Latest news with #ACU
India Gazette
08-07-2025
- Business
- India Gazette
RBI announces auction of two dated securities worth Rs 25000 crore
New Delhi [India], July 8 (ANI): The Government of India has announced the auction of two dated securities worth a total of Rs 25,000 crore, as per an official notification issued by the Reserve Bank of India (RBI). According to the notification, the auction includes a new Government Security (GS) maturing on July 14, 2032, worth Rs 11,000 crore, and a re-issue of the 7.09 per cent GS maturing on November 25, 2074, worth Rs 14,000 crore. The government also has the option to retain an additional subscription of up to Rs 2,000 crore for each of the securities. The auction will be conducted by the Reserve Bank of India (RBI) through its Mumbai office using the e-Kuber system on July 11, 2025 (Friday), and the settlement will be completed on July 14, 2025 (Monday). RBI stated, 'Government of India (GoI) has announced the sale (issue / re-issue) of two dated securities for a notified amount of Rs 25,000 crore'. A dated security is a type of government bond issued with a fixed maturity date and interest rate, and it pays interest to the investor at regular intervals, usually every six months. These are long-term borrowings by the government to finance its fiscal needs. On the other hand, a re-issue of securities refers to the sale of an existing security that has already been issued in the past. Re-issued securities carry the same terms, such as interest rate and maturity date, as the original issue but are sold in a fresh auction to raise additional funds. RBI noted that the auction will follow a multiple-price method where both competitive and non-competitive bids can be submitted electronically on the RBI's e-Kuber platform. Non-competitive bids are allowed between 10:30 a.m. and 11:00 a.m., while competitive bids can be submitted from 10:30 a.m. to 11:30 a.m. on the day of the auction. The results will be announced on the same day, and successful bidders must make payments by the settlement date. Primary Dealers can also submit bids for underwriting the Additional Competitive Underwriting (ACU) portion between 9:00 a.m. and 9:30 a.m. on the same day. The securities will be eligible for 'When Issued' trading from July 8 to July 11, 2025. They will be issued in a minimum amount of Rs 10,000 and in multiples of Rs 10,000 thereafter. Up to 5 per cent of the notified amount of each security is reserved for eligible individuals and institutions under the non-competitive bidding facility, which can also be accessed through the Retail Direct portal. Interest on these securities will generally be paid half-yearly. The RBI has also stated that in the event of technical failures, physical bids may be submitted in exceptional cases using prescribed forms. Investors are allowed to place multiple competitive bids, provided the total does not exceed the notified amount. (ANI)
India Gazette
04-07-2025
- Business
- India Gazette
RBI notifies underwriting auction for Rs 32,000 crore Government Securities
Mumbai (Maharashtra) [India], July 4 (ANI): The Reserve Bank of India (RBI) has announced an underwriting auction for the sale of government securities worth Rs 32,000 crore on Friday. The auction will cover both issue of new government security and the re-issue of an existing one. 'The underwriting auction will be conducted through multiple price-based method on July 04, 2025 (Friday). PDs may submit their bids for ACU auction electronically through Core Banking Solution (E-Kuber) System,' the RBI said. The securities include a new Government Security (GS) maturing in 2040 and a re-issue of the 6.90 per cent GS maturing in 2065, each carrying a notified amount of Rs 16,000 crore. These bonds will be sold through a competitive bidding process involving Primary Dealers (PDs). In simple terms, an underwriting auction is conducted by the RBI to ensure that the full amount of government bonds being issued is subscribed, even if market demand is uncertain. Primary Dealers act as underwriters in this process, they commit to purchasing any unsold portion of the bonds. This mechanism helps the government raise funds smoothly for its expenditure needs. As per the RBI's underwriting commitment scheme, each PD has a Minimum Underwriting Commitment (MUC) of Rs 381 crore for each of the two securities. They are also required to place bids for at least Rs 381 crore under the Additional Competitive Underwriting (ACU) auction. The auction will follow a multiple price-based method and will be held through the RBI's E-Kuber system. The underwriting commission, or fee paid to PDs for their commitment, will be credited to their accounts on the day the securities are issued. This auction is part of the government's regular borrowing program and highlights the RBI's role in facilitating smooth debt market operations. (ANI)
Yahoo
27-06-2025
- Sport
- Yahoo
ACU's Center for Sports Leadership and Learning and SABR Partner to Advance Data Literacy and Leadership in Sports
Dallas, Texas--(Newsfile Corp. - June 27, 2025) - In a bold move to transform the future of sports leadership and analytics, the Center for Sports Leadership and Learning at Abilene Christian University (ACU) yesterday announced a strategic partnership with the Society for American Baseball Research (SABR) during the opening session of the SABR 2025 National Convention in Dallas, Texas. The announcement was shared during a special Q&A session featuring Dr. George Saltsman, provost at ACU Dallas, and Scott Bush, chief executive officer of SABR. This partnership unites two organizations deeply committed to excellence in research, education and the advancement of sport through scholarship and innovation. "ACU is proud to collaborate with SABR, an organization with a legendary commitment to intellectual curiosity and love of the game," said Dr. George Saltsman. "Together, we aim to elevate the role of analytics and leadership education across the entire sports landscape - from the front office to the field and, ultimately, to the fans." Founded in 1971 in Cooperstown, New York, SABR has grown from a small group of baseball historians into a global network of over 7,500 members - including executives, coaches, players, journalists and passionate fans - united by a shared love of baseball and a devotion to rigorous research. Often called the "Phi Beta Kappa of baseball," SABR is known for its unmatched scholarly community and dynamic annual convention, which brings together baseball's sharpest minds and voices. Through this partnership, ACU and SABR will begin integrating SABR's industry-respected course content and certification pathways into ACU's academic and professional development programs. The two organizations will collaborate on assigning academic credit to SABR courses, enabling sports professionals to earn credentials that align with their career advancement goals. Initial efforts will focus on adapting SABR's analytics training for inclusion in degree offerings and non-degree certificates at ACU Online. In addition, faculty and staff from both organizations will explore opportunities for collaborative research projects that combine SABR's vast historical data and analytical tools with ACU's academic expertise. Joint professional development offerings and pilot course rollouts are expected to launch later this year. "This partnership is about more than baseball - it's about bringing SABR's legacy of thoughtful inquiry and statistical innovation to a wider sports audience," said Scott Bush, SABR CEO. "Together with ACU, we're opening doors for learners, leaders and organizations seeking to make smarter decisions, build stronger teams, and deepen their understanding of the games we love." "SABR transformed the way professional baseball teams build rosters and how they play the game, ushering in a new era of data-driven decision-making and performance," said Ben Baroody, executive director of the Center for Sports Leadership and Learning. "It's only fitting that SABR is once again at the forefront-this time as we work to redefine how leadership development and learning are integrated across the sports industry. This partnership represents a bold step toward equipping today's and tomorrow's leaders with the insight and tools they need to thrive on and off the field in an ever-evolving sports landscape." The collaboration will begin immediately with plans to pilot integrated courses and co-branded professional development offerings in late 2025. Additional details, including opportunities for enrollment and involvement, will be announced in the coming months. Launched in 2025, the Center for Sports Leadership and Learning at ACU Online exists to empower coaches, administrators, and athletes through holistic leadership education, strategic consulting, and applied research. The Center serves sports professionals across all levels - from youth leagues to pro teams - through innovative programming that integrates faith, character and high-performance principles. Learn more at The Society for American Baseball Research (SABR) is a global community of baseball enthusiasts, researchers, historians and professionals dedicated to preserving and advancing the game through thoughtful analysis and shared passion. Founded in 1971 at the National Baseball Hall of Fame in Cooperstown, SABR hosts dozens of research committees, regional chapters, and an annual convention that celebrates baseball scholarship, culture, and camaraderie. Learn more at ### Contact: Wendy Kilmer, of Strategic Communications Amanda Gibson, Vice President of Marketing and Communications, ACU Online To view the source version of this press release, please visit Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Associated Press
27-06-2025
- Sport
- Associated Press
ACU's Center for Sports Leadership and Learning and SABR Partner to Advance Data Literacy and Leadership in Sports
Dallas, Texas--(Newsfile Corp. - June 27, 2025) - In a bold move to transform the future of sports leadership and analytics, the Center for Sports Leadership and Learning at Abilene Christian University (ACU) yesterday announced a strategic partnership with the Society for American Baseball Research (SABR) during the opening session of the SABR 2025 National Convention in Dallas, Texas. The announcement was shared during a special Q&A session featuring Dr. George Saltsman, provost at ACU Dallas, and Scott Bush, chief executive officer of SABR. This partnership unites two organizations deeply committed to excellence in research, education and the advancement of sport through scholarship and innovation. 'ACU is proud to collaborate with SABR, an organization with a legendary commitment to intellectual curiosity and love of the game,' said Dr. George Saltsman. 'Together, we aim to elevate the role of analytics and leadership education across the entire sports landscape - from the front office to the field and, ultimately, to the fans.' Founded in 1971 in Cooperstown, New York, SABR has grown from a small group of baseball historians into a global network of over 7,500 members - including executives, coaches, players, journalists and passionate fans - united by a shared love of baseball and a devotion to rigorous research. Often called the 'Phi Beta Kappa of baseball,' SABR is known for its unmatched scholarly community and dynamic annual convention, which brings together baseball's sharpest minds and voices. Through this partnership, ACU and SABR will begin integrating SABR's industry-respected course content and certification pathways into ACU's academic and professional development programs. The two organizations will collaborate on assigning academic credit to SABR courses, enabling sports professionals to earn credentials that align with their career advancement goals. Initial efforts will focus on adapting SABR's analytics training for inclusion in degree offerings and non-degree certificates at ACU Online. In addition, faculty and staff from both organizations will explore opportunities for collaborative research projects that combine SABR's vast historical data and analytical tools with ACU's academic expertise. Joint professional development offerings and pilot course rollouts are expected to launch later this year. 'This partnership is about more than baseball - it's about bringing SABR's legacy of thoughtful inquiry and statistical innovation to a wider sports audience,' said Scott Bush, SABR CEO. 'Together with ACU, we're opening doors for learners, leaders and organizations seeking to make smarter decisions, build stronger teams, and deepen their understanding of the games we love.' 'SABR transformed the way professional baseball teams build rosters and how they play the game, ushering in a new era of data-driven decision-making and performance,' said Ben Baroody, executive director of the Center for Sports Leadership and Learning. 'It's only fitting that SABR is once again at the forefront-this time as we work to redefine how leadership development and learning are integrated across the sports industry. This partnership represents a bold step toward equipping today's and tomorrow's leaders with the insight and tools they need to thrive on and off the field in an ever-evolving sports landscape.' The collaboration will begin immediately with plans to pilot integrated courses and co-branded professional development offerings in late 2025. Additional details, including opportunities for enrollment and involvement, will be announced in the coming months. Launched in 2025, the Center for Sports Leadership and Learning at ACU Online exists to empower coaches, administrators, and athletes through holistic leadership education, strategic consulting, and applied research. The Center serves sports professionals across all levels - from youth leagues to pro teams - through innovative programming that integrates faith, character and high-performance principles. Learn more Contact: Wendy Kilmer, [email protected] Director of Strategic Communications Amanda Gibson, [email protected] Associate Vice President of Marketing and Communications, ACU Online To view the source version of this press release, please visit
Digital Trends
27-06-2025
- Automotive
- Digital Trends
Aventon Level.3 e-bike review: the smarter commuter
Aventon Level.3 MSRP $1,899.00 Score Details 'Aventon focuses on what matters for commuters: comfort and security.' Pros Adapts to rider size and riding geometry Dual suspension softens ride Uncluttered controls and cables GPS-enabled app includes several security features Stays current with over-the-air updates High value cost-quality ratio Cons No brake lights Mirrors not standard Security features require 4G subscription All-terrain e-bikes, cruisers, and other models acquired for casual riding or recreational transportation are convenient and fun, but they don't have to justify their cost. That's not the case with e-bikes used for commuting. Good commuter e-bikes prove their value every day. The Aventon Level.3 e-bike for commuters is the latest model from a company with a history of producing solid e-bikes that offer the durability and comfort features required for daily commuting. Two years ago, when I reviewed the Aventon Soltera.2, I praised its power, light weight, and value as a city bike for commuters, although I wished it had hydraulic brakes, fenders, and a rear rack as standard equipment. The Level.3 has the brakes, fenders, and rack I asked for, but also goes far beyond the Soltera.2 with security and other smart features supported by the Aventon Control Unit (ACU) electronic technology that can keep the Level.3 and other ACU-equipped e-bikes current via over-the-air (OTA) updating. Recommended Videos Aventon Level.3 commuter e-bike: highest and best use The Level.3 ships as a Class 2 e-bike, with a maximum power-assisted top speed of 20 mph. Battery power is accessed via three levels of pedal power assistance or a thumb throttle located on the handlebar, adjacent to the hand grip. You can change the configuration to Class 3 via the Aventon app, which sets the top assisted speed at 28 mph with pedal assistance. The maximum speed remains 20 mph with throttle use only. You certainly aren't restricted to riding on pavement only with the Level.3, but it's not intended for heavy off-road terrain. The standard rear rack can carry up to 60 pounds and accepts a set of optional panniers, so light touring is a possibility. With a total cargo capacity of 300 pounds, including the rider, gear, and cargo, the Level.3 wouldn't be a great choice for long-distance touring or as a cargo bike. I tested the Level.3 Step Through e-bike during an Aventon pre-launch editorial event in Long Beach, California, in February 2025, and in late spring and early summer with a production model at home in Connecticut. Aventon also sells the Level.3 with a more traditional crossbar frame. Aventon claims that the Step Through version weighs 66 pounds, and the crossbar version weighs 68 pounds. According to my digital scale, the test e-bike weighed 67.8 pounds, which is approximately average for e-bikes overall. Commuter e-bikes and city e-bikes need to be sturdy and up to the challenge of frequent encounters with potholes and street curbing. The Level.3 boosts a gravity-cast 6061 aluminum frame, cited for its toughness and durability. Gravity-cast aluminum is particularly valued for its strength-to-weight ratio. The Level.3's highest and best use is as a commuter e-bike, preferably for someone who doesn't need to carry it up and down stairs every day. I'll delve into the bike's various comfort, convenience, performance, and security features below, but the Level.3 is purpose-built for commuting and is an excellent choice for that purpose. Aventon Level 3 commuter e-bike: power to go A 36V electric motor, rated at 500 watts sustained and 864 watts peak output, powers the Level.3. Torque is rated at 60 Newton-meters, but frankly, it felt like the bike had more pulling power when I rode up my long, steep driveway. When using pedal power assistance, a pedaling torque sensor adjusts the power delivery based on the force with which you pedal. Power is delivered in one of three riding modes: Eco, Sport, and Turbo. You can adjust the percentage of power assistance in each mode using Aventon's FineTune feature, although I found the power gradients to be sufficient and felt natural. And then this happened: Aventon added a Boost mode. Aventon began shipping the Level.3 in the spring. As I was finishing my testing for this review, however, the company issued a firmware update OTA for all Aventon models with an ACU unit and a hub drive motor. That update included Boost Mode. Boost Mode isn't a normal mode because you cannot select it and stay in it all the time, unlike Eco, Sport, and Turbo. Boost Mode allows you to use up to 120% of the motor's peak power and torque, but only for 30 seconds at a time. After 30 seconds, the motor reverts to the previous power mode. Boost is designed for a quick burst of extra power to clear an intersection, tackle a challenging incline, or other situations when you need a bit more power. When the time is up, however, you have to wait five minutes before you can reaccess Boost Mode. Aventon lists the Level.3's maximum range as 70 miles, which is much more than most e-bikes with single batteries, and 10 miles more than the previous model. To reach 70 miles per charge, you'll undoubtedly need to stay in Eco mode and restrict your speed somewhat, but few e-bike commuters will need more power for a daily round trip. The 36V battery, a 20-amp battery certified to UL 2271, supplies up to 733 Wh using its LG Lithium-ion cells. Aventon includes a more powerful-than-average 4 Amp charger, which can charge the battery from 0 to 100% in approximately five hours. Aventon Level.3 commuter e-bike: rider comfort and convenience Any bike that you'll ride on a daily basis has to be comfortable. Aventon addresses rider comfort with rider fit dimensional choices, handlebar and seat adjustments, and front wheel and seat suspension elements. The Level.3 traditional and step-through frames are each available in two sizes, regular and large. Aventon lists height and inseam ranges for both frame sizes. Frame Size Height Inseam Step Through Regular 4′ 11″ to 5′ 7″ 24″ to 29″ Step Through Large 5′ 7″ to 6′ 1″ 29″ to 33″ Traditional Regular 5′ 3″ to 5′ 10″ 26″ to 31″ Traditional Large 5′ 10″ to 6′ 4″ 31″ t0 35″ To accommodate rider size, the Level.3 seat and handlebar heights are adjustable. In addition, the handlebar angle adjusts from a range of forward or upright riding postures. I'm 5'7″ tall with a 29-inch inseam, and the large step through frame was a great fit. Because I've spent decades leaning over keyboards, my neck falls a bit forward, so Iwhen setting it up, I rolled back the handlebar to its most upright position for the most comfortable riding geometry. Road irregularities are a given, whether you're ridng in a city or the country. Aventon upgraded this lastest commuter e-bike with a suspension seat post with 50mm of travel to add to the adjustable front suspension fork which has 80mm travel. Aventon's seat is reasonably comfortable, but on my first rides the suspension fork's travel surprised me when it moved up and down with bumps in the road. I soon get used to it and became less concerned about road and sidewalk seams, joints, and cracks. The handlebar hardware organization and function is a less-obvious factor in rider comfort, but the simplicity of the Level,3's controls and its uncluttered appearance means there's less to keep track of and the contol you need is easy to find. The 2.75-inch diagonal measure, full-color LCD display is bright and easy to read. Aventon Level.3 commuter e-bike: security features E-bike security is a concern if you have to leave your ride unattended. I still recommend that you use at least two physical locks any time you park a bike in a public space, but the Aventon Control Unit (ACU) is packed with security features to protect your ride so it will be where you left it when your're ready to ride home. The ACI relies on 4G connectivity, with a one year subscription included with the bike purchase. Additional years cost just $20, but if you don't use the ACU features you don't need to resubscribe. The ACU's features include integrated GPS so you can track your bike if someone takes it or find it if you can't remember where you parked. There's also a motion sensor to detect unusual activity and geofencing, both can be configured to send an alert plus you can cut power assistance outside approved boundaries. There is a keyless battery fearture so you can remove the battery for charging or protection, even when you don't have the key. The integrated electronic rear wheel lock prevents the Level.3's long kickstand from being raised and locks the rear wheel. All of the ACU features are selectable with the Aventon app so you can use them selectively as needed. Aventon Level 3 commuter e-bike: riding impressions I wouldn't want to ride the Level.3 on a regular basis for exercise without power assistance, but avid bicyclists or fitness riders might think it's OK. I rode it with the power turned off on flat terrain and it was doable and even pleasant until I came to an incline, at which point the fun was over. I'm generally partial to fat tire all-terrain e-bikes and off-road bikes, but have come to appreciate well-sorted road bikes and city bikes. The demands differ between e-bike applications, and Aventon has clearly nailed the requirements for e-bike commuting. The Level.3 is a lightweight like the Soltera city bike models, but it's a sturdier bike designed for frequent, heavier use than the city bikes. I particularly enjoyed going into Boost Mode when it was available at the end of my testing the bursts of speed and power, but I also appreciated the Level.3's ability to weave around obstacles. The bike's 27.5-inch diameter 2.2-inch wide Kendra tires are by no means fat tires and don't soften the ride, but they added to the bike's agiity while still presenting a wider tread with more protection than a slim road bike tire. I do have two knocks against the Level.3, however. The lights are fine and I appreciate the Level.3's turn signals. The brake levers don't cut battery power when applied, however, and, even more significantly, there are no brake lights. The taillights are nice and bright, but Aventon missed a step. I also wish the Level.3 included at least one rear view mirror. The demo bikes at the pre-lanch press event had optional bar-end mirrors that worked very well, but they arent standard. Almost no brands include mirrors, but I think any bike, powered or not, that shares roads with motor vehicles needs at least one mirror. Aventon's Handlebar Grip Mirror is a $20 option. Aventon Level.3 commuter e-bike: our take You should absolutely choose Aventon's Level.3 if you're looking for a dependable e-bike for daily commuting. The rider accommodation and comfort features, standard smart security apps, and the overall quality of the Level.3 make it a bargain at its $1,899 list price. The Gazelle Eclipse e-bike is another highly evolved e-bike the standard wheel locking and its 100 mile range is greater than the Aventon Level.3's 70 miles, but the Gazelle sells for $6,000, which is more than three times the cost. The Lectric One commuter e-bike has advanced drive train components designed for durability and low maintenance. The One's $2,199 price isn't that much more than the Level.3, which makes it a tempting choice, but the lack of front or rear suspension can deliver a jarring ride.
