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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Agencies
February 13,2020

New Delhi, Feb 13: Sanjiv Chawla, a key accused in the match-fixing scandal involving former South African cricket team captain Hansie Cronje in 2000, was extradited from the UK on Thursday, Delhi Police said.

The 50-year-old British national, accompanied by a crime branch team from London, reached IGI Airport this morning, a senior officer said.

He is likely to be taken to the crime branch office for questioning, he added.

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News Network
July 12,2020

New Delhi, Jul 12: Former India batsman Sachin Tendulkar has urged the International Cricket Council (ICC) to do away with 'umpire's call' whenever a team opts for a review regarding a leg-before wicket (LBW) decision.

The Master Blaster has also said that a batsman should be given out if the ball is hitting the stumps.

Whether more than 50 per cent of the ball is hitting the stumps or not should not be matter, he further stated.

"What per cent of the ball hits the stumps doesn't matter, if DRS shows us that the ball is hitting the stumps, it should be given out, regardless of the on-field call," Tendulkar tweeted.

With this tweet, the former India batsman also shared a video, in which he has a discussion with Brian Lara regarding the working of DRS.
"One thing I don't agree with, with the ICC, is the DRS they have been using for quite some time. It is the LBW decision where more than 50 per cent of the ball must be hitting the stumps for the on-field decision to be overturned," Tendulkar said in the video.

"The only reason they (the batsman or the bowler) have gone upstairs is that they are unhappy with the on-field decision, so when the decision goes to the third umpire, let the technology take over, just like in tennis, it's either in or out, there's nothing in between," he added.

This call for doing away with umpire's call has been recommended by many former players.
Whenever a verdict pops up as 'umpire's call, the decision of the on-field umpire is not changed, but the teams do not lose their review as well.

ICC recently introduced some changes to the game of cricket, and they gave all teams liberty of extra review as non-neutral umpires will be employed in Test matches due to the coronavirus pandemic.

As a result, all teams will now have three reviews in every innings of a Test match. 

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Agencies
January 26,2020

New Delhi, Jan 26: The sports fraternity on Sunday extended greetings to the people on the occasion of the 71st Republic Day.

Former cricketer Sachin Tendulkar took to Twitter to write: "Wishing all Indians a very happy Republic Day."
"Rejoice the Glory of India and it's Freedom Fighters on this Republic Day. Wish you a very happy #RepublicDayIndia . Jai Hind !" former batsman VVS Laxman tweeted.

"Wish you all a very happy #RepublicDay2020 from here in New Zealand," Irfan Pathan tweeted.

Boxer Vijender Singh said India is blessed with different religions, societies, cultures and languages.

"INDIA is a nation where humanity has lived since ages.It is a country which is blessed with different religions,societies,cultures & languages all interplaying with each other in harmony. PROUD OF UNITY IN DIVERSITY #RepublicDayIndia #RepublicDay2020," Singh wrote on the micro-blogging site.

Former cricketer Virender Sehwag, wrestler Yogeshwar Dutt, wrestler Sushil Kumar and tennis player Sania Mirza also extended their greetings on the occasion.

On this day, 70 years back, India officially adopted its Constitution. Brazilian President Jair Messias Bolsonaro is the chief guest at the parade this year.

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