Shane Watson of the Chennai Super Kings and Sachin Tendulkar of Mumbai Indians shake hands, after the VIVO IPL T20 cricket match between Chennai Super Kings and Mumbai Indians in Chennai, India, Friday, April 26, 2019. (AP Photo/R.Parthibhan)
Shane Watson of the Chennai Super Kings and Sachin Tendulkar of Mumbai Indians shake hands, after the VIVO IPL T20 cricket match between Chennai Super Kings and Mumbai Indians in Chennai, India, Friday, April 26, 2019. (AP Photo/R.Parthibhan)
Shane Watson of the Chennai Super Kings and Sachin Tendulkar of Mumbai Indians shake hands, after the VIVO IPL T20 cricket match between Chennai Super Kings and Mumbai Indians in Chennai, India, Friday, April 26, 2019. (AP Photo/R.Parthibhan)
Shane Watson of the Chennai Super Kings and Sachin Tendulkar of Mumbai Indians shake hands, after the VIVO IPL T20 cricket match between Chennai Super Kings and Mumbai Indians in Chennai, India, Frida

Delhi make capital gains but Chennai not quite mint with Dhoni-shaped hole: IPL 2019 talking points


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Conflicted by ‘conflict of interest’

Even as we near the business end of the Indian Premier League season, there is a side story playing itself out involving three former cricketers.

The issue of ‘conflict of interest’ has haunted cricket for a long time, but one that has arguably become more rampant since the launch of the IPL in 2008. Prominent names have been dragged into some controversy or the other, including those of former India players Sunil Gavaskar, Ravi Shastri and Anil Kumble. The big daddy of all conflict cases had at its centre N Srinivasan, who for a period of time presided over the Board of Control for Cricket in India while being owner of the Chennai Super Kings franchise.

The issue has reared its head again in 2019, with three more ex-India players – Sachin Tendulkar, Sourav Ganguly and VVS Laxman – in a pickle over multiple affiliations.

A complaint was filed to the BCCI last week, citing Tendulkar and Laxman were violating the board’s conflict of interest rules by being a part of its Cricket Advisory Committee while working for different IPL franchises.

But even as BCCI ombudsman Justice DK Jain is investigating the matter, some members in the board are already protesting against upcoming hearings. One unconfirmed source told Indian daily Hindustan Times it is unfair to make soft targets out of Tendulkar, Ganguly and Laxman – all national treasures – when there are offenders with far greater power within the establishment.

But two wrongs do not make a right – assuming the trio is deemed guilty, of course – and Justice Jain should be allowed to do his job, which is to determine whether there are indeed conflicts of interest in any of these cases.

It doesn’t mean the source doesn’t have a point. If the BCCI is serious about tackling this issue, it must start to go after the big fish.

Sunrisers Hyderabad opener David Warner has played with hunger and passion, which has made for great spectacle. Vishal Bhatnagar / AP Photo
Sunrisers Hyderabad opener David Warner has played with hunger and passion, which has made for great spectacle. Vishal Bhatnagar / AP Photo

The bad boys bounce back

David Warner and Hardik Pandya may have little in common aside from being world-class cricketers with obvious character flaws.

Warner, Australia's combustible opening batsman, has had run-ins with players and authorities. Pandya, the effervescent Indian all-rounder, is open about his fondness for bling and women.

Both players got into trouble in the space of a few months – Warner for ball tampering and Pandya for making sexist comments on a television show – and they both faced punitive measures. But they have both also received a chance to revive their careers, which meant the ongoing IPL was in for a treat from the duo.

Warner is topping the batting chart at the moment, having scored 692 runs, while Pandya has scored more than 300 runs and taken 10 wickets thus far. They have both been electric on the field and have taken their respective sides – Sunrisers Hyderabad and Mumbai Indians – to within touching distance of the play-offs.

Mercurial players are so much fun to watch when they are hungry and on song, and the current season has been better for it.

Delhi Capitals have been reinvigorated this season, but it hasn't simply been down to a name change. Altaf Qadri / AP Photo
Delhi Capitals have been reinvigorated this season, but it hasn't simply been down to a name change. Altaf Qadri / AP Photo

Capitals playing with daredevilry

What’s in a name? Apparently everything if you are a Delhi Capitals fan.

Delhi have reached the play-offs for the first time since 2012, much of the credit for which should go to the new owners for strengthening the squad and sticking with coach Ricky Ponting and captain Shreyas Iyer. The got Shikhar Dhawan back and assembled one of the best bowling attacks, including Kagiso Rabada, Ishant Sharma, Amit Mishra and Sandeep Lamichhane.

Whether the name change led to a mental reboot of sorts is yet unclear. But in the lead-up to the new season, the management was criticised for replacing Daredevils with Capitals. Why change a good name, many asked. One Twitter user was prompted to write, “Waiting for Mumbai Indians to change their name to Mumbai Financial Capital.”

Whatever be one’s attitude about it, 'Capitals' is likely here to stay – especially if Delhi go on to win the title this year.

The IPL prize money has already been halved. AP
The IPL prize money has already been halved. AP

CSK not yet ‘mint with the hole’

There was a time, back in the 90s and noughties, when urban Indian youth could not get enough of Polo Mints. Each peppermint was designed in the shape of a ring and the tagline was ‘Polo, the mint with the hole’.

In other words, it had a hole but was still mint.

This season, like in every season, Chennai Super Kings have proved to be the team to beat. They have a set roster of players who have represented Chennai for a good many years. While other franchises have tended to bring in youngsters from elsewhere, Chennai have normally chosen to keep the flock together: MS Dhoni, Suresh Raina, Dwayne Bravo, Faf du Plessis, Shane Watson and Ambati Rayudu, to name a few.

But if there is a chink in the Chennai armour, it is the tendency to lose their way when Dhoni, their captain since 2008, is not playing. They were especially found out by Mumbai Indians, the only side with the kind of depth comparable to Chennai.

Dhoni has had back problems in recent times and he must have been looking to rest up ahead of the play-offs, but the impact the wicketkeeper-batsman’s absence has on his side should be a little worrying.

Call it Dhoni Dependency or whatever, the management must really wonder if the CSK line-up is all that mint whenever it has a Dhoni-shaped hole.

MATCH INFO

England 19 (Try: Tuilagi; Cons: Farrell; Pens: Ford (4)

New Zealand 7 (Try: Savea; Con: Mo'unga)

Warlight,
Michael Ondaatje, Knopf 

What can you do?

Document everything immediately; including dates, times, locations and witnesses

Seek professional advice from a legal expert

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You can use the Ministry of Human Resources and Emiratisation’s dedicated hotline

In criminal cases, you can contact the police for additional support

Opening day UAE Premiership fixtures, Friday, September 22:

  • Dubai Sports City Eagles v Dubai Exiles
  • Dubai Hurricanes v Abu Dhabi Saracens
  • Jebel Ali Dragons v Abu Dhabi Harlequins
'Top Gun: Maverick'

Rating: 4/5

 

Directed by: Joseph Kosinski

 

Starring: Tom Cruise, Val Kilmer, Jennifer Connelly, Jon Hamm, Miles Teller, Glen Powell, Ed Harris

 
UAE currency: the story behind the money in your pockets
Timeline

2012-2015

The company offers payments/bribes to win key contracts in the Middle East

May 2017

The UK SFO officially opens investigation into Petrofac’s use of agents, corruption, and potential bribery to secure contracts

September 2021

Petrofac pleads guilty to seven counts of failing to prevent bribery under the UK Bribery Act

October 2021

Court fines Petrofac £77 million for bribery. Former executive receives a two-year suspended sentence 

December 2024

Petrofac enters into comprehensive restructuring to strengthen the financial position of the group

May 2025

The High Court of England and Wales approves the company’s restructuring plan

July 2025

The Court of Appeal issues a judgment challenging parts of the restructuring plan

August 2025

Petrofac issues a business update to execute the restructuring and confirms it will appeal the Court of Appeal decision

October 2025

Petrofac loses a major TenneT offshore wind contract worth €13 billion. Holding company files for administration in the UK. Petrofac delisted from the London Stock Exchange

November 2025

180 Petrofac employees laid off in the UAE

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EA Sports FC 26

Publisher: EA Sports

Consoles: PC, PlayStation 4/5, Xbox Series X/S

Rating: 3/5

Mercer, the investment consulting arm of US services company Marsh & McLennan, expects its wealth division to at least double its assets under management (AUM) in the Middle East as wealth in the region continues to grow despite economic headwinds, a company official said.

Mercer Wealth, which globally has $160 billion in AUM, plans to boost its AUM in the region to $2-$3bn in the next 2-3 years from the present $1bn, said Yasir AbuShaban, a Dubai-based principal with Mercer Wealth.

Within the next two to three years, we are looking at reaching $2 to $3 billion as a conservative estimate and we do see an opportunity to do so,” said Mr AbuShaban.

Mercer does not directly make investments, but allocates clients’ money they have discretion to, to professional asset managers. They also provide advice to clients.

“We have buying power. We can negotiate on their (client’s) behalf with asset managers to provide them lower fees than they otherwise would have to get on their own,” he added.

Mercer Wealth’s clients include sovereign wealth funds, family offices, and insurance companies among others.

From its office in Dubai, Mercer also looks after Africa, India and Turkey, where they also see opportunity for growth.

Wealth creation in Middle East and Africa (MEA) grew 8.5 per cent to $8.1 trillion last year from $7.5tn in 2015, higher than last year’s global average of 6 per cent and the second-highest growth in a region after Asia-Pacific which grew 9.9 per cent, according to consultancy Boston Consulting Group (BCG). In the region, where wealth grew just 1.9 per cent in 2015 compared with 2014, a pickup in oil prices has helped in wealth generation.

BCG is forecasting MEA wealth will rise to $12tn by 2021, growing at an annual average of 8 per cent.

Drivers of wealth generation in the region will be split evenly between new wealth creation and growth of performance of existing assets, according to BCG.

Another general trend in the region is clients’ looking for a comprehensive approach to investing, according to Mr AbuShaban.

“Institutional investors or some of the families are seeing a slowdown in the available capital they have to invest and in that sense they are looking at optimizing the way they manage their portfolios and making sure they are not investing haphazardly and different parts of their investment are working together,” said Mr AbuShaban.

Some clients also have a higher appetite for risk, given the low interest-rate environment that does not provide enough yield for some institutional investors. These clients are keen to invest in illiquid assets, such as private equity and infrastructure.

“What we have seen is a desire for higher returns in what has been a low-return environment specifically in various fixed income or bonds,” he said.

“In this environment, we have seen a de facto increase in the risk that clients are taking in things like illiquid investments, private equity investments, infrastructure and private debt, those kind of investments were higher illiquidity results in incrementally higher returns.”

The Abu Dhabi Investment Authority, one of the largest sovereign wealth funds, said in its 2016 report that has gradually increased its exposure in direct private equity and private credit transactions, mainly in Asian markets and especially in China and India. The authority’s private equity department focused on structured equities owing to “their defensive characteristics.”

ABU DHABI TRIATHLON

For more information, and to enter the race, please visit www.abudhabi.triathlon.org.

How has net migration to UK changed?

The figure was broadly flat immediately before the Covid-19 pandemic, standing at 216,000 in the year to June 2018 and 224,000 in the year to June 2019.

It then dropped to an estimated 111,000 in the year to June 2020 when restrictions introduced during the pandemic limited travel and movement.

The total rose to 254,000 in the year to June 2021, followed by steep jumps to 634,000 in the year to June 2022 and 906,000 in the year to June 2023.

The latest available figure of 728,000 for the 12 months to June 2024 suggests levels are starting to decrease.

 


 

THE 12 BREAKAWAY CLUBS

England

Arsenal, Chelsea, Liverpool, Manchester City, Manchester United, Tottenham Hotspur

Italy
AC Milan, Inter Milan, Juventus

Spain
Atletico Madrid, Barcelona, Real Madrid

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Price, base / as tested: Dh169,995 / Dh192,045

Engine: Turbocharged, 2.0-litre, in-line four-cylinder

Transmission: Six-speed automatic

Power: 253hp @ 5,500rpm

Torque: 389Nm @ 2,500rpm

Fuel economy, combined: 10.7L / 100km

Married Malala

Malala Yousafzai is enjoying married life, her father said.

The 24-year-old married Pakistan cricket executive Asser Malik last year in a small ceremony in the UK.

Ziauddin Yousafzai told The National his daughter was ‘very happy’ with her husband.

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Three-day coronation

Royal purification

The entire coronation ceremony extends over three days from May 4-6, but Saturday is the one to watch. At the time of 10:09am the royal purification ceremony begins. Wearing a white robe, the king will enter a pavilion at the Grand Palace, where he will be doused in sacred water from five rivers and four ponds in Thailand. In the distant past water was collected from specific rivers in India, reflecting the influential blend of Hindu and Buddhist cosmology on the coronation. Hindu Brahmins and the country's most senior Buddhist monks will be present. Coronation practices can be traced back thousands of years to ancient India.

The crown

Not long after royal purification rites, the king proceeds to the Baisal Daksin Throne Hall where he receives sacred water from eight directions. Symbolically that means he has received legitimacy from all directions of the kingdom. He ascends the Bhadrapitha Throne, where in regal robes he sits under a Nine-Tiered Umbrella of State. Brahmins will hand the monarch the royal regalia, including a wooden sceptre inlaid with gold, a precious stone-encrusted sword believed to have been found in a lake in northern Cambodia, slippers, and a whisk made from yak's hair.

The Great Crown of Victory is the centrepiece. Tiered, gold and weighing 7.3 kilograms, it has a diamond from India at the top. Vajiralongkorn will personally place the crown on his own head and then issues his first royal command.

The audience

On Saturday afternoon, the newly-crowned king is set to grant a "grand audience" to members of the royal family, the privy council, the cabinet and senior officials. Two hours later the king will visit the Temple of the Emerald Buddha, the most sacred space in Thailand, which on normal days is thronged with tourists. He then symbolically moves into the Royal Residence.

The procession

The main element of Sunday's ceremonies, streets across Bangkok's historic heart have been blocked off in preparation for this moment. The king will sit on a royal palanquin carried by soldiers dressed in colourful traditional garb. A 21-gun salute will start the procession. Some 200,000 people are expected to line the seven-kilometre route around the city.

Meet the people

On the last day of the ceremony Rama X will appear on the balcony of Suddhaisavarya Prasad Hall in the Grand Palace at 4:30pm "to receive the good wishes of the people". An hour later, diplomats will be given an audience at the Grand Palace. This is the only time during the ceremony that representatives of foreign governments will greet the king.

How Apple's credit card works

The Apple Card looks different from a traditional credit card — there's no number on the front and the users' name is etched in metal. The card expands the company's digital Apple Pay services, marrying the physical card to a virtual one and integrating both with the iPhone. Its attributes include quick sign-up, elimination of most fees, strong security protections and cash back.

What does it cost?

Apple says there are no fees associated with the card. That means no late fee, no annual fee, no international fee and no over-the-limit fees. It also said it aims to have among the lowest interest rates in the industry. Users must have an iPhone to use the card, which comes at a cost. But they will earn cash back on their purchases — 3 per cent on Apple purchases, 2 per cent on those with the virtual card and 1 per cent with the physical card. Apple says it is the only card to provide those rewards in real time, so that cash earned can be used immediately.

What will the interest rate be?

The card doesn't come out until summer but Apple has said that as of March, the variable annual percentage rate on the card could be anywhere from 13.24 per cent to 24.24 per cent based on creditworthiness. That's in line with the rest of the market, according to analysts

What about security? 

The physical card has no numbers so purchases are made with the embedded chip and the digital version lives in your Apple Wallet on your phone, where it's protected by fingerprints or facial recognition. That means that even if someone steals your phone, they won't be able to use the card to buy things.

Is it easy to use?

Apple says users will be able to sign up for the card in the Wallet app on their iPhone and begin using it almost immediately. It also tracks spending on the phone in a more user-friendly format, eliminating some of the gibberish that fills a traditional credit card statement. Plus it includes some budgeting tools, such as tracking spending and providing estimates of how much interest could be charged on a purchase to help people make an informed decision. 

* Associated Press