All posts tagged: Contracts

Why AFI wants to vet athletes’ contracts with sponsors

Why AFI wants to vet athletes’ contracts with sponsors

Published by Webster

4 min readApr 14, 2026 10:58 PM IST Earlier this month, the Athletic Federation of India (AFI) informed its players that they could no longer sign any commercial contract without them vetting the terms and conditions. Reliance Foundation Youth Sports, JSW Sports, ONGC Sports, GoSports Foundation and OGQ — entities that support and sponsor Indian athletes — were also made aware of the new order. This development would rock the boat with regards to the support system availed by these sportspersons. The athletes and the institutes that manage their affairs are sceptical about the AFI’s intervention. But there is more to the story. While on the face of it, this seems like a case of the federation trying to control its athletes, what cannot be overlooked was the need to streamline the system. Of late, there has been a bidding war between private sponsors to sign up athletes. Coaches and agents have also often acted as mediators to strike personal deals. There have been instances of athletes getting stuck in complicated contracts with no exit …

Lucy Hamilton, Ainsworth Earns Maiden Australia Central Contracts For 2026-27 Season

Lucy Hamilton, Ainsworth Earns Maiden Australia Central Contracts For 2026-27 Season

Published by Webster

Fast bowlers Chloe Ainsworth and Lucy Hamilton have received their maiden Australia Central Contracts, which include 18 women players. Australia’s engagement under 2026-27 contracts will be the 2026 T20 World Cup in England, where the team will aim to secure the title after an unexpected semi-final elimination in the previous two ICC tournaments. Nicola Carey, who declined a deal in 2023, was recalled earlier this year to face India and was also part of the recent tour of the West Indies. Meanwhile, Tayla Vlaeminck and Tess Flintoff are not retained from last year’s group. Alyssa Healy, who announced her retirement, has not been included in the Australian central contracts. Hamilton, who was likely to earn a contract, had impressed in her handful of appearances against India and the West Indies. A 20-year old Ainsworth is a notable inclusion having not featured in a senior squad. She made 194 runs at 97.00 including a maiden century. On the other hand, she claimed three wickets in seven matches. In the WBBL for Scorchers, she claimed 13 wickets at …

Supreme Court orders CBI probe into Arunachal public works contracts

Supreme Court orders CBI probe into Arunachal public works contracts

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The Supreme Court on Monday directed the CBI to register a preliminary enquiry within two weeks into the award of contracts for public works in Arunachal Pradesh to firms allegedly owned by family members of Chief Minister Pema Khandu. The apex court was told that government contracts and work orders worth around Rs 1270 crore were awarded in the last 10 years to four firms related to the family members of Khandu. The bench directed the CBI to file a status report before it in the matter within 16 weeks. This story has been sourced from a third party syndicated feed, agencies. Mid-day accepts no responsibility or liability for its dependability, trustworthiness, reliability and data of the text. Mid-day management/mid-day.com reserves the sole right to alter, delete or remove (without notice) the content in its absolute discretion for any reason whatsoever Disclaimer: We do not own any of the content, ideas, images, or text presented here. All rights belong to their respective owners. For more information and to view the original source, please visit the …

RBI tightens forex rules, bans non-deliverable Re contracts | Business News

RBI tightens forex rules, bans non-deliverable Re contracts | Business News

Published by Parlour News

3 min readMumbaiApr 2, 2026 01:51 AM IST The Reserve Bank of India (RBI) has directed authorised dealer (AD) banks to discontinue offering non-deliverable derivative contracts involving the Indian rupee to both resident and non-resident users, with immediate effect. The move is aimed at strengthening oversight in the foreign exchange derivatives market. According to the new guidelines, banks and other ADs are prohibited from entering into or facilitating any non-deliverable derivative transactions linked to the rupee. It is seen as part of a broader effort to curb speculative activity and enhance transparency in currency markets as the rupee has come under pressure in the wake of the West Asia conflict. The rupee, which had fallen below 95, closed at 94.81 against the dollar Wednesday. However, Wednesday’s directive provides some operational flexibility. Authorised dealers may continue to offer deliverable foreign exchange derivative contracts, provided these are strictly used to meet genuine hedging requirements of clients, the RBI said. Importantly, users availing such contracts must not simultaneously hold offsetting positions in non-deliverable derivatives. To ensure compliance, dealers …

Samantha Ruth Prabhu dreams women negotiating contracts across film industries becomes ‘most boring headline’ someday

Samantha Ruth Prabhu dreams women negotiating contracts across film industries becomes ‘most boring headline’ someday

Published by Parlour News

Actor Samantha Ruth Prabhu has spoken about her dreams for women and their careers in the film industry in the future. Speaking at a The Hollywood Reporter India event, she said that the film industry makes women “fight for everything twice as hard.” Samantha Ruth Prabhu has several films in the pipeline, such as Maa Inti Bangaram and Rakt Brahmand The Bloody Kingdom. Samantha Ruth Prabhu talks about women in Indian cinema Samantha shared how women adjust, sacrifice and apologise in their careers. “We adjust our schedules, our opinions, our ambitions so everyone around us is comfortable. And we do it so cheerfully and willingly that we don’t even register it as a sacrifice. Did you know women apologise nearly ten times more than men in the same situation? Imagine. Ten times more. So tonight I wanted to say this. Stop. I’m saying this with utmost humility and because I care. Stop. Because you deserve to take up the space you have earned. Credit is not a bad word. Ambition is not a character flaw. …

Ex-RG Kar principal awarded college’s contracts to cartel, got ₹70-L bribe: ED| India News

Ex-RG Kar principal awarded college’s contracts to cartel, got ₹70-L bribe: ED| India News

Published by Parlour News

Dr Sandip Ghosh, the controversial former principal of Kolkata’s RG Kar Medical College, gave all contracts of the institution to a cartel of firms owned by two individuals for which he charged 10-15% commission in cash, the Enforcement Directorate (ED) has claimed in its charge sheet filed last week, according to officials familiar with the development. The alleged bribes, worth around ₹70 lakh in total for contracts worth ₹6.89 crore, was received in cash and deposited in the bank accounts by showing it as professional fee for providing services at private clinics, the agency has claimed. (PTI) The alleged bribes, worth around ₹70 lakh in total for contracts worth ₹6.89 crore, was received in cash and deposited in the bank accounts by showing it as professional fee for providing services at private clinics, the agency has claimed. Ghosh, according to ED, was associated with four private clinics which he was not supposed to do as his designation in RG Kar was a “non-practicising” position. The federal agency filed a charge sheet against Ghosh, two vendors, …

Virat Kohli, Rohit Sharma Demoted in BCCI Central Contracts for 2025-26 Season

Virat Kohli, Rohit Sharma Demoted in BCCI Central Contracts for 2025-26 Season

Published by Webster

In a recent development, the Board of Control for Cricket in India has unveiled the BCCI Central contracts for 2025-26 season, where stalwarts Rohit Sharma and Virat Kohli have been demoted to Group B. The Indian sports governing body has released the list of 30 men and 21 women were announced on Monday. Meanwhile, the BCCI had removed the category of A+ grade and only three cricketers – Test and ODI captain Shubman Gill, Jasprit Bumrah and Ravindra Jadeja have been placed in Group A. Meanwhile, the Grade B category will include Washington Sundar, Rohit Sharma, Virat Kohli, KL Rahul, Mohammed Siraj and Hardik Pandya. On the other hand, the Grade C category will include Axar Patel, Tilak Varma, Rinku Singh, Shivam Dube, Sanju Samson, Arshdeep Singh, Prasidh Krishna, Akash Deep, Dhruv Jurel, Harshit Rana, Varun Chakravarthy, Nitish Kumar Reddy, Abhishek Sharma, Sai Sudharsan, Ravi Bishnoi and Ruturaj Gaikwad. The BCCI has not yet officially declared that the payment structure for 2025-26 will be different from the Central Contracts for 2024-25. As per the BCCI …

Calibrated capitulation: Congress claims govt planning to lift curbs on Chinese firms bidding for Indian contracts

Calibrated capitulation: Congress claims govt planning to lift curbs on Chinese firms bidding for Indian contracts

Published by Parlour News

Chinese President Xi Jinping and Indian Prime Minister Narendra Modi. File | Photo Credit: Reuters The Congress on Friday (January 9, 2026) cited a media report to claim that the Modi Government is now proposing to lift five-year-old curbs on Chinese companies bidding for Indian government contracts and claimed that this is “nothing short of a calibrated capitulation” to Chinese aggression. The Opposition party also demanded that Prime Minister Narendra Modi must explain his Government’s sudden “U-turns” on China policy during the forthcoming Budget Session of Parliament. Congress general secretary in charge of communications, Jairam Ramesh, shared on X (formerly Twitter) a media report which claimed that India’s Finance Ministry plans to scrap five-year-old restrictions on Chinese firms bidding for government contracts. There was no immediate response from the government on the claims. “Eight months after China gave full military backing (and fronting) to Pakistan during Operation Sindoor and was described by Deputy Chief of Army Staff Lt. General Rahul R. Singh as one of India’s ‘adversaries’, the Modi Government is now proposing to lift …

Alisha Chinai says she left Bollywood as singers were being made to sign ‘illegal’ contracts: ‘There was no fair play’

Alisha Chinai says she left Bollywood as singers were being made to sign ‘illegal’ contracts: ‘There was no fair play’

Published by Parlour News

Updated on: Nov 28, 2025 09:18 am IST Singer Alisha Chinai has opened up on her absence from Hindi film music over the last decade. Singer Alisha Chinai has had several huge hits under her belt. From Made in India to Kajra Re, her voice has been behind some of the most iconic Hindi tracks. Yet, she has been selective with her choices in Hindi film music. In a recent interview, the singer called it a conscious call, a sort of protest against the ‘illegal’ contracts that she said were being forced upon singers in the industry. Alisha Chinai has recorded a handful of Hindi films since 2010. Alisha Chinai slams Bollywood contracts In an interview with Free Press Journal, Alisha was asked what had kept her away from Bollywood. The singer responded, “To be honest, I was just bored with the Bollywood music. I felt a little burnt out as an artist. I wanted to do something different. So, I stayed away, and there were other reasons as well, like all the politics going …

Neetu Chandra stands in solidarity with the ban on Turkish artists, contracts

Neetu Chandra stands in solidarity with the ban on Turkish artists, contracts

Published by Webster

Actress Neetu Chandra spoke about boycotting Turkey, urging India to reject any country that supports terrorism. She emphasized that the nation must take a firm stand against countries backing terrorist activities to protect its security and values. Speaking out on the ongoing debate around boycotting Turkey, she emphasized that India must take a firm stand against nations backing terrorist activities to safeguard its security and values. Neetu told IANS, “I believe terrorism can never be justified, anywhere in the world. It’s always the innocent who suffer. Any country that supports terrorism should be boycotted by India. We’ve already suffered so much. My only appeal is—think carefully before you take any step. Our battle should be fought with humanity in mind, but as humans, we must act responsibly. Be very aware of where your support is going and what it stands for.” When asked whether the Indian film industry should take a stand on the situation in Turkey and Azerbaijan, Neetu explained that injustice anywhere casts a shadow far and wide — it’s impossible to address …