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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

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.

Sep 08, 2017 09:09
Star not bullish on next cycle of BCCI media rights
MUMBAI: "Now that the likes of Facebook, Reliance Jio and Airtel have opened their cards as it were in bidding for the IPL rights, could the BCCI's India cricket rights, when they come up for tender, be the next big battle stage in the Indian digital content arena? We think not." We reference the concluding paragraph of a report SportzPower put out on September 6 which can be accessed .  
Sep 08, 2017 09:09
Star not bullish on next cycle of BCCI media rights
MUMBAI: "Now that the likes of Facebook, Reliance Jio and Airtel have opened their cards as it were in bidding for the IPL rights, could the BCCI's India cricket rights, when they come up for tender, be the next big battle stage in the Indian digital content arena? We think not." We reference the concluding paragraph of a report SportzPower put out on September 6 which can be accessed .
Sep 07, 2017 16:09
BCCI panel to chalk road map for women's cricket
MUMBAI: A special committee formed by the Board of Control for Cricket in India will prepare a draft document listing suggestions to take women's cricket in the country ahead.
Sep 06, 2017 16:09
Ahead of IPL bid, Star pumped Rs12bn+ into Novi Digital
MUMBAI: Twenty-First Century Fox owned Star India has injected Rs12.33 billion ($192.04 million) into its digital content arm over the last six months amid intense competition among online video providers in India.
Sep 06, 2017 14:09
England lists India 2018 tour dates,BCCI yet to give Oz tour itinerary
MUMBAI: The England and Wales Cricket Board announced on Tuesday that the country would host the Indian cricket team in a five-match Test series in 2018. The teams will play three Twenty20 matches in July, followed by three one-day internationals and then Tests at Edgbaston, Lord’s, Trent Bridge, the Rose Bowl and The Oval. It will be India's second five-match series in England in 59 years.
Sep 06, 2017 14:09
England lists India 2018 tour dates,BCCI yet to give Oz tour itinerary
MUMBAI: The England and Wales Cricket Board announced on Tuesday that the country would host the Indian cricket team in a five-match Test series in 2018. The teams will play three Twenty20 matches in July, followed by three one-day internationals and then Tests at Edgbaston, Lord’s, Trent Bridge, the Rose Bowl and The Oval. It will be India's second five-match series in England in 59 years.
Sep 06, 2017 14:09
Ahead of IPL bid, Star pumped Rs12bn+ into Novi Digital
MUMBAI: Twenty-First Century Fox owned Star India has injected Rs12.33 billion ($192.04 million) into its digital content arm over the last six months amid intense competition among online video providers in India.
Sep 05, 2017 15:09
Franchises to get 40% of BCCI's IPL spoils
MUMBAI: Broadcast revenue from the cash rich Indian Premier League will be shared between the BCCI and the franchises in a 60:40 ratio, BCCI treasurer Anirudh Chaudhry told the Indian Express.
Sep 04, 2017 13:09
Star India wins IPL global media rights
MUMBAI: Star India has beaten all comers to secure the global media rights for the Indian Premier League for the next five years. Star's consolidated bid of Rs163.475 billion for the India TV, digital (internet and mobile) rights as well as the rest of the world rights was higher than the Rs158.19 billion bid that came through as a sum of the different parts bid by the other contenders.
Sep 04, 2017 10:09
CSA wants BCCI to announce tour dates soon
MUMBAI: The Board of Control for Cricket in India is yet to confirm dates for its South Africa tour in December this year. Cricket SA (CSA) president Chris Nenzani said it was frustrating that dates for India's summer tour have yet to be confirmed, the South African Sunday Times reported.
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