Indian writer wins USD 100,000 global book prize

Agencies
May 30, 2019

Mumbai, May 30: Indian writer Annie Zaidi was on Wednesday announced as the 2019 winner of the USD 100,000 Nine Dots Prize, a prestigious book prize created to award innovative thinking that addresses contemporary issues around the world.

Mumbai-based Zaidi, a freelance writer whose work includes reportage, essays, short stories, poetry and plays, won for her entry ‘Bread, Cement, Cactus' – combining memoir and reportage to explore concepts of home and belonging rooted in her experience of contemporary life in India.

“What really appealed to me about the Nine Dots Prize was the way it encourages entrants to think without borders or restraints. My work has often crossed over genres, traversing between memoir and journalism, and this timely but wide-open question encouraged us to approach it with methods that were equally far-ranging,” said the 40-year-old winner.

Now in its second cycle, the prize challenged entrants to answer the question ‘Is there still no place like home?' in a 3,000-word essay. The winner of the Nine Dots Prize is supported to develop their response into a full-length book, which is published by Cambridge University Press (CUP), and given the opportunity to spend a term at the Centre for Research in the Arts, Social Sciences and Humanities (CRASSH), Cambridge University.

“I had been working towards a similarly themed project for a while but didn't have the financial, or even mental, bandwidth to do it justice. The Prize will allow me to dedicate time to the examination of this question, which is of critical importance in the modern world – and it will help fund the necessary research trips, which, as a freelancer, is something I appreciate hugely,” said Zaidi, who works on fiction, scripts and columns for magazines and newspapers.

She has published both fiction and non-fiction, including a collection of essays ‘Known Turf: Bantering with Bandits and Other True Tales', which was shortlisted for the Crossword Book Award in 2010, and ‘Love Stories # 1 to 14' – a collection of short fiction published in 2012.

Her new proposed book, based on her Nine Dots Prize winning essay ‘Bread, Cement, Cactus', will be published by CUP in May 2020 and will answer the central question through examining how a citizen's sense of “home” might collapse, or be recovered. The varied themes it will address include the politics and economics of death in India, the crossing of caste and religious lines in marriage, and the Partition of India as a great cultural and emotional sundering.

“In Annie Zaidi we have found a powerful and compelling voice with a unique insight into what home means for citizens of the world today. We are very excited to see how Annie's work will develop over the coming year and hope that it will help further current conversations around the concept of belonging worldwide,” said Professor Simon Goldhill, Professor in Greek Literature and Culture and Fellow of King's College, Cambridge University, and Chair of the Nine Dots Prize Board.

“The anonymous judging process is crucial to the Nine Dots Prize's mission to discover new ways of tackling contemporary issues, whether they come from established thinkers or new voices. The fact that our second winner is so different from our first is testament to the success of this method,” he said.

The inaugural Nine Dots Prize posed the question “Are digital technologies making politics impossible?” and was won by former Google employee turned Oxford philosopher James Williams. The resulting book, ‘Stand Out of Our Light: Freedom and Resistance in the Attention Economy', was published in May 2018 to critical acclaim.

The Nine Dots Prize is judged anonymously and funded by the Kadas Prize Foundation, a UK-registered charity established to fund research into significant but neglected questions relevant to today's world. The Prize name name references a lateral thinking puzzle that can only be solved by drawing outside of a box of nine dots arranged in three rows of three.

The foundation was established by Peter Kadas, who has worked around the world for a number of leading institutions. Originally from Hungary, he holds Canadian and British citizenship and currently lives in Barcelona, Spain.

Besides Kadas and Prof Goldhill, the Nine Dots Prize Board is comprised of 9 other internationally recognised and distinguished academics, authors, journalists and thinkers.

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News Network
March 18,2020

San Francisco, Mar 18: Facebook said a bug in its anti-spam system temporarily blocked the publication of links to news stories about the coronavirus. Guy Rosen, Facebook's vice president of integrity, said on Twitter Tuesday that the company was working on a fix for the problem.

Users complained that links to news stories about school closings and other information related to the virus outbreak were blocked by the company's automated system.

Later on Tuesday, Rosen tweeted that Facebook had restored all the incorrectly deleted posts, which also covered topics beyond the coronavirus.

Rosen said the problems were unrelated to any changes in Facebook's content-moderator workforce. The company reportedly sent its human moderators home this week because of the coronavirus outbreak.

A representative for Facebook did not immediately respond to questions on the status of Facebook's content moderators, many of whom do not work directly for the company and are not always able to work from home.

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Agencies
July 19,2020

New Delhi, Jul 19: Three of the 10 most valued companies added a total of Rs 98,622.89 crore to their market valuation last week, led by stellar gains in IT major Infosys.

Seven companies from the coveted list witnessed a decline in their market valuation last week, but their cumulative loss of Rs 37,701.1 crore was less than the total gain made by three firms -- Reliance Industries Limited, Hindustan Unilever Limited and Infosys.

The market capitalisation of Infosys zoomed Rs 52,046.87 crore to Rs 3,85,027.58 crore. Shares of Infosys had rallied over 9 per cent on Thursday after the company posted a stronger-than-expected 12.4 per cent rise in the first quarter consolidated net profit.

Hindustan Unilever Limited added Rs 25,751.07 crore in its market valuation which stood at Rs 5,48,232.26 crore at close on Friday. Reliance Industries' m-cap jumped Rs 20,824.95 crore to Rs 12,11,682.08 crore.

In contrast, HDFC's valuation plunged Rs 13,920.21 crore to Rs 3,13,269.70 crore and that of Tata Consultancy Services (TCS) declined Rs 7,617.34 crore to Rs 8,26,031.21 crore.

The valuation of ICICI Bank tumbled Rs 4,205.71 crore to Rs 2,29,156.24 crore and that of Kotak Mahindra Bank by Rs 4,175.28 crore to Rs 2,62,864.37 crore.

Bharti Airtel's m-cap dipped Rs 4,009.83 crore to Rs 3,09,521.05 crore and HDFC Bank's by Rs 3,403.97 crore to Rs 6,03,463.97 crore.

The valuation of ITC declined by Rs 368.76 crore to Rs 2,38,469.29 crore.

In the ranking of top-10 firms, RIL was at the number one rank followed by TCS, HDFC Bank, HUL, Infosys, HDFC, Bharti Airtel, Kotak Mahindra Bank, ITC and ICICI Bank.

During the last week, the 30-share BSE index advanced 425.81 points or 1.16 per cent.

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Agencies
March 14,2020

New Delhi, Mar 14: Excise duty on petrol and diesel was on Saturday hiked by ₹3 per litre as the government looked to mop up gains arising from fall in international oil prices.

Special excise duty on petrol was hiked by ₹2 to ₹8 per litre incase of petrol and to Rs 4 incase of diesel, an official notification said.

Additionally, road cess on petrol was raised by ₹1 per litre each on petrol and diesel to ₹10.

The increase in excise duty would in normal course result in a hike in petrol and diesel prices but most of it would be adjusted against the fall in rates that would have necessitated because of slump in international oil prices.

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