Sachin Tendulkar acknowledges the crowd after surpassing Brian Lara's record of 11,953 Test runs on Friday.
Sachin Tendulkar acknowledges the crowd after surpassing Brian Lara's record of 11,953 Test runs on Friday.
Sachin Tendulkar acknowledges the crowd after surpassing Brian Lara's record of 11,953 Test runs on Friday.
Sachin Tendulkar acknowledges the crowd after surpassing Brian Lara's record of 11,953 Test runs on Friday.

Stroke of genius lifts Indian spirits


  • English
  • Arabic

MUMBAI // Despite a series of recent bomb blasts, an economy in free fall and a background of increasing communal violence, India was smiling yesterday - all thanks to one man and a simple swing of his bat. Shortly after 2.30pm on Friday at the PCA stadium in Mohali, Punjab, Sachin Tendulkar became the highest scorer in Test cricket, reaching 11,956 runs during India's second Test match against Australia. He went on to hit 88 runs that day, taking his tally to 12,029.

In a country that has been ravaged in recent months by bad news, Tendulkar's achievement could not have come at a better time, reinforcing his reputation as a cricketer who has carried the cricketing hopes of millions of Indians on his slender shoulders since making his international debut at the age of 16. His achievement sparked celebrations across the country, where the sport is a national obsession and its stars are revered as gods. Tendulkar, standing at a little over 5 feet tall, is considered to be the biggest of them all. Mumbai, his home town, marked the milestone by setting off 12,029 fire crackers and holding religious ceremonies in his honour.

Manmohan Singh, the prime minister, said: "I congratulate Sachin Tendulkar on becoming the highest scorer in Test cricket," he said. "Sachin is truly worthy of the mantle. There is no doubt that he is a genius." The achievement is the crowning glory in the career of the 35-year-old. Tendulkar has spent more than half his life in the nation's international squad. "It is definitely the biggest record of my career because it has taken me almost 19 years to get there and the journey has been fantastic. The feeling is fantastic," he said.

"I was just trying to focus on the game but every now and then it [the record] was there in front of me. I decided to just keep it simple and just keep watching the ball, keep my eyes on it and keep alert." He insisted that he had no plans to retire in the near future, meaning the record will continue to grow. In a country that has been ravaged in recent months by bad news, Tendulkar's achievement could not have come at a more opportune time.

Sankarshan Thaur, a journalist who has closely followed the cricketer's career, said: "Tendulkar's record is just the lift the country needs at the moment. There has been a very negative mood over recent months following a number of bomb blasts and an upsurge in violence. Tendulkar has once again brought some joy to millions of Indians." As fans of the sport in his native Mumbai continually claim, there are cricketers and then there is Sachin Tendulkar.

Close to Mumbai's Shivaji Park, where Tendulkar played as a youngster, a stage was built for a religious ceremony in his honour, while sweets were distributed to mark his record. Local politicians are also planning a civic reception for his return. Tendulkar eclipsed the record of 11,953 runs previously held by Brian Lara, the West Indian batsman. Tendulkar is known as the "Little Master", a nickname he was given by Sir Donald Bradman, the renowned Australian batsman. Watching him as a 19-year-old, Bradman said he reminded him of himself.

During his astounding career, Tendulkar has established himself as not only one of cricket's greatest players but also the richest. He earns around US$30 million a year from a series of lucrative commercial deals and lives in a Mumbai mansion with his wife, Anjali, and two children. Tendulkar's achievement comes at a time when cricket finds itself at the centre of a continuous political tussle between the Board of Control for Cricket in India (BCCI), the sport's governing body in India, and other established cricketing countries, such as England and Australia.

The BCCI is the richest cricket board in the world, generating an estimated US$1 billion (Dh3.7bn) a year and accounts for 70 per cent of the game's overall revenue. Countries such as England fear the financial clout of India within the International Cricket Council (ICC), the world cricket's governing body based in Dubai. At the heart of the matter lies the very future of Test cricket after the increasing popularity of Twenty20 cricket, which takes place over three hours as opposed to five days and enjoys a huge following in India. Its national team is the current world Twenty20 champion.

Earlier this year the BCCI staged the first ever Indian Premier League (IPL) tournament, consisting of eight teams comprising some of the world's leading players. The event proved to be a financial and sporting bonanza, generating million-dollar salaries for some players and generating more than US$1 billion in commercial revenue. With plans for more Twenty20 tournaments, countries such as England fear that the future of Test matches could be in danger given the former's financial and sporting appeal. According to some estimates, almost 40 per cent of India's population of 1.1 billion regularly tuned in to watch IPL matches earlier this year.

With attendances dwindling at Test matches in India - even Tendulkar's achievement on Friday took place before a half empty stadium - there are genuine concerns among some cricket officials that the BCCI will opt for the cash and seek to marginalise the longest and purest form of the game. The players themselves insist Test cricket must be preserved and remains the biggest challenge for any cricketer.

Soon after the completion of the IPL, Tendulkar said: "Twenty20 is great for the game and has brought a whole new audience to cricket. But the game's administrators must ensure that nothing damages the future of Test cricket. To play over five days is the ultimate test for any cricketer." Tendulkar has risen to that challenge on more than one occasion, making himself a true hero of the game, adored by millions of his fellow citizens.

On Friday, as he hit the runs that took him to the top of the run rankings, Tendulkar took off his helmet and looked up to the heavens. When asked what was going through his mind, he mentioned the two things that have particular resonance to Indians world over: family and religion. "When I looked up, obviously I had two thoughts in my mind," said Tendulkar. "One was that I thanked the almighty and the second, I thanked my [late] father. Today I miss him. He would definitely be a proud man, and I just thought of him."

vchaudhary@thenational.ae

Company Fact Box

Company name/date started: Abwaab Technologies / September 2019

Founders: Hamdi Tabbaa, co-founder and CEO. Hussein Alsarabi, co-founder and CTO

Based: Amman, Jordan

Sector: Education Technology

Size (employees/revenue): Total team size: 65. Full-time employees: 25. Revenue undisclosed

Stage: early-stage startup 

Investors: Adam Tech Ventures, Endure Capital, Equitrust, the World Bank-backed Innovative Startups SMEs Fund, a London investment fund, a number of former and current executives from Uber and Netflix, among others.

Common%20symptoms%20of%20MS
%3Cul%3E%0A%3Cli%3EFatigue%3C%2Fli%3E%0A%3Cli%3Enumbness%20and%20tingling%3C%2Fli%3E%0A%3Cli%3ELoss%20of%20balance%20and%20dizziness%3C%2Fli%3E%0A%3Cli%3EStiffness%20or%20spasms%3C%2Fli%3E%0A%3Cli%3ETremor%3C%2Fli%3E%0A%3Cli%3EPain%3C%2Fli%3E%0A%3Cli%3EBladder%20problems%3C%2Fli%3E%0A%3Cli%3EBowel%20trouble%3C%2Fli%3E%0A%3Cli%3EVision%20problems%3C%2Fli%3E%0A%3Cli%3EProblems%20with%20memory%20and%20thinking%3C%2Fli%3E%0A%3C%2Ful%3E%0A
Scores

Day 2

New Zealand 153 & 56-1
Pakistan 227

New Zealand trail by 18 runs with nine wickets remaining

The%20specs
%3Cp%3E%3Cstrong%3EPowertrain%3A%20%3C%2Fstrong%3ESingle%20electric%20motor%0D%3Cbr%3E%3Cstrong%3EPower%3A%20%3C%2Fstrong%3E201hp%0D%3Cbr%3E%3Cstrong%3ETorque%3A%20%3C%2Fstrong%3E310Nm%0D%3Cbr%3E%3Cstrong%3ETransmission%3A%20%3C%2Fstrong%3ESingle-speed%20auto%0D%3Cbr%3E%3Cstrong%3EBattery%3A%20%3C%2Fstrong%3E53kWh%20lithium-ion%20battery%20pack%20(GS%20base%20model)%3B%2070kWh%20battery%20pack%20(GF)%0D%3Cbr%3E%3Cstrong%3ETouring%20range%3A%20%3C%2Fstrong%3E350km%20(GS)%3B%20480km%20(GF)%0D%3Cbr%3E%3Cstrong%3EPrice%3A%20%3C%2Fstrong%3EFrom%20Dh129%2C900%20(GS)%3B%20Dh149%2C000%20(GF)%0D%3Cbr%3E%3Cstrong%3EOn%20sale%3A%3C%2Fstrong%3E%20Now%3C%2Fp%3E%0A
The Melbourne Mercer Global Pension Index

The Melbourne Mercer Global Pension Index

Mazen Abukhater, principal and actuary at global consultancy Mercer, Middle East, says the company’s Melbourne Mercer Global Pension Index - which benchmarks 34 pension schemes across the globe to assess their adequacy, sustainability and integrity - included Saudi Arabia for the first time this year to offer a glimpse into the region.

The index highlighted fundamental issues for all 34 countries, such as a rapid ageing population and a low growth / low interest environment putting pressure on expected returns. It also highlighted the increasing popularity around the world of defined contribution schemes.

“Average life expectancy has been increasing by about three years every 10 years. Someone born in 1947 is expected to live until 85 whereas someone born in 2007 is expected to live to 103,” Mr Abukhater told the Mena Pensions Conference.

“Are our systems equipped to handle these kind of life expectancies in the future? If so many people retire at 60, they are going to be in retirement for 43 years – so we need to adapt our retirement age to our changing life expectancy.”

Saudi Arabia came in the middle of Mercer’s ranking with a score of 58.9. The report said the country's index could be raised by improving the minimum level of support for the poorest aged individuals and increasing the labour force participation rate at older ages as life expectancies rise.

Mr Abukhater said the challenges of an ageing population, increased life expectancy and some individuals relying solely on their government for financial support in their retirement years will put the system under strain.

“To relieve that pressure, governments need to consider whether it is time to switch to a defined contribution scheme so that individuals can supplement their own future with the help of government support,” he said.

The Bio

Favourite holiday destination: Either Kazakhstan or Montenegro. I’ve been involved in events in both countries and they are just stunning.

Favourite book: I am a huge of Robin Cook’s medical thrillers, which I suppose is quite apt right now. My mother introduced me to them back home in New Zealand.

Favourite film or television programme: Forrest Gump is my favourite film, that’s never been up for debate. I love watching repeats of Mash as well.

Inspiration: My late father moulded me into the man I am today. I would also say disappointment and sadness are great motivators. There are times when events have brought me to my knees but it has also made me determined not to let them get the better of me.

Jumanji: The Next Level

Director: Jake Kasdan

Stars: Dwayne Johnson, Kevin Hart, Karen Gillan, Jack Black, Nick Jonas 

Two out of five stars 

What is the FNC?

The Federal National Council is one of five federal authorities established by the UAE constitution. It held its first session on December 2, 1972, a year to the day after Federation.
It has 40 members, eight of whom are women. The members represent the UAE population through each of the emirates. Abu Dhabi and Dubai have eight members each, Sharjah and Ras al Khaimah six, and Ajman, Fujairah and Umm Al Quwain have four.
They bring Emirati issues to the council for debate and put those concerns to ministers summoned for questioning. 
The FNC’s main functions include passing, amending or rejecting federal draft laws, discussing international treaties and agreements, and offering recommendations on general subjects raised during sessions.
Federal draft laws must first pass through the FNC for recommendations when members can amend the laws to suit the needs of citizens. The draft laws are then forwarded to the Cabinet for consideration and approval. 
Since 2006, half of the members have been elected by UAE citizens to serve four-year terms and the other half are appointed by the Ruler’s Courts of the seven emirates.
In the 2015 elections, 78 of the 252 candidates were women. Women also represented 48 per cent of all voters and 67 per cent of the voters were under the age of 40.
 

COMPANY%20PROFILE
%3Cp%3E%3Cstrong%3EName%3A%20%3C%2Fstrong%3EQureos%0D%3Cbr%3E%3Cstrong%3EBased%3A%20%3C%2Fstrong%3EUAE%0D%3Cbr%3E%3Cstrong%3ELaunch%20year%3A%20%3C%2Fstrong%3E2021%0D%3Cbr%3E%3Cstrong%3ENumber%20of%20employees%3A%20%3C%2Fstrong%3E33%0D%3Cbr%3E%3Cstrong%3ESector%3A%20%3C%2Fstrong%3ESoftware%20and%20technology%0D%3Cbr%3E%3Cstrong%3EFunding%3A%20%3C%2Fstrong%3E%243%20million%0D%3Cbr%3E%3C%2Fp%3E%0A
RESULTS

6.30pm: Handicap (rated 100 ) US$175,000 1,200m
Winner: Baccarat, William Buick (jockey), Charlie Appleby (trainer)

7.05pm: Handicap (78-94) $60,000 1,800m
Winner: Baroot, Christophe Soumillon, Mike de Kock

7.40pm: Firebreak Stakes Group 3 $200,000 1,600m
Winner: Heavy Metal, Mickael Barzalona, Salem bin Ghadayer

8.15pm: Handicap (95-108) $125,000 1,200m
Winner: Yalta, Mickael Barzalona, Salem bin Ghadayer

8.50pm: Balanchine Group 2 $200,000 1,800m
Winner: Promising Run, Pat Cosgrave, Saeed bin Suroor

9.25pm: Handicap (95-105) $125,000 1,800m
Winner: Blair House, James Doyle, Charlie Appleby

10pm: Handicap (95-105) $125,000 1,400m
Winner: Oh This Is Us, Tom Marquand, Richard Hannon

Tips for SMEs to cope
  • Adapt your business model. Make changes that are future-proof to the new normal
  • Make sure you have an online presence
  • Open communication with suppliers, especially if they are international. Look for local suppliers to avoid delivery delays
  • Open communication with customers to see how they are coping and be flexible about extending terms, etc
    Courtesy: Craig Moore, founder and CEO of Beehive, which provides term finance and working capital finance to SMEs. Only SMEs that have been trading for two years are eligible for funding from Beehive.
Company Profile

Name: Thndr
Started: 2019
Co-founders: Ahmad Hammouda and Seif Amr
Sector: FinTech
Headquarters: Egypt
UAE base: Hub71, Abu Dhabi
Current number of staff: More than 150
Funds raised: $22 million

Stamp duty timeline

December 2014: Former UK finance minister George Osbourne reforms stamp duty, replacing the slab system with a blended rate scheme, with the top rate increasing to 12 per cent from 10 per cent:
Up to £125,000 - 0%; £125,000 to £250,000 – 2%; £250,000 to £925,000 – 5%; £925,000 to £1.5m: 10%; Over £1.5m – 12%

April 2016: New 3% surcharge applied to any buy-to-let properties or additional homes purchased.

July 2020: Rishi Sunak unveils SDLT holiday, with no tax to pay on the first £500,000, with buyers saving up to £15,000.

March 2021: Mr Sunak decides the fate of SDLT holiday at his March 3 budget, with expectations he will extend the perk unti June.

April 2021: 2% SDLT surcharge added to property transactions made by overseas buyers.

RESULTS

Argentina 4 Haiti 0

Peru 2 Scotland 0

Panama 0 Northern Ireland 0

THE%C2%A0SPECS
%3Cp%3EEngine%3A%204-cylinder%202.5-litre%20%2F%202-litre%20turbo%0D%3Cbr%3EPower%3A%20188hp%20%2F%20248hp%0D%3Cbr%3ETorque%3A%20244Nm%20%2F%20370Nm%0D%3Cbr%3ETransmission%3A%207-speed%20auto%0D%3Cbr%3EOn%20sale%3A%20now%0D%3Cbr%3EPrice%3A%20From%20Dh110%2C000%0D%3C%2Fp%3E%0A