The Finance Ministry, for the second time, turned down a proposal of Jaipur IPL Cricket (JIPL), the joint-owners of Rajasthan Royals, to transfer its entire equity abroad in a cashless transaction. The Foreign Investment Promotion Board (FIPB) rejected the JIPL plea on objections from the Sports Ministry, a source said.
The finance ministry is understood to have turned down, for the second time, a proposal of Jaipur IPL Cricket (JIPL), the joint owners of the Rajasthan Royals IPL team, to transfer its entire equity abroad in a cashless transaction.
The long-serving Bangladesh skipper has come under heavy criticism for the two heavy losses with critics questioning his decision to field first on batting-friendly pitches in both Potchefstroom and Bloemfontein.
This is the first coal scam case in which the special court has delivered its judgement.
Rejecting the plea, the court said the application was "vexatious" and it was apparently moved to delay the trial.
Reliance Power has terminated its mega power project in Jharkhand over inordinate delays in land acquisition.
Chennai Super Kings and Rajasthan Royals were suspended from the Indian Premier League for two years for betting activities of their key officials, Gurunath Meiyappan and Raj Kundra, during the 2013 season of cash-rich Twenty20 cricket tournament.
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