Anything from my love for music and radio to people I know and issues I see. All is here, for a peep. My journal, you may call it...
Monday, August 13, 2007
Hiphop Info
Hip hop (also spelled hip-hop or hiphop) is both a music genre and a cultural movement developed in New York starting in the 1970s, predominantly by African Americans and Latinos. Since first emerging in New York City in the 1970s, hip hop has grown to encompass an entire lifestyle that consistently incorporates diverse elements of ethnicity, technology, art and urban life. There are four fundamental elements in hip hop:
Hip hop dance: Breakdance and various forms of street dance;
Hip hop art: Urban inspired art, often as graffiti;
Hip hop music: DJing, beats and beatmaking, and hip hop production;
Rapping: MCing and urban inspired poetry.
Contents:
1 History of Hip hop
1.1 Hip hop music and DJing
1.2 Evolution of the MC
1.3 Origin of the term "Hip Hop"
1.4 Hip Hop Embraces Technology
2 Legacy
3 See also
4 References
History of Hip hop
Hip hop music and DJing
During the early 70s, Clive Campbell, a Jamaican DJ who went by the name " Kool Herc," arrived in New York City. Herc introduced the Jamaican tradition of "toasting," or boasting impromptu poetry and sayings over Reggae, Disco and Funk records, during parties in the Bronx, New York. Herc also was the originator of break-beat deejaying, where the breaks of funk songs—being the most danceable part, often featuring percussion—were isolated and repeated for the purpose of all-night dance parties. Later DJs such as Grandmaster Flash refined and developed the use of breakbeats, including cutting.
Herc's idea was soon widely copied, and by the late 70's a myriad of DJ's were releasing 12" cuts where they would rap to the beat. Popular tunes included Kurtis Blow's "The Breaks", and The Sugar Hill Gang's "Rapper's Delight".
Evolution of the MC:
Rapping then developed as MCs would talk over the music to promote their DJ, promote other dance parties, or take light-hearted jabs at other lyricists. This soon developed into the rapping that appears on earlier basic hip-hop singles, with MCs talking about problems in their areas and issues facing the community as a whole. Melle Mel, a rapper/lyricist with The Furious Five is often credited with being the first rap lyricist to call himself an "MC."
By the late 1970s myriad DJs were releasing 12" cuts where MCs would rap to crowd-moving beats. Popular tunes included Grandmaster Flash & The Furious Five's "Supperrappin'," Kurtis Blow's " The Breaks," and The Sugar Hill Gang's "Rapper's Delight". In 1982, Melle Mel and Duke Bootee recorded " The Message" (officially credited to Grandmaster Flash & The Furious Five), a song that foreshadowed socially conscious hip hop.
Origin of the term "Hip Hop"
Coinage of the term hip hop is often credited to Keith Cowboy, a rapper with Grandmaster Flash & the Furious Five. Though Lovebug Starski, Keith Cowboy, and DJ Hollywood used the term when the music was known as disco rap, it is believed that Cowboy created the term while teasing a friend who had just joined the US Army, by scat singing the words "hip/hop/hip/hop" in a way that mimicked the rhythmic cadence of marching soldiers.
Cowboy later worked the "hip hop" cadence into a part of his stage performance, which was quickly copied by other artists; for example the opening of the song "Rapper's Delight" by The Sugarhill Gang. Former Black Spades gang member Afrika Bambaataa is credited with first using the term to describe the subculture that hip hop music belongs to, although it is also suggested that the term was originally derisively used against the new type of music.
Wanna know more, send me a request and i'll post my complete finding on hip-hop ';-)
Friday, August 10, 2007
Mutual Fund Risk Factor : SBI
Past performance of the Sponsor / AMC / Mutual Fund or its affiliates does not guarantee the future performance of the scheme(s) of the Mutual Fund.
State Bank of India, the sponsor, is not responsible or liable for any loss resulting from the operation of the scheme beyond the initial contribution made by it of an amount of Rs. 5 lakhs towards setting up of the mutual fund.
Magnum Equity Fund, Magnum Taxgain, Magnum Index Fund, Magnum Sector Funds Umbrella, Magnum Multiplier Plus Scheme, Magnum Global Fund, Magnum MidCap Fund, Magnum Comma Fund, Magnum Multicap, BLUE CHIP Fund
Magnum NRI Investment Fund, Magnum Income Plus Fund, Magnum Income Fund, Magnum Children's Benefit Plan, Magnum Monthly Income Plan, Magnum Gilt Fund, Magnum Monthly Income Plan Floater, Magnum Balanced Fund, Magnum Institutional Income Fund-Savings, Magnum InstaCash Fund
As per SEBI circular SEBI/IMD/Cir No. 10/22701/03 dated 12th December 2003 each scheme and individual plan(s) under the schemes should have a minimum of 20 investors and no single investor should account for more than 25% of the corpus of such scheme/plan(s). In case of non fulfillment with either of the above two conditions in a three month time period or the end of the succeeding calendar quarter, whichever is earlier, from the close of the New fund offer of openended schemes or on an ongoing basis for each calendar quarter, the schemes/plans shall be wound up by following the guidelines prescribed by SEBI and the investor's money would be redeemed at applicable NAV.
SEBI has provided further clarifications vide circular SEBI/IMD/Cir No. 1/42529/05 dated 14th June 2005 in respect to determining the breach of the 25% limit by an Investor - (i) the earlier circular would be applicable at the portfolio level. (ii) The average net assets of the scheme would be calculated daily and any breach of the 25% holding limit by an investor would be determined. At the end of the quarter, the average of daily holding by each such investor will be computed to determine whether that investor has breached the 25 % limit over the quarter. If there is a breach of limit by any investor over the quarter, a rebalancing period of one month would be allowed and thereafter the investor who is in breach of the rule shall be given 15 days notice to redeem his exposure over the 25 % limit. Failure on the part of the said investor to redeem his exposure over the 25 % limit within the aforesaid 15 days would lead to automatic redemption by the Mutual Fund on the applicable Net Asset Value on the 15th day of the notice period.