UPDATE 1-Cricket-Sahara withdraws India cricket sponsorship, IPL team
Sat Feb 4, 2012 12:13pm IST * Sahara ends sponsorship deal with BCCI * Withdraws IPL team (Adds BCCI comments)By Amlan ChakrabortyNEW DELHI, Feb 4 (Reuters) – Sahara Group has pulled out of its sponsorship deal with the Indian cricket board and the Pune franchise of the Indian Premier League (IPL), the diversified business conglomerate said on Saturday.Citing instances where it has been denied “natural justice” in IPL, Sahara said…
Fed-up SBI "to name and shame" defaulters
MUMBAI | Sat Feb 4, 2012 12:03pm IST MUMBAI (Reuters) – The State Bank of India (SBI.NS), the country’s biggest lender, will name and shame “wilful” defaulters and put their pictures in newspapers to get them to pay up, the Economic Times said on Saturday. “The fresh approach will ruffle a few feathers,” the paper quoted a bank executive as saying.A “wilful defaulter” is one who does not meet payment…
Cricket-Sahara withdraws India cricket sponsorship, IPL team
By Amlan Chakraborty NEW DELHI | Sat Feb 4, 2012 11:12am IST NEW DELHI Feb 4 (Reuters) – Sahara Group has pulled out of its sponsorship deal with the Indian cricket board and the Kochi franchise of the Indian Premier League (IPL), the diversified business conglomerate said on Saturday. Citing instances where it has been denied “natural justice” in IPL, Sahara said in a statement: “We really feel such one-sided…
Tags:Amlan Chakraborty , BCCI , cricket , Formula One , India , IPL , players , Reuters Sahara Group , sahara , year
Sahara withdraws team India sponsorship, IPL team
By Amlan Chakraborty NEW DELHI | Sat Feb 4, 2012 11:56am IST NEW DELHI (Reuters) – Sahara Group has pulled out of its sponsorship deal with the Board of Control for Cricket in India (BCCI) and the Pune franchise of the Indian Premier League (IPL), the diversified business conglomerate said on Saturday. Citing instances where it has been denied “natural justice” in IPL, Sahara said in a statement: “We really…
Tags:Amlan Chakraborty , BCCI , Force India , Formula One , India , IPL , players , sahara , Sat Feb , year
SC ruling to trigger telecoms industry shakeout
By Tony Munroe and Devidutta Tripathy MUMBAI/NEW DELHI | Fri Feb 3, 2012 6:32pm IST MUMBAI/NEW DELHI (Reuters) – Vodafone (VOD.L), for one, is wasting little time in capitalising on a blockbuster Supreme Court verdict that’s likely to shake up the world’s second-largest mobile phone market. Within hours of a Thursday ruling by the apex court that all licences awarded in a scandal-tainted 2008 sale be revoked, jeopardising the operations…