Saqib Saleem swings the bat in a CCL Tournament

A love for cricket is common between Saqib Saleem and coach Rajeev Mehra, much like most Indian men. What sets them apart though, is how much they want to give back to the game. Saleem, who hails from Greater Kailash in Delhi, is poised to start a cricket academy in his hometown, that will cater exclusively to underprivileged children. The two have known each other since the time Saleem, a state-level cricketer, was playing for Delhi in a match against Mumbai, that Mehra was part of. "I remember Delhi won that game," laughs Mehra as we get the two chatting. "Saqib was very keen on the game, wanting to learn new things. His discipline during practise sessions was admirable." After Delhi, Saqib went on to play for Kashmir too. "I played for a year, after moving there. My mother is Kashmiri. However, as much as I loved the sport and was devoted to it, life clearly had other plans," the actor says.

While the two kept in touch, they only got the chance to meet again, four months ago. "I was toying with the idea of starting a cricket academy because I missed having to do something with the game. I was clear that I did not want to build an institution that would become one more of many. It's Rajeev who suggested we do something to help those in need." Mehra interjects, "I have worked with the less fortunate. I make it a point to have at least four of them in each training session. So, yes, it is familiar territory." It was Mehra's approach to the game, that convinced Saleem about the collaboration. "I needed someone who had a connect with the children. And Rajeev was perfect."

Coach Rajeev Mehra at his training academy in Mumbai

Making cricket, that is largely seen as an elite sport, accessible to those deprived of opportunities could be a task. But Mehra doesn't want to complicate things. "Ultimately, it's about helping the kids play. Give them the space, the equipment, the push." It is the uber glamorisation of the game that has turned it into an occupation of the elite, opines Mehra. "Cricket has always been India's top sport, but the way it has been commercialised, is affecting the talent pool. Coaches are demanding crazy amounts — currently the price of one personalised session in Mumbai can go up to Rs 2,000 — and parents are willing to pay. I don't remember receiving formal training. Most of us have learnt the sport by playing with friends who were equally serious about it." The 30-year-old coach who runs his own academy in Mumbai, often attends inter-school matches where municipal schools participate, to spot talent. "The lower strata is a goldmine of talent."

Saleem shares a slightly different view. It is not the sport that is elite, he argues, but that access is tough. "Today, a decent cricket bat costs Rs 20,000. So, even though we have abundant talent, not everyone can afford it. We want to find the gems who can't," he says, adding, "I spend a lot of time watching interviews of veteran cricketers. I remember one of Imran Khan, who spoke of how he discovered Wasim Akram, then a young boy from a small city, and groomed him for the national side. And gave the world a cricketing legend. That is my inspiration."

Mehra is in the process of formulating a curriculum for the academy that will train no more than 40 kids aged seven to 18 at a time. "I want each kid to get adequate personal attention," Saleem says, ahead of travelling to Delhi next month for selection. "I think I was being selfish, I just wanted a chance to go back home and find more excuses to play the game," he laughs.

Ameya Davda and Devak Davda at the Sewri facility. Pic/Datta Kumbhar

If there is one problem that most of us perennially face in our daily lives, it is the lack of storage space. But, one man's problem could well be another man's opportunity. Entrepreneurs Ameya Davda and Devak Davda's startup, Space Valet, is a case in point. Their recently launched service aims to be a one-stop storage solution that offers private, lockable and secure self-storage units of various sizes to stash your belongings.

Home away from home
"Think of it as the sophisticated spare closet or stock room you've always longed for in Mumbai," says Davda who along with his cousin Devak came up with this idea when they returned to India after completing their studies abroad. "I was in California and Devak in London, and while we were there, we learnt how popular cell storage is among people. It's a 60-year- old concept and almost a 40-billion dollar industry," he adds. On returning to Mumbai, Davda teamed up with his cousin to launch the startup which they felt would be a good fit in an overcrowded city. They then conducted a survey to find out if people would avail of a service like this. "People are always on the lookout for additional storage space, more so in Mumbai," he says. The top reasons for self-storage rental, he observed, was the lack of storage space at home, temporary storage while moving, and storing things people don't want or need. The most popular things being stored are wedding outfits and furniture.

A walk-in closet

How it works
The process is simple. You either call up the facility or browse the website and find a suitable storage plan. You then order as many boxes as you need, and then pack and label your belongings. "You don't need to move a finger. Our tie up with Movers and Packers ensures a pick-up facility. When you want your stuff back, go online and click on the tab to recall the boxes," he explains. The plan starts from R299 a month and goes up to R11,000. Storage options range from boxes to a large store room. The key to the storage lies with the customer only. Cleanliness and security are common concerns among customers, according to the results of their survey. The facility, therefore, has a designated person to solely look after the cleanliness of the storage space. There's also a 24x7 security and surveillance to keep the goods safe. "We maintain the right kind of environment so that your possessions don't deteriorate over time," he says. Now, the big challenge for the duo is to popularise the concept. "We want to educate people that this is a viable solution to your space crunch."

Where: www.spacevalet.in
Price: Rs 299 onward
Call: 9930832832

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Pic Courtesy/Saffron and Pearls, Harpercollins India

As a 20-year-old, when Sarina Kamini first learnt that her Australian mother was suffering from Parkinson's, a part of her own Indianness, which her mother had so devotedly brought to the kitchen table at their home in Torquay, died. In a new book, titled Spirits in a Spice Jar (Westland Books, Amazon), Kamini says, it's possibly then that she had "stopped eating Indian food". It's ironic that while she attributes her Indian heritage to her father — he was Kashmiri — it was through her mum that she learnt the traditional family recipes, who in turn learnt how to cook Indian food from her mother-in-law, fondly known as ammi. Cooking these recipes would eventually be a way to heal, helping her make sense of the resentment she felt towards her mother's condition.

If Spirits in a Spice Jar traces the arc of a woman, coming to terms with the illness, another book, Saffron and Pearls: A Memoir of Family, Friendship and Heirloom (HarperCollins India) by Delhi-based Doreen Hassan, recounts how the author, who belonged to a Goan Catholic family, warmed up to her Hyderabadi husband's family and his rich food legacy. Last year, US-based Pakistani writer Bisma Tirmizi revisited her favourite dishes from the subcontinent through a journey of self-discovery of a young, obese girl, in the novel, Feast: With A Taste of Amir Khusro (Rupa Publications).

Doreen Hassan. Pic Courtesy/Saffron and Pearls, Harpercollins India

More writers are now exploring narratives around food, while showing how recipes too, are important to great storytelling. "I set out to tell the story of me, because I was so confused about who I was. I quickly realised that I couldn't understand mum unless I understood her connection to India. From my point of view, the connection was a mix of the material and the mystic [she loves the fashion as much as she appreciates the stories of faith], and food within our family is a real representation of that. Food ties my family to Hinduism through offerings and stories. So I had to write about Kashmiri food. Spices, for me, became the axis point where I could draw all of these thoughts together," says Australia-based Kamini.

Doreen says she started writing the book, with the intention of sharing heirloom recipes she had inherited after marrying her husband, Peter Toghrille Hassan, who is honorary Counsel General for the Russian Federation in Hyderabad. But, as she started work on the book, she "thought it might be interesting for people to know where the recipes came from". "That's how it turned into a memoir along the way," she says. Doreen believes that Hassan family's history is deeply influenced by food, and hence, it was crucial to the memoir too. "When people marry into a family, they often bring their own food traditions with them. It's fascinating to understand it," she says.

Sarina Kamini. Pic Courtesy/Kristy Jane Hoghton

In the book, she writes about the time she struggled with learning to cook, after she and her husband moved to Delhi from Hyderabad, with their two children. She, eventually went back to Hyderabad, and "met Peter's aunt, Zehra Alambardar, whom we called Phuppu Jani, and said, 'Please teach me how to make a few dishes.' She told me that she cooked by andaaz, or instinct. 'Beta, you have to watch and learn. I will make the dishes in front of you, and you write them down.'" That was how Hassan was indoctrinated into cooking.

She remembers the time when her husband invited the famous Pakistani singer Mehdi Hasan, to their home for dinner. "He was to sing at our home, and there would be 100 guests in attendance. I decided to make a Salim bakra, which is an entire goat, stuffed with eggs," she writes. Kamini says her fondest food memory is associated with paneer. "I'd always make sure I was close by when mum or dad began chopping the fresh paneer into pieces; I became adept at stealing bites," she says. Adding, "When I began cooking it for my own two boys, I, too, would have to shoo them away from the chopping block as they made attempts to sneak away with it. This kind of emotional continuity around food is what cements recipes into our hearts."

The Salim Bakra stuffed with chicken and eggs, and served with rice, which Doreen prepared for ghazal singer Mehdi Hasan

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Detroit: Become Human is driven by a melodramatic story set in the US city of Detroit in 2038. The story is told through exploring the day-to-day lives of three androids Kara, Markus and Conrad. How the story unfolds and where it progresses to is all determined by the choices you make while playing these characters. Actions performed affect the people around you and, in turn, affect your interaction with them. There are no wrong or right choices in the game. No matter what you choose, there are people who are going to get disappointed in you.

The story is divided into tiny slices where you play one of the three characters. At the end of the slice you get a story-tree where you can see where the choices you made changes the story and multiple branches where the story could have ended up. The good news is you can replay the game and explore all the different choices. The characters are all-player by actual actors and, needless to say, this game looks amazing, its as close to a real human as a game can probably be right now. The facial movements in the game are well constructed. The world too is carefully crafted with elements of the past integrated with something modern.

It's the way things are now modern integrated with older structures. The three characters you play are also very distinctive and come from different strata of society, giving you a peek of how life might be in the future. Kara for example is an android owned by a violent unemployed man who is bitter about the way his life has turned out, while Markus starts out with a well caring owner that treats him as an equal and Conner is an employee of Cyberlife, the company that makes and sells the Androids and is investigating why the androids are turning into deviants.

The plot is the oldest in the book, which is sad. But the way it plays out and the options you have to make along the way make it more than intriguing. Your choices at times will hurt your soul and that is the object of the game, to make you connect and feel for the choices you make and its consequences. Even the menu narrator doesn't spare you from the emotional drama.

When you start the game, you are greeted by a Cyberlife android that is constantly on screen talking to you. It will make you fill a survey and will slowly and steadily make you feel for it. As mentioned, the core of the game is the story, but there are a few puzzles, some timed single button combat situations also thrown in. But most of the time, especially at the start, you are doing menial tasks: press this to open the door, twist this to wash the dishes and more boring instructions. Even though it was slow and boring, it gave us a window in the life of a robot slave. We wish, however, along with the upgrade in the emotional status they were allowed to do more than just walking to places and activating things.

If we really had to complain about anything, it would probably be the dialogue. It's not bad by any standard, but if it was better, this game could have been something else. Most of the dialogue and reactions are what you would expect someone who just got in to script writing to write. The lines are not crisp and fail to provide a punch, you couldn't or rather wouldn't want to quote any of the characters in the game. If you are looking for a movie experience like no other, Detroit Become Human is perfect for you. It is jam packed with twists turns and is an emotional roller-coaster. Much like a binge worthy series you will want to play this in one go and then repeat till you have explored all options and it doesn't hurt that it looks so good.

Detroit: Become Human
Rating: 4.5/5
Developer: Quantic Dream
Publisher: Sony
Platform: PlayStation 4
Price: Rs 3,999

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Representational picture

Washington D.C.: Many people are often torn about reaching their personal goals at any given cost. However, turns out, such goal conflict is associated with the symptoms of psychological distress, according to a new study conducted by the University of Exeter. A survey of more than 200 young adults investigated two forms of motivational conflict.

These were inter-goal conflict (when pursuing one goal makes it difficult to pursue another) and ambivalence (conflicting feelings about particular goals).

The results showed that each of these forms of goal conflict was independently associated with anxious and depressive symptoms, but did not predict worsening of symptoms over one month.

"People with poorer mental health are more likely to report that their personal goals hinder one another," said researcher Nick Moberly.

"Such conflict between goals may be more manageable if it is conscious. However, ambivalence may indicate a clash between a goal and a higher-order value that lies outside awareness. Attention to these deeper motivational conflicts may be an important step towards resolving them and relieving distress", continued Moberly.

Professor Joanne Dickson said, "We know that striving for goals that are important to us gives life meaning and purpose and promotes wellbeing. However, when these goals generate conflict they can contribute to psychological distress."

Inter-goal conflict occurs either because the objectives are incompatible or because pursuit of both goals draws upon a limited resource, such as time or money.

For example, a person's goal to spend more time with their family may conflict with their goal to get promoted at work.

Ambivalence is thought to reflect a deeper motivational conflict of which the person is unaware.

For example, a person may feel ambivalent about initiating an intimate relationship because this challenges a more abstract goal of independence.

The young adults in the study were aged 18-35, with an average age of 20. The findings from the study are published in the journal Personality and Individual Differences.

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The European Commission has hailed victory in a World Trade Organisation case concerning Russian anti-dumping duties on certain light commercial vehicles from Germany and Italy.

The EU has said that, as a result of dispute proceedings it launched in 2014, Russia has lowered tariffs on certain paper, refrigerators, and palm oil products.

I request you to kindly give me your advise on GST which is going to be implemented very shortly. Thanks and Regards, Varadarajan Kasturi..

Coronavirus fears have spooked the investors worldwide with BSE Sensex and NSE Nifty falling over 25% this month, in line with many other global indices.

After sharp corrections in three trading sessions on March 9, March 12, and March 16 by 5.1%, 8.1% and 7.9% respectively, the Sensex crashed by an overall 22% this month.

Let's dive a bit deeper and look at how the impact has been on individual sectors...

1. While all sectoral indices are in a sea of red since the outbreak of coronavirus, here's a look at the worst hit sectors since coronavirus outbreak:

   Sector	Since 1 March (%)	Since 1 Jan (%)
   BSE Metal	-30%	-45%
   BSE Bankex	-31%	-37%
   BSE Oil & Gas	-24%	-36%
   BSE Auto	-24%	-36%
   BSE Finance	-30%	-36%
   BSE Realty	-31%	-36%
   BSE Capital Goods	-25%	-33%
   BSE Power	-22%	-32%
   BSE Basic Material	-26%	-32%
   BSE Consumer Discretionary	-24%	-28%
   BSE IT	-25%	-27%
   BSE FMCG	-18%	-22%
   BSE Consumer Durables	-24%	-20%
   BSE Healthcare	-15%	-15%
   BSE Telecom	-18%	-14%

   *Note that prices are as on 19 March 2020
2. As you can see in the table above, metal sector has been hit the worst on year-to-date (YTD) basis. Note that, the sector has been witnessing selling pressure since last two years. The coronavirus situation has only exacerbated the situation.
3. Another sector that is largely impacted is banking and NBFCs. After being the most preferred in the Indian equity indices for over half a decade, things have changed for stocks in the financial sector. In India it is a double blow for financial sector in the form of YES Bank fallout and prolonged slowdown which increased the chances of credit quality deterioration.
4. To put things into context, foreign institutional investors (FIIs) were heavily positioned in the Indian financial space, and stocks in the sector witnessed maximum inflows during good times. Downward spiral for financial sector began since IL&FS crisis.
   
   Both, BSE Bankex and BSE Finance Index have plunged over 30% since the beginning of the month.
5. Shares of most hotel, leisure and airline firms have tumbled over 60% year-to-date, as the coronavirus outbreak across the world has forced people to cancel vacation plans. India also stand to lose foreign tourists due to the entry restrictions that have been put in place. And this has meant things getting worse for hotels and airlines sector.
6. Out of the 90 stocks listed on BSE from tourism, hospitality and film distribution segments, only 15 have given positive returns YTD.
7. Another sector that's facing the brunt is the automobile sector. Coronavirus couldn't have come at a worse time for India's auto sector that is battling a prolonged slump in demand. The virus outbreak has added to the pain, hitting production and lowering the demand even further as consumer spending is unusually low. Reportedly, the correction in the auto index is now close to what was seen during the 2008 global financial crisis. BSE Auto Index is down 36% on a YTD basis.
8. The fall in other indices like FMCG, consumer durables, capital goods and IT is relatively moderate as they do not have any direct impact of the pandemic. However, they too have been witnessing selling amid the sharp correction in Indian share markets.
9. Interestingly, Indian pharma has been doing much better than the overall index. Since the beginning of March 2020, the Sensex is down by 26% while the BSE Healthcare index is down only by 15% (till 19 March 2020).
   • One factor is the rupee weakness which has weakened well beyond the Rs 75/$ mark. A weak rupee helps exporters and pharma obviously benefits.
   • Another factor is the spread of the novel coronavirus has led global investors to rush for pharmaceutical stocks recently, on back of a rise in demand for generics and branded generics leading to shortages and over-pricing for drugs.
10. However, as the markets took a breather on Friday, the sectors that rallied the most were BSE FMCG, BSE IT and BSE Oil & Gas indices, gaining over 8% each.

What do you think will be the long-term impact for these sectors? Well, you can let us know by dropping your views in the comments section below.

While most sectors have been falling, our co-head of research, Tanushree Banerjee believes in long term, Indian auto ancillaries, textiles, chemical companies, Pharma R&D contract manufacturers, will all be the major beneficiaries of what she calls the Rebirth of India megatrend.

Also, in times like these, our special report, How to Trade the Coronavirus Crash, will help you get a grip on the current market situation...and figure out ways to profit from it.

This is the most comprehensive report on how to trade the coronavirus, both from a short-term and long-term perspective. I strongly recommend you read it now. Claim your FREE copy here...

Happy Investing!

Most sectors in the Indian share markets have been drowning in a sea of red due to the crash led by coronavirus outbreak. The biggest blow, however, has been felt by the banking sector.

The sector was already reeling under pressure due multiple factors for quite some time. And things started getting worse since the start of 2020.

Here's a timeline showing some major events that happened in the Indian banking sector and led to the slowdown we are witnessing in the past few months...

1. Mounting Pile of Bad Loans: Indian banks have for years worked to beat down mounting piles of bad loans of the sort that led to the Yes Bank fallout. The ratio of gross non-performing assets (NPAs) at Indian banks rose to 11% in 2018 from about 2% in 2008, before starting to ease off.
2. IL&FS Crisis Kicks Off the Downward Spiral: Foreign institutional investors (FIIs) were heavily positioned in the Indian banking and financial space, and stocks in the sector witnessed maximum inflows during good times. However, they started noticing cracks with consistent negative performance in the banking and financial sector and started moving out of them. The downward spiral for these sectors began since IL&FS crisis camec out into the open.
3. Credit Quality Deteriorates: After being the most preferred sector for over half a decade, things started changing for stocks in the banking sector since 2020. This came as the sector witnessed a double blow in the form of YES Bank fallout and prolonged economic slowdown. And all this only led to credit quality deterioration for banks.
4. YES Bank Crash: The Yes Bank crisis and the sight of Rana Kapoor being taken to court in early March came in as one of the worst months for India's banking sector.
5. Bailout for Yes Bank: To save Yes Bank, a range of Indian lenders led by the State Bank of India (SBI), infused funds in return for an equity stake. The episode came as a jolt to investors, who worried it could exacerbate vulnerabilities in the financial system.
6. Panic Selling Amid SC Order: Then came another blow. Before the dust settled on Yes Bank, the Supreme Court ruled that telecom operators must pay dues worth billions owed to the government. This caused panic-selling in bank stocks due to their heavy exposure to the telecoms sector.
7. Coronavirus Threat: The challenges now facing India's banking sector have reached another order of magnitude due to the coronavirus threat to the economy. Banking stocks have been among the hardest hit.
8. Sharp Fall for BSE Bankex: The BSE Bankex has fallen about 46% so far this year, outpacing the 32% fall in the BSE Sensex. Shares of Axis Bank and IndusInd Bank have lost the most during this period.
9. Relief Measures: Owing to all these shocks, banks have sought various relief measures. On 27 March 2020, the Reserve Bank of India (RBI) came out all guns blazing to arrest a potential slowdown caused by coronavirus (Covid-19). It did not just lower the cash reserve ratio (CRR) by 1% to 3% but also cut the repo rate by 0.75%. Also, there is a three-month moratorium on payment of loan installments.
10. PSB Merger: Then came the major announcement effective from 1 April 2020. First announced in August 2019, the government's ambitious plan to merge 10 state-owned banks into four came into effect from 1 April 2020. The move, aimed at strengthening the banking system and creating more large institutions with size and scale, has seen...
    • Oriental Bank of Commerce and United Bank of India merged into Punjab National Bank,
    • Andhra Bank and Corporation Bank merged into Union Bank of India,
    • Allahabad Bank merged with Indian Bank, and
    • Syndicate Bank amalgamated into Canara Bank

So, that were some top pointers on what the Indian banking sector has been going through amid the coronavirus led stock market crash.

I reached out to Tanushree Banerjee, who is closely tracking the banking sector in the current scenario. Here's her view on the sector...

• The Covid-19 lockdown has hit cash flows of both individual borrowers and corporates. This, in turn, will impact their loan repayment capability.
  
  The RBI's repo rate cut came as a temporary lifeline for Indian companies with debt on books. It will offer both companies and retail borrowers some breather. If banks use this phase judiciously, it may save the NPA ratios from worsening significantly.
  
  However, only the banks that have adequate capital and provisioning cushion may be able to tide over the economic crisis. Eventually, another round of consolidation in private sector banks, like the one after 2002, cannot be ruled out.

Tanushree's latest StockSelect recommendation is one such midcap bank.

You can read the entire report here (requires subscription).

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

And rest assured, Equitymaster is with you all the way on this journey. To that end, we have decided to offer you two of our premium learning courses free!

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Always eager to share his vast knowledge and experience, cricket icon Sachin Tendulkar has interacted with 12,000 doctors on sports injuries. In his over two decade long illustrious career, Tendulkar suffered many health issues, the most prominent being the tennis elbow injury.

The veteran of 200 Tests and 463 ODIs, got to know through one Dr Sudhir Warrier, an orthopaedic surgeon, that several young doctors across the country were utilising the lockdown time to effectively gain knowledge on sports injuries through live webinars. A session on sports injuries was held on Saturday and Tendulkar, knowing that his experiences will help these doctors, volunteered to be a part of it.

Tendulkar, accordingly, interacted with around 12,000 doctors, who attended the session. It is reliably leanrt that the 46-year-old legend said he was grateful to the medical fraternity for their service. During the session, the young orthopaedic doctors got to know how the requirements and treatment outcomes of athletes are different from regular patients, sources said. Dr Warrier moderated the session with Dr Nitin Patel, physiotherapist, who has worked with Indian cricket team and IPL franchise Mumbai Indians.

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Former Indian captain and Board of Control for Cricket in India (BCCI) president Sourav Ganguly on Wednesday recalled the historic Test victory against Australia at Eden Gardens in Kolkata in 2001.

A user had shared the celebratory moments from the 2001 Test. On that post, Ganguly commented, "What a win." In that Test, India clinched a 171-run win over Australia and became the third team in the history of Test cricket to win a match after being forced to follow-on.

Australia had made 445 in their first innings, courtesy Steve Waugh's brilliant hundred. However, it was Indian spinner Harbhajan Singh who stole the show at Kolkata with his spectacular seven wickets, including the first hat-trick in India's Test history.

In its first innings, India folded for 171 runs and were asked to follow-on by Australia. The Sourav Ganguly-led side played cautiously in the second innings and lost three wickets for 115 runs. India lost Ganguly in the 67th over of the innings, with the side getting reduced to 232/4.

Rahul Dravid joined VVS Laxman in the middle. The next 104 overs were a nightmare for the Aussies as the Indian duo stitched a 376-run stand to revive the innings and helped the team stage a dramatic comeback in the match.

Dravid scored 180 runs, while Laxman slammed 281, his highest score in Test cricket. India gave a target of 384 runs to Australia. However, the Waugh-led side were not able to achieve the target and bowled out for 212, handing India a massive win.

Harbhajan was again the pick of the Indian bowlers as he scalped six wickets. The Eden Gardens Test is best remembered for India's miraculous revival in the second innings and Laxman's knock of 281 runs, which was one of the most marvellous innings played in the modern era. Laxman's stunning innings also halted Australia's record of 16 successive Test wins.

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Former Indian cricketer Virender Sehwag on Wednesday expressed grief over the demise of the ace Bollywood actor Irrfan Khan.

Taking to Twitter, Sehwag condoled the death of the 'great talent' and wrote, "A great actor and a great talent. Heartfelt condolences to his family and well-wishers #IrfanKhan."

A great actor and a great talent. Heartfelt
Condolences to his family and well - wishers #IrfanKhan

— Virender Sehwag (@virendersehwag) April 29, 2020

Former Indian skipper Mohammed Azharuddin lauded Irffan's skills and termed him a 'versatile artist'.

"Saddened to hear about the shocking demise of #IrfanKhan. A truly talented & versatile artist and a great human being. May Allah grant him the highest place in Paradise. My heartfelt condolonces to the family & friends #RIPIrrfan," Azharuddin tweeted.

Khan passed away at Mumbai's Kokilaben Hospital on Wednesday while battling rare cancer. He was 53.

Khan was last seen on screen in 'Angrezi Medium'. He was not a part of the film's promotions owing to his ill health.

He was regarded as a fine actor by fans and critics alike with critically acclaimed films like 'The Lunchbox' and 'Paan Singh Tomar' to his credit.

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Calling MS Dhoni his mentor, wicketkeeper batsman Rishabh Pant said the World Cup-winning skipper has his own way of helping the younger crop as he never provides a full solution to a problem, encouraging them to look for answers. Pant, was heir apparent to Dhoni until KL Rahul emerged as a wicketkeeper-batsman in the limited overs format, making the southpaw no more a certainty in the playing XI.

Mentor MSD

"He [Dhoni] has been like a mentor to me, on and off the field. I can approach him freely with any problem I may be facing, and he will never give me the entire solution for it," Pant said in an Instagram live session with his IPL team Delhi Capitals. "This is so that I don't become entirely dependent on him, he gives me hints only that helps me solve the issue myself. He's also one of my favourite batting partners, though we don't bat together often.

Perfect planning

"If Mahi bhai is at the crease, you know things are sorted. He's got a plan in his head, and all you need to do is follow it!" Dhoni, who has not played competitive cricket since July, was supposed to make a much awaited comeback with the IPL, which has now been postponed indefinitely due to the COVID-19 pandemic.

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India skipper Virat Kohli believes cricket in empty stadiums is a real possibility in a post COVID-19 world and though it is unlikely to have a bearing on the intensity of players, he feels the magic would certainly go missing. Cricket Boards across the globe are exploring the option of resuming the sport in empty stadiums. There is speculation that fans could be kept away from stadiums in a bid to salvage the T20 World Cup in Australia, which is currently under threat due to the global health crisis.

"It's quite a possible situation, it might happen, I honestly don't know how everyone is going to take that because we all are used to playing in front of so many passionate fans," Kohli said in Star Sports' show 'Cricket Connected'. "I know it will be played at a very good intensity but that feeling of the crowd connecting with the players and the tension of the game where everyone goes through it in the stadium, those emotions are very difficult to recreate," he added.

Kohli said the many moments which are created because of the passion brought in by fans, would be missing. "Things will still go on, but I doubt that one will feel that magic happening inside because of the atmosphere that was created. "We will play sports how it is supposed to be played, but those magical moments will be difficult to come by," he said.

Cricketers such as Ben Stokes, Jason Roy, Jos Buttler and Pat Cummins have backed the idea of playing behind closed doors. However, legendary Australian Allan Border has said it would defy belief to host a World Cup without spectators.

Another Australian all-rounder Glenn Maxwell and some other cricketers have also expressed similar sentiments.

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The death toll from the Coronavirus pandemic has slowed in some of the worst-hit countries, with Spain readying Monday to reopen parts of its economy as governments grapple with a once-in-a-century recession.

Italy, France and the US have all seen a drop in COVID-19 deaths in the past 24 hours, with Italy — the European nation most afflicted — reporting its lowest toll in more than three weeks.

Spain's death toll has fallen in recent days, but as a small bump in deaths was reported on Sunday, Prime Minister Pedro Sanchez warned that the locked-down country was "far from victory".

"We are all keen to go back out on the streets... but our desire is even greater to win the war and prevent a relapse," he said, as some companies were set to resume operations at the end of a two-weeks halt of all non-essential activity.

In the US — now the world's worst-hit nation with a fifth of all deaths and more than half a million confirmed cases — the government's top infectious disease expert added to cautious optimism that the pandemic may have reached its peak.

Anthony Fauci said, "We are hoping by the end of the month we can look around and say, OK, is there any element here that we can safely and cautiously start pulling back on?"

1,16,045
Total no. of deaths worldwide

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Experts warn that disaster looms in war-torn Syria, where hospitals are unable to meet existing needs and hygiene conditions are dire. The Damascus government has closed borders, forbidden movement between provinces and shut schools and restaurants in an effort to stem the spread.

Official numbers are low with two deaths and 19 confirmed cases, but only 100 patients are being tested daily. "Medical staff believe that there are many people who are dying with the symptoms of the virus. But the security agencies ask them or order them not to mention it," said Zaki Mehchy, senior consulting fellow at a London-based think tank.

"There is a disaster in the making," said Emile Hokayem, an analyst. "Lack of food, water and exposure to cold weather have already left thousands in poor health, making them even more vulnerable," said IRC's Misty Buswell, adding that the devastation in Idlib could be "unimaginable".

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The oil market plunged further on Tuesday on concerns over a collapse in demand as the pandemic leaves factories, cars and airplanes idled around the world. The extreme volatility in energy markets highlights investors' worries about the duration of the Coronavirus outbreak and its impact on the economy.

That is in turn weighing on financial markets more broadly, including stocks. The benchmark US oil contract was down $4.78 at just $15.65 per barrel on Tuesday, having traded as low as $11.79 a barrel at one point. The drop comes a day after the price of oil fell below zero on Monday, partly due to technical factors as traders shifted from one futures contract to another. The US oil contract for delivery in May settled at -$37.63 per barrel on Monday, an indication that investors don't want to be left holding oil at a time when storage facilities are almost full and demand is at its lowest since the mid-1990s. The tumult in the oil market reflects uncertainty over where the world economy will head as governments begin to loosen controls imposed to contain the coronavirus.

"We could merely be in the eye of the hurricane as the epicenters of its rage remain centered around demand devastation and crude oil oversupply," Stephen Innes of AxiCorp. said in a commentary. "At a minimum, oil prices will be the last asset class to recover from lockdown" and only when travel restrictions are lifted, he said. Brent crude, the international standard, dropped $45.72 to $19.85. "The historic drop in WTI prices is an indication of the downward pressure which many other crude oil grades could face, given the oversupply situation," Sushant Gupta of Wood Mackenzie said. The volatility in energy markets unsettled stock markets as well. with Germany's DAX stock index losing 3.3% to 10,319 and the CAC 40 in France shedding 3.2% to 4,384. Britain's FTSE 100 declined 2.6% to 5,664.

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Doctors, nurses and other healthcare staff are working on the frontline, dutifully serving patients in the fight against the coronavirus outbreak. Most healthcare workers have been working in longer shifts risking their lives to save others while combatting daily challenges like shortage of PPEs and other issues. Their efforts have been lauded and people across the globe have taken to social media to praise the healthworkers 

Business tycoon Harsh Goenka shared a video on Twitter of a doctor getting praises from people in a unique way that has gone viral. In an emotional video that is been widely circulated online, medical practitioner Dr Uma Madhusudan is seen outside her house getting 'Thank you' praises from cars passing by with passengers holding placards in a 'Drive of Honour'.

The car rally also had the fire brigade trucks and police cars with neighbours holding 'Thank You' placards for her. The elated doctor is seen thanking them and waving at them.

According to the Star of Mysore, Dr Madhusudhan studied at the JSS Medical College in Mysuru and is currently working at the South Windsor Hospital in the US.

“Dr Uma Madhusudan, an Indian  doctor, was saluted in a unique way in front of her house in USA in recognition of her selfless service treating Covid patients,” the caption for Goenka’s post read.

Dr Uma Madhusudan, an Indian doctor, was saluted in a unique way in front of her house in USA in recognition of her selfless service treating Covid patients pic.twitter.com/Hg62FSwzsP

— Harsh Goenka (@hvgoenka) April 20, 2020

The video posted on April 21, garnered more than 44,600 views and over 3,400 likes and was retweeted 354 times. Here’s how the Twitterati reacted on the post:

She's from my wife's medical college in Mysore. The alumni group was having lot of joy seeing this.

— D Prasanth Nair (@DPrasanthNair) April 21, 2020

Proud and salute for her dedication.

— Vimal (@gupt1001) April 22, 2020

Also in India we have people who are showering flowers on police & sanitation workers. Thinking matters among different people, societies & localities.

— Arvind Behal (@ArvindBehal) April 20, 2020

What do you think about the video?

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[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.

TORRENT POWER LTD share price has plunged 5% and is presently trading at Rs 327.

Meanwhile, the BSE POWER Index is at 1,456 (down 2.1%).

Among the top losers in the BSE POWER Index today is TORRENT POWER LTD (down 5.1%).

RELIANCE INFRA (up 5.0%) and THERMAX (up 0.8%) are among the top gainers today.

Over the last one year, TORRENT POWER LTD has moved up from Rs 255 to Rs 327, registering a gain of Rs 72 (up 28.1%)..

The BSE POWER has moved down from 1,954 to 1,456, loss of 498 points (down 25.5%) during the last 12 months.

The top gainers among the BSE POWER Index stocks during this same period were TORRENT POWER LTD (up 20.1%) and GMR INFRA (up 7.5%).

What About the Benchmark Indices?

The BSE Sensex is at 32,089 (up 1.3%). The top gainers among the BSE Sensex stocks today are RELIANCE IND. (up 4.0%). The most traded stocks in the BSE Sensex are INDUSIND BANK and RELIANCE IND..

In the meantime, NSE Nifty is at 9,383 (up 1.3%). ZEE ENTERTAINMENT (up 4.7%) is among the top gainers in NSE Nifty.

Over the last 12 months, the BSE Sensex has moved down from 38,277 to 32,089, registering a loss of 6,188 points (down 16.76%).

TORRENT POWER LTD Financial Update...

TORRENT POWER LTD net profit stood at Rs 4 billion for the quarter ended December 2019, compared to a profit of Rs 2 billion a year ago. Net Sales declined 5.4% to Rs 30.8 billion during the period as against Rs 32.5 billion in October-December 2018.

For the year ended March 2018, TORRENT POWER LTD reported 121.5% increase in net profit to Rs 9.5 billion compared to net profit of Rs 4.3 billion during FY17.

Revenue of the company grew 15.1% to Rs 115 billion during FY18.

The current Price to earnings ratio of TORRENT POWER LTD, based on rolling 12 month earnings, stands at 10.0x.

This article (TORRENT POWER LTD Plunges by 5%; BSE POWER Index Down 2.1%) is authored by Equitymaster.

Equitymaster is a leading 'independent' equity research initiative focused on providing well-researched and unbiased opinions on stocks listed on the Bombay Stock Exchange.

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