Markets regulator Sebi on Wednesday barred former CEO of IndusInd Bank, Sumant Kathpalia, and four other senior officials from accessing the securities markets in connection with an alleged insider trading in the bank's shares. In addition to the market ban, Sebi has impounded Rs 19.78 crore collectively from the five individuals, according to an interim order passed by the regulator.
National coach Pullela Gopichand on Wednesday defended Indian Badminton League's decision to reduce the base price of Jwala Gutta and Ashwini Ponnappa before the IBL Players' auction, saying it was done so that the doubles specialists do not incur financial loss.
The Indian Badminton League's glamour quotient has gone up by quite a few notches with a consortium involving former cricket captain Sunil Gavaskar and Telugu actor Nagarjuna buying the event's Mumbai franchise.
World No 1 men's shuttler Lee Chong Wei's coach Tey Seu Bock of Malaysia was appointed chief coach of Mumbai Masters for the inaugural Vodafone Indian Badminton League on Sunday.
The first shuttle is yet to be struck but the discontent with the Indian Badminton League is only rising with men's doubles specialists Rupesh Kumar and Sanave Thomas hinting at a pullout, claiming that their base prices too were slashed without informing them.
The discontent with the Indian Badminton League has almost come to an end as men's doubles specialists Sanave Thomas and Rupesh Kumar have decided to compete in the franchise-based tournament.
The Indian Badminton League has named Under-19 players for five of its franchises, in addition to those picked at the auction. According to IBL rules, each franchise had to pick an India Under-19 player, who will be the 11th player in the respective squads.
The Badminton Association of India will investigate doubles player Jwala Gutta's alleged role in provoking some players of her Indian Badminton League (IBL) team Krrish Delhi Smashers against playing a match versus Banga Beats.
The million-dollar Indian Badminton League (IBL) kicked off on Wednesday with a glittering opening ceremony even as Krrish Delhi Smashers clashed with the Pune Pistons in the tournament opener, in New Delhi.
The postponement of the players' auction might have raised some concerns about the upcoming Indian Badminton League but the organisers claimed that top international players from 17 nations including China and Indonesia have agreed to release their top stars for the event.
Following open criticism from top players like Jwala Gutta and Ashwini Ponnappa, who declared the Indian Badminton League's decision to slash their auction base price as "disrespectful" and "absurd", the Badminton Association of India and the league's organisers have now barred players from talking to the media.
Confident after winning a bronze medal at the World Badminton Championships, fast rising shuttler P V Sindhu says she is ready to take on her celebrated compatriot Saina Nehwal at the inaugural Indian Badminton League.
Disappointed over their base price in Monday's players' auction being slashed at the last minute, doubles specialists Jwala Gutta and Ashwini Ponnappa declared that the Indian Badminton League's decision was "disrespectful" and "absurd".
Indian shuttlers lower down the ranks, who get pittance as prize money, are in for a bonanza when they take part as members of one of the franchisee outfits at the proposed Indian Badminton League.
Mumbai Masters owner Sunil Gavaskar is waiting with bated breath to meet the world's No 1 shuttler Lee Chong Wei. He says it will be a "thrill" to watch the Malaysian in action in the inaugural Indian Badminton League.
Considering the grand success of the inaugural IBL that has put a halo around Indian badminton, Saina Nehwal says the franchise-based meet should be held in such a way from next year onward that players don't miss out on any other major tournament due to burnout.
Elated after an unbeaten run that helped Hyderabad Hotshots lift the inaugural Indian Badminton League trophy, Saina Nehwal said she expects the $1 million event to become as big as cricket's IPL in the coming years.
P V Sindhu-spearheaded Awadhe Warriors inched a step closer to the semifinal spot after they defeated Mumbai Masters 3-2 in the inaugural Indian Badminton League in Bangalore.
The Mumbai Masters have been boosted by the arrival of World No. 1 Lee Chong Wei, who believes that the Indian Badminton League is better than the badminton league in China.
Mumbai Masters managed to eke out a hard-fought 3-2 victory over Banga Beats in their opening encounter of the inaugural Indian Badminton League (IBL) at the Siri Fort Sports Complex in New Delhi on Thursday.
Anand Pawar, ranked 43rd in the world and a member of the Indian Sudirman Cup team, became the latest Indian player to slam the Indian Badminton League after he went unsold at the IBL players' auction while other lower-ranked Indian players were snapped up by the six franchises.
The Badminton Association of India's disciplinary committee has recommended a life ban on top Indian doubles shuttler Jwala Gutta for trying to stop some players of her franchise Krrish Delhi Smashers from playing a match against Banga Beats in the Indian Badminton League.
Banga Beats fought back from a 2-0 deficit to clinch the game by 3-2 in the Indian Badminton League (IBL) face-off against bottom-placed Banga Beats in Hyderabad on Tuesday.
Rising shuttlers PV Sindhu and K Srikanth lead the way for Awadhe Warriors as they crushed Krrish Delhi Smashers 4-1 in the inaugural Indian Badminton League (IBL) in Pune.
Denmark's Mathias Boe is extremely annoyed. And in his anger this shuttler from Denmark has vowed to not visit India after appearing in Thomas Cup next year.
One of the most awaited matches of the inaugural Indian Badminton League (IBL) turned out to be a damp squib as Saina Nehwal trampled PV Sindhu 21-19, 21-8 at the Siri Fort Complex.
Pune Pistons rode in their mixed doubles combination to beat Delhi Smashers 3-2 in the opening match of the inaugural Indian Badminton League, in Delhi, on Wednesday.
Hyderabad Hotshots, spearheaded by Indian badminton icon Saina Nehwal, brought down the high-flying, unbeaten Pune Pistons with a comprehensive 4-1 victory in the Indian Badminton League, at the NSCI courts, in Mumbai.
Saina Nehwal's wish to be in her home team came true as Hyderabad Hotshots bought the Indian star for USD 120,000 but world number one Lee Chong Wei proved to be the costliest, going to Mumbai Masters for USD 135,000 in the inaugural Indian Badminton League's players auction on Monday.
Awadhe Warriors brother-sister pair of Markis Kido and Pia Bernadeth held their nerves in a close encounter to win the crucial fifth match and the tie 3-2 against Mumbai Masters in the second semi-final to set up the summit clash with Hyderabad Hotshots in the Indian Badminton League on Thursday.
Badminton and cricket are two of his favourite sports. He was here with us for about an hour, Vimal Kumar said.
Led by Saina Nehwal, Hyderabad Hotshots defeated Awadhe warriors 3-1 to lift the crown of the inaugural Indian Badminton League at the NSCI Stadium on Saturday.
Led by Saina Nehwal, Hyderabad Hotshots defeated Awadhe warriors 3-1 in the final to win the inaugural Indian Badminton League, at the NSCI Stadium, in Mumbai, on Saturday.
Nikhat Zareen on Tuesday demanded a fair Olympic selection trials and asked the national federation (BFI) to telecast live the fight after her much-anticipated showdown against MC Mary Kom in the Indian Boxing League was cancelled.
Sports Solutionz, the promoters of the Indian Badminton League, are contemplating legal action against the Badminton Association of India in the wake of reports it has terminated the tournament agreement with them.
Rising shuttler P V Sindhu stole the show with a hard-fought win over World No.3 Germany's Juliane Schenk as Awadhe Warriors sailed into the semi-finals of the inaugural Indian Badminton League with a clinical win over Pune Pistons in Hyderabad.
In a do-or-die encounter, Banga Beats' icon player Parupalli Kashyap won his singles match.
Pune Pistons secured a close 3-2 victory after icon player Ashwini Ponnappa and Fischer Nielsen Joachim won the deciding mixed doubles match.
Indian cricket superstar Sachin Tendulkar boosted the morale of Mumbai Masters when he came out to cheer the home team in their match against Krrish Delhi Smashers, in the Indian Badminton League, in Mumbai, on Tuesday.
Her team Hyderabad Hotshots may have easily downed the high flying Pune Pistons 4-1 but Saina Nehwal, who won a crucial point for her side after a grim struggle against world number three Juliane Schenk, said she is unhappy with some of the rulings of the umpire.
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