Skip to main content

Received govt approvals for IPL in UAE, confirms Brijesh Patel; says Vivo's substitute to be finalised by Aug 18

 


The BCCI has received the central government's formal approval to conduct this year's Indian Premier League in the UAE, IPL chairman Brijesh Patel revealed on Monday.

 

The IPL boss also said that BCCI, in all likelihood, will announce the tournament's new title sponsors by August 18. There will be a seven-day window for interested companies to submit the bid.

 

The IPL will be held in the UAE from September 19 to November 10 in three cities -- Sharjah, Abu Dhabi and Dubai.

 

The government had last week given an "in principle" go-ahead to the BCCI to shift the marquee league to the UAE due to rising cases of COVID-19 in the country.

 

"Yes, we have received all the written approvals," Patel told PTI when asked whether the permission has come in writing from both the Ministry of Home Affairs (MHA) and Ministry of External Affairs (MEA).


When an Indian sports body shifts a domestic tournament abroad, it requires clearance from Home, External and sports ministries respectively.


"Once we had the verbal okay from the government, we had intimated the Emirates Cricket Board. Now we have the papers also, so franchises can be intimated that everything is in order," a veteran BCCI official told PTI on conditions of anonymity.


Most of the franchises will be flying out after August 20 after two mandatory RT-PCR (COVID-19 tests) conducted within 24 hours from their departure base.


The Chennai Super Kings players and staff, who are leaving on August 22, will have a small camp at the Chepauk on the insistence of skipper Mahendra Singh Dhoni.


The BCCI is also facing problems on the sponsorship front after calling off the title deal with Chinese mobile phone company Vivo for the current year due to massive public outrage over the Sino-India border stand-off.


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

Reliance's JioMart is averaging half a million orders per day; WhatsApp driving growth

  JioMart , Reliance's online-to-offline commerce  platform that launched in May , has scaled up rapidly, riding on the pandemic-fuelled digital acceleration. The service, which went   live in 200 cities across India, is currently processing an average of  500,000 orders per day. " We can go even higher on peak days",  Jio Platforms CEO   Kiran Thomas  revealed at the Facebook for Fuel India 2020 event. He said, "JioMart is empowering millions of  kiranas  and small merchants through the simple and secure platform of WhatsApp, and linking them to Reliance Retail's pan-India supply chain. We expect to grow manifold in future, and are optimistic about enabling new cohorts of users and making it easier for them to shop for daily essentials."  "Customers are transacting seamlessly on JioMart and the  conversational nature of the service  enabled by WhatsApp has made people adapt to it intuitively," he added. Reliance also stated th...
Post a Comment
Read more

Zomato, Swiggy score 1/10 on working conditions for their workers – ET Retail

Some of India's biggest startups have ranked near the bottom when it comes to  working conditions  for their gig  workers , according to a report released Wednesday. While  Swiggy ,  Zomato  and Uber India scored 1/10, Urban Company and Flipkart’s logistics arm EKart scored the highest 8/10 and 7/10, respectively, ‘ Fairwork India Ratings  2020: Labour Standards in the Platform Economy’  showed . The report assessed the companies on five principles: fair play, fair conditions, fair contracts, fair management, and fair representation. Deepinder Goyal, chief executive officer of Zomato Media Pvt. Ltd., acknowledged the ratings on Twitter. “Zomato ranked at the bottom of 2020 Fairwork India scores. We knew we had things to work on, but we didn’t know that there is so much room for improvement.” The company takes full responsibility and “will leave no stone unturned to perform better in the rankings next year,” he added. Zomato received a 4/10 in ...
Post a Comment
Read more

FEL plans to prepay NCDs from proceeds of Rs 24,713 cr deal with Reliance

  Future Enterprises Ltd   NSE 1.75 %  (FEL) is planning to prepay the  debentures  issued by the company from the money to be received after selling its retail and other businesses to  Reliance Industries   NSE 0.07 % ' step down firm  Reliance Retail Ventures . The company has proposed to utilise the consideration received from the Rs 24,713 crore deal for pre-payment of the Non-Convertible Debentures (NCDs), FEL said in a regulatory filing. FEL is convening a meeting of its debenture-holders of Series XV on January 7 next year to consider and approve prepayment of debentures and amendment of  the Debenture Trust Deed . “As part of the overall reorganisation proposal, the company proposes to utilise the consideration to be received from  Reliance  entities from slump sale of the business undertakings, to prepay the various NCDs the company has issued and one of the NCDs proposed to be prepaid is NCD-XV, viz the debentures he...
Post a Comment
Read more