Within weeks of announcing his exit as executive chairman of the global software-as-a-service (SaaS) company Freshworks, its founder Girish Mathrubootham appears to be on an investment spree.
Tata Group-owned Titan, which has agreed to purchase founder Mithun Sacheti's stake in CaratLane for Rs 4,621 crore, is planning to buy employee stock options (Esops) of the jewellery retailer's employees for around Rs 350 crore. This will take Titan's ownership in the company to 100 per cent. CaratLane reportedly has around 1,500 employees, most of whom do not own shares in the company.
The 49-year-old Italian has been with the Indian team since 2017. He was confined to the IG Stadium in the national capital for the past two months owing to the national lockdown to contain the spread of the COVID-19 pandemic.
'It is an extraordinary situation no doubt but we are all hoping for this to be brought under control by June', says BFI confident of COVID-19 storm passing.
Boxers reached Amman from Assisi on February 27 and were found all clear after undergoing the mandatory screening for symptoms. Jordan has so far recorded only one positive case.
The Games begin in Jakarta and Palembang in less than 10 days but the Indian contingent is yet to be known officially.
He pointed out that the BFI was mandated by the Delhi High Court to conduct elections for its office-bearers before December 31 to continue as a national sports federation and to enjoy grants and other privileges extended to it by the government.
Asian Games gold-winning boxer Dingko Singh will be brought to Delhi on April 25 by the Boxing Federation of India (BFI) to resume his treatment for liver cancer after he was forced to miss a scheduled radiation therapy session due to the coronavirus-forced lockdown. The 41-year-old, who is currently in Imphal, was due to undergo radiation therapy a fortnight back but could not come to Delhi because of the lockdown.
Tainted Commonwealth Games official, Rajkumar Sacheti has been appointed as 'advisor' for this year's Lusofonia Games by the Goa government, leading to the resignation of the Organising Committee chairman.
In a conference call with these boxers on Sunday, Boxing Federation of India (BFI) President Ajay Singh took stock of their preparations amid a national lockdown till April 14 to fight the pandemic.
Flipkart's Sachin and Binny Bansal may have become the poster boys of the Indian e-commerce industry, but there are a host of others who are emerging from the shadows.
Widening its probe, the Central Vigilance Commission (CVC) is looking into at least 22 more Commonwealth Games-related construction and procurement works carried out by different government agencies here for alleged financial irregularities.
All of the boxers have been training at their respective homes ever since the nationals camps came to a halt in mid-March owing to the virus outbreak
Asian Games gold-winning former boxer Dingko Singh has recovered from COVID-19, testing negative for the deadly virus on Friday over a month after the cancer-stricken legend was hospitalised in Imphal. Back at his home, but in isolation for the next fortnight, Singh spoke about the ordeal he endured, including five positive tests since his hospitalisation in the last week of May.
For the Dronacharya awards, the BFI has finalised the names of national women's coach Mohammed Ali Qamar and assistant coach Chhote Lal Yadav.
In its 19-page Standard Operating Procedure for resumption of training as well as competitions, the Boxing Federation of India has mandated health protocols similar to what the Sports Authority of India has suggested.
Boxer Vikas Krishan prefers US Pro bouts to National camp in Patiala
Discounts and incentives are attractions jewelleres are offering along with new designs to woo customers to boost sales ahead of Diwali.
The money-spinning Indian Premier League has mulled a closed-door edition in a desperate bid to avoid cancellation as the deadly COVID-19 sent Indian sports into quarantine after a government directive for fans to be kept away from all action to prevent the pandemic from spreading.
Nationalist Congress Party on Thursday said it would support Maharashtra Chief Minister Prithviraj Chavan if he was planning to reconsider his decision to reject the report of the commission which probed Adarsh Society scam.
The excitement around e-commerce is real but the valuations may be a bubble
Deputy Chef de Mission Balbir Singh Kushwaha said that facilities at the Games Village were good.
India is sending a 800-plus contingent, including 572 athletes, to the Asian Games, to be held from August 18 to September 2 in the Indonesian cities of Jakarta and Palembang.
Sports Ministry has cleared a 804-member Indian contingent, including 572 athletes, for the Asian Games but said it will bear the expense of 755 members with 49 out of 232 officials allowed at no cost to government.
The third edition of the Lusofonia Games in Goa, scheduled to begin in November 2, is in danger of being called off due to the state government's failure to complete projects related to the event on time.
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