The BSE Sensex plummeted 1,236 points, wiping out nearly Rs 7 lakh crore in investor wealth, driven by escalating tensions between the US and Iran and subsequent market selloff.
Former India stars Anil Kumble, Javagal Srinath, Sunil Joshi and Vijay Bharadwaj have been drafted into the Cricket Advisory Committee (CAC) formed by the KSCA to improve the standard of the game across the state.
'The selectors have named 24 because they felt that a larger pool is always available for selection during each game. However, when we play home games in Delhi, we will prune it down to 15.'
The draft National Code Against Age Fraud in Sports (NCAAFS) 2025, which mandates penal action against violators and calls for AI-based bone assessments to accurately determine an athlete's age, is set to become a policy soon with the sports ministry planning to send it for cabinet approval next week.
Chetan and his colleague Harvinder were in Delhi to watch the home team's match against Tamil Nadu, while Sunil Joshi is in Hyderabad watching the game between Assam and Hyderabad.
Benchmark BSE Sensex tanked 824 points to settle at a fresh seven-month low on Monday following heavy selling in IT and oil & gas shares amid weak global trends. The 30-share BSE barometer plunged by 824.29 points or 1.08 per cent to close at 75,366.17 with 23 of its constituents ending lower and seven with gains. During the day the index moved between a high of 75,925.72 and a low of 75,267.59.
'We appointed the CAC as an ad-hoc body to specifically appoint the head coach of the men's national team. We as COA found that there was no Conflict of Interest'
Prasad's departure means the Ganguly-led BCCI has gone by the old constitution that has a provision of a maximum of four-year term for the selection committee. The amended constitution had a maximum five-year term.
Apart from Kapil Dev, the panel comprises former women's captain Shantha Rangaswamy and former men's coach Anshuman Gaekwad.
Shah said even a foreign coach can be considered depending on the CAC's recommendations.
"They (CAC) have applied themselves to the cause at hand with dedication and commitment. This is exactly what we had expected from a committee of such distinguished cricketers. On behalf of all interested in 'Cricket India', BCCI and the COA, I thank them for the service so willingly rendered by them. We accept their recommendation in totality."
The Food Safety and Standards Authority of India (FSSAI) has sought a meeting with quick-commerce (qcom) platforms like Blinkit, Swiggy Instamart and Zepto on Tuesday to discuss issues regarding violations of food safety standards, according to sources familiar with the matter. This comes at a time when there have been issues raised about food safety standard violations by qcom platforms for packaged food products, including violations related to expiry and best before dates.
The Cricket Advisory Committee comprising Kapil Dev, Shantha Rangaswamy and Anshuman Gaekwad, who picked the current India coach have been to respond by October 10.
CoA chief Vinod Rai has made it clear that the CAC comprising Kapil were 'not conflicted'
The committee will meet just once as only two changes are required in the senior selection panel.
BCCI's Cricket Advisory Committee (CAC) member Madan Lal said two new selectors will be in office by the time the national team's tour of New Zealand winds up early next month. Former India cricketers Rudra Pratap Singh and Sulkashana Naik are the other two members of the CAC, which has been tasked to find replacements for outgoing chairman of selectors MSK Prasad and his fellow panel member Gagan Khoda.
The Board of Control for Cricket in India on Sunday rubbished media reports that the Cricket Advisory Committee (CAC) wants to be suitably remunerated for picking the Indian team's head coach, terming them 'baseless and malicious'.
It is understood that the new BCCI regime wants the selection committee to have a clear cut stand on MS Dhoni's international future.
BCCI president Sourav Ganguly on Friday said that a Cricket Advisory Committee (CAC) will be formed in the next couple of days to announce the new selection panel on a three-year tenure. Ganguly said the CAC will be appointed only for one meeting to decide the selectors as the appointment of the men's head coach has already been done by the previous panel led by former captain Kapil Dev.
The Kapil Dev-led panel has got the green light from the BCCI's legal team to appoint the next coach of the men's side by mid-August.
Sachin Tendulkar, Sourav Ganguly and VVS Laxman will continue as members of Cricket Advisory Committee (CAC) till the new constitution of the Board of Control for Cricket in India is adopted and the elections take place.
India captain Virat Kohli had also made it clear that he and the team will be happy if Shastri was retained.
The selection of Ravi Shastri's coaching team will take place on Monday and the interviews for the batting, bowling and fielding coaches will be conducted by the national selection committee headed by MSK Prasad.
The Board of Control for Cricket in India's Cricket Advisory Committee (CAC) will certainly speak to Virat Kohli before announcing the new chief coach but they will only explain the 'rationale' behind their decision and not seek his opinion on the matter.
It is understood that the selectors are looking to bring more variations into the pace attack and hence a left-arm seam and swing bowler could be added to the bouquet of pacers vying for a Test cap.
The interviews for the rest of the support staff will be held on August 19.
The 39 year-old has played 86 Tests, 117 ODIs and 44 T20Is for South Africa with a total of 544 international wickets.
Gautam Gambhir's appointment will be a mere formality as he is only one to have applied for the coach's post.
iGATE and CAC intend to work together to provide technology solutions and support to Japanese Corporations with global presence. The primary purpose of the strategic alliance is to exploit the rapidly growing opportunities created by the overseas expansion of Japanese corporations, a release said. CAC will introduce high quality outsourcing service to its existing clients through the global service delivery footprint of iGATE.
Among the Sensex constituents, as many as 16 stocks closed with losses with Nestle India, Kotak Mahindra Bank, IndusInd Bank, Bajaj Finserve, Titan and JSW Steel being the major laggards. Index major Reliance, Hindustan Unilever, Maruti and Tata Steel also declined due to selling pressure. In contrast, NTPC, TCS, Tech Mahindra, Bajaj Finance bucked the trend and ended the day in green. Axis Bank, Bharti Airtel, Mahindra & Mahindra and Tata Motors also defied the trend.
'...VVS Laxman is going to Zimbabwe but new coach will join from Sri Lanka series'
Among Sensex shares, HCLTech, Asian Paints, Maruti, JSW Steel, TCS, SBI, ITC and Bharti Airtel were the major losers. On the other hand, Bajaj Finserv, Mahindra & Mahindra, Titan, L&T and Wipro were the major gainers.
India's bowling failed to make much of an impression as Cricket Australia Chairman's XI dominated the opening day of their two-day practice match, scoring 398 for 6 declared at the Manuka Oval, in Canberra, on Thursday.
The BCCI on Tuesday named Ajit Agarkar as chairman of the Senior Men's Selection Committee.
'This is a huge responsibility and I look forward to working closely with talented players and providing them with the right preparation and guidance to excel.'
BCCI to lock in broadcast deal by August-end before series against Australia; Afghanistan ODIs moved to January
Muzumdar was the only one to appear for the interview in person.
The BCCI on Monday invited applications to replace one among the five senior national selectors and in all likelihood, former pacer Salil Ankola would be the one on his way out as West Zone is already represented by chairman Ajit Agarkar.
Major laggards among Sensex constituents included Bharti Airtel, Hindustan Unilever, Tata Steel and ITC. Power Grid, UltraTech Cement, NTPC and Titan emerged as winners.