SACH A WONDERFUL JOURNEY

[email protected] (G Unnikrishnan, DHNS)
December 24, 2012

Sachin_wonderful

March 27, 1994. That day will always remain seminal in Indian cricket history. It was on that day India found their and world's finest opening batsman in 50-over cricket at Eden Park, Auckland.

Sachin Tendulkar smashed a 48-ball 82 on that day, beginning a long 18-year stint at the pole position after having made his debut five years earlier. Innumerable records have been set during that journey, and some of them will never be broken.

The glitz of those numbers, however, masks two elements that made Tendulkar the most efficient one-day batsman of all time — adaptability and ability to withstand pressure of expectations from a billion fans for whom failure -- of Tendulkar and the team -- was not an option.

From 1994 to 2000 Tendulkar was at his peak of fitness and abilities, and there were no bowlers in the world who didn't face the wrath of his willow; it was classy and eye-catching at the same time.

He scored 8220 runs from 198 matches at 45.66 with 27 hundreds in that seven years, and it was that period that really converted Tendulkar into a household name and a brand worth millions.

Tendulkar had contemporaries like Matthew Hayden, Adam Gilchrist, Sanath Jayasuriya and Saeed Anwar who opened the innings, but none of them controlled a team's fortunes like the Mumbaikar. None of them had to enter the field in the knowledge that a personal failure would more likely end up in team's failure. It might have been immense pressure for one individual to bare. But Tendulkar stayed calm all the while.

There never was an occasion when he shied away from the responsibility or complained about the perils of one-man efforts. Tendulkar had to remain in that high-pressure boiling container not for just one series or a few months, but for years together.

There was no relief point. There was no one to share his burden. He couldn't have been blamed for feeling like the loneliest man on the planet because few could understand his situation. He was India's sole hope. Perhaps, those two 'Desert Storm' innings (143 and 134) against Australia at Sharjah in 1998 was also a reflection of India's desperation and dependence on him.

But in the late 90s and early 2000s emerged a set of cricketers who finally set Tendulkar free from that lonley place. Sourav Ganguly evolved into a fine opener in his own right, giving long company to Tendulkar, Rahul Dravid overcame his limitations as a limited-over batsman to score more than 10000 runs, once Ganguly was done with his career Virender Sehwag, a malevolent force at top, came to partner Tendulkar, and then others like Yuvraj Singh and Mahendra Singh Dhoni emerged at different times as India finally became a one-day super power.

Along with it, Tendulkar's role has also changed. He was no longer the lone match-winner, he became one of the match-winners among a host of that breed. It needed a change of mindset as well by Tendulkar to accept that shared significance in the team set up, and he adapted quite beautifully.

As a batsman, he was no longer required to carry India alone and a couple of injuries, most noticeably a tennis elbow, made it mandatory for Tendulkar to revisit his approach to batting. Some great players like Viv Richards never changed their methods, but here Tendulkar eschewed the ego factor and transformed into a different batsman post 2000.

Those twinkling forays down the pitch, a common feature of a Tendulkar innings in the 90s, particularly against spinners, were curtailed and shots over the top of the infield too became a rarity, and percentage cricket took over. The Tendulkar Mark 2 wasn't adrenaline-rising, but he was clinical cold and only more effective. There wasn't a batsman who was more aware than Tendulkar of the gaps on the field and angles.

Still, the impish kid in him would awake at times, largely in the shape of that upper cuts and paddle sweeps, shots he developed into a major part of his arsenal in the later part of his career.

In the new millenium, he amassed 8527 runs from 200 one-dayers at 48.17 with 22 hundreds, reflecting his steady impact and relevance even while the one-dayers underwent structural changes in the last decade.

The 85 against Pakistan at Mohali in the 2011 World Cup semifinals underscored that. Saeed Ajmal tormented him with doosras, and Pakistan fielders dropped him five times on that evening, but he never gave the fight away. For sometime, the clock ticked back to the 90s, and Tendulkar became India's pressure carrier. And like in the 90s, he soaked in the pressure, and India won. It was an ugly scrap, but it was also a shining pointer to the secret of his success.




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News Network
February 5,2020

Feb 5: Tesla is making Elon Musk a lot richer without paying him a dime.

A blistering stock rally has bolstered the value of CEO Musk's 19% stake in the electric car maker by $16 billion since the start of 2020, to $30 billion.

Tuesday's steep climb in the share price could sweeten Musk's payday under his record-breaking compensation package, which is built on stock options that rely on market value targets. Two milestones have now been achieved that could see Musk unlock options worth $1.8 billion.

The controversial chief executive, who is also the majority owner and CEO of rocket maker SpaceX, recently testified that he did not have a lot of cash as he successfully defended himself in a defamation lawsuit. He previously has taken loans using his Tesla shares as collateral.

Musk does not take a salary, choosing instead a risky options package that envisions the stock market value of Tesla rising to $650 billion over 10 years, a prospect that was derided by some investors when the deal was announced in 2018.

That target now looks less crazy. Shares of Tesla have rallied over 50% since the company posted its second consecutive quarterly profit last Wednesday, which was viewed as a major accomplishment for a company competing against established automotive heavyweights including General Motors Co  and BMW.

Tesla shares have climbed about 400% since early June, helped by the company's better-than-expected financial results and ramped-up production at its new car factory in Shanghai.

On Tuesday, Tesla surged as much as 24% before falling back in the final minutes of the trading session to end the day up 13.7%. That put its market capitalization at $160 billion, almost twice the combined value of Ford Motor and General Motors.

The shares had also rallied on Monday, partly fueled by Panasonic Corp's 6752.T saying its automotive battery venture with Tesla was profitable for the first time.

The options Musk was awarded in 2018 vest incrementally based on targets for Tesla's stock market value and its financial performance. The market capitalization would have to sustainably rise by $50 billion increments over the agreement's 10-year period, with the full package payout reached if the market cap reaches $650 billion, as well as the company's meeting revenue and profit targets.

Musk is on his way to seeing his first two tranches of options vest. He achieved operational targets on revenue and adjusted earnings last year.

The rise in Tesla's market capitalization last month to a target of $100 billion opened the way for Musk's first tranche of options to vest. With Tuesday's surging share price, the market capitalization blew past the second target of $150 billion, opening the way for the second tranche to vest. Tesla's market capitalization must stay at or above each target level for one- and six-month averages for each set of options to vest.

Tesla was valued at about $52 billion when shareholders approved the pay package in March 2018, a time when the company faced a cash crunch, production delays and increasing competition from rivals.

A full payoff for Musk would surpass anything previously granted to U.S. executives, according to Institutional Shareholder Services, a proxy advisor that recommended investors reject the pay package deal at the time.

Musk currently owns about 34 million Tesla shares, and his compensation package would let him buy another 20.3 million shares if all his options tranches vest.

When Tesla unveiled Musk’s package, it said he could in theory reap as much as $55.8 billion if no new shares were issued. However, Tesla has since awarded stock to employees and last year sold $2.7 billion in shares and convertible bonds, diluting the value of the stock.

Musk has transformed Tesla from a niche car maker with production problems into the global leader in electric vehicles, with U.S. and Chinese factories. So far it has stayed ahead of more established rivals including BMW and Volkswagen.

Many investors remain skeptical that Tesla can consistently deliver profit, cash flow and growth. More Wall Street analysts rate Tesla "sell" than "buy," and the company's stock is the most shorted on Wall Street.

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Agencies
May 27,2020

Due to impacts of COVID-19, shipments of total mobile phones are forecast to decline 14.6% in 2020, while smartphone shipments will achieve a slightly slower decline of 13.7 % year over year to total 1.3 billion units this year, according to a Gartner forecast on Tuesday.

"While users have increased the use of their mobile phones to communicate with colleagues, work partners, friends and families during lockdowns, reduced disposable income will result in fewer consumers upgrading their phones," Ranjit Atwal, Senior Research Director at Gartner, said in a statement.

"As a result, phone lifetimes will extend from 2.5 years in 2018 to 2.7 years in 2020," said Atwal.

In 2020, affordable 5G phones were expected to be the catalyst to increase phone replacements, but now it is unlikely to be the case.

5G phones are now forecast to represent only 11% of total mobile phone shipments in 2020.

"The delayed delivery of some 5G flagship phones is an ongoing issue," said Annette Zimmermann, Research Vice President at Gartner.

"Moreover, the lack of 5G geographical coverage along with the increasing cost of the 5G phone contract will impact the choice of a 5G phone."

Overall, spending on 5G phones will be impacted in most regions apart from China, where continued investment in 5G infrastructure is expected, allowing providers in China to effectively market 5G phones.

The combined global shipments PCs, tablets and mobile phones are on pace to decline 13.6% in 2020, according to the forecast.

PC shipments are expected to decline 10.5% this year. Shipments of notebooks, tablets and Chromebooks are forecast to decline slower than the PC market overall in 2020.

"The forecasted decline in the PC market in particular could have been much worse," said Atwal.

"However, government lockdowns due to COVID-19 forced businesses and schools to enable millions of people to work from home and increase spending on new notebooks, Chromebooks and tablets for those workers. Education and government establishments also increased spending on those devices to facilitate e-learning."

Gartner said that 48 per cent of employees will likely work remotely at least part of the time after the COVID-19 pandemic, compared to 30 % pre-pandemic.

Overall, the work from home trend will make IT departments shift to more notebooks, tablets and Chrome devices for work.

"This trend combined with businesses required to create flexible business continuity plans will make business notebooks displace desk based PCs through 2021 and 2022," said Atwal.

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Agencies
February 26,2020

Unnao, Feb 26: Ever heard of someone wishing a 'bright future' for the dead? In a bizarre incident in Uttar Pradesh's Unnao district, a village head issued a death certificate with the wish for an elderly man who had died last month.

The incident took place in the Sirwariya village in Asoha block where an elderly person Laxmi Shankar died after a prolonged illness on January 22.

His son went to the village head Babulal and requested him to issue a death certificate that he needed for some financial transactions.

Babulal not only issued the death certificate, but also 'wished' 'a bright future for the deceased' on the document.

The village head wrote in the death certificate -- "Main inke ujjwal bhavishya ki kaamna karta hoon (I wish him a bright future)."

The letter went viral on the social media on Monday after which the village head apologised for the error and issued a new death certificate.

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