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- Notification of Creation of Fake Portal by Fraudsters in the name of Prime Minister Sukanya Samridhi Yojana, 2018
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- The annual Machail yatra in Kishtwar district of Jammu and Kashmir is going on smoothly with over 62,500 pilgrims paying obeisance at the temple dedicated to goddess Durga since the commencement of the 43-day pilgrimage last month, an official said today.
- Rajnath takes stock of situation in Kerala
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- PM is hoodwinking the country: Congress
- The Congress today accused Prime Minister Narendra Modi of hoodwinking the country by playing with statistics on job creation and claimed that he wants people to believe his "failure" to follow through on his promises as "achhe din".
- Kanwar goes missing while returning from Haridwar
- A kanwar, who was returning to Meerut after collecting holy water from Haridwar, went missing after reaching Muzaffarnagar, police said today.
- Video of vocalists from MP singing national anthem released
- A video of classical singers from Madhya Pradesh singing the national anthem was released here today.
- Top archer Verma confident of winning two medals in Asian Games
- Top Indian archer Abhishek Verma is still confident of clinching two medals in the Asian Games, the same number he won in the last edition, despite the compound section he competed in will not have individual events this time.
- Aspirin may help prevent HIV: Study
- An affordable, globally available drug - low-dose aspirin - could help prevent HIV transmission, scientists say.
- Japan's Honda to manage Cambodia national team
- Japanese star forward Keisuke Honda signed on as general manager of Cambodia's national team Sunday in a move that brings high-profile talent to a much-loved but struggling side.
- Family only reason Courtois moved to Real: agent
- Thibaut Courtois would probably still be a Chelsea player had his family lived in London and not Madrid his agent told the BBC on Sunday.
- India reeling at 17/2 as rain forces early lunch on day four
- Rain provided some relief to India who were struggling at 17 for two in their second innings when early lunch was taken on day four of the second Test against England at Lord's here.
- Afghan forces battle Taliban in key city for third day
- An Afghan official says security forces are battling the Taliban for the third straight day after the insurgents' massive attack into the key city of Ghazni.
- Demi Lovato temporarily leaves rehab
- Demi Lovato has reportedly left the rehabilitation facility she entered last week in search of additional treatment in Chicago.
- Scoreboard at lunch on fourth day of the second Test between India and England here.
- Amy Adams requires back story to prepare for a role
- Actor Amy Adams has said that she needs to know the background of a character before she can embody it on screen.
- India 17/2 at lunch, trail England by 272 runs
- India were 17 for two in their second innings at lunch on day four, trailing England by 272 runs in the second Test here today.
- AI system can adjust dosage to make cancer treatment less toxic
- MIT researchers have developed an artificial intelligence (AI) system that can help reduce toxic chemotherapy dosing for the most aggressive form of brain cancer, potentially improving the quality of life for patients.
- Bomb explosion at Biratnagar Metropolitan office
- An improvised explosive device (IED) went off in front of the Mayor's office in the eastern Nepal's Biratnagar city today, but no one was injured, the police said.
- Ind vs Eng 2nd Test Day 4: Rain stops play after Anderson gets Vijay, Rahul
- India vs England Test 2018, Virat Kohli
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- Comedian Paul Chuckle paid tribute to his late brother and television entertainer Barry Chuckle while watching their favourite football team's match.
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- A 35-year-old woman was allegedly gang-raped by three persons on the pretext of job in Odisha's Jajpur district, police said on Sunday.
- A civic volunteer was arrested on Sunday for allegedly beating his mother to death in West Bengal's Hoogly district, police said.
- Be it National Award-winning actor Rajkummar Rao or actresses Taapsee Pannu and Shraddha Kapoor, they are ruling Bollywood by having multiple film releases.
- Terming the opposition grand alliance as a "failed idea", Prime Minister Narendra Modi said the the BJP-led NDA will definitely get more seats in the next Lok Sabha polls than it got in 2014 and break all records.
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- India were 17/2 in their second innings at lunch, trailing by 272 runs on the fourth day of the second Test match against England here on Sunday.
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- Why VS Naipaul never wrote his autobiography
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- PVR set to acquire SPI cinemas in a cash-cum-stock deal valued at over Rs 850 crore
- Why Naipaul never wrote his autobiography?
- In a cash and stock deal PVR will acquire SPI Cinemas, which operates brands like Sathyam Cinemas, Escape, Palazzo, The Cinema and S2, in ke...
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- Why Naipaul never wrote his autobiography
- Addressing the gathering, BJP state president said such initiatives should be taken by all so that the "tiranga" (tricolour) reaches every household and is seen fluttering on every rooftop on August 15.
- Aircraft have been making flight after flight, dumping water and bright pink retardant to protect Lake Elsinore and other foothill communities as the fire sweeps through the dense, bone-dry brush of the Cleveland National Forest. The Holy Fire, named for Holy Jim Canyon, where it began Monday - grew to nearly 33 square miles (85 square kilometres) by Saturday morning.
UIDAI plans Aadhaar crash course on what's risky and what's notFAQ will address half a dozen queries related to the issue that has been debated over past fortnight Why Naipaul never wrote his autobiography According to Naipaul, fiction never lies and reveals a writer totally. But an autobiography, he felt, "can distort; facts can be realigned". The Indian hand in never-before NASA spin Mankind's first mission to 'touch' the Sun may have panned out differently had it not been for Indian-American astrophysicist Subrahmanyan Chandrasekhar, whose intervention made it possible for a research paper proposing the existence of solar wind to get published 60 years ago.The unprecedented sun-skimming probe that lifted off today from the US is set to study the 'solar winds' proposed in the paper by Dr Eugene Newman Parker, who has now become the first living scientist to have mission named after him.NASA's Parker Solar Probe, which will fly closer to the Sun that any other spacecraft has attempted before is set to explore the corona, a region of the Sun only seen from Earth when the Moon blocks out the Sun's bright face during total solar eclipses.Back in 1958, when the 31-year-old Parker suggested that the charged particles streamed continuously from the Sun and fill up the space, the scientific community refused to believe him. The prevailing opinion at the time was that the space was total vacuum."When he submitted his paper detailing his theory to the Astrophysical Journal, the most prominent research journal of the field, it was rejected twice by two different reviewers who were asked to provide opinions," Dibyendu Nandi, an associate professor at Indian Institute of Science Education and Research (IISER) Kolkata, told PTI."The Senior Editor of the Astrophysical Journal intervened and overruled the reviewers and allowed the idea to be published. That Editor was the Indian-American astrophysicist Subrahmanyan Chandrasekhar," said Nandi, who is also the chairman of the Working Group on Solar-Stellar Environments of the International Astronomical Union (IAU)."Chandra, as he was popularly known, is another astrophysicist with his name tagged to a space mission, NASA's Chandra X-ray Observatory," Nandi said.Chandrasekhar was awarded the 1983 Nobel Prize for Physics with William A Fowler for studies of the physical processes of importance to the structure and evolution of the stars.Perhaps the incident shaped how Parker perceived the research work of budding Indian scientists."My PhD research supported an alternate theory for the Sun's magnetic cycle, different from a theory that had been proposed earlier by Parker," Nandi recalls."Eugene Parker had the vision to recognise the possibilities discussed in my thesis, and the magnanimity to write a glowing review of a thesis for an unknown student from a far away country - a PhD thesis that contradicted one of his own theories," he said."I have learnt a very important lesson of my professional scientific career from him: to be generous to the ideas of others, as long as they are not obviously wrong, and even if they contradict my own personal views," he said.A mission like Parker Solar Probe has been a dream of scientists for decades, but only recently has the required technology - like the heat shield, solar array cooling system, and fault management system - been available to make such a mission a reality.The car-sized spacecraft will travel directly into the Sun's atmosphere, about four million miles from its surface - and more than seven times closer than any spacecraft has come before, thanks to its innovative Thermal Protection System.The USD 1.5 billion mission will perform the closest-ever observations of a star when it travels through the Sun's outer atmosphere, called the corona.It will make 24 passes through the corona during its seven-year mission. The mission will rely on measurements and imaging to revolutionise our understanding of the corona and how processes there ultimately affect near-Earth space. PVR set to acquire SPI cinemas in a cash-cum-stock deal valued at over Rs 850 crore MUMBAI: After years of on-again-off-again negotiations, Ajay Bijli-led Indiaâs leading multiplex chain PVR Ltd has finally reached an agreement with South Indiaâs largest premium cinema exhibitor SPI Cinemas to acquire the company at an enterprises valuation of over Rs 850 crore.In a cash and stock deal PVR will acquire SPI Cinemas, which operates brands like Sathyam Cinemas, Escape, Palazzo, The Cinema and S2, in key markets of Tamil Nadu, Telangana, Andhra Pradesh, Karnataka, Kerala, and Mumbai.SPI Cinemas has a network of 76 screens (68 operational and 8 expected to commence operations soon) across 17 properties and 10 cities. The company also has a signed pipeline of over 100 screens which are expected to be rolled out over the next 5 years.Under the terms of the proposed acquisition, PVR would acquire 71.7% stake in SPI Cinemas from existing shareholders for a total consideration of Rs 633 crore, and will issue 1.6 million new equity shares of PVR, constituting approximately 3.3% of the diluted paid up equity share capital of the company for the remaining stake. At current share price of Rs 1,317 per share, PVR will issue new shares worth over 210 crore.EY India, the leading firm for media transactions in India, was the exclusive financial advisor on the transaction.ET had first reported on January 12, 2015 that PVR and SPI Cinemas are in talks and the deal size could be around Rs 750-800 crore. However, the talks failed at that time.Post the acquisition, PVRâs total screen count will increase to 706 screens across 152 properties and 60 cities. The acquisition will also propel PVR as the 7th largest cinema exhibitor in the world in terms of annual admissions at its theatres, which will be in excess of 100 million.SPI Cinemas, PVR said, has the highest occupancies across all organised multiplex chains in the country and is expected to achieve annual admissions of approx. 16-17 million in FY19 and revenues of Rs 410- 420 crore. SPI is also one of the key movie distributors in the state of Tamil Nadu.Kiran M Reddy and Swaroop Reddy, owners of SPI Cinemas, will continue to remain associated with the business and provide strategic guidance in integrating the business with PVR and create value for all the stakeholders, the two companies said.The transaction is expected to be closed in next 30 days and the merger process is expected to be completed in next 9-12 months.Ajay Bijli, chairman cum managing director, PVR, said âThe acquisition of SPI Cinemas is of significant strategic value for PVR and will further cement our market leadership position in India.âBijli said the acquisition will make PVR the undisputed leader in the South Indian market and provide an attractive platform to expand in that geography, which currently is highly under-penetrated in terms of multiplexes.âThis transaction is a significant step in helping us achieve our vision of having 1000 screens by 2020,â Bijli said.âThis combines two proven business models and will create significant value for moviegoers as well as all the stakeholders,â said Kiran Reddy of SPI Cinemas. - 2nd Test: India 17/2 at lunch, trail England by 272 runs
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- Uttar Pradesh: Woman beaten to death over dowry
- Will not be able to make my kind of films if I stop being simple: Aanand L Rai
- Parking restrictions at metro stations for Independence Day security: DMRC
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- NIA arrests two in ISIS related case at Hyderabad
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Sunday, August 12, 2018
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