Ford dealers in India are staring at huge losses with the automaker deciding to shut production in the country with immediate effect, automobile dealers' body FADA said on Thursday. Terming the company decision as shocking, the industry body noted that the dealers have invested over Rs 2,000 crore in creating sales infrastructure while employing around 40,000 people across the country. "The auto retail fraternity is really shocked to hear another Ford India's announcement where it has said that it will shut down production with immediate effect," FADA president Vinkesh Gulati said in a statement.
Language is an issue but not a barrier as they are still able to express their love for Bollywood stars Shah Rukh Khan and Amitabh Bachchan. SRK though has a much bigger following than his celebrated senior.
Silverstone would be willing to host an unprecedented two successive Grands Prix without spectators to help Formula One fight back from the coronavirus crisis, circuit boss Stuart Pringle said on Sunday. The season has yet to start but the Liberty Media-owned sport's management are hoping to get going in the European summer with a revised and reduced schedule that could run into next year.
News of all that's transpired on and off the football field.
Sachin Tendulkar inaugurated a Sky Karting track in Lower Parel area of Mumbai (South).
The first club from Jammu and Kashmir to qualify for the I-League is slowly building up
Al Janoub is a fully air-conditioned stadium which keeps the temperature 10 degrees lower than the 29 Celsius outside.
The league said last week that the deal, called 'Boost La Liga', would strengthen its clubs and give them funds to spend on new infrastructure and modernisation projects as well as increasing how much they could spend on players' salaries.
Maharashtra Chief Minister Uddhav Thackeray announced a statewide curfew for 15 days from 8 am on April 14 to contain the rapid spread of the coronavirus in its second wave. With Section 144 being imposed across the state, Thackeray essential services have been exempted from the restrictions. The curfew will be in place till 7 am on May 1.
The government has used four methods to value the assets that it is looking to monetise under its Rs 6-trillion National Monetisation Pipeline (NMP). The value of the assets on the block is indicative that the government is expected to realise either in the form of upfront accruals or by the way of private sector investment, NITI Aayog said in its report. Valuations are essentially estimates, so multiple methodologies are useful to get a range, said Manish Agarwal, infrastructure expert and co-founder of AskHowIndia.org. Different valuation methodologies depend on the different assumptions that are being considered for valuing a business, he said.
Indian bridge contingent continue to be the victims of the official apathy from the Indian Olympic Association (IOA), who are yet to provide them with team blazers.
With the Covid-19 pandemic showing signs of ebbing and economic activity picking up, factory owners in Jalandhar had hoped that the worst was over. However, the heat wave in April and extensive power cuts that came with it, have crushed their hopes. The city's large number of micro, medium and small enterprises (MSMEs) are now gearing up for yet another struggle, this time to survive with the shortage of power that is severely impacting their operations.
The league, which was announced on Sunday with 12 founding members, has been championed by Real Madrid president Florentino Perez, the new competition's chairman. It is now left with three Italian clubs -- AC Milan, Juventus and Inter Milan -- plus Perez's Real Madrid along with Barcelona and Atletico Madrid from Spain.
'We have lost the importance of physical movement. It is important we encourage kids to take up sport.'
Kolkata-based business tycoon Sanjiv Goenka's RP-SG Group claimed the Lucknow franchise for a whopping Rs 7090 crore, while international equity investment firm CVC Capital won the bid for Ahmedabad with a Rs 5600 crore offer.
Entrusted with the task of undoing four years of damage, Boxing Federation of India (BFI) president Ajay Singh says the bickering that has ruined the sport is not very difficult to control and he is confident of bringing in a professional approach in the set-up with his corporate experience.
ICC bids for women's T20 in Birmingham Commonwealth Games 'If cricket were to be staged in these Games, we know every team competing would be guaranteed 'home' support. There's a ready-made audience and ready-made infrastructure in the local vicinity'
India has helped the world discover the true potential of democracy and the keyword for the country today is compassion for the downtrodden, needy and those on the margins, President Droupadi Murmu said on Sunday.
Chinese Foreign Minister Wang Yi on Sunday met Sri Lanka's top leadership and discussed a host of issues, including the debt crisis faced by the island nation, investments, promoting tourism and the fight against the COVID-19 pandemic as the two countries marked the 65th anniversary of diplomatic ties.
Days after the Indian Boxing Federation (IBF) had complained about delay in implementation of a government scheme and non-payment of incentives to coaches, the Sports Ministry has promised to 'resolve these issues' as soon as possible.
Amid a surge in COVID-19 cases in the country, the Indian Medical Association has written to Prime Minister Narendra Modi suggesting that vaccination be allowed for all people above the age of 18 years.
Jay Shah replaces Bangladesh Cricket Board (BCB) chief Najmul Hasan Papon.
The International Paralympic Committee (IPC) on Sunday banned all Russians from its own Games next month because of the widespread doping culture that it says has polluted sport in the country.
A Supreme Court bench comprising Chief Justice Dipak Misra and Justices A M Khanwilkar and D Y Chandrachud said like the Indian Cricket Board, AIFF can also be asked to frame an amended constitution incorporating the suggestions of the Delhi high court.
With the aim of speeding up the 2010 Commonwealth Games projects, the Indian Government on Thursday approved about Rs 828 crores funding for Delhi Development Authority (DDA). The DDA has been entrusted with the development of Games Village, competition venues for badminton, squash, table tennis and archery.
Brazilians say they will find their trademark exuberance once the goals start rolling in. For now, though, many of the international soccer fans descending on a country renowned for its Carnival celebrations, samba and soccer are disappointed.
FIFA secretary general Jerome Valcke has dismissed allegations of gender discrimination over the decision to play the women's World Cup on artificial turf, saying the surface could also be used for the men's tournament in the future.
Harish Kotian caught up with Viren Rasquinha in a rare free moment at his residence in Bandra to discuss OGQ's vision, the mode of operation and why he is so passionate about creating the next Olympic champion from India.
Boxing was one of the biggest success stories in Indian sports at the 2008 Beijing Olympics but three years down the line and another Olympic Games around the corner, the national federation (IBF) complains that it still has to run from pillar to post even for basic infrastructure.
Indian Olympic Association secretary general Randhir Singh on Monday said India should bid for the 2019 Asian Games else the lavish infrastructure built for this year's Commonwealth Games (CWG) will remain unutilized after the October 3-14 mega event.
Bollywood star Amitabh Bachchan says we all should be proud of our athletes as they bring greatest glory to the nation. The 73-year-old actor shared his views on social media about sports and said people should understand an athlete before pointing out fingers at them. "Sport, sports people bring the greatest glory to a nation .. they need love and care and recognition and respect... COME ONN INDIA," he wrote on Twitter.
'Sakshi's medal will do to women's wrestling what Sushil's 2008 Olympic medal did to wrestling in general.' 'It will make more and more families put their daughters into wrestling.' 'More and more young girls will fall in love with the sport and demand that they be taken to akhadas.'
All shops and commercial establishments, hotels, pubs and bars will remain closed during this period, Yediyurappa said.
Rathore said the government was 'leaving no stone unturned' to train 200 elite athletes for the 2020 Olympics
All infrastructure for the Olympic Games in Rio de Janeiro will be ready before they begin in August, including a much-delayed metro line, Brazil's newly appointed Sports Minister Leonardo Picciani said in an interview on Wednesday.
National football skipper Bhaichung Bhutia on Thursday called for overhauling the domestic structure of the sport and said that players should be given universal contracts.
Parliamentary Standing Committee on Human Resource Development headed by Satyanarayan Jatiya has slammed SAI for not roping in sportspersons even 20 years after being asked for restructuring of the "unwieldy and monolithic bureaucratic organisation
European soccer's governing body UEFA on Monday said clubs and players joining the proposed breakaway Super League could be banned from all of its competitions and the World Cup as it condemned a "disgraceful and self-serving proposal".
Late former finance minister Arun Jaitley's son Rohan is all set to become the next president of the Delhi & Districts Cricket Association (DDCA) and has promised to halt 'unnecessary expenses' in the corruption and controversy-ridden body.
India's gymnastics queen, Dipa Karmakar's coach Bishweshwar Nandi expects a more solid sports policy and bigger effort from SAI and the government
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