raju madhur

TOKYO: Hundreds of luxury apartments overlooking Tokyo Bay that were due to be converted from the Athletes' Village have already been sold -- just one of the many headaches caused by the historic postponement of the Tokyo Olympics. Touted by developers as a "flagship neighbourhood for urban lifestyles", the buildings housing the 11,000 competitors were to be hastily re-purposed into more than 4,000 condos with stunning city views, some carrying a price tag of 170 million yen ($1.5 million).

CHARLOTTE: NASCAR informed its staff Tuesday that pay cuts will be imposed across the company until the series returns to racing. NASCAR President Steve Phelps announced the moves in a memo to employees, a copy of which was obtained by The Associated Press from a person who requested anonymity because of the sensitivity of the situation.

Image credit: Abhinav Bindra's Facebook page. PUNE: It took days of meetings with all the stakeholders and a lot of deliberations before the Tokyo 2020 Games were postponed by a year, says Olympic gold medallist shooter Abhinav Bindra. Bindra, who is member of International Olympic Committee’s (IOC) athletes’ commission, said the decision to postpone the Games to 2021 is the best possible way to deal with the global situation.