Tag: India

InstaReM’s digital money-transfer push focuses on South Asia/India market

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A photo after the media interaction.

By SAT News Desk

MELBOURNE, 22 March: India and Philippines are the countries which get the largest amount of remittances from Australia. Running into millions of dollars, no doubt, it’s a massively big and lucrative money transfer industry which has attracted many big and small companies. InstaReM, Singapore-headquartered, is one of them operating here since 2015 with 15,000 customers. It’s different because of its pure digital cross-border payment system operating successfully in the Australia-to-South Asia/India corridor. Its operations cover 55+ countries.

In a briefing to select South Asian media and community leaders, Vinoth Manoharan, Country Manager of InstaReM, said, “The South Asia/ India corridor is very exciting for InstaReM, and we strive to deliver the best quality experience to our Indian and other South Asian customers. This audience often tells us that convenience is important to them when conducting remittances. We have heard their message loud and clear and are pleased that our focus on customer experience and convenience has resulted in a strong 24 percent volume growth in the Australia-to-South Asia corridor, led by Australia-India traffic last year.”

“My father regularly remits money back home to South Asia and used to be hesitant about
transferring money online. After experiencing great convenience in his first digital
transaction with InstaReM, the notion of taking time to visit a physical branch or an agent
does not make sense to him anymore!”

“His situation is not unique – many of the South Asian diaspora living, working, and studying
in Australia need to conveniently send and receive money and we know how important it is
to make the process as smooth as possible,” continued Mr Manoharan.

A lively Q-A session was revealing with company officials including Vinoth, Karan and Taylor answering to issues facing customers. On a question by SAT, Karan said, people who transfer money via the outlets end up giving bigger commissions. So, he feels, customers need to be educated tro take the digital route.

Unlike other money transfer companies, InstaReM money can only be transferred overseas through their App or website. The company possessed $ 250 million transactions in 2018.

India is the second largest global remittance market for Australia, with AUD$2.74 billion
transferred from Australia to India in 2017. World Bank statistics show migrants in Australia
sent close to AUD$23.816 billion overseas in 2017.

During the briefing session, InstaReM laid out the firm’s focus on understanding and
delivering on the unique needs of the South Asian/Indian diaspora in Australia through the unique positioning of five core benefits:
1. Zero-Margins on Foreign Exchange rates
2. Low Transaction Fees
3. Absolute Transparency in Costs
4. Speed of Settlement
5. Convenience

A Finder.com.au study found 12 percent of people in Australia provide financial assistance
for relatives overseas and 32 percent have sent money abroad at least once; around half of
those as a gift and just over one third to support relatives, says an InstaReM media release.

For more information, visit https://www.instarem.com/

Bleeding blue at the MCG as India take ODI series 2-1

By SAT sportsdesk

Melbourne: The MCG was bathing in a sea of blue on friday as India took their winning form into the 3rd and final one day international of the 2018/19 tour of Australia. At the innings break, Australia were 230 all out, with Yuzvendra Chahal starring for India to take 6 wickets for 42 runs in his 10 overs.

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Top scorer for Australia was  Peter Handscomb with 58 runs off 63 balls. Usman Khawaja 34 and Shawn Marsh 39 made valuable contributions but could not covert their innings into a big one. With 230 runs being a below par score, Australia were hoping for their new pace factory Richadson, Stanlake and Siddle to make early inroads into the strong India batting lineup.  Like the first ODI they were hoping to take out top order Dhawan, Rohit and Kohli cheaply to put pressure on the Indian middle order. Rohit and Kohli are in fine form after making centuries in the first and second ODIs.

Siddle did take Rohit Sharma’s wicket early on and Dhawan got out to Stonis in the 16th over. Dhoni was promoted to number 4 in the absence of regular #4 Raidu and gave a chance to Stoinis on his first ball but Maxwell could not hang on. Earlier, Kohli was also dropped on 10 by Peter Handscomb at slip. There were also two close run out chances that the Aussies missed. Without scoreboard pressure, Finch had no choice but to bring in the field. The experience of Kohli and Dhoni, with more than 20000 international runs between them, was expected to take India through to an easy win. However, with Dhoni playing slow and farming the strike, Kohli’s rhythm was disrupted and he nicked one to the keeper in frustration. Out came young Jhadhav and formed an important partnership with Dhoni to get the ask to 59 runs off 53 balls. Then something in Dhoni’s brain clicked to play a maiden off Zampa’s last over and the ask suddenly became 50 off 33 balls ,much to the pleasure of the fox sports commentators who called it game on for Australia. Dhoni (87 not out) had the last laugh by increasing the scoring rate with Jadhav (61 not out) to complete another successful chase and win the series. The old master showed how its done in style – keep wickets in hand and take the chase deep into the final overs of the game. India ended their most successful tour on Australian soil winning the test series 2-1 and now the ODI series 2-1

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Indian fans once again attended the MCG in big numbers giving a feeling of an India home game at the Eden Gardens. The Australia cricket fans seem to taken to the fast pace of the Big Bash and Cricket Australia will have to review the scheduling to keep the international games relevant in their minds. It would have been great to see the MCG full if the fans of both teams attended in force. Friday being a working day, the Australian Open along with the absence of run machines Stephen Smith & David Warner would have also played a part.

Kohli sheds limelight as Indian fans cheer success

By SAT Sports Desk

Sydney:  As India continued its march towards a series win over Australia on day 3 of the SCG test between India and Australia, the Indian supporters celebrated the heroes of the Indian team in the test. The latest chant from the Bharat Army was “Anhone ko hone karde, hone ko anhone, Jaddu-uu, Kulde-eep, Vi-haaa-riii” (Jadeja, Kuldeep, Vihari made the impossible possible). Jadeja and Kuldeep are considered India’s spinning weapons on the traditional SCG pitch which normally takes the spin on or after day 3 of the test match. Their bowling will be crucial for India to win this game as they have to take 20 wickets on a flat pitch not offering the seamer much. 

Middle-order batsman, Vihari made an important 42 runs in the first innings of this test batting at number 6 before being given out on review. At the MCG test, he soaked up valuable time as the makeshift opener to take the shine of the new ball. Other important contributions have come from Pujara with 3 centuries as the leading run scorer for India and Rishabh Pant with his 155 not out in the SCG test.

He has also made valuable 30 odd scores throughout the test series, to become India’s second highest scorer after Pujara and also has shown incredible energy behind the stumps in his wicketkeeper role. He had a verbal duel with Australian skipper at the MCG test, in which Tim Paine famously invited him to babysit his kids and later Paine’s wife posted a photo of Pant with their kids on Twitter and comments – “Best Babysitter”.

pant_babysitter

India’s captain Virat Kohli has had a quiet series comparatively, with the highlight being his century in the Perth test which was a losing cause for India. Not that he would be complaining! His teammates have performed and have India on the verge of a historic test series win in Australia. The media has been fascinated with Kohli and the way he has captained the Indian team. There were also high expectations from his batting given he made 4 centuries on India’s last tour to Australia.

The Aussie team may have planned to keep Kohli quiet as a tactic to keep the Indian team on the back foot, reminiscent of the days when Tendulkar was playing in the team and taking his wicket early assured an Indian loss more often than not. Kohli’s team has proven itself to be much more resilient and balanced. Virat himself has grown as a captain through the course of the series to be calmer and less emotional on the ground than at the start.

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Also seen in the stands of SCG was Sudhir Kumar Chaudhary, the Indian cricket teams unofficial mascot. He is present at most of the games India plays and has the Indian flag with the words “Miss you Tendulkar” painted on his upper body. He was a crowd favorite and at one point,  a queue formed with fans looking to take selfies with him. He obliged and did not refuse anyone.

crowd_bharat_army

Shane Warne calls Australian squad for Gillette ODIs against India as ‘ridiculous’

MCG-FF

By SAT Sports Desk

MELBOURNE, January 4: Former Australian cricketer Shane Warne has expressed his unhappiness at the Australian ODIs squad against India announced today by the Cricket Australia in a Tweet as “These ridiculous selections must stop in all forms of Australian cricket – end of !”
In a Tweet earlier he said, ” Just saw the Aust ODI squad that was announced & was absolutely staggered at some of the players that were left out & some of the inclusions – they don’t make any sense whatsoever. I was asked by @foxcricket to give my team – so here it is ! Thoughts ? Agree ?”

In a media release, the Cricket Australia’s National Selection Panel announced the following 14-man squad for the Gillette ODI Series v India starting in Sydney at the SCG on January 12:

Aaron Finch (c) (Victoria)
Usman Khawaja (Queensland)
Shaun Marsh (Western Australia)
Peter Handscomb (Victoria)
Glenn Maxwell (Victoria)
Marcus Stoinis (Western Australia)
Mitch Marsh (vc) (Western Australia)
Alex Carey (vc) (South Australia)
Jhye Richardson (Western Australia)
Billy Stanlake (Queensland)
Jason Behrendorff (Western Australia)
Peter Siddle (Victoria)
Nathan Lyon (New South Wales)
Adam Zampa (South Australia)

National selector, Trevor Hohns, said: “After a disappointing period in ODI cricket, the National Selection Panel along with team coaches have reviewed our performances across this format and we’ve identified a number of key areas that we feel we need to improve in order to help put this team in the best possible position to turn this period around.”

“With this in mind and the World Cup looming, we’ve selected players we feel provide us with the flexibility to play a variety of roles at different stages of a match.”

“The upcoming three-match series against India and the ODI tours of India and the UAE are important windows to put this into practice and to build a squad to help defend our World Cup title.

“After a hefty workload in the Indian series to date, it has been decided not to select Mitchell Starc, Pat Cummins and Josh Hazlewood in this squad to allow them to freshen up for the Test series against Sri Lanka.”

“Jhye Richardson, Jason Behrendorff, Peter Siddle and Billy Stanlake fill the fast bowling spots in this squad.”

“It’s wonderful to have Peter back in the squad for the first time since 2010. His white ball cricket has improved considerably the older he has got, and his selection is great reward for his professionalism and strong leadership qualities.”

“We have rewarded both Jhye and Jason as they continue to put up strong performances with the white ball. Jason provides us with a left arm option in the absence of Mitchell Starc and is very capable of taking wickets early in the innings.”

“Nathan Lyon comes back into the squad and will join Adam Zampa as our spin options. Nathan is the best off-spin bowler in the world and we’ve noted how successful teams around the world have been using a two pronged spin attack in the right conditions in white ball cricket, something we are very mindful of heading to the World Cup.”

“With a focus on improving our ability to post competitive totals we’ve recalled Usman Khawaja, Peter Handscomb and Mitch Marsh to the squad.”

“Usman is a batsman we know can put vital runs on the board at the top of the order, and Peter is not only a fine player of spin bowling, he’s also a batsman we know can hold an innings together while keeping the scoreboard ticking over. Mitch gives us another all-round option with his ability with both bat and ball.”

“Travis Head, Darcy Short and Chris Lynn have been unlucky to miss out. All three have had opportunities to cement their spots, but unfortunately, they have not been as productive as we would have liked in recent times when playing ODI cricket for Australia.”

“Unfortunately for Ashton Agar the return of Nathan Lyon as one of our specialist spinners means there wasn’t a place available in the squad for him.”

“Nathan Coulter-Nile recently experienced some lower back soreness, and on the advice of our medical staff we weren’t prepared to risk selecting Nathan in the side given the demands of the upcoming ODI series.”

“As has been our message throughout the summer, with such a big schedule ahead, both home and away, opportunities may well present themselves for players not selected in this squad.”

Gillette ODI Series Fixture:

First Gillette ODI – January 12
Australia v India
SCG, Sydney
1:20pm (Local Time)

Second Gillette ODI – January 15
Australia v India
Adelaide Oval, Adelaide
1:50pm (Local Time)

Third Gillette ODI – January 19
Australia v India
MCG, Melbourne
1:20pm (Local Time)

India on track for first series victory on Aussie soil

By SAT Sports Desk

Sydney: India is in the box seat after day 2 of the final test of the 4 match series at the SCG thanks to a classy 193 by Pujara and an impactful 159* by the 21 year old Indian keeper, Rishabh Pant. Ravindra Jadeja also contributed with a timely 81 missing out on a century, his dismissal leading to India declaring their 1st Innings at 622/7 and sending in Australia to bat for testing 10 overs before the close of play. The Australian bowlers had no answer to Pujara’s patience and were eventually broken down by the 204 run partnership by Pant & Jadeja. Nathan Lyon was the leading wicket taker with 4 wickets on a day where Australia even bowled batsmen Khawaja and Head to break the final partnership.   missu_tend   The key difference  between the Indian first innings at the last test at the MCG and this test, has been the higher run rate of the, 3.71 which lead India to cross 600. This compared to a run rate of 2.61 in Melbourne. It has been a good toss to win for India in both the games and the batsman have exposed Australia’s fast bowling after long days in the field with the mercury 30 degrees and above. Shane Warne on fox cricket has been critical of the bowling with the harshest comments reserved for Mitchelle Starc and his performance. Australian captain Tim Paine in the post match confirmed Starc has “just been low on confidence”.

The only blemish by India on day 2 was a dropped catch by keeper Rishabh Pant with Khawaja on 0, who came out to bat in the opening slot in this test. With the pitch conjunctive to batting and a hot day predicted on Day 3 in Sydney, Australia will be looking to keep India on the field as long as possible and put up a positive batting display. They will have to tackle India’s two spinners, Jadeja & Kuldeep Yadav who will likely do majority of the bowling with fast bowlers Shami and Bumrah coming in for short bursts with the temperature expected to reach 38 degrees.

Day 1

India has ended day 1 of the 4th test at the Sydney Cricket Ground on 4/303, paving the way for its first series victory on Australia soil. The day belonged to opener Mayank Agarwal who made 77 runs and Chetshwar Pujara who ended the day not out on 130, much to the delight of the Indian fans who again turned out in big numbers. The noisiest section of the ground was occupied by the Bharat Army which kept the drums beating and the volume high, cheering every run and milestone. The loudest cheer was reserved for Pujara’s 100 as echos of Pu-ja-ra were heard throughout the ground. bharat_army With India leading the series at 2-1, Kohli would be looking at bat throughout day 2 using the MCG victory as a template and effectively take Australian victory out of the equation. India need to draw or win the SCG test to ensure their first and historic test series victory on Australian soil.