In 2012, Diageo signed a deal to buy stake in USL.
At the immediate heart of the dispute is an inheritance that involves Rs 1,500 crore of shares that were bequeathed on a gift deed on a Rs 500 non-judicial stamp paper.
The Pentagon has awarded Bell Helicopter a contract to manufacture and deliver the choppers to Pakistan under its foreign military sales funds.
Uttar Pradesh Cricket Association (UPCA) secretary Rajeev Shukla has said that new stadia will be built in the state to host IPL and limited-over matches while Green Park here will be used solely as a Test venue.
The outgoing chairman believed in building for the future; for his successor, the challenge will be to maintain the momentum, says Ishita Ayan Dutt.
The NDA government is seeking removal of all political appointments.
Mumbai Cricket Association, headed by former BCCI President Sharad Pawar, would file an intervention application before the Supreme Court to highlight the difficulties in implementing Justice R M (retired) Lodha Committee's recommendations to restructure the Board. This was decided at a meeting of the MCA's Managing Committee, said a media release today from the association's joint secretaries, P V Shetty and Unmesh Khanvilkar. "In a meeting of the Managing Committee of the Mumbai Cricket Association to discuss the far ranging consequences of the Lodha Committee's recommendations, it was unanimously decided that the Mumbai Cricket Association would file an intervention application before the Supreme Court and highlight the difficulties and inconsistencies in the report," the media release said. "Accordingly, the members unanimously authorised Joint Honorary Secretaries and Vice President Ashish Shelar to seek appropriate legal advice and file necessary applications before the Court," the release added.
Goal-line technology would be used in the Champions League from the final qualifying round but not in the first three preliminary rounds. It could also be introduced in the Europa League from 2017-18.
The South African Cricketers Association has called on the BCCI and the CSA to urgently work out the itinerary for the upcoming tour by India, saying that the continuing delay is "worrying and frustrating" for the players.
Barred by the Supreme Court from contesting the Board of Control for Cricket in India's elections, president-in-exile Narayanswami Srinivasan has called some of the affiliated units for an informal meeting in Chennai on Thursday to decide his future course of action.
Creditors are fighting to get back Rs 600 crore, KFA employees not paid for months.
RIL had said at that time the allegations were baseless and devoid of any merit.
Costlier oil due to rising conflict in Iraq threatens to hurt the India economy that is already battling price rise and slowing growth.
The under-fire Board of Control for Cricket in India on Friday adjourned its crucial Special General Meeting, called to consider the sweeping reforms suggested by the Supreme Court-appointed Lodha Committee, on technical grounds.
Mumbai Cricket Association has formally requested the BCCI to allot the second and final Test between India and the West Indies to the Wankhede Stadium so that Sachin Tendulkar could play his milestone 200th Test before the home crowd.
Unruffled by the Supreme Court order prohibiting him from taking charge and braving scathing criticism he has encountered on issues of propriety, a defiant N Srinivasan is certain to be elected unopposed as the president of the BCCI during its AGM in Chennai on Sunday.
Former Sports Minister Ajay Maken termed IOA's decision 'sad and painful', and urged the ministry to take act against the move.
The bi-annual elections of the Mumbai Cricket Association are unlikely to be held before October, its president Ravi Savant said in Mumbai, on Wednesday.
Former Goa Cricket Association (GCA) president Shekhar Salkar said more clarification is needed on some of the Lodha Committee recommendations calling for massive overhaul of the functioning of the Board of Control for Cricket in India and administration of the popular sport.
BCCI joint secretary and Himachal Pradesh Cricket Association (HPCA) boss Anurag Thakur is confident about bringing Test cricket to the picturesque HPCA Stadium as he will push for ICC approval during the India-West Indies ODI scheduled to be held on October 17.
Infosys as working on becoming "independent of the visa issue" as much as possible and hire more locals
Indian cricket's one-time power centre Mumbai has lost its permanent voting status as per the new constitution of the Indian Cricket Board finalised by the Committee of Administrators (COA) appointed by the Supreme Court of India.
'She was either overconfident that nothing will happen to her or she underestimated the gravity of the allegations.'
Reliance Retail and Bharti Enterprises are understood to be in talks to buy India assets of the world's second largest retailer Carrefour that has decided to exit the country by closing its five stores.
The whistle-blower's letter to Sebi said future disclosures on any wrongdoing could potentially not be exposed if Infosys is let off the hook now.
Embroiled in a legal tussle with the BCCI, former IPL commissioner Lalit Modi has requested the Cricket Board to adjourn its Special General Meeting, where he could be handed a life ban, till the matter was sub-judice.
Summary of sports events and persons who made news on Monday
The average premium at $390 Main Japanese Port (MJP) was almost 47 per cent higher than 2013-14.
Raamdeo Agrawal, joint managing director at Motilal Oswal Financial Services, tells Sheetal Agarwal key trends in this earnings season and investment themes in Indian markets.
The Supreme Court will today (Friday) pronounce its order on the apex court-appointed Justice R.M. Lodha Committee's plea, seeking to replace the current Board of Control for Cricket in India (BCCI) brass for impeding the panel's work to usher in transparency and accountability in Indian cricket administration. The court decided to pass an order on the implementation of the Lodha Committee recommendations today after the BCCI counsel declined to give an unconditional undertaking by today that it will seek instructions to stop funds to state bodies and abide by the committee's recommendations.
The two-day meeting is scheduled in Singapore from December 7.
The long-serving team manager Biswal was appointed chairman of the IPL in the Cricket Board's AGM in Chennai on Sunday.
Summary of sports events and persons who made news on Saturday
Chief Executive Officer (CEO) Ravikant Chopra, Chief Financial Officer (CFO) PC Vaish, GM, Cricket Operations, Cricket Advisory Committee (CAC) members Yashpal Sharma and Sunil Valson also took the charge on Monday after taking back their resignations.
The government has formed a four-member panel of secretaries to suggest a new gas pricing mechanism.
Chaudhary conveyed the message to Shetty through an e-mail.
Jet Airways pilots have warned the management of agitation if the airline fails to offer a concrete plan on payment of arrears amounting to Rs 100 crore (Rs 1 billion) by August 20.
India's innately hierarchy-prone corporate culture produces its share of willing sycophants, says Kanika Datta.
Most Asian stock markets steadied on Wednesday.
