Latest news with #SunilMathew
Scroll.in
4 days ago
- Business
- Scroll.in
Rush Hour: RBI cuts repo rate, four arrested in Bengaluru stampede case and more
We're building a brand-new studio to bring you bold ground reports, sharp interviews, hard-hitting podcasts, explainers and more. Support Scroll's studio fund today. The Reserve Bank of India's Monetary Policy Committee cut the repo rate by 50 basis points, lowering it from 6% to 5.5%. This is the third consecutive rate cut. Central banks usually reduce repo rates to stimulate economic growth by making borrowing cheaper for individuals and businesses. This translates to lower equated monthly instalments for borrowers. The RBI retained India's growth projection for the financial year 2025-'26 at 6.5% despite global uncertainties, with quarterly estimates unchanged. Read on. The Karnataka Police arrested four persons, including an official of the Royal Challengers Bengaluru, in connection with the stampede that took place outside the Chinnaswamy Stadium. Those arrested are Nikhil Sosale, the marketing head of the cricket franchise, along with event management firm DNA Entertainment Networks' Sunil Mathew, Kiran and Sumanth. This came after Chief Minister Siddaramaiah on Thursday said that the state government had ordered the arrest of representatives from the Karnataka State Cricket Association, DNA Entertainment Networks and Royal Challengers Bengaluru. A first information report was filed against the persons based on a complaint alleging that criminal negligence had led to the stampede. Eleven persons had died and several were injured in the incident on Wednesday. Fans had gathered to celebrate the team's victory in the Indian Premier League. Read on. The Congress described the Udhampur-Srinagar-Baramulla railway line as an example of 'continuity in governance', which it claimed had not been acknowledged by Prime Minister Narendra Modi for his 'perennial desire for self-glory'. The statement came ahead of Modi inaugurating the Chenab bridge on Friday. The world's highest railway arch bridge is part of the Udhampur-Srinagar-Baramulla rail link. Congress leader Jairam Ramesh said that the project was sanctioned in March 1995 when Congress' PV Narasimha Rao was the prime minister and that it was declared a national project in 2002 by Prime Minister Atal Bihari Vajpayee of the Bharatiya Janata Party. The contract for the Chenab bridge was awarded in 2005, Ramesh said, adding that several segments of the project had been inaugurated by the Congress-led United Progressive Alliance government.
New Indian Express
4 days ago
- New Indian Express
Bengaluru stampede: Police take officials of RCB, event management firm into custody
BENGALURU: In a joint operation, Central Crime Branch (CCB) and Cubbon Park police arrested four, including the Marketing Head of the RCB Franchise and two others from DNA Entertainment Private Limited in connection with the stampede outside Chinnaswamy stadium that claimed lives of 11 people and injured over 50. The arrests were made on Thursday night after the Cubbon Park police registered a suo moto FIR against the RCB Franchise, DNA Entertainment Private Limited and the Karnataka State Cricket Association(KSCA) Administrative Committee. The FIR was registered accusing them responsible for the deaths of 11 RCB fans during the stampede at different gates of the Chinnaswamy Stadium during the RCB team's maiden IPL trophy victory celebrations. Nikhil Sosale, Marketing Head of RCB Franchise, was arrested at Kempegowda International Airport while reportedly trying to flee. Sunil Mathew and Kiran of DNA Entertainment Pvt Ltd were also caught at the airport. The fourth arrested person's details are yet to be disclosed. All three were reportedly flying to Mumbai. Meanwhile DNA Entertainment Private Limited's owner Venkatavardhan, who is also the grandson of former Chief Minister Kengal Hanumanthaiah, is said to be absconding. Policemen also searched the houses of the office bearers of KSCA Administrative Committee who are said to be absconding.
Hindustan Times
4 days ago
- Sport
- Hindustan Times
Bengaluru stampede: Four RCB, event management firm officials taken into police custody
Four officials from the Royal Challengers Bangalore (RCB) and DNA entertainment networks private limited – an event management firm – were taken into police custody on Friday. According to news agency PTI, Nikhil Sosale — RCB's marketing and revenue head — and Sunil Mathew and Kiran Kumar from DNA Entertainment are among those undergoing questioning. The arrests come after a stampede incident near the M Chinnaswamy Stadium on Wednesday killed 11 people and injured over 50 others. A massive crowd had gathered near the Bengaluru stadium to celebrate RCB''s maiden victory in the Indian Premier League (IPL). The officials were taken into custody in a joint operation by the Bengaluru police and the crime branch, PTI quoted police sources as saying. Some of them were taken into custody from the Kempegowda International Airport, located on the outskirts of Bengaluru. This comes in the wake of an FIR registered in connection with the stampede, in which both RCB and DNA Entertainment were named. The Karnataka State Cricket Association (KSCA) has also been named in the complaint. The police action comes a day after Karnataka chief minister Siddaramaiah directed senior officers, including the DGP and IGP, to arrest representatives of event managers belonging to RCB and DNA entertainment. The Karnataka CM said that prima facie there had been an 'irresponsibility' and "carelessness" on both their parts. RCB, along with DNA entertainment and the administrative committee of the KSCA, was named in the FIR over the stampede incident in Bengaluru on Wednesday. The complaint was registered by the Cubbon Park police under sections sections 105 (culpable homicide not amounting to murder), 115 (Voluntarily causing hurt), 118 (voluntarily causing hurt or grievous hurt by using dangerous weapons or means), 190 (liability of members of an unlawful assembly for offences committed in pursuit of a common object), 132 (assault or criminal force to deter a public servant from discharging their duty), 125(12) (acts endangering life or personal safety of others), 142 (unlawful assembly) and 121 (abetment of an offence) of the Bharatiya Nyaya Sanhita.
Indian Express
4 days ago
- Sport
- Indian Express
Bengaluru stampede case: RCB, event management company officials among 4 arrested
Two days after the stampede in Bengaluru where people had gathered to celebrate Royal Challengers Bengaluru (RCB) winning the IPL, the police Friday arrested four people, including Nikhil Sosale of RCB management and Sunil Mathew of event management company DNA at the Kempegowda International Airport. The CM has also ordered the suspension of the city's police commissioner and other officers.
Mid East Info
03-04-2025
- Sport
- Mid East Info
BKFC Arrives in Dubai: World Title Fights, Global Stars, and a New Era for Combat Sports
The World League of Fighters orchestrated the first official BKFC conference at the Burj Al Arab on 2nd of April, partnering with Dubai Sports Council to announce the championship's Dubai debut. The prestigious gathering brought together WLF Co Founders Rajesh Banga and Sunil Mathew, Director of Dubai Sports Council Eisa Mohammed Sharif and BKFC Founder David Feldman. The press conference revealed plans for BKFC's inaugural Emirates event at Dubai Duty Free Tennis Stadium on April 4 and April 5, establishing it as a key fixture in Dubai's combat sports landscape and generating worldwide excitement Sharing the enthusiasm on the journey with Dubai sports council that will shape BKFC as the next global event in Dubai, co-founders Rajesh Banga and Sunil Mathew of World League of Fighters stated, 'It took us more than two years to bring it here because David has been instrumental in the growth of BKFC, which has become the fastest-growing combat sport in the world. We struggled to find the right calendar dates, but finally, we are here. We are extremely happy and ready to show that Dubai will be the best destination outside of America, thanks to our incredible partnership with David and BKFC.' The star-studded press conference brought together fighters from the two-day event, with April 4th featuring Carlos 'Snake' Trinidad and Austin Trout headlining for the Welterweight championship. Adding to the excitement, BKFC's trailblazing female Strawweight champion, Britain Hart, will take on Tai Emery in the women's main event, fighting for the Strawweight Championship. Following on April 5th, Tommy Strydom will challenge Kai Stewart for Featherweight supremacy, while Hannah Rankin and Jessica Borga square off in the second main event of the weekend Additional fighters from both April 4th and April 5th fight cards who attended the press conference included Sabah Homasi, Jonathan Tello, Aleksei Oleinik, Adel Al Tamimi, Vladislav Tuinov, Guto Inocente and John Philips Adding heartfelt tribute to World League of Fighters and Bare Knuckle Fighting Championship, Director of Dubai Sports Council Eisa Mohammed Sharif shares, 'We would like to thank World League of Fighters for bringing the BKFC event for the very first time in Dubai. I believe this combat sport is growing tremendously and we just want to see it grow here in the region, while we continue supporting it as Dubai Sports Council to witness the greatest fighters of all time to be here in Dubai and combat the challenge' By leveraging Dubai's proven infrastructure and governmental support systems, the forum addressed the global impact of combat sports in the Arab World and how Bare Knuckle seeks to value this support by introducing elite event opportunities for larger combat events in the future Founder and President of Bare Knuckle Fighting Championship, David Feldman also added, 'A huge thank you to the Dubai Sports Council and His Excellency for their support in this event. With four world title fights and 12,000 passionate fans, we are here to break record, that's what we do. Everywhere we go, we set new milestones, and now, we're ready to do the same in this beautiful city of Dubai. The energy here is incredible, and I couldn't be more thrilled' The World League of Fighters organization views Dubai's receptive sporting environment as the ideal platform to elevate bare-knuckle fighting's global profile. As presented by World League of Fighters in the conference, the platform aligns its priorities on offering world fighters and MMA enthusiasts the opportunity to experience Bare Knuckle Fighting under the roof of a globally renowned name in the world of combat sports. BKFC aims to contribute to the Emirate's vision of becoming a global sports capital while creating sustainable pathways for world fighting development
