ICICI Bank Likely to Sell its Housing Finance Unit For ₹4400 Crore

first_imgPrivate sector lender ICICI Bank could sell its housing finance unit to private equity firms and may be looking for a valuation of about ₹4,400 crore for ICICI Home Finance, said a media report.To carry out the transaction, ICICI Bank — India’s second largest bank in terms of market capitalisation — roped in Citibank two weeks back, according to the sources close to the development.”The mandate was given recently and some private equity players and a couple of other investors have been approached by the investment bank. Although it’s too early to say but some PE players may consider entering the housing finance sector,” a source told The Economic Times.”ICICI Bank keeps receiving enquiries from time to time from interested parties regarding its stake in ICICI HFC but has not taken any decision to sell its stake in this company,” an ICICI Bank spokesman said.ICICI Home Finance accounts for nearly 10% of the “book value of total home loans” lent by ICICI.”ICICI Bank’s mortgage business is primarily done within the bank and this business has been growing rapidly. Only a very small portion of the bank’s overall mortgage business is done by ICICI Home Finance Company,” the spokesman added.However, Citibank did not comment on the speculations.The Reserve Bank of India (RBI) has to give its nod for the deal, as ICICI Home Finance comes under Non-bank financial companies (NBFCs). On Thursday, the RBI notified that the sale of NBFCs requires its approval.”Even the banking regulator has time and again told banks to focus on their core business. Exiting the smaller ticket size market would also help the bank maintain a healthy CASA (current and saving account) ratio,” said a senior banking analyst at a consultancy.last_img read more

How Boxing Kept Houstons Maurice Termite Watkins Out Of Jail

first_imgWikipedia CommonsBoxer and Houston native Maurice “Termite” Watkins. X To embed this piece of audio in your site, please use this code: 00:00 /01:36center_img When Maurice “Termite” Watkins was ten, he was consistently getting into trouble with the law. So his dad introduced him to the sport of boxing.It worked.At 16 years old, Watkins, a Houston native, became the youngest ever Golden Gloves champion, the annual national amateur boxing competition.Abner Fletcher/Houston Public MediaHouston boxer Maurice “Termite” Watkins.Soon after, he turned professional and was a top-ten contender. In 1980, he challenged Saoul Mamby for the W.B.C. World Light Welterweight Championship, losing in a 15-round decision.Later in life, Watkins was tasked with coaching the Iraqi national boxing team to compete in the 2004 Olympics in Athens. One boxer was able to qualify.Watkins is now managing and training Evan Holyfield, the son of former boxing champion Evander Holyfield.Video Playerhttps://cdn.hpm.io/wp-content/uploads/2019/08/02100250/Houston-Matters-2019-08-02-at-9.27am.mp400:0000:0000:18Use Up/Down Arrow keys to increase or decrease volume.In the audio above, Watkins talks about his career and starting his Fighter Nation Boxing Gym ministry.Fighter Nation/FacebookMaurice “Termite” Watkins (back row, third from left) poses with youth from his Fighter Nation Boxing Gym. Listen Sharelast_img read more

Hundreds Pay Respects for Woman Slain in Waffle House Attack

first_imgBy SHEILA BURKE, The Associated PressHundreds of people thronged a Tennessee church on April 27, some hugging and crying, as they paid their respects for a college student killed in the weekend shooting rampage at a Waffle House.The line of mourners waiting to give their condolences to the family of DeEbony Groves, 21, was so long that it snaked outside the First Baptist Church in Gallatin. Her parents and other stood in the front of the church beside her open casket. People cried, hugged and told stories of the woman who went by the nickname of Shae (SHAY). Those who loved her wore buttons bearing her picture.Friends and family release balloons during a candlelight vigil for Antioch Waffle House shooting victim Akilah DaSilva in Centennial Park in Nashville, Tenn., Thursday, April 26, 2018. DaSilva was a musician living in the southeast Nashville neighborhood of Antioch where the attack occurred. A family member said his funeral would be private. He was gunned down inside the restaurant. (Alan Poizner/The Tennessean via AP)Groves was a senior at Nashville’s Belmont University majoring in social work. She was remembered by family members Friday as a vivacious and outgoing woman. A beaming smile was on display in so many of the pictures shown that were taken throughout her life, including one where she is holding a fish that looks like she caught.And while her cousins said she could easily brighten up any room, they also described her as whip smart and someone who accomplished whatever she set out to do.Groves was very determined and was a perfectionist, her cousin, Juanesha Rodriguez, said.“She did, I think, what she could do in the time she had,” she said.She also loved children and hated to see them hurting, said her aunt, Carol Bibbs.Groves and three others were killed Sunday by a gunman who opened fire outside the restaurant with an AR-15 rifle and then stormed the restaurant.Also killed was Akilah DaSilva, a 23-year-old rap artist from Antioch, Joe Perez, a 20-year-old who lived in Nashville and Taurean Sanderlin, a 29-year-old employee at the restaurant. Four people were injured.Travis Reinking, 29, has been arrested and charged in connection with the shooting. He is facing multiple charges, including four counts of criminal homicide. A public defender listed as his attorney has not returned a message seeking comment.Police have yet to establish a motive.last_img read more

Four Louisville StudentAthletes Honored as WeaverJamesCorrigan Award Recipients

first_imgStory Links Erika Osherow Virginia Softball Jeanine Williams Georgia Tech Women’s Track & Field Honorary Postgraduate Scholarship Nominees Jaquan Johnson Miami Football Anton Ipsen NC State Men’s Swimming and Diving SIDNEY MELTONA three-year starter, Melton was a 2018 All-ACC first team honoree after leading the Cardinals with a career-best 45 runs and finishing second on the team with 15 stolen bases. She was also a 2016 all-ACC tournament selection. The redshirt-senior infielder currently leads the team with 10 runs and stands ninth on Louisville’s career list for runs (120) and stolen bases (36). Her success extends to the classroom as a three-time National Fastpitch Coaches Association (NFCA) Scholar Athlete and All-ACC Academic Team member while majoring in health and human performance and exercise science with minors in sport administration and psychology. This year’s list includes three student-athletes who will also receive the Thacker Award and nine student-athletes who plan to pursue professional careers in their chosen sports and were named honorary recipients, which includes Louisville’s Cason. The student-athletes will be honored at the annual Cone Health ACC Postgraduate Scholarship Luncheon presented by ESPN on April 10. The luncheon will be hosted by the Nat Greene Kiwanis Club at the Sheraton Four Seasons Hotel Imperial Ballroom in Greensboro, N.C. Christian Wilkins Clemson Football Santita Ebangwese Syracuse Women’s Volleyball Holly Hankenson Louisville Women’s Track & Field Rachel Politi Virginia Women’s Swimming and Diving Juliane Grashoff Wake Forest Field Hockey Olivia Cason Louisville Women’s Golf Luke Maye North Carolina Men’s Basketball Arianna Lee Syracuse Rowing Asiya Dair Boston College Women’s Tennis Petros Chrysochos Wake Forest Men’s Tennis Miranda Weslake Clemson Women’s Soccer Dallas Dorosy Florida State Women’s Soccer Blaine Boyden North Carolina Men’s Tennis Mimi Smith* Wake Forest Women’s Cross County / Track & Field Thomas Ueland Notre Dame Men’s Soccer Amy Ruiz Georgia Tech Women’s Track & Field Alice Hewson* Clemson Women’s Golf Brianne Burkert Florida State Women’s Volleyball Mitchell Finesilver Duke Wrestling Ian Ho Virginia Tech Men’s Swimming and Diving Jamie Brunworth Miami Women’s Soccer Virginia Elena Carta Duke Women’s Golf Jaila Tolbert Virginia Tech Women’s Volleyball Lindsay Morrow NC State Women’s Swimming and Diving LOUISVILLE, Ky. – University of Louisville student-athletes Olivia Cason (women’s golf), Holly Hankenson (women’s track and field), Sidney Melton (softball) and Molly Sauer (volleyball) were among 52 recipients of the 2019 Weaver-James-Corrigan Postgraduate Scholarship Award announced on Thursday by the Atlantic Coast Conference. Hannah Moore NC State Women’s Swimming and Diving The Weaver-James-Corrigan and Jim and Pat Thacker postgraduate scholarships are awarded to selected student-athletes who intend to pursue a graduate degree following completion of their undergraduate requirements. Each recipient will receive $6,000 toward his or her graduate education. Those honored have performed with distinction in both the classroom and their respective sport, while demonstrating exemplary conduct in the community. Allison Miller Notre Dame Women’s Tennis The following student-athletes will be honored as 2019 ACC Postgraduate Scholars: Sabrina Flores Notre Dame Women’s Soccer Alex Comsia North Carolina Men’s Soccer HOLLY HANKENSONHankenson earned second team All-American honors in the pentathlon at the 2018 NCAA Indoor Championships. She was the 2018 ACC Indoor pentathlon champion and set a new school record with 4,175 points. She was also the ACC runner-up at the ACC Outdoor Championships in the heptathlon. The marketing major has been named to the All-ACC Academic Team for three straight years. She was also named to the College of Business Dean’s List for the last three seasons.  Kamalani Akeo Pitt Women’s Volleyball * Thacker Award recipient Ann Isabelle Kennedy Boston College Women’s Track & Field Marcus Cunningham Syracuse Men’s Lacrosse Morgan Goetz North Carolina Field Hockey Taylor Emery* Virginia Tech Women’s Basketball Kayla McCoy Duke Women’s Soccer Sydney Wootten NC State Women’s Soccer ABOUT THE WEAVER-JAMES-CORRIGAN AWARDThe Weaver-James-Corrigan Award is named in honor of the late Jim Weaver and Bob James, as well as Gene Corrigan, the first three ACC commissioners. The league’s first commissioner, James H. Weaver, served the conference from 1954-70 after a stint as the Director of Athletics at Wake Forest University. His early leadership and uncompromising integrity are largely responsible for the excellent reputation enjoyed by the ACC today.Robert C. James, a former University of Maryland football player, was named commissioner in 1971 and served in that capacity for 16 years. During his tenure, the league continued to grow in stature and became recognized as a national leader in athletics and academics, winning 23 national championships and maintaining standards of excellence in the classroom.Eugene F. Corrigan assumed his role as the third full-time commissioner on September 1, 1987 and served until August of 1997. During Corrigan’s tenure, ACC schools captured 30 NCAA championships and two national football titles.Prior to 1994, the Weaver-James postgraduate scholarships were awarded as separate honors, including the Jim Weaver Award, the Marie James Award and the Bob James Award. Zach Allen Boston College Football Chesdin Harrington Virginia Baseball Megan Anderson Wake Forest Field Hockey OLIVIA CASONCason is in the final season of her four-year career with the Cardinals. The finance major is a three-time All-ACC Academic team selection and earned WGCA All-American Scholar honors in 2018. Cason has played in 40 events for Louisville, tallying 10 top-10 finishes including a sixth-place showing at the NCAA Bryan Regional as a freshman that qualified her for the NCAA Championship. The senior currently ranks eighth in Louisville history with a 74.88 career stroke average. Olivia Gray Pitt Softball ABOUT THE THACKER AWARDThe Thacker Award, which originated in 2005, is awarded in honor of the late Jim and Pat Thacker of Charlotte, North Carolina. Jim Thacker was the primary play-by-play announcer for the ACC’s first television network. Recipients of the award must demonstrate outstanding performance both in athletic competition and in the classroom and intend to further their education through postgraduate studies at an ACC institution. Clemson’s Alice Hewson, Virginia Tech’s Taylor Emery, and Wake Forest’s Mimi Smith are this year’s Thacker Award winners. Roxanne Yu Miami Women’s Swimming and Diving Molly Sauer Louisville Women’s Volleyball Meghan King Florida State Softball Brian Lovasik Pitt Men’s Swimming and Diving Print Friendly Version Demetrius Jackson Miami Football Brad Stewart Georgia Tech Football Drue Tranquill Notre Dame Football MOLLY SAUERA four-year starter, Sauer was named AVCA Honorable Mention All-American after earning First Team All-East Region and All-ACC, the only four-time member on the list. She was the 2015 Defensive Player of the Year and the Freshman of the Year (the only player to ever double up on those two awards) and the 2017 Defensive Player of the Year. She was a three-time member of the All-ACC Academic Team, one of only four players in the conference to earn the honor three straight years. Sidney Melton Louisville Softball James Clark Georgia Tech Men’s Golflast_img read more

Members of two Purulia families join Trinamool

first_imgKolkata: The members of two families from Purulia whose houses were visited by BJP national president Amit Shah on Thursday, joined Trinamool Congress on Friday.Sishubala Rajghar and her son Sanjay and Astami Rajghar and her son Puchu, came to the Trinamool office in Kolkata and joined the party.Dr Santanu Sen, Trinamool Congress Rajya Sabha MP, said that the families from Labda village are not associated with BJP in any way. On Thursday, Shah, along with other BJP leaders, went to their house and spent some time there. Also Read – Speeding Jaguar crashes into Merc, 2 B’deshi bystanders killed”They got frightened after Shah and his team left and without wasting any time, they left for Kolkata. As they saw Abhishek Banerjee, the party’s Youth Congress president in a meeting, they came to Kolkata and took shelter in the party office,” said Sen.Sen said the persons are apolitical and over the past eight years, they have seen major changes taking place in the area, following the initiative taken by Mamata Banerjee.”The roads have improved and people are getting power and drinking water. People had been deprived of basic amenities in the past 34 years under the CPI-M rule. Children are going to school,” he maintained.Local people said the families had shifted to BJP recently. Their relatives still support BJP. On Thursday, some BJP leaders, along with Shah, visited their houses and stayed there for five minutes.Trinamool leaders alleged that BJP had brainwashed the poor people by making false promises and during the Panchayat election, they spent money to win four Gram Panchayats and Panchayat Samitys in Purulia.last_img read more

Statue of test tube baby pioneer to be unveiled at his birthplace

first_imgKolkata: After Bengal, it is now time for Jharkhand to pay tribute to Dr Subhash Mukherjee, the creator of India’s first test tube baby, who had almost gone into oblivion.Though Dr Mukherjee was born in Jharkhand’s Hazaribagh district, Bengal had been his workplace for a very long time. After coming to power, the Mamata Banerjee government has paid due respect posthumously to Dr Mukherjee by naming prestigious chairs after him at the two state-run medical colleges in Kolkata. Also Read – Rain batters Kolkata, cripples normal lifeFollowing Bengal’s footsteps, the Jharkhand government has now set up a statue of Dr Mukherjee outside the Sadar Hospital in Hazaribagh which will be unveiled by the district administrative officials on Sunday in presence of Prabhat Agarwal, the father of Kanupriya, India’s first test tube baby, along with Sunit Mukherjee, one of Dr Mukherjee’s colleagues. He created the country’s first test tube baby — Kanupriya Agarwal, alias Durga, in October 1978 inside his house in Kolkata with the help of some general apparatus and a refrigerator. He committed suicide in 1981 after the Left Front government had allegedly neglected his research and was harassed by the then strong gynaecologists’ lobby. He could not handle constant criticism and the outright harassment he was subjected to. The Left Front government had argued that Dr Mukherjee lacked sufficient documentation. In 2002, the Indian Council of Medical Research (ICMR) recognised his work for the first time. Also Read – Speeding Jaguar crashes into Mercedes car in Kolkata, 2 pedestrians killedProf Sajal Mukherjee, a teacher of Economics at Vinoba Bhave University in Hazaribagh and the president of Hazaribagh Bengali Association had been instrumental and he constantly lobbied various government departments so that some respect can be shown to the great man who pioneered In-Vitro Fertilization (IVF) in India. After chipping in for nearly a decade, Prof Mukherjee finally succeeded in convincing the district administration about the contribution of Dr Mukherjee in the field of medical science. Ravi Sankar Shukla who is the current DC of the district readily accepted the proposal and took necessary steps to erect the statue outside the Sadar Hospital as a mark of respect. “We are extremely happy to see that our efforts have been translated into action. The district administration has finally given its consent to set up his statue in an area which is close to the place where he was born. A book has also been published containing articles on Dr Mukherjee. We are also thankful to Partha Mazumdar, NTPC chief general manager in Hazaribagh,” Prof Mukherjee maintained. Ravi Sankar Shukla said: “After being posted here, I felt the responsibility and got in touch with the Bengali Association. The statue that has been erected here could be a befitting tribute to Dr Mukherjee. We supervised the project which was assisted by the NTPC.”last_img read more

Support ecotourism as a traveller

first_imgPlanning to go on a vacation? Try being a responsible traveller. With global warming and rising pollution levels, we need to care for our mountains, beaches, hills and the very air we breathe. Walk more, carry your own bag while shopping, suggest experts.Here are some tips on how you can save the environment while travelling:No vehicle roads: Explore a new city on foot like the Mall Road in Shimla, Cinque Terre (The Italian Riveria) and Giethoorn village (Netherlands) where vehicles are not allowed. Walking is the best option to soak up the local flavour. Also Read – Add new books to your shelfSay no to plastic bags: If you are travelling to any of the hill stations in India, be sure to carry your own bag while shopping. You won’t be getting any plastic bag even for food items!No smoking zones: A vacation in cities like Beijing, Chandigarh, Chennai, Liverpool and Mexico will mean that you have to leave your cigarette case at home as all these places are no-smoking zones.Go for green transportation: Bid goodbye to your traditional transportation modes and go for the new, trendy e-bikes and cycles which will be your best bet. Brands like Hero and many others have a whole new range of e-bikes that you will enjoy riding. Also Read – Over 2 hours screen time daily will make your kids impulsiveChoose eco-friendly dwellings: Go beyond swanky hotels and air-conditioned rooms. And choose a homestay instead. Many of them are built with eco-friendly materials and exercise initiatives like water recycling. A farm stay will offer ample opportunities to experience life at a working farm firsthand and learn valuable lessons of sustainability.Travel in packs: Don’t forget your cars can seat four people comfortably. Find people travelling the same route and pool together for a road trip. Save some petrol money and also do the environment some good. Eat local, buy local: Living in a plantation is your chance to experience the earth beneath your feet in a different way. Join the farmers in harvesting the local produce. Buy local, organic food and give back to the land that’s hosting you.Leave it the way you found it: Your keywords here are conserve, re-use and recycle. Don’t leave behind any plastic and spoil what’s perfect. Don’t use plastic at all. Dispose your waste responsibly and don’t litter your surroundings.Sightsee a little differently: Forget taxis and cabs and take the local transport instead. Cycle along the meandering paths and watch gorgeous sights scurry past you. Sightseeing is way more fun on two wheels.Plant a tree wherever you go: While you take back memories and incredible experiences from a place, leave behind a little something for the land in return. Plant a tree wherever you or sow a seed on the street, and whisper a small thank you to the place for being a wonderful host.last_img read more

Italian media group Mediaset has asked an Italian

first_imgItalian media group Mediaset has asked an Italian court to overturn an earlier government decision to postpone the beauty contest for Italian digital TV frequencies, according to newspaper Il Sore 24 Ore.The Berlusconi-family controlled media group was joined by broadcaster Centro Europa 7 in seeking to have the decision revoked, the paper reported.Mediaset was expected to be awarded two of the best slots. The Italian government postponed the beauty contest for new digital-terrestrial TV frequencies while it conducted a full analysis of how the frequencies should be used.last_img

Liberty Globalowned German cable operator Unityme

first_imgLiberty Global-owned German cable operator Unitymedia has added information to its website to inform subscribers about the technical and registration requirements involved in acquiring their own internet routers ahead of the opening up of the Germany market for routers on August 1.Unitymedia has created a specific website and blog to let users know how to set up their routers.The German parliament, the Bundestag, passed a law in November last year that forces ISPs to allow subscribers to choose their own routers or cable modems, giving users ownership of their own consumer premises equipment.last_img