Join us on: SportzPower Evening Edition www.sportzpower.com Dec 28 Vol 01, Issue 11 TODAY'S TOP HEADLINES International Taekwondo-Do Federation suspends Indian unit: Report After action by the IOC and Aiba, the International Taekwondo-Do Federation has followed suit in suspending its Indian unit for "violating the Olympic Charter" Venky's sack new Blackburn manager as run of losses unabated Continuing downward spiral of Blackburn Rovers FC sees its owners, Pune based poultry major Venky's, attempt yet another management overhaul 3rd India-Oz Test shifted from Kanpur to Hyderabad Board of Control for Cricket in India changes the schedule for the upcoming tour by Australia, moving the third Test from Kanpur to Hyderabad AIFF calls core committee meeting Saturday to decide Mohan Bagan case AIFF calls core committee meeting to decide what action to take in the wake of Mohun Bagan's walkout in an I-League derby against East Bengal earlier this month Aircel Chennai Open attracts all three top Indian doubles players; Paes joins Bhupathi and Bopanna Paes is pairing with Roger Vasselin and will be looking to complete a hat-trick in Chennai following the 2011 and 2012 titles PGTI announces calendar for Jan-May 2013 The Professional Golf Tour of India’s season will tee-off with the Euro 200,000 Gujarat Kensville Open in Ahmedabad on January 31, which will be followed by six back to back events being played till March 17, 2013 HI inducts Mumbai Hockey Association into its fold Hockey India now has six associate members, with 30 affiliated members and two other members through state Olympic Associations LATEST HEADLINES. AIFF confirms international friendly against Palestine Longines becomes FEI top partner with historic long-term deal Emirates and ATP announce new global partnership Headliner – Penny-Wise: Tax Structuring by Athletes through Incorporation It has become a fairly regular and widely accepted practice among many high profile athletes to incorporate separate legal entities. These legal entities are usually in the form of ‘loan out’ corporations wholly owned by the athlete. Typically the athlete then becomes an ‘employee’ of his own corporation, and the primary function of such corporation is to loan out the services or the image rights of the athlete to third parties. FROM THE HOME PAGE VIEW POINT Why Pepsi and Aircel should be worried SPORTZPOWER VIEW - It will do no good for these big brands and similar others associated with the IPL to be seen supporting an event which is perceived as the root cause for the falling standards of the game, leading to national shame COMMMENTARY A Word About The Pause Ability value of the pause. It illuminates perspectives, on how even in a high adrenaline laced environment, there is always more time than one thinks one has