BCCI said the High Court litigation would have taken a long time and therefore in the interest of the game it decided to cancel the contract awarded to Zee.
The Madras high court came down heavily on former BCCI chief Jagmohan Dalmiya for termination of the tender process for telecasting cricket matches in the country.
The XLRI School of Management, Jamshedpur, invites corporates, entrepreneurs, professionals, MBA students and undergraduate students to attend its annual festival, Ensemble 2007.
Television buffs in India are in for another bout of thrills on the small screen when Reality Television starts beaming its programmes from February one.\n\n\n\n
The Madras high court directed the Board not to finalise any tender or contract to telecast the upcoming India-Pakistan series till next Thursday.
It said it may do so incase the legal telecast row between ESPN-Star Sports and Zee Telefilms Ltd is not resolved soon.
After Zee Telefilms, it may be Star, which joins the race for direct to home service and is likely to tie-up with the Tatas in an estimated Rs 250 crore (Rs 2.5 billion) venture.
The Securities and Exchange Board of India (Sebi) on Monday barred trader Ketan V Parekh and his associates, who were instrumental in the stock scam of 1999-2001, from accessing the stock market for another ten years . Sebi, in an order issued on Monday, said it was banning Ketan Parekh and associates for a total of 14 years, effective from December 12, 2003.
The BCCI warned its players against joining unapproved competitions in a bid to counter the Indian Cricket League being planned for September.
The BCCI could lift a ban to lure players from an unofficial Twenty20 league into their own lucrative version.
Telecom, steel, and construction stocks witnessed buying
The battle between BCCI's IPL and Essel-backed ICL threatens to shake up the game's biggest global market.
The Madras High Court on Monday stayed an order of a single judge who had held that termination of tender proceedings was 'improper'.
The BCCI said it will not award the contract for telecast of cricket matches to be played in the country, including next month's India-Pakistan series, till February 17.\n
Leading IT companies i-flex Software and Satyam Computers have made their way to Forbes Global's list of 100 'best under a billion' companies in Asia Pacific.
The BCCI Working Committee decided to maintain status quo on the issue of telecast rights.
The Delhi high court though approved the interim arrangement for the India-Sri Lanka and India-South Africa series.
Citing the continuing 'cyclical turnaround' in the economy and the 'positives' in Union Budget for 2003-04, mutual fund Franklin Templeton has said the FMCG segment was in for better times.
The Bombay high court asked the BCCI not to entertain anyone other than Zee Telefilms Ltd and ESPN-Star Sports Ltd for the telecast rights' contract.
The government on Tuesday cleared 34 foreign direct investment proposals worth Rs 617.28 crore, including Zee Telefilm's plans to issue Rs 480 crore foreign currency convertible bonds to two foreign companies.
As many as 18 Indian companies from software to entertainment, including Wipro, Infosys and Zee Telefilms have been listed by Forbes magazine among 200 successful companies outside the United States.
The Sensex has ended 46 points higher at 6,010.
ESPN-Star Sports on Monday informed the BCCI that they are ready to produce the live telecast of the matches and share the feed with Doordarshan.
The inclusion of Tata Consultancy Services in the BSE Sensex from June may act as a drag on it in the same way as it dampened movement in the Nifty since April 19, when the company announced its disappointing Q4 results.
Journalist Tarun Tejpal told the Delhi high court on Friday that he will publish an apology in a national daily stating that an Indian Army officer, against whom he had levelled allegations of corruption in defence procurement, had not accepted any money.
Justice Neena Bansal Krishna said there was no merit in the plea, also filed by the news portal's journalist Aniruddha Bahal, as there is no error apparent on the face of record or a mistake which can be corrected within the ambit of review.
Goyal said he tried to buy out ColorPlus from Raymond a few years ago.
Essel Group has confirmed its plans to set up a rival Twenty20 cricket league.
