Tendulkar turns 42. Wish the batting legend!
Sachin Tendulkar turns 42 today.India's batting legend may have retired from the game just over 16 months ago (at the conclusion of the 2013 India-West Indies Test series) but cricket continues to be his passion.The highest run-getter in international cricket is still active in the game, playing mentor to Indian Premier League franchise Mumbai Indians. Post-retirement, he also showed interest in Indian football and bought a stake in Indian Super League franchise Kerala Blasters.Tendulkar, whose autobiography Playing It My Way was released to tremendous response last November, was the Brand Ambassador of the recently-held ICC World Cup in the Antipodes in February-March.On Thursday, the 'Master Blaster', who was nominated to the Rajya Sabha in April 2012, made a rare appearance in Parliament.He will be in Mumbai on Friday to celebrate his birthday, a day before Mumbai Indians' next home game against Sunrisers Hyderabad at the Wankhede Stadium.
New realty project launches down 50% in Jan-Mar
Even as the realty industry has talked of revival in market sentiment, the number of project launches witnessed almost 50 per cent decline during the January-March compared to the same period last year, says a report.The first quarter of 2015 saw the lowest number of project launches over a period of two years, according to a recent report by property consultant Cushman & Wakefield Nearly 24,700 units were launched during the period as against 55,500, registering a 50 per cent decline compared to January-March quarter of 2014 mainly due to lower returns on sales."The decline in new launches have come on the back of less-than-expected sales in the residential sector, due to which developers are holding back on new launches and instead focusing on completing their existing projects and ensure timely exit for themselves as well as their investors," C&W Executive Director (transaction services, residential) Shveta Jain said.She said the cost of creating new projects has been on a steady increase as input costs including those towards statutory approvals from state government, cost of land, among others, have been sing.Apart from this, since many cities are planning to roll out new development plan, developers are refraining from launching new projects until the new regulations come into effect, Jain said.Among new unit launches during the period, only the high-end segment registered a year-on-year growth of 26 per cent to 7,700 units, while all other segments have seen considerable decline, affordable housing segment units reduced significantly by over 80 per cent.Developers are inclined towards the high-end segment where profit margins are typically higher, as builders look to offset increasing land and development costs.
New launches in the affordable segment dropped by nearly 80 per cent to 1,700 units compared to 8,600 during the corresponding period last year.In the mid-income segment, 15,200 units were launched compared to 40,600 while 100 units were launched in the luxury space against 200 during January-March of 2014."Many developers are taking time to restructure their debts and financial liabilities by ensuring that expensive debts are replaced with cheaper debt and attract private equity capital wherever there is a possibility," Jain said."Therefore, there is concentrated effort towards keeping debt exposure low by lowering the number of launches, except in high demand location where sale activities are high and fast paced," she added.Hyderabad saw a massive surge in high-end segment launches that rose to 3,300 units, while Bengaluru witnessed a year-on -year decline of 76 per cent in unit launches with nearly 4,100 units launched during the first quarter of 2015.There has also been a reduction in the average number of units launched per project which has declined from 287 units in the first quarter of 2014 to 233 units per project.The average number of units per project was highest (669) in Hyderabad, followed by 567 in Mumbai.In other three cities, namely, Delhi-NCR, Kolkata and Pune, comparatively smaller projects with lesser number of units were launched during the period"The number of units launched per project further decreased in this quarter, as developers launched smaller projects entailing comparatively lower investments and hoped to garner faster sales,” she added.
'Bangladesh series loss is a low point in Pakistan cricket history'
Former skipper Imran Khan has joined the chorus of angry fans and ex-cricketers over the national team's ODI whitewash in Bangladesh, terming the 0-3 loss as a "low point in Pakistan cricket history".
Imran, speaking on a local television channel, said a culture of nepotism, favouritism and bypassing of merit had resulted in Pakistan cricket hitting a new low."What do we expect from a weak cricket structure where we have a mismanaged domestic structure. This series loss is a low point in our cricket history," he said. The whitewash in Bangladesh has seen Pakistan slip to eight position in the International Cricket Council rankings just above Bangladesh and Zimbabwe.The 62-year-old, who led Pakistan to their only World Cup triumph in 1992, said the problems in Pakistan cricket had to be addressed at the management level first."Pakistan cricket will not improve as long as there are people in the cricket board who have come through nepotism and without any merit. Sadly the people in our cricket board don't have any knowledge of cricket," he said."We have so much talent but a poor and weak cricket system does not allow this talent to be realised."
Imran feels Pakistan has a lot of talent cricketers. "Other greats have identified Pakistan as having the best talents, so where are we going wrong?," Imran asked. He said the domestic cricket needed to be overhauled so that talent is identified at an early stage and groomed properly. Pointing figure at a weak domestic system, Imran said Pakistan's best batsman at present, Misbah-ul-Haq only established himself in the national team at the age of 34 while Saeed Ajmal also came in late. Imran said it was time Pakistan adopted the blueprint being followed in Australian cricket and lift the quality of its domestic cricket competition. "Australia has won the World Cup the most times by any country and since I have played in their domestic competition I know it is because they have the best and most competitive domestic structure. "It's due to sub-standard teams in the domestic cricket that the talent in Pakistan does not get polished," he insisted.
Kareena Kapoor Khan Sports Desi Avatar In Qatar
Kareena Kapoor Khan stole all the thunder looking gorgeous as ever dressed in Indian outfit in Qatar. The actress was in Qatar to promote a leading jewellery brand. Kareena happens to be the brand ambassador of this jewellery brand and flew to Qatar to attend the launch of new showroom in Doha.Dressed in crimson Rohit Bal traditional creation, Kareena totally rocked the desi avatar at the event. All eyes were on Kareena as the beautiful actress stepped on the stage and charmed the audiences with her personality.On work front, we will get to see Kareena in director Krish‘s upcoming film Gabbar Is Back which stars Akshay Kumar and Shruti Haasan. Kareena makes a special appearance in the film. Apart from this, she also has a special appearance in Bollywood filmmaker Karan Malhotra‘s upcoming much anticipated film Brothers. The film features Akshay Kumar and Sidharth Malhotra. But most importantly, Kareena‘s fans are extremely waiting to see Kareena in Kabir Khan‘s Salman Khan starrer film Bajrangi Bhaijaan. The actress will soon head to Kashmir to shoot film’s final leg.
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