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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March 5,2020

New Delhi, Mar 5: Cricket's slow geographical expansion is turning out to be a blessing in disguise for the cash-rich Indian Premier League (IPL) which looks set to beat the dreaded novel coronavirus threat and go ahead as scheduled.

At a time when the number of recorded deaths because of the deadly outbreak across the globe is touching 3500 with a plethora of international sporting events getting cancelled, the IPL seems to be in a parallel universe where "all is well".

And there are multiple practical reasons why the T20 extravaganza will be held as per schedule. A major reason is the small number of countries that play the game and an even smaller fraction of overseas players, who will compete in the world's richest cricket league starting March 29 in Mumbai.

Till Thursday, the reported number of positive COVID-19 cases in India stood at 29, including 16 Italian tourists. However, none of the overseas recruits of eight IPL franchises have expressed any apprehensions about travelling to India.

Just over 60 players from cricket nations such as Australia, England, New Zealand, South Africa and the Caribbean islands comprise the elite foreign brigade and the reported positive cases of coronavirus in all these countries is next to none.

"The IOC is saying Olympics in Tokyo will be held as per schedule. In comparison, IPL is a minuscule tournament. If Olympics can be held, there's no reason why IPL can't be held," a BCCI official told PTI on conditions of anonymity.

STAR SPORTS FACTOR

The second and perhaps the biggest reason is broadcasters. Star Sports has bought the rights for Rs 16,347 crore (USD 2.55 billion) for a period of five years and their advertising revenues will take a huge hit if the tournament doesnt go ahead as planned. Former Delhi Daredevils CEO Hemant Dua explained the economics. "Look Star as well as BCCI has got everything insured. I don't know if there is any specific insurance cover for cancellation due to coronavirus but there is no chance of that happening if I read the situation properly," Dua told PTI.

GOVERNMENT GUIDELINES

The BCCI is also depending on the guidelines given by the government with regards to dealing with the health crisis.  "Every person availing international flights will be screened for coronavirus at the port of entry. That is the biggest health security measure. Obviously the BCCI will strictly adhere to any health advisory that government will issue," a Board official said.

But since there is an advisory that social gatherings are inadvisable at this point, won't it affect the league? "You will only come to know once the ticket sales start. If the stadiums are packed, that means people are coming but if stands are largely empty, then you can presume that people are wary.

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May 27,2020

Bengaluru, May 27: Pakistan pacer Shoaib Akhtar has revealed that he was never able to dismiss Inzamam-ul-Haq in the nets.

The Rawalpindi Express praised the former Pakistan skipper and said Inzamam could see the ball one second earlier than the rest of the batsmen could.

"Honestly, I don't think I could ever get him (Inzamam) out, he had the time and I always felt he saw the ball a second earlier than the rest of the batsmen because I had a complicated action unlike Brett Lee, I felt I could never dismiss Inzamam-ul-Haq," Akhtar told Sanjay Manjrekar in a videocast hosted by ESPNCricinfo.

"I couldn't get him out in the nets, I think he could see the ball a second before anyone else," he added.

Inzamam played 120 Tests and 378 ODIs for Pakistan.

He finished his career with 20,569 runs across all formats.

The right-handed batsman called time on his career in 2007 and he played his last Test against South Africa in Lahore.

On the other hand, Akhtar played 224 matches for Pakistan in international cricket and took 444 wickets across all formats.

The Rawalpindi Express last played an ODI in 2011 as he played against New Zealand in the 50-over World Cup.

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January 31,2020

New Delhi, Jan 31: Indian women's team captain Rani Rampal on Thursday became the first-ever hockey player to win the prestigious 'World Games Athlete of the Year' award.

The World Games announced the winner on Thursday after 20 days of polling by sports fans world-wide.

"Indian hockey superstar Rani is The World Games Athlete of the Year 2019! Huge congratulations!," the World Games said in a statement.

"With an impressive number of votes, 199,477, Rani is the clear winner of the Athlete of the Year race, where sports fans all over the world have voted for their favourite during 20 days of polling in January. All in all, over 705,610 votes were cast during the poll," it added.

Last year, India won the FIH Series Finals, and Rani was named Player of the Tournament. Under Rani's leadership, the Indian women's team qualified for just the third Olympic Games in its history.

"I dedicate this award to the entire hockey fraternity, my team and my country. This success has only become possible with the love and support from hockey lovers, fans, my team, coaches, Hockey India, my government, friends from Bollywood, fellow sportspersons and my countrymen who have continuously voted for me," said Rani, who was recently named among the Padma Shri awardees.

"Special thanks to FIH for nominating me for this prestigious award. Thank you to The World Games Federation for this recognition," she added.

Rani further said after a successful 2019, she is now looking forward to achieving greater heights with the national team in 2020, which also happens to be an Olympic year.

"It is my privilege and honour to win this award. It is always nice when your country recognises your effort. It is even better when the international sports community recognises it. Thank you so much to everyone who voted for me," she said.

"2019 was a great year for our team because we qualified for the 2020 Tokyo Olympic Games. As a team we want to make 2020 a great year!"

Rani, who has been a member of the national team since she was a 15-years-old, currently has more than 240 caps for India.

"Rani is an inspirational athlete, and a role model for many in India. It was amazing to see the support the Indians, even as high up as Mr Rijiju, the Minister of State, Youth Affairs and Sports, gave to her in this vote together with the Hockey fans all around the world. This is what sport is about: uniting people from different backgrounds and different countries," said International World Games Association President Jose Perurena.

The International Hockey Federation also congratulated Rani on being named for the award.

"Congratulations @imranirampal for becoming the first ever Hockey athlete to win the prestigious @TheWorldGames Athlete of the Year award!" the FIH, who nominated Rani for the award, said in its twitter handle.

"On behalf of FIH and the global hockey community, I would like to extend our warmest congratulations to Rani for having been voted The World Games Athlete of the Year 2019. This is an acknowledgement of her outstanding performances - together with her team-mates - and her dedication to hockey and her leadership," FIH CEO Thierry Weil said.

"This prestigious Award is also a great recognition for hockey globally. Furthermore, we are working hard for and looking forward to having Hockey 5s as a demonstration sport at The World Games 2021."

Congratulating Rani, Hockey India President Mohd Mushtaque Ahmad said, "This is a very proud moment for all of us. She is the first Indian athlete to win this award and through her achievements Rani has been able to draw a lot of attention towards women's hockey. Many people are aware of the team's recent accomplishments and I am confident this team is capable of winning larger goals and I wish Rani and the team best of luck this Olympic Year."

There were initially 25 nominees, male and female nominated by their respective sports federations, which was later reduced to 10 in the final round of public voting.

The FIH has recommended Rani's name for her outstanding performances and her ability to lead by example.

Karate star Stanislav Horuna of Ukraine was second behind Rani with over 92,000 votes and Canadian powerlifting world champion Rhaea Stinn was third.

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