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The Worst Things For Sale is Drew's blog. It updates every day. Subscribe to the Worst Things For Sale RSS!

(This March 17 story corrects stock symbol of Zoom to ZM.O, not ZOOM.PK in the last paragraph)

#336 — April 30, 2020 Read on the Web Be sure to check out the Tools and Libraries section today as there have been quite a lot of (minor) releases.. from MIDI parsing and JPEG decoding to generating TypeScript types from a Postgres database.. maybe there's something for you ???? Node Weekly Middy 1.0: A Node Middleware Framework for AWS Lambda — Middy’s aim is to make writing serverless functions (hosted on AWS Lambda) easier by providing a familiar middleware abstraction to Node developers. The example in this post shows off the main benefit. Luciano Mammino Rust and Node.js: A Match Made in Heaven? — This is technical stuff but using other languages, such as Rust, for building add-ons for Node is an interesting area. Anshul Goyal Faster CI/CD for All Your Software Projects Using Buildkite — See how Shopify scaled from 300 to 1800 engineers while keeping their build times under 5 minutes. Buildkite sponsor Editly: Slick, Declarative Command Line Video Editing — I’ve long wondered why there isn’t a good way to “code” video editing at the command line other than wrangling with arcane ffmpeg options. Well.. this uses ffmpeg, but it handles a lot of the wrangling for you. Mikael Finstad Node v14.1.0 (Current) Released — Last week we featured the release of Node 14.0 and 14.1 is already with us. Principally bug fixes, plus an update to the OpenSSL dependency. Bethany Nicolle Griggs ???? Jobs Backend Developer (Skien, Norway) — We are looking for a full-stack dev with a solid track record to help us adapt to tomorrow's security requirements. OKAY Find a Job Through Vettery — Vettery specializes in tech roles and is completely free for job seekers. Create a profile to get started. Vettery ℹ️ If you're interested in running a job listing in this newsletter, there's more info here. ???? Articles & Tutorials Four Tools for Web Scraping in Node — A walk through of a few different libraries (for scraping and parsing data directly from websites) to see how they work and how they compare to each other. Sam Agnew Six Platforms for Hosting a Node App in 2020 — Of course, you can run a Node app pretty much anywhere there’s a server, but some platforms make it easier than others. These all have free tiers too. Glitch, Now.sh (now Vercel) and Heroku are particular favorites of ours at Cooperpress. Amit Bendor Getting Started with NuxtJS — Learn how to create Vue.js-powered server-side rendered apps with NuxtJS including configuring an app and deploying it on Heroku. Timi Omoyeni The Node.js Security Handbook — Improve the security of your Node.js app with the Node.js security handbook made for developers. Sqreen sponsor A Collection of Challenging TypeScript Exercises — “The goal: Let everyone play with many different TypeScript features and get an overview of TypeScript capabilities and principles.” Marat Dulin Exploring Node.js Internals — It’s reasonably elementary but Aleem Isiaka explains how the internals of Node.js interact with one another on a simple task such as creating a file. Smashing Magazine Creating CommonJS-Based npm Packages via TypeScript Dr. Axel Rauschmayer Turning Vue Components Into Reusable npm Packages — Outlines how you can reuse Vue components across your projects by automating your process to bundle, test, document, and publish your components. Sjoerd de voorhoede ???? Tools, Resources and Libraries Node v12.16.3 (LTS) Released — OpenSSL gets an update, and warnings are no longer printed for modules that use conditional exports or package name self resolution. Node.js pm2 4.4 Released: The Node Production Process Manager — A very mature and widely used process manager that includes a load balancer for keeping Node apps alive forever and to reload them without downtime. v4.4 improves the Node 14 compatibility. Alexandre Strzelewicz jpeg-js: A Pure JavaScript JPEG Encoder and Decoder — It admits it’s far slower than native alternatives but if you need a pure JavaScript JPEG encoder/decoder, this is where to go. Eugene Ware AppSignal Now Supports Node.js: Roadmap for the Coming Weeks AppSignal sponsor node-stream-zip: For Fast Reading of ZIP Archives — Reads chunk by chunk rather than all in one go so it’s memory friendly. Dimitri Witkowski JZZ: A MIDI Library for Node and Web Browsers — Send, receive and play MIDI messages from both Node and the browser on Linux, macOS and Windows. Sema Vegemite: A Pub/Sub State Manager — Inspired by Immer and Redux, full TypeScript support, and sized at only 623 bytes, which includes one dependency. Luke Edwards Kanel: Generate TypeScript Types from Postgres Kristian Dupont web-worker: Consistent Web Workers for the Browser and Node — In Node it works as a web-compatible Worker implementation atop worker_threads. In the browser it’s an alias for Worker. Jason Miller node-csv-parse: A CSV Parser Implementing the stream.Transform API Adaltas

The Mexican and Real Sociedad striker discusses the importance of the FIFA Confederations Cup as well as his history with Arsenal and at the 2010 FIFA World Cup.

October may not have arrived in the city, but the heat that marks the month preceding the faux winter most certainly has. Admittedly, the temperature at Peru Baug is at least a couple of degrees lesser than elsewhere in the city at 3 pm. Still, it's an arduous task to sit down 20 young children, most with little interest in being here, and teaching them the basics of arithmetic and Devnagri script (reading and writing) for two hours a day, six days a week.

Yet, for 43-year-old Jyoti Dode it's more of a mission. Even with the odds stacked against her. After all, for a teacher in a campus that produces some of the world's, best minds - with state-of -the-art teaching and research facilities - the only tools at her disposal are a few paper cutouts where a 'Ka' in Devnagri helps the student identify that it denotes a Kangaroo (an animal that s/he would be very unlikely to know or possibly identify). But, for Dode, who often has to drag the kids to the small space outside her home - the village is in shambles - an education may help them stand up against the institution bent on robbing them of their land.

"We have lived here since the British period and, because we are not educated enough, we had no idea when the government handed the land over to IIT Bombay," she says, adding, "We hope that our children can change that."

Maali Rano Urade with the day's catch of dandavat fish which she cooks with bamboo shoot picked from the forest Pics/Arita Sarkar

Against the might of IIT
The IIT campus in Powai is spread over an area of 550 acres. On the northern fringe, closer to Vihar lake and near the National Institute of Industrial Engineering lies Peru Baug, which 260 adivasi families - some of whom are from the Warli tribe and some of whom are Malhar Kolis - call home. The families claim that they have lived here for at least four generations, while IIT was established here only in 1958.

For decades the two have had a symbiotic relationship. The adivasi men would have odd jobs on the campus, their children have access to the on-campus Kendriya Vidyalaya (which they don't attend regularly enough) and the tribals continue to live as before.

Prakash Bhoir, Adivasi from Kelti Pada, Aarey Colony

A few years ago, however, trouble started brewing. In 2012, the adivasis staged a "morcha" after conversations with the institute regarding installation of two water connections didn't yield results, says Dode, the representative of the village committee. Having grown up in Saki Naka and married into Peru Baug, Dode having studied till Std IX, is one of the few residents here to have received even primary education. She adds, that the water connection came in 2015.

Earlier this month, there were reports that the IIT management has now asked the adivasis to move out of the campus entirely, and the MMRDA has been tasked with acquiring accommodation for them at Qureshi Nagar in Kurla.

Prabhu, a resident of Peru Baug shows off his catch for the day. Most of the tribe's men are employed on the IIT campus and earn around Rs 8,000 a day. In the evening, they catch fish, which sustains their livelihood. Pics/Arita Sarkar

Dode puts the IIT move down to the 2012 protests. It was only after that, she says, that IIT officials started talks about moving them out. "Initially, they asked us to leave our village and offered accommodation in Kanjur Marg. Some of us agreed since it would still be close to the campus. The men in our village could still keep their housekeeping jobs and the women could still come to fish in the lake. But then they changed their mind and said that we would have to go to Kurla instead, which is too far for us," she says.

And even while they live on campus, some residents say, having IIT for a neighbour isn't easy. Maali Rano Urade, 70, says, "Earlier we could grow a lot of vegetables, which was enough for us to eat and then sell in the market. But, over the years, IIT officials have forced us to reduce the amount of vegetables we grow. They have made our lives difficult." Not just that, she adds that they are not allowed to repair houses or cover their huts with plastic sheets during the monsoon months. She alleges that IIT officials and guards visit their village every day to ensure that they haven't made any extensions.

The world ends at IIT
Kanjur Marg would have been a compromise, but Kurla is almost like another country to the residents of Peru Baug, some of whom have barely stepped outside of the boundaries that define the IIT campus.

Laadki Barap, 70, is one of them. In the last 10 years, she says, her life has been confined to her home and the Vihar lake, where she fishes. "My life involves going to the lake to fish and tending to chores at home. I haven't gone out of the village in a very long time and I have no idea what the area outside looks like. If they send us to Kurla, many of us won't be able to figure our way around the city," she adds.

But, life inside Per Baug is both busy and self-sustained. Urade's day for instance begins at the crack of dawn. By 7 am when we met her, she was already seated on the shore of the lake throwing her fish line into the water. Her catch usually comprises small fish called 'dandavat'. On a lucky day, she will catch rohu, or even black pomfret. When she has enough for a meal for herself and her family, which is usually by afternoon, she returns home to cook it with tender bamboo shoots picked from the forest area around the lake.

The women from Peru Baug seen with amla that they collected from trees in the forest. The tribals grow some of the vegetables they eat in small patches of land near their homes. Wild vegetables are grown only during the monsoon months.

The homes here don't have gas cylinders. They cook their food on wood which is found neatly stacked in sheds outside their huts. "Since the wood gets wet during the rains, we collect enough wood to last the three months of monsoon. Once the rain stops, we go out to look for more wood," Urade adds.

The tribals grow some of the vegetables they eat in small patches of land near their homes. Wild vegetables which are not available in the market are grown only during the monsoon months. "For the rest of the year we collect the tender shoots of bamboo plant, flowers of the Kurdu plant or leaves of Takla plant and make a vegetable out of it. This way we can save money," says 28-year-old Depenti Urade, who we meet while she is tending to the vegetable patch near her house. She adds that during the monsoon months, they are able to sell the vegetables they grow when they have more than they can consume. The women sell bananas, amla and colocasia leaves used to make aaloo vadi, a popular Maharashtrian dish, in the market to make some extra money.

"For the rest of the year we collect the tender shoots of bamboo plant, flowers of the Kurdu plant or leaves of Takla plant and make a vegetable out of it. This way we can save money," says 28-year-old Depenti Urade

The village's men are not around. They spend the day at work as housekeeping staff at the student hostels on campus and then go fishing in the evening. Some of the women work there too, even though the pay isn't great. "We work in the canteen where we cook, serve and clean dishes. We work eight-hour shifts and the contractor pays us around Rs 8,000 every month. But since we don't have to purchase food, we can manage for now," says 45-year-old Sevanti Urade, Depenti's mother-in-law, who hails from another adivasi pada in Aarey colony.

Tribals, not slumdwellers
The community here feels it's the lack of education that's doing them in. They say they had allowed the Slum Rehabilitation Authority officials to conduct a survey in their village only because they were promised an alternate accommodation nearby. "We were here long before IIT even existed. But the government is kicking us out of our land just because we aren't educated enough to understand our rights. If we can't grow our vegetables and catch fish, how will we survive in a tiny flat in Kurla?" asks Dode, adding that they even suggested that they be moved to another part of the IIT campus, instead of being ousted out of premises altogether. But, that was not considered.

Firewood used by villagers to cook food

The residents accompanied by members of Shramik Mukti Sangathna, an NGO advocating rights of tribal communities had approached Rajendra Gavit, an MP of BJP from the Palghar Lok Sabha constituency last month. During a visit conducted two weeks ago, Gavit had reassured them that he would take up the issue with Chief Minister Devendra Fadnavis and IIT administration last week. Despite several calls and messages, Gavit could not be reached for a comment.

Tribals from other parts of the city advise the Peru Baug residents not to budge from their current space, especially under SRA laws. Prakash Bhoir, a resident of Kelti Pada in Aarey Colony feels that that government's solution of shifting adivasis to SRA flats is short-sighted. "Why should the SRA rehabilitate us? We're not slum residents who have a village to go back to. We belong here and this is the only home we know. We have been paying taxes for the land we grow our crops on and we have papers to prove it. Then why should we just accept a small flat?" he asks. He argues that it's not the SRA, rather the tribal department that ought to conduct surveys on their land. "People don't want to move out because it's not just about the house. It's about land, our animals and the trees that we have taken care of for several generations," he adds.

Prakash Bhoir, a resident of Kelti Pada in Aarey Colony

Those who have been advocating tribal rights feel the government has long tried to silence the voice of the tribal community across the country and they are yet to come across a case where tribals were rehabilitated in an appropriate manner. Adivasis everywhere, they say, are deliberately being harassed by various government agencies by not allowing them to set up electricity connections or not granting permission to construct toilets.

Graphic/Uday Mohite

Cassandra Nazareth, a social worker, who has been working with adivasis living in 12 padas in Aarey Colony says the government was disconnecting them from the earth they worship by shifting them to SRA flats. "How will they grow their vegetables in a 225 sq ft tenement? What the government needs to do is engage with the adivasis and come up with a solution from within the community," she adds.
- with inputs from Pallavi Smart

The fight for land
IIT Bombay officials stated that the adivasis are being moved to make way for the Research Park that is currently under construction. Based on their website, the research centre aims to bring IIT Bombay and the industry together and promote research and development collaborations. When asked about the tribals being displaced from their land, KP Unnithan, the superintendent engineer of IIT Bombay administration had only one response for all questions. "The land belongs to IIT Bombay," he says repeatedly.

The adivasis however don't have tribal certificates and thus, are unable to prove that they have lived on the land for the past several decades. It was only a few years ago, with the help of Shramik Muki Sangathna and political involvement that they were able to get their Aadhaar cards and election IDs.

What the authorities say
'The accommodation will be in Kurla, but the SRA is yet to handover the tenements to us. We are currently unaware of the number of adivasis who will be resettled'
Dilip Kavatkar, joint project director of MMRDA.

Once tribal homes, now slums
Nitin Kubal, who has been a field officer with TISS in the M-East Ward Project for the past three years stated that the survey conducted by Pune-based Tribal Research Institute in 2003, which was published two years later is the only comprehensive data available on the number of tribal settlements in Mumbai. "Based on the survey, there were 222 adivasi padas in Mumbai of which 159 converted into slums and only 63 are still isolated padas, which are located largely in western suburbs. No other recent surveys have been conducted," he said.

Also Read - Section 377: IIT-Bombay Students Celebrate Supreme Court's Judgement

Catch up on all the latest Mumbai news, crime news, current affairs, and also a complete guide on Mumbai from food to things to do and events across the city here. Also download the new mid-day Android and iOS apps to get latest updates

Dear Diana,
A few days ago, I was at a ice lolly stall in my neighbourhood. It was late afternoon and the heat had got to me. I ordered for a lime lolly. As I waited for my order, I saw this girl at the cart. In a second, I felt attracted to her. I kept looking at her. Realising it, she felt conscious and moved away. She was with her friends and we kept looking at each other. When they left, I tailed them till they entered a housing complex in the vicinity. Ever since, I have been going to the ice lolly cart every other day hoping to see her again. This girl haunts me. How do I know who she is? I think she is the girl for me. I have been visiting the ice lolly and juice centre at different timings, but to no avail. How do I know where exactly she lives? Thanks to my frequent trips to the centre, the attendants have realised what is on my mind. One of the extra friendly guys at the cart tells me she does visit regularly, but our paths have not crossed.
— Vickrant

Illustration/Uday Mohite

Dear Vickrant,
You may feel it is love at first sight, but you don't know who she is. Nor are you aware what is on her mind. Just because your eyes met does not mean anything. Like you, she must have been parched and looking for a quencher. By landing at the ice lolly and juice centre all the time, you sure are giving good business to them. Instead of planning a future with the girl, try to find out who she is. If you feel she is a regular at the outlet, you can find out from the attendant, who you have befriended, around what time she usually frequents the place. But do not stalk her or you will get into trouble. The next time you see her, smile and then, may be, start a conversation.

Marriages in Tinsel Town have faced ups and downs, some have survived the toughest and harshest of times, a lot have ended, unfortunately. The latest marriage that has ended is that of Chahatt Khanna's sister Simran Khanna and Bharat Dudani. Speaking to SpotBoyE, she confirmed the news, "Yes, Bharat and I have divorced."

She added, "No animosity between us." When asked about the custody of their child, the actress said, "Well, Bharat has Vineet's custody. But I meet Vineet frequently. As I said, Bharat and I went separate ways but hold no grudges."

This is indeed a sad and shocking piece of news for all her fans and they are surely likely to be heartbroken. Just like a lot of other couples that continued their amicable relationship post their separation, we hope the same happens with these two.

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A recently conducted study by researchers in Norway shed some light on how men and women perceive one night stands. The findings were rather interesing...

The main reason behind conducting the study was due to the liberal mindset that Norwegian men and women shared regarding casual sexual encounters.

Researchers discovered that about 35 per cent of women regretted going through with it the next morning, while only 20 per cent men shared this view.

Furthermore, most women were reportedly unhappy about the experience, with only 30 per cent claiming to have enjoyed their most recent casual sex fling.

Also, when it came to rejecting the offer, 80 pc women didn't regret saying no, while only 43 pc men felt the same way.

Researchers explored in detail the possible reasons behind women regretting a one night stand. The reasons ranged from lack of adequate sexual pleasure during the encounter, pregnancy concerns, fear of contracting STDs among other things. On the other hand, most men regretted turning down a casual sex offer.

The study was conducted by the the Norwegian University of Science and Technology's (NTNU) Department of Psychology along with the University of Texas at Austin. 263 male and female students aged 19 and 37 years were studied.

Arjun Kapoor has always appreciated eclectic content. The actor, who runs his own digital property Arjun Recommends through which suggests great content for people to binge on, is currently gorging on yesteryears acclaimed TV show Byomkesh Bakshi played by actor Rajit Kapur.

For Arjun, this show is like a whiff of nostalgia from his childhood. He says, “Whenever I could catch Byomkesh Bakshi as a kid, I remember I enjoyed it thoroughly. For me, Byomkesh was what a hero should be. Slick, super-intelligent, and charismatic, he is one of the best sleuths that I have seen on screen! I have been watching Byomkesh on TV again and it is pure nostalgia for me!”

Arjun lists his reasons why he loves this indigenous super-detective. “The best thing about Byomkesh was that he solved intelligent crimes and that really hooked me on. The writing, the cleverness of the cases really got me interested. The show still hooks you thoroughly and that’s what great writing, great acting can do. Great content has the ability to become timeless and universal,” he adds.

Arjun secretly wishes to play a detective on screen. “Since then, I had always wanted to play a detective who saves the day and saves lives. I got to live my childhood dream by playing an undercover agent and saving the country in India’s Most Wanted! I still hope I get to play a detective on-screen one day!” says Arjun.

Also Read: An overwhelmed Arjun Kapoor wishes a frontline doctor on her birthday as she pens an emotional note

An EU-funded project has developed prefabricated energy-efficient building concepts made from materials, components and structures derived from construction and demolition waste. The concept enables the easy assembly and disassembly of buildings for future reuse.

Former England footballer Peter Crouch has plans to enter the Crufts, an international dog show held in UK, and walk away with the trophy. Peter and his model wife Abbey Clancy, who have a new Labrador named Sonny, were denied entry this March. And the football star is determined to win the coveted title with his pet dog in 2021.

In the latest episode of That Peter Crouch Podcast, Peter said: "We couldn't get into Crufts last time so we're trying to train this bad boy up."

Meanwhile, Abbey revealed: "He likes getting in the cage with the dog. The dog cage is the biggest one we could get on Amazon. And it does fit Peter and all four children and the dog. He's trying to train him for little biccies. He's a good trainer. He doesn't like to fail at anything. So after the whole Crufts episode, he said, 'I'm gonna train a dog then I'm gonna enter it into Crufts'."

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The Coronavirus-caused lockdown has brought sporting activities to a standstill across the globe with major events being cancelled or postponed. And EPL football manager David Moyes is making the most of the forced break by helping people near his family home on the Lancashire, UK, seaside.

According to a report in British tabloid, The Sun, West Ham's manager David has turned a fruits and vegetables delivery man. "When the virus first broke out, the fruits and vegetables shop in my village were asking for drivers to deliver fruits and vegetables. So I became a driver for the shop. I delivered it to all the people in the neighbourhood. I did it for about four days.

There was a sign in the window saying 'volunteers needed'. My wife was away at the time, I was on my own. I would knock, leave it and just check if they came to get it. I was thinking 'this is great'. I was actually enjoying it," said David.

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In under 3 years, Yes Bank has gone from being a darling of investors to a pariah. Here's a look at the events that led to the crisis in 10 points.

1. 2017: RBI forces Yes Bank to disclose that there is big divergence in its non-performing loans of Rs 42 billion reported in the company's audited accounts for the year ended March 2016. The divergence further widened to almost Rs 64 billion a year later. To put this in perspective, the RBI audit had pegged its total gross non-performing assets (NPAs) at 5% for FY16, against the bank's own assessment of only 0.8% for the same year.
2. September 19, 2018: Not surprisingly, a year later, RBI refuses to give Yes Bank CEO Rana Kapoor an extension to his term as MD. The apex bank asks Kapoor to step down by end of January 2019. Kapoor fights back...but it always seemed like a battle he was set to lose.
3. November 27, 2018: Rating agency Moody's cuts bank's rating outlook to 'negative' from 'stable' citing concerns over corporate governance. This is a big whammy...for a bank, its credit rating is everything.
4. January 24, 2019: Yes Bank hires the head of Deutsche Bank India, Ravneet Gill, as its new CEO. There's hope...even though Gill has not run a bank of this size before. The stock price rallies 66% in the days following the appointment.
5. May 14, 2019: RBI appoints former central bank Deputy Governor R. Gandhi as additional director to Yes Bank's board - a rare move signaling an increased level of scrutiny on the lender.
   
   Yes Bank reports 91% drop in profit in 1QFY20, provisions surge and gross NPA ratio stands at 5%.
6. October 3, 2019: CEO Gill says bank is in talks with private equity firms, strategic investors and family offices to raise additional capital. Again, this appears to be good news.
7. October 31, 2019: Yes Bank gets binding investment offer of US$ 1.2 billion from a global investor. But this does not go down well as credibility of the likely largest investor is questioned in the media.
8. November 1, 2019: Yes Bank reports bigger-than-expected loss for 2QFY20, NPA to loans ratio swells to 7.4% and provisions swell to Rs 13.4 billion.
9. March 6, 2020: It's been months now and there is little progress on capital raising (other than rumours floating around). RBI takes over Yes Bank's board and imposes a month-long moratorium, imposing a limit of Rs 50,000 on withdrawals.
10. March 7, 2020: Stock price of Yes Bank crashes by nearly 60%. At it's worse the stock was down at Rs 5.7 that day. RBI shares a restructuring plan for Yes Bank...basically a bailout by SBI.

Well, then...that's the Yes Bank timeline. At the time of writing, stock price of Yes Bank was trading up by 31%.

Next time, when you think of buying a banking share...or making a deposit...be sure you understand the risk.

This article (How the YES Bank Collapse Unfolded - 10 Points) 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.

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. 🙏 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).

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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

VVS Laxman speaks about Sachin Tendulkar’s batting against Shane Warne on Star Sports’ show Cricket Connected: “Sachin was really well prepared for the Test match in Chennai. In the first innings, he was dismissed for 4 runs. He hit a boundary and then tried to play a big shot over mid-on, hitting against the turn and was caught by Mark Taylor.

VVS Laxman went on to reveal saying, "I remember Sachin locked himself in the physio’s room and only came out after almost an hour. When he came out, we could see his eyes were red. I felt he was very emotional because he was unhappy in the manner he was dismissed."

VVS Laxman continued, "Then, in the second innings, the way he blasted and hammered Shane Warne, who was bowling into the rough outside the leg stump. Warne was using the depth of the crease and when he used to pitch it up, Sachin used to hit it through the mid-off, mid-on region. He went on to get a hundred. That battle with Shane Warne is the best I have seen.”

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The novel Coronavirus outbreak has created an atmosphere of uncertainty but everybody has been trying to create hope in some way or the other.

This picture is of two fairy penguins standing side by side and comforting each other which watching the Melbourne skyline.

The Twitter user captioned the images, "Couldn't stop thinking about these penguins enjoying the Melbourne skyline together. So I found the original photographer and apparently they're both widowed. I can't handle it."

 

 

 

View this post on Instagram

Pinguins Part 2. “... Love is the only game in which we win even when we lose” The way that these two lovebirds were caring for one another stood out from the entire colony. While all the other penguins were sleeping or running around, those two seemed to just stand there and enjoy every second they had together, holding each other in their flippers and talking about penguin stuff. Pain has brought them together (see PART 1). I guess sometimes you find love when you least expect it. It’s a privilege to truly love someone, paradisiacal when they love you back. 📸 @tobiasvisuals • (Even though it is very similar to the previous image I thought it’d be a pity to not share it with you guys)

A post shared by Tobias Baumgaertner (@tobiasvisuals) onApr 13, 2020 at 5:01pm PDT

He also explained that the penguins had been standing on the rock for hours. He clicked the pictures about a year ago but shared them once again so that people could enjoy the heartwarming moment during such times.

According to him, it was a volunteer who revealed that the white penguin was an "elderly lady" who lost her partner and the one to the left was a "younger male", who lost its partner too.

"During times like this, the truly lucky ones are those that can be with the person/people they love most. I captured this moment about a year ago. These two fairy penguins poised upon a rock, overlooking the Melbourne skyline and were standing there for hours, flipper in flipper, watching the sparkling lights of the skyline and ocean. A volunteer approached me and told me that the white one was an elderly lady who had lost her partner and so did the younger male to the left. Since then they meet regularly comforting each other and standing together for hours watching the dancing lights of the nearby city. I spent 3 full nights with this penguin colony until I was able to get this picture. Between not being able or allowed to use any lights and the tiny penguins continuously moving, rubbing their flippers on each other's backs and cleaning one another, it was really hard to get a shot but I got lucky during one beautiful moment. I hope you enjoy this moment as much as I did. #lovewillalwayswin." (sic)

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Indian share markets ended their trading session lower yesterday.

Benchmark indices edged lower tracking weak global cues as investors fretted over weak economic data and rising COVID-19 cases.

Barring energy stocks, all sectoral indices ended on a negative note with stocks in the power sector, telecom sector and consumer durables sector witnessing most of the selling pressure.

At the closing bell yesterday, the�BSE Sensex stood lower by 242 points and the�NSE Nifty�closed down by 72 points.

The SGX Nifty�was trading at 9,200, down by 53 points, at the time of writing.

The�BSE Mid Cap�index and the�BSE Small Cap�index ended their day down by 0.5% and 0.1%, respectively.

Speaking of the current stock market scenario, after a sharp rally in the past few weeks, the markets have turned volatile again.

You would be interested in knowing when the market will likely bottom out.

Vijay Bhambwani, editor of Weekly Cash Alerts, has the answer and he has recorded a video about it.

You can check the same here -�This is When the Stock Market Will Bottom Out

Also, our special report, How to Trade the Coronavirus Crash, is the most comprehensive report on how to trade the coronavirus, both from a short-term and long-term perspective. You can�claim your FREE copy here...

Top Stocks in Focus Today

From the pharma sector, Dr Reddy's Laboratories share price will be in focus as the company announced that the its NDA (new drug application) Elyxyb ((celecoxib oral solution 25 mg/mL) has been approved by the US Food and Drug Administration.

The drug is indicated for the acute treatment of migraine with or without aura in adults.

From the IT sector, HCL Technologies share price will also be in focus as the company reported a 22.8% year-on-year (YoY) rise in consolidated net profit at Rs 31.5 billion compared with Rs 25.7 billion in the same quarter last year.

Revenue for the quarter rose 16.3% YoY to Rs 185.9 billion from Rs 159.9 billion reported in the year-ago quarter. In dollar terms, revenue rose 11.7% YoY to US$ 2,543.40 million from US$ 2,277.80 million. On a sequential basis, dollar sales were flat. Sales growth in constant currency terms rose 13.5% YoY to US$ 2,584.60 million.

To know more about the company, you can read HCL Technologies' Q4FY20 result analysis on our website.

Market participants will also be tracking RBL Bank share price, Cyient share price and Gillette share price as these companies announced their March quarter results yesterday.

You can read our recently released Q4FY20 results of other companies here: Ambuja Cement,�IndusInd Bank,�Axis Bank,�Tech Mahindra,�HUL,�Reliance Industries,�Marico, Kansai Nerolac, NIIT Technologies, Persistent Systems.

GSK Sells Stake in HUL via Block Deal

From the FMCG sector, Hindustan Unilever (HUL) share price will be in focus as the UK-based Glaxo-SmithKline (GSK) offloaded its stake in HUL via block deals yesterday.

According to the term sheet, over 133 million shares are being offered in the range of Rs 1,850-1,950 to investors through a special block window. The deal will be valued roughly between Rs 246 billion to Rs 259 billion.

GSK and�Horlicks�are selling up to US$ 3.4 billion worth of HUL shares through what could be India's biggest secondary market block trades.

The British drug maker is looking to monetise about 5.7% of�HUL stock it had got after last year's merger of GSK Consumer Healthcare and HUL.

As per the scheme of amalgamation amongst GSK Consumer Healthcare and HUL, GlaxoSmithKline Pte had received 54.08 million shares of HUL, meanwhile Horlicks received 79.69 million shares.

Accordingly, parent company Unilever Plc and group companies' stake in HUL reduced to 61.9%, from 67.2% earlier after the issue of new shares.

Yes Bank Q4FY20 Results

Yes Bank reported better-than-expected March quarter (Q4FY20) results.

Yes Bank�posted a net profit of Rs 26.3 billion on the back of one-time gain attributed to an exceptional item of Rs 63 billion.

The bank has written-down additional tier-1 bonds as part of its planned reconstruction scheme, leading to a one-time gain of Rs 63 billion.

In the absence of the exceptional gain, the bank would have reported a net loss of Rs 36.7 billion.

The bank had reported a net loss of Rs 15.1 billion a year ago, while the same was Rs 185.6 billion in Q3FY20.

The bank's net interest income (NII) for the March quarter came in at Rs 12.7 billion, up 19.6% sequentially.

Net interest margin (NIM) for Q4FY20 came in at 1.9%, compared to 3.1% a year ago.

On the asset quality front, gross non-performing assets (NPA) fell 19% QoQ to Rs 328.8 billion, mostly on account of write-offs.

The bank's deposits plunged to Rs 1.05 lakh crore, down 54% YoY compared with Rs 2.27 lakh crore.

Meanwhile, Advances declined 29% YoY to Rs 1.7 lakh crore from Rs 2.4 lakh crore in the year-ago quarter.

For the financial year 2019-20 (FY20), the private lender posted a loss of Rs 164.2 billion, on a standalone basis, compared to net profit of Rs 17.2 billion in the previous year.

To know more, you can read Yes Bank's latest result analysis on our website.

Speaking of the banking sector, the low access to credit for micro small and medium enterprises (MSMEs) tells us there is a huge opportunity for lenders.

This is evident from the chart below:

India's Huge Lending Opportunity

Of the 60 million MSMEs in India, only 11% had access to credit from organised lenders. Most of them are self-financed or get credit from unorganised sources.

Here's what Tanushree Banerjee wrote about this in one of the editions of�The 5 Minute WrapUp...

• Self-financing limits the growth of these MSMEs. On the other hand, high interest rates from unorganised sources makes it difficult for them to earn profits.
  
  The Modi government is looking at various ways�to correct this problem. Mudra loans, online loans facilities are being made available to MSMEs.
  
  Slowly but surely, lenders are sensing the huge opportunity that lies ahead for this sector.
  
  Banks and other financial firms with prudent lending practices and strong distribution networks will benefit from this�megatrend.

Tanushree is counting on 7 top stocks from the Indian stock market that will benefit from this megatrend.

As per her, now is the right time to buy these stocks to profit from the�Rebirth of India.�You can read about them here.

And to know what's moving the Indian stock markets today, check out the most recent�share market updates here.

This article (Sensex Ends Lower, Yes Bank Q4 Results, HUL Block Deal, and Top Stocks in Focus Today) 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.

World Health Organisation's Director General Margaret Chan has sought to send some conciliatory signals to the drug indu

Here are the photos of from the audio launch function of Vijay and Nayanthara's Bigil.

Amitabh Bachchan slammed trolls who criticised him for working during the lockdown and shooting for KBC. The actor gave them a befitting response on his blog.

Exports of (bop) - Dyes and Pigments, Petrochemic in Canada decreased to 263.60 CAD Million in March from 266.30 CAD Million in February of 2020. Exports of (bop) - Dyes and Pigments, Petrochemic in Canada averaged 211.17 CAD Million from 1988 until 2020, reaching an all time high of 455.80 CAD Million in July of 2008 and a record low of 46 CAD Million in June of 1992. This page includes a chart with historical data for Canada Exports of (bop) - Dyes And Pigments, Petrochemic.

Wages in Austria increased to 2768.42 EUR/Month in 2018 from 2688.92 EUR/Month in 2017. Wages in Austria averaged 2287.45 EUR/Month from 1997 until 2018, reaching an all time high of 2768.42 EUR/Month in 2018 and a record low of 1866.40 EUR/Month in 1997. This page provides - Austria Total Yearly Wages - actual values, historical data, forecast, chart, statistics, economic calendar and news.

77-year-old entrepreneur BR Shetty ‘looking to buy out Emirati partners’

Internet orders and cargo plane demand could help DHL-owner meet €5bn operating profit goal

Vintage is best — chipped, stained and covered with lichen and moss

Despite good musicianship from both principals, their songs make little impression

Patrick Jenkins and guests discuss Google's move towards banking that could see it team up with Citigroup, why Australia's big four are facing difficult times and what's in the report on TSB's software failure last year. With special guest Masha Cilliers, Specialist Payments Partner at Be.

Contributors: Patrick Jenkins, financial editor, Tim Bradshaw, global tech correspondent, Robert Armstrong, chief editorial writer, Jamie Smyth, Australia correspondent and Nicholas Megaw, retail banking correspondent. Producers: Persis Love and Aimee Keane.

 

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“Yesterday” came to Paul McCartney in a dream one night in 1963. It’s now among the most covered songs in history, with efforts from the likes of Elvis, Marianne Faithful and Marvin Gaye. Credits: EMI, TNA Records, RCA Legacy, Universal Music  

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WhatsApp, which began testing its mobile payments feature in India two years ago, could offer at least one more financial service to people in its biggest market. In a filing with the local regulator in India, the Facebook -owned messaging platform has listed credit as one of the areas it will pursue in the country. […]

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McIlroy's second victory of the season followed his only missed cut of 2019 in the Memorial Tournament and gave the former world No 1 a timely confidence boost.

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