Crisis-ridden Byju's has moved the National Company Law Appellate Tribunal (NCLAT) against the recent order of NCLT that allowed cricket board BCCI's petition for initiating insolvency proceedings against the once-famed edtech company, sources said. Sources privy to the development said that the company is seeking an urgent hearing on the matter. Byju's did not comment on the issue. According to sources, Byju's on Thursday moved the appellate tribunal, NCLAT, contesting the recent order of NCLT's Bengaluru bench that had admitted the cricket board's plea to start insolvency proceedings against the parent company Think and Learn, after the edtech firm failed to pay Rs 158.9 crore dues. Founder and CEO Byju Raveendran will report to the resolution professional. NCLT has appointed Pankaj Srivastava as the interim resolution professional. Byju's had previously sponsored the Indian cricket team. Earlier this week, Byju's had said it is hopeful of reaching "an amicable settlement" with
All eyes will be on BCCI secretary Jay Shah during the four-day ICC Annual Conference in Colombo, starting on Friday, where there might be serious discussions about when he will take over from New Zealander Greg Barclay as the chairman of the global body. The ICC conference that starts with the board meeting on Friday is expected to be dominated by losses to the tune of more than USD 20 million incurred by the global body for hosting T20 World Cup games in the United States of America. While the nine-point agenda of the AGM (a copy of which is with the PTI) doesn't include the event's financial details, but it will be discussed by the board as a "post-event report", which is a standard operating procedure. ICC's new external auditor appointment is also on the agenda along with discussions on ICC memberships, report from associate member's meeting and ICC development Awards presentation. The other important point -- India not travelling to Pakistan for the Champions Trophy -- is not
Edtech company put under moratorium after tribunal finds it defaulted on due owned to BCCI
Byju's, founded by teacher Byju Raveendran, was valued at $22 billion at its peak but ran into financial and legal problems after its business dried up
Byju's insolvency proceedings were triggered by BCCI's claim of unpaid dues amounting to Rs 158 crore
In a noble gesture, the BCCI on Sunday decided to release Rs one crore for the treatment of former India coach Anshuman Gaikwad, who is battling blood cancer at a medical facility in London. BCCI's decision has come following emotional appeals for support from former captain Kapil Dev and Sandip Patil, who had enjoined the cricket board to help Gaikwad. "Mr. Jay Shah has instructed the Board of Control for Cricket in India (BCCI) to release Rs 1 crore with immediate effect to provide financial assistance to India's veteran cricketer Mr Anshuman Gaekwad, who is battling cancer," BCCI apex council said in a statement. Gaekwad, son of former India captain D K Gaekwad, is undergoing treatment for blood cancer at the King's College Hospital in London. "Shah has also spoken to Mr Gaekwad's family to take stock of the situation and extend support. The board stands by Gaekwad's family in this hour of crisis and will do whatever is essential for Mr Gaekwad's quick recovery," the statement
Former cricketer and India coach Anshuman Gaekwad, aged 71, has been receiving treatment at King's College Hospital in London for the past year
India has not played in Pakistan since the Asia Cup in 2008, and their last bilateral series was held in India from December 2012 to January 2013
ICC T20 World Cup: Rahul Dravid requested his bonus be reduced to align with the Rs 2.5 crore given to other support staff, including bowling coach Paras Mhambrey, and batting coach Vikram Rathore
BCCI secretary Jay Shah on Tuesday paid glowing tributes to outgoing head coach Rahul Dravid, saying India has emerged as a "dominant force" across formats under his tenure and he left the dressing room a "cohesive unit". Under Dravid, India went on to win the T20 World Cup in the USA and the Caribbeans after 17 years, besides reaching the summit clash of the World Test Championships and the ODI World Cup final. "I express my sincere thanks and gratitude to Mr Rahul Dravid whose highly successful tenure as the Head Coach draws to a close. Under his guidance, #TeamIndia emerged as a dominant force across formats, including being crowned ICC Men's T20 World Cup champions!," Shah wrote on 'X'. "His strategic acumen, persistent efforts to nurture talent and exemplary leadership has instilled a culture of excellence within the team and that is also the legacy he leaves behind. "The Indian dressing room today is one cohesive unit standing together through challenges while revelling in ea
India's World Cup-winning players distributed balls to the fans who were present at the stadium
The T20 World Cup-winning Indian cricket team returned to the country here on Thursday aboard a specially-arranged charter flight with scores of fans lining up outside the airport to welcome the players despite a steady drizzle and heavy security deployment that kept them at a distance from their heroes. Hundreds of supporters, holding placards congratulating their favourites and waving the national flag, braved the weather to welcome the victorious side, which defeated South Africa by seven runs in the final in Bridgetown on Saturday last week. "We have waited for this moment for the past 13 years. The team has made us proud by winning the World Cup," a fan, who claimed to have been waiting since 4:30am in the morning said, referring to India's last World Cup triumph which came back in 2011. The side was unable to head back home immediately after the title win due to a shutdown forced by hurricane Beryl in Barbados. They were cocooned in their hotel before the BCCI made arrangement
T20 World Cup-winning skipper Rohit Sharma will continue to lead India in the ODI and Test formats BCCI secretary Jay Shah said on Sunday, exuding confidence that the country will win next year's Champions Trophy and World Test Championship under his captaincy. The 37-year-old Rohit, who became the third Indian captain after legendary Kapil Dev and Mahendra Singh Dhoni to win a global trophy, has announced his retirement from the T20 format. "The next stage is the WTC final and the Champions Trophy. I have full faith in Rohit Sharma's captaincy, that we will be the champions in both these tournaments," secretary Shah said in a video message. The Champions Trophy, scheduled in Pakistan next year, will be held after eight years (since 2017 in UK), and even though the draft schedule has been submitted to the ICC, the BCCI hasn't yet given its green light to it. It is understood BCCI will again push for the 'Hybrid Model' like 2023 ODI Asia Cup where India played all its matches, ...
The BCCI cannot prioritise one city over another when it comes to organising important finals, said board's vice-president on Friday in response to Shiv Sena leader Aaditya Thackeray's demand. Following a massive turnout during Indian cricket team's T20 World Cup victory parade on Marine Drive to the Wankhede Stadium, Thackeray had urged BCCI to not "take away" any final match from Mumbai. "Yesterday's celebration in Mumbai is also a strong message to the BCCI... Never take away a World Cup final from Mumbai!, Thackeray had written on X. "It is BCCI's policy that where the final should take place. It cannot always be given to a particular city, Shukla told PTI on Friday. The Wankhede Stadium in Mumbai hosted the 2023 ODI World Cup semifinal whereas the world's largest stadium in terms of sitting capacity, in Ahmedabad, was the venue for the final. "There has been a final match -- 1987 World Cup -- in Kolkata also, and Kolkata is considered as Mecca. So it can't be decided that it
Shiv Sena (UBT) leader Aaditya Thackeray on Friday said the grand welcome accorded to the T20 World Cup winning Indian cricket team in Mumbai was also a message to the BCCI to never take away the final match of a major tournament from the country's financial capital. Thackeray's remarks appear to be criticism of the Board of Control for Cricket in India (BCCI) for hosting the ICC ODI World Cup 2023 final in Ahmedabad instead of Mumbai. India had lost the 50-over World Cup final to Australia in November last year. "Yesterday's celebration in Mumbai is also a strong message to the BCCI... Never take away a World Cup final from Mumbai," the former Maharashtra minister said in a post on X. Thackeray's comments came a day after thousands of cricket fans thronged the Marine Drive in South Mumbai to witness the victory parade of the T20 World Cup winning Indian team, which returned home from the West Indies on Thursday morning. India lifted the T20 World Cup after defeating South Africa .
Before this World Cup, India won three more World Cups, including two ODI World Cups in 1983 and 2011 and the inaugural T20 World Cup in 2007. Here's how those wins were celebrated
With the dream of once again donning the Afghanistan jersey at the international level, 17 women cricketers from the country living in self-imposed exile in Australia have written to the ICC to help set up a team, which was disbanded after the Taliban takeover in 2021. While the Afghanistan men's team has set new benchmarks and recently made it to the T20 World Cup semifinals for the first time, the women players, who were contracted to the Afghanistan Cricket Board before the Taliban takeover, sought refuge in Australia, where they hope to set up a refugee team and play international cricket. In a letter written to the global governing body, the women cricketers praised the splendid performance of the men's team in the T20 World Cup but rued that they were not getting opportunities to flourish. "We, the formerly contracted players of the Afghanistan women's team, are proud and excited by the achievements of Afghanistan at the ICC Men's T20 World Cup and wish to congratulate Rashid
South Africa women's skipper Laura Wolvaardt on Monday praised her team for showing 'grit and determination' despite their 10-wicket hammering by India in the one-off Test here. South Africa were outplayed right on Day One with India piling up the highest score in a day's play in women's Tests of 525/4, eventually declaring at 603/6 for the highest-ever score. The visitors, who were shot out for a mere 266 in the first innings, put up a strong fight in the second after being asked to follow-on as they forced India bat again on the final day even though they could only manage a slender lead of 36 runs. "To lose is a bit disappointing, but the character shown by the group over the last two days has been absolutely amazing, Wolvaardt told the media here after the match. "The grit and determination of this group were amazing and it will do a lot of good for us," she added. Wolvaardt hit a 314-ball 122 while Sune Luus cracked 109 as South Africa fought valiantly to delay the ...
"It was god's plan," Suryakumar Yadav said on Monday as he reminisced his incredible match-defining catch in the T20 World Cup final against South Africa, which is being lauded across the board as the perfect execution of athleticism, balance and game awareness. In a brief telephonic conversation with PTI, the Mumbaikar was modest about his role in India's title triumph. Rohit Sharma's men defeated a dangerous South Africa by seven runs in the summit clash in Bridgetown, Barbados on Saturday. "I am just grateful to be in that moment to do something special for the country...god's plan it was," Suryakumar said when asked about the catch that has become a standout moment from the game. Needing 16 runs from the final over, South Africa had the big-hitting David Miller on strike. He hit a wide full toss from Hardik Pandya but Suryakumar steadied himself on the ropes, caught the ball, released it just as he went over the boundary ropes and then came back in to complete an astonishing ..
Sandeep Patil expressed hope that BCCI would provide the required financial support to Gaekwad, emphasising that his case should be taken up on priority.