Indian athletes at Rio provided life insurance cover of Rs 1 crore

April 24, 2016

New Delhi, Apr 24: In a first of its kind move, the Rio Olympics-bound Indian athletes were on Saturday presented with a life insurance cover worth Rs 1 crore even as the Indian Olympic Association roped in three sponsors in its quest for financial independence.

ioc

Edelweiss Tokio Life Insurance of financial conglomerate Edelweiss Group, which will be the principal sponsor of the Indian contingent at Rio Olympics, offered a life insurance cover of Rs 1 crore for each athlete representing India at the Rio Olympics.

“We are happy to announce that each of the athletes who will represent India in Rio Olympics will be given a life insurance cover of Rs 1 crore,” Edelweiss Financial Services Executive Director Rujan Panjwani said at an event to announce Bollywood actor Salman Khan as goodwill ambassador of the Indian contingent for Rio Olympics.

IOA Secretary General Rajeev Mehta hoped that the Edelweiss Group will continue to provide the life insurance cover to future Olympics also.

“We have discussed this (life insurance for future Olympians) and they are positive about this. I hope they continue to provide life insurance cover to Indian athletes in future Olympics,” Mehta said.

Besides Edelweiss, which will be the principal sponsor, the IOA also roped in sporting goods company Li Ning as the apparel partner and Herba Life as the nutrition partner.

“We have roped in three sponsors for the Indian Olympic contingent. This has set the ball rolling in our quest for the financial independence of the IOA and to sell IOA as a brand. This will allow the IOA to realise its dream of giving more funds to the NSFs and the athletes so that they can win more medals in the Olympics,” IOA President N Ramachandran said.

IOA’s official marketing agency IOS Sports and Entertainment helped it in finding the official partners.

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News Network
May 18,2020

Karachi, May 18: Former Pakistan captain Younis Khan believes it is at least five years too early to compare Virat Kohli and Babar Azam as the Indian skipper has proven himself in "every kind of situation" and the latter has not.

"Virat Kohli is far more experienced than Babar. He has at least five years more experience of top cricket and he is at the peak of his career," said Younis, Pakistan's leading run-getter in Tests.

"Kohli has far more exposure than Babar and he has been in every kind of situation and proven himself. No one gets 70 international centuries like that and this are proof of his class and abilities. He has scored runs in every situation and all opposition."

Younis said said Babar still has a long way to go.

"Babar has been in top cricket for just around five years. He has got a very impressive batting average across all three formats and he is getting better by the day.

"You see him batting and you can see he has got the same qualities that Kohli had at the start of his career."

Besides amassing 70 international hundreds, 31-year-old Kohli averages more than 50 in all three formats. The India skipper has scored more than 20,000 runs while 25-year-old Babar has 6680 runs across formats though the Pakistan limited overs skipper has played significantly lesser number of games.

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News Network
May 24,2020

Melbourne, May 24: Former Australia captain Mark Taylor does not foresee the T20 World Cup scheduled in October-November going ahead and wants the ICC to take a decision during its Board meeting this week.

Taylor also feels that if IPL takes place during the window the T20 World Cup was to be held, the Australian players are likely to be cleared by their Board to take part in the cash-rich league in India.

The ICC Board meets on May 28 to discuss a host of issues related to COVID-19 pandemic, including a revamped schedule and the fate of the men's T20 World Cup in Australia.

For latest updates and live news on coronavirus, click here

"My feeling is the World T20 won't go ahead in Australia in October as planned. Is it going to be viable to have a world tournament in October or November? The answer to that is probably no," Taylor, also a former Cricket Australia (CA) director, was quoted as saying by 'Nine Network'.

"It would probably be good (if a decision is made this week). Because then everyone can start planning and we can stop sitting here and saying 'well ifs, buts or maybes'."

CA chief executive Kevin Roberts has said that a call on the fate of the T20 World Cup, scheduled to be held from October 18 to November 15, may potentially not come until August.

Read: Coronavirus India update: State-wise total number of confirmed cases, deaths

But players and administrators around the world are keen for some certainty and many have predicted that the 16-team event will soon be postponed.

There are reports that the BCCI is eyeing the October window for the IPL though officially it maintained, that it will not consider new dates of the cash-rich league until the T20 World Cup's fate is decided.

Taylor said the CA wants to keep BCCI happy so the Australia players are likely to be cleared for the IPL if it happens in October.

Pat Cummins, who was bought for a record amount of Rs 15.50 crore in last year's IPL auction, is among the Australians keen to take part in this year's competition.

"The Cricket Australia board will want to keep India happy. So they may want to let the players go to India if the IPL goes ahead," Taylor said.

"Because they want India to come here this summer and play, which will be our biggest summer in terms of dollars. That's the sort of discussion going on. No doubt."

Virat Kohli's team is scheduled to arrive in Australia for a Test tour starting November, which will go along way in addressing CA's financial woes triggered by teh COVID-19 pandemic.

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Agencies
July 30,2020

New Delhi Jul 30: After Pakistan cricketer Umar Akmal's ban was reduced to 18 months, Danish Kaneria criticised Pakistan Cricket Board's (PCB) policies and said that the 'zero tolerance policy' applies only to him.

"Zero Tolerance policy only apply on Danish Kaneria not on others, can anybody answer the reason why I get life ban not others, Are policy applies only on cast, colour, and powerful background. I am Hindu and proud of it that's my background and my dharma," Kaneria tweeted.

Earlier on Wednesday, Akmal's three-year suspension was reduced to 18 months by an independent adjudicator, former Pakistan Supreme Court judge, Faqir Mohammad Khokhar.

On April 27, the Chairman of the Disciplinary Panel, Justice (retd) Fazal-e-Miran Chauhan, had banned the wicketkeeper-batsman for three years after finding him guilty of breaching the PCB's Anti-Corruption Code in two separate incidents.

Akmal, on May 19, filed an appeal against the three-year ban imposed on him, seeking a reduction in the duration of the sanction. He will remain suspended effectively from February 2020 till August 2021.

The batsman said he might appeal again to get the ban "reduced further".

"I am thankful to the judge for listening to my lawyers properly. I will decide about the remaining sentence and try to get it reduced further. For now I am not satisfied and will consult my lawyers and family how to take this ahead," ESPNcricinfo had quoted Akmal as saying.

"There are many players before me who made mistakes and just look at what they got and what I got. So all I say right now is thank you very much," he had added.

On the other hand, Kaneria was found guilty of spot-fixing while playing for English club Essex and was banned from the sport.

Earlier this month, Pakistan's cricket governing body 'advised' Kaneria to approach England and Wales Cricket Board (ECB) if he wants to play domestic cricket after the cricketer had appealed to the PCB, seeking permission to play domestic cricket. 

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