The three teams -- India Red, India Green and India Blue -- will be captained by Mohammad Kaif, Parthiv Patel and Virender Sehwag respectively.
On a television chat show, the former India coach spoke of the issues he had with Indian players, launching a veiled attack on former captain Sourav Ganguly.
Rahul Dravid and Mahendra Singh Dhoni hit centuries to help India amass a huge 385 for six in 90 overs on Day 1 of the first Test against Sri Lanka in Ahmedabad, on Monday.
India ended Day 1 in the first Test against Bangladesh on a healthy 295 for 3 off 77 overs.
Veteran batsman Rahul Dravid was on Sunday called up to the Indian ODI squad for the upcoming tri-series in Sri Lanka and ICC Champions Trophy. The former India captain, who last played an ODI two years back, in October 2007, was included in the 15-member squad along with Sachin Tendulkar, who was rested for the West Indies one-dayers.
The Multan declaration that snuffed out Sachin Tendulkar's double century in the 2004 Test match had triggered stories of serious differences between skipper Rahul Dravid and the batting maestro, but the two laughed it off as an honest difference in the dressing room.
Jaffer would replace Dravid in the squad which might also see Pathan give way to pacer Sreesanth.
Batting great Rahul Dravid, the second most prolific batsman in the game's history and India's middle order bulwark for years, on Friday, bid adieu to Test cricket, bringing down the curtains on a glorious 16-year career.
Former Australia captain Allan Border does not consider picking five players on the wrong side of 30 in the Indian squad to play against Australia a wise decision but said the selectors might be giving the seniors one last opportunity to perform and exit with a bang. Border said personally he would have preferred more youngsters in the team but would not outrightly criticise the selectors for picking the seniors.
Skipper of the No. 1 Test side, Mahendra Singh Dhoni has attributed his success to the team and said he was lucky to get a good side.
Not willing to blame the batsmen for India's sudden collapse, vice-captain Virender Sehwag said all of them fell to good deliveries though the wicket was playing well. "(Sachin) Tendulkar, Rahul (Dravid), Sourav (Ganguly) all fell to good balls, so you cannot do anything about it. They (Sri Lanka) have quality bowlers," Sehwag said after the first day's play, in which India lost its four batsmen in the space of 10 runs.
A look at India's narrowest victories by run margin -- games that tested nerves, showcased grit, and etched unforgettable drama into Test history.
Sachin Tendulkar, who has played in different eras since his debut in 1989, today rated the current Indian batting as the best line-up he has been part of.
Dravid is allegedly conflicted as he is the NCA Director and also employed as vice-president of India Cements group, which owns IPL franchise Chennai Super Kings.
Sachin Tendulkar on Sunday said he is not playing cricket to prove anything to anybody but because of the sheer love of the game and he is still enjoying the game.
'Sanju Samson is the right guy to take over, and credit to Dhoni because he's hung around, waiting for the right person to come.'
India captain Anil Kumble was ecstatic after winning the third Test against Australia, saying the team in focussed on winning the fourth match in Adelaide and drawing the series.
The four-match series could be the last Test tour of Australia for batting greats Sachin Tendulkar, Rahul Dravid, Saurav Ganguly and Vangipurappu Laxman, as well as leg spinner Anil Kumble, and they are intent on clinching their country's first series win on the game's toughest terrain.
Twelve out of 17 leading players signed for graded payments.
Sachin Tendulkar moved up to 17th, while Sourav Ganguly too climbed a place to 18th in the latest ICC Test rankings.
The withdrawal of top players is a big setback for the tournament even before it could start.
The 30-year-old notched up his 16th hundred in his 65th Test at the Adelaide Oval, reaching the 5000-mark landmark in 108 innings, the same as the legendary Rahul Dravid, who made the No 3 slot his own.
Sachin Tendulkar spared the hosts a century as India's middle-order batsmen warmed up with some useful knocks before the two-day practice match against Cricket Australia Chairman's XI ended in a draw in Canberra on Friday.
Sachin Tendulkar, Rahul Dravid, VVS Laxman and Virender Sehwag feature in an elite list of cricketers who have been a part of at least one win in each Test playing nation.
Master blaster Sachin Tendulkar tops the list of the world's 100 best Test cricketers named by legendary spinner Shane Warne in his book Shane Warne's century', which also features as many as 10 other Indians. Warne's list from among cricketers whom he had played with or against also includes Sourav Ganguly, Rahul Dravid, VVS Laxman, Harbhajan Singh, Virender Sehwag, Anil Kumble, Kapil Dev, Mohammad Azharuddin, Dilip Vengsarkar and Ravi Shastri.
'The back problem is such that every morning I wake up I don't feel the same,' said the 31-year-old ace batsman.
Simon Doull lambasted Indian batters for their poor batting performance against spinners Mitchell Santner and Glenn Phillips during the second Test
Graeme Smith and Shaun Pollock will captain the Rest of the World XI Test and ODI teams respectively.
Sachin Tendulkar remained the highest placed Indian batsman at his unchanged fifth position, while injured pacer Zaheer Khan held on to his sixth spot in the bowling chart of the latest ICC Test rankings issued on Sunday.
A Bangalore-based advocate filed a petition demanding Government take over the BCCI since it has taken a stand that it is a private club.
He is on the verge of becoming the highest run-accumulator in Test cricket, but Sachin Tendulkar continues to fall in the ICC rankings for batsmen, dropping a spot to 24th in the latest list released on Tuesday.
The Board will do everything to protect the interests of the players, vowed president Jagmohan Dalmiya.
Aussie coach John Buchanan has described the bowler as the find of the tour.