Ex-BCCI chiefs felt that IPL matches were fixed: Probe report

February 10, 2014

Mumbai, Feb 10: In a sensational claim, two former presidents of the BCCI told Justice Mudgal led committee that matches in the Indian Premier League were fixed and the matter required a thorough investigation.IPL

The committee's report, submitted today to the Supreme Court, said this was also the general perception of many people who deposed before the SC-constituted panel.

"The Committee would like to state there is a general perception amongst many persons who deposed before the panel that matches involving Chennai Super Kings (CSK) and other IPL teams were fixed and required through investigation.

"The said observations were in fact made by two former Presidents of BCCI. However, since it is impossible for this committee to make a roving enquiry into all matches, the committee is of the view that the said issue has to be taken up by concerned investigating agencies, if any specific allegation/leads are made available to them," according to page 49 of the report.

Four ex-chiefs of BCCI - AC Muthiah, IS Bindra, Jagmohan Dalmiya and Shashank Manohar - had deposed before the three-member committee, formed late last year to probe charges of betting and spot-fixing in IPL, among other issues.

The report does not identify which two from this quartet made the sensational claim about matches being fixed in the lucrative league.

Retired cricket legends Sachin Tendulkar, Rahul Dravid, Anil Kumble and Sourav Ganguly - who have played in the T20 league in the past - were among several persons who had appeared before the panel, along with current Team India skipper Mahendra Singh Dhoni.

In another revelation, the report said sacked IPL Commissioner Lalit Modi was instrumental in current BCCI chief N Srinivasan making a bid for an IPL team (CSK) when he was an office-bearer in the Board then headed by Sharad Pawar.

Modi and Srinivasan, the friends-turned-foes, had been at loggerheads over various issues, the current one being on the Rajasthan Cricket Association elections.

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News Networkwork
May 14,2020

Bengaluru, May 14: ABB India has posted a profit after tax of Rs 66 crore during the first quarter (January to March) due to lower volumes including service revenue and unfavourable mix.

In Q1 CY19, it had reported a profit after tax of Rs 89 crore. ABB India follows calendar year as its fiscal year.

The company reported a profit including exceptional items and before tax of Rs 87 crore. The resultant under-absorption and mark-to-market impact due to forex volatility were partly offset by refund incomes and a one-time gain on sale of solar business during the quarter.

Revenues for the first quarter stood at Rs 1,522 crore, impacted by lower sales, non-receipt of delivery clearance, lower service revenue in the nationwide lockdown due to the COVID-19 pandemic. This impact primarily occurred in March, the company said in a statement.

ABB India said it continues to maintain a stable cash position of Rs 1,464 crore as on March 31 in a market where cash collection continues to be a challenge.

Besides, despite many activities coming to a standstill in March, the quarter was marked by commissioning for a mining major at Raigarh in Chhattisgarh, electrical and automation systems for a cement major and port and electrics, drives and automation for a leading mill in Bangladesh.

Terminal installation and commissioning for LPG, power management electrical control system for a leading refinery and commissioning of two units of a power plant in Kerala are some of the other projects where ABB's involvement ensured continuity and safe operations, it said.

On a global scale, the impact of COVID-19, as well as the fall in oil prices, has significantly impacted the short-term outlook. The global economy is expected to contract in 2020 after a rapid deterioration in outlook driven by the pandemic.

Despite unprecedented stimuli by governments and central banks around the world and initial signs of recovering economic activity in China, macro-indicators point to a global recession of uncertain duration as many countries continue to face restrictions with anticipated long-term economic consequences, said ABB India.

While the company is taking prompt action to adapt its operations and cost base to safeguard profitability, it expects the results in the coming quarter to be impacted due to the loss of volumes.

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News Network
June 10,2020

New Delhi, Jun 10: Petrol price on Wednesday was hiked by 40 paise per litre and diesel by 45 paise, the fourth straight daily increase in rates after oil PSUs ended an 82-day hiatus in rate revision. Petrol price in Delhi was hiked to Rs 73.40 per litre from Rs 73, while diesel rates were increased to Rs 71.62 a litre from Rs 71.17, according to a price notification of state oil marketing companies.

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

This is the fourth daily increase in rates in a row since oil companies on Sunday restarted revising prices in line with costs, after ending an 82-day hiatus.

In four hikes, petrol price has gone up by Rs 2.14 per litre and diesel by Rs 2.23.

Latest petrol, diesel prices in top cities:

New Delhi: Petrol ₹73.40. Diesel ₹71.62

Gurgaon: Petrol ₹72.86. Diesel ₹64.90

Mumbai: Petrol ₹80.40. Diesel ₹70.35

Chennai: Petrol ₹77.43. Diesel ₹70.13

Hyderabad: Petrol ₹76.20. Diesel ₹70b

Bengaluru: Petrol ₹75.77. Diesel ₹68.09

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News Network
March 23,2020

Thrissur, Mar 23: Kerala police on Monday has booked a Catholic priest for violating the Covid-19 advisory against conducting Holy Mass in which more than 100 people attended.

Fr. Pauly Padayatti, vicar of Nithya Sahaya Matha (Mother of Perpetual Help) church at Koodapuzha near Chalakudy in Thrissur district has been arrested by the police.

Despite the strict restrictions of the health department and the Kerala Catholic Bishops Council (KCBC) to temporality suspend church services involving laity in churches, the vicar conducted the Holy Mass on Monday.

The police have also registered case against the devotees for violating the guidelines by attending the service.

The top church leadership including Cardinal Mar George Alencherry repeatedly urged the laity not to go to churches for Holy Mass or other services.

The faithful have been asked to participate in the online streaming of Holy Mass by bishops and priests and pray from their homes.

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