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BCCI to pay Rs8bn+ compensation to Kochi Tuskers

Last updated : Jan 02, 2018 17:01

SportzPower Team

Oct 24, 2017 12:10

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NEW DELHI: The most powerful cricket body in the world has yet again been forced to eat humble pie after falling at the wrong end of the stick on the legal front. Needless to say, it is a seriously expensive pie.

The Board of Control for Cricket in India (BCCI) is reportedly ready to cough up compensation of over Rs8 billion to IPL franchise Kochi Tuskers Kerala for terminating its contract in 2011, a massive mark-up on the Rs3 billion the team's promoters were initially willing to settle for.

Apr 05, 2018 10:04

SportzPower Analysis: Implications of BCCI media rights bidding breaching $1bn barrier

MUMBAI: "Every bidder has its threshold. They are slowly reaching that point. If it reaches Rs 7000 crore (Rs 70 billion), it will be another landmark financial deal for Indian cricket," a senior board official tracking the e-auction for the next BCCI media rights cycle told PTI on Wednesday.

Apr 04, 2018 18:04

No winner means BCCI rights e-auction spills over to day 3

MUMBAI: The bidding war for the Board of Control for Cricket in India media rights has left in its wake the Indian Premier League, till now the gold standard in value terms. And it's not over yet with the bidding process set to resume again at 11 am Thursday as no winner has been confirmed by the end of Wednesday's proceedings.

Apr 04, 2018 15:04

HC issues notices to Centre, BCCI on PIL seeking stay on IPL

CHENNAI: The Madras High Court Tuesday send notices to the Centre and Board of Control for Cricket in India (BCCI) on a PIL filed by an IPS officer G Sampathkumar, seeking to restrain the cricket body from conducting Indian Premier League (IPL) this season without putting in place precautionary measures to prevent betting and spot-fixing.

Apr 03, 2018 19:04

BCCI media rights value crosses Rs44bn, e-auction to continue Wed

MUMBAI: The Indian cricket board is looking at another massive pay day as the e-auction for BCCI cricket media rights failed to throw up a winner at the "end of day's play" by the allotted 6 pm deadline Tuesday. At the time the bidding window closed for the day, the bid value in the Global Consolidated Rights category stood at Rs 44.42 billion (Rs 4442 crores, approximately $680 million).

Apr 02, 2018 14:04

BCCI appoints former Rajasthan DGP as ACU head

MUMBAI: The Board of Control for Cricket in India (BCCI) has appointed Ajit Singh as its new Anti-Corruption Unit head in place of former Delhi police commissioner Neeraj Kumar, who has been retained as advisor till May 31. Singh will take charge of the office ahead of 2018 season of IPL and he will be based out of BCCI headquarters at Cricket Centre, Mumbai.

Mar 28, 2018 17:03

david warner steve smith banned from ipl

CA serves 1-yr bans on Smith, Warner; IPL contracts terminated

MUMBAI: Senior Australian cricketers Steve Smith and David Warner will play no part in this year's Indian Premier League after being served one-year suspensions by Cricket Australia in the wake of the ball-tampering scandal.

Mar 28, 2018 14:03

Centre gets BCCI on board for 'cricket diplomacy'

NEW DELHI: The Centre is looking to use 'cricket for diplomacy' by granting free access of India's cricketing facilities to Commonwealth nations, Indian Express reports. The government is likely to make an open invitation to nations for the same, at the Commonwealth Heads of Government (CHOGM) summit, scheduled for April in London.

Mar 23, 2018 16:03

IPL extends Future association

NEW DELHI: The Board of Control for Cricket in India (BCCI) on Thursday announced the extension of its association with Future Group as official partner for the Indian Premier League (IPL) for the next three years. FBB had become the official partner for IPL in 2017.

Mar 23, 2018 15:03

Shami cleared of fixing charges, secures BCCI central contract

MUMBAI: The BCCI announced Thursday that Mohammed Shami had been cleared by its anti-corruption unit of match fixing charges brought against the embattled pacer by his estranged wife, following which the board would "proceed with offering a Grade ‘B’ annual retainership contract".

Mar 22, 2018 17:03

Tata pips Maruti in IPL partner race

MUMBAI: The Board of Control for Cricket in India (BCCI) has announced a three-year association with Tata Nexon as official partner for the VIVO Indian Premier League.

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