Pieters sinks Magpies

first_imgStoke boosted their hopes of a top-10 finish and increased the pressure on Alan Pardew with a 1-0 victory over Newcastle at the Britannia Stadium. The Potters have never finished in the top 10 in the Barclays Premier League before but are now only three points behind Newcastle in ninth and four points short of their record tally of 47 points. They needed a stroke of good fortune to seal the win, though, with Erik Pieters’ 42nd-minute strike certainly intended as a cross. Press Association Steven Nzonzi tried his luck at the other end in the 26th minute with a shot from the edge of the box that was deflected over the bar by Fabricio Coloccini. Peter Odemwingie had a similar opening soon after when he was well found by Arnautovic but he miscued his shot horribly. Then in the 42nd minute Stoke made the breakthrough, Pieters floating his cross just beyond the despairing reach of Krul. It was undoubtedly tough on Newcastle, who tried to respond before the break through Chei ck Tiote but his fierce long-ranger was well held by Asmir Begovic. Like the first half, the first chance of the second period was a Crouch header from Arnautovic’s cross, but this time the striker could not quite get over the top of the ball. And Crouch threatened again in the 61st minute, this time with a header from Geoff Cameron’s deep cross, but Krul was behind it. Shawcross showed his value at the other end with a block from Mike Williamson’s goal-bound shot, leaving the Newcastle defender with head in hands. Charlie Adam entered the fray as a 66th-minute replacement for Ireland and wearing a mask to protect his nose, which he broke in four places in training this week. The Scot is due to have an operation on Monday but did not want to miss the game. And he almost made the points safe when he ran onto Arnautovic’s clever pass but pulled his shot past the far post. Begovic had been largely untroubled in the second half but Vurnon Anita spurned a great chance to equalise five minutes from time when he headed Ameobi’s cross over an empty goal. Boos from the travelling fans greeted the final whistle, with a ‘Pardew Out’ banner displayed. Newcastle have taken just 13 points from 16 games since beating nine-man Stoke at St James’ Park on Boxing Day. It was the Dutch full-back’s first goal for Stoke and his first in any competition since he played for FC Utrecht six years ago. Newcastle have now lost four successive games, conceding 12 goals and scoring none, and there were calls for Pardew’s head from the sizeable travelling support. The visitors were boosted by the return of goalkeeper Tim Krul from injury while Stoke captain Ryan Shawcross became the first player to make 200 Premier League appearances for the club. The hosts, watched by their biggest crowd of the season, have lost just twice at the Britannia Stadium in the league all campaign and they should have taken the lead in the 10th minute. The dangerous Marko Arnautovic swung over a perfect cross but leading scorer Peter Crouch headed against a post from five yards. Two minutes later it was Newcastle’s turn to miss a golden chance as Shola Amoebi’s flick found Dan Gosling in front of goal six yards out but he could only slice the ball over the bar. Most of the pressure was coming from Stoke but Ameobi and his strike partner Papiss Cisse were causing problems for the hosts. The latter wanted a penalty after going down under a clumsy challenge from Geoff Cameron but referee Mike Jones was unmoved. last_img read more

Viva l’Italia!

first_imgJacob DlaminiIt was not until an American friend pointed it out to me that I realised that South Africans are obsessed with Italy and all things Italian. Why is it, asked the friend during a visit to South Africa last year, that everything that is meant to be something in South Africa has either an Italian name or Italian as an adjective? It is true. Think of all the “Tuscan-style villas”, which are in reality ugly townhouse complexes made off the same basic plan, that dot every major city and town in the country. What about the Bella Donnas and the Via-this and Via-that you find everywhere you care to look?Then there are the “Italian” tiles, taps, marble and everything in between, including the kitchen sink, that cost a couple of grands extra because they are, well, Italian. What is up with that? Whence comes this fixation, this obsession with Italy and all its things? There is none of the colonial connection between South Africa and Italy that marks the latter’s history with Ethiopia and Eritrea, for example. I am told by an Ethiopian friend that even with that history, Ethiopians have none of the mania about Italy that South Africans have. Eritreans might play on their Italian history every now and again, my Ethiopian friend says, but even they have none of the complex and passion we South Africans have.The biggest addiction of all is in the area of clothes. Who can forget all the shops that used to line the streets of downtown Johannesburg and other cities and towns, shops with original names like Real Italian Fashion Store and Italian-Style Clothing Store? Then there were and still are places that specialise in “real Italian leather”, “genuine Italian shoes” and “real Italian fashions”. How many of these goods are actually Italian or imports from Italy? How many of them can be said to be the genuine article? You know, real leather from a genuine Italian cow? How many of them have a genuine Italian provenance?I remember a time in the 1980s when Gauteng townships were hit by an Italian craze. Everywhere you went, hip men and women would be dressed in “Matariana-style”, complete with Superga, the Italian tennis shoe that resembles the more popular Converse All-Star in its look. Sometimes, people dressed Matariana-style would wear shirts called Georgettes. I could never tell whether Georgette referred to the fabric or the design of the shirt. The shirts looked like men’s blouses to me. Expensive blouses. But hip people rocked those shirts like they were going out of fashion, which they thankfully did before the 1980s were out.Then there was, of course, the Lacoste polo T-shirt. Everyone wanted one of these T-shirts. The bolder the colour, the better. I remember the colour red being especially popular. Folks would have wardrobes full of those T-shirts.But it did not take long for some to start noticing that the crocodile on the front logo on the Lacoste T-shirts of many of those who favoured Matariana-style was not quite the genuine article. The mouth of this crocodile was opened particularly wide and was, shall we say, more boisterous than the crocodile you see on the genuine article. It was not long before townships sprouted Lacoste “experts”, people who claimed they could tell the real McCoy stuff from a mile away. It was mostly bunkum, of course. Most of these Matariana-style clothes were sourced from the same textile factories somewhere to the west of Johannesburg.South Africans are not unique in obsessing over other nations. Remember the German philosopher who complained about the French making the revolutions the Germans had thought about first? Speaking of the French, how often do we hear people extolling the virtues of the French as if they and only they know how to live. Joie de vivre and all of that je ne sais quoi malarkey! Then there are nations constantly going on about what a better world this would be if we all could keep time like the Germans. Was it not, after all, one of the fascist justifications for Benito Mussolini’s reign in early 20th century Italy that while he might have been a crap ruler, he at least got the trains to run on time? Like the Germans, presumably.The Brits may have, as some historians maintain, founded their empire in a fit of absentmindedness but we cannot ignore the fact that they may also have been driven by their pining for the sunshine enjoyed by others. Methinks the fact that the whole cheap flight business first took off in the UK is precisely because the Brits are still hankering after the sunshine of others. They cannot wait to get out of their own island.With regard to South Africa’s obsession with Italy, one must assume that the existence of so many Bella Vistas and Bella Donnas and “Italian restaurants” is not yet the problem I think it is. After all, one would expect the Post Office and Telkom to have insisted that the owners of these places come up with something more creative and original for names. Don’t get me wrong, I have no beef with South Africa’s obsession with Italy. I just wish someone would explain it to me, though.Jacob Dlamini is a PhD student in History at Yale University, a columnist for The Weekender, and former political editor of Business Day.last_img read more

Coming This Election: Crowdsourcing For Scandal

first_imgabraham hyatt The Accountability Project, he continues, “taps into the belief by party activists that politicians of the opposite party say one thing in front of the press, and quite another when they think no one is really listening. However, all activists can imagine a scenario where what they capture on video could really make a difference in a campaign.“The projects asks activists to undertake an activity that almost all of them can appreciate the value of, which increases the likelihood that they will take such action. And it offers them a way to be involved that they might not have otherwise thought was possible or meaningful.”That last point may be the most critical part of the DNC’s project. In a paper published last month on crowdsourcing [PDF], a researcher at the London School of Economics wrote that, “The needs, aspirations, motivations and incentives of the crowd to participate in the initiative must remain the most important consideration […] The practitioners must understand the crowd motivation and align their goals according to it.” (Emphasis ours.)That might sound like common sense, but considering the number of projects asking the crowd to do the equivalent of ranking policy initiatives, too many political strategists seem to be confusing the crowd’s interests with what will genuinely motivate it.In other words, if you want to create an effective crowdsourcing project and the crowd is hungry for political blood, then give them the equivalent of an elephant gun. Photo by Scott Liddell Top Reasons to Go With Managed WordPress Hosting Why Tech Companies Need Simpler Terms of Servic… Related Posts 8 Best WordPress Hosting Solutions on the Market In a world where crowdsourcing has become a mainstay of politics, a new site from the Democratic National Committee is taking the idea one step further and asking voters to find damaging videos of opposing lawmakers and candidates.The Accountability Project is pretty simple: you can upload and view videos, or track down Republican candidate events. There’s no voting or comments; it’s essentially a platform for videos to go viral. So far, uploads mostly consist of tepid footage of conservatives criticizing Democrats. But when compared to other political crowdsourcing projects, the site stands out as one of the more potentially disruptive ideas in this midterm election.This Innovation Series is brought to you by Lexus.Crowdsourcing in politics has become ubiquitous over the last several years, particularly as candidates and agencies have figured out how to use social media well. But this year is the first major election since President Obama so famously harnessed those social tools in his 2008 election bid. Online videos have already played a significant role (one of the most famous involving a Democratic Representative). Roy Temple, a Washington, D.C.-based Democratic political consultant, says that usually, “When parties or candidates seek activist opinions (like the current GOP effort to crowdsource policy priorities), there is a certain level of cynicism that their opinion will count.” Tags:#Lexus#Sponsors#web A Web Developer’s New Best Friend is the AI Wai…last_img read more

It’s March – Time for TechStars’ Startup Madness Tournament

first_imgTags:#events#start Related Posts Top Reasons to Go With Managed WordPress Hosting Why Tech Companies Need Simpler Terms of Servic… March means March Madness, of course – the time of year when eyes turn to the NCAA Men’s Basketball Championship, one of the most watched sports events of the year. The startup accelerator TechStars is getting in on the action with its own “bracket-style” tournament to find the next big startup. It’s picking 64 startups to face off in Startup Madness.Rest assured, tech startups, the tournament won’t test your free throw prowess or talent on the basketball court. The startups in Startup Madness will compete for votes from the public via the user-comparison website This or That. The public will be able to vote once per match-up, and the company who gets the most votes advances to the next round.The Tournament winner will receive over $25,000 in valuable prizes, including $12,000 in Rackspace hosting credits, $5,000 in advertising on Seattle 2.0 web site, and an invitation to “TechStars for a Day.” Finalists and semi-finalists will also receive an invitation to that TechStars event.In order to qualify, your startup needs to have a live, usable public website or an accessible demo, and you need to have not raised more than $250,000 in investment or revenue in a single year. TechStars companies or alumni aren’t qualified. The deadline to nominate startups is Wednesday, March 9. You can nominate a startup here or you can tweet “Hey @TechStars, I nominate [the startup’s twitter handle] for the @StartupMadness Tournament.”center_img audrey watters A Web Developer’s New Best Friend is the AI Wai… 8 Best WordPress Hosting Solutions on the Marketlast_img read more

PBA Finals: Durham tows Meralco past Ginebra to avoid 0-3 hole

first_imgPhoto by Tristan Tamayo/INQUIRER.netAllen Durham did a little bit of everything and Meralco needed all of it to finally beat Barangay Ginebra, 94-81, and avoid a 0-3 hole in the 2017 PBA Governors Cup Finals Wednesday night at Smart Araneta Coliseum.Durham scored in a variety of ways no matter who he was up against or how many while also anchoring the Bolts’ defense. He was an unstoppable force, finishing with 38 points, 20 rebounds, four assists and five blocks.ADVERTISEMENT Frontrow holds fun run to raise funds for young cancer patients  BSP sees higher prices in November, but expects stronger peso, low rice costs to put up fight Fire hits houses in Mandaluyong City Read Next Brownlee nails buzzer-beater as Ginebra wins title PLAY LIST 01:40Brownlee nails buzzer-beater as Ginebra wins title03:06Ginebra, Meralco expect ‘tough, rough’ finals series to go the distance03:49Will Ginebra’s Barangay be a huge factor in the PBA Finals?01:37Protesters burn down Iran consulate in Najaf01:47Panelo casts doubts on Robredo’s drug war ‘discoveries’01:29Police teams find crossbows, bows in HK university01:35Panelo suggests discounted SEA Games tickets for students02:49Robredo: True leaders perform well despite having ‘uninspiring’ boss02:42PH underwater hockey team aims to make waves in SEA Games Nonong Araneta re-elected as PFF president LATEST STORIES Don’t miss out on the latest news and information. Kammuri turning to super typhoon less likely but possible — Pagasacenter_img “The game becomes a lot easier when you can make shots. Today we did a much better job at making our perimeter shots and a lot of credit goes to Reynel Hugnatan, who stepped up and made a lot of threes for us today,” said Meralco head coach Norman Black.“Our defense was solid just like it was in our last game. The difference was we played defense for 48 minutes instead of 44. It’s gonna be tough going forward especially with Ranidel being out but at the same time we still have guys who out there fighting and we will go to war with them,” Black added.FEATURED STORIESSPORTSWATCH: Drones light up sky in final leg of SEA Games torch runSPORTSSEA Games: Philippines picks up 1st win in men’s water poloSPORTSMalditas save PH from shutoutThe Bolts, who lost the first two games by double-digits, got a much-needed lift from veteran forward Reynel Hugnatan, who played extended minutes after starting forward Ranidel de Ocampo went down with an injury early.Hugnatan fired 22 points, going 7-of-12 from long range and grabbed five rebounds in close to 39 minutes of play. His last 3-pointer capped a 19-4 charge by the Bolts in the final six minutes and four seconds. Typhoon Kammuri accelerates, gains strength en route to PH Durham, the back-to-back Best Import of the conference, scored 23 points in the second half, 13 in the final frame to counter the Gin Kings’ punches.A jumper by Justin Brownlee gave Ginebra a 72-66 edge with 9:36 left but Durham quickly led Meralco back and his coast-to-coast dunk over Japeth Aguilar put the Bolts ahead, 75-74, with under seven minutes remaining.Durham continued his rampage. He scored on a reverse layup against two defenders, rejected Aguilar’s shot on the other end, blocked Brownlee then converted a three-point play for an 86-77 buffer with 2:47 to go.Meralco goes for the equalizer on Friday still at the Big Dome.Ginebra had four players in double-figures led by Brownlee’s 15 points.ADVERTISEMENT MOST READ Brace for potentially devastating typhoon approaching PH – NDRRMC Kin of Misamis Oriental hero cop to get death benefits, award — PNP Foton, Branislav ready for PSL’s biggest conference View commentslast_img read more

Wimbledon 2011: Teenage qualifier Tomic marches into last 8

first_imgAustralian qualifier Bernard Tomic came up with amazing passing shots towards the close to prevail over Xavier Malisse 6-1, 7-5, 6-4 and enter the quarter-finals on Monday.Riding on the support from a sizeable Aussie crowd, Tomic, who was born in Germany before emigrating to Gold Coast, Australia, played with freedom and passion.Having dumped fifth seed Robin Soderling in straight sets on Saturday, Tomic needed just an hour and 21 minutes to do the damage.Standing at six feet four inches, Tomic loved the big match pressure on Court 18 where people could watch the action from close. The last time a qualifier reached this far was in 2000 when Vladimir Voltchkov was on song.With this success, Tomic replaces Lleyton Hewitt as the Australian No. 1 in rankings, though after winning junior Grand Slam titles, he was always tipped to be a player with potential.Malisse argued a lot over the line calls in the first set and was unhappy with his racquet string tension.”Maybe the stringer is Australian,” the Belgian said to the chair umpire at one point.Xavier Malisse returns to Bernard Tomic during their fourth round match at Wimbledon on Monday. AP”I never thought I would be here in the second week. I am looking forward to playing on Wednesday and I have never been happier,” said Tomic.The 18-year-old Australian qualifier is the youngest quarter- finalist since Boris Becker in 1986.In the next round, Tomic will face Novak Djokovic, who defeated France’s Michael Llodra 6-3, 6-3, 6-3.advertisementSecond seed Djokovic beat an out-of-form Llodra.Local favourite Andy Murray also made it to the last eight with a 7-6(3), 6-3, 6-2 victory over Frenchman Richard Gasquet.Murray, the fourth seed, didn’t have much problems with the 30- degree Centre Court heat as he made short work of 17th seed Gasquet.Murray, attempting become Britain’s first men’s Wimbledon champion since Fred Perry in 1936, has now reached his fourth consecutive quarter-final.In the last eight, Murray will clash against Spain’s Feliciano Lopez, who beat Polish qualifier Lukasz Kubot five sets.Lopez, who put out three-time runner-up Andy Roddick in the third round, recovered from two sets to love down defeat Polish qualifier Kubot 3-6, 6-7(5/ 7), 7-6(9/ 7), 7-5, 7-5.”I thought it was good. think I served well, and I got a lot of free points off that,” said Murray, who is yet make a Wimbledon final.Murray also admitted was left red- faced by his unkempt appearance when he was introduced to the Duke and Duchess of Cambridge.”If I’d known they were coming, I would have shaved. I was thinking myself as I came off.”I was sweaty and very hairy. I said to them, ‘I’m sorry, I’m a bit sweaty’. But, yeah, it was really nice,” said the Scot.Results:Men’s singles fourth round: Andy Murray (GBR x4) bt Richard Gasquet (FRA x17) 7-6 (7/3), 6-3, 6-2; Feliciano Lopez (ESP) bt Lukasz Kubot (POL) 3-6, 6-7 (5/7), 7-6 (9/7), 7-5, 7-5; Bernard Tomic (AUS) bt Xavier Malisse (BEL) 6-1, 7-5, 6-4; Novak Djokovic (SRB x2) bt Michael Llodra (FRA x19) 6-3, 6-3, 6-3last_img read more

Growth of Indian sports goods industry dwindles, on verge of complete collapse

first_imgPutting finishing touches to footballs: Poor infrastructureFor an industry whose future rests on its lucrative export potential, the growth rate of the Indian sports goods industry has levelled off to an unimpressive canter.With the home market consuming a bare 15 per cent, bad infrastructural planning, lack of adequate export incentives from the Government and the adverse impact of inter-state politics on raw material procurement have cumulatively contributed to a situation where Indian exports, which stood at Rs 25 crore a decade ago, are currently targeted only at Rs 35 crore. While Jullundur, where 500 of the industry’s 700 units are located, has clearly come a long way since the partition split the flourishing Punjab industry asunder, the export statistics of leading competitor Pakistan stand in stark contrast. From 1978-79 to 1982-83, Pakistan’s exports have doubled from Rs 21.2 crore to Rs 45 crore.Said Anil Mehta, secretary, Sports Goods Manufacturers’ and Exporters’ Association: “Indian sports goods industry is on the verge of a complete collapse. The price of raw material has gone up 15 to 17 per cent over the last one year, besides its non-availability.The Pakistan Government’s recent fillip to the industry – cash incentive at 22 per cent of the value of the exports and duty drawback at 15 per cent – has made Indian products non-competitive in world markets.” Despite pleas from the industry, the Indian Government has continued to offer cash incentives of only 10 to 15 per cent, and duty drawbacks of a mere 3 to 5 per cent.The industry’s problems have been further compounded by the obstructionist attitudes of raw material supplying state governments. For example, the Jammu and Kashmir Government anxious to develop its own sports goods industry banned the export of willow, a monopoly produce vital for the manufacture of cricket bats and wickets, in 1976. While humidity in the valley makes the production of quality bats impossible, the modern automatic plant which Pioneer Sports set up near Srinagar continues to suffer idle capacity, while some units in Jammu have been sending only semi-finished handles to Jullundur.Though entrepreneurs continue to offer double the price that the local units are paying to an unrelenting state government, a flourishing smuggling pipeline has jacked up manufacturing costs. Said Prem Jain, a major exporter of cricketing equipment: “A free movement would cut down the price of bats by 10 per cent.”Indifferent Planning: Similarly in the case of hockey, while the increased popularity of the sport has brought with it a boom in the demand for hockey sticks, the mulberry they are made of has continued to be of a poorer quality compared to Pakistan’s due to lack of organised cultivation.Though the plains of Punjab are ideal for mulberry production and Pakistan grows fine mulberry on reserves in Changamanga near Lahore and in Faisalabad appeals to the Punjab Government to establish plantations on its sprawling canal banks have been of no avail.Consequently, a Pakistani stick fetches Rs 125 in the world market as compared to Rs 85 for an Indian one. Echoed Mehta: “Last year, Jullundur made four lakh sticks and earned Rs 1 crore and Pakistan earned Rs 2 crore with a little more than half that number.”The indifferent tale of infrastructural deficiency continues into leather, a major raw material for the manufacture of balls and boxing equipment. With the only government tannery nearly out of operation, it is first transported to Madras for tanning and finishing, and then used in Jullundur. Bemoaned exporter Prem Gupta: “Quality leather is our major headache. While the Government dilly-dallies, we are too small to set up our own tannery.” With a single order of Rs 60 lakh from K-mart, a US departmental store chain, Gupta is exporting footballs worth Rs 2.24 crore this year.Apportioning Blame: Nevertheless, the industry cannot escape all responsibility for its own plight. Commented industry veteran Dina Nath Mehta acidly: “There has been no effort at research and development. Why blame the Government alone when we have done nearly nothing. But for the skills of artisans, we would have not scored the present heights.”Mehta, a sport enthusiast, lamented that there had been no effort by the industry to popularise sport in the country. Said he: “Consider a country of India’s size consuming sports goods worth Rs 10 crore when it should be spending Rs 100 crore. No doubt the exports are good but what about the home market?”In addition, the profits of this business which is still organised as a cottage industry, are dependent on workers it has provided little incentives to. Except for a few units that have regular organised workers, 80 per cent of the manufacturing is handled by piece wage earners in dingy Jullundur bastis. Labour welfare efforts lack woefully and all benefits of fixed wage earners are denied to them. Lamented craftsman Parshotam Lal, 40: “In return for our skill and sweat, we get paltry wages which have dwindled in the last three years. While I was getting Rs 7 per football last year, I now get only Rs 5 – and I can only stitch a maximum of three daily.”For an industry which has, according to experts, an annual export potential of Rs 70 crore, besides creating a good home market, the portents are grim. The Jullundur branch of the Export Promotional Council has remained headless, despite the efforts of council chairman C. Venkatraman. Neither the Central nor the state Government has persuaded any officer to take up regional directorship of this body. Of this unconcern, the Asiad, for which most of the sporting equipment had to be imported from abroad, was only an acerbic reminder.last_img read more

9 months agoReal Madrid goalkeeper Casilla on his way to Leeds

first_imgAbout the authorCarlos VolcanoShare the loveHave your say Real Madrid goalkeeper Casilla on his way to Leedsby Carlos Volcano9 months agoSend to a friendShare the loveReal Madrid goalkeeper Kiko Casilla is on his way to Leeds United.Marca says Casilla is set to join Leeds and has already travelled to England, being photographed at Madrid’s Barajas Airport.This means that Luca Zidane will become the third-choice for Santiago Solari.There had been talk about recalling Andriy Lunin from his loan at Leganes, but he is now set to stay there for the remainder of the campaign. last_img read more

Market gathers momentum

first_imgMarkets had a good showing last week and continued their gains from the previous week. The Midcap and Smallcap segment outperformed the benchmark indices on expected lines. BSE SENSEX was up 607.62 points or 1.68 per cent to close at 36,671.43 points. NIFTY gained 171.90 points or 1.58 per cent to close at 11,035.40 points. BSE Midcap gained 2.08 per cent and BSE Smallcap was up 3.91 per cent. This positive movement in the smaller stocks has brought smiles on the faces of many investors after a very long time. The gains in India were even though Dow Jones was down 576.08 points or 2.21 per cent at 25,450.24 points. The rupee gained 76 paisa or 1.07 per cent to close at Rs 70.15 to the dollar. Also Read – A special kind of bondThe election code would kick in immediately after the announcement of Lok Sabha election schedule and hopefully, some of the name calling by politicians would reduce. In any case, this election is going to be dirty and one should expect people not only accusing each other but then running to the Election Commission to file a complaint. Markets are in a much better frame of mind and FPI’s have seen buyers in recent weeks. This has helped in bringing about stability and the crossing of key resistance levels of 36K and 36.5K on the SENSEX and 11K on the NIFTY. The important point here is the fact that these levels have sustained through the week. Further, the breadth of the market has increased significantly, and larger number of stocks have seen increase in volume and price rise. Stocks gaining 10 per cent and more during the week are significantly higher than in previous weeks. The only sectoral indices which were down last week were the BSE IT and BSE TECK. This was on the back of the fall in prices of Wipro after the trust of Azim Premji sold shares worth Rs 700 crore. Other IT stocks like HCL Tech and Infosys were also weak while TCS gained ground. There is nothing negative about the IT space except the feeling that the major IT companies may guide for a muted growth when FY20 guidance is given for March 2019 results. Also Read – Insider threat managementThe CPSE ETF and ICICI Bharat-22 had very strong showing last week and registered strong gains as their underlying shares rallied. In the case of Bharat 22, ITC and Axis Bank also registered significant gains. These ETFs are likely to continue their momentum as more PSUs declare interim dividends. Essar Steel has finally found a resolution and is sold to Arcelor. One needs to keep their fingers crossed and hope that no more cases are filed by the erstwhile owners of Essar Steel. The way this group has misused public funds would be an interesting case study in the IIM’s of this country. Jet Airways plan to manage its resources seems to be seeing the light of day with SBI, Etihad and Naresh Goyal seemingly hammering out a plan of sorts. One hopes that this is also resolved sooner than later as already 20 per cent of the airline’s aircraft have been grounded so far for non-payment to lessors of aircraft. Markets are likely to continue to gain ground in the coming week with a correction or two also there. The momentum is there, and people will closely follow the elections and the efforts of the ‘mahagathbandan’ as it announces its parties and candidates for the first phase of elections. Ride the momentum and use sharp rallies to book some profits and take money off the table! (The writer is founder of Kejriwal Research and Investment Services. The views expressed are strictly personal)last_img read more

Passengers stage protest at Barasat station

first_imgKolkata: Male passengers of Sealdah-Barasat section put up a blockade at Barasat station demanding permission to board the ladies special trains. However, Railway Protection Force (RPF) and Government Railway Police (GRP) personnel were able to clear the track within a short time.On Friday morning, some male passengers boarded the ladies special train and despite the women passengers raised an objection, these passengers didn’t move out the train. RPF and GRP personnel were informed. RPF asked the male passengers to leave the compartments. Soon the GRP personnel also arrived. But, as the RPF and GRP personnel were less in number they could only request the passengers. Also Read – Bengal family worships Muslim girl as Goddess Durga in Kumari PujaLater, a large police force comprising RPF and GRP personnel forced the male passengers to evacuate the compartments. This created an unrest situation. Within minutes, a huge mob of male passengers put up a blockade obstructing the ladies special protesting the action by RPF and GRP personnel. Male passengers claimed they had to face immense trouble as general trains ran packed while many seats in ladies special trains remained vacant. Therefore, male passengers must be allowed to board the ladies special, they said. A source informed that though male passengers demanded permission to board ladies special trains, railway authority clearly stated that the demand will not be granted as such trains were meant for the female passengers for their safety. After sometime, RPF and GRP personnel forced the male passengers to withdraw the blockade.last_img read more