Saturday, January 8, 2011


Nothing exemplifies better the
appeal of cricket in India than
the disparate winning bidders for
the Board of Control for Cricket
in India’s (BCCI’s) Indian
Premiere League (IPL) teams.
They range from infrastructure
and private equity firms to film
While the organisers raised a
whopping Rs 7,000 crore from
the auction, franchisees will now
market their individual teams
and christen them in
consultation with IPL. The rights
last for ten years, starting from
this year.
While GMR Holdings bagged
team Delhi for Rs 336 crore, RIL
won Mumbai for Rs 447.6 crore.
India Cements snagged Chennai
for Rs 364 crore, while UB Group
picked up Bangalore for Rs 446.4
crore. Preity Zinta-Ness Wadia-
Karan Paul-Mohit Burman won
the Mohali team for Rs 304
crore, while UK’s Emerging
Media won Jaipur for Rs 268
crore. Hyderabad went to
Deccan Chronicle Holdings for
Rs 428.04 crore, and the Kolkata
team to Shah Rukh...
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