first_imgSundaram Mutual Fund has launched a closed-end income scheme called Sundaram Fixed Term Plan – HT. The issue opened on Wednesday (Aug. 31) and will remain open till Thursday (Sept. 1).The scheme will have a duration of 1,100 days from the date of allotment of units to investors and will invest in debt and money market securities that would mature on or before the maturity of the scheme, according to the offer document.There are two options for investors under the scheme: growth and dividend payout (quarterly and half-yearly). The minimum investment is Rs. 5,000 and in multiples of Rs. 10 thereafter per application.There won’t be any buyback of units given that it is a closed-end scheme. “The Fund will not buy the units back till the maturity of the scheme. However, in order to provide the liquidity to the investors, the units of the Scheme are proposed to be listed on National Stock Exchange of India Limited (NSE) within 5 business days from the date of allotment,” the offer document disclosed.Other details of Sundaram Fixed Term Plan-HT:Entry load: NilExit Load: Not ApplicableDividend will be distributed at the discretion of the Trustee from the available distributable surplus, if any. The dividend when declared will be paid (subject of deduction of tax at source).Unitholders may choose to receive the redemption/dividend proceeds in any of the bank accounts, the details of which are registered with the AMC by specifying the necessary details in the “Bank Accounts Registration form”.Individuals, HUFs, Sole proprietor firms can register up to five bank accounts and other investors can register up to ten bank accounts in a folio.Sandeep Agarwal is the fund manager.On all working days, NAV will be computed (except in special circumstances detailed in the Statement of Additional Information/Scheme (NAV) Publication Information Document) and shall be published in at least two daily newspapers having circulation all over India and updated on the websites of Sundaram Asset Management.last_img read more

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first_img 00:00 /00:00 Share To embed this piece of audio in your site, please use this code: Listen Al OrtizFrom left to right: Marta Crinejo, Agenda Director for the City of Houston; Sylvester Turner, Mayor; and Ellen Cohen, Mayor Pro-Tem during the Council meeting held on May 10th 2017.Mayor Sylvester Turner is working all the angles and using all his connections to make sure the City’s pension reform happens this year, but he is also trying to ensure the final version of the bill is the one he deems the best for Houston’s financial future.Having served in the Texas Legislature since the late 1980s, Turner knows all the nitty gritty strategies to get things done in Austin and a big one is influencing the right people.“My focus is primarily with the Lieutenant Governor,” the Mayor commented during the customary press conference held after the Wednesday meeting of the City Council.Turner is talking to Dan Patrick — the leader of the senate — because the pension reform bill is about to go to a conference committee, where it will be shaped towards a final version. The Lieutenant Governor will designate five Senators who will serve on the conference committee.Speaker Joe Straus, with whom the Mayor is also in contact, will do the same in the House of Representatives.The members of the conference committee are important because they will decide which amendments remain and which are removed.So, Turner is letting Patrick and Straus know which amendments he doesn’t want to survive.Al OrtizHouston Mayor Sylvester Turner is communicating with Lieutenant Governor Dan Patrick and House Speaker Joe Straus to let them know which amendments he doesn’t want in the final version of the pension reform bill because he doesn’t think they will benefit the City’s finances.The amendment the Mayor sees as the main problem is authored by Representative Dwayne Bohac (Republican-Houston) and would exempt more than 3,000 retired firefighters from benefit cuts.“It’s the one that has the highest cost. It’s twenty 27 dollars annually and it adds 400 million dollars to the unfunded liability,” noted Turner.The legislative session ends on May 29th and the Mayor is confident there is enough time for the bill to pass.EDITOR’S NOTE: This story has been corrected from an earlier version. There is one conference committee, not two. We regret the error. X last_img read more

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first_imgRapper Wale is “overjoyed” with the birth of his first child, a baby girl named Zyla Moon Oluwakemi.“What’s better than holding your fresh baby on ur chest and watching TV? Fatherhood is wavy,” the D.C.-area rapper wrote on Twitter. “I’m ridiculously proud of this creation.”According to TMZ, the arrival of baby Zyla caused the 31-year-old to cancel a scheduled performance at the One Africa Music Fest in Brooklyn on July 22. Wale welcomed the baby with longtime girlfriend Chloe Alexis, but said he kept the secret of her pregnancy close because of “the downward spiral that ensued” when a past pregnancy ended after complications.“I kept this very private as I prayed every day to receive this blessing,” Wale said in lengthy Instagram post, which included baby Zyla’s hand grasping his own. “Imma keep workin on me and pray to God I can design a young princess who flourishes to an absolute queen.”Wale said that he decided on the title of his new album “Shine” when he found out he had a baby girl on the way.“I want to be a better man than I ever been.” he wrote. “I’m so flawed I’m so imperfect and the world knows it…I just want to honestly be the best version of myself I can be,” he said. “My focus is renewed I’m infinitely in love with my princess.”In the days since her birth, Wale has sung his daughter’s praises all over social media calling her “beautiful” and “perfect,” adding that the day she was born was the first time he ever “cried and smiled at the same time.”The Nigerian-born artist’s was thrust into the international spotlight with hits like “Pretty Girls,” “Diary,” and “90210” off his debut album “Attention Deficit,” released in 2009. Wale has since been signed to the Maybach Music Group, where he has released three albums, including “Ambition,” “The Gifted” and “The Album About Nothing.” His next album, “Shine,” is expected this year.last_img read more

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first_imgCome and witness the two plays called The Plaza Suite and Ek The Bhoot. Two different genres which vouch to take you on an emotional rush ride. Produced by Curtain Call productions, The Plaza Suite is directed by Vishesh Dhuria and Ek The Bhoot by Manil Mayank Mishra.Categorised as a Rom-Com, The Plaza Suite is composed of three acts, each involving different characters but all set in Suite 719 of New York city’s Plaza hotel. ‘It’s a tribute to Valentine’s day from my end. I am hugely inspired by Neil Simons stories. This story is also written by him. It further portrays all sorts of emotions involved in relationships. The story follows how three couples undergoing different conflicts meet on a common ground in the suite and how they find a vent to their personal issues,’ says Vishesh. The second play, Ek Tha Bhoot is a satire with a message on how God is is both the creator and the caretaker of the universe, but that doesn’t mean that human beings should just leave everything in his hands. They too have to do their part because in the end, God looks after the ones who look after themselves. Also Read – ‘Playing Jojo was emotionally exhausting’‘The play is adapted from Vijay Tendulkar’s Vitthala. We have taken the entire ideology and contemporarised it for the viability of the audience’s understanding. Though the morality bent and lesson remains the same. The major highlight being the dichotomy between the existence of god and ghosts good vs evil debate is seen in a new light. Finally I have tried to re-root and reinvent the conceptual understanding of the existing good and bad in the  society which would take a space in people’s hearts,’ says Manil.When: 14 FebruaryWhere: Akshara Theatrelast_img read more

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first_imgThere are more “copy masters” and fewer trendsetters among those playing the sarod these days, laments maestro Ustad Amjad Ali Khan, saying the focus for performers today is the “shining, glittering” world of television and social media. “Since they have access to content and recordings especially on YouTube, it’s easy for them to imitate any sarod player. So, now we have lots of copy masters in the country. The trendsetters are very, very rare,” the 72-year-old music guru said. Also Read – Add new books to your shelf”Globally, there are about 500 sarod players. Unfortunately, instead of learning and understanding the depth of Indian classical music, every sarod player has a very strong opinion,” he further explained being very sad about the present state. “The focus is only to perform because of the glittering, shining world of television and social media where you can post anything and say anything,” the sarod virtuoso maintained. Khan is sixth in the lineage of a family devoted to Indian classical music’s Senia Bangash Gharana. The 2001 Padma Vibushan recipient first performed when he was just six years old. Also Read – Over 2 hours screen time daily will make your kids impulsiveKhan, who was trained by his father, Gwalior court musician Hafiz Ali Khan, said he couldn’t think of doing anything other than playing the sarod as its sound had a global appeal. “It was my duty, my pleasure, my passion to carry on the family tradition,” he said, referring to the work of the generations before him and his ambition to take it forward. “I wanted to make the canvas much larger, much bigger, and be more expressive on the Sarod,” the widely-heard musician added. He also pointed to the differences between his learning days and the present day. “I didn’t have access to tape-recorders because there was no money to buy them. There was no television; One could only hear music through All India Radio. “There used to be a very important programme on Saturday night which I heard, called the National Programme of Music,” he recalled. On teaching his own sons, Amaan Ali Bangash and Ayaan Ali Bangash — themselves established names in the field of sarod — the Ustad said that it was a big responsibility.”Teaching my own sons was not my decision. They showed interest and positive signs, and then I shared everything with them,” he said. “I tried to introduce music to Amaan, my elder son, from his very early days. I tried interesting methods to teach so that he doesn’t find it difficult.” Ayaan, his younger son, soon followed in his footsteps, and as per the music maestro, both of them are on the “right track” in life. After rendering the National Anthem on sarod, they recently turned to the bhajan “Vaishnav Jan To”, which Mahatma Gandhi held close to his heart. They rendered it an an HCL concert, part of a monthly series, here last week. His association with Gandhi goes back to his 125th birth anniversary, when he played an improvised ‘Baapu Cause’ ‘raga’ at a Unesco commemoration in Paris.IANSlast_img read more

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first_imgAddThis ShareMEDIA ADVISORYDavid Ruthdavid@rice.edu713-348-6327Jeff Falkjfalk@rice.edu713-348-6775‘Political Uncertainty and Mexico’s Energy Reform’ is topic atRice’s Baker Institute Feb. 15HOUSTON – (Feb. 6, 2018) – Jesús Reyes-Heroles, former CEO of Pemex and Mexico’s former secretary of energy, will discuss the latest developments in Mexico’s energy sector at Rice University’s Baker Institute for Public Policy Feb. 15. In light of the upcoming Mexican presidential elections in July, a panel of experts also will offer perspectives on the potential for changes to the reform and its implementation.Hosted by the Baker Institute’s Mexico Center and Center for Energy Studies, the event is free and open to the public but registration is required.Who: Jesús Reyes-Heroles, former CEO of Pemex, Mexico’s former secretary of energy and currently executive president of StructurA, a group of consulting firms, as well as nonresident fellow in the Baker Institute’s Mexico Center.Panelists Miriam Grunstein, chief energy counsel at Brilliant Energy Consulting and nonresident scholar in the Mexico Center, and Lourdes Melgar, research affiliate in the Center for Collective Intelligence at the Massachusetts Institute of Technology and Mexico’s former deputy secretary of energy for hydrocarbons.Francisco Monaldi, fellow in Latin American energy policy at the Baker Institute, will serve as moderator.What: An event titled “Political Uncertainty and Mexico’s Energy Reform.”When: Thursday, Feb. 15, 8:30-11:45 a.m. (Breakfast will be served at 8.)Where: Rice University, Baker Hall, Doré Commons, 6100 Main St.Mexico has successfully implemented its energy reform, which has led to increased private participation in its oil and gas blocks and continued interest from major international exploration and production firms, according to event organizers. Now, as Mexico prepares to hold a presidential election in July, many investors wonder if changes in leadership will also lead to changes to the implementation of the reform or in the contracts negotiated with the current administration, organizers said.The public must RSVP for the event at www.bakerinstitute.org/events/1919. A live webcast will be available at the event page.Members of the news media who want to attend should RSVP to Jeff Falk, associate director of national media relations at Rice, at jfalk@rice.edu or 713-348-6775.For a map of Rice University’s campus with parking information, go to www.rice.edu/maps. Media are advised to park in the Central Campus Garage.-30-Follow the Baker Institute via Twitter @BakerInstitute.Follow the Baker Institute’s Mexico Center via Twitter @BakerMexicoCtr.Follow the Baker Institute’s Center for Energy Studies via Twitter @CES_Baker_Inst.Follow Rice News and Media Relations via Twitter @RiceUNews.Founded in 1993, Rice University’s Baker Institute ranks among the top three university-affiliated think tanks in the world. As a premier nonpartisan think tank, the institute conducts research on domestic and foreign policy issues with the goal of bridging the gap between the theory and practice of public policy. The institute’s strong track record of achievement reflects the work of its endowed fellows, Rice University faculty scholars and staff, coupled with its outreach to the Rice student body through fellow-taught classes — including a public policy course — and student leadership and internship programs. Learn more about the institute at www.bakerinstitute.org or on the institute’s blog, http://blogs.chron.com/bakerblog. last_img read more

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