Fans prepare for Raptors to play in Game 6 of the NBA

first_imgTORONTO — Fans across Canada are gearing up for the Toronto Raptors to play in Game 6 of the NBA Finals tonight as the team takes a second shot at clinching the championship.The Raptors lead the Golden State Warriors 3-2 in the best-of-seven series after losing by a single point on Monday.If Toronto wins, the team will secure the title for the first time in franchise history.The team is in Oakland, Calif., for the game, but city officials aren’t expecting that to dampen the party at Jurassic Park, the outdoor fanzone beside Scotiabank Arena in downtown Toronto.The city will shut down several nearby streets in anticipation of an overflow crowd.  Fans rooting for Canada’s only NBA team elsewhere in the country also have a chance to watch the game among a mob of their peers.Montreal will shut down two city blocks to allow people to cheer on the Raptors.Regina, meanwhile, will once again show the game on a massive screen at the Saskatchewan Roughriders’ home stadium, and select Cineplex Odeon theatres will offer free screenings.Some Raptors fans may feel the need to do penance during tonight’s game, after they cheered when Warriors star Kevin Durant went down on Monday, clutching his ankle.What the fans didn’t know is that Durant had severed his Achilles tendon — a potentially career-altering injury. He has since undergone surgery, and is in for a long rehab and recovery.Golden State’s Stephen Curry, who lived in Toronto when his father played for the Raptors 20 years ago, said that the cheers left him confused.“It’s not my experience with the people of this city,” he said. “I just hope that ugliness doesn’t show itself again as we go forward in this series.”One Toronto fan has since set up an online fundraiser for the Kevin Durant Charity Foundation, which helps at-risk youth.“We’re sorry that some fans of Raptor Nation at the Scotiabank arena, Jurassic Park, and in some bars/restaurants showing the game, displayed an ugly side of fandom when they cheered on the injury of Kevin Durant,” says the fundraiser on GoFundMe.By Tuesday night, it had raised more than $15,000.The Canadian Presslast_img read more

Mindtree board dumps share buyback plan is it advantage LT

first_imgA logo of Larsen and Toubro (L&T) is pictured outside its Corporate office in Mumbai, India May 25, 2016.ReutersInformation Technology major Mindtree Ltd’s board has dropped the proposal to buy back its shares, which was aimed at warding off a hostile takeover by engineering and construction giant Larsen & Toubro Ltd. In a separate announcement L&T informed that its open offer to acquire an additional 26 per cent stake in the mid-tier IT company will open on May 14 and end on May 27, while the company is simultaneously scouting for a 15 per cent stake from the open market.The engineering major has acquired 20.32 per cent stake in Mindtree from Café Coffee Day founder VG Siddhartha and two of his affiliate firms for Rs 32.7 billion.After a board meeting on Tuesday, Mindtree said that it would not proceed with the plan to buy back its shares and instead formed an independent directors’ committee with the mandate to start working on recommendations for the company’s shareholders with regard to the L&T’s open offer. The move may make it easier for L&T to gain control of the IT company, controlling shareholders of which have been resisting a takeover by the engineering-to-software behemoth.”The Board invited views from the Directors on the unsolicited offer made by Larsen & Toubro Limited (L&T) for the equity shares of the Company. After detailed deliberation and discussion, the Board in its meeting today, decided to immediately constitute the Committee of Independent Directors (IDC) in the interest of all stakeholders to provide their reasoned recommendation in respect of the unsolicited offer by L&T,” Mindtree said in an exchange filing. “All the independent directors will be members of the IDC, and the IDC has elected Apurva Purohit, a lead independent director, as the chairperson of the IDC.” Mindtress chief executive officer and managing director Rostow Ravanan. Courtesy: mindtree.comSecurities and Exchange Board of India’s rules may have played a role in the decision taken by Mindtree’s board. According to market rules, a company cannot make changes to its capital structure after the announcement of an open offer, unless it gets the approval of 75 per cent of shareholders through a special resolution. L&T has reasoned that the acquisition of a controlling stake in Mindtree was in line with a strategy to grow the revenue and profit of its asset-light services business portfolio. “The acquisition is expected to be value accreting for both the Company’s shareholders and the Target Company’s (Mindtree) shareholders in the medium to long term,” the engineering major said in a filing.L&T’s bid to acquire Mindtree hit a rough patch after the IT services company’s co-founders and controlling shareholders opposed the takeover. The co-founders of Mindtree have been insisting that the top management under Chief Executive Officer Rostow Ravanan has the full support of the entire board and several large shareholders. However, the Mint newspaper quoted some analysts and industry experts that it will be difficult for the co-founders of Mindtree to retain control of the company. Co-founders of Mindtree N Krishnakumar, Subroto Bagchi, NS Parthasarathy, Rostow Ravanan, own close to 13 per cent in the company.last_img read more

Bus driver responsible for Shahbagh accident Police

first_imgRoad accident illustration by Prothom AloThe driver of the bus that hit two people to their death in the capital’s Matsya Bhaban intersection on Tuesday morning is responsible for the accident and his claim that the brake had failed is not true, police have said.The Swadhin Parbahan bus was heading to Mawa from Mirpur via Shahbagh. The deceased were hit at the around 7:15am. Two more were also injured in the accident.In primary interrogation, the driver had claimed that the brake of the bus failed after he crossed Shahbageh intersection and moved towards Matsya Bhaban, said Md Jahirul Islam, officer-in-charge of Ramna police station.The driver might have said this for saving himself, the OC said, adding that actually he was running the bus with speed and was fully responsible for the accident.The bus hit six vehicles, including a rickshaw, a car, and a bus while taking a turn.According to witnesses, after the accident the bus hit another bus carrying employees of Bangladesh Atomic Energy Commission as the driver tried to run towrds Gulisthan. Read More:2 killed, 2 injured in city road crashlast_img read more

Selfies reveal if you are going through romantic crisis

first_imgAccording to researchers from Florida State University, more selfies an individual posts on the social media site Instagram, the greater the likelihood he or she might experience conflict in romantic relationship.”The results show that body image satisfaction can be detrimental to Instagram users’ romantic relationships, especially when users’ body image satisfaction is promoted in the form of Instagram selfie posts,” explained lead author Jessica Ridgway and assistant professor Russell Clayton. Also Read – ‘Playing Jojo was emotionally exhausting’The duo teamed up to examine the predictors and consequences associated with Instagram selfie posting. With an online survey of 420 Instagram users between the ages of 18 to 62, the researchers found that Instagram selfie posting is associated with and predicted by an individual’s overall body image satisfaction.In other words, those who think they look good are more likely to post selfies. However, Instagram selfie posting behaviours were found to be associated with increased Instagram-related relationship conflict. Also Read – Leslie doing new comedy special with NetflixThe researchers defined Instagram-related conflict as jealousy and arguments occurring due to either or both partners’ Instagram selfie posting behaviours. Not surprisingly, Instagram-related conflict was found to be associated with increased negative romantic relationship outcomes, which were defined as emotional or physical infidelity, breakup and divorce. “The results from this study provide an avenue for future body image research,” Ridgway said in a paper published in the journal Cyberpsychology, Behaviour, and Social Networking. The findings contributes to a growing body of scholarly literature that has examined the predictors and consequences associated with using social media sites such as Facebook and Twitter.  “For instance, future research could examine whether social media users post images of their actual selves or their virtual ideal selves, and whether such online behaviours are associated with similar negative outcomes found in our study,” the authors noted.In order to prevent negative relationship outcomes from arising, Instagram users must limit their selfie posting behaviours, especially when selfie posting becomes problematic in a user’s romantic relationship.last_img read more