Here’s to taking customer satisfaction to the extreme.Each year, the Men’s Journal advertising staff participates in what it calls the “Dare Your Rep” campaign, an initiative to help engage their clients and to promote the magazine’s May “Adventure” issue. So what awaited the magazine’s eager sales staff this year?Firewalking? No. Winter surfing off Montauk? Nah. Taking more than 40 percent of clients’ votes was swimming with sharks. Of course. So, last week, 15 advertising reps donned wetsuits, hopped into a tank at the Adventure Aquarium in Camden, New Jersey, and got up-close-and personal with several varieties of sharks. Even publisher Will Schenck got in the tank.Swimming with sharks is apparently just another notch on the belt for the Men’s Journal ad staff. Last year they ate from a menu of tasty delectables such as honey-glazed spiced tarantulas, herbed cream cheese with glazed scorpion, filo dough pastry cups with prickly pear cactus jelly and roasted ants. Anything for a sale.
The options are limited. SCIEPRO Nuking an asteroid out of the sky to protect the Earth is great fodder for the silver screen. However, new research suggests that simply blowing up a threatening space rock may not save us quite as simply as we might hope. Scientists find rogue asteroids roaming our solar system often — just last month they discovered yet another one that could (maybe) strike the Earth. One of the ways to deal with these potential threats is to impact them, knocking them off course. NASA is currently planning an asteroid redirect mission where it’ll send a kamikaze spacecraft into the moonlet of an asteroid known as Didymos, barreling into the rock to shoo it away.Yet we haven’t had a lot of opportunities to study asteroids up close, so we can’t appreciate exactly how they are structured or how they might be destroyed. It has been believed that bigger asteroids may be easier to destroy because they would be more likely to have cracks and weaknesses that make them easy to blow apart. Thus, if an asteroid were to threaten our peaceful existence, what should we do?”Are we better off breaking it into small pieces, or nudging it to go a different direction? And if the latter, how much force should we hit it with to move it away without causing it to break?” asks Charles El Mir, lead author on the study, in a press release. Those questions are exactly what he and a team at Johns Hopkins University set out to answer.In the simulation, an asteroid splits apart but is pulled back together by the effect of gravity. This animation is sped up — this phase occurs over many hours. Johns Hopkins University/YouTube Their findings, published in an upcoming issue of the journal Icarus, are based on computer simulations of asteroid impacts. They plugged in parameters that digitally recapitulated a small asteroid, about 1 kilometer wide, impacting a large asteroid, about 25 times bigger, while travelling at 5 kilometers per second.A previous model had shown that the large asteroid was obliterated by this type of collision — but the Johns Hopkins team found an entirely different endgame. According to their modelling, the asteroid would greatly fracture in the fractions of a second after an impact.Over the hours after an impact though, the team showed the large asteroid broke apart into smaller pieces but wasn’t entirely obliterated as previous research had shown. The fragments that flew off the asteroid were then pulled back together by the damaged asteroid core, due to the overwhelming effect of gravity.Thanks, gravity.”We used to believe that the larger the object, the more easily it would break, because bigger objects are more likely to have flaws,” said El Mir. “Our findings, however, show that asteroids are stronger than we used to think and require more energy to be completely shattered.”The strength of the asteroid to resist such an impact allows it to preserve its gravitational pull, which could wreak havoc if we were to blindly fire rockets at an incoming rock. Understanding these interactions better prepare us for the decisions that will have to be made, should an asteroid be set on colliding with the Earth.Originally published March 6 at 7:13 p.m. PTUpdate, March 7 at 1:15 a.m.: Clarifies earlier experiment. Share your voice 1 Comment Tags Sci-Tech
Are bad times awaiting the “King of good times”? Fugitive liquor baron Vijay Mallya laundered Rs 1,301.67 crore though various shell companies in India and abroad, according to a complaint by the Enforcement Directorate (ED) before the special court for Prevention of Money Laundering Act (PMLA), a report in the Hindustan Times (HT) on Thursday said.The agency suspects that Mallya has around 13 such shell companies in the United States, Ireland, Mauritius and France. In its complaint, ED said that the only purpose of these companies under Mallya’s control was to either obtain loans or launder money, the report said, quoting the ED complaint.The central agency had last month filed a chargesheet against Mallya and nine others, including top officials of IDBI bank, from where Mallya had obtained a loan of Rs 950 crore. Taking cognisance of the complaint of the central agency, the PMLA court issued arrest warrants against all the accused, the report said.In its complaint, the ED listed various shell companies including M/s PE Data Centre Resources Private Limited, M/s Pharma Trading Limited, M/s Kingfisher Finvest Limited, Devi Investment Private Limited, M/s Mallya Investment Private Limited, and M/s Gem Investment.The agency claimed these shell companies had no actual activities and their directors were ex-employees of Mallya’s United Breweries group, the HT report said. The agency further claimed that some of the companies had not even hired employees and only these directors were on the payroll. The agency alleged that these companies were directly under Mallya’s control.The agency alleged that one of the shell companies – PE data Centre Resources Private Limited — had obtained a loan of Rs 100 crore and funds were transferred to the account of Kingfisher Airlines. COMING UP FOR AIR: Vijay Mallya, who is hiding out in a London mansion away from the clutches of the law, took time to resurface at cricketer Virat Kohli’s recent charity event.YouTube/ScreenshotThe agency claimed that Mallya had parked around half of the loan amount obtained from IDBI bank outside India in shell companies he had set up. “Out of Rs 900 crore, Rs 417.29 crore has been remitted out of India for payments shown to be made towards aircraft rental lease, maintenance, services and several such purposes. However, no documents were submitted to support such transaction. Thus, it appears to be laundering,” the HT report quoted the complaint as saying.The report said that the ED examined the lease rates and amount paid towards maintenance and other services by other airlines and by Kingfisher and found discrepancies in what Mallya’s firm had done. In this context, the HT report said that the agency cited payments made to two Mauritius-based firms, Veling Narain Ltd and Veling Sacheedanand Ltd, towards lease and maintenance of aircraft and pointed out that these were nothing but shell companies with former UB group employees as directors.The agency said it had so far managed to attach immovable property worth Rs 807.82 crore owned by Mallya. The agency claimed that Mallya has huge amounts of property in the US in the name of his daughters Leana and Tanya, HT said.The agency further alleged in its complaint that Mallya had a total of 291.31 acres in several villages in Karnataka, including Bilgeri, Coorg, Madekeri, and Kumboor. However, when the situation started getting worse, the agency claimed that Mallya managed to dispose of 264.80 acres in January 2016. The agency claimed that the transactions were done in a rush.The HT report added that the central agency is continuing its probe into the property and accounts held by Mallya outside India. IBTimes VideoRelated VideosMore videos Play VideoPlayMute0:00/0:00Loaded: 0%0:00Progress: 0%Stream TypeLIVE0:00?Playback Rate1xChaptersChaptersDescriptionsdescriptions off, selectedSubtitlessubtitles settings, opens subtitles settings dialogsubtitles off, selectedAudio TrackFullscreenThis is a modal window.The media could not be loaded, either because the server or network failed or because the format is not supported.Beginning of dialog window. Escape will cancel and close the window.TextColorWhiteBlackRedGreenBlueYellowMagentaCyanTransparencyOpaqueSemi-TransparentBackgroundColorBlackWhiteRedGreenBlueYellowMagentaCyanTransparencyOpaqueSemi-TransparentTransparentWindowColorBlackWhiteRedGreenBlueYellowMagentaCyanTransparencyTransparentSemi-TransparentOpaqueFont Size50%75%100%125%150%175%200%300%400%Text Edge StyleNoneRaisedDepressedUniformDropshadowFont FamilyProportional Sans-SerifMonospace Sans-SerifProportional SerifMonospace SerifCasualScriptSmall CapsReset restore all settings to the default valuesDoneClose Modal DialogEnd of dialog window. COPY LINKAD Loading … Close
The Bombay Stock Exchange (BSE) logo is seen at the BSE building in Mumbai. The market saw some profit taking after the record highs it hit last week.ReutersThe week ahead may seem listless after three weeks of rollercoaster ride beginning with the exit poll results during which the benchmark indices hit new highs twice. The Bharatiya Janata a Party’s (BJP) dream performance under Prime Minister Narendra Modi in the Lok Sabha election and the smooth transition to Modi 2.0 have kept the market buoyant, but global cues have been keeping indices under pressure.The National Stock Exchange (NSE) benchmark Nifty fell back below the key 12,000 points last week and the Bombay Stock Exchange (BSE) index Sensex dipped under 39,000 points.The market snapped its rally of three consecutive weeks on June 7 as the bears managed to claw back Dalal Street from the bulls. Traders booked profit after the Reserve Bank of India (RBI) monetary policy committee decisions went in line with expectations, but offering nothing more, a media report said. Nifty closed below the psychologically important level of 12,000 points twice. The liquidity crisis plaguing non-banking finance companies (NBFC) exacerbated by the Dewan Housing Finance Corporation Limited’s (DHFL) default on debt repayment, worsening US-China trade war tensions and a possible delay in monsoon dented market sentiment, the report in MoneyControl website said. Short covering was seen in banking and financials.The 30-share Sensex shed 0.25 percent and the Nifty50 lost 0.44 percent in the week that ended on June 7 against its more than 5 percent rally in the previous three straight weeks. There are no major cues barring the release of the industrial output and inflation data in the coming week and the market is expected to remain rangebound with more openings for a more stock specific action, the report says. The market will be on edge watching the monsoon updates and any triggers in the upcoming Union Budget FY20, experts said. New Finance Minister Nirmala Sitharaman, who will present her first budget on July 5, is under pressure to announce tax incentives for individual taxpayers and corporations to boost consumer demand and investments.PTIThe reaction of the global markets in response to developments in the US-China trade tensions will also be closely watched. The global markets have somewhat factored in the tensions and seemed to relax on Friday, ending their losing streak. This could act as a major cue for the Indian markets.”Indications are mixed at present which could result in further consolidation in Nifty. Traders should opt for a stock-specific trading approach and maintain positions on both sides,” the report quoted Jayant Manglik of Religare Broking as saying. His view is that the progress of the monsoon and global cues would largely dictate the market trend in the week ahead.”We remain in a structural uptrend for the markets but expect consolidation for the near term. A range-bound movement at 11,700-12,100 for the next few weeks is expected,” the report said quoting Sahaj Agrawal of Kotak Securities. The market will be keenly listening to what Finance Minister Nirmala Sitharaman has to say about the preparations for the FY20 Union Budget, scheduled to be presented on July 5.