Save for Quinton de Kock, who has retired from Test cricket and will play for Lucknow Super Giants, there is no certainty on whether Proteas pace attack of Kagiso Rabada (Punjab Kings), Nortje (DC), Marco Jansen (Sunrisers Hyderabad), Lungi Ngidi (DC) will be available before the Test series against Bangladesh ends.
The Indian State's arbitrariness may have come to be accepted with resignation within the country, but when it behaves in the same manner with external players, it gets a push-back, observes T N Ninan.
Since 2016, Sebi has made many rules to prevent unauthorised trading by stockbrokers. Yet, one comes across dozens of cases of blatant overtrading in client accounts, every year, leading to massive losses to investors, observes Debashis Basu.
Will Ishan Kishan get Rs 15.25 crore for one year, or for three years? Do the players get their IPL payments, whether it is in full or in part, and what is the payment schedule? Harish Kotian/Rediff.com explains all you need to know about IPL player payments.
the SC said, "We want that adequate compensation be paid to the victims' family".
From small restaurants to mighty software companies, it is businesses, not the government, that create jobs. Yet, in a cruel irony, they have to fight extortive and brutal State power every step of the way, says Debashis Basu.
Embattled retailer Future Retail Ltd (FRL) on Tuesday moved the Supreme Court to avert insolvency proceedings over missing a loan repayment deadline, even as its independent directors rejected an Amazon-supported offer to sell the company businesses at less than a third of what Mukesh Ambani's Reliance is offering. India's second-largest retailer, which operates multi-brand retail chains such as Big Bazaar, Easyday and Heritage, failed to pay Rs 3,494.56 crore to lenders by the due date of December-end and sought a 30-day grace period to resolve the situation. Unable to find money, it moved the apex court seeking to restrain its lenders from declaring the company a defaulter, which can invite initiation of insolvency proceedings.
The BCCI, on the other hand, has been asked to pay 40 per cent of the administrative costs and expenses of the DRC. The judgement did not specify the exact amount that was claimed by the Indian Board.
Rajasthan Royals got a huge relief after their termination order from the Indian Premier League (IPL) was stayed for six weeks by Justice BN Srikrishna.
On February 19, India's largest private low-fare airline IndiGo announced the resignation of one of the two founders, Rakesh Gangwal, from the airline's board and his intentions of offloading his stake in the airline over the next five years. The announcement came on a Friday, giving the stock markets the weekend to absorb the news but the markets registered a tepid response on Monday's opening. In contrast, in July 2019, when the fight between the two founders and erstwhile friends first became public, the markets reacted savagely. The IndiGo scrip at the time fell 19 per cent, wiping out millions of rupees of shareholder wealth before bouncing back. For readers who may be hazy on the details of the dispute, here is the context.
The world is full of family businesses that withered away with the passing of generations, creating much bitterness and ill will. Entire clans that used to be household names have become pale shadows of their once-mighty empires.
Chadha got 120 votes, the highest in the Asia Pacific group
Italy in March had asked the PCA judges to order India to release its detained marine Girone, saying otherwise he risks four more years in India without any charges being made which would amount to 'grave violation of his human rights'.
Taking note of a plea by some fishermen seeking compensation, the Supreme Court on Thursday directed the Kerala high court not to disburse any amount from the Rs 2 crore earmarked for the owner of fishing boat St Antony in which two fishermen were killed by Italian marines in 2012.
Swiss court rejects Russia's appeal against Olympic doping ban. The Lausanne-based Court of Arbitration for Sport (CAS) said the sanctions, which also bar Russia from hosting or bidding for major sporting events during a two-year period, would come into force on Thursday and end on December 16, 2022.
Real estate developer Supertech on Friday was declared bankrupt by the National Company Law Tribunal (NCLT), a move that could have a bearing on 25,000 home buyers of the firm's ongoing projects in the Delhi and NCR region. Acting on a petition filed by the Union Bank of India for non-payment of around Rs 432 crore worth dues, the bankruptcy court ordered the initiation of insolvency proceedings against real estate firm Supertech Ltd, one of the companies of Supertech group. The NCLT said "there has been a default in payment of the financial debt" and appointed Hitesh Goyal as the Interim Resolution Professional (IRP) superseding the board of Supertech Ltd.
Italian Premier Matteo Renzi also expressed satisfaction with the Indian Supreme Court's decision.
The pandemic has brutally highlighted the inadequacy of India's administrative systems. And, the government has demonstrated its culpable inability to speed up vaccination in a timely manner, says Jaimini Bhagwati.
Cash-strapped telco Vodafone Idea's proposal for investment of up to Rs 15,000 crore through foreign direct investment (FDI) has been approved by the Union government, according to officials. A top-level group, comprising representatives from the ministries of home affairs, external affairs, finance and commerce and industry, took the decision. The nod, which is an enabling provision, would help the financially-stressed company raise funds to pay up some of its dues linked to adjusted gross revenue (AGR), reduce debts and use the money for operational expenses.
The court also asked the government to appraise it of the status of international arbitration proceedings to be undertaken in pursuance of directions of International Tribunal for the Law of the Sea in the matter on April 13, the next date of hearing.
The Board of Control for Cricket in India (BCCI) on Thursday moved the Bombay High Court against the arbitrator's stay to the termination of contract with Indian Premier League franchisee Rajasthan Royals by it.
Justice S J Vazaifdar dismissed an appeal filed by the BCCI challenging the stay granted by the arbitrator and permitted Rajasthan Royals to participate in the IPL-4 auction that is to be held on January 8 and 9.
The Board of Control for Cricket in India (BCCI) received another setback on Wednesday when the Bombay High Court granted Kings XI Punjab an injunction against their termination from the Indian Premier League.
The exchanges have also been asked to post all such orders since April 1, 2007, on their websites within 30 days.
PCB chairman Ehsan Mani said that the five-match series is scheduled to be held in UAE sometime in late March and early April and PCB was trying to persuade the Australians to play two games in Pakistan.
Valuers have found almost no assets to pay for their claims against the Videocon group that entered the insolvency process in 2018. But the dissenters suggest that the money is elsewhere, possibly in the group's oil and gas assets, which are not part of the group's bankruptcy case.
Other legal options include approaching the NCLT alleging mismanagement and oppression of minority shareholder
Future Retail's (FRL's) independent directors have written a second letter to the Competition Commission of India (CCI), stating American e-commerce major Amazon never intended to invest in Future Coupons (FCPL) and the representations made by the US e-commerce player were completely opposite and contradictory to their own internal correspondences as submitted before courts. The directors also wrote to CCI that Amazon has obtained approval by making deliberate misrepresentations. By actively misleading the CCI and the regulator, it has to revoke the approval granted for Amazon's investment in FCPL.
The World Anti Doping Agency has rejected the National Anti Doping Panel verdict on wrestler Narsingh Yadav after he was given a clean chit to compete in Rio Olympic Games, according to reports on Monday.
ICA is the world's leading institution for resolving international commercial and business disputes.
The Pakistan Cricket Board (PCB), on Thursday, formally initiated a legal battle against the Board of Control for Cricket in India by filing a compensation claim of $ 70 million before the ICC for not honouring a bilateral cricket series agreement.
IPL franchisee Rajasthan Royals has demanded Rs 120 crore from the Indian Cricket Board (BCCI) as damages for their suspension from the Twenty20 league.
The contract of Indian Premier League (IPL) franchise Sahara Pune Warriors has reportedly been terminated by the Board of Control for Cricket in India (BCCI) for their failure to pay a bank guarantee of Rs. 174 crores.
IndiGo has been facing a probe by Sebi ever since a public spat came to light between two founders of the airline, including over certain related party transactions involving one of the warring promoters.
The U.S. Anti-Doping Agency's review board have unanimously recommended charging seven-times Tour de France winner Lance Armstrong with using performance-enhancing drugs during his record-breaking career, USADA said on Friday.
The WADA decision is likely to determine whether Russian athletes, who can prove they are clean, will compete as neutrals or whether some will be invited by the IOC to compete in Tokyo.
The company said this was 'important' to reinforce the 'complete disassociation' from its erstwhile promoters -- Malvinder and Shivinder Singh.
The estranged Indian partner of McDonald's, Vikram Bakshi, on Thursday offered buying out the US food major's stake in their joint venture Connaught Plaza Restaurants.
PCB vowed to provide all possible legal help to Mohammad Yousuf after an Indian arbitration panel barred him from playing in IPL.
The Delhi high court had directed the BCCI to consider Jadeja for selection in Ranji Trophy matches.
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