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Kal Penn: I have a lot in common with Mikku the mongoose

Indian origin actor in Hollywood, actor Kal Penn, says he has a lot in common with the character of Mikku the mongoose, which he has voiced in the animated show Mira, Royal Detective. He also finds Mikku extremely adorable. "I have a lot in common with Mikku. We both love to eat a lot," Kal said

"Mikku is also super inquisitive in his own way so he's very excited to take direction from Mira and learn through her and help her out however he can," he added. Set in the fictional land of Jalpur, "Mira, Royal Detective" follows the life of Mira, a commoner who is appointed to the role of royal detective by the queen.

The series features an all-star cast of prominent South Asian actors including Jameela Jamil, Freida Pinto, Hannah Simone, Utkarsh Ambudkar, Aasif Mandvi and Aparna Nancherla amongst others. It also introduced 16-year-old newcomer Leela Ladnier as the voice of Mira. The show airs in India on Disney Channel India.

Earlier in an interview to IANS, talking about the show, Kal said: "When I first heard about the show, read the script, I was selfishly very excited towards it. I would get to do something for kids, because my earlier works (comedy or drama) were not that child friendly. And now, I have nieces and nephews so that was quite exciting to me. Next was obviously the whole South Asian cast and that it takes place in a fictional land of India, that was real fun. Then, I came to know the South Asian American performers as the cast that was a rarity in any kind of art (action or cartoon)."

"So I think it was a perfect combination. My character Mikku is super adorable and he wears these glasses and I was like, it is going to be the most fun and at the same time a meaningful project to be a part of," he added.

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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




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Police officers who tried to extort money, harass couple get suspended

The alleged moral policing at Aamby Valley has cost two policemen dearly. They have now been suspended and an internal inquiry is on. The two head constables have been identified as Sunil Tulshiram Magar and Sunil Baburao Kadam.

Additional Superintendent of Police, Sandeep Jadhav, said, "Three days ago, a family, including women members, were staying at a resort. The constables tried to extort money and harass the couple. Based on their complaint, the duo has been suspended."

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Man kills wife for refusing money to buy liquor in Uttar Pradesh

A man allegedly killed his wife when she refused to give him her jewellery to buy liquor. The incident took place in the Bamruliya village in the Farrukhabad district on Thursday. A case has been registered with the Nawabganj police station and a hunt has been launched to arrest the accused. According to the police, Prashant was married to Lakshmi Devi, 26, for six years and the couple has a five-year-old son and a three-year-old daughter.

"Prashant is a liquor addict. He would usually beat his wife in an inebriated condition. Prashant would frequently demand money from his wife for liquor. This time when she refused to give him money, he hit her with a wooden stick till she fainted and then escaped with her gold earrings," said Station House Officer (SHO) Rakesh Kumar Sharma.

"Lakshmi bled profusely and succumbed to her injuries. Her parents have lodged a complaint at the Nawabganj police station.

"We have booked Prashant under section 302 (murder) of the IPC. Raids are on to arrest him," the SHO said.

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Money Heist director Alex Rodrigo chooses Vijay as El Profesor, Shah Rukh Khan for Berlin's role, Ranveer as Denver for Indian version

Spanish drama Money Heist aka Le Casa De Papel on Netflix has quickly become of the most-watched shows on the streaming giant. From El Profesor to Tokio, fans absolutely love the characters. Bollywood Hungama recently shared the dream cast if Bollywood adapted it as a film.

During a recent interaction with Behindwoods, Money Heist director Alex Rodrigo was asked who would he select from the list of the Indian actors for the Indian version. Alex chose South superstar Thalapathy Vijay for the role of El Profesor whereas he said Shah Rukh Khan would be best suited for Berlin's role. He further said Ajith Kumar could play Bogota, Ranveer Singh as Denver. He wanted Mahesh Babu and Suriya to take on the roles Tamayo and Suarez. Thalapathy Vijay's fans trended 'Money Heist' in India on Thursday night on Twitter.

Created by Álex Pina, Money Heist aka Le Casa De Papel stars Álvaro Morte as The Professor, Itziar Ituño as Raquel, Úrsula Corberó as Tokyo, Miguel Herrán as Rio, Jaime Lorente Lopez as Denver, Alba Flores as Nairobi, Darko Peric as Helsinki, Esther Acebo as Monica, Hovik Keuchkerian, Rodrigo de la Serna, and Pedro Alonso as Berlin.

ALSO READ: From Shah Rukh Khan to Alia Bhatt, here’s the dream cast of Money Heist if remade in Bollywood




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Mohamed Salah sends money, food to poor back home during COVID-19

Liverpool's star footballer Mohamed Salah, 25, has donated a huge amount of money besides food to families in his hometown of Nagrig, a village in the Egyptian city of Basyoun, to help in the battle against the Coronavirus pandemic.

According to a report in British tabloid, The Sun, the Egyptian footballer sent supplies to poverty-hit residents along with some advice on how to stay safe from the virus.

Salah Ghaly, the Liverpool striker's father, said that the village has been sanitised and residents have been given facemasks to prevent the spread of the virus, which has already killed 205 people in the North African country. It is believed that the total amount donated by the Liverpool star is around £405,000 (R3.8 crore).
Mohamed is currently in lockdown like the rest of the UK, where the death toll has crossed 15,000.

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Cristiano Ronaldo donating money to help Portugal's lower league players

Football superstar Cristiano Ronaldo flew back to Italy on Monday after almost two months in Coronavirus lockdown in his native Madeira, Portugal, but he is continues to help with donations during this COVID-19 pandemic.

Lokomotiv Moscow's Portuguese player Joao Mario has told British tabloid, The Sun that Cristiano is donating money to lower league players in Portugal, who are financially hit due to the pandemic.

"It's a bad situation for everyone but in these kinds of situations, it's worse. They [Portugal's lower league players] really need our help. Cristiano presented us an initiative for us all to help especially those players that are struggling, that do not have professional contracts," said Joao.

Meanwhile, Manchester City star Bernardo Silva said, "Ronaldo suggested that Portugal players should donate 50 per cent of their Euro 2020 qualification bonus towards a players's fund in the Portugal Football Federation."

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Salomon Kalou's handshake video leaves German politicians shocked

A video of Hertha Berlin forward Salomon Kalou shaking hands with his team-mates "shocked" key German politicians, who are set to decide Wednesday whether the Bundesliga can resume next month. "The video has done the German league (DFL) and professional football a disservice," Anja Stahmann, chairwoman of Germany's regional sports ministers, told radio station RBB on Wednesday. "I have heard from colleagues that they are shocked and shaken.

"We were struck by great doubts when we watched the video," admitted the sports senator for the state of Bremen. "I got the impression that good rules were being written down on paper, but that they were not actually being lived out." The Bundesliga is set to be given the green light by the government on Wednesday to resume later this month behind closed doors and with strict hygiene measures in place.

Germany's regional sports ministers have already approved the Bundesliga's plans to resume, but Stahmann said Ivory Coast international Kalou's video left a bad impression. "Some people think the Bundesliga has lost its grip in times of a pandemic," Stahmann added. On Monday, the former Chelsea forward was suspended by Hertha after posting a video to Facebook showing him greeting team-mates and club employees with handshakes, flaunting hygiene guidelines laid out by the league. Kalou apologised for disregarding the social distancing rules, saying: "it was a big mistake".

The 34-year-old also said he could understand how his video, shot in the dressng room, caused shockwaves as the league was seeking permission to return to action. Kalou has scored 48 goals in 151 Bundesliga games for Hertha, but is out of contract at the end of the season and could have played his last game for the club. "It was respectless and I want to apologise for that sincerely," he added.

"But I am about more than those five bad minutes that people see of me in the dressing room." However, Kalou's video drew criticism from the top of the German government. Health minister Jens Spahn said it was "right" that Hertha suspended Kalou and there were "consequences after the video".

Bavaria's premier minister Markus Soeder said the league has developed an "excellent" hygiene concept but "there are individual players, as we have read, who are behaving very, very poorly".

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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




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Franklin Templeton Fiasco: Here Is When You Can Expect to Get the Money Back

Posted by Equitymaster
      

Many investors park their surplus money in debt schemes in an attempt to earn higher returns than Bank FDs. However the recent incident of Franklin Templeton MF winding down six of its debt schemes has dented investor sentiment and sparked speculation about the safety of their investments.

The news came as a shocker to the investors because the six schemes, the fund house, and the fund manager had a good performance record. Investors in the wound up debt schemes of FTMF are now left with no choice but to wait for the fund house make repayments.


If you are one of them, surely you want to know about the timeline of payouts from the respective schemes.

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Here is what you should know first...

Before returning the money to unitholders, the fund will have to repay the borrowings by the respective schemes that was taken to fund the heightened level of redemptions. Keep in mind that the repayment of borrowings does not impact the value of money to be returned to the unit holders, though it can delay the start of pay out to unitholders.

The repayment of the borrowings that the fund has taken, along with the cash flows it receives in the respective schemes based on the maturity of the underlying securities in the portfolio as well as coupon receipts will determine the payout to the unitholders.

Moreover, the fund will seek pre-payment from issuers of the underlying securities and will look to sell portfolio holdings in secondary market at fair value.

Table 1: Maturity profile of wound up FTMF schemes
Scheme Name Investment Objective Macaulay Duration Average Maturity
Franklin India Ultra Short Bond Fund Investing in instruments with Macaulay duration between 3 months and 6 months 0.38 0.44
Franklin India Low Duration Fund Investing in instruments with Macaulay duration between 6 months and 12 months 1.17 1.45
Franklin India Dynamic Accrual Fund Investing across duration 1.97 2.71
Franklin India Short Term Income Fund Investing in instruments with Macaulay duration between 1 year and 3 years 2.43 3.14
Franklin India Credit Risk Fund A bond fund focusing on AA and below rated corporate bonds (excluding AA+ rated corporate bonds) 2.36 3.38
Franklin India Income Opportunities Fund Investing in instruments with Macaulay duration between 3 years and 4 years 3.92 5.32
Data as on April 23, 2020
(Source: Franklin Templeton Mutual Fund)

Franklin India Ultra Short Bond Fund (FIUBF) and Franklin India Low Duration Fund (FILDF) are the schemes with shorter maturity. If you are an investor in this scheme, you may expect a significant payout within 2-3 years. However, to recover the entire amount you may have to wait up to 5 years.

If you are wondering why a scheme with average maturity of just 0.44 years and 1.45 years will take around 5 years to repay the entire amount?

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This is because the maturity of some underlying securities is much longer (around 4-5 years), even though the schemes belong to low duration category. Additionally, the schemes have borrowings in the range of 6.5% and 8.5% respectively, which have to be repaid first.

Whereas, if you are an investor in Franklin India Dynamic Accrual Fund (FIDA), Franklin India Short Term Income Fund (FISTIP), Franklin India Credit Risk Fund (FICRF), and Franklin India Income Opportunities Fund (FIIOF) your wait will be longer. These schemes primarily invest in medium to long duration securities.

These funds had to sell a number of their short term and liquid securities in the portfolio to meet redemptions. Hence, to get a significant payout from these schemes you will have to wait at least 4-5 years. The year wise expected cumulative cash flows is given in the table below.

Notably, FIIOF is the longest duration fund from among the six funds that have been wound up. It will only be able to repay a very small portion (5%) in the next two years.

Another key reason that could delay the payout from these schemes is the high borrowing rate. FISTIP has 28% of its assets as borrowings, FIIOF has 26%; while FICRF also has significant 16% as borrowings. Furthermore, factors such as credit issues or payment delays faced by any of the investee companies could negatively impact cash flows.

Table 2: Cash flows expected by FTMF across different time period

Many of the securities with longer maturities have regular interim cash flows and features such as interest rate resets or call/ put options, which significantly reduce the effective maturity and the same has been factored into the calculation of the Macaulay Duration.

FTMF said that it would actively explore opportunities with a goal to facilitate repayment prior to the maturity of the portfolio investments. To do this it will seek prepayment from the issuers of the underlying securities and look to sell the securities in the secondary market.

However, the current market scenario is rife with risk aversion and illiquidity. The fact that wound up schemes have high holding of lower rated securities, FTMF will have to wait for the market conditions to go back to normal to liquidate the portfolio at the earliest, without causing value erosion for investors.

[Read: RBI Steps in to Take Some Pain Off Mutual Funds. Will It Help?]

Way ahead for debt fund investors

Keep in mind that debt funds are not risk-free. Investment in debt funds carry various risks relating to liquidity, credit quality, and interest rate. Therefore, before investing in debt funds understand the various risks involved and invest in schemes where the portfolio risk aligns with your own risk appetite and financial objective.

In this market environment, it would be preferable to invest in instruments issued by government and public sector enterprises, and stay away from those having high exposure to private issuers.

At PersonalFN, we arrive at top rated funds using our SMART Score Model. 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.

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

Author: Divya Grover

This article first appeared on PersonalFN here.

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

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




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Simona Halep: It's unbelievable how world stopped due to COVID-19!

Wimbledon champion Simona Halep, 28, is pretty shocked to see a global lockdown due to the Coronavirus pandemic. "Not even in my worst nightmares could I think that the globe can stop in such a way. For me, it's a shock because I'm pretty young and haven't gone through too many tough times. This is something that belongs to a fantastic realm. They have stopped travelling, flight in order to avoid affecting our health and well-being. Maybe it's the best interdiction," Simona, 28, told Romanian TV show Garantat 100%.

The former World No. 1, who is currently in isolation at her Bucharest home, is taking "maximum care" to avoid contracting the virus, fearing it could affect her lungs.

"In the beginning, I had this fear but then analysed the situation and figured out that if you protect yourself, everything will be OK but I'm afraid for those with health issues. I fear this virus because even if we are healthy and have good immunity–we may resist it–but it [the virus] will leave us with a serious lung affection. That's why I have decided to take maximum care of myself. That's why I have decided to take maximum care of myself," added Simona.

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Sania Mirza: Coaches should be sensitive to 'hormonal changes that girls go through'

Tennis ace Sania Mirza said that one needs to be more sensitive while coaching young female sportspersons. Speaking in the All India Tennis Association and the Sport Authority of Indias digital Coachs Education webinar on Wednesday, Sania said that coaches need to be sensitive of the hormonal changes that girls go through while working with them.

"My dad always tells me that to work with a woman tennis player is a lot trickier and a lot more mental because I do think that there are a lot of issues that girls go through, especially when they are adolescent," said Sania.

"There are so many changes that are happening, internally in your body and externally as well. You are trying to be the best tennis player that you can be while there are so many hormonal changes happening as well, and it happens throughout the life of a woman.

"You can be a little bit more sensitive to their needs and the way they are because a lot of the times they are just trying to discover who they are, while they are also trying to be a tennis player. It can be a pretty tough job."

33-year-old Sania made her comeback to tennis this year after giving birth to her first child. She won the Hobart International in January before playing an integral role in helping India seal a historic playoff spot in the Fed Cup.

"Just the way I have managed everything else, I could manage both tennis and motherhood. I am lucky enough to have enough help around me as well, that is a huge plus point for me. My mom and my sister have played a huge part in giving me as much help as possible," said Sania on being asked about how she is managing the twin-role of mother and professional tennis player.

"A lot of people questioned it even when I was trying to make that comeback, how did you find time to lose so much weight. There's so much that happens with your body after you give birth. You just have to, sort of, adapt, find a way to take out two hours from your day to work-out and try to find that balance. It's also good for your own sanity as well, to find time for yourself."

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Tourism among five sectors to exploit on mission mode in northeast

Representational picture

Agartala: The first meeting of the 'Niti Forum for North-East' (NFNE) on Tuesday chosn five sectors including tourism and food processing to exploit them on mission mode basis to accelerate inclusive and sustainable economic growth of the region, said NITI Aayog Vice Chairman Rajiv Kumar.

Union Minister for Development of North Eastern Region (DoNER) Jitendra Singh, in a significant announcement, also said that henceforth 100 per cent funding would be made by the Central government for central sector projects in the eight northeastern states, which were earlier being undertaken on the basis of centre-state sharing in the ratio of 90 :10.

"In the first meeting, NFNE has identified five sectors to exploit them on mission mode basis to speed up inclusive and sustainable economic growth of the northeastern region," Rajiv Kumar told the media after the meeting.

The other sectors are bamboo, horticulture and 'Made in Northeast'.

Rajiv Kumar said that the focus of development and infrastructural projects in the northeastern region would be based on the concept of "HIRA" -- Highways, Inland Waterways, Railways and Airways as conceptualised by Prime Minister Narendra Modi.

The NITI Aayog Vice Chairman and DoNER Minister are Co-Chairmen of the NFNE constituted last month following Modi's direction to supplement the functioning of the DoNER ministry and North Eastern Council (NEC).

On the new funding pattern for central sector projects, Jitendra Singh said that this will only be applicable to the eight northeastern states, unlike the earlier 90:10 funding pattern which was in force for 11 special category states - which also included Himachal Pradesh, Jammu and Kashmir and Uttarakhand.

He said the infrastructure of the northeastern region, which had been neglected for 65 years, had got a boost under the NDA government, with utilisation of funds increasing to Rs 30,000 crore in the last financial year from Rs 24,000 crore in 2014-15 fiscal.

Singh said that for the development of highways and roadways and tourism sectors, two separate corporations were formed and to boost the industrialisation of the region, the "North East Industrial Development Scheme" was finalised last month by the union cabinet with the financial outlay of Rs 3000 crores up to March, 2020.

He said that under the UDAN phase two and phase three, all the northeastern states would be connected by airways and the region's connectivities with the neighbouring countries would be further developed.

Chief Ministers, Deputy Chief Ministers, Planning and Coordination, PWD Ministers of Tripura, Meghalaya, Nagaland, Mizoram, Arunachal Pradesh, Sikkim and Assam and top officials of all the eight northeastern states and various Central ministries attended the day-long NFNE meeting.

Rajiv Kumar said that 14 districts of eight northeastern states among the 115 most backward districts across the country and dubbed as "aspirational" districts, identified to accelerate the all-round development.

Of the 14 districts, seven are in Assam and one each in remaining seven states - Tripura, Meghalaya, Mizoram, Arunachal Pradesh, Nagaland, Manipur and Sikkim.

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New play pays tribute to Mumbai's harmony despite cultural diversity

Even before the term globalisation was coined, the city of Mumbai had neighbourhoods that were multicultural and yet lived in complete harmony. Director-actor Akshay Shimpi's upcoming play Mumbai – The City United, cashes on that beautiful diversity that has now become the nerve of the city. Shimpi says, "As an artist and Mumbaikar, we love this city. It inspires us. Many artists have expressed how the city has served as their muse. Their love has found shape in their respective art form. We have compiled their literature, poems, articles, paintings, plays and songs in this play as a tribute to our beloved city." The play has stitched together songs, skits and readings of stories from the glorious past of the city's literature.

Shimpi and his team acquired works of renowned artists in various languages. When asked why he chose to go with a multilingual play, he says, "Thanks to its cosmopolitan nature, Mumbai, over the years, has developed its own language. In fact, it has its own dialect, and there's also Hindi, which is spoken across the country. Using multiple languages was one way to reflect the true spirit of the city."


Shimpi and Dhanashree Khandkar who have written and performed the play

The cast will be performing songs by yesteryear folk artists such as Vasant Bapat, Anna Bhau Sathe, Patthe Bapu Rao to name a few. Their songs talk about various historical movements in the city such as the shutting down of mills, for instance. These verses have been woven into the script that touches upon the culinary and architectural heritage, festivals and even the city's underbelly.

Shimpi believes that Mumbai is so vast and varied, everyone has a different interpretation of what the city means to them. As for him, he says, "Whenever I'm asked to describe the city, I take reference from the folktale where seven blind men were asked to describe an elephant. For someone, it was a long tube (trunk) while for someone else it was a curtain like a flap (ear). For me, Mumbai is that elephant's stomach. It is so big that it can always accommodate everyone."

When: January 27, 7 pm
Where: Mumbai Marathi Sahitya Sangh, Charni Road, Kele Wadi, Girgaon
Entry: Rs 150
Call: 9619336336

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Taj Mahal, Mumbai Sea Link among top 10 travellers' choices


Bandra Worli Sea Link

The eternal monument to love, the Taj Mahal in Agra and the Rajiv Gandhi Bandra Worli Sea Link in Mumbai figure among the Top 10 TripAdvisor's Travellers' Choice awards of 2018 for most visited and popular tourist landmarks, it was announced here on Tuesday.

The other top Indian monuments in the list of awards include: Amber Fort in Jaipur, Golden Temple of Amritsar, the Qutub Minar, Humayun's Tomb, Swaminarayan Akshardham Temple, and Gurudwara Bangla Sahib in New Delhi, Agra Fort, and Mehrangarh Fort in Jodhpur.

The award winners were decided using an algorithm that took into account the quantity and quality of reviews and ratings for landmarks worldwide over a 12-month period.

This year's TripAdvisor awards recognize 759 monuments spread in 68 countries globally, said the company's Country Manager Nikhil Ganju.

"India's landmarks as as diverse at its heritage and are among some of the most iconic structures in the world. The list presents fantastic gems ranging from poignant memorials to sheer architectural marvels that are great options for travelers," he added.

Mumbai's sole entry to the list, the RGBWSL is one of its most prominent modern landmarks and an infrastructure marvel of a cable-stayed bridge cutting through the Arabian Sea to connect Bandra with Worli.

The top 10 Travellers Choice Landmarks of Asia include: Angkor Wat in Cambodia, Taj Mahal and the Golden Temple in India, Wat Pho or Temple of Reclining Buddha in Thailand, Mutianyu Great Wall of China, Fushimi Inari-taisha Shrine of Japan, Shwedagon Pagoda in Myanmar, Petronas Twin Towers in Malaysia, and the Cu Chi Tunnels in Vietnam.

Similarly, the Top 10 landmarks worldwide are: Angkor Wat, Plaza de Espana in Spain, Sheikh Zayed Grand Mosque Centre in UAE, St. Peters Basilica of The Vatican, Mesquita Cathedral de Cordoba in Spain, Taj Mahal, Duomo di Milano in Italy, Alcatraz Island and Golden Gate Bridge both in US, and the Parliament of Hungary.

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Smart money secrets (sethu9)

They insist for standing instruction facility for debiting annually.How safe is this ? Normally we are advised by bankers to authorize every time and giving this sort of standing instruction ...will it not amount to a blank cheque?..




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We might not be able to see any live sport for maybe 4-5 months: Sunil Gavaskar

The coronavirus outbreak has brought the world to a standstill and sporting events across the globe have either been cancelled or suspended. And former India skipper Sunil Gavaskar has said that with the way things are going, live sporting action may return only after another 4-5 months.

"The way things are going we might not be able to see any live sport for maybe 4-5 months. That's gonna be tough not just on the current players but also those who follow sport," Gavaskar told India Today.

"There are so many fans of different sports, for them to be able to only look at the old action after a time it gets boring, for nostalgia you can go back and see what happened earlier but actually you wanna see live sport be it on television or ground and for that not being able to be seen till September that's a worrying thing and I am pretty certain that the officials of all the sports are planning plan a, b, c to get over this period of uncertainty," Gavaskar explained.

While there have been talks of holding an IPL behind closed doors, Gavaskar said that it should be the last option.

"I think that's gonna be absolutely the last resort otherwise you know when you can't have absolutely anyone at the ground only then you should play without crowds.

"Every performer likes to perform in front of a crowd which appreciates the skills and temperament. Same in theatre. So i think it's not going to be easy on the performers as well. Players also want to do the high fives and hugs."

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




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India's physically disabled players finally get prize money from BCCI

The two-month wait endured by India's Physical Disability T20 World Series-winning team for their prize money from the BCCI finally ended on Saturday after the Indian cricket board ensured that the Rs 3 lakh [to each player and support staff member] was remitted in their respective bank accounts.

mid-day on Friday had highlighted the hopes players had from the BCCI after the cash reward was announced on March 4. The BCCI deposited Rs 2.70 lakh [after tax] to all 18 players and five support staff members of the winning team.

It was a huge relief for Suganesh Mahendaran, son of an auto rickshaw driver. "I didn't expect the money to come so soon. When my teammate Ramesh Naidu informed me, I just couldn't believe it. This money is quite precious and we will use it very carefully," said the hard-hitting Tamil Nadu all-rounder, who changed the complexion of the final v England with his 11-ball 33 to help clinch the title in August 2019 at Worcestershire.

Naidu was thrilled too. "It is a huge amount for jobless cricketers like me. I will give this money to my father as he knows how best to utilise it," said Naidu, who is doing his M Tech from IIT Chennai.

Coach Sulakshan Kulkarni thanked mid-day for highlighting the players' cause. "We all received the money from BCCI. mid-day's article has made a lot of difference. So, a big thank you," said the former Mumbai wicketkeeper and Ranji Trophy-winning coach.

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




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Ricky Ponting gets nostalgic, shares 1998 Commonwealth Games jacket picture

Remembering the loss at the hands of South Africa in Kuala Lumpur Commonwealth Games in 1998, former Australian skipper Ricky Ponting on Sunday shared a picture of his jacket that he used in the event.

Taking to Twitter Ponting posted a picture and captioned the post, "Found my jacket from the Kuala Lumpur Commonwealth Games in 1998. One of the few occasions we weren't good enough in a big tournament, South Africa outplayed us in the gold medal game."

In the gold medal match, Shaun Pollock led side outclassed Australia by four wickets with 24 balls remaining.

Proteas won the toss and asked Aussies to bat first. The team from Down Under was only able to post a total of 183, thanks to skipper Steve Waugh's unbeaten knock of 90 runs. Ponting failed to leave his impression on the scoreboard and was sent back to the pavilion after scoring just two runs.

Chasing 184, Mike Rindel and Jacques Kallis guided South Africa to a comfortable victory in 46th over. Rindel amassed 67 runs while Kallis scored 44 runs. Australia settled with a silver medal in the competition while New Zealand bagged the bronze medal.

For the first time, cricket was included in the 1998 Commonwealth Games in Malaysia. Matches were played over 50 overs and had List A status rather than full One Day Internationals.

However, now in Birmingham CWG 2022 women's T20 cricket has been included and eight teams will compete for the coveted gold medal.

The ICC will be responsible for the competition terms and the conduct of cricket, by way of providing match officials and ensuring matches are played as per the laws of the game.

The Birmingham 2022 Games will take place in England from July 27 to August 7, 2022, and will see 4,500 athletes competing at across 18 sports.

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




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Yuzvendra Chahal among best in world, can get better with better use of crease: Mushtaq Ahmed

Yuzvendra Chahal is among the best leg-spinners in international cricket right now but he can be more effective with better use of the crease, says former Pakistan spinner Mushtaq Ahmed. Ahmed picked Chahal, Australia's Adam Zampa and Pakistan's Shadab Khan among the top leg-spinners in white-ball cricket. "Chahal as been impressive. He is definitely among the top leg-spinners of the world. And I feel he would be more effective if he uses the crease a lot more," Ahmed told PTI.

Ahmed, who has coached all around the world and is currently a consultant for his native team, said India's ability to take wickets in the middle-overs in the limited overs format through Chahal and Kuldeep Yadav has been a game-changer for them. Both the wrist-spinners were brought into India's limited overs set-up following the 2017 Champions Trophy. Though, of late, both Chahal and Kuldeep havn't been playing together. "He (Chahal) can go wide of the crease at times. You got to be smart enough to understand pitches. If it is a flat pitch, you can bowl stump to stump," said Ahmed, one of the best leg-spinners Pakistan has produced. "If the ball is gripping, you can go wide of the crease because you can trouble even the best of batsmen with that angle. That way your googly also doesn't turn as much as the batsman expects and you end up taking a wicket." Chahal has taken 91 wickets in 52 ODIs at 25.83 and 55 wickets in 42 T20s at 24.34. He is not a huge turner of the ball but uses his variations very effectively. Ahmed also feels the likes of Chahal and Kuldeep have benefitted immensely from former captain M S Dhoni's advice from behind the stumps.

"You have got to be one step ahead of the batsman. You should know your field position as per the batsman's strength. I always say attack with fielders not with the ball. If you understand that theory, you will always be successful," the 49-year-old, who played 52 Tests and 144 ODIs, said. "India has become a force to reckon with in all three formats as it uses its bowlers really well. Dhoni was a master at getting the best out of his bowlers in limited overs cricket and now you have Virat Kohli." He also said the art of leg-spin remains relevant more than ever. "You need leg-spinners and mystery spinners in your team as they have the ability to take wickets at any stage of the game. I see a lot of them coming through in the next 10-15 years. "Most batsmen now like playing express pace but with a good leg-spinner in the team, you are always in the game," added member of the 1992 World Cup-winning squad.

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




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COVID-19: Female cricketer Anuja Patil offers groceries, money for people in Kolhapur

With no cricket in sight in the near future due to the COVID-19 pandemic, the sport's groundsmen are the worst affected. Touched by their plight, India women's all-rounder Anuja Patil has came forward to help the groundsmen in her hometown, Kolhapur. Patil has distributed groceries worth approximately Rs 40,000 to groundsmen besides providing financial aid to some in dire need.

Supporting Patil in this cause are former Maharashtra pacer Ramesh Kadam, her Maharashtra teammate Rutuja Deshmukh, U-23 batsman Ranjit Nikam and trainer Swapnil Kadam. The group visited Kolhapur's Shaupuri Gymkhana, Shivaji Maharaj Stadium and Shau Stadium and provided aid to 11 groundsmen.

'Challenging times'

"This is a challenging time for all. And having undergone some of these tough situations personally, I understand how challenging it is to manage things. I feel it's my duty to help the needy," Patil, whose father Arun used to be an auto rickshaw driver till a few years ago, told mid-day.

"This crisis may last for another couple of months, so I plan to meet these groundsmen again to help out," added Patil.

Kadam said: "So far, we have distributed 11 grocery kits comprising rice (25kg), wheat (25kg), sugar (10kg), oil (5litre), dal (5kg), tea powder, soap etc."


India A's Anuja Patil during the first ODI against Australia A at Brisbane last December. pic/Getty Images

Having represented India in 50 T20Is, Patil can't wait to put on her India jersey and get on the cricket field again. But before that, she is keen to use this lockdown phase to upgrade her skills. "I'm utilising this time to work on my game. I'm following the schedule that has been given to us by our coach WV Raman sir and also speaking to my local coaches—Suraj Jadhav and Anil Sangawkar. I spend two hours training every morning and evening. I do my batting drills by hanging the ball on a rod and also bowl a bit in my parking lot. I'm also working on improving my visualisation of the ball with certain drills," said Patil, who has claimed 48 T20I wickets with her off-spinners.

Mental preparation

Patil made a fine impression in the fifth and final T20I on November 20 last year at the Providence Stadium in West Indies, returning with figures of 3-1-3-2 to help India win by 61 runs. "I want to ensure that I am mentally prepared because whenever the situation is normal again, cricket will begin and I should be ready to perform," Patil concluded.

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.

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British PM Boris Johnson to return to work on Monday

British Prime Minister Boris Johnson will be back at work in 10 Downing Street on Monday, after recovering ving a London hospital in his fight against the novel coronavirus, Xinhua news agency stated after citing British media reports on Saturday night. Johnson told his cabinet colleagues that he will be back to his normal schedule following his treatment in St. Thomas' Hospital in London for COVID-19. Depending on doctors' advice, Johnson may host Monday's daily Downing Street news conference and possibly take on the new Labour leader Keir Starmer at Prime Minister's Questions on Wednesday, Sky News reported.

"He is 'raring to go' and will be back Monday," Sky News noted, citing a Downing Street source. Johnson said on April 12 that he had left the hospital "after a week in which the NHS has saved my life, no question." Johnson, who spent three nights in intensive care in the hospital, spent a week in Chequers, the prime minister's country house after leaving hospital.

"He had a Chequers meeting with advisers on Friday and he will be meeting the (British) health secretary, Matt Hancock, and getting back to his normal schedule," Sky News reported. British Foreign Secretary Dominic Raab, who is also the first secretary of state, had been deputized by Johnson to carry out his duties during his illness.

Earlier in the day, the British Department of Health said that a further 813 people had died of COVID-19 as of 1600 GMT on Friday, bringing the death toll to 20,319 and making UK the fifth nation globally to pass the grim milestone of 20,000 deaths, after the United States, Italy, Spain and France. Care home deaths and those in the community are still excluded from the British tally.

The UK-wide figure has doubled in less than two weeks. A total of 148,377 people have now tested positive for the virus in the country, a jump of 4,913 in 24 hours.

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.

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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




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Research Headlines - Biosensing test to transform disease diagnosis and monitoring

[Source: Research & Innovation] EU-funded researchers have developed an ultrasensitive test to rapidly, accurately and cost-effectively diagnose disease, underpinned by innovative biosensing technology that could help combat the COVID-19 pandemic, HIV and cancer.




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Demonstration of innovative technologies towards a more efficient and sustainable plastic recycling - polynSPIRE - 14 May 2020

[Source: Research & Innovation] Polymer Comply Europe (PCE) is pleased to announce its next live webinar on the polynSPIRE project “Demonstration of innovative technologies towards a more efficient and sustainable plastic recycling”, organised on behalf of European Plastics Converters (EuPC) and the polynSPIRE project. The live webinar will focus on recycling and redesigning the plastics value chain are essential in reusing plastic waste material and avoiding landfill. Webinar agenda: Welcome & Introduction About CIRCE The polynSPIRE project: goals, challenges and progress Questions & Answers Closing




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BSE Sensex Surges 640 Points; HUL Among Top Gainers

Posted by Equitymaster
      

The BSE Sensex has surged 640 points to 32,083 (up 2.0%).

Among the top gainers in the BSE Sensex today are HUL (up 4.3%), BAJAJ FINANCE (up 3.3%) and TCS (up 3.0%). Other gainers include RELIANCE IND. (up 2.8%) and MARUTI SUZUKI (up 2.7%).

BAJAJ AUTO (down 2.7%) and NESTLE (down 1.0%) are among the top losers today.

In the meantime, the NSE Nifty Index is up 3,299 points to 9,377 (up 1.9%).

The top gainers in the NSE Nifty Index include include HINDALCO (up 4.5%), HUL (up 4.2%) and ZEE ENTERTAINMENT (up 3.7%). Other gainers include GAIL (up 3.6%) and MARUTI SUZUKI (up 2.6%).

Over the last one year, the BSE Sensex has moved up from Rs 38,277 to Rs 32,083, registering a gain of Rs -6,194 (up -16.2%)..

The top gainers among the BSE Sensex stocks during this same period were BHARTI AIRTEL (up 66.4%), NESTLE (up 63.6%) and HUL (up 22.6%).

One Stock Crorepati: The Biggest Money-Making Opportunity Available Right Now

Which stocks contributed the most to the BSE Sensex?

The biggest contributors to the gain in the Sensex today were HUL (86 points) and BAJAJ FINANCE (68 points).

Among the other contributors were TCS (57 points) and RELIANCE IND. (43 points).

What about the other broader BSE Indices?

The BSE 100 index has gained -2,133 points today and is now trading at 9,475 (down 18.4%). The top gainer here is AVENUE SUPERMARTS LTD (up 76.0%).

The BSE 500 on the other hand gained 2,818 points (up 1.7%), and is currently at 12,141.



This article (BSE Sensex Surges 640 Points; HUL Among Top Gainers) 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.




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