Bombay High Court Orders BCCI to Pay ₹538 crores to Kochi Tuskers
The Bombay High Court has asked the BCCI to pay INR 385.50 crore to Kochi Cricket Private Limited (KCPL) and INR 153.34 crore to Rendezvous Sports World (RSW) at the time of termination of the Kochi Tuskers Kerala IPL franchise in 2011. The Kochi franchise is owned by KCPL, and RSW has played one season…
Himanshu
Disney India Agrees To Sell Its 60% To Viacom18
Broadcasting companies Sony and Zee were in talks of merging, but that fell apart due to financial and internal issues. However, in a historic deal, Disney India has now come to a preliminary agreement to sell 60% of its business to Reliance’s Viacom18. This means most of Disney’s business rights will go to Viacom18 and…
Abdullah Ansari