If the Supreme Court makes Justice RM Lodha committee's recommendations on BCCI reforms final and binding, the parent cricket body might have to alter the date of the ninth edition of Indian Premier League, scheduled to start on April 9, this year.
Maharashtra Governor Ramesh Bais and Chief Minister Eknath Shinde on Sunday paid floral tributes to the martyrs who laid down their lives while fighting terrorists who attacked the metropolis on this day 15 years ago.
The S&P BSE Midcap and the S&P BSE Smallcap indices have managed to stay afloat in a volatile January that saw the frontline indices hit their respective 52-week high levels and then slip. While the S&P BSE Sensex has lost over 2 per cent thus far in January, the S&P BSE Midcap and the S&P BSE Smallcap indices have gained nearly 2.5 per cent and 4 per cent, respectively during this period.
'One state-one vote may not be a good idea in this country. There are Railways, Services, universities, Maharashtra, Baroda. Their arguments have impressed upon us to some extent. We may consider the issue in future debates'
Seventeen of the 25 ministers in the Ashok Gehlot-led Congress government in Rajasthan, including Govind Ram Meghwal, who also led the party's campaign committee, lost in the assembly elections.
The Supreme Court appointed Lodha Committee has told the Indian Cricket Board (BCCI) that the "proposed MoU" between England and Wales Cricket Board (ECB) and the BCCI "is not a part of the mandate" and no directions can be issued on payments unless details are furnished.
Spelling out practical problems it has encountered in implementing the Justice Lodha committee's reforms in the Board of Control for Cricket in India and its affiliates in totality, Mumbai Cricket Association said it already has in place measures that, by and large, jell well with the reform process.
The BCCI top brass will be facing charges of 'Contempt of Court' if they decide not to appear in front of the Supreme Court-appointed Lodha Panel to discuss the implementation of the Apex Court's verdict within next six months. BCCI's legal advisor Justice Markandey Katju has termed the panel as "null and void" asking BCCI not to appear before them on August 9 -- the scheduled date of meeting.
IPL chairman Rajeev Shukla on Saturday said that the scheduling of the league has not been related to Lodha Pnael recommendations about having a 15-day gap between start of the cash-rich league and India's national calender. The IPL is scheduled to begin on April 9 this year but if India play the final of the World T20 on April 3, it will be a straightaway violation in case the recommendations are implemented in toto. "IPL scheduling has nothing to do with Lodha recommendations. We are going ahead with our schedule and everything," Shukla told reporters during the IPL auctions.
'The members do not agree to implement three-four recommendations as they are not practical'
The interim Budget proposals that will be presented on February 1 in the backdrop of the general elections scheduled in April/May 2024 are likely to have a hint of populism, believe analysts, but are unlikely to derail the government from its path of fiscal prudence.
The project, titled New Cuffe Parade, will come up at Wadala and is spread across 23 acres over the next five to seven years.
The real estate developer may have deferred its IPO and realty may be in the dumps, but that hasn't stopped it from making acquisitions worth Rs 12,000 crore.
BCCI president Anurag Thakur has written a letter to the Supreme Court appointed Justice RM Lodha panel, intimating them that he is ready to meet the members any day after November 9. A reliable BCCI source confirmed the development. "Yes, the president has informed the Panel that he is ready to meet post Wednesday. In his affidavit also, he had already apologised that he could not appear before the committee as the Monsoon session of Parliament was on at that point of time," a BCCI official in know of things told PTI on Sunday.
The Supreme Court has urged the Board of Control for Cricket in India to follow the recommendations of the Justice R M Lodha Committee and "save trouble".
The Board of Control for Cricket in India president Anurag Thakur and secretary Ajay Shirke will be meeting members of the Supreme Court-appointed Justice R M Lodha panel in the capital on August 9 after being compelled to bring in the reforms due to a clear directive from the apex court.
Justice Rajendra Mal Lodha explained what forced the Supreme Court to sack both BCCI president Anurag Thakur and secretary Ajay Shirke and the way forward for Indian cricket.
Following the Supreme Court on Friday, the Board of Control of Cricket in India secretary Ajay Shirke has written a letter to Justice Lodha Panel asking for clarification in the issues related to broadcast rights for the Indian Premier League. The invitation to tenders (ITTs) are slated to be opened on Tuesday (October 25).
With the Birlas yet to file their objections to their auditor Rajendra S Lodha's claim over M P Birla group, a late claimant to the Rs 5000 crore (Rs 50 billion) pie decided to adopt a wait and watch policy for the time being.
The company will develop residential and commercial real estate on the 17-acre land in the plush area, which it bought from DLF last year.
The committee's mandate is to "identify the few critical points in respect of the said judgement for the General Body of the BCCI to consider before its submission to the Hon'ble Supreme Court".
In an escalation of their confrontation, the ICC on Monday disclosed that it has refused to bail out the BCCI in its tussle with the Supreme Court-appointed Lodha Committee over implementing the reforms. ICC Chief Executive Dave Richardson said the BCCI had sought a letter from the world body, stating that it will disaffiliate the Indian Board if there is governmental interference as a shield against the implementation of Lodha Committee reforms.
Godrej Properties, part of the Godrej group, may float an initial public offer of about Rs 500 crore (Rs 5 billion) in the next three months, said a banker close to the development. The company plans to sell 9.4 million equity shares in the IPO, which will constitute 13.5 per cent paid up capital of the company, the draft red herring prospectus filed by it showed. The company also plans a pre-IPO placement of 2.4 million shares with investors, the company said.
It is learnt that all 37 affiliated units have communicated with the BCCI with 24 submissions taking place while 13 others have given in writing that they have started the process.
Sadly, the Lodha panel verdict on the IPL spot-fixing scandal of 2013 can't guarantee such incidents won't happen in the future, says Bikash Mohapatra/Rediff.com.
Nationalist Congress Party leader Ajit Pawar was given the finance and planning portfolio on Friday, nearly two weeks after he broke away from the original party and took oath as Maharashtra's deputy chief minister.
Consultants say at Rs 1,442 a sq ft, the developer has got a good bargain.
Lodha Developers on Thursday said it has completed the acquisition of 17-acre prime land in Mumbai from realty major DLF for Rs 2,725 crore (Rs 27.25 billion) -- the largest realty deal so far this year.
Co-lending deals between non-banking financial companies (NBFCs) and banks are likely to rise after the Reserve Bank of India's (RBI's) decision to increase the risk weight on consumer credit, industry leaders and experts say. Smaller NBFCs, they add, may increasingly opt for co-lending as capital markets could become costlier for them. "Smaller NBFCs will be more comfortable with co-lending because they are geography-specific in terms of industry or customers.
'Vinod Rai has been complete failure in implementing Lodha reforms'
In an explicable move, two joint secretaries of Delhi & Districts Cricket Association (DDCA) have a written a letter to BCCI president Anurag Thakur seeking "expulsion of seven directors" including former Test opener Chetan Chauhan for supporting Lodha Panel reforms.
The "interfaith marriage-family coordination committee (state level)" will be headed by Maharashtra's women and child development minister Mangal Prabhat Lodha, said a government resolution.
These Bollywood beauties who show you how to rock the colour of 2024.
India's cement demand has consistently shown double-digit growth over the past few quarters, primarily driven by infrastructure spending. However, dealers and industry executives note that state elections, festival season, and, in some markets, weddings and pollution may temporarily disrupt this demand story. While the festival season typically sees a slowdown in construction activity, some dealers anticipate this lull extending throughout the entire month as multiple states enter election mode.
© 2026 Rediff.com - Investor Information - Advertise with us - Disclaimer - Privacy Policy - Sitemap - Feedback - About us - Terms of use - Grievances