South Eastern Coalfields Ltd., a unit of state-run Coal India Ltd., has hired banks for an initial public offering in Mumbai that could raise as much as $800 million, according to people familiar with the matter. The coal producer has appointed ICICI Securities Ltd., SBI Capital Markets Ltd., Motilal Oswal Investment Advisors Pvt. and IDBI Capital Markets & Securities Ltd. to advise on the share sale, the people said, asking not to be identified because the information is private. South Eastern Coalfields aims to file a draft prospectus as early as December, the people said. Parent Coal India is expected to sell shares in the proposed offering, they added. Discussions are ongoing and details including the size and timing of the offering could change, the people said. Representatives for Coal India, South Eastern Coalfields and the banks didn't immediately respond to requests for comment. The potential listing would add to Coal India's efforts to take some of its sub...
Former South Africa player and star fielder Jonty Rhodes has picked the world's best fielder and it is none other than India's Ravindra Jadeja. While his all-round abilities with the bat and the bowl are just amazing, Jadeja is a gun fielder and stands out from the crowd in that domain. From pulling off breathtaking catches to effecting some sensational and crucial run-outs in the game, the star all-rounder has impressed one and all with his fielding on the ground. Jadeja rarely has have an off day in that beat.
When asked about the top three fielders in world cricket, Rhodes took only one name.
"Right now there is only one - Ravindra Jadeja," said the former South Africa star to Times of India in an interview.
Meanwhile, Rhodes credited the Indian Premier League for raising the standard of fielding.
The mega event started in the year 2008. So far, 15 editions of IPL have taken place and players have shown great level of fielding over the years. From boundary line catches to some stunning takes inside the circle, there is hardly any quality catch that would be missing in IPL.
"Only when IPL began, people really started focusing on fielding. Not every team had fielding coaches. There was enough time in 50-over matches. You had 3-4 good fielders and 6-7 guys didn't do great. But once IPL started, we saw growth in fielding. Since 2008, around 12-13 years have been amazing. Earlier, people spoke about fielding but there were only 3-4 good individuals. But now, as a team we have seen the growth of fielding go through the roof," said Rhodes.
from NDTV News- Special https://ift.tt/V9KJyoR
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