Police kill 18 Maoist insurgents in Odisha
BHUBANESHWAR, India Police killed at least 18 Maoist rebels in Odisha on Monday after tracking them to a remote, forested area where a gunfight erupted shortly after midnight, police said.
NEW DELHI Top telecoms firm Bharti Airtel has won the rights to sponsor all cricket series played in India until 2013 and will pay $700,000 per match, a cricket board official said on Friday.
"Bharti Airtel has won the series sponsorship rights for the period of 2010-2013 with a bid amount of 33.3 million rupees per test/ODI/T20 International," Board of Control for Cricket in India (BCCI) Secretary, N Srinivasan, said in a terse statement.
Initially, 10 firms had shown an interest in the right but eventually only four -- Bharti(BRTI.BO), Idea Cellular(IDEA.BO), Karbonn Mobile and MicroMax -- submitted bids on Thursday.
The marketing committee of the BCCI, the world's richest cricket board, opened the bids in Mumbai on Friday and awarded the rights to Bharti Airtel.
World Sports Group is the current holder of the rights.
BCCI chief administrative officer Ratnakar Shetty was earlier quoted in the media as saying the cricket board had set a reserve price of 20 million rupees per match.
(For more news visit Reuters India)
MUMBAI A proposed crackdown on algorithmic trading in India could hurt the earnings of the country's two main stock exchanges just as both bourses prepare to make their much-awaited stock market debuts.
BEIJING China admonished the United States on Monday for sending its ambassador in India to a contested stretch of land on the India-China border, warning that a third party's meddling would only complicate the dispute between Beijing and New Delhi.