SC allows Sahara chief Subrata Roy to go abroad

November 2, 2013

SaharaNew Delhi, Nov 2: The Supreme Court on Friday allowed Sahara Chief Subrata Roy to go abroad and modified its order restraining him from leaving the country till the group hands over title deeds of Rs 20,000 crore to SEBI.

A bench of justices K.S. Radhakrishnan and J.S. Khehar considered the application of the group seeking modification in the order in chamber.

Roy's counsel and senior advocate C.A. Sundaram, who was present in the chamber, said after comming out that the bench accepted the plea for allowing Roy to abroad.

Sahara had moved the apex court on October 29 claiming that there was a mistake in its October 28 order restraining Roy from leaving the country till it hands over title deeds of its properties to SEBI. It had submitted that that there was difference in the decision which was uploaded on the Supreme Court website and the order passed in the open court.

The counsel had submitted that while passing the order, the apex court had said if documents are not handed over to the market regulator within three weeks only then Roy would be restrained from going abroad.

Holding that it was playing 'hide and seek' and cannot be trusted any more, the court had directed Sahara Group to hand over title deeds of its properties to SEBI.

Making it clear that there is no 'escape' from depositing the investors' money with the market regulator, the apex court had asked Sahara to also give valuation reports of properties to SEBI which will verify worth of assets.

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News Network
February 24,2020

Feb 24: India captain Virat Kohli had no qualms in admitting that his team was outplayed by New Zealand in the opening Test but said they "can't help" if a few want to make a "big deal" out of the 10-wicket defeat. Hosts New Zealand thrashed India by 10 wickets at the Basin Reverse on Monday to go 1-0 ahead in the two-match series. This was India's first defeat in the World Test Championship, coming after two inept batting efforts. "We know we haven't played well but if people want to make a big deal out of it, make a mountain out of it, we can't help it as we don't think like that," the skipper said at the post-match media interaction.

Kohli said he fails to comprehend why one Test match defeat should be made to look like the end of the world for his team.

"For some people, it might be the end of the world but it's not. For us, it's a game of cricket that we lost and we move on and keep our heads high," Kohli said.

It is the acceptance of defeat that defines the character of a side, the world's premier batsman said.

"We understand that we need to play well to win, also at home. There's no cakewalk at international level as teams will come and beat you. You accept it and that defines our character as a side."

It is the acceptance of defeat that defines the character of a side, the world's premier batsman said. "We understand that we need to play well to win, also at home. There's no cakewalk at international level as teams will come and beat you. You accept it and that defines our character as a side."

If he had given credence to the "outside chatter", he said the team wouldn't have been where it is now.

"That's why we have been able to play this kind of cricket. If we would have paid attention to the outside chatter, we would again be at No. 7 or 8 in the rankings. We don't really bother about what people are saying on the outside," the skipper said.

One defeat can't make a team, which has been winning games of Test cricket, "bad overnight".

"If we have lost then we have no shame in accepting that. It means we didn't play this game well. It doesn't mean that we have become a bad team overnight. People might want to change our thoughts, but it doesn't work like that."

The self-belief is intact and Kohli was confident the team would come back stronger in the second Test, to be held in Christchurch in four days time.

"We will work hard, and after four days play just like we have played all these years. Just because we have lost one match in between all wins, doesn't mean that the belief is gone. The dressing room thinks differently and team atmosphere is different."

Kohli felt that there is a very thin line between being ultra-defensive and over-attacking, something that his team didn't get it right in this Test match.

"New Zealand got into the mind of the batsmen and make the batsmen do something that they don't want to. think that's a very thin line and a very delicate balance of when to attack and when to put bowlers under pressure which we failed to do in this match and there is no harm in accepting that."

According to Kohli, it was a combination of both good bowling from the Kiwis and Indian batsmen not putting the pressure back on bowlers, which led to the drubbing.

"That has got to do with partly good bowling from New Zealand and partly us not pressing that momentum on to them when required. "It was perfect for them because they bowled well and we allowed them to bowl well for longer periods rather than doing something about it in a partnership."

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News Network
January 15,2020

Dubai, Jan 15: India skipper and batting mainstay Virat Kohli was on Wednesday named captain of the International Cricket Council's ODI and Test teams of the year, capping off a memorable season for the world No.1.

Apart from Kohli, there were four other Indians who were picked in the ICC's Test and ODI Teams of the Year.

While the Test team featured double-centurion Mayank Agarwal, opener Rohit Sharma, speedster Mohammed Shami and left-arm spinner Kuldeep Yadav found a place in the ODI side.

Kohli enjoyed a tremendous run in both the formats in 2019. The 31-year-old hit his seventh Test double hundred on the way to a career-best unbeaten 254 against South Africa in October last year.

It was a breakthrough year for opener Agarwal, who smashed two double tons, one century and went beyond the fifty-run mark twice. He hit a career-best score of 243 against Bangladesh in November.

Kuldeep, too, enjoyed a memorable year as he joined the golden list of bowlers with two hat-tricks. The chinaman claimed his second ODI hat-trick of his career against the West Indies last month.

In the absence of Indian pace spearhead Jasprit Bumrah, Shami rose to the occasion making the best in the business hop, skip and jump with his pace, swing and bounce through the season. He scalped 42 wickets in 21 ODIs over the last 12 months.

The ICC's Teams of the Year 2019:

ODI Team of the Year (in batting order): Rohit Sharma, Shai Hope, Virat Kohli (captain), Babar Azam, Kane Williamson, Ben Stokes, Jos Buttler (wicketkeeper), Mitchell Starc, Trent Boult, Mohammed Shami, Kuldeep Yadav

Test Team of the Year (in batting order): Mayank Agarwal, Tom Latham, Marnus Labuschagne, Virat Kohli (captain), Steve Smith, Ben Stokes, BJ Watling (wicketkeeper), Pat Cummins, Mitchell Starc, Neil Wagner, Nathan Lyon.

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Agencies
August 6,2020

New Delhi, Aug 6: The BCCI on Thursday suspended the IPL title sponsorship deal with Chinese mobile phone company Vivo for the event's upcoming edition amid heightened tensions in Sino-India diplomatic ties.

The BCCI sent out a one-line statement, without giving details, saying that Vivo would not be associated with the IPL this year. "The Board of Control for Cricket in India (BCCI) and vivo Mobile India Pvt Ltd have decided to suspend their partnership for Indian Premier League in 2020," the statement said.

Meanwhile, Vivo released its own statement saying that the two entities "have mutually decided to pause their partnership for the 2020 season".

Vivo won the IPL title sponsorship rights for five years from 2018 to 2022 for a reported sum of Rs 2,190 crore, approximately Rs 440 crore per annum.

The two parties are now working out a plan in which Vivo might come back for a fresh three-year period starting 2021 on revised terms.

However, a top BCCI official offered a different view. "Here we are talking about diplomatic tensions and you expect that after November, when IPL ends and before the next IPL starts in April 2021, there would be no anti-China sentiment? Are we serious?" a veteran BCCI official said on conditions of anonymity.

The anti-China sentiment in the country peaked after the violent face-off between the Indian and Chinese troops in eastern Ladakh. India lost 20 soldiers in the clash, while China also acknowledged unspecified casualties.

The stand-off at the Line of Actual Control (LAC) caused outrage across India with several calls for boycotts of Chinese companies and products.

The BCCI is now likely to float a tender for new IPL title sponsors as mandated by its constitution. The glitzy T20 league starts on Sept. 19 in the UAE, forced out of India due to the rising COVID-19 cases.

The new development is in stark contrast to what came out of Sunday's IPL's Governing Council meeting, where it was decided that Vivo, along with all the other sponsors, will remain on board.

This was after the BCCI had announced in June that all sponsorship deals pertaining to IPL will be reviewed in the aftermath of the clash in the Galwan Valley.

However, after Sunday's meeting, there was a huge backlash on social media about the BCCI holding on to Vivo.

Both parties then began thrashing out an amicable separation plan, at least for this season.

However, the end of this deal could spell losses for the franchises as they get a substantial share from the sponsorship pool. Half of the annual Vivo sponsorship money is distributed equally among eight franchises, which comes to Rs 27.5 crore.

"As of now, it will be very difficult for the BCCI to match the sponsorship amount at such short notice. Therefore, both BCCI and the franchises should be prepared to lose out on some money -- BCCI more but each franchise from Vivo's exit will potentially lose 15 crore," the official said.

"This year will be difficult for everyone but the show must go on," the official said.

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