Michael Holding feels legalising ball tampering in the post COVID-19 world is a bit "self contradictory" while Proteas great Allan Donald is completely on the opposite end of the spectrum on a subject that has divided opinions. The International Cricket Council (ICC), during its recent CEC meeting, considered the use of artificial substances on the ball instead of saliva.

"I have read that ICC is contemplating preventing people from using saliva on the ball due to COVID-19 and allowing them to use foreign substances on the ball to keep the shine on but in front of the umpire. I don't understand the logic behind that," Holding told ESPNCricinfo. The West Indies great also questioned the ICC for shifting its stand on the issue by allowing foreign substance instead of saliva or sweat. "Before they got to that point they said if they restart cricket it has to be played in a bio-secure environment.

"They were saying cricketers for instance would have to isolate themselves for two weeks to make sure that everything was fine for when they got to the venue before the match started. And everyone involved (with the match) will have to do the same thing," he said. What Holding can't fathom is that if people quarantine themselves and then start playing, why saliva can't be used then.

"Now, if you are saying everyone is in the bio-secure environment, you are staying in the same hotel, you are not moving for the length of time you are playing the matches, if that is the case why are you worried about someone's saliva? "That person according to what you are doing should be free of Covid-19. If the ICC thinks that the two-week period to prove that you are free of Covid-19 is not foolproof, then that means you are putting everyone in that environment in jeopardy?

"Why would you want to play cricket under those circumstances? It's either safe or it's not. No guessing, please," one of the most respected voices in world cricket said. Pakistan legend Waqar Younis made it clear that use of saliva is a must and can't be done away with when competitive cricket resumes. "As a fast bowler, I reject this because this (using saliva and sweat) is a natural process. A ball exchanges hands all day, you run in, huffing and puffing, you sweat and using saliva is natural rather than on intent. It's a habit and you just can't control this aspect," Waqar said.

He felt that all these kind of ideas show desperation to start proceedings. "I don't know how this discussion came up but I feel people who want the game to be played are frustrated with the lockdown. They are overthinking about it. I doubt this new idea of using (artificial) substance instead of saliva is a solution.

"You can make a bowler use a predefined substance on the ball, but at the same time practically it's not possible to prevent a bowler using his sweat or saliva," Pakistan's current bowling coach said. Donald, however, is open to the idea. "I absolutely agree with legalising ball-tampering. I said so in an article sometime in the 2000s. It happens anyway, we see guys throwing the ball on the ground and umpires say to throw it up and it's pretty obvious what they are doing. It could work if it is well-monitored."

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Australian spin legend Shane Warne has offered a unique answer to the question of how to swing the ball without using saliva or resorting to tampering in a post COVID-19 world -- make one side of it heavier to ensure that it doesn't need any shining. Warne feels it can help fast bowlers generate swing even on flat wickets and permanently eradicate ball-tampering. "Why can't the ball be weighted on one side so it always swings? It would be like a taped tennis ball or like with the lawn bowls," Warne told the Sky Sports Cricket Podcast.

There is speculation that the use of saliva to shine the ball will be stopped to cut down the risk of the highly contagious. Responding to the extraordinary situation, Australian manufacturer Kookaburra has started developing a wax applicator -- which could be ready in a month -- as an alternative to saliva and sweat to help bowlers shine cricket balls in the post COVID-19 world.

"I'm not sure you'd want it to hoop around corners like Wasim (Akram) and Waqar (Younis) but it could swing and give the seamer something on flat wickets when it's hot and the pitch is at its flattest on day two, day three," Warne said. "It would actually be a really good way to move forward, as you know no one needs to do anything to the ball.

"You wouldn't have to worry about anyone tampering with it with bottle tops, sandpaper, or whatever. It would be a good competition between bat and ball," he added. The iconic spinner said while bats have become bigger and lighter, the ball has not evolved over the years and his suggestion can bring about a balance. "Have a look at how the bats have evolved. If you pick up one of the bats you started with in the 80s, and then one you used at the end of your career, it's like four of your old ones stuck together - but the thing is lighter!

"So why has the ball not evolved? If anything, it has got worse," added Warne, who is currently in the middle of shooting a documentary on his life for Amazon.

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A man disguised as a police officer went on a shooting rampage in Canada's Nova Scotia province, killing 16 people, in the deadliest such attack in the country's history, officials said, adding that the suspected gunman was also dead.

On Sunday, several bodies were found inside and outside a residence in the small town of Portapique, about 100 km north of Halifax, what police called the first scene, the Canadian Broadcasting Corporation (CBC) said in a news report.

Bodies were also found at other locations.

Overnight, police began advising residents of the town, already on lockdown because of the coronavirus pandemic, to lock their doors and stay in their basements.

Several homes in the area were set on fire as well.

Police identified the man believed to be the shooter as Gabriel Wortman, 51, who was thought to live part-time in Portapique.

Authorities said he wore a police uniform at one point and made his car look like a Royal Canadian Mounted Police (RCMP) officer.

Police first announced that they had arrested Wortman at a gas station in Enfield, outside Halifax, but later said he had died. It was not clear how, and they did not explain further.

RCMP spokesman Daniel Brien confirmed that 16 people had been killed in addition to the suspect, the CBC reported.

While they believe the attack did not begin as random, police did not say what the initial motive was.

RCMP Chief Superintendent Chris Leather said many of the victims did not know the shooter.

"That fact that this individual had a uniform and a police car at his disposal certainly speaks to it not being a random act," Leather was quoted as saying in the CBC news report.

He added that police believe he acted alone, adding that gunfire was exchanged between police and the suspect at one point.

In an update on Sunday evening, RCMP Commissioner Brenda Lucki said the incident was not being considered terror-related at this time.

Lucki said she believed the shooter had an initial "motivation" at the beginning that "turned to randomness".

"This is one of the most senseless acts of violence in our province's history," the CBC report quoted Nova Scotia Premier Stephen McNeil as saying.

In a statement, Prime Minister Justin Trudeau said: "As a country, in moments like these, we come together to support one another. Together we will mourn with the families of the victims, and help them get through this difficult time."

The number of victims in the Sunday rampage exceeds the shooting at Montreal's Ecole Polytechnique in 1989, which killed 14 women and injured 14 others in 1989.

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Pakistan Prime Minister Imran Khan has fired his special aide on I&B and replaced her with a powerful former military spokesman as he revamped his media team for the second time since coming to power amid mounting criticism for failing to address key issues including the COVID-19 outbreak.

Former Army spokesman Lt Gen (retied) Asim Saleem Bajwa, who is also the chairman of the newly created China Pakistan Economic Corridor (CPEC) Authority, has replaced Dr Firdous Ashiq Awan as the Special Assistant to the PM for information and broadcasting (I&B).

PM Khan also appointed Senator Shibli Faraz as the new information minister. Minister for Science Fawad Chaudhry announced the new appointments. The changes were made to blunt the perception that the government's media handling was not good and its work was not being properly highlighted amid the health crisis.

"The way these changes have been made will not give a good impression and help the cause of the government," analyst Ayaz Amir told Dunya TV. Pakistan has 14,079 COVID-19 cases so far.

301
No. of COVID-19 deaths in Pakistan

Now, Beijing to shut COVID-19 hospital

Authorities in Beijing are set to close a COVID-19 special hospital, Xiaotangshan Hospital, after clearing all the cases even as China reported six new infections and 40 fresh asymptomatic cases on Tuesday. The move comes days after Wuhan closed 16 temporary hospitals and discharged its last patient on Sunday.

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CASTROL INDIA share price has zoomed 6% and is presently trading at Rs 131.

Meanwhile, the BSE OIL & GAS Index is at 11,694 (up 1.4%).

Among the top Gainers in the BSE OIL & GAS Index today is CASTROL INDIA (up 5.7%).

Over the last one year, CASTROL INDIA has moved down from Rs 149 to Rs 131, registering a loss of Rs 18 (down 12.5%).

On the other hand, the BSE OIL & GAS has moved down from 15,092 to 11,694, loss of 3,398 points (down 22.8%) during the last 12 months.

The top gainers among the BSE OIL & GAS Index stocks during this same period were INDRAPRASTHA GAS (up 52.7%) and RELIANCE IND. (up 15.1%).

What About the Benchmark Indices?

The BSE Sensex is at 32,089 (up 1.5%).

The top gainers among the BSE Sensex stocks today are INDUSIND BANK (up 4.3%), HUL (up 3.3%) and KOTAK MAHINDRA BANK (up 2.9%). Other gainers include RELIANCE IND. (up 2.7%) and AXIS BANK (up 2.4%). The most traded stocks in the BSE Sensex are RELIANCE IND. and INDUSIND BANK.

In the meantime, NSE Nifty is at 9,383 (up 1.4%). The top gainers in the NSE Nifty include INDUSIND BANK (up 3.9%), DR. REDDYS LAB (up 3.5%) and KOTAK MAHINDRA BANK (up 3.2%). Other gainers include INDIABULLS HOU. FIN. (up 3.2%) and HUL (up 2.9%) are 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 16.63%).

CASTROL INDIA Financial Update...

CASTROL INDIA net profit stood at Rs 3 billion for the quarter ended December 2019, compared to a profit of Rs 2 billion a year ago. Net Sales declined 2.1% to Rs 10.1 billion during the period as against Rs 10.3 billion in October-December 2018.

For the year ended December 2018, CASTROL INDIA reported 2.4% increase in net profit to Rs 7.1 billion compared to net profit of Rs 6.9 billion during FY17.

Revenue of the company grew 1.4% to Rs 39 billion during FY18.

The current Price to earnings ratio of CASTROL INDIA, based on rolling 12 month earnings, stands at 15.6x.

This article (CASTROL INDIA Surges by 6%; BSE OIL & GAS Index Up 1.4%) 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.

Share markets in India are presently trading on a positive note. Benchmark indices advanced today tracking firm global cues.

Further, talks of an economic stimulus for small businesses battered by the coronavirus outbreak improved sentiment.

Reportedly, the government may unveil fiscal stimulus amounting to 0.3% of the country's gross domestic product, focusing on small and medium sized businesses, real estate firms and banks.

The BSE Sensex is trading up by 524 points while the NSE Nifty is trading up by 146 points.

The BSE Mid Cap index and the BSE Small Cap index are trading up by 0.9% and 0.7%, respectively.

Sectoral indices are trading mixed with stocks in the energy sector and telecom sector witnessing buying interest, while power stocks are witnessing selling pressure.

The rupee is currently trading at 75.44 against the US$.

Gold prices are currently trading down by 0.1% at Rs 46,134.

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

Moving on, market participants are tracking Shree Cement share price, TCI Express share price, and SBI Cards and Payment Services share price as these companies are scheduled to announce their March quarter results (Q4FY20) later today.

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

In news from the banking sector, public sector banks (PSBs) sanctioned loans worth Rs 5.66 lakh crore for the March-April period to 41.81 lakh accounts, according to the finance ministry.

The borrowers represented the micro small and medium sized enterprises (MSMEs), retail, agriculture and corporate sectors.

Reportedly, PSB loans amounting to Rs 265 billion have been sanctioned in 2.37 lakh cases for MSMEs.

This is part of the PSB initiative to prioritise pre-approved emergency credit lines and enhanced working capital requirements to the sector.

Meanwhile, PSBs sanctioned loans worth Rs 773.8 billion to non-banking financial companies (NBFCs) and housing finance companies (HFCs) between March 1 and May 4.

Including the Reserve Bank of India's (RBI) targeted long term repo operations (TLTRO) window, PSBs extended Rs 1.08 lakh crore of financing to ensure business stability and continuity.

The finance ministry said that the three-month loan moratorium facility announced by the RBI has been availed by 3.2 crore PSB accounts.

On Thursday, Finance Minister Nirmala Sitharaman said that the Indian economy is poised to recover from the recent crisis brought upon by the coronavirus pandemic with PSB sanctioning loans worth Rs 5.66 lakh crore in just two months.

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.

Moving on to news from the FMCG sector, shares of Hindustan Unilever (HUL) rose 4% today after institutional investors bought stake in the company via open market on Thursday.

The NSE bulk deal data showed that foreign portfolio investor Societe Generale, a French multinational investment bank and financial services company, bought 129 million shares of HUL at an average price of Rs 1,902.

UK-based Glaxo-SmithKline (GSK) offloaded its stake in HUL via block deals, yesterday.

According to the term sheet, over 133 million shares were offered in the range of Rs 1,850-1,950 to investors through a special block window.

The deal is valued roughly between Rs 246 billion to Rs 259 billion.

Note that last week, HUL reported a 7% decline in volumes in Q4FY20. The company's profit before tax fell 10.6% to Rs 19.9 billion, while net profit declined 1.2% year-on-year (YoY) to Rs 15.2 billion.

HUL share price is presently trading up by 3%.

To know more about the company, you can HUL's latest result analysis on our website.

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

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%).

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.

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.

Switzerland and Italy are to amend the customs status of the Italian enclave of Campione d'Italia.

Hong Kong has relaxed the rules for those buying residential property, with the publication in the Official Gazette of The Stamp Duty (Amendment) Ordinance 2018 on January 19, 2018.

Switzerland and Italy are to amend the customs status of the Italian enclave of Campione d'Italia.

The Canadian Government has said that it will review its tax ruling process and voluntary disclosures program as part of its response to recommendations made last year by a parliamentary committee.

The International Rice Research Institute (IRRI) South Asia Office in India, convened a multi-sectoral panel discussion on - “Creating Sustainable Value Chains for Transforming Food Systems” on 4 Feb 2020, at the National Agricultural Science Complex in Delhi.

Furthermore, wastewater volumes are increasing quickly, with a projected rise of roughly 24% by 2030, 51% by 2050.

A total of 5,00,542 samples have been tested by 9 a.m. on Thursday, out of which 21,798 have tested positive for coronavirus. The tests have been done from 4,85,172 individuals.

Furthermore, wastewater volumes are increasing quickly, with a projected rise of roughly 24% by 2030, 51% by 2050.

Rains continue to rage as the rivers keep swelling and breaking out in flashfloods leaving a trail of death and destr

In C-sections, it is safe to give antibiotics to mothers after umbilical cord clamping, to avoid exposure of the newborns to the antibiotics, stated study

New genetic signature combining specific maternal and fetal gene variants are associated with a higher risk of preeclampsia, reports a new study. The

Following a proper hand washing procedure can prevent a wide range of hospital-related infections, reports a new study. The findings of the study are

Virtual Reality (VR) is gaining reputation in fields such as multimedia, healthcare, leisure and schooling however an excessive amount of use of the know-how

The Motor & General Finance Limited has informed the Exchange regarding 'Submission of Shareholding Pattern for the quarter ended March 31,2020'.......

Mahindra Holidays & Resorts India Limited has informed the Exchange regarding Investor Presentation on the Financial Results of the Company for the quarter and financial year ended March 31, 2020......

INTERIM DIVIDEND

The 360-suite Embassy Suites by Hilton Tampa Downtown Convention Center has completed its final phase of a multimillion-dollar property renovation. The transformation focuses on bringing forth a vibrant, contemporary design with a touch of coastal inspiration. All the hotel's public spaces are completely renovated to maximize and create functional space throughout the hotel. The hotel's expansive atrium fosters an atmosphere of socializing and unwinding for guests. The renovated guest suites feature modern comforts, including two 55" flat screen high-definition TVs, a refrigerator, coffee maker, microwave and a selection of gourmet coffee and teas. New window treatments and locally inspired artwork complete the look of the revitalized suites. More than 9,000 sq. ft. of newly renovated, flexible meeting space offers creative set-up options, advanced audiovisual equipment and high-speed WiFi Internet access. The event spaces include large meeting rooms, two boardrooms and pre-function s...

Best Western® Hotels & Resorts announces the opening of the Best Western Plus Champaign/Urbana Inn, located at 516 W. Marketview Drive in Champaign, Illinois. Owned by Vip Patel and Jay Patel, the hotel recently completed a $1.9 million renovation and features 98 guest rooms and six suites. Hotel amenities include a heated indoor pool, fitness center, two different meeting and event spaces, complimentary hot breakfast and free wireless internet. Each newly updated room is equipped with a large flat-screen television, microwave and mini fridge. The hotel offers complimentary faxing, printing and scanning for business and leisure travelers alike. The Best Western Plus Champaign/Urbana Inn offers easy access to Market Place Mall, the University of Illinois at Urbana-Champaign and the University of Illinois Observatory, the State Farm Center sports and entertainment venue, the Spurlock Museum and Chanute Air Museum, and Crystal Lake Park....

Video game developers expand on their controversial opinions.

Fortnite is hosting Party Royale Premiere with live shows from Dillon Francis, Steve Aoki, and deadmau5.

The director of Suicide Squad said a lot of Jared Leto's Joker performance was cut from the film and remains unseen to this day. He praised the actor's performance and said he used the current portrayal of Joker in the DC comics as inspiration.

Smaller, but almost definitely not small. After criticism that Odyssey was a little too big, Valhalla will apparently scale back slightly.

3 more years! 3 more years! Nintendo Switch should see its life cycle extend into at least 2023, according to a new investor Q&A.

Jeremy Latcham has an important role to play. Entertainment One has inked a first-look deal with Marvel Studios alum Jeremy Latcham, with Dungeons & Dragons set as the first project.

Frank Miller brings King Arthur to Netflix! Netflix has revealed the first look at Cursed, a re-imagining of the Arthurian legend based on the illustrated novel by Tom Wheeler and Frank Miller.

Here's what the Xbox Series X startup sound looks and sounds like.

Jungle Cruise's Dwayne Johnson and Emily Blunt to star in Ball and Chain, Marc Guggenheim to script Prophet.

Xbox Series X & PS5 's Potential Call of Duty: Warzone Release - IGN Daily Fix In today's Fix: Warzone forever, free Jedi Fallen Order DLC , and new VR tech for Sony!

...

Here are some methods of implementation that you can consider for your business. Hopefully, there are some ideas here that will result in a more stabilized position when recovery begins. Whatever you have at your disposal to assist the employees, us...

The wide boulevards and parks of many famous international tourist cities were originally created as "lungs" for the urban environments and its people, creating thoroughfares of fresh air to fight disease. The famous grid systems upon which many Nor...

Luxury automotive major Mercedes Benz today said it will hire 1,000 engineers in the country next year for its research and development (R&D) initiatives in India.

Unaudited result for Non-Cumulative

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