Posts Tagged ‘ndtv in the us’

Bhajji pleads guilty, banned for 11 IPL matches

April 28, 2008

NDTV 24×7: Indian off-spinner Harbhajan Singh has been banned for 11 matches of the Indian Premier League (IPL) following his spat with Sreesanth at the end of Mumbai Indians’ match against Kings XI Punjab on Friday. It would effectively end Bhajji’s stint in the first edition of the IPL – unless Mumbai make it to the semi-finals, which looks highly unlikely at this point.

Harbhajan also faces separate action from the BCCI, which has asked him to explain, “as a contracted player”, his role in the incident which came to light after Sreesanth broke down in front of the cameras.

Niranjan Shah, the BCCI secretary, said on Monday that Sudhir Nanavati, a lawyer, has been appointed to conduct a “preliminary inquiry” and submit a report “within 15 days” to Sharad Pawar, the BCCI president, who will refer the findings to the board’s disciplinary committee for possible action.

This is a totally uncalled for controversy to hit IPL. I hope it sorts itself out and we can get back to the game.

I saw a report on this issue on NDTV 24×7 which is available here in the US only on DirecTV.


Top drawing CEOs in US include three NRIs

April 9, 2008

NDTV reports: Three Indian Americans are among the 200 CEOs of large public companies who received an average of over $ 11 million compensation in 2007. Besides Indra Nooyi and Vikram Pandit, Rajiv L Gupta of Rohm and Haas is one of them.
Top drawing CEOs in US include three NRIs
Gupta’s package was $ 7.3 million, cash pay being $ 2.8 million, according to the CEO pay tabulated on Sunday by The New York Times based on the company reports.

Muzaffarnagar-born, IIT educated Gupta took over as chairman and CEO of the Pennsylvania-based chemicals multinational in 1999.

For Nooyi, chief of PepsiCo, the total annual package was $ 14.7 million, with a cash pay of $ 4.9 million, stock awards and option awards making up the rest.

Pandit, who took over as chief of Citigroup only in last December, received a total of $3.2 million, out of which a huge chunk of $ 2.9 million was in stock awards.

The highest compensation – a whopping $ 84 million – went to Johan Thain, chief of Merrill Lynch, while Rupert Murdoch of News Corp took home $24 million.

Steven Jobs of Apple chose to take only a token $1. Even the richest man in the world, Warren Buffett, took only $ 175,000 from his company, Berkshire Hathaway.

Kudos to all the Indian Americans who have made their community and their home country proud. It feels really good to see learn about such successes if NRIs. I watched a report about this on NDTV last night. Its one of the best Indian news channels and is available here in the US on DirecTV… You should subscribe to it too…