Wednesday, 22 March 2023
Police: 6 dead after crash on the Baltimore Beltway
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Fox, Dominion argue over legal standards to prove defamation
Explosion, fire injure 1 at Houston-area chemical plant
Report: 119K people hurt by riot-control weapons since 2015
Tuesday, 21 March 2023
Oklahoma court OK's abortion to preserve mother's life
MacKenzie Scott sets new 'open call' to donate $250 million
Missouri to restrict gender-affirming care for minors
Fed criticized for missing red flags before bank collapse
ODI World Cup 2023 To Begin On October 5, Final On November 19: Report
The 2023 ODI World Cup will start on October 5 with the final taking place on November 19, according to a report on ESPNCricinfo. The report further stated that the Board for Cricket Control in India (BCCI) has shortlisted around 12 venues for the tournament and the final will be held at the Narendra Modi Stadium in Ahmedabad. The other venues are - Bengaluru, Chennai, Delhi, Dharamshala, Guwahati, Hyderabad, Kolkata, Lucknow, Indore, Rajkot and Mumbai. The competition will have 48 matches across 46 days with 10 teams fighting it out for the coveted trophy.
While the report stated the list for the main venues, the board is expected to announce 2-3 more venues for warm-up matches ahead of the tournament. The main factor behind the choices will be the chances of rain and the presence of infrastructure needed to get the field ready in time.
While the fixtures for World Cups are generally announced one year in advance, the International Cricket Council (ICC) is still waiting to understand the situation surrounding the visa situation of Pakistan cricketers and the tax exemptions on offer from the Indian government.
As part of an agreement signed by the BCCI and ICC, a tax exemption was promised for three tournaments from 2016 to 2023. The report claimed that the BCCI was “obligated” to help the ICC (along with other commercial entities involved with the tournament) with tax waivers.
On the other hand, Pakistan cricketers have not travelled to India since 2013 for any tournament but the BCCI made it clear that their visas will be cleared by the Indian government.
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Monday, 20 March 2023
Wyoming bans transgender youth from girls' sports teams
"No Plans To Sell Bisleri Now," Says Chairman Ramesh Chauhan
Veteran industrialist Ramesh Chauhan on Monday said he has no plans to sell his packaged water business Bisleri International and is not in talks with any parties for the same, three days after Tata Consumer Products Ltd called off their negotiations.
Ramesh Chauhan had been in negotiations with the Tata group's FMCG arm Tata Consumer Products Ltd (TCPL) for nearly four months but the deal did not go through.
When asked as to whether he has any plans to sell Bisleri now, Mr Chauhan told PTI "We have no plans." However, when asked about media report suggesting that his daughter Jayanti Chauhan is ready to lead the company, the 82-year-old pioneer of the Indian packaged water business declined to comment.
Earlier in November last year, Mr Chauhan had said he was in discussions with several players, including TCPL, to sell out his Bisleri business.
On being asked about the reasons for the sale of Bisleri's business, the octogenarian business leader had said someone had to handle it and look into it.
His daughter Jayanti is not interested in handling the business, Mr Chauhan had added.
Later in a media statement, Bisleri International Spokesperson had also said: "We are currently in discussion and cannot disclose further." However, last week resting the speculations about a possible acquisition, TCPL, in a regulatory update, said it has not entered into any agreements over the acquisition of Bisleri.
"In this regard, the company wishes to update that it has now ceased negotiations with Bisleri with regard to a potential transaction and to confirm that the company has not entered into any definitive agreement or binding commitment on this matter," TCPL had said.
Bisleri International operates in the bottled water segment with its flagship brand Bisleri and spring water Vedica. It is also present in fizzy drinks with brands - Spyci, Limonata, Fonzo and PinaColada.
Three decades ago, Chauhans sold their soft drinks business to the US beverage major The Coca-Cola Company. He transferred brands such as Thums Up, Gold Spot, Citra, Maaza and Limca in 1993 to the Atlanta-headquartered firm.
TCPL was formed after merging the consumer products business of Tata Chemicals with Tata Global Beverages. It has done some acquisitions and is expanding its reach in the addressable market as it aspires to be a formidable player in the FMCG category by expanding its play into the existing category and venturing into new areas.
TCPL is already present in the bottled water segment with its brand Himalayan. Besides, it is also present in the hydration segment with Tata Copper Plus Water and Tata Gluco.
(Except for the headline, this story has not been edited by NDTV staff and is published from a syndicated feed.)
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