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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Agencies
March 15,2020

Cybercriminals continue to exploit public fear of rising coronavirus cases through malware and phishing emails in the guise of content coming from the Centers for Disease Control and Prevention (CDC) in the US and World Health Organisation (WHO), says cybersecurity firm Kaspersky.

In the APAC region, Kaspersky has detected 93 coronavirus-related malware in Bangladesh, 53 in the Philippines, 40 in China, 23 in Vietnam, 22 in India and 20 in Malaysia. 

Single-digit detections were monitored in Singapore, Japan, Indonesia, Hong Kong, Myanmar, and Thailand. 

Along with the consistent increase of 2019 coronavirus cases comes the incessant techniques cybercriminals are using to prey on public panic amidst the global epidemic, the company said in a statement. 

Kaspersky also detected emails offering products such as masks, and then the topic became more commonly used in Nigerian spam emails. Researchers also found scam emails with phishing links and malicious attachments.

One of the latest spam campaigns mimics the World Health Organisation (WHO), showing how cybercriminals recognise and are capitalising on the important role WHO has in providing trustworthy information about the coronavirus.

"We would encourage companies to be particularly vigilant at this time, and ensure employees who are working at home exercise caution. 

"Businesses should communicate clearly with workers to ensure they are aware of the risks, and do everything they can to secure remote access for those self-isolating or working from home," commented David Emm, principal security researcher.

Some malicious files are spread via email. 

For example, an Excel file distributed via email under the guise of a list of coronavirus victims allegedly sent from the World Health Organisation (WHO) was, in fact, a Trojan-Downloader, which secretly downloads and installs another malicious file. 

This second file was a Trojan-Spy designed to gather various data, including passwords, from the infected device and send it to the attacker.

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Agencies
June 12,2020

Mumbai, Jun 12: Following an overwhelming response for the mega rights issue of Mukesh Ambani-owned Reliance Industries, the partly paid-up rights shares are set to debut on stock exchanges on June 15.

The biggest ever Rs 53,124 crore rights issue was subscribed 1.59 times and received bids worth Rs 84,000 crore on June 3.

Reliance said the rights issue saw a huge investor interest, including from lakhs of small investors and thousands of institutional investors, both Indian and foreign.

In 2019, Ambani said in the Reliance's annual general meeting that the company will be net zero debt by March 2021. The company is on course to achieve its target ahead of the deadline.

"In spite of the COVID-19 crisis and the lockdowns, the due-diligence by Saudi Aramco for the planned investment in the O2C business is on track as both the parties are committed and actively engaged," he said recently.

"With a strong visibility to these equity infusions, Reliance is set to achieve net zero debt status ahead of its own aggressive timeline. We believe rights issue was a part of the company's strategy of deleveraging its balance sheet," said Ambani. 

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Agencies
June 12,2020

New Delhi, Jun 12: The Supreme Court on Friday asked Solicitor General Tushar Mehta to convene a meeting of the Finance Ministry and RBI officials over the weekend to decide whether interest incurred on EMIs during the moratorium period can be charged by banks.

A bench comprising Justices Ashok Bhushan, Sanjay Kishan Kaul and M.R. Shah queried Mehta as the court was concerned since the Centre has deferred loan for three months.

"Then how can interest of these 3 months be added?" the apex bench asked. Mehta replied: "I need to sit down with the RBI officials and have a meeting."

SBI's counsel, senior advocate Mukul Rohatgi, intervened during the proceedings and said "all banks are of the view that interest cannot be waived for a six month EMI moratorium period".

"We need to discuss it with the RBI," insisted Rohatgi.

Justice Bhushan then asked Mehta to convene a meeting of the RBI and Finance Ministry officials over the weekend, and listed the matter for further hearing on June 17.

The top court, during the hearing, indicated that it was not considering a complete waiver of interest but was only concerned that postponement of interest shouldn't accrue further interest on it.

After the RBI said the waiver of interest charges on EMIs during moratorium will lead to loss of 1 per cent of the nation's GDP, the top court had earlier asked the Finance Ministry to reply, whether the interest could be waived or it would continue during the moratorium period.

The top court said these are not normal times, and it is a serious issue, as on one hand moratorium is granted and then, the interest is charged on loans during this period.

"There are two issues in this (matter). No interest during the moratorium period and no interest on interest," said Justice Bhushan. The observation from the bench came on a petition by Gajendra Sharma, in which he sought a direction to declare portion of the RBI's March 27 notification as ultra vires to the extent it charged interest on the loan amount during the moratorium period.

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