SBI Capital Markets is said to have shortlisted four prospective bidders for the stake sale in Jet Airways as a part of the debt resolution process. These include TPG Capital, Indigo Partners, Etihad Airways and NIIF. The qualified bidders are expected to submit their binding bids latest by May 10. It is a crucial process for Jet Airways that is battling a number of issues on multiple fronts to stay operational.Here's a quick look at the bidders that are hoping to revive the troubled airline:TPG CapitalThe 27-year-old US-based private equity firm has investments in a wide range of sectors from industrials and financial services to healthcare, technology and real estate. Interestingly, it's first ever major investment was in then-bankrupt Continental Airlines in 1993. The Texas-headquartered airline, in 2013, merged into United Airlines. In 1994, the PE firm created an Asia-dedicated fund-TPG Capital Asia, which is now being led by Puneet Bhatia in India. The firm marked its presence in … [Read more...] about Jet Airways stake sale: Who are the bidders?
How battles are fought
advertisement advertisement The leak late last week of an angry email from rapper Nas to the folks running the label that may or may not be putting out his new record this winter, Def Jam (subject: “Put my shit out!” — text below), is shocking mostly because it was leaked at all. You hear plenty of rumblings in the press these days about artists battling their labels (Lupe Fiasco’s Twitter-fueled protest outside of his label, Atlantic, for example), but you rarely get to see the explosion up close. Then again, it’s a volatile time. Labels aren’t making as much money, the musicians aren’t making as much money, and they scream at one another as they flame out. Or until the artist breaks free, a la OK Go or Nine Inch Nails—and still, with rare exceptions, doesn’t make the money they would have made under the old system. There’s a third way to go, the compromise route, which is what Somali rapper K’naan is trying … [Read more...] about K’Naan and Nas: Two Ways to “Manage” a Music Career
The Vivo U20 recently went on sale today on Amazon India. Starting at Rs 10,990, the U20 offers excellent value and is arguably one of the best smartphones available at that price. The reason it isn’t the absolute best is because of the Lenovo K10 Note.Lenovo’s popularity as a smartphone brand pales in comparison to Vivo, at least in India. The Lenovo K10 Note has flown under the radar with the likes of the Realme 5 Pro, Samsung Galaxy M30s, Vivo Z1 Pro, and Redmi Note 8 Pro stealing the spotlight in the sub 15K smartphone market.Since the K10 Note received a big price cut, it is currently in pole position to compete with the Vivo U20. So, let’s take a look at which of these two budget offerings delivers the best bang for your buck.Specs Vivo U20Lenovo K10 NoteChipsetQualcomm Snapdragon 675Qualcomm Snapdragon 710Display6.53 inches FHD+ IPS LCD 19.5:9 ratio (395 ppi density)6.3 inches FHD+ IPS LCD 19.5:9 ratio (409 ppi density)RAM4GB / 6GB4GB / … [Read more...] about The Vivo U20 offers great value at Rs 10,990 but we think there’s a better option
“This is a meditation, just with your body,” begins fitness instructor Taryn Toomey in her deep, gravelly voice, reminiscent of Kathleen Turner. “Feel what your mind is trying to tell you.” advertisement advertisement I am in The Class, billed as a “cathartic mind-body experience” by founder Toomey, who is leading the session in her Tribeca studio. The airy space is outfitted with marble counters, soothing neutral palettes, modern gold-plated fixtures, and wood floors embedded with a layer of rose quartz crystals. Tunes by Florence and the Machine and The XX set the pace of The Class’s routines. As instructed, I am squatting and breathing deeply as a chorus of Lululemon-clad attendees repeatedly shout, “Huh!” in unison. These affluent working women are using sound to (Toomey claims) harness and release energy, treating the class’s mix of cardio exercises, body conditioning, yoga, and meditation as a sort of therapy … [Read more...] about Is This Workout For Your Feelings What American Women Need Right Now?