India exit after consolation win

New Delhi, Feb 5: IPL franchise Kolkata Knight Riders (KKR) has denied any financial dealings with the controversial Rose Valley Group except for it being a sponsor of the side's official jerseys in 2012 and 2013.

KKR issued the clarification after the Enforcement Directorate (ED) attached Rose Valley's assets worth over Rs 70 crore on Monday. The attached assets include Rs 11.87 crore bank deposits of Knight Riders Sports Pvt Ltd, that owns KKR, in connection with a money laundering probe.

The franchise said it hopes for the matter to be resolved expeditiously.

"Rose Valley Hotels was one of KKR's IPL jersey sponsors for IPL seasons 2012 and 2013. Rose Valley had paid KKR an approx. amount of Rs 11.87 crore as sponsorship fees," KKR CEO Venky Mysore said in a statement.

"KKR had no other dealings with the Rose Valley Group including Rose Valley’s micro finance business," he added.

The statement added that in July last year, KRSPL (Knight Riders Sports Pvt Ltd), received a "witness summon" from the ED in connection with an investigation relating to the Rose Valley Group, particularly its micro finance business.

"The ED continues the investigation of Rose Valley. KKR continues to cooperate with the authorities in all respects," Mysore said.

"As part of the investigative process, sometime in October 2019, the ED placed a lien on the said amount earlier paid by Rose Valley to KKR," he asserted.

The directors of KRSPL include Shah Rukh Khan's wife Gauri Khan, actor Juhi Chawla's husband Jay Mehta, Mysore and two others.

Mysore was questioned in this case by ED's Kolkata office in October last year.

Apart from KRSPL, the ED attached properties of two other entities -- Multiple Resorts Pvt. Ltd. and Kolkata's St Xavier's College on Monday.

The ED registered an FIR against the Rose Valley group, its chairman Gautam Kundu and others under the Prevention of Money Laundering Act in 2014.

Kundu was arrested by the agency in Kolkata in 2015 and is in judicial custody at present.

The ED has filed multiple charge sheets in Kolkata and Bhubaneswar courts in this connection and total attachments are now worth Rs 4,750 crore.

The group has been charged by the ED and the CBI with "illegally and fraudulently collecting deposits from public with the intention to cheat them by falsely promising high returns on their investment", thereby perpetrating a ponzi-like fraud.

Wellington, Feb 22: shant Sharma's lion-hearted bowling effort met its match in Kane Williamson's elegance as New Zealand ended an attritional second day of the opening Test against India with a slight upper-hand, here on Saturday.

After another lower-order collapse that saw India get bundled out for 165, Ishant, coming straight back from an ankle injury, took three for 31 in 15 overs despite Williamson's effortless 89 in New Zealand's day-end score of 216 for 5.

New Zealand now lead by 51 runs.

Mohammed Shami (1/61 in 17 overs), during his final spell of the day, removed Williamson, who couldn't check an uppish drive. Henry Nicholls' (17 off 62 balls) struggle seemed to have hampered Williamson's rhythm.

During the final hour, Ravichandran Ashwin (1/60 in 21 overs), who also bowled beautifully throughout the day, relieved Nicholls' of his agony with a delivery that had drift and a hint of turn as India skipper Virat Kohli snapped the low catch at second slip.

Williamson looked good as he hit some delightful strokes square off the wicket. The square drive on the rise off Jasprit Bumrah (0/62 in 18.1 overs), followed by a cover drive, showed his class.

In all, the New Zealand skipper hit 11 boundaries off 153 balls.

Bumrah, in particular, was punished by Williamson, who also back-cut him for a boundary and Taylor then punished another half volley through the covers.

There were quite a few loose deliveries on offer from the Indian pacers and in between a few did beat the bat. With the 'Basin' baked in sunshine, batting became lot more easier and Black Caps seized the initiative.

Bumrah, in particular, failed to find his length consistently. Either he bowled too full and drivable length deliveries or too short that even Rishabh Pant failed to gather with the ball going a couple feet over his head.

This is where Ishant came into the picture. While he was lucky to get opener Tom Latham out with a delivery drifting on leg-stump, the other opener Tom Blundell (30) had a typical Ishant dismissal written all over it.

The ball was full on the off-stump channel and jagged back enough to find the gap between his bat and pad.

Williamson and Taylor then had a partnership of 93 runs during which New Zealand also got the lead before Ishant, coming back for his third spell, bowled one that reared up from good length and proved to be an easy catch for Cheteshwar Pujara at short-leg.

Once Nicholls came in, Williamson, who was batting fluently, suddenly had a player at the opposite end who scored only 4 off 34 balls.

Looking good for his 22nd Test hundred, Williamson, in his bid to get another boundary, couldn't check a cover drive and the low catch was taken by substitute fielder Ravindra Jadeja.

Earlier, New Zealand's debutant Kyle Jamieson and veteran Tim Southee took four wickets apiece as Indian innings folded in 68.1 overs.

Jamieson (4/49 in 16 overs) and Southee (4/49 in 20.1 overs) took four of the five wickets that fell on the second morning with India adding only 43 runs to their overnight score of 122 for 5.

Rishabh Pant (19) started with a six but then a horrible mix-up with senior partner Ajinkya Rahane (46) resulted in a run-out and the little chance of recovery was gone for good.

It was a poor call from the senior player and Pant had to sacrifice his wicket in the process.

Ashwin then received a beauty from Southee, pretty similar to what Prithvi Shaw got, while Rahane inside edged one while trying to leave it alone.

With India at 132 for 7, Rahane knew that time was running out as he played a square drive off Trent Boult to get him a boundary.

Southee then got rid of Rahane when he tried to shoulder arm a delivery that made a late inward movement. Mohammed Shami's entertaining 21 then enabled the visitors to cross the 150-run mark.

Karachi, Mar 26: Pakistan's centrally-contracted cricketers will contribute Rs 5 million to the national government's emergency fund to combat the COVID-19 pandemic.

Pakistan Cricket Board Chairman Ehsan Mani on Wednesday said apart from centrally-contracted players contributing Rs 5 million, the employees in the board, up to the senior manager level, will contribute their one day's salary.

Those employed as general managers or on higher posts will give two days' salary to the fund.

"The PCB will collect all these funds and deposit it to the government's coronavirus fund," he said.

Pakistan has recorded more than 1,000 positive cases of the deadly virus, which has claimed more than 19,000 lives all over the world.

"It is the history of the cricket board that we always stand by the government in difficult times," Mani said.

The PCB has already given its high performances centre in Karachi at the national stadium to be used by paramedical staff working at the special coronavirus hospital set up at the expo centre in the in the city.

Mani said though cricket has been disrupted by the virus outbreak but it was far more important for the nation to stand by the government and also take all precautionary steps during the pandemic.

Pakistan's centrally-contracted players are entitled to monthly salaries ranging from Rs 5 to 12 lakh besides match fee and other earnings.