Razzaq turns down lucrative county offers to focus on Sri Lanka tour

Razzaq turns down lucrative county offers to focus on Sri Lanka tourNottingham, June 18 : Once bitten twice shy seems to be the case for Pakistan all rounder Abdul Razzaq, as he has turned down a series of county offers after making a come back in the national squad.

Razzaq returned to the international fray for Pakistan in the ICC Twenty20 World Championship after two years of suspension, after he and several other players terminated their respective contracts from the rebel Indian Cricket League (ICL).

HDIL secures permission to raise $600 million

HDILRealty firm Housing Development & Infrastructure Ltd (HDIL) has decided to raise $600 million (about Rs 2,875.67 crore) through private placement of shares to qualified institutional buyers.

The company informed that its shareholders at the Extraordinary General Meeting (EGM) held on June 17, has approved a plan to raise up to US$600mn or its Indian Rupee equivalent through issue of equity shares under Qualified Institutions Placement (QIP) to select institutions.

Edgbaston may host ''home'' Test in next years’ Pakistan-Australia series

Nottingham, June 18 : Pakistan could host Australia for a `home' Test match in Edgbaston next summer, as the Warwickshire County Cricket Club has shown much interest in staging one of the Test matches of the relocated Test series.

According to the sources, Edgbaston has emerged as the second possible venue after Old Trafford for Pakistan''s ''home'' Test series against Australia, and there is a big possibility that both the countries would play each other there if the two cricket board's confirms their plans to play the series in England.

The Chief Executive of the Warwickshire County Cricket Club, Colin Povey, said that he is eager to see two world class cricket teams fighting it out in Birmingham.

Sobha Developers gets nods to raise Rs 1500 crore

Sobha DevelopersSobha Developers, the Bangalore based real estate player, has informed that it has received approval from the shareholders of the company for raising Rs 1,500 crore and hiking Foreign Institutional Investor (FII) limit to around 100 per cent of the equity share capital of the company.

Under the arrangement, the company would raise Rs 1,500 crore from international markets by issuing shares through American Depository Receipts, Global Depository Receipts and from domestic routes through issuing warrants and debentures.

Amarnath yatra suspended for third consecutive day

Amarnath yatra suspended for third consecutive dayBaltal Sonamarg (J-K), June 18 : The annual Amarnath yatra was suspended from Jammu for the third consecutive day on Thursday due to rain and fresh snowfall.

No fresh batch was allowed to proceed from the base camp at Bhagwati Nagar in Jammu or from Baltal to the cave shrine.

Since the yatra started on Monday, only one batch of 900 devotees has left from the base camp at Jammu for onward journey to Baltal.

Major Taliban strongholds reclaimed by Pak Army : Malik

Major Taliban strongholds reclaimed by Pak Army : MalikIslamabad, June 18 : The Pakistan Army has reportedly claimed back some of the major strongholds of the Taliban, as it continued to pound the hideouts of the insurgents in Swat and Malakand.

Pakistan Prime Minister Yousuf Raza Gilani's Advisor on Interior Affairs, Rehman Malik said that the security forces have destroyed the Taliban's camps in several areas.

Malik said that the insurgents were now fleeing from the region due to the military offensive.

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