mi Transforming fashion through community innovation By ec.europa.eu Published On :: Fri, 17 Apr 2020 00:00:00 GMT The fashion industry has been linked to pollution, waste, and modern slavery. In light of this, an EU-funded project led a series of successful experiments designed to spark radical, sustainable change while, at the same time, uniting Europe's textile and clothing businesses. Full Article
mi COVID-19: Indian footballer Jeje Lalpekhlua helps people in need of blood in Mizoram By www.mid-day.com Published On :: 13 Apr 2020 02:35:15 GMT Indian football team striker Jeje Lalpekhlua has come to the rescue of people in dire need of blood when it is not readily available in Mizoram due to the extraordinary situation arising out of the COVID-19 pandemic. India is under a lockdown enforced to contain the Coronavirus. "Due to the lockdown blood units are not readily available nowadays. So the hospital connected with the Young Mizo Association is seeking help. The news reached me and I knew immediately what I needed to do," he stated. "You cannot keep quiet and sit idle during such circumstances." He immediately rushed to the Synod Hospital in Durtlang, Mizoram to donate blood. "Upon receiving the information, we chalked out our plan. We headed to the hospital from the Durtlang branch of YMA. Out of 33 who had reported, 27 were deemed fit to donate," Jeje informed. "It's not about me or someone else, it's about the human race that needs to fight together now, more than ever." The Young Mizo Association (YMA) is the largest non-governmental voluntary organisation which operates primarily in Mizoram and some parts of the other north-eastern states as well. "It is so satisfying that I have been able to play a minor role. I thank the Almighty for giving me the strength." This is not the first time that Jeje has been involved in philanthropic activities. He has time and again rose to the cause in Mizoram whenever the situation has demanded. "Someone had to stand by them. If a hospital is falling short of blood units, we need to help. We all need to play our part during the crisis. The most difficult part, I understand is to stay at home. But it's very necessary. The longer we stay at home, the faster will India heal," added Jeje. 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
mi COVID-19: There might be no international football played this year! By www.mid-day.com Published On :: 15 Apr 2020 04:42:47 GMT Most international football might not be played until 2021 due to Coronavirus pandemic travel restrictions and the need to give club competitions the chance to resume, a FIFA vice president has said. Victor Montagliani, a Canadian, who is president of the governing body for North and Central America and the Caribbean, has been heading a FIFA working group formulating plans to deal with the implications of the world's biggest sport being largely shut down since last month. FIFA already has called off matches between countries that were due to be played in March and June. Montagliani, CONCACAF's president, believes the September, October and November windows for national team matches could be scrapped. "I personally think that might be a bit of a challenge, not so much because of just the health issues around the world and the various degrees of preparedness, but also committing to international travel as soon as we come back," Montagliani told The Associated Press. Montagliani "I think that domestic football is a priority. September is still in the books, but I would garner to say that I'm not sure it's there on solid ground the way things are trending right now." The return of fans into packed stadiums could be dependent on a vaccine for the COVID-19 disease being ready—and that might not be until 2021. "If we get the green light to play a football match. I highly doubt that first football match will be with fans. I just can't see that. I think that would be taken a massive risk," he said in a video interview from Vancouver, British Columbia. "I'm pretty sure it'll be a phased in approach, just like the rest of society is going to be is then in terms of us trying to get back to normal here." 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
mi English Premier League's transfer market bubble set to burst By www.mid-day.com Published On :: 21 Apr 2020 03:34:00 GMT The financial squeeze put on Premier League clubs by the coronavirus crisis could be felt across the continent in the coming months as the well to fund massive transfer fees runs dry. For each of the past four summers, Premier League clubs have flexed their financial muscle to splurge over £1 billion ($1.3 billion) on transfers. That has helped spread the wealth of television contracts worth billions across Europe and crucially down the divisions to cash-strapped clubs in England. Now even the world's richest league is facing economic meltdown. Premier League matches have been suspended indefinitely with no return expected before mid-June at the earliest. Broadcasters could be due a rebate worth a reported £762 million if the season is not completed and, even when the games do recommence, they are likely to be behind closed doors, quashing income from gate receipts. Moreover, a number of major sponsors such as airlines and gambling companies have been just as badly hit by the COVID-19 shutdown, which is expected to lead to a curb on commercial revenue. Rather than the usual arms race for talent, Premier League clubs are fretting about just meeting their wage bills for the next few months. "Many clubs could be threatened by insolvency and transfer plans came to a standstill for most clubs because of the many uncertainties," said Matthias Seidel, founder of Transfermarkt, a website specialising in transfer values. According to Transfermarkt, 1.8 billion euros ($2 billion) has already been wiped off the value of Premier League squads. "There's no doubt the actual value of players right now has gone down in all squads," said Brighton owner Tony Bloom. "How much less, I have no idea. It depends on how the next few months play out." 'Vultures and predators'Such uncertainty has led for calls to do away with transfers entirely to avoid the unseemly sight of clubs, who have asked staff to take pay cuts and in some cases relied on government money, spending money on new players. "If you're trying to get 30 percent pay cuts from existing players, you may have to put a transfer embargo in place," former Manchester United captain Gary Neville told Sky Sports. However, embargoes may only accelerate fears that clubs lower down the pyramid will not survive the crisis. Proceeds from transfer sales are commonly used in the lower leagues to cover running costs and will be needed even more without the regular income of gate receipts to rely on. "I think there will be significant transfer fee deflation," football finance expert Kieran Maguire told AFP. "There will be a significant number of clubs that when some form of transfer market returns, they will be close to going out of business and therefore will accept fire sale prices. "The vultures and predators will pick off good players for very modest fees." The fear for those reliant on transfer fees, though, is that the damage has already been done. Given the vast sums involved, transfer fees are very commonly paid over the course of a player's contract. Based on accounts published to the end of the 2018/19 season, Premier League clubs owed £1.6 billion in outstanding transfer payments, £900 million of which was to foreign clubs. Maguire warns of the domino effect whereby if one club fails to meet its transfer debt, it could spark a series of defaulted payments on other deals or even worse force clubs into insolvency. "The concern is that financial problems in one league could spread throughout the industry just like the pandemic," he said. Bundesliga chief executive Christian Seifert told the New York Times earlier this month that the transfer market will "collapse" and that "some leagues will understand that money is nothing that is coming automatically every month from heaven." That may have been a slight on the Premier League's overindulgence on transfer fees. But as the biggest spender, the economic earthquake felt by English football will ripple across Europe for some time to come. 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
mi COVID-19: David Beckham's deal to help poor amid global pandemic By www.mid-day.com Published On :: 24 Apr 2020 03:32:54 GMT A chance to play with him, have lunch and watch a game of football from the owners box. David Beckham, part owner of the Major League Soccer club Inter Miami, is auctioning off all that stuff. Former England captain and Manchester United legend Beckham is doing this as part of the league's participation in the All In Challenge, which raises money for organisations that are helping feed the hungry during the coronavirus pandemic, including Meals on Wheels, No Kid Hungry, America's Food Fund, World Central Kitchen and Feeding America. The MLS season is suspended from March 12 with the deadly virus causing havoc in the United States. Earlier this month, Beckham had expressed gratitude towards all the frontline workers who are risking their lives in the fight against the coronavirus pandemic, saying it was "another week of hard work". Beckham had taken to Instagram to post a video story in which he was seen clapping along with his family. "Managed to set the phone up this week to get the whole family showing our appreciation for all the frontline workers and our brilliant NHS. Thank you for another week of hard work. #ClapForOurCarers," Beckham had written in his Instagram story. The entire world has come to a standstill amid the ongoing coronavirus outbreak. Sports activities have also taken a big hit and almost all the events have been postponed or cancelled, including the Olympics. 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
mi Arsenal players to kick off training next week amid coronavirus By www.mid-day.com Published On :: 27 Apr 2020 03:18:21 GMT Arsenal's squad will be allowed back to their training ground from next week, although the club stressed they would still have to maintain British government guidelines designed to combat the spread of the coronavirus. The Premier League side's players will have access to training pitches but on a strict rotational basis that will see them uphold social distancing measures. "Players will be permitted access to our London Colney training grounds next week," said a club spokesperson. "Access will be limited, carefully managed and social distancing will be maintained at all times. "All Colney buildings remain closed. Players will travel alone, do their individual workout and return home." This week saw Arsenal become the first Premier League club to agree a coronavirus pay cut with their players as manager Mikel Arteta and his stars slashed their wages by 12.5 percent. There are reports Arsenal, whose yearly wage bill is around £230 million ($286 million), will give players their money back in the event that they bridge an eight-point gap and qualify for the Champions League when football restarts. Football is currently suspended indefinitely in England, with the UK under lockdown. 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
mi Five facts you might not know about Atletico Madrid star Joao Felix By www.mid-day.com Published On :: 27 Apr 2020 04:10:37 GMT João Félix exploded onto the scene at Benfica in 2018 before a huge summer move to LaLiga with Atlético de Madrid. Here are five things you may not know about the Portuguese superstar... 1. His idol while growing up was KakáThe similarities between the two are clear, both in playing style and appearance… brothers, anyone? But what isn’t so known is that Kaka was actually one of Joao Felix’s biggest idols growing up: the young Felix has spoken of watching YouTube video after YouTube video of the former World Player of the Year. The 20-year-old has also named Portuguese legend Rui Costa among his other inspirations while growing up. 2. Both his parents are teachers Carlos and Carla, Joao’s parents, are both physical education teachers and he credits them with keeping him centred growing up. He has explained in interviews that his father would give him pep talks before matches and helped him stay focused during his teenage years; at the age of just 13 years he moved away from home to FC Porto’s academy, before later making the move to the capital with Benfica. 3. His first hat-trick in the Europa League was record-breaking In April 2019, Joao hit the headlines across Europe with a stunning performance for Benfica in a Europa League match against Eintracht Frankfurt. By scoring three times in a 4-2 victory, he became the youngest ever player to score a hat-trick in the Europa League, doing so at the age of just 19 years and 152 days. That broke the previous record set by Marko Pjaca in 2014. 4. Diego Costa has taken him under his wing From the start of pre-season, Joao and Diego Costa have forged a strong relationship. Costa is known to be a leader in the Atlético de Madrid dressing room and he quickly took the new arrival from Benfica under his wing, spending a lot of time with him and partnering with him in various drills. Both players are native Portuguese speakers, and this has helped the youngster settle in. Perhaps it’s no coincidence that it was Costa who assisted Joao’s first official goal for Atleti, against Eibar back in September. 5. His brother Hugo is also a highly rated prospect Hugo Felix, João’s 16-year-old brother, is also highly rated and is doing well at Benfica’s academy. João was even able to celebrate goals with his brother last season, as Hugo was a ball boy at the Estádio da Luz on some matchdays. One particular goal that he scored against Vitória Setúbal ended with an emotional embrace between the siblings. 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
mi Legendary footballer Chuni Goswami passes away at 82 By www.mid-day.com Published On :: 30 Apr 2020 13:19:58 GMT Legendary former India footballer Chuni Goswami, who captained the 1962 Asian Games gold-winning team, died on Thursday after suffering a cardiac arrest. Former Indian footballer Chuni Goswami passes away due to cardiac arrest in Kolkata, West Bengal. — ANI (@ANI) April 30, 2020 The iconic sportsperson, who also played first-class cricket for Bengal, was 82 and breathed his last at a hospital here. He is survived by his wife Basanti and son Sudipto. "He suffered a cardiac arrest and died in the hospital at around 5pm," a family source told PTI. 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 pic.twitter.com/WgXhpoyLaB — BCCI (@BCCI) April 30, 2020 Goswami was suffering from underlying ailments, including sugar, prostrate and nerve problems. Goswami played 50 matches for India as a footballer from 1956 to 1964. As a cricketer, he represented Bengal in 46 first-class games between 1962 and 1973. 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
mi 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
mi Diego Maradona prays for "Hand of God" to heal world from COVID-19 pandemic By www.mid-day.com Published On :: 1 May 2020 01:31:47 GMT Argentine football legend Diego Maradona has asked the "Hand of God" to deliver the world from COVID-19 pandemic and allow normal life to resume. The World Cup winner referred to his hand-assisted goal in the 1986 World Cup after Argentine football chiefs voted to end the current season as well as suspend relegation, saving Diego-managed bottom club Gimnasia from the drop. "Today this happened to us and many people say it is a new Hand of God," said Diego, alluding to his infamous goal against England. "But today I'm asking for that hand to end this pandemic so people can go back to living their lives, healthy and happy." Then-Argentine captain Diego responded to the controversy over his goal at the World Cup in Mexico by saying "it was the Hand of God!" Argentina went on to beat England 2-1 in the quarter-final. On being thrown a lifeline by the suspension of the season, he told Argentine daily Clarin: "It's not the ending we had wanted, we were convinced we could save ourselves on the pitch." Argentina has been in lockdown since March 20 against the Coronavirus, which by early Wednesday had infected 4,114 people with 207 deaths. 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
mi Perrie Edwards enjoying quality time with footballer beau Alex Oxlade-Chamberlain amid lockdown By www.mid-day.com Published On :: 1 May 2020 03:11:47 GMT Brit singer Perrie Edwards, 26, is enjoying every moment alongside her footballer boyfriend Alex Oxlade-Chamberlain, 26, during this Coronavirus-caused lockdown in the United Kingdom. "I feel like I'm really enjoying this [lockdown], I can't lie. I'm having the time of my life. I've never spent so much time with my boyfriend. I've never spent so much time in my house," Perrie, who is part of the British all-girl group Little Mix, told Los Angeles radio station KII-FM. "It's like I've never had just so much time on my hands to do stuff that I've always wanted to, so it has been nice," added Perrie, who began dating the Liverpool star in 2016. The couple have been regularly uploading pictures and videos, dancing together on social media, while Perrie has even performed a few songs. Meanwhile, Alex too has been enjoying all the attention and recently said that Perrie is the "perfect wifey." 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
mi Chuni Goswami's son reveals: Dad suffered 3 heart attacks in 14 mins By www.mid-day.com Published On :: 1 May 2020 05:22:57 GMT Subimal "Chuni" Goswami came for a routine check-up to a city hospital on Thursday morning and by evening he had suffered three cardiac arrests in 14 minutes to breathe his last and end an era, his son said. "He had breakfast. Then we got him to the hospital. He was brought here for a routine check-up. He had lunch and even took a nap in the afternoon. But around 5 p.m., he suffered three heart attacks in 14 minutes," said a crestfallen Sudipto. Goswami, who died at the age of 82, is survived by his wife and Sudipto. Goswami was also battling underlying ailments, including sugar, and prostrate and nerve problems. Goswami had to be given insulin daily and due to the COVID-19 lockdown, his medical supervisor was not able to attend to him on a regular basis. "I don't have words at this point, feeling lonely," said Sudipto. Goswami's biggest achievement was captaining India to the 1962 Asian Games Gold medal when India scripted a historic 2-1 victory against South Korea (Korea Republic) in the final to land India its second gold medal in Asian Games history. Besides two editions of the Asian Games, Goswami was also part of India's Olympic squad in the Rome Olympics in 1960. He also captained India to the final of the AFC Asian Cup in Tel Aviv in 1964 and was part of India's campaign in the pre-Olympic qualification in 1959 (in Kabul), 1960 (in Kolkata and Jakarta), 1963 (in Colombo as captain), and in 1964 in (Tehran and Calcutta). Goswami won the Arjuna Award in 1963 and was conferred the prestigious Padma Shri Award in 1983. The versatile sportsman that he was, he also represented Bengal in the Ranji Trophy and even captained Bengal in 1968-69 season. He also played for East Zone in the Duleep Trophy. His first-class career as a cricketer ended after 46 matches and he scored 1,592 runs, including a century. He also served the Tata Football Academy as its director and was appointed the Sheriff of Kolkata in 2005. In the same year, he was awarded the Mohun Bagan Ratna and was bestowed the Banga Bibhusan in 2013. The Indian postal department also honoured Goswami with a commemorative stamp on his 82nd birthday earlier this year. 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
mi Five things you might not know about Sergio Ramos By www.mid-day.com Published On :: 8 May 2020 03:40:49 GMT From a childhood nickname to his world champion horse, these are some of the lesser-known facts about the Real Madrid captain and legend 1. His nickname as a child was Schuster As a child, Sergio played up front and was nicknamed ‘Bernd Schuster’ after the great German goalscorer by the friends he played with on the grass outside his apartment block. He’d go on to play in defence throughout his career, at right-back and centre-back, but has maintained his brilliant goalscoring ability. Coincidentally, he was even coached by Schuster at Real Madrid between 2007 and 2008. 2. He’s only ever worn the number 4 shirt at Real Madrid, but never for Spain… When Ramos arrived at Real Madrid, he was touted to fill the void left by the departing legend Fernando Hierro. Ramos wasn’t shy about taking on the challenge and adopted Hierro’s famous No.4 jersey from day one. That has been the number on his back during his entire decade-and-a-half career at the Santiago Bernabéu. Funnily enough though, Ramos picked a different number for when he plays with the Spanish national team: 15. 3. He has never scored for Spain at a major tournament Sergio is Spain’s all-time record appearance holder (170) and has scored 21 goals for his country, a mightily impressive tally for a defender. Bizarrely enough, though, he’s never scored for Spain at a major tournament. Each of his 21 strikes has come in qualification rounds, in friendlies, or in the UEFA Nations League. Beyond penalty shootouts, he’s never scored at a World Cup, European Championship or even the Confederations Cup. 4. He didn’t win a Champions League knockout tie until the age of 25 Ramos has four Champions League titles to his name, winning the tournament in 2014, 2016, 2017 and 2018. He may undoubtedly be one of the all-time greats of the competition, but it’s easy to forget that he didn’t reach the competition’s quarter-final until the age of 25. He never played in the Champions League with Sevilla, then his first few years at Real Madrid coincided with a barren spell for the capital city club in which they were consistently knocked out in the first knock-out phase. Finally, in 2010/11 after the arrival of Jose Mourinho, Ramos made it to his first quarter-final, against Tottenham Hotspur. He’s certainly overcome that initial disappointment as the years have gone on. 5. His horse Yucatán de Ramos is a world champion Like any true Andalusian, Sergio loves horses and has done since childhood. He owns stables near his hometown of Seville, and Yucatan de Ramos, his star horse, won a world championship at the 2018 Interntional PRE Horse Fair recognising it as the finest pure-bred Spanish horse in the world. 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
mi Movie Review: Mission Mangal By Published On :: Wed, 14 Aug 2019 16:59:31 GMT Just like how Eid is synonymous with a Salman Khan release, the Independence Day holiday isn’t complete without an Akshay Kumar starrer. From 2013 to 2018, he has had a release during this beneficial weekend, barring 2014. 2019 is no exception and this time, he is out with MISSION MANGAL, based on an important chapter of India’s history. The mood of the film is also apt, considering that just last month, the Indian Space Research Organisation (ISRO) launched Chandrayaan-2 towards the moon. MISSION MANGAL has all the trappings of a blockbuster. So does it turn out to be as exciting and entertaining as expected? Or does the content fails to entice? Let’s analyse. <img class="aligncenter size-full wp-image-1008325" src="https://www.bollywoodhungama.com/wp-content/uploads/2019/08/Mission-Mangal-Review-IMG.jpg" alt="" width="750" height="450" /> MISSION MANGAL is the incredible true story behind India’s mission to Mars. The film begins in 2010. At the Indian Space Research Organisation (ISRO), a space mission under Rakesh Dhawan (Akshay Kumar) fails after Tara Shinde (Vidya Balan) in his team makes an error in judgement. As a punishment posting, he’s asked to handle India’s Mars program, which is not expected to take off anytime soon. A few days later, Tara while cooking puris in her home has a Eureka moment. She realises that through innovative methods, they can try to get our satellite reach Mars in just two years. She tells Rakesh about the plan and he realises it’s a golden opportunity. Rakesh approaches his senior (Vikram Gokhale) for approval who finds the idea unfeasible. Also Rupert Desai (Dalip Tahil) who has come from NASA to join ISRO feels that Rakesh's idea is ridiculous. Rakesh however manages to persuade and begins work. He asks for the best of the men from ISRO for this project. However he’s given inexperienced colleagues like Kritika Aggarwal (Taapsee Pannu), Eka Gandhi (Sonakshi Sinha), Varsha Gowda (Nithya Menen), Neha Siddiqui (Kirti Kulhari) and Parmeshwar Naidu (Sharman Joshi) and a very senior employee Ananth Iyer (H G Dattatreya). What happens next forms the rest of the film. Jagan Shakti's story is superb and also very challenging. It’s not easy to pen down a mainstream film with such a plot. Also many are not aware of what transpired behind the making of India’s Mars mission. Hence it’ll be exciting for them to witness the whole journey. Also there are so many twists and turns in the plot that one might not believe that some of the plot points are actually true incidents. R Balki, Jagan Shakti, Nidhi Singh Dharma and Saketh Kondipathi's screenplay not only simplifies the proceedings but also make it massy. The screenplay blends science and entertainment seamlessly. The film’s goings on are extremely easy to comprehend. R Balki, Jagan Shakti, Nidhi Singh Dharma and Saketh Kondipathi's dialogues are effective and funny. Jagan Shakti's direction is terrific for a first timer. He had a winning screenplay in his hand and he takes it to another level with his execution. The film has also has subplots of each of the main characters and even these are very well woven in the narrative. And through these tracks too, the makers have made some important comments about religion, parenting, marriage, religious bias etc. and all these contribute to the film hugely. MISSION MANGAL starts off beautifully showing Tara running a house efficiently on the day ISRO has an important launch. Rakesh's entry and the confrontation scene when he’s offered Mars program is intriguing as well as entertaining. It also makes it clear that the film won’t get serious and that the entertainment quotient will be maintained. The rest of the team is introduced in a quick but interesting montage like sequences and it adds a lot to the film. The first half moves swiftly with no complaints. The second half is longer and the commencing portions are where the film drops. Also to see the team renovating their work station at a time when they are running against time is a bit too much. Thankfully the film soon picks up. The best is obviously reserved for the finale. There are a lot of obstacles faced by the team here and it makes the film even more gripping. The finale is applause worthy. <p class="entry-title name"><strong><span style="text-decoration: underline;">Mission Mangal | Public Review | FDFS | Akshay Kumar | Vidya Balan | Taapsee Pannu | Sharman Joshi</span></strong></p> <iframe id="jwiframe" class="playerFrame" src="https://www.bollywoodhungama.com/videos/first-day-first-show/mission-mangal-public-review-akshay-kumar-vidya-balan-taapsee-nithya-movie-review-first-day-first-show/?jwembed=1" width="800" height="340" frameborder="0" allowfullscreen="allowfullscreen"></iframe> MISSION MANGAL is embellished with some fine performances. Akshay Kumar is in top form. He gets to play such a splendid role and gets into the skin of his character. And he’s very much there throughout the film! The way his character rarely gets serious and makes even serious discussions light and funny is seen to be believed. One of the greatest sequences of the film is when he makes an imaginary call to none other than APJ Abdul Kalam. Vidya Balan dominates most of the first half and suits her character to the T. It’s also admirable that she has no qualms playing mother to teenagers. Sonakshi Sinha is lovely and gets to shine. It’s great to see how she makes an impact in a supporting role. Taapsee Pannu is also quite efficient and gives her best in the climax. Nithya Menen has a smaller role but it serves as a great debut. Kirti Kulhari manages to score and many would be able to relate to her character's struggles. Sharman Joshi is funny and would surely make viewers smile. H G Dattatreya is adorable and the scene where he teaches Kirti's ex hubby a lesson is too good! Dalip Tahil is appropriate as the pessimist. Sanjay Kapoor (Sunil Shinde) is the surprise of the film. He delivers a fine performance and post interval he goes in another mode that would be greeted with whistles in cinemas! Purab Kohli (Vivek) and Mohd. Zeeshan Ayyub (Rishi) lend able support. Rohan Joshi (Dilip Shinde) is hilarious and even heartening as Vidya Balan's son. Kashmira Pardeshi (Anya Shinde) gets no scope. Vikram Gokhale is decent. Others are also good in their respective parts. Amit Trivedi's music is well interspersed with the proceedings. <em>'Dil Mein Mars Hai' </em>is entertaining and catchy. <em>'Shaabaashiyaan'</em> is played at a crucial juncture. Amit Trivedi's background score is engaging. S Ravi Varman's cinematography is quite simple and has the big screen effect. Sandeep Ravade's production design is praiseworthy as it’s straight out of life. Debashish Mishra's sound design is also as real as it gets. Sham Kaushal's action is good in the lone action scene inside the metro. Famulus Media and Entertainment's VFX is top class without which the long climax would not have worked so well. Theia Tekchandaney's costumes are appealing yet not too glamorous. Kirti Kolwankar and Maria Tharakan's costumes for Vidya Balan are authentic. Chandan Arora's editing is just perfect as the film neither moves too fast nor drags. On the whole, MISSION MANGAL is engaging and entertaining while being patriotic in its feel. At the box office, it will be accepted whole heartedly by the audiences and has the potential to emerge as Akshay Kumar's highest grosser ever! Full Article
mi Movie Review: Shimla Mirchi By Published On :: Thu, 02 Jan 2020 14:42:07 GMT Cinegoers and trade experts were surprised when the trailer of the film SHIMLA MIRCHI dropped on the internet on December 26, 2019 without any intimation. The film, directed by SHOLAY director Ramesh Sippy is a long delayed romcom that is releasing five years after its making. Ramesh Sippy made the film in 2014 and it was meant to be a small and sweet romantic story set in Shimla. It is yet unclear as to why the film was delayed. However, the film which was made on a small budget is now set to release in theatres on January 3. <img class="aligncenter size-full wp-image-1058604" src="https://www.bollywoodhungama.com/wp-content/uploads/2020/01/Movie-Review-Shimla-Mirchi.jpg" alt="" width="750" height="450" /> Without giving any spoilers, the film is about Avi (Rajkummar Rao) who visits Shimla during his holiday and falls in love with Naina (Rakul Preet Singh). Avi takes up a job in the hills to act on his love for Naina. However, his only weakness is that he is never able to confess his feelings for the woman he loves. Avi, on the advice of his friend writes a love letter, which lands in the hand of Naina’s mother Rukmani (Hema Malini). Rukmani is a woman who is struggling from low self-esteem after her husband left her for another woman and comes to the conclusion that Avi is her secret admirer. Naina who is aware of the situation plays up to this to keep her mother sane. Talking about the film, there are no surprises when it comes to the script of SHIMLA MIRCHI. However, the script (Ramesh Sippy, Kausar Munir, Rishi Virmani and Vipul Binjola) is tight and comes straight to the point. What stands out the most, and lights up the film are the characters and dialogues in the otherwise tried and tested genre. The dialogues are good and play a huge part in keeping the audience engaged. The stark commentary on the love life of the lead actors is sure to generate some laughs. The film marks Ramesh Sippy's return to direction after a long time — while he returned to direction after 20 years, he will see his directorial venture release only after 25 years. Ramesh Sippy focuses completely on the central characters and does not care to indulge much into the external environment of these characters. Sippy has a great hold over the plot and at no point does he deviate from the central topic. Coming to the performances, at the time of filming, Rajkummar Rao was fairly new to the industry and has still managed to win our hearts with his performance. Those unaware of Rakul Preet Singh’s work down south will be in for a treat to watch Rakul as the beautiful small town girl who has a thousand responsibilities to attend to. However, her constant need to take charge over her mother's life under the garb of care might get to your nerves. She does come across over the top at times because of her energy but when she shares screen with the calm natured Rajkummar Rao, it balances out well. Hema Malini is at the top of her game and puts life into the film with her infectious and vibrant screen presence. Shakti Kapoor as Captain Uncle does a great job. Though not much is revealed about his character, he will be remembered for his situational poetry. The music by Meet Bros Anjjan sets the tone for a small town romance. The lyrics penned by Kumaar beautifully capture the mood of the film. This is also the last collaboration by Meet Bros Anjjan who are behind successful songs like ‘<em>Chittiyan Kalaiyyan’</em> and ‘<em>Baby Doll’</em>. The film is largely set in the backdrop of a house and a cafe. Cinematographer Jitan Harmeet Singh gives this romantic journey a dreamy affect by capturing the moods of the characters with close-ups. The editing (Vijay Venkataramanan) is very crisp except for the climax, where the audience could easily do with one less song. On the whole, SHIMLA MIRCHI makes for a decent small town romance with impressive performances. At the box office, the low buzz and lack of promotions will ensure that the movie will fizzle out eventually. Full Article
mi Why Arbitrage Funds can be a Worthwhile Bet amidst the COVID-19 Pandemic By feeds.equitymaster.com Published On :: Mon, 27 Apr 2020 00:00:00 GMT Posted by Equitymaster During the COVID-19 lockdown, individuals are losing patience -- moving freely and not following the necessary social distancing. This lack of civic sense and maturity on their part is weakening our fight against the deadly contagion pathogen. The capital markets, as a result, also has witnessed intense volatility and bears are running lose. Certain sections of investors, however, have shown tremendous maturity during these challenging times. At a time when Foreign Portfolio Investors (FIIs) have net sold or dumped Indian equities (owing to markets worldwide falling sharply and margin calls being hit), domestic fund managers are looking for value-buying opportunities in the carnage of the markets. It is also heartening to see retail and High Net-worth Individuals (HNIs) buying into various equity-oriented mutual funds in a lump sum as well as the SIP (Systematic Investment Plan) mode. Monthly SIP inflows have touched a record high in March 2020 and the SIP folios, too, surged to 3.12 crore. However, in debt-oriented schemes, investors seem to be pressing the panic button. The mutual fund industry recorded a net outflow of Rs 1.95 trillion in March 2020. Barring Overnight Funds and Gilt Funds, all other sub-categories of debt mutual funds have reported an outflow in March 2020. --- 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. ------------------------------ Advance tax payment obligations, deterioration in asset quality, potential risk of defaults in the COVID-19 lockdown, and heightened volatility in the Indian debt market are some of the key reasons for outflows from debt-oriented mutual schemes. [Read: Why Investors Pulled Out Money from Debt Mutual Fund Schemes in March] The massive outflows were also seen from the Liquid Funds and Arbitrage Funds. Table 1: Action in March 2020 Mutual fund category Rs in Crore Net outflows in March 2020 Net AUM as on March 31, 2020 Arbitrage funds -33,767 52,210 Liquid funds -1,10,037 3,34,725 Overnight funds 26,654 80,174 (Source: AMFI, PersonalFN Research) Unprecedented redemptions in the Arbitrage Funds and Liquid Funds, as well as the net inflows recorded by the overnight funds, suggest that investors preferred safety over returns. As you know, liquidity is a key concern as the world continues to fight the COVID-19 pandemic. Some arbitrage schemes such as Tata Arbitrage Fund and ICICI Prudential Equity-Arbitrage Fund had stopped taking in fresh subscriptions in the third week of March 2020 for the lack of arbitrage opportunities as markets faced broad-based selling. But now markets are finding some sort of stability and bouncing back -- rallied over 20% from March lows - although the bears continue to run loose. So, is it a time to consider arbitrage funds again? Yes, I think so. Arbitrage Funds aims to exploit the price differential in two different segments (spot and futures or cash and derivatives) of the equity market. They buy stocks in the spot market and sell in the future market simultaneously thereby making gains with the price differential (called the spread). --- 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 ------------------------------ The differential usually is in sync with the prevailing interest rates in the economy; but depending on the market volatility, it could sometimes be higher as well. That being said, these are short-term opportunities that spring up due to lack of information to a set of market participants in one of the markets. The capital market regulator's mutual fund categorisation and rationalisation mandates that an Arbitrage Fund must strictly follow the arbitrage strategy and invest at least 65% of its total assets in equity & equity related instruments. Since the transactions are in either direction, the positions are completely hedged. And the remaining 35% of the total asset is deployed in debt and money market instruments. In March 2020, when the stock futures started quoting at a discount to the spot prices in the cash market, it was a concern. But now that we have seen some sharp up-moves in the Indian equity markets as the government has done relatively well in containing the spread of the deadly virus (compared to other nations) and thanks to the prompt fiscal measures also have been taken -- both by the Ministry of Finance (the Rs 1.75 trillion package) and the Reserve Bank of India (by reducing policy rates sharply, keeping monetary policy stance 'accommodative as long as it is necessary', and ensuring enough liquidity in the system) -- in my view, it would be perceived positively by the markets in times to come and enough arbitrage opportunities would be available. It is possible that Arbitrage Funds may even perform a tad better vis-a-vis Liquid Funds. Table 2: Report Card of Arbitrage Fund, Liquid Funds and Short Duration Funds Scheme category Returns (Absolute %) 1 Month 3 Months 6 Months 9 Months 1 Year Ultra-Short Duration Fund 0.65 1.44 1.89 4.91 6.51 Arbitrage Fund 0.04 1.33 2.58 4.18 6.28 Liquid Fund 0.58 1.37 2.69 4.21 6.02 Overnight Fund 0.22 1.02 2.25 3.58 5.1 Short Duration Fund 1.43 1.97 3.45 5.06 5 Crisil Liquid Fund Index 0.49 1.4 2.83 4.43 6.32 Nifty 50 Arbitrage Index -0.17 0.85 2.02 3.62 5.8 Category average returns presentedData as on April 17, 2020(Source: ACE MF, PersonalFN Research) Over the last one year, the returns generated by Arbitrage Funds have been quite satisfactory. In fact, these funds have outperformed those clocked by Liquid Funds. The 3-month returns clocked by Arbitrage Funds have been almost at par with Liquid Funds. Do note that an Arbitrage Fund carries low risk and the returns depend on the market conditions and fund manager's ability to reap rewards from arbitrage opportunities. Short-Term Capital Gains (i.e. realised profits within a year) on arbitrage funds are taxed at 15%, while the Long-Term Capital Gains (i.e. gains made after staying invested for more than a year) are taxed at 10% for gains above Rs 1 lakh in a financial year. To park money for the short-term for an investment time horizon up to 1-year, you may consider investing in an Arbitrage Fund. And if you have an extreme short-term time horizon (of 3 to 6 months), consider a Liquid Fund with high-quality debt papers, which does not have high exposure to Commercial Papers (issued by private entities). Alternatively, if you wish to park in a much safer category, you would be better off investing in an Overnight Funds. Happy Investing! PS: If you wish to select worthy mutual fund schemes, I recommend you to subscribe to PersonalFN's unbiased premium research service, FundSelect. Additionally, as a bonus, you get access to PersonalFN's popular debt mutual fund service, DebtSelect. Each fund recommended under FundSelect goes through our stringent process, where they are tested on both quantitative as well as qualitative parameters. Every month, PersonalFN's FundSelect service will provide you with insightful and practical guidance on equity mutual funds and debt schemes - the ones to Buy, Hold, or Sell. If you are serious about investing in a rewarding mutual fund scheme, Subscribe now! 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
mi Will Mutual Fund Houses Act Against Companies Approaching Courts To Prevent Rating Downgrade Amidst COVID-19? By feeds.equitymaster.com Published On :: Wed, 29 Apr 2020 00:00:00 GMT Posted by Equitymaster Unnerving movements for debt mutual funds investors! Just last week my colleague, Divya explained the fiasco at Franklin Templeton Mutual Fund, which took a decision to abruptly wind down six debt mutual fund schemes, namely: Franklin India Low Duration Fund Franklin India Dynamic Accrual Fund Franklin India Credit Risk Fund Franklin India Short Term Income Plan Franklin India Ultra Short Bond Fund Franklin India Income Opportunities Fund In all, the above debt mutual fund schemes had an AUM of Rs 30,854 crore as of March 31, 2020. The fund house cited, "severe market dislocation and illiquidity in the fixed income space" caused by the COVID-19 pandemic, as the reason behind the decision. --- 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. ------------------------------ Investors in these schemes are now left in the lurch: they cannot sell (nor buy) these funds and will have to rely on the fund house to get back their hard-earned money. Investors will have to hold their investments in these schemes until liquidity is available to the mutual fund house by either selling securities in the fund's portfolio or receiving maturity proceeds. Currently, a fact is, not just Franklin Templeton Mutual Fund, but debt mutual fund schemes of many other fund houses are have a remarkable exposure to stressed assets. According to portfolios disclosed on March 31, 2020, mutual funds collectively held Rs 1.38 trillion of exposure to debt securities issued by Non-Banking Financial Companies (NBFCs). Approximately Rs 51,000 crore of the exposure in debt securities has a maturity profile of less than 3 months; and now, mutual funds fear that there will be defaults. NBFCs and other corporate borrowers claim that they do not have enough liquidity to fulfil their obligations and have requested for additional time. Given that, rating downgrades from rating agencies look likely. However, some companies are playing smart: they are approaching the Courts to prevent a rating downgrade, plus seeking a stay on sale of pledged shares. Of course, they are well within their right to approach the judicial authority or Courts and contest. Join Now: PersonalFN is now on Telegram. Join FREE Today to get 'Daily Wealth Letter' and Exclusive Updates on Mutual Funds But the capital market regulator, seems to be in no mood in offering them any leeway. On the contrary, the regulator is asking the mutual fund industry to act against the issuer of securities who are possibly carrying high credit risk; facing asset quality problems. Delays in repayments would mean the creation of more side-pockets by mutual funds. And in my view, more the losses investors suffer, more frustrating it will be for mutual fund houses and their investors. Eventually retail and High Net-worth Individuals, particularly, will lose confidence and may not be keen to invest in debt funds. If you are wondering what has gone wrong, here's everything you may like to know about liquidity, credit risk and the exposure of mutual funds to corporate debt in the present scenario. If you remember, the capital market regulator had mandated large corporations to source at least 25% of their borrowings from the bond markets from the beginning of FY 2019. This move was expected to deepen Indian bond markets and reduces the stress on banks. Just a year later, the same move is proving fatal for companies that went to the bond markets to raise money. Now that the COVID-19 lockdown has forced many business units to shut off temporarily or operate much below their optimal operational capacity with a skeletal staff, companies, including the large organisations that relied heavily on debt markets, are finding it difficult to honour maturity claims on Commercial Papers (CPs), Non-Convertible Debentures (NCDs), and Bonds. --- 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 ------------------------------ They were hoping for an 'at-par treatment' with Banks when the Reserve Bank of India (RBI) offered a moratorium period to borrowers. But the RBI circular came to them as a shocker. The devil was in the details. On March 27, 2020, the RBI issued a notification allowing a three-month moratorium on all outstanding term loans and working capital facilities on account of disruptions caused by the outbreak of coronavirus. This circular did not cover around 10 thousand NBFCs, who mainly depend on CPs, NCDs, and Bonds for their funding requirements. As far as NBFCs are concerned, the RBI has already provided them with a liquidity facility through the banking channel. The RBI directed banks to utilise funds infused under Targeted Long Term Repo Operations (TLTRO) facility to invest in 'investment-grade' CPs, NCDs, and Bonds issued by NBFCs. Also, RBI mandated banks to allocate 50% of Rs 50,000 crore of liquidity introduced by way of TLTRO 2.0 to small and mid-size NBFCs and small finance banks. But NBFCs seemed not too happy with just liquidity and many of them are now approaching courts to prevent rating downgrades. This is not a best practice for the industry, although fund houses may be well within their rights to contest. Recently, Indiabulls Housing Finance was successful in receiving the interim order from Delhi High Court, throttling any coercive action against the housing finance company for its inability to repay its bondholders. The Delhi High Court will hear the case further on May 19, 2020. This has added to the worries of mutual fund houses that now fear other NBFCs will follow the same path. The capital market regulator, only recently (a few days ago) following the three moratorium by RBI (due to disruptions caused by COVID-19 pandemic) has relaxed the valuation norms for debt and money market instrument held by mutual funds vide a circular dated April 23, 2020, wherein it states as under: Based on assessment, if the valuation agencies appointed by AMFI are of the view that the delay in payment of interest/principal or extension of the maturity of a security by the issuer has arisen solely due to COVID-19 pandemic lockdown and/or in light of the moratorium permitted by Reserve Bank of India (RBI) (vide notification no. RBI/2019-20/186, dated March 27, 2020) creating temporary operational challenges in servicing debt, then valuation agencies may not consider the same as a default for the purpose of valuation of money market or debt securities held by Mutual Funds.However, in the scenario, as stated above, if there is any difference in the valuation of securities provided by two valuation agencies, the conservative valuation shall be accepted. But then what is the point of coming up with these valuation norms as an afterthought, and not in close synchronisation when the RBI came with its notification a month ago? The damage now is already done and companies are anyways approaching the Courts to prevent a rating downgrade. Let's say shares of a company are pledged and to recover the proceeds -- if they cannot be sold due to a court order -- then such lending would be as good as unsecured lending. Also, why should that not be construed as an instance of deviation from the stated fundamental attributes of a debt mutual fund scheme? After all, mutual fund investors invest in debt fund schemes taking into account a certain level of risk. Change in the risk profile of a scheme is a change in the fundamental attribute/s. According to India Ratings, NBFCs having the asset base of Rs 500 crore to 5,000 crore, largely fall between "A" and "BBB" rating categories. The mid-path could be a decision on payment or deferring the payment in consultation with all stakeholders, including debenture trustees. The industry will require a blanket resolution because a case-to-case resolution approach is cumbersome and may create more chaos. Unless the RBI takes a clear stance on NBFCs and other financial institutions, mutual fund houses are likely to feel the heat of redemptions. Suppose, there's no further statement issued by the banking sector regulator; mutual funds will have to be prepared to handle large-scale defaults, which might look inevitable. After all, a majority of NBFCs' customers are retail borrowers and they enjoy a moratorium on the EMI payment for 3-months. This has been the trickiest part for NBFCs. While COVID-19 outbreak has been the genuine reason for the potential defaults this time, asset-liability mismatches of NBFCs are well-known. Many NBFCs have gone overboard with cheap credit available during stable market conditions. Their credit underwriting has been questioned widely. The industry has also witnessed belly-up instances such as IL&FS and DHFL. Many mutual fund houses have burned their fingers badly in such defaults. At the time of writing this piece, to ease the liquidity pressure on mutual funds, the RBI today decided to provide a special liquidity facility of Rs 50,000 crore for mutual funds. Under this facility, the RBI will conduct repo operations of 90 days tenor at the fixed repo rate. This will be on-tap and open-ended, and banks can submit their bids to avail funding on any day from Monday to Friday (excluding holidays). The scheme is available from today i.e., April 27, 2020, till May 11, 2020, or up to utilization of the allocated amount, whichever is earlier. The Reserve Bank will review the timeline and amount, depending upon market conditions. The RBI has stated further that the liquidity support availed under the Special Liquidity Facility for Mutual Funds shall be used by banks exclusively for meeting the liquidity requirements of mutual funds by, 1) extending loans; and (2) undertaking outright purchase of and/or repos against the collateral of investment-grade corporate bonds, CPs, debentures and certificates of Deposit (CDs) held by mutual funds. Having taken this measure, keep in mind that it does not make investing in debt mutual funds risk-free. Considering the prevailing investment environment, you should stay away from mutual fund schemes whose portfolio characteristic appears compromised. Also, avoid credit risk funds and corporate bond funds as they are likely to be more vulnerable amidst the financial crisis followed by COVID-19 pandemic. As a thumb rule: Choose mutual fund schemes from fund houses that follow prudent judicious investment processes and stringent risk-management systems. In these uncertain times, it would be wise sticking to liquid funds and overnight funds while considering debt funds. Our friends at Quantum Mutual Fund have highlighted the secret behind their debt management strategy which has helped them provide safety and liquidity to investors when it comes to investing in quantum funds. Don't Worry, Quantum Liquid Fund always aims for Safety and Liquidity. As with all financial matters, better be safe than sorry! PS: If you wish to select worthy mutual fund schemes, I recommend you to subscribe to PersonalFN's unbiased premium research service, FundSelect. Additionally, as a bonus, you get access to PersonalFN's popular debt mutual fund service, DebtSelect. Each fund recommended under FundSelect goes through our stringent process, where they are tested on both quantitative as well as qualitative parameters. Every month, PersonalFN's FundSelect service will provide you with insightful and practical guidance on equity mutual funds and debt schemes - the ones to Buy, Hold, or Sell. If you are serious about investing in a rewarding mutual fund scheme, Subscribe now! 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
mi 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
mi HDFC Mid-cap Opportunities Fund: Focusing on Growth through Quality By feeds.equitymaster.com Published On :: Tue, 5 May 2020 00:00:00 GMT Posted by Equitymaster Despite the rally we recently witnessed, the market mood continues to be sombre due to the pandemic crisis. FPI outflows from the Indian market persisted in the current month as well, while the recent fiasco at a popular fund house also dented investor sentiments. It is difficult to predict how this situation will unravel eventually. Though the pandemic has impacted both large and smaller sized companies, small and mid sized companies could be the most affected. However, quality names even in these segments could perform well over the long run. Therefore, you should stick to only quality names across different market capitalisation and invest via a well managed mutual fund that focuses on growth through diversification. HDFC Mid-cap Opportunities Fund (HMOF) is one such mid cap fund that looks to invest in mid cap stocks with sound financial strength and reasonable growth prospects. --- 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. ------------------------------ Graph 1: Growth of Rs 10,000 if invested in HDFC Mid-cap Opportunities Fund 5 years ago One of the most popular funds in the midcap category, HMOF's asset size is the largest as compared to its peers. However, HMOF has shown no constrain when it comes to delivering superior performance. The fund has a track record of generating above-average returns across market conditions. Over the last 5 years, HMOF has generated returns at 4.5% CAGR as compared to 1.9% CAGR generated by its benchmark Nifty Midcap 100 - TRI, thus generating an alpha of around 2.5 percentage points CAGR. The fund has made well use of diversification to mitigate downside risk and generate decent lead over the benchmark index. Table: HDFC Mid-cap Opportunities Fund's performance vis-a-vis category peers Scheme Name 1-year (%) 3-year (%) 5-year (%) Std Dev Sharpe Axis Midcap Fund -1.59 8.24 9.09 12.99 0.22 Invesco India Midcap Fund -11.6 0.54 6.89 15.17 0.12 DSP Midcap Fund -9.17 -0.78 8.39 14.62 0.06 Tata Mid Cap Growth Fund -13.59 -1.52 4.96 16.54 0.07 L&T Midcap Fund -17.37 -3.38 6.85 15.37 0.05 HDFC Mid-Cap Opportunities Fund -21.36 -5.32 4.54 15.11 0.01 ICICI Pru Midcap Fund -27.16 -7.35 1.86 14.72 -0.02 Sundaram Midcap Fund -23.59 -8.71 2.77 15.52 -0.03 Category Average -15.71 -3.5 4.38 14.62 0.05 Benchmark -25.38 -9.34 1.92 18.1 -0.03 Returns are point to point and in %, calculated using Direct Plan - Growth option. Those depicted over 1-Yr are compounded annualised.Data as on April 28, 2020(Source: ACE MF, PersonalFN Research) *Please note, this table only represents the best performing funds based solely on past returns and is NOT a recommendation. Mutual Fund investments are subject to market risks. Read all scheme related documents carefully. Past performance is not an indicator for future returns. The percentage returns shown are only for indicative purposes. Though HMOF has trailed some of the other popular peers in the mid cap category, it stands strong in the list of mid cap funds. The fund has constantly outperformed the benchmark by a noticeable margin across time periods. Some of the other top performers in the category are Axis Midcap Fund, Invesco India Midcap Fund, and DSP Midcap Fund. The fund has not only demonstrated its ability to generate superior returns for its long term investors, but has been reasonable when it comes to managing volatility and curtailing down-side risks. In terms of risk-adjusted returns, HMOF has outperformed its benchmark by a significant margin and also stays ahead of most of its peers. --- 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 ------------------------------ Investment strategy of HDFC Mid-cap Opportunities Fund Categorized as midcap fund, HMOF is mandated to invest minimum 65% of its assets in equity and equity related instruments of mid cap companies. Accordingly, HMOF invests in stocks of predominantly mid-sized companies, which have reasonable growth prospects at acceptable valuations. The fund also holds significant exposure in smallcaps along with moderate exposure in large caps as well as cash and debt. It follows the bottom-up approach to identify high quality businesses for the long term. The stocks are bought primarily for the strengths of company fundamentals rather than the strength of the macro-economic indicators. The fund manager resists from following market momentum and holds each of his high conviction stock for the long term. Graph 2: Top portfolio holdings in HDFC Mid-cap Opportunities Fund As on March 31, 2020,HMOF held 75 stocks in its portfolio, with no individual stock having exposure of more than 5%.Popular mid cap names like Aarti Industries, Balkrishna Industries, Trent, Ipca Laboratories, and Voltas, etc. appeared in its top portfolio holdings. The top 10 stocks constitute close to 32% of its assets. The fund's portfolio is primarily skewed towards Banking and Finance sectors which together constitute around 17% of the portfolio. Auto ancillaries, Pharma, Chemicals, and Industrial Products are the other prominent sectors with allocation of around 9-11% each. Suitability HMOF's performance over longer time periods has been commendable, where it has generated decent long-term returns for its investors as compared to the benchmark, though it has lagged behind some of its peers. Its focus on timely realization of growth potential of stocks at fair valuation can help it generate strong returns while also minimize the downside risk. However, its aggressive mandate makes it prone to high volatility. This makes HMOF suitable for investors with high risk appetite and a long term investment horizon. Editor's note: The last few years have not been among the best for equity mutual funds. While most funds have underperformed or are struggling to match the returns of the benchmark, there are few funds that have the potential to constantly generate alpha for its investors. And we have identified five such high alpha generating funds, in our latest report 'The Alpha Funds Report 2020'. Do not miss our latest research finding. Get your access to this exclusive report, right here! Note: This write up is for information purpose and does not constitute any kind of investment advice or a recommendation to Buy / Hold / Sell a fund. Returns mentioned herein are in no way a guarantee or promise of future returns. As an investor, you need to pick the right fund to meet your financial goals. If you are not sure about your risk appetite, do consult your investment consultant/advisor. Mutual Fund Investments are subject to market risks, read all scheme related documents carefully. Author: Divya Grover This article first appeared on PersonalFN here. Join Now: PersonalFN is now on Telegram. Join FREE Today to get 'Daily Wealth Letter' and Exclusive Updates on Mutual FundsPersonalFN 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
mi Sania Mirza and husband Shoaib Malik celebrate 10th wedding anniversary By www.mid-day.com Published On :: 13 Apr 2020 02:52:39 GMT India tennis ace Sania Mirza celebrated her 10th wedding anniversary along with husband and veteran Pakistan all-rounder Shoaib Malik on April 12, 2020. It was an auspicious day as it was also Easter Sania Mirza took to social media site Instagram to share a few pictures with her husband Shoaib Malik from their big day back in 2010. She also wished him a "Happy Anniversary". Sania Mirza also showed her fans a glimpse of her humorous side as she made a tongue-in-cheek statement in her post comparing the two contrasting photos by saying "Expectations vs reality". Sania Mirza wrote: Happy Anniversary @realshoaibmalik. A decade of being married looks like this!! Expectation vs reality. Swipe right for reality." Take a look at the post below. View this post on Instagram Happy Anniversary @realshoaibmalik ðÂÂÂÂÂÂð¤ A decade of being married looks like this!! Expectation vs reality ð ð Swipe right for reality â¡ï¸Â A post shared by Sania Mirza (@mirzasaniar) onApr 12, 2020 at 3:55am PDT Sania Mirza and Shoaib Malik tied the knot in April 2010 in Hyderabad in a grand manner. Sania Mirza gave birth to a baby boy named Izhaan in October 2018. After giving birth to her child in October 2018, Sania Mirza returned to the court in January 2020. She clinched the women's doubles title at Hobart International, pairing up with Nadiia Kichenok, in her comeback competition. Sania recently shared a photo of her son with a tennis racquet in hand, looking confused. "I am pretty sure he's thinking what the fuss is all about? #IzhaanMirzaMalik," Sania said in her Twitter post. Sania last played at the Qatar Open in February. She has helped raise Rs 1.25 crore in one week which will help close to 1 lakh people in need during the 21-day lockdown to fight the coronavirus pandemic. 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
mi COVID-19 impact: Nick Kyrgios to fulfil free food promise By www.mid-day.com Published On :: 13 Apr 2020 04:51:49 GMT Australian tennis star Nick Kyrgios has apparently followed through on a promise to help people going hungry in the coronavirus shutdown, with social media images showing boxes of essential items prepped for delivery. The controversial Kyrgios, infamously outspoken and known for his fiery on-court antics, said on Monday he would personally drop food on doorsteps after COVID-19 restrictions closed down entire industries, forcing huge numbers of people out of work across Australia. People queueing for welfare payments across the country have been likened to scenes from the Great Depression. "Please don't go to sleep with an empty stomach," Kyrgios, the world number 40, posted on Instagram Monday. "Don't be afraid or embarrassed to send me a private message. I will be more than happy to share whatever I have. "Even just for a box of noodles, a loaf of bread or milk. I will drop it off at your doorstep, no questions asked!" he said in a post that attracted almost 100,000 likes. His mother, Norlaila Kyrgios, posted on Instagram over the weekend a photo of a table laden with food -- including bread, fruit and canned goods -- with the caption "dining room or food distribution centre". Images of Canberra-based tennis star's Instagram stories shared on News Corp websites showed boxes of essentials captioned "deliveries in progress". It comes just months after the 24-year-old led a bushfire relief campaign that raised millions of dollars. Kyrgios gave Aus$200 (US$125) for every ace he hit across his home tennis summer, which ran until the end of the Australian Open. Other players and Australian Open organisers jumped on board the fundraising drive, also contributing large sums to people affected by the deadly fires. 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
mi COVID-19: Tennis star Grigor Dimitrov will be taking a course at Harvard By www.mid-day.com Published On :: 13 Apr 2020 04:55:29 GMT While sports stars across the globe are trying their hands at doing things they never got to do thanks to the Coronavirus lockdown, Bulgarian tennis star Grigor Dimitrov has revealed he will be taking up a course at the Harvard Business School soon. In a column for the ATP Tour website, Grigor wrote: "I'm starting a course at Harvard Business School in a few weeks. It's something I've always wanted to do. I loved being in school, but haven't had the chance to experience it to the extent that I would have wanted to. Now I have the time to do something new and different." Grigor, who is currently in California, USA, during quarantine, added: "I decided to stay on the west coast of the US once it was announced that Indian Wells was cancelled. Tennis players are creatures of habit, so I still make sure to structure my day. Go to bed on time, wake up early, be productive in the morning. I'm a crazy fanatic when it comes to laundry and have been doing that twice a day." 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
mi COVID-19: Sania Mirza waiting to get back to tennis court! By www.mid-day.com Published On :: 15 Apr 2020 06:31:13 GMT With the world coming to a standstill due to the coronavirus outbreak, sporting events across the globe have either been cancelled or suspended and Indias star tennis player Sania Mirza cannot wait to go back to the tennis court. Taking to Twitter, she wrote: "Waiting to play tennis again like." Earlier, Sania had made her displeasure known as there has been a rise in the number of 'cooking' posts that celebrities are putting out on social media as they stay indoors to fight the coronavirus outbreak. Sania feels posting such pictures in these times is unwanted. Waiting to play tennis again like ð¾ â³ð¸- @avigowariker pic.twitter.com/RUZaNRjHHf — Sania Mirza (@MirzaSania) April 14, 2020 Taking to Twitter, she wrote: "Aren't we done with posting cooking videos and food pictures yet ? Just spare a thought - there are hundreds of thousands of ppl, specially in our side of the world starving to death and struggling to find food once a day if they are lucky." After giving birth to her child in October 2018, Sania returned to the court in January this year. She clinched the women's doubles title at Hobart International, pairing up with Nadiia Kichenok, in her comeback competition. Sania recently shared a photo of her son with a tennis racquet in hand, looking confused. "I am pretty sure he's thinking what the fuss is all about? #IzhaanMirzaMalik". Sania said in her Twitter post. Sania last played at the Qatar Open in February. She has helped raise Rs 1.25 crore in one week which will help close to 1 lakh people in need during the 21-day lockdown to fight 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
mi David Beckham is my style icon, reveals tennis star Jamie Murray By www.mid-day.com Published On :: 16 Apr 2020 04:03:42 GMT British tennis star Jamie Murray, 33, believes that he's the most fashionable person in his family. Jamie, the elder brother of former British No. 1 Andy Murray, 32, recently signed on as the brand ambassador for Edinburgh-based Andrew Brookes Tailoring. Jamie hailed England football legend David Beckham's fashion sense. "David Beckham is my style icon. He always has his game face on. I'm sure a lot of effort goes into making sure he looks on point," said Jamie in an interview to The Herald Scotland. About his own style, Jamie said: "[My style is] Pretty casual. With travelling so much, there's a limit to what you can take in your suitcase. I tend to keep it quite simple with jeans and sneakers, some t-shirts and hoodies." 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
mi 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
mi COVID-19 lockdown: Tennis babe Ashleigh Barty is happy for family time By www.mid-day.com Published On :: 28 Apr 2020 02:45:49 GMT Australia's World No. 1 tennis ace Ashleigh Barty, 24, likes to see the positives in life even in the most negative situations. The French Open champ, currently at home Down Under due to the Coronavirus-caused lockdown, says there is no point in stressing over the uncontrollables. "Everyone is in a unique situation, depending on what country they're from and all the governing bodies making different decisions. It's not a time to worry or stress about because it's something out of our control. There's always a silver lining, there's always something we could be grateful for, to be happy about. For me, it's being able to spend time with my family," Ashleigh told the WTA Tour website. Meanwhile, Ashleigh has kept in touch with some of her friends on the Tour. "I spoke to Kiki [Bertens] and Jule [Goerges] and Simona [Halep] and Petra [Kvitova]. It's just to check it they and their families are fine. Firstly, it's always about health and looking after yourself and your family, and then sports is a bonus. This is a time where we can really appreciate the little things." 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
mi COVID-19 impact: Rafael Nadal 'very pessimistic' about return of tennis By www.mid-day.com Published On :: 28 Apr 2020 02:51:35 GMT Rafael Nadal said on Sunday that he was "very pessimistic" over a full resumption of the professional tennis circuit which has been halted by the coronavirus pandemic. "From my point of view, I'm very pessimistic that the circuit can resume a normal activity," said the world number two in a virtual chat origanized by the Spanish Federation of Tennis (RFET) involving the team that won last year's Davis Cup. "In tennis, you need to travel every week, stay in hotels, go to different countries," Nadal said. "Even if it we play without an audience, to organise any event you need a lot of people involved, which cannot be ignored. At an international level I see a serious problem." Nadal said he hoped that restrictions can be relaxed gradually, but added that he was aware that the global health situation is serious. "We have had a very tough month and a half, with many irreparable losses as well as others that are less important that will still bring great suffering to society, I hope only for a few months, at the economic level," he said. "Many people are going to lose their jobs." "These are sad moments when you see so many people dying," he said. Nadal had already told Spanish radio that he thought it would be "difficult" to stage one of the majors "in the short or medium term." Nadal has been working with his friend Pau Gasol, the Spanish basketball player, to raise funds in the fight the coronavirus. Along with other leading tennis players such as Roger Federer and Novak Djokovic, Nadal is one of the promoters of a plan to create a fund to help low-ranked players who are suffering financially. 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
mi Sania Mirza becomes first Indian to be nominated for Fed Cup Heart Award By www.mid-day.com Published On :: 1 May 2020 07:48:42 GMT Tennis star Sania Mirza on Thursday became the first Indian player to be nominated for the Fed Cup Asia/Oceania Group I Heart Award. Former world number one and multiple Grand Slam winner, Sania, returned to Fed Cup competition for the first time since 2016 and guided Team India with her stunning performance, recording three doubles wins in the Asia/Oceania Group I tournament earlier this year in March. Her performance, along with another senior compatriot Ankita Raina, proved decisive in India's historic qualification to the Fed Cup Play-offs. Reflecting on her nomination, Sania said the Fed Cup result at the Asia/Oceania tournament is one of the greatest achievements of her playing career. "Stepping on to the court for the first time in India colours was a moment of pride for me, back in 2003. It has been an eighteen-year long journey since then and I feel extremely proud and privileged to have contributed to the success of Indian tennis. The Fed Cup result at the Asia/Oceania tournament last month is one of the greatest achievements of my playing career. These are the moments an athlete plays for and I am grateful to the Fed Cup Heart Awards selection panel for this recognition" Sania said in a statement. The Fed Cup Heart Award is an International Tennis Federation (ITF) initiative that was established in 2009 to recognize Fed Cup players. This year, six players have been nominated for the three regional Group I Fed Cup Heart Awards. In Fed Cup Heart Award's 11th edition this year, Priska Madelyn Nugroho of Indonesia is the second player nominated from the Asia/Oceania region. They are joined by Anett Kontaveit (Estonia) and Eleonora Molinaro (Luxembourg) from Europe/Africa; Fernanda Contreras Gomez of Mexico and Paraguay's Veronica Cepede Royg from the Americas, as the remaining four regional Group I nominations. The winners of the Heart Awards will be determined by online voting by fans which will go live on 1st May and will go on until 8th May. In 2019, Zarina Diyas from Kazakhstan emerged victorious from Asia/Oceania Group I. 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
mi ATP, WTA raise USD 6 million for Player Relief Programme By www.mid-day.com Published On :: 7 May 2020 02:34:02 GMT A fund for tennis players hardest hit by the coronavirus pandemic has been created, the sport's governing bodies announce, adding that they had contributed more than $6 million (5.3 million euros). In a joint statement, the ATP and WTA tours, the International Tennis Federation and the four Grand Slam tournaments -- the Australian Open, Roland-Garros, Wimbledon and the US Open -- said the Player Relief Programme will support those "who are facing unprecedented challenges due to the global impact of COVID-19". With the tennis season suspended until at least July 13, some "800 ATP/WTA singles and doubles players" are in need of financial support, the statement continued, with eligibility for the fund determined by a player's ranking and previous prize money earnings. The fund can also be donated to via initiatives including auctions, player donations and virtual tennis games, added the governing bodies, who last month announced talks about creating the programme. The virus has caused havoc to the calendar, with Wimbledon cancelled for the first time since World War II and the French Open postponed until the end of September. The United States Tennis Association will decide in mid-June whether or not the US Open will take place in New York. However despite the financial difficulties facing hundreds of players, the idea of a relief fund was dismissed by world number three Dominic Thiem, who said last month he would not give lower-ranked players his money."Quite honestly I have to say that no tennis player will be fighting to survive, even those who are much lower-ranked," Thiem said, speaking of a separate fund idea revealed by Novak Djokovic. "None of them are going to starve ... I would rather give money to people or organisations that really need it." 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
mi Spanish club sorry for letting Novak Djokovic train amid lockdown By www.mid-day.com Published On :: 7 May 2020 02:35:19 GMT The tennis club where Novak Djokovic broke confinement rules in Spain has said it mistakenly allowed the top-ranked Serb to practice and apologized for the error. Djokovic published a video of him training on Monday in apparent violation of Spain's current rules amid the coronavirus pandemic. The video posted on Instagram showed Djokovic exchanging shots with another man at the club in the coastal city of Marbella, where the Serb has been staying for the past several weeks. Djokovic filmed the video while hitting shots and wrote he was "so happy to play on clay .. well, just for a bit with my phone in the hands. Spain has eased some of the lockdown measures that had been in place since mid-March, allowing professional athletes to return to practice, but most training centers and sports facilities must remain closed until next week. We are sorry that our interpretation of the regulation could have been erroneous, and this could have inconvenienced Mr. Djokovic or any other citizen acting in good faith," the Puente Romano Marbella Tennis Club said in a statement. The statement, which was relayed by Djokovic's management team, said the club received a request from the player to practice and gave him the go-ahead with the "understanding that from May 4 all professional sports players were authorized to train." The club said it therefore believed he was "permitted to train in our facilities." It said it later received a "clarification" from the Spanish tennis federation and "both parties have agreed that training should resume" only next week. Rafael Nadal said he also went to train on a court this week, but he did it on private property because the rules weren't fully clear to him. Soccer players were among the exceptions who could start training inside sports facilities beginning this week. Spain has been one of the countries most affected by the pandemic but it started loosening some of its restrictions on movement as the number of confirmed cases of COVID-19 started to go down recently. The nation went into a lockdown on March 14. Djokovic recently said he was against taking a vaccine for the coronavirus if it became mandatory to travel once the pandemic subsides, though he later said he was open to changing his mind. 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
mi Sania Mirza: Coaches should be sensitive to 'hormonal changes that girls go through' By www.mid-day.com Published On :: 7 May 2020 04:30:34 GMT Tennis ace Sania Mirza said that one needs to be more sensitive while coaching young female sportspersons. Speaking in the All India Tennis Association and the Sport Authority of Indias digital Coachs Education webinar on Wednesday, Sania said that coaches need to be sensitive of the hormonal changes that girls go through while working with them. "My dad always tells me that to work with a woman tennis player is a lot trickier and a lot more mental because I do think that there are a lot of issues that girls go through, especially when they are adolescent," said Sania. "There are so many changes that are happening, internally in your body and externally as well. You are trying to be the best tennis player that you can be while there are so many hormonal changes happening as well, and it happens throughout the life of a woman. "You can be a little bit more sensitive to their needs and the way they are because a lot of the times they are just trying to discover who they are, while they are also trying to be a tennis player. It can be a pretty tough job." 33-year-old Sania made her comeback to tennis this year after giving birth to her first child. She won the Hobart International in January before playing an integral role in helping India seal a historic playoff spot in the Fed Cup. "Just the way I have managed everything else, I could manage both tennis and motherhood. I am lucky enough to have enough help around me as well, that is a huge plus point for me. My mom and my sister have played a huge part in giving me as much help as possible," said Sania on being asked about how she is managing the twin-role of mother and professional tennis player. "A lot of people questioned it even when I was trying to make that comeback, how did you find time to lose so much weight. There's so much that happens with your body after you give birth. You just have to, sort of, adapt, find a way to take out two hours from your day to work-out and try to find that balance. It's also good for your own sanity as well, to find time for yourself." 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
mi Tennis star Dmitrii Baskov turns hero to feed poor in Ahmedabad amid COVID-19 By www.mid-day.com Published On :: 8 May 2020 03:30:51 GMT Moldovan tennis player Dmitrii Baskov has been hailed as an Indian hero after joining a campaign to feed Ahmedabad's poor, who are struggling during the COVID-19 pandemic. The Davis Cup player arrived in India in January to visit a tennis academy before the advancing pandemic prevented him from returning home. Dmitrii, 25, once a hitting partner for Wimbledon champion Simona Halep, has since been helping out by packaging food for the needy in Ahmedabad. He is among a team packing bread, rice and other dishes at the Ace Tennis Academy, destined for the city's slums and containment zones. "My friend Pramesh Modi mentioned this [idea of feeding the poor] and I said yes, sounds great and the next day we did it and it continued day after day," said Dmitrii. "He is an Indian hero and could be a role model for a number of Indians who have not come out of their houses to even help out in one way or the other," said Mitul Parikh, who packs food alongside Dmitrii. 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
mi Sania Mirza explains Mitchell Starc 'joru ka ghulam' tweet: Much deeper issue By www.mid-day.com Published On :: 8 May 2020 06:15:28 GMT Tennis ace Sania Mirza spoke about the tweet she put up in March when Australian fast bowler Mitchell Starc missed an ODI match to watch his wife and women's cricket star Alyssa Healy play the T20 World Cup final at the Melbourne Cricket Ground. Sania, who is married to former Pakistan captain Shoaib Malik, tweeted: "Sure thing !! God forbid it would be a guy from the subcontinent, the guy would be called a ‘joru ka ghulaam' in one second ?? good on you Mitchell ???? couple goals for sure!!" Sania on Thursday explained that she was speaking about the abuse that she or Indian actor Anushka Sharma face whenever their husbands miss out on the field. Anushka is married to Indian captain Virat Kohli. "It (Tweet on Starc) was funny because me and Anushka probably relate to this the most," said Sania in a video interaction with Indian cricketers Jemimah Rodrigues and Smriti Mandhana on their Youtube chat show "Double Trouble." "I think whenever our husbands perform, it's because of them and when they don't it's because of us. I don't know how that works," she said. Sania said that the phenomenon points to a deeper cultural issue. "We are saying it as a joke but I think there is a much deeper issue. The deeper issue is that a woman can always be a distraction and not a strength. "That's a cultural issue we have to deal with. Oh ‘if your girlfriend is there or your wife is there, he must be distracted because he is going out for dinner'. That doesn't even make any sense. "When he (Starc) went back to his wife to watch the World Cup final and everybody was hailing him, I was trying to just picture Shoaib doing that for me and I was like, hell would have broken loose if that would have happened. "They would have said that he is such a joru ka ghulam, he is going and watching a women's cricket match. I just felt it. Sometimes humour also brings out the truth in many things. "Anushka and I had a long conversation about it. We both were like, my goodness this is so true." 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
mi Roger Federer was advised not to date wife Mirka By www.mid-day.com Published On :: 9 May 2020 04:07:32 GMT Former chief of the Swiss Tennis Federation, Sven Groeneveld has revealed that tennis champ Roger Federer was advised not to pursue his now wife, Mirka Vavrinec, when he first met her at the 2000 Olympic Games in Sydney. Mirka, who was also a professional tennis player and part of the Switzerland squad in Sydney, went on to partner Roger at the 2002 Hopman Cup. However, in 2000, Roger's friends were initially against him getting together with her. "Roger asked everyone if he should go out with her. Everyone advised him against it. But as Federer did it, now it shows that it was the best decision of his life," Sven said on former tennis player Christopher Kas's online show, Kasi Live. Mirka eventually retired from tennis in 2002 due to a foot injury. Roger and Mirka got married in 2009 and have two sets of twins, daughters Myla and Charlene, nine, and sons Lenny and Leo, five. 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
mi 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
mi Must Read: Mini Mathur and daughter Sairah's life-changing trip to Europe By www.mid-day.com Published On :: 18 Mar 2018 10:10:10 GMT "I feel second-borns don't get enough time with their parents, and are always jostling for space, so I had always planned a trip with Sairah," says former VJ and host Mini Mathur, of her show Mini Me, which has her traipsing around six European countries with her seven-year-old daughter. "In everyday life, kids get to know only a routinised version of you. But, when you travel, they see the real you. Now, she sees me as someone who can do anything - I am cool!" Mathur and her daughter vowed to stay away from a touristy itinerary, and planned on getting the local flavour right - "so we travelled by train, air, cruise, cycle, and stayed everywhere from a vineyard and a luxury hotel to a youth hostel." Here, she recalls four experiences that she recommends every parent should try with their child. "The main thing to note is that one doesn't need to only go to kid-friendly places to have fun. Try new things and put your children in charge." For example, in Athens, Mathur gave her daughter the map and told her to navigate their way through. "We got lost, but then finding our way was also such an adventure. I now don't look at her as a child, but a best friend." Eat, Eat, EatA lot of this trip centered around food. In Dubrovnik, Croatia, Sairah ate mussels for the first time. Initially, she exclaimed, "I don't eat creatures!" She is a very dal-chawal, vanilla ice cream girl, so I wanted her to try everything. In Rome, I told her to taste all flavours, and then if she still liked vanilla, it would not be because she didn't have options. In Venice, we sat at a farmer's market one day and just sampled cheese and meats all day. And in Barcelona, we ate paella! Cycle through a cityLucca, in Tuscany, is a walled city, surrounded by double walls on all sides. We got one of those adult-and-child bikes and rode all around the city. I had never got a chance in India to teach her to cycle, and so Lucca became that place. The weather was great and the whole experience was an exhilarating one. Living on a VineyardIn Rome, instead of doing the same old things like going to Trevi Fountain, we decided to live on a vineyard in Tarquinia, a tiny old city in Italy. We stayed with a family whose business is to make wines. And then his wife would cook all these different types of pastas for us. Sairah got to taste her first wine as well, as the winemaker said it's a tradition in Italy that the youngest child has to taste the first wine of the harvest. Well, when in Rome, do as the Romans do. Whenever Sairah remembers this, she wouldn't have a memory from a textbook, but will recall this from experience. Pizza chase in NaplesWe made a list of the top pizzerias in Naples (the birthplace of the Pizza Margherita) and went to taste each pizza, all in one day. The places were spread out, so we travelled by train. I discovered that my daughter is a Pizza Margherita connoisseur. At one place, I said that I thought the pizza tastes off, and she said yes, the sauce is undercooked! It was a learning experience. >> There are direct flights from Mumbai and Delhi to every major city in Europe>> Mini Me airs on TLC every Friday at 9 pm Catch up on all the latest entertainment news and gossip here. Also download the new mid-day Android and iOS apps to get latest updates Full Article
mi Tourism among five sectors to exploit on mission mode in northeast By www.mid-day.com Published On :: 10 Apr 2018 12:05:25 GMT Representational picture Agartala: The first meeting of the 'Niti Forum for North-East' (NFNE) on Tuesday chosn five sectors including tourism and food processing to exploit them on mission mode basis to accelerate inclusive and sustainable economic growth of the region, said NITI Aayog Vice Chairman Rajiv Kumar. Union Minister for Development of North Eastern Region (DoNER) Jitendra Singh, in a significant announcement, also said that henceforth 100 per cent funding would be made by the Central government for central sector projects in the eight northeastern states, which were earlier being undertaken on the basis of centre-state sharing in the ratio of 90 :10. "In the first meeting, NFNE has identified five sectors to exploit them on mission mode basis to speed up inclusive and sustainable economic growth of the northeastern region," Rajiv Kumar told the media after the meeting. The other sectors are bamboo, horticulture and 'Made in Northeast'. Rajiv Kumar said that the focus of development and infrastructural projects in the northeastern region would be based on the concept of "HIRA" -- Highways, Inland Waterways, Railways and Airways as conceptualised by Prime Minister Narendra Modi. The NITI Aayog Vice Chairman and DoNER Minister are Co-Chairmen of the NFNE constituted last month following Modi's direction to supplement the functioning of the DoNER ministry and North Eastern Council (NEC). On the new funding pattern for central sector projects, Jitendra Singh said that this will only be applicable to the eight northeastern states, unlike the earlier 90:10 funding pattern which was in force for 11 special category states - which also included Himachal Pradesh, Jammu and Kashmir and Uttarakhand. He said the infrastructure of the northeastern region, which had been neglected for 65 years, had got a boost under the NDA government, with utilisation of funds increasing to Rs 30,000 crore in the last financial year from Rs 24,000 crore in 2014-15 fiscal. Singh said that for the development of highways and roadways and tourism sectors, two separate corporations were formed and to boost the industrialisation of the region, the "North East Industrial Development Scheme" was finalised last month by the union cabinet with the financial outlay of Rs 3000 crores up to March, 2020. He said that under the UDAN phase two and phase three, all the northeastern states would be connected by airways and the region's connectivities with the neighbouring countries would be further developed. Chief Ministers, Deputy Chief Ministers, Planning and Coordination, PWD Ministers of Tripura, Meghalaya, Nagaland, Mizoram, Arunachal Pradesh, Sikkim and Assam and top officials of all the eight northeastern states and various Central ministries attended the day-long NFNE meeting. Rajiv Kumar said that 14 districts of eight northeastern states among the 115 most backward districts across the country and dubbed as "aspirational" districts, identified to accelerate the all-round development. Of the 14 districts, seven are in Assam and one each in remaining seven states - Tripura, Meghalaya, Mizoram, Arunachal Pradesh, Nagaland, Manipur and Sikkim. 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
mi Mumbai band Aankh Micholi tells you why Kashmir should be on your travel list By www.mid-day.com Published On :: 15 Apr 2018 02:44:47 GMT Some of the band members saw snow for the first time in Gulmarg It's rare for a young band, new on the scene, to get the traction that the Mumbai-based Aankh Micholi has got in the last year. Formed in 2015 at the True School of Music, the alternative folk fusion has been performing all over the city and country in 2018, gathering praise for their soulful music, which they describe as "a marriage between powerful lyrics and compelling storytelling". Recently, the five members - Osho Jain, 23, Bharat Chandore, 20, Pankaj Pathe, 26, Akshay Dabhadkar, 21, and Hansel Dias, 23 - performed at Winterfell Café in Srinagar, which is known for musical performances. The band also used a sled as a percussion instrument "We had heard about the café and we just took a chance and called them, and said, 'would you like to host us?', and they couldn't have been happier. They also told us that we were the first non-Kashmiri band to have played in the Valley. The band, Parvaz, had performed before us, but all its members are Kashmiri," Jain tells us. We asked the band why they think the Valley should be our next travel destination and this is what they had to say. And sang a few songs, which they shared on Facebook 'The people are amazing'We literally haven't met better people ever before. Firstly, at the café, which takes its inspiration from the Game of Thrones, a crowd of over 50 turned up, which is great for that area. This café has a lot of things happening all the time - open mics, storytelling, all performance-based art. The music that we were playing was very different from the kind of music they are exposed to, which is basically Kashmiri folk music. This was very new to them, but they just loved it, and responded with such gusto. People are just nice everywhere you go, and help is at hand whenever you need it. A select few airlines offer direct flights from Mumbai to Srinagar, or you can fly to Delhi and take a connecting flight As soon as we landed, we just dumped our bags at our hotel, and headed to the Dal Lake. We then sat in the shikaras, and started playing our guitars and singing our original songs. We were entertaining people, and they were loving it. After a while, people joined us in the singing. It was one of our most overwhelming moments. The snow is magicalOn the second day we were there, we headed to Gulmarg. It wasn't supposed to snow that day, and hasn't snowed for the last 20 days. But, as soon as we got there, it started snowing, and even the locals were surprised. Some of us had never seen snow before. We were on the slopes and we were sledding. We also used the sled as a percussion instrument, and sang a few songs as we did a Facebook live from the slopes. Binge on Kashmiri Noon chaiSince most of were vegetarian, food was a bit of an issue. But, we all fell in love with the kahwa. That sweet, sweet tea, really hit the spot in the cold. We also sampled the Kashmiri noon chai, also called sheer chai, gulabi chai, which is a traditional tea made with salt, milk and baking soda. It's very different to taste, and it would be right to say that it's an acquired taste. But we loved it. 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
mi Aamir Khan puts all his energy into a film: Amit Trivedi By www.mid-day.com Published On :: 07 Oct 2017 06:52:12 GMT What pushes you to include indie sounds in film music?It's exciting. We hear so much of template music each day. It sounds too similar, and gets boring eventually. Indie music gives you the edge to experiment and push the envelope. I follow my instinct. Singer-composer Amit Trivedi What will we hear at your performance at The Red Bull Tour Bus-Off The Roof gig?I make alternate and mainstream Bollywood music, and you'll hear more of alternate sounds at this gig. I'll play music from Udaan, Lootera, Dev D and even Rukh [an upcoming film starring Manoj Bajpayee]. Mainstream songs will include tracks from Ayesha, Ishaqzaade and Shaandar. Divya Kumar, Arun Kamath and Yashita Sharma will accompany me. Expect a bit of Coke Studio-kind of sound as well. What was it like working on Secret Superstar and Rukh? And exchanging notes with Aamir Khan?I dealt with two different worlds. While Secret Superstar is the story of a mother and daughter, Rukh is the story of a father and son. The songs in Secret Superstar are from a 15-year-old's viewpoint. They are light and breezy; it can't be party music. Now, this is something important - a lot of people complain on social media about their dislike for a song. What they don't understand is that we make music for cinema, which is storytelling and where characters are involved. It is not necessary that every film needs to have a blockbuster song. And that's the beauty of Aamir Khan [producer of Secret Superstar]. He puts all his energy into every aspect of the film. Usually, the songs that get popular are romantic or melancholic, or club songs; this film has none of it. Do you take social media seriously?Earlier, there was a gap between the celebrity and the audience. Now, it's seamless. Everybody has a phone and an opinion. And this access is taken for granted. People say whatever sh*t they want. So, I just look at the good side of it. Bombay Velvet was a commercial disaster but till date, I get good reviews for the music. Tell us about your interest in folk music.When I was a kid, my mom would sing a lot of Gujarati garba songs. The environment [to nurture music] was appropriate. I've got many favourites - Tara Vina Shyam, Kaho Poonam Na Chand Ne, Sonal Garbo Shire, Ek Vanjari Julan Julti Thi, Krishna Bhagwan Halya Dwarika Ne. On: October 14, 5 pm onwardsAt: PJ Hindu Gymkhana, Marine LinesLog on to: www.insider.in Entry: Rs 500 Full Article
mi Mikey McCleary and Natalie Di Luccio, two expats in Bollywood bond over lunch By www.mid-day.com Published On :: 05 Dec 2017 04:14:29 GMT When we reach a swish Bandra restaurant at the exact hour scheduled for lunch with Natalie Di Luccio and Mikey McCleary, we find Natalie already seated there. Mikey, though, hasn't arrived yet, and this leads to inevitable jokes about 'Indian Standard Time'. But to be fair to the New Zealander, he reaches only a few minutes later and immediately hits it off with Natalie, whom he knows from before. But the two haven't met in a while, their individual projects having kept them too busy to find the time. Mikey, 48, is a composer who dabbles in Bollywood projects such as Shaitan (2011) and most recently Ribbon, which released last month. Natalie, a 28-year-old Italian-Canadian, has made a mark in Bollywood too, as a playback singer in films like English Vinglish and Chennai Express. A Hindi video in collaboration with Raghu Ram is also just around the corner. She's recovered from an appendicitis operation only a few days ago, she tells us, and explores the menu with Mikey before they settle down for an engaging conversation. Mikey McCleary and Natalie Di Luccio at a restaurant in Bandra West. Pics/Shadab Khan Shunashir to Natalie: How did your relationship with India begin?Natalie: Well, I remember I was in the library in McGill (a Canadian university where she studied) around 2009 and I had all my songs on Myspace at the time. I don't know if you remember Myspace?Shunashir: I do remember it.Mikey: Yeah, I do too.Natalie: So this is then, okay? And I got a message on Myspace from someone from India, who said, "Hi, we'd like you to come to India and record on this fusion album on the chakras." But the whole thing didn't make sense to me at the time. So, I said, "Thanks; yeah, maybe one day." But I didn't know who that album was by. Long story short, they messaged me again and said, "Can you do some recording for us from Canada?" and I said, "Okay." Two months later, I get back home from school in Quebec and there's a CD in the mail; it's Sonu Nigam's Maha Ganesha album, which is what I sung for!Mikey: Wow. Shunashir: Yeah, wow. And how was it for you, Mikey?Mikey: My relationship with India actually began because I was born here, in Chennai. My parents were missionaries in the country, in Andhra Pradesh. But anyway, let's fast forward. I moved to New Zealand when I was five years old, did my schooling there, got into music, moved to London and got a studio there. And one day, somebody knocks on the door of the studio, some Indian fellow, and says, "Hi, I'm your new brother-in-law." And this guy is Lucky Ali.Natalie: Oh my gosh!Mikey: Yeah, but he hadn't released anything then, so he wasn't known as a singer. He had come to do some sort of recording in Watford and said, "Can I come in and maybe, we can do some music together?" So, I said, "Okay, come back over the weekend," and that's how we recorded a couple of songs, Oh Sanam and Sunoh.Shunashir: ...Which kind of changed the Indi-pop game at that point of time, at least in terms of videos.Mikey: Right. And the Oh Sanam video was shot in Cairo, at the pyramids. And the woman who was dressed in the purdah, with everyone in India wondering who this person with blue eyes in Lucky Ali's big hit song is — that's my sister!Natalie: That's so funny, and really cool. (The food — poached pear and blue cheese salad, grand chicken Caesar salad, meatballs in creamy sauce and pizza American — arrives)Mikey: Have you noticed how so many Mumbai menus suddenly have watermelon and feta salad?Natalie: I think it's a Greek combination and you're right, it's everywhere now. But the pizza in Italy (which is where part of her family is from) is totally different from the one we get in Mumbai. They have less ingredients and the main thing is always the tomato sauce. You can tell the restaurant by its tomato sauce. Shunashir: Have you not taken to Indian food?Natalie: No, no. It's not that. But I am fonder of North Indian food because I find that it's a little sweeter in general, all your butter chickens and navratan kormas. And I think North Indian food is pretty much what you mean by Indian food elsewhere in the world, right?Mikey: Well, do you know what the national dish in the UK is? Shunashir: It used to be chicken tikka masala, but I'm not so sure about now.Mikey: I think it still is. By "national dish" they mean the most commonly ordered dish in restaurants.Natalie: I don't know why it is, but when I'm at home here, I don't like having cooked food as much. Maybe it's the weather?Mikey: Yeah, it could be. You'll also see that countries that are hotter actually have more chilli in their food. That's because it's counter-intuitive. Chilli kind of cools you down, and brings the heat out.Natalie: It's so funny how that works. Catch up on all the latest Mumbai news, current affairs from Mumbai, local news, crime news and breaking headlines here Download the new mid-day Android and iOS apps to get updates on all the latest and trending stories on the go Full Article
mi This photographer is requesting strangers in Mumbai to smile for ongoing project By www.mid-day.com Published On :: 16 Dec 2017 06:38:48 GMT On a Wednesday morning, the cottages that line St Roques Road in Bandra bask in the winter sun. The lane is quiet, except for the occasional bark of a pet or scooters zooming off into the nearby Ranwar village. As a taxi driver wipes the dust off his kaali peeli, Jay Weinstein approaches him with a camera in tow. He doesn't ask for his name, ethnicity or life story; only for a couple of photographs. Seeing him puzzled, the Australian-origin photographer breaks into crisp Hindi, "Main kahin bhi jaata hoon, anjaane logon ki tasveer banata hoon [Wherever IâÂÂÂÂgo, I make images of strangers]." Hearing the familiar language, the driver is game to play the subject. First, he's asked to wipe the expression off his face and stand next to his cab. Satisfied with the shot, Weinstein tells him, "Ab muskuraiye [now smile]," and captures his wide grin on camera. The interaction lasts only for a few minutes but we spot the driver smiling even after Weinstein's DSLR is back in his bag. Jay Weinstein documents the smile of a taxi driver in Bandra. Pics/Bipin Kokate This connection forms the essence of the 38-year-old's ongoing photography project, So I Asked Them to Smile (SIATS). Over the last two years, Weinstein has shared 250 portrait pairs - non-smiling and smiling frames of kids and adults from all walks of life - on digital platforms. Next week, he will display 30 most compelling frames for the first time at an exhibition. The photographer shows the images he takes to each subject The backstoryIt was a trip to Bikaner in 2013 that gave birth to this project. When Weinstein raised the camera to photograph a man with a wispy beard, he was greeted with a stern look. Miffed, he turned away, only to hear the man urging him to take his picture. "We make judgments about strangers in binaries as friendly-unfriendly or good-bad. These are rarely accurate. The idea is to change the way we view a stranger, and see how their smile changes our assumptions," says the US-born photographer, who spent his growing up years in Vrindavan, studied recreational sports coaching in Australia and returned to Mumbai in 2004 to pursue acting. "He was jumping around in the water with a friend one afternoon, as I wandered down Juhu Beach," says the photographer Soon, he ventured into advertising, and rekindled his love for travel and photography. "It gave me a reason to notice things that we walk past, and start conversations with strangers,"âÂÂÂÂsays Weinstein, who considers the art meditative. "The calmer you are, the more of the outside world you notice." "She was exploring the stunningly restored Kaiyuan temple complex one evening, with her daughter in Quanzhou, Fujian, China" Say cheeseFor the last few years, he has turned a full-time traveller and spends most of his time in India. "I love Mumbai but when you step out, you realise how different the rest of India is," shares Weinstein, who has visited Meghalaya, the interiors of Maharashtra, Orchha in Madhya Pradesh and the coast of Kerala, where he found his subjects to be camera-shy. "In rural areas, I also had to translate 'smile' as 'daat dikhaao' since they don't understand the meaning of muskurana." Language also poses a barrier in non-English speaking countries. "In China, instead of 'say cheese', they say 'chetz', which means eggplant," he laughs. What's the next country on his wishlist? "Pakistan. The project's initial followers were Pakistanis. I assumed they wouldn't be happy seeing these photographs but realised where else would they have seen images of Indians as humans, without an agenda. Indians don't get to see their photographs this way either." From: December 20 to 26, 11 am to 7 pmAt: Jehangir Art Gallery, Kala GhodaCall: 8828472412 Go click-happy here>> Homi Modi Street in Fort>> Industrial estates in Lower Parel >> Village neighbourhoods like Chuim and Chimbai in Bandra West Portrait-making tipsWhile there is enough information about how to get your technique right, I'd suggest you interact with your subjects and treat them with dignity Catch up on all the latest Mumbai news, current affairs from Mumbai, local news, crime news and breaking headlines here Download the new mid-day Android and iOS apps to get updates on all the latest and trending stories on the go Full Article
mi This year, Dhaka Art Summit is set to address contemporary issues of Bangladesh By www.mid-day.com Published On :: 21 Jan 2018 06:19:09 GMT Studies in Form-Akbar Bhavan-20 from a series of cyanotype prints by artist Seher Shah and photographer Randhir Singh A Summit can be anything you want it to mean, and we re-define it every time. Just when you think you have figured it out, we alter our course. You might think you know what the 2020 Dhaka Art Summit might look like, but we hope to add further surprise," says Diana Campbell Betancourt. At the age of 33, Betancourt is the third time artistic director of one of Asia's most important art events, the Dhaka Art Summit, set to open on February 2. Betancourt, who used to be based out of Mumbai, has been at the fore of bringing contemporary voices in art from Asia to the biennial event, which is now in its fourth edition. Joined by guest curators, Betancourt has brought over 300 artists across 10 curated exhibitions. We ask her what's different this time. Edited excerpts from the interview: Bangladesh as centre2017 was an important year as it marked 70 years of independence for both India and Pakistan. In 1947, however, what is now Bangladesh was still effectively a colony of Pakistan. Usually viewed as the poorer younger brother of these two countries, we saw the need to put Bangladesh back at the centre of its cartography. We want to shift the narrative away from India-Pakistan. We are looking at the trade and cultural connections that Bangladesh had with the Middle East and Southeast Asia, rather than only looking at South Asia. There are fewer Indian artists this time around, and we have more artists from Thailand and Myanmar and Singapore as we've shifted our focus further east. The Summit is not a nationalist exercise, so we are able to address the slippages across borders. We are also exhibiting one of Mrinalini Mukherjee's hemp sculptures in Bangladesh for the first time, through the support of the Kiran Nadar Museum of Art and the Mrinalini Mukherjee Foundation, which draws connections to Bangladesh via the jute and textile trades which interlink its history with the rest of the world. Diana Campbell Betancourt. Pic/Noor Photoface Making more roomThis time we have extended the Summit from four days to nine. There was a lot of local demand the last time. We saw 1,38,000 visitors in 2016. This year, we have split the weekends for different kinds of crowds. Special focus on Sri LankaWe believe that just as Bangladesh is left out of global dialogue, Sri Lanka is even more excluded. The show, titled One Hundred Thousand Small Tales, is curated by Sharmini Pereira, and has 40 artists right from the 1940s to the present. Headed in the right directionThe Solo Projects section, which used to invite commissions from leading artists in the region, is replaced by Bearing Points. I felt that the Solo Projects didn't intellectually tie together everything we do in the Summit. The exhibition is curated by me, and the title refers to a compass, to a map that helps you orient yourself to lesser explored transcultural histories of the region. Going back to schoolThe Summit has always been known for its workshops. This edition will have a free art school, with sessions conducted by artists such as Rashid Rana and Dayanita Singh, among others. It will be right at the middle of the summit, emphasising that culture is a key part to keeping people secular. Catch up on all the latest Mumbai news, current affairs from Mumbai, local news, crime news and breaking headlines here Download the new mid-day Android and iOS apps to get updates on all the latest and trending stories on the go Full Article
mi An Indian rug goes to Milan By www.mid-day.com Published On :: 29 Apr 2018 01:00:03 GMT Sharan Parekh with his rug inside Massimiliano Locatelli's 3D-printed house at the Milan Design Week When Italian architect Massimiliano Locatelli of CLS Architetti called rug company ILO's Sharan Parekh and said he wanted one of their rugs, Parekh thought it would be for a party at his home. "But he said he would using it inside his 3D-printed house, which was going to be showcased at the Milan Design Week, that too, in the bathroom!" he said. Parekh, also the managing director of ILO's parent company, Splendour (a known name in furnishings), tells us he had been meeting Locatelli many times as part of the Milan social scene. "We have worked with CLS for many ventures. We have designed carpets for the Belagio in Las Vegas, for the Miss Sixty and Philip Klein stores. It all started off socially. Also, we have been given space at Nilufar, known as the world's best design gallery, and that's how we have inroads in Milan," says the 30-year-old. ILO, which means Joy in Finnish, is a Mumbai-based company, working in sustainably produced rugs, which are hand-tufted and hand-knotted by Tibetan artisans working in Nepal and North India. The aim is to combine traditional techniques with an edgy, contemporary design aesthetic. Not just is this ILO'S first outing, exhibiting on an international platform, but also the first Indian company showcasing at Fuorisalone (2018 Milan Furniture Fair). The 3D-printed house is Locatelli's way of showcasing creativity, sustainability, flexibility, affordability and rapidity, at Piazza Cesare Beccaria, which is a square in the middle of Milan. It's also an experiment in low-cost housing, but with a slight difference. "The house is extremely low cost, but inside, everything is super expensive." There are lights by Italian architect, Gio Ponti, which are vintage, solid brass chairs, furniture by Nilufar, and the rug by ILO. "This is what the rug looks like — it's oval with an oval cutout in the middle. It's made of bamboo silk, silk and pashmina. It's almost like standing on a cloud. When Locatelli saw it, he said he couldn't have done better himself. He wanted the juxtaposition of low-cost housing which is super luxurious from within," explains Parekh. Now, that they are back, they are focusing on many more such collaborations, and are now fielding offers from royal families from the Middle East. But, as Parekh says, the main thrill is in knowing that an Indian company, working with traditional craft, can understand the European aesthetic and be accepted there. "At the end of the day, it's about showcasing India." 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
mi Celebrate 75 years of Amitabh Bachchan's work with 75 rare vinyl covers By www.mid-day.com Published On :: 08 May 2018 01:33:41 GMT Amitabh Bachchan campaigns for the 1984 elections in Allahabad Fans across the world celebrated acting legend Amitabh Bachchan's 75th birthday last October. And if you wish to extend the festivities, visit Frames 75, an exhibition of rare photographs and framed memorabilia that celebrate Bachchan's oeuvre. The exhibition has been curated by film historian and archivist SMM Ausaja and photo journalist Pradeep Chandra. "There were no big commemorative events for his 75th birthday. But we realised that his 75th year is not yet over, so we should celebrate it with a visual journey in his platinum year," says Ausaja. A photo by Pradeep Chandra of the legend at RK Studios The duo worked over three months to curate the list of exhibits and even commissioned artwork for the exhibition. "We wanted something rare that's not on the Internet. You will see a photo from his first photo session, a pamphlet from his Allahabad election campaign, and artist Sonu Gupta's recreation of a painting by MF Husain that depicts the three phases of Bachchan's life," Ausaja says. An original poster of Yaarana "I did a similar show on his 61st birthday. So, for this exhibition we wanted to do something different. You will see some never-seen-before images by me, including a photo of Bachchan and Rajiv Gandhi at Indira Gandhi's funeral; a frame of him sitting with Bal Thackeray's shadow in the background; a photo with his daughter, with Dilip Kumar, and one with Rajkumar and Sanjay Dutt in the same frame," adds Chandra. SMM Ausaja and Pradeep Chandra at Bachchan's residence Also on display will be original posters, vinyl covers and fake notes used for shoots, many of which have Bachchan's image on them. "We wanted a wide variety of media to break monotony and sustain interest across all frames," Ausaja signs off. FROM: May 11 to 25, 10 am to 6 pmAT: Whistling Woods, Goregaon East.CALL: 30916070 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
mi Twitter to customise Twemojis for Android By www.mid-day.com Published On :: 22 May 2018 11:43:14 GMT On the issue of missing emoji characters on Twitter, the micro-blogging platform has rolled out updated versions of its Twemoji designs for its Android users. This update appears to target users using the Twitter app on Android 4.4 KitKat to Android 7.1 Nougat, tech website Emojipedia reported late on Monday. Over one-third of the users were reported to be still using Android versions dating back to 2014 or earlier leading to the lack of new emoji support. The emoji implementation has been done using Google-owned "EmojiCompat library" that was created in 2017 to allow apps to support new emojis even on old systems, giving the app developers a choice of not having to choose Google's own emojis. "At least 50 per cent of eligible Twitter users should now see this change, with the feature being enabled for more users over the course of this week," Emojipedia quoted Bryan Haggerty, Twitter Design Lead, as saying. Users, however, would have an option to choose between the native and Twitter emoji set. This feature was being tested on select users since March before being officially rolled out. 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
mi 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
mi New Twitter tool to mark real candidates in US midterm poll By www.mid-day.com Published On :: 24 May 2018 22:22:21 GMT In line with its efforts to help users identify original sources and authentic information on Twitter, the microblogging site plans to add new labels to the campaign accounts of political candidates, starting with those running in the 2018 US midterm general election. The legitimate accounts of the candidates will be clearly identifiable with a small icon of a government building, Twitter said on Wednesday. The label will appear on the Twitter Profile page of the candidate and alongside all tweets sent or retweeted by the account, Bridget Coyne, Senior Public Policy Manager at Twitter, said in a blog post. Twitter is partnering with Ballotpedia, a non-profit, civic organisation that publishes nonpartisan information on federal, state and local politics to help identify the campaign Twitter accounts of candidates once they qualify for the general election ballot for an applicable office. Labels will begin to appear after May 30 on the campaign Twitter accounts of candidates who have already qualified for the general election ballot for an applicable office, and provided Twitter with consent to apply the label, Twitter said. Candidates running for state Governor or for the US Senate or US House of Representatives during the 2018 US midterm general election will qualify for the US election labels. "This will continue on a rolling basis as states continue to hold primary elections and candidates officially qualify for the general election ballot," Coyne added. "Providing the public with authentic, trustworthy information is crucial to the democratic process, and we are committed to furthering that goal through the tools we continue to build," Coyne said. 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
mi Chandigarh neurosurgeons reveal how he learnt Michael Jackson's anti-gravity lea By www.mid-day.com Published On :: 26 May 2018 02:28:29 GMT Michael Jackson In the last few days, neurosurgeons Dr Sandeep Mohindra, Dr Manjul Tripathi and Dr Nishant S Yagnick, have all become mini celebrities at Chandigarh's Postgraduate Institute of Medical Education & Research (PGMIR). In between attending to OPD and other hospital duties, Mohindra and Yagnick have been fielding press questions, while Tripathi, currently in the UK pursuing a short course, has recorded a video to offer his version should the media approach. And, all this fuss is thanks to a 683-word paper that the trio submitted four weeks ago to The Journal of Neurosurgery which has been able to answer the question that many generations have pondered over: How did Michael Jackson manage his gravity-defying moves? Blood on the Dance FloorMohindra, 45, and Tripathi, 39, have been working together for the last seven years. While Mohindra is an Additional Professor, Tripathi is an Assistant Professor and Yagnick, a registrar, has been with the institute for three years. Mohindra says the team of neurosurgeons at the institute had been reporting a lot of dance injuries — kids or amateur dancers coming in with spinal injuries from trying to copy dance moves off YouTube videos. Dr Nishant S Yagnick and wife Shweta are amateur dancers, and regulars at contests and reallity shows "While our textbooks have mechanisms of injury for certain sports or postures — say if you play cricket, this is the injury you are most prone to get, or this is how you will hurt yourself if you ride a bike without a helmet — not much research has been done in the field of dance. There are people turning on their heads and B-Boying, and when they come in with injuries, we wonder how they fractured these many vertebra in this specific way?" The study began six months ago when Tripathi called in Yagnick, asking him to participate in a research to understand the bio-mechanics of certain moves. They zoomed in on MJ's anti-gravity lean which debuted in 1987. Smooth CriminalIn the seventh minute of the video, Smooth Criminal, in which Jackson (then 29 years old), dressed in his trademark outfit, along with a group of dancers, leans forward — without bending his legs or taking any support — at an angle of 45 degrees. For the average human, this range is 20 degrees. "Medical science," says Mohindra, "fails when Jackson starts dancing." The first thing that the trio found out was that a patent, registered under Jackson's name, made the move partially possible. "Along with fellow inventors, MJ developed a special shoe that had a slot in the heel. The triangular slot could engage a hitch member (a metallic peg, which emerged from the stage floor at just the right time), allowing the dancer to obtain the right amount of extra support to be able to lean forward beyond physiological limits. Alas, MJ's move was an illusionary trick." Yet, says Yagnick, even with this extra support, not everyone can do an MJ. Dr Manjul Tripathi and Dr Sandeep Mohindra Yagnick and his wife Shweta are both amateur dancers. While he has taken training in jazz and hip hop, his wife has added ballet, modern contemporary and Indian contemporary, to her repertoire. The couple regularly participates in reality shows, in fact in February they won a Punjab state-level contest. When the research idea was mooted, the couple tried to replicate the MJ lean, but realised that even with the support of the shoes, it was impossible. "We tried the angulation against the wall. Even when we held each other's feet and legs, we could not get his angulation," says Yagnick. Speed DemonThere was then more to this. While studying various videos and trying to replicate the move, the doctors studied the muscles that come into play. To put it simply, when the human body leans forward, it's the core muscles (or the erector spinae muscles) that act like cables to support the suspended spinal column during the forward shift, preventing the body from toppling over. However, when the body leans further, the weight is transferred from the core to the to the ankle joints, "and strain is shifted to the Achilles tendon". The paper states: "This allows for a very limited degree of forward bending from the ankle joints, while keeping a stiff straight posture — unless you are Michael Jackson. Most trained dancers with strong core strength will reach a maximum of 25° to 30°..." A] Drawings showing the "antigravity tilt" (>45° forward bend), the dance move introduced by Michael Jackson, in comparison to the normal limit of a human tilt (20° forward bend), as well as the conceptualized shoe designed by MJ and co-inventors. B] Shift of the fulcrum from the sacrum to the Achilles tendon in MJ's antigravity tilt; the pic on the right show MJ do the tilt in Smooth Criminal. Courtesy/Journal of Neurology What then allowed Jackson to manage what few could? Several years of training and special exercises, not unlike perhaps what sprinters such as Usain Bolt perform daily. "If you see Bolt preparing for the 100 m dash, you will see the same forward bend," says Mohindra, adding, that for the most famous dancer in the world, the idea would have been to make his Achilles Tendon so strong that the two legs could hold his 60 kg weight when he shifted his weight on them. While the average tendon can hold 10k to 15 kg, for Jackson that weight almost doubled. Heal The WorldIt could take months for a paper to get accepted by the Journal of Neurosurgery, but the curiosity of the gravity-defying lean is such that the journal's editor accepted it within 24 hours of submission. Not just that. Yagnick says they have been asked to continue the research with other dancers in order to understand where injuries originate and how some people, defy the spine. Hrithik Roshan, for instance, says Mohindra has scoliosis of spine i.e. an abnormal curve. "Yet, he is one of best dancers one has seen. He has, obviously trained his muscles to challenge these bio-mechanics." 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
mi Percussionist V Selvaganesh to share stage with his son Swaminathan By www.mid-day.com Published On :: 26 May 2018 02:32:08 GMT Swaminathan Born to a long line of musical heritage, V Selvaganesh first brush with music maestros was at home itself. His father, TH Vinayakam, fondly known as Vikku Vinayakam is a Grammy winning ghatam player, while his grandfather TR Harihara Sharma was among the pioneers of percussion in India. "I believe that I am blessed to be a part of a heritage that has made music its tradition rather than just a profession," says Selvaganesh, who is touted as the 'kanjira king'. He along with his son Swaminathan will be in the city to match beats in what promises to be a fun concert. Speaking of his son, Selvaganesh says, "To perform alongside your child on one stage is a feeling that cannot be described. Swaminathan is an amazing son and a musician and most of the credit goes to my father. He is the one under whom Swami has trained." This father-son duo entirely relies on the magic of spontaneity when it comes to performing. "Our performances are not planned or rehearsed because everything is about that moment. It's like we play question and answers in the language of music. I throw questions at him and he responds. So, if you have to expect anything from this concert, that would be nothing. Everything will happen in that moment and you have to be there to witness it," he says. Swaminathan will be playing the Kanjira with his father Selvaganesh His first instrument of choice was the mridangam. But, despite that his grandfather would urge him to play the kanjira. "He made me understand that very few people are keen on playing the instrument, and fewer are good at it. When I realised it, I took up this instrument and weaved my career around it. Today, to have an entire album revolving around this instrument is a very proud feeling," says Selvaganesh. When: 9 pm, June 1Where: The QuarterEntry: Rs 749-Rs 1,499Log on to: insider.in 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
mi Green Humour: Comic Strip By Rohan Chakravarty By www.mid-day.com Published On :: 27 May 2018 00:04:05 GMT Missed out on last week's Green Humour? You can read it here. 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