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.
IPL Commissioner Lalit Modi disclosed the names of the free equity holders in the little-known RSW, which coughed up approximately Rs 1533 crore to bag the Kochi franchise, a move that put Minister of State for External Affairs Shashi Tharoor in a spot of bother, as Sunanda Pushkar, the lady he is reportedly planning to marry, figures in the list.
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.
Satyajit Gaikwad, who has been eased out as spokeperson of the Kochi IPL team, speaks of the behind the scenes activity before and after the Kochi team won the IPL bid in an exclusive interview.
P T Keshav, the CEO of Rendezvous Sports World (RSW) consortium that bid successfully for the Kochi Indian Premier League franchise for $333.33 million, had an 'operational' meeting with IPL CEO Sundar Raman and sports management group IMG in Mumbai on Tuesday.
Told to take money and withdraw, the successful but frightened Kochi franchise winners seek Sonia's protection.
The Indian Premier League's new franchise Rendezvous Sports World (RSW) has threatened to sue IPL commissioner Lalit Modi for breaking the confidentiality terms.
© 2026 Rediff.com - Investor Information - Advertise with us - Disclaimer - Privacy Policy - Sitemap - Feedback - About us - Terms of use - Grievances