Indra Nooyi Tops IndUS Business Journal List of Wealthiest Indian Americans

first_imgThe IndUs Business Journal Dec. 21 unveiled the list of the highest paid Indian Americans with former PepsiCo president and chief executive officer Indra K. Nooyi topping the list.Nooyi, with $25.9 million total compensation, comes just ahead of Microsoft chief executive Satya Nadella, No. 2 on the list with $25.84 million.Read it at India West Related Itemslast_img

Canada Rises As The First Choice Of Indians For MBA Abroad: An Education Study

first_imgThe study also reveals that MBA gets the spotlight in education search amongst IndiansIndian Education is evolving at a rapid pace with a great rise in people opting for Business Studies, as revealed in a recent nationwide ‘Education Study’ by SEMrush, Online visibility management, and content marketing SaaS platform.Read it at India Today Related Itemslast_img

Singapore Becomes India’s Top FDI Source, Mauritius Slips Behind

first_imgSingapore leapfrogged Mauritius to become India’s largest source of Foreign Direct Investment months before the country’s double tax avoidance agreement with Singapore came into force. Singapore toppled Mauritius, as FDI in equity from Singapore crossed 41 per cent during April and December 2018 to nearly USD 13 billion, while FDI from Mauritius slipped 55 per cent from a year back to only USD 6 billion, displayed the latest official data, the Financial Express reported.Read it at Deccan Chronicle Related Itemslast_img read more

Go Figure August 2012

first_imgAre you ready to start cracking the next Go Figure mystery?Deadline September 15, 2012  Enter Go Figure ContestThe winner of the last mystery contest, correctly identifying the image as that of betel leaf, is Sarita Shetty from Cary, North Carolina.  Related Itemslast_img

Reversal of Fortune

first_imgInfosys Technologies once was a software engineer’s dream, with a reputation for creating multimillionaires through its employee stock option program (ESOP). But the days of these nearly instant millionaires may have ended – or so it seems. Not only has the company stopped issuing ESOPs after new accounting rules that require them to be expensed against profits, but the company’s stock price, as of January 22, was at a 52-week low of Rs. 1,212.20 ($30.55). That is down 50% from a 52-week high of Rs. 2,439 in February 2007. The decline in the company’s market capitalization has taken some of the sheen off the Infosys brand. But if panelists at a recent entrepreneurial summit held in Delhi in December, are to be believed, the largest of India’s software and business process outsourcing (BPO) companies have little to fear. The outlook is less benign, however, for medium-size and small companies that provide plain vanilla, me-too IT services with a sole “we do it cheaper” approach. “If you are a small company with an innovative idea in the tech domain then you need to leverage the idea by a rapid scale-up of the business,” said Anish Tripathi, chief knowledge officer of KPMG India. The rapid scale-up is imperative for smaller firms to monetize the advantage of being a first mover, according to Tripathi, who noted that opportunities exist in rural tech deployment and in the mobile space.“Core intellectual property-based product companies can still compete” even if they are small, according to Jai Das, partner at SAP Ventures, the venture capital arm of SAP AG, because these companies’ products could enjoy patent, trademark or copyright protection. Even companies founded with intellectual property based on processes and systems can succeed, he noted. While many of these firms may get bought out before they become billion-dollar businesses, entrepreneurs will benefit from the value-creation exercise.Instead smaller firms are urged to take advantage of a trend away from selling software licenses and toward selling software as a service. In this web-based approach, the developer provides and maintains software for clients, who are billed based on usage rather than a fixed, annual per-user license fee. “Ninety percent of companies will want software as a service as they don’t want a headache with IT,” Das said.Ajai Chowdhry, chairman and CEO of HCL Infosystems, said the PC penetration in India that he had dreamed of years ago is about to happen. “We are on the cusp, with a digital lifestyle powering growth in urban India and with connectivity in rural India,” he said, speaking at an awards reception.In a speech at the TiE Entrepreneurial Summit 2007, Infosys co-chairman Nandan M. Nilekani discussed new benefits of IT for the Indian government. “There’s a dramatic adoption of many innovative technologies in India, such as electronic voting machines [used] in the 2004 general elections that made us the only country in the world to use these for electing members to Parliament,” he said. Thanks in part to growth in technology infrastructure, he added, India’s direct tax collections have risen 30% to 40% in the last two years as tax authorities have been able to analyze intelligence from the tax information network. “India is creating low-cost disruptive technologies for growth, and in four or five years we will have a completely portable national pension system and a common way of identifying citizens via one common number,” Nilekani said.Currently, the cumbersome process of transferring one’s employee provident fund account can take several years. India does not have a unique identifier for each citizen. Instead, multiple identifiers are used for purposes including tax payments, pension accounts and voter eligibility determinations. “A national dematerialized system for land records is now being created as well,” Nilekani noted, adding that the use of IT in the domestic market would enable targeted delivery of subsidies and other benefits.Brand IndiaIndian IT firms are focusing on the mass market to expand their market share. Bigger companies that provide application development and maintenance services expect business from North America to grow. “Inorganic growth is seen as a significant driver in addition to organic growth,” KPMG India’s Tripathi said. This would be a change of strategy for major IT firms, which have so far relied largely on new and existing clients to post high-double-digit growth in revenue and profit. With the rupee’s appreciation shaving off almost 15 percentage points in revenue growth over the last year and a half, IT firms have had to focus on getting 2% to 3% price increases and higher labor productivity to protect their bottom lines. And they have hedged their dollar receivables, locking in a fixed exchange rate to protect them from the rupee’s rise.India has become a key market even for global IT software companies such as Germany’s SAP, which has sold licenses for enterprise resource planning system software to customers including the $28.8 billion Tata group and Reliance Industries, India’s largest private-sector company. “We are now focusing on new application software for small and medium enterprises to grow our base of 2,000 customers in India,” SAP Ventures’ Das said. SAP Labs already has located its second-largest development center in India (its largest is in Germany), joining other global giants including Microsoft, Intel and General Electric.Shiv Nadar, chairman of HCL Technologies, pointed out just how competitive and polarized the IT business is becoming. The smallest of the IT firms could enter into aeronautics, which was using outdated technology, said Nadar. “We have already built aeronautics for Boeing’s 787 Dreamliner. Now, we can go out and buy sub systems manufacturers and benefit from the long-tailed revenue stream of product sale, support and services that characterizes the $800 billion global aeronautical business,” Nadar said. He noted that HCL would acquire a company in this area soon and in the next 24 months would build this up as a significant line of business.“The Indian IT industry has done what the auto industry did in Japan,” said Kris Gopalakrishnan, CEO and managing director of Infosys. “We have adopted global best practices and adapted them for India.”Smaller businesses setting up in India can profit from Indian IT firms’ success in the global markets. “In the U.S. and U.K., ‘brand India’ has arrived. Now Indian companies can hire top talent instead of also-rans from these markets,” said Uday Challu, CEO of iYogi, a venture capital-funded tech support company headquartered in Gurgaon, near New Delhi. Given the double-digit wage inflation and benchmarking of Indian mid- and senior-level salaries to global levels, it’s becoming easier to hire talent from the developed world, Challu said. Because smaller companies typically need fewer key people, looking beyond Indian shores for key officers may be a practical option, he added. As Russell Parera, CEO of KPMG India, noted, “It’s ironic that in a country of a billion people, the single biggest challenge to growth is the availability of talented staff and not customers.”Changes in the investment climate also can benefit smaller companies. “Now, investors don’t scoff at rupee revenue components in the business plan,” Challu said. “The IT and telecom sectors in India are early adopters of new technologies,” so new companies can get their first break right in the domestic market. “What’s more, references of an Indian user can now be used for global marketing, too,” he noted, elaborating on how entrepreneurs could leverage the India advantage in the tech business. Vispi Daver, partner at U.S.-based venture capital firm Sierra Ventures, added that entrepreneurs could now raise $10 million within the country rather than having to seek it in Silicon Valley.With a good number of globally renowned venture capital firms now in India, entrepreneurs are urged to take advantage of the value addition, guidance and insight that these VCs can provide to companies in which they invest, beyond the capital they contribute.Tips for Budding Entrepreneurs Terence H. Matthews, a Canada-based billionaire serial entrepreneur, had some tips for budding entrepreneurs. “The single most important word for success is ‘persistence.’ I have so far started up to 70 companies, of which I have lost only two,” he said, speaking as part of a separate panel. He said he owed his success to hitting the market at the right time with the right technology and the right product. “But there’s absolutely no substitute for work ethic and education,” he said. He advised entrepreneurs not to become emotionally attached to the companies they found, explaining that 20 of his companies have gone public while several others were acquired. “I don’t treat companies as babies that cannot be sold. [Instead,] I set up three new companies every year.”Matthews said his holding company, Wesley Clover, was looking to acquire companies in India to jump-start his plan to develop software products for the world markets there. Twenty tech companies that he is associated with outsource software to Indian firms. “India is at a tipping point, and the time is ripe for it,” he suggested. “Outsourcing is not capped and will grow quite fast and move to the next stage of development of products for the world market.”Consolidation in BPOJust as consolidation has occurred among IT firms in India, the business process outsourcing (BPO) sector is also showing sign of consolidating. The rupee’s steady appreciation has put the brakes on smaller and newer players’ undercutting established competitors. These challenger firms are being far more discerning in quoting uneconomic rates for outsourced work in the hope of breaking even. “We are already seeing a much easier employee hiring situation as a fallout,” said Raman Roy, chairman and managing director of Quatrro BPO Solutions. As firms become more careful in quoting prices, the demand for talent to fuel growth at any cost is moderated, providing a needed breather from the high rates of attrition that have come to characterize the business in India. “Currently, most companies have hedged up to a year’s worth of dollar receivables,” said Roy, who is widely considered the father of India’s BPO business. “The real challenge will come next year, when those hedges run out and we will see a lot of uneconomical companies quickly wither away.”Pavan Vaish, CEO of IBM Daksh Business Process Services, likens the industry’s challenges to what happened in Japan years ago when the yen strengthened. “Companies reinvented themselves by investing in technology, R&D and extreme operational excellence. Of course, fewer companies who have the brand, technological capability and the management to make the transition will succeed,” Vaish said.Most companies remain bullish about the prospects of the larger companies in the $8 billion sector, whose revenues have been growing at almost 33% a year. Harsh Manglik, chairman of Accenture India, said firms such as his could improve productivity of processes by almost 50% while keeping the same people employed by the client working out of the same locales. “These are benefits we are talking about even before the operation is offshored to another country,” he said.Pramod Bhasin, CEO of Genpact, said India’s penetration in the IT enabled services industry has been “minimal” to this point, and human resources is the key to growth. “The demographics of the developed world mean that they aren’t going to produce 20- and 30-year-olds in huge numbers. Companies in those geographies will therefore have to find the capacity for growth in other markets. We feel limited only by our ability to hire employees who can provide a very high quality of service to our clients,” he said.The leaders of India’s BPO industry have managed to build domain expertise, or in some cases acquire it in chosen areas. This has allowed them to deliver cost savings by reengineering processes rather than just through cost arbitrage based on cheaper Indian labor. Cost savings generated from a fundamental redesign of a process also allow the larger firms to share a part of the savings the client realizes. A lack of deep domain expertise is the reason smaller firms that focus on cost arbitrage are having a difficult time coping with the rising rupee. “Cost arbitrage as a basic reason to exist is over,” the Bhasin said. “Now clients come to us because we can give them high-quality service and continuous improvement.”Vaish, of IBM Daksh, said firms will have to focus on delivering greater value, which will call for an enormous amount of investment in research and building domain expertise. Today, “it’s very hard to do a [BPO] start-up in conventional areas” such as call center services, he said.Leading BPO firms are now looking at what departments of top banks and companies they can acquire so they can identify efficiencies and create value by fixing something that is broken and providing the services back to the banks and companies on a contract basis. Focus areas could include such activities as research monitoring in a particular subject area and patent filing work. The biggest BPO firms are also actively exploring opportunities in the local BPO business, as banks, media companies and airlines that are growing revenue by 30% a year are increasingly willing to outsource noncore operations.Jerry Rao, chairman of MphasiS, said the domestic and international call center business in India continues to grow. Even in a three-decade-old industry, firms are adding value by reducing average handle times per call by 30% to 40% using Six Sigma standards of efficiency. “India now has as many Six Sigma black belts and green belts as any other country worldwide. In five years, we will probably have more of them than the rest of the world combined,” Rao said. “There are, however, several other opportunities that domestic entrepreneurs should explore which are allied to the BPO industry. For instance there are lots of opportunities to develop a new recording software used by call centers where an Israeli company currently has almost a monopoly.” Rao also illustrated how small entrepreneurs were taking advantage of the growth of the larger players by setting up accent coaching classes to provide trained manpower to the BPO industry. “There are now 150 to 200 such classes in Bangalore alone, and I’m worried that people here will start speaking with a U.S. accent and I will not understand them,” he joked. Related Itemslast_img read more

Sales rise 50% in India

first_imgStrong demand in India and China led to a 40 percent growth in sales in Asia-Pacific and Africa in the first three quarters for Ford Motor. The company said sales in India and China grew 50 percent this year. “With the launch of the new Fiesta in Southeast Asia and the continued strong growth in India and China, we had our best sales month ever in the Asia-Pacific and Africa region,” Joe Hinrichs, president of Ford Asia-Pacific and Africa, said in a statement.   Related Itemslast_img read more

Drug menace: Haryana, H.P. mull law on lines of MCOCA

first_imgExpressing concern over the inflow of drugs from Pakistan, Afghanistan, Nigeria and other countries, seven northern States and a Union Territory on Thursday decided to set up a joint working group, involving officials of the health and social justice departments, to share experiences and best practices in their respective campaigns against drugs.Two of the BJP-ruled States — Haryana and Himachal Pradesh — disclosed that they were considering a legislation on the lines of the Maharashtra Control of Organised Crime Act (MCOCA) to tackle the drug menace in their States. Chief Ministers of the northern States, including those of Punjab, Rajasthan, Haryana, Himachal Pradesh and Uttarakhand, joined by top officials from Delhi, Jammu & Kashmir and Chandigarh, agreed on a series of measures to eradicate the drugs scourge from the region, they said in a statement after their second joint conference.‘Joint operations’“These included joint operations at the inter-State borders, information sharing and implementation of the best practices of the participating States,” the officials said in the statement. “There was consensus among the States on the importance of strengthening the information sharing mechanism on drugs and drug dealers-smugglers, for a more effective crackdown against them,” they added.It was also agreed that all the States would initiate major awareness programmes and strive to make eradication of drugs a peoples’ movement. The conference recognised drugs as a national problem, requiring the collective effort of all the States for its successful eradication. It proposed, therefore, to jointly press the Centre to come out with a national drugs policy in order to effectively tackle the growing menace.“We believe that these efforts will go a long way in eradicating this scourge from the region, thus protecting our youth and our future generations, and ensuring a safe, secure and healthy society,” they said in the joint statement. The States also reiterated their commitment to “continuing and strengthening the process of consultation and cooperation, to collaborate even more closely and actively for making the region ‘Nasha Mukt’.last_img read more

Dalit Professor issued notice for comment on Hindu deity

first_imgA Dalit Assistant Professor in Allahabad University on Saturday said he feared he could be lynched by a mob after an old video showing him making controversial remarks about a Hindu deity was widely circulated on campus.The central university’s administration has served Vikram Harijan, an Assistant Professor in the Medieval and Ancient History department, a show-cause notice for his remarks following a complaint by a delegation of students who claimed they had been offended by Mr. Harijan’s remarks. Mr. Harijan found himself in trouble after a research scholar, Ranjeet Saroj, on August 20 uploaded on YouTube a video showing the faculty member making controversial comments on a Hindu deity. Following the circulation of the video, a delegation of students led by Ashwani Kumar Maurya, joint secretary of the ABVP (Kashi Pranth) wrote to the university’s vice-chancellor on August 27 demanding action against Mr. Harijan. They contended that Mr. Harijan’s “anti-dharma” utterances had “hurt religious sentiments” of the public. Mr. Maurya also lodged a police complaint against the faculty member at the Colonelganj police station.Asserting that he had expressed regret for his comments, if they had hurt anyone’s sentiments, Mr. Harijan told The Hindu, that the video being circulated was, however, at least two years old. The video, which shows the faculty member narrating how as a sixth-standard student he had insulted a Hindu deity but faced no backlash from the deity to push his argument against religion and fears related to it, had been shot at a private event at a hostel in Prayagraj on April 14, 2017, on the birth anniversary of Bhimrao Ambedkar. “My purpose was to say that our children should move forward on the basis of education, hard work and rationality, not to rely on destiny or fear of god,” he explained. “Faith is the path to superstition,” he added. Mr. Harijan said he had received several threats and casteist slurs over the phone, after the video surfaced last week, and expressed his apprehension of becoming a victim of “mob lynching”. He said he had informed the administration about his fears and had sought protection. “I messaged the Proctor saying that I could be mob lynched, by Hindu fanatics,” he said. Proctor R.S. Dubey said Mr. Harijan had been issued a show-cause notice and further action would be taken after his reply. On the security threat perceived by the Assistant Professor, Mr. Dubey said: “If anyone has a security problem, they should approach the police. I am a teacher, what point is it telling me.”Mr. Harijan contended that the video had been uploaded by Mr. Saroj due to personal animosity against him and caste prejudice. “He did this to show me my aukaat (position in society),” asserted Mr. Harijan, referring to his Jatav caste.Mr. Saroj is also a Dalit but belongs to the Pasi sub-caste, and Mr. Harijan alleged Mr. Saroj considers his caste superior to Jatavs. Mr. Saroj refuted Mr. Harijan’s allegation and said he had uploaded the video as he could no longer tolerate the “repeated” insults to Hinduism by Mr. Harijan. “Does the constitution give you the right for such things? We should respect all religions,” said Mr. Saroj, who is also an activist of the Akhil Bharatiya Ambedkar Mahasabha.last_img read more

WMA concern over attacks on doctors

first_imgWorld Medical Association, the global federation of National Medical Associations representing millions of physicians worldwide has written to the Prime Minister Narendra Modi and Health Minister Harsh Vardhan stating that it is worried about the increasing trend of violence against health professionals in India.The letter comes after 73-year-old Dr. Deben Dutta, was allegedly beaten by workers of Teok Tea Estate, where he volunteered his services after retirement just a few years ago. The tea workers were allegedly furious that he was not in the estate hospital when a colleague died. Dr. Dutta died moments after he was rescued by the police later.The Association in its letter said that they support doctors at risk worldwide.last_img read more

BJP, allies hope to bag most of Northeastern Assembly Seats

first_imgGUWAHATI: The BJP and its regional allies hope to bag most of the nine Assembly Seats across four northeastern States where byelections will be held on Monday. Rival Congress, on the other hand, is keen on regaining lost ground.Four of these nine Assembly Seats are in Assam followed by Sikkim with three and Arunachal Pradesh and Meghalaya one each.The four Seats in Assam – Jania, Rangapara, Ratabari and Sonari – fell vacant after their representatives were elected to the Lok Sabha. In the 2016 Assembly polls, the Congress had won the Muslim-dominated Jania while the BJP had won the other three where Adivasis or “tea tribes” are the decisive factor.Upbeat about the Congress’s chances in Jania, former Chief Minister Tarun Gogoi hoped the voters would see through the BJP’s neglect of the tea plantation workers in the other Seats. Once behind the Congress, the Adivasis have gravitated toward the BJP over the years.“The BJP did not field tea garden leaders despite enjoying the community’s vote. They should realise the BJP does not want their community to be politically strong,” Mr. Gogoi said.The Congress fielded “tea tribe” candidates Kartik Kurmi, Keshab Prasad Rajak and Sushil Suri for the Rangapara, Ratabari and Sonari Seats. The BJP’s candidates – Rajen Borthakur, Bijay Malakar and Nabanita Handique – do not belong to the community.“The Party matters more than candidates to our supporters,” State BJP president Ranjeet K. Dass said, defending the choice of candidates.Consensus candidateIn Arunachal Pradesh, the BJP and the Congress brushed their political rivalry aside to back independent candidate Chakat Aboh, also supported by other national and regional Parties, for the Khonsa West Seat.Ms. Aboh is the widow of Tirong Aboh, who had won the Seat in the Assembly election on a National People’s Party (NPP) ticket. Suspected extremists had gunned him down with 10 others on May 21, two days before the election results were declared.Ms. Aboh’s sole rival Azet Hamtok is also an independent.Regional allies in the coalition government have posed more of a challenge for the BJP in Meghalaya than the Congress. For the lone Shella Assembly Seat, which fell vacant after the death of Speaker and former Chief Minister Donkupar Roy, the BJP is up against two coalition partners – United Democratic Party (UDP) and People’s Democratic Front.What left the BJP leaders red-faced was that the NPP, the largest coalition partner, threw its weight behind UDP candidate Balajied Kupar Synrem.Test for Sikkim CMMonday’s bypoll will decide the fate of two heavyweight candidates – Sikkim Chief Minister Prem Singh Tamang, popularly P.S. Golay, of the Sikkim Krantikari Morcha (SKM) for the Poklok-Kamrang Seat and former footballer Bhaichung Bhutia of the Hamro Sikkim Party for the Gangtok Seat reserved for the Bhutia-Lepcha communities.The SKM has concentrated on Poklok-Kamrang, leaving the other two Seats – Gangtok and Martam-Rumtek to the BJP.Former Chief Minister and rival Sikkim Democratic Front leader Pawan Chamling said the State might not witness free and fair election. “If people vote without fear and there is no booth-capturing, the Chief Minister will be knocked out,” he said.last_img read more

Abhay Chautala rules out INLD’s merger with JJP

first_imgIndian National Lok Dal (INLD) leader Abhay Chautala on Tuesday set aside speculations about coming together of his party and its offshoot outfit – the Jannayak Janta Party (JJP) in Haryana.On Monday, Deputy Chief Minister Dushyant Chautala’s father Ajay Chautala met his estranged younger brother, Mr. Abhay Chautala, causing speculations among party ranks about a truce between both the leaders of the “Chautala family”.Asked about the meeting and the INLD’s future political prospects, Mr. Abhay Chautala told The Hindu over telephone that “…the chapter is closed. When they have gone away and we are separate now, then it’s over.” A party source said “nothing much should be read into the meeting as it was a customary one among the family members.”Deepavali greetingsThe meeting took place at the family’s farmhouse in Teja Khera in Sirsa district and Deepavali greetings were exchanged. “The two brothers had a cordial conversation,” said the source.The INLD, led by former Chief Minister O.P. Chautala saw a split in 2018 after a bitter power struggle between Ajay Chautala, who is serving a 10-year jail sentence in a teacher recruitment scam, and Mr. Abhay Chautala, who was the leader of the Opposition in the Assembly and had been running the party since 2013. Amid the family feud, Mr. Ajay Chautala and Mr. Dushyant Chautala floated the JJP.In the recent Assembly polls, the JJP made an impressive debut by securing 10 seats, and struck a deal with the BJP to form a coalition government. The INLD saw a near washout from the political arena by winning just one seat.Ahead of Mr. Dushyant Chautala’s oath as Deputy Chief Minister last week, Mr. Ajay Chautala was released from the Tihar jail on a two-week furlough.The BJP emerged as the single largest party by winning 40 seats in the recent polls but fell short of six seats to form a government on its own. The majority mark is 46. The BJP and the JJP then decided to form an alliance government.last_img read more

Kyrie Irving excited about joining revamped Celtics

first_imgThe Celtics already had had quite the summer after they signed Hayward to a four-year deal worth about $128 million and traded Avery Bradley to clear cap space for him. When Irving asked for a trade, general manager Danny Ainge pounced, shipping out Thomas — a fan favorite and the team’s biggest star — along with Jae Crowder, Ante Zizic and a 2018 first-round draft pick.Irving would not say whether he plans to talk to Cavaliers superstar LeBron James about his trade demand, telling reporters: “It’s not anybody else’s business.”“It’s just really between two men,” he said. “If it happens or not, I’m pretty sure you guys won’t know about it.”For now, he is worried about his new team.“There’s just a lot of newness I have to get used to, which I’m excited about,” he said Monday. “It’s going to come in waves, man, these ups and downs we’re about to face as a team. … It will really echo in terms of our identity and how we’re going to respond.”ADVERTISEMENT Nonong Araneta re-elected as PFF president Read Next Thomas is out, shipped to Cleveland in a package that brought Kyrie Irving to Boston and completed — for now, at least — a near-total makeover of the team that had the best record in the Eastern Conference last year.But that doesn’t mean Hayward is disappointed that the team he is going to play with looks much different from the one he thought he had joined.FEATURED STORIESSPORTSWATCH: Drones light up sky in final leg of SEA Games torch runSPORTSSEA Games: Philippines picks up 1st win in men’s water poloSPORTSMalditas save PH from shutout“You’re talking about two superstar players, two incredible offensively talented players,” Hayward said Monday at the Celtics media day.“It would have been amazing to have the opportunity to play with I.T. I was looking forward to that; that was something that was enticing and exciting about the Boston Celtics. On the other hand, I get to play with another superstar.” Don’t miss out on the latest news and information. LOOK: Loisa Andalio, Ronnie Alonte unwind in Amanpulo for 3rd anniversary In all, just four players return from last year’s conference finalists: Marcus Smart, Jaylen Brown, Terry Rozier and Al Horford.They’re all new to Irving, a four-time All-Star who averaged 21.6 points and 5.5 assists in his six-year career, all of it for the Cavaliers.Ainge said it wasn’t his goal to shake up the conference finalists.“Those guys were terrific players for us, and some of my favorite players that I’ve watched and been around during my time here. But we had a chance to get some players, too,” Ainge said. “It wasn’t because we were unhappy with our roster.”Ainge would like to see how it all works out.“We don’t plan on doing the same thing next summer,” he said. “I plan on getting down to about a 1 handicap next summer.” Boston Celtics’ Gordon Hayward (20), Al Horford (42), and Kyrie Irving (11) walk together during a photo shoot at NBA basketball media day, Monday, Sept. 25, 2017, in Canton, Mass. (AP Photo/Steven Senne)CANTON, Mass. — Gordon Hayward was looking forward to playing with Isaiah Thomas, one of the Celtics players who recruited him to Boston during his whirlwind free agency.By the time Hayward steps on the parquet floor, though, there will be another All-Star point guard dishing out the ball.ADVERTISEMENT Kammuri turning to super typhoon less likely but possible — Pagasa Brace for potentially devastating typhoon approaching PH – NDRRMC LATEST STORIES Fire hits houses in Mandaluyong City MOST READ BSP sees higher prices in November, but expects stronger peso, low rice costs to put up fight Trump says NFL insults about patriotism, not race Frontrow holds fun run to raise funds for young cancer patients  Trending Articles PLAY LIST 00:50Trending Articles07:50BYS Academy: Create a Fall Glam Makeup Look00:50Trending Articles01:37Protesters burn down Iran consulate in Najaf01:47Panelo casts doubts on Robredo’s drug war ‘discoveries’01:29Police teams find crossbows, bows in HK university01:35Panelo suggests discounted SEA Games tickets for students02:49Robredo: True leaders perform well despite having ‘uninspiring’ boss02:42PH underwater hockey team aims to make waves in SEA Games E.T. returns to earth, reunites with grown-up Elliott in new ad  View commentslast_img read more

San Beda hands Lyceum first loss of season, nears NCAA title

first_imgKammuri turning to super typhoon less likely but possible — Pagasa The two were instrumental in the Pirates’ last ditch rally as they cut the 91-82 deficit with 35 seconds remaining to just four, 91-87, with 20.2 left before Bolick and Potts canned the insurance freebies to seal the game shut.The Scores:SAN BEDA 94 – Tankoua 27, Bolick 24, Potts 15, Mocon 11, Soberano 9, Tongco 4, Doliguez 2, Noah 2, Abuda 0, Presbitero 0, Adamos 0.LYCEUM 87 – Perez 25, Nzeusseu 14, Ayaay 11, Caduyac 9, Jv. Marcelino 8, Jc. Marcelino 6, Ibañez 6, Santos 5, Pretta 3, Serrano 0, Baltazar 0.Quarters: 22-21, 45-50, 64-64, 94-87. “I stick to the brand that we are still the underdogs. We just only won one game. It’s not yet over and we still have to win one more game,” he said. “I just give credit to my players. We were down by more than 12 points and they never gave up. People said the heart of LPU is really big, but the heart of my players were really big as well.”Davon Potts added 15 points and four rebounds, while Javee Mocon got 11 markers and nine boards in the win.San Beda recovered from a 57-45 deficit to start the third quarter as Bolick and Tankoua commandeered a 16-3 blast to take a 61-60 lead late in the third period, setting up the close finish.With the game tied at 80, the Red Lions once again leaned on Bolick, who exuded veteran poise and drained the crucial buckets.Newly minted Most Valuable Player CJ Perez fired 25 points, eight rebounds, and two assists, while Mythical Team member Mike Nzeusseu got 14 markers and eight boards.ADVERTISEMENT John Lloyd Cruz a dashing guest at Vhong Navarro’s wedding Donald Tankoua was the rock once again for San Beda, pouring 27 points, 20 rebounds, and two assists but it was Robert Bolick who came through in clutch for the Red Lions, who finally defeated the Pirates after three tries.Bolick fired nine of the Red Lions’ last 11 points including the  gutsy off-the-glass trey with 1:28 to go. He finished with 24 markers, four boards, and two dimes.FEATURED STORIESSPORTSWATCH: Drones light up sky in final leg of SEA Games torch runSPORTSSEA Games: Philippines picks up 1st win in men’s water poloSPORTSMalditas save PH from shutoutSan Beda can finish the job off next Thursday in Game 2, still at the Big Dome.Despite the win, coach Boyet Fernandez said that the Red Lions remain as the underdogs in this series. Injuries galore in Seahawks’ Thursday night victory MOST READ CPP denies ‘Ka Diego’ arrest caused ‘mass panic’ among S. Tagalog NPA Read Next Photo by Tristan Tamayo/INQUIRER.netSan Beda shrugged off a slow start and dealt Lyceum its first defeat of the season, 94-87, to take Game 1 of the NCAA Season 93 men’s basketball Finals Friday at Smart Araneta Coliseum.Showing their poise in the championship round, the Red Lions corrected their error-prone ways in the first half to inch closer to claiming their 10th title in 12 years with a 1-0 series lead in the best-of-three championship duel.ADVERTISEMENT Stronger peso trims PH debt value to P7.9 trillion QC cops nab robbery gang leader, cohort Typhoon Kammuri accelerates, gains strength en route to PH Brace for potentially devastating typhoon approaching PH – NDRRMC Japan ex-PM Nakasone who boosted ties with US dies at 101 Don’t miss out on the latest news and information. Trump talks impeachment while meeting NCAA athletes PLAY LIST 01:07Trump talks impeachment while meeting NCAA athletes02:12San Beda, Lyceum early favorites ahead of NCAA Season 9302:00NCAA Season 93 Preview: Lyceum Pirates01:37Protesters burn down Iran consulate in Najaf01:47Panelo casts doubts on Robredo’s drug war ‘discoveries’01:29Police teams find crossbows, bows in HK university01:35Panelo suggests discounted SEA Games tickets for students02:49Robredo: True leaders perform well despite having ‘uninspiring’ boss02:42PH underwater hockey team aims to make waves in SEA Games LATEST STORIES View commentslast_img read more

UAAP 80 Volleyball Preview: NU taking road to Final Four one step at a time

first_imgHead coach: Babes CastilloLast season: 7-7Key holdovers: Jaja Santiago, Jasmine Nabor, Risa SatoADVERTISEMENT “We can’t just target the Final Four and we’re still in the first round. We have to finish strong in the first round and continue that momentum in the second. If we can perform well in the first round, we have to do better in the second round.”As unfortunate as it may seem, the Lady Bulldogs had the reputation of bottoming out in the latter half of the season after having a stellar start.The Lady Bulldogs started Season 78 on a 3-1 start but would end up winning just two in their next seven games and ending the tournament with a mediocre 7-7 card at the fifth spot.NU then ended Season 79 on the same 7-7 record and this time the Lady Bulldogs went off 3-0 before losing three straight and eventually ending the tournament on a three-game skid.Jasmine Nabor, a two-time Finals MVP and one-time Best Setter in the Premier Volleyball League, said they first have to make it into the Final Four before dreaming of reaching the championship round.ADVERTISEMENT For all the talent that’s within National University, it’s quite surprising that the girls in navy-and-gold have just featured in the Final Four just twice in the last four years.The team’s two leaders, though,  are determined to get the Lady Bulldogs past the semifinals, especially with Jaja Santiago bidding the school goodbye at the end of the season.FEATURED STORIESSPORTSWATCH: Drones light up sky in final leg of SEA Games torch runSPORTSLillard, Anthony lead Blazers over ThunderSPORTSMalditas save PH from shutout“We have to take it step-by-step, first round then the second round,” said Santiago, who has won several MVP plums in the club level, in Filipino.READ: Championship or bust for Jaja Santiago in her final year  Sports venues to be ready in time for SEA Games PLAY LIST 00:59Sports venues to be ready in time for SEA Games00:50Trending Articles00:50Trending Articles01:29Police teams find crossbows, bows in HK university01:35Panelo suggests discounted SEA Games tickets for students02:49Robredo: True leaders perform well despite having ‘uninspiring’ boss02:42PH underwater hockey team aims to make waves in SEA Games01:44Philippines marks anniversary of massacre with calls for justice01:19Fire erupts in Barangay Tatalon in Quezon City Read Next View comments LATEST STORIES Don’t miss out on the latest news and information. 2 ‘newbie’ drug pushers fall in Lucena sting Globe Business launches leading cloud-enabled and hardware-agnostic conferencing platform in PH AFP official booed out of forum Brace for potentially devastating typhoon approaching PH – NDRRMC NEXT BLOCK ASIA 2.0 introduces GURUS AWARDS to recognize and reward industry influencers Typhoon Kammuri accelerates, gains strength en route to PH “Of course the goal is to reach the Final Four before playing in the Finals,” said Nabor in Filipino. “I want each and every one of us to improve as the season goes on and my goal is to become the best leader I can be on the court.” Slow and steady hope for near-extinct Bangladesh tortoises John Lloyd Cruz a dashing guest at Vhong Navarro’s wedding MOST READ NCAA jrs MVP Will Gozum commits to UPlast_img read more

Busmen brace for tough Cambodians

first_imgAFP official booed out of forum PH boxing team determined to deliver gold medals for PH PLAY LIST 05:25PH boxing team determined to deliver gold medals for PH00:50Trending Articles00:50Trending Articles01:29Police teams find crossbows, bows in HK university01:35Panelo suggests discounted SEA Games tickets for students02:49Robredo: True leaders perform well despite having ‘uninspiring’ boss02:42PH underwater hockey team aims to make waves in SEA Games01:44Philippines marks anniversary of massacre with calls for justice01:19Fire erupts in Barangay Tatalon in Quezon City Slow and steady hope for near-extinct Bangladesh tortoises Fallen PAL inspires Canlubang With Global Cebu losing to Thanh Hoa of Vietnam in its AFC Cup opener on Saturday in Hanoi, the Busmen hope to give the country a breakthrough win in this year’s competition.Home United of Singapore and Shan United of Myanmar are also in Group F with Ceres, which went on a magical qualifying run last month in the top-tier Champions League, stunning Brisbane Roar of Australia and delivering a creditable showing in a 0-2 loss to Tianjin Quanjian of China in the playoff.FEATURED STORIESSPORTSWATCH: Drones light up sky in final leg of SEA Games torch runSPORTSLillard, Anthony lead Blazers over ThunderSPORTSMalditas save PH from shutoutVidakovic refused to make a huge deal out of their last two games against strong opposition, pointing out that the most important game will be against the Cambodians.“It doesn’t mean anything to us and we have to move forward and focus on the next game,” said the Serbian. “We can’t go [in the AFC Cup] with overconfidence. All our opponents deserve our respect.” Don’t miss out on the latest news and information. Brace for potentially devastating typhoon approaching PH – NDRRMC 2 ‘newbie’ drug pushers fall in Lucena sting MOST READ LATEST STORIES John Lloyd Cruz a dashing guest at Vhong Navarro’s wedding NEXT BLOCK ASIA 2.0 introduces GURUS AWARDS to recognize and reward industry influencers Read Next View comments Globe Business launches leading cloud-enabled and hardware-agnostic conferencing platform in PH BACOLOD CITY—Following a memorable AFC Champions League qualifying run last month, Ceres Negros coach Risto Vidakovic knows his team can’t afford to let up as it braces for a tough title defense of the Asian Football Confederation (AFC) Cup Asean zone crown starting on Tuesday.Armed with more experience, the Busmen open their campaign in Group F against Cambodian champions Boeung Ket with another huge crowd expected at Panaad Stadium here. Kickoff is at 7:30 p.m.ADVERTISEMENT Typhoon Kammuri accelerates, gains strength en route to PHlast_img read more

Beermen down KaTropa in heated Game 3 for 2-1 finals lead

first_imgFederer beats Alexander Zverev 6-1, 6-3 for 9th Halle title Sports Related Videospowered by AdSparcRead Next LATEST STORIES Fellow BPC candidate Chris Ross posted 17 points, five rebounds, four steals, and three rebounds, while Marcio Lassiter finally broke out of his shooting slump as he rack up 16 markers and seven dimes.San Miguel shoots for a 3-1 lead on Wednesday still at Araneta Coliseum.FEATURED STORIESSPORTSSEA Games: Biñan football stadium stands out in preparedness, completionSPORTSPrivate companies step in to help SEA Games hostingSPORTSMalditas save PH from shutout“This is a hard fought game. I think what happened to the game is we did not have any major adjustment and we just kept our intensity high,” said SMB head coach Leo Austria.Things got heated near the end of the first half when Ross engaged in a verbal duel with TNT’s stand-in import Mike Myers and Governors’ Cup reinforcement Michael Craig. It escalated during the halftime break when Craig allegedly pushed off a metal gate which hit San Miguel governor Robert Non and some of the Beermen staff. With Ross kept on the bench after incurring a flagrant foul penalty one at the 2:49 mark of the second quarter, San Miguel got a huge shot in the arm thanks to the stupendous play of Brian Heruela as he sparked his squad to a 16-5 run and grab a 62-52 lead with seven minutes to play in the third quarter.San Miguel also weathered Rhodes’ foul woes, as its all-Filipino crew kept the KaTropa at bay and preserved its 10-point cushion up until the fourth quarter.The win came despite June Mar Fajardo’s silent outing as the three-time MVP was limited to just six points, five rebounds, and two blocks.Also aiding the Beermen were TNT’s 23 turnovers, which turned to 26 easy points for them.RR Garcia led TNT with 19 points and four assists, while Joshua smith got 18 markers, 14 rebounds, three assists, and two blocks.ADVERTISEMENT PBA IMAGESSan Miguel did just enough to hold off TNT, 109-97, and gain a 2-1 edge in the 2017 PBA Commissioner’s Cup Finals Sunday at Smart Araneta Coliseum.Charles Rhodes celebrated his 32nd birthday in style, carrying the load for the Beermen with 25 points, 20 rebounds, two assists, and two steals, while Best Player of the Conference contender Alex Cabagnot scattered 28 markers, nine boards, and six dimes.ADVERTISEMENT Heart Evangelista admits she’s pregnant… with chicken MOST READ Jayson Castro contributed 17 points, three boards, and three assists, but committed 10 turnovers while Roger Pogoy was held scoreless for the second straight game after delivering a career performance in the finals opener.The scores:SAN MIGUEL 109 – Cabagnot 28, Rhodes 25, Ross 17, Lassiter 16, Santos 10, Fajardo 6, Heruela 5, Semerad 2, Tubid 0, Espinas 0. TNT 97 – Garcia 19, Smith 18, Castro 17, Semerad 12, De Ocampo 9, Williams 8, Tautuaa 7, Reyes 7, Pogoy 0, Rosario 0.Quarters: 23-23, 46-47, 79-72, 109-97. Ethel Booba on hotel’s clarification that ‘kikiam’ is ‘chicken sausage’: ‘Kung di pa pansinin, baka isipin nila ok lang’ Robredo: True leaders perform well despite having ‘uninspiring’ boss PLAY LIST 02:49Robredo: True leaders perform well despite having ‘uninspiring’ boss02:42PH underwater hockey team aims to make waves in SEA Games01:44Philippines marks anniversary of massacre with calls for justice01:19Fire erupts in Barangay Tatalon in Quezon City01:07Trump talks impeachment while meeting NCAA athletes02:49World-class track facilities installed at NCC for SEA Games World’s 50 Best Restaurants launches new drinking and dining guide WATCH: Firefighters rescue baby seal found in parking garage View comments Cayetano to unmask people behind ‘smear campaign’ vs him, SEA Games Don’t miss out on the latest news and information. Lacson: SEA Games fund put in foundation like ‘Napoles case’ 1 dead in Cavite blast, fire What ‘missteps’?last_img read more

Couldn’t take the insult anymore: Chertkov

first_imgVladimir Chertkov is back in India and he has nothing complimentary to say about the way the sport is run in the country.The foreign expert consultant with the Indian gymnastics team flew back in a huff after he was barred from participating in the opening ceremony of the Guangzhou Asian Games. The bone of contention apparently was the ceremonial dress code of the Indian contingent.Chertkov said the blazer and trousers provided to him did not fit him at all but the higher-ups in the delegation insisted that he had to wear the given attire if he wished to be a part of the ceremony. The tone and tenor of the officials also played a big role in the matter. “I couldn’t take it anymore.It feels very childish to talk about something like this, but I felt humiliated and insulted,” Chertkov told Mail Today after landing in the Capital on Saturday night.”The issue is much deeper. It is about the way athletes and coaches are treated in India by officials who know nothing about sports. Obviously, the Indian coaches cannot take the sort of step I took as they have much more to lose.”The American of Russian origin said there was no professionalism in the way issues were handled.”Our measurements are taken a week before our departure and the uniform arrives at the last moment. But the arms of my blazer reached just about my elbow while the trousers finished little below my knees.”I told the contingent officials about the problem but they said ‘take it or leave it.’ I have a blazer in a colour similar to the official dress and was ready to wear it with the Indian Olympic Association tie. But they would have none of it. The team manager told me in front of all the athletes and coaches that I could not attend. This is no way to treat someone who has brought the first medals in international competition.advertisement”Had I attended the ceremony in what was provided to me, I would have looked like a clown. It would have been an embarrassment and a joke. They would not even let me watch the ceremony from the stands. If they did not want me there, it was best that I came back,” Chertkov said.”It is a case of personal discrimination and the chef-demission is responsible for the situation.” The players knew about his decision to return. “I talked to the players before returning to India. I told them it is a personal matter which has upset me and I cannot stay. But they have to focus on their job and perform well.”And they did as for the first time in Asian Games history, we have an Indian in the final of an event (Ashish Kumar in the floor exercises). Who knows what can happen in the final?” Ashish had earlier done the country proud by winning the first medals in a major event with a silver and bronze at the Commonwealth Games.Nobody from the Gymnastics Federation of India (GFI) has got in touch with Chertkov since he touched down in Delhi.Like other foreign coaches in various sports, Chertkov’s contract expires on November 30 and whether it will be extended after his walkout from Guangzhou is anybody’s guess.”Nobody has talked to me about it. I have certain ambitions. If the sports ministry agrees to my suggestions and the terms of contracts are favourable, I can stay back. “I get several phone calls daily asking me to not to leave. Otherwise, I have no reason to stay. I have offers from elsewhere.”The huge team of officials that goes to major sporting events also drew a sarcastic response from Chertkov.”It looks like a tourist group. Most of them know nothing about sports but still dictate what athletes and coaches should do. The whole system is outdated and needs to be changed. But I am a foreigner and can only provide my observations.”When contacted, GFI general secretary Kan Singh Rathore said they were waiting for an official report. “We came to know that he has come back. But we need the report from team manager Satpal Kaur before deciding on a course of action. It should arrive in one or two days,” Rathore told Mail Today from Jodhpur.last_img read more

HC upholds stay on Royals’ termination

first_imgThe Bombay High Court on Tuesday upheld the independent arbitrator’s order granting a stay to the Rajasthan Royals’ termination from the Indian Premier League (IPL).But the court sought an affidavit – as asked for by the BCCI – from the team-owners that they are in control of the team’s affairs.The Royals were also asked to provide a bank guarantee of Rs 18 million and a security guarantee of Rs 2.83 million.Earlier, the court-appointed independent arbitrator had stayed the termination of Royals’ IPL contract, but the BCCI had opposed the move.last_img read more