Five companies have submitted resolution plans for Jaiprakash Associates Ltd (JAL), the flagship company of the beleaguered Jaypee group, the company has said in a stock exchange filing. The Adani group, Vedanta, Jindal Steel & Power, Dalmia Bharat, and PSP Projects are the final bidders and the offers range from Rs 10,000 crore to Rs 11,000 crore, said a source close to the development.
SC-appointed Justice Rao recommends striking balance between AIFF autonomy and bidders' interests
The development comes as the AIFF looks to redefine its commercial framework for the ISL, India's top-tier football competition, after the conclusion of its previous agreement cycle.
India's 2036 Oly dream: IOC pauses bidding process to figure out 'appropriate' time to elect host
This is the first time since the league was launched in 2016 that the board will be directly running a franchise, raising questions over this move which could endanger the reputation of the PSL as a brand.
Reigning Indian Super League champions Mohun Bagan Super Giant on Saturday suspended all their football activities indefinitely a day after the AIFF failed to receive a single bid for ISL's commercial rights, and said they will review contracts of players and support staff next month.
Former India defender Ilyas Pasha dead, AIFF, East Bengal condole
If all goes well, the new season of ISL may start in the first week of February.
Newly-elected International Olympic Committee president Kristy Coventry was expectedly guarded on India's bid to stage the 2036 Olympic Games.
Bengaluru FC owner Parth Jindal on Wednesday called on the players to "make sacrifices" in view of the financial burden the club will shoulder to participate in the delayed Indian Super League.
'Failure to meet this schedule will leave us with no alternative but to refer the matter to the relevant FIFA decision-making body for consideration and decision... including the possibility of suspension.'
Funeral prayers were held for Bangladesh's former prime minister Khaleda Zia amid tight security. Millions joined the namaz-e-janaza of Zia, a three-time Prime Minister and political icon of Bangladesh.
Shrugging off concerns over the depreciation of rupee, the RBI has cut interest rate by 25 basis points to 5.25 per cent in a bid to further bolster economic growth, which rose to a six-quarter high of 8.2 per cent in the second quarter of the current financial year.
Shrugging off concerns over the depreciation of rupee, the RBI has cut interest rate by 25 basis points to 5.25 per cent in a bid to further bolster economic growth, which rose to a six-quarter high of 8.2 per cent in the second quarter of the current financial year.
It was a mere formality for the general assembly of 74 members to put a seal of approval on India's bid after Ahmedabad was recommended as the proposed host of the centenary edition by the Commonwealth Sport's Executive Board last month. India last hosted the CWG in 2010 in Delhi.
All board members and staff of the Securities and Exchange Board of India (Sebi) will be required to declare their assets, liabilities, trading activities, and relevant relationships at multiple stages - at the time of appointment, annually, upon key events, and at exit. This is part of a series of recommendations by a high-level committee constituted by the markets regulator in a bid to overhaul conflict-of-interest and disclosure rules.
The Bangladesh Cricket Board (BCB) has been instructed by its sports ministry to seek shifting of the country's T20 World Cup league games from India to Sri Lanka as there are "concerns about players' safety".
India's distressed football players issued a joint statement on Tuesday pleading with the administrators to get the currently paused Indian Super League (ISL) season underway.
Ahmedabad has been finalised to organise the 2030 Commonwealth Games should India win the bid.
They weren't up for a windfall even after the trophy but life was certain to get a lot better as some sponsors and state governments stepped up to lift them financially.
Edwin Moses questions India's intent to bid for 2030 CWG.
India is bidding to become an Olympic host in 2036 and the International Olympic Committee has made it clear that the country will have to considerably improve its current doping record.
The All India Football Federation (AIFF) issued a statement clarifying that Lionel Messi's event in Kolkata was a private event organised by a PR agency and the federation was not involved in the "planning or execution" of the event at Salt Lake Stadium on Saturday.
India's 2030 Commonwealth Games bid is set to be formally approved on Wednesday at the Commonwealth Sport's general assembly in Glasgow.
India is not the lone bidder for the 2030 Commonwealth Games and will face competition from Nigeria to get the hosting rights of the multi-sporting event as the African nation has also submitted its formal bid before the August 31 deadline.
Countries like Qatar, and Saudi Arabia are also in the running for the 2036 Games hosting rights and it would take a significant effort from India to upstage their bids.
Sebastian Coe, a contender for the International Olympic Committee (IOC) president's post, believes India's bid to host the 2036 Olympic Games is a "strong case" but acknowledges that the competition will be intense with several other countries vying for the honor. Coe, considered a frontrunner in the race to succeed Thomas Bach as IOC president, expressed his support for India's commitment to global sport and the Olympic movement.
IOC eyes 'right media partner' in India as cricket returns to Olympics in 2028
CERC, which has a key role in India's power sector, has also set up a committee to gather further evidence in the matter and take suitable action.
Majority of state units favour dual posts, AIFF calls SGM on Nov 24 to vote on matter
'...we say that sport is this great phenomenon that is so wonderful and it's healthy and it's good for us all. Let's make sure that it doesn't bring suffering or disadvantage to anybody because of a major event that's come.'
The 2030 edition carries historic significance, marking 100 years of the Commonwealth Sport Movement, and India's bid positions Ahmedabad as the host city for this centenary edition, the Gujarat government said in a statement.
Indian delegation meets IOC officials for dialogue on hosting future Olympics
A section of BLOs in West Bengal protested excessive workload during the SIR process, leading to clashes with BJP supporters outside the CEO's office. The protest highlights concerns over the enumeration exercise and accusations of political interference.
ISL, I-League clubs to meet Sports Minister after talks with AIFF chief Chaubey fail to end deadlock
The government plans to establish a fully indigenous manufacturing ecosystem with an annual production capacity of up to 6,000 tonnes. The scheme is expected to run for seven years, according to official documents.
Pakistan and China have submitted a joint bid at the UN Security Council to designate the Balochistan Liberation Army (BLA) and its suicide wing - Majeed Brigade - as a terrorist entity under the Council's 1267 Al Qaeda Sanctions Committee.
The iconic Jawahar Lal Nehru Stadium in New Delhi will be "dismantled" to create a Sports City that will cater to all major disciplines and include lodging facility for athletes.
The All-India Football Federation has formed a three-member committee, headed by former judge Justice L Nageswara Rao, to oversee the entire tender process for selecting its new commercial partner, as per a directive from the Supreme Court.
The Rajya Sabha secretariat has verified the signatures of 44 of the 55 MPs who had signed a notice to bring a motion for the removal of Allahabad high court Judge Shekhar Yadav over his 'hate speech' even as Kapil Sibal and nine others were yet to verify their signatures.
