Pune and Kochi are the two teams for the forthcoming editions of the Indian Premier League, commissioner Lalit Modi announced in Chennai, on Sunday. Sahara successfully won the Pune franchise after they bid the highest amount of US $370 million, while the Kochi team was won by a consortium Rendezvous Sports for a whopping amount of $333 million.
Top shuttlers, including Olympic champion Carolina Marin of Spain and Rio silver medallists P V Sindhu, will be for grabs when the high-profile Players' Auction for the lucrative Premier Badminton League (PBL) gets underway in New Delhi on Wednesday. Besides Marin and Sindhu, Olympic bronze winner Viktor Axelsen of Denmark will be among the 16 Olympic medallists who have confirmed their participation at the second edition of the event to be held from January 1 to 14.
The liquidator said the properties are being sold under two distinct phases over a period of two days