date

PCB: Won't agree for Asia Cup cancellation to accommodate IPL

Pakistan Cricket Board chairman Ehsan Mani has asserted that the PCB will not agree to cancelling the Asia Cup, scheduled in the UAE in September, to make room for the Indian Premier League, which has been postponed due to the COVID-19 pandemic. The IPL was to be held from March 29 to May 24 but has been postponed indefinitely because of a extended lockdown to combat the deadly virus in India. "I have read and heard about these speculations but right now just remember that having or not having the Asia Cup is not a decision between Pakistan and India it involves other countries as well," asserted Mani here on Tuesday.

Pakistan were to host the event but it was shifted to Dubai and Abu Dhabi after India expressed reluctance to come here owing to security concerns and the strained diplomatic ties between the two countries. "...it is important to have the Asia Cup if cricket activities resume by then because development of Asian cricket depends on funding from the tournament. It is important for many countries who are members of the Asian Cricket Council," he added in a podcast released by the PCB.

However, he also conceded that holding the Asia Cup this year is a big challenge because right now "we don't know if it can be held or not." "But if the conditions change and we can have the Asia Cup, it must be held as earnings from it are distributed as development funds to member countries for next two years," he said.
He said reports about the Asia Cup being hosted by Bangladesh or UAE were mere speculation at this stage.

Speaking about another big event, Mani warned that if the T20 World Cup, to be held in Australia in October-November, is postponed, the financial fallout will be big for many countries. "The financial impact will be felt by many countries if the ICC can't distribute their shares from the tournament. Many countries including Pakistan will feel the pinch," he admitted.

Mani confirmed that Pakistan was to receive around USD 7 to 8 million in June and January. "Pakistan is fortunate it has good financial controls in place and in short term, it will be better off than most countries if the lockdowns continue because of the coronavirus pandemic," he claimed. "We are to get 7 to 8 Million dollars from the ICC in June but we know they might not come so we have planned accordingly," he added.

On whether Pakistan's forthcoming tours to Holland, Ireland and England between late June and August will gohead, Mani said the PCB was prepared for disruptions.
But he ruled out resumption of international cricket in empty stadiums. "Empty stadiums also offer their big challenges as teams have to travel by air and stay in hotels so the risks start there. The logistical arrangements have to be manageable," he explained. Mani said Pakistan was prepared to show goodwill and flexibility and support the hosts of these tours.

"We wouldn't mind if two series are held at the same time like one team playing Tests and another white-ball cricket. In these difficult times we need to support each other," he said. Mani also revealed that Pakistan had shown interest in hosting several ICC tournaments to be held between 2023 and 2031, including the ICC Youth Cup and World Cups.

"Unfortunately the last time the cycle of ICC events were bid for the big three, India, Australia and England distributed all the main events among themselves. This time I can say there are more countries interested in hosting the events," he said.

Catch up on all the latest sports news and updates here. Also download the new mid-day Android and iOS apps to get latest updates.

Mid-Day is now on Telegram. Click here to join our channel (@middayinfomedialtd) and stay updated with the latest news

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




date

Coronavirus vaccine update: List of countries that are closest to finding a treatment

Coronavirus vaccine: World leaders and organisations, except the United States, have already pledged $8 billion to research, manufacture and distribute a possible vaccine and treatments for COVID-19 apart from the individual efforts taken by the countries and its pharmaceutical firms




date

Share Market Update: Sensex ends 199 points higher, Nifty at 9,251; HUL, Sun Pharma, Dr Reddy top gainers

Sensex, Nifty Live News Today: SBI Cards and Payment Services, Adani Gas, Shree Cement, Procter & Gamble Hygiene & Health Care, Reliance Power, Reliance Infrastructure, Reliance Home Finance, Reliance Capital among others will be reporting their March quarterly results today




date

Tax-News.com: Singapore Updates Guidance On Transfer Pricing Regime

The Inland Revenue Authority of Singapore on February 23, 2018, released the fifth edition of its Transfer Pricing Guidelines for income tax.




date

Tax-News.com: Singapore Updates Guidance On 2020 GST Reverse Charge Change

The Inland Revenue Authority of Singapore has updated its guidance on the introduction from January 1, 2020, of an obligation on Singaporean taxpayers to collect GST on imported services under a reverse charge.




date

Tax-News.com: CRA Provides Update On Tax Avoidance Crackdown

Canada's Revenue Minister has provided an update on the progress made by the Government in addressing tax evasion and aggressive tax avoidance.




date

Tax-News.com: Malaysia Updates Mutual Agreement Procedure Guidelines

Malaysia's Inland Revenue Board on January 11, 2018, released guidelines on applying for the resolution of double tax cases through the Mutual Agreement Procedure.




date

Tax-News.com: Cyprus Extends Tax Compliance Dates In Light Of COVID-19

The Cyprus Government has announced a number of extensions to tax return filing dates.




date

Tax-News.com: UK Updates VAT Guidance For Online Marketplaces

HM Revenue and Customs has updated its value-added tax guidance for online marketplaces and for suppliers using them to sell to UK consumers.




date

COVID-19 Vaccine Candidate Shows Promise

A potential new vaccine against SARS-CoV-2, the new coronavirus causing the COVID-19 pandemic has been announced by University of Pittsburgh School of Medicine scientists.




date

New Malaria Vaccine Candidate Revealed

A promising new strategy for combating malaria, a mosquito-borne parasite that claims nearly a half-million lives each year has been discovered by researchers.




date

Tax-News.com: OECD To Provide Another Update On Int'l Tax Reform Work

The OECD has announced that the next Tax Talks webcast will be held on October 9. It will update stakeholders on its work to develop new international tax rules.




date

Tax-News.com: OECD Provides Update To G20 On BEPS Work

In a new report for G20 ministers, the OECD has provided an update on its work to tackle tax base erosion and profit shifting relating to multinational businesses.




date

Tax-News.com: Malta Updates Guidelines On Automatic Exchange Of Account Info

Malta's Commissioner for Revenue on January 2, 2020, issued a single set of guidelines on the automatic exchange of financial account information.




date

Tax-News.com: EU Updates Tax Blacklist

The EU has removed two countries from its list of non-cooperative tax jurisdictions and found a further five to have met their commitments on tax cooperation.




date

Tax-News.com: EU Updates Tax Blacklist

The EU has removed two countries from its list of non-cooperative tax jurisdictions and found a further five to have met their commitments on tax cooperation.




date

Tax-News.com: Canada Provides Update On Anti-Evasion Work

The Canada Revenue Authority is auditing over 750 taxpayers with suspected links to offshore "tax havens" and investigating 20 cases of tax evasion, the Government has said.




date

Tax-News.com: OECD Provides Update To G20 On BEPS Work

In a new report for G20 ministers, the OECD has provided an update on its work to tackle tax base erosion and profit shifting relating to multinational businesses.




date

Tax-News.com: Ireland Updates Guidance On EU Exit Tax On IP Flight

The Irish Revenue has updated its guidance on Irish exit tax legislation to reflect changes introduced by Finance Act 2019.




date

Tax-News.com: Costa Rica Ratifies Updated TIEA With US

On November 12, 2019, a law was published in the official gazette of Costa Rica which ratifies the updated Tax Information Exchange Agreement with the United States.




date

Tax-News.com: US IRS Updates Virtual Currency FAQs

The United States Internal Revenue Service has recently updated its list of frequently asked questions and answers on the tax treatment of transactions involving virtual currencies.




date

Tax-News.com: OECD Updates List Of International COVID-19 Measures

On April 9, 2020, the OECD released an update to a spreadsheet hosted on its website that maps out all the various tax policy responses countries have taken to support individual and corporate taxpayers following the outbreak of COVID-19.




date

Tax-News.com: Luxembourg Approves Update To French DTA

On November 15, 2019, Luxembourg's Council of Ministers approved a protocol to the 2018 double tax treaty with France, making changes to the way cross-border workers are taxed.




date

Tax-News.com: France Updates Tax Blacklist

On January 6, 2019, a decree was published in the French Official Journal to modify the list of non-cooperative states and territories in tax matters.




date

COVID-19 Update: Cases in India Crossed 23,000

In India, 23,077 people have been found infected by COVID-19 so far. Of these, 17,610 cases are active while a total of 4,748 have recovered. According




date

COVID-19 Updates: Delhi Govt Steps Up Efforts To Protect Its Employees

The Delhi government has stepped up its efforts in order to protect its officials and employees from coronavirus pandemic. Nikhil Kumar, who is currently




date

Kidney Paired Donation is an Excellent Option for Transplant Candidates, Says Study

A national kidney paired donation program is a safe and effective way to treat patients with incompatible living donors, revealed study. In kidney paired




date

ICICI Bank Limited - Updates

ICICI Bank Limited has informed the Exchange regarding 'Information for the half year ended March 31, 2020'.......




date

HDFC Asset Management Company Limited - Analysts/Institutional Investor Meet/Con. Call Updates

HDFC Asset Management Company Limited has informed the Exchange regarding Analysts/Institutional Investor Meet/Con. Call Updates - Revised......




date

Ester Industries Limited - Updates

Ester Industries Limited has informed the Exchange regarding 'Resumption of manufacturing operations of Engineering Plastic Segment'.......




date

Mohit Industries Limited - Updates

Mohit Industries Limited has informed the Exchange regarding 'Certificate in the matter of Regulation 74(5) of Securities and Exchange Board of india (Depositories and participants) Regulations, 2018 for the Quarter and......




date

Sundaram Brake Linings Limited - Updates

Sundaram Brake Linings Limited has informed the Exchange regarding 'Certificate under Regulation 74 (5) of the SEBI (Depositories and Participants) Regulations, 2018 for the quarter ended 31st March 2020'.......




date

Kotak Mahindra Bank Limited - Updates

Kotak Mahindra Bank Limited has informed the Exchange regarding 'Pursuant to Regulation 47 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, we enclose a......




date

HDFC Asset Management Company Limited - Financial Result Updates

HDFC Asset Management Company Limited has submitted to the Exchange, the financial results for the period ended March 31, 2020.......




date

Adani Transmission Limited - Updates

Adani Transmission Limited has informed the Exchange regarding 'Outcome of Board Meeting - Disclosures as per Regulation 52(4) and (5) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015'.......




date

MBL Infrastructures Limited - Updates

MBL Infrastructures Limited has informed the Exchange regarding 'Certificate under Regulation 74(5) of the SEBI (Depositories and Participants) Regulations, 2018.'.......




date

The Motor & General Finance Limited - Updates

The Motor & General Finance Limited has informed the Exchange regarding 'Submission of Shareholding Pattern for the quarter ended March 31,2020'.......




date

Vardhman Holdings Limited - Updates

Vardhman Holdings Limited has informed the Exchange regarding 'shares dematerialised during the month ended 30th April, 2020'.......




date

Ashiana Housing Limited - Updates

Ashiana Housing Limited has informed the Exchange regarding 'Submission of Compliance Certificate under Reg 54 (5) of SEBI (Listing Obligations and Disclosure Requirement) Regulations, 1996 for the Quarter ended 31st March......




date

Sequent Scientific Limited - Analysts/Institutional Investor Meet/Con. Call Updates

Sequent Scientific Limited has informed the Exchange regarding Analysts/Institutional Investor Meet/Con. Call UpdatesPursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015,......




date

Pudumjee Paper Products Limited - Updates

Pudumjee Paper Products Limited has informed the Exchange regarding 'Intimation regarding Operations Update of the Company under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.'.We would like......




date

Greenlam Industries Limited - Updates

Greenlam Industries Limited has informed the Exchange regarding 'This is to inform that as required under Regulation 74(5) of the SEBI (Depositories and Participants) Regulations, 2018, Registrar and Share Transfer Agent......




date

Gyscoal Alloys Limited - Updates

Gyscoal Alloys Limited has informed the Exchange regarding 'Certificate under Regulation 74(5) of SEBI (Depositories and Participants) Regulations, 2018 for the period ended 30.06.2020'.......




date

DIC India Limited - Ex-Date: 10-Jun-2020

ANNUAL GENERAL MEETING/DIVIDEND - RS 4.50 PER SHARE




date

Voltamp Transformers Limited - Ex-Date: 18-May-2020

INTERIM DIVIDEND




date

SBI Cards and Payment Services Limited - Ex-Date: 15-May-2020

INTERIM DIVIDEND




date

Ambuja Cements Limited - Ex-Date: 19-May-2020

INTERIM DIVIDEND




date

Godrej Consumer Products Limited - Ex-Date: 20-May-2020

INTERIM DIVIDEND




date

JM Financial Limited - Ex-Date: 15-May-2020

DIVIDEND - RS 0.20 PER SHARE




date

Kansai Nerolac Paints Limited - Ex-Date: 12-Jun-2020

ANNUAL GENERAL MEETING/DIVIDEND - RS 3.15 PER SHARE