India Today Web Desk New DelhiJune 2, 2019UPDATED: June 2, 2019 17:31 IST Harbhajan Singh at Salaam Cricket 2019 (India Today Photo).Harbhajan Singh said the India vs Pakistan World Cup 2019 match on June 16 would not be as big as the one between tournament favourites India and England.Most experts believe India and hosts England are overwhelming favourites to win the 2019 Cricket World Cup. There is a lot of anticipation for the India-Pakistan game at Manchester on June 16 but in a blunt assessment at Salaam Cricket 2019, Harbhajan Singh said Pakistan do not have the wherewithals to beat India.”India vs Pakistan is not as big as India vs England. Maybe from the media perspective, India vs Pakistan is more hyped up. But from a cricketing aspect, India vs England is more important. India can beat this Pakistan team 9 and a half times out of 10 times,” Harbhajan Singh said.However, former Pakistan captain Misbah-ul-Haq, who has been part of some riveting India-Pakistan contests in the past, said anything can happen in India-Pakistan clashes in the World Cup.”Logically, Bhajji is right but Pakistan is a dangerous team. In cricket, you cannot say anything. This Pakistan team is capable. There was a collapse in the last match. India have a better chance. As he said, India and England are the two favourites.”Given the rivalry, intensity… You never know what can happen in World Cups. Pakistan were strong in the 1990s yet India would win every time in World Cups,” Misbah said at Salaam Cricket 2019.Harbhajan Singh said he agreed with Misbah but felt India were far too strong for Pakistan: “I agree with Misbah, anything can happen. Pakistan do not have the kind of players. Favourites tags are with India and England.”advertisement”India have 11 match-winners and I don’t think Pakistan have the ability to beat this Indian team. We are more experienced and we have a lot of big players,” Harbhajan Singh said.ALSO READ | Salaam Cricket 2019: Sunil Gavaskar would have smashed it all over the park in T20s, says Shane WarneALSO READ | Salaam Cricket 2019: Kapil Dev greatest Indian cricketer ever, says Sunil GavaskarALSO WATCH | Salaam Cricket 2019: Opening AddressFor sports news, updates, live scores and cricket fixtures, log on to indiatoday.in/sports. Like us on Facebook or follow us on Twitter for Sports news, scores and updates.Get real-time alerts and all the news on your phone with the all-new India Today app. Download from Post your comment Do You Like This Story? Awesome! Now share the story Too bad. Tell us what you didn’t like in the comments Posted byNayanika Sengupta Tags :Follow Salaam Cricket 2019Follow Cricket World Cup 2019 Salaam Cricket 2019: Pakistan do not have the talent to beat India in World Cup 2019, says HarbhajanSalaam Cricket 2019: Harbhajan Singh said he did not think Pakistan would pose a serious challenge to India when they play each other on June 16 at Old Trafford.advertisement
by Mae Anderson, The Associated Press Posted Jan 29, 2015 5:41 am MDT Alibaba shares tumble on 4Q revenue miss, jitters over Chinese government criticism AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to RedditRedditShare to 電子郵件Email FILE – In this Sept. 19, 2014 file photo, the Alibaba logo is displayed during the company’s IPO at the New York Stock Exchange, in New York. On Thursday, Jan. 29, 2015, Alibaba Group said its net income fell as it faced higher one-time costs but its adjusted earnings beat expectations. (AP Photo/Mark Lennihan, File) NEW YORK, N.Y. – Alibaba’s Group shares dropped 10 per cent on Thursday after the Chinese e-commerce powerhouse reported holiday-quarter revenue that surged 40 per cent but missed analyst expectations.It was the second day of stock decline following news Wednesday that the Chinese government had issued a report critical about Alibaba’s efforts to deal with counterfeiting.The two-day decline has shaved about $38 billion off the company’s previous $264 billion market capitalization and is making some wonder if the bloom is off the rose for investors, who had clamoured to buy the stock in September when Alibaba went public in the biggest IPO ever.Stifel Nicolaus analyst Scott Devitt said the honeymoon period was ending and cut his rating to “Hold” from “Buy” based on increased risk of clashes with the Chinese government and lower revenue expectations.Still there were some highlights in the report. Alibaba’s adjusted fourth-quarter earnings beat expectations as its user base continued to grow and shoppers bought more on mobile phones.In the October to December quarter, net income fell 28 per cent to 5.84 billion yuan ($957 million), or 37 cents per share, from 8.27 billion yuan a year ago. Excluding one-time stock option and other costs, earnings totalled 81 cents per share. That beat analyst expectations of 75 cents per share, according to a survey by FactSet.But revenue during the crucial holiday quarter was disappointing. Although revenue climbed to 26.18 billion yuan ($4.22 billion) from 18.75 billion yuan, it fell short of expectations for $4.44 billion.Alibaba’s users increased use of its platforms like Taobao Marketplace and Tmall.com on their mobile phones. Annual active buyers rose 45 per cent in 2014 to 334 million, while mobile monthly active users rose 95 per cent in 2014 from 136 million to 265 million.Addressing the Chinese report In a call with analysts on Thursday, the vice chairman Joe Tsai said the company believed the report is flawed and unfairly targeted Alibaba. Some analysts have said Alibaba should have disclosed that meeting in its IPO filing, but Tsai said that the meeting with regulators in July was one of many regular meetings “in the normal course of business,” rather than a formally announced investigation.“We believe the flawed approach taken in the report, and the tactic of releasing a so-called ‘White Paper’ specifically targeting us, was so unfair that we felt compelled to take the extraordinary step of preparing a formal complaint to the SAIC,” he said. He also said that the SAIC, a Chinese government regulator, has removed the report from its Web site.Tsai said the company was devoting more resources to the “fight against fakes” but said it had more work to do. “In the global e-commerce marketplace there will always be people who seek to conduct illicit activities, and like all global companies in our industry, we must continue to do everything we can to stop these activities.”Its shares fell $8.59, or 8.7 per cent to $89.86 in midday trading.