BCCI president Sourav Ganguly, who also holds the post of director at ATK Mohun Bagan, has decided to step down from the position in the Indian Super League franchise to avoid any potential conflict of interest.
Four franchises were involved in a bidding war with MI Cape Town making the initial move followed by Paarl Royals. However, towards the end it was Johannesburg Super Kings and Sunrisers Eastern Cape, who fought tooth and nail before the latter made a winning bid of R 9.2 million.
Apparel exports to Japan are expected to grow by 20-25 per cent year on year from the current $220 million on account of rising opportunities for domestic exports, AEPC said on Saturday. Apparel Export Promotion Council (AEPC) said that rising opportunities due to changing geopolitical landscape, government supports like production linked incentive, mega park scheme, improving the quality standard, getting sustainable and utilising benefits of free trade agreements with major markets are the key growth drivers. To promote exports to Japan, the council is organising a two-day show in Gurugram.
Mrs and Mrs Malhotra attended their first post-shaadi event, the News18 Showsha Reel Awards.
Former India opener Gautam Gambhir was on Saturday appointed mentor of the new Lucknow franchise for IPL 2022.
When Vineet Mittal first got into solar power, sometime around 2009, and was planting solar panels in Gujarat, renewable energy looked like a sector ripe for startups. Renewables were clearly the future of energy, and the big boys - Mukesh Ambani's Reliance, Adani Group, and the Tatas - were focusing much more on coal and petroleum. Little did Mittal know that things were going to change drastically.
There are plenty of shootouts and a fair amount of sex over the nine brisk episodes though the dialogue is thankfully free of profanity, observes Deepa Gahlot.
At its meeting held on Friday, the company's board rejected the minority shareholders' demand and termed the requisition as "invalid and illegal". "In its meeting held on 1st October 2021, the board has arrived at a conclusion that the requisition is invalid and illegal; and has accordingly conveyed its inability to convene the Extraordinary General Meeting to Invesco Developing Markets Funds and OFI Global China Fund, LLC," ZEEL said in a statement.
The franchise owners had launched a consumer engagement campaign on social media on January 3 to decide the name of the new IPL side.
The Indian rupee is expected to trade between 80 and 84 against dollar in the first three months of 2023 with support from overseas inflows though worsening current account deficit (CAD) and reduced interest rate differential between the US and India pose challenges. According to a Business Standard Poll of 10 participants, most said the rupee could gain strength in January due to foreign inflows, and the Reserve Bank of India (RBI) is not expected to allow the currency to depreciate ahead of the Union Budget scheduled on February 1. The rupee depreciated 10.15 per cent in 2022, its worst performance since 2013 as the war in Europe and the interest rate increase by the US Federal Reserve prompted investors to flee emerging markets.
Lolo never fails to get it spot on with her bridal avatars.
Zee Entertainment Enterprises Ltd on Wednesday approached the National Company Law Appellate Tribunal (NCLAT) against the requisition of minority shareholders Invesco and OFI Global China Fund to convene an Extraordinary General Meeting (EGM) to discuss various issues, including removal of managing director Punit Goenka. The media major has challenged the orders of Mumbai-bench of the National Company Law Tribunal, which had on Tuesday directed Zee Entertainment Enterprises Ltd (ZEEL) to filed reply over the petition filed by its minority shareholders by October 7 (Thursday), the next date of hearing. Confirming the development, a ZEEL Spokesperson said: "The company has moved NCLAT in accordance with the due process available under the law."
According to Outlook, Adani Group and the RP-Sanjeev Goenka Groups are no more the favourites to bag the new teams.
How the IPL teams have shaped up after the auction.
The Shettys, who had hoped to see Rahul rock and roll, must have been disappointed to see him bowled by Trent Boult for a golden duck.
Also present: Ravi Shastri and Harbhajan Singh.
Stars dazzled on the red carpet at the Filmfare OTT awards.
Invesco, the single largest shareholder of Zee Entertainment Enterprises Ltd (ZEEL), on Wednesday said it had tried to facilitate a possible deal between Reliance and the company but refuted claims it had pushed for the transaction at a lower valuation. The latest statement from Invesco comes a day after ZEEL chief Punit Goenka told the company's board that Invesco had come with a proposal in February for a merger with certain entities owned by a large Indian group (Strategic Group) with inflated valuation "by at least Rs 10,000 crore". In a statement on Wednesday, Invesco mentioned that Reliance was the large Indian group.
The Bombay high court on Tuesday granted an interim injunction against Zee Entertainment Enterprise Ltd's (ZEEL) largest shareholder Invesco, restraining the latter from going ahead with the requisition of an extraordinary general meeting (EGM) seeking removal of the ZEEL MD and CEO Punit Goenka. A single bench presided over by Justice Gautam Patel said, "I have granted an injunction to the respondents." A detailed order of the court is awaited.
Left-arm pacer Mohsin Khan avoided a possible amputation of his bowling hand after approaching the doctor just in time.
What goes in favour of Asur 2 is its pace and novelty, even though the approach has all the hokiness of a comic book, observes Deepa Gahlot.
The 6-metre tall launch vehicle Vikram-S is named after Vikram Sarabhai, the father of the country's space programme and lifted off at 11.30 am.
Mahindra & Mahindra chairman emeritus Keshub Mahindra passed away this morning in Mumbai due to old age. Mahindra, 99, breathed his last this morning at home peacefully, said a person close to the family. After joining the company in 1947, he became the chairman in 1963.
Industry leaders, including Mahindra Group chairman Anand Mahindra, RPG Enterprises chairman Harsh Goenka and Biocon Ltd chairperson Kiran Mazumdar-Shaw on Monday came out in support of the Agnipath scheme, saying it has large potential for employment of youth in the corporate sector. Mahindra also expressed dismay over the violence against the scheme while asserting that the farm equipment to aerospace conglomerate welcomes the opportunity to recruit trained, capable and young people under the programme. The Agnipath scheme, announced on June 14, provides for the recruitment of youths between the age bracket of 17-and-half years to 21 for only four years with a provision to retain 25 per cent of them for 15 more years.
Akash Madhwal bowled a dream spell as his five-wicket haul took five-time champions Mumbai Indians one step closer to summit clash after thrashing Lucknow Super Giants by 81 runs in IPL Eliminator match.
The rover will carry out in-situ chemical analysis of the lunar surface during the course of its mobility.
Deepa Gahlot lists some interesting made-for-OTT hostage dramas that you can watch.
Skyroot Aerospace has become the first private company in India to give wings to the Indian space programme, after the sector was opened to private players by the Centre in 2020.
The numerous integration measures have led to savings in areas including supply chain, technology, inventory management, and marketing.
LSG do not have to fret so much about the mathematical scenarios as a win would be enough for them to seal their back-to-back playoff berth.
The country's exports for the first time crossed the $400 billion mark in a fiscal on healthy performance by sectors such as petroleum products, engineering, gems and jewellery, and chemicals, according to the commerce ministry's data released on Wednesday. The merchandise exports rose by by 37 per cent to $400.8 billion in 2021-22 until March 21 against $292 billion in 2020-21. Previously, the outbound shipments had touched a record of $330.07 billion in 2018-19.
India's first escalator, its shortest elevator, a terror attack, a rescue operation -- the building's seen a lot.
The merged club will come into existence in June and compete in the ISL 2020-21. The two sides will, however, play separately in the current I-League and ISL seasons.
A 5% increase is expected due to additional interest on approval costs.
Leading media firms Zee Entertainment and Sony Pictures on Wednesday said they have received in-principle approval for a merger that will combine both companies' linear networks, digital assets, production operations and programme libraries.
In an open letter to Zee's shareholders, Invesco, which holds a 7.74 per cent stake in the firm, reiterated its demand for an overhaul of the media group's board and that it would pursue extraordinary general meeting (EGM) to oust chief executive Punit Goenka and two other directors. Last month, Sony Group Corp's India unit signed a non-binding offer to buy Zee.
In years past, we often approached the Budget expecting to see changes in direct and indirect taxes. Those days are behind us. The Budget of today seeks to expand the economy and keep it at the forefront of technology, observes Harsh Goenka.
Glimpses of the players and coaches mingling after the Gujarat Titans-Lucknow Super Giants game at the Wankhede stadium on March 28, 2022.
Rediff readers tell us how they are celebrating Ganeshotsav this year.
