This marks the second billion-dollar investment by Silver Lake in a Reliance subsidiary after the $1.35 billion investment in Jio Platforms.
It is time again to return to the shortest format of cricket as leading players, including India skipper Mahendra Singh Dhoni, get ready to represent their respective franchises in the sixth edition of the Champions League T20.
The ICC Cricketer of the Year in 2009, Gambhir went on to thank his family, friends and current Australia coach and former opener Justin Langer for helping him with his batting in 2015.
Robin Uthappa and Andre Russell struck belligerent fifties after veteran Brad Hogg's four-wicket haul to help Kolkata Knight Riders return to winning ways with a seven-wicket win over Chennai Super Kings in a thrilling Indian Premier League match in Kolkata, on Thursday.
A summary of Thursday's matches in the Vijay Hazare Trophy limited-overs' tournament.
Record equity divestment by the Reliance Group in its telecom and retail businesses garnering around $23 billion revved up the deal street in 2020, which otherwise would have gone down as one of the dullest on record, and dealmakers are seeing sunnier days in 2021 given the large scope for consolidation in a slew of sectors ravaged by the pandemic. With Jio Platforms alone garnering over $16 billion (Rs 1,18,318 crore) by selling 25.24 per cent stake and Reliance Retail notching up $6.4 billion (Rs 47,265 crore) by divesting around 9 per cent shareholding, the deal street signed off with $85 billion in the deal kitty across 1,270 transactions. This is higher by about 10 per cent over 2019. What is significant is that over a third of the total deal value came from Reliance transactions, say investment bankers.
KXIP are riding a roller-coaster ride, having to endure a controversy involving their captain Ravichandran Ashwin who 'Mankaded' Rajasthan Royals batsman Jos Buttler in their first match, an act which was legal but criticised by some as against the 'Spirit of Cricket'.
For the third year running after the ruckus he had created in 2012, Bollywood actor Shah Rukh Khan will not be allowed to witness the high-profile Indian Premier League contest between his side Kolkata Knight Riders and home team Mumbai Indians at the Wankhede Stadium in Mumbai on May 14.
He could be overtaken by Sunrisers Hyderabad Captain Kane Williamson (760) or Kolkata Knight Riders all-rounder Sunil Narine (703) or even the intrepid Ambati Rayadu (675) of the Chennai Super Kings.
India's former mental conditioning coach Paddy Upton revealed how Gautam Gambhir, despite being one of the finest Indian batsmen of his time, was perhaps also 'one of the weakest and mentally most insecured'.
The West Indies Cricket Board (WICB) has withdrawn Sunil Narine from the upcoming tour of India after the spinner was banned from bowling in the Champions League Twenty20 final for an illegal bowling action.
Ambani said Reliance raised Rs 1.15 lakh crore from global tech investors by selling a little less than a quarter of the firm's digital arm, Jio Platforms Ltd, and another Rs 53,124.20 crore through a rights issue.
In David Warner, who is back as captain for this season, the franchise has an inspirational leader and a superb batsman, who would like to lead from the front.
Axis Bank was the top laggard in the Sensex pack, plunging more than 5 per cent, followed by HDFC, Bajaj Finance, ICICI Bank, Tata Steel, Bajaj Auto, HDFC Bank and IndusInd Bank. On the other hand, M&M, Infosys, Asian Paints, UltraTech Cement and Tech Mahindra were among the gainers.
A new CBDT directive actively makes India-dedicated funds comparatively unattractive for institutional investors. It makes no sense, says Akash Prakash.
Winning is all what matters to Kolkata Knight Riders captain Gautam Gambhir as he intends to be "mean winner than a polite loser" when the reigning IPL champions take part in the upcoming Oppo Champions League Twenty20.
Private equity players said their research had shown that the PE share after COVID-19 could go up to 8-10 per cent.
India's leading off-spinner Ravichandran Ashwin can use the IPL as a platform to revive his dwindling career in limited overs cricket, feels veteran batsman Subramaniam Badrinath.
Anushka and Virat always make hearts melt with their PDA.
Kishore Biyani led-Future Group has filed a caveat before the Delhi high court requesting it to be heard if any plea is filed by e-commerce major Amazon over its Rs 24,713 crore deal with Mukesh Ambani-led RIL. Anticipating a move by Amazon, which had got an interim arbitration award in its favour, putting the announced deal on hold, the Future Group firm has moved the Delhi high court.
Mumbai Indians had roared back to form after thrashing RCB by five-wickets in the last game, there are problems aplenty for DC.
Would only comment on Yadav after talking to BCCI: Mysore
Chennai Super Kings pacer Deepak Chahar has agreed with his captain Mahendra Singh Dhoni that the team needs a better pitch at home despite winning all their games, in Chennai, so far.
Srinivas Bhogle and Purnendu Maji analyse IPL performances in Rediff.com's Most Valuable Players ratings.
To invest $1 bn in realty sector, mulls new funds; has done exits worth Rs 8,000 crore, says founder
A look at the top 10 purchases at the IPL auction.
Amazon has shot off yet another letter to market regulator Sebi, accusing Future Retail of insider trading and called for an investigation as the US online retailer looks to ratchet up pressure against the Future-RIL deal. Future Group, however, vehemently denied the charges, saying these allegations were "Amazon's ill-motivated attempts to throw everything at the situation to stultify the transaction."
Srinivas Bhogle and Purnendu Maji present Rediff.com's Most Valuable Player standings after the 30th game in IPL 10.
This edition of the league will bear special significance with the mega ODI World Cup starting only two and half weeks after the final on May 12. In 2011 and 2015, the World Cup was held before the IPL and this is the first time that it will be held post the tournament.
The actor has been asked to be present before the adjudicating authority of the case here on August 23, they said.
Though Google's investment is minuscule and will not move the needle, it will attract other investors to the company and be a morale booster. Pursuing Vodafone Idea would potentially pit Google against Facebook and an increasingly dominant Jio.
India batsman Ajinkya Rahane thanked former captain Rahul Dravid for the encomiums showered on him, but insisted he cannot be compared to 'The Wall'.
Hetmyer smacked three sixes and eight fours in his entertaining knock, helping his side chase down a modest target of 128.
When the third round of bids was opened, Oaktree's offer was the highest, but with several riders. While Piramal offered higher upfront cash and offered to merge its financial business with DHFL, Adani was ranked third in the race, reports Dev Chatterjee.
England had crashed out in the group stage of the 2015 World Cup and Eoin Morgan said it was an amazing journey that the team went through from that embarrassing defeat to reaching the pinnacle of world cricket after four years. England were adjudged the winners of the 50-over World Cup last year on the basis of their superior boundary count after the epic final against New Zealand, and also the ensuing Super Over, ended in a tie at the Lord's in London.
Gautam Gambhir stepped down as Indian Premier League franchise Delhi Daredevils captain.
Let's looks at 10 former India players, who missed the IPL but had they been active today, they could have forced the Ambanis and the Shah Rukh Khans to loosen their purse strings a tad more.
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