cr Russel Crowe celebrates 20 years of historical epic 'Gladiator' By www.mid-day.com Published On :: 6 May 2020 02:16:22 GMT Oscar-winning actor Russell Crowe on Tuesday took a look back at the movie 'Gladiator' which was released twenty years ago today. The widely lauded movie was released in the US on May 5, 2000, whereas in India the flick hit the theatres on September 1, 2000. Today we celebrate the 20th Anniversary of the US release of Gladiator. Congrats to Russell Crowe and the entire cast and crew. We can't wait to bring Russell back to the big screen later this year in @UnhingedMovie #WeLoveMovies #SolsticeStudios #UnhingedMovie pic.twitter.com/n5THGq4e9u — Solstice Studios (@SolsticeStudios) May 5, 2020 The 56-year-old actor took to Twitter and wrote: "20 years ago today Gladiator was released in cinemas in the United States ... Strength and Honour ..." Helmed by director Ridley Scott, the action drama won the Best Picture and Best Actor award at the Oscars and went on to make USD 460 million at the box office worldwide. 'Gladiator', which released in 2000, featured Russell Crowe as Maximus, a General in the Roman army, who is betrayed by the Emperor and left for dead while his family is brutally murdered. He is eventually forced to become a gladiator after being captured by slave traders, who lead him back to Rome to fight as a gladiator while he plots his revenge against the Emperor who betrayed him. Crowe has proved his calibre as an actor in movies like 'The Insider, and 'A Beautiful Mind', but the portrayal of Maximus remains one of his finest performances. Catch up on all the latest entertainment news and gossip here. Also, download the new mid-day Android and iOS apps. Mid-Day is now on Telegram. Click here to join our channel (@middayinfomedialtd) and stay updated with the latest news This story has been sourced from a third party syndicated feed, agencies. Mid-day accepts no responsibility or liability for its dependability, trustworthiness, reliability and data of the text. Mid-day management/mid-day.com reserves the sole right to alter, delete or remove (without notice) the content in its absolute discretion for any reason whatsoever Full Article
cr Pune Crime: Brother beats sister's former lover to death over marriage By www.mid-day.com Published On :: 09 Feb 2019 14:40:00 GMT The Pune police arrested a man for beating his sister's former lover to death in Pimpri-Chinchwad on Tuesday for opposing her marriage with another man. Police said that the man got into a fight with his sister's former boyfriend and hit him with a metal pipe, thereby killing him instantly. According to Hindustan Times, the assailant, identified as Santosh Chaudhury allegedly had a tiff with his sister's former lover, Yuvak Waghmare (22). Waghmare had opposed the girl's marriage to another man. The girl's brother Chaudhury was furious with Waghmare as he had learned that her sister ended her relationship with him after she got know that he is already married. Senior police inspector Vivek Lawand of Dighi police station said, "The girl parted with Waghmare after realising that he is married and also has a daughter." However, Waghmare still wanted to marry the girl and hence he planned to have a talk with her brother Santosh Chaudhury in connection with his sister's wedding to another man. Waghmare on Tuesday approached Chaudhury while he was at his paan shop outside Hotel Ajinkya in Magazine chowk. Both had heated argument over the impending wedding of Chaudhury's sister and got into a fight. Chaudhury, in a fit of rage, bludgeoned Waghmare’s head with a metal pipe that killed him instantly. The body was later taken to Yashwantrao Chavan Memorial Hospital for post-mortem. As per the police, the deceased Waghmare was working for a consultancy and was deployed in the operations department of a mall in Vimanagar, whereas Chaudhury, who is in his twenties, hails from Bihar and runs a paan shop in Dighi. Chaudhury has been was arrested on Tuesday by officials of the Dighi police station and a case has been registered against him under Section 302 (murder) of the Indian Penal Code (IPC). Catch up on all the latest Crime, National, International and Hatke news here. Also, download the new mid-day Android and iOS apps to get the latest updates The article has been sourced from a third-party source and Mid-day accepts no responsibility or liability for its dependability, trustworthiness, reliability, and data of the text. All information provided in this article is for informational purposes only. Full Article
cr Government staffer crushed under bus in Pune By www.mid-day.com Published On :: 05 Mar 2019 02:23:40 GMT An undersecretary in the state government died on Sunday when his motorcycle collided with a tempo in Pune, the police said on Monday. Suhas Ramrao Chavan, 49, was a resident of Tilaknagar in Chembur (West). The incident took place on the busy Mantarwadi chowk around 7.45 pm on Sunday in the jurisdiction of Hadapsar police station. Suhas's younger brother Ajay and parents live in Bhosale garden, Hadapsar. Assistant police inspector Kiran Londe of Hadapsar police station, said, "Suhas had come to Pune to meet his parents and brother. He was on his way to meet a friend after meeting his family and was not wearing a helmet. He tried to overtake a tempo and was crushed under a private bus coming from the opposite side." Catch up on all the latest Mumbai news, crime news, current affairs, and also a complete guide on Mumbai from food to things to do and events across the city here. Also download the new mid-day Android and iOS apps to get latest updates Full Article
cr Pune Crime: CBI arrests two GST superintendents in bribery case By www.mid-day.com Published On :: 27 Mar 2019 05:02:56 GMT The Central Bureau of Investigation (CBI) on Tuesday arrested two superintendents posted at the Goods and Service Tax (GST) office for allegedly demanding and accepting a bribe. Those arrested have been identified as Vivek Dekate and Sanjeev Kumar. A complaint was registered against two under Section 7 of the Indian Penal Code (IPC). The two accused were produced before the Special CBI Judge, who remanded them to three-day CBI custody. The officers were caught red-handed while accepting a bribe of Rs 1 lakh from the complainant. The amount has been recovered from their possession. The complainant alleged that the accused demanded Rs 3 lakh in order to settle the service tax liability for the financial year 2016-17. Further probe is on. Catch up on all the latest Crime, National, International and Hatke news here. Also, download the new mid-day Android and iOS apps to get the latest updates Full Article
cr Minister cheats trader of Rs 1.9 crore for issuing liquor permit By www.mid-day.com Published On :: 29 Mar 2019 03:01:50 GMT After repeated attempts to convince the Aurangabad police to register a case against Maharashtra Social Justice Minister Dilip Kamble for his alleged involvement in a cheating case of Rs 1.92 crore failed, a businessman approached the judicial magistrate first class court to get the work done. According to victim Vilas Dadarao Chavan, the minister cheated him of the amount on the pretext of issuing a liquor licence and permit. According to sources, the incident came to light when Chavan approached the police to file a complaint. As the cops did not take his grievance seriously, he approached the court and registered a private case. On Tuesday, the Aurangabad court directed the police to register an FIR at CIDCO police station against Kamble and three others under sections 420, 406, 120B and 34 of IPC. Chavan said, "A relative of Kamble had promised to help me get the licence for selling liquor in Aurangabad. The first time we met at a hotel in Pune, he introduced me to the minister and said that I would have to pay Rs 2.15 crore for transferring my Mumbai sale licence. I had given him Rs 1.92 lakh in advance." He further said, "Neither did I get the licence, nor my money back. I had approached the Aurangabad police, but they did not take my case seriously. Then I approached the court." Aurangabad CP Chiranjeev Prasad said, "We have registered a case based on the court order. The matter is being investigated." Catch up on all the latest Mumbai news, crime news, current affairs, and also a complete guide on Mumbai from food to things to do and events across the city here. Also download the new mid-day Android and iOS apps to get latest updates Full Article
cr Pune youth cracks UPSC exams with flying colours By www.mid-day.com Published On :: 06 Apr 2019 15:45:01 GMT Youth in Pune cleared Union Public Service Commission exams with flying colours according to the results which were out on Friday evening. After four attempts, the Pune based married women clears the Union Public Service Examination (UPSC) exam by ranking 16th in the country. The UPSC exams held in September-October, 2018 declared the results on Friday evening and a total of 759 candidates have been recommended for the appointment. Trupti Ankush Dhodmise, a resident of Pune holds the 16th rank in the country. She is married and currently serves as an Assistant Commissioner of Sales Tax (Goods and Service Department) with Maharashtra State. Trupti's parents are school teachers and she holds an engineering degree in a Pune-based college of Engineering. Via post campus placement, she got a job in a reputed company and later in 2014, she cleared the Maharashtra State Public Service Commission (MPSC) to join as assistant commissioner of sales tax. Trupti told mid-day, “I was expecting to clear this exam as this was my fourth attempt and like the previous two attempts, I only was disappointed in my interview rounds. My husband helped me with my studies and motivated me to do better. My parents and in-laws also supported me.” She also added, “Being a married woman, it helps you to grow stronger and make better decisions in life.” Nachiket Vishwanath Shelke from Pingale village in Shirur taluka also cracked the examination with 167thrank all over India. On the other hand, Puja (26) has topped holding the 11th rank in India. She has completed her education in a Delhi-based college and later perused her post graduation in Columbia. She has kept her father, Dnyaneshwar Muley's legacy alive as he is a former Indian Foreign Service officer with the Ministry of External Affairs and Overseas Indian Affairs (MEA). Catch up on all the latest Crime, National, International and Hatke news here. Also download the new mid-day Android and iOS apps to get latest updates Full Article
cr Bhumi Pednekar - "How I represent women on screen is very important" By Published On :: Fri, 08 May 2020 03:54:28 GMT Bhumi Pednekar is one of the most exciting young actors of our generation. The young actress in her first few years of journey in Bollywood has already given audiences some really strong and brilliant female protagonists in films like Dum Laga Ke Haisha, Toilet, Shubh Mangal Saavdhaan, Bala, Saand Ki Aankh, Son Chiriya, among others. “For me, how I represent women on screen is very important. Cinema has the power to influence people and I do feel that through our portrayal of women, we can push the messaging of equality, of independence. I have looked out for such characters and play them with all my heart of screen. I have been fortunate to have got these characters that have made a mark and stood out,” says Bhumi. The talented actress will be soon seen as a leading lady in the Akshay Kumar presentation Durgavati and award-winning director Alankrita Srivastava’s Dolly Kitty Aur Woh Chamakte Sitaare. “I thank my visionary filmmakers who chose to tell stories of these magnificent women to the people of my country. It has been an honour to be a part of their cinema and bring such courageous, fantastic, confident women on screen,” she says. Bhumi intends people to realise how equality is yet to be achieved in society through cinema. “My journey in cinema has just begun. I will continue to strive to find more such women whose stories I want to tell on screen. I feel when people see such women and their lives, their struggles, their pain, their dreams, their victories, there can be a shift in perspective. It might help us to further understand how far we are from achieving equality and how much women can contribute in making our country and our society stronger,” she says. ALSO READ: Bhumi Pednekar to speak to nutritionist and share health tips to tackle emotional eating during coronavirus Full Article
cr “I hope to play a detective on screen!”, says Arjun Kapoor, as he binge-watches the acclaimed yesteryears TV series Byomkesh Bakshi By Published On :: Fri, 08 May 2020 05:42:50 GMT Arjun Kapoor has always appreciated eclectic content. The actor, who runs his own digital property Arjun Recommends through which suggests great content for people to binge on, is currently gorging on yesteryears acclaimed TV show Byomkesh Bakshi played by actor Rajit Kapur. For Arjun, this show is like a whiff of nostalgia from his childhood. He says, “Whenever I could catch Byomkesh Bakshi as a kid, I remember I enjoyed it thoroughly. For me, Byomkesh was what a hero should be. Slick, super-intelligent, and charismatic, he is one of the best sleuths that I have seen on screen! I have been watching Byomkesh on TV again and it is pure nostalgia for me!” Arjun lists his reasons why he loves this indigenous super-detective. “The best thing about Byomkesh was that he solved intelligent crimes and that really hooked me on. The writing, the cleverness of the cases really got me interested. The show still hooks you thoroughly and that’s what great writing, great acting can do. Great content has the ability to become timeless and universal,” he adds. Arjun secretly wishes to play a detective on screen. “Since then, I had always wanted to play a detective who saves the day and saves lives. I got to live my childhood dream by playing an undercover agent and saving the country in India’s Most Wanted! I still hope I get to play a detective on-screen one day!” says Arjun. Also Read: An overwhelmed Arjun Kapoor wishes a frontline doctor on her birthday as she pens an emotional note Full Article
cr Sanjay Dutt says he is ready to foray into the digital space if he finds an exciting script By Published On :: Fri, 08 May 2020 14:20:46 GMT Sanjay Dutt is an actor who has appeared in a great many numbers of films spanning across genres, thus time and again proving his adaptability to wear the mask of different characters. The actor has been in the industry for a very long time and has even been part of the transformation and evolution of the Indian film industry. Of late, Bollywood has been going through a paradigm shift as the world of content has been brought to digital platforms. OTT platforms have opened up new avenues and make any genre of series or films available, just a click away, which has been benignant for the viewers. Actor Sanjay Dutt comments on how he feels OTT platform can be beneficial for artists, he says, "OTT platforms are flourishing and have brought about so much variety in terms of content. They also enable artists to experiment with material and characters. If I get a script that excites me, I would love to foray into digital entertainment." Sanjay Dutt is an actor who is enriched with the experience of the various characters he has played on-screen and it would be thrilling to see him make a debut on OTT platform. The actor shows interest in foraying into the world of digital entertainment so the audience can just keep their fingers crossed and wait to see what happens! 2020 is an immensely packed year for Sanjay Dutt as the actor will be seen in five big banner films namely, KGF: Chapter 2, Shamshera, Bhuj: The Pride of India, Torbaaz and Sadak 2. The actor will certainly ace the characters as he can slip into any character given to him as he is rich with the experience of numerous characters he has played on -screen. Full Article
cr American Indian actor Kal Penn on sharing screen space with Irrfan Khan in The Namesake By Published On :: Sat, 09 May 2020 05:59:46 GMT Kal Penn who played Irrfan’s son in The Namesake can’t get over the loss. “Irrfan was such an incredible artist. What a loss. It was magical. He was so gracious and giving as an artist and a person.” Not many know about Irrfan’s wicked sense of humour. Says Kal, “He could be so funny! He had a wonderful sense of humor and I remember his approach to the craft being particularly warm.” Kal recalls Irrfan as an actor sheared of vanity. “He was friendly. Friendly and down to earth. There was never any attitude with Irrfan, he was so comfortable in his own skin and so fully and truly embodied his character when the cameras were rolling.” But what according to Kal really made Irrfan special was the way he embraced silences. “I've never worked with an artist who communicates so beautifully without needing to speak. When we would shoot scenes for The Namesake, so often, Irrfan would play beat after story beat with intimacy and in silence that made me immediately at ease and in the moment.” Kal Penn learnt a lot from watching Irrfan not only while they worked together but also when they didn’t work together. “I learned a lot from working with Irrfan but also from watching him work across different mediums, different languages, and different continents. I will always admire his work more broadly, and to have had that kind of range is so remarkable.” Kal will remember Irran as an actor who at once no one and everyone. “He was such a commensurate artist whose performances are simultaneously intimate and reflect the humanity in each of us.” Also Read: 5 Years Of Piku: Deepika Padukone bids farewell to Irrfan Khan with an unseen picture Full Article
cr Kajol reveals that her kids haven't watched many of her films as they feel she cries a lot By Published On :: Sat, 09 May 2020 11:55:53 GMT Ahead of Mother's day, Kajol spoke to a daily about motherhood and the bond she shares with her kids. Kajol got married to actor Ajay Devgn in 1999 and the two went on to become parents to two beautiful kids- Nysa and Yug. When she conceived Nysa, Kajol had only one thought and that was to ace this test of motherhood. However, she soon realized that it is no cakewalk and it took her six months to realize that she can't do it alone. Kajol said that her children make her want to be a better and fun person. Kajol also revealed that her children have not watched too many of her films. She said that it is because she hasn't made many and according to the kids, Kajol cries too much and makes them cry too. While talking about her bond with her mother Tanuja, Kajol said that the relationship they share is the best and that they never discuss work. She said that her mother gave a lot of advice but never listened to it until she landed in a problem. ALSO READ: From working with Shah Rukh Khan to Ajay Devgn not cooking for her, Kajol makes some interesting revelations during her chat session Full Article
cr Gender economics in macroeconomic research By ec.europa.eu Published On :: Wed, 15 Apr 2020 00:00:00 GMT By failing to properly take gender interactions into account in research we are limit-ing today's science. EU-funded research is revealing how economic trends affect genders differently, as for example in the COVID-19 crisis. It is also looking at how the interaction between genders impacts macroeconomic trends. Full Article
cr EPL: Crystal Palace boss wary of artificial end to season By www.mid-day.com Published On :: 13 Apr 2020 04:09:05 GMT Crystal Palace manager Roy Hodgson has warned against "artificial means" of deciding the Premier League. In a statement to the London club's supporters, which saw the former England boss thank health workers and all those trying to combat the coronavirus, the veteran former England manager insisted there was widespread support for playing the 2019/20 season out to a finish. "Everyone is in total agreement we need an end to this season," wrote Hodgson. "We don't want artificial means of deciding who wins the league, who gets into the Champions League, who gets relegated and promoted." His letter came after UEFA, European football's governing body, warned a failure to complete domestic leagues could see clubs excluded from continental competitions next season. Hodgson said players who, in common with the rest of the British population, are currently in lockdown would ideally like three to four weeks' preparation before playing a match again. But the 72-year-old added: "I accept there may have to be a squeeze on that time-frame." The Premier League has been suspended until April 30 at the earliest, with further delays looking likely. League leaders Liverpool, one of Hodgson's former clubs, are a huge 25 points ahead of second-placed Manchester City, with nine games to play and need just two more wins to be certain of their first English championship in 30 years. Palace are currently safely in mid-table, with the Eagles 12 points clear of the relegation zone. Catch up on all the latest sports news and updates here. Also download the new mid-day Android and iOS apps to get latest updates. Mid-Day is now on Telegram. Click here to join our channel (@middayinfomedialtd) and stay updated with the latest news This story has been sourced from a third party syndicated feed, agencies. Mid-day accepts no responsibility or liability for its dependability, trustworthiness, reliability and data of the text. Mid-day management/mid-day.com reserves the sole right to alter, delete or remove (without notice) the content in its absolute discretion for any reason whatsoever Full Article
cr Cristiano Ronaldo and Portugal squad give amateur clubs financial boost By www.mid-day.com Published On :: 14 Apr 2020 03:33:34 GMT Cristiano Ronaldo and his Portugal teammates have donated half of their bonus for qualifying for the Euro 2020 finals to help amateur football in the country that has been hit by the coronavirus shutdown. The Portuguese football federation said on Monday the money would go towards a fund that it hopes will reach 4.7 million euros ($5.1 million) to help amateur clubs survive the crisis. The federation last week decided to end the already-suspended amateur season with immediate effect, declaring the season null and void without champions, promotion or relegation. No decision has been taken on resuming professional football but the president of the Portuguese league said in late March he was determined the season should be completed. "It is fundamental that the championships end because it would allow some sort of normality to be restored and we could prepare for next season knowing who has qualified for international competitions, who the champions are and who is relegated," Pedro Proenca said. Portugal shocked host nation France to win Euro 2016 but Ronaldo and his teammates will have to wait another year to defend their title as Euro 2020 has been postponed by 12 months because of the coronavirus pandemic. Catch up on all the latest sports news and updates here. Also download the new mid-day Android and iOS apps to get latest updates. Mid-Day is now on Telegram. Click here to join our channel (@middayinfomedialtd) and stay updated with the latest news This story has been sourced from a third party syndicated feed, agencies. Mid-day accepts no responsibility or liability for its dependability, trustworthiness, reliability and data of the text. Mid-day management/mid-day.com reserves the sole right to alter, delete or remove (without notice) the content in its absolute discretion for any reason whatsoever Full Article
cr Paul Pogba on critic Graeme Souness: I don't even know him By www.mid-day.com Published On :: 15 Apr 2020 02:34:50 GMT Manchester United midfielder Paul Pogba is bemused as to why he remains a constant source of criticism despite missing most of the campaign through injury. The 27-year-old has been restricted to just eight appearances this season due to a persistent ankle injury. Former Liverpool captain and manager Graeme Souness has been one of the most outspoken critics of Pogba since he returned to United from Juventus for a then world record £89 million ($112 million) fee in 2016. However, Pogba claimed he did not even know who Souness was. "I didn't even know who he was, really," Pogba told the official Manchester United podcast. "I heard he was a great player and stuff like that. I know the face but (not) the name. "Like I said I'm not someone that watches a lot of (punditry), I watch a lot of football but I don't stay after the game to listen to what they say about why they did this, or why they did that. I like to focus on football." Souness - who won three European Cups, and five league titles as a player at Liverpool - responded to Pogba on Tuesday morning. "I'm happy with that. The oldest saying in football comes to mind: 'Put your medals on the table'. I've got a big table," the former Scottish international told Sky Sports. Pogba's return to Old Trafford has failed to match the expectations of his price tag despite winning the Europa League and League Cup in his first season under Jose Mourinho. A bitter fall out with Mourinho followed in the next two seasons before the Portuguese was sacked in December 2018. And after a brief hot streak when Ole Gunnar Solskjaer took charge, Pogba's time under the Norwegian has been beset by a lack of form and fitness. However, the French World Cup winner still believes the criticism he has received, particularly in his absence this season, is unjustified. "It's good to hear good stuff instead of bad stuff but when you play football, you know yourself. It's what your manager and team-mates want, the rest is just talk," added Pogba. "I guess they (the critics) miss me, I don't know? I'm not someone that looks always at Sky Sports News. "When you know football, you don't need someone to tell you what's happening. "One day maybe I will meet them and ask them because I really want to know, why?" Catch up on all the latest sports news and updates here. Also download the new mid-day Android and iOS apps to get latest updates. Mid-Day is now on Telegram. Click here to join our channel (@middayinfomedialtd) and stay updated with the latest news This story has been sourced from a third party syndicated feed, agencies. Mid-day accepts no responsibility or liability for its dependability, trustworthiness, reliability and data of the text. Mid-day management/mid-day.com reserves the sole right to alter, delete or remove (without notice) the content in its absolute discretion for any reason whatsoever Full Article
cr Cristiano Ronaldo visits his first club Nacional By www.mid-day.com Published On :: 18 Apr 2020 01:36:55 GMT Portuguese football star Cristiano Ronaldo visited his boyhood club Nacional in Madeira recently and shared pictures of the experience on social media. Unlike other parts of the world, Portugal is not in complete lockdown due to the Coronavirus pandemic, so Cristiano, who is currently at home in Madeira anyway, did not breach any regulations for this local trip. Cristiano played for second-tier side Nacional as a junior (1995-1997) before moving to Sporting Lisbon. In one of the pictures (above) Cristiano, 34, posted to his 213 million Instagram followers, he is seen standing next to a trophy cabinet which includes photographs of himself during his younger days. "It's always good to come back home @CDNacional," he captioned his post. Nacional were quick to reply, saying: "You're always welcome in your home." Catch up on all the latest sports news and updates here. Also download the new mid-day Android and iOS apps to get latest updates. Mid-Day is now on Telegram. Click here to join our channel (@middayinfomedialtd) and stay updated with the latest news Full Article
cr Cristiano Ronaldo not at Lionel Messi's level: David Beckham By www.mid-day.com Published On :: 20 Apr 2020 02:51:06 GMT Former Manchester United and Real Madrid midfielder David Beckham rates Barcelona's Lionel Messi higher than Cristiano Ronaldo. Ronaldo succeeded Beckham as Manchester United's No. 7 before arriving at Real Madrid two years after the England captain left the Spanish giants. Beckham has also experience of playing against a young Lionel Messi in the latter's initial years with Barcelona and faced him once while he was playing for Paris St Germain. "He [Messi] is alone in his class as a player, it is impossible that there is another like him," Beckham told Telam. David Beckham "He, like Cristiano Ronaldo, who is not at his level, are both above the rest." Beckham recalled his last match against Barcelona in the quarter-final of the 2013 Champions League. PSG were ahead at one stage at Camp Nou when Messi came on as a substitute. Eventually, Pedro scored and Barca went through on the away goals rule. "We were leading before Messi came in, and once he came in, Barcelona scored," Beckham said. He was 37 years old by then and ended his illustrious playing career at the end of the season but Beckham said that he did not enjoy losing that tie. "Although I enjoyed playing at that level at my age, I do not like to lose. Our team played well. In both matches, we did things we should be proud of. We didn't lose against Barcelona, and that is something that should motivate us," he 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. Mid-Day is now on Telegram. Click here to join our channel (@middayinfomedialtd) and stay updated with the latest news This story has been sourced from a third party syndicated feed, agencies. Mid-day accepts no responsibility or liability for its dependability, trustworthiness, reliability and data of the text. Mid-day management/mid-day.com reserves the sole right to alter, delete or remove (without notice) the content in its absolute discretion for any reason whatsoever Full Article
cr COVID-19: Gareth Bale donates Rs 4.6 crore to 'special' Cardiff hospital By www.mid-day.com Published On :: 24 Apr 2020 03:31:03 GMT Wales attacker Gareth Bale has said that he had donated ?500,000 ($615,000) to the hospital where he was born to help in the fight against the coronavirus pandemic. Real Madrid's Bale, 30, who has won four Champions League titles since joining the Spanish giants in 2013, made the announcement in a Twitter post by the Cardiff and Vale Health Board. "I just wanted to make this video to thank everybody in the NHS for their hard work and sacrifice during this COVID-19 crisis," he said "The University Hospital of Wales holds a special place in my heart, it's where I was born and it's provided great support to my friends, my family and the wider community. "Me and my family we'd like to show our support. Keep up the good work, you're doing an amazing job and thank you very much," he added. As of Wednesday 624 people had died from the illness in Wales with more than 8,000 cases recorded. Spain's La Liga has been suspended since March 12 due to the outbreak but football authorities in the country have agreed on a return to protocol for professional players. League president Javier Tebas last week said play could restart as early as next month, although a fortnight extension of the nationwide lockdown until May 9 announced on Saturday appears to have scuppered those plans. Catch up on all the latest sports news and updates here. Also download the new mid-day Android and iOS apps to get latest updates. Mid-Day is now on Telegram. Click here to join our channel (@middayinfomedialtd) and stay updated with the latest news This story has been sourced from a third party syndicated feed, agencies. Mid-day accepts no responsibility or liability for its dependability, trustworthiness, reliability and data of the text. Mid-day management/mid-day.com reserves the sole right to alter, delete or remove (without notice) the content in its absolute discretion for any reason whatsoever Full Article
cr Peter Crouch now eyes Crufts trophy, an international dog show By www.mid-day.com Published On :: 26 Apr 2020 06:55:48 GMT Former England footballer Peter Crouch has plans to enter the Crufts, an international dog show held in UK, and walk away with the trophy. Peter and his model wife Abbey Clancy, who have a new Labrador named Sonny, were denied entry this March. And the football star is determined to win the coveted title with his pet dog in 2021. In the latest episode of That Peter Crouch Podcast, Peter said: "We couldn't get into Crufts last time so we're trying to train this bad boy up." Meanwhile, Abbey revealed: "He likes getting in the cage with the dog. The dog cage is the biggest one we could get on Amazon. And it does fit Peter and all four children and the dog. He's trying to train him for little biccies. He's a good trainer. He doesn't like to fail at anything. So after the whole Crufts episode, he said, 'I'm gonna train a dog then I'm gonna enter it into Crufts'." Catch up on all the latest sports news and updates here. Also download the new mid-day Android and iOS apps to get latest updates. Mid-Day is now on Telegram. Click here to join our channel (@middayinfomedialtd) and stay updated with the latest news Full Article
cr Cristiano Ronaldo helps firm hit by CR7 underwear sales By www.mid-day.com Published On :: 29 Apr 2020 02:44:45 GMT Portugal football superstar Cristiano Ronaldo has shown his generous side once again by helping Danish underwear company JBS, who have taken a massive hit on sales due to the Coronavirus pandemic. According to British tabloid, The Sun, the Juventus player has waived the entire amount he is entitled to from JBS, who manufacture his range of CR7 underpants. The CR7 range of underwear is one of Cristiano’s most lucrative endorsements and account for 14 per cent of JBS’s total revenue. The company’s CEO Michael Alstrup is most grateful. “Cristiano’s people have said that because of the Coronavirus this year, there will be no minimum payments at all. And Cristiano has even further helped us not to pay anything until 2021. We are privileged that it was us who started the CR7 brand, and we sit among Cristiano’s closest, just like part of the family,” he 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. Mid-Day is now on Telegram. Click here to join our channel (@middayinfomedialtd) and stay updated with the latest news Full Article
cr COVID-19: Brazilian footballer Gabriel Jesus provides 400 food baskets, raises Rs 3.7 crore By www.mid-day.com Published On :: 30 Apr 2020 02:48:59 GMT Manchester City's Brazilian footballer Gabriel Jesus is doing his best to help his country during the COVID-19 pandemic. Gabriel has donated three tonnes of food to the poor in Brazil's notorious favelas from where he emerged as a footballer. He recently arranged for 400 food baskets to be delivered to Sao Paulo's Jardim Peri neighbourhood where he grew up. The player has also got together with famous Brazilian singer Beto for a song that has been uploaded on YouTube to raise funds. Gabriel, 23, has reportedly helped raised £370,000 (approx Rs 3.7 crore) alongwith fellow footballers to help some 32,000 families with relief material. Back in Brazil, when he played for Palmeiras as a teenager, Gabriel, then 17, earned around £3,500 a year (approx R3 lakh) before he went on to bag a whopping £75,000-a-week (approx Rs 67 lakh) contract with Manchester City in 2016. Catch up on all the latest sports news and updates here. Also download the new mid-day Android and iOS apps to get latest updates. Mid-Day is now on Telegram. Click here to join our channel (@middayinfomedialtd) and stay updated with the latest news Full Article
cr So long, Chuni! Legendary footballer Goswami was also a first-class cricketer By www.mid-day.com Published On :: 1 May 2020 01:24:33 GMT A little over a month after PK Banerjee's death, Indian football has lost another legend. On Thursday, Chuni Goswami, 82, who captained the 1962 Asian Games gold-winning team and also played first-class cricket, died here, survived by wife Basanti and son Sudipto. "He suffered a cardiac arrest and died in hospital at around 5pm," a family source told PTI. Goswami reportedly had blood sugar, prostrate and nerve-related issues. Subimal 'Chuni' Goswami was born in the Kishoreganj district of undivided Bengal, now Bangladesh. The star striker figured in 50 international games from 1956 to 1964. He was part of the Indian team for the 1960 Olympics in Rome. His crowning moment came when he led India to an Asian Games gold medal in 1962 in Jakarta, two years before being part of the silver-winning team at the Asia Cup in Israel. On the cricket turf, he represented Bengal in 46 first-class games between 1962 and 1973. He was conferred the Arjuna Award in 1963 and Padma Shri in 1983. The Indian Postal Department issued a commemorative stamp on his 82nd birthday in January to recognise his contribution to the game in the country. A section of Mumbai cricket followers will remember Goswami's 96 (13x4) and 84 (10x4) against Ajit Wadekar's team in the 1968-69 Ranji Trophy final at the Brabourne Stadium where Mumbai claimed honours. "Chuni was more than a decent batsman, who had a good defensive approach. He was a fielder whom batsmen had to watch carefully. Being a footballer, he was agile and was exceptional at cover point and extra cover," recalled former Mumbai captain Sudhir Naik. Dilip Doshi, the ex-Test spinner, who played alongside Goswami for Bengal, also recalled those two innings at Brabourne. "Chuni da stood up to the occasion and played two sterling knocks. His will to fight it out was infectious and as a footballer and India's captain as well, we learnt the fitness attitude from him as youngsters. He had a great sense of humour which he timely applied to release tension in the dressing room," remarked Doshi. Chinu Goswami Former India captain Gundappa Viswanath, who like Goswami, was employed by the State Bank of India, rued the fact that they did not play together because of his (Viswanath's) international commitments. "Unfortunately, that opportunity never came because it would have been a pleasure to rub shoulders with such a versatile sportsperson, known also for his football talent. I will miss our dinner parties which he always planned as soon as I landed in Kolkata. Another regret is not attending his 80th birthday celebrations as I was ill at that time" Viswanath told mid-day from Bangalore. Tweet talk Praful Patel @praful_patel: Another legendary Indian Footballer and a fine first class cricketer has left us today. Rest in eternal peace Shri. Chuni Goswami. My heartfelt condolences to his bereaved family.#ChuniGoswami #RIPLegend #IndianFootball @IndianFootball President of India (Kovind)@rashtrapatibhvn: Sad to hear about the passing of Chuni Goswami. In his demise India’s football fans have lost a legend. A versatile sportsman, he was a star in his own right. My heartfelt condolences to his family, friends and admirers BCCI @BCCI: BCCI mourns the death of Subimal ‘Chuni’ Goswami, an all-rounder in the truest sense. He captained the Indian national football team & led to them to gold in the 1962 Asian Games. He later played first-class cricket for Bengal & guided them to the final of Ranji Trophy in 1971-72 Sunil Chhetri @Chetrisunil11: We’ve lost one of the leading lights of Indian sport today. Not too many can boast of being top-notch in two different sports. You played your part to the fullest, rest well, Chuni sir. Strength to the family With inputs from PTI, Clayton Murzello and Debasish Datta Catch up on all the latest sports news and updates here. Also download the new mid-day Android and iOS apps to get latest updates. Mid-Day is now on Telegram. Click here to join our channel (@middayinfomedialtd) and stay updated with the latest news Full Article
cr Fan asks Sunil Chhetri for Netflix username, password; he gets him a subscription! By www.mid-day.com Published On :: 4 May 2020 04:50:06 GMT India's star footballer Sunil Chhetri has gone out of his way in order to help a fan who approached him online in order to get a free Netflix account. Not only did Sunil Chhetri give the fan a Netflix subscription but also handed him a personally signed jersey.. This was after this fan had asked Sunil Chhetri to share his Netflix ID and password during coronavirus pandemic. The fan also stated that the football captain could change the password after the lockdown is done. Taking to Twitter, Sunil Chhetri posted a screenshot of a message he received on Facebook and wrote: "Jersey X Autograph on a picture X Reply to the post X Video wishing the neighbour's son's pet dog X. Here's someone who has priorities straight and it's really making me want to consider the demand." Netflix India's Twitter handle took note of this message from Chhetri and went on to reply: "While we on that topic, could we also get your autograph on a picture?" In the true spirit of a barter, how about you guys hand the kid a two-month subscription and I'll send a signed shirt and a picture your way? Do we have a deal? https://t.co/Ub0WaMcutg — Sunil Chhetri (@chetrisunil11) May 3, 2020 Sunil Chhetri then proposed a 'barter' deal and asked for a two-month free subscription for the fan in return for an autographed jersey from him. He wrote: "In the true spirit of a barter, how about you guys hand the kid a two-month subscription and I will send a signed shirt and a picture your way? Do we have a deal?" In reply, Netflix India's Twitter handle posted: "How about we send him both the jersey and a subscription card? Let's make his day." To this, Chhetri replied: "Sounds great guys, now that we've got this figured out. Subscription for the kid, Shirt for the kid, Shirt for you guys." The boy had earlier sent a Twitter post to Sunil Chhetri. Take a look at the shared post by the footballer. Jersey âÂÂAutograph on a picture âÂÂReply to the post âÂÂVideo wishing the neighbour's son's pet dog âÂÂHere's someone who has priorities straight and it's really making me want to consider the demand. ð pic.twitter.com/OdBGrS7g5v — Sunil Chhetri (@chetrisunil11) May 2, 2020 Earlier, in a series of tweets, Chhetri had announced that the members of the Indian team had come together and 'put on table a sum that has been sent to the PM-Cares Fund' to help in the fight against coronavirus. Inputs from IANS Catch up on all the latest sports news and updates here. Also download the new mid-day Android and iOS apps to get latest updates. Mid-Day is now on Telegram. Click here to join our channel (@middayinfomedialtd) and stay updated with the latest news This story has been sourced from a third party syndicated feed, agencies. Mid-day accepts no responsibility or liability for its dependability, trustworthiness, reliability and data of the text. Mid-day management/mid-day.com reserves the sole right to alter, delete or remove (without notice) the content in its absolute discretion for any reason whatsoever Full Article
cr See Photos: Cristiano Ronaldo goes island hiking with girlfriend Georgina and son By www.mid-day.com Published On :: 4 May 2020 07:58:54 GMT The global lockdown caused due to the COVID-19 pandemic hasn't affected Portuguese football superstar Cristiano Ronaldo's workout regime. View this post on Instagram Discovering my island with the best companyð¨ð¦â¤ï¸Â #madeiraisland #staysafe A post shared by Cristiano Ronaldo (@cristiano) onMay 2, 2020 at 3:55am PDT Before he returns to Italy next week, the Juventus player took partner Georgina Rodriguez and son Cristiano Jr to the scenic mountain top of the Madeira island for a hike on Saturday. He shared this picture of his son and him, with his 216 million Instagram followers and captioned it: "Discovering my island with the best company #madeiraisland #staysafe." View this post on Instagram ðÂÂÂð´ðµð¾ð¦ Punta de San Lorenzo â°ðÂÂÂ⤠@aloyoga #family #love A post shared by Georgina Rodríguez (@georginagio) onMay 2, 2020 at 9:10am PDT Meanwhile, Georgina posted this family picture (right) of them visiting the Ponta de Soo Lourenco (it means the Point of Saint Lawrence in Portuguese), the eastern point of the island, and wrote: "Punta de San Lorenzo #family #love." Catch up on all the latest sports news and updates here. Also download the new mid-day Android and iOS apps to get latest updates. Mid-Day is now on Telegram. Click here to join our channel (@middayinfomedialtd) and stay updated with the latest news Full Article
cr Cristiano Ronaldo donating money to help Portugal's lower league players By www.mid-day.com Published On :: 6 May 2020 02:23:18 GMT Football superstar Cristiano Ronaldo flew back to Italy on Monday after almost two months in Coronavirus lockdown in his native Madeira, Portugal, but he is continues to help with donations during this COVID-19 pandemic. Lokomotiv Moscow's Portuguese player Joao Mario has told British tabloid, The Sun that Cristiano is donating money to lower league players in Portugal, who are financially hit due to the pandemic. "It's a bad situation for everyone but in these kinds of situations, it's worse. They [Portugal's lower league players] really need our help. Cristiano presented us an initiative for us all to help especially those players that are struggling, that do not have professional contracts," said Joao. Meanwhile, Manchester City star Bernardo Silva said, "Ronaldo suggested that Portugal players should donate 50 per cent of their Euro 2020 qualification bonus towards a players's fund in the Portugal Football Federation." Catch up on all the latest sports news and updates here. Also download the new mid-day Android and iOS apps to get latest updates. Mid-Day is now on Telegram. Click here to join our channel (@middayinfomedialtd) and stay updated with the latest news Full Article
cr Cristiano Ronaldo's girlfriend Georgina's latest photo sparks pregnancy rumours By www.mid-day.com Published On :: 7 May 2020 03:00:03 GMT Portuguese football superstar Cristiano Ronaldo, 35, could be expecting his fifth child going by an indication from his girlfriend Georgina Rodriguez, 26, via social media. On Monday, just before leaving for Turin, Italy from Madeira in Portugal where they spent nearly two months, Georgina hinted in a social media post that she was pregnant. She Instagrammed this blurred picture (above) of herself chewing gum with the words 'baby girl' accompanied by a heart wrapped in a bow emoji. Cristiano has four children, Cristiano Jr, nine, twins Eva and Mateo, two, born via a surrogate mother and Alana Martina, two, from Georgina. Cristiano and his family arrived in Italy, where he will now self-isolate for two weeks before resuming training with his club, Juventus. Catch up on all the latest sports news and updates here. Also download the new mid-day Android and iOS apps to get latest updates. Mid-Day is now on Telegram. Click here to join our channel (@middayinfomedialtd) and stay updated with the latest news Full Article
cr Why Tactically Invest Across Asset Classes amidst COVID-19 with Quantum Multi-Asset Fund Of Funds By feeds.equitymaster.com Published On :: Mon, 4 May 2020 00:00:00 GMT Posted by Equitymaster Coronavirus or Covid-19 is showing no signs of receding. On the contrary, the number of cases is increasing by the day and the situation is rather depressing, as almost every region of the world and country is infected. Sadly, there is no antidote or a vaccine conclusively developed to fight this deadly pathogen yet. And according to the World Health Organisation (WHO), Coronavirus will be with us for a long time. Most cases are still in the early phase of the epidemic and some countries which were affected early in the pandemic, are now seeing a resurgence in the number of cases, said the WHO Chief. COVID-19 is truly playing havoc and may be followed with a financial crisis owing to the lockdowns imposed to contain the spread. The risk of global recession undeniably looms large. "This crisis is like no other", as what the International Monetary Fund's (IMF), Chief Economist, Ms Gita Gopinath wrote in the foreword to the World Economic Outlook, April 2020. Graph 1: The virus has spread even to Indian equities The graph above depicts the S&P BSE Sensex falling off the cliff and investors' wealth being eroded. Since the all-time high of the S&P BSE Sensex (42,273.87 points made on January 20, 2020), we have fallen more than -25% and overall sentiments seem downbeat and volatility has heightened. --- Advertisement --- FREE Guide for You: Find the Next Crorepati Stock in this Futuristic IndustryTanushree Banerjee, the co-head of research, just shared her latest guide: Find the Next Crorepati Stock in this Futuristic Industry And she has agreed to make it available for free for a limited time. If you've not claimed your free copy, then do so now. It might not remain free for long. One more thing... Tanushree has also discovered one stock from this futuristic industry... which she strongly believes has the potential to make one Rs 1 crore or more in the long run. She'll reveal more details about this stock in her 'One Stock Crorepati MEGA Summit' We expect this to a huge event... with more than 10,000 people attending it LIVE. You simply can't miss it. Click Here to Download the Guide & Block Your Seat Now. It's Free. ------------------------------ On a year-to-date basis, Indian equity is down nearly -23.2% (as of April 27, 2020), while gold -- with uncertainty looming around the world -- has exhibited its sheen and demonstrated its trait of safe haven and an effective portfolio diversifier, clocking nearly +5.0% absolute return as of April 27, 2020. Graph 2: YTD Performance of key asset classes Data as of April 27, 2020After the imposition of lockdown to fight COVID-19, the spot market prices were not updated.*Category average returns of Liquid Funds considered(Source: bseindia.com, MCX Gold, PersonalFN Research) The graph above validates the importance of tactical asset allocation. The key lesson here is: all asset classes will not necessarily move in the same direction (up or down) always - over the long-term; some may even move in the opposite direction as what we have seen in the recent past (in the case of equities and gold). As we (the world) continue to fighting COVID-19 and the aftereffects of it are conceivable, a further correction cannot be ruled out and the bottom is unknown. COVID-19 is likely to impact corporate earnings amidst a time when India is already facing slowdown blues. As people are quarantined, demand would remain muted and inflation risk will begin to surface, particularly in food prices. So, although the current levels offer a decent value-buying opportunity, skewing your portfolio completely to equity as an asset class could endanger wealth creation. In such times you, as an investor, need to follow tactical asset allocation while you aim to generate wealth. --- Advertisement --- Corona Crash Alert: 7 Stocks You Absolutely Don't Want to Miss Our Co-Head of Research, Tanushree Banerjee, has identified 7 stocks that could do exceedingly well in the coming years riding on a rare economic event. And with the corona crash, this opportunity has only become even more exciting. And she says those who get into these 7 stocks right now have the chance to make potentially LIFE-CHANGING returns in the long run. So will you be among those who acts on this opportunity now? Or will you be among those who will kick yourself later not taking action now? The choice is yours. Full details on these 7 stocks are included in Tanushree's special report. And by acting fast, you can claim a copy of this report virtually FREE. Click here to find out how you can claim your FREE copy ------------------------------ Tactical Asset Allocation with Quantum Multi Asset Fund of Funds To invest sensibly in the current times, you need a Multi-Asset Fund that invests in mainly three asset classes: equity, debt and gold; and is truly balanced. Among the plethora of Multi-Asset Funds, the Quantum Multi Asset Fund of Funds (QMAFOF) incepted on July 11, 2012, is truly balanced and holds well-diversified portfolio (across the three key asset classes: equity, debt and gold) at all the times -- unlikely many of its peers who swayed by the excess exuberance in equities, lost sense, and eroded investors wealth. Table 1: Asset Allocation of Quantum Multi Asset Fund of Funds Instruments Indicative allocations (% of Total Assets) Risk Profile Minimum Maximum High/Medium/Low Units of Equity Schemes 25% 65% Medium to High Units of Debt / Money Market Schemes 25% 65% Low to Medium Units of Gold Scheme 10% 20% Medium Money Market instruments, Short-term Corporate debt securities, CBLO, Repo / Reverse Repo in government securities and treasury bills only 0% 5% Low (Source: Scheme Information Document) The Scheme predominantly invests in the units of Equity, Debt / Money Markets and Gold schemes of Quantum Mutual Fund. Currently, the following schemes are used to gain exposure to a particular asset class: For equity - Quantum Long Term Equity Value Fund, Quantum Nifty ETF For debt & money market instruments - Quantum Liquid Fund, Quantum Dynamic Bond Fund For Gold - Quantum Gold Fund (ETF) The Units of any other Equity and Debt / Money Markets scheme launched by Quantum Mutual Fund from time to time would be eligible to be part of the above asset allocation components. Although QMAFOF aims to invest predominantly only in the schemes launched by Quantum Mutual Fund, QMAFOF may seek to invest in the units of similar schemes of other mutual fund houses in case of any investment and regulatory constraints that arise that prevent the Scheme from increasing investments in the schemes of Quantum Mutual Fund. The investment objective of Quantum Multi Asset Fund of Funds is, "to generate modest capital appreciation while trying to reduce risk (by diversifying risks across asset classes) from a combined portfolio of equity, debt/money markets and gold schemes of Quantum Mutual Fund" QMAFOF benchmarks it against the Crisil Composite Bond Fund Index (40%) + S&P BSE Sensex Total Return Index (40%) + Domestic price of Gold (20%). Being a fund of fund, this benchmark is most suitable to compare QMAFOF's performance. The unique combination clubs together the relatively risky assets with other stable asset classes in the portfolio. Backed by an astute investment strategy, taking the relative valuations between asset classes into consideration such as Price-to-Earnings relative to historical averages; the relationship between earning yield to bond yield relative to historical averages; and macroeconomic factors prevailing globally and within India, the two fund managers of QMAFOF, namely Mr Chirag Mehta (MMS - Finance, M.Com, and CAIA with over 13 years' experience in research and investments) and Mr Nilesh Shetty (B.Com, MMS -Finance, and CFA with collectively 16 years in equity markets), have generated respectable returns for investors. Table 2: Report card of QMAFOF versus some of its peers Scheme Name AuM (Cr) Returns since Shri Narendra Modi first took oath as Prime Minister of India on May 26, 2014 Returns since the all-time high of the S&P BSE Sensex (From Jan 20, 2020 to April 27, 2020) Absolute Returns Annualized Returns Absolute Returns SBI Multi Asset Allocation Fund 220.63 65.50% 8.90% -4.60% ICICI Prudential Multi-Asset Fund 9022.56 50.50% 7.20% -18.90% Quantum Multi Asset Fund of Funds 16.23 49.70% 7.10% -4.40% Axis Triple Advantage Fund 258.6 46.90% 6.70% -14.30% HDFC Multi-Asset Fund 198.05 36.10% 5.30% -14.00% UTI Multi Asset Fund 564.1 28.40% 4.30% -12.00% Data as of April 27, 2020Direct Plan considered and the peer list is not exhaustive(Source: moneycontrol.com) Even as the equity market is panting for breath attributable to COVID-19 and volatility has intensified, QMAFOF due to its sensible asset allocation to equity, debt and gold through its underlying portfolio, has fared relatively better than some of the peers. ICICI Prudential Multi-Asset Fund, Axis Triple Advantage Fund, HDFC Multi-Asset Fund, and UTI Multi-Asset Fund, on the other hand, have all eroded investors wealth posting double-digit negative returns (see Table 2) in this downturn. Some of these schemes have fared well during upswings by keeping to the allocation to equities high, but on the downside, they have not managed the risk very sensibly. Investors, as a result, have experienced a roller-coaster ride in the journey of wealth creation. A multi-asset fund, ideally, is expected to be truly balanced and sensibly allocate its assets whereby the downside risk of one asset class is compensated by the positive returns of the other asset classes. Here are five good reasons to invest in Quantum Multi Asset Fund of Funds You gain from a diversified portfolio across asset class which, in turn, reduces risk and optimizes returns. You do not have to worry about portfolio rebalancing; the fund manager will astutely do it for you at regular intervals in the endeavour to achieve the set-out investment objective of the fund. Portfolio tracking will be easy for you instead of tracking 10 different schemes You will benefit from the lowest expense ratio in the category And above all, Quantum Mutual Fund's strong research capabilities across various asset markets - equity, debt and gold, -- with robust investment processes & systems followed at the fund house. Suitability of Quantum Multi Asset Fund of Funds QMAFOF is a perfect fund for investors looking to tactically diversify the portfolio with a single fund across equity, debt and gold, plus leave the aspect of rebalancing to the discretion and expertise of the fund manager. Furthermore, the fund is appropriate for investors seeking long term capital appreciation, who have a moderately high-risk appetite, and an investment time horizon of 3 to 5 years. It is the best time to invest in the Quantum Multi Asset Fund of Funds. Valuation-wise, Indian equities look attractive and there appears to be a decent margin of safety (with a high return potential if the equity markets ascend). Similarly, given the uncertainty surrounding the world, gold is expected to display its lustre. The economic uncertainty surrounded by the COVID-19, GDP growth rates being revised downwards, easy monetary policy action and stance followed by central bank across the world, geopolitical tensions, trade tension, and increased stock market volatility are likely to keep spotlights on gold. Likewise, with credit risk getting amplified, it makes sense to have exposure to a pure Liquid Fund (that does not take exposure to Commercial Papers issued by private entities). Now that policy rates are already lowered by RBI to address growth concerns, it does not make much sense to take exposure to the longer end of the yield curve; it could prove less rewarding and risky (may encounter high volatility) in the foreseeable future. Deploying your hard-earned money is short-end of the maturity curve, would be far better. By investing in Quantum Multi Asset Fund of Funds, you will be able to balance the risk better with a sensible investment strategy in place. Just as an excess drug dosage cannot treat COVID-19, your investment portfolio, too, needs just a fair amount of diversification to clock optimal risk-adjusted returns in the journey of wealth creation. Go ahead and consider investing in Quantum Multi Asset Fund of Funds. Happy Investing! Join Now: PersonalFN is now on Telegram. Join FREE Today to get 'Daily Wealth Letter' and Exclusive Updates on Mutual Funds Author: Rounaq Neroy This article first appeared on PersonalFN here.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. Full Article
cr Roger Federer proposes ATP-WTA merger amid COVID-19 crisis By www.mid-day.com Published On :: 23 Apr 2020 06:32:52 GMT 20-time Grand Slam champion Roger Federer came up with a radical proposal regarding the future of international tennis. The Swiss superstar suggested a merger between men's tennis body ATP and women's governing body WTA. Federer believes this could be the right time for a merger between ATP and WTA for the betterment of the sport. The former World No.1 also explained that he isn't asking for competitions being merged but only the governing bodies. "Am I the only one thinking that now is the time for men's and women's tennis to be united and come together as one?" Federer wrote on his Twitter handle. "I am not talking about merging competition on the court, but merging the two governing bodies (ATP and WTA) that oversee the men's and women's professional tours." "It's too confusing for the fans when there are different ranking systems, different logos, different websites, different tournament categories," he wrote further. The entire sporting calender of the world is reeling due to Covid-19 pandemic and tennis is not different. The season has been put on hold with multiple tournaments being postponed or cancelled. The second slam of the year, French Open, has been postponed from May to September while the Wimbledon was cancelled earlier this month in the wake of coronavirus crisis. Wimbledon had only been cancelled twice before, because of World War 1 and World War 2. Catch up on all the latest sports news and updates here. Also download the new mid-day Android and iOS apps to get latest updates. Mid-Day is now on Telegram. Click here to join our channel (@middayinfomedialtd) and stay updated with the latest news This story has been sourced from a third party syndicated feed, agencies. Mid-day accepts no responsibility or liability for its dependability, trustworthiness, reliability and data of the text. Mid-day management/mid-day.com reserves the sole right to alter, delete or remove (without notice) the content in its absolute discretion for any reason whatsoever Full Article
cr Tennis ace Kirsten Flipkens fined Rs 20,600 for cycling across border By www.mid-day.com Published On :: 29 Apr 2020 02:49:18 GMT Belgian tennis player Kirsten Flipkens was fined by police during a cycle ride recently. World No. 77 Kirsten unknowingly rode across the border, entering the Netherlands and paid the price for the violation. According to Dutch newspaper Het Laatste Nieuws, Kirsten had to pay the border police a fine of 250 euros. "I had entered a route of 130km in my GPS [the system picks the route automatically] and then I saw that I found myself in The Netherlands [in Komoot] as it entered the shortest route back to Belgium. I saw them [police] from a distance of one kilometre and then immediately I was put aside like a criminal with sirens on the side. Really bad," a frustrated Kirsten wrote on Twitter, adding that another cyclist passing by told her, that he had received only a warning at the same crossing. Catch up on all the latest sports news and updates here. Also download the new mid-day Android and iOS apps to get latest updates. Mid-Day is now on Telegram. Click here to join our channel (@middayinfomedialtd) and stay updated with the latest news Full Article
cr Here's how Rafael Nadal is staying positive amid COVID-19 crisis By www.mid-day.com Published On :: 9 May 2020 07:01:50 GMT Spain's tennis ace Rafael Nadal, who is in self-isolation due to the COVID-19 pandemic, is trying to remain positive but is getting affected by the suffering of the people around him. "I am a sentimental person, who is affected by things, and to see so many people suffering so much, so many people who have lost family their members without being able to even say goodbye...," the World No. 2 was quoted as saying by Tennis World USA. The 19-time Grand Slam champion urged his fans to keep moving forward. "In the end, being able to give your brother or sister a hug will relieve some pain, and imagine that they have not been able to do it. You have to be positive and keep moving forward. There is no other choice. I am a super lucky guy." 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. Mid-Day is now on Telegram. Click here to join our channel (@middayinfomedialtd) and stay updated with the latest news Full Article
cr Two Mumbai musicians talk about their craft while enjoying Asian feast By www.mid-day.com Published On :: 27 Sep 2017 03:09:45 GMT Arijit Datta hobbles into The Fatty Bao with a twisted ankle. Sidd Coutto bustles in 10 minutes later. The former's a music composer who's moved away from bands like Agni and Airport towards film and advertising, while the latter is probably the busiest musician in the city's indie circles. They first dive into starters — Crystal Dumpling, Spicy Mushroom Sushi Roll, Dancing Prawns and California Rolls — and then into conversation about their craft. Sen: How do you switch seamlessly from making indie music to more commercial projects?Datta: It's not a switch really. I think that for me and for Sidd also, wherever there is a mode of expression, we just go there and do our thing.Coutto: Yeah, true. For commercial concerts, you just go up there and rock 'n' roll, dude. It's just a two-hour gig, where you're hanging with your buddies on stage and partying away.Datta: It would be different when it comes to writing songs, which we both do, because if you have to mould yourself according to the audience, that's what you might call a switch. Sidd Coutto (left) and Arijit Datta share a laugh at The Fatty Bao in Bandra. Pics/Pradeep Dhivar Sen (to Datta): So when you were composing for the movie Filmistaan, did you have to keep the audience in mind?Coutto (answering for both): See, performing is one thing and composing is another. When you're writing for films, you have to be clear that it's the director's baby. You are facilitating his vision. Yes, it's your baby at one level, but you're not both the mummy and the daddy.Datta: The good part about Filmistaan was that the director let me interpret the film my own way. So I never had to break away from my own self, because the music came naturally to me. Plus, the movie had no market pressure as such, so I didn't really have a brief.Coutto: ...Which by the way isn't the norm, so [singing to the tune of a Daft Punk Song] you got lucky.Datta: Yeah, and for me, I think very cinematically. Even with my band's songs, if I just change the arrangements a bit, they can be in a film.Coutto: Also, when most people come to you for work now, they come for what you make. It's not like the old days when it was like, 'Aisa banaa aur waisa banaa.' So you don't have to switch so much, since they want you for you.Datta: I think there are newer minds. There are newer storytellers with a different language altogether, who go in search of newer sounds, voices and composers. Sen: So it's not the era of Jatin-Lalit and Anand-Milind anymore?Datta: No. But they also had their own sound. At that time, Jatin-Lalit were the kings, ya. Of course, they didn't move with the times.Coutto: Or, the times moved away from them. But they did try. Infact, [Anand-Milind's] Qayamat Se Qayamat Tak is my favourite Hindi film album of all time. Datta: Yeah, it's my favourite too. It was a complete album. Even the least-remembered song [sings a bar from Kaahe Sataye], even that I remember! So yeah, they did their time; they brought in their sound and gave us memorable tunes. But then our tastes started changing. MTV, Channel V and VH1 came in, and the world suddenly became bigger. The mains, Asparagus Bacon Fried Rice and Exotic Mushroom Ramen, arrive. This is followed by moments of silence interspersed with appreciative sounds such as 'mmmm'.Sen: What are some of your favourite places to eat at in Mumbai?Coutto: Over the past couple of years, I've discovered that Social actually has awesome food. They have a vast variety of things, with small dishes included. Did you know that they have something on the menu called Staff Khaana? It's exactly what their staff eats and it's great, dude. But I don't end up ordering it as much because there are so many more things I like. But they have removed bheja from the menu, and I love bheja.Datta: I can never have bheja, man.Sen: So if you go to Bangkok you're never going to try cockroaches and locusts?Datta: Never. I can't go in that direction. I know that people are adventurous with their food and everything. But I can't do that.Coutto: For me, when it comes to food, I let my nose guide the way. Otherwise, I have no restrictions.Datta: I love going to this place called National. It's a dhaba that a Sardar owns and it's been running since 1952, near Bandra Talao. It serves pure food, you know, the sort with less oil — makki roti with butter on top, rajma, bhindi — and you can even have their water and nothing will happen to you. Coutto [Putting his fork down and rubbing his tummy]: Yeah, I'll go there with you sometime. But right now, I think I'll go home and play some slow blues songs.Quick takes Full Article
cr Mumbai cyclist to journey across India to promote the cause of veganism By www.mid-day.com Published On :: 28 Oct 2017 03:34:02 GMT An article he had read a little over two years ago changed Rohit Ingle's life forever. It espoused the cause of veganism so persuasively that Ingle says he was convinced overnight to give up eating meat. "I can't remember where I read the article," he confesses. "But it had a very simple line - if you are an animal lover, you can't eat them. If you love someone, how can you be the cause of their misery?" he adds. Rohit Ingle while flagging off his journey from Ahimsa Fest this week. Pics/Sneha Kharabe That message is what he now hopes to spread across the country, riding a cycle. Ingle embarked on his epic journey - and it can only be described as that - from Bandra on Thursday, a week ahead of World Vegan Day on November 1. The plan is to cover 19,000 km over one year, stopping not just at different state capitals, but especially in the hinterland. "Hardly anyone in India knows about veganism," he says, adding, "I'll pitch my tent at places like highway dhabas. There, I can interact with the customers and tell them more about what I am doing, hopefully inspiring some of them [to take up veganism] in the process." Does he feel any apprehension? "Yes, I am nervous, I won't lie about that. But I am motivated by my cause. There are also people who will be there to welcome me at Ahmedabad and Surat initially, and that will hopefully give me further encouragement. So, as the journey goes by, I am sure this feeling will go away." But, Ingle adds, he's not quite sure about how he will sustain himself financially to get through an entire year. "I have raised `60,000 [of his `3.5-lakh target] through crowdfunding. I have also received money from The Pollination Project, an organisation based in the US that has sponsored me for $1,000. So, I have around `1.3 lakh and can easily start my journey for at least three to four months." After that, he hopes to keep going till November 2018, inspiring as many people as possible along the way. "See, the message is very simple - if you want to eat meat or wear animal products, an animal that doesn't want to die is definitely going to be killed. So, you have to keep that in mind." Full Article
cr Female biker Leslie Porterfield relives worst crash, records ahead of India trip By www.mid-day.com Published On :: 11 Nov 2017 03:06:03 GMT Ahead of her first trip to India, biker Leslie Porterfield, the world's fastest woman on two wheels, relives her record, worst crash and the growing number of Indian women on the riding circuit At 16, Texas-based Leslie Porterfield bought a Yamaha Virago 1000, her first motorcycle, as an inexpensive mode of transport. It arrived in a box, and most people told her she wouldn't be able to get it running. However, she bought a manual, sought the advice of local mechanics, and put it together. Leslie Porterfield In fact, Porterfield loved riding it so much that just a year later, she went on to buy a sports bike (Honda CBR600). This was in the early '90s. "That's when my interest in racing began," recalls the 41-year-old mother of twins. She holds the Guinness World Record for being the fastest woman in the world on a motorcycle, which she set in 2008 with a speed of 232.522mph at Bonneville Salt Flats in Utah, USA. On November 24 and 25, Porterfield will be in Goa for the fifth edition of India Bike Week, a fest that will witness a gathering of over 20,000 bikers to celebrate all things riding. Here, she will host a motorcycle stand and present awards for various achievements. Excerpts from an email interview: Tell us about your most interesting motorcycle journeys.Motorcycles gave me a sense of freedom and connection with nature while riding. One of my favourite trips was to the Baja 1000 (off-road race in Mexico's Baja California Peninsula) in 2005. I was on a dirt bike for the first time, and realised how difficult the race is. I went through 20 miles of deep sand whoops and fell 20 times. I have never been so sore. Another one is from the time I was 17, when I rode for 1,500 miles from Dallas to Los Angeles. On my way back, I was tired. I was riding at about 120mph. Unfortunately, I passed a police car and didn't see it. They set up a roadblock on the highway. When I stopped, I realised there were four police cars behind me. They were mad after chasing me for so long. I was lucky; the officer let me go without a citation. This prompted me to hit the racetrack. What challenges have you faced in your racing career?During my first year [2007] in Land Speed Racing [at Bonneville Salt Flats, Utah], the salt was in poor condition - wet, sludgy and hard to get traction. My bike got into a speed wobble at over 200mph. I tried to save it, but ended up coming off the bike at over 100mph. It was the worst wreck I've been in. I was unconscious, with seven broken ribs and a punctured lung. Fortunately, I recovered and made a point of testing different set-ups for the bike. I didn't push myself to make runs when conditions were bad. Racing comes with risks, which I try to minimise. How did you crack the world record in Utah in 2008?I had to make an effort to not think about what could go wrong, and put the accident out of my mind. I focused solely on what I needed to do to achieve my record. To set a land speed record, you have to make two runs — one in each direction - holding your top speed for a mile. My bike's engine was hot and as I entered the measured mile at full throttle, it started to sound rough. By the end, I had set the record but blown my engine, and there was oil everywhere! What's your take on Indian motorcycle culture?It's fascinating. The selection of motorcycles is vast, and I love that more women in India are riding motorcycles now. When I started in the '90s, men dominated the speed and racing scene; it was difficult for women to break into it. Is Mumbai part of your itinerary?I hope to see it during my visit. It is such a diverse city with much history. I've wanted to visit India for some time. I can't wait to experience its architecture, art, culture and beauty. I love Indian food, but have tried it only in America. What kind of bikes do you ride now?I have a Honda CBR1000, and several classic bikes from the '60s. I enjoy restoring old bikes. They aren't very fast, but they are a lot of fun. Tips>> Invest in proper motorcycle gear.>> Never quit learning. Take up rider courses. Even if you have no desire to race, a day on the track with guidance will make you a better and safer rider. Full Article
cr The creator of 'The Awkward Yeti' was inspired by Calvin and Hobbes By www.mid-day.com Published On :: 11 Nov 2017 09:15:16 GMT Nick Seluk, the American artist behind the popular The Awkward Yeti comics, on his ingenious organ characters and more What made you pick a blue yeti as the central character?I imagine the blue yeti [Lars] as a misfit among the attractive, extroverted white yetis. He looks, acts and thinks differently than the average yeti, and for that reason, feels disconnected. To me, it was a funny way of exaggerating my own awkwardness and introversion. Nick Seluk What is the key to creating intelligent comics for kids?The key is that I don't make them for kids. I make them for adults, but I simplify the information to the extent that people of all ages can enjoy them. Why did you decide to study psychology?I have been very introspective, and psychology was an interesting way to learn about myself and others, like how we differ and relate. Much of what I learned reinforced what I already knew through observation, and gave me the confidence to use those concepts (albeit abstractly) later on in comics. Pic courtesy/theawkwardyeti.com If turned into a film, who do you think should voice Lars?There are so many great options. I imagine a sort of deep, awkward voice for Lars, perhaps a John C Reilly or Brian Posehn. What's your favourite organ character?I love Heart because it represents my desire to be myself, be weird and try new things (not always successfully). My favourite character to write for is Tongue, because the character takes impulse to a new level. A new organ character that you would want to introduce?Most organs have made an appearance at some point, but the one I still want to make into a character is the mesentery, because it's sort of a bizarre grotesque shape that would be fun. I don't know if it would make regular appearances, but I hope it will show up some day. Do you run your comics by your family for critique?I used to do that a lot, but now I usually post the comic on Twitter first. It's my smallest social media audience, so I kind of use it to test it out. If it does well enough, I share it with my larger audiences on Instagram and Facebook. Which artists inspire you?I grew up reading and gaining great inspiration from Calvin and Hobbes, The Far Side, and The Simpsons. In the past few years, I have found a lot of inspiration from artists whom I meet while travelling. Are you familiar with the works of Indian artists?I am not, but I'm excited to be at Mumbai Comic Con because what better way could there be to start learning about them? On: November 11 and 12 (11 am to 8 pm), Seluk's special session on 12, 4.30 pmAt: Bombay Exhibition Centre, Goregaon EastLog on to : comicconmumbai.comEntry: Rs 499 (day pass) Full Article
cr Actor, ex-cricketer Saqib Saleem wants underprivileged children to learn cricket By www.mid-day.com Published On :: 21 Jan 2018 13:31:49 GMT 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. Full Article
cr Does eating fish during pregnancy increase autism risk? By www.mid-day.com Published On :: 22 May 2018 10:55:11 GMT Turns out, autism is not linked to consuming fish in pregnancy. Scientists at the University of Bristol looked at the assumption that mercury exposure during pregnancy is a major cause of autism using evidence from nearly 4500 women who took part in the Children of the 90s study. Using analysis of blood samples, reported fish consumption and information on autism and autistic traits from one of the largest longitudinal studies to date, researchers found no links between levels of mercury in the mothers and autism or autistic traits in their children. The only adverse effect of mercury found was poor social cognition if mothers ate no fish at all, especially for girls. Lead author Jean Golding commented, "Our findings further endorse the safety of eating fish during pregnancy. Importantly we've found no evidence at all to support claims that mercury is involved in the development of autism or autistic traits. "This adds to a body of work that endorses the eating of fish during pregnancy for a good nutritional start to life with at least two fish meals a week." Dr Caroline Taylor said, "All species of fish contain traces of mercury, which can harm brain development, but we've found that the health benefits of fish, probably from nutrients such as vitamin D, omega-3 fatty acids, selenium and iodine, outweigh the risks from mercury.¿ "The advice on eating fish when pregnant is complicated and overwhelming. There is now a body of evidence to support a simpler and clearer approach that maximises the health benefits of fish.¿ The study appears in the journal Molecular Autism. Catch up on all the latest Mumbai news, crime news, current affairs, and also a complete guide on Mumbai from food to things to do and events across the city here. Also download the new mid-day Android and iOS apps to get latest updates 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 Full Article
cr Gestational diabetes may increase risk of kidney damage By www.mid-day.com Published On :: 22 May 2018 11:21:01 GMT Gestational diabetes -- high blood sugar condition during pregnancy -- may cause early-stage kidney damage that can later lead to chronic kidney diseases among women, reported a study. The study showed that women with gestational diabetes were more likely to have a high glomerular filtration rate (GFR) -- an estimate of how much blood per minute passes through the glomeruli, the tiny filters within kidneys that extract waste from the blood. Women with gestational diabetes had more than triple the risk of an elevated GFR, which may precede the early kidney damage that accompanies pre-diabetes -- a condition with higher blood sugar levels but not high enough to be classified as diabetes. "Our findings suggest that women who have had gestational diabetes may benefit from periodic checkups to detect early-stage kidney damage and receive subsequent treatment," said Cuilin Zhang from National Institutes of Health's Eunice Kennedy Shriver National Institute of Child Health and Human Development (NICHD) in Maryland, US. The study, published in the journal Diabetes Care, included data from 601 Danish women having gestational diabetes and 613 non-diabetic women. The results showed that women who had gestational diabetes and later developed diabetes were approximately nine times more likely to have an elevated GFR later in life, compared to women who did not have gestational diabetes. They were also likely to have an elevated urinary albumin to creatinine ratio (UACR), which is an indicator of kidney disease. The study could not prove that gestational diabetes causes kidney damage, and the authors noted that more research is needed to confirm their findings. Catch up on all the latest Mumbai news, crime news, current affairs, and also a complete guide on Mumbai from food to things to do and events across the city here. Also download the new mid-day Android and iOS apps to get latest updates 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 Full Article
cr Microsoft showcase AI bot that makes phone calls to humans By www.mid-day.com Published On :: 24 May 2018 00:57:41 GMT Representational Image While Google Duplex, which lets AI mimic a human voice to make appointments and book tables through phone calls, has mesmerised people with its capabilities and attracted flak on ethical grounds at the same time, Microsoft has showcased a similar technology it has been testing in China. At an AI event in London on Tuesday, Microsoft CEO Satya Nadella revealed that the company's Xiaoice social chatbot has 500 million "friends" and more than 16 channels for Chinese users to interact with it through WeChat and other popular messaging services. "Microsoft has turned Xiaoice, which is Chinese for 'little Bing', into a friendly bot that has convinced some of its users that the bot is a friend or a human being. Xiaoice has her own TV show, it writes poetry and it does many interesting things," The Verge quoted Nadella as saying. Xiaoice interacts in text conversations but now the company has started allowing the chat bot to call people on their phones. The bot does not work exactly like Google Duplex, which uses the Assistant to make calls on a user's behalf but it holds a phone conversation with the user. "One of the things we started doing earlier this year is having full duplex conversations. So now Xiaoice can be conversing with you in WeChat and stop and call you. Then you can just talk to it using voice," Nadella was quoted as saying. Humans will be humans and the latest victim of humankind was Microsoft. Two years ago, Microsoft launched an artificial intelligence (AI)-powered bot on Twitter, named Tay, for a playful chat with people, only to silence it within 24 hours as users started sharing racist and offensive comments with the bot. Launched as an experiment in "conversational understanding" and to engage people through "casual and playful conversation", Tay was soon bombarded with racial comments and the innocent bot repeated those comments back with her commentary to users. Some of the tweets had Tay referring to Hitler, denying the Holocaust, and supporting Donald Trump's immigration plans, among others. Later, a Microsoft spokesperson confirmed to TechCrunch that the company is taking Tay off Twitter as people were posting abusive comments to her. Catch up on all the latest Crime, National, International and Hatke news here. Also download the new mid-day Android and iOS apps to get latest updates 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. Full Article
cr Issue with Subscription (EM Reserve) (krishnaati) By feeds.equitymaster.com Published On :: Wed, 07 Jun 2017 05:23:25 GMT Hi, I have subscribed to EM Reserve and have paid for annual maintenance fee in Mar 2017. Now, my subscription is suspended and am asked to pay annual maintenance fee for Wealth Alliance. My understanding is that Reserve includes WA services as well. Is t.. Full Article
cr Smart money secrets (sethu9) By feeds.equitymaster.com Published On :: Mon, 12 Jun 2017 12:30:02 GMT They insist for standing instruction facility for debiting annually.How safe is this ? Normally we are advised by bankers to authorize every time and giving this sort of standing instruction ...will it not amount to a blank cheque?.. Full Article
cr cryptocurrency (pdd193) By feeds.equitymaster.com Published On :: Wed, 28 Jun 2017 02:48:59 GMT How one can buy cryptocurrency? What is its legal status in India ?.. Full Article
cr microcap millionaires (EM Club) By feeds.equitymaster.com Published On :: Wed, 28 Jun 2017 09:10:07 GMT I have subscribed for 30 days trial @ Rs.99; I am unable to get the recommendations in my logged in page.Please advise.Ramachandran S.. Full Article
cr Issue with Subscription (EM Reserve) (krishnaati) By feeds.equitymaster.com Published On :: Thu, 29 Jun 2017 05:03:45 GMT Hi, I have subscribed to EM Reserve and have paid for annual maintenance fee in Mar 2017. Now, my subscription is suspended and am asked to pay annual maintenance fee for Wealth Alliance. My understanding is that Reserve includes WA services as well. Is t.. Full Article
cr Subscription (MOHIDEEN57) By feeds.equitymaster.com Published On :: Tue, 11 Jul 2017 13:47:35 GMT I subscribed for SMART MONEY SECRET for one year. I was told one year+six month free. But in my subscriptoin page it shows for 12 months. WHY?.. Full Article
cr Today's Stock Market Crash: 10 Points By feeds.equitymaster.com Published On :: Fri, 6 Mar 2020 00:00:00 GMT Posted by Equitymaster Indian stock markets collapsed in early trade today...and while there was some recovery towards the end, we still ended deep in the red. Here are 10 points to note... The Sensex nosedived as much as 1,460 points in the first few minutes of trade. The Nifty dropped to a low of 10,827, down 442 points intra-day. The markets however trimmed some of the losses during the course of the day. There was a selloff across sectors along with panic selling in the smaller indices too. The BSE Midcap and BSE Smallcap indices ended down 3.4% and 2.9% respectively. The Reserve Bank of India's (RBI) decision to put Yes Bank under moratorium led to the biggest ever fall in share price of the private lender. Shares of Yes Bank fell as much as 85% to Rs 5.6 before recovering towards the end of the day to end at Rs 16.2, down 56%. The banking regulator has also put a cap on withdrawal at Rs 50,000 for Yes Bank customers. The RBI took over from the board of the Yes Bank for 30 days, saying it would work on a revival plan. RBI's move had a ripple effect on other banking stocks, with some falling very sharply to begin with. Shares of RBL Bank fell as much as 15%, while IndusInd Bank and State Bank of India (SBI) dropped 7-8%. The coronavirus cases outside of China have been increasing rapidly, making inroads into US, Europe and Middle East, which made investors more worried about global growth going ahead. And more recently, India too. Today, the number of cases breached the 100,000 mark. South Korea, Italy and Iran reported highest infected cases outside of China, while cases are increasing in United States and other parts of Europe as well. Note that market participants are seen taking a flight to safety as stock markets see a sharp fall post the coronavirus impact. Overnight the US indices had recorded sharp losses. This was yet another negative cue awaiting Indian markets on open today. The Dow Jones Industrial Average fell 3.6%, while the S&P 500 lost 3.4%. The Nasdaq Composite dropped 3.1%. During the day, as the Asian markets opened, there was further negative news... Japan's Nikkei fell more than 3%, while Hong Kong's Hang Seng, Australia's ASX 200 and South Korea's Kospi dropped over 2%. Foreign investors (FIIs) are on a selling spree. Reportedly, in the last 14 sessions, FIIs have withdrawn a net Rs 183.4 billion from Indian markets. That's a lot of money...a lot more than the domestic mutual funds have been able to pump in. The intense selling pressure from the FIIs could only have contributed to this sell off. The Indian rupee today slid past 74 levels against the US dollar, increasing the risk-off sentiment. The rupee today traded in a range of 73.69 to 74.08 against the US dollar as compared to the previous close of 73.31. A falling currency is not great news at all. Even as there was negative news all around, hope emerged from oil. Oil slid on Friday as worries about demand for fuel being reduced by the global coronavirus outbreak were heightened. The fact that there was concern over non-OPEC (Organization of the Petroleum Exporting Countries) crude producers not yet having agreed to cut output further to support prices helped in the sell off. With today's fall the Index has lost 9% since the start of 2020. While the day ended deep in the red, some stocks stood out. Bajaj Auto, Maruti Suzuki and Asian Paints were among the few gainers. This article (Today's Stock Market Crash: 10 Points) is authored by Equitymaster.Equitymaster is a leading 'independent' equity research initiative focused on providing well-researched and unbiased opinions on stocks listed on the Bombay Stock Exchange. Full Article
cr All About the 30% Crash in Crude Oil - 10 Points By feeds.equitymaster.com Published On :: Wed, 11 Mar 2020 00:00:00 GMT Posted by Equitymaster Crude oil prices crashed more than 30% on Monday. In fact, this was the worst price dip since the 1991 Gulf War as Brent prices plunged to US$ 31 per barrel. Here are 10 key things you need to know about the economics of falling crude oil prices: Oil prices have collapsed thrice because of demand destruction: in 1979, 2008, and 2014. 1979: The trigger for oil price increase was the Iranian Revolution and the Iran-Iraq war. Due to this, oil prices rose from US$ 50/barrel to above US$ 100/barrel between January 1979 and April 1981. Then, new production from the North Sea, Mexico, Alaska, and Siberia flooded the market. By March 1986, prices had fallen to US$ 27/barrel. 2008: Oil touched US$ 150/barrel and was quickly followed by the financial crisis and recession which led to crash in crude oil prices as well. 2011-2014: Oil was above of US$ 100/barrel, several years of triple-digit oil prices led to a near doubling of shale production in the US, a volume that helped trigger the crash in 2014. 2016: Saudi Arabia and Russia came together to form the so-called OPEC+ alliance after oil prices plunged to US$ 30 a barrel. Since then, the two leading exporters have orchestrated supply cuts of 2.1 million barrels per day. 2019: Prices went on to witness huge volatility in 2019 amid declines in US inventories and rising geopolitical tensions in the Middle East and the world's two biggest oil consumers - United States and China. July 2019: The OPEC and allies sat to discuss whether to extend a deal on cutting 1.2 million barrels per day of oil production. Owing to the above geopolitical tensions, weaker demand outlook, and oversupplied market, the OPEC and allies rolled over their production cuts into March 2020. Volatility intensified further in July after US oil producers in the Gulf of Mexico cut more than half their output in the face of a tropical storm and as tensions continued in the Middle East. March 2020: Saudi Arabia wants to increase the cuts to 3.6 million barrels per day through 2020 to check the weaker consumption. However, Russian President Vladimir Putin, refused to go along with the plan and his energy minister, Alexander Novak signaled a fierce battle to come for market share when he said countries could produce as much as they please from April 1. 9th March 2020: Crude oil prices fell 31% on Monday after Saudi Arabia launched an oil price war with Russia. Saudi Arabia slashed prices and said it is preparing for a big increase in crude oil production in April. Prices were cut by US$ 4-6 a barrel to Asia and US$ 7 to the United States for April delivery. Saudi Arabia reportedly prepares to increase its crude production above 10 million barrels per day (bpd) in April, after the current deal to curb production expires at the end of March. A major reason for these production cuts is also to arrest the swooning oil prices owing to the novel Coronavirus outbreak. Worse than the Previous Crashes: The current situation is more worse than the November 2014 crash, when such a price war was started, as it comes to a head with the significant collapse in oil demand due to the Coronavirus outbreak. It also reflects the deep underlying concern of a lack of consensus among the OPEC nations regarding production cuts. Impact on Indian Economy: The drop in crude oil price bodes well for India as it imports more than 80% of its oil requirements, with nearly 60% of them imported from the Middle East. Since oil imports form a large chunk of India's imports, it contributes to the country's trade deficit and a fall in prices will trim this deficit. Savings on oil imports could also arrest rising inflation and facilitate the next round of rate cuts by the Reserve Bank of India (RBI). Industries to Benefit: On an industrial level, the price cut will have a beneficial impact on companies from synthetic fibre producers, tyre, paints, lubricants, plastic, and FMCG sectors that depend on crude oil as their primary raw material. On the consumer level, there could be a fall in retail prices of gasoline and diesel over the next few weeks as oil companies cut retail prices to pass on the decline in crude oil prices. Going ahead, market participants are expecting crude oil prices to remain low until OPEC+ resets oil production again. Vijay Bhambwani, editor of Weekly Cash Alerts at Equitymaster, states that at this point in time, short selling natural gas & crude oil at significantly higher levels for the coming summer are high conviction trades. To know more about his view and positions, you can check out his recent article here: Energy Markets Get Muddy (requires subscription). He's also shared his views on the ongoing "coronavirus" situation where he talks what's around the corner for crude oil, and how one should position oneself for potential gains. You can check this special podcast episode from Investor Hour here: Well, then...these are some major highlights crude oil markets witnessed in the past and present and how they have been impacting crude oil prices.This article (All About the 30% Crash in Crude Oil - 10 Points) is authored by Equitymaster.Equitymaster is a leading 'independent' equity research initiative focused on providing well-researched and unbiased opinions on stocks listed on the Bombay Stock Exchange. Full Article
cr How Corona Crash Hit Indian Financial Markets in March 2020 - 6 Charts By feeds.equitymaster.com Published On :: Thu, 2 Apr 2020 00:00:00 GMT Posted by Equitymaster Stock markets around the world witnessed one of the most painful correction phases in the month of March 2020. Indian stock markets too mirrored the trend. Here are six charts showing how Indian financial markets performed in March 2020. Record Wealth Destruction In the month of March 2020, the Sensex fell as much as 23%. It is not the month where the market has fallen the most. That honor goes to October 2008 where markets tanked 23.9%, beating the 23.1% the market lost last month by a whisker. However, March 2020 wins hands down in wealth destruction. Wealth destruction of Rs 4.4 lakh crores back in 2008 pales in comparison to the Rs 14.6 lakh crores worth of wealth destroyed on the Sensex in the last month alone. March 2020 the Second Worst Month in History Huge Selling Pressure for Individual Stocks Except two, all the stocks in the BSE Sensex plunged in March 2020. The decline was mainly led by banking stocks and financial stocks. Stocks such as IndusInd Bank, Bajaj Finance, and Axis Bank fell as much as 40%-70%. Top BSE Gainers and Losers in March 2020 All Sectors in a Sea of Red Among sectors, all the BSE indices gave negative returns in March 2020. BSE Realty, BSE Bankex, BSE Finance, and BSE Auto Index fell more than 30%. It was a double whammy for banking and finance stocks that witnessed most of the brunt on the back of coronavirus outbreak and Yes bank crisis. Worst Hit Sectors in March 2020 Crude Oil Slumps Over 50% Crude oil crashed over 50% in March 2020. The fall was seen because of oversupply amid subdued demand. Oil prices crashed last month in what was the worst price dip since the 1991 Gulf War with Brent prices plunging to US$ 31 per barrel. Oil markets faced a double whammy from the coronavirus outbreak and a price war between Saudi Arabia and Russia after OPEC and other producers failed to agree on deeper cuts to support oil prices in early March. Shares of oil marketing companies such as Hindustan Petroleum Corporation (HPCL), Bharat Petroleum Corporation (BPCL), GAIL, ONGC, Indian Oil Corporation (IOC) and Indraprastha Gas were in focus in March amid record low crude oil prices. They witnessed buying interest and capped most losses led by the stock market crash. In his latest video, Ajit Dayal shares his views on the impact of the coronavirus crisis and the oil price war on the Indian economy and the stock market. You can view the same here. Crude Oil Continues Free Fall Gold Prices Shine Base metals also remained under pressure as lockdown imposed in several parts of the world curbed demand, pushing stockpiles higher. However, gold prices rose 3% in March 2020 as demand for the safe haven asset rose with market participants bracing prolonged uncertainty in the wake of the novel coronavirus outbreak. To know more about gold, you can check one of Vijay Bhambwani's recent articles here: Is the Price of Gold About to Go Higher? Gold Witnesses Buying Rupee Hits Record Low in March 2020 Massive sell-off in equities and bonds led to a huge fall in rupee against the dollar in the month of March. The rupee hit a record low of 76.32 against dollar earlier this week. Most of the selling pressure for rupee was seen on the back of slump in equities and currencies globally. Investors were concerned that support measures from governments and central banks may be insufficient to halt the economic damage caused by the coronavirus pandemic. Rupee Continues Downtrend So, that was a round-up on how Indian financial markets performed in the month of March 2020. At times like these, while we must do everything we can to guard against the coronavirus, we must not ignore our money. 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... 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! From the comfort of your home, you can learn the basics of fundamental investing with Equitymaster Secrets and the ins and outs of making money using derivatives with Derivantage. Get started right away. Happy Investing!This article (How Corona Crash Hit Indian Financial Markets in March 2020 - 6 Charts) 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. Full Article
cr Indian Banking Sector Amid the Corona Crash - 10 Points to Know By feeds.equitymaster.com Published On :: Mon, 6 Apr 2020 00:00:00 GMT Posted by Equitymaster 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... 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. 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. 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. 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. 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. 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. 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. 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. 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. 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! From the comfort of your home, you can learn the basics of fundamental investing with Equitymaster Secrets and the ins and outs of making money using derivatives with Derivantage. Get started right away. Happy Investing!This article (Indian Banking Sector Amid the Corona Crash - 10 Points to Know) 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. Full Article
cr Dale Steyn reveals his favourite bowling spells in cricket By www.mid-day.com Published On :: 13 Apr 2020 06:44:17 GMT South Africa pacer Dale Steyn has revealed his favourite bowling spells. Steyn was doing an #AskDale session on Twitter and a fan asked him about his best spells in international cricket. The Proteas pacer replied: Nagpur (7 against India) and Wanderers (6 against Pakistan). Steyn picked up a seven-wicket haul against India at Nagpur in 2010 in the first Test of the two-match series. His exploits helped South Africa defeat India by an innings and 6 runs. Steyn achieved the feat in the first innings after Proteas put up a mammoth score of 558/6. Steyn picked up the wickets of Murali Vijay, Sachin Tendulkar, S Badrinath, Wriddhiman Saha, Harbhajan Singh, Zaheer Khan, and Amit Mishra to finish with figures of 7-51. In the Test match against Pakistan at Johannesburg, Steyn finished with figures of 6-8 in the first innings to bundle out the opponents for just 49. Steyn picked up the wickets of Mohammad Hafeez, Nasir Jamshed, Younis Khan, Sarfaraz Ahmed, Saeed Ajmal, and Rahat Ali. In the second innings against Pakistan, Steyn took five wickets and South Africa won by 211 runs. Steyn announced his retirement last year from red-ball cricket, which he termed as the ultimate form of the game. Explaining his decision, Steyn said that it was in the best interest of prolonging his career. He continues to remain available for South Africa in both One-Day International and T20 cricket. The fast bowler represented South Africa in 93 Tests and took 439 wickets at an average of 22.95. Steyn became the leading wicket-taker for his nation in the longest format after he went past Shaun Pollock in 2019. Catch up on all the latest sports news and updates here. Also download the new mid-day Android and iOS apps to get latest updates. Mid-Day is now on Telegram. Click here to join our channel (@middayinfomedialtd) and stay updated with the latest news This story has been sourced from a third party syndicated feed, agencies. Mid-day accepts no responsibility or liability for its dependability, trustworthiness, reliability and data of the text. Mid-day management/mid-day.com reserves the sole right to alter, delete or remove (without notice) the content in its absolute discretion for any reason whatsoever Full Article
cr Video: Cricketer-turned-cop Joginder Sharma 'finally getting some family time' By www.mid-day.com Published On :: 14 Apr 2020 04:23:24 GMT Former Indian cricketer Joginder Sharma, who is now serving as a Deputy Superintendent of Police in Hisar district of Haryana, is currently making sure people stay indoors and adhere to the guidelines of the government during the ongoing lockdown in place amid the coronavirus outbreak.And for discharging his duties, he has to be available 24/7. As he comes in contact with many people, the former Indian cricketer said that he doesn't even go home to avoid any risk after his duty hours end. However, on Sunday, he finally got a chance to meet his family in Rohtak, 110 kilometres from Hisar."Finally, after a long, I got time to spend with my family...Motivating kids to be strong and stay happy at home…," Joginder tweeted along with a video of him playing cricket with his children. Finally After a long,I got time to spend with my family...Motivating kids to be strong n stay happy at home.. pic.twitter.com/Ie3xXfhCic — Joginder Sharma (@jogisharma83) April 12, 2020 Joginder recently gave an interview wherein he divulged the details of his routine as a DSP."My day starts around six in the morning. Today I started at 9am and am returning home now (8pm). But I need to be ready for emergency calls, so effectively I am available for duty 24 hours, and I can't say no," Joginder said."The area that I need to oversee is mostly in the rural belt of Hisar. Right now, it involves guarding various check-posts and instructing not just truck and bus drivers but also common people about the virus. The basic message is: do not get out of the house unless you need to. If someone is outside without any purpose, we can sanction them under various legal acts," he added.The former medium pacer had a short international career of four ODIs and four T20Is but was immortalised when he took the wicket of Misbah-ul-Haq in the 2007 World T20 final against Pakistan in South Africa. Catch up on all the latest sports news and updates here. Also download the new mid-day Android and iOS apps to get latest updates. Mid-Day is now on Telegram. Click here to join our channel (@middayinfomedialtd) and stay updated with the latest news This story has been sourced from a third party syndicated feed, agencies. Mid-day accepts no responsibility or liability for its dependability, trustworthiness, reliability and data of the text. Mid-day management/mid-day.com reserves the sole right to alter, delete or remove (without notice) the content in its absolute discretion for any reason whatsoever Full Article