Skip to main content

IPL 2020: Blow For MI, CSK As BCCI Tells Franchises Teams Can Leave For UAE Only After August 20



The Board of Control for Cricket in India (BCCI) has reportedly told all the IPL franchises that no team can fly to the UAE before August 20 for the upcoming tournament. The thirteenth edition of the competition will get underway on September 19 with the final set to take place on November 10, the IPL Governing Council confirmed on Sunday.

Recent reports suggested that last year’s finalists – Mumbai Indians (MI) and Chennai Super Kings (CSK) – were looking to leave for Abu Dhabi around August 10 or 12. However, the BCCI’s latest decision has forced them to change their plans. A franchise official has said that the IPL GC has sent in a mail which has clearly told them that the teams can leave for UAE not before August 20.

“We have been informed by a mail from the IPL GC that we can leave for UAE after August 20. So, there is no question of anyone going there before that. The diktat is pretty clear here,” the official was quoted as saying by IANS.

Franchises still waiting for SOPs:

While the BCCI has issued the Standard Operating Procedures (SOP) to the state associations for the resumption of cricket on Sunday, the IPL teams are yet to receive it. The franchises are expecting to get it soon so that they can start their final preparations for the competition.

“We have not got the SOPs yet, but we have been given the go-ahead to start preparation and the visa process will start from tomorrow onward. The hotels have already been blocked so that is no issue. The blueprints are ready,” the franchise official said.

Sandip Ginodia , CEO

 

ALTIUS INVESTECH PVT LTD

 

We deal in over 60 unlisted companies with 15 years of experience 

For latest prices visit : www.abhisheksecurities.com/unlisted.htm / call : 09830271248 .

Email : ginodiasandip1@gmail.com


Labels:

Comments

Post a Comment

Please leave your name and email id along with the comment .
Get the updates from this blog direct to your inbox . Fill in your email id on the home page.

Popular posts from this blog

HDFC Life inks distribution tie-up with Catholic Syrian Bank

HDFC Life  has entered into a  bancassurance  (the selling of life assurance and other insurance products and services by banking institutions) tie-up with Catholic Syrian Bank to distribute its individual life insurance products to the private lender’s customers. HDFC Life will offer its leading range of individual life insurance, health and pension products to the Catholic Syrian Bank’s  1.5 million  customer base across all its branches over a period of time. Sandip Ginodia , Director   A LTIUS INVESTECH PVT LTD | ABHISHEK SECURITIES We deal in over 60 unlisted companies with 15 years of experience . For latest prices visit :  www.abhisheksecurities.com/unlisted.htm  / call : 09830271248 . Email :  ginodiasandip1@gmail.com
1 comment
Read more

Stock broker SMC Global files for IPO

F inancial services company SMC Global Securities has filed draft red herring prospectus with SEBI for public issue of 1,58,67,380 equity shares of face value of Rs 2 each. The issue comprises a fresh issue of 79,33,690 equity shares by the company and an offer for sale of 79,33,690 shares by Millennium India Acquisition Company Inc. As of September 30, 2012, "We service our broking clients through a network of 43 branches and 2,521 registered sub-brokers and authorized persons spread in more than 500 cities and towns. We have also established an office in Dubai for brokerage and trading activities in that region," the company said. SMC has reported a loss of Rs 0.42 crore and total revenues of Rs 292.24 crore in the year ended March 31, 2012. "The proceeds of the fresh issue shall be utilised for margin maintenance with stock exchanges; part repayment of term loan; investments into subsidiary, SMC Comtrade; and general corporate purposes," according to p...
10 comments
Read more

NBI Industrial Finance Limited

NBI Industrial Finance Limited , Strand Road, Kolkata-700001 NBI Industrial Finance Limited was originally incorporated in Lahore in 1935 as The New Bank of India Limited. Dr. Ganeshi Lal Aggarwal and Mr. Kohli were the original promoters. After 1947 the Registered office was shifted to New Delhi. To provide for the losses due to partition the face value of the share was reduced from Rs. 10 to Rs. 5 . Later, The New Bank of India Ltd. was nationalised. Most of the non promoter shareholders took cash compensation. The Registered Office of the Company was shifted from Connaught Place, New Delhi to Strand Road , Kolkata. The share's face value was consolidated to Rs. 10. Share Capital : Rs. 1 cr 12 lakh Reserves : Around Rs.11 cr  NBI Industrial Finance Company is , now , the investment holding Company of Bangurs ( Benu Gopal Bangur of Shree Cement group ). They were the promoters of New Bank of India at the time of nationalisation. As the Company has holding of Shree Cement Ltd. it...
8 comments
Read more