The Supreme Court on Wednesday agreed to hear the Board of Control for Cricket in India's plea against the Bombay high court verdict, which declared as illegal its probe panel that was set up to look into the Indian Premier League spot-fixing and betting controversy.
The advisory follows several such 'trading leagues' coming to light, including one by a film star and her husband, wherein the general public is asked to guess returns for some particular stocks and get prizes for right bets, among others.
Karinkunnam 6s may lack the depth to be a great film but it's worth a watch, says Paresh C Palicha.
If the fear of ED could drive the powerful people of today to be honest or at least be minimally corrupt, will it not be a great thing for our nation?, asks Sudhir Bisht.
Shane Watson overcame a slow start on his way to an unbeaten 117 to guide the Chennai Super Kings to their third Indian Premier League title with a eight-wicket win over the Sunrisers Hyderabad on Sunday.
Former English Premier League striker DJ Campbell has been arrested as part of a match-fixing investigation, his club Blackburn Rovers said on Monday.
India's tweaking of IT rules allow formation of Centre-appointed panels, that will settle often-ignored user grievances against content decision of social media companies, Minister of State for IT Rajeev Chandrasekhar said, adding that this was necessitated due to the "casual" and "tokenism" approach of digital platforms towards user complaints so far.
The industry came under scrutiny after the proliferation of games like cards, casinos, and fantasy sports among young people led to addiction and financial losses, with some reported cases of suicide.
'Hardik with his local connect was an obvious choice as captain and premier player'
The government will "play by the rule book" and make sure that absolute standards of probity are maintained, Finance Minister Arun Jaitley said as the Opposition continued its attack over the Lalit Modi controversy.
Given the hydrogen connection, it's ironic that Hindenburg Research released a long report, accusing the Adani group of financial manipulation, observes Devangshu Datta.
The Justice Mudgal Committee, appointed to probe the spot-fixing and betting scandal in the sixth edition of Indian Premier League, has cleared Board of Control for Cricket in India president-in-exile Narayanaswami Srinivasan of match-fixing charges and scuttling the investigations that followed the episode. However, it could be temporary relief for him, as he could still find himself in the dock for not taking action against a particular individual, referred to as Individual 3 in the report.
Mahendra Singh Dhoni and his 'Dad's Army' moved to within one win of a third IPL title.
The agency's poor track record in convictions is the only light at the end of a rather long tunnel for the couple, observes Shyamal Majumdar.
Narayanaswami Srinivasan was on Monday cleared of match-fixing and scuttling the probe into it that followed the sixth edition of the Indian Premier League, but the findings of the Justice Mudgal Committee have left Chennai Super Kings and Rajasthan Royals exposed, as their respective officials, Gurunath Meiyappan and Raj Kundra, were indicted of illegal betting.
The SIT on black money on Tuesday sought update from multiple probe agencies on the role of Lalit Modi in alleged financial irregularities in the T-20 cricket tournament.
A bench of Justices DY Chandrachud and Surya Kant dismissed the appeals of the accused booked under MCOCA and other provisions under IPC and the gambling and prohibition Act.
The Supreme Court on Monday slammed the Board of Control for Cricket in India over the spot-fixing scandal in the sixth edition of the Indian Premier League and also questioned the return of Narayanswami Srinivasan as its president.
Australia skipper Ricky Ponting on Wednesday said his team was doing whatever it could to cooperate with the ICC's Anti-Corruption Unit in it's investigation into the alleged reports of illegal bookmakers approaching one of the team members during the on-going Ashes series.
Two men alleged to be members of an illegal betting syndicate based in Singapore were charged with conspiracy to defraud on Thursday as part of a match-fixing investigation into English lower league soccer.
The Board of Control for Cricket in India's probe panel on spot-fixing and betting charges in the Indian Premier League struck down as "illegal" as it was set up in violation of its own rules, the Bombay high court said on Wednesday. It went on to add that a prima facie case is made out that BCCI president-in-exile N Srinivasan was involved in its formation.
The Board of Control for Cricket in India congratulated its president-in-exile N Srinivasan for being elected as the first chairman of the ICC, saying there could not have been a better person for the position.
Dabba trades also allow investors to avoid SEBI registration requirements or the margin requirements set by exchanges.
More than 4,000 people have been arrested worldwide and more than $13 million seized across Asia in operations targeting illegal gambling during the Euro 2016 football tournament, Interpol said on Monday.
The solution worked out by the members is to convene a Working Committee meeting on September 26. With this, the AGM is unlikely to be held on the scheduled date of September 30 as the rules demand for a three-week gap between the two meetings.
It is alleged that the attackers included a group of men against whom Joshi had filed a complaint on July 16 accusing them of harassing his niece after he had objected to their betting racket in the locality.
The police have almost no way of tracking the $200 billion plus money flowing online during this World Cup.
West Indies cricket president James Cameron and Pakistan board chairman Najam Sethi have been awarded seats on the International Cricket Council's new executive committee, but South Africa has been snubbed from the game's new world order.
The 11th edition of the Indian Premier League (IPL) kicks off on Saturday with two reinstated teams and a new broadcaster in a fresh testament to its undiminished appeal to India's incurably cricket-obsessed masses.
While some would give the BJP full marks for starting early in the only state in the south where it stands a chance, the 'party with a difference' has fallen back on a tainted leader.
Paytm will not be available for download now but there will be no impact on existing users of the app. 'The app was blocked for violation of play policies - a clarification of our policy was released earlier today ahead of the IPL (Indian Premier League) tournament,' Google said in an e-mailed response on Friday.
The FPI holding in India's top 100 companies, which are part of the Nifty 100 index, declined to 24.23 per cent on average at the end of March this year, from a high of 27.5 per cent at the end of March 2021. This is the lowest FPI holdings in India's top listed companies in at least three years. A general sell-off by FPIs has weighed on stock prices and the benchmark S&P BSE Sensex is down 8.5 per cent, from its 52-week high made in October 2021. Most analysts expect FPI flows to remain weak in FY23 as well, given rising bond yields in the US and an expected earnings slowdown in India due to high inflation and commodity prices.
Despite all the controversies, the IPL's brand value hasn't diminished. Instead, says Harish Kotian/Rediff.com, the IPL made the BCCI richer by over Rs 3 billion!
The Enforcement Directorate on Friday said it has issued a show cause notice to the country's largest cryptocurrency exchange for undertaking transactions worth over Rs 2,790 crore in alleged violation of the Foreign Exchange Management Act (FEMA). WazirX, registered under the company named Zanmai Labs Pvt Ltd, was incorporated in December, 2017 as a domestic cryptocurrency start-up and its directors Nischal Shetty and Hanuman Mhatre, along with the company, have been named in the notice issued by the central probe agency after completion of investigation. The agency issued a statement saying that it stumbled upon the transactions of the company during an ongoing money laundering probe into the "Chinese-owned" illegal online betting applications.
'The fiscal pressure will be there, but the intent of the government behind this move is to spur demand and growth.'
Phillip Hughes's tragic death cast a shadow over an eventful year that saw Ashes rivals Australia and England brawl on the field and bond off it, joining India to pull off a bloodless coup and take charge of the game.
Subramanian Swamy, in his plea, has alleged that there are no allegations against either Narayanswami Srinivasan or against any members of CSK and hence the ban imposed by the Justice Rajendra Mal Lodha panel is "illegal, arbitrary and unreasonable".
A summary of sports events and persons who made news on Tuesday
Former BCCI secretary Jaywant Lele says the Bombay high court has taken a very correct decision. 'The judges appointed in the two-member committee were the people of N Srinivasan.'
Tainted former Indian Premier League Commissioner Lalit Modi invoked the names of British royalty, including Prince Charles and his brother Andrew, while seeking his travel papers from the United Kingdom home office, according to a media report on Sunday.
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