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Cricketing legends to speak at Aaj Tak conclave in London
MUMBAI: India’s No. 1 Hindi news channel- Aaj Tak, is bringing the legends of cricket together on a mega cricket platform– Aaj Tak Salaam Cricket 2017 on 31st May in London to brainstorm and predict the winner of the upcoming Champions Trophy 2017.
The 08th edition of the bi-annual cricket tournament, second in importance only to the Cricket World Cup is scheduled to start on 1 June, 2017 in England. Eleven former Captains, Five Members of Champions Trophy Winning Teams and other superstars of the game will converge at the largest Cricket event being held just before the start of the tournament.
Prominent names from cricket word would include: Sunil Gavaskar, Kapil Dev, Shane Warne, Michael Clarke, Nasser Hussain, Graeme Smith, Kumar Sangakkara and Brendon McCullum. Legends Like these are now in London at Salaam Cricket 17’.
The day will start with the session – Master Stroke by Sunil Gavaskar, Former Captain & Member of the World Cup Winning Indian Team. This will be followed by a session by Australian Cricket Legend Shane Warne- Wow Warne!
The Champions of Captains session will be attended by former Captains- Michael Clarke, Australia, Kumar Sangakkara, SriLanka, Graeme Smith, South Africa and Mohammad Azharuddin, India while Sourav Ganguly, Shane Warne & Michael Clarke will share their views during session Warnie, Pup and Dada Show.
Former South Africa captain Graeme Smith, former England skipper Nasser Hussain, former Pakistan captains Rameez Raja, Amir Sohail and former Bangladesh captain Habibul Bashar will also speak at the event alongside Ganguly, Warne, Clarke and Azharuddin.
There will be a big clash between India and Pakistan before the match on June 4th as captains Kapil Dev, Sourav Ganguly, Mohammad Azharuddin, Rameez Raja and Aamir Sohail clash off the field in the session Superhit Muqabla-Indo-Pak Captains .
The cricket conference will be an all-day affair and it would be a chance for cricket aficionados to listen to some of the most well respected minds in the game.
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Reserve Bank of India cancels Paytm Payments Bank licence
Central bank cites compliance failures; curbs tighten as wind-up looms
MUMBAI: India’s banking watchdog delivered its sharpest blow yet to Paytm Payments Bank, cancelling its licence and effectively ending its ability to operate as a bank under the law.
The Reserve Bank of India said the entity can no longer conduct banking business under the Banking Regulation Act, citing concerns that its affairs were not being run in the interest of depositors or the public and that it had failed to meet licence conditions.
The move escalates a crackdown that has been building for months. The bank had already been barred from onboarding new customers since March 11, 2022, and later faced restrictions on deposits, credit and wallet top-ups. In January 2024, the central bank ordered it to stop accepting fresh deposits, pointing to persistent non-compliance, including lapses in customer due diligence, use of funds and technology systems.
Operationally, the bank is now on a tight leash. It may process withdrawals of existing deposits and facilitate loan referrals through banking correspondents, but it cannot take fresh deposits.
The central bank said it would apply to the high court to wind up the bank.
Paytm sought to ringfence the fallout. In a regulatory filing, it said the licence cancellation applies to Paytm Payments Bank Limited, a separate entity, and should not be attributed to One 97 Communications. It added that there is no exposure or material business arrangement with the bank and that it operates independently, without Paytm’s board or management involvement.
“As informed earlier, Paytm (One 97 Communications Limited) and its services, which have been operating without interruption, will continue to operate uninterrupted. These include the Paytm app, Paytm UPI, Paytm Gold and all other services offered by its subsidiaries and associated companies,” the company said.
The distinction may reassure users of the app ecosystem, but the regulator’s verdict is unequivocal. After years of warnings, caps and curbs, the payments bank experiment at Paytm is being shut down—decisively, and with little room left to manoeuvre.
