Persistent efforts by the Board of Control for Cricket in India and its full members to block implementation of some crucial recommendations of the Justice Rajendra Mal Lodha committee on Wednesday provoked the Supreme Court to observe that public functions relating to cricket can be taken over by the government with the enactment of a law in Parliament.
Justice Sengupta 'released' the matter before the start of the hearing on Monday, citing 'compelling circumstances' without giving further details.\n\n
The Mumbai Metropolitan Region Development Authority on Tuesday received huge response for its Iconic Tower in Wadala (a Mumbai suburb) with Lodha Crown Buildmart Pvt Ltd quoting more than double the reserve price of Rs 40,000 per sq mt.
Mumbai's property markets, where prices earlier crossed Rs 1 lakh per sq. ft in South Mumbai, are seeing a 20-25 per cent markdown from last year's levels.
Former BCCI secretary Sanjay Jagdale, current IPL Governing Council member Ajay Shirke and Prof R S Shetty, the Board's General Manager (Game Development), deposed before the Supreme Court-appointed Justice Lodha Committee.
'I clearly recall how you immediately directed your administration to identify and allocate land, water, and other clearances in the shortest time possible.' 'That was the fastest decision-making process I have ever witnessed.'
A miffed Anurag Thakur, who was sacked as BCCI president for obstructing Lodha panel reforms on Monday, took a subtle dig at the Supreme Court's order to axe Thakur and BCCI Secretary Ajay Shirke, after the board failed to comply with a July 18, 2015 verdict making the Lodha recommendations mandatory.
'Some of the associations have not got funds for three years and they don't have reserves while others have done infrastructural work by digging into fixed deposits. Now they are supposed to get at least 105 crores (Rs 35 Cr x 3 years) plus interest. But I don't think anyone will get that kind of money at one go'
The Ethics Officer has ruled that the former India players have to choose between CAC, IPL jobs
If the Board of Control for Cricket in India (BCCI) decides to follow the recommendations on reforms suggested by the Justice RM Lodha committee, one could soon find stadiums in Pune, Nagpur, and Rajkot hosting Indian hockey team's 'Test' matches or tennis team's Davis Cup games.
Prime property rates in South Mumbai at Rs 60,000 a sq ft remain high despite a slowing realty market.
The Board of Control for Cricket in India informed the Supreme Court on Tuesday that 12 of its member associations have kept the funds received by the cricket body in term deposit and they will not utilise them until further orders of the apex court.
'The Sports Ministry is not between Supreme Court, BCCI and Anurag Thakur. Directly Sports Ministry has nothing to do either with Lodha Committee or BCCI and with their decisions'
Largest deal in thermal power space; Lanco to use proceeds to lower debt.
"God help this country", the Supreme Court observed on Monday, as it chided the government on the issue of providing accommodation in the national capital to members of tribunals. The court also put a poser as to whether the retired judges -- who are members of such tribunals -- are expected to "roam" on the streets of Delhi.
One of the key recommendations of the Lodha committee was to form a players' union and subsequently a steering committee was formed to facilitate the process.
Call it an expectation of revival in the real estate market or improving liquidity, bulge bracket property deals have made a comeback in the country's commercial capital.
147 domestic and international recruiters -- including Ola, Amazon, Flipkart and Xiaomi -- hired all 460 graduates.
BCCI president and former India captain Sourav Ganguly Saturday suffered a "mild" heart attack and had to undergo a quick "primary angioplasty" to clear a blocked coronary artery, a doctor said.
The total wealth of top 100 real estate barons accounted for Rs 2.37 trillion ($32.7 billion) in 2018, up 27 per cent against 2017's cumulative wealth of Rs 1.87 trillion ($28.6 billion).
The Board of Control for Cricket in India could suffer a financial loss to the tune of Rs 1600 crore if the Justice Lodha panel's recommendations on curtailing advertisement breaks during the matches is implemented.
Chaudhary conveyed the message to Shetty through an e-mail.
It has been learnt that Rathour and Kanitkar are among the four applicants for the NCA coach's job.
Difference due to pricing; up by a third in Mumbai since Jan, almost stationary in Delhi.
The Podar Mill, which went under the hammer today, is expected to get higher bids in the remaining two days of the e-auction.
A historian, a retired auditor and a financial executive were among four people named by India's highest court on Monday to run the country's cricket board (BCCI).
Shapoorji, Kalpataru, Godrej pursuing Rs 60,000 crore opportunity in the region
International Cricket Council chairman Shashank Manohar on Wednesday said that he is following the developments in the Board of Control for Cricket in India and that a 'strong BCCI' based on solid governance foundations is good for the game.
'Whatever the reforms the Supreme Court has approved for BCCI, it won't be possible to implement it all.'
Real estate developers are banking high on ultra-luxury projects.
Fresher hiring is expected to more than double compared to last year.
With the Supreme Court making it clear that a cumulative period of 18 years as per the July 18 verdict stands, the two executive functionaries - joint secretary Amitabh Chaudhary and treasurer Aniruddh Chaudhary are expected to resume office.
The record voter turnout in Rajasthan has forced politicians and psephologists to junk their pre-poll calculations. Now, all eyes are on the December 8 counting, says P B Chandra
The court further said the Principal Secretary would be held liable if the High Court order is not properly implemented by the Commissioner.
Indian investors have been acquiring large lots mainly for residential conversions.
Chennai Super Kings and Rajasthan Royals were suspended from the Indian Premier League for two years for betting activities of their key officials, Gurunath Meiyappan and Raj Kundra, during the 2013 season of cash-rich Twenty20 cricket tournament.
The government ban on external commercial borrowing, or ECBs, for integrated townships has shut off a staggering $12 billion that was to be raised for integrated townships, reports CNBC-TV18.
Earlier this month, ECB managing director Ashley Giles had said that cricketers will be provided "mental health screening" before they commit to any further tours.
According to property experts, this is the biggest plan by any developer at the moment.
