BAMCEF UNIFICATION CONFERENCE 7

Published on 10 Mar 2013 ALL INDIA BAMCEF UNIFICATION CONFERENCE HELD AT Dr.B. R. AMBEDKAR BHAVAN,DADAR,MUMBAI ON 2ND AND 3RD MARCH 2013. Mr.PALASH BISWAS (JOURNALIST -KOLKATA) DELIVERING HER SPEECH. http://www.youtube.com/watch?v=oLL-n6MrcoM http://youtu.be/oLL-n6MrcoM

Wednesday, April 21, 2010

Would all this Proactive Hounds of the Central Government generate any REVENUE at all as it may bring down the Budget Deficit to almost Zero Level?


We have watched so many Parliamentary Committees, Commissions,
Courts of enquiry, Judicial Proactivism but Nothing happened to shift the load of Taxation and the Excluded Communities SC, ST, OBC and Minorities have to bear the Burns of Turmoil at last. The Money Laundering, Match Fixing , Tax evasion, Realty involvement, Misuse of Ministerial Position, High Profile Stakes, Cross Border Transactions, Swiss bank Accounts and Media Blitz involve Billion and Billion Dollar Transactions! Would all this Proactive Hounds of the Central Government generate any REVENUE at all as it may bring down the Budget Deficit to almost Zero Level? It is not going to happen at all.It is just the Readjustment of Power centre! Nothing else!

All payments to cricketers come under IT lens!

IT officers search KKR offices!

आईपीएल की फ्रैंचाइजियों पर आयकर विभाग का शिकंजा कसता जा रहा है। अफसरों की टीम ने क्रिकेट एसोसिएशन ऑफ बंगाल के साथ ही हैदराबाद स्थित डेक्कन चार्जर्स व चेन्नई सुपर किंग्स की मालिक इंडिया सीमेंट पर भी छापा मारा है। आयकर विभाग ने वित्तीय अनियमितताओं को लेकर इन कार्रवाइयों को अंजाम दिया है। कोलकाता में बंगाल क्रिकेट एसोसिएशन के अलावा शाहरूख के रेड चिलीज के साथ गेम प्लान के दफ्तर में भी छापा मारा गया।

Indian Holocaust My Father`s Life and Time - THREE HUNDRED Forty Nine

Palash Biswas

http://indianholocaustmyfatherslifeandtime.blogspot.com/
Vol. 29 April 16th - 30th 2010

No. 8

 

Editorial

  • Zionists & Brahminists — Satanic cult governing us — will be wiped out when World War-III begins
Reports

  • Super RSS Abhinav Bharat behind Pune terrorist attack ?
  • Dalai Lama: DV wins
  • Foreign universities will expand India's vast intellectual desert
  • Cause of India's fall is our contempt for agriculture
  • Mayawati throws the cobra out
Articles

  • Zionists are terrorists
  • Why blame Brahmin media when you can start one?
  • 6 deadly tentacles of Hindu caste system killing India

http://www.dalitvoice.org/

  1. Kochi IPL row: Shashi Tharoor quits-Politics/Nation-News-The ...

    18 Apr 2010 ... Minister of state for external affairs Shashi Tharoor on Sunday evening handed over his resignation to PM Manmohan Singh. Kochi IPL Row: ...
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    IPL row: PM forces Tharoor to resign-Politics/Nation-News-The ...
    19 Apr 2010 ... The Congress core committee, which met for over two hours ...
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  2. Pranab, Pawar, Chidambaram meet over IPL row-ET Cetera-News By ...

    20 Apr 2010 ... NEW DELHI: In the backdrop of the Indian Premier League (IPL) row and the probe ordered by the government into its funding, three senior ...
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  3. IPL row: I-T dept raids World Sports Group, Multi Screen Media ...

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  4. IPL row: BJP wants PM to sack Tharoor - The Economic Times - Yahoo ...

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  5. IPL row: Shilpa Shetty backs Lalit Modi - The Economic Times ...

    The Economic Times - Made Popular: 18 min ago. IPL row: Shilpa Shetty backs Lalit Modi » Full Story on The Economic Times ...
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  6. IPL row: PM forces Tharoor to resign – Economic Times | Indian ...

    18 Apr 2010 ... IPL row: PM forces Tharoor to resign. Economic Times ... deal for his friend, Dubai-based Sunanda Pushkar, from Indian Premier League's ...
    www.indianpremeirleague.com/.../ipl-row-pm-forces-tharoor-to-resign-economic-times/ - Cached
  7. IPL row: Opposition back in action on T20 pitch – Economic Times ...

    GulfNews IPL row: Opposition back in action on T20 pitch Economic Times NEW DELHI: A comatose Opposition has come into life after Congress MP Shashi Tharoor ...
    vaishnaviresidency.info/ipl-row-opposition-back-in-action-on-t20-pitch-economic-times/ - Cached
  8. Kochi IPL row: Shashi Tharoor resigns-News-Videos-The Times of India

    18 Apr 2010 ... Kochi IPL row: Shashi Tharoor resigns. ... IPL row: Tharoor meets PM Manmohan Singh ... Other Times Group news sites. The Economic Times ...
    timesofindia.indiatimes.com/videoshow/5829393.cms - Cached
  9. Reports: Lalit Modi in trouble over IPL Row

    19 Apr 2010 ... According to a report published on the Economic Times, the Income Tax department has found IPL Chairman Lalit Modi and several IPL stake ...
    breakingnewsonline.net/.../1676-reports-lalit-modi-in-trouble-over-ipl-row.html - United States - Cached
  10. [Google] IPL row: Opposition back in action on T20 pitch ...

    1 post - 1 author - Last post: 3 days ago
    [Google] IPL row: Opposition back in action on T20 pitch - Economic Times:
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I nearly missed the train this evening as the TV channels which created the Betting Hype and Encashed the IPL most, broke the News,

IT officers search KKR offices!


Most of the IPL franchises continue to support IPL Commissioner Lalit Modi despite the controversies surrounding him. Rajasthan Royals co-owner Shilpa Shetty said the IPL is Modi's brainchild.
आईपीएल की फ्रैंचाइजियों पर आयकर विभाग का शिकंजा कसता जा रहा है। अफसरों की टीम ने क्रिकेट एसोसिएशन ऑफ बंगाल के साथ ही हैदराबाद स्थित डेक्कन चार्जर्स व चेन्नई सुपर किंग्स की मालिक इंडिया सीमेंट पर भी छापा मारा है। आयकर विभाग ने वित्तीय अनियमितताओं को लेकर इन कार्रवाइयों को अंजाम दिया है। कोलकाता में बंगाल क्रिकेट एसोसिएशन के अलावा शाहरूख के रेड चिलीज के साथ गेम प्लान के दफ्तर में भी छापा मारा गया।आयकर विभाग की एक टीम ने आज बुधवार को आईपीएल से जुड़ी तीन एजेंसियों पर छापा मारा है। आयकर विभाग ने आज सुबह टेलिकॉस्ट राइट्स से जुड़ी तीन कंपनियों के मुंबई स्थित मुख्यालय पर छापे की कार्रवाई की है।आयकर विभाग के ये छापे ऐसे समय मारे गए, जब इस तरह के आरोप सामने आए कि आईपीएल प्रसारण की मार्केटिंग एजेंसी वर्ल्ड स्पोर्ट्स ग्रुप को प्रसारण एजेंसी मल्टी स्क्रीन मीडिया ने करीब 8 करोड़ डॉलर का सुविधा शुल्क दिया था।ये एजेंसियां आईपीएल मैचों के प्रसारण का काम देखती हैं। ऐसी खबरें आई हैं कि तीनों कंपनियों ने मिलुजलकर आईपीएल में पैसों का बड़ा खेल किया है।

  1. आईपीएल लीग

    नज़रिया बदला, नतीजे बदलेंगे: शाह रुख़ आईपीएल-3 में फिर से चमकने को बेताब हैं यूसुफ पठान रॉयल चैलेंजर्स को मिला 152 रनों का ... चैपियंस लीग मे भी नहीं खेलेंगी पाक टीम.
    24dunia.com/hindi-news/.../आईपीएल-लीग.html - संचित प्रति
  2. इंडियन प्रीमियर लीग khabre | आईपीएल लीग ...

    आईपीएल लीग अमेरिका में पीसीबी खिलाड़ियों ट्वेंटी लिए तैयार भारतीय प्रीमियर मॉडल.
    search.webdunia.com/.../इंडियन-प्रीमियर-लीग-khabre.html - संचित प्रति
  3. आईपीएल लीग ने बिगाड़ दिया ...

    भारतीय क्रिकेट कंट्रोल बोर्ड (बीसीसीआई) हाल ही में संपन्न डीएलएफ इंडियन प्रीमियर लीग (आईपीएल) को चाहे जितना भी सफल बता रहा हो, लेकिन असल में उसने आगे होने वाले खेल ...
    hindi.business-standard.com/storypage.php?autono... - संचित प्रति
  4. आईपीएल लीग के लिए समाचार परिणाम


    आईपीएल मामले में और छापे‎ - 4 घंटे पहले
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    बीबीसी हिन्दी - 21 संबंधित आलेख »
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    www.newsjini.com/hindi-news/search/आईपीएल-लीग.html
  6. इंडियन प्रीमियर लीग आईपीएल ग्लैमर ...

    रॉयल चैलेंजर्स की जीत-रॉयल चैलेंजर्स की जीत चिन्नास्वामी स्टेडियम में गुरुवार को खेले गए इंडियन प्रीमियर लीग (आईपीएल) मुकाबले में बेंगलौर रॉयल चैलेंजर्स ने राजस्थान रॉयल्स ...
    open-trace.de/app/.../browse.php?u...b... - संचित प्रति
  7. BBC Hindi - भारत - आईपीएल मामले में और छापे

    21 अप्रैल 2010 ... आयकर विभाग ने मुंबई में आईपीएल लीग से जुड़ी कंपनियों के दफ़्तरों की तलाशी ली है. आईपीएल का प्रसारण करने वाली कंपनी मल्टीस्क्रीन मीडिया पर आरोप है कि उसने मार्केटिंग ...
    www.bbc.co.uk/hindi/india/2010/.../100421_ipl_tax_skj.shtml - 4 घंटे पहले

    विगत 24 घंटे से अधिक परिणाम प्राप्त करें

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  9. आईपीएल लीग का आयोजन भारत से बाहर ...

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  10. तहलका हिन्दी - चुनाव से बड़ी आईपीएल

    16 मार्च 2009 ... ये सब बातें मैंने इसलिए लिखीं कि बीसमबीस क्रिकेट की आईपीएल लीग को समय पर करवाने के जितने भी कारण और जितनी भी अनिवार्यताएं बताई गईं हैं उनमें एक भी क्रिकेट के खेल की ...
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The IPL Revenge Play is Enacted with its Fullest Volume and Venom to divert the Resistance against Economic ethnic Cleansing. The Opposition Hegemony is opposing the Prise Rise and Inflation only while it ENDORSES the Economic Ethnic Cleansing with Anti People Legislation in the Parliamentary Realty Drama with Excellent Floor adjustment. The BSNL Strike against its Disinvestment and proposed VRS for One Lac Employees was ABORTED within hours. My land Phone was Ringing in Morning hours and I had to ask about the BSNL Strike. Simply the matter has been diverted to Group of Ministers to wait for the Resistance to die its normal death. Bank employees are also mobilised by the Left Oriented trade Unions led by Eurasian Brahamins without addressing the Banking Legislation which allows Tata, Birla and Ambani Farms as well as Foreign   Banks as CITI Bank and ICICI bank Capture the Rural Network which hitherto had been the monopoly of State Bank of India. Obviously, SBI is the Next Target for Disinvestment after BSNL and SAIL. LIC Funds including ULIP is diverted to the Money machine while ULIP is dragged in the court. Private Insurance companies have bankrupted LIC. The Ruling Hegemony and the Opposition, both Zionist and Brahaminical defend the Ruling Class interest and act accordance to Foreign Interests to have Cross Border Monetary Transactions.Foreign capital Inflow is the Back Bone of Growth rate based Economy completely controlled by LPG Mafia and FIIs. Fiscal Policy being ABSENT since Nehru days to protect the Caste Hindu Money Machine, Strategic Realliance, Global Hindutva and Resurgence of Vedic culture, Indo US Nuclear Deal and Moon Machine, Everything make the Resilient Survival Kit of Racial Apartheid Based Manusmriti rule in India. We have seen so many Tsunamis including Bofors, Groskov, kargil Coffins, Nagarwala, Harshad Mehta, Defence Deals, Match Fixing Graft, dalmia Episode and so on.. We have watched so many Parliamentary Committees, Commissions, Courts of enquiry, Judicial Pro activism but Nothing happened to shift the load of Taxation and the Excluded Communities SC, ST, OBC and Minorities have to bear the Burns of Turmoil at last. The Money Laundering, Match Fixing , Tax evasion, Realty involvement, Misuse of Ministerial Position, High Profile Stakes, Cross Border Transactions, Swiss bank Accounts and Media Blitz involve Billion and Billion Dollar Transactions! Would all this Proactive Hounds of the Central Government would generate any REVENUE at all as it may bring down the Budget Deficit to almost Zero Level? It is not going to happen at all.It is just the Readjustment of Power centre! Nothing else!


  1. Government orders parallel probes into IPL affairs-Politics/Nation ...

    19 Apr 2010 ... Pranab said that all aspects of IPL will be probed, inclusive of sources ... Economic Times Business. Politics/Nation ... NEW DELHI: The government has ordered parallel probes by virtually all its economic intelligence units to ... also whether there has been tax evasion by IPL and its franchisees. ...
    economictimes.indiatimes.com/news/politics/...IPL.../5831634.cms - Cached
    Income tax officials to probe 8 IPL franchises-ET Cetera-News By ...
    16 Apr 2010 ... however, was black money abroad and tax evasion. ...
    economictimes.indiatimes.com/articleshow/5821707.cms
    IPL associates under probe, tax raids in multiple cities-ET Cetera ...
    21 Apr 2010 ... Economic Times Business. News By Industry ... back into the ...
    economictimes.indiatimes.com/.../IPL...tax...multiple.../5840866.cms?...
    More results from economictimes.indiatimes.com »
  2. Quotes from Economic Times

    17 Apr 2010 ... The question is not about just tax evasion, but we need to go into ... I want to share "Quotes from Economic Times" via @Daylife with you. ...
    www.daylife.com/quote/004Ca0763q9IR - Cached
  3. IPL dirt may cost BCCI dear-ET Cetera-News By Industry-News-The ...

    The source of funds in some of the IPL franchises are not clear. The funds for IPL Kochi have come from Dubai. The question is not about just tax evasion, ...
    m.economictimes.com/PDAET/articleshow/5823957.cms - Cached
  4. IPL dirt may cost BCCI dear, Times of India

    21 Apr 2010 ... The question is not about just tax evasion, but we need to go into the source of funds ... Other Times Group news sites. The Economic Times ...
    timesofindia.indiatimes.com/iplarticleshow/5823064.cms - 8 hours ago - Cached

    Get more results from the past 24 hours

  5. nandigramunited: DON POWER Intact as REVENGE Play Enacted to Make ...

    Economic Times … black money stashed abroad was being brought back into the country illegally, as also whether there has been tax evasion by IPL and its . ...
    nandigramunited-banga.blogspot.com/.../don-power-intact-as-revenge-play.html
  6. SME Times - Pranab Says Full Probe on Source of Funds into IPL ...

    19 Apr 2010 ... This will be coordinated by the Central Economic Intelligence Bureau ... also whether there has been tax evasion by IPL and its franchisees. ...
    smetimes.tradeindia.com/smetimes/.../pranab-says-full-probe-on-source-of-funds-into-ipl61265.html - Cached
  7. The Times of India on Mobile

    19 Apr 2010 ... a news report on an 'I-T report' accusing him of tax evasion, money laundering, ... It is just another attempt to discredit IPL," Modi said. The Economic Times reported on Monday that it had gained access information in a "highly confidential report" by the Income-Tax department that has been in ...
    m.timesofindia.com/articleshow/5831374.cms - Cached
  8. IPL news-Govt probes BCCI affairs, noose tightens around Modi

    The Centre has ordered parallel probes by virtually all its economic intelligence units ... as also whether there has been tax evasion by the IPL and its franchises. ... It might be the end of 'good times' for Lalit Modi as the Board of ...
    www.zeenews.com/news620483.html - Cached
  9. Govt orders parallel probes into IPL affairs | iGoa

    20 Apr 2010 ... Income Tax authorities have asked the Board of Control for Cricket ... also whether there has been tax evasion by IPL and its franchisees. ...
    www.navhindtimes.in/news/govt-orders-parallel-probes-ipl-affairs - Cached
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  1. News results for Defence Scams in India


    MSN India
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    Defence scams have become a joke in India; almost anybody can stall a defence deal, for political vendettas or competition, by merely casting aspersions or ...
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    18 Mar 2009 ... Fake eunuchs held for black magic scam in India (AFP) 13 September 2006 http://www.khaleejtimes.ae/DisplayAr...ntinent &col= MUMBAI - Two men.
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Wed, Apr 21 02:48 PM

India's Prime Minister Manmohan Singh speaks in Mumbai April 13, 2009. REUTERS/Punit Paranjpe/Files Enlarge Photo India's Prime Minister Manmohan Singh speaks in Mumbai April 13, 2009. REUTERS/Punit Paranjpe/Files

The economy is expected to grow at 8.25 percent in the financial year 2010/11 that began on April 1, Prime Minister Manmohan Singh said on Wednesday.


How Funny, CAB has the experience of Dalmia episode long before. Would CAB wait for the IT Raid and hand over everything?It was a quiet day in parliament Wednesday as the Lok Sabha debated a bill to establish a green tribunal and the Bharatiya Janata Party (BJP) boycotted the house to participate in a massive rally the party staged to protest against the spiralling prices. At least 100,000 Indians backed by the main opposition party on Wednesday denounced steep price rises, demanding the Congress-led government quit over food inflation during one of the biggest marches seen in years.


The Income Tax Department on Wednesday searched the premises of companies associated with the Indian Premier League (IPL) in the wake of allegations that telecasting agency Multi Screen Media had paid a facilitation fee of $80 million to marketing agency World Sports Group. The raids are related to a "facilitation fee" of USD 80 million paid by MSM (formerly Sony Entertainment Television) to WSG, a source close to the development said.

The searches, which started this morning, were on in the office premises of Multi-Screen Media (MSM) in suburban Malad, the telecasting agency of IPL, World Sports Group (WSG), the marketing agency of IPL, International Management Group (IMG), the organising agency, and the Bandra house of Venu Nair, CEO of WSG. 


India's Cricket Row Ensnares Modi

Wall Street Journal - Eric Bellman - ‎26 minutes ago‎
MUMBAI—Lalit Modi, one of the most powerful men in cricket, faces an uncertain future at the head of the wildly successful league he launched, as the Indian government and the sport's authorities here seek to put a cap on a scandal that ...

Why Modi didn't disclose ownership pattern in 3 years: Manohar

NDTV.com - ‎28 minutes ago‎
PTI BCCI president Shashank Manohar on Wednesday made light of IPL Commissioner Lalit Modi's move for disclosing the ownership pattern of IPL franchisees, wondering what was he doing for the last three years. He said the ownership issues were legal ...

FIR registered against Modi's bodyguards in Mumbai

Zee News - ‎2 hours ago‎
Mumbai: An FIR has been registered against the bodyguards of Indian Premier League (IPL) Commissioner Lalit Modi for allegedly thrashing media persons outside Mumbai International Airport in suburban Andheri, police said today. ...


"I support Lalit as someone who has been part of IPL. It is Lalit's brain child. Because of Lalit IPL happened," Shilpa said.
more by Shilpa Shetty - 22 minutes ago - Deccan Herald (23 occurrences)


Modi mulls quitting, but only after speaking

Express Buzz - Veturi Srivatsa - ‎45 minutes ago‎
NEW DELHI: Lalit Modi is contemplating to quit as chairman and commissioner of the Indian Premier League (IPL), but only after he has had his say at the Governing Council meeting. An internecine war broke out in the Indian cricket board as its chief ...

Shilpa throws her weight behind Modi

Deccan Herald - ‎22 minutes ago‎
Lalit Modi, under the Income Tax department's scanner for financial irregularities, continues to get the backing of the IPL franchise owners with Rajasthan Royals co-owner Shilpa Shetty defending the event's embattled Commissioner. ...

FIR against Lalit Modi's Bodyguards for assautling Mediamen

BreakingNewsOnline. - ‎49 minutes ago‎
Mumbai: Breaking News! An FIR has been registered against four bodyguards of IPL Commissioner Lalit Modi for allegedly beating up media professionals outside Mumbai International Airport in suburban Andheri. Lalit Modi's bodyguards reportedly assaulted ...

Farooq want facts to come out

samay live - ‎22 minutes ago‎
New Delhi : A day after appearing to come to Lalit Modi's rescue, Union Minister Farooq Abdullah said he is not the 'saviour' or the hangman of the embattled IPL Commissioner. Farooq Abdullah, who is the president of the Jammu and Kashmir Cricket ...

BCCI hits back at Modi's defiance

ESPN STAR Sports - ‎1 hour ago‎
The BCCI have said Lalit Modi can do whatever he wants to but the IPL Governing Council's meeting will go ahead as scheduled. Modi had earlier e-mailed BCCI President Shashank Manohar, saying Board secretary N Srinivasan had no authority to convene any ...

Rajiv Shukla briefs PM on IPL controversy

Hindustan Times - ‎6 hours ago‎
Under pressure to quit, defiant Lalit Modi today appeared to be on a collision course with the BCCI, questioning the legality of Monday's Governing Council meeting to decide his fate as the IPL Commissioner. However, BCCI sources say that Modi would be ...

Who is next after Lalit Modi?

NewsX - ‎14 minutes ago‎
It's all but certain that Lalit Modi will not be a part of the IPL after Season Three. But what happens after that? Who takes over? Do things change? Does the IPL become a cleaner game? Let's try a bit of crystal ball gazing, shall we?


आईपीएलः कोलकाता, चेन्नई, हैदराबाद में आयकर छापा
Bhaskar.com
First Published 18:21[IST](21/04/2010)
Last Updated 22:06[IST](21/04/2010)

raid_288नई दिल्ली. आईपीएल की फ्रैंचाइजियों पर आयकर विभाग का शिकंजा कसता जा रहा है। अफसरों की टीम ने क्रिकेट एसोसिएशन ऑफ बंगाल के साथ ही हैदराबाद स्थित डेक्कन चार्जर्स व चेन्नई सुपर किंग्स की मालिक इंडिया सीमेंट पर भी छापा मारा है।

आयकर विभाग ने वित्तीय अनियमितताओं को लेकर इन कार्रवाइयों को अंजाम दिया है। कोलकाता में बंगाल क्रिकेट एसोसिएशन के अलावा शाहरूख के रेड चिलीज के साथ गेम प्लान के दफ्तर में भी छापा मारा गया। गेम प्लान केकेआर की खेल संबंधी प्राथमिकताओं को देखता है।

इनकम टैक्स विभाग की टीम ने बंगाल क्रिकेट एसोसिएशन के दफ्तर में कागजों की जांच करने के साथ ही अधिकारियों से भी पूछताछ की है। कैब के अध्यक्ष जगमोहन डालमिया के निजी सचिव ने कहा है कि हम आयकर विभाग के अधिकारियों के साथ जांच में हर तरह का सहयोग कर रहे हैं। 

कहां-कहां पड़े छापे - कोलकाता नाइटराइडर्स के ईडन गार्डन, कोलकाता स्थित ऑफिस में। डेक्कन चार्जर्स के हैदराबाद स्थित दफ्तर में, चेन्नई सुपर किंग्स की मालिक इंडिया सीमेंट के आफिस में ।

गौरतलब है कि आईपीएल में लगे धन की जांच के लिए आयकर विभाग ने ललित मोदी के मुंबई स्थित दफ्तरों पर भी छापे मारे थे। टूर्नामेंट का प्रसारण करने वाली कंपनी डब्ल्युएसजी में भी पूछताछ की गई थी।

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http://www.bhaskar.com/2010/04/21/ipl-kolkata-896460.html

Modi defies BCCI, says won't attend Apr 26 meeting

A defiant Indian Premier League Commissioner Lalit Modi on Wednesday made it clear that he will not attend the April 26 IPL Governing Council meeting convened apparently to decide his fate, saying he considers it "unauthorised".

Under pressure to quit, defiant Lalit Modi on Wednesday appeared to be on a collision course with the BCCI, questioning the legality of Monday's Governing Council meeting to decide his fate as the IPL Commissioner.

However, BCCI sources expressed confidence that Modi would be voted out of the post notwithstanding his defiance and raising procedural issues.

The government also appeared to be concerned at the highest level with Prime Minister Mammohan Singh discussing the IPL row with senior BCCI official Rajiv Shukla, a Modi detractor.

Though he refused to disclose what he discussed with the Prime Minister, he told reporters that the BCCI would not hesitate to take "drastic" steps, implying the ouster of Modi to clear the mess.

With indications emerging that Sharad Pawar and other influential members of the BCCI, including president Shashank Manohar and secretary N Srinivasan, and IPL vice-chairman Niranjan Shah said to be gunning for his removal, Modi Wednesday sought postponement of the Monday meeting.

Sources said he has questioned the legality of the meeting on the ground that only he can convene it as the Commissioner.

He also wanted that the meeting be deferred for him to prepare himself for answering any issue that could be raised in the meeting on the raging controversy surrounding the IPL in the wake of the allegations over the funding and its sources.

Modi is understood to have conveyed to the BCCI that he would not be in a position to attend the Monday meeting as he wanted more time for preparation. There were reports that he wanted to make public all the details of the ownership pattern of the eight franchises but BCCI is understood to have put brakes on his proposal. However, there was no confirmation of this.

The IPL issue hotted up after Modi's tweet last week raising questions over the ownership of Kochi IPL franchise following which Union Minister Shashi Tharoor had to quit. He was accused of having negotiated with the Kochi franchise to get sweat equity of the value of Rs 70 crores.

Similarly, questions have been raised over the unsuccessful bids of Videocon and Adani groups for Ahmedabad and the alleged sweat equity offer made by them to relatives of a couple of Union Ministers.


Modi, reportedly on his way out because of alleged financial irregularities and nepotism in IPL bidding, shot an e-mail to BCCI President Shashank Manohar, saying he needs more time to prepare his case and would prefer a May 1 meeting.

"If the meeting does go ahead on 26th April instead of 1st of May as I have asked it will deem to be unofficial," Modi wrote.

"...I do not propose to attend any unauthorised meeting," said the IPL chief.

Modi trained his gun on BCCI secretary N Srinivasan, also the Managing Director of India Cements, which owns Chennai Super Kings, calling him a "conflicted party" and questioning his authority to convene a Governing Council meeting.

"The IPL has been given the powers by the (BCCI) general body to hold their own meetings and I am sorry to say that the Hon. Secretary (BCCI) has never called a GC since inception or is the convener.

"All he is actually is an ex-officio member of the GC as an office bearer of BCCI and as he is a conflicted party who owns an IPL team. He has never and can never call a GC meeting," Modi asserted.

Modi said he was not against a meeting but all he needed was time.

"...all I have said is meeting will take place and I want the time to prepare the agenda, circulate it and also make the documents available.

"...I just returned from Dubai last night and was attending the ICC meeting which you (Manohar) asked me to attend on your behalf...we had to move the matches from Bangalore and also we have the playoffs and awards. We are working 24x7 and as such have had no time to prepare or will have time to do so till post 26th,' said Modi.


Reserve Bank of India's (RBI) Governor Duvvuri Subbarao speaks during a meeting in Mumbai January 29, 2010. REUTERS/Punit Paranjpe/Files

Subbarao sees policy reversal over time

RBI governor says the central bank is looking to reverse its expansionary policy stance over a period of time and cannot be certain the reverse repo rate will remain its operative rate.  Full Article | Related Story 

Richard Fuld, former chairman and CEO of Lehman Brothers, appears at the House Financial Services Committee hearing in Washington April 20, 2010. REUTERS/Jim Young
'I have to live with that'

Richard Fuld, Ex-CEO of Lehman Brothers, lifted his bowed head, looked squarely at U.S. lawmakers and acknowledged that people were hurt in the collapse of the former Wall Street giant.  Full Article 



Income Tax authorities Wednesday conducted searches at the Cricket Association of Bengal's (CAB) headquarters at Eden Gardens and Kolkata Knight Riders offices here as part of the nationwide trackdown on source of Indian Premier League's finances.

The searches began around 3 p.m. at Eden Gardens and IT officials said they will carry their operation until the 'investagations' are over.

'If necessary, we will stay here throughout the night,' an officer said.

IT officials also raided ITC Sonar Bangla where KKR officails have been put up, and the Shakespeare Sarani office of Bollywood star Shah Rukh Khan's Red Chillies Entertainment that owns KKR.

At Eden Gardens, seven IRS officers and support staff checked the documents related to IPL and its franchise KKR at the CAB office room and KKR office.

They snapped all landline communications before beginning their work and asked KKR officials and a top CAB office-bearers not to leave the premises till they are over with the job. The officers scanned the documents on the computers and one of them was also seen rummaging through the wastepaper basket.

'We are conducting search and survey operation,' said a top IT official, leading the team, declining to be named.

CAB sources said the officers looked into the payment details of IPL, specially those between March 19 and April 1.

'We are fully co-operating with the IT officials,' said a CAB office bearer.


All payments to cricketers come under IT lens!

Maoist attack not to derail probe report, says Rammohan!

The BJP slammed the centre government for its "failure" to control inflation and walked out of the Lok Sabha protesting spiralling prices of essential commodities.

BJP Chief faints; traffic chaos in Delhi

New Delhi: Even as traffic crawled across central Delhi on Wednesday morning as thousands of Bharatiya Janata Party workers gathered here for a massive rally against rising prices, the BJP President Nitin Gadkari fainted due to heat and exhaustion at the venue, giving anxious moments to the party workers and leaders. The rally was billed as the first show of strength for the BJP Chief.

BJP's anti-price rise rally triggers traffic chaos

BJP leaders claim that an estimated 300,000 people will gather at the Ramlila Maidan for the rally. According to the plan, after the rally, some 10,000 BJP activists will march to Jantar Mantar through Jawaharlal Nehru Marg, Tolstoy Marg and Sansad Marg around 2 pm when traffic movement along the route in central Delhi is expected to get worse.

The worst hit are Ring Road, Mathura Road, India Gate, Tilak Marg, Asaf Ali Road, Netaji Subhash Marg, Ranjit Singh Marg, Tolstoy Marg, Sikandra Road, Barakhamba Road, Parliament Street and Ashoka Road. The party had on Tuesday appealed to Delhiites to bear with the traffic jams from 10 am to 6 pm.
BJP's anti-price rise rally triggers traffic chaos

Traffic crawled across central Delhi on Wednesday morning as thousands of Bharatiya Janata Party workers gathered here for a massive rally against rising prices, the first show of strength for newly elected party president Nitin Gadkari.

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Naxalism gravest internal security threat to nation: PM

New Delhi Against the backdrop of a string of Maoist attacks, Prime Minister Manmohan Singh on Wednesday pitched for urgent and considered action to root out the problem of Left-wing extremism and asserted that no quarter can be given to those challenging the authority of the Indian state.

Singling out Left-wing extremism as the gravest internal security threat faced by the nation, he said, "Recent events have underscored the need for urgent and considered action to root out this problem".

"No quarter can be given to those who have taken upon themselves to challenge the authority of the Indian state and the fabric of our democratic polity," he said, inaugurating the Civil Services Day function here.

The Prime Minister's remarks come in the wake of the worst-ever Maoist attack at Chitangufa in Chhattisgarh on April 6 in which 75 CRPF men and a policeman were killed.

The Naxalites had also opened fire on five separate CRPF camps in quick succession in Dantewada district of Chhattisgarh last night.

Underscoring the fact that Left-wing extremism was flourishing in under-developed areas of the country, Singh asked the civil servants to ensure that no area of the country is denied the benefits of the government's developmental programmes.

"But we cannot overlook the fact that many areas in which such extremism flourishes are under-developed and many of the people, mainly poor tribals, who live in these areas have not shared equitably in the fruits of development.

"It is incumbent upon us to ensure that no area of our country is denied the benefits of our ambitious developmental programmes," the Prime Minister said.

He asked them to devise innovative ways and means to harness the tools of information technology and to involve the intended beneficiaries in implementation so that complaints of leakages, corruption and lack of transparency get addressed.

Singh said that inclusive growth was the centerpiece of the developmental agenda of the UPA and fast economic growth provided the government with the resources to address the problems of poverty, ignorance and disease.

"Rapid growth will have little meaning, however, unless social and economic inequalities, which still afflict our society, are not eliminated quickly and effectively," he said.

The Prime Minister said that despite the global economic slow down, India was able to post a respectable growth of 6.7 per cent in 2008-09.

"The growth rate for 2009-10 is now estimated at 7.2 per cent and the forecast for 2010-11 is 8.25 per cent," he said, adding the medium term target set by the government was to return the economy to an annual growth rate of 9 per cent.


Modi defies BCCI, says won't attend Apr 26 meeting


Reliance Industries' KG-D6 facility located in Andhra Pradesh is pictured in this undated handout photo.  REUTERS/Reliance Industries/Handout
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Thus, the Revenge Play is ENACTED using the national Platfarm which attracts more BETTING  on every bit of the BITES produced on TV and print Network! A probe into financial deals of the Indian Premier League (IPL) was broad-based Wednesday with searches at offices of three of its event management and broadcast firms in Mumbai, even as the Enforcement Directorate (ED) registered a case to investigate foreign exchange violations by its franchisees.

Also, the income tax probe which started with the IPL Kochi franchise last Wednesday was widened Thursday with simultaneous searches in multiple cities.


The 10 franchisees under scrutiny are Kochi's Rendezvous Sports, Pune's Sahara group, Mumbai Indians, Delhi Daredevils, Kolkata Knight Riders, Royal Challengers Bangalore, Deccan Chargers, Chennai Super Kings, Rajasthan Royals and Kings XI Punjab.


Earlier in Mumbai, a team of over 50 officials of the Directorate of Income Tax Investigation started the search operations at the premises of Multi Screen Media, World Sports Group and Pat Magnarella Management in Bandra, Khar and Malad suburbs of north-west Mumbai in the morning.

Simultaneously, the ED Mumbai registered a case against 'unknown persons' under the Foreign Exchange Management Act to probe unauthorized transfer of huge foreign funds without the permission of the Reserve Bank of India (RBI).


The ED move was prompted by information that huge funds have found their way into the IPL from international tax havens. It would inquire into the root of the IPL finances from dubious sources, officials said.


Earlier called Sony Entertainment Television, Multi Screen Media has the telecast rights for the IPL T20 cricketing extravaganza for 10 years from 2008, while World Sports Group acquired the global media rights for IPL for 10 years for over $1.5 billion.


Pat Magnarella Management is a full-service management, branding, and marketing services company, which in the past specialised in the music business and later made a foray into sports as well, officials said.


In New Delhi, another investigative wing of the finance ministry, the Directorate of Enforcement, registered a preliminary case against the IPL and its franchisees to probe possible violations of foreign exchange rules and regulations.


The case was registered under the provisions of the Foreign Exchange Management Act in a bid to help the directorate's officers search the premises of suspected people, seize incriminating material and hold enquiries, officials said.


A probe by the tax department had first started with the Kochi franchise of IPL last Wednesday. A day after, officials from the income tax department visited various offices of the IPL in Mumbai and questioned its commissioner Lalit Modi.


Based on the documents collected, the tax probe was then extended to other cities as well, following which all the wings of the finance ministry were roped in for parallel investigations.


Finance ministry officials said their main concern was whether ill-gotten money stashed abroad was being brought back into the country, as also whether there was tax evasion by IPL and its franchisees.


The question of free equity to some directors of franchises is also being probed.

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IPL crisis

Modi questions validity of April 26 meeting

Cricinfo staff

April 21, 2010

Text size: A | A

Ownership structures

  • Mumbai Indians
  • Reliance Industrial Investments and Holdings Ltd (RIIHL) - 98.3%
  • Teesta Retail Pvt Ltd - 1.7%

  • Delhi Daredevils
  • GMR Holdings Private Limited - 51%
  • Mr. Srinivas Bommidala - 12%
  • Mr GM Rao - 13%
  • Mr GBS Raju - 12%
  • Mr G Kiran Kumar - 12%

  • Deccan Chargers
  • Deccan Chargers Sporting Ventures Ltd - 100%

The IPL controversy has taken an ugly turn with the release of email correspondence in which Lalit Modi, the league's chairman and commissioner, has contested the validity of the governing council meeting called for April 26. An earlier email leaked to the media, also between Modi and BCCI president Shashank Manohar, has Modi suggesting the release of ownership details of all franchises. This development comes about even as income-tax officials extended their operations to the offices of other franchises and the TV broadcast rights holders in the most coordinated and high-profile exercise seen for a long time in India .

The more bitter battle, though, is being fought in cyberspace. Modi's mail to Manohar today suggests that the April 26 meeting, is invalid since it has been called by N Srinivasan, a member of the council only by virtue of being BCCI secretary. However, when contacted by Cricinfo, Srinivasan was unambiguous on the validity of the meeting. "I am the convenor of the governing council. It should take place", he said.

The other mail chain - which Cricinfo has accessed - dates from April 14, three days after Modi's original tweet revealing the Kochi franchise shareholding structure. It begins with a mail from Modi to "friends" - said to be 71 council members, officials and stakeholders - suggesting that "propriety and fair play demand" that the IPL release the names of all stake-holders.

"We should as public body disclose ownership details along with name of directors of all franchisees once again. Earlier we at the time of bidding only disclosed the names and share holding. If everyone is okay with this we will issue the same right away, that way all doubts and aspirations (sic) being cast on IPL franchises and members of GC [governing council] appropriately rebutted. I hope you all agree with the same."

The next day, the mail chain shows, there was a reply from Manohar. "The issue is complex and needs detailed deliberations and legal implications need to be gone into and hence can be considered at the GC meeting, where all documents and papers relating to the bids are available."

The implication is that Manohar and others who echoed his views in the mail chain were delaying the release of information that had been deemed questionable.

"Modi in his twitter posted details of Kochi franchisee. On the basis of that media pounced on him seeking to know as to why he did not disclose details of the other teams pertaining to existing eight teams," Manohar told PTI on Wednesday. "The question is as to why Mr Modi did not disclose this for three years when these eight team documents were available with him since 2007.

"We cannot take any decision in haste, so a meeting has been convened at Mumbai for April 26, 2010. Mr Modi has waited for three years and another ten days would only mean that there is delay for three years and ten days."

The news come on a day when several IPL franchises were raided by the tax department. The offices of Kolkata Knight Riders and the Cricket Association of Bengal were inspected, after which the Kolkata franchise's office in Mumbai was also checked. "The income tax officials are here looking for papers related to IPL. We are cooperating with them," CAB president Jagmohan Dalmiya's personal assistant said in Kolkata.

There were also raids on the office of India Cements, who are the owners of Chennai Super Kings, and of Deccan Chronicle, the group behind Deccan Chargers.

http://www.cricinfo.com/ipl2010/content/current/story/456803.html

BCCI ready to take harsh decisions: Shukla

Faced with a defiant Lalit Modi who is refusing to step down as IPL Commissioner, the BCCI today talked tough and said it would not hesitate to take harsh decisions to protect its image which has taken a hit due to allegations of financial irregularities. BCCI''s media and finance committee chairman Rajiv Shukla said if situation demands tough decisions, they would be taken when the IPL''s Governing Council meets on April 26.

VIDEOS
Rajeev Shukla, Vice-President of the BCCI and a lawmaker of Congress party said that there is no need to ban the Indian Premiere League (IPL).
Apr 19 2010 / Watch >>

"The question of people refusing to back down or not, they don''t matter. After the meeting between BCCI President Shashank Manohar and Sharad Pawar yesterday, it has been decided that in the April 26 Governing Council meeting, we will sit together and unanimously decide what to do," Shukla told reporters here.

"These decisions would in the interest of cricket and the BCCI. No matter how harsh they might seem, decisions would be taken to protect the BCCI and cricket''s image in the country. We have never compromised on our image in the past 60 years and there would be no compromise this time too," he added.

Modi, who is facing allegations of financial irregularities and favouring family and friends in franchise bids, has so far refused to step down from his post despite mounting pressure. The skeletons started tumbling out after Modi''s tweets on the shareholding pattern of the new Kochi franchise disclosed that former junior foreign minister Shashi Tharoor''s close friend Sunanda Pushkar had a ''sweat equity'' worth Rs 70 crore in the team.

Tharoor had to resign as a result but Modi is also in trouble after damaging revelations of his alleged ''silent'' stakes in at least three IPL teams. Besides, Modi is also facing accusations of money laundering and betting in the IPL. A concerned BCCI has been in damage control mode ever since and there are indications that the Board''s top brass wants Modi out after the IPL ends on April 25.



Bharatiya Janata Party (BJP) president Nitin Gadkari Wednesday accused the Congress-led government of betraying the peoples' trust, as thousands of party activists rallied in the capital to protest untamed food prices.Addressing the rally, Gadkari, who assumed the top BJP post in December last, said price rise had become synonym to the Congress' coming to power.


Meanwhile,Cricketers who played in IPL for last three years will be scrutinised by the Income Tax as Enforcement Directorate is contemplating filing a case under anti-money laundering laws against unknown officials of IPL. Official sources said IPL franchise teams had been asked to hand over details of payments made to cricketers of all the teams who have played in the three IPL editions so far. The payments includes the money paid to the players for the match as well as for the post-match parties, the sources said.

Maoist attack not to derail probe report, says Rammohan



The latest attack by Maoists on paramilitary forces will not derail the probe into the April 6 massacre of 76 security personnel by the guerrillas, the officer heading the investigation said.

Former Border Security Force (BSF) director general E.N. Rammohan said that his report into the Dantewada massacre, the worst loss suffered by security forces since the outbreak of Maoist violence four decades ago, would be given to Home Minister P. Chidambaram by Saturday as scheduled.

Rammohan was asked if the Tuesday attack by Maoists on five camps of the Central Reserve Police Force (CRPF) had the potential to breach his own deadline of April 24.

This would not be so, Rammohan told IANS over telephone from Chhattisgarh, adding that the latest gun battle had not affected the work of the one man-commission.

'I hope to submit the report on April 24. Tuesday night's incidents have not affected our work. Such attacks are routine in the Bastar region,' he said.

Police said that no one was injured in the latest attack, which was supposed to give 'cover to some extremists leaving the region' to neighbouring Orissa.

The troopers returned the fire and the extremists fled, police said.

Informed sources said Rammohan will reach New Delhi Thursday after completing his week-long tour of the Dantewada massacre spot, nearby areas and the state capital Raipur.

He will be giving final shape to the report in the next two days.

Chidambaram had told the Rajya Sabha Monday that he had asked the Rammohan committee to 'fix responsibility' for the April 6 massacre.

The minister had said: 'He will do a thorough inquiry. He will examine the postmortem reports and the forensic evidence. I have requested him to fix the responsibility from the assistant commandant of the CRPF right up to the minister in the ministry of home affairs.'

In Chhattisgarh, Rammohan met the few injured CRPF personnel who survived the April massacre as well as villagers and community leaders.

He also held discussions with senior police and civil officials both at the district and state headquarters.

Rammohan, a veteran of anti-militancy operations in Jammu and Kashmir and the northeast, was accompanied by state police chief Viswa Ranjan and CRPF Special Director General in charge of anti-Maoist operations Vijay Raman during his visit to Dantewada.

Indo Asian News Service


The IT has also asked the IPL franchise teams to provide the details of money paid to the cheerleaders as well as commentators. In a related development, the ED sources said preliminary investigations into the IPL saga were indicating that money had been allegedly been brought into the country through illegal means using the tax havens like Mauritius, Cooks Island and Cayman Islands.


Now, funding linked to arms dealers

New Delhi, April 21 -- In a confidential report submitted to the government, the Intelligence Bureau (IB) has indicated the involvement of "dubious fund sources from abroad" in the IPL teams, including arms dealers from the Gulf.

The IB is learnt to have raised serious questions about IPL Commissioner, Lalit Modi, pointing to his activities in Rajasthan, his home state, through which he entered the Indian cricket establishment, sources said.

The Bureau is understood to have hinted that at least one IPL team, in which Modi's family members have a stake, has shady investors. In this particular team, links have been traced to arms dealers based in India and the Gulf.

The IB has also noted that Modi's meteoric rise in Rajasthan cricket was due to his proximity with a former chief minister of the state during whose tenure he moved rapidly through the ranks. It has also referred to Modi's long-standing proximity to a senior union minister from Maharashtra.

Hindustan Times


The sources said the ED officials would be seeking details from the Income tax authorities before filing the PMLA case against unknown officials of the IPL. The Income tax, meanwhile, has sought details of tax filed by the IPL in 2008-09 fiscal as well as assessment for the 2009-10 year. The sources said that the Finance Ministry has been asked to provide the details of proposal submitted by the Rajasthan Royals before the Foreign Investment Promotional Board in 2008, which was rejected by the Government.


The IPL team of Rajasthan had sought foreign direct investment for its team without the cash inflow. It could have meant that the owners of the cricket team could be based outside India.


The FIPB has referred a fresh application from the Rajasthan Royals to Central Board of Direct Taxes for a detailed report. The application was at present being scrutinised by the security agencies.


The Enforcement Directorate has already registered a case against IPL under Foreign Exchange Management Act (FEMA) to inquire into unauthorised transfer of foreign funds. The case, registered yesterday, is the first by ED against IPL after it received preliminary information that funds from abroad, without the permission of RBI, might have trickled in, they said.


As of now, the ED has registered a case against unknown persons and would make an inquiry into the aspect of transfer of foreign funds.


Court issues notice to Kings XI Punjab

Chandigarh A local court on Wednesday issued notice to co-owners of Indian Premier League team Kings XI Punjab, including actress Preity Zinta, on a complaint accusing the franchise of not filing its balance sheets and annual returns.

The notice, returnable by July 23, was issued by Chief Judicial Magistrate J S Sidhu on a complaint filed by Registrar of Companies here.

In the complaint, the ROC alleged that the Mohali franchise has not filed any annual return and balance sheet since it came into existence.

"The company (franchise) which was set up in March 2008 has not been filing its annual returns and balance sheet which is mandatory under the Companies Act," Gaurav Hooda, counsel for the petitioner, said.

He said the notice had been issued to the co-owners, Bollywood actress Preity Zinta and industrialist Ness Wadia besides three others.

The KXIP has been in the thick of controversy recently, with the Central Excise Department here slapping notice on it seeking payment of service tax of Rs 5.38 crore.

Punjab Excise and Taxation Department had last week also issued a notice to the franchise in connection with the outstanding entertainment duty for IPL III.

KXIP was not immediately available for comment.


More concerned about BPL than IPL, Congress asserts

The verbal spat between the Congress and the Bharatiya Janata Party (BJP) continued over the Indian Premier League (IPL) Wednesday, with the ruling party rebutting the allegations that it is more concerned about the glitzy cricket event than people living below poverty line (BPL).

'As far as the IPL is concerned, there is an enquiry process on. Let the law take its own course and the enquiry reach its proper conclusion,' party spokesman Manish Tewari told reporters here.

'We are more concerned about BPL than IPL,' he added.

Tewari said the party's alliance with the Nationalist Congress Party (NCP) in Maharashtra is intact.

'We have been running government in Maharashtra for the past 11 years,' Tewari said reacting to a question on Civil Aviation Minister Praful Patel's allegation that some Congress leaders were spreading a 'slanderous campaign' against him on the IPL controversy.

Tewari said the NCP minister had not made any such comments.

On Shashi Tharoor's resignation from the council of ministers following the Kochi IPL franchise row, the Congress spokesperson said: 'The unfortunate controversy over Tharoor is a closed chapter.'


Paresh Barua hits out at Committee leader again

ULFA ''Commander-in-Chief'' Paresh Barua today accused Hiren Gohain, leader of an Assam intellectuals committee set up to facilitate talks, of not having adequate knowledge about the outfit. "Gohain''s comments about me and the ULFA is unfortunate.

He is not aware of ULFA''s internal democracy and should acquire more knowledge about the outfit. Knowledge about the ULFA among Assam''s intellectuals is indeed pitiable," Barua said in a statement e-mailed to the media here in reaction to a statement issued by Gohain today.

Gohain, Sahitya Akademi award winning litterateur, had urged Barua to examine the suggestions made by them before rushing to the media with his comments. "If Barua honours the constitution of the ULFA, he should wait until conditions are suitable for a meeting of its central committee leaders in a situation free from constraints before rushing to the press," Gohain said in a statement here.

In an e-mail sent to the media here on April 19, Barua was critical of the role played by intellectuals in solving Assam''s problems and had asserted that there could be no compromise on the issue of sovereignty. Barua further said to reject the demand for sovereignty is not a good sign and "we will not give it up.

" "I have given an opinion only after consulting members of the outfit''s central committee and I have the right to speak on behalf of the outfit," he said. Gohain had earlier clarified that the convenors of the Committee have never been ideologues of ULFA and it was therefore natural that their perception of the history and politics of the country was different from that Barua''s.


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123 45 67 89 10अगला

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LONDON (Reuters) - To embellish Benjamin Franklin's quote: "In this world, nothing is certain but death and bank taxes." Sure enough, European and US banks could pay over $35 billion a year under twin taxes proposed by the International ...

Global recovery has been "better than expected": IMF

The Hindu - Narayan Lakshman - ‎2 hours ago‎
AP A worker in a foreign exchange currency shop in central Athens on Wednesday. Photo: AP Striking a note of optimism about the global recovery following after one of the most serious recessions since the 1930s, the International Monetary Fund today ...

UPDATE 1-IMF says major currencies may need to weaken

Reuters India - Leika Kihara - ‎54 minutes ago‎
WASHINGTON, April 21 (Reuters) - Heavily indebted rich countries may need to weaken their currencies to promote exports because reducing government debt will probably slow domestic growth, an IMF official said on Wednesday. ...

IMF nudges up world GDP view; fiscal fears mount

Reuters - Lesley Wroughton, Emily Kaiser - ‎38 minutes ago‎
WASHINGTON, April 21 (Reuters) - The global economy is recovering from recession more quickly than expected but rescue efforts have worsened public finances, and if not reined in, will lead to a "debt explosion," ...

IMF pegs India's growth rate at 8.8%

Livemint - Asit Ranjan Mishra - ‎12 minutes ago‎
New Delhi: India's economy is expected to expand 8.8% in 2010 on the back of a robust recovery in private demand, the International Monetary Fund (IMF) said on Wednesday. In 2009, economic growth had slowed to 5.7% due to the downturn. ...

Emerging Asian powers lead world growth with broad recovery

The Hindu - ‎2 hours ago‎
China and India's economies slowed only slightly as the world entered recession last year and are now powering a global economic recovery, the International Monetary Fund (IMF) said Wednesday. China's economy is expected to grow at about 10 per cent ...

IMF ups India's 2010 eco growth forecast to 8.8% vs 7.7%

Moneycontrol.com - ‎2 hours ago‎
The International Monetary Fund (IMF) has upped India's 2010 economic growth forecast to 8.8% from 7.7%, reports CNBC-TV18. It has raised India's 2011 economic growth forecast to 8.4% from 7.8%. It feels durable fiscal consolidation is the main ...

IMF Tax Plans Bash Banks

Forbes - Anita Raghavan - ‎2 hours ago‎
That's the $64 million question investors in bank stocks should be asking themselves this morning amid a BBC news report that the International Monetary Fund is proposing two new taxes to fund future bank bailouts. All institutions would pay a bank ...

Taxing banks would threaten the UK's role as a financial centre

The Guardian - ‎40 minutes ago‎
The City could be under threat as a financial centre if the IMF's proposed tax is introduced, according to Angela Knight of the British Bankers' Association. Photograph: David Levene So the International Monetary Fund did what the G20 asked it to do: ...

Developing world leads the global economic recovery

BBC News - Andrew Walker - ‎4 hours ago‎
The global economy is recovering from what the IMF's managing director Dominique Strauss-Kahn has dubbed the "Great Recession". In fact, the IMF had told us before that the recovery had started, but the picture is becoming a little ...

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Bank tax could encourage risk, Flaherty
‎2 hours ago‎ - Montreal Gazette

IMF Urges Stronger Chinese Yuan; Japan Might Need More Stimulus
‎4 hours ago‎ - Bloomberg

IMF nudges up world GDP view; fiscal fears mount
‎4 hours ago‎ - Reuters

Western economies too weak for spending cuts, IMF warns
‎4 hours ago‎ - The Guardian

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Government's policies led to increase in food costs: BJP

Bharatiya Janata Party (BJP) president Nitin Gadkari Wednesday accused the Congress-led government of betraying the peoples' trust, as thousands of party activists rallied in the capital to protest untamed food prices.

Addressing the rally, Gadkari, who assumed the top BJP post in December last, said price rise had become synonym to the Congress' coming to power.

'Whenever the Congress comes to power, there is rise in prices of essential commodities,' he said, reminding Prime Minister Manmohan Singh and Congress chief Sonia Gandhi of their promise that food prices would be brought down within the 100 days of coming to power.

'But the poor people are committing suicide,' he said as the Congress-led United Progressive Alliance (UPA) government completes one year of its second consecutive stint in power.

Accusing the government of following 'wrong economic' policies, the BJP president said he had posed 14 questions to the prime minister on price rise but the ruling party failed to come up even with a single reply.

'Nobody in the Congress is in a position to give reply to these questions. They have wrong economic policies and are providing bad governance,' Ghadkari said as party activists waved saffron and green BJP flags and cheered loudly.

Driven primarily by higher food prices, India's annual rate of inflation last week was 9.9 percent in March from 9.89 percent a month ago.

Gadkari alleged that food stocks were rotting in warehouses and accused the government of deliberately neglecting the storage so that these could be sold to liquor manufactures at cheaper prices later.

The rally was also addressed by BJP's leader of opposition in Lok Sabha Sushma Swaraj, her Rajya Sabha counterpart Arun Jaitley, Rajnath Singh, Murli Manohar Joshi and L.K. Advani.

Advani said prices of essential commodities had risen between 100 to 200 percent since the UPA first took office six years back. 'This has happened because of bad management and corruption.'

He said it was the biggest rally the party had organised.

'In one way, it is a rally that has beaten the records of all previous (BJP) rallies.'

BJP activists later marched towards parliament braving the scorching sun in Delhi.

The rally hit traffic movement across central Delhi with Ring Road, Mathura Road, India Gate, Tilak Marg, Asaf Ali Road, Netaji Subhash Marg, Ranjit Singh Marg, Tolstoy Marg, Sikandra Road, Barakhamba Road, Parliament Street and Ashoka Road being the worst affected.

The party had Tuesday appealed to Delhiites to bear with the traffic jams from 10 a.m. to 6 p.m.

Law catches up with Swami Nityananda in Himachal

After being on the run for over a month, self styled godman Swami Nityananda, who faces charges of rape, criminal intimidation and cheating, was Wednesday arrested from a Himachal Pradesh village.

The Karnataka-based Nityananda has been on the run since March 23 when the Karnataka High Court rejected his plea for anticipatory bail and quashing of criminal cases against him.

He was nabbed from a village in Solan district, about 50 km from here.

'Swami Nityananda was arrested by a joint team of the Himachal Pradesh and Bangalore police from a village near Arki in Solan district. He was staying in a house for the past few days,' Additional Director General of Police I.D. Bhandari told IANS.

'The accused would be brought to Shimla later in the evening,' Bhandari added.

Video footage telecast in early March showed Nityananda in bed with two women. He denied any wrongdoing and has not been seen in public since then.

After the Karnataka High Court rejected his anticipatory bail plea, Nityananda had quit as head of his ashram, Dhyanapeetam, located about 35 km from Bangalore.

In a related development, the Karnataka Crime Investigation Department (CID) has sought information from all those affected by Nityananda's actions.

IPL franchises to support Lalit Modi

Most of the Indian Premier League (IPL) franchises continue to support IPL Commissioner Lalit Modi despite the controversies surrounding him.

Royal Challengers Bangalore owner Vijay Mallya and Rajasthan Royals co-owner Shilpa Shetty have openly supported Modi.

Shilpa Shetty said the IPL is Modi's brainchild.

"I support Lalit as someone who has been part of IPL. It is Lalit's brainchild. Because of Lalit, IPL happened," Shetty said.

"If there is something murky happening behind the scenes, I am unaware about it, and in that case, let the law take its own course. However, people should not jump to conclusions. Till you are not proven guilty, you are not guilty," she added.

Shetty further said that Modi should be credited for his effort to make IPL a global event.

"We must not forget that it was Lalit who made IPL successful in the overseas market. We must give him that credit. It is all because of his efforts that the IPL has become successful across the world," she said.

Shetty's statement comes in the wake of recent media reports of an income tax department probe revealing Modi's silent stake in three IPL teams - the Rajasthan Royals, Kolkata Knight Riders and Kings XI Punjab.

Shetty claimed that her team has all legal documents.

"I don't understand what is happening. Every day, new things are coming out. As far as our (Rajasthan Royal) papers are concerned, we have all legal documents. About the remaining teams, I have no idea. I don't know who is involved and from where has the money come," Shetty said.

"As an Indian, I think we all should be proud of IPL. It has generated not just a lot of revenue, but also pride in the sporting space and created job opportunities. IPL has been good in a lot of ways," she added.

The IPL franchise owners are reportedly, not too keen on the Board of Cricket Control in India (BCCI) president Shashank Manohar taking over as the league's commissioner.

Owners believe that Manohar may not be the right choice for the post of IPL Commissioner, as matters need to be conducted professionally in the league. (ANI)


21/04/2010

I-T sleuths raid IPL franchise offices across India

New Delhi: In a nation-wide raid, Income Tax sleuths on Wednesday swooped down on the offices of IPL franchisees Kolkata Knight Riders, Chennai Super Kings, Deccan Chargers and Kings XI and also on companies handling the broadcast rights of the cash-rich cricket League. Meanwhile, the Enforcement Directorate has also filed a case against the cash-awash IPL to inquire into unauthorised transfer of foreign funds.

Income Tax authorities broad-based its probe into the alleged financial irregularities in the Indian Premier League surveying offices and looking into documents in tandem with the Enforcement Directorate(ED) investigating the routing of funds from tax havens into the three-year-old league. The surveys were continuing.

The searches signalled a tense build-up to the expected showdown between embattled IPL chief Lalit Modi who is under pressure to resign and his detractors in the BCCI ahead of the April 26 meeting of the IPL's Governing Council. Summons were issued to the BCCI by the Income Tax authorities to furnish complete details of all eight original IPL franchisees.

The ED registered a case against IPL--the first-- under Foreign Exchange Management Act (FEMA) to inquire into unauthorised transfer of foreign funds, Directorate sources said.

In Kolkata, a seven-member team of Tax officials surveyed the offices of Bollywood star Sharukh Khan's Kolkata Knight Riders and Cricket Association of Bengal.

There were simultaneous searches on the offices of the Red Chillies Entertainment which owns KKR at the Eden gardens and then on Gameplan, a sports management group which looks after KKR's affairs on Shakespeare Sarani.

In Chennai, Tax sleuths today surveyed the office of CSK owned by India Cements. BCCI Secretary N Srinivasan is the Vice-Chairman and Managing Director of India Cements.

In Secunderabad, an IT team visited the office premises of Deccan Chargers Sporting Ventures limited. "Our investigation team was there in the Deccan Chargers office," an IT official said. Company officials denied any searches or raids.

IT officials also went for a survey of the Kings XI office in Gurgaon, sources said.

In Mumbai, the IT department searched the premises of companies associated with the IPL in the wake of allegations that telecasting agency Multi Screen Media had paid a facilitation fee of USD 80 million to marketing agency World Sports Group.

The searches were conducted at the office premises of Multi-Screen Media (MSM) in suburban Malad, the telecasting agency of IPL, World Sports Group (WSG), the marketing agency of IPL, International Management Group (IMG), the organising agency, and the Bandra house ofVenu Nair, CEO of WSG.

The raids are related to a "facilitation fee" of USD 80 million paid by MSM (formerly Sony Entertainment Television) to WSG, a source close to the development said.

"The Tax officials requested details of the contractual arrangements in relation to the BCCI and IPL and WSG cooperated fully with the investigating officers and will continue to do so," a WSG statement said.

The ED case is the first by it against IPL after it received preliminary information that foreign funds without permission of RBI might have trickled in, sources said.

There have been reports that funds from tax havens like Mauritius have been pumped into the league by various franchisees in violation of FEMA provisions.

ED files case against IPL to probe flow of foreign funds

The Enforcement Directorate (ED) has registered a case against cash-awash Indian Premier League (IPL) under Foreign Exchange Management Act (FEMA) to inquire into unauthorised transfer of foreign funds, ED sources said today.

The case, registered yesterday, is the first by ED against IPL after it received preliminary information that funds from abroad, without the permission of RBI, might have trickled in, they said.

As of now, the ED has registered a case against unknown persons and would make an inquiry into the aspect of transfer of foreign funds. However, during the inquiry if names of any persons crop up then show cause notices would be issued to them and their names would be included in the case, the sources added.

There have been reports that funds from tax havens like Mauritius have been pumped into the league by various franchises in violation of FEMA provisions.

No sweat equity in our bids, say Adani, Videocon

Caught in the midst of the IPL bids controversy, corporate giants Adani and Videocon today said they had not offered any sweat equity to any union minister or their kin to secure a T20 cricket team.

There were reports that the bid documents of the two were missing when IT officials visited Indian Premier League (IPL) offices last week amid allegations that the corporate houses had offered sweat equity to politicians to clinch the deal.

Adani and Videocon had last month unsuccessfully bid for the two franchises that were to be added to the hugely popular IPL tournament. Debunking the reports, a top official of Gautam Adani-led Adani Group told PTI: "We bid for IPL franchise through Adani Enterprises which is a listed company. Adani Enterprises was to own 100 per cent in the team. Never did we offer any sweat equity to anyone."

He was responding to a question whether the bid contained provision for sweat equity to a union minister or his kin. Answering an identical question, a top official of Venugopal Dhoot led Videocon told PTI, "No we did not offer any sweat equity."

The Adani Group official said the group's IPL bid was not mentored by anyone.
Earlier, the Gujarat-based Group issued a statement saying it was in possession of copies of its bid for IPL franchise and was ready to share it with the authorities probing alleged irregularities in the cricket franchise auction.

There were allegations that bid documents of Adani and Videocon, who were among the bidders for the two franchises that finally went to Sahara and Rendezvous Sports, were missing.

"The copies of the bid documents (of the second round) submitted by us have been retained by us and we are ready to provide the same to the authorities, as we are perfectly on the right side of the law," Adani said in a statement. Adani said its bid papers for the first round were returned unopened by IPL as the round was canceled.

"The documents of the second round from all bidders were opened at the ceremony and were retained by IPL. It is normal practice to dispose of the bid documents from unsuccessful bidders after a specified time, in line with the guidelines framed by the organisation, normally after the validity of the offer expires, in this case by IPL," Adani said.

The group, however, did not say how the bid submitted by it last month was valid and if IPL could have disposed it of.

I-T raid on IPL broadcasters' offices prompted by $80 mn facilitation 'fee'

The I-T search is in connection with the facilitation fee allegation. World Sports Group had initially bagged IPL telecast rights, but it was later given to Multi Screen Media.

The Income Tax Department on Wednesday searched the premises of companies associated with the Indian Premier League (IPL) in the wake of allegations that telecasting agency Multi Screen Media had paid a facilitation fee of $80 million to marketing agency World Sports Group.

The searches, which started this morning, were on in the office premises of Multi-Screen Media (MSM) in suburban Malad, the telecasting agency of IPL, World Sports Group (WSG), the marketing agency of IPL, International Management Group (IMG), the organising agency, and the Bandra house of Venu Nair, CEO of WSG.

The raids are related to a "facilitation fee" of $80 million paid by MSM (formerly Sony Entertainment Television) to WSG, a source close to the development said.

A group of more than 20 I-T officers are participating in the raid, the source said.
Faced with the allegation, WSG had yesterday claimed that it had done no wrong and would take appropriate action to uphold its reputation.

"Any allegation that WSG has used any funds received in connection with its sub-licence of these rights for inappropriate or unlawful activities is completely unfounded and without substance," World Sports Group (WSG) had said in a statement.

In 2008, WSG bagged IPL television rights for 10 years with a $918 million bid and a promise to spend $108 million on the event. It also signed a deal with MSM making Sony the official broadcaster.

However, two months before IPL-2, the deal was scrapped. It was recast with MSM agreeing to pay $1.63 billion for nine years. According to I-T sources, MSM agreed to pay WSG's offshore company in Mauritius a "facilitation fee" of 7.5 per cent of the IPL contract, which is around $80 million.

On April 14, 2009, MSM remitted, from the Development Bank of Singapore to WSG $15.3 million and on June 26, 2009, $10.276 million in two separate instalments, the sources said.

When BCCI found out about the deal, they summoned Venu Nair, CEO of WSG, they added. On Thursday, a special team of the I-T officials visited the headquarters of the cash-rich IPL in connection with an inquiry into financial details and share holding patterns of all the IPL franchisees.

The team's visit, part of a "source probe", has been initiated by the Department of Revenue in the Ministry of Finance to look into the financing aspects of the multi-crore IPL in the wake of the controversy over the funding of IPL Kochi.

The IPL office is housed in the BCCI building at the Wankhede stadium. Simultaneously, other I-T teams visited Lalit Modi's office at Worli and Hotel Four Seasons, which happens to be base of the IPL chairman.

IPL Commissioner Lalit Modi and the eight IPL teams have been under the tax scanner for two years but it took the face-off between Modi and Union Minister of State for External Affairs Shashi Tharoor to get the taxmen to act.

Meanwhile, with pressure mounting on the Board of Control for Cricket in India (BCCI) to strip Indian Premier League commissioner Lalit Modi of all powers, the board has demanded that the league turn over all its papers.

In an email to IPL CEO Sundar Raman, BCCI secretary N Srinivasan has demanded the return of all IPL papers and documents to the board.

BCCI president Shashank Manohar met Union Minister Sharad Pawar to discuss "the entire IPL situation". He later met BCCI media and finance committee chairman Rajiv Shukla and DDCA president and senior BJP leader Arun Jaitley.

As a first move, the cricket bosses decided to probe allegations of financial mismanagement against Modi through an internal inquiry. The issue of naming an interim IPL chairman pending inquiry also came up for discussion. The names of Manohar and Jaitley are already doing the rounds for a possible replacement.

"In the present scenario, it would be in the best interest of the BCCI to clip Modi's wings. But there are chances that he can still remain in the governing council as a member. In case the findings of the BCCI probe go against Modi, things can change," said a top BCCI official.

Pawar announced that the IPL governing council will meet on April 26 . "Our total approach in the governing council will be to take collective, unanimous decisions, and give future direction to Indian cricket," he told reporters after Manohar flew in from Nagpur.

Asked whether Modi would accept the governing council decision, he said: "Don't forget Mr Modi is also a vice-president of the BCCI... our total approach and past experience is that we always take collective and unanimous decisions to which everyone is party, including Lalit Modi."

Landing in Mumbai from Dubai where he had gone to attend an ICC meeting, Modi parried questions about his resignation. "There is no question of me resigning. We have the governing council...I will present all facts against me. There is nothing to worry about," he said.

We are on right side of law, will share bid details: Adani

New Delhi: Gujarat-based industrial house Adani today said it was in possession of copies of its bid for IPL franchise and was ready to share it with authorities probing alleged irregularities in the cricket franchise auction.

Adani, which failed to win either of the two franchises put up for auction by IPL last month, claimed no wrong-doing saying it was "on the right side of the law."

Finance Minister Pranab Mukherjee had told Parliament on Monday that departments concerned were looking into all allegations against the Indian Premier League, which runs the hugely famous 20-20 cricket tournament.

There were allegations that bid documents of Adani and Videocon, who were among the bidders for the two franchises that finally went to Sahara and Rendezvous Sports, were missing.

"The copies of the bid documents (of the second round) submitted by us have been retained by us and we are ready to provide the same to the authorities, as we are perfectly on the right side of the law," Adani said in a statement. Adani said its bid papers for the first round were returned unopened by IPL as the round was cancelled.

"The documents of the second round from all bidders were opened at the ceremony and were retained by IPL. It is normal practice to dispose off the bid documents from unsuccessful bidders after a specified time, in line with guidelines framed by the organisation, normally after the validity of the offer expires, in this case by IPL," Adani said.

The group, however, did not say for how the bid submitted by it last month was valid and if IPL could have disposed it off. Videocon Chairman Venugopal Dhoot declined to comment on the IPL row.

Allegations of irregularities first surfaced after IPL Commissioner Lalit Modi tweeted details of Kochi franchise's ownership, which included Sunanda Pushkar, a close friend of the then Minister of State for External Affairs Shashi Tharoor.

Tharoor resigned from the union council of ministers on Sunday following allegations that he helped Pushkar get free equity in the team. Subsequently, authorities including the Enforcement Directorate, Income Tax and Registrar of Companies are probing alleged irregularities in IPL.


Govt directs RoCs to collect details on IPL franchises

The government today directed the Registrar of Companies (RoCs) to collect all details on IPL franchises, the bidding process and the sweat equity even as Minister for Corporate Affairs Salman Khurshid said his ministry would not like to "rush in" with an inquiry which looks "untidy".

"I only know what the Finance Minister said in Parliament that he will ensure action against everybody, who has committed any wrong in the matter, and get the matter thoroughly investigated by concerned agencies. If something comes out from this action, which has any relation to company affairs, then it will come to us and we will take whatever action that is required only then," he said.

Khurshid said "we can't just make a roaming inquiry that looks untidy ... (We) can't rush in ... The FM has made it clear that a transparent inquiry will be done. Let the world know what it is all about. If there are irregularities, let those be accounted for. It is an assurance by FM in Parliament. I cannot improve upon it ... We will do what is required".

"We certainly don't like harassing people ... RoCs keep an eye on the companies. They will notice if there is something wrong. We have an early warning system in place.

Let's see if any of these companies fall within that system's parameters which puts them under high risk category of companies," Khurshid said later in the day while speaking to NDTV.

The minister said "We will take action if there is any complaint related to company affairs i.e. if somebody has not filed the balance sheet or appointed directors in a wrong manner."

He said details of all registered companies are available on the ministry's website. "The problem actually arises if ground reality (about companies) is different (from what details they have filed). Something must trigger off investigations into that," Khurshid said.

Since the questions being raised about IPL so far relate to only money transaction, they are being investigated by the Registrar of Companies and Enforcement Directorate, he said.

"We will come in the picture if something related to company affairs comes out in their investigation. It's not that we are sitting here waiting for an opportunity to get a prey and hunt on it. Our job is to ensure that law is practised ... if we come to know that any step related to corporate law has been taken which makes our intervention necessary, then we will see it," Khurshid said.

"The ministry could do some due diligence to see that our records are in order... We will have to wait for a trigger to get things moving," Khurshid said.

On being asked to comment on the high profile people connected with the controversy, the minister said, "these are public figures associated with cricket and BCCI. If there are public figures then all kinds of things will be said. It is a bit unfair to pin down somebody unless there is authentic information (about anybody)."

Khurshid said "people may have interests and investments (in IPL), but that does not take it to some level of illegality ... You may or may not want to disclose something you have, but it does not mean its illegal. We should be careful and cautious as reputations are involved.

There are senior people, they may just be innocently involved with cricket....It is a bit unfair. We have agencies and regulators that can unearth ... we should wait for that ... I don't think anybody would be interested in covering up. It would be inadvisable to do so".


Mumbai Indians makes equity holding pattern public

In the midst of a raging controversy over financing of IPL, Mumbai Indians, one of the eight franchises, has filed its equity holding pattern with the League.

According to the filing made public today, 98.3 per cent of the equity of Mumbai Indians' franchisee, IndiaWin Sports Pvt Ltd, is held by Reliance Industrial Investments and Holdings Ltd (RIIHL) and the remaining 1.7 per cent is held by Teesta Retail Pvt Ltd.

RIIHL is a 100 per cent subsidiary of Reliance Industries and Teesta is a part of RIIHL. The equity of RIIHL has increased because they have converted the loan given to Teesta into equity, company sources said.

The filing however, does not elaborate on the quantum of the loan that was converted into equity. The statement comes in the wake of demands that the team owners should come clean on their holding patterns in the League.

A spokesperson of IndiaWin Sports Pvt Ltd said in a statement that "since inception, it is a well-known fact that the Mumbai Indians is owned by IndiaWin Sports Pvt Ltd.

"Reliance Industries, through its investment companies has invested in the entire equity of IndiaWin Sports Pvt Ltd. Over the last three years, there have been changes in the holding by investment companies.

"However, there is no change in the original position -- that is Reliance Industrial Investments and Holdings Ltd, the 100 per cent subsidiary of Reliance Industries effectively owns 100 per cent economic interest in IndiaWin Sports Pvt Ltd.

Source: Agencies


PCB not to issue notice to Waqar

Karachi.The Pakistan Cricket Board today said it had no intention of issuing any notice to national team coach Waqar Younis over his gaffe over the announcement of replacement players for the Twenty20 World Cup. Wasim Bari, the chief operating officer of the board said that lot of fuss had been created over the issue.

"We all just want to focus on the World Cup which is a very important tournament for us and for us this whole issue is a closed chapter now," he said. Bari said the board had no plans to issue any notice to Waqar as the matter was now closed.

Waqar had to call up the PCB chairman Ejaz Butt to apologise after he and captain, Shahid Afridi went ahead and announced that Muhammad Sami and Muhammad Irfan would replace the injured Umar Gul and Yasir Arafat in the Pakistan squad. While Sami was among the five reserves for the tournament rookie pace bowler, Irfan didn''t feature in even the 30-member provisional squad for the World Cup.

Butt then rejected the inclusion of Irfan and through the board announced that Sami and left arm spinner, Abdul Rehman would be the replacement players leaving the team management and national selectors red faced. Butt apparently was upset that the captain and particularly Waqar had violated the policy of the board in announcing the replacements without any approval from the board.

Bari said the national team now needed a lot of support from the media and the people. "I think we should forget about these little things and move ahead and support the team because if it does well in the World Cup it will bring glory for Pakistan first," the former Test captain said.

However, many former Test players have slammed Butt and the board for their insensitive handling of the whole issue with former captain, Aamir Sohail calling for an end to the one-man show in the board. "I think it is about time that powers and responsibilities are properly designated in the board why should the Chairman hold all the powers and have a say in selection matters," he said.

He said in no country was the board chairman empowered to override the national selectors or team management in cricketing matters. "Even if Waqar made a mistake in making a premature announcement but the board should have shown more consideration for his seniority and spoken to him privately but given the approval for the two players the team management and selectors agreed upon," Sohail said.

FIR registered against Modi''s bodyguards in Mumbai

An FIR has been registered against the bodyguards of Indian Premier League (IPL) Commissioner Lalit Modi for allegedly thrashing media persons outside Mumbai International Airport in suburban Andheri, police said today. The FIR was registered against four bodyguards of Modi, who arrived here from Dubai yesterday, after they allegedly assaulted media persons and damaged their cameras outside the airport, police said.

"We have recorded the statements of media persons, including complainant Santosh Nandi, who is a cameraman with a news channel. Nandi was admitted to hospital following the fight," said Inspector S P Lokhande at Sahar Airport Police Station.

The four bodyguards were booked under IPC Sections 323 (for voluntarily causing hurt), 160 (for committing affray), 504 (intentional insult with intent to provoke breach of peace) and 506 (for criminal intimidation), Lokhande said adding further probe was on. Nandi alleged the bodyguards had punched and kicked media persons when they went for sound-byte of Modi soon after he came out of the airport.

"I was punched and kicked on my stomach and my camera was also damaged in the scuffle. I was admitted in the hospital", he said.

Madan hopeful for early solution to Gorkhaland issue

Siliguri, Apr 21 (PTI) Lt Gen (retd) Vijay Madan, the interlocutor for talks on separate Gorkhaland, said he was hopeful of an early solution to the issue as both the West Bengal government and the Centre were sincere to resolve the crisis and their initiatives were in the ''right direction''. Madan told reporters here that he would hold talks with the GJM leadership in a day or two and discuss different points relevant to the next round of political level talks scheduled in the middle of next month.

Though he did not elaborate the exact situation of talks at the moment, Madan said that the very purpose of his visit to Darjeeling hills was to elaborate the strategies of both the state and the Centre on the demand of Gorkhaland to make the May tripartite talks fruitful.

Tharoor's cyber-supporters keep growing: 12,000 and counting

New Delhi, April 21 (IANS) Three days after his resignation, a portal rallying around the beleaguered Shashi Tharoor has been deluged with over 12,000 pledges of support.

The messages included one from someone claiming to be former UN chief Kofi Annan.

'Hi 1.2 billion+ people of India. If you think you live in a democratic country, then you are 100% wrong,' wrote someone introducing himself as Annan in a message posted at http://supporttharoor.org, a portal that was launched to garner support for the beleaguered minister a day before he resigned.

'You vote for the election once in 5 years. And for 5 years the country belongs to your politicians. They enjoy for 5 years. So if you think India is democratic, think again,' Annan writes.

He urged Indians to support 'good politicians like Rahul, Tharoor, Nitish, Umar.'

'Go support them, I as an ex-UN chief will be deeply obliged,' he writes.

It can't be confirmed who was the author of the message. But observers pointed out that a seasoned diplomat can't be talking in a casual manner like this.

The portal has now garnered over 12,000 pledges for the former minister and first-time MP from Kerala.

Tharoor served as executive assistant to the then UN Secretary-General Kofi Annan in the late 1990s. After Annan's term ended in 2006, Tharoor contested for the post of the UN secretary general, but lost it to South Korea's Ban Ki-moon.

Indo Asian News Service
India to be world's biggest DTH market by 2012 - study

Wed, Apr 21 07:43 PM

India will become the largest direct-to-home (DTH) market in the world in terms of subscribers by 2012, overtaking the U.S., according to a study by Media Partners Asia (MPA).

The number of Indian DTH subscribers will reach 58 million by 2020, and 45 million by 2014 from a net installed base of 17 million in 2009, the report said.

Pay television industry sales in India are also seen growing to $12.1 billion by 2014 and 18.5 billion by 2010, it said.

Most direct-to-home (DTH) satellite pay-TV operators will start making money after 2013.

MPA projections indicate that Pay-TV penetration will grow to more than 90 percent in the long-term from 78 percent in 2009. Cable will retain 70 percent market share by 2014, falling to 64 percent by 2020, while DTH will scale up to almost 35 percent share long-term, the report said.

Total pay-TV subscription revenues in India will grow at an average annual rate of 14 percent over the next five years and 10 percent over the next decade, reaching $8 billion by 2014 and more than $12 billion by 2020.

MPA sees the total pay-TV advertising market reaching $3.2 billion in 2014 and $5.1 billion by 2020, helped by a resurgent economy, an expanded pay-TV market and growth of regional media.

(Reporting by Neha Singh; Editing by Harish Nambiar)

RBI gov sees policy reversal over time

Wed, Apr 21 05:16 PM

Reserve Bank of India (RBI) Governor Duvvuri Subbarao poses before a meeting with bankers prior... Enlarge Photo Reserve Bank of India (RBI) Governor Duvvuri Subbarao poses before a meeting with bankers prior...

The Reserve Bank of India (RBI) is looking to reverse its expansionary monetary policy stance over a period of time and cannot be certain that the reverse repo rate will remain its operative rate, its governor said on Wednesday.

The remarks by RBI Governor Duvvuri Subbarao, a day after the central bank lifted policy rates by 25 basis points, sent bond yields slightly higher as investors anticipated tighter liquidity and further rate increases.

The reverse repo rate, which is the rate at which banks lend to the RBI, marks the lower boundary of India's interest rate corridor, with the repo rate as the higher rate. When liquidity is in surplus, market rates tend toward the lower end of the corridor, which is the reverse repo rate.

"We can't assure reverse repo rate will be the operative rate. Ideally we will like the operative rate to be in the middle of the LAF (liquidity adjustment facility) corridor, but that's difficult to maintain at that level," Subbarao said on a conference call with analysts.

The average one-day call money rate on Wednesday was 3.79 percent.

"We would ensure the call rate is within the LAF corridor but it is not clear that we will definitely maintain it at the reverse repo level," Subbarao said.

The call rate is the interbank overnight lending and borrowing rate.

The RBI on Tuesday raised the reverse repo rate and repo rate to 3.75 percent and 5.25 percent, respectively, along with increasing the cash reserve ratio by 25 basis points to 6.00 percent.

Government bond yields, which fell on Tuesday on market relief that RBI did not tighten more sharply, rose slightly after Subbarao's Wednesday remarks.

The 10-year benchmark bond yield touched the day's high of 8.02 percent compared to 7.98 percent before the comments.

"What is certainly clear is we will have to reverse our expansionary stance over the next few months. I cannot say whether that number of months should be more than 12 or less than 12," Subbarao said.

Tuesday's policy tightening was criticised as inadequate by some analysts and a Reuters poll showed that a majority of economists expect the RBI to raise rates again before its next scheduled policy meeting on July 27.

"The comment that there is no assurance of maintaining the operative rate at the reverse repo level led to some sell-off. The comment on reversal of expansionary policy was another reason, as some people had not expected such a possibility soon," said Manish Wadhwan, deputy head of rates at HSBC India.

Subbarao also said that resorting to open market operation for managing the government borrowing programme was the last option given expectations of robust capital inflows.

(Additional reporting by Swati Bhat and Neha D'silva; Editing by Tony Munroe)

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Bomb-hit India fights to secure major sports events

Wed, Apr 21 03:52 PM

Forensic experts inspect the site of a bomb blast outside a cricket stadium in Bangalore... Enlarge Photo Forensic experts inspect the site of a bomb blast outside a cricket stadium in Bangalore...

India is fighting to reassure foreign participants that it will provide foolproof security for the Commonwealth Games and the Cricket World Cup, despite a recent bombing and the Mumbai attacks of 2008.

Threats to sporting events were underscored last week when bombs went off outside a packed cricket stadium in south India, stirring fears India may not be able to secure elaborate, multi-city events involving tens of thousands of players and spectators.

But Indian police have sought to calm the jitters, citing their security apparatus which includes turning stadia into virtual fortresses, food tasters for athletes and aerial vigils. Delhi hosted a successful hockey World Cup this year.

"I cannot pre-empt threats, threats are there, but we are wide awake," Y.S. Dadwal, chief of Delhi Police, told Reuters. "We will not allow anything to happen, security is top priority ... It will be a foolproof system in place."

The October Commonwealth Games in New Delhi involving 54 nations will be by far the largest global sporting event ever in the country. India is keen to put together a world-class show to go with its image of a fast-modernising, emerging economic giant.

But the run-up to the Games has been mired in controversies and missed construction deadlines, sparking a sense of unprofessionalism that is probably now also colouring views about the organisers' ability to provide foolproof security.

For instance, a full-fledged setup dedicated to the security of the Games should have been in place by now.

"One does not get the impression that this is so," said B. Raman, former chief of India's spy agency.

ILL-PREPARED

Indian media have reported on what they said were an ill-prepared police, unsecured games sites and delay in buying crucial security equipment.

"Pressed for manpower, the Delhi police have been unable to maintain a watch on workers and trucks carrying material into construction venues," the Hindu newspaper said in a report.

"Integrated-circuit timers, which have been deployed with increasing frequency by jihadist groups, can be programmed to detonate up to a year after they are planted -- demonstrating the need for better security at construction sites."

There are other problems as well. With police, private guards and organisers all involved in providing protection, there is no single-point authority for security at sports venues.

In comparison, China's spectacular hosting of the Olympics last year involved designing and building each stadium in consultation with security and emergency experts. It put in place a central security control room four years before the Games.

Indian police and experts say the Games face a threat because hitting high-profile events generate publicity for militants.

"They make attractive soft targets because of the large crowds, participation of foreign sports personalities and foreign media coverage of the events," Raman said.

The Commonwealth Games will act as a pointer for next year's cricket World Cup.

While the Games may be a little easier to control because they are in one city, the World Cup spread over eight cities in India will pose a greater challenge in smaller cities where security can be crippled by an under-trained police force.

One players' body has slammed India for poor security at the Bangalore stadium where last week's blast wounded 14 people.

The chief executive of the Federation of International Cricketers' Associations said this week the Bangalore blasts reflected poorly on India's capacity to co-host the World Cup, and that they were disappointed with arrangements.

A top interior ministry official said in February militants may target other parts of the country while the Commonwealth Games were on and that the real danger could be from a lone attacker rather than a coordinated attack like the one in Mumbai that killed 166 people.

(Additional reporting by Rina Chandran in Mumbai; Writing by Krittivas Mukherjee; Editing by Alistair Scrutton)

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Indian Premier League 2010

BCCI talks tough on action over IPL

Cricinfo staff

April 21, 2010

Text size: A | A

Sharad Pawar and Rajiv Shukla step into a city hotel, Chittagong, May 19, 2007
Rajiv Shukla joined Sharad Pawar in hinting that the BCCI was set to act decisively on controversies surrounding the IPL © AFP
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The prospects of Lalit Modi remaining IPL chairman and commissioner appeared to recede on Wednesday with the BCCI talking tough on action over the allegations against him, while the federal intelligence agencies widened their investigations to include the IPL TV rights holders.

In New Delhi, Rajiv Shukla, the board's media and finance committee chairman, issued a statement saying the IPL governing council's decision, to be taken at its April 26 meeting, would be final and binding on those concerned. "The question of people refusing to back down or not, they don't matter," Shukla told PTI. "After the meeting between BCCI president Shashank Manohar and Sharad Pawar yesterday, it has been decided that, at the April 26 governing council meeting, we will sit together and unanimously decide what to do."

Shukla, who is reported to be briefing the Prime Minister on the issue at some point on Wednesday, said the BCCI was ready to take tough decisions if required to uphold its image. "These decisions would be in the interest of cricket and the BCCI. No matter how harsh they might seem, decisions would be taken to protect the BCCI and cricket's image in the country. We have never compromised on our image in the past 60 years and there will be no compromise this time too," he said.

The controversy began with Modi questioning the role of Shashi Tharoor, the former federal minister, in the Kochi franchise, but has widened considerably to include Modi's role in the IPL, the financial affairs of the franchises and several of the other stakeholders in the tournament.

On Wednesday, the Income Tax department raided the offices of Multi Screen Media (MSM) and World Sports Group (WSG), the two firms that hold the TV broadcast rights to the IPL. The "surveys", as tax officials call them, were conducted in four different locations, including the home of the WSG's South Asia president, Venu Nair.

In 2008, WSG bagged the TV rights for a ten-year period, with a $918 million bid and a promise to spend $108m on promoting the event. It had simultaneously signed a deal with MSM that Sony would be the official broadcaster. The contract was recast before IPL 2009, with MSM agreeing to pay $1.63 billion for nine years.

That contract is now believed to be the subject of investigation but WSG has denied allegations of impropriety. "Any allegation that World Sports Group has used any funds received in connection with its sub-licence of these rights for inappropriate or unlawful activities is completely unfounded and without substance," read a statement issued by WSG.

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मालग़ाडी के डिब्बे पटरी से उतरे, दिल्ली-हाव़डा मार्ग बाधित

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लखनऊ। उत्तर प्रदेश के कानपुर जिले में बुधवार त़डके एक मालग़ाडी के तीन डिब्बे पटह्वरी से उतर गए। इससे दिल्ली-हाव़डा रेलमार्ग बाधित हो गया। हालांकि इस दुर्घटना में किसी के हताहत होने की सूचना नहीं है। यह दुर्घटना कानपुर जिले के आमियापुर रेलवे स्टेशन के पास हुई। यह मालग़ाडी कानपुर से रवाना होकर दिल्ली जा रही थी। जीआरपी निरीक्षक परमहंस मिश्रा ने कहा कि दुर्घटना के कारणों का अभी पता नहीं चल सका है।

बसपा नेता की गोलीमार कर हत्या

खास खबर - ‎3 घंटे पहले‎
वाराणसी। उत्तरप्रदेश के वाराणसी जिले में सत्तारूढ़ बहुजन समाज पार्टी (बसपा) के नेता की मंगलवार दोपहर गोलीमार कर हत्या कर दी गई। पुलिस के अनुसार यह घटना वाराणसी शहर के कैंट इलाके में हुई। हथियारबंद तीन मोटरसाइकिल सवार लोग बसपा नेता कृष्ण मोहन पांडे (32) को मंगलवार दोपहर उनके घर के पास गोली मारकर फरार हो गए। वाराणसी के पुलिस उपाधीक्षक संसार सिंह ने बताया कि गोली पांडे के सीने में लगी जिससे उनकी मौके पर ही मौत हो गई। ...

कांग्रेस का दलित प्रेम

याहू! जागरण - ‎53 मिनट पहले‎
राजनीतिक रूप से संवेदनशील और सर्वाधिक आबादी वाले राज्य उत्तर प्रदेश में कांग्रेस दलितों का दिल जीतने और उन्हें वापस अपने खेमे में लाने के लिए हरसंभव प्रयास कर रही है। यह कोशिश तब और प्रखर दिखी जब दलितों के प्रति प्रेम दिखाने के लिए बाबा साहेब अंबेडकर के जन्मदिन को चुना गया। हालांकि, इस तरह के दावे के बारे में सबको मालूम है कियह और कुछ नहीं, बल्कि राजनीतिक खेल का खुला प्रदर्शन है। यदि इन दलों का अंबेडकर के प्रति कोई लगाव ...

रिजल्ट सुधारने केंपियन स्कूल ने छात्रों को निकाला

याहू! जागरण - ‎20 घंटे पहले‎
भोपाल। अपना रिजल्ट सुधारने केम्पियन स्कूल द्वारा एकमुश्त आधा सैकड़ा छात्रों को टीसी थमाने से नाराज अभिभावकों ने मंगलवार को जमकर हंगामा किया। नाराज माता-पिता और छात्र दिनभर प्राचार्य के कमरे के बाहर ही धरने पर बैठे रहे। बावजूद इसके प्राचार्य ने कोई बात नहीं की। पुलिस के पहुंचने पर ही पालक शांत हुए। बुधवार को यह विवाद बढ़ने की संभावना है। जानकारी के अनुसार स्कूल प्रबंधन ने ग्यारहवीं कक्षा के 51 कमजोर छात्रों को दोबारा ...

तृणमूल और माकपा कार्यकर्ता भि़डे, दो की मौत

खास खबर - ‎5 घंटे पहले‎
कोलकाता। पश्चिम बंगाल के वीरभूम जिले में बुधवार त़डके माक्र्सवादी कम्युनिस्ट पार्टी (माकपा) और तृणमूल कांग्रेस के कार्यकर्ताओं के बीच भि़डंत हो गई। इसमें दो लोगों की मौत हो गई। जिले के पुलिस अधीक्षक रवींद्रनाथ मुखर्जी ने बताया कि डबराजपुर प्रखंड के चानुच गांव में दोनों गुटों के कार्यकर्ताओं में किसी बात को लेकर उत्पन्न हुए विवाद ने हिंसक रूप ले लिया। इसमें एक व्यक्ति की मौत आदमपुर गांव में हो गई जबकि दूसरे मृतक की ...

मुम्बई: पुलिस आयुक्त का तबादला

खास खबर - ‎11 घंटे पहले‎
मुंबई। शहर में बढते अपराधों को देखते हुए सरकार ने वर्तमान पुलिस आयुक्त को हटाकर दूसरे को लगाने का फैसला किया है। विधान परिषद में गृह राज्य मंत्री रमेश बागवे ने मंगलवार को विधान परिषद में कहा कि पुणे में बढते अपराध को देखते हुए वर्तमान पुलिस आयुक्त सत्यापल सिंह का तबादला किया जाएगा और किसी अन्य योग्य पुलिस आयुक्त को इस पर तैनात किया जाएगा। हाल ही में एक महिला के साथ हुए सामूहिक बलात्कार पर चर्चा के दौरान विधान परिषद के ...

बेंगलुरू विस्फोट के संदिग्ध का स्केच जारी

That's Hindi - ‎2 घंटे पहले‎
बेंगलुरू के पुलिस आयुक्त शंकर बिदारी ने संवाददाता सम्मेलन के दौरान 5.5 फीट लंबे और सांवले रंग के संदिग्ध व्यक्ति का स्केच बुधवार को जारी किया। उल्लेखनीय है कि 17 अप्रैल को रॉयल चैलेंजर्स बैंगलोर और मुंबई इंडियंस के बीच होने वाले मैच से पहले स्टेडियम के बाहर हुए दोहरे बम विस्फोट में 16 लोग घायल हो गए थे। विस्फोट की वजह से मैच एक घंटा देर से शुरू हुआ था। स्टेडियम के बाहर से तीसरा विस्फोटक उस समय बरामद किया गया जब मैच चल रहा था ...

आग ने छीनी मां व तीन बेटियों की जिंदगी

दैनिक भास्कर - ‎18 घंटे पहले‎
मंडावा (झुंझुनूं). कस्बे में सोमवार रात घर में लगी आग ने मां व तीन बेटियों की जिंदगी छीन ली। आग में गंभीर रूप से झुलसे परिवार के मुखिया का जयपुर में इलाज चल रहा है। आग का कारण शॉट सर्किट बताया गया है। पुलिस के मुताबिक वार्ड नौ में सोमवार रात प्रहलाद काला अपने परिवार सहित घर में सोया हुआ था। घर में रात को आग लग गई। तड़के तीन बजे मकान में हुए तेज धमाके की आवाज सुन पड़ोसियों को आग का पता लगा। लोग आग बुझाने में जुट गए लेकिन जब तक ...

आईपीएल नीलामी का मामला गरमाया

Business standard Hindi - ‎6 घंटे पहले‎
अडाणी उद्योग समूह ने बुधवार को कहा कि आईपीएल फ्रैंचाइजी मामले में बोली दस्तावेज की प्रतियां उसके पास मौजूद हैं और वह जांच एजेंसियों को इसकी जानकारी देने के लिए तैयार है। आईपीएल टीम फ्रैंचाइजी की नीलामी में अडाणी को सफलता नहीं मिली थी। आईपीएल ने 2 टीमों की नीलामी के लिए बोलियां आमंत्रित की थी। बहरहाल, अडाणी समूह का कहना है कि उसने मामले में कुछ भी गलत नहीं किया, वह कानूनी तौर पर सही रास्ते पर है। गौरतलब है कि वित्त मंत्री ...

बस्तर में सरकार नहीं नक्सल राज : कांग्रेस

That's Hindi - ‎6 घंटे पहले‎
रायपुर। दंतेवाड़ा में 6 अप्रैल को नक्सलियों के हाथों 76 सुरक्षाकर्मियों के मारे जाने की घटना के बाद कांग्रेस के एक दल ने वहां का दौरा किया। राज्य कांग्रेस के अध्यक्ष धनेंद्र साहू ने कहा, "विशाल बस्तर क्षेत्र में सरकार का कोई अस्तित्व नहीं है, वहां पूरी तरह नक्सल राज है।" छत्तीसगढ़ में प्रमुख विपक्षी दल कांग्रेस ने बुधवार को भाजपा पर नक्सलियों की आड़ में सीधे वार किये। कांग्रेस ने कहा कि नक्सलियों के मजबूत गढ़ बस्तर में ...

पत्नी को कुल्हाड़ी मार कुएं में कूदा

दैनिक भास्कर - ‎18 घंटे पहले‎
सीकर. मेलकों की ढाणी तन कांसली में युवक ने खाना बना रही गर्भवती पत्नी के सिर पर कुल्हाड़ी दे मारी। फिर खुद घर के बाहर कुएं में जा कूदा। गंभीर हालत में महिला को जयपुर रैफर कर दिया गया। दो घंटे की मशक्कत के बाद पुलिस ने कुएं से युवक का शव निकलवाया। पुलिस के मुताबिक सदर थानांतर्गत मेलकों की ढाणी निवासी गणेश सिंह (27) पुत्र हनुमानसिंह राजपूत और उसकी पत्नी पुष्पा कंवर (25) मंगलवार को घर में थे जबकि परिवार के दूसरे लोग अपने-अपने ...

मुन्नाभाई को विदेश जाने की अनुमति मिली

देशबन्धु - ‎2 घंटे पहले‎
नयी दिल्ली ! उच्चतम न्यायालय ने बॉलीवुड अभिनेता संजय दत्त को अपनी फिल्म की शूटिंग के सिलसिले में विदेश जाने की आज अनुमति प्रदान कर दी ! मुख्य न्यायाधीश के जी बालाकृष्णन. न्यायमूर्ति दीपक वर्मा और न्यायमूर्ति बी एस चौहान की खंडपीठ ने संजय की इस वर्ष के अंत तक विदेश में रुकने की अनुमति संबंधी आग्रह स्वीकार कर लिया! खंडपीठ ने याचिकाकर्ता की ओर से मामले की पैरवी कर रहे वरिष्ठ अधिवक्ता मुकुल रोहतगी की दलीलें सुनने के बाद ...

अचानक बैंसला गए सिकन्दरा

खास खबर - ‎8 घंटे पहले‎
जयपुर। गुर्जरों को विशेष पिछडा वर्ग में 5 प्रतिशत आरक्षण की मांग को लेकर पिछले तीन दिन से जयपुर में वार्ता कर रहे कर्नल किरोडी सिंह बैसला कल सुबह बिना किसी को कुछ बताए सिकन्दरा चले गए। इसी के साथ पिछले तीन दिन तक चली वार्ता का कोई नतीजा नहीं निकला। उधर कर्नल के यूं चले जाने के बाद राज्य सरकार सकते में है। सिकंदरा पहुंचे बैसला ने कहा कि जब तक सरकार और गुर्जरों की वार्ता के कोई ठोस नतीजे सामने नही आ जाते तब तक सिकंदरा चौराहे ...

पुलिस करेगी पहल

प्रभात खबर - ‎40 मिनट पहले‎
मेदिनीनगर पलामू में उग्रवादियों के भय से कई सरकारी योजना बंद पड़ी हैं. इन योजनाओं पर काम शु हो, इसके लिए पुलिस पहल करेगी. वैसी योजनाओं को सुरक्षा देकर शु कराया जायेगा, ताकि गांव में सड़क, पुल, पुलिया ओद का निर्माण हो सके. यह निर्णय बुधवार को परिसदन में डीजीपी नेयाज अहमद की अध्यक्षता में संपन्न बैठक में ली गयी. बैठक के बाद पत्रकारों से बात करते हुए डीजीपी ने कहा कि ऐसे मामलों की समीक्षा शु हो गयी है. जहां जरत होगा. ...

छवियां

बीबीसी हिन्दी
आज तक
खास खबर
हिन्दुस्तान दैन...
खास खबर
That's Hindi
दैनिक भास्कर
मेरी खबर.कोम
IBNKhabar

आईपीएल पर बरसे बाल ठाकरे

वेबदुनिया हिंदी - ‎4 घंटे पहले‎
शिवसेना प्रमुख बाल ठाकरे ने कहा कि क्रिकेट को बचाने के लिए विवादास्पद इंडियन प्रीमियर लीग पर प्रतिबंध लगना चाहिए। उन्होंने एक बयान में कहा कि विवादास्पद आईपीएल के आयुक्त ललित मोदी और पूर्व केन्द्रीय मंत्री शशि थरूर ने भद्रजनों के खेल के खेल को बदनाम कर दिया है। क्रिकेट को बचाने के लिए आईपीएल पर प्रतिबंध लगना चाहिए। संप्रग सरकार की आलोचना करते हुए ठाकरे ने कहा कि अगर उसे लोकप्रिय खेल के बारे में वास्तव में चिंता है तो ...

आईपीएल मैच बंद हों: बाल ठाकरे

याहू! भारत - ‎11 घंटे पहले‎
मुंबई। शिवसेना प्रमुख बाल ठाकरे ने कहा है कि क्रिकेट को बचाने के लिए आईपीएल मैचों पर रोक लगनी चाहिए और इसकी आय के स्रोतों की जांच होनी चाहिए। ठाकरे ने शिवसेना के मुखपत्र 'सामना' में कहा कि ललित मोदी, शशि थरूर विवाद में क्रिकेट को हो रहा नुकसान चिंता का सबब है। उन्होंने आरोप लगाया कि यह सारा खेल पैसे के लिए हो रहा है। उन्होंने आईपीएल से जुड़े सारे क्रिकेटरों की जांच की मांग की। ठाकरे ने कहा कि लगातार आठ दस मैच जीतने के बाद ...

क्रिकेट को बचाने के लिये आईपीएल पर लगे प्रतिबंध

आज तक - ‎15 घंटे पहले‎
शिवसेना प्रमुख बाल ठाकरे ने आज रात कहा कि ''क्रिकेट '' को बचाने के लिये विवादास्पद इंडियन प्रीमियर लीग पर प्रतिबंध लगना चाहिये. उन्होंने एक बयान में कहा '' विवादास्पद आईपीएल के आयुक्त ललित मोदी और पूर्व केन्द्रीय मंत्री शशी थरूर ने ''भद्रजनों के खेल '' के खेल को बदनाम कर दिया है. क्रिकेट को बचाने के लिये आईपीएल पर प्रतिबंध लगना चाहिये.'' संप्रग सरकार की आलोचना करते हुए ठाकरे ने कहा कि अगर उसे लोकप्रिय खेल के बारे में वास्तव ...

आईपीएल को बैन किया जाएः बाल ठाकरे

IBNKhabar - ‎10 घंटे पहले‎
ठाकरे ने लिखा है कि मैच की हार जीत सट्टेबाजों के इशारे पर होती है। मुंबई। जब आईपीएल विवाद में हर कोई अपनी राजनीतिक रोटियां सेंक रहा हो तो शिवसेना कैसे चुप बैठे रह सकती है। सेना प्रमुख बाल ठाकरे ने आईपीएल पर बैन लगाने की मांग की है। बाल ठाकरे ने अपने संपादकीय लेख में फिर से एक बार IPL पर निशाना साधा है। अपने लेख में उन्होंने लिखा है कि जो बैंक को लूटते हैं उन्हें हम गुनहगार कहते हैं और जो देश का लूटा हुआ पैसा क्रिकेट के जुए ...

ठाकरे ने भी साधा आईपीएल पर निशाना

मेरी खबर.कोम - ‎12 घंटे पहले‎
मुंबई: लगता है आईपीहएल के सिर पर काले बादल मंडरा रहे हैं। जिसे देखो आईपीएल की आलोचना ही कर रहा है। विपक्ष ने तो ससंद में आईपीएल को खत्म करने तक की मांग कर डाली है, विपक्ष्ा के साथ अब शिवसेना भी हो चली है। वह भी आईपीएल को खत्म करने की मांग कर रही है। शिवसेना प्रमुख बाल ठाकरे ने आईपीएल पर बैन लगाने की बात कही है। पार्टी के मुखपत्र सामना में ठाकरे ने लिखा है कि आईपीएल ने कलंकित किया है, इसलिए इस पर जल्द ही प्रतिबंध लगाया जाना ...

बाल ठाकरे भी आईपीएल के खिलाफ

Patrika.com - ‎२०-०४-२०१०‎
मुंबई। शिवसेना प्रमुख बाल ठाकरे ने भी अन्य राजनीतिक दलों की तरह आईपीएल पर प्रतिबंध लगाने की वकालत की है। बाल ठाकरे ने पार्टी के मुखपत्र सामना में लिखा है कि आईपीएल ने कलंकित किया है इसलिए इस पर बैन लगना चाहिए। ठाकरे ने पूछा है कि आईपीएल से सरकार टैक्स क्यों नहीं वसूलती है। ठाकरे ने लिखा है कि आईपीएल के नाम पर क्रिकेट से खिलवाड़ हो रहा है। उन्होंने अपने सम्पादकीय में लिखा है कि आईपीएल सिर्फ पैसा बनाने का जरिया बन गया है। ...

मोदी को मिला शिल्पा का समर्थन

याहू! भारत - ‎11 घंटे पहले‎
मुंबई। वित्तीय अनियमितताओं के कारण जांच के घेरे में आए ललित मोदी को आईपीएल फ्रेंचाइजी मालिकों का समर्थन मिलना जारी है। अब राजस्थान रॉयल्स की सह मालिक शिल्पा शेट्टी उनके बचाव में आगे आई हैं। शिल्पा ने कहा, 'मैं ललित के साथ हूं। आईपीएल ललित की ही सोच है और उन्हीं के कारण यह संभव हुआ।' शिल्पा के मुताबिक, 'यदि पर्दे के पीछे कुछ घोटाला हुआ है तो मुझे नहीं पता। मामले की जांच होने दीजिए। इससे पहले नतीजों तक पहुंचना गलत है। ...

अब शिल्पा आई ललित मोदी के समर्थन में

खास खबर - ‎9 घंटे पहले‎
मुंबई। वित्तीय अनियमितताओं के कारण आयकर विभाग की जांच से गुजर रहे ललित मोदी को आइपीएल की टीमों के मालिकों का लगातार समर्थन मिल रहा है। अब राजस्थान रॉयल्स की सह मालिक शिल्पा शेट्टी मोदी के समर्थन में सामने आ गई हैं। इससे पहले रॉयल चैलेंजर्स बेंगलुरू के मालिक विजय माल्या मोदी का समर्थन कर चुके हैं। शिल्पा ने यहां कहा आईपीएल ललित मोदी के दिमाग की उपज है। ललित के कारण ही आइपीएल अस्तित्व में आया। मैं ललित का सम्मान आइपीएल के ...

मोदी के बचाव में आगे आईं शिल्पा

मेरी खबर.कोम - ‎7 घंटे पहले‎
नई दिल्ली: आईपीएल की टीम राजस्थान रॉयल्स की को-ऑनर अभिनेत्री शिल्पा शेट्टी ने कहा है कि आईपीएल केस को पूरी तरह से राजनीतिक रंग दिया गया है और कमिश्नर ललित मोदी को तब तक अपराधी नहीं माना जा सकता, जब तक उनके खिलाफ कोई ठोस सबूत नहीं मिल जाता। मीडिया पर वार करते हुए उन्होंने कहा, 'इस मामले को मीडिया में बेवजह तूल दिया जा रहा है। कृपया इसे इनकम टैक्स की जांच तक ही सीमित रहने दें, इसे मीडिया की जांच न बनाएं। अब इस मुद्दे ने एक गहरा ...

मोदी के बचाव में आईपीएल फ्रेंचाइजी

Patrika.com - ‎8 घंटे पहले‎
नई दिल्ली। आईपीएल कमिश्नर ललित मोदी के खिलाफ भले ही बीसीसीआई का रवैया कठोर होता जा रहा हो लेकिन आईपीएल की दो फ्रेंचाइजी खुलकर उनके समर्थन उतर आई हैं। रॉयल चैंलेंजर्स और राजस्थान रॉयल्स ने मोदी का समर्थन करते हुए कहा है कि उनके साथ जो हो रहा वह दुर्भाग्यपूर्ण है । रॉयल चैलेंजर्स के मालिक विजय माल्या ने मोदी का बचाव करते हुए ने कहा कि ललित मोदी ने आईपीएल को पूरी दुनिया में शोहरत दिलवाई है। इसके लिए उन्होने बेहतरीन काम ...

शिल्पा शेट्टी ने किया मोदी का बचाव

बीबीसी हिन्दी - ‎२०-०४-२०१०‎
राजस्थान रॉयल्स की मालकिन शिल्पा शेट्टी ने ललित मोदी का बचाव करते हुए कहा है कि उन्हें तब तक दोषी क़रार नहीं देना चाहिए जब तक उनके ख़िलाफ़ कोई ठोस सबूत न मिले. उनका कहना है कि मोदी ने आईपीएल को एक बड़ा ब्रांड बनाने में काफ़ी बड़ी भूमिका निभाई है और इसके लिए उनकी तारीफ़ होनी चाहिए. शिल्पा शेट्टी ने मीडिया के सवालों का जवाब देते हुए कहा कि बिना वजह इस मामले को तूल दिया जा रहा है. उन्होंने कहा, "कृपया इसे इनकम टैक्स की जांच तक ...

देखें: मोदी के समर्थन में कूद पड़ी फ्रेंचाइजी

IBNKhabar - ‎२०-०४-२०१०‎
माल्या और सुब्रत रॉय और शिल्पा ने मोदी के समर्थन का ऐलान कर दिया है। ललित मोदी अपनी कुर्सी बचाने की हर संभव कोशिश में जुटे हैं। मोदी के आखिरी दांव के रूप में अब फ्रेंचाइजी समर्थन में आगे आ गई हैं। विजय माल्या और सुब्रत रॉय सहारा के बाद अब शिल्पा शेट्टी ने भी मोदी के समर्थन का ऐलान कर दिया है। सुब्रत राय के मुताबिक आईपीएल में मोदी के योगदान को कम करने नहीं आंका जा सकता।

Lalit Modi mulls quitting, but only after he has his say

Economic Times - ‎2 hours ago‎
NEW DELHI: Lalit Modi is contemplating to quit as chairman and commissioner of the Indian Premier League (IPL), but only after he has had his say at the ...

Give Modi a hearing, says Farooq

The Hindu - ‎20 hours ago‎
New Delhi: Seeking to defend Lalit Modi in the Indian Premier League row, Union Minister Farooq Abdullah on Tuesday said the Commissioner of the 20-20 ...

Lalit Modi out soon, say BCCI sources

NDTV.com - ‎Apr 19, 2010‎
Lalit Modi's tweets unleashed the drama that took Shashi Tharoor hostage for a week, before he resigned as minister under considerable pressure from his own ...

India's Cricket Row Ensnares Modi

Wall Street Journal - Eric Bellman - ‎28 minutes ago‎
MUMBAI—Lalit Modi, one of the most powerful men in cricket, faces an uncertain future at the head of the wildly successful league he ...

IPL row: MSM, WSG offices raided

samay live - ‎12 hours ago‎
Mumbai: In a bit to tighten noose against IPL chief commissioner Lalit Modi, the income tax department on Wednesday morning raided the offices of Multi ...

Modi inches closer to exit

Chandigarh Tribune - Anita Katyal - ‎20 hours ago‎
As the UPA government moves determinedly to oust controversial IPL commissioner Lalit Modi, its larger political game plan is to rein in NCP chief Sharad ...
Cong turns Pawar around Calcutta Telegraph

Shukla meets PM over IPL

Times of India - ‎6 hours ago‎
Asked to comment on IPL Commissioner Lalit Modi's refusal to resign, Shukla said the Governing Council will take an appropriate decision. ...

Does the IPL need immediate cleaning up?

Daily News & Analysis - ‎19 hours ago‎
Now, rumours are swirling of IPL commissioner and chairman Lalit Modi resigning. It all began when Modi revealed on micro-blogging site Twitter the names of ...

Telecaster denies any wrong doing in IPL deal

NDTV.com - ‎7 hours ago‎
... owed 2.5 million dollar to Modi Entertainment Network, and it was given rights at favourable terms by IPL commissioner Lalit Modi for settling old dues. ...

Lalit Modi was single window to CM Vasundhara Raje

Economic Times - ‎19 hours ago‎
JAIPUR: The meteoric rise of Mr Lalit Kumar Modi may not be as inspirational as other Marwari businessmen from the Shekhawati region, but it is a story of ...

'Lalit Modi has done a great job'

Rediff - ‎9 hours ago‎
Shilpa Shetty is no stranger to reality shows or television. It was winning the British reality show Big Brother that catapulted her into international ...

Tharoor tweets thanks at 'time of trial'

Economic Times - ‎10 hours ago‎
But the tweet that cost him his job was not the one from him but from Indian Premier League chairman Lalit Modi who accused Tharoor of stopping him from ...
Another hero bites the dust Radio Netherlands
Old Guard Eyes Rahul The Diplomat

My money is riding on Modi staying, never mind the odds

Economic Times - ‎22 hours ago‎
AHMEDABAD: Bookies in Mumbai and Gujarat are betting on the ouster of Indian Premier League commissioner Lalit Modi, who faces allegations of corruption and ...
Modi in a fix over friends Calcutta Telegraph

IPL: The Rise and Fall

Mid-Day - ‎12 hours ago‎
It started with a simple tweet by IPL head honcho Lalit Modi, who casually questioned the inteference of Union Minister Shashi Tharoor in the creation of a ...
IPL controversy Nagaland Post

Nationwide IPL crackdown, SRK, Preity teams feel the heat

NDTV.com - ‎2 hours ago‎
Those close to Lalit Modi, the IPL Commissioner who triggered the IPL explosion with a series of tweets on the ownership of one of its teams, ...

I'll be vindicated, says defiant Lalit Modi

Telegraph.co.uk - Paul Kelso - ‎11 hours ago‎
Lalit Modi, the driving force behind the Indian Premier League, has vowed to remain as its chairman and commissioner, despite mounting pressure to oust him ...

India launches probe into IPL tax and financing

BBC News - ‎Apr 19, 2010‎
But IPL chief Lalit Modi denies any allegations of funding irregularities. Mr Modi has described the claims as "absolutely baseless". ...
Don't Witch Hunt Times of India
Tharoor logs out Deccan Herald

Rajasthan's land deals at the centre of IT probe on Modi

Economic Times - ‎Apr 19, 2010‎
NEW DELHI: IPL commissioner Lalit Modi is embroiled in numerous land deals in Rajasthan involving many prominent developers and business houses during the ...

FIR registered against Modi's bodyguards in Mumbai

Press Trust of India - ‎2 hours ago‎
Mumbai, Apr 21 (PTI) An FIR has been registered against the bodyguards of Indian Premier League (IPL) Commissioner Lalit Modi for allegedly thrashing media ...

HP govt denies free chopper service to ferry Modi's kin

Press Trust of India - ‎6 hours ago‎
Shimla, Apr 21 (PTI) Himachal Pradesh government today refuted allegation that its helicopter was lent free-of-cost to ferry IPL commissioner Lalit Modi's ...

Action against Modi's guards for attacking journalists

Press Trust of India - ‎9 hours ago‎
Mumbai, Apr 21 (PTI) Maharashtra government will file cases against the security guards of embattled IPL commissioner Lalit Modi for physically assaulting ...

Mallya admits step daughter works for Lalit Modi

Economic Times - ‎Apr 17, 2010‎
Mallya said in a statement, "My step daughter Laila Mahmood works for Lalit Modi. I have no knowledge whatsoever of her involvement in the income tax ...
Miss Mallya on Modi suite tape Calcutta Telegraph

Karat seeks 'comprehensive probe' into IPL

The Hindu - ‎7 hours ago‎
Contending that the standing down of Shashi Tharoor or Lalit Modi would not address the issues thrown up by the IPL controversy, CPI(M) general secretary ...

'Modi stopped Jaipurites from hoisting Tricolour at SMS'

Times of India - ‎Apr 19, 2010‎
JAIPUR: Even before Lalit Modi became well known in Rajasthan, he was allegedly exhibiting his clout with impunity, thanks to his proximity to Vasundhara ...

'Missing' minister link puzzles tax police

Calcutta Telegraph - Ray Goswami - ‎20 hours ago‎
... to the raids last Thursday on the IPL office in Mumbai's Wankhede Stadium and also on premises used by Lalit Modi, who runs the cash-rich tournament. ...

Modi's Raj legacy: Bruised egos & deep rifts

Times of India - Dinesh K Sharma - ‎Apr 18, 2010‎
JAIPUR: The tenure of Lalit Modi as Rajasthan Cricket Association (RCA) president witnessed enormous growth of the game in Jaipur as city got international ...

Madhur Bhandarkar denies making film on IPL or Lalit Modi

Indian Express - ‎Apr 20, 2010‎
... has slammed rumours making the rounds that he is going ahead and making a film on the life of Indian Premier League (IPL) Commissioner Lalit Modi. ...

Ban IPL, save cricket, says Shiv Sena

Sakaal Times - ‎4 hours ago‎
While reacting to the Lalit Modi-Shashi Tharoor face off, Sena supremo Bal Thackeray said the recent happenings were worrisome for cricket, his son and Sena ...

Tax investigation hits Indian cricket league

Hollywood Reporter - ‎6 hours ago‎
The tax department's IPL financial probe was triggered off after a much-publicized row last week between IPL commissioner Lalit Modi and minister of state ...
The money trail Sportstar

'Lalit Modi acted in haste on Kochi'

ESPN STAR Sports - Shashank Manohar - ‎1 hour ago‎
"Modi in his twitter posted the details of Kochi franchisee. On the basis of that Media pounced on him seeking to know as to why he did ...


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Gadkari faints during BJP's anti-price rise rally in Delhi

Zee News - ‎2 hours ago‎
New Delhi: Bharatiya Janata Party (BJP) president Nitin Gadkari on Wednesday accused the Congress-led government of betraying the peoples' trust, as thousands of party activists rallied in the capital to protest untamed food prices.

India sex scandal guru arrested

BBC News - ‎5 hours ago‎
Police in India say a controversial Hindu holy man facing charges of obscenity has been arrested. Nithyananda Swami was detained in the northern state of Himachal Pradesh where police said he had been hiding.

India resigned to 'holding pattern' with Pakistan

The Hindu - Siddharth Varadarajan - ‎24 minutes ago‎
With the SAARC summit only a week away, and India and Pakistan still unable to agree on talks about talks, Prime Minister Manmohan Singh's meeting with his Pakistani counterpart on the sidelines of Thimphu will have the limited but important aim of ...

Mercury dips, but no respite from heat

Times of India - ‎44 minutes ago‎
ALLAHABAD: With minimum temperature coming down further by one degree, the city witnessed hot and dusty winds on Wednesday. The maximum temperature was, however, 43.9 degree but there was no respite from heat.

Nepal Maoists Intensify Anti-India Campaign

Outlook - Shirish B Pradhan - ‎46 minutes ago‎
Ahead of their planned massive show of strength against the "puppet" regime of Madhav Nepal on May 1, Nepalese Maoists have intensified their anti-India campaign by releasing posters and pamphlets against New Delhi.

Shahnaz Husain represents India at US President Barack Obama's Presidential ...

India PRwire (press release) - ‎37 minutes ago‎
Shahnaz Husain, internationally acclaimed for her unique brand of herbal beauty care, has been invited to attend the US President Barack Obama's Presidential Summit on Entrepreneurship, to be held in Washington DC on April 26th and 27th, 2010.

Pak to import contraceptives from India

MyNews.in - ‎9 minutes ago‎
New Delhi: Dr. Firdous Ashiq Awan, Pakistan's Minister for Population Welfare, declared here on Wednesday that her country would like import contraceptives from India directly to control the population.

12 deer killed in six months on national highways

MyNews.in - ‎33 minutes ago‎
New Delhi, April 21 (IANS) At least 12 deer have been killed by carelessly driven vehicles during the last six months in three states on national highways passing through forests, national parks and sanctuaries, parliament was informed Wednesday.

Civil servant of today should be well equipped to tackle problems: PM

Oneindia - ‎34 minutes ago‎
New Delhi, Apr 21 (ANI): The Prime Minister, Dr Manmohan Singh, on Wednesday said the civil servant of today should not only be alive and sensitive to the problems at hand but also be well equipped to handle them, adding that this calls for a ...

US warns of possible attacks in New Delhi

DAWN.com - ‎13 minutes ago‎
"There are increased indications that terrorists are planning attacks in New Delhi," the alert said. - File Photo NEW DELHI: The United States upgraded Wednesday a travel advisory on India, alerting US citizens to a growing threat of terrorist attacks ...

Oppn calls for all-out inquiry into IPL funds

Economic Times - ‎19 hours ago‎
NEW DELHI: Mr Shashi Tharoor's emotional defence of himself in Lok Sabha on Tuesday failed to move the Opposition, which stepped up its tirade against him and the IPL.

Maoists kill postman in Chhattisgarh''s Bijapur District

Buzz 7 - ‎1 hour ago‎
Bijapur (Chhattisgarh), Apr 21 (ANI): Armed Maoists killed a postman in Chhattisgarh''s Bijapur District suspecting him to be a supporter of their opponents.

TN nominates representative to committee on dam issue

Press Trust of India - ‎10 hours ago‎
Chennai, Apr 21 (PTI) Reversing its stand not to participate in the five-member empowered committee constituted by Supreme Court to resolve the long pending dispute on the Mullaperiyar dam with Kerala, Tamil Nadu government today nominated former judge ...

Rare archaeology items to be displayed in Kurukshetra

Thaindian.com - ‎18 minutes ago‎
Chandigarh, April 21 (IANS) Rare archaeological items dating back to 5000 years excavated in Haryana will soon be on display at the Srikrishna Museum in Kurukshetra town, officials said Wednesday.
  1. TAXATION IN INDIA

    India has a well developed tax structure with a three-tier federal structure, comprising the Union Government, the State Governments and the Urban/Rural ...
    siadipp.nic.in/publicat/invpub/taxation.htm - Cached - Similar
  2. Income Tax Department

    18 Feb 2010 ... Income Tax Department Official Website,Home Page,Main Page.
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  1. Government orders parallel probes into IPL affairs-Politics/Nation ...

    19 Apr 2010 ... Pranab said that all aspects of IPL will be probed, inclusive of sources ... Economic Times Business. Politics/Nation ... NEW DELHI: The government has ordered parallel probes by virtually all its economic intelligence units to ... also whether there has been tax evasion by IPL and its franchisees. ...
    economictimes.indiatimes.com/news/politics/...IPL.../5831634.cms - Cached
    Income tax officials to probe 8 IPL franchises-ET Cetera-News By ...
    16 Apr 2010 ... however, was black money abroad and tax evasion. ...
    economictimes.indiatimes.com/articleshow/5821707.cms
    IPL associates under probe, tax raids in multiple cities-ET Cetera ...
    21 Apr 2010 ... Economic Times Business. News By Industry ... back into the ...
    economictimes.indiatimes.com/.../IPL...tax...multiple.../5840866.cms?...
    More results from economictimes.indiatimes.com »
  2. Quotes from Economic Times

    17 Apr 2010 ... The question is not about just tax evasion, but we need to go into ... I want to share "Quotes from Economic Times" via @Daylife with you. ...
    www.daylife.com/quote/004Ca0763q9IR - Cached
  3. IPL dirt may cost BCCI dear-ET Cetera-News By Industry-News-The ...

    The source of funds in some of the IPL franchises are not clear. The funds for IPL Kochi have come from Dubai. The question is not about just tax evasion, ...
    m.economictimes.com/PDAET/articleshow/5823957.cms - Cached
  4. IPL dirt may cost BCCI dear, Times of India

    21 Apr 2010 ... The question is not about just tax evasion, but we need to go into the source of funds ... Other Times Group news sites. The Economic Times ...
    timesofindia.indiatimes.com/iplarticleshow/5823064.cms - 8 hours ago - Cached

    Get more results from the past 24 hours

  5. nandigramunited: DON POWER Intact as REVENGE Play Enacted to Make ...

    Economic Times … black money stashed abroad was being brought back into the country illegally, as also whether there has been tax evasion by IPL and its . ...
    nandigramunited-banga.blogspot.com/.../don-power-intact-as-revenge-play.html
  6. SME Times - Pranab Says Full Probe on Source of Funds into IPL ...

    19 Apr 2010 ... This will be coordinated by the Central Economic Intelligence Bureau ... also whether there has been tax evasion by IPL and its franchisees. ...
    smetimes.tradeindia.com/smetimes/.../pranab-says-full-probe-on-source-of-funds-into-ipl61265.html - Cached
  7. The Times of India on Mobile

    19 Apr 2010 ... a news report on an 'I-T report' accusing him of tax evasion, money laundering, ... It is just another attempt to discredit IPL," Modi said. The Economic Times reported on Monday that it had gained access information in a "highly confidential report" by the Income-Tax department that has been in ...
    m.timesofindia.com/articleshow/5831374.cms - Cached
  8. IPL news-Govt probes BCCI affairs, noose tightens around Modi

    The Centre has ordered parallel probes by virtually all its economic intelligence units ... as also whether there has been tax evasion by the IPL and its franchises. ... It might be the end of 'good times' for Lalit Modi as the Board of ...
    www.zeenews.com/news620483.html - Cached
  9. Govt orders parallel probes into IPL affairs | iGoa

    20 Apr 2010 ... Income Tax authorities have asked the Board of Control for Cricket ... also whether there has been tax evasion by IPL and its franchisees. ...
    www.navhindtimes.in/news/govt-orders-parallel-probes-ipl-affairs - Cached
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