As Emily sits, not knowing what, if any, punishment she will be dealt by Joseph Lawrence (Bradley Whitford), the latter dances along to the song. He’s either oblivious to Emily’s situation, or perhaps he’s hyperaware and purposely tormenting her. The music can play tricks on the characters as well as the viewers. Facebook LEAVE A REPLY Cancel replyLog in to leave a comment Advertisement Advertisement Advertisement Twitter The emotions of climactic scene of Season 2 of The Handmaid’s Tale, which featured Alexis Bledel’s character Emily, were leavened by the use of an upbeat 1990s pop song by Annie Lennox. (GEORGE KRAYCHYK / HULO/THE ASSOCIATED PRESS) Login/Register With: The second season of The Handmaid’s Tale was brought to a close with a moment of cathartic violence. But one could argue the star of the scene wasn’t Alexis Bledel’s handmaid Emily but instead a voice off-screen: Annie Lennox.With Emily fearing for her life, the sound of Lennox’s symphonic pop cut “Walking on Broken Glass” breaks the silence, materializing via car radio. The tune’s upbeat tone contrasts with the pain of the character and, in turn, attempts to bring greater emotional weight to the scene by highlighting the show’s extremes. It’s one example of how the Hulu series (which airs in Canada on Bravo) used familiar pop music throughout its second season not as a cause for celebration but as a tool to torture.With “Broken Glass,” the desired effect was to make the audience uncomfortable. What at first starts as a simple juxtaposition soon becomes somewhat menacing.
APTN NewsAn independent RCMP watchdog is launching an investigation into how police handled the investigation into Colten Boushie’s death after family members alleged they were mistreated during the process.The Civilian Review and Complaints Commission (CRCC) – an agency of the federal government separate from the RCMP – will look at whether officers conducted a “reasonable investigation” into the 22-year-old Red Pheasant First Nation member’s death, whether officers’ conduct amounted to racial discrimination and whether their actions aligned with proper RCMP training and procedure.The investigation will also look at whether RCMP training and policies are, in themselves, “reasonable.”“In the course of our review and our ongoing monitoring of events related to this tragic incident, it has become apparent that additional matters related to the conduct of RCMP members involved need to be examined. As such, I am satisfied that it is in the public interest to launch an independent investigation into this matter,” said Guy Bujold, the CRCC’s acting chairperson, in a statement issued Tuesday.Boushie was shot and killed on Aug. 9, 2016 on a farm outside Biggar, Sask. Gerald Stanley, the white farmer who held the gun that killed Boushie, was acquitted of all charges in February.Boushie’s family has alleged the case was mishandled from day one, when RCMP officers first notified them of the 22-year-old’s death. Boushie’s mother has said that when RCMP came to notify her about her son’s death, officers were insensitive, started searching her home without permission and asked her if she’d been drinking.Boushie’s uncle, Alvin Baptiste, launched a complaint with the RCMP on Dec. 16, 2016. An internal investigation cleared officers of any wrongdoing.Baptiste took his complaint to the CRCC on Jan. 2, 2018.Stanley’s not guilty verdict also sparked rallies across the country, with Boushie’s supporters calling for changes to the justice system.The federal government has said it’s planning a “broad-based review” of the criminal justice system, including the jury selection process.Critics have said Stanley’s defence team used its set of peremptory challenges to reject Indigenous people from the jury pool.Peremptory challenges allow lawyers to strike out anyone from the jury selection process without giving a reason.With files from The Canadian Press
LAS VEGAS — Baseball players may get a little more sleep when travelling after Sunday night games next year.ESPN plans to announce it will move up the starting time of the nationally televised game by one hour, with the first pitch planned for shortly after 7 p.m. EDT.The network intends to make the announcement on Monday at the winter meetings, a person familiar with the decision told The Associated Press. The person spoke on condition of anonymity Sunday because the announcement had not yet been made.Philadelphia hosts Atlanta in the first Sunday night game next season on March 31, the second game of a television doubleheader that begins with Texas playing the Chicago Cubs at Wrigley Field.Among other Sunday night games next year will be a World Series rematch between the Los Angeles Dodgers and Boston at Fenway Park on July 14, three games between the Red Sox and New York Yankees (June 2 and Aug. 4 in the Bronx, July 28 in Boston) and the Little League Classic with Pittsburgh and the Chicago Cubs playing Aug. 18 in Williamsport, Pennsylvania.ESPN started the “Sunday Night Baseball” telecast in 1990, and it developed in a showcase time slot. It nearly always is the only game scheduled for that time.But players who had to travel after games complained they reached the next city at dawn, disrupting their sleep schedules ahead of the next series against an opponent that usually has more rest.Major League Baseball has been more cognizant of player health issues in recent years. As part of the collective bargaining agreement that started in 2017, baseball scheduled earlier start times for many weekday games on getaway days beginning last season.MLB also is nearing an announcement on broadcast coverage for its first games in Britain, between the champion Red Sox and New York Yankees on June 29 and 30. Fox is likely to televise the Saturday game and ESPN the Sunday game, the person said.___More AP MLB: https://apnews.com/MLB and https://twitter.com/AP_SportsRonald Blum, The Associated Press
Both suspects were arrested and taken into custody without further incident.37-year-old Dawson Creek resident Shauna Liza Freeman has been charged with possession of stolen property over $5,000, obstructing a police officer, and failing to comply with conditions.Grande Prairie residents Claude Normand Dufresne, aged 39; Crystal Mary Kiyawsew, aged 37; and Adam Patrick Byrne, aged 34, are each charged with possession of stolen property over $5,000 and failing to comply with conditions.Kiyawsew and Byrne are each facing an additional charge of obstruction a police officer, while Byrne alone has been charged with identity fraud.All four appeared in court in Grande Prairie on September 19th. GRAND PRAIRIE, A.B. – A woman from Dawson Creek is one of four people who were arrested and charged over the weekend after they were caught driving in a stolen vehicle.At approximately midnight Sunday, Grande Prairie RCMP officers were patrolling near Rotary House when they initiated a traffic stop with a vehicle that had been reported stolen.As police attempted to arrest two men, two women fled the area on foot. Police quickly caught up with one of the women, while the other was located with the help of Police Dog Services.
NEW DELHI: Delhi Chief Minister and AAP supremo Arvind Kejriwal claimed on Thursday that the BJP’s North West Delhi candidate in the ongoing Lok Sabha polls, Hans Raj Hans, is “ineligible” to fight from a reserved seat, urging the voters not to waste their votes on him.He tagged a tweet of senior Aam Aadmi Party (AAP) leader Rajendra Pal Gautam, in which he claimed that Hans had deliberately concealed the information that he had converted to Islam recently and was not eligible to contest the polls from the North West Delhi seat which is reserved for the Scheduled Caste (SC) category. “Hans Raj Hans is ineligible to fight from a reserved seat. He will finally be declared ineligible,” Kejriwal said in a tweet, adding that the voters of North West Delhi should not waste their votes on him. However, the BJP said the AAP was levelling baseless allegations against its candidate. “They have lost mental balance sensing their defeat in the Lok Sabha election. With people deserting them, they are trying all sorts of propaganda to remain in the news,” Ravindra Gupta, the head of Delhi BJP’s media committee for the Lok Sabha polls, said.
22 September 2011Tanzania’s President Jakaya Kikwete today urged the international community to boost support for East African countries to combat maritime piracy, telling the General Assembly that the problem, which has been centred in Somalia, has extended further south in the Indian Ocean. Mr. Kikwete told the Assembly’s annual general debate that 13 ships had been attacked by pirates – including five that were hijacked – in Tanzania’s territorial waters since last year.“If we don’t succeed in stopping these attacks they may disrupt shipping services and impact negatively our economy,” he said.“We need the support of the international community to help build capacity to fight piracy,” the Tanzanian leader added. He welcomed the readiness by some States to strengthen the capacity of courts and prisons in the region to deal with captured pirates.In his address Mr. Kikwete noted that democracy was taking root in Africa and that peace now prevailed in almost the entire continent, except in Somalia, which continues to need the support of the United Nations and the African Union to restore peace and stability.“All that Africa needs most is continued support to build the institutions of democracy and governance as well as in building economies and overcoming some serious challenges,” he said.Mr. Kikwete also drew the Assembly’s attention to the ongoing food crisis in the Horn of Africa and famine in Somalia, saying the problem had not abated.The Tanzanian leader exhorted developed countries to raise their overseas development assistance (ODA) to 0.7 per cent of their gross domestic product (GDP), stressing that if all aid donors were to make that commitment to poorer States, developing countries would achieve the Millennium Development Goals (MDGs) by the 2015 deadline.
Arjun Aloysius and Kasun Palihena are in remand after being arrested over the Central Bank treasury bond scam. (Colombo Gazette) The Court of Appeal is to deliver the order on the revised bail applications by Perpetual Treasuries Limited owner Arjun Aloysius and its Chief Executive Officer (CEO) Kasun Palihena on October 11th.The revised bail applications were considered today and it was decided that the order will be delivered on October 11th.
Ballot papers have been dispatched to around 160,000 Conservative Party members around the country to choose between Boris Johnson and Jeremy Hunt as the next leader and Britain’s next prime… More than a thousand Conservative members have been issued with more than one ballot paper to vote for the next party leader and prime minister, threatening to bring the contest into disrepute. Reports suggest that more than a thousand voters could be affected by the blunder, with party insiders revealing a series of errors that have led to duplicate ballot papers being issued. It comes as a YouGov/Times poll of Tory members showed Johnson leading Hunt in the leadership race by 74 per cent to 26 per cent.
Roskill reports that Guinea’s mining minister has announced that the country is aiming to expand bauxite output to 60 Mt/y by 2020 to meet demand from China for the aluminium raw material.Guinea possesses the world’s largest known bauxite reserves and its potential is being unlocked by investment from Asia and the Middle East.Large-scale bauxite exports to China began in H2 2015. Singapore-based shipping company Winning International Group formed a strategic alliance with Shandong Weiqiao Pioneering Group (parent of Shandong Weiqiao Aluminium & Electricity), Yantai Port Group and Guinea UMS to jointly develop bauxite resources in the Boké region of Guinea called Société Minière de Boké-Winning Africa Port (SMB-WAP). Winning International Group holds 45% of shares in the project, which has $500 million of investment.In October 2016, Emirates Global Aluminium (EGA) opened its new port facility at Kamsar in Guinea. Bauxite production is scheduled to commence in 2018 and ramp up to 12 Mt/y. As the company further develops the Kamsar port, enabling loading of Capesize vessels, shipping costs per tonne of bauxite will be reduced and Guinean exports will become increasingly cost-effective. This will continue to open up exports to Chinese and Indian markets.Guinea exported an estimated 11 Mt of bauxite to China in 2016 and shipment volumes are forecast to surge in the future.
Perth was abuzz this morning reports John Chadwick, who is there at the moment, with Azumah Resources latest drilling results from its Wa project.• KRC831 returns continuously mineralised intercept of 44 m at 5.37g/t Au from 99 m (0.5g/t Au cutoff)• Includes two high-grade zones comprising (1.0g/t Au cutoff): • 6 m at 3.33g/t Au from 99 m; and 27 m at 7.86 g/t Au from 116 m; including 20 m at 10.27 g/t Au from 120 m; and 1 m at 144 g/t Au from 137m• Azumah appears to have discovered a new high-grade ore-shoot and possible primary feeder zone with likely extensive depth• Discovery follows new breakthrough geological model that will drive future targeting• Supporting holes into ore-shoot returned 27 m at 2.43 g/t Au from 137 m (KRC817); including 5 m at 5.00 g/t Au from 155m• 9 m at 3.90g/t Au from 142m (KRC832); including 5 m at 5.33 g/t Au from 144 m• Additional mineralisation defined at Kunche Pit North, east of Kunche Pit South and at Kunche North West• Results to underpin material increases in Kunche Mineral Resource and Ore Reserve• Six active drill rigs• Intense drill results news flow planned May through to AugustAzumah Managing Director, Stephen Stone said “These excellent intercepts are a genuine game-changer for the Wa gold project and increase our confidence that we can materially boost Mineral Resources and Ore Reserves”.Paul L’Herpiniere, General Manager Geology of Azumah’s joint venture partner Ibaera, said “These drill results dramatically open up the possibility that mineralisation at Kunche could extend to considerable depth – consistent with similar style gold deposits around the world.“We consider this validation of our new targeting model to be an important breakthrough for the project and are extremely confident that the true potential of the project is now emerging.”Shares in the company closed up 56.5% yesterday.Azumah Resources is focused on a highly prospective gold province in the Upper West Region of Ghana.• 2.1 Moz Mineral Resource platform – $4 EV/Resource oz• 624,000 oz @ 2.14 g/t Au Ore Reserve – $16 EV/Reserve oz• 2,400 km2 regional-scale footprint in fertile Birimian terrain• ~A$40 million drilling (10,000 drill holes for 500km)• Several advanced stage/drill-ready targets• Numerous quality early-stage targets• Strong community and government support• Largely de-risked for rapid development. Excellent infrastructure. Grid power to gate.
Dragan Gajićligue nationale handballLNHmahbMontpellierNantesValero Rivera The derby between the top two teams of the LNH so far this season has ended in a draw. Nantes hosted Montpellier, and after the first half it seemed that Nantes are on a good way to be table leaders, as they won the first half 15:11. But Montpellier did not give up, and with a great play in the second half, managed to win one point in Nantes, the game ending 27:27. This draw leaves both teams on top of the table after four rounds.Dragan Gajic was unstoppable for Montpellier scoring 10 goals out of 13 attempts, while Nantes’ best was Spanish Valero Rivera with 6 goals from 8 attempts. ← Previous Story Qatar (M) and Korea (W) win Asian Games! Next Story → EHF CL (Round 2): Russian Bears to open hall in Skopje – Derby in Veszprem!
Newfoundland was the site of the earliest migration from Ireland to North America, especially from Ireland’s south-east. Known as ‘Talamh an Eisc’ in Irish, the land of fish, Newfoundland is the only place name outside of Ireland or Britain which has a distinctive Gaelic name. This new route offers opportunities to develop connections and co-operation in the area of oil and gas, fisheries and maritime.The new WestJet service will operate daily from June 15 until October 5, with a flight time of less than five hours on a 136-seat Boeing 737-700 aircraft. Flights will depart Dublin at 8.20am arriving in St John’s at 9.55am with the return flight leaving St John’s at 11.15pm and arriving in Dublin at 7am the next morning.It will also offer connections via St John’s to Toronto (on the same aircraft), and to other cities such as Ottawa, Halifax, Montreal, Vancouver, Calgary, Edmonton, and Winnipeg.Dublin Airport had 19.1 million passengers in 2012 and passenger numbers are up 5 per cent so far this year.Read: Finally! Ryanair overhauls its website to make it less ugly>Read: Ryanair chooses Stansted over Dublin for major growth surge> CANADIAN AIRLINE WESTJET has announced it will begin a daily summer service from Dublin to Newfoundland from next June.The new route, which will operate from June to October, is the airline’s first European destination. This latest announcement means Dublin Airport will have four new transatlantic services next summer, being the total number of North American destinations served from Dublin to 13.Dublin Airport Authority (DAA) today welcomed the announcement with Chief Executive Kevin Toland commenting that the new route will strengthen the airport’s growth.Minister Leo Varadakar said that the new service will bring extra visitors to Ireland next summer and further develop the close links between Ireland and Newfoundland.“I travelled to Newfoundland as part of a tourism and trade mission and there are very strong cultural and diaspora links between Ireland and the province,” he said.
Yesterday, we told you about the Olympic themed Google Doodle that was also a hurdle jumping game, and I embarrassed myself with my poor score. Today, Google has done another Olympic games game, and this time it’s in the form of free throw basketball.Press the space bar to throw the basketball, the longer you hold it down, the more power there is behind the shot. As time ticks by, the woman will move back, meaning you’ll have to adjust your throwing power in order to keep getting those baskets in. Once you learn the required power for each of the three distances it’s not hard to keep scoring points. It’s rather addictive and just like yesterday, you’re scored out of three stars and you can share your score on Google+.You’d better be fast scoring those baskets too, as you only have 24 seconds to score as many as you can. Though if you struggled with the hurdle jumping game from yesterday, today’s game is a lot easier, mainly because there’s no frantic keyboard bashing involved. Although if key mashing is your thing, perhaps aiming for baskets might be a bit harder for you.This time my best score is 21 hoops. Again, with a few tries a lot of you will be able to score better than that and we’d love for you to compete for the best score in the comments.What will Google have next for their doodle? Perhaps they will continue the trend with more games, which I don’t think anybody would mind.via Google
BEIRUT — Syria and its chief ally Russia reached a cease-fire agreement with Syria’s mainstream rebel fighters Thursday, a potential breakthrough in the six-year civil war that has left more than a quarter-million people dead and triggered a refugee crisis across Europe.The nationwide truce, set to begin at midnight local time, was brokered by both Russia and Turkey, which support opposing sides in the war, and was confirmed by a Syrian opposition spokesman, who said most major rebel groups would abide by it.If it holds, the cease-fire will be followed by peace talks next month in Kazakhstan between Syrian President Bashar Assad’s government and opposition groups, Russian President Vladimir Putin said.The truce does not include the Islamic State group or al-Qaida’s branch in Syria. And several previous cease-fires all collapsed, some of them in a matter of days.Nevertheless, the deal raised hopes that a political settlement for a ruinous war that has generally defied all attempts at resolution could be reached in the coming months, in part because the landscape has significantly shifted recently.
00:00 00:00 spaceplay / pause qunload | stop ffullscreenshift + ←→slower / faster ↑↓volume mmute ←→seek . seek to previous 12… 6 seek to 10%, 20% … 60% XColor SettingsAaAaAaAaTextBackgroundOpacity SettingsTextOpaqueSemi-TransparentBackgroundSemi-TransparentOpaqueTransparentFont SettingsSize||TypeSerif MonospaceSerifSans Serif MonospaceSans SerifCasualCursiveSmallCapsResetSave SettingsSAN DIEGO (KUSI) – You have a chance at becoming a millionaire this Christmas.Mega Millions will hold their next drawing tomorrow for a whopping 321 million dollars.This comes after no one claimed the week before.You’ll need a Christmas miracle to get the money, your chances at winning is one in 302.5 million. December 24, 2018 KUSI Newsroom, Mega Millions will hold their 321 million dollars drawing on Christmas Categories: Entertainment, Local San Diego News, National & International News FacebookTwitter KUSI Newsroom Posted: December 24, 2018
Every time Sgt. Shane Gardner drives by the electronic sign posted above Interstate 5 near WSU Vancouver, he typically reads the same messages again and again: “WSDOT sign test in progress.” “DUI patrols tonight.”Max Ault, former legislative assistant to Rep. Tim Probst, noticed the same thing as he drove to the WSU campus. His friends and colleagues said they no longer took the signs seriously.What if, they wondered, local officials could control what these electronic signs say?The signs could impart public safety messages by warning drivers of poor road conditions, alerting them to a current emergency, letting people know that auto prowls are on the rise or offering a safe driving tip.“The possibilities are endless,” said Gardner, of the Clark County Sheriff’s Office.Ault said drivers would pay more attention to electronic signs if they updated frequently with local information.“You kind of whitewash the public safety value by putting the same message over and over and over again,” he said.The Washington Department of Transportation controls electronic signs around the state, using them to publicize Amber alerts, bridge lifts, construction and accidents that are blocking lanes or causing congestion.Messages, controlled by operators at regional traffic management offices, follow specific templates. The message has to be important enough to take a driver’s eyes off the road for a second, said Abbi Russell, spokeswoman for WSDOT. It also has to fit on the sign.
WILMINGTON, MA — Below is a round-up of what’s going on in Wilmington on Friday, May 18, 2018:Happening Today:Weather: Partly sunny, with a high near 59. Northeast wind 11 to 13 mph, with gusts as high as 23 mph.At Wilmington Public Schools: The Wilmington High School’s Lamplighters’ Drama Guild presents “The Addams Family: A New Musical Comedy!” You have three opportunities to catch this family-friendly show. ‘The Addams Family” will run on Friday, May 18 at 7pm; Saturday, May 19 at 1pm; and Saturday, May 19 at 7pm in the Wilmington High School Auditorium. Tickets to this popular musical costs $10 for students & senior citizens and $15 for adults. Tickets are available online at http://www.WilmingtonCATS.org and will be sold at the door. Reserved seating only. Learn more HERE. … The 4th Grade Night Out takes place from 6pm to 8pm at the North.In The Community: The Abundant Life Christian School’s Drama Club presents “Treasure Island” this Thursday, May 17 at 7pm and Friday, May 18 at 7pm at the school (173 Church Street). Tickets cost just $6 and can be purchased at the door.At The Library: Needleworkers meet at 10am. Drop-In Story Time at 10am. [Learn more and register HERE.]At The Senior Center: Video Exercise at 10am. Special Exercise at 11am. Bingo at 1pm. Cards at 1:30pm. [Learn more HERE.]Go Wildcats!: 7 Wilmington High School teams are in action today. See the complete schedule HERE.Live Music: Pacific Grove (211 Lowell Street) is hosting karaoke with Winnell Entertainment beginning at 8pm.(NOTE: What did I miss? Let me know by commenting below, commenting on the Facebook page, or emailing email@example.com. I may be able to update this post.)Like Wilmington Apple on Facebook. Follow Wilmington Apple on Twitter. Follow Wilmington Apple on Instagram. Subscribe to Wilmington Apple’s daily email newsletter HERE. Got a comment, question, photo, press release, or news tip? Email firstname.lastname@example.org.Share this:TwitterFacebookLike this:Like Loading… RelatedThe Wilmington Insider For May 19, 2018In “5 Things To Do Today”The Wilmington Insider For March 24, 2018In “5 Things To Do Today”The Wilmington Insider For March 23, 2018In “5 Things To Do Today”
Turned On Share your voice Tulipan has placed the limited-edition product in bars and at events around Buenos Aires, and is sharing the product on social media with the hashtag #PlacerConsentido, or “permitted pleasure.” Tulipan plans to sell the condoms online in the future, TNW reports. “Tulipan has always spoken of safe pleasure, but for this campaign we understood that we had to talk about the most important thing in every sexual relationship — pleasure is possible only if you both give your consent,” Joaquin Campins of BBDO said in a statement. Click for more on the intersection of technology and sex. Tulipan’s unusual rubbers arose, TNW reports, after AHF Argentina, an advocacy organization for people living with HIV, revealed that only 14.5% of Argentinian men regularly used a condom. While 65% said they occasionally used condoms, an alarming 20.5% said they’d never used a condom. Many on social media applauded the message tucked into the marketing, though some noted the types of people who commit sexual assault wouldn’t pay attention to it.This isn’t the first creative product to highlight issues around sexual boundaries. The Dress For Respect measures how many times the wearer is groped, with sensors sewn in that measure where on the body, and when, the wearer is touched. The information gets transferred via Wi-Fi to a control unit in real time. The conceptual frock by advertising agency Ogilvy got a test run last year in Brazil, where 86 percent of women have been harassed in nightclubs, according to data from Think Olga, a feminist collective founded by a Brazilian journalist. Three women wore the sparkly conceptual dress to a Sao Paulo club in one night, and the data showed they were touched nonconsensually 157 times in less than four hours. That averages more than 40 touches per hour. Comments 4 Tulipan Two hands aren’t enough to open the package for the new “Consent Pack” of condoms. It takes four hands pressing simultaneously on all four sets of buttons on the top and sides of the box. “If they don’t say yes, it means no,” the tagline on a video demonstration reads. Ad agency BBDO Argentina created the “Consent Pack” for Tulipan, an Argentine seller of sex toys and sexual-health products, including condoms. You probably won’t find this unusual condom in a drugstore near you anytime soon, but it’s still a reminder of the importance of consent in any sexual encounter. It’s a topic that’s gotten increasing attention on college campuses and workplaces in the US amid the #MeToo movement. “Why can’t this box be opened with two hands? Because that’s how consent works in relationships,” reads a translated post from Tulipan’s Facebook page. En el sexo vale todo solo si se respeta una regla: el consentimiento de ambos para hacerlo. #PlacerConsentido 🌷 pic.twitter.com/RuIjvbL1yg— Tulipán Argentina (@TulipanARG) March 27, 2019 Tags Culture Wellness
Laurus Labs, a Hyderabad-based company that manufactures medicines for Hepatitis C and other diseases, is coming out with an initial public offering (IPO) comprising fresh issue of equity shares and sale of stake by existing investors through the offer for sale (OFS) route.The fresh issue of shares will enable the company to raise about Rs. 300 crore and shares being offloaded by existing investors, including private equity firm Warburg Pincus.The company intends to utilise the proceeds of the public issue to partly pre-pay long-terms loans and for general corporate purpose.Laurus Labs and its subsidiaries had outstanding loans worth Rs. 1,115 crore, including foreign currency component worth $41 million, as of June 30, 2016, according to documents filed with the capital markets regulator, the Securities and Exchange Board of India (Sebi).The company is promoted by Dr. Satyanarayana Chava, Dr. Raju Srihari Kalidindi, Dr. Lakshmana Rao C V and others.Key details of Laurus Labs and IPO (based on offer document and FY2016 annual report):The 11-year-old company posted a net profit of Rs. 141.6 crore on turnover of Rs. 1,780.8 crore during the financial year 2015-16, up from Rs. 73.6 crore and Rs. 1,326 crore in the preceding financia year, according to its 2015-16 annual report. Sales from outside India contributed about 36 percent to its revenues in 2015-16.Dr. Satyanarayana Chava, Dr. Raju Srihari Kalidindi, Dr. Lakshmana Rao C V and others hold about 27 percent stake in the company, with Chava’s holding alone at 17.02 percent.The company has five manufacturing facilities, all located in Andhra Pradesh.Its existing investors include Warburg Pincus Group, Aptuit (Asia) Private Limited and FIL Capital Management (Mauritius) Ltd.The company has filed 130 patents till 2016.It has a fully-owned subsidiary called Laurus Synthesis Inc. in the U.S. The price band and dates of the public issue are yet to be finalised.The shares issued will be listed on the BSE and NSE; the company has received “in-principle” approval from the two stock exchanges.The book running and lead managers to the public issue are Kotak Mahindra Capital Company Limited, Citigroup Global Markets India Private Limited, Jefferies India Private Limited and SBI Capital Markets Limited.
TencentReutersEducation technology startup Byju’s is clearly on a roll. The online tutoring firm has hit headlines several times in the last few weeks and now has landed a fundraising deal with Chinese internet giant Tencent Holdings Limited. The firm already has a list of renowned investors such as the Chan Zuckerberg initiative and Sequoia Capital.While the exact value of the investment has not been revealed, a source told TechCrunch that the amount could be in the range of Rs 5,000 crore ($800 million). Tencent, which already invests in Indian firms such as Flipkart, Practo and Hike, seems impressed with the way Byju has been growing and functioning to emerge as a market leader.”BYJU’S has emerged as the clear leader in the Indian education-tech sector. We share BYJU’S mission of transforming education by creating personalized learning experiences for students,” Hongwei Chen, executive director of investment and M&A at Tencent, said, according to TC.Tencent’s funding is set to help Byju in product development for existing as well as new markets. “This makes our strong investor portfolio even more diverse. At Byju’s, we have been fortunate to have investors who have always played a crucial role as partners in our growth story. With increased brand awareness and strong adoption amongst students, this year we expect the revenue to double again and we will be profitable on a full year basis,” the Economic Times quoted Byju Raveendran, founder of Byju’s as saying.The firm, which started operations in 2011, has witnessed a funding of over $200 million before Tencent’s investment. While Sequoia invested $75 million last March, the Chan Zuckerberg initiative put in $50 million in the company. Later, the World Bank’s IFC fund invested about $15 million in December.Apart from the fundraising spree, Byju’s has also been in the news for its acquisitions. Earlier this month, the online tutoring firm acquired TutorVista and Edurite from global education brand Pearson Plc. While the acquisition is said to be big, the deal value is yet to be disclosed.”This partnership will enhance our product offerings and give us access in some of the new markets when we launch our international products. We are excited to work with the talented and experienced team who will come on-board as a part of this acquisition,” Live Mint quoted Raveendran as saying. 80 Strand Shell Mex House in London, the headquarters of PearsonWikiCommons/DavidJones”We strongly believe that a product like ours can change the way students learn all across the world. Today, with a wider bandwidth, we have started creating similar products for the international markets that further boost our reach as well as product portfolio.”While Bangalore-based TutorVista acquired Edurite in 2007, Pearson acquired a stake in TutorVista in 2009 and bought the entire stake in February 2013.