Shiv Kapur’s late surge places him on top along with American Paul Peterson
Shiv Kapur’s late surge places him on top along with American Paul Peterson
Shamim Khan one back in third, also in the hunt
SSP Chawrasia, Om Prakash Chouhan, Sudhir Sharma lurk in tied fourth
Delhi, November 4, 2017: On day three of the Panasonic India Open the leaderboard continued to be dominated by Indians with the sole exception of American Paul Peterson.
There was drama as Indian star Shiv Kapur’s last hole eagle at his home course, the Delhi Golf Club (DGC), ensured he closed the day in the joint lead along with Peterson at 13-under-203 at the US$400,000 Asian Tour event.
Kapur’s compatriot and fellow DGC professional Shamim Khan kept himself in the hunt for a maiden Asian Tour title as he was one off the lead in third place.
SSP Chawrasia, looking for his fourth international win at the DGC course, was lurking in fourth place alongside the Indian duo of Om Prakash Chouhan and Sudhir Sharma. They were placed two shots behind the leaders.
Shiv Kapur (65-69-69), eager to bag his first Asian Tour title in India, finally climbed to the top of the pack after being placed second for two days in succession. He was not at his best on the first 11 holes where he found the bushes twice that resulted in a bogey and a double-bogey.
Kapur then stepped on the pedal with a birdie on the 14th and a spectacular 25-feet conversion for eagle on the 18th.
Kapur said, “It was a hard fight and I didn’t have my A game by any means. It was a B at best. I was really struggling off the tees and it was a real battle out there. I hit it into the bush on the first and made a bogey. I hit it again into the bush on 11 and made a double there. So it was nice to finish with an eagle and salvage something out from the day. It was one of those days where I showed lots of grit and character. I’m very proud of myself.”
Round two leader Paul Peterson (69-64-70) also made a chip-in eagle on the 18th to stay in the joint lead on day three.
Shamim Khan (66-69-69), a winner of 14 professional titles on the Indian domestic circuit including three at the DGC, kept his hopes alive of a maiden international win with a solid third round of 69 that featured four birdies and a bogey. He missed out on the joint lead after his 10 feet birdie putt didn’t find the hole on the closing 18th.
Shamim, the current PGTI Order of Merit leader, said, “It’s definitely not my best round of the week but those two birdies at the end kept me in the hunt. I was quite solid and didn’t make too many errors except the bogey on the ninth.
“I enjoyed a good run on the 16th and 17th where I converted two long putts, one from 12 feet and the other from 25 feet. That stretch turned out to be crucial for me as I now trail by just one shot which is nothing at DGC.
“I’ve grown up playing at the DGC but I still can’t take this course for granted. Going by my years of experience at the DGC, I will look to play steady in the final round and not try to be too aggressive.
“My hitting will be the key tomorrow. It’s also important to stay in the moment and not get too ahead of myself.”
Indian youngsters Om Prakash Chouhan and Sudhir Sharma shot scores of 66, their best at DGC, to climb six spots to tied fourth at 11-under-205. Their rounds were also the best among the Indians.
Chouhan, a four-time winner on the PGTI, said, “I had two chip-ins today on the seventh and 11th and didn’t miss a single fairway. Importantly, I’ve found the bushes just once so far this week.
“I was a little careless about my game in the first half of the year and took things a little too easy by not practicing hard enough. That led to some bad results. But I corrected that in the second half and things have begun to look up once again.”
Sudhir, a two-time winner on the PGTI Feeder Tour, said, “I’ve been struggling all year. Things only started falling in place with the last two events on the PGTI
“I recovered well from the rough twice on the ninth and the 18th landing my shot within three feet of the pin on both occasions.
“I didn’t see the leaderboard all day. But when I saw it on the 17th, I realized I was joint leader. It made me a little nervous and I guess that resulted in the bogey on the 17th.”
SSP Chawrasia’s third round 69 meant he also took a share of fourth place.
Chawrasia said, “I’m feeling confident. I’m playing well and I’m looking forward to the final day tomorrow. I know this course well and I’m not too far off the lead. The way I see it, if you can shoot six-under or better, you’ll stand a good chance of winning.”
The other Indians in the top 10 were Aman Raj, Karandeep Kochhar, Honey Baisoya and Divyanshu Bajaj. The quartet was tied for eighth at eight-under-208.
Lebanon PM Saad Hariri announced his resignation as his life in danger. Hariri led 30 member included Hezbollah national unity government was appointed late 2016.
Saad Hariri said in televised statement that he is resigning as it is will of people, are strong for the nation. Further said Iran is meddling in Arab affairs. Political experts call, With unity government and Hezbollah group part of it trust deficit.
The Lebanon finds in its political vacuum needs national consolidation.
The first ever week-long extravaganza, the “ABU DHABI WEEK” to be witness by Delhites
The Department of Culture and Tourism of Abu Dhabi organized a multi-city exhibition, a week-long program that will promote the emirate’s tourism & cultural heritage proposition. The event was addressed by dignitaries from Tourism & Ferrari World. They interreacted with media at Jawaharlal Nehru Stadium, Pragati Vihar, Delhi. This multi-city exhibition will be held from 3rd, 4th and 5th of November at Jawaharlal Nehru Stadium itself.
Abu Dhabi, the UAE capital, has been piquing Indian tourists’ interest over a number of years. The event will have attractions including virtual reality booths providing life-like encounters of Ferrari World Abu Dhabi, Desert Safaris, and Etihad Airways flights, to give a hands-on sense of the remarkable Abu Dhabi experience. It will all be under one roof! A glimpse of Louvre Abu Dhabi will also be shown at the event, with the magnificent museum all set for its grand opening on 11th November 2017.
When asked about the subsidies and taxations benefits provided to the films and shows from India that are being shot in Abu Dhabi the one of the delegates, Bejan Dinshaw, Country Manager from the department of culture and tourism said, “There are arrangements to look after the entire rehearsals the approvals, filming permits, as well as there are subsidies given depending on the size of the investment and the project.” In addition to that he said, “Abu Dhabi serves various destinations that are apt for the shooting purpose. The Akshay Kumar starrer film ‘Baby’ was also shot on one such location. Moreover, there is only one window now to take the permission so one dont need to visit different counters.”
Anood Khalifa, Asia Pacific Region Unit Head- HQ office said, “Welcome to our first ever Abu Dhabi week with you help we hope it will become an annual experience. We are delighted to get connected with our partners and stake holders. Abu Dhabi is the place to make extra ordinary stories. The relation between India and Abu Dhabi has become stronger and stronger every year. There has been a 7% increase in the visitors from the number of two hundred and fifty six thousand. We have ambitious targets and want to invite maximum Indian visitors and welcome them.”
Saif Saeed Ghobash, Director General from the department of culture and tourism said, “India is a key tier one priority for Abu Dhabi and represents our second largest international source market for hotel guests. The week will encourage the partners to capitalise on the rapid growth.” The event also represents a great opportunity for consumers, trade agents and stakeholders to be present under one roof, and for Abu Dhabi to be showcased as a highly significant destination for the Indian market. The show will be a dynamic, family-leisure entertainment destination and one which also affords plentiful business opportunities.
Besides this, the event will also have contests and exciting competitions to engage the visitors and giveaways like stay-cation packages, rides in Ferraris and several other prizes. Food stalls offering traditional Emirati delicacies, musical performances by different artists, kids’ area with various activities for children, live paintings and a selfie booth with the UAE skyline, will be some of the highlights at the event.
(A Division of Shailesh Giri Media Group)
(A Division of Shailesh Giri Media Group)
Audi recalls 5,000 diesel cars over ‘too much nitrogen oxide’ emissions
Audi is recalling almost 5,000 cars in Europe for a software fix after discovering they emitted too much nitrogen oxide, the polluting gas that parent Volkswagen concealed from regulators in the 2015 ‘dieselgate’ scandal. The luxury carmaker said on Thursday it had reported the matter to Germany’s road transport authority KBA. Audi will update the software of the 4,997 A8 model vehicles with 2.4 liter V8 diesel engines, of which 3,660 are in Germany and were made between September 2013 and August 2017, Reuters said.
Venezuela on Thursday announced plans to restructure its burgeoning foreign debt, a move that may lead to a default by the cash-strapped OPEC nation whose collapsing socialist economy has left its population struggling to find food and medicine.
President Nicolas Maduro vowed to make a $1.1 billion payment on a bond maturing on Thursday, but also created a commission to study “restructuring of all future payments” in order to meet the needs of citizens.
Venezuela has few avenues to do that though because of sanctions by the United States that bar American banks from participating in or even negotiating such deals.
Thus, Maduro’s most readily available recourse to ease payments is unilaterally halting them.
“I am naming a special presidential commission led by Vice President Tareck El Aissami to begin refinancing and restructuring all of Venezuela’s external debt and (begin) the fight against the financial persecution of our country,” Maduro said in a televised speech.
Venezuela and state-owned companies have $49 billion in bonds governed by New York Law and promissory notes, according to New York-based Torino Capital.
The government and state oil company PDVSA owe some $1.6 billion in debt service and delayed interest payments by the end of the year, plus another $9 billion in bond servicing in 2018.
The next hard payment deadline for PDVSA is an $81 million bond payment that was due on Oct 12 but on which the company delayed payment under a 30-day grace period. Failing to pay that on time would trigger a default, investors say.
“Without a team, without a communications strategy and without a plan, I see a restructuring impossible,” said Asdrubal Oliveros of Caracas-based Ecoanalitica. “However, if the government decrees a unilateral restructuring – they say ‘take it or leave it’ – that is an event of default.”
That would likely make countries less willing to do business with Venezuela, aggravating shortages of food and medicine and creating further problems for its all vital oil industry that is already hobbled by under-investment.
Venezuela’s latest move could unleash a sovereign debt crisis of a scale not seen in Latin America since the massive 2001 default in Argentina that shut it out of global financial markets for years.
Wall St. for years pumped billions of dollars into Venezuela by way of bond purchases, passing off the revolutionary rhetoric of the ruling Socialist Party as bluster that belied an iron-clad willingness to pay its debts.
Maduro surprised many by maintaining debt service after the 2014 crash in oil prices, diverting hard currency away from imports of food and medicine toward Wall St. investors.
PDVSA carried out a debt renegotiation in 2016.
But that option was taken off the table after U.S. President Donald Trump levied sanctions blocking the purchase of new debt issued by Venezuela and government-owned entities.