Arbaaz confesses to betting in IPL

Agencies
June 2, 2018

Thane, Jun 2: Bollywood actor and filmmaker Arbaaz Khan has told the police that he has been betting on cricket matches for the past five to six years, a police official claimed on Saturday.

The actor, however, claimed that he had not placed bets on any match of the 2018 season of the Indian Premier League that ended on May 27, the official said.

Khan arrived on Saturday for recording his statement before the police in connection with an IPL betting racket.

"The actor told the police that he has been betting on cricket matches for the past five to six years," the police official said on condition of anonymity.

The police had issued summons to the 50-year-old actor-producer for recording his statement in connection with the betting racket.

The recording of his statement is still underway, the official said.

In a letter sent to Khan, the police asked him to join the probe in the wake of the arrest of a bookie who was placing bets on the recently-concluded IPL.

Khan reached the office of the Thane Police's Anti-Extortion Cell (AEC) for recording his statement, DCP (Crime) Abhishek Trimukhe said.

On May 15, the AEC busted a racket with the arrest of four people in Mumbai, including Sonu Jalan alias Sonu Malad, who is believed to be one of the top bookies of the country.

During the investigation, a "connection" between Jalan and Khan was established, head of the AEC, Senior Inspector Pradeep Sharma, said on Friday.

"We suspect that Arbaaz Khan had placed bets on IPL matches and want to scrutinise his bank transactions," another police officer had said.

Khan allegedly lost Rs 2.8 crore in betting to Jalan and was not paying the amount, following which the bookie had threatened the actor.

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News Network
February 6,2020

Los Angeles, Feb 6: U.S. silver screen legend Kirk Douglas, the son of Jewish Russian immigrants who rose through the ranks to become one of Hollywood's biggest stars, has died, his family said Wednesday. He was 103.

One of the last survivors of the golden age of cinema and the father of Oscar-winning actor and film-maker Michael Douglas, the Spartacus actor was renowned for the macho tough guy roles he took on in around 90 movies over a six-decade career.

"It is with tremendous sadness that my brothers and I announce that Kirk Douglas left us today at the age of 103," Michael Douglas said in a statement posted to Facebook.

"To the world he was a legend, an actor from the golden age of movies who lived well into his golden years, a humanitarian whose commitment to justice and the causes he believed in set a standard for all of us to aspire to."

Douglas was Oscar-nominated for his roles as a double-crossing and womanizing boxer in Champion (1949), a ruthless movie producer in The Bad and the Beautiful (1952) and tortured artist Vincent Van Gogh in Lust for Life (1956).

But his only Academy Award came in 1995 -- an honorary lifetime achievement statuette "for 50 years as a creative and moral force in the motion picture community."

Douglas is survived by second wife Anne Buydens, 100, and three sons. A fourth child, Eric, died of a drug overdose in his 40s, in 2004.

"(To) me and my brothers Joel and Peter he was simply Dad, to Catherine (Zeta-Jones), a wonderful father-in-law, to his grandchildren and great grandchild their loving grandfather, and to his wife Anne, a wonderful husband," said Michael.

"Kirk's life was well lived, and he leaves a legacy in film that will endure for generations to come, and a history as a renowned philanthropist who worked to aid the public and bring peace to the planet."

Kirk Douglas rose to the heights of Hollywood from an impoverished childhood as the son of Jewish Russian immigrants.

He was one of the last survivors of the golden age of cinema, often portraying the macho and not-always-likeable tough guy in around 90 movies over a six-decade career.

With charming dimples and a cleft chin, Douglas was a renowned ladies' man but also admitted to being angry into adulthood because of his difficult New York childhood.

"I still have anger in me," he said in a New York Times article in 1988 after the release of his first autobiography.

"I think I'm loath to let it go because I think that anger was the fuel I used in accomplishing what I wanted to do; you see it in my films, you see it in imitations people do of me."

Screen legend

The role that perhaps immortalized him as a star was that of a rebellious Roman Empire slave turned gladiator in the 1960 epic Spartacus.

Douglas also produced the film, which took four Oscars. He won praise for listing in the credits the real name of Hollywood screenwriter Dalton Trumbo, who was blacklisted for his Communist sympathies and wrote under a pen name.

There were Oscar nominations for his roles as a double-crossing and womanizing boxer in Champion (1949), a ruthless movie producer in The Bad and the Beautiful (1952) and of tortured artist Vincent Van Gogh in Lust for Life (1956).

But his only Oscar came in 1995 as an honorary lifetime achievement award "for 50 years as a creative and moral force in the motion picture community."

Other major acting roles were as a French private in a botched suicidal mission in World War I in Paths of Glory (1957) and American Western legend Doc Holliday in Gunfight at the O.K. Corral (1957).

"Often cast as a villain, amoral climber or self-obsessed grabber, Kirk Douglas took care to color his hard edges with suggestions of pain, wit and sympathy," says American Film Institute, which ranks him as 17th on its list of the greatest male screen legends.

In the 1970s he stood behind the camera, directing Scalawag (1973) and Posse (1975).

He also took up writing, penning his first autobiography The Ragman's Son in 1988 and following with around 10 other titles.

In the autobiography, Douglas writes: "I always worked in the theory that when you play a weak character, find a moment when he's strong. And if you're playing a strong character, find a moment when he's weak."

Tough childhood

Douglas was born in New York on December 9, 1916 to illiterate Jewish Russian immigrants, an only boy with six sisters.

He started out as Issur Danielovitch, later Izzy Demsky. It was tough, he recounted later, with the family poor, anti-Semitism rife and his distant alcoholic father forced to earn a living as a ragman.

"In a sense, I've always felt on the outside, looking in," he said in the New York Times article.

"It's my background, damn it. My father was an illiterate Russian immigrant, a ragman, the lowest rung on the economic scale."

His dream of a way out was through acting and he started in high school, eventually entering the American Academy of Dramatic Arts and changing his name along the way.

To survive he took jobs as a waiter, labourer and porter. In 1941 he hit Broadway but his budding career was interrupted by service in the Navy. After the war, he headed for Hollywood.

His romantic conquests were many, although he once said he had never counted, and included starls such as Rita Hayworth, Marlene Dietrich, Joan Crawford and Ava Gardner.

Douglas' four sons followed him into cinema.

Oscar-winning actor and producer Michael and Joel were from a marriage to actress Diana Webster, whom he divorced in 1951.

Three years later he married Belgian-American Anne Buydens, having Peter and then Eric, who died in 2004 from an accidental overdose.

Douglas has also brushed death: he survived a helicopter crash in 1991 and a massive stroke in 1996 that nearly robbed him of speech.

Around the time of his 100th birthday in 2016, he attributed his remarkable longevity to his second marriage.

"I was lucky enough to find my soulmate 63 years ago, and I believe our wonderful marriage and our nightly 'golden hour' chats have helped me survive all things," he said in celebrity magazine Closer Weekly.

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Agencies
June 18,2020

New Delhi, Jun 18: Reliance Industries Ltd on Thursday said it has sold a 2.32 per cent stake in its digital unit to Saudi Arabia's Public Investment Fund (PIF) for Rs 11,367 crore, taking the cumulative fund raising to about Rs 1.16 lakh crore in two months.

Starting with Facebook Inc on April 22, Reliance has sold almost 25 per cent of equity in Jio Platforms - the maximum reports suggest the company intends to dilute to financial investors.

The investment by Saudi sovereign wealth fund is "at an equity value of Rs 4.91 lakh crore and an enterprise value of Rs 5.16 lakh crore", the company said in a statement.

With this investment, Jio Platforms has raised Rs 115,693.95 crore from some of the leading global investment powerhouses at a time when the world is deeply impacted by the coronavirus pandemic, resulting in a recession kind of environment for the global economy.

"With the addition of PIF's investment, Jio Platforms has established partnerships with a marquee set of global financial investors, who will contribute to establishing the Digital Society vision for India," the statement said.

Jio Platforms houses India's biggest telecom firm by subscribers, Reliance Jio. With more than 388 million users, Jio has forced out several rivals and driven consolidation in the sector since entering the market in 2016 with free voice services and cut-price data.

Over the past two months, billionaire Mukesh Ambani's oil-to-telecom conglomerate has announced the sale of about $14 billion of assets, completed a Rs 53,124 crore rights issue and slowed the run rate of new investment by a quarter.

These will help Reliance meet its target of paying off Rs 1.61 lakh crore of net debt by the end of the year.
This is PIF's largest investment into the Indian economy to date.

Ambani, chairman and managing director of Reliance Industries, said, "We at Reliance have enjoyed a long and fruitful relationship with the Kingdom of Saudi Arabia for many decades. From oil economy, this relationship is now moving to strengthen India's New oil (data-driven) economy, as is evident from PIF's investment into Jio Platforms."

Yasir Al-Rumayyan, governor of PIF, commented: "We are delighted to be investing in an innovative business which is at the forefront of the transformation of the technology sector in India. We believe that the potential of the Indian digital economy is very exciting and that Jio Platforms provides us with an excellent opportunity to gain access to that growth."

"This investment will also enable us to generate significant long-term commercial returns for the benefit of Saudi Arabia's economy and our country's citizens, in line with our mandate to safeguard and grow the national wealth of the Kingdom," he said.

The transaction is subject to Indian regulatory and other customary approvals.

Morgan Stanley acted as financial advisor to Reliance Industries and AZB & Partners and Davis Polk & Wardwell acted as legal counsels.

Prior to this deal, Reliance had sold 22.38 per cent of Jio Platforms to investors including Facebook Inc, securing Rs 104,326.95 crore in eight weeks.

Facebook kicked off the party, investing Rs 43,573.62 crore for a 9.99 per cent stake on April 22. This was closely followed by a further Rs 60,753.33 crore in investment.

Silver Lake - the world's largest tech investor - bought a 1.15 per cent stake in Jio Platforms for Rs 5,665.75 crore on May 4. It invested another Rs 4,546.80 crore for additional 0.93 per cent stake on June 5, taking its total holding to 2.08 per cent
Private equity KKR and Vista Equity Partners have taken 2.32 per cent stake each for Rs 11,367 crore apiece. KKR invested in Jio Platforms on May 22 while Vista invested on May 8.

Abu Dhabi sovereign wealth fund Mubadala Investment Co picked up 1.85 per cent in Jio Platforms for Rs 9,093.60 crore on June 5. Abu Dhabi Investment Authority on June 7 invested Rs 5,683.50 crore for a 1.16 per cent stake in Jio Platforms.

On May 17, global equity firm General Atlantic picked up 1.34 per cent stake in Jio Platforms for Rs 6,598.38 crore.

Global investment firm TPG on June 13 picked up 0.93 per cent for Rs 4,546.80 crore while L Catterton bought 0.39 per cent for Rs 1,894.50 crore.

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News Network
June 12,2020

An Indian national was killed and four others injured in alleged firing by Nepal police personnel along the India-Nepal border in Bihar's Sitamarhi district today.

Sources said the firing took place after a clash between the Indians and personnel of Nepal police at the Lalbandi-Janki Nagar border in Pipra Parsain panchayat under Sonebarsha police station of the district.

Jitendra Kumar, the additional director general of police (headquarters), confirmed the death and injuries. The place of firing falls under Nepal jurisdiction.

Locals said Vikesh Kumar Rai, 25, died on the spot and Umesh Ram and Uday Thakur received bullet injuries when they were working in an agricultural field. Another person, Lagan Rai, is said to have been detained by the Nepali police.

Injured persons were rushed to Sitamarhi Sadar Hospital for better treatment.

Vikesh Kumar Rai’s father, Nageshwar Rai, said that his agriculture land falls under Narayanpur in Nepal where his son was working.

On May 17, Nepal police had fired blank rounds to disperse dozens of Indians trying to cross the border. It was not clear if they were also farmers.

The district magistrate and the superintendent of police of Sitamarhi have rushed to the spot.

Nepal shares a 1,850-kilometre (1,150-mile) open border with India and people travel across it for work and to visit family. It had closed its international borders on March 22 amid the coronavirus pandemic.

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