Saturday, May 23, 2020
Protostars New Suns in the Making
Star birth is a process that has been happening in the universe for more than 13 billion years. The first stars formed from giant clouds of hydrogen and grew to become supermassive stars. They eventually exploded as supernovae, and seeded the universe with new elements for new stars. But, before each star could face its ultimate fate, it had to go through a lengthy formation process that included some time as a protostar. Astronomers know a lot about the process of star formation, although there is certainly always more to learn. Thats why they study as many different star birth regions possible using such instruments as the Hubble Space Telescope, the Spitzer Space Telescope,à and ground-based observatories outfitted with infrared-sensitive astronomy instruments.à They also use radio telescopes to study the young stellar objects as theyre forming. Astronomers have managed to chart nearly every bit of the process from the time clouds of gas and dust start down the path to stardom. From Gas Cloud to Protostar Star birth begins when a cloud of gas and dust starts to contract. Perhaps a nearby supernova has exploded and sent a shock wave through the cloud, causing it to start moving. Or, maybe a star wandered by and its gravitational effect began the clouds slow motions. Whatever happened, eventually parts of the cloud start to get denser and hotter as more material gets sucked in by the increasing gravitational pull. The ever-growing central region is called a dense core. Some clouds are quite large and may have more than one dense core, which leads to stars being born in batches. In the core, when theres enough material to have self-gravity, and enough outward pressure to keep the area stable, things cook along for quite a while. More material falls in, temperatures rise, and magnetic fields thread their way through the material. The dense core isnt a star yet, just a slowly warming object. As more and more material gets swept into the core, it starts to collapse. Eventually, it gets hot enough to start glowing in infrared light. Its still not a star yet ââ¬â but it does become a low-mass proto-star. This period lasts about a million years or so for a star that will end up being about the size of the Sun when its born. At some point, a disk of material forms around the protostar. Its called a circumstellar disk, and usually contains gas and dust and particles of rock and ice grains. It may well be funneling material into the star, but its also the birthplace of eventual planets. Protostars exist for a million years or so, gathering in material and growing in size, density, and temperature. Eventually, the temperatures and pressures grow so much that nuclear fusion is ignited in the core. Thats when a protostar becomes a star ââ¬â and leaves stellar infancy behind. Astronomers also call protostars pre-main-sequence stars because they have not yet begun fusing hydrogen in their cores. Once they start that process, the infant star becomes a blustery, windy, active toddler of a star, and is well on its way to a long, productive life. Where Do Astronomers FindProtostars? There are many places where new stars are being born in our galaxy. Those regions are where astronomers go to hunt the wild protostars. The Orion Nebula stellar nursery is a good place to search for them. Its a giant molecular cloud about 1,500 light-years from Earth and already has a number of newborn stars embedded within it. However, it also has clouded little egg-shaped regions called protoplanetary disks that are likely harboring protostars within them. In a few thousands of years, those protostars will burst into life as stars, eat away the clouds of gas and dust surrounding them, and shine out across the light-years. Astronomers find starbirth regions in other galaxies, as well. No doubt those regions, such as the R136 starbirth area in the Tarantula Nebula in the Large Magellanic Cloud (a companion galaxy to the Milky Way), also are studded with protostars. Even farther away, astronomers have spotted starbirth crà ªches in the Andromeda Galaxy. Wherever astronomers look, they find this essential star-building process going on inside most galaxies, as far as the eye can see. As long as theres a cloud of hydrogen gas (and maybe some dust), theres plenty of opportunity and material to build new stars ââ¬â from dense cores through protostars all the way to blazing suns like our own. This understanding of how stars form gives astronomers a lot of insight into how our own star formed, some 4.5 billion years ago. Like all the others, it began as a coalescing cloud of gas and dust, contracted to become a protostar, and then eventually began nuclear fusion. The rest, as they say, is solar system history!
Monday, May 11, 2020
Proceso expedito para tramitación urgente de visa
Cuando se inicia una solicitud o peticià ³n ante el Servicio de Inmigracià ³n y Ciudadanà a (USCIS, por sus siglas en inglà ©s) los plazos de tramitacià ³n pueden ser muy largos. Por lo que es razonable plantearse si es posible acelerarlosà mediante un pago premium.à La respuesta es afirmativa pero sà ³lo en casos relacionados con peticiones por trabajo. En este artà culo se informa de los casos en los que se puede pedir el aceleramiento en la tramitacià ³n de una peticià ³n mediante un pago premium, quià ©n lo puede solicitar, cuà ¡nto se demora, cuà ¡l es el costo y cà ³mo contactar con USCIS para resolver problemas o dudas que surjan en dicha tramitacià ³n. Tramitacià ³n expeditaà con USCISà mediante un pago premium Es posible un pago premium en peticiones por trabajo, que comprende dos grandes grupos: cuando se solicita à para un extranjero una visa de trabajo temporalà en la que el empleador debe utilizar el formulario I-129.o cuando el empleador utiliza una planilla I-140 para pedir por razà ³n de trabajo una tarjeta de residencia permanente, conocida tambià ©n como green card. Tambià ©n se admite, en casos extraordinarios, auto-peticià ³n por parte de un trabajador. Esto significa que puede solicitarse en los siguientes casos: Visa E-1, comerciante al amparo de un tratadoVisa E-2, inversor al amparo de un tratadoVisa H-1B, trabajadores extranjeros especiales o modelos. En este caso el gobierno ha anunciado la suspensià ³n temporal del proceso expedito que se reanudarà ¡ el 10 de septiembre de 2018.Visa H-2B, trabajadores temporales para trabajos no agrà colasVisa H-3, trabajadores en prà ¡cticas o visitantes de intercambio en el campo de la educacià ³n especialVisa L-1, L-1B y LZ, trabajadores transferidos dentro de una empresa o subsidiarias de la mismaVisa O-1 para trabajadores con extraordinaria habilidad en Ciencias, Deportes, Arte, Educacià ³n o NegociosVisa O-2 para trabajadores que son un apoyo esencial para los titulares de una visa O-1Visa P-1, P-1S, P-2, P-2S, P-3 y P-3S, para deportistas individuales y de equipo, artistas y personal de apoyo para participar en un programa o evento à ºnico o que formen parte de un programa de intercambio cultural.Visa Q-1, para extranjeros participando en un programa de intercambio cultural internacionalVisa R-1 para religiososVisa TN-1 y TN-2, para canadienses y mexicanos al amparo del Tratado de Libre comercioà (NAFTA, por sus siglas en inglà ©s)Visa EB-1, para extranjeros con habilidades extraordinarias, profesores e investigadores excepcionales y gerentes y ejecutivos de multinacionales.Visa EB-2, para profesionales con titulacià ³n avanzada o habilidad excepcional.Visa EB-3, para profesionales, trabajadores especializados y otros trabajadores El USCIS puede suspender temporalmente el procesamiento premium para alguna de esas visas. En el momento en que se escribe este artà culo no està ¡ vigente ninguna excepcià ³n. Es decir, se puede aplicar para todas las peticiones enunciadas. Costo del procesamiento premium y a quà © da derecho En la actualidad es de $1.225. Sin embargo, esta cantidad puede variar por lo que es muy conveniente verificar con la pà ¡gina oficial del USCIS. Si la solicitud se hace por internet utilizando el sistema de e-file, el pago puede realizarse mediante tarjeta de crà ©dito, dà ©bito o transferencia desde una cuenta de un banco en Estados Unidos. Por el contrario, si se envà a una solicitud en papel, el pago debe hacerse mediante un cheque de un banco en Estados Unidos o por money order. El pago da derecho a que el USCIS acuerde una respuesta en el plazo de 15 dà as naturalesà a contar desde el dà a en el que se recibià ³ la solicitud de procesamiento premium con su correspondiente pago.à La respuesta no significa siempre que se obtiene la aprobacià ³n, sino que puede ser cualquiera de las siguientes: Una carta de aprobacià ³n de la peticià ³n de visa o de tarjeta de residenciaUna carta en la que se pide mà ¡s informacià ³n o documentacià ³n. Es lo que se conoce como Peticià ³n de Evidencia o RFE, por sus siglas en inglà ©s.Una carta en la que se notifica la intencià ³n de rechazar la peticià ³n. Se conoce como NOID, por sus siglas en inglà ©s.Y, finalmente, puede que lo que se notifique es que se à inicia una investigacià ³n porque se sospecha que la peticià ³n es fraudulenta o se ha mentido en la misma o se ha presentado documentacià ³n de apoyo falsa. En el caso de que USCIS haya respondido con una RFE o una NOID, el solicitante debe contestar en el tiempo que se le otorga en la notificacià ³n. Y, una vez que el USCIS recibe lasà alegaciones o la documentacià ³nà adicional que pidià ³, tiene que responder en el plazo de 15 dà as naturales. En casos extraordinarios puede suceder que USCIS no responda dentro de los 15 dà as siguientesaà haber recibido la peticià ³n de tramitacià ³n premium.à En estos casos està ¡ obligado a regresar el coste del trà ¡mite y, ademà ¡s, a responder inmediatamente.à Ademà ¡s, el pago premium da derecho a utilizar un telà ©fono especial gratuito, el 1-866-315-5718, para resolver dudas o hacer preguntas relacionadas con la peticià ³n de la visa. Cà ³mo se solicita el pago premium para acelerar una peticià ³n con USCIS El formulario para solicitar laà aceleracià ³n de los trà ¡mitesà es el I-907. La solicitud se puede realizarà conjuntamenteà con el envà o de los formularios I-129,à en el caso de visa de trabajo temporal, o I-140, cuando se solicita la tarjeta de residencia por trabajo. Tambià ©n puede enviarseà por separadoà en un momento posterior. Resaltar que la peticià ³n de tramitacià ³n acelerada sà ³lo la puede solicitar la empresa o emprendedor o su abogadoà que son los que piden la visa. Nunca puede solicitarla el beneficiario de la peticià ³n, excepto en el caso en el que un trabajador de cualidades excepcionales solicitaà una tarjeta de residencia para sà mismo sin patrocinador. Por el contrario, el pago del formulario I-907 pueden efectuarlo no sà ³lo la empresa oà su abogado, sino tambià ©n la persona extranjera que resultarà a beneficiada por este trà ¡mite. à ¿A quà © no da derecho el pago premium para acelerar los trà ¡mites? En primer lugar, este pago no levanta los là mites anuales en el nà ºmero de visas que se pueden aprobar dentro de cada categorà aà por aà ±o fiscal. Es decir, si se ha agotado el nà ºmero de visas disponibles, con o sin pago premium hay que esperar al siguiente aà ±o fiscal para que se abra de nuevo la disponibilidad de visas. Tampoco da derecho a beneficios extra en los casos en los que existe una loterà a para determinar quià ©nes son los beneficiados de una visa, como por ejemplo con las visas de la familia H, en particular con la H-1B para profesionales. En los aà ±os en los que el nà ºmero de solicitudes excede en menos de una semana al total de visas disponibles para un aà ±o fiscal se procede a decidir por sorteo quià ©n es el ganador. El pago de procesamiento premium no da ventaja en esa loterà a. En tercer lugar, el pago premium no se admite en visas o en tarjetas de residencia cuyo proceso se inicia con formularios distintos al I-129 o al I-140. Por ejemplo, no es posible en las visas de turista, estudiante, intercambio, etc. Tampoco en las peticiones de green card por razà ³n de familia, algunas de las cuales sufren grandes demoras, como son los casos deà las peticiones de ciudadano americano para hermanos, hijos casados o hijos solteros mayores de 21 aà ±os o las de residente para sus hijos solteros mayores de 21 aà ±os. Este artà culo es informativo. No es asesorà a legal para ningà ºn caso concreto.
Wednesday, May 6, 2020
What Is Sebi Free Essays
What is SEBI? SEBI is the regulator for the security Market in India. In 1988 the Securities à and à Exchange à Board à of à India à (SEBI) à was à established à by à the Governmentà ofà Indiaà throughà anà executiveà resolution. Securities and Exchange Board of India (SEBI) was first established in the year 1988 as a non-statutory body for regulating the securities marketà andà wasà subsequently upgradedà asà aà fullyà autonomousà bodyà onà Aprilà 12,à 1992à the Securitiesà and Exchange Board Of India was constituted. We will write a custom essay sample on What Is Sebi or any similar topic only for you Order Now It was constituted in accordance with the provisions of the Securities and Exchange Board Of India Act 1992.Chaired byà C B Bhave, SEBI is headquartered in the popular business district ofà Bandra-Kurla complexà inà Mumbai, and has Northern, Eastern, Southern and Western regional offices inà New Delhi,à Kolkata,à Chennaiandà Ahmedabad. PREAMBLE The Preamble of the Securities and Exchange Board of India describes the basic functions of the Securities and Exchange Board of India as ââ¬Å"â⬠¦.. to protect the interests of investors in securities and to promote the development of, and to regulate the securities market and for matters connected therewith or incidental theretoâ⬠Securities and Exchange Board of India (SEBI), Functions of SEBISEBI has to be responsive to the needs of three groups, which constitute the market: ? the issuers of securities ? the investors ? the market intermediaries. SEBI has three functions rolled into one bodyà quasi-legislative, quasi-judicial and quasi-executive. It drafts regulations in its legislative capacity, it conducts investigation and enforcement action in its executive function and it passes rulings and orders in its judicial capacity. Though this makes it very powerful, there is an appeals process to create accountability.There is a Securities Appellate Tribunal which is a hree-member tribunal and is presently headed by a former Chief Justice of a High court ââ¬â Mr. Justice NK Sodhi. A second appeal lies directly to theà Supreme Court. SEBI has enjoyed success as a regulator by pushing systemic reforms aggressively and successively (e. g. the quick movement towards making the markets electronic and paperless rolling settlement on T+2 basis). SEBI has been active in setting up the regulations as required under law. SEBI has also been instrumental in taking quick and effective steps in light of the global meltdown and the Satyam fiasco. [citation needed]à It had[when? à increased the extent and quantity of disclosures to be made by Indian corporate promoters. More recently, in light of the global meltdown,it liberalised the takeover code to facilitate investments by removing regulatory strictures. In one such move, SEBI has increased the application limit for retail investors to Rs 2 lakh, from Rs 1 lakh at present. [3] The Board is responsible for the securing the interests ofà investors in securities and to facilitate the growth of and to monitor the securitiesmarket in an appropriate manner. To monitor andà control the performance of stockà exchange and derivative markets.Listing and monitoring the functioning of stockà brokers, sub brokers, share transfer agents, bankers to an issue, trustees of trustdeeds, registrars to an issue, merchant bankers, underwriters, portfolio managers,investment advisers and others associated with securities markets by any means. Monitoring and Controlling the functioning of venture capital funds and mutualfunds. Forbid unjust and dishonest trade practices in the security markets andforbid insider trading in the security market. Undertake periodic audits of stockà exchanges, mutual funds, individuals and self regulatory organizations associated with the security market.Functions: 1. REGULATION OF STOCK EXCHANGES AND SUBSIDIARIES One of the key functions of the Board is to supervise and monitor the activities of the exchanges, clearing houses and the settlement system, strengthen market infrastructure and ensure that appropriate ris k management systems are in place. I. Inspection of Stock Exchanges: On-site supervision through inspection of stock exchanges is considered an effective regulatory tool. Under the policy of risk-based supervision which has been adopted from the year under review, stock exchanges having a significant turnover were taken up for onsite inspection.These were The Bombay Stock Exchange (BSE), Calcutta Stock Exchange (CSE), National Stock Exchange (NSE), Inter Connected Stock Exchange (ISE), Ludhiana Stock Exchange (LSE), Hyderabad Stock Exchange (HSE) and Ahmedabad Stock Exchange (ASE). II. Inspection of Subsidiaries of Stock Exchanges III. Restructuring of Management of Subsidiaries: The inspection of the subsidiaries of stock exchanges revealed deficiencies in their functioning and risk management systems The management structure of the subsidiaries needed to undergo change in order to enable them to be able to provide a safe and ransparent market and effectively discharge their responsibilities towards investor protect ion. IV. Illegal Trading in Securities It had come to the notice of the SEBI that certain persons were engaging in trading in securities outside the purview of the stock exchanges (ââ¬Ëillegal trading in securitiesââ¬â¢). 2. REGISTRATION AND REGULATION OF THE WORKING OF INTERMEDIARIES In order to interpose between issuers and investors, regulators recognize various classes of intermediaries in the capital market. Regulation through intermediaries has been found, perhaps more effective in certain spheres of activity. SEBI, over the period, ecognized many types of capital market intermediaries in India and operations during the year is reviewed in the following sections. I. Primary Market Intermediaries such as merchant bankers, underwriters, debenture trustees, bankers to an issue, registrars to an issue and share transfer agents and portfolio manager are regulated by SEBI II. Secondary Market Brokers are one of the most important links between the investors and the market. Their association with the stock exchanges and investors dates back to as early as nineteenth century III. Registration of FIIs During the year 49 FIIs were granted fresh egistration whereas 34 FIIs were granted renewal of registration. 163 sub-accounts got registered and the registration of 71 subaccounts were renewed. IV. Registration of Custodian of Securities 3. REGISTRATION AND REGULATION OF COLLECTIVE INVESTMENT SCHEMES INCLUDING MUTUAL FUNDS AND VENTURE CAPITAL FUNDS. 4. PROMOTION AND REGULATION OF SELF REGULATORY ORGANISATIONS SUCH AS STOCK EXCHANGES. 5. PROPER CHECK ON FRAUDULENT AND UNFAIR TRADE PRACTICES 6. INVESTOR EDUCATION AND THE TRAINING OF INTERMEDIARIES 7. PROHIBITION OF INSIDER TRADING 8. SUBSTANTIAL ACQUISITION OF SHARES AND TAKE-OVERS 9. INSPECTION AND INQUIRIES 0. DELEGATED POWERS AND FUNCTIONS 11. FEES AND OTHER CHARGES 12. RESEARCH AND INTERNATIONAL RELATIONS Some Leading Scams in India: Someà Leadingà Scamsà inà Indiaà Securitiesà Scamà ââ¬âà Harshadà Mehtaà (1991-92)Floating Companies Scam ââ¬â C R Bhansali (1992-96) UTI Scam ââ¬â Unit 64 ââ¬âà Bailout Package of 3,500-4,000 Crores Home Trade ââ¬â Sanjay Agarwal (2000) ââ¬âà Around 300 Crores Scam Securities Scam ââ¬â Ketan Parekh ââ¬â Rs 1,500 Crores FakeStamp Fraud ââ¬â Abdul Karim Telgi ââ¬â Around 30,000 Crores DSQ Software ââ¬âà Dinesh Dalmiya (2001) ââ¬â Around 600 Crores IPO Scam ââ¬â Karvy, Indiabulls(2004-05) Satyam ââ¬â Ramalinga Raju (2009) ââ¬â Around 12,000 Crores.Organization structure Chandrasekhar Bhaskar Bhaveà is the sixth chairman of the Securities Market Regulator. Prior to taking charge as Chairman SEBI , he had been the chairman of NSDL (National Securities Depository Limited) ushering in paperless securities. Prior to his stint at NSDL, he had served SEBI as a Senior Executive Director. He is a formerà Indian Administrative Serviceà officer of the 1975 batch. The Board comprises[2] Name |Designation |As per | |C B Bhave |Chairmanà SEBI |CHAIRMAN | |KP Krishnan |Joint Secretary,à Ministry of Finance |Member | |Anurag Goel |Secretary,à Ministry of Corporate Affairs |Member | |Dr Gà Mohan Gopal |Director,à National Judicial Academy, Bhopal |Member | |MS Sahoo |Whole Time Member,à SEBI |Member | |Dr KM Abraham |Whole Time Member,à SEBI |Member | |Mohandas Pai |Director,à Infosys |Member | |Prashant Saran |Whole Time Member,à SEBI |Member | Steps taken by SEBI to make investors aware of their rights : Brokers and Sub-brokers: Brokers and Sub-brokers Donââ¬â¢ts: Do not deal with unregistered intermediaries. Do not pay more than approved brokerage to the intermediaries. Do not undertakedeals for othersDo not neglect to set out in writing, orders for higher value given o ver phone. Do not accept blank delivery instructions slip while meeting security pay-in obligations. Do not accept unsigned/duplicate contract note/confirmationmemo. Do à not à accept à contract à note/confirmation à memo à signed à by à anyunauthorised person. Do not delay payment/deliveries of securities to broker/ sub-broker. Do not get carried away by luring advertisements, if any. Do not be led by market rumours or get into shady transactions. Investing in Mutual Funds: Investingà inà Mutual à Funds à Dos: Readà the à offer à documentà carefullyà before investing. Note that investments in Mutual Funds may be risky.Mention yourà bank account number in the application form. Invest in a scheme depending upon your investment objective and risk appetite. Note that Net Asset Value of a scheme is subject to change depending upon market conditions. Insist for a copy of the offer document/key information memorandum before investing. Note that pastà performanceà ofà aà schemeà isà notà indicativeà ofà futureà performance. Past performance of a scheme may or may not be sustained in future. Keep track of the Net Asset Value of a scheme, where you have invested, on a regular basis. Find outà aboutà theà investmentà profileà providedà inà portfolioà disclosuresà whichà isavailable on half yearly basis. Investingà inà Mutualà Fundsà Donââ¬â¢ts:Doà notà investà inà aà schemeà justà because somebody is offering you a commission or other incentive, gifts etc. Do not get carriedà awayà byà theà nameà ofà theà scheme/Mutualà Fund. Doà notà fallà preyà to promises of unrealistic returns. Do not forget to take note of risks involved in the investment. Do à not à hesitate à to à approach à concerned à persons à and à then à the appropriate authorities for any problem. Do not deal with any agent/broker dealerà who is not registered with Association of Mutual Funds in India (AMFI). Avoid herd mentality while buying / selling into mutual fund schemes. Do not leave out KYCà detailsà inà yourà applicationà forms. Thatà willà makeà theà formsà liableà forà rejection.Do not rush into making investments that do not match your risk taking appetite and investment goals. Investors should be wary of concentrating theirà mutual fund portfolio in one particular asset class and not diversifying acrossvarious à types à of à scheme à profiles. Dealing in Securities: Dealing in Securities Dos: Transact only through Stock Exchanges. Deal only through SEBI registered intermediaries. Complete all the required formalities ofà opening an account properly (Clientà registration, Client agreement forms etc). Askà for and sign ââ¬Å"Know Your Client Agreementâ⬠. Read and properly understand the risksà associatedà withà investingà inà securitiesà /à derivativesà beforeà undertaking transactions.Assess the risk ââ¬â return profile of the investment as well as the liquidityà andà safetyà aspectsà beforeà makingà yourà investmentà decision. Askà all relevant questions and clear your doubts with your broker before transacting. Invest based on sound reasoning after taking into account all publicly available information and on fundamentals. Give clear and unambiguous instructions to your broker / sub-broker / depository participant. Be vigilant in your transactions. Dealing in Securities: Dealing in Securities Donââ¬â¢ts: Given the benefits of trading on stock exchange it is advisable à to à avoid à off-market à transactions. Do à not à deal à with à unregistered intermediaries.Do not fall prey to promises of unrealistic returns. Do not invest on the basis of hearsay and rumors; verify before investment. Do not forget to take note of risks involved in the investment. Do not be misled by rumours circulating in the market. Do not be influenced into buying into fundamentally unsound companies (penny stocks) based on sudden spurts in trading volumes or prices orà non authentic favorable looking articles / stories. Do notà follow the herd or play on momentum ââ¬â it could turn against you. Do not be misled by so called hot tips. Do not try to time the market. Do not hesitate to approach the proper authorities forà redressal à of à your à doubts à / à grievances. How to cite What Is Sebi, Papers
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