Sachin Tendulkar sues Spartan group over licensing deal

Agencies
June 27, 2019

Sydney, Jun 27: Indian cricket legend Sachin Tendulkar is suing an Australian sporting goods manufacturer for allegedly failing to pay him millions of dollars under an exclusive licensing agreement, his lawyers said Thursday.

Tendulkar entered into a worldwide exclusive sponsorship agreement with the Spartan Sports group in 2016 to promote Spartan's sporting goods and sportswear.

The lawsuit filed with the Federal Circuit Court in Sydney alleges Spartan failed to pay the cricketer royalties and endorsement fees and continued to use his name and image even after he terminated the agreement.

In addition to allowing Spartan to use Tendulkar's name and image on cricket bats and other goods, the cricketer attended promotional events for Spartan in Mumbai and London, the Sydney law firm Gilbert and Tobin said in a statement.

Gilbert and Tobin partner Siabon Seet said Tendulkar was claiming "substantial damages" against Spartan and its directors for breach of contract and misleading and deceptive conduct.

The suit also demands the cancellation of trademarks featuring Tendulkar's silhouette registered by one of the Spartan group companies.

The statement did not provide a figure for damages sought, but Australian media reports said Spartan, which went into liquidation last year, failed to pay USD 2 million owed under the two-year agreement.

"Tendulkar has made every effort possible to try to resolve this dispute with Spartan before filing his case," Seet said.

"Spartan did not take his concerns seriously and continued to use his name and likeness without his authority. Tendulkar had no alternative but to take legal action." The case is due to go to trial later this year or early next year, the law firm said.

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News Network
February 3,2020

New Delhi, Feb 3: Former India cricketer Sanjay Manjrekar feels there are a lot of similarities between the Virat Kohli-led Team India and the Pakistan team when Imran Khan had led it as both captains instill strong self-belief in their respective teams.

Manjrekar also said that Pakistan under Imran had found different ways of winning matches even when it seemed all was lost.

"India under Virat in NZ reminds me of Pakistan under Imran. Strong self belief as a team. Pakistan under Imran found different ways of winning matches, often from losing positions. That only happens when the self belief is strong," Manjrekar tweeted.

The cricketer turned commentator expressed his opinion after India completed a rare 5-0 whitewash with a seven-run victory over New Zealand in the final T20 International in Mount Maunganui on Sunday.

Manjrekar also lauded KL Rahul, now also shouldering wicket-keeping duty, for his impressive showing in recent times.

"Samson & Pant... the next batting brigade of India obviously have the skill & the power game they just need to infuse a small dose of Virat's batting 'smarts' (mind) into their game," Manjrekar wrote.

The victory at the Bay Oval saw India stretch their record for most successive T20I wins.

This was their eighth win in a row, bettering the previous three instances when they won seven successive matches.

Kohli is the most successful Test captain in Indian cricket history, winning 11 consecutive series at home and are on top of the ICC rankings.

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News Network
February 5,2020

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.

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Agencies
January 26,2020

Mumbai, Jan 26: Boxing great Mary Kom has been selected for the Padma Vibhushan, the country's second highest civilian award. Olympic silver medallist and reigning badminton World Champion PV Sindhu has been named for Padma Bhushan as the names of Padma awardees were disclosed on Saturday on the eve of the 71st Republic Day.

Rated as one of the most successful amateur boxers of all time, Mary Kom won bronze at the 2012 London Olympics and has won gold at the boxing World Championships for a record six times. She has won a total of eight medals at the World Championships, the most recent of which came in October 2019 in Ulan Ude, Russia. The 36-year-old is now looking to qualify for the 2020 Tokyo Olympics.

Sindhu became the only Indian woman to win an Olympic silver when she reached the final of the women's singles event at the 2016 Olympics in Rio de Janeiro, Brazi. In August last year, the 24-year-old became the first Indian to win gold at the badminton World Championships.

She has also won two silver and two bronze medals at the World's in the past, thus making her only the second woman after Chinese two-time Olympic gold medallist Zhang Ning to win five medals in the competition.

Indian women's hockey captain Rani Rampal, who has been the face of women's hockey in the country and played a pivotal role in the team qualifying for the 2020 Tokyo Olympics, is among those who have been nominated for the Padma Shri award.

Women's football stalwart Oinam Bembem Devi, former cricketer Zaheer Khan, shooter Jitu Rai, former hockey captain and coach M.P. Ganesh and archer Tarundeep Rai are the other sportspersons to be selected for the Padma Shri award.

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