IDX rolls out discounts for companies looking to list on stock market

first_imgThe Indonesia Stock Exchange (IDX) is preparing a 50 percent discount on initial listing fees for companies wishing to go public to encourage more firms to seek funding through the stock market.IDX assessment director I Gede Nyoman Yetna told the press on Tuesday that newly listed companies would only have to pay around Rp 12.5 million (US$867) to Rp 125 million for an initial listing fee. The fees would depend on which board the companies were listed on, he added.“This applies to companies that want to list their shares on the bourse [through initial public offering (IPO)], as well as to listed companies that want to issue additional new shares,” he said during a virtual press briefing. Topics : “This initiative could also entice more companies to go public or seek more funding through the stock market,” he told The Jakarta Post on Wednesday.Although many investors are still in wait-and-see mode as the coronavirus continues to spread across the globe, Samsul suggested that companies that were seeking funding in the stock market should maintain intensive communication with investors so as to encourage investment.Despite the pandemic, 29 companies had listed their shares in the bourse thus far this year, the most recent one being packaging manufacturer PT Megalestari Epack Sentosaraya, which was listed on Thursday.In the meantime, the bourse is also considering whether to relax some of the trading regulations that have been issued to minimize pressure on the Indonesian stock market.The pandemic has caused a global stock market rout and caused the Jakarta Composite Index (JCI), the IDX’s main gauge, to lose more than 37 percent of its value as it touched its lowest level of 3,937 on March 27.“As we’ve started to see less volatility in the market compared with three months ago, we might discuss [the relaxation] with the OJK,” IDX trading director Laksono Widodo said.The regulations include the ban on pre-opening trading that takes place before the market opens at 9 a.m. and a halt in trading of stocks that have fallen by 7 percent.Laksono, however, could not predict when those regulations would be relaxed as he expected the bourse and the OJK would need time to discuss the matter.“Once we receive approval from the OJK, the change could be applied in a matter of days,” he added.Meanwhile, the IDX on Tuesday also appointed publicly listed coal miner PT Toba Bara Sejahtera director Pandu Patria Sjahrir as its new commissioner representing listed companies.Pandu, who is also the nephew of Coordinating Maritime Affairs and Investment Minister Luhut Pandjaitan, replaces publicly listed coal miner PT Adaro Energy president director Garibaldi “Boy” Thohir and will serve for the 2020-2023 period. The IDX also appointed two other commissioners, Heru Handayanto and Karman Pamurahardjo, to represent brokerage firms.center_img For a new share listing, either a rights issue or private placement, companies would only have to pay around Rp 5 million to Rp 75 million. The new fees are effective from Jun. 18 to Dec. 17.IDX president director Inarno Djajadi said last Friday that the incentive was meant as a stimulus for companies that wanted to list their shares on the stock market.“This is also in line with Pak Wimboh’s instruction that self-regulatory organizations should also share the pain with others during this pandemic,” he said, referring to the Financial Services Authority (OJK) chairman.Publicly Listed Companies Association (AEI) executive director Samsul Hidayat lauded the IDX’s move, saying that the incentive would reduce companies’ expenses in listing their shares on the bourse.last_img read more

These are the NBN ready suburbs where property prices have soared

first_imgNational Broadband Network rollout.THESE are the NBN ready suburbs where property prices have grown at a faster pace than the Brisbane average.Internet speed and access to the latest technology were fast becoming a must have for home buyers according to finder.com.au Tech Expert, Angus Kidman.And he said with fibre to the premises (FTTP) connections providing the fastest internet speeds, properties in those suburbs could soon be in demand.Particularly as FTTP was no longer part of the rollout plan and it would be fibre to the node.Mr Kidman said while there were many reasons property prices increased, NBN connection could be an important factor for buyers.Research by finder.com.au identified the top five suburbs in Brisbane, Sydney and Melbourne with the highest number of connections and the quickest NBN speeds.More from news02:37Purchasers snap up every residence in the $40 million Siarn Palm Beach North2 hours agoNew apartments released at idyllic retirement community Samford Grove Presented by It also analysed the property price growth of these suburbs, comparing before NBN prices with after NBN prices. Brisbane suburbs NBN ready and how their prices have grown. Source: finder.com.auThe best performing suburb within Brisbane was at Aspley on the Northside where median prices increased 25.53 per cent in the past five years.During the same period the average median price increase across Brisbane was 19.5 per cent.The other top performing Brisbane suburbs, where Kallangur, Calamvale, Parkinson and Boondall.The best performing suburb in Sydney was Blacktown where in the past five years the median house price had increased by 81.9 per cent, compared to the Sydney average during the same period of 66.7 per cent.In Melbourne the best performing NBN ready suburb with fibre to the premises was Carlton where median rose by 45.6 per cent compared to the Melbourne average of 37.4 per cent during the same period.Mr Kidman said while generally that appeared to be good news for those suburbs, not every street was FTTP connected so buyers needed to do their homework before buying.last_img read more

Deficits at UK pension funds fall by one-quarter in 2013

first_imgDeficits at defined benefit (DB) pension funds in the UK have shrunk this year by around one-quarter, with schemes profiting from higher Gilt yields and the strong performance of growth assets, according to consultancy Aon Hewitt.The collective pension scheme deficit of companies in the FTSE 350 index fell to well under £300bn (€355bn) by early December from more than £400bn at the beginning of January, Aon Hewitt said, citing data from its Pension Risk Tracker.Paul McGlone, partner at the firm, said: “2012 and early 2013 saw many pension scheme funding levels decline significantly as quantitative easing saw real Gilt yields settling just under zero.”But over the last year, and in the second and third quarters of 2013 in particular, rising Gilt yields and the strong performance of growth assets have benefited DB schemes, he said. “For many pension schemes, this has allowed them to recover their funding positions – and to start to consider opportunities for de-risking their investment strategy,” McGlone said.The consultancy also said its research found that 20% of UK pension schemes now had a formal trigger strategy in place, either to monitor funding levels or bond yields.The research covered more than 120 UK pension schemes with between £10m and more than £10bn in assets.The aim of these triggers is to prompt trustees to review funding strategies when certain agreed limits are breached, the consultancy said.However, McGlone said not all schemes had a formal system of triggers in place, and some reviewed their funding levels in other ways.Aon Hewitt said the improvement in pension scheme funding positions seen in the second and third quarters was still happening, and foresaw “further de-risking opportunities” in 2014.last_img read more

Indians Basketball Teams On Winning Side

first_imgFreshmenMilan 45 @ Oldenburg 36 OT 7th GradeMilan 39 @ Southwestern Hanover 25Courtesy of Indians Coach Ethan Voss. 8th GradeMilan 42 @ Southwestern Hanover 41last_img

National Sports Festival gets date

first_imgRelatedPosts We have finally caged Edo politics lions, says Gov. Obaseki Edo 2020: Social media users turn Oshiomhole to laughing stock after defeat Italy introduces compulsory virus testing for travellers from France The 20th edition of the National Sports Festival, Edo 2020, has now been scheduled for October.The new date, which has been arrived at after the festival had suffered an initial postponement in March this year, due to the outbreak of the Coronavirus Disease worldwide, was announced by the presidential committee set up by the Federal Government to see to the hosting of the biennial event, which is aimed at discovering and nurturing of local talents to represent Nigeria in regional and international sporting events. Despite divergent views by members of the National Council of Sports as to the possibility of the National Sports Festival holding this year 2020, the Minister of Sports, Sunday Dare, went on to inaugurate an 11-man committee to inspect all health facilities for the festival in Edo State so as to ascertain the readiness of the state in hosting the sports festival even in the midst of the COVID-19 debacle.The committee, made up of members of the COVID-19 Task Force, Nigeria Centre for Disease Control, Commissioners of Sports from the six geopolitical zones of the country and representatives of the Federal Ministry of Youth and Sports Development, after a three-day tour of the state, addressed the press on democracy day and expressed satisfaction at the situation on ground in the state before going ahead to announce the new tentative date for the hosting of the festival.The Chairman of the presidential committee, Tonobok Okowa, declared: “We have seen the facilities on ground in the state.“We have been to the state specialist hospitals, the University of Benin Teaching Hospitals, the testing centres, the screening centres and the isolation centres.“We have been briefed on the ones to be improved upon and the steps the state is taking. “We are no doubt impressed and convinced that Edo State is ready to host the National Sports Festival this year 2020.”Tags: CoronairusCoronavirusEdo StateNational Council of SportsNational Sports Festivallast_img read more

Ronaldo draws blank as Sassuolo hold jittery Juventus

first_imgCristiano Ronaldo’s run of scoring in six league games ended as jittery Juventus were held to a 3-3 draw at Sassuolo on Wednesday.With this result, the defending champions missed the chance to go nine points clear at the top of Serie A. Having taken two points from their last three games, Juventus are on 77 points, seven ahead of Atalanta, who thumped Brescia 6-2 on Tuesday, with five matches remaining.Defender Danilo opened the scoring for Juventus in the sixth minute.A corner kick found him unmarked on the edge of the box, and he drilled a powerful shot through a cluster of bodies into the net.Gonzalo Higuain made it two six minutes later, latching on to a superb ball from Miralem Pjanic.But a shot into the top corner by Filip Djuricic in the 29th minute signalled the start of a spirited fightback by the home side. They levelled six minutes into the second half when Domenico Berardi curled a beautiful free-kick in at the near post.Sassuolo went ahead three minutes later as Francesco Caputo stole in at the far post to steer in a wayward Berardi shot.Ronaldo’s best effort was an attempted lob in the first half that landed just wide, but he was well-shackled by the Sassuolo defence.Instead it fell to left-back Alex Sandro to produce a rare goal, meeting a 64th minute corner kick with a bullet header to level the scores.Chasing their ninth league title in a row, Juventus poured the pressure on but could not force a winner. Instead, Juventus goalkeeper Wojciech Szczesny had to make a superb save to keep one point.He had to keep out a dipping shot from Mehdi Bourabia in stoppage time as they hung on for a draw that left coach Maurizio Sarri frustrated.“We struggle to maintain physical and mental continuity. It is difficult to understand why we have very good moments and others of passivity,” Sarri said.“It is difficult to understand, even allowing for the fact that we are meeting teams who are in extraordinary form. We have the feeling of ups and downs during the game,” he added.RelatedPosts Pirlo not out to copy anyone after Juventus’ comfortable opening win Live stream Premier League, La Liga, Serie A on Showmax Pro this weekend Juve’s Pirlo gamble makes new Serie A season the most open for years Reuters/NAN.Tags: Cristiano RonaldoJuventusSassuoloSerie Alast_img read more

For Rautins, leading Syracuse was merely a matter of time

first_img Facebook Twitter Google+ Published on March 8, 2010 at 12:00 pm Commentscenter_img For the final time, Andy Rautins surfed through the tunnel of teammates at the Carrier Dome. A five-year salute surrounded him. He waved to the crowd and met his dad, Leo, at midcourt.Leo’s wife had been crying for three days, but he had stayed strong until now. A former SU legend himself, he grabbed Andy by the head, kissed his cheek and emotions finally won over. The two hugged for five seconds. This was it. ‘It was, it was,’ said Leo afterward, stumbling to find words. ‘It was difficult. It just came too fast.’Each basketball season has cost Dad between 40,000 and 50,000 miles on the road. An analyst for the Toronto Raptors and head coach of Team Canada, Leo shuttles between Toronto and Syracuse nonstop.He wouldn’t have it any other way. Mentoring his son along this turbulent career has all been worth it. Andy’s maturation from sharpshooter to all-around playmaker is the reason Syracuse is primed for a run at a national title as it heads into the Big East tournament at Madison Square Garden Thursday.To brand Rautins a 3-point shooter is an insult. He is far more. Take him out of the game and a rocky mix of panic and confusion takes over. Rautins values the little things that go unnoticed — sliding on defense, sending subliminal messages to teammates, making an extra pass. A scroll’s worth of setbacks have molded Andy Rautins into who he is, what this team is.AdvertisementThis is placeholder text‘You could make a very strong case that Andy’s the most valuable player in the league,’ SU head coach Jim Boeheim said. ‘I think you could make that case very easily.’ A basketball ‘freak’With each move, Roosevelt Bouie began to realize Rautins wasn’t a typical 3-year-old kid. This was abnormal. Living at an apartment complex with Leo in Spain — where the two former SU teammates forged European careers — Bouie watched in shock.Kids at this age barely know what a basketball is. But there was Andy in Bouie’s living room, imitating player after player on a Toys R Us hoop.‘Go ahead,’ Leo told Bouie. ‘Name a player.’ So Bouie did. He said Julius Erving and Rautins mimicked Dr. J’s famous baseline scoop shot against the Los Angeles Lakers. He said George Gervin and Andy did his version of ‘The Iceman’s’ finger roll.Bouie turned to Leo in awe.‘Are you freaking kidding me?’ he said. ‘Leo, your kid’s a freak.’This love for the game amplified with age. All season, Rautins has repeated that winning — for this team, unlike past ones — is all that matters. Cliché postgame drivel. Players are programmed to say this. It’s mandatory. But winning is what consumes Rautins.The attitude trickles down. Syracuse isn’t poisoned by prima donnas. Rautins has imported his international mindset. Overseas, he says, nobody cares about individual success. Chemistry is valued. In recent years, a lack of harmony has held Syracuse back.‘Definitely. There is no question about that,’ Rautins said. ‘There have been two or three off-court issues that have separated the team in some way (in the past). We tried to remain positive throughout that, but it affects the team.’Some kids run away from home. Rautins ran away from losing. When his team lost at basketball camp in middle school, he ran. Disappeared.Where to? Nobody knew. Outside, in the hallway, to the bathroom. It remains a mystery. The coach at camp back then, Dave Brown, cracks up recalling those days. Loads of players have shuffled through his camp in Sarnia, Ontario.None hated losing as much as Rautins.‘He got so, so upset about losing that he would disappear,’ said Brown, one of Leo’s best friends. ‘He would race out of the gym. It’s instilled in him and his personality. He hates losing.’Only, Andy took it even further. He ordered Brown’s son, Taylor, to slap him in the back of the head whenever he made a mistake on the court. A five-star smack in the skull. Brown remembers watching from the sideline as his son, five years older than Andy, whaled away. Each time, Andy responded, ‘Thank you, I deserve it.’Seventh-graders don’t do this. Rautins’ love for basketball was uncommon.So, yes, when Syracuse lost to Division II punching bag Le Moyne, Rautins took it to heart. He needed to speak up. This season meant too much.Platform to leadThe day after SU’s numbing preseason loss to its little brother down Euclid Avenue, Rautins took action. Along with fellow senior Arinze Onuaku, he called a players-only meeting. It was a mandatory day off, but Rautins knew the team needed to do something. Fast. So he contacted the team’s video coordinator and set up the film.Every play was analyzed.‘Nobody was argumentative in there,’ Rautins said. ‘Everybody was talking and on the same page. We really grew and benefited from that point on.’For the first time with the Orange, Rautins’ voice rose above the rest. He was always a leader. During international play, Leo remembers his son grabbing the jersey of Canadian teammate Carl English with one hand and Samuel Dalembert with the other to command their attention. He couldn’t do this in Syracuse. There have always been a handful of veterans in front of him. Rautins was rendered to the wing, quietly taking his share of 3-pointers. Jonny Flynn, Eric Devendorf and Paul Harris were the spokesmen. Not him. After losing to Le Moyne, that changed.‘Now people see that winning is the most important thing,’ Rautins said. ‘After that loss to Le Moyne, somebody needed to step up and be the vocal leader.’One week later, Rautins backed up his talk. After turning his ankle in gasping fashion in Syracuse’s opener, he faced a decision. Play two days later against Robert Morris or rest up for the 2K Sports Classic at Madison Square Garden. Dad told him to rest. Too much was at jeopardy.‘You’re crazy,’ Leo recalls telling his son. ‘This could haunt you the rest of the year.’Through warm-ups, the pain was still piercing. The verdict, still out. Rautins should have saved himself for MSG. But he knew his teammates were watching. Play through this and a tone was set. Rautins could spread his perennial appreciation for the game. Two years ago, he missed the entire season with a torn ACL. It was torture. When Onuaku shattered the backboard at Midnight Madness, Rautins sent a bitter text message to his dad. He needed to be out there. Leo told him to write down these feelings. That way, whenever he needed a jolt of motivation, he’d remember how bad things once were.So for son — if not Dad — this Robert Morris game was one of those moments. He needed to play and set an example.‘If they saw me out there playing injured,’ he said, ‘I thought they’d really take to that.’Rautins swallowed ‘three or four painkillers’ and went to work. On raw adrenaline, he nailed seven 3-pointers and Syracuse embarrassed Robert Morris, 100-60. After the game, dotted across the locker room, teammates peered in Rautins’ direction. The word ‘warrior’ was repeated again and again. If their leader was willing to gut out a borderline meaningless non-conference game, they better suck it up.‘People don’t even understand the stuff that Andy has gone through,’ guard Scoop Jardine said last week. ‘He has been through a lot.’His other sideIf he is drafted by a NBA team in June, Rautins will face an entirely new set of obstacles. Switching from zone to man defense, for one. But really, the toughest part will be those gushy, Disney-sappy pregame hugs with opposing players.Before the game, Rautins barely looks at the other team. And during the game, he does everything to get underneath its skin. That’s the other side. Leo knows his son can be a parasite. Or, um, another p-word.‘He can be a pr**k,’ Leo said. ‘There is no great player that’s not a pr**k. If you think Jordan, Bird and Magic aren’t, you’re wrong. They are absolute pr***s.’St. Bonaventure found out. It cost the Atlantic 10 underdog an upset. In a tight game, Bonnies star Andrew Nicholson smacked Rautins with an elbow on his way to the post. In retaliation, Rautins nailed a pair of 3-pointers. St. Bonaventure called a timeout. Rautins was jacked. As Nicholson shuffled to the bench, Rautins screamed at him.‘Hit me again! Hit me again!’So Nicholson did. With one closed-fist uppercut to the family jewels, Nicholson lifted Rautins off the ground. He was ejected. SU cruised.‘That’s man code,’ Rautins said. ‘You don’t do that kind of stuff. An elbow to the face would have been more appreciated.’Leo got a kick out of punchgate. Laughing afterward, he gave Nicholson props. After all, he’s recruiting Nicholson for Team Canada. And he knows that some form of retaliation was probably warranted. He has seen this act before. For Team Canada, Rautins’ mouth once led to a bench-clearing brawl.Canadian guard Tyler Kepkay, who is now playing in Germany, saw this side of Rautins every day.‘It’s beneficial for our team when he gets under some guy’s skin,’ Kepkay said. ‘He’s very good at that.’Playing against men nearly twice his age in uber-YMCA games gave Rautins a swagger. The no-harm, no-foul environment caters to balding, hairy-backed veterans. In 2005, Rautins tried taking a charge against a Venezuelan national player and was flattened. To this day, his backbone is still out of whack. Reaching around his back, he points to his left pelvic bone.Every summer is a new initiation. Every summer helped build Rautins into the complete player he is today.***No wonder Andy Rautins didn’t flinch when fans chanted, ‘Where’s your green card!?’ in Providence and held a protest’s worth of demeaning signs in Georgetown. It’s all peanuts. With each hurdle, Rautins has had an answer. After tearing his ACL, he dumped his McDonald’s-heavy diet for healthy food and became obsessed with weightlifting. After losing to Le Moyne, he spoke up. After twisting his ankle, he played. After getting socked in the groin, he answered. And after downpours of student insults, he catches fire. Rautins burnt the Friars for 28 and the Hoyas for 26 in those games. It doesn’t fuel him as much as it doesn’t faze him.This game means too much for Rautins to care about anything else. At practice before Syracuse’s showdown against Villanova, Bouie visited Rautins. The senior gave him a hug and, like he was way back in Spain, Bouie was in shock again. The skin-and-bones kid he used to call ‘Skelotaur’ flexed his muscles.‘Those are my wings,’ he told Bouie. ‘Want a ride?’For now, Syracuse will ride Rautins as far as he’ll take them.thdunne@syr.edu last_img read more

Halle Majorana propels Syracuse to 12-11 overtime win against USC in NCAA quarterfinal

first_img Published on May 21, 2016 at 5:43 pm Contact Tomer: tdlanger@syr.edu | @tomer_langer Syracuse’s Halle Majorana was parallel with the Southern California goal on the left side of the field. It’s at that spot on the field that she had already racked up five points with a barrage of goals and assists in the second half.With time winding down in the first overtime period, Kelly Cross cut across down the middle of the field. Majorana lofted the pass to her and she slammed it in past goalie Gussie Johns. Syracuse had won the game, 12-11, with 21.2 seconds left in overtime.“Me and Kelly (Cross) definitely have a great connection,” Majorana said. “My eyes kind of lit up when I saw her and I knew she was gonna catch the ball and bury it.“I don’t really remember the play,” she said laughing, “but I remember Kelly (Cross) being open and just giving her the ball.”No. 4 seed Syracuse (19-5, 5-2 Atlantic Coast) struggled to get any offense going in the first half and then blew a three-goal second-half lead. But the Orange caused a turnover after No. 5 seed USC (20-1, 6-0 Mountain Pacific Sports Federation) won the opening draw and won the game in overtime, 12-11 to advance to the Final Four for the fifth consecutive season. SU will play the winner of Maryland and Massachusetts.AdvertisementThis is placeholder textUSC entered the game with the top-rated defense in the country, allowing just 5.5 goals per game. Last week, SU beat Stony Brook, which had the second best defense, 7-6. Kayla Treanor, the Orange’s points leader, was face-guarded for most of that matchup, and the SU offense struggled because of it.“We’ve been playing a zone defense and we haven’t face-guarded yet,” USC head coach Lindsey Munday said. “(Face-guarding Treanor) was a thought, but it just opens up more space for the other players.”After the first half ended in a 5-5 deadlock, the Trojans opened up the second half with two quick goals to take a 7-5 lead. But then the Orange went on a 4-1 run to take a 9-8 lead. Majorana either scored or assisted on each of those four goals, each time setting up on that same spot on the left-hand side of the field at goal-line extended.After a first half in which she recorded just one point — a transition goal after a yellow card on the Trojans — Majorana came to life in the second.“I just thought more to dodge,” Majorana said. “I wasn’t dodging in the first half. I thought if I could get a first step, cutters would be open in the middle and that’s what gave me success today.”Syracuse eventually scored two more goals — both from Treanor — and then a Trojan score made it 11-9 with 5:54 to go. Three weeks ago, the Orange blew a two-goal lead with 5:27 left in the ACC championship game against then-No. 3 North Carolina.And this time, chaos ensued for SU. Treanor won the following draw and USC’s Kaitlyn Couture got a yellow card. But SU turned the ball over and gave up a goal to make it 11-10. Then, Nicole Levy was penalized for an illegal stick that gave the Trojans control on the restart. Cynthia Del Core scored a minute and a half later to tie the game up.Syracuse nearly lost the game with 1:53 left in regulation after the Trojans had tied it. USC won the draw and ran the clock down. Amanda Johansen, who had tallied four goals and two assists, tried to score with 10 seconds left, but goalie Allie Murray made a save to send the game to overtime.“I knew she was coming out but I didn’t have enough time to get around,” Johansen said. “I knew it was coming, you just try and make a move last second to get around her.”The Trojans again had a chance to win the game in overtime after Michaela Michael won the draw. But SU defender Mallory Vehar forced USC’s Kylie Drexel to turn the ball over and SU had life once more.After the SU clear, the ball found its way to Majorana, at the same spot that she’d helped push the Orange ahead earlier in the game. After drawing a double team and dishing to the open Cross who scored, Majorana made sure Syracuse would stay in front for good.“I was just doing anything I could to help my team win today,” Majorana said. Comments Related Stories Syracuse women’s lacrosse overcomes poor performance at the draw circle to slip past USC, 12-11center_img Facebook Twitter Google+last_img read more

Jason Emerich’s Syracuse football career ends after shoulder surgery

first_img Facebook Twitter Google+ Published on November 1, 2016 at 12:37 pm Contact Jon: jrmettus@syr.edu | @jmettus Jason Emerich’s season and Syracuse career are over, Syracuse Athletics announced Tuesday afternoon. The starting center injured his shoulder on Sept. 9 against Louisville and underwent surgery on Oct. 11.Emerich, a redshirt senior, broke into SU’s starting lineup in Week 3 of 2015 and started every game through SU’s loss to Louisville in Week 2 this season. In the first half of the Louisville game, Emerich, at times, held his shoulder and slumping it to one side as he ran down the field. He finished out the game. He wore a brace when he was on the sideline in following games and did not play after the Louisville loss.He’ll finish his career with 28 games played and 14 starts across three seasons. Emerich was named to the watch list for the nation’s best center prior to the 2016 season.Redshirt freshman Colin Byrne has taken over center duties in Emerich’s place. Comments AdvertisementThis is placeholder textlast_img read more

Late Pogba goal gives France victory over Australia after VAR controversy

first_imgPaul Pogba’s late goal broke Australian resistance to give France a winning start in a Group C after they had earlier benefitted from a controversial VAR decision to score the game’s opening goal.The video assistant referee penalised Australia’s Josh Risdon for a foul on Antoine Griezmann, allowing the Atletico Madrid forward to dispatch a penalty, the first World Cup goal influenced by VAR.However, a moment of madness from French defender Samuel Umtiti, who handled Aaron Mooy’s free-kick, enabled Australia to equalise through Mile Jedinak’s penalty in Kazan.And they looked on course to hold one of the pre-tournament favourites until Pogba’s lobbed effort deflected off Australia full-back Aziz Behich and the crossbar to fall inches over the goal-line.Amid the large clusters of gold provided by around 10,000 Socceroos supporters, France initially assumed control of this Group C opener despite the long journey from their Moscow training base.Kylian Mbappe sparkled early on, racing beyond the Australia backline to test goalkeeper Mat Ryan after 93 seconds. That sparked a concerted offensive by Didier Deschamps’ team but Australia stemmed the tide as the half progressed.Going behind stirred Australia into a response in the second period and Aston Villa’s Jedinak converted a penalty Umtiti had senselessly handled another dangerous Mooy delivery.But Pogba’s winner, confirmed by goal-line technology, ensured France opened the tournament with three points.Peru face Denmark in Saturday’s other Group C matchlast_img read more