BBC news says-
The chief executive of the Professional Cricketers’ Association Sean Morris says- England cricketers want to play in the Indian Premier League (IPL) and should be given the chance to do so. He said that solution must be found or “money will talk”. “The value of the cricketer has just increased through what is happening in the IPL,” Morris told BBC Sport. This was in reply to comments made earlier by Giles Clarke, the chairman of the England and Wales Cricket Board (ECB).”We are not interested in people playing in the IPL,” Clarke said, before adding that he would not change the domestic calendar to suit the Indian league.
After spending billions of dollars on Jaguar and Land Rover, Ford Motor Co. gave up on the storied British automakers Wednesday and unloaded them to India’s Tata Motors Ltd. for a mere third of the original purchase price. Ford will receive less than half of what it paid for the Jaguar and Land Rovers brands.The deal is another sign of the growing economic muscle of India and something of an economic role reversal, with two icons of British industrial might expanding the global reach of a premier conglomerate in the former British colony.
Financial Times says-
Another result of the rise of China and India and the consequent realignment of the global economy. Tata, the Indian industrial and services conglomerate, bought Corus, the Anglo-Dutch steel group, for £6.7bn last year. Mittal, a steel maker, has made acquisitions from China to Latin America and in 2006 merged with Arcelor, a European rival, to become Arcelor Mittal.
All these reports made me forget that former Indian cricket board chief Jagmohan Dalmiya was arrested and released on bail on charges that he embezzled Rs 2.90 crore from a bank account meant for the 1996 World Cup. Jagmohan Dalmiya has filed an FIR against the BCCI’s top brass accusing them of embezzlement. He has accused the cricket body of misappropriating funds of Rs 240 crores in a television rights deal.
I forgot that Maharashtra’s Election Commissioner Nand Lal was picked up by policemen in plain clothes from his office and taken to the jail in central Mumbai. The Maharashtra Legislative Assembly had approved a resolution, sentencing the former IAS officer to two days ‘simple custody’ following a report of the House Privileges Committee in a breach of privilege matter against him in 2006.
I also forgot that Delhi Police Special Operations Squad ACP Rajbir Singh, known as the ‘encounter specialist,’ was gunned down by a property dealer in Gurgaon, allegedly over a monetary dispute.