The Board of Control for Cricket in India (BCCI) on Saturday threw its weight behind secretary N Srinivasan and rejected suspended Indian Premier League (IPL) chairman Lalit Modi's allegations that the senior official fixed the 2009 players' auction.
Board president N Srinivasan and interim in-charge Jagmohan Dalmiya are likely to represent India in the upcoming ICC annual conference in London as part of a compromise formula to break the stalemate on the issue.
In the wake of adjourned meeting of the BCCI's working committee, Aditya Verma, the petitioner in the IPL spot-fixing case, claimed that the entire committee would have drawn contempt of court if former president N Srinivasan had participated in the working committee's meeting in Kolkata on Friday.
Pushed into a corner, the embattled N Srinivasan's days as BCCI President appear to be numbered as more Board officials have threatened to quit following the resignations of two senior functionaries in the wake of the IPL spot-fixing scandal.
Unruffled by the Supreme Court order prohibiting him from taking charge even on winning the election, under-pressure BCCI chief N Srinivasan has said he will stand for the Board's Presidential polls in the Annual General Meeting in Chennai on Sunday.
Rupa Gurunath, the first woman president of a BCCI affiliated unit, is a full-time Director of India Cements Limited (ICL). She has been found guilty of indirect conflict of interest for ICL's close association with Chennai Super Kings Cricket Limited (CSKCL).
With the Supreme Court refusing to restrain N Srinivasan from taking over as the chairman of the International Cricket Council, the Board of Control for Cricket in India sent a final confirmation to the world body intimating that its president-in-exile will be the candidate to head the ICC.
Beleaguered BCCI President N Srinivasan on Wednesday found himself under intense pressure to quit after two BCCI heavyweights, IPL Chairman Rajiv Shukla and Board vice-President Arun Jaitley, asked him to "stay away" till investigations against his son-in-law were completed in the IPL spot-fixing scandal.
Cricket Association of Bihar secretary Aditya Verma moved an application in the Supreme Court for declaring Narayanswami Srinivasan as ineligible or disentitled to hold the post of president of Tamil Nadu Cricket Association.
With the Supreme Court-instituted Justice Mudgal committee indicting Gurunath Meiyappan in the IPL betting and spot-fixing scandal, the event's sacked commissioner Lalit Modi has demanded a life ban on his father-in-law and BCCI President N Srinivasan.
Greg Barclay not to opt for third term, all eyes on BCCI secretary Jay Shah
'You hold the meeting. Act on the Lodha committee's recommendations as to which will be implemented and which will not be implemented. You send only your office bearers. Do not send N Srinivasan and Niranjan Shah. We do not want to make it adverserial," it said, adding, "we do not want the meeting to be stalled'
N Srinivasan was "quite happy" after the Supreme Court on Tuesday allowed him to resume his duties as president of the Board of Control for Cricket in India. 'I think the Supreme Court has said I can resume functioning and discharge my functions. So I am quite happy because BCCI needs somebody,' Srinivasan told reporters after the ruling.
Tamil Nadu -- often dubbed as India's own Detroit due to its thriving automobile manufacturing ecosystem -- is in no mood to miss the EV bus either. Recent developments attest to it. Vietnamese electric vehicle (EV) maker VinFast has promised a $2 billion plant in the southern state. And as promised earlier, the work on Tata Motors-JLR plant will kick off next week, on September 28, after the foundation stone laying ceremony.
N Srinivasan's defiant bid for an extended term as president of the Board of Control for Cricket in India has hit a massive roadblock after the Supreme Court ruled that he cannot take charge even if he is elected at Sunday's Annual General Meeting.
Uncertainty over the possibility of Board of Control for Cricket in India's president-in-exile Narayanaswami Srinivasan making a comeback and the survival of the Chennai Super Kings in the Indian Premier League deepened on Thursday as Supreme Court threw suggestions whether those named in the Mudgal Committee could be kept out of the BCCI elections and whether the CSK franchise could be scrapped.
The ICC approved the wide-ranging structural and governance reforms and nominated Board of Control for Cricket in India chief N Srinivasan for the post of chairman.
In what would come as a shot in the arm for N Srinivasan, Cricket Association of Bengal (CAB) President Jagmohan Dalmiya has extended East Zone's support to the embattled BCCI President, who is seeking a third term as the Board chief, by signing the nomination papers for the December 17 elections.
The Supreme Court on Thursday finally set the ball rolling for one of the biggest shake-ups in Indian cricket by barring president-in-exile Narayanswami Srinivasan from contesting the next elections of the Board of Control for Cricket in India, citing his conflict of interest.
India became a "laughing stock" during the Ravindra Jadeja-James Anderson incident because of the timidity of BCCI president in-exile N Srinivasan, who played a "puppet" fearing a backlash from the England and Australia boards, CAB secretary Aditya Verma said on Saturday.
Former BCCI president AC Muthiah on Thursday said board secretary N Srinivasan, who is also the owner of Chennai Super Kings, has no right to convene the IPL Governing Council meeting on April 26 as there is conflict of interest in his position.
Corporate bond issuances fell by around 22 per cent in August, despite easing yields as issuers delayed raising funds awaiting the US Federal Reserve to start cutting interest rates from this month. Corporates and financial institutions expect yields to fall further and borrowing costs to become cheaper, said market participants. The US Fed is widely expected to cut interest rates by 25 bps in the 17-18 September meeting, marking the start of a downward interest rate cycle.
RCB might show interest in KL Rahul.
Confusion remains over the Tamil Nadu strongman's participation in the Board's Special General Meeting in New Delhi on Tuesday to discuss a five-point agenda.
The Annual General Meeting of the BCCI which was scheduled to be held on September 27 in Kolkata has been indefinitely postponed as the parent body awaits Supreme Court verdict on whether former president N Srinivasan can be allowed to attend meetings.
The Board of Control for Cricket in India's new regime under Jagmohan Dalmiya's leadership is exploring the option of an early Special General Meeting (SGM) in its bid to oust Narayanswami Srinivasan as the Board's representative in the International Cricket Council.
"There is unity in the BCCI, I have not been asked by anyone to resign. To the contrary, my support is complete and I refuse to yield to unfair an motivated attacks. I intend to continue as president," N Srinivasan said in Kolkata on Sunday.
A number of non-banking financial companies (NBFCs) have tapped into the debt capital market ahead of the festival season to meet increasing credit demand as bank funding slows. On Tuesday, Aptus Value Housing Finance secured Rs 300 crore at an interest rate of 8.75 per cent through bonds maturing in five years. ICICI Home Finance Company turned to the market to raise Rs 275 crore at 7.94 per cent, alongside another Rs 300 crore at 7.95 per cent, through bonds maturing in five and three years, respectively.
Rajasthan Cricket Association representative Mehmood Abdi feels Board Of Control For Cricket In India president N Srinivasan should not decide on any matter relating to Lalit Modi's possible return to administration through the RCA because of his "old enmity" with the banned former IPL commissioner.
Indian-American Srikanth Srinivasan Thursday scripted history after he was confirmed as the first South Asian judge to America's second highest court.
"All powerful teams go through a period of transition" -- this was BCCI President N Srinivasan's take on the future of Indian cricket team but he gave no indication as to when the much-talked about phaseout ofseniors will happen."
The liquidity will move into deficit after advance tax payments and GST outflows. It will rebound in October because of government spending.
Newly-elected ICC Chairman Jay Shah on Tuesday said he will look to ensure that Test cricket forms the "bedrock" of the game in his tenure during which he will also try to "dismantle barriers that have hindered cricket's progress".
Jay Shah will take over as the next chairman of the ICC in December after he emerged as the sole nominee for the high-profile job
Treasurer N Srinivasan is all set to take over as the Board of Control for Cricket in India's new secretary after incumbent Niranjan Shah steps down from the post at the September 27-28 Annual General Meeting of the Board in Mumbai following the expiry of his tenure. The present secretary Niranjan Shah would continue to work with the Board in a position yet to be decided.
Twenty-one United States lawmakers have sent a letter to the Senate Majority Leader Harry Reid in support of Indian-American legal luminary Srikanth Srinivasan's nomination to the DC circuit court.
The Supreme Court might have refused to grant him relief but a defiant N Srinivasan is expected to attempt a comeback as BCCI President after being forced to step aside, when the Board officials gather for the final Working Committee meeting before next month's AGM in Kolkata on Sunday.
N Srinivasan was on Sunday elected unopposed as president of the Tamil Nadu Cricket Association (TNCA) for the 12th year on the trot.
Board of Control for Cricket in India secretary Anurag Thakur on Monday hinted at initiating a probe against former chief Narayanswami Srinivasan in order to pave the way for his ouster as chairman of the International Cricket Council.
Elated by the Supreme Court order, restraining N Srinivasan from taking charge as BCCI President even if he is elected in the AGM, Cricket Association of Bihar (CAB) Secretary Aditya Verma has alleged that he braved death threats to fight the legal battle against the Tamil Nadu strongman.
