When shorts are based on perceived corporate mismanagement or malfeasance, as in cases like Enron and Satyam, they enable the financial system to work efficiently, points out Devangshu Datta.
Indian boxer Gaurav Bidhuri (52kg) is fast making a name for himself at the International Boxing Association's semi-professional World Series of Boxing, churning out three consecutive wins for his franchise Italia Thunder in the ongoing season.
Olympians Jitendra Kumar and Diwakar Prasad are among the 19 pugilists who have been short-listed to represent the Mumbai franchisee in the World Series of Boxing.
The underdogs Mumbai Fighters rallied back to cause a huge upset as they handed over the unbeaten Baku Fires their first defeat of the season to gain an upper-hand in the first leg of the World Series Boxing quarter-final match in Mumbai on Friday night.
Indian boxing is all set to get a massive jolt as the country's franchise in the World Series of Boxing (WSB) is preparing to pull out from the upcoming season due to paucity of funds and administrative hassles.
The Indian franchise in the World Series of Boxing (WSB) is struggling to rope in pugilists employed with the Indian Army as the department is refusing to give them permission to compete in the professional-style event.
Mumbai Fighters gained a quarter-final berth in the World Series Boxing (WSB) after getting a walkover from Los Angeles Matadors in their last Group A league fight.
Former World Champion Abbos Atoyev and Commonwealth Games gold medallist Patrick Gallagher were among the five international pugilists that the World Series of Boxing's Indian franchise -- Mumbai Fighters -- picked up in a draft order conducted by the sport's governing body AIBA.
The International Boxing Association (AIBA) may have thrown the Olympic door open for professional boxers but it is unlikely that Indian star Vijender Singh would be able to grab the opportunity even though he is keen to make it. Professional boxers would be allowed to compete in the Olympic Games in August in Rio de Janeiro provided the decision is ratified at the AIBA Extraordinary Congress on June 1 when the proposal would be put to vote. The plan is to allow pro boxers qualify for Rio via the AIBA-affiliated World Series of Boxing (WSB) and AIBA Pro Boxing (APB) event. Both these events, originally scheduled for May, could be pushed back to last week of June to give national federations enough time to send their entries. "If given a chance, I would definitely try to qualify for the Olympics. Who would want to miss an opportunity if it is there," Vijneder told PTI from Manchester where he is training for his next pro fight on March 12 in Liverpool. However, the question is whether there is any realistic opportunity for him to give it a shot. The 30-year-old middleweight's schedule is sorted till June 11 when he will make his pro debut in India by fighting for his maiden title -- the WBO Asia belt.
South Africa all-rounder JP Duminy has decided to quit Test cricket but will continue to feature in the shorter formats of the game.
Given the dimensions, it is bound to have at least ripple effects across markets. Could ripple turn into cascade? asks Devangshu Datta.
Pugilist Diwakar Prasad defeated Argentina's Juan Herrera in the lightweight category as Mumbai Fighters rallied back from the first match loss to level the best-of-five contest 1-1 with Italian franchise Milano Thunder in their maiden World Series Boxing clash in Pune.
A new chapter was added to the annals of Indian boxing with the country becoming one of four Asian franchisees in the high-profile World Series of Boxing (WSB) slated for next September. 'Yes, India is one of the eight franchisees that have selected by the International Boxing Association (AIBA) so far,' WSB Chief Operating Officer Ivan Khodabakhsh revealed in an interview from the AIBA headquarters in Lausanne, Switzerland.
A summary of sports events and sports persons, who made news on Wednesday
'I have been told by the committee members that I should now join back training and start preparing for the World Championships. I think the committee members are empathetic towards whatever happened'
Three Indians, including World Boxing Council (WBC) Asian title-holder Neeraj Goyat, have registered for the International Boxing Association's (AIBA) Olympic Qualifying tournament for professional boxers scheduled to be held in Venezuela from July 3 to 8.
Professional boxers can compete at the upcoming Olympic Games in Rio de Janeiro, the sport's governing body ruled in a landmark decision on Wednesday. Meeting at an extraordinary congress in Lausanne, Switzerland, 88 members of the International Boxing Association (AIBA) voted in favour of the move, while none voted against and four abstained. The final results of the vote were told to AFP by a senior official within AIBA who requested anonymity as they were not authorised to speak publicly on the subject before the official announcement.
National coach Gurbax Singh Sandhu says the four-year-long administrative logjam cannot escape blame for all that has gone wrong with the once flourishing sport.
India's loss has turned out to be Africa's gain in the World Series of Boxing as Algeria Desert Hawks have replaced Mumbai Fighters in the semi-professional league's second season starting later this month.
As the Venky's Mumbai Fighters' fight night approaches, Olympian Diwakar Prasad is jostling against time. After a lull of almost seven years, all of a sudden, his life is witnessing too much activity.
An Indian-origin grocery storeowner was shot dead in the United States city of Atlanta in what appeared to be a robbery attempt, leaving his neighbours aghast.
Indian boxers L Devendro Singh (49kg) and Gaurav Bidhuri (52kg) will be pulling in some punches in the upcoming season of the World Series of Boxing, after grabbing two-year contracts with Polish and Italian franchises.
Why did Vikas Krishan give his opponent a walkover in an Asian Championship semi-final?
World Boxing Council Asian champion Neeraj Goyat was the lone Indian left in fray for an Olympic berth after he entered the semi-finals even as other two bowed out following first round losses in the International Boxing Association's Olympic Qualifying Tournament for professional boxers in Vargas, Venezuela.
Indian boxer Vikas Krishan, who forfeited his semi-final bout in the Asian Championships, won't be allowed to compete in the World Series of Boxing and will have to explain his no-show to a disciplinary committee of the national federation.
A summary of sports events and sports persons, who made news on Saturday
The Kawasaki Ninja ZX-10R gets comprehensively updated for the 2016 model year with revised mechanicals and more sophisticated electronics in a bid to go a lot faster, says Indian automobile website MotorBeam.
A summary of sports events and sports persons, who made news on Sunday.
Completing India's rehabilitation into the international boxing fold, AIBA unanimously gave permanent membership to the recently-elected Boxing India during its quadrennial congress in Jeju Islands, Korea.
A summary of sports events and sports persons, who made news on Sunday
'In 2015 after fighting in the same card as Vijender Singh, I was flying and thought my life is made.' 'But I fell flat. I didn't get any fights after that.' It was heartbreaking.' 'I don't want to go through that again.' 'Therefore, I will fight and go to office the next day.'
The International Boxing Association (AIBA) could soon allow professional boxers to compete in big-ticket amateur events like the Olympics, British professional boxing star Amir Khan has revealed, saying that he would grab the chance as and when it comes along.
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