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Mumbai

India’s forex reserves rise by $ 262.4 million to new high of $ 352.131 billion

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India’s foreign exchange reserves rose by $ 262.4 million to a new high of $ 352.131 billion in the week ended May 8, the Reserve Bank of India (RBI) said here today.
 
The country’s forex reserves had soared by a massive $ 7263 billion to $ 351.868 billion in the previous week.
 
In its weekly statistical supplement, the central bank said that foreign currency assets, which constitute a major chunk of the forex reserves, had gone up by $ 262.7 million to $ 327.425  billion during the week.
 
Foreign currency assets expressed in US dollar terms include the effect  of  appreciation or depreciation of non-US currencies such as the euro, pound and yen held in the reserves.
 
According to the bulletin, the country’s gold reserves remained unchanged at $ 19.335 billion, while its special drawing rights (SDR) decreased by 0.2 million to $ 4.063 billion.
 
India's reserve position in the Indian Monetary Fund (IMF) decreased by 0.1 million to $ 1.317 billion, the bulletin added.
 
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Payment companies from 17 countries to gather in Mumbai

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National Payments Corporation of India (NPCI), the umbrella organization for retail payments systems in the country, has organised an international conference here on May 21-22.
 
The conference will bring together leaders of national-level retail payment systems from 17 countries who will share their best practices during the two-day event.
 
Participants in the conference will include UnionPay International (China), Discover Financial Services (USA), Japan Credit Bureau (Japan), Vocalink (UK), Interac Association (Canada), EFTPOS Payments (Australia), Malaysian Electronic Payment System (Malaysia), Interswitch (Nigeria) and LankaClear (Sri Lanka).
 
NPCI now processes 18 million inter-bank transactions each day and has created a vision "to touch every Indian with one or other electronic payment products by 2020".
 
NPCI MD & CEO A P Hota said the conference would help it learn from the best practices in other countries to move from a largely cash economy to a cashless economy.
 
Set up in 2009 as the central infrastructure for various retail payment systems in India, NPCI was envisaged by the Reserve Bank of India (RBI) as the payment utility for all banks in the country.
 
During the last five years, the organization has grown multi-fold from 2 million transactions a day to 18 million transactions now.  From a single service of switching of inter-bank ATM transactions, the range of services has grown to Cheque Clearing, Immediate Payments Service money transfer (24x7), Automated Clearing House, Electronic Benefit Transfer and a domestic card payment network named ‘RuPay’ to provide an alternative to international card schemes.
 
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Mumbai Indians back in top four with five-run win over KKR

 
Hardik Pandya and Kieron Pollard shone as Mumbai Indians (MI) fought their way back into the top four with a five-run win over defending champions Kolkata Knight Riders (KKR) in the Indian Premier League (IPL) at the Wankhede Stadium here tonight.
 
Put in to bat first, the hosts posted a challenging 171 for four from their 20 overs, riding on a superb unbeaten 61 by Hardik Pandya -- his first IPL half-century -- and a patient 33 not out by Kieron Pollard.
 
Skipper Rohit Sharma made 30 and opener Parthiv Patel contributed 21 to the MI tally.
 
Chasing 172 for a win, KKR ended up a little short at 166 for seven from their quota of overs, after Yusuf Pathan brought them pretty close with a briliant 52. Earlier, skipper Gautam Gambhir (38) and Robin Uthappa (25) had given them a solid start, putting on 45 for the first wicket but, except Shakib Al Hasan (23), the other batsmen could not build on that foundation today.
 
KKR are now in the second place with 15 points from seven wins, five losses and one no-result in their 13 matches so far, with one more league match to go.
 
Mumbai Indians are back in the fourth spot in the eight-team league with seven wins and six losses from 13 matches. They, too, have one league outing left.
 
Chennai Super Kings (CSK) are currently at the top of the table, with 16 points and one match to go. Sunrisers Hyderabad are in the third place, with 14 points from 12 outings so far and two more matches to go.
 
Mumbai Indians began on a shaky note today, losing Patel at 29 in the fifth over and the other opener Lendl Simmons (14) in the next over at 42. Ambati Rayudu (2) did not stay very long and left at 47 before Sharma and Pollard steadied the innings with a 32-run partnership for the fourth wicket. Sharma hit five hours in his 21-ball essay.
 
Sharma's departure at 79 brought Pandya and Pollard together and they steered the home team to 171, adding 92 in their unbroken partnership for the fifth wicket off 50 deliveries. They put on 72 in the last five overs
 
Pandya faced 31 balls and hit eight fours and two sixes in his 61 while Pollard had one four and one six in his 33 that came off 38 balls.
 
Shakib Al Hasan took two for 22, while Morne Morel and Sunil Narine picked up one each.
 
Gambhir and Uthapa were all confidence as they began the chase. Gambhir hit five fours in his 38, while Uthappa slammed three fours and a six in his 25.
 
Uthappa left at 45 and Manish Pandey (1) was run out two balls later to make it 46 for two in the sixth over. Gambhir and Pathan added 42 for the third wicket before the former left at 88 in the 11th over.
 
Pathan then found an able ally in Shakib as the two added 30 for the fourth wicket. However, he later ran out of partners as Andre Russell (2) and Suryakumar Yadav (11) did not stay very long.
 
At the end of 17 overs, KKR were 144 for five, needed 28 runs from the remaining 18 balls. Yadav fell off the first ball of the 18th over, hitting Mitchell McClenaghan straight to Rayudu at deep mid-wicket. That over produced seven runs, including a four by Pathan over short third man.
 
KKR needed 21 from 12 balls now. A fumble by wicket-keeper allowed Piyush Chawla to go for a quick bye, bringing Pathan back on strike. Pathan slammed the next one from Lasith Malinga for a six over the mid-wicket fence, the target seemed within their reach. In all, that over yielded nine runs.
 
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Pollard, who had held the MI innings together with his patient knock, came on to bowl for the first time in the innings and claimed Pathan with his first delivery, caught behind by Patel when he top-edged an attempted pull. Pathan's 52 was made off 37 balls with the help of five fours and two sixes.
 
Umesh Yadav struck the medium-pacer's next ball for four to short fine leg and then ran a single, which left KKR with seven to get from three. The fourth ball was a wide. The next two were dot balls. Six were required from the last ball, a slower one, and Chawla stepped out to it and swung wildly, but could not connect.
 
Scoreboard
Mumbai Indians (20 overs maximum)
LMP Simmons c Pandey b Morkel 14
PA Patel c Pandey b Shakib Al Hasan 21
RG Sharma b Narine 30
AT Rayudu c Russell b Shakib Al Hasan 2
KA Pollard not out 33
HH Pandya not out 61
Extras (lb 1, w 6, nb 3) 10
Total (4 wickets; 20 overs) 171
Did not bat: Harbhajan Singh, J Suchith, MJ McClenaghan, R Vinay Kumar, SL Malinga
Fall of wickets: 1-29 (Patel, 4.2 ov), 2-42 (Simmons, 5.4 ov), 3-47 (Rayudu, 6.3 ov), 4-79 (Sharma, 11.4 ov)
Bowling
UT Yadav 3 0 37 0
M Morkel 4 0 27 1
Shakib Al Hasan 4 0 22 2
PP Chawla 1 0 9 0
SP Narine 4 0 38 1
AD Russell 4 0 37 0
 
Kolkata Knight Riders (target: 172 runs from 20 overs)
RV Uthappa c Malinga b Harbhajan Singh 25
G Gambhir b Suchith 38
MK Pandey run out (Simmons) 1
YK Pathan c Patel b Pollard 52
Shakib Al Hasan c Pandya b Vinay Kumar 23
AD Russell c Patel b Malinga 2
SA Yadav c Rayudu b McClenaghan 11
PP Chawla not out 1
UT Yadav not out 5
Extras (b 1, w 7) 8
Total (7 wickets; 20 overs) 166
Did not bat: M Morkel, SP Narine
Fall of wickets: 1-45 (Uthappa, 5.3 ov), 2-46 (Pandey, 5.5 ov), 3-88 (Gambhir, 10.6 ov), 4-118 (Shakib Al Hasan, 14.2 ov), 5-128 (Russell, 15.5 ov), 6-144 (SA Yadav, 17.1 ov), 7-160 (Pathan, 19.1 ov)
Bowling
SL Malinga 4 0 31 1
MJ McClenaghan 4 0 31 1
R Vinay Kumar 4 0 33 1
Harbhajan Singh 4 0 31 1
J Suchith 2 0 23 1
HH Pandya 1 0 10 0
KA Pollard 1 0 6 1
 
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RJIL raises $ 750 million, 12-year loan backed by K-sure

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Reliance Jio Infocomm Limited (RJIL), a subsidiary of Reliance Industries Limited (RIL) today said it had signed a $ 750 million loan backed by Korea Trade Insurance Corporation (K-sure) on May 7.
 
The loan is guaranteed by RIL and will be primarily used to finance goods and services procured from Samsung Electronics and Ace Technologies Corp., which are being sourced for the infrastructure rollout of RJIL, a press release from the company said.
 
This is the first facility by K-sure with RJIL. "However, it is the second facility by K-sure with the Reliance Group and is a testament to the strengthening relationship between the two entities," it said.
 
This is the second round of financing for RJIL from Korean ECAs and the third overall between the group and Korean ECAs in three years highlighting the growing business with Korean organisations.
 
The loan is also K-sure’s largest deal in India. It has a door to door tenor of 12 years including a 2-year availability period and 10-year repayment period thereafter.
 
The facility is funded by nine relationship banks of Reliance including The Hongkong and Shanghai Banking Corporation Limited, Australia and New Zealand Banking Group Limited, Banco Santander, S.A., The Bank of Tokyo-Mitsubishi UFJ, Ltd., JPMorgan Chase Bank, N.A., Mizuho Bank, Ltd, and Sumitomo Mitsui Banking Corporation, ING Bank and DZ Bank AG.
 
RJIL is the first telecom operator to hold a pan-India unified licence which authorises it to provide all telecommunication services except Global Mobile Personal Communication by Satellite Service.
 
In addition to the pan-India 2300MHz spectrum, RJIL has spectrum in either 800MHz or 1800MHz or both in 20 out of the telecom 22 circles in the country. RJIL plans to provide seamless 4G services using LTE in 800MHz, 1800MHz and 2300MHz bands through an integrated ecosystem.
 
RJIL is setting up a pan India telecom network to provide to the highly underserviced India market, reliable (4th generation) high speed internet connectivity, rich communication services and various digital services in key domains such as education, healthcare, security, financial services, government-citizen interfaces and entertainment. RJIL aims to provide anytime, anywhere access to innovative and empowering digital content, applications and services, thereby propelling India into global leadership in digital economy
 
RJIL has made significant progress in building its LTE business, including physical network infrastructure, systems and processes, sales and distribution network, applications and services, content and so on. It is working with strategic partners who have committed significant resources, knowhow and global talent to support deployment and testing activities currently underway.
 
From less than 700 professionals a year back, the RJIL Jio team has grown rapidly to a national footprint of over 10,000 professionals today, the release added.
 
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de Villiers, Kohli power RCB to 39-run win over Mumbai Indians

 
A B de Villiers slammed an unbeaten 133 and skipper Virat Kohli made 82 not out as Royal Challengers Bangalore (RCB) inflicted a 39-run defeat on Mumbai Indians at the Wankhede Stadium here this evening.
 
Opting to bat first, RCB piled up an imposing 235 for one from their 20 overs, riding on unbroken second-wicket partnership of  215 between Kohli and de Villiers.
 
In response, Mumbai Indians made 196 for seven in their allotted overs, impressive by itself but way behind what was needed today.
 
RCB suffered an early setback when their star batsman Chris Gayle (13) was dismissed in the fourth over, with just 20 on the board.
 
But that brought de Villiers onto the scene and the hosts never got a look-in after that as he and Kohli went about systematically demolishing the bowling, hitting the ball at will to all parts of the ground.
 
de Villiers made his 133 off just 59 balls with the help of 19 fours and four sixes, while Kohli's 82 came off 50 balls and was studded with six fours and four sixes.
 
For the record, Lasith Malinga claimed the lone RCB wicket to fall today with figures of one for 27 from his four overs.
 
de Villiers ruined the figures of most of the other bowlers, hitting 52 off Jaspreet Bumrah, 51 off Hardik Pandya's three overs, 40 off Mitchell John McClenaghan and 35 off Jagdeesha Suchith's three overs. Harbhajan Singh conceded 30 in the two overs that he bowled.
 
Chasing the dauting target of 236 for a win, Mumbai Indians began on a tentative note, with Parthiv Patel (19) and Lendl Simmons (68 not out) putting on 29 in four overs before the former left. Simmons and skipper Rohit Sharma (15) added 34 for the second wicket.
 
The innings acquired some stability when Simmons and Kieron Plollard (49) added 70 for the third wicket. Pollard struck six fours and two sixes in his 24-ball knock before he fell in the 15th over. At that stage, Mumbai Indians still needed 103 runs from 5.4 overs.
 
The batsmen who followed -- Pandya (8), Ambati Rayudu (14), Harbhajan Singh (3) and Suchith (4) -- proved unequal to the task and trekked back to the pavilion in a steady procession. McClenaghan remained unbeaten with 12.
 
Simmons, who ran out of partners, compiled his heroic 68 off 53 balls with the help of five fours and three sixes.
 
Harshal Patel and Yuzvendra Chahal picked up two wickets each while Mitchell Starc and Sreenath Aravind got one each.
 
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RCB's 235 was the highest score in this season of IPL and de Villiers' 133 was the highest individual score of this edition of the tournament.
 
With today's win, RCB are back in the top four, taking fourth place with six wins, four losses and one no-result from their 11 matches so far. Mumbai Indians have been pushed down to the sixth spot in the eight-team league, with six wins and six losses from their 12 outings thus far.
 
Scoreboard
Royal Challengers Bangalore (20 overs maximum)
CH Gayle c Simmons b Malinga 13
V Kohli not out           82
AB de Villiers not out         133
Extras (w 6, nb 1)        7
Total (1 wicket; 20 overs) 235
Did not bat: KD Karthik, SN Khan, Mandeep Singh, D Wiese, MA Starc, HV Patel, YS Chahal, S Aravind
Fall of wickets: 1-20 (Gayle, 3.1 ov)
Bowling
MJ McClenaghan 4 0 40 0
SL Malinga 4 1 27 1 6.75
JJ Bumrah 4 0 52 0
J Suchith 3 0 35 0
Harbhajan Singh 2 0 30 0
HH Pandya 3 0 51 0
 
Mumbai Indians (target: 236 runs from 20 overs)
PA Patel run out (Kohli/Karthik) 19
LMP Simmons not out         68
RG Sharma c Mandeep Singh b Patel 15
KA Pollard c Starc b Aravind 49
HH Pandya st Karthik b Chahal          8
AT Rayudu c de Villiers b Patel 14
Harbhajan Singh c Kohli b Starc 3
J Suchith c Karthik b Chahal 4
MJ McClenaghan not out 12
Extras (lb 1, w 3) 4
Total (7 wickets; 20 overs) 196
Did not bat: SL Malinga, JJ Bumrah
Fall of wickets: 1-29 (Patel, 3.6 ov), 2-63 (Sharma, 8.1 ov), 3-133 (Pollard, 14.2 ov), 4-143 (Pandya, 15.4 ov), 5-174 (Rayudu, 17.3 ov), 6-178 (Harbhajan Singh, 18.2 ov), 7-184 (Suchith, 19.2 ov)
Bowling
MA Starc 4 0 41 1
S Aravind 4 0 29 1
D Wiese 4 0 38 0
HV Patel 4 0 36 2
YS Chahal 4 0 51 2
 
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Veteran actor Shashi Kapoor receives Dadasaheb Phalke Award

 
Shashi Kapoor honoured with Dadasaheb Phalke Award
 
 
Veteran actor and filmmaker Shashi Kapoor was conferred the prestigous Dadasaheb Phalke Award -- the top honour in Indian cinema -- for his outstanding contribution to the growth and development of the film industry at a special function at Prithvi Theatre here today.
 
Kapoor, 77, who is wheel-chair bound, could not travel to Delhi to receive the award from President Pranab Mukherjee at the National Film Awards there on May 3 and, therefore, Union Finance Minister Arun Jaitley, who also holds the portfolio of Information & Broadcasting, travelled to Mumbai to present it to him.
 
The event was attended by the top names of the film industry as well as members of the Kapoor family such as Randhir Kapoor, Rishi Kapoor, Ranbir Kapoor, Karisma Kapoor, Saif Ali Khan (who is the husband of Kareena Kapoor) and Neetu Singh, all well-known actors in their own right, and Shashi Kapoor's children Sanjana Kapoor and Kunal Kapoor.
 
Others present included actors Amitabh Bachchan, Abhishek Bachchan, Waheeda Rehman, Asha Parekh, Rekha, Zeenat Aman, Nafisa Ali and Raj Babbar, singer Asha Bhosale and filmmaker Shyam Benegal.
 
Kapoor is the 46th winner of the award, which is conferred annually by the Government of India on the basis of the recommendations of a committee of eminent persons. This year's award was decided unanimously by a five-member jury consisting of eminent film personalities. 
 
The award consists of a Swarn Kamal (Golden Lotus), a cash prize of Rs. 10 lakhs and a shawl. 
 
Born in 1938, Kapoor is a well-known actor and producer from the famous Kapoor family, generally regarded as the top dynasty in Hindi filmdom. He is the youngest son of the late Prithviraj Kapoor and the brother of late Raj Kapoor and late Shammi Kapoor, all renowned actors.
 
He is the third member of the family to get the honour after Prithviraj Kapoor in 1971 and Raj Kapoor in 1987.
 
The award was instituted by the Government to commemorate the contribution to the industry by Dadasaheb Phalke, generally regarded as the father of Indian cinema and the maker of India's first full-length feature film, Raja Harishchandra in 1913.
 
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The award was first presented in 1969, with the first recipient being actress Devika Rani.
 
Apart from Raj Kapoor and Shashi Kapoor, other siblings who have won the award are Bommireddy Narasimha Reddy (1974) and Bommireddy Nagi Reddy (1986); singers Lata Mangeshkar (1989) and Asha Bhosle (2000); and Baldev Raj Chopra (1998) and Yash Chopra (2001).
 
Kapoor started acting at the age of four in plays directed by his father, while travelling with Prithvi Theatres. He began acting in films as a child artiste in the late 1940s, including in Aag (1948) and Awaara (1951), in which he played the younger Raj Kapoor. He also worked as an assistant director in the 1950s.
 
Kapoor made his debut as a leading man in the 1961 film Dharmputra and went on to appear in more than 100 Hindi films. He was a very popular actor in Bollywood during the 1960s, '70s and until the mid-'80s. 
 
He had the distinction of being one of the first Indian actors to go international, having starred in many British and American films, notably Merchant Ivory Proudctions run by Ismail Merchant and James Ivory, such as The Householder (1963), Shakespearewallah (1965), Bombay Talkie (1970) and Heat and Dust (1982). He also starred in other British and American films such as Siddhartha (1972) and Muhafiz (1994). 
 
In 1978, Kapoor set up his production house Filmvalas which produced critically acclaimed films such as Junoon (1978), Kalyug (1981), 36 Chowringhee Lane (1981), Vijeta (1982) and Utsav (1984). He also produced and directed a fantasy film titled Ajooba which had Amitabh Bachchan and Rishi Kapoor in the lead roles. 
 
In 2011, Kapoor was honoured with the Padma Bhushan Award by the Government of India. He is also a recipient of three National Film Awards. 
 
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Two fire officers dead, eight people injured in Mumbai fire

 
Two fire officers killed in Mumbai fire
 
 
Two officers of the Mumbai Fire Brigade died and eight persons, including a Chief Fire Officer and his deputy, suffered burn injuries when a four-storyed building at Kalbadevi in South Mumbai caught fire and collapsed four hours later on Saturday evening.
 
The two officers were extricated from the debris and rushed to the GT Hospital where they were declared dead.
 
They were identified as S W Rane, station offier at the Indira Dock fire station and M M Desai, deputy fire officer at the Gowalia Tank fire station.
 
The fire broke out in the building, Gokul Nivas, located in a narrow, congested lane, around 4.15  pm and raged on for several hours due to the wood used in its construction as well as the fact that garments and chemicals were stored in many of the commercial establishments in it.
 
The structure, which was more than a hundred years old and was undergoing repairs, collapsed about four hours after the blaze started.
 
The fire brigade operations were constrained by the narrow lanes leading up to the building.
 
Fire Brigade sources said Chief Fire Officer Sunil Nesarikar had sufferd 49 percent burns and Deputy Chief Fire Officer Sudhir Amin 80 percent burns. They are undergoing treatment at the Airoli National Burns Institute.
 
The two officers who died and those who suffered injuries were inside the building when it collapsed.
 
Two families lived on the top floors of the building. One of the families was out of the city, while the other family of five managed to rush out as soon as the fire was noticed.
 
Late in the evening, personnel of the National Disaster Response Force (NDRF) also reached the spot.
 
The cause of the fire could not be immediately ascertained.
 
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Rayudu, Pandya steer Mumbai Indians to six-wicket win over CSK

 
Ambati Rayudu and Hardik Pandya came up with belligerent knocks to help Mumbai Indians (MI) outplay Chennai Super Kings (CSK) by six wickets and score their fifth straight win in the Indian Premier League (IPL) at the M Chinnaswamy Stadium here tonight.
 
Opting to bat first, CSK found themselves restricted to 158 for five in their 20 overs, skipper Mahendra Singh Dhoni being their topscorer with an unbeaten 39. All their top batsmen got among the runs today, but only Pawan Negi (36) was the only other player who was able to cross into the 30s.
 
Chasing 159 for a win, MI got off to a strong start with openers Lendl Simmons (38) and Parthiv Patel (45) putting on 84 for the opening wicket in 10.1 overs. 
 
But CSK came back into the game, dismissing both the openers as well as Kieron Pollard (1) in the space of two overs to reduce the visitors to 86 for three at the end of 12 overs. 
 
Skipper Rohit Sharma (18) and Rayudu helped to stabilise the innings, adding 39 for the fourth wicket before the former well off the first ball of the 18th over.
 
At that stage, MI still needed 34 runs, but Rayudu (34 not out) and Pandya (21 not out) let loose a flurry of strokes as their side reached 159 for four with four balls to spare. 
 
Only four runs came off the 18th over, and MI needed 30 from the last two overs.
 
Pandya hit Negi for three sixes and Rayudu one as they made 25 runs from the 19th over and more or less settled the issue. In the last over, after the batsmen ran a single, Rayudu smashed Dwayne Bravo for a four and they were through. 
 
Mumbai Indians scored 63 in the last five overs, losing one wicket. In a match that saw several ups and downs and proved to be a virtual roller coaster ride, it was the visitors who managed to keep their nerves.
 
Rayudu's 34 not out came off 19 balls and included a four and three sies, while Pandya made his unbeaten 21 off just 8 balls with the help of three mighty sixes.
 
Earlier, CSK had got off to a good start with Dwayne Smith (27) and Brendon McCullum putting on 44 for the first wicket in 4.5 overs.
 
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Before soon, they were, however, struggling at 65 for three. Faf du Plessis (17) and Dhoni added 39 for the fourth wicket before the skipper and Negi came together in a 54-run patnership for the fifth wicket to take their side to a respectable score.
 
CSK, however, continue to be at the top of the table with seven wins and four losses from their 11 matches so far.
 
MI, who started out in the tournament with a series of losses, have got back into the top four and are placed fourth in the eight-team league now with six wins and five losses from 11 outings.
 
Rajasthan Royals and defending champions Kolkata Knight Riders are in the third and fourth places.
 
Scoreboard
Chennai Super Kings (20 overs maximum)
DR Smith c Pandya b Harbhajan Singh 27
BB McCullum c Pandya b Vinay Kumar 23
SK Raina c Pandya b Suchith 10
F du Plessis c Simmons b McClenaghan 17
MS Dhoni not out 39
P Negi run out (Patel) 36
Extras (w 6) 6
Total (5 wickets; 20 overs) 158
Did not bat: RA Jadeja, DJ Bravo, R Ashwin, MM Sharma, A Nehra
Fall of wickets: 1-44 (McCullum, 4.5 ov), 2-64 (Raina, 8.4 ov), 3-65 (Smith, 9.1 ov), 4-104 (du Plessis, 15.2 ov), 5-158 (Negi, 19.6 ov)
Bowling
MJ McClenaghan 4 0 34 1
M de Lange 4 1 30 0
J Suchith 4 0 21 1
R Vinay Kumar 3 0 33 1
Harbhajan Singh 4 0 36 1
HH Pandya 1 0 4 0
 
Mumbai Indians (target: 159 runs from 20 overs)
LMP Simmons c Smith b Ashwin 38
PA Patel c du Plessis b Ashwin 45
RG Sharma c Raina b Bravo 18
KA Pollard run out (Bravo) 1
AT Rayudu not out  34
HH Pandya not out  21
Extras (b 1, w 1) 2
Total (4 wickets; 19.2 overs) 159
Did not bat:Harbhajan Singh, J Suchith, R Vinay Kumar, MJ McClenaghan, M de Lange
Fall of wickets: 1-84 (Patel, 10.1 ov), 2-85 (Simmons, 10.4 ov), 3-86 (Pollard, 11.6 ov), 4-125 (Sharma, 17.1 ov)
Bowling
R Ashwin 4 0 17 2
MM Sharma 2 0 19 0
A Nehra 3 0 45 0
RA Jadeja 4 0 27 0
P Negi 4 0 34 0
DJ Bravo 2.2 0 16 1
 
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India’s forex reserves soar by $ 7.263 billion to record $ 351.868 billion

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India’s foreign exchange reserves soared by a massive $ 7.263 billion to a new high of $ 351.868 billion in the week ended May 1, the Reserve Bank of India (RBI) said here today.
 
The country’s forex reserves had increased by $ 1.404 billion to touch $ 344.605 billion in the previous week.
 
In its weekly statistical supplement, the central bank said that foreign currency assets, which constitute a major chunk of the forex reserves, had gone up by $ 6.889 billion to $ 327.153 billion during the week.
 
Foreign currency assets expressed in US dollar terms include the effect  of  appreciation or depreciation of non-US currencies such as the euro, pound and yen held in the reserves.
 
According to the bulletin, the country’s gold reserves went up by $ 297.7 million to  $ 19.335 billion, while its special drawing rights increased by $ 57.6 million to $ 4.063 billion.
 
India's reserve position in the Indian Monetary Fund (IMF)rose by $ 18.7 millin to $ 1.317 billion, the bulletin added.
 
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Bombay HC suspends Salman Khan's sentence, allows bail

The Bombay High Court on Friday suspended the five-year sentence given by a sessions court on Wednesday to popular Bollywood actor Salman Khan for causing the death of a pavement dweller in a 2002 hit-and-run case and allowed him to apply for bail pending the disposal of his appeal.

 
Salman Khan waves ro fans from his residence after getting bail
 
 
The Bombay High Court today suspended the five-year sentence given by a sessions court here on Wednesday to popular Bollywood actor Salman Khan for causing the death of a pavement dweller in a 2002 hit-and-run case and allowed him to apply for bail pending the disposal of his appeal.
 
The appeal is expected to be taken up for hearing in July after the court's summer vacation. In fact, today was the final working day of the high court before the vacation till June 8.
 
"He has been out on bail for a long time and his liberty was not curtailed. Normally, in such cases, the appeal is admitted and an accused is granted bail," Justice Abhay Thipsay said.
 
The judge also said the 49-year-old actor could apply for bail in the sessions court with a bond of Rs 30,000. Khan's passport will continue to be with the police, but he has the right to seek the High Court's permission to travel abroad.
 
Sessions Judge D W Deshpande had held in his verdict on Wednesday that Khan was guiltyof all the charges against him, including culpable homicide not amounting to murder.
 
Within hours of the judgement, Khan, who has been on bail for the past 12 years, approached the High Court, which extended his bail by two more days till today.
 
Khan's lawyers had sought bail on the ground that the detailed order of the sessions judge had not been made available to them.
 
The sessions judge accepted the prosecution's case that Khan, 49, was at the wheel at the time of the accident, rejecting the defence plea that it was his driver Ashok Singh who was actually driving the vehicle then.
 
The prosecution also said Khan was driving without a licence and that he was drunk at that time. They also accused him of fleeing from the scene. The actor, on the other hand, said he was not driving the car, that he was not drunk and that he had not run away from the spot.
 
After the High Court's order, Khan left his home in Bandra and went to meet his lawyers. He was due to reach the sessions court later in the day to complete the bail formalities.
 
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As on Wednesday, hundreds of his fans had gathered outside his home and the court to catch a glimpse of the actor. Many of them cheered loudly when they heard the news that he had got bail.
 
In his appeal against his conviction before the High Court, Khan has said that the verdict of the trial court must be overturned, questioning its findings.
 
He also pleaded against his conviction for culpable homicide not amounting to murder. He also applied for bail and stressed that he had never violated any of the bail conditions imposed on him earlier.
 
The case relates to the incident, nearly 13 years ago, on September 28, 2002 when the actor's Land Cruiser went out of control and ran over five persons sleeping on a pavement outside a bakery in the Bandra area of the city. One person died and the four others suffered injuries in the incident.
 
The prosecution produced eyewitnesses, those who were injured in the accident, employees of the bar where the actor had consumed drinks, doctors who examined his blood samples and forensic experts, among others, as witnesses.
 
In a surprising development, Khan's driver Ashok Singh turned up in court recently, after more than 12 years, and deposed that it was he who was driving the car on that day. He said the front left tyre of the car had burst, leading to the mishap.
 
Khan was charged with culpable homicide not amounting to murder, rash and negligent driving, causing hurt by act endangering life,  causing grievous hurt, causing damage to property, driving vehicle in contravention of rules and driving at great speed after consuming alcohol.
 
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Sunrisers edge past Rajasthan Royals by 7 runs in high-scoring affair

 
Eoin Morgan slammed 63 off 28 balls to help Sunrisers Hyderabad edge out Rajasthan Royals by seven runs in a high-scoring match in the Indian Premier League (IPL) at the Brabourne Stadium here this evening.
 
Asked to bat first, Sunrisers posted a challenging 201 for four in their allotted 20 overs, powered by Morgan's brilliant knock as well as a superb 54 by opener Shikhar Dhawan.
 
Chasing 202 for a win, the Royals came pretty close at 194 for seven, riding on opener Steve Smith's 68 and unbeaten 34 by Chris Morris, batting at number nine. James Faulkner made 30 and Sanju Samson contributed 21.
 
Rajasthan Royals, however, continued to be in the second spot on the table, with six wins, four losses and two no-results from their 12 outings so far.
 
Sunrisers are in the fifth spot in the eight-team league, with five wins and five losses from their ten matches thus far.
 
Sunrisers got off to a brisk start, with openers Dhawan and skipper David Warner (24) putting on 48 for the first wicket in 4.3 overs. After Warner's departure, Dhawan added 41 for the second wicket  wth Moises Henriques (20). 
 
Dhawan fell at 127 in the 15th over. His 54 came off 35 balls and included six fours and two sixes.
 
Morgan and Ravi Bopara (17 not out) added 53 for the fourth wicket to consolidate the innings further. Morgan's 63 came off just 28 balls and was studded with four fours and five sixes.
 
Shane Watson took two wickets for 36, while Faulkner and Pravin Tambe picked up one apiece.
 
The Royals got off to a dismal start, losing Ajinkya Rahane (8) off the last ba of the fist over, caught behind by Naman Ojha off Bhuvaneshwar Kumar after striking him for two fours. 
 
Watson (12), Karun Nair (4) and Deepak Hooda (8) did not stay very long as the Royals were struggling at 77 for four after 11 overs.
 
Smith and Faulkner (30) managed to shore up the innings by adding 44 for the fifth wicket before the former departed in the 15th over. Smith's 68 was made off 40 bals and included nine fours and two sixes.
 
Faulkner and Samson kept the scoreboard moving. The former left at 145 and Samson at 157, both in the 18th over.
 
Towards the end, Morris and Stuart Binny (3 not out) added 37 in an unfinished partnership for the eighth wicket, but they fell short as the overs ra out. Morris made his 34 off just 11 balls with the help of two fours and three sixes.
 
Bhuvaneshwar Kumar took three for 44, while Ishant Sharma, Karan Sharma, Henriques and Bopara got one each.
 
Scoreboard
  Sunrisers Hyderabad (20 overs maximum)
S Dhawan b Faulkner 54
DA Warner c Samson b Watson 24
MC Henriques b Tambe 20
EJG Morgan c Smith b Watson 63
RS Bopara not out 17
NV Ojha not out              8
Extras (lb 5, w 10) 15
  Total (4 wickets; 20 overs) 201
Did not bat: GH Vihari, KV Sharma, P Kumar, B Kumar, I Sharma
Fall of wickets: 1-48 (Warner, 4.3 ov), 2-89 (Henriques, 10.3 ov), 3-127 (Dhawan, 14.2 ov), 4-180 (Morgan, 17.4 ov)
  Bowling
  DJ Hooda 3 0 34 0
  CH Morris 4 0 38 0
  DS Kulkarni 2 0 19 0
SR Watson 3 0 36 2
JP Faulkner 4 0 37 1
PV Tambe 4 0 32 1
 
  Rajasthan Royals (target: 202 runs from 20 overs)
AM Rahane c Ojha b B Kumar 8
SR Watson c P Kumar b I Sharma 12
SPD Smith b Bopara 68
KK Nair c †Ojha b Henriques 4
DJ Hooda c B Kumar b KV Sharma 7
JP Faulkner c Bopara b B Kumar          30
SV Samson† b B Kumar 21
STR Binny not out          3
CH Morris not out   34
Extras (lb 6, w 1) 7
  Total (7 wickets; 20 overs) 194
Did not bat: DS Kulkarni, PV Tambe
Fall of wickets: 1-8 (Rahane, 0.6 ov), 2-30 (Watson, 3.6 ov), 3-45 (Nair, 7.3 ov), 4-77 (Hooda, 10.6 ov), 5-121 (Smith, 14.2 ov), 6-145 (Faulkner, 17.1 ov), 7-157 (Samson, 17.4 ov)
  Bowling
B Kumar 4 0 44 3
  P Kumar 4 0 40 0
I Sharma 3 0 25 1
KV Sharma 3 0 28 1
MC Henriques 3 0 29 1
RS Bopara 3 0 22 1
 
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Actor Salman Khan given five years in jail in 2002 hit-and-run case

Popular Bollywood actor Salman Khan was on Wednesday convicted and sentenced to five years in prison by a sessions court here for causing the death of a pavement dweller in a 2002 hit-and-run case in which he was accused of driving under the influence of liquor.

 
Salman Khan gets five years in jail in 2002 hit-and-run case
 
 
Popular Bollywood actor Salman Khan was today convicted and sentenced to five years in prison by a sessions court here for causing the death of a pavement dweller in a 2002 hit-and-run case in which he was accused of driving under the influence of liquor.
 
Sessions judge D W Deshpande held that all the charges against the actor, including culpable homicide not amounting to murder, had been proven.
 
With the quantum of sentence being more than three years, Khan will have to approach the High Court for bail and indications were that his lawyers had also begun the process.
 
Police said they would take Khan into their custody after he completes various formalities in court and then would be taken to a hospital for medical examination before being lodged, most probably, in the Arthur Road Jail here for the time being.
 
The judge accepted the prosecution's case that Khan, 49, was at the wheel at the time of the accident, rejecting the defence plea that it was his driver Ashok Singh who was actually driving the vehicle then.
 
Khan and members of his family present in the court room were visibly upset after hearing the verdict.
 
During the argument on the quantum of sentence, lawyers for the actor pleaded for a lesser term, citing his philanthropic work and the fact that he had paid Rs 19 lakh as compensation to the family of the victim. They also said he was prepared to pay more if ordered to do so. "We are not running away from responsibility," his counsel said.
 
The prosecution, on the other hand, argued for the maximum sentence of 10 years.
 
The case related to the incident, nearly 13 years ago, on September 28, 2002 when the actor's Land Cruiser went out of control and ran over five persons sleeping on a pavement outside a bakery in the Bandra area of the city. One person died and the four others suffered injuries in the incident.
 
The prosecution said Khan was driving the vehicle when the mishap occurred, that he was drunk at that time, and that he did not have a driving licence. They also accused him of fleeing from the scene. The actor, on the other hand, said he was not driving, that he was not drunk and that he had not run away from the spot.
 
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The prosecution produced eyewitnesses, those who were injured in the accident, employees of the bar where the actor had consumed drinks, doctors who examined his blood samples and forensic experts, among others, as witnesses.
 
In a surprising development, Khan's driver Ashok Singh turned up in court recently, after more than 12 years, and deposed that it was he who was driving the car on that day. He said the front left tyre of the car had burst, leading to the mishap
 
Large crowds of Khan's fans, mediapersons, lawyers and others had gathered outside the court at Kalaghoda to find out about the judgement.
 
The judge pronounced his guilty verdict within minutes after arriving in court and later prounced the quantum of sentence, about two hours later, at 1.10 pm.
 
Khan was charged with culpable homicide not amounting to murder, rash and negligent driving, causing hurt by act endangering life,  causing grievous hurt, causing damage to property, driving vehicle in contravention of rules and driving at great speed after consuming alcohol.
 
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Rayudu, Sharma take Mumbai Indians to top four with 5-wicket win over Daredevils

 
Ambati Rayudu slammed an unbeaten 49 and skipper Rohit Sharma came up with solid 46 to steer Mumbai Indians to a five-wicket win over Delhi Daredevils with three balls to spare in a rain-interrupted clash in the Indian Premier League at the Wankhede Stadium here tonight.
 
Opting to bat first, the visitors made 152 for six from their 20 overs, powered in the main by a superb 57 by Yuvraj Singh.
 
In response, Mumbai Indians made 154 for five in 19.3 overs to move to the fourth place on the table with five wins from their 10 outings so far after starting off the tournament with four straight losses.
 
Delhi Daredevils are now placed sixth in the eight-team league with four wins from their 10 matches thus far.
 
The Delhi Daredevils began the match on a false note, losing opener Mayank Agarwal to the very first ball when Lasith Malinga had him caught behind by Parthiv Patel.
 
Shreyas Iyer (19) and captain Jean Paul Duminy (28) steadied the innings with a 43-run partnership for the second wicket before the former left, becoming Harbhajan Singh's first victim.
 
In the next over, Duminy was caught and bowled by Jagadeesha Suchit to make it 50 for three. Duminy's 28 came off 19 balls and included three fours and two sixes.
 
Kedar Jadhav (16) and Yuvraj Singh added 28 for the fourth wicket and the latter then put on 24 for the fifth wicket in the company of Angelo Mathews.
 
Yuvraj later found some support from Saurabh Tiwary (13 not out) as they added 41 for the sixth wicket before he finally made his exit off the last ball of the 19th over. His 57 was compiled off 44 balls and included seven fours and two sixes.
 
For Mumbai Indians, Harbhajan took two wickets, conceding only 11 runs in his four overs, an effort which got him the Man of the Match award. Malinga also picked up two for 33.
 
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Chasing 153 for a win, Mumbai Indians waded into trouble straight away, losing opener Lendl Simmons off the first ball from Zaheer Khan and then Hardik Pandya (5) in the second over with just eight on the board.
 
Patel (13), the other opener and Sharma took the score to 29 before the former left in the fifth over. Harbhajan, sent in at number five, failed to get going and was bowled by Nathan Coulter-Nile after he had made just five in a total of 40.
 
That brought Sharma and Rayudu together and they added 60 for the fifth wicket before the skipper made his exit in the 16th over. His 46 was made off 37 balls and included two fours and three sixes.
 
The hosts still needed 53 off 28 balls, but Rayudu took control of the situation and with Kieron Pollard (26 not out) ensured that there were no further hiccups. They added 53 in their unfinished partnership for the sixth wicket.
 
Rayudu's 49 came off 40 deliveries and included four fours and a six, while Pollard's 26 was made off 14 balls with the help of three sixes.
 
Coulter-Nile picked up two wickets for 30 while Khan, Mathews and Amit Mishra got one apiece.
 
Scoreboard
Delhi Daredevils (20 overs maximum)
MA Agarwal c Patel b Malinga 0
SS Iyer c Vinay Kumar b Harbhajan Singh 19
JP Duminy c & b Suchith 28
KM Jadhav st Patel b Harbhajan Singh 16
Yuvraj Singh c Simmons b Malinga 57
AD Mathews c Suchith b Pandya 12
SS Tiwary not out 13
NM Coulter-Nile not out 3
Extras (b 1, lb 2, w 1) 4
Total (6 wickets; 20 overs) 152
Did not bat: A Mishra, Imran Tahir, Z Khan
Fall of wickets: 1-0 (Agarwal, 0.1 ov), 2-43 (Iyer, 5.1 ov), 3-50 (Duminy, 6.4 ov), 4-78 (Jadhav, 11.2 ov), 5-102 (Mathews, 15.4 ov), 6-143 (Yuvraj Singh, 18.6 ov)
Bowling
SL Malinga 4 0 33 2
MJ McClenaghan 4 0 37 0
R Vinay Kumar 3 0 31 0
Harbhajan Singh 4 1 11 2
J Suchith 3 0 24 1
HH Pandya 2 0 13 1
 
Mumbai Indians (target: 153 runs from 20 overs)
LMP Simmons lbw b Khan 0
PA Patel c Mishra b Mathews 13
HH Pandya c Imran Tahir b Coulter-Nile 5
RG Sharma b Mishra 46
Harbhajan Singh b Coulter-Nile 5
AT Rayudu not out 49
KA Pollard not out 26
Extras (lb 1, w 8) 9
Total (5 wickets; 19.3 overs) 153
Did not bat: J Suchith, R Vinay Kumar, MJ McClenaghan, SL Malinga
Fall of wickets: 1-1 (Simmons, 0.1 ov), 2-8 (Pandya, 1.5 ov), 3-29 (Patel, 4.2 ov), 4-40 (Harbhajan Singh, 5.2 ov), 5-100 (Sharma, 15.2 ov)
Bowling
Z Khan 4 0 32 1
NM Coulter-Nile 4 1 30 2
AD Mathews 4 0 33 1
Yuvraj Singh 1 0 5 0
A Mishra 4 0 25 1
Imran Tahir 2.3 0 27 0
 
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Rahane shines with unbeaten 91 as Royals beat Daredevils by 14 runs

 
Opener Ajinkya Rahane made a brilliant 91 off 54 balls to help Rajasthn Royals beat Delhi Daredevils  by 14 runs in the Indian Premier League (IPL) at the Brabourn Stadium here tonight.
 
The win meant that the Royals are back at the top of the league with six wins, three losses from 11 matches so far. More importantly, they returned to winning ways after a gap of five matches after starting out in this edition of the tournament with a series of wins.
 
Asked to bat first, the Royals, powered by Rahane's 91 and Karun Nair's 61, posted a challenging 182 for 2 from their 20 overs.
 
Chasing 190 for a win, Delhi's openers failed to give them a good start and, though skipper Jean Paul Duminy made a game effort with 56 and Saurabh Tewary struck an unbeaten 28, but the other batsmen could not help the team stay on course.
 
The Daredevils ended up with 175 for seven from their 20 overs and are now placed sixth in the eight-team league with four wins and five losses from their nine matches thus far.
 
Rahane and skipper Shane Watson (21) provided Rajasthan with a confident start, putting on 52 for the first wicket.
 
Rahane was then joined by Nair who proved to be in fine nick as he compiled 61 off 38 balls with the help of six fours and two sixes. Together, they added 113 for the second wicket to help the Royals reach 165 for two in the 19th over. Rahane's 91was made off 54 balls and contained nine well-timed fours and three sixes.
 
For Delhi, Angelo Mathews and Nathan Coulter-Nile shared the two wickets that fell today.
 
The Daredevils lost opener Mayank Agarwal (11) with the total at 20 in the third over and his partner Shreyas Iyer (9) two overs later at 32. 
 
Duminy and Yuvraj Singh (22) tried to repair the damage, adding 33 for the third wicket before the latter left. Duminy and Mathews (16) then added 41 for the fourth wicket. Mathews left at 106 in the 14th over and Kedar Jadhav (11) followed a little later at 123, even as the required run rate kept on increasing. At one stage, they needed 79 off the last six overs.
 
Duminy, who was running out of partners, made his exit in the 18th over, to make it 145 for six. His 56 was made off 39 balls and included three fours and three sixes. There was little that the other batsmen could do, though Tiwary did make an effort through his 14-ball 28 that included a four and two sixes.
 
For the Royals, Dhawal Kulkarni, Stuart Binny and James Faulkner picked up two wickets each.
 
Scoreboard
Rajasthan Royals (20 overs maximum)
AM Rahane not out 91
SR Watson c Jadhav b Mathews 21
KK Nair c Mishra b Coulter-Nile 61
JP Faulkner not out 8
Extras (b 2, lb 1, w 5) 8
Total (2 wickets; 20 overs) 189
Did not bat:SPD Smith, SV Samson†, STR Binny, DJ Hooda, TG Southee, DS Kulkarni, R Bhatia
Fall of wickets: 1-52 (Watson, 6.5 ov), 2-165 (Nair, 18.2 ov)
Bowling
Z Khan 4 0 31 0
GS Sandhu 4 0 49 0
NM Coulter-Nile 4 0 38 1
AD Mathews 4 0 27 1
A Mishra 4 0 41 0
 
Delhi Daredevils (target: 190 runs from 20 overs)
MA Agarwal b Binny 11
SS Iyer b Watson 9
JP Duminy c Kulkarni b Faulkner 56
Yuvraj Singh c Binny b Faulkner 22
AD Mathews c Samson b Binny 16
KM Jadhav† c Watson b Kulkarni 11
SS Tiwary not out 28
NM Coulter-Nile c Smith b Kulkarni 6
A Mishra not out 1
Extras (b 3, lb 1, w 11) 15
Total (7 wickets; 20 overs) 175
Did not bat:  Z. Khan, GS Sandhu
Fall of wickets: 1-20 (Agarwal, 2.3 ov), 2-32 (Iyer, 4.1 ov), 3-65 (Yuvraj Singh, 8.5 ov), 4-106 (Mathews, 13.3 ov), 5-123 (Jadhav, 15.3 ov), 6-145 (Duminy, 17.6 ov), 7-155 (Coulter-Nile, 18.3 ov)
Bowling
TG Southee 4 1 31 0
DS Kulkarni 4 0 43 2
STR Binny 2 0 27 2
SR Watson 4 1 25 1
JP Faulkner 4 0 22 2
R Bhatia 2 0 23 0
 
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Simmons, Patel steer Mumbai Indians to 23-run win over KXIP

 
Openers Lendl Simmons (71) and Parthiv Patel (59) put on 111 for the first wicket to help Mumbai Indians outclass Kings XI Punjab (KXIP) by 23 runs in the Indian Premier League (IPL) here this evening.
 
Opting to bat first, the visitors posted a challenging 172 for three from their 20 overs, though their later batsmen failed to take full advantage of the strong foundation laid by Simmons and  Patel.
 
In response, KXIP could make nly 149 for seven in their allotted 20 overs, despite a gallant 43 by David Miller and 39 by opener Murali Vijay.
 
For Mumbai Indians, this was their fourth victory in this season from nine matches so far and a third consecutive win, though they remain in the seventh spot in the eight-team league. But, like Sunrisers Hyderabad and Delhi Daredevils, they too have eight points at this stage and are only one point behind Royal Challengers Bangalore and defending champions Kolkata Knight Riders, who have nine points each are placed third and fourth. Chennai Super Kings and Rajasthan Royals, with 12 points each, are in the first and second places.
 
KXIP, with seven losses from nine outings thus far, are languishing at the bottom of the table.
 
The day belonged to Simmons, who made his 71 off 56 balls with the help of nine fours and a six, while Patel hit three sixes and five fours in his 36-ball knock.
 
Patel was the first to go in the 13th over, after which skipper Rohit Sharma (26) and Simmons, who was later chosen Man of the Match, took the total to 154. Simmons fell in the last over with the total at 166.
 
KXIP began their chase for 173 on a dismal note, losing opener Virender Sehwag (2) with just nine on the board in the second over. Glenn Maxwell 12)( and Vijay, who came into the team in place of the sick Manan Vohra, took the total to 38 before the former left.
 
That brought Vijay and Miller together and the two added 48 for the third wicket. Vijay left in the 12th over. His 39 included three fours and a six.
 
Miller and skipper George Bailey (21) added 33 for the fourth wicket befor Miller finally made his exit. His 43 came off 37 balls and was studded with three fours and a six.
 
When Miller departed at 119 in the 17th over, KXIP still needed 54 runs from the remaining 22 balls.
 
Bailey and Wridhiman Saha (12) added 21 for the fifth wicket before KXIP lost two wickets -- Bailey and Axar Patel (0) -- off successive balls in the 19th over. Saha fell off the last ball of the innings.
 
For Mumbai Indians, Lasith Malinga took two for 31, while J Suchith and Harbhajan Singh picked up one apiece.
 
Scoreboard
Mumbai Indians (20 overs maximum)
LMP Simmons c Patel b Anureet Singh 71
PA Patel† c Vijay b Karanveer Singh 59
RG Sharma* c Anureet Singh b Johnson 26
KA Pollard not out 7
AT Rayudu not out 4
Extras (lb 3, w 2) 5
Total (3 wickets; 20 overs) 172
Did not bat: UBT Chand, Harbhajan Singh, J Suchith, R Vinay Kumar, MJ McClenaghan, SL Malinga
Fall of wickets: 1-111 (Patel, 12.2 ov), 2-154 (Sharma, 17.6 ov), 3-166 (Simmons, 19.3 ov)
Bowling
Sandeep Sharma 3 0 24 0
Anureet Singh 4 0 30 1
MG Johnson 4 0 41 1
AR Patel 3 0 24 0
Karanveer Singh 4 0 30 1
M Vijay 1 0 12 0
GJ Maxwell 1 0 8 0
 
Kings XI Punjab (target: 173 runs from 20 overs)
M Vijay c Chand b Harbhajan Singh 39
V Sehwag c Pollard b Malinga 2
GJ Maxwell c Vinay Kumar b Suchith 12
DA Miller c Sharma b Malinga 43
GJ Bailey run out (Patel) 21
WP Saha run out (Suchith/Vinay Kumar) 12
AR Patel run out (Malinga) 0
MG Johnson not out 8
Extras (lb 9, w 3) 12
Total (7 wickets; 20 overs) 149
Did not bat: Anureet Singh, Sandeep Sharma, Karanveer Singh
Fall of wickets: 1-9 (Sehwag, 1.1 ov), 2-38 (Maxwell, 4.3 ov), 3-86 (Vijay, 11.5 ov), 4-119 (Miller, 16.2 ov), 5-140 (Bailey, 18.4 ov), 6-140 (Patel, 18.5 ov), 7-149 (Saha, 19.6 ov)
Bowling
MJ McClenaghan 4 0 25 0
SL Malinga 4 0 31 2
R Vinay Kumar 3 0 17 0
J Suchith 4 0 33 1
Harbhajan Singh 4 0 27 1
KA Pollard 1 0 7 0
 
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Mumbai cop shoots dead senior, then himself at Vakola police station

 
Mumbai cop shoots senior, commits suicide
A senior inspector of the Mumbai Police succumbed to injuries in a local hospital in the early hours of today after he was allegedly shot at by an assistant sub-inspector at the Vakola police station in Santa Cruz here yesterday evening.
 
Police Commissioner Rakesh Maria told reporters at the scene of the crime that the assistant sub-inspector (ASI), Dilip Shirke, was agitated over the fact that he had been marked absent from the point where had been posted on duty the previous night.
 
Mr Maria said Shirke's seniors had checked twice, at 0230 hours and 0630 hours, and found that he was not present at the point.
 
He was duly marked absent in the station diary by the night inspector, and this upset him. He took up the matter with senior police inspector  (PI) Vilas Joshi around 8.30 pm, as the officer was preparing to leave for home, and claimed that he had been on duty.
 
"When the senior PI was leaving the room, the ASI fired at him with his service revolver," Mr Maria said.
 
Mr Joshi was hit on his back and his wireless operator, Balasaheb Ahir, was injured in the thigh during the incident. The ASI then shot himself.
 
All three were rushed to the nearby Lilavati Hospital, where the ASI was declared dead on arrival. Mr Joshi succumbed to his injuries around 1.30 am today, sources said. The operator is undergoing treatment and is out of danger.
 
Mr Maria said the case had been transferred to the Crime Branch of the city police for investigation.
 
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Rayudu, Pollard steer Mumbai Indians to eight-run win over Rajasthan Royals

 
Riding on an unbeaten half-century by Ambati Rayudu and 38 by opener Lendl Simmons, Mumbai Indians beat Rajasthan Royals by eight runs in the Indian Premier League (IPL) at the Wankhede Stadium here tonight.
 
Asked to bat first, the hosts posted a challening 187 for five from their 20 overs, with most of their top order batsmen getting among the runs today. A late blitz by Rayudu and Kieron Pollard (24) helped them to overcome a slowdown in the middle and reach an imposing total.
 
Apart from Rayudu (53 not out) and Simmons, opener parthiv Patel made 23, Unmukt Chand 13, Rohit Sharma 27 and Kieron Pollard 24.
 
Chasing 188 for a win, Rajasthan ended up with 179 for seven, nine runs short of their target, though Sanju Samson, coming good finally with a superb 76 off just 46 balls with seven fours and three sixes, very nearly pulled it off for the visitors.
 
Skipper Shane Watson made 28 and Steve Smith contributed 23 but their efforts were not enough.
 
Rajasthan Royals continue in the second spot on the table with five wins, three losses and two no-results in their ten outings so far. Mumbai Indians are placed seventh in the eight-team league, just ahead of Kings XI Punjab, with three wins and five losses from eight matches.
 
Mumbai Indians began on a steady note, with Simmons and Patel putting on 43 for the first wicket and Chand and Simmons then taking the total to 73, when the latter left.
 
Things slowed down a bit after that as they lost two more wickets to make it 120 for four in the 15th over. But Rayudu and Pollard then added 61 runs in 4.5 overs for the fifth wicket, which, in the final analysis, made all the difference today.
 
While Samson brought the visitors pretty close, they were done in by the fact that Mumbai bolwers Mitchell McCenaghan and Lasith Malinga gave away only 14 runs in the 18th and 19th overs while picking up three wickets.
 
That meant the Royals still needed 20 from the last over and they were not equal to the task.
 
Scoreboard
Mumbai Indians (20 overs maximum)
LMP Simmons lbw b Ankit Sharma 38
PA Patel c & b Kulkarni 23
UBT Chand c Binny b Southee 13
RG Sharma c Ankit Sharma b Kulkarni 27
AT Rayudu not out 53
KA Pollard c Samson b Theron 24
Harbhajan Singh not out 0 0 0 0 -
Extras (lb 3, w 5, nb 1) 9
Total (5 wickets; 20 overs) 187
Did not bat:: J Suchith, R Vinay Kumar, MJ McClenaghan, SL Malinga
Fall of wickets: 1-43 (Patel, 4.5 ov), 2-73 (Simmons, 9.1 ov), 3-84 (Chand, 10.4 ov), 4-120 (Sharma, 14.5 ov), 5-181 (Pollard, 19.4 ov)
Bowling
TG Southee 4 0 36 1
DS Kulkarni 3 0 26 2
J Theron 4 0 40 1
SR Watson 3 0 36 0
STR Binny 2 0 17 0
Ankit Sharma 4 0 29 1
 
Rajasthan Royals  (target: 188 runs from 20 overs)
AM Rahane c Rayudu b Vinay Kumar 16
SR Watson b Suchith 28
SV Samson c Suchith b McClenaghan 76
SPD Smith c Harbhajan Singh b McClenaghan 23
KK Nair c Patel b McClenaghan 7
STR Binny not out 9
DJ Hooda c Chand b Malinga 1
TG Southee run out (Pollard/Vinay Kumar) 6
J Theron not out 1
Extras (lb 2, w 9, nb 1) 12
Total (7 wickets; 20 overs) 179
Did not bat: DS Kulkarni, Ankit Sharma
Fall of wickets: 1-30 (Rahane, 3.1 ov), 2-71 (Watson, 8.1 ov), 3-127 (Smith, 14.6 ov), 4-161 (Samson, 17.4 ov), 5-161 (Nair, 17.5 ov), 6-162 (Hooda, 18.1 ov), 7-177 (Southee, 19.4 ov)
Bowling
MJ McClenaghan 4 0 31 3
SL Malinga 4 0 34 1
R Vinay Kumar 4 0 39 1
J Suchith 4 0 39 1
Harbhajan Singh 4 0 34 0
 
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India’s forex reserves go up by $ 1.404 billion to $ 344.605 billion

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India’s forex reserves increased by $ 1.404 billion to touch a new high of $ 344.605 billion in the week ended April 24, the Reserve Bank of India (RBI) said here today.
 
The country’s forex reserves had soared by $ 2.788 billion to $ 343.201 billion in the previous week.
 
In its weekly statistical supplement, the central bank said that foreign currency assets, which constitute a major chunk of the forex reserves, had gone up by $ 1.404 billion to $ 320.264 billion during the week.
 
Foreign currency assets expressed in US dollar terms include the effect  of  appreciation or depreciation of non-US currencies such as the euro, pound and yen held in the reserves.
 
According to the bulletin, the country’s gold reserves remained unchanged at $ 19.038 billion during the week, while its special drawing rights went up by $ 0.2 million to $ 4.005 bilion.
India's reserve position in the Indian Monetary Fund (IMF) remained unchanged at $ 1.298 billion, the bulletin added.
 
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Singapore's sovereign wealth fund GIC acquires 63.9% stake in Nirlon

A view of Phase III of the Nirlon Knowledge Park in Mumbai.
A view of Phase III of the Nirlon Knowledge Park in Mumbai.
Reco Berry Private Limited, an affiliate of GIC, Singapore’s sovereign wealth fund, announced today that, pursuant to the open offer and agreements with shareholders, it is acquiring 63.9% in Nirlon Ltd for Rs 12.8 billion.
 
The stake is being acquired at Rs 222 per share, a press release from GIC said.
 
"Acquisition of 28.4% stake under the open offer has been completed. Reco Berry is in the process of acquiring the 35.5% stake under the agreements," the release added.
 
GIC is a leading global investment firm with well over $100 billion in assets under management. 
 
Established in 1981, the firm manages Singapore’s foreign reserves and is uniquely positioned for long-term and flexible investments across a wide range of asset classes, including real estate, private equity, equities and fixed income. GIC has investments in over 40 countries and has been investing in emerging markets for more than two decades. 
 
Nirlon, listed on the Bombay Stock Exchange, owns Nirlon Knowledge Park. NKP is a well designed, large scale, high quality office park located in Mumbai. NKP comprises seven blocks and is spread across 2.2 million square feet. Well?located along the Western Express highway in Goregaon, NKP is just 7 km away from the airport and 13 km away from Bandra Kurla Complex, the emerging Central Business District of Mumbai. Owing to its strategic location and high asset quality, it is substantially leased, with a strong tenancy base of international financial companies, the release added.
 
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Mumbai Indians beat Sunrisers Hyderabad by 20 runs for second win

 
Mumbai Indians (MI) beat Sunrisers Hyderabad by 20 runs to register their second win in the eighth edition of the Indian Premier League (IPL) at the Wankhede Stadium here this evening.
 
Opting to bat first, MI found themselves restricted to just 157 for eight from their 20 overs, thanks to some good work by pace bowlers Bhuvaneshwar Kumar (3/26), Praveen Kumar (2/35) and Dale Steyn (2/38).
 
Their innings was propped up by a half-century by opener Lendl Simmons (51) and 33 by Kieron Pollard. Skipper Rohit Sharma contributed an unbeaten 24. Simmons, who hit six fours and a six in his 51, put on 42 for the first wicket with Parthiv Patel (17).
 
Simmons and Sharma added 51 runs for the third wicket to take their side to 100.
 
Chasing 158 for a win, Sunrisers began well with openers Shikhar Dhawan (42) and skipper David Warner (9) putting on 45 for the first wicket in five overs.
 
But then they suffered some quick reverses, and were struggling at 68 for three in the ninth over. Lokesh Rahul (25) and Ravi Bopara (23) added 36 for the fourth wicket, but once the two left to make it 126 for five in the 18th over, the fight had gone out of the visitors. They ended up with 137 for eight.
 
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Lasith Malinga took four for 23 from his four overs, including three in the penultimate over, and Mitchell McClenaghan got three for 20 to help the hosts to what was only their second win in seven outings.
 
The domination of the Mumbai bowlers can be gauged from the fact that they did not concede a single boundary between the seventh and 12th overs, giving away only 29 runs.
 
Mumbai Indians, however, continue to languish at the bottom of the eight-team league, while Sunrisers are in the fifth position with two wins from six matches so far.
 
Scoreboard
Mumbai Indians (20 overs maximum)
LMP Simmons b Steyn 51
PA Patel c Vihari b Steyn 17
UBT Chand c Dhawan b P Kumar
RG Sharma c B Kumar b Sharma 24
KA Pollard b B Kumar 33
AT Rayudu c Boult b B Kumar 7
Harbhajan Singh c B Kumar b P Kumar 0
J Suchith not out 9
R Vinay Kumar c Ojha b B Kumar 0
MJ McClenaghan not out 1
Extras (lb 1, w 9) 10
Total (8 wickets; 20 overs) 157
Did not bat: SL Malinga
Fall of wickets 1-42 (Patel, 5.4 ov), 2-49 (Chand, 6.6 ov), 3-100 (Simmons, 12.3 ov), 4-108 (Sharma, 13.5 ov), 5-126 (Rayudu, 16.4 ov), 6-128 (Harbhajan Singh, 17.3 ov), 7-149 (Pollard, 19.1 ov), 8-149 (Vinay Kumar, 19.2 ov)
Bowling
TA Boult 4 0 27 0
B Kumar 4 0 26 3
DW Steyn 4 0 38 2
P Kumar 4 0 35 2
KV Sharma 4 0 30 1
 
Sunrisers Hyderabad (target: 158 runs from 20 overs)
S Dhawan c Malinga b McClenaghan 42
DA Warner c Rayudu b Malinga 9
KL Rahul c Rayudu b McClenaghan 25
NV Ojha c Pollard b Suchith 9
RS Bopara c sub (HH Pandya) b McClenaghan 23
GH Vihari c Patel b Malinga 16
KV Sharma not out 2
P Kumar b Malinga 0
DW Steyn c Pollard b Malinga 0
B Kumar not out 6
Extras (lb 2, w 2, nb 1) 5
Total (8 wickets; 20 overs) 137
Did not bat: TA Boult
Fall of wickets: 1-45 (Warner, 4.6 ov), 2-52 (Dhawan, 5.6 ov), 3-68 (Ojha, 8.4 ov), 4-104 (Rahul, 14.5 ov), 5-126 (Bopara, 17.4 ov), 6-127 (Vihari, 18.1 ov), 7-127 (P Kumar, 18.3 ov), 8-127 (Steyn, 18.4 ov)
Bowling
Harbhajan Singh 4 0 36 0
MJ McClenaghan 4 0 20 3
SL Malinga 4 1 23 4
J Suchith 4 0 25 1
R Vinay Kumar 4 0 31
 
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India’s forex reserves soar by $ 2.788 billion to $ 343.2 billion

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India’s foreign exchange reserves soared by $ 2.788 billion to $ 343.201 billion in the week ended April 17, the Reserve Bank of India (RBI) said here today.
 
The country’s forex reserves had fallen by $ 2.593 billion in the previous week.
 
In its weekly statistical supplement, the central bank said that foreign currency assets, which constitute a major chunk of the forex reserves, had gone up by $ 2.727 billion to $ 318.859 billion during the week.
 
Foreign currency assets expressed in US dollar terms include the effect  of  appreciation or depreciation of non-US currencies such as the euro, pound and yen held in the reserves.
 
According to the bulletin, the country’s gold reserves remained unchanged at $ 19.038 billion during the week, while its special drawing rights went up by $ 45.6 million to $ 4.005 bilion.
 
India's reserve position in the Indian Monetary Fund (IMF) went up by $ 14.8 million to $ 1.298 billion, the bulletin added.
 
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Advent to lead acquisition of Crompton Greaves' consumer products business from Avantha

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Private equity firm Advent International today said that it had signed a share purchase agreement with Avantha Holdings Limited, the promoter of Crompton Greaves Limited (CG), whereby it would lead the acquisition of 34.37 percent of CG's consumer products business, Crompton Greaves Consumer Electricals Limited (CGCEL).
 
The announcement by the two companies said Temasek Holdings, another leading private equity firm, would be an independent co-investor alongside Advent in CGCEL.
 
The transaction values CGCEL at an enterprise value of Rs 6,600 crore (US$1.07 billion). 
 
A press release from the two companies said CGCEL would be demerged from CG into a standalone company and will consequently be listed on the National Stock Exchange of India (NSE) and Bombay Stock Exchange (BSE). 
 
Thereafter, Advent, a global private equity firm with a dedicated presence in India, and Temasek, an investment company based in Singapore, will make an open offer for additional shares of CGCEL in compliance with takeover regulations. 
 
The transaction is subject to closing conditions and receipt of all statutory and other approvals, including the successful demerger of CGCEL from CG and approval from the Reserve Bank of India (RBI) and Competition Commission of India (CCI), the release said.
 
CGCEL, one of CG's largest and fastest-growing businesses, manufactures and markets a wide spectrum of consumer products, ranging from fans, lamps and luminaires to pumps and household appliances such as water heaters, mixer grinders, toasters, irons and electric lanterns. The business is India’s market leader in fans, No. 1 player in residential pumps and has leading market positions in its other product categories. It employs approximately 3,500 people and has six manufacturing facilities.
 
“After an extensive search and careful evaluation, Avantha is pleased to have signed a share purchase agreement for the sale of its stake in Crompton Greaves’ consumer business,” said Gautam Thapar, founder and Chairman of the Avantha Group. “Both Advent and Temasek have extensive financial, sector and operational expertise, and we believe they are well-positioned to support CGCEL in its next phase of growth. I thank all of CGCEL’s employees who have given their best and firmly believe that they will benefit from further expansion and focus under the new stewardship.”
 
“CGCEL is an attractive business that we believe will thrive as a standalone company,” said Shweta Jalan, Managing Director at Advent International in Mumbai. “It has leading positions in several fast-growing product categories with strong brand names and extensive distribution capabilities. Post completion, we look forward to driving growth by investing in sales and marketing, distribution and enhanced product offerings.”
 
According to the release, Advent and Temasek will acquire ownership in CGCEL by purchasing shares in CGCEL from Avantha Holdings following the demerger of the consumer products business from CG and the listing of CGCEL on the BSE and NSE. 
 
The transaction is expected to be completed in the first quarter of 2016.
 
CG had filed with the BSE on March 3, 2015, regarding the demerger of CG’s consumer business into CGCEL, whereby all of CG’s shareholders will receive shares of CGCEL such that the shareholding of CGCEL upon completion of the demerger will mirror the shareholding of CG.
 
The release said CGCEL had grown at a compound rate of 16% per year over the past six years and generated revenue of Rs 28.5 billion (US$459 million) for the fiscal year ended March 31, 2014. The business has benefited from robust long-term growth in the Indian consumer products market, where sales volume has increased approximately 1.5 to 1.9 times India’s real gross domestic product (GDP) from 2002 to 2014. With India’s GDP growth expected to accelerate in the coming years, prospects for the country’s consumer segment remain strong, it said.
 
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“As a standalone company, CGCEL would be able to pursue more strategic goals and thus maximize value for all its stakeholders,” said Laurent Demortier, CEO and Managing Director of CG. “I would like to thank our colleagues in the consumer products business for their commitment and achievements, and I am confident that they will continue to benefit as the business pursues further growth in India and beyond.”
 
Advent International has been investing in India since 2007 and opened a Mumbai office in 2009. Its Indian investments include Computer Age Management Services (CAMS), a leading provider of business process outsourcing services to the asset management industry (subsequently acquired by the National Stock Exchange of India in 2014), and CARE Hospitals, the largest multi-specialty hospital chain in South and Central India. 
 
The Mumbai team also works with Advent’s existing global portfolio companies on growth strategies and acquisitions in the Indian market. Examples include Skillsoft’s acquisition of e-learning business Element K and TransUnion’s acquisition of a controlling stake in credit information company CIBIL.
 
Advent has been investing in the consumer products and industrial sectors for over two decades. During that time, it has invested in nearly 50 manufacturers of consumer products and industrial products and equipment. The firm also has significant experience carving out businesses from corporations, with transactions over the last five years including Allnex (acquired from Cytec Industries), Oberthur Technologies (from Oberthur Fiduciaire), Partner in Pet Food (from Provimi Group), Worldpay (from Royal Bank of Scotland) and Vantiv (from Fifth Third Bank).
 
Founded in 1984, Advent International is one of the largest and most experienced global private equity investors. 
 
Incorporated in 1974, Temasek is an investment company based in Singapore, with a S$223 billion portfolio as of March 31, 2014. Its portfolio covers a broad spectrum of sectors: financial services; transportation, logistics and industrials; telecommunications, media and technology; life sciences, consumer and real estate; energy and resources. 
 
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Iyer, Duminy hit half-centuries as Delhi Daredevils crush Mumbai Indians by 37 runs

 
A superb  83 by opener Shreyas Iyer and skipper Jean Paul Duminy's unbeaten 78 steered Delhi Daredevils to an emphatic 37-run win over Mumbai Indians (MI) in the Indian Premier League (IPL) at the Feroz Shah Kotla here tonight.
 
The victory also helped the Daredevils ended a run of nine successive defeats on their home ground since the last season of the Twenty20 tournament.
 
Put in to bat first, the hosts posted a challenging 190 for four from their allotted 20 overs, powered in the main by a 154-run partnership for the second wicket between Iyer and Duminy.
 
Chasing 191 for a win, the visitors proved themselves unequal to the task, ending up far short at 153 for nine from their 20 overs.
 
Delhi Daredevils are now placed fourth on the table with three wins from their six outings so far in the tournament, while Mumbai Indians have been pushed down to the bottom of the eight-team league with just one win in six matches.
 
Coming together at 2 for 1 after the Daredevils lost opener Mayank Agarwal (1) off the third ball of the innings sent down by Mitchell McClenaghan, Iyer and Duminy took the score to 156 before the former left in the 17th over.
 
Iyer's 83 was made off 56 balls with the help of seven fours and five sixes, while Duminy's 78 not out came off 50 deliveries and was studded with three fours and six sixes. Angelo Mathews contributed 17.
 
For Mumbai Indians, McClenaghan ended up with two for 38 from his four overs, while Lasith Malinga and Jasprit Bumrah picked up one each.
 
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The visitors began the chase on a steady note, with Lendl Simmons (15) and Parthiv Patel (28) putting on 35 for the opening wicket. By the sixth over, both openers were back in the pavilion with the total at 48.
 
For a change, all the top order MI batsmen got into double digits, with skipper Robin Sharma and Ambati Rayudi topscoring with 30 each, but none of them was able to build a big score, and the side was soon struggling at 131 for five after 16 overs. Two more wickets in the next over, bowled by Imran Tahir, to make it 135 for eight.
 
Harbhajan Singh (9) and Malinga (6 not out) added 18 for the ninth wicket to delay the inevitable, but Mumbai Indians were never in with a chance, especially in the face of some tight and consistent bowling by the Delhi bowlers and the outstanding fielding. The only consolation for them was that they are yet to be bowled out in the tournament.
 
Imran Tahir took three for 22 from his four overs, while Mathews and Amit  Mishra got two each.
 
Scoreboard
Delhi Daredevils (20 overs maximum)
MA Agarwal c Rayudu b McClenaghan 1
SS Iyer b Malinga 83
JP Duminy not out  78
AD Mathews c Patel b McClenaghan 17
Yuvraj Singh c Pollard b Bumrah 2
KM Jadhav not out 1 1 0 0
Extras (lb 1, w 6, nb 1) 8
Total (4 wickets; 20 overs) 190
Did not bat: NM Coulter-Nile, A Mishra, S Nadeem, Imran Tahir, DJ Muthuswami
Fall of wickets: 1-2 (Agarwal, 0.3 ov), 2-156 (Iyer, 16.4 ov), 3-174 (Mathews, 17.6 ov), 4-187 (Yuvraj Singh, 19.3 ov)
Bowling
MJ McClenaghan 4 0 38 2
SL Malinga 4 0 23 1
JJ Bumrah 4 0 55 1
Harbhajan Singh 4 0 34
HH Pandya 2 0 14 0
KA Pollard 2 0 25 0
 
Mumbai Indians (target: 191 runs from 20 overs)
LMP Simmons c Duminy b Muthuswami 15
PA Patel c Imran Tahir b Mathews 28
UBT Chand st Jadhav b Mishra 14
RG Sharma c Nadeem b Coulter-Nile 30
KA Pollard c Nadeem b Mishra 10
AT Rayudu c Coulter-Nile b Imran Tahir 30
HH Pandya c Coulter-Nile b Imran Tahir 0
Harbhajan Singh c sub (J Yadav) b Mathews 9
MJ McClenaghan c Jadhav b Imran Tahir 0
SL Malinga not out 6
JJ Bumrah not out 0
Extras (lb 2, w 9) 11
Total (9 wickets; 20 overs) 153
Fall of wickets: 1-35 (Simmons, 4.2 ov), 2-48 (Patel, 5.6 ov), 3-68 (Chand, 8.2 ov), 4-82 (Pollard, 10.2 ov), 5-131 (Sharma, 15.6 ov), 6-131 (Pandya, 16.1 ov), 7-135 (Rayudu, 16.3 ov), 8-135 (McClenaghan, 16.4 ov), 9-153 (Harbhajan Singh, 19.4 ov)
Bowling
NM Coulter-Nile 4 0 36 1
DJ Muthuswami 2 0 7 1
JP Duminy 1 0 14 0
AD Mathews 2 0 15 2
A Mishra 4 0 32 2
S Nadeem 3 0 25 0
Imran Tahir 4 0 22 3
 
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L&T Construction wins orders valued at Rs 2674 crore

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Infrastructure major Larsen & Toubro (L&T) today said its construction arm had won orders worth Rs 2674 crore across various business segments.
 
A press release from the company said these included a major order received by its Transportation Infrastructure Business from a private infrastructure developer for the engineering, procurement and construction (EPC) of four- laning of the Hospet-Chitradurga road section in Karnataka under the National Highways Development Project (NHDP) Phase III.
 
The Power Transmission & Distribution Business has bagged an EPC order from a reputed oil refinery company in Middle East for the enhancement of their existing electrical facilities, it said.
 
The Solar Business has received orders for the turnkey construction of solar photovoltaic power plants from multiple private solar developers.
 
Additional orders have also been received from ongoing jobs of other businesses of L&T Construction, the release added.
 
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Simmons, Chand hit fifties as MI beat RCB for first win of season

 
Riding on half-centuries by opener Lendl Simmons and Unmukt Chand, Mumbai Indians defeated Royal Challengers Bangalore by 18 runs to notch up their first win in this season of the Indian Premier League (IPL) at the M Chinnaswamy Stadium here tonight.
 
Put in to bat first, Mumbai Indians posted an imposing 209 for seven from their allotted 20 overs as their top order finally clicked. 
 
Apart from Simmons (59) and Chand ( 58), skipper Rohit Sharma also got among the runs, making 42 off just 15 balls with the help of three fours and four sixes.
 
Chasing 210 for a win, the RCB top order failed to get going and there were soon struggling at 62 for three in the 11th over before AB de Villiers came up with a hurricane 41 off just 11 balls with the help of five fours and three sixes.
 
In the company of Dinesh Karthik (18), he added 35 for the fourth wicket, 22 for the fifth with Rilee Rossouw, who did not score a single run. When he left at 125 in the 15th over,  RCB were still 85 short.
 
David Wiese took over and hammered an unbeaten 47 off 25 balls with the help of six fours and two sixes and Iqbal Abdulla contributed 20, but their efforts were not enough as the asking rate was too high and there were not enough batsmen or overs left. They ended up at 191 for seven from their 20 overs.
 
Mumbai Indians also have to thank Harbhajan Singh, who kept the RCB top order on a tight leash and accounted for the wickets of Chris Gayle (10), Maninder Bisla (20) and Rossouw, giving away just 27 in his four overs.
 
Simmons and Parthiv Patel finally gave MI a good start today by putting on 47  for the first wicket.
 
Chand and Simmons then added 72 for the second wicket, which boosted their confidence further and Sharma consolidated the innings as he and Chand took the total to 182 before the latter left. Pollard made just before being dismissed and Ambati Rayudu was out first ball. Sharma made his exit in the next over. Debutant Hardik Pandya stayed unbeaten on 16, inclusive of two sixes, to boost the MI total.
 
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Given that they have a strong batting line-up and the limitations of the MI bowing attack and the fact that they have chased down 200+ targets thrice on their home ground in the past, the target should not have been daunting for the RCB.
 
But their batsmen made heavy weather of the task today and even a couple of early lives did not loosen them up.
 
It was only de Villiers' amazing knock that brightened up things for them a bit. After he left, Wiese and Abdullah caused worries in the MI camp briefly.
 
While MI now have one win from five outings so far in the tournament, RCB, playing today after a gap of six days, have two losses from three matches thus far.
 
Scoreboard
Mumbai Indians
LMP Simmons c Aaron b Chahal 59
PA Patel b Wiese 12
UBT Chand c Kohli b Chahal 58
RG Sharma c & b Wiese 42
KA Pollard c Chahal b Wiese 5
AT Rayudu c Chahal b Wiese 0
Harbhajan Singh run out (Bisla/Ahmed) 0
HH Pandya not out 16
Extras (lb 4, w 13) 17
Total (7 wickets; 20 overs) 209 (10.45 runs per over)
Did not bat: JJ Bumrah, MJ McClenaghan, SL Malinga
Fall of wickets: 1-47 (Patel, 5.5 ov), 2-119 (Simmons, 13.3 ov), 3-182 (Chand, 17.4 ov), 4-188 (Pollard, 18.2 ov), 5-188 (Rayudu, 18.3 ov), 6-192 (Sharma, 18.5 ov), 7-209 (Harbhajan Singh, 19.6 ov)
Bowling
Iqbal Abdulla 4 0 35 0
VR Aaron 4 0 50 0
AN Ahmed 4 0 59 0
D Wiese 4 0 33 4
YS Chahal 4 0 28 2
 
Royal Challengers Bangalore (target: 210 runs from 20 overs)
CH Gayle b Harbhajan Singh 10
MS Bisla b Harbhajan Singh 20
V Kohli c Rayudu b McClenaghan 18
KD Karthik c Chand b Malinga 18
AB de Villiers c Pollard b Bumrah 41
RR Rossouw b Harbhajan Singh 0
D Wiese not out                      47
Iqbal Abdulla run out (Sharma/Pollard) 20
AN Ahmed not out                         1
Extras (lb 1, w 13, nb 2) 16
Total (7 wickets; 20 overs) 191
Did not bat: VR Aaron, YS Chahal
Fall of wickets: 1-26 (Bisla, 4.6 ov), 2-48 (Gayle, 8.1 ov), 3-62 (Kohli, 10.3 ov), 4-97 (Karthik, 12.1 ov), 5-119 (Rossouw, 13.1 ov), 6-125 (de Villiers, 14.2 ov), 7-183 (Iqbal Abdulla, 19.1 ov)
Bowling
MJ McClenaghan 4 0 43 1
SL Malinga            4 1 35 1
Harbhajan Singh 4 0 27 3
JJ Bumrah            4 0 39 1
HH Pandya            3 0 37 0
KA Pollard            1 0 9 0
 
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