
Boat clubs urge government to announce CBL-V schedule
The demand to announce the schedule of the 2025 Champions Boat League (CBL-V) is growing louder. Last week, the date for the 71st edition of the Nehru Trophy Boat Race (NTBR) was announced, scheduled for August 30. Until 2023, the NTBR served as the opening race of the CBL season. However, last year, NTBR was not part of the CBL, but acted as the qualification event for the league.
Boat clubs have urged the Tourism department to announce the schedule for CBL-V, either by designating the NTBR as the inaugural race or by launching the league immediately after it.
'We have prepared a budget of ₹1.5 crore for the upcoming season. Prior to the NTBR, a 40-day training session will be conducted. If there is a gap between the NTBR and the CBL, it will affect the physical condition of the rowers. We will have to incur additional expenses to maintain their fitness. The government should either make the NTBR the first race of the CBL or start the league immediately after it,' said Suneer A., working president of the Pallathuruthy Boat Club (PBC).
Meanwhile, boat clubs that competed in CBL-IV said they were facing a financial crunch, as the government had yet to fully distribute the bonus and prize money, several months after the season concluded. Unlike previous editions, which featured 12 races, CBL-IV was limited to just six.
Pending payments
All nine clubs that participated in CBL-IV are eligible for a ₹3 lakh bonus per race. While the bonus for four races has been disbursed, clubs are still awaiting payments for the final two races.
Additionally, the overall CBL champion is awarded ₹25 lakh, while the runner-up and third-place teams receive ₹15 lakh and ₹10 lakh, respectively. Payments for the overall standings of CBL-IV remain entirely pending. However, the prize money for individual race winners has been paid. The top three finishers in each race received ₹5 lakh, ₹3 lakh and ₹1 lakh, respectively.
The 2025-26 State Budget has set aside ₹8.96 crore for the CBL, a reduction compared to previous years. In 2024-25 and 2023-24, the government allocated ₹9.96 crore and ₹12 crore, respectively. The 2022-23 Budget had earmarked ₹15 crore for the league.
In 2024, PBC retained the CBL title for the fourth time in a row. Village Boat Club and Niranam Boat Club ended the championship in second and third spots, respectively.
Hashtags

Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles


News18
4 hours ago
- News18
This Small-Cap Retail Stock Plunged 74% On Monday, What Triggered The Nosedive?
V-Mart Share Price: V-Mart Retail shares adjusted by 74 per cent on Monday following a bonus issue in the ratio of 3:1. The price dropped to Rs 921.90 per share from Rs 3,558 per share. This price adjustment occurs when the number of a company's shares increases due to bonus, split, or rights issues, aligning with the new price. As a result, the value of investors' holdings remains unchanged, but the number of shares they hold increases. Founded in 2002, V-Mart is an omni retail store chain for the complete family, offering fashion apparel, footwear, home furnishings, general merchandise and Kirana. Primarily focusing on Tier II and Ill cities, V-Mart is present pan-India with an average store advetisement size of 8,000 sq. ft. It follows the concept of 'value retailing' by fulfilling the growing aspiration of the rapidly expanding middle class for affordable, high-quality fashion. V-Mart Retail Bonus Issue 2025 The Board of Directors in its meeting held on May 02, 2025 has approved, subject to shareholder approval, the issue of 3 fully paid bonus equity shares for every 1 fully paid equity share of face value Rs 10. The Board of Directors has fixed Monday, June 23, 2025 as the Record Date for the purpose of determining the equity shareholders of the Company eligible for bonus equity shares of the Company. The bonus issue aims to make stocks cheaper for retail investors and so increase the liquidity. V-Mart Q4 FY25 Results The company posted a 17% year-on-year (YoY) growth in revenue from operations, reaching Rs 3,254 crore in FY25 compared to Rs 2,786 crore in FY24. EBITDA rose sharply by 77% to Rs 377 crore from Rs 213 crore in the previous year, showcasing improved operational efficiency. The company also turned profitable, reporting a net profit of Rs 46 crore in FY25 as against a loss of Rs 97 crore in FY24. For the fourth quarter, V-Mart recorded revenue of Rs 780 crore, up 17% YoY from Rs 669 crore in Q4 FY24. EBITDA for the quarter surged 70% to Rs 68 crore from Rs 40 crore, while net profit stood at Rs 19 crore, a notable recovery from a loss of Rs 39 crore in the same quarter last year. The Company remains focused on its store expansion plan, opening 13 new stores and closing 4 stores during the quarter. For the full year FY25, it added 62 new stores and closed 9.


Time of India
13 hours ago
- Time of India
Cancer Daily Horoscope Today, June 23, 2025: Divine redirection may be the blessing
Today brings a change in direction—and it's not a mistake. What feels like a delay, a detour, or even a disappointment may actually be divine redirection. You might not understand the purpose right away, but trust that the universe is clearing the way for something better. Let go of control and allow the shift. A softer path may appear where you least expected. You're not being denied—you're being guided. Stay open to possibilities that don't look like your original plan. Cancer Love Horoscope Today In love, emotional honesty is needed, especially if something has recently changed. If in a relationship, a different approach to a problem may bring more peace than repeating the same talk. Accept that growth may look different than what you pictured. If single, a person from the past or a surprising new connection may bring lessons you weren't expecting. Let go of what you 'should' feel and notice what your heart is actually saying now. Cancer Career Horoscope Today In career, a sudden change in your task, team, or routine could feel unsettling, but it's pointing to something more aligned. Don't resist—explore. A path that seemed certain may turn, but what lies ahead will match your growth better. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Has Honda Done It Again? The New Honda CR-V is Finally Here. TheFactualist Undo Stay adaptable, not fearful. Your intuition knows where you belong, even if the map has shifted. A new idea or invitation today could bring long-term success, even if it feels uncomfortable now. Follow the new rhythm—it's not wrong, it's real. Cancer Money Horoscope Today Money matters may shift today—an unexpected bill, delay in payment, or sudden decision may arise. Don't panic. Instead, pause and reassess. This detour is showing you where you need more planning or better support. It may also help you see where you've been wasting energy. A small change in habit today could save much later. Trust that this change is preparing you for greater financial clarity. Let go of frustration and lean into awareness. Cancer Health Horoscope Today Your health may feel delicate today if stress has been building. These are not random—they're signals from your inner self. Don't ignore small signs. A detour in your day, like an unplanned rest or change in routine, might be what your body needs most. Choose warm, soft food, stay hydrated, and allow yourself to pause. Healing is happening in the pause. Let this shift lead you toward deeper balance. Discover everything about astrology at the Times of India , including daily horoscopes for Aries , Taurus , Gemini , Cancer , Leo , Virgo , Libra , Scorpio , Sagittarius , Capricorn , Aquarius , and Pisces .


Time of India
17 hours ago
- Time of India
Kerala Startup Mission signs agreement to support agri tech startups and farmers
Thiruvananthapuram: Kerala Startup Mission (KSUM) has inked a performance-based condition (PBC) agreement with agriculture department's KERA project to provide innovative solutions tailored to the needs of local farmers and agri-food enterprises. Under this PBC agreement, KSUM will select 150 agri-tech startups across the state to address specific challenges. This is intended to benefit at least 40,000 farmers. KERA is a World Bank-funded project under investment project financing for the agriculture sector of the state. The PBC framework represents an innovative, results-driven approach to funding allocation. In this model, funds or payments to the implementing agency are disbursed only after achieving predefined results. KSUM CEO Anoop Ambika said that this performance-oriented strategy not only encourages optimal performance but also allows the implementing agency considerable autonomy in how to utilise funds to meet set targets. It promotes greater accountability by directing resources to frontline operations, enabling decision-making and strategic resource allocation based on real-time performance indicators. Selected startups will receive a grant of Rs 25 lakh each. An initial grant of Rs 20 lakh will be allocated for product development (PBC1), which covers idea development (innovation/seed fund), research and development, product testing, technology commercialisation, production, scaling up existing facilities, working capital for business operations and other related activities. The subsequent grant of Rs 5 lakh will support product adoption by end users (PBC2), addressing product demonstration, market testing, pilot product launch, sales and marketing and other related activities.