A total of 62 players were sold at the auction for the 13th edition with the eight franchises spending a total of 1.403 billion rupees ($19.73 million). Australia's Pat Cummins became the most expensive overseas buy ever in the Indian Premier League when the Kolkata Knight Riders paid a staggering Rs 15.50 crore ($2.18 million) for the fast bowler in Thursday's auction in Kolkata on Thursday.
'Did the Moneyball philosophy get redefined in the domain of the cash-rich IPL, which has become an integral part of the cricketing ecosystem?' asks Atanu Biswas.
The queries, sent in November, were mainly about Capital Investment Trust, which the I-T department said, was used for the purpose of transferring foreign funds comprising global depository receipts (GDRs) of the value of $400 million to two Indian entities - Reliance Utilities & Power (RUPL) and Reliance Port & Terminal (RPTL), owned by the Ambani family. A show-cause notice issued on March 29 to Ambani's wife Nita, and their three children.
Arsenal legend Freddie Ljungberg and Spanish World Cupper Luis Garcia will be the centre of attention when Mumbai City FC kick off the inaugural Indian Super League football tournament on October 12 at Atletico de Kolkata, in a tournament that will feature 61 games spread across 70 days.
England all-rounder Ben Stokes became the most expensive overseas purchase -- bought by Rising Pune Supergiants for a whopping Rs 14.50 crore even as some unheralded Indian domestic players trumped seasoned names to land lucrative deals at the Indian Premier League players' auction.
Ambani's holding group launched the Indian Super League, an elite competition of newly created teams, in 2014 with the aim of attracting investment and big global names, much like the Indian Premier League has in cricket. 'It was 100% a wasted opportunity'.
How the IPL teams have shaped up after the auction.
Bollywood star Salman Khan used micro-blogging site Twitter to deny reports of him investing in Indian Super League team FC Pune City. The actor, who was believed to be the co-owner of the Pune franchise, posted: "I do not own any ISL team. My friends Dheeraj & Kapil Wadhawan had asked me to be their partner in FC Pune City.
Atletico de Kolkata, reduced to ten men from the 43d minute, reached the final of the Indian Super League on goal aggregate after playing out a hard-tackling, goalless draw with Mumbai City FC in the second leg semi-final.
'My brother is seedha saadha. He will spend the money on me only,' Hardik Pandya says about Krunal Pandya bagging a Rs 2 crore contract from the Mumbai Indians.
The IPL, which was perhaps the biggest gamble of his life, turned out to be the biggest success story ever, making Lalit Modi a cult in the echelons of global sport.
More stars than they are in heaven were at the Sachin: A Billion Dreams premiere.
This year's auctions will wrap up in one day.
'When Hardik was dropped from the Zimbabwe tour, coach Sanjay Bangar called, telling him to work hard and not lose focus.' 'This really motivated Hardik to do better and he emerged one of the star performers during India A's tour of Australia.'
Argentine legend Diego Maradona will kick off a football conclave on October 3 in the presence of a galaxy of current and former Indian stars like Bhaichung Bhutia, Sunil Chhetri and I M Vijayan.
The IPL has the potential to make cricketers among the best paid athletes in the world if you look at what they will earn per hour.change that.
Rajneesh Gupta presents all the important numbers of IPL 2020.
Rajneesh Gupta brings you the drama and the magic behind all the 12 IPL finals so far.
© 2026 Rediff.com - Investor Information - Advertise with us - Disclaimer - Privacy Policy - Sitemap - Feedback - About us - Terms of use - Grievances