Exclusive – Liverpool legend fears for Reds after ‘major’ Sturridge setback

first_imgRay Houghton has described Daniel Sturridge’s latest injury setback as a ‘major blow’ for Liverpool – and has warned the Reds will struggle to improve their fortunes in the coming weeks.Brendan Rodgers’ side have struggled to replicate last season’s sparkling form, which saw them push Manchester City close for the Premier League title.The Northern Irishman has not been helped by the sale of star striker Luis Suarez, along with Sturridge’s numerous injury problems.And, with the England striker set to be sidelined for another three weeks, former Anfield favourite Houghton believes Liverpool will struggle for results both domestically and in Europe.“If Sturridge is out for any length of time, it’s a major blow for Liverpool,” he told the Alan Brazil Sports Breakfast show.“Not only does it look he and Balotelli are injured, Henderson may be out for a while as well.“Liverpool are now down to the new players coming in. You do fear for them against Crystal Palace [this weekend], both teams are desperate for a result.“Liverpool need to get back to winning ways and you’re not sure that they’re going to.“The Champions League clash against Ludogorets is massive, especially after Brendan changed the team around for the match against Real Madrid.“That was with one eye on playing Ludogrets and Basel. He needs six points from those two games so he’s put a bit of pressure on himself.”last_img read more

IT raids at SNJ group reveals Rs 400 crore undisclosed income

first_imgNew Delhi: The Income Tax department has recently discovered that SNJ Distillery, based in Tamil Nadu had accumulated undisclosed income of up to Rs 400 crore, an I-T investigation into the company has found.The I-T department had recently conducted searches at 55 locations of the liquor manufacturer that has been in business since 1989 in Tamil Nadu, Kerala, Andhra Pradesh and Goa. The raids were conducted at premises of promoters of the company, key employees and some suppliers of materials. Also Read – Uddhav bats for ‘Sena CM’The investigation wing of the I-T department found that SNJ Distilleries had allegedly been over-invoicing the purchase of raw materials for their business and bottles, which constitute a major portion of the cost of production. The Managing Director of SNJ Group is SN Jayamurugan, who has produced a few films where former DMK chief M Karunanidhi had written the script and is purportedly close to the party in Tamil Nadu. According to the agency, it was found that the excess money that suppliers would receive was allegedly paid back into the accounts of some trusted key employees of the company. The I-T department said that the company had amassed and suppressed around Rs 400 crore of taxable income in six years. Meanwhile, the I-T sleuths as part of their investigation also raided premises of another liquor manufacturer in Chennai and Karaikal recently, from where they found undisclosed income of around Rs 300 crore. The tax authority has said that further searches at this group’s premises are continuing.last_img read more