Indian-American businessman Sanjay Govil is convinced Twenty20 cricket can be the next big cultural import into the United States, following a trail blazed by yoga and Bollywood-style weddings.
Cummins is one of cricket's most recognised players as a top performer in all three formats (test, one day and T20) who led Australia to the test and one-day world championships last year.
Two Indian engineers, who missed chances twice to buy Google nearly 10 years ago, have now raked in funds for their own site to rival the search engine giant. The Indian duo have received funds worth $20 million from media and entertainment conglomerate Time Warner for their search site -- Kosmix.
The US media world is suddenly agog with reports of Kosmix, a start up that could change the way people search the web, which also could be a potential threat to search engines like Google or Yahoo.
In a significant push to popularise cricket in the US, a $120 million funding has been secured from prominent Indian-American business leaders, including Microsoft CEO Satya Nadella and Adobe CEO Shantanu Narayen, to launch the first professional T20 league in the US. Major League Cricket (MLC), the first professional Twenty20 Cricket League in the US, announced Thursday that it has completed an initial close of a $44 million Series A and A1 Fundraising Round led by a group of America's leading business leaders. It said that with an additional commitment of $76 million in further fundraising over the next 12 months in place, MLC plans to deploy more than $120 million to launch the country's first-ever professional T20 league.
Hundreds of Indian companies are expected to go big, issue public issues and even acquired by top global IT firms.
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