3 / Dt. 09-12-2015, Wednesday Intex Wins Ownership Rights for New Indian Premier League Team
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Manchester United aim to prove they can score in Wolfsburg
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Agency | Wolfsburg
Agency | Mumbai Pune and Rajkot will be home to two new franchises in the Indian Premier League for the next two years, the country’s cricket board (BCCI) announced on Tuesday. The new teams will fill the void left by the two-year suspension of the Chennai Super Kings and Rajasthan Royals franchises following an illegal betting scandal in the cash-rich Twenty20 tournament. New Rising, a consortium led by Sanjiv Goenka, chairman of the RP-Sanjiv Goenka Group, bagged the Pune team while mobile manufacturers Intex made a successful bid for Rajkot in a reverse bidding process. Under reverse bidding, investors were asked to bid lower than the base price of 400 million rupees (roughly Rs. 40 crores), the maximum amount the BCCI offered to pay from the IPL central revenue pool to the new owner. Having bid in the negative, New Rising will pay 160 million rupees while Intex will shell out 100 million rupees for their respective teams, the BCCI said.
Microsoft Lumia 550 With Windows 10 Mobile Goes on Sale
Manchester United`s Louis van Gaal says the Red Devils must prove they are good enough to reach the Champions League`s knock-out stages by breaking their goaldrought against Wolfsburg on Tuesday. United have scored just one goal in drawing their their last three games, including a goalless draw at home to Eindhoven a fortnight ago which means they must win in Wolfsburg to be sure of reaching the last 16 in Europe. United`s England striker Wayne Rooney is out with an ankle injury, but United boss Van Gaal says it`s up to the players chosen to score the goals at Wolfsburg`s Volkswagen Arena
Graeme Smith hints at international comeback after Proteas’ disaster Agency | Dubai
to keep United in Europe. “It is very important for the club and the players to continue in the Champions League,” says Van Gaal in Monday`s press conference. “You have to prove yourselves, as a club, as a team and as players. “Football is about scoring goals, it`s the most important aspect, and as a manager you can`t be pleased when it is like this, you have to score. “This is the
most important match at this moment. “It is very important for the club to continue in Europe and the players want to show their qualities on the highest podium.” United, a point behind leaders Wolfsburg in the group, need a win to guarantee qualification, but could also go through if Eindhoven lose at home to CSKA Moscow in the group`s other game or if both matches are drawn.
India pick up historic win over South Africa, but the victory doesn’t feel as good as it should Agency | New Delhi
Agency | New Delhi Microsoft has announced availability details of the Lumia 550 smartphone. The budget 4G smartphone from Microsoft went on sale in select markets in Europe on Monday. The company further confirmed that the handset will be available to buy in other markets in the coming weeks. Priced at $139 (roughly Rs. 9,100) before local taxes and subsidies, the Microsoft Lumia 550 is the company’s cheapest smartphone running Windows 10 Mobile out-of-the-box. With Windows 10 Mobile, the Lumia 550 packs features such as the new Microsoft Edge browser, revamped Outlook mail, OneDrive, Microsoft Office, Cortana digital voice assistant, and Glance Screen, which lets users see notifications without fully unlocking the smartphone. For specifications, the Lumia 550 features a 4.7-inch HD display (720x1280 pixels) resolution with a pixel density of 315ppi. It is powered by a 1.1GHz quad-core Qualcomm Snapdragon 210 SoC, Adreno 304 GPU and 1GB of RAM. It comes with 8GB of inbuilt storage which is further expandable via microSD card (up to 200GB).
Virat Kohli appeared to inadvertently give the game away after India had finally broken South Africa’s resistance on the fifth and final day at the Ferozshah Kotla in Delhi. Asked which of India’s three victories in the series was the most special, Virat said: “This one because we had to work harder for it,” A little later, in talking about the bowlers, he said the team’s patience had been tested and that “it is more special to get wickets in that situation”. This is precisely the point those of us who have critiqued the pitches throughout this series have been trying to make: Earning a
in the Masters Champions League (MCL) for the Virgo Super Kings franchise, said seeing the decimation, coming out of retirement has become a serious thought on his mind. “Who knows the MCL could be a platform back into the international game,” Smith said. “I
get asked this question a lot. It does spend time in your head, especially when you see the boys struggling in India you think you can contribute, but we’ll see. I’ll go back train, prepare and get ready for the MCL,” the 34-year-old, who retired last year, said.
don Chess Classic - may also announce a monetary contribution for the relief fund. “My maid, who lost her home and all her belongings, too came over along with her extended family and stayed with us. Food was cooked in large amounts for all those at home as well as handed over to volunteers for distribution,” Aruna added. The family’s ground floor house
was largely unaffected by the torrential rains and the floods that followed. Before Anand’s gesture, India’s star badminton player Saina Nehwal and top squash player Dipika Pallikal have also announced their help. They have said they will donate Rs 2 lakh each to help people affected by the worst rains to hit Chennai and other parts of Tamil Nadu.
pool is Rs 40 crore. “It will be a walk in bid on December 8. The base price for reverse bid from central revenue pool is Rs 40 crore and the party which bids for lowest share from central revenue pool will be the winner of new team,” he said. The board is likely to benefit through this process as well. Explaining the logic behind it, a senior BCCI official told ESPN Cricinfo, “If you want to be in the business and if you want to make business sense out of it,
and from the standpoint of comparatives, you don’t want to upset the valuation of existing franchises.” “It’s a pure business call. As far as the economics is concerned, BCCI’s central revenue is a substantive amount and far higher than the franchise fee for the original eight franchises, of which six of them are standing. So, it didn’t make sense for us to put a tender out, putting a reverse price and ownership for two years,” the official added.
Vishwanathan Anand joins long list of celebrities helping Chennai Agency | New Delhi
victory is far more satisfying than rigging the game in your favour. This applies to the fans as much as the players. We want to see our sportsmen and women rise above their challenges. We want to see them overcome adversity and triumph, because then we can bask
in their reflected glory. While winning does cure a lot of ills, when victory is gained by seemingly tilting the playing field so far in favour of the home side, then there is no adversity to overcome, no challenges to conquer, and therefore no glory to be gained.
Nadal marks IPTL debut with brilliant victory for Indian Aces
Chess Grandmaster Vishwanathan Anand has become the latest celebrity to help rain-battered Chennai get on its feet by opening the doors of his house for the flood-affected people from the slums near his house in RA Puram. “Since it was difficult to leave Akhil (Anand’s son) and elderly father-in-law at home and venture out to offer relief and assistance, we chose to open our doors for the affected. Following the first floods, we had close to 20 people, including two pregnant women, from the neighbouring slums staying over at our place,” Aruna. Anand who is away for the Lon-
What is reverse bidding and how will it benefit the BCCI, affect new franchises?
Facebook is killing off its Creative Labs experiment
Agency | New Delhi
Agency | New Delhi Facebook CEO Mark Zuckerberg may be talking up his company’s innovation drive around the world but back home in California, the social media giant has quietly pulled the plug on Creative Labs –- an initiative that allowed employees to attend binge-coding sessions to come out with experimental apps. The programme was shut down after it failed to build apps that could gain traction with users, a CNET report said. Apps that came out of the programme -- Slingshot, Rooms and Riff – have been removed from app stores and the web page for Creative Labs. “Facebook is famous for its mantra ‘Move fast and break things’. The company decided some of these initiatives had, in fact, failed to gain traction and is shutting them down,” a Facebook spokesperson said.The shutdown of Creative Labs is nothing new for the Menlo Parkbased company that regularly scraps projects with little output.
The South African cricket team had a tough time against the Indian spinners during their recently concluded tour to the country and the disappointment among the former South African cricketers is evident as retired former captain Graeme Smith said on Tuesday that after seeing his ex-teammates struggle so much, he might consider returning to international cricket. South Africa lost the four-match rubber 0-3, with two of those defeats coming inside three days. Smith, who will be seen
Agency | Manila 14 times Grand Slam winner Rafael Nadal produced a brilliant performance to guide the Indian Aces to a commendable 30-18 victory against UAE Royals on his International Premier Tennis League (IPTL) debut for his team in Manila on Monday. It was an interesting match between two equally strong teams, both with two wins each under their belt. Ultimately, it was Indian Aces who took the match away with the full score reading 30-18. Royals coach J.L. De Jager
won the toss and elected to serve, and to start with the mixed doubles. The ace doubles chemistry of Sania Mirza and Rohan Bopanna was too much to deal with for the Royals as Aces won the set 6-4. The women’s singles saw Sam Stosur face off with Ana Ivanovic, and even a substitution with Mladenovic did not help Royals, with Aces winning it convincingly 6-3. The men’s legends singles saw some fine tennis with Fabrice Santoro chipping and slicing the ball with his mag-
ical backhand strokes. In an evenly contested game, the Frenchman won it 6-3 over Goran Ivanisevic representing Royals. Tennis fans got to see some incredible doubles tennis action in the next match. Ultimately, Nadal and Ivan Dodig won it for Aces 6-3. In the most awaited match of the evening, Nadal and Thomas Berdych showcased some top quality competitive tennis action, fighting point for point, with absolute precision, taking the match all the way to the shoot-out.
In it’s bid to find two new teams for the Indian Premier League (IPL), the Board of Cricket for Control in India (BCCI) has included a unique clause of reverse bidding in the franchise auction which will be held in national capital on Tuesday. The classical definition of reverse bidding or reverse auction states: “In a reverse auction, the buyer puts up a request for a required good or service. Sellers then place bids for the amount they are willing to be paid for the good or service, and at the end of the auction the seller with the lowest amount wins.” Earlier explaining the process, IPL chairman Rajeev Shukla said that the base price for the reverse bid from the central revenue