In a significant push to popularise cricket in the US, a $120 million funding has been secured from prominent Indian-American business leaders, including Microsoft CEO Satya Nadella and Adobe CEO Shantanu Narayen, to launch the first professional T20 league in the US. Major League Cricket (MLC), the first professional Twenty20 Cricket League in the US, announced Thursday that it has completed an initial close of a $44 million Series A and A1 Fundraising Round led by a group of America's leading business leaders. It said that with an additional commitment of $76 million in further fundraising over the next 12 months in place, MLC plans to deploy more than $120 million to launch the country's first-ever professional T20 league.
Having issued over 21 lakh cards since lifting of curbs last year, the country's largest private sector lender HDFC Bank is planning to launch a slew of digital initiatives over the next few quarters, a top official said. The Reserve Bank had barred HDFC Bank from issuing new credit cards following incidents of outages in the lender's internet banking /mobile banking/ payment utilities over the previous two years. The curbs were partially lifted after eight months in August last year. Finally, in March 2022, the RBI lifted all restrictions placed on the bank, including digital launches.
The Supreme Court Tuesday extended the stay on criminal proceedings against former Wipro chairman Azim Premji, his wife and others on their plea seeking quashing of summons issued by a Bengaluru court on a "frivolous" and "mischievous" complaint filed by an NGO alleging breach of trust and corruption in merger of three companies with a Premji group firm. A bench of justices S K Kaul and M M Sundresh was hearing an appeal filed by Premji challenging the Karnataka high court order of May 15 which had rejected their pleas for quashing of the January 27 summons issued by the trial court.
The Board of Control for Cricket in India (BCCI) will hold an emergency meeting in Chennai on Sunday. And, the beleaguered BCCI president, N Srinivasan, is likely to announce his resignation at the meeting, after being virtually isolated by his team in the Board.
The 10-member jury was headed by filmmaker Vipul Shah. The awards were announced by jury member Dharam Gulati.
'We have great demographics, and are the fastest growing large economy. And we save.' 'All of which is great for financial services,' Aditya Birla Capital CEO Ajay Srinivasan tells Niraj Bhatt.
The Supreme Court on Friday stayed criminal proceedings against former chairman of Wipro, Azim Premji, and his wife on their plea seeking quashing of the summons issued by a Bengaluru trial court on a "frivolous"and "mischievous" complaint filed by an NGO alleging breach of trust and corruption in merger of three firms with a Premji group firm. A bench of Justices Sanjya Kishan Kaul, Dinesh Maheshwari and Hrishikesh Roy also issued notice to an NGO, Indian Awake for Transparency and others and sought their response. Senior advocates Mukul Rohatgi, A M Singhvi appearing for Premji and others said that the complaint was "mischievous" in nature.
IPL franchise Chennai Super Kings extended support to the people of Tamil Nadu in the fight against the surging COVID-19 second wave by arranging for the delivery of 450 oxygen concentrators.
A class 9 student was allegedly raped on April 4 in Hanskhali in West Bengal's Nadia district during a birthday party at the house of the prime accused, a local Trinamool Congress leader's son.
HDFC Bank, the country's largest private-sector lender, lost to competition wholesale loans of around Rs 50,000 crore after it increased interest rates in May, said Chief Financial Officer Srinivasan Vaidyanathan in an analyst call. "There were some customers who were offered lower rates by other market participants. "But we decided not to cut back on our rates," he said while addressing analysts after the announcement of the bank's Q1 earnings.
All India Anna Dravida Munnetra Kazhagam coordinator O Panneerselvam on Wednesday appeared to have resigned himself to the fact that the odds are stacked against him and his followers, ahead of the June 23 party meeting which is expected to take up the sole leadership question.
Just days after International Olympic Committee (IOC) chief Thomas Bach's visit to the country, the factional feud within Indian Olympic Association (IOA) surfaced on Thursday with a National Sports Federation head moving a No Confidence motion against incumbent president Narayanswami Ramachandran.
The following is the list of BCCI Presidents till date:
Lakshmi Venu, granddaughter of T S Srinivasan (TVS) and A Sivasailam (The Amalgamations Group), is managing director of Sundaram Clayton Limited (SCL) and director of TAFE Motors and Tractors Limited (TMTL).
Sri Srinivasan could become the first Indian-American to be on the bench of the US Supreme Court after conservative icon Justice Antonin Scalia's sudden death.
According to one of the Kochi team co-owners, Modi had driven them to 'madness'.
With Supreme Court verdict virtually putting a full stop to their administrative career in BCCI, former presidents N Srinivasan and Anurag Thakur joined forces at an informal meeting in Bangalore on Saturday.
- Media reports had claimed on Sunday that BCCI was sent a letter by international cricket's governing body about Thakur being seen with an alleged bookie Karan Gilhotra - 'Former BCCI president, N Srinivasan is trying to malign Thakur's image'
Thennarasu said that while the governor had to grant his approval to the bill, he informed them it was still under his consideration.
Sri Srinivasan could become the first Indian-American to be on the bench of the US Supreme Court.
Bihar Cricket Association (BCA) secretary Aditya Verma, who is the petitioner in the Indian Premier League (IPL) spot-fixing case, on Monday, termed the efforts by the Board of Control for Cricket in India's (BCCI) to shield its former president Narayanaswami Srinivasan and other involved officials in the ongoing case as 'unfortunate'.
At the same time VK Sasikala, confidante of late party matriarch J Jayalalithaa is staking claim to the late leader's legacy.
Livid over Narayanswami Srinivasan attending the Board of Control for Cricket in India's working committee meeting, Cricket Association of Bihar secretary Aditya Verma shot off a letter to the Justice Lodha Committee, requesting it to recommend administrative reforms in the cricket board.
Former Board of Control for Cricket in India president Narayanaswami Srinivasan will be back in focus as some of the Board's state units plan to prop up his name at its Special General Meeting on Sunday despite COA seeking Supreme Court directives on this issue.
Lalit Modi resigned as the president of the Nagaur District Association, marking an end to his presence in the Rajasthan Cricket body, which was banned by the Board of Control for Cricket in India for allowing the tainted administrator in its fold.
The intense leadership battle in the Board of Control for Cricket in India after Jagmohan Dalmiya's demise has taken a new turn with known foes and former Board chiefs Narayanaswami Srinivasan and Sharad Pawar holding a surprise meeting in Nagpur.
'The CEO will neither be able to guide the senior team in operational matters nor decide on their appointment, compensation or removal.' 'Yet, the CEO is responsible for the profit and loss of the bank!' 'Why would the senior executives listen to him?' 'Which self-respecting professional would want to be a CEO with these constraints?' asks Tamal Bandyopadhyay.
Ace photographer Karthik Srinivasan's 2020 Royals calendar featured the stars of the southern film industry, and they looked so stunning! Of course, a lot of hard work was involved to get them to look so royal and glamorous.
'All of us tend to believe that they are so well paid, why should we bother about their payments.' 'But who all are well paid? Only a handful, maybe 3-4 of them, who go in for endorsements and things.' 'The others are struggling, playing Ranji Trophy and other matches, so that compensation we made it market-oriented.'
Fairwork focuses on five principles of fair gig work: Fair pay, fair conditions, fair contracts, fair management, and fair representation.
This will be his second term at the helm in the Indian cricket board, more than a decade after his first term ended.
The apex court has fixed April 17 as the date for its next hearing on Committee of Administrators' plea on eligibility to represent India at ICC meetings.
Chahar became the most expensive Indian fast bowler at an IPL auction when CSK paid Rs 14 crore to secure his services
The 67-year-old Patel had played 21 Tests for India with little success but was a stalwart for Karnataka at the first class level.
'There is a plan to add a '19 plus' level where all these boys could be integrated'
Former cricket administrators hailed the Supreme Court verdict of barring N Srinivasan from contesting any BCCI election on grounds of conflict of interest, saying that it will end malpractices while bringing transparency in the running of the game in the country.
