There seems to be no respite from controversies for the Kochi IPL franchise. In fresh developments, it has been reported that Vipul Shah of Parani Developers and 2 others of the Kochi team were raided in Ahmedabad on Thursday.
The Kochi IPL team, which will be making its maiden appearance at the Indian Premier League this season, will henceforth be known as "Kochi Tuskers Kerala", sources said.
Kerala government and other sport lovers of the state on Sunday welcomed the Board of Control for Cricket in India's decision to give approval to Kochi IPL team.
The Board of Control for Cricket in India (BCCI) might have given Kochi IPL team a fresh lease of life by giving them a 30-day deadline to resolve all their problems, but it seems the consortium is a fighting a losing battle.
When the Kochi IPL team was won after a whopping bid of US $333 million (Rs 1533 crores), -- the second-most costliest purchase in the Twenty20 tournament -- it sent shockwaves around the country.
Noting that time is running out for the Kochi IPL team, Kerala Cricket Association (KCA) Secretary TC Mathews on Wednesday said that only a miracle could now save the franchise from getting the axe.
The Income Tax (I-T) department has said Tharoor did not benefit from the Kochi IPL deal. Meanwhile, the finance ministry has said that the I-T department is probing IPL Commissioner Lalit Modi's offshore money and trying to find out if stakeholders are fronts for Modi.
Embroiled in a major controversy over its stakeholders, the Kochi IPL franchisee on Thursday effected a change in its top management, appointing Dubai-based businessman Harshad Mehta as its Chairman.
The Shashi Tharoor-Lalit Modi stand-off over the Kochi IPL team reached the Supreme Court on Tuesday with a petition seeking a CBI probe into the Union Minister's alleged proxy stakes in the Rs 1533-crore franchise, won by a consortium, Rendezvous Sports World. Alternatively, the petition urged the apex court to constitute a special investigation team to probe the allegations.
According to one of the Kochi team co-owners, Modi had driven them to 'madness'.
Former IPL commissioner Lalit Modi's lawyer Mehmood Abdi said that his client stands vindicated on the controversy surrounding the erstwhile Kochi franchise following outbursts by Shahshi Tharoor's wife Sunanda Pushkar who died recently.
Brendon McCullum spoke on his 158* knock for Kolkata Knight Riders (KKR) in the opener of the inaugural Indian Premier League (IPL) in 2008
The Bombay High Court has dismissed the petitions of the Board of Control for Cricket in India (BCCI) challenging arbitral awards of over Rs 538 crore (Rs 5,038 million) in favour of the now-defunct Indian Premier League franchise Kochi Tuskers Kerala.
Former Indian cricketer Ravichandran Ashwin has expressed his disappointment at the potential exit of all-rounder Ravindra Jadeja from Chennai Super Kings (CSK), saying that the move is "very unlike CSK", a franchise whose "identity was stability and trust in players".
Unable to resolve their differences, the Kochi franchise have withdrawn from the Indian Premier League (IPL) barely two days before the expiry of their one-month deadline, paving the way for the Board of Control for Cricket in India to issue a new tender for a replacement team.
Told to take money and withdraw, the successful but frightened Kochi franchise winners seek Sonia's protection.
Sunanda Pushkar on Sunday quit Rendezvous Sports World which is a stakeholder in IPL Kochi after she decided to return her free equity worth Rs 70 crore to the franchise in a last ditch attempt to save her friend, Union minister Shashi Tharoor.
The players' auction for the forthcoming season of the Indian Premier League (IPL) would be held in January, while a decision on the Kochi franchise will be taken after November 27, the BCCI said in Mumbai on Wednesday.
IPL Commissioner Lalit Modi on Sunday exuded confidence of resolving the controversy over ownership of Kochi franchise saying he had no personal issue either with the team owners or Minister of State for External Affairs Shashi Tharoor.
His consistency comes at a crucial time, with stiff competition for a spot in India's Asia Cup XI following Shubman Gill's return as vice-captain, and the inclusion of wicketkeeper-batter Jitesh Sharma after a stellar IPL season for Royal Challengers Bengaluru.
Indian Premier League commissioner Lalit Modi has threatened to sue Rendezvous Sports. The action comes after Rendevous alleged that Modi had bribed them to withdraw from the race.
Indian Premier League commissioner Lalit Modi on Wednesday ignored the Board of Control for Cricket in India's diktat and took another potshot at the Kochi IPL team owners. IPL chief Modi pointed out that there are still question marks over the ownership of the Kochi franchise and even some of the stakeholders were also not clear about it.
Will Shubman Gill force either Sanju Samson or Tilak Varma out of the playing XI for the Asia Cup opening match against the UAE?
Sunanda, who was not married to Tharoor then, had refuted allegations of any wrongdoing.
Sharad Pawar came out in support of IPL Commissioner Lalit Modi, saying there was nothing wrong in making public names of the stakeholders of the Kochi franchise.
Amidst indications that the investors group of the Kochi IPL team is not too keen in running the franchisee, the IPL Governing Council is likely to take a call on scrapping the team during its meeting at the Bandra Kurla Complex in Mumbai on Wednesday.
In a respite for the squabbling Kochi IPL consortium, the BCCI on Wednesday gave the franchise 30 more days to resolve its disputes or risk termination from the high-profile league.
Former Union Minister Shashi Tharoor is hoping that the Kochi IPL team will be able to compete in the fourth edition, following the BCCI's decision to postpone a final decision on its fate to December 5.
Ahead of the 18th season of Indian Premier League, here all the stats and numbers from the annual cricket extravaganza.
Contrary to news reports, former Australian fast bowler and ex-Pakistan team coach Geoff Lawson has already been named as the coach the new Kochi IPL franchise in the T20 League's 2011 edition.
Kochi Tuskers Kerala, which is making its debut in the 2011 edition of the Indian Premier League, on Wednesday introduced its players and launched its promotional logo for the Twenty20 tournament starting on Friday.
Amid indications that investors of the Kochi IPL franchise have withdrawn, BCCI vice-president Rajiv Shukla said the Board has received "certain letters" from the consortium's stakeholders and a final decision on the troubled team would be taken on November 28.
Adding a new twist to the Kochi IPL franchise drama, Union Minister for Agriculture and the BCCI president Sharad Pawar revealed on Thursday that members of the consortium that won the Kochi IPL franchise wanted to be based in Anmedabad.
Sunanda Pushkar, the woman at the centre of a ownership controversy surrounding the Kochi IPL franchise, is considering filing for damages and has hired a Dubai-based lawyer for the purpose.
The Kochi IPL franchise, which was given ten days to sort out its problems, submitted a letter to the Board of Control for Cricket, on Monday, which will now take a decision on the newly-formed team's fate in the fourth edition of the high-profile Twenty20 league. The BCCI's legal team has been entrusted the task of studying the letter which was forwarded to its president, Shashank Manohar.
Sanju Samson became the co-owner of Malappuram Football Club, which competes in the Super League Kerala.
Sources say that there are serious reservations over the style of functioning of Lalit Modi who appears to have become "more and more high handed and autocratic" with each passing day and one option being considered is to appoint a full time paid professional IPL commissioner to run the league with Modi being made the chairman with much less powers.
Cracking the whip, the BCCI terminated the contract of IPL franchise Kochi Tuskers Kerala for non-payment of bank guarantee, thus abruptly ending the controversial Kerala team's association with the cash-rich league after just one year.
IPL CEO Sundar Raman and Kochi franchisee members are expected to visit the Jawaharlal Nehru Stadium in Kochi on December 16.
The squabbling Kochi IPL franchise on Sunday got yet another breather from the Board of Control for Cricket in India (BCCI) which decided to defer the decision on its fate till December 5 after the consortium's investors reached a last-minute agreement over their shareholding pattern.
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