Asia Cup final: India beat Malaysia 2-1 to win third Asia Cup title

Agencies
October 22, 2017

Dhaka, Oct 23: India on Sunday ended their 10-year wait for continental triumph when they beat a gutsy Malaysia 2-1 in a nail-biting final to clinch their third Asia Cup hockey title.

India, which won the Asia Cup last time in 2007 in Chennai, scored from field efforts through Ramandeep Singh (3rd minute) and Lalit Upadhyay (29th) to dash Malaysian hopes. Malaysia were in summit clash for the first time since tournament's inception.

The ever-improving Malaysians, however, fought valiantly and didn't give up for a single minute. Their efforts bore fruit in the 50th minute when Shahril Saabah pulled one goal back.

The Indians, ranked sixth in the world, were in for nervous last 10 minutes but the defence did enough to hold on to the lead.

Pakistan won the bronze medal after edging out Korea 6-3 in the third-fourth place play-off match earlier in the day.

For India' new chief coach Marijne Sjoerd, it was perfect start to his stint as the Asia Cup was his maiden tournament in charge of the senior national side.

The top-ranked Indians finished unbeaten in the tournament, having won all their matches except for the 1-1 draw against Korea in the Super 4s stage.

Today's win was India's second victory over Malaysia in the tournament, having beaten them 6-2 in the Super 4s stage.

For Malaysia, it was their best result in the tournament. They had earlier won the bronze in the 2007 edition of the event in Chennai.

The Indians came out all guns blazing and took the lead as early as the third minute through Ramandeep, who scored from a rebound after his initial deflection from SV Sunil's cross hit the post.

Chinglensana Singh's reverse hit from close range then went wide as India wasted a golden chance.

It was a battle fought on even keel between the two teams as Malaysia secured their first penalty corner in the 13th minute but wasted it.

Harmanpreet Singh was then denied by Razie Rahim as he made a goalline save to keep out the Indian defender's flick from India's first penalty corner.

Minutes later Malaysian goalkeeper Kumar Subramaniam made double save -- first kept out Akashdeep Sinh's shot and then denied Amit Rohidas from the resultant set piece.

A minute before the half time, Lalit doubled India's lead when he beautifully deflected home Sumit's reverse hit cross from the left flank.

After the change of ends, Lalit and Ramandeep came tantalisingly close to extending India's tally of goals but their shots from inside the D were off target.

Down by two goals, the Malaysians came out all guns blazing in the fourth and final quarter in search of the equaliser and gave the Indian defence a run for their money.

After wasting their second penalty corner, Malaysia came back into the match when Saabah scored from close range in the 50th minute as the Young Indian defence wilted under pressure for a second.

It was nervous last 10 minutes for the Indians as Malaysia mounted attack after attack in search of an equaliser.

In the form of their third penalty corner, Malaysia had a golden opportunity to take the match into shoot-out but the Indian defence stood tall to maintain their slender lead.

With three minutes from the hooter, Malaysia withdrew goalkeeper Subramaniam for an extra player but the move failed to yield desired result as the Indians managed to hold on to their lead for a famous victory.

Comments

ahmed
 - 
Monday, 23 Oct 2017

Alhamdhulillah ...By the grace of Allah Swt  Indian Hockey team won the cup...Great achivement by Indian hockey players ...with team work...

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News Network
June 16,2020

New Delhi, Jun 16: Jet fuel or ATF price on Tuesday was hiked by 16.3 per cent while petrol price was increased by 47 paise per litre and that of diesel by a record 93 paise on the back of firming international oil rates.

Aviation turbine fuel (ATF) price was hiked by ₹5,494.5 per kilolitre (kl), or 16.3 per cent, to ₹39,069.87 per kl in the national capital, according to a price notification by state-owned oil marketing companies.

This is the second straight increase in ATF price this month. Rates were hiked by a record 56.5 per cent (₹12,126.75 per kl) on June 1.

Simultaneously, petrol and diesel prices were hiked for the 10th day in a row.

Petrol price in Delhi was hiked to ₹76.73 per litre from ₹76.26, while diesel rates were increased to ₹75.19 a litre from ₹74.26, the price notification said.

In 10 hikes, petrol price has gone up by ₹5.47 per litre and diesel by Rs 5.8 a litre.

Rates have been increased across the country and vary from state to state depending on the incidence of local sales tax or VAT.

The hike in diesel rates is the highest daily increase since the state-owned fuel retailers started daily revision in rates in May 2017.

Hike for 10th consecutive day

Tuesday’s increase in petrol and diesel price marks the 10th straight day of rise in rates since oil companies on June 7 restarted revising prices in line with costs, after ending an 82-day hiatus.

The freeze in rates was imposed in mid-March soon after the government hiked excise duty on petrol and diesel to shore up additional finances.

Oil PSUs Indian Oil Corp (IOC), Bharat Petroleum Corp Ltd (BPCL) and Hindustan Petroleum Corp Ltd (HPCL) instead of passing on the excise duty hikes to customers adjusted them against the fall in the retail rates that was warranted because of fall in international oil prices.

The June 1 hike in jet fuel price had come after seven consecutive reductions in rates since February. ATF price in Delhi before the reduction cycle began in February was ₹64,323.76 per kilolitre, which got reduced to ₹21,448.62 last month.

Industry officials said the hike was necessitated because benchmark international rates have bounced back from a two-decade low.

While ATF prices are revised on 1st and 16th of every month, petrol and diesel prices are revised on a daily basis.

Oil companies used to revise ATF prices on the first of every month, but adopted fortnightly revisions on March 21 to pass on the benefit of falling international oil prices to airlines.

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News Network
March 6,2020

New Delhi, Mar 6: Union Finance Minister Nirmala Sitharaman on Friday will move the Insolvency and Bankruptcy Code (Second Amendment) Bill, 2019 for consideration and passing in Lok Sabha.

In December last year, the Union Cabinet had approved a proposal to promulgate an ordinance to amend the Insolvency and Bankruptcy Code (IBC) 2016.

The amendments will remove certain ambiguities in the IBC 2016 and ensure smooth implementation of the code, an official statement said.

The move is aimed at easing the insolvency resolution process and promoting the ease of doing business. Aimed at streamlining of the insolvency resolution process, the amendments seek to protect last-mile funding and boost investment in financially-distressed sectors.

Under the amendments, the liability of a corporate debtor for an offence committed before the corporate insolvency resolution process will cease.

The debtor will not be prosecuted for an offence from the date the resolution plan has been approved by the adjudicating authority if a resolution plan results in change in the management or control of the corporate debtor to a person who was not a promoter or in the management or control of the corporate debtor or a related party of such a person.

The amendments are aimed at providing more protection to bidders participating in the recovery proceedings and in turn boosting investor confidence in the country's financial system.

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Agencies
May 17,2020

New Delhi, May 17: Eight of the 10 most valued domestic firms suffered a combined erosion of Rs 1,37,311.31 crore in market valuation last week, with Reliance Industries (RIL) taking the biggest knock.

Only Bharti Airtel and ITC from the top-10 list managed to close the week with gains.

RIL's market cap plunged Rs 65,232.46 crore to Rs 9,24,855.56 crore.

The market valuation of HDFC Bank declined Rs 22,347.07 crore to Rs 4,87,083.88 crore and that of Hindustan Unilever Limited tanked Rs 13,192.26 crore to Rs 4,77,458.89 crore.

ICICI Bank's market cap dropped Rs 9,770.06 crore to Rs 2,08,900.79 crore.

Infosys witnessed a decline of Rs 9,518.84 crore in valuation to reach Rs 2,77,814.09 crore while that of HDFC tumbled Rs 9,370.38 crore to Rs 2,83,293.70 crore.

The m-cap of Kotak Mahindra Bank slipped by Rs 7,805.2 crore to Rs 2,25,327.22 crore.

Tata Consultancy Services' market valuation dipped Rs 75.04 crore to Rs 7,10,439 crore.

In contrast, Bharti Airtel added Rs 13,147.89 crore to its valuation to stand at Rs 3,02,292.43 crore.

ITC's valuation also rose by Rs 7,744.11 crore to Rs 2,02,330.13 crore.

In the ranking of top-10 firms, RIL retained the number one spot, followed by TCS, HDFC Bank, HUL, Airtel, HDFC, Infosys, Kotak Mahindra Bank, ICICI Bank and ITC.

During the last week, the Sensex declined 544.97 points or 1.72 per cent.

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