When you have played cricket for as long as S A C HIN TENDULKAR and SHANE WARNE, it’s hard to stay away from it after retirement. So, it’s not surprising that the duo plans to start aT20 league with former greats. They have offered 28 ex-players contracts worth $25,000 a match for 15 T20 games over a 42-month period — the first set of which kicks off in the US this year. “Warne hinted that he and Tendulkar had formed a business that would be launching during the year,” said a newspaper.

K.V. KAM ATH, the non-executive chairman of ICICI Bank and software major Infosys, will now head the $100-billion BRICS bank or New Development Bank (NDB). Ka- math will quit his posts and move to Shanghai to take charge for a term of five years. “I am honoured and humbled that the government has nominated me…,” he said. “I look forward to the establishment of the bank and commencement of its operations in the service of BRICS nations.”
Building BRICS

Up The SoftBank Ladder

India-born NIKESH ARORAhasbeen appointed presi­dent of Japan’s SoftBank and named as a potential successor to CEO Masayoshi Son. “Yes. He’s 10 years younger than me, and he has more abil ities than me,” Son said when asked if Arora was a potential candidate to succeed him. Before joining SoftBank last July, Arora was one of the most powerful Google executives and the highest paid in 2012, when he made $51 million in cash and stock.

THE KNIGHT BOWS OUT

DAVID LETTERMAN, the man who transformed the sleepy late- night TV format in the US with Late Night With David Let- terman, is set to close his career after 33 years as a host — the longest late-night tenure ever. Known for his brusque manner of interviewing guests on his show, Letterman turned signa­ture segments like Stupid Pet Tricks and his Top 10 list into American cultural institutions. He ran into controversy after admitting he had had sex with some female staff members.

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