours, watches movies, plays ludo, works out By www.mid-day.com Published On :: 13 Apr 2020 07:31:16 GMT Working out, washing utensils, watching movies and playing Ludo online -� these are some of the few activities which ace Indian batter Smriti Mandhana is indulging during the lockdown period in place as the country battles the coronavirus outbreak. In a one-minute 38 second video shared by the BCCI, Mandhana has revealed her day to day activities in order to make sure how she makes the most of the lockdown period currently in place in the entire country. WATCHð½ï¸Â: Lockdown Diaries with Smriti Mandhana ðÂÂÂWorkouts, troubling her brother, Ludo & a lot more. @mandhana_smriti reveals how she is keeping herself engaged indoorsð ðÂÂÂï¸ÂâÂÂï¸ÂðÂÂÂFull Video ð https://t.co/e7EyhdNh3h — BCCI (@BCCI) April 13, 2020 She is working out as per the training schedule given by Team India trainer. "Staying fit is very important, so I am working out. I keep in touch with the trainer and receive the feedback. He keeps sending us (all Indian players) all the workouts that we need to follow." "The other thing I like is spending time with my family. We love playing cards. I help my mother with cooking. I guess washing utensils has become a part of my daily routine. However, my favourite pass time is to trouble my brother," said the left-handed Indian batswoman. "The third thing which is love is watching movies. I am a big movie buff. So, I make sure I watch two-three movies a week, not many because I don't want to get addicted. I want to spend time with my family. "The best thing which I love doing the most at home is sleeping. I make sure I sleep for at least 10 hours to keep myself happy the entire day," she added. The star Indian batswoman also urged people to stay indoors during the lockdown. "Stay home, stay safe and keep yourself physically and mentally fit." India has been in lockdown since March 25, a step taken in order to stop the spread of coronavirus which has so far claimed more than 300 lives in the country. However, with an upstage in number of infected people, the lockdown is likely to be extended further after Tuesday. Catch up on all the latest sports news and updates here. Also download the new mid-day Android and iOS apps to get latest updates. Mid-Day is now on Telegram. Click here to join our channel (@middayinfomedialtd) and stay updated with the latest news This story has been sourced from a third party syndicated feed, agencies. Mid-day accepts no responsibility or liability for its dependability, trustworthiness, reliability and data of the text. Mid-day management/mid-day.com reserves the sole right to alter, delete or remove (without notice) the content in its absolute discretion for any reason whatsoever Full Article
down Brazilian model gets batting tips from her coach boyfriend during lockdown By www.mid-day.com Published On :: 14 Apr 2020 03:00:22 GMT With people finding various ways to spend time during quarantine amid the Coronavirus pandemic, a Brazilian model challenged her cricket coach boyfriend to teach her how to bat during the 21-day isolation period. And they are doing it. According to a report in dailymail.co.uk, Coco Cuhna suggested her boyfriend Gio Colucci that it might be fun to see if he could show her how to bat. "I was joking...he took it very seriously," Coco said. "I thought Oh my gosh, what have I got myself in for!" Coco revealed she is spending 25 minutes a day learning how to pull, cut and drive from Gio, who is a director at The Cricket Academy in Cape Town, South Africa and has coached the likes of England batsman Tom Wesley, Derbyshire captain Billy Godleman and Ben Curran, brother of England duo Tom and Sam. "I had never had any contact with cricket before, I never even knew about it before I moved to South Africa," said the Brazilian model. However, after a fortnight, Coco is now enjoying the drill. Catch up on all the latest sports news and updates here. Also download the new mid-day Android and iOS apps to get latest updates. Mid-Day is now on Telegram. Click here to join our channel (@middayinfomedialtd) and stay updated with the latest news This story has been sourced from a third party syndicated feed, agencies. Mid-day accepts no responsibility or liability for its dependability, trustworthiness, reliability and data of the text. Mid-day management/mid-day.com reserves the sole right to alter, delete or remove (without notice) the content in its absolute discretion for any reason whatsoever Full Article
down Shikhar Dhawan looking to fine-tune musical skills amidst lockdown By www.mid-day.com Published On :: 15 Apr 2020 03:58:48 GMT The current lockdown has seen people restricted indoors and many are picking up new hobbies. Energetic India opener Shikhar Dhawan on Tuesday revealed he is trying his hand at playing a flute and honing his overall musical skills."Playing a musical instrument, the vibrations you can feel inside your body. Music gives you peace and everybody should try to learn how to play a musical instrument now especially because we have so much time to spend at home due to the lockdown," Dhawan said while chatting with India middle-order batsman Shreyas Iyer on Instagram Live.The dashing southpaw also played the flute on Iyer's request.Dhawan picked Dale Steyn as the most difficult bowler he has faced along with off-spinners on turning wickets.Asked to pick his most special knock, Dhawan chose the match-winning hundred against Australia in the 2019 World Cup."Mardo walli feeling aayi (it was a big daddy innings)," Dhawan said.Dhawan had slammed 117 off 109 balls against the defending champions at The Oval on June 10 as India won by 36 runs. That turned out to be the final tie he played as he was ruled out with a thumb fracture for the remainder of he competition.India crashed out in the semi-finals, losing to New Zealand. Catch up on all the latest sports news and updates here. Also download the new mid-day Android and iOS apps to get latest updates. Mid-Day is now on Telegram. Click here to join our channel (@middayinfomedialtd) and stay updated with the latest news This story has been sourced from a third party syndicated feed, agencies. Mid-day accepts no responsibility or liability for its dependability, trustworthiness, reliability and data of the text. Mid-day management/mid-day.com reserves the sole right to alter, delete or remove (without notice) the content in its absolute discretion for any reason whatsoever Full Article
down How Mumbai's India all-rounder Shivam Dube maintains competitive mindset during lockdown By www.mid-day.com Published On :: 19 Apr 2020 01:55:15 GMT Binge watching has become the most common activity in the Coronavirus-forced lockdown. Mumbai's India all-rounder Shivam Dube is no different than the rest but his choice is rather unusual. Dube, 26, who was drafted in the Indian team in place of injured Hardik Pandya (India v Bangladesh T20I series in November 2019), has been watching India's World Cup title campaigns spearheaded by MS Dhoni, for motivation. India lifted the inaugural World T20 trophy in 2007 and the 50-over World Cup in 2011. "To keep my mindset healthy, I am watching India's two World Cup titles. They inspire me and provide me a pathway for what I can do for my country in the future. It keeps me motivated," Dube told Sunday mid-day on Saturday. All-rounder Shivam Dube (right) with father Rajesh, mother Madhuri and sister Pooja at their Andheri East residence on Saturday "I watched the 2011 ODI World Cup final many times because I am confident India can do it again [in 2023]. I also watched the T20 World Cup games several times. I think India are the best team in any format. I am sure we can win these two World Cups again," said Dube, who has featured in 13 T20Is and one ODI. Dube is working hard on his fitness at his Andheri East home. He was part of the Royal Challengers Bangalore team in the last IPL, where he scored 40 runs in four games. He was looking forward to playing the IPL again but it has been indefinitely suspended. "I am missing everything of the IPL. It's difficult but we don't have a choice. We have to stay home and fight the virus," remarked Dube. But there are positives: "I am with my family after a long time, so I am helping my mother, father and sister as much as I can with household chores. I sometimes help my mother with cooking and cleaning. This also helps in bonding." Catch up on all the latest sports news and updates here. Also download the new mid-day Android and iOS apps to get latest updates. Mid-Day is now on Telegram. Click here to join our channel (@middayinfomedialtd) and stay updated with the latest news Full Article
down Sachin Tendulkar cuts his own hair at home in Mumbai amid lockdown By www.mid-day.com Published On :: 20 Apr 2020 08:04:18 GMT Amid the nationwide lockdown due to coronavirus crisis, former Indian cricketer Sachin Tendulkar on Sunday cut his own hair and said he went from 'playing square cuts to doing my own hair cuts'. Tendulkar took to Instagram and shared pictures of him doing his own haircut. View this post on Instagram From playing square cuts ð to doing my own hair cuts ðÂÂÂð»âÂÂï¸Â, have always enjoyed doing different things. âªHow’s my new hairdo ðÂÂÂð»âÂÂï¸Â looking @aalimhakim & @nandan_v_naik? ð A post shared by Sachin Tendulkar (@sachintendulkar) onApr 19, 2020 at 4:59am PDT "From playing square cuts to doing my own hair cuts, have always enjoyed doing different things. How's my new hairdo looking @aalimhakim and @nandan_v_naik," Tendulkar captioned the post. Prime Minister Narendra Modi on April 14 announced the extension of lockdown till May 3 in an attempt to contain COVID-19. According to the latest update by the Ministry of Health and Family Welfare, the total number of positive cases in India has mounted to 16,116 and 519 deaths have been reported till now. Catch up on all the latest sports news and updates here. Also download the new mid-day Android and iOS apps to get latest updates. Mid-Day is now on Telegram. Click here to join our channel (@middayinfomedialtd) and stay updated with the latest news This story has been sourced from a third party syndicated feed, agencies. Mid-day accepts no responsibility or liability for its dependability, trustworthiness, reliability and data of the text. Mid-day management/mid-day.com reserves the sole right to alter, delete or remove (without notice) the content in its absolute discretion for any reason whatsoever Full Article
down COVID-19 lockdown: Prithvi Shaw busy with kitchen work, playing PUBG By www.mid-day.com Published On :: 23 Apr 2020 03:09:32 GMT With the entire world currently fighting the coronavirus pandemic, athletes across sports are utilising time to make the most out of the forced break. Delhi Capitals opener Prithvi Shaw recently revealed what he has been spending time during the nationwide lockdown. "I've been working out a bit indoors and shadow practicing to maintain my fitness levels. I've also been helping my father in the kitchen. I can cook eggs quite well and I'm trying to learn a few new things. I've been playing some PUBG too," Shaw said on Tuesday during an Instagram LIVE session on the franchise's official handle. Talking about the importance of mental health in such unprecedented times, Shaw said: "Mental strength is very important at this time, given that we are all restricted indoors. A lot of us don't have patience for things in life, so now is a great time to work on it." "Everyone should find something to do that they like, and work towards perfecting that. That process in itself will help one grow calmer and become more patient." Shaw also spoke about the 2019 season of the Indian Premier League (IPL) where Delhi Capitals finished third, having made it to the play-offs after a seven-year gap. "On and off the field, our team was like a family," he said. "We had Ricky (Ponting) Sir, Dada (Sourav Ganguly), (Mohammad) Kaif Sir to help us with anything – the environment was perfect." When asked to recall a funny anecdote from the season gone by, Shaw spoke about how Ponting had once scared him by ordering him to take ten rounds of the Feroz Shah Kotla as he had reported slightly late for a pre-training team meeting. "I was looking for some new spikes in the dressing room that day and reached the ground a bit late," he said. "I completed the entire training -- fielding and batting sessions -- and had no energy left to run ten rounds of the ground. Luckily, I didn't have to. Turns out Ricky Sir just wanted to scare me off for my late attendance that day!" The 20-year-old, who spent a part of 2019 serving a doping ban, reflected on his time away from the game and the lessons learnt. "It was a mistake. And the period away from cricket was a torture," he said. "Doubts and questions arise, but I kept the faith and belief. I spent some time in London where I was working on my fitness, as I wasn't allowed to bat anywhere. "When the ban got over, and I returned to domestic cricket, I was hungrier than before. I picked up my bat and realised I hadn't lost my touch at all. If anything, that time off made me a more determined person," he added. Catch up on all the latest sports news and updates here. Also download the new mid-day Android and iOS apps to get latest updates. Mid-Day is now on Telegram. Click here to join our channel (@middayinfomedialtd) and stay updated with the latest news This story has been sourced from a third party syndicated feed, agencies. Mid-day accepts no responsibility or liability for its dependability, trustworthiness, reliability and data of the text. Mid-day management/mid-day.com reserves the sole right to alter, delete or remove (without notice) the content in its absolute discretion for any reason whatsoever Full Article
down Coronavirus lockdown: Cricketer Shikhar, wife Ayesha bat against domestic violence By www.mid-day.com Published On :: 28 Apr 2020 02:01:58 GMT India opener Shikhar Dhawan and wife Ayesha on Monday put out a video on social media to send an important message regarding domestic violence. With people staying at home amid coronavirus lockdown, reports of domestic violence have also come out a lot more in recent times. While I enjoy my time at home with my loving family, I am truly disheartened and sad to hear about domestic violence still existing in today's time & we need to put an end to it. Choose a kind and loving partnership and say no to violence. ð pic.twitter.com/ulh1zb0zmY — Shikhar Dhawan (@SDhawan25) April 27, 2020 Dhawan, who is currently spending time with his family during the lockdown period, urged people to put an end to this social evil by choosing the right partner for themselves. His Twitter post read: "While I enjoy my time at home with my loving family, I am truly sad and disheartened and sad to hear about domestic violence still existing in today's time and we need to put an end to it. Choose a kind and loving partnership and say no to violence." India is currently on a nationwide lockdown till May 3 as a precautionary measure against the spread of coronavirus. In India, more than 27,000 people have been infected by the virus so far while in excess of 850 individuals have lost their lives. In normal circumstances, Dhawan would currently be playing for Delhi Capitals in the 13th edition of the Indian Premier League (IPL) but due to the pandemic the tournament has been postponed indefinitely by the Board of Control for Cricket in India (BCCI). Catch up on all the latest sports news and updates here. Also download the new mid-day Android and iOS apps to get latest updates. Mid-Day is now on Telegram. Click here to join our channel (@middayinfomedialtd) and stay updated with the latest news This story has been sourced from a third party syndicated feed, agencies. Mid-day accepts no responsibility or liability for its dependability, trustworthiness, reliability and data of the text. Mid-day management/mid-day.com reserves the sole right to alter, delete or remove (without notice) the content in its absolute discretion for any reason whatsoever Full Article
down Lockdown diaries: Shreyas Iyer saves an egg, catches TV remote, collects clothes from washing machine By www.mid-day.com Published On :: 4 May 2020 03:04:00 GMT India cricketer Shreyas Iyer has been entertaining his fans both on and off the field. In order to make things a bit positive during the COVID-19 pandemic, Shreyas Iyer shared a fun video on Instagram. On Sunday, Iyer posted a video for his 2.3 million Instagram followers and captioned it: "Fielding practice is everywhere you look." View this post on Instagram Fielding practice is everywhere you look ð A post shared by Shreyas Iyer (@shreyas41) onMay 3, 2020 at 12:30am PDT In the video, Shreyas Iyer is seen diving to save an egg, catching the remote control of his TV, arranging chairs quickly and even collecting clothes thrown out of the washing machine. One could hear American rapper Tyga's song, Bored, playing in the background. Shreyas Iyer, born in Mumbai, made his debut for India in 2017. He has since played 18 ODIs and 22 T20Is. Shreyas Iyer is also the captain of the IPL franchise Delhi Capitals. Catch up on all the latest sports news and updates here. Also download the new mid-day Android and iOS apps to get latest updates. Mid-Day is now on Telegram. Click here to join our channel (@middayinfomedialtd) and stay updated with the latest news Full Article
down Labuschagne: We would be devastated if Kohli and Co can't tour Down Under By www.mid-day.com Published On :: 5 May 2020 02:40:08 GMT Top Australian batsman Marnus Labuschagne on Monday said that he and his team would be "pretty devastated" if India don't make the trip Down Under for a Test and limited-overs series later this year due to the COVID-19 pandemic. India's tour of Australia will begin with a T20 tri-series in October and is scheduled to end with a four-match Test series in December. The speculation about the tour is due to the travel restrictions currently in place and the uncertainty surrounding how long it would take to control the pandemic. Replying to a query on the tour in an online press conference, Labuschagne said: "Well, it would mean that we are not playing cricket which is pretty devastating for myself, the rest of the team and for the country." In between, there is the T20 World Cup, scheduled for an October 18 start, but the mega event's future is also shrouded in uncertainty due to the global crisis. Australia has reported significant drop in positive cases with parts of the country relaxing lockdown rules. Just over 6,800 people have tested positive for the virus with less than 100 deaths in the country so far. Labuschagne lauded Australia's healthcare system and its response to the crisis so far. "Australia has done very well with the quarantine and isolation, so we've been able to get our number down relatively quickly. With a limited amount of deaths and our healthcare system has been so good during this time," he said. Labuschagne, currently placed at No.3 in ICC Test rankings after a brilliant year, hoped that Australia's control over the pandemic would be enough to ensure that India tour without any hassles. "Hopefully, because of all that good work we can actually get India over here in 3-4 months or 4-5 months," he said. "Everything is changing so quickly, so it's really hard to put my finger on how everything's going to pan out. Hopefully, it pans out well but if it doesn't it will be very disappointing." In the meantime, Labuschagne, who has enjoyed a breakout year in Tests and ODIs, is working on sharpening his skills during this forced break. "The way things have unfolded has been awesome. For me it's been about, one, taking it all in and being really happy and proud of that," Labuschagne said. "But also then looking at, 'righto, how I can get better?' and looking at different parts of your game on and off the field that you can work on to make sure you're continually getting better," he added. Catch up on all the latest sports news and updates here. Also download the new mid-day Android and iOS apps to get latest updates. Mid-Day is now on Telegram. Click here to join our channel (@middayinfomedialtd) and stay updated with the latest news This story has been sourced from a third party syndicated feed, agencies. Mid-day accepts no responsibility or liability for its dependability, trustworthiness, reliability and data of the text. Mid-day management/mid-day.com reserves the sole right to alter, delete or remove (without notice) the content in its absolute discretion for any reason whatsoever Full Article
down How is Virat Kohli keeping himself busy in lockdown? Being positive and happy By www.mid-day.com Published On :: 7 May 2020 05:52:09 GMT Star Sports, India’s leading broadcaster, through their show Cricket Connected, has used the power of technology to engage with cricket fans and bring them voices of the world’s best former and current cricketers. On this week’s episode, Indian captain Virat Kohli will be interacting with host Jatin Sapru and a few of his young fans who will pepper King Kohli with questions, especially around what has been doing during the government-mandated nation-wide lockdown period. This is an enjoyable format to engage with cricket fans and legends of the game through easy-going conversations. With the lockdown extended for another two weeks, cricket fans now have an opportunity to catch Captain Kohli as he talks about daily routine at home and how he is keeping himself busy. The skipper also speaks about the importance of staying at home, finding motivation and focusing on fitness and training despite the limited conditions. Captain Virat Kohli said on Star Sports’ show Cricket Connected, “I am keeping myself positive and happy and just looking forward in life so that whenever I return to the game, I know I will be in a good position to start from where we left.” While speaking to his fans, Virat Kohli also talks about the things he misses while staying at home like the IPL, the excitement the tournament brings for the players and the fans and the magical moments that are created. Virat even answers a few questions asked by his young fans around his unflappable mindset during batting, Virat emphasizes on how important it is to have a proper mindset especially while playing a sport, sending a strong message to all the young cricket aspirants in the country. On the episode, captain Kohli also catches up team mate Yuzvendra Chahal and reminisces their comradery. Catch up on all the latest sports news and updates here. Also download the new mid-day Android and iOS apps to get latest updates. Mid-Day is now on Telegram. Click here to join our channel (@middayinfomedialtd) and stay updated with the latest news Full Article
down Furious US president lashes out at media; claims 'total' power to end lockdown By www.mid-day.com Published On :: 15 Apr 2020 01:35:49 GMT A furious US President Donald Trump on Monday accused the American media of giving unfair coverage to his fight against the Coronavirus and played video clips appreciating his administration's efforts in containing the spread of COVID-19 pandemic in the country. "I mean, if you had libel laws, they (the media) would have been out of business even before they'll end up going out of business. So it's too bad," Trump told reporters during his White House news conference on Coronavirus. "We really have done this right. The problem is the press doesn't cover it the way it should be," he said. He alleged that several news outlets, including the New York Times, are biased. "I have never seen a video like that playing in this room. It looks a bit like a campaign ad. Who produced a video for you?" he was asked by a reporter. "That was done by a group in the office and it was done just by — we just put some clips together. I bet I have over 100 more clips even better than them. They were just pieced together over the last two hours," Trump said. The Washington Post alleged that this was a campaign style video. According to Politico, Trump "fiercely defended" his administration's response to the Coronavirus at the briefing, complete with a campaign-ad-like video aimed at bolstering his case. The US has over 5,50,000 confirmed cases of infections. It has recorded 1,509 deaths related to the pandemic over the past 24 hours, bringing the tally to 23,529, the most of any country. Trump, however, said the number of daily new infections remained flat nationwide over the weekend, sending clear evidence that the aggressive strategy to combat it is working. He insisted on easing restrictions by May and claimed that he has 'total authority' to take a call on lifting the restrictions that ends on April 30, according to reports. The Trump administration is considering easing the stay-at-home orders from May 1. "We don't have a king. We have an elected president. The Constitution clearly says the powers that are not specifically listed for the federal government are reserved for the states, and the bounds between federal and state authority are central to the Constitution — one of the great balances of power," CNN quoted Democratic New York Governor Andrew Cuomo as saying. So far, at least 1,21,787 people have died from the virus and 1,947,727 have tested positive. 1,509Total no. of death recorded in the US in 24 hours Trump denies plan to sack Fauci Donald Trump has dismissed rumours that he was going to fire his top medical advisor on the pandemic. Unusually, the evening briefing at the White House began with a statement by the internationally renowned Dr Anthony Fauci, seeking to defuse speculation that he had fallen out with the Republican president. Trump, who on Sunday fuelled speculation by retweeting a critical comment with the hashtag #FireFauci, sought to draw a line under the latest White House turmoil. "I like him," he said of Fauci. "I hear I'm going to fire him. I'm not gonna fire him, I think he's a wonderful guy." But Trump then launched into a sustained assault on other targets, demonstrating his frustration with accusations that he has mishandled the crisis. Catch up on all the latest Crime, National, International and Hatke news here. Also download the new mid-day Android and iOS apps to get latest updates. Mid-Day is now on Telegram. Click here to join our channel (@middayinfomedialtd) and stay updated with the latest news This story has been sourced from a third party syndicated feed, agencies. Mid-day accepts no responsibility or liability for its dependability, trustworthiness, reliability and data of the text. Mid-day management/mid-day.com reserves the sole right to alter, delete or remove (without notice) the content in its absolute discretion for any reason whatsoever Full Article
down Thousands defy lockdown to attend funeral of Muslim cleric in Bangladesh By www.mid-day.com Published On :: 19 Apr 2020 01:28:20 GMT Thousands of people on Saturday defied the countrywide lockdown to attend the funeral of a Muslim cleric in Bangladesh, triggering fears of rapid spread of the Coronavirus pandemic. The news media in Bangladesh reported that thousands of people, without masks and in clear violations of social distancing, participated in the funeral prayers of Khelafat Majlish's 'Nayeb-e Amir' Maulana Zubayer Ahmad Ansari, held at a madrasa in Bertola village under Sorail Upazila of Brahmanbaria district. The cleric had passed away at his home last night. The gathering was large and the authorities did not stop it, media reports said. Noted Bangladeshi author, Taslima Nasreen, who lives in exile in Sweden, tweeted that 50,000 people had attended the funeral prayers, defying the ban on mass gatherings during the lockdown. "Stupid government didn't even try to stop these stupid people," she tweeted. Like many other countries where religious congregations are turning out to be a major multiplier in the pandemic, the Saturday funeral gathering could become Bangladesh's hotspot for the outbreak. So far, over 2,100 people have tested positive and 84 have died due to Coronavirus in Bangladesh. Catch up on all the latest Crime, National, International and Hatke news here. Also download the new mid-day Android and iOS apps to get latest updates. Mid-Day is now on Telegram. Click here to join our channel (@middayinfomedialtd) and stay updated with the latest news This story has been sourced from a third party syndicated feed, agencies. Mid-day accepts no responsibility or liability for its dependability, trustworthiness, reliability and data of the text. Mid-day management/mid-day.com reserves the sole right to alter, delete or remove (without notice) the content in its absolute discretion for any reason whatsoever Full Article
down Photographer makes wedding album with Lego models amid lockdown By www.mid-day.com Published On :: 19 Apr 2020 01:33:47 GMT All of Chris Wallace's wedding bookings were either cancelled or postponed due to the Coronavirus, but the UK-based wedding photographer didn't let that deter him. Wallace took it upon himself to recreate a wedding ceremony using LEGO figures lying around his house. He named the bride and groom Florence and Fred, and spent many hours preparing for the wedding. He even staged several scenes and big moments seen frequently in Christian weddings and then proceeded to click photos of them. He used his experience capturing weddings to make it seem natural. The bride getting dolled up for her wedding The bride walked down the aisle with a Harry Potter figurine, whereas groomsmen Ghostbusters, Chewbacca and a 1980 Lego spaceman stood at the altar to support the groom. "I've found myself with quite a bit of free time on my hands and thought it'll be a fun thing to do," said the photographer to the New York Post. "The ceremony was held outdoors in the most gorgeous of settings, filled with the greenest of plastic leaves and most colourful plastic flowers," he added. Posing for a family photo. Pics/carpediemphotographycheshire.co.uk/Chris Wallace Wallace said: "I tried drawing upon the experiences I had with weddings, to capture the big moments while making it seem natural." As the lockdown is anticipated to last till June, he plans to do another shoot soon. Girl, I want you real clean! A New Yorker hung fliers to look for a 'germ free' partner during the Coronavirus crisis Pic/New York Post A single man from New York, who is looking for love, hung dating fliers across the city, saying that his potential lover must be healthy, fit and clean. The man, identified only as Brad, also said in the flier that he is "seeking a girlfriend for Coronavirus and beyond." He describes himself as a healthy, attractive, and well-settled man, looking for "germ-free monogamy". "I was single when the lockdown began and was wondering how and when dating would be possible again," Brad told the New York Post. "This is no time for casual dating or hook-ups, so I am seeking a long-term and exclusive relationship," he added. Brad said that he has already received responses from "high-quality women" and is looking forward to meeting some for six-foot-apart dates. Papi Gudia 2.0 An area in Mexico City became one of the most searched addresses on Google Maps this week, after photos of a creepy, doll-covered house located there, went viral on social media. The post was first shared by TikTok user Fernando Mata, who was looking for creepy content for his social media. It later turned out that this was the address of a small esoteric shop, and the dolls were merely an advertising strategy to attract prospective customers. This teen is a gender-bender Pics/@puutan_318, Instagram A Japanese 18-year-old boy, has been getting a lot of attention on the Internet for cosplaying as an Asian schoolgirl. Puutan, whose real name is reportedly Tatsuya, has been flaunting selfies in feminine clothes, as well as a long hair wig. He currently has over 27,000 followers on YouTube, and 23,000 followers on Instagram. Mexicans want beer to survive quarantine Mexico's decision to halt production of most non-essential products due to the Coronavirus pandemic, has led to a polarising debate in the country on whether beer should be considered an "essential" during lockdown. "Beer supplies should be guaranteed, because beer helps people get through quarantine on better terms," said the National Alliance of Small Business in a press statement. Village gets ghosts to keep people indoors Kepuh village in Indonesia has resorted to an unusual way to ensure that the locals stay indoors. Those who step out of their homes at night will have to face pocong—shrouded ghosts believed to represent the souls of dead people. The pocongs are actually volunteer youths trying to help maintain the lockdown. Crime junkies can get rich in 24 hours flat A video streaming service is seeking a true crime buff to make $1,000 (R75K) during the Coronavirus lockdown by watching 24 straight hours of documentaries. The chosen candidate will be given a pre-selected list of true crime documentaries to watch. Bugging you A swarm of bugs descended over a beach at Cayton Bay, Yorkshire, leaving locals stunned. The bugs, later identified as European Chafer Beetles, are said to have washed up on a few beaches in the area. The cause is still being investigated. "I was stunned to realise they were living creatures. There were just masses and masses of them," said Sue Weatherill, a local resident, to Daily Mail. Pics/@ChrisBull52, Twitter Catch up on all the latest Crime, National, International and Hatke news here. Also download the new mid-day Android and iOS apps to get latest updates. Mid-Day is now on Telegram. Click here to join our channel (@middayinfomedialtd) and stay updated with the latest news This story has been sourced from a third party syndicated feed, agencies. Mid-day accepts no responsibility or liability for its dependability, trustworthiness, reliability and data of the text. Mid-day management/mid-day.com reserves the sole right to alter, delete or remove (without notice) the content in its absolute discretion for any reason whatsoever Full Article
down Hong Kong shows no need for total lockdown: study By www.mid-day.com Published On :: 19 Apr 2020 02:13:06 GMT With widespread testing, contact tracing and population behavioural changes, Hong Kong appears to have managed to contain the first wave of COVID-19 without resorting to drastic measures like complete lockdown which now threaten to damage economies of several countries around the world, say scientists in a Lancet study. A combination of border entry restrictions, quarantine and isolation of cases and contacts, together with some degree of social distancing helped the city with a 7.5 million population avert a major COVID-19 outbreak up to March 31, said the study published in The Lancet Public Health journal. "By quickly implementing public health measures, Hong Kong has demonstrated that the virus transmission can be effectively contained without resorting to the highly disruptive complete lockdown," said professor Benjamin Cowling from the University of Hong Kong, who led the research. "Other governments can learn from the success of Hong Kong. If these measures and population responses can be sustained, they could substantially lessen the impact."The government also deployed measures to encourage social distancing including flexible working arrangements and school closures. Many large-scale events were also cancelled. Further analyses suggest that individual behaviours have changed in response to COVID-19. In the most recent survey, 85 per cent of respondents reported avoiding crowded places, and 99 per cent reported wearing face masks when leaving home—up from 75 per cent and 61 per cent respectively from the first survey in January. S Korea virus cases fall below 20 in 2 months SEOUL: South Korea reported 18 COVID-19 cases on Saturday, marking the lowest daily increase in about two months. The new cases brought the country's total infections to 10,653, according to the Korea Centres for Disease Control and Prevention. It is the first time since February 20 that the country's new infections came below 20. Over the past five days, the country reported fewer than 30 new patients per day. The number of South Korea's daily new cases reached a peak of 909 confirmed cases on February 29, but the country has since managed to flatten the curve. Iran closer to containment Iranian authorities have said that they were closer to the containment of the COVID-19 pandemic in most of the country, while Turkey was poised to overtake Iran as the hardest-hit country in the Middle East due to rapid growth of new cases. Iran on Friday reported 1,499 new cases of COVID-19, bringing the total number of confirmed cases to 79,494, with 4,958 deaths. "Despite circumstances arising from sanctions and economic warfare, no patient was left abandoned behind hospital doors and no patient lacked drugs and medical care during the peak of the virus across cities," minister of health and medical education Saeed Namaki said. In Turkey, 4,353 new COVID-19 cases were confirmed on Friday, bringing the total number to 78,546. The death toll surged to 1,769, after 126 more deaths were reported. Catch up on all the latest Crime, National, International and Hatke news here. Also download the new mid-day Android and iOS apps to get latest updates. Mid-Day is now on Telegram. Click here to join our channel (@middayinfomedialtd) and stay updated with the latest news This story has been sourced from a third party syndicated feed, agencies. Mid-day accepts no responsibility or liability for its dependability, trustworthiness, reliability and data of the text. Mid-day management/mid-day.com reserves the sole right to alter, delete or remove (without notice) the content in its absolute discretion for any reason whatsoever Full Article
down Coronavirus: In a rare sight, lions captured sleeping amid lockdown in South Africa By www.mid-day.com Published On :: 19 Apr 2020 02:55:29 GMT With humans in their homes amid the coronavirus lockdown, animals are roaming free on the streets. After pictures of dolphins off Marine Drive, peacocks venturing in the streets of Mumbai and tigers taking a stroll in the forests of Madhya Pradesh went viral, stunning pictures of lions sleeping in a park in South Africa is making rounds on social media. The picture posted on Twitter by the Kruger National Park in South Africa, show the rare sight of the pack of lions sleeping in the pathways of the park. Clicked by Section ranger Richard Sowry, the caption for the post reads, “Kruger visitors that tourists do not normally see. #SALockdown This lion pride are usually resident on Kempiana Contractual Park, an area Kruger tourists do not see. This afternoon they were lying on the tar road just outside of Orpen Rest Camp.” Kruger visitors that tourists do not normally see. #SALockdown This lion pride are usually resident on Kempiana Contractual Park, an area Kruger tourists do not see. This afternoon they were lying on the tar road just outside of Orpen Rest Camp. ð¸Section Ranger Richard Sowry pic.twitter.com/jFUBAWvmsA — Kruger National Park (@SANParksKNP) April 15, 2020 The astounding pictures that were posted on Twitter on Wednesday, garnered over 19,500 likes and was retweeted more than 6,700 times. The users commenting on the post spoke how such rare sights are seen when humans are at home and how mother nature is recovering from the wounds. Now mother earth belongs to all of us as nature intended. — Aaron Moloisi (@aaronmoloisi) April 16, 2020 Mother nature is enjoying the #lockdown. No humans to bother them. — Emile van Rooyen (@EmilevanRooyen2) April 15, 2020 We’re seeing glimpses of the world when the humans are gone ... — Jason Randa (@JasonRanda2) April 16, 2020 Looks pretty nice. I've seen a few videos from around the world other animals walking through city streets and looking around and then just continuing to do their thing. It's quite beautiful and they are wondering where we are. — Lori Brown (@LoriBrown82) April 17, 2020 The animals are loving having their turf back. — Heartbeat Of Africa (@PeterDermauw) April 15, 2020 What do you think about the pictures? Catch up on all the latest Crime, National, International and Hatke news here. Also download the new mid-day Android and iOS apps to get latest updates. Mid-Day is now on Telegram. Click here to join our channel (@middayinfomedialtd) and stay updated with the latest news Full Article
down Coronavirus Outbreak: Instances of humanity amid lockdown overshadow bad news By www.mid-day.com Published On :: 21 Apr 2020 06:11:10 GMT New York: The idea formed on a day when all the news headlines were dire. The coronavirus was surging worldwide; Nashville had lost lives in a devastating tornado and children had their lives upended as they separated from beloved classmates to shelter at home. But only bad news is never the whole story. Days later, The Associated Press started its daily series 'One Good Thing' to reflect the unheralded sacrifices made to benefit others that normally wouldn't make a story, but maybe always deserved one. Since March 17, when a Norwegian mom tried to soften the blow of birthdays under quarantine for her two teens by asking via social media that people reach out to them, there have been 35 stories about the ways that everyday people have tried to make a positive difference in the lives of others. The gestures have been grand and small, some as simple as chalk-written messages on a sidewalk thanking healthcare workers at a New Orleans hospital for their efforts. Music has been a central theme. The series has included stories about a Rio firefighter sharing his love of music from a hydraulic ladder 150 feet up as he played the trumpet for cooped-up apartment dwellers; a virtual rendition of 'Bolero' from the National Orchestra of France, with each musician playing alone at home; the virtual Corona Community Choir with members around the world, performing on Sundays. If music soothes the soul, food feeds it. There have been six stories that tell of benefactors feeding health care workers, the poor, the elderly shut ins, even volunteers feeding hungry animals at a revered Hindu temple in Kathmandu, Nepal. There have been meals from Brooklyn caterer Israel Frischman for Holocaust survivors who are shut in. The day after the story ran, donations poured in and now Frischman has financial backing for the needed meals. And simpler fare from the 'Solidarity Menu' started by Emiliano Moscoso who employed his hamburger chain of restaurants in Colombia to feed poor neighborhoods in Bogota. The delivery of lifesaving supplies has been a storyline as well, from the professional cyclist in Italy who has gone from racing against competitors to racing medicine to those in need, to Yale student Liam Elkind's delivery service. A month after reporting on Elkind's 'Invisible Hands' effort which he started with a friend, he reports that it's ballooned.'We're making over 1,000 deliveries a week now, and over 10,000 volunteers have joined our group. I feel like I haven't slept in decades, but, honestly, I've never felt more energized,' he said. Heroes have emerged in youth, from Nova Knight, a 5-year-old firecracker in Alaska imploring her cohorts to wash their hands and postpone playdates, to 16-year-old TJ Kim, who can't drive, but can fly. He uses those skills to deliver much-needed medical supplies across rural Virginia. The stories have circled the world, from Colombia and Nepal, to Italy, Germany, France, Spain, Brazil, Israel, Indonesia and South Korea where Kim Byung-rok, a shoe cobbler, donated land to help raise money for the fight against the virus. In the month of stories about the goodness of others, it's no surprise when we doubled back to the previous subjects of the coverage, AP journalists found the obvious: the givers' giving has expanded. Catch up on all the latest Crime, National, International and Hatke news here. Also download the new mid-day Android and iOS apps to get latest updates. Mid-Day is now on Telegram. Click here to join our channel (@middayinfomedialtd) and stay updated with the latest news Full Article
down Turkish Spiderman delivers groceries to elderly neighbours amid coronavirus lockdown By www.mid-day.com Published On :: 21 Apr 2020 11:41:38 GMT Amid the coronavirus gloom, a Turkish man is giving netizens a reason to smile with his unique antics and helping attitude. The man identified as Burak Soylu dresses up as the famous Marvel superhero Spiderman to help his neighbours amid the global pandemic. In Turkey, a man named Burak Soylu has been going around dressed like Spiderman.He drives around in a Beetle, buys milk and groceries for the elderly, and delivers it to their doorsteps.When he was asked why, he said "My superpower is doing good for the neighborhood." pic.twitter.com/KAYm3hyPyb — Goodable (@Goodable) April 17, 2020 According to a Twitter post shared by Goodable, just like the 'friendly neighbourhood' Marvel superhero who helps people with his superpowers, Burak dresses up in a Spiderman suit and goes around helping his neighbours, especially elderly people by distributing milk, groceries and essentials at the doorsteps. In the pictures shared by Goodable, Burak can be seen buying vegetables from the market and delivering it to those in need of help at a time when most countries have imposed a lockdown to curb the spread of coronavirus. While speaking to Goodable, Burak said that his superpower is doing good for his neighbours. you forgot to add his best pictures.. here they are pic.twitter.com/9feElnkjg5 — Serhan (@serhanbilgin) April 18, 2020 Twitter user Serhan also shared some breathtaking pictures of Burak as Spiderman driving his Beetle and even posing on a tractor. Since the time it was shared, the post has garnered over 10,000 re-tweets and about 4,000 likes. And he's masked and gloved too! Good one, Spidey! ðÂÂÂÂÂÂÂÂÂÂÂÂÂÂÂÂÂÂðÂÂÂÂÂÂÂÂÂÂÂÂÂÂÂÂÂÂðÂÂÂÂÂÂÂÂÂÂÂÂÂÂÂÂÂÂðÂÂÂÂÂÂÂÂÂÂÂÂÂÂÂÂÂÂð — Omowunmie (@molarah26) April 17, 2020 The post, which has gone viral now has garnered tons of appreciation from netizens. While some Twitterati lauded Burak for helping the elderly amid coronavirus crisis, others talked about how Burak was spreading the safety message by wearing a costume that includes a face mask and hand gloves which are highly important to combat COVID-19. Now that's what I call a friendly neighborhood spiderman.. — Dequondre Agee (@DequondreA) April 18, 2020 One user said, "And he's masked and gloved too! Good one, Spidey!" while another user commented, "Now that's what I call a friendly neighborhood spiderman..." A third user jokingly said, "So can we say Superman costume is Coronaproof? Hahaha." Talking about the Turkish spiderman's noble cause, a fourth user said, "He also visits disabled kids school and presents toys along with mask." Here's how netizens reacted to Turkish spiderman's noble work: Spiderman! Spiderman!Helps the elderly how he can!Drives around, in his car!Buys some food, drives it far!Look out! Here comes a helpful man! — Cleodora Silvestri (@drakkenmensch) April 18, 2020 This is truly theirs FRIENDLY NEIGHBOURHOOD SPIDERMAN. pic.twitter.com/Mye8pKyvJo — AbeAbeStudio (@StudioAbe) April 18, 2020 Quality bloke!! Humanity need more people like this! — The Darge Knight (@DargeKnight) April 18, 2020 ðÂÂÂÂÂÂÂÂÂÂÂÂÂÂÂÂÂÂSo can we say Superman costume is Coronaproof? Hahaha ð — Özlem (@icbukeydis) April 19, 2020 This is humanity's at its finest — jack (@jackdilnessa) April 18, 2020 Isn't the Turkish Spiderman living by the well-known proverb of the Marvel superhero, "With great power comes great responsibility". Catch up on all the latest Crime, National, International and Hatke news here. Also download the new mid-day Android and iOS apps to get latest updates. Mid-Day is now on Telegram. Click here to join our channel (@middayinfomedialtd) and stay updated with the latest news Full Article
down Viral video: Girls play tennis from rooftop amid lockdown By www.mid-day.com Published On :: 22 Apr 2020 04:12:27 GMT Two young girls in Italy took the lockdown game to a whole new level by playing tennis from neighbouring buildings. The girls in Liguarian town of Finale Ligure managed a 12-shot rally in the 24-second video. The video was posted on Facebook last Friday by a local tennis club where the two are members. Two young girls in Italy play tennis across their rooftops https://t.co/o0paauxGFZ pic.twitter.com/YGNiviMit5 — Reuters (@Reuters) April 21, 2020 Naturally, a few balls during the practice session did not make it across and bounced down into a private road below where the girls' fathers put them in plastic bags their daughters had affixed to the end of fishing poles. Catch up on all the latest Crime, National, International and Hatke news here. Also download the new mid-day Android and iOS apps to get latest updates. Mid-Day is now on Telegram. Click here to join our channel (@middayinfomedialtd) and stay updated with the latest news Full Article
down Spain PM plans to extend COVID lockdown after spike in deaths By www.mid-day.com Published On :: 23 Apr 2020 02:39:10 GMT Despite the World Health Organisation's warnings to not rush into easing the Coronavirus restrictions as it could lead to a resurgence of the disease, some of the affected countries have started to restart their economies. Spain, which was also planning to ease the lockdown when the daily deaths dropped below 400, had to reconsid its plan after recording a spike for the second day on Wednesday. Another 435 people died in the past 24 hours, bringing the overall death toll to 21,717, said the authorities. Pedro Sanchez, Spain PM Spain has suffered the third-highest number of deaths in the world after the US and Italy, with infections now hitting 2,08,000 cases, health ministry figures showed. Monday's figure of 399 deaths was the lowest in four weeks, but a day later, it rose to 430 with officials explaining the numbers tend to go up slightly on Tuesday following delays in receiving regional data on weekend deaths. The March 14 lockdown has been twice extended with Spain Prime Minister Pedro Sánchez seeking parliament go-ahead to prolong nation's state of emergency until May 9. "We must avoid missteps. If we stay on top of the virus and our health system maintains and reinforces that impression, then we will propose another step," BBC quoted him as saying. A worker on a construction site on Wednesday in Cenon, France, as works resume after stopping several weeks; long lines built up outside the few McDonald's drive-thrus that started serving customers again; more than 10 million employees in France - one out of every two in the private sector - have been laid off during the lockdown. Pic/AFP But from Sunday, the conditions are to be eased for youngsters in Spain, who have not been allowed out of the house for nearly six weeks under one of the most restrictive lockdowns in the world. From April 26, those under 14 will be allowed to go for a walk with one of their parents or accompany them on trips out to buy food, medicine or go to the bank. Addressing MPs at Wednesday's parliamentary session, Sánchez said moves to ease the lockdown would likely begin in the second half of May. "The second half of May offers the prospect of a scaling-back [of the lockdown], of phase two of the fight" when the restrictions "will be modified", he said.But the lockdown "will not be lifted until we are prepared for it because we are not going to take any risks," he said, insisting that "any optimism must be tempered by prudence".'"We must be incredibly careful in this phase," he said. "The scaling-back period will be slow and gradual, precisely because it has to be safe." Restrictions were also being eased in Denmark, Austria and France. In the US, too, some states were relaxing restrictions. The pandemic has infected over 2.5 million people and killed over 1,77,000 around the world. Iran and Iraq continue to report new deaths Iraq, which had on Tuesday partly eased the lockdown restrictions, recorded one more fatality, bringing the tally to 83 on Wednesday. The Health Ministry said the total number of cases reached 1,602 with 28 new cases, reported Anadolu Agency. In Iran, where local shops were reportedly allowed to open from April 20 but with social distancing in place, reported 94 new deaths on Wednesday. But the cases of infections was on the way down, it said. Health ministry said the fatalities detected in the past 24 hours took Iran's overall toll to 5,391; and infections climbed to 85,996 with 1,194 new cases. "If we arrogantly think that the job is done and we have won, then this would be the biggest problem that could affect us," President Hassan Rouhani said. Iran has struggled to contain the outbreak. Despite that, Iran has allowed many businesses to reopen since April 11 after shutting most down in mid-March to prevent the spread of the disease. Catch up on all the latest Crime, National, International and Hatke news here. Also download the new mid-day Android and iOS apps to get latest updates. Mid-Day is now on Telegram. Click here to join our channel (@middayinfomedialtd) and stay updated with the latest news This story has been sourced from a third party syndicated feed, agencies. Mid-day accepts no responsibility or liability for its dependability, trustworthiness, reliability and data of the text. Mid-day management/mid-day.com reserves the sole right to alter, delete or remove (without notice) the content in its absolute discretion for any reason whatsoever Full Article
down Coronavirus Lockdown: Photo of sad dog looking at children playing from balcony is breaking hearts online By www.mid-day.com Published On :: 23 Apr 2020 10:30:15 GMT A photo of a sad bulldog looking at children playing from the balcony and not being able to join them in their games has gone viral amid the Coronavirus lockdown and is breaking hearts online. Rebecca Ellis, the owner of the dog named Big Poppa said on Twitter that he loves playing with children and he is sad that he is not able to play with them due to the lockdown imposed to contain the deadly virus, but she has been trying to cheer him up. "I've been trying but he loves children more than anything and not being able to play with them daily but he can see them... I think its taking a toll on him," she said. In the caption of the photo, Ellis said, "Big Poppa has been so sad today, I think he miss(es) playing with the kids in the building. He just watches them from the patio." The photo that has attracted attention from international celebrities too, got more than 656,100 likes and was retweeted over 72,300 times. Big Poppa has been so sad today, I think he miss playing with the kids in the building. He just watches them from the patio pic.twitter.com/gVooqvZ5oI — Rae Elle (@RaeElle) April 22, 2020 Among the users commenting on the photo is Game-of-Thrones fame Maisie Williams and popular TV show host Ellen Degeneres. The photo has been melting hearts with many asking the owner to hug the dog to cheer him up and introducing their pets to him. not being dramatic but I would literally die for big poppa — Maisie Williams (@Maisie_Williams) April 22, 2020 Stay inside. Flatten this curve. Do it for Big Poppa. https://t.co/q2c9GYZMgN — Ellen DeGeneres (@TheEllenShow) April 22, 2020 Pls hug that dog for me oh man ð — Joe Dan Tony (@slowhnds) April 22, 2020 We know a little chihuahua who would love to be friends! ð¶♥ï¸Âð¶ #BigPoppa pic.twitter.com/q8Q9RKz4z0 — MGM Studios (@MGM_Studios) April 22, 2020 My bulldog is also kinda bored but is enjoying the quarantine cuddles. But on HIS terms. pic.twitter.com/xGnfZeKAmv — Dis-gusted (@SkipTrollington) April 22, 2020 Larry the newbie is 9months and wants to say hi to #bigpoppa pic.twitter.com/SmYZApRU1A — Nicky (@darlinNicky) April 22, 2020 here’s a flower for Big Poppa, I hope it makes him feel better ðÂ¥º pic.twitter.com/a9OWMfkZVe — ðÂÂÂðÂÂÂðÂÂÂðÂÂÂðÂÂÂð ðÂÂÂðÂÂÂð ðÂÂÂðÂÂÂðÂÂÂðÂÂÂð ð¶ (@PAVGOD) April 22, 2020 What do you think about the dog’s photo? Catch up on all the latest Crime, National, International and Hatke news here. Also download the new mid-day Android and iOS apps to get latest updates. Mid-Day is now on Telegram. Click here to join our channel (@middayinfomedialtd) and stay updated with the latest news Full Article
down Indian girl brings smile on withered faces of US nursing home residents amid COVID-19 lockdown By www.mid-day.com Published On :: 24 Apr 2020 05:56:40 GMT Washington: Girls her age play Candy Crush or like watching cartoons, but 15-year-old Hita Gupta peps up hundreds of lonely Americans, including the elderly and children, marooned in nursing homes due to the COVID-19 lockdown by sending them gift packs and spirit-lifting notes. The 10th-grade Indian-American student from Pennsylvania's Conestoga High School has an NGO 'Brightening A Day' and is using it to spread love, hope and joy among America's nursing homes' residents, especially senior citizens, to help them keep at bay their boredom arising from the COVID-19 restrictions. Gupta brightens up their lives by sending them handwritten notes and gift packs containing puzzle and colouring books and a packet colour pencils. "It saddens me to think of how lonely or depressed many nursing home residents feel because they cannot see their loved ones. Our seniors are already one of the most isolated groups. A research has shown that more than 40 per cent of seniors regularly feel lonely," Gupta told PTI in an email interaction. "During this uncertain time, which is causing panic among many seniors, it's our responsibility to let them know that they are not alone. I initially started sending gift packs to nursing homes using self-funding. Now, I have sent them to residents of 16 local nursing homes," she said. Each gift pack contains one puzzle book, one colouring book, and a pack of colour pencils/crayons, Gupta said. "It also contains an uplifting note written by my 9-year-old brother Divit Gupta," she said. Her NGO has reached more than 2,700 kids and seniors in 50 hospitals and nursing homes in seven different States in the US with hand-made cards on holidays like Christmas and Valentine's Day. "We have also sent school supplies and cards to orphanages in India," Gupta said. Gupta's initiative has won her praise from one and all. "Need some inspiration? 15-year-old Hita Gupta, from Pennsylvania, USA, is brightening the lives of nursing home residents with gift packs through her NGO, Brighten A Day," the US Embassy in New Delhi wrote on its Facebook page. "She aims to lift the spirits of those who are in need of some cheer by sending them love, hope, and joy through cards and gifts. During the COVID-19 lockdown period, she is sending handwritten notes and gift packs to cheer the residents and help them overcome loneliness and isolation. More power to you Hita!" the embassy said. Nursing homes throughout the US are limiting the interaction of senior citizens who remain mostly confined to their rooms. Outsiders are also prohibited form visiting them, resulting in feelings of loneliness and isolation in many of them. The US is the worst affected country from the coronavirus, with 842,000 infections and over 46,000 deaths reported so far. According to Centre for Diseases Control and Prevention, eight in every 10 deaths due to the coronavirus reported in the US are adults, and people who are 65 years old or above. Globally, the coronavirus pandemic has claimed over 185,000 lives and infected more than 2.6 million people, according to the Johns Hopkins University data. Full Article
down Belgian Prime Minister unveils plan to lift lockdown By www.mid-day.com Published On :: 26 Apr 2020 01:50:10 GMT Belgian Prime Minister Sophie Wilmes has announced a detailed plan to gradually lift the country's coronavirus restrictions, the media reported on Saturday. After hours of discussions on Friday, Prime Minister Wilmes announced a timetable to gradually end the country's lockdown, which began on March 12, reports the BBC. The first businesses to open will be fabric shops on May 4 in order to help people comply with new regulations requiring all Belgians aged 12 or over to wear masks on public transport. Other shops will reopen a week later. Schools will return from May 18, but no more than 10 children will be allowed in each class. Cafes and restaurants will not be permitted to open before June 8. But Wilmes warned that "nothing is set in stone". At least 44,293 people have tested positive for the virus in Belgium as of Saturday, according to the Johns Hopkins University tally. A total of 6,679 deaths have been recorded in the nation of 11.4 million - the highest rate per capita in Europe. More than half the fatalities have been in care homes. A number of other European countries have already announced measures to ease their lockdowns, the BBC reported. On Friday, the Czech Republic ended restrictions on free movement which had been put in place to help halt the spread of coronavirus. Sme shops have already reoopened in Germany and schools will gradually reopen from May 4, although bars, cafes, restaurants, cinemas and music venues will all remain closed. Meanwhile, Poland's Health Minister Lukasz Szumowski called for a two-year delay to the presidential election - due to take place in two weeks' time - saying it was the safest situation given the pandemic. Catch up on all the latest Crime, National, International and Hatke news here. Also download the new mid-day Android and iOS apps to get latest updates. Mid-Day is now on Telegram. Click here to join our channel (@middayinfomedialtd) and stay updated with the latest news This story has been sourced from a third party syndicated feed, agencies. Mid-day accepts no responsibility or liability for its dependability, trustworthiness, reliability and data of the text. Mid-day management/mid-day.com reserves the sole right to alter, delete or remove (without notice) the content in its absolute discretion for any reason whatsoever Full Article
down Indian-American Democratic National Committee CEO steps down By www.mid-day.com Published On :: 26 Apr 2020 07:36:17 GMT Indian-American Seema Nanda has announced that she was stepping down as the CEO of the Democratic National Committee (DNC), it was reported. The Boston College Law School and Brown University grad, who took over as the DNC CEO in June 2018, succeeding Mary Beth Cahill, announced the move via Twitter on Friday, the American Bazaar reported. "After two years, I will be stepping down as CEO of the DNC. I couldn't be prouder of the infrastructure we have built, the primary process we have run, and the team we have built. "I look forward to continuing the fight for our democracy and to elect Democrats everywhere," she added. Nanda however, did not reveal the reason behind her decision nor did she announce her next move. During her tenure, Nanda worked closely with DNC Chair Tom Perez, managing the group's day-to-day operations. The two had worked together at the Department of Labor during the former administration of President Barack Obama. Perez's term as DNC chair will end after the November presidential election. While accepting the position in 2018, Nanda described the job as "the opportunity of a lifetime". Catch up on all the latest Crime, National, International and Hatke news here. Also download the new mid-day Android and iOS apps to get latest updates. Mid-Day is now on Telegram. Click here to join our channel (@middayinfomedialtd) and stay updated with the latest news This story has been sourced from a third party syndicated feed, agencies. Mid-day accepts no responsibility or liability for its dependability, trustworthiness, reliability and data of the text. Mid-day management/mid-day.com reserves the sole right to alter, delete or remove (without notice) the content in its absolute discretion for any reason whatsoever Full Article
down Virus lockdown raises tensions in poorest areas of France By www.mid-day.com Published On :: 27 Apr 2020 02:28:21 GMT Joining more than 1,000 others, Djemba Diatite stood for hours in line to feed her growing family, grateful for handouts of fruits, vegetables and soap. It was her first time accepting charity, but she had no choice. The pandemic has turned her small world upside down. With open air markets closed, supermarket prices skyrocketing, an out-of-work husband, two children to feed and another on the way, Diatite said even tomatoes are now too expensive. "This is my only solution," she said. Clichy-sous-Bois — where fiery nationwide riots started in 2005 — is just 23 km northeast of the French capital, but with its rows of housing projects, restless youth and residents teetering on the poverty line, it feels light years away. The town mayor, seeing a looming crisis triggered by food shortages, sounded the alarm, and with scattered unrest simmering in impoverished suburbs, the French government announced a plan for urgent food assistance of 39 million euros for communities in need. "I feel the social crisis is growing with confinement," said Clichy-Sous-Bois Mayor Olivier Klein. The government will detail to parliament on Tuesday how it plans to pull the country out of the lockdown. Boris to be back to work from Monday British Prime Minister Boris Johnson will return to work at 10 Downing Street in London on Monday. The 55-year-old has been recuperating at his prime ministerial countryside retreat at Chequers since he was discharged on April 12 and had put UK Foreign Secretary Dominic Raab in charge as his deputy. Johnson is reportedly "raring to go" and will be back to an initially light work schedule from next week, starting with a meeting with UK Health Secretary Matt Hancock. Catch up on all the latest Crime, National, International and Hatke news here. Also download the new mid-day Android and iOS apps to get latest updates. Mid-Day is now on Telegram. Click here to join our channel (@middayinfomedialtd) and stay updated with the latest news This story has been sourced from a third party syndicated feed, agencies. Mid-day accepts no responsibility or liability for its dependability, trustworthiness, reliability and data of the text. Mid-day management/mid-day.com reserves the sole right to alter, delete or remove (without notice) the content in its absolute discretion for any reason whatsoever Full Article
down South Korea experts downplay possible reinfections By www.mid-day.com Published On :: 30 Apr 2020 02:24:16 GMT South Korean infectious disease experts have downplayed concerns that patients could get reinfected with COVID-19 after recovering. While hundreds in South Korea have tested positive again after their release from hospitals, Oh Myoung-don, who heads the central clinical panel on new infectious diseases, on Wednesday said there was a "high possibility" that such test results were flawed. He said South Korea's standard real-time PCR tests, designed to amplify the genetic materials of the virus so that even tiny quantities are detected, doesn't reliably distinguish between remains of dead virus and infectious particles. He said lab tests on animals suggest that COVID-19 patients would maintain immunity for at least a year after their infections. He also said it was unlikely that the virus could be reactivated after remaining dormant when it doesn't seem to be a type that causes chronic illnesses. 277No. of people tested positive after recovering Construction fire near Seoul kills 8 A fire broke out on a construction site near Seoul on Wednesday, killing eight workers and leaving another 17 presumed dead. Local fire officials said the toll could rise as more people were believed to be trapped inside the warehouse that was under construction in Icheon. Another 14 or the 70 workers remained unaccounted for. Catch up on all the latest Crime, National, International and Hatke news here. Also download the new mid-day Android and iOS apps to get latest updates. Mid-Day is now on Telegram. Click here to join our channel (@middayinfomedialtd) and stay updated with the latest news This story has been sourced from a third party syndicated feed, agencies. Mid-day accepts no responsibility or liability for its dependability, trustworthiness, reliability and data of the text. Mid-day management/mid-day.com reserves the sole right to alter, delete or remove (without notice) the content in its absolute discretion for any reason whatsoever Full Article
down Coronavirus Lockdown: Six-year-old boy's drive-by, walk-by joke stand wins hearts online By www.mid-day.com Published On :: 1 May 2020 05:19:44 GMT A six-year-old boy has been cheering up his neighbours with one joke at a time amid the distressful Coronavirus pandemic and the agonizing lockdown that followed, by putting up a joke stand outside his home in Saanich, a town in Canada's British Colombia. A picture of Callaghan McLaughlin, sitting at his 'Drive-by, walk-by joke stand' with a wide smile was shared by his mother Kelsea on Instagram, where he has earned praises for his adorable efforts to make people smile. His mother requests in the caption to listen to a joke from him. According to the CBC, Callaghan only knows 16-17 jokes which he learned from a joke book his mother gave him, and with these jokes, he does the best he can to make people have a hearty laugh. The mother-son duo missed interacting with their neighbours due to the lockdown and came up with this idea that helps people cheer up. View this post on Instagram Please drive by and hear a joke from this kid ðÂÂÂ¥° . . . #driveby #walkby #kidhumour #togetheryetapart #cadborobay A post shared by Kelsea Murray-Roxburgh (@kelseamclaughlin) onApr 14, 2020 at 9:00am PDT The post shared on Instagram received 188 likes with many users lauding him for his adorable effort to bring a smile on the faces of people. One user said, "What a sweet thing to do. You are a blessing." Another user said, "This is actually amazing! Well done Callaghan." A user commented, "This is so precious." Catch up on all the latest Crime, National, International and Hatke news here. Also download the new mid-day Android and iOS apps to get latest updates. Mid-Day is now on Telegram. Click here to join our channel (@middayinfomedialtd) and stay updated with the latest news Full Article
down Emerging from lockdown: '46 days in the house was enough' By www.mid-day.com Published On :: 4 May 2020 02:42:44 GMT From the US to Europe and Asia, people in many parts of the world are emerging from their homes as virus-related restrictions begin to ease and springtime temperatures climb. Chinese were flocking to tourist spots, many newly reopened, after a relaxation of domestic travel restrictions ahead of a five-day holiday that runs through Tuesday. Nearly 1.7 million people visited Beijing parks on the first two days of the holiday, and Shanghai's main tourist spots welcomed more than a million visitors, according to Chinese media reports. Many spots limited the number of daily visitors to 30 per cent of capacity or less, keeping crowds below average. Masks were worn widely, from runners in Spain to beach-goers in the southern US. "It's great to have an audience after all these weeks," saxophonist Julia Banholzer, a native of Germany, said. New Jersey reopened state parks, though several had to turn people away after reaching a 50 per cent limit in their parking lots. Margie Roebuck and her husband were among the first on the sand at Island Beach State Park. "Forty-six days in the house was enough," she said. In Spain, many ventured out Saturday for the first time since a lockdown began on March 14. "I feel good, but tired. You sure notice that it has been a month and I am not in shape," Cristina Palomeque said in Barcelona. Prime Minister Pedro Sánchez asked citizens to remain vigilant. COVID-19 has caused over 25,100 deaths in Spain. The divide in the US between those who want lockdowns to end and those who want to move cautiously extended to Congress. The Republican-majority Senate will reopen Monday, while the Democrat-controlled House of Representatives stays shuttered. Catch up on all the latest Crime, National, International and Hatke news here. Also download the new mid-day Android and iOS apps to get latest updates. Mid-Day is now on Telegram. Click here to join our channel (@middayinfomedialtd) and stay updated with the latest news This story has been sourced from a third party syndicated feed, agencies. Mid-day accepts no responsibility or liability for its dependability, trustworthiness, reliability and data of the text. Mid-day management/mid-day.com reserves the sole right to alter, delete or remove (without notice) the content in its absolute discretion for any reason whatsoever Full Article
down Top UK government scientist behind lockdown move breaks rules, quits By www.mid-day.com Published On :: 7 May 2020 01:34:57 GMT A top UK government scientist, who was behind the country's strategy to impose strict lockdown measures to curb the spread of coronavirus, has resigned after a media report revealed that he broke the rules and allowed a woman he was said to be in a relationship with to visit his home during the lockdown. Professor Neil Ferguson, an epidemiologist whose modelling convinced Prime Minister Boris Johnson to press ahead with a UK-wide lockdown, quit the Scientific Advisory Group for Emergencies (SAGE) after allegations emerged in The Daily Telegraph. He admitted that he had allowed a woman Antonia Staats to visit him at his London home after travelling across the UK capital from her home, which she shares with her husband and children, on at least two occasions. The movement goes against the very strict stay at home and save lives advice of the government, put in place by British Prime Minister Boris Johnson prompted by the scientific team led by Ferguson. The incidents took place soon after the 51-year-old leading epidemiologist from Imperial College London had completed a two-week spell self-isolating after testing positive for coronavirus. "I accept I made an error of judgement and took the wrong course of action. I have therefore stepped back from my involvement in SAGE, said Ferguson after the report. "I acted in the belief that I was immune, having tested positive for coronavirus and completely isolated myself for almost two weeks after developing symptoms. I deeply regret any undermining of the clear messages around the continued need for social distancing," he said. The scientist, however, stressed that the government's advice on social distancing remains "unequivocal", adding that it was there "to protect all of us". UK Security Minister James Brokenshire said the senior scientist "made the right decision" and that the government will "continue to be informed" by SAGE. "We have a range of experts that will continue to support ministers," he said. The first of the visits by Staats, 38, was on March 30, which coincided with a public warning by Prof Ferguson that the UK's one-week-old lockdown measures would have to remain until June. Staats, a left-wing campaigner, made a second visit on April 8 despite telling friends she suspected that her husband, an academic in his 30s, had symptoms of coronavirus, the newspaper report claims. He has peculiarly breached his own guidelines, and for an intelligent man I find that very hard to believe. It risks undermining the government's lockdown message," said Conservative Party MP and former minister Ian Duncan Smith. Ferguson's resignation comes a month after Scotland's Chief Medical Officer, Dr Catherine Calderwood, had to resign when it was revealed she had broken lockdown rules by making two trips back and forth to a second home. Under the government's guidelines in the UK, people are expected to stay at home and allowed to move out only for one form of daily exercise and essential shopping. The measures have been in place since March 23 to try and flatten the curve of the rising number of cases of COVID-19, the UK death toll from which reached 29,427 on Tuesday the highest number of virus deaths in Europe. However, figures from the Office for National Statistics (ONS), which includes deaths where the virus is suspected and not just where tests have been carried out, brings the total number even higher to 32,375. Catch up on all the latest Crime, National, International and Hatke news here. Also download the new mid-day Android and iOS apps to get latest updates. Mid-Day is now on Telegram. Click here to join our channel (@middayinfomedialtd) and stay updated with the latest news This story has been sourced from a third party syndicated feed, agencies. Mid-day accepts no responsibility or liability for its dependability, trustworthiness, reliability and data of the text. Mid-day management/mid-day.com reserves the sole right to alter, delete or remove (without notice) the content in its absolute discretion for any reason whatsoever Full Article
down NTPC Plunges by 5%; BSE POWER Index Down 2.1% By feeds.equitymaster.com Published On :: Fri, 8 May 2020 12:41 PM Posted by Equitymaster NTPC share price has plunged 5% and is presently trading at Rs 92. Meanwhile, the BSE POWER Index is at 1,456 (down 2.1%). Among the top losers in the BSE POWER Index today is NTPC (down 5.1%). RELIANCE INFRA (up 5.0%) and THERMAX (up 0.8%) are among the top gainers today. Over the last one year, NTPC has moved down from Rs 134 to Rs 92, registering a loss of Rs 42 (down 31.0%).. The BSE POWER has moved down from 1,954 to 1,456, loss of 498 points (down 25.5%) during the last 12 months. The top gainers among the BSE POWER Index stocks during this same period were TORRENT POWER LTD (up 20.9%) and GMR INFRA (up 7.2%). One Stock Crorepati: The Biggest Money-Making Opportunity Available Right Now What About the Benchmark Indices? The BSE Sensex is at 32,089 (up 1.4%). The top gainers among the BSE Sensex stocks today are RELIANCE IND. (up 4.0%). The most traded stocks in the BSE Sensex are INDUSIND BANK and RELIANCE IND.. In the meantime, NSE Nifty is at 9,383 (up 1.3%). ZEE ENTERTAINMENT (up 5.2%) is among the top gainers in NSE Nifty. Over the last 12 months, the BSE Sensex has moved down from 38,277 to 32,089, registering a loss of 6,188 points (down 16.73%).NTPC Financial Update...NTPC net profit down at Rs 14 billion for the quarter ended December 2019, compared to a loss of Rs 27 billion a year ago. Net Sales declined 2.6% to Rs 235.0 billion during the period as against Rs 241.2 billion in October-December 2018.For the year ended March 2019, NTPC reported 151.3% increase in net profit to Rs 161.6 billion compared to net profit of Rs 64.3 billion during FY18.Revenue of the company grew 8.7% to Rs 957 billion during FY19. The current Price to earnings ratio of NTPC, based on rolling 12 month earnings, stands at 5.1x. p >This article (NTPC Plunges by 5%; BSE POWER Index Down 2.1%) is authored by Equitymaster.Equitymaster is a leading 'independent' equity research initiative focused on providing well-researched and unbiased opinions on stocks listed on the Bombay Stock Exchange. Full Article
down TORRENT POWER LTD Plunges by 5%; BSE POWER Index Down 2.1% By feeds.equitymaster.com Published On :: Fri, 8 May 2020 12:47 PM Posted by Equitymaster TORRENT POWER LTD share price has plunged 5% and is presently trading at Rs 327. Meanwhile, the BSE POWER Index is at 1,456 (down 2.1%). Among the top losers in the BSE POWER Index today is TORRENT POWER LTD (down 5.1%). RELIANCE INFRA (up 5.0%) and THERMAX (up 0.8%) are among the top gainers today. Over the last one year, TORRENT POWER LTD has moved up from Rs 255 to Rs 327, registering a gain of Rs 72 (up 28.1%).. The BSE POWER has moved down from 1,954 to 1,456, loss of 498 points (down 25.5%) during the last 12 months. The top gainers among the BSE POWER Index stocks during this same period were TORRENT POWER LTD (up 20.1%) and GMR INFRA (up 7.5%). One Stock Crorepati: The Biggest Money-Making Opportunity Available Right Now What About the Benchmark Indices? The BSE Sensex is at 32,089 (up 1.3%). The top gainers among the BSE Sensex stocks today are RELIANCE IND. (up 4.0%). The most traded stocks in the BSE Sensex are INDUSIND BANK and RELIANCE IND.. In the meantime, NSE Nifty is at 9,383 (up 1.3%). ZEE ENTERTAINMENT (up 4.7%) is among the top gainers in NSE Nifty. Over the last 12 months, the BSE Sensex has moved down from 38,277 to 32,089, registering a loss of 6,188 points (down 16.76%).TORRENT POWER LTD Financial Update...TORRENT POWER LTD net profit stood at Rs 4 billion for the quarter ended December 2019, compared to a profit of Rs 2 billion a year ago. Net Sales declined 5.4% to Rs 30.8 billion during the period as against Rs 32.5 billion in October-December 2018.For the year ended March 2018, TORRENT POWER LTD reported 121.5% increase in net profit to Rs 9.5 billion compared to net profit of Rs 4.3 billion during FY17.Revenue of the company grew 15.1% to Rs 115 billion during FY18. The current Price to earnings ratio of TORRENT POWER LTD, based on rolling 12 month earnings, stands at 10.0x. p >This article (TORRENT POWER LTD Plunges by 5%; BSE POWER Index Down 2.1%) is authored by Equitymaster.Equitymaster is a leading 'independent' equity research initiative focused on providing well-researched and unbiased opinions on stocks listed on the Bombay Stock Exchange. Full Article
down BHEL Plunges by 5%; BSE CAPITAL GOODS Index Down 0.9% By feeds.equitymaster.com Published On :: Fri, 8 May 2020 02:47 PM Posted by Equitymaster BHEL share price has plunged 5% and is presently trading at Rs 23. Meanwhile, the BSE CAPITAL GOODS Index is at 11,399 (down 0.9%). Among the top losers in the BSE CAPITAL GOODS Index today is BHEL (down 5.2%). SKF INDIA (up 5.2%) and SADBHAV ENGINEERING (up 4.9%) are among the top gainers today. Over the last one year, BHEL has moved down from Rs 64 to Rs 23, registering a loss of Rs 40 (down 63.3%).. The BSE CAPITAL GOODS has moved down from 17,932 to 11,399, loss of 6,533 points (down 36.4%) during the last 12 months. The top gainers among the BSE CAPITAL GOODS Index stocks during this same period were HONEYWELL AUTOMATION (up 12.2%). One Stock Crorepati: The Biggest Money-Making Opportunity Available Right Now What About the Benchmark Indices? The BSE Sensex is at 32,089 (up 0.7%). The top gainers among the BSE Sensex stocks today are HUL (up 3.8%). The most traded stocks in the BSE Sensex are ICICI BANK and RELIANCE IND.. In the meantime, NSE Nifty is at 9,383 (up 0.8%). DR. REDDYS LAB (up 4.3%) is among the top gainers in NSE Nifty. Over the last 12 months, the BSE Sensex has moved down from 38,277 to 32,089, registering a loss of 6,188 points (down 17.27%).BHEL Financial Update...BHEL net profit down at Rs 2 billion for the quarter ended December 2019, compared to a loss of Rs 2 billion a year ago. Net Sales declined 22.6% to Rs 56.8 billion during the period as against Rs 73.4 billion in October-December 2018.For the year ended March 2019, BHEL reported 44.1% increase in net profit to Rs 11.9 billion compared to net profit of Rs 8.3 billion during FY18.Revenue of the company grew 5.3% to Rs 304 billion during FY19. The current Price to earnings ratio of BHEL, based on rolling 12 month earnings, stands at 21.6x. p >This article (BHEL Plunges by 5%; BSE CAPITAL GOODS Index Down 0.9%) is authored by Equitymaster.Equitymaster is a leading 'independent' equity research initiative focused on providing well-researched and unbiased opinions on stocks listed on the Bombay Stock Exchange. Full Article
down M&M Plunges by 5%; BSE AUTO Index Down 1.6% By feeds.equitymaster.com Published On :: Fri, 8 May 2020 02:49 PM Posted by Equitymaster M&M share price has plunged 5% and is presently trading at Rs 408. Meanwhile, the BSE AUTO Index is at 12,741 (down 1.6%). Among the top losers in the BSE AUTO Index today is M&M (down 5.0%). MOTHERSON SUMI (up 2.1%) and ASHOK LEYLAND (up 0.9%) are among the top gainers today. Over the last one year, M&M has moved down from Rs 636 to Rs 408, registering a loss of Rs 228 (down 35.8%).. The BSE AUTO has moved down from 18,491 to 12,741, loss of 5,750 points (down 31.1%) during the last 12 months. The top gainers among the BSE AUTO Index stocks during this same period were MRF LTD. (up 11.6%) and BALKRISHNA INDUSTRIES (up 4.3%). One Stock Crorepati: The Biggest Money-Making Opportunity Available Right Now What About the Benchmark Indices? The BSE Sensex is at 32,089 (up 0.7%). The top gainers among the BSE Sensex stocks today are HUL (up 4.0%). The most traded stocks in the BSE Sensex are ICICI BANK and RELIANCE IND.. In the meantime, NSE Nifty is at 9,383 (up 0.8%). DR. REDDYS LAB (up 4.3%) is among the top gainers in NSE Nifty. Over the last 12 months, the BSE Sensex has moved down from 38,277 to 32,089, registering a loss of 6,188 points (down 17.24%).M&M Financial Update...M&M net profit down at Rs 3 billion for the quarter ended December 2019, compared to a loss of Rs 11 billion a year ago. Net Sales declined 5.5% to Rs 123.5 billion during the period as against Rs 130.7 billion in October-December 2018.For the year ended March 2019, M&M reported 4.8% increase in net profit to Rs 44.3 billion compared to net profit of Rs 42.2 billion during FY18.Revenue of the company grew 12.3% to Rs 1,047 billion during FY19. The current Price to earnings ratio of M&M, based on rolling 12 month earnings, stands at 8.8x. p >This article (M&M Plunges by 5%; BSE AUTO Index Down 1.6%) is authored by Equitymaster.Equitymaster is a leading 'independent' equity research initiative focused on providing well-researched and unbiased opinions on stocks listed on the Bombay Stock Exchange. Full Article