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When Abhishek Bachchan fell into a bed of flowers, got lost during a trip with family

Amitabh Bachchan is the master of throwback pictures and moments. His social media account is a treat for all the Bollywood buffs and especially people who are their fans and admirers. They're fun, nostalgic and they give us a priceless glimpse back in history. Recently, he shared a picture from his family vacation.

Big B reminisced about his visit to the Keukenhof Garden, Netherlands. Not just that, the veteran actor also had a fun anecdote to share along with a picture of what he called the best garden in the world. The superstar revealed how son Abhishek Bachchan fell into a bed of flowers during the trip and got lost in the valley of flowers. He wrote, "We are all living in 'hortus conclusus' .. wandering about within ourselves .. in our 'enclosed garden' .. BUT .. Keukenhof , the most beautiful open garden is different .. such fond memories of Jaya Abhishek and Shweta in these heavenly spaces .. and little Abhishek falling into one bunch , into one kyaari and almost getting lost ... those were the days !!"

The superstar who is quite active on social media often shares pictures and memories of his family. Recently, his daughter, Navya Naveli Nanda, recently graduated from Fordham University in New York. He took to social media to pen a congratulatory message. Big B shared how they celebrated Navya's big day at his Jalsa home since the graduation ceremony has been stalled due to the COVID-19 pandemic. Along with the post, he shared a video in which Navya is seen wearing a home-made graduation gown and cap.

 
 
 
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A post shared by Amitabh Bachchan (@amitabhbachchan) onMay 6, 2020 at 8:13am PDT

Last week, Amitabh paid an emotional tribute to Irrfan Khan and Rishi Kapoor, who passed away on April 29 and 30 respectively.  He shared a collage of throwback pictures of Irrfan and Rishi on his Instagram and wrote, "The death of an elder celebrity vs death of a younger .. the grief of the latter more intense than that of the former .. why ..? The younger more tragic. Why the loss of the young seems more tragic than that of the older .. Because you lament the loss of opportunity in the latter .. unrealised possibilities (sic)."

 
 
 
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à¤Âà¤Â• वà¥Âƒध लà¥Â‹à¤Â•पà¥Âरिय à¤ÂÂœानà¥Â€ मानà¥Â€ हसà¥Âतà¥Â€ à¤Â•à¥Â€ मà¥Âƒतà¥Âयà¥Â vs à¤Âà¤Â• à¤ÂÂœवान लà¥Â‹à¤Â•पà¥Âरिय à¤ÂÂœानà¥Â€ मानà¥Â€ हसà¥Âतà¥Â€ à¤Â•à¥Â€ मà¥Âƒतà¥Âयà¥Â ; हमà¥Â‡à¤Â‚ à¤ÂÂœवान à¤Â•à¥Â€ मà¥Âƒतà¥Âयà¥Â à¤Â•ा दà¥Âà¤Âƒà¤Â– दरà¥Âद à¤ÂÂœ़à¥Âयादा , à¤Â•à¥Âयà¥Â‚à¤Â लà¤Â—ता हà¥Âˆ ; शà¥Â‹à¤Â• à¤Â•à¥Â€ à¤Â˜ड़à¥Â€ à¤ÂÂœ़à¥Âयादा भारà¥Â€ à¤Â•à¥Âयà¥Â‚à¤Â लà¤Â—तà¥Â€ हà¥Âˆ ; दà¥Â‹नà¥Â‹à¤Â‚ हà¥Â€ à¤ÂÂ…पनà¥Â€ à¤ÂÂ…पनà¥Â€ à¤ÂÂœà¤Â—ह , à¤Â•़ायम पà¥Âरà¤Âšलित , लà¥Â‹à¤Â•पà¥Âरिय , à¤ÂÂœानि मानà¥Â€ हसà¥Âतियाà¤Â , फिर à¤Âà¤Â• à¤Â•ा शà¥Â‹à¤Â• दà¥Â‚सरà¥Â‡ सà¥Â‡ à¤ÂÂœ़à¥Âयादा à¤Â—मà¥Âभà¥Â€र à¤Â•à¥Âयà¥Â‚à¤Â लà¤Â—ता हà¥Âˆ । à¤Â•à¥Âयà¥Â‚à¤Âà¤Â•ि , à¤ÂÂœà¥Â‹ à¤ÂÂœवान था à¤Â‰सà¤Â•à¥Â€ à¤Â—à¥Âà¤Â‚à¤ÂÂœाà¤Â‡श à¤Â•à¥Â€ मà¥Âƒतà¥Âयà¥Â हà¥Â‹ à¤Â—à¤Âˆ ; à¤ÂÂœà¥Â‹ à¤Â‰ससà¥Â‡ समà¥Âभावनाà¤Âà¤Â बन सà¤Â•तà¥Â€à¤Â‚ थà¥Â€à¤Â‚ , वà¥Â‹ समापà¥Âत हà¥Â‹ à¤Â—यà¥Â€à¤Â‚ । The death of an elder celebrity vs death of a younger .. the grief of the latter more intense than that of the former .. why ..? The younger more tragic Why the loss of the young seems more tragic than that of the older .. Because you lament the loss of opportunity in the latter .. unrealised possibilities

A post shared by Amitabh Bachchan (@amitabhbachchan) onMay 1, 2020 at 9:07pm PDT

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When Amitabh Bachchan shared the stage with kids Abhishek and Shweta

Abhishek Bachchan has recalled his childhood experience of being on stage with father Amitabh Bachchan, in a throwback video he shared on Instagram on Friday, with a long caption post. In the video, Big B can be seen introducing his kids Shweta and Abhishek to the audience, both of whom say "hello" into the mic.

Abhishek wrote: "#flashbackfriday In 1981, my father started the trend of film actors from India doing shows on stage and performing to their songs. Before that, only playback singers did so. I have so many memories of being on the road with him, his co-stars and the immense Kalyanji and Anandji and their 40 piece orchestra helmed by a young and upcoming Viju Shah ( Kalyan ji's son and future Music Director of huge fame)."

 
 
 
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#flashbackfriday In 1981, my father started the trend of film actors from India doing shows on stage and performing to their songs. Before that, only playback singers did so. I have so many memories of being on the road with him, his co-stars and the immense Kalyanji and Anandji and their 40 piece orchestra helmed by a young and upcoming Viju Shah ( Kalyan ji's son and future Music Director of huge fame). The rehearsals, sound checks, post show dinners in my parents suite in the middle of the night where tiffin's of Gujju food ( lovingly prepared by relatives and friends of the organisers or crew members locally in whichever city they were performing in) would be served to the entire cast and musicians and everyone would discuss the show and how it went whilst a very young, relatively unknown (then) and upcoming stand-up comic would enthrall everyone for hours on end with his mimicry and comedy till it was morning and time to leave for the airport to take the flight to the next city. His name was Johnny Lever! On the flight everybody would take over the economy class, fold forward all the seats to make a huge गद्दा like setting and the musicians, singers and dad would sing and jam and maybe create a new song to be performed later that night at the next venue. This routine went on 3 days straight. I doubt they must have slept for a collective 2 hours over those weekends. Functioning purely on adrenaline! Rest during the week and the routine would resume from Friday, again. What times! As a child standing in the wings looking at the show in awe and wonderment. Not realising at that time the legends that I was blessed to witness perform live. Secretly imagining myself on that stage once I grew up. As you can see from this video, my sister couldn't wait to get off the stage and all I wanted to do was stick around. Thank you @mosessapir for sourcing out this video. It brought back such wonderful memories. @amitabhbachchan @shwetabachchan

A post shared by Abhishek Bachchan (@bachchan) onMay 7, 2020 at 11:09pm PDT

"The rehearsals, sound checks, post show dinners in my parents suite in the middle of the night where tiffin's of Gujju food ( lovingly prepared by relatives and friends of the organisers or crew members locally in whichever city they were performing in) would be served to the entire cast and musicians and everyone would discuss the show and how it went..."

Johnny Lever was an indispensable part of the stage shows. Talking about the noted comedian, Abhishek further wrote: "...A very young, relatively unknown (then) and upcoming stand-up comic would enthrall everyone for hours on end with his mimicry and comedy till it was morning and time to leave for the airport to take the flight to the next city. His name was Johnny Lever!"

While celebrities are known for traveling by business class in airlines, this group was slightly different, reveals Abhishek. He wrote: "On the flight everybody would take over the economy class, fold forward all the seats to make a huge ‘gadda' like setting and the musicians, singers and dad would sing and jam and maybe create a new song to be performed later that night at the next venue. This routine went on 3 days straight. I doubt they must have slept for a collective 2 hours over those weekends. Functioning purely on adrenaline! Rest during the week and the routine would resume from Friday, again. What times!"

Abhishek added: "As a child standing in the wings looking at the show in awe and wonderment. Not realising at that time the legends that I was blessed to witness perform live. Secretly imagining myself on that stage once I grew up. As you can see from this video, my sister couldn't wait to get off the stage and all I wanted to do was stick around."

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This is what happened when a guy touched Divyanka Tripathi inappropriately once

Sexual harassment at workplaces and in Bollywood has unfortunately been rampant for years. There are multiple names that have come out and shared their horrific and shocking stories. And the recent one is Divyanka Tripathi, who recalled an incident when a guy at a cinema hall touched her in an insolent manner.

Talking to SpotBoyE, she recollected what exactly unfolded on that fateful day and how she reacted. She said, "It happened in one of the theatres, these were the days when tickets were sold in Black at single screens. So, there should be a lot of rush. I had gone to watch a film and was in the cue to buy tickets. There was this guy who was taking advantage of the crowd and touching me inappropriately."

She added, "I lost my cool, held his hand, and of course, after that I slapped him hard and in no time public was all over him." There's a lot of stigmas attached to speaking openly about one's bitter experiences and especially when you're an actor. The fear of being judged looms large and that unfortunately and incorrectly keeps them away from speaking up. But now, given the power of social media, actors and actresses have become fearless and ferocious. They now know how to give it back!

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Throwback Thursday: When a young Janhvi Kapoor met Salman Khan on Dus Ka Dum sets!

These days, since Bollywood celebrities are not shooting and only spending time at home and sharing their videos and pictures and also a lot of interviews, fans have been following them religiously. And good thing that all these Bollywood celebrities have numerous fan-clubs on social media that keep sharing their old and unseen videos and pictures too. One of them is Janhvi Kapoor.

A fan-club of the actor took to its Instagram account to share a classic Throwback Thursday video where she could be seen in an adorable interaction with Salman Khan on the sets of his game show Dus Ka Dum. And guess what, the contestants were none other than Boney Kapoor and Sridevi. The year was 2009 when Janhvi's parents graced the show for the promotions of Salman's film Wanted, which Boney Kapoor and Sridevi produced.

Salman asks Janhvi if marriages are made in heaven, and her reply will melt your heart. Have a look right here:

A decade later, Janhvi is a rising star and a promising actor. And given her line-up of films in the future, she could give her contemporaries a run for their money. This is what it looks like currently- Dostana 2, Gunjan Saxena, RoohiAfzana, and Takht. We are waiting for them!

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This is when Hina Khan feels 'prettiest'

Actress Hina Khan shared a stunning post-workout photograph of herself and said she feels the prettiest when she sweats. Hina took to Instagram, where she shared a picture of herself flaunting her post workout glow. She is seen dressed in a white-and-grey exercise gear.

"I feel Prettiest when I Sweat... #WorkOutWithHinaKhan#WorkOutInStyle," she captioned the image, which has over 303K likes. Amid lockdown, Hina took to sketching to show the present situation of the country. She shared a sketch resembling a map of India, tied with a lock and chain.

 
 
 
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I feel Prettiest when I Sweat 💧 #WorkOutWithHinaKhan #WorkOutInStyle 👍

A post shared by HK (@realhinakhan) onApr 23, 2020 at 7:47am PDT

On the acting front, the actress, was last seen onscreen in Vikram Bhatt's "Hacked". The film explored the dark side of the digital and the social media world. It also features actors Rohan Shah, Mohit Malhotra and Sid Makkar.

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When Nitesh Tiwari's daughter turned cinematographer for him

The lockdown period brought filmmaker Nitesh Tiwari in front of the camera, and his nine-and-a-half-year old daughter Amaarisa got a chance to be a cinematographer on a scratch film for Kaun Banega Crorepati.

The new campaign has the show's host Amitabh Bachchan inviting KBC aspirants. It was shot from the confines of home, in the wake of the ongoing COVID-19 pandemic. Tiwari remotely directed the registration promo.

But before Big B's final video, there was a scratch film too. Talking about it, Tiwari told IANS: "This the first time I have done something like this. I've never shot a film sitting so far away from my star but yeah it was an interesting experience for me."

"The thing is when we were writing this campaign, we knew the restrictions under which this film would be shot so we didn't get really ambitious with the execution. We kept it very simple."

Explaining the campaign's execution process, the "Dangal" director shared: "For the execution bit, I had various chats with Mr. Bachchan, and to make it easier for him because he was only going to shoot the film at his house, I made a scratch film featuring me. My daughter (worked) as the cinematographer. I edited that film and I sent it across to him so that he could get a good idea about how I was looking at the film. And then Mr Bachchan did the rest. In fact, he did more. He was kind enough to send optional takes also...in case, I needed to look at alternatives. After that we did the post-production work, everybody sitting at their own homes."

This year, the campaign is all about: "Har cheez ko break lag sakta hai, sapno ko nahi (everything can take a break, but not dreams).

"Whenever we get down to working on KBC campaigns, what we normally do is we tap into the mindset of the people of the country at that point of time and given the situation we all are in, we chose to explore the possibility of having a campaign which was based around the idea of we being in the situation and how you tie it up to KBC as a game show," he said.

"We all know KBC is not just a game show. It's a means for people's dreams to be fulfilled. That's when we got this idea."

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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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Kaun Banega Crorepati is back! Here's when registration of season 12 begins

It's the time to rejoice for Kaun Banega Crorepati fans. The makers of the decade-old quiz show have finally revealed the registration date for the new season. The fresh season is expected to air in a shortly from now.

Kaun Banega Crorepati, is a show that most of us have grown up with and have participated in, sitting comfortably at our homes, yet feeling the same complex set of emotions as the participants on the coveted Hot Seat. We have all felt the adrenaline rush in this quest of knowledge, to deduce the answers to questions that can take one from being a nobody to a somebody.

KBC has been synonymous with knowledge and has constantly provided a platform to millions in realizing their dreams. From the civil services aspirant Harshvardhan Navathe, the very first Crorepati, to a mid-day meal cook Babita Tade, KBC has set an example for people to believe in themselves and achieve big in life.

9th May will see Mr. Bachchan asking the very first KBC Registration question at 9:00PM on Sony Entertainment Television. This will continue until 22nd May. There will be a new question presented by Mr. Bachchan every night. All one has to do is nswer these questions correctly via SMS or through SonyLIV.

Given the current times, while one ponders how to get through the day, KBC has come as an answer to use all your time productively, while at home. While we may be under a lockdown, knowledge knows no bounds, and it’s always good to value the power of knowledge and put it to good use.

Get ready to let knowledge fulfil your dreams with Kaun Banega Crorepati, starting 9th May at 9:00 PM only on Sony Entertainment Television

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Indians cheat on spouses when it comes to watching Netflix

New Delhi: If you think your spouse is not watching Netflix shows in your absence, you are wrong. Forty-six per cent Indian couples -- second only to Hong Kong -- cheat on their significant other by binging ahead to watch Netflix shows, a new survey has revealed.

Surprisingly, 39 per cent streaming couples in India even said watching 2-3 episodes ahead would be a reason for a breakup.

Conducted by the online survey firm SurveyMonkey and involving 30,267 responses for on-demand streaming website Netflix, the report defines cheating as watching a TV show ahead of your significant other.

"In India where 79 per cent couples believe that streaming is a way to spend time together, almost 60 per cent of couples consider binging ahead as cheating and nearly half have even admitted to this 'offence,'" the findings showed.

The Indian culture has a reserved place for humour. So unsurprisingly, 61 per cent of the couples cheat on comedy shows -- higher than the global average of 44 per cent.

"A third or more of Indian respondents have watched ahead on every other genre polled, including documentaries, sci-fi, fantasy, drama and horror," the study noted.

Netflix cheating in India is not intentional as 78 per cent of cheating is unplanned. It is the temptation that makes Indian couples fallible.

Forty-three per cent of Indians 'cheat' out of 'fear of missing out' (FoMO) so that they could keep up with conversations with friends and co-workers.

Cheating on your partner even when you share a room requires special skills. Forty-two per cent Indians said that when one partner falls asleep, they secretly watch Netflix shows.

But some relationship rules are bizarre. A quarter of Indians said that a partner who falls asleep deserves to be cheated on.

Hong Kong has 59 per cent of cheaters in Asia followed by 46 per cent in India. Globally, the Netherlands has the most loyal viewers at 73 per cent.





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When Dwayne Johnson lost the role of Jack Reacher to Tom Cruise

Hollywood star Dwayne Johnson says he had auditioned for the part of the popular character Jack Reacher, which he lost out to actor Tom Cruise.

He made the revelation during a Q&A session on Instagram. Through a seven-minute video, Johnson said he really wanted the role in the 2012 action movie, adding that losing it opened another door for him, reports dailymail.co.uk.

"Business is business and I'm happy (Cruise) got it," he said. The action star said he was confident about getting the part as he believed his physical attributes were perfect for the character, which has been created by author Lee Child.

"In Hollywood, actors are kind of like in-a-box. There are actors that can vie for a particular role because it allows for them to have a certain look, skin colour, size, etc. Fortunately, for me, there aren't a lot of guys at all who look like me. So, all of my roles, from the beginning of my career, I've been a lucky son of a b***h that they've been created and designed for me -- except Jack Reacher," he said.

At that time, Johnson said that Cruise was "biggest movie star in the world".

"I got the call saying 'Hey, you didn't get the role'. Look, I didn't even know if I had a shot for it, but the people around me at that time made me think that I did. I felt like I did, I felt like 'Why not me?'" he said.

"I'm positive that the role of Jack Reacher, because it was an established character, an IP that was well known and beloved around the world, that I wouldn't have had the creative space to do what I wanted with the character. I look back in gratitude that I didn't get Jack Reacher," he added.

Later, Johnson got a chance to essay the role of Luke Hobbs in the fifth installment of the Fast & Furious franchise.

"The universe works in funny ways though, as when that door shut on me, another door opened with the opportunity to create a character from scratch that was of my DNA," he said.

Today, Johnson is one of the highest-paid actors in Hollywood, and has iconic films, including The Mummy Returns, Journey 2: The Mysterious Island, Hercules, Snitch, Moana, revamped Jumanji franchise and Fast & Furious Presents: Hobbs & Shaw, under his belt.

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Halle Berry recalls moment when Pierce Brosnan saved her from choking

Actor Halle Berry has revealed that former James Bond star Pierce Brosnan once saved her life when they were filming "Die Another Day". Berry portrayed Jinx opposite Brosnan in the 2002 movie, which had marked his last outing as the suave British spy.

Talking to Jimmy Fallon on his "Tonight" show, Berry, 53, said during a scene, she started choking but Brosnan quickly came to her aid. "I was supposed to be all sexy, trying to seduce him with a fig, and then I end up choking on it and he had to get up and do the Heimlich," she said.

"That was so not sexy... James Bond knows how to Heimlich! He was there for me, he will always be one of my favourite people in the whole world," she added. The Heimlich manoeuvre is a first aid procedure used to treat upper airway obstructions by foreign objects. During the procedure, a sudden strong pressure is applied on a person's abdomen, between the navel and the ribcage. On the work front, Berry will be next seen in "Bruised" which also marks her directorial debut.

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How Michael Jackson reacted when Madonna told him to 'dress like a girl'

The late king of pop Micheal Jackson once got mad at pop diva Madonna for asking him to dress up like a girl for his "In the closet" music video. During Kenneth "Babyface" Edmonds' Instagram Live battle with Teddy Riley, the former spilled some hot goss on Michael Jackson, reports aceshowbiz.com.

In between songs, Edmonds recalled what Jackson told him: " 'Babyface, can you believe she wants me to dress like a girl?' He was like, 'I'd never do that.' He said, 'She was trying to change it all up. It was crazy.' "

The record producer then mentioned that the "Heal the world" hitmaker "was really mad about it", to the point where he decided to replace Madonna with Naomi Campbell. Produced by MJ and Teddy Riley, "In the Closet" was released in April 1992 as the third single of his eighth album "Dangerous".

The song was originally conceived as a duet between MJ and Madonna.

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When Jessica Simpson nearly got hit in the face by son's baseball

Singer Jessica Simpson was having a relaxing moment when she almost got hit in the face by son's baseball. Jessica is enjoying the quality family time as she quarantines amid the growing coronavirus pandemic.

But it's not all perfect moments for the Texas native as she isolates with her husband and three kids. She posted a photo of her in a bikini on Instagram as her son Ace hit a baseball that nearly collided with her face, reports dailymail.co.uk.

The 39-year-old is seen basking in the sun while floating on a mat. The baseball splashing next to her head is also visible. She wrote: "Attempted gettin' some sun and my son smacked a homerun from the driveway that almost nailed me in the face. Proof is in the splash. Needless to say, I got off the mat."

Simpson shares son Ace Knute and daughters Maxwell Drew and Birdie Mae with husband Eric Johnson.

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When old man in Himalayas recognised Kate Winslet as Titanic girl

Hollywood star Kate Winslet might have impressed fans many times over with her immense talent and glamour, but true-blue fans have always instantly remembered her as Rose in the 1997 blockbuster "Titanic". Winslet would realise as much during a trip to India after the film released.

"Titanic was everywhere. A couple of years after it came out, I went to India. I was walking in the foothills of the Himalayas, just me with my backpack on my back and a man came towards me with a walking stick -- he must have been 85 and was blind in one eye. He looked at me and said, 'You - Titanic'. I said yes and he just put his hand on his heart and said, 'Thank you'. I burst into tears. It really helped me understand how much that film had given to so many people," Winslet told Candis magazine, according to news18.com.

The actress starred in James Cameron's multiple-Oscar winning romantic tragedy opposite Leonardo DiCaprio.

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Throwback: When Rishi Kapoor and Neetu Kapoor dined with Abhishek Bachchan and family in New York

After a two-year-long battle with cancer, veteran actor Rishi Kapoor recently breathed his last. He, accompanied by wife Neetu Kapoor, spent nearly a year in New York, being treated. Kapoor enjoyed unmatched love and respect from the industry and the list of people who visited him during his stay at NYC is rather long. From Shah Rukh Khan, Aamir Khan, Karan Johar to Priyanka Chopra, Deepika Padukone, Vicky Kaushal and many more, stars, as and when they were in the city, would catch up with the late actor and we would keep coming across happy pictures on Neetu Singh's Instagram.

While crawling the internet, we came across this photo of Abhishek Bachchan, Aishwarya Rai Bachchan and daughter Aaradhya Bachchan, posing with Rishi and Neetu, son Ranbir Kapoor, beau Alia Bhatt and Ranbir's sister Riddhima Kapoor Sahni. We remmeber Abhishek and family dining with the Kapoors at New York, and for those who recollect, Alia would also fly off whenever she could, and also celebrated her Christmas there, with Ranbir and family.

Rishi Kapoor, who reportedly had a relapse of cancer, was admitted to Mumbai's Sir HN Reliance Foundation hospital, and took his last breath on 30th April.




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Neymar on Lionel Messi: When I needed the most support, he gave me a hand

Barcelona skipper Lionel Messi has often spoken about the liking he has had for former teammate Neymar and the Brazilian has now revealed how one of the greatest footballers to have played the beautiful game always had his back at the La Liga club.

"Honestly, it's difficult, very difficult for me to talk about Messi, because it was very special for me at Barcelona, I say this to everybody," he told Rede Globo's Esporte Espetacular.

"At the moment when I needed the most support, the best player in the world arrived and gave me a hand. He said: 'Come here, I'm here to help you.'" Messi had earlier spoken about how he is still in touch with Neymar and it will be slightly difficult for him to make a return to the club from Paris Saint-Germain.

"We talk to Neymar often. We still have a WhatsApp group with Luis (Suarez)", Messi told Argentina's Radio Metro, as quoted by ESPNFC.

"It's difficult for him to come back, as he left here, many club members and people do not want him to come back. From a sporting point of view he would be wonderful, but the other view is also understandable. It is a bit difficult," Messi had said.

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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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.

Join Now: PersonalFN is now on Telegram. Join FREE Today to get 'Daily Wealth Letter' and Exclusive Updates on Mutual Funds



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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This is what happens to your body when you lose weight too fast


Representational picture 

Did you know losing too much weight too fast can be harmful for your health? Losing weight is not always a euphoria moment, sometimes it can be bad for health. Thus, it is important is to understand the relationship between health and the correct body weight.

The market is flooded with options to lose weight - crash diets, supplements, pills etc. - all promising a rapid weight transformation. But are these quick fixes the right choice?

"Losing weight too fast means putting your health at risk. A slow and steady weight loss plan is always a good idea. This way you can lose the unwanted weight without any side effects. A lot of us get tempted with the lucrative promises of quick weight loss and end up harming our health drastically. This issue needs attention and a lot of emphasis should be put on this problem," said Dr. Pooja Chaudhary, wellness consultant, Healthians.

It is important to understand the concept of rapid weight loss. Losing weight around 0.45 kg-0.9 kg per week is a safe bet. But, losing more than that can be considered as rapid weight loss which can have an impact on the health.

The common ways by which people try to lose weight are:

1. Starvation Diets

2. Consumption of diet pills or supplements

3. Opting for very-low-calorie diets

4. Over-exercising

At the start of exercise plan or diet plan, people witness a sudden weight loss of 2-3 kg. This is actually the water weight. The initial sudden weight loss is normal. But after this initial loss, anything more than 0.45 kg-0.9 kg per week could brew trouble for you in the long run.

Here are various health problems, as suggested by Dr. Angeli Misra (Co- Founder of Lifeline Laboratory), that sudden weight loss can trigger.

Disturbing the Body's Equilibrium: Our bodies can adjust to the minor dietary changes and run smoothly but rapid and drastic changes can wreak havoc. Sudden weight loss causes electrolyte imbalance in the body. A sudden decrease in the food intake (by following crash diets) will lead to an unexpected reduction in the electrolytes level, particularly potassium and magnesium.

Heart Problems: Sudden weight loss can damage the blood vessels which further leads to fluctuations in heart rate, blood pressure, irregular heart rhythm, thus increases the risk of heart failure. Although exercises aid in weight loss, they are really dangerous for heart health.

Gallstones: The quick weight loss can cause the cholesterol in the liver to seep in the bile which can lead to the formation of stones. It is always wiser to lose weight slowly and follow a proper weight loss plan. Completely avoid those crash course diets and severe fasting as the greed of losing weight quickly can seriously affect our health.

Can indicate diseases like diabetes, cancer: If you are losing weight quickly without even trying, it can be an indication of serious diseases like cancer, diabetes, tuberculosis, celiac diseases, COPD, etc. Sudden and unexplained weight loss needs immediate and proper attention. It is extremely important to seek medical advice. Therefore, the key to a healthy weight -loss is maintaining a balance and losing weight slowly and steadily!¿ concluded Chaudhary.

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I thought we would lose when Yuvraj Singh got out: Mohammed Kaif on NatWest final

Former India batsman Mohammad Kaif had thought the famous NatWest Series final, which India won defying odds against England, was lost when Yuvraj Singh got out in their daunting chase of 326 at Lord's in 2002.

India, led by Sourav Ganguly, won the final by two wickets with three balls to spare riding Yuvraj and Kaif's sixth-wicket stand of 121 runs. The Men in Blue were 146/5 at one stage when the pair joined hands and from there the rest was history.

Kaif remained unbeaten on 87 to take India home with Zaheer Khan at the other end but Yuvraj got out in the 42nd over on 69, with India still needing 59 for victory and four wickets in hand.

"When you (Yuvraj) got out, I thought the match is gone. I did not think we will win," Kaif said in an Instagram Live chat with Yuvraj.

"I was set, you were there. So I believed if we played till the end India win will. But you got out and India lost hope and my heart broke," Kaif added.

The victory, also remembered for Ganguly celebrating by opening his shirt at the Lord's balcony, changed Indian cricket forever in ways more than one.

Kaif also picked out Yuvraj's 25-ball 58 against Australia in the 2000 U-19 World Cup where the former was the captain as one of his best knocks despite the decorated southpaw smashing six sixes and having many other memorable knocks in his illustrious career.

"That innings, the way you dominated the likes of Mitchell Johnson, Shane Watson was amazing. You have many superb knocks, you hit six sixes...but to me at the U-19 level to see someone bat like that...was special. We all knew you will go far and play for a long time," Kaif said.

Rated as one of the best fielders in India, Kaif said he worked on his fielding as he wanted to stand out in one of the departments.

"I always wanted to be different and I wanted to focus on fielding. I worked really hard on my fielding."

Yuvraj added that he and Kaif changed the momentum for India on the field during those days.

"At point and cover we changed the momentum in a lot of ways. Now the team has so many good fielders but I feel we changed the momentum," said Yuvraj, himself a livewire.

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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Harbhajan Singh: When MS Dhoni is not playing cricket, he goes off radar

Veteran off-spinner Harbhajan Singh is convinced that MS Dhoni will not play for India again, adding to the guessing game over the former captain's future. Dhoni, 38, has not appeared for club or country since last year's 50-over World Cup and India's Coronavirus lockdown could threaten his chances of getting back into the national team.

IPL-caused hurdle

The Indian Premier League, the main platform before this year's scheduled T20 World Cup, is likely to be truncated or cancelled because of the pandemic. Harbhajan, who plays with Dhoni at IPL side Chennai Super Kings, said that international retirement was on the cards for Dhoni and that he was increasingly being asked about his teammate. "It's up to him. You need to know whether he wants to play for India again," Harbhajan said in an online forum. "As far as I know him, he won't want to wear India's blue jersey again. IPL he will play, but for India I think he had decided the [2019] World Cup was his last."

Meanwhile, India's limited-overs vice-captain Rohit Sharma said he has no idea what's happening with elusive former captain Dhoni, about whom he hasn't heard anything since India's semi-final exit from the World Cup last year. With the IPL postponed indefinitely, the chances of an improbable India comeback look even more bleak for Dhoni, who has not played cricket for months now.

During an instagram chat with Harbhajan, Rohit said that he has "no news about Dhoni". "We don't know what's happening with him. We haven't heard any news about him. The last match of the World Cup was in July. From there, till now we haven't heard anything, I have no idea," Rohit said during the live chat.

'MS is off the radar'

In his typical tongue-in-cheek manner, Rohit said that anyone who wants to know about Dhoni should personally contact him. "When MS Dhoni is not playing cricket, he goes off radar. He goes underground. Whoever wants to know, can directly go to him, you know he stays in Ranchi. You can't go now but after the lockdown, you take a car, bike or flight go to his place and ask him 'What are you going to do? Will you play or not?" he quipped.

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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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Brett Lee: Shane Warne hated it when he failed to get Sachin Tendulkar out

Former Australian pacer Brett Lee, regarded as one of the finest bowlers cricket has ever produced, talks about his experience while bowling to Sachin Tendulkar, the latter's batting approach against Shane Warne and how Warne would express his anger when failing to dismiss Sachin. All this in a tete-a-tete on a talk show.

On his early experience bowling to Sachin Tendulkar on Star Sports’ show Cricket Connected, Brett Lee said, "I was 22 years when I got my first opportunity to play against the Little Master. I nicked him off and I thought I’m done. I didn’t care about a Test match since I was so happy to get Sachin Tendulkar out."

Talking about Sachin Tendulkar’s technique batting against Shane Warne, Brett Lee said, "He used to advance down the wicket a few times and invited Warne to bowl a fraction too short. Sometimes, he would wait patiently on the back foot and play those beautiful shots. It was almost like he was playing cat and mouse with Warne and not many batsmen can play cat and mouse with Shane Warne because he’s so talented. But on days, Sachin Tendulkar was toying with Warne and that does not happen often."

About Shane Warne expressing his anger for not being able to get Sachin Tendulkar out, Brett Lee revealed, "The way Sachin used to read bowlers out of their hand, the different technique he used to play different balls was pure class. There were times when Warne would try and get the trajectory a bit different through the air and sometimes, he would try and get a few balls to drop. Every time he would try the subtle variations, there was only Sachin who would pick them up. Warne would bamboozle other batsmen around the world, but Sachin would watch the hand much better than most of the other batsmen. Warne hated it, he would come back and say that he tried everything to get Sachin out, but he couldn’t.”

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Parthiv Patel recalls incident when Matthew Hayden wanted to punch him

India wicket-keeper Parthiv Patel recalled an incident when former Australia opener Matthew Hayden wanted to punch him in the face. Parthiv said he made fun of the Australian after he was dismissed during a match and that made Hayden lose his cool.

Parthiv was just 18-year-old when he travelled Down Under and got into the bad books of Hayden. Chasing a stiff target of 304 against India in Brisbane in 2004, the southpaw slammed a century but was dismissed for 109 by Irfan Pathan.

Hayden's wicket proved to costly for Australia as India ended up winning the match by 19 runs. After getting dismissed, Hayden was in no mood for fun and games and Pathiv got to know that in the most hostile manner.

"I was carrying drinks in Brisbane, it was the match in which Irfan Pathan got him out. He had already scored a hundred and it was a crucial stage when Irfan got him out. I was just passing him by and I did a 'hoo hoo' to him," Parthiv said during an interaction on 100 hours 100 stars.

"He got so angry at me. He was standing at the Brisbane dressing room which is like a tunnel. He was standing there and said 'if you do this again, I will punch your face'. I said 'sorry', I stood around and he went off," he added.

Parthiv also revealed the duo went on to become good friends after they opened the innings for Chennai Super Kings in the Indian Premier League.

"Yeah, Hayden wanted to beat me up in Brisbane. But we became good friends after that. We played a lot of cricket together at CSK," Parthiv said.

"We enjoyed each other's company. Opening the batting was fun with him. We've had good times off the field as well. So we patched up after that Brisbane incident.

"Even after the IPL finished, I went to Australia with an emerging side. Hayden called me home, prepared chicken biryani and dal for me," he added.

Catch up on all the latest sports news and updates here. Also download the new mid-day Android and iOS apps to get latest updates.

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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 Debt Fund crisis: When and how much money will investors get back

Franklin Templeton: The fund house has not given any clear indication about the possible timeline within which it will liquidate all its investments and return investors' money




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Down to Earth: When Covid-19, climate collide: How south Asia can prepare itself

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Kids can Tell When Parents Suppress Their Stress, Says Study

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Down to Earth: When Covid-19, climate collide: How south Asia can prepare itself

Countries in south Asia are bracing themselves for an onslaught of climate disasters, as if managing the novel coronavirus disease (COVID-19) pandemic is not enough.




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Mothers' Health may Suffer When her Child Face Discrimination

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When Karan Johar brought up Sania Mirza's topic in Priyanka Chopra’s presence, here's how Shahid Kapoor handled the question

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When Deepika Padukone’s condom jibe at Ranbir left Kapoors angry and fuming [Throwback]

Deepika Padukone had upset Rishi Kapoor and Neetu Kapoor when she had taken a jibe at their son Ranbir in Koffee with Karan, many years ago. They had reportedly lashed out at the host, Karan Johar, for provoking her to make such comments on his show.




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You can’t f**k your buddy, if you are giving her a role!: When Payal Rohatgi made shocking allegations on Dibakar Banerjee

Sexual harassment is the one major issue which has been bothering the film industry since its inception. Filmmakers demanding sexual favours in return for giving roles are not restricted to Hollywood, but every ‘wood’ in India. Two years ago, #MeToo movement had gained momentum where a lot of celebrities spoke about their stories on being sexually harassed. Well, even before this was kicked-off actress Payal Rohatgi had shocked the film industry by making allegations on director Dibakar Banerjee of Love Sex Aur Dhokha and Lust Stories (web series) fame. So, what did the actress say then?




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When Siddharth and Samantha performed special pooja at Kalahasthi for their rumoured marriage [Throwback]

Samantha and Siddharth were one of the hottest couple of South Indian at one point of time. Although they had never confessed that they were in love, the actors had given ample of hints on sharing special relationship.




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When Ameesha Patel yelled at Sanjay Dutt for covering her bosom with dupatta [Throwback]

Sanjay Dutt and Ameesha Patel's relationship had strained in 2012 over an unforgetable incident. The former was not happy with the way the latter had dressed herself for the sangeet ceremony of David Dhawan's son Rohit and his concern had created a controversy.




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When I was in university

When I was in university I spent a whole lot of time at the campus radion station. I started out as a trainee DJ in the first semester. I was in the practice studio constantly, spinning records, making segues from one cut to the next, talking on the...




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When Jaya Bachchan 'mocked' Vivek Oberoi for his infamous press conference against Salman Khan

Jaya Bachchan mocked Vivek Oberoi for his infamous press conference against Salman Khan. Look what Jaya had to say.




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'Don't flash rate card', when Anushka Sharma slammed Deepika Padukone [Throwback]

Anushka Sharma had once slammed Deepika Padukone. The two leading ladies couldn't meet eye to eye. What exactly went wrong between the two.




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I have a second marriage in my Kundli: When Govinda spoke about his affair with Divya Bharti [Throwback]

Veteran Bollywood actor Govinda's love life has been nothing short of a Bollywood film. He was linked to multiple women despite being married to Sunita Ahuja.




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When Twinkle Khanna gave befitting reply to trolls who slammed her for sitting on books [Throwback]

Twinkle Khanna was on the receiving end of trolling a few years ago when she shared a pic from a photoshoot, and netizens mocked her for sitting on books!




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When Disaster Strikes, Who Pays?

Governments find it hard to make financial plans for disasters, and that’s not just because disasters are unpredictable and outsized. It’s because post-disaster demands on governments are also unpredictable, driven by public and political pressure.




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When businesses are bad, who you gonna call?

Most businesses are good. They pay their taxes, they create employment, they abide by the laws, and they generally contribute to the societies in which they operate. But what can be done when businesses behave badly? This blog discusses the National Contact Points, the unique grievance mechanism of the OECD Guidelines for Multinational Enterprises, and how could be improved to better fulfill their potential.




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UK universities braced for reform when crisis ends

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Doctors debate when best to place virus patients on ventilators

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When bookshelves are more informative than the books

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When AI takes on Eurovision: can a computer write a hit song?

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When violence gets real

As the Imperial War Museum unveils a £40 million refurbishment, Ludovic Hunter-Tilney reflects on the ubiquity of violence in popular culture.  


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The life of a song: When the Levee Breaks

From recordings by Memphis Minnie and Led Zeppelin to sampling by Dr Dre, Eminem and Massive Attack, David Cheal traces the various incarnations of ‘When the Levee Breaks’. Credits: Columbia, Atlantic, The Chronic Interscope  


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What happens to our digital assets and online accounts when we die?

Have you ever counted how many online accounts you have? Do you listen to music on Spotify, upload your pictures to the cloud or hold your savings in an online bank account? If the answer is yes to any of these questions you should consider what happens to these assets when you die. On this week's FT Money show presenter Lucy Warwick-Ching delves into the world of digital legacies - from Facebook to cryptocurrencies. She talks to Angharad Lynn of VWV, James Norris of the Digital Legacy Association and Ian Bond of the Law Society about the rise of digital wills and end of life planning companies.

 

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Be careful how you play the Bame game when recruiting

You will not keep a diverse workforce unless its members feel they are fully part of the organisation




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When work gets in the way of sleep

A sleep loss epidemic is making its mark on the workplace, but what are its causes and what should businesses do to ensure their fatigued employees get a good night’s kip? Louise Aston and James Wilson talk to Darren Dodd about where employers are going wrong and what needs to be done.


This podcast forms part of FT Health at Work magazine, supported by Vitality. 


Business in the Community's Sleep and Recovery Toolkit for employers can be found here, and their responsible business podcasts, here. James Wilson’s website is available here.


Contributors: Darren Dodd, editor of FT Health at Work magazine, Louise Aston wellbeing director at Business in the Community and, James Wilson, sleep specialist. Producer: Persis Love


 

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The thorny dilemma of when to reopen schools

Schools can spread infection, but long absences mean gaps in learning