The deal was for the trio -- Sreesanth bowls medium space; Chavan is a left-arm spinner; Chandilya is an off-spinner -- to bowl wides and no-balls.
This amount includes the betting between bookies and also the money spent on spot-fixing. The average amount spent on each IPL game is between Rs 600 crores and Rs 800 crores. For the semi-finals and the final the amount could well cross Rs 1,200 crores.
Malaysian budget airline AirAsia moved a step closer to securing permission to launch operations in India, with Civil Aviation Minister Ajit Singh on Monday saying that all issues concerning the carrier's application have been resolved.
Given the cost structure in the country, it won't be easy for AirAsia to offer 'Nano' fares and still make money.