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Posts Tagged ‘ finance ’

IPL franchises wake up to financial realities

Apr 1st, 2008 | By Aditya | Category: Top Stories

Now that the hype has died down a little bit, the franchises have started to look inward to figure out what the hell they’ve promised. And it turns out, the picture isn’t as rosy as they’d thought.
The UB group, the owners of the Bangalore Royal Challengers have calculated that the team will take 6-7 years [...]

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Karmayudh ya Dhanyudh ?

Mar 14th, 2008 | By sandeeps | Category: Analysis and Speculation, Top Stories

The IPL cricketing extravaganza will see eight teams representing different cities slug it out in the Twenty20 format. The teams are franchisees which are owned by the biggest names in corporate sector and Bollywood, but what’s more interesting is how the money is going to flow in this mega-event!
Let’s have a look at [...]

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Insurance in focus for the IPL

Feb 27th, 2008 | By Aditya | Category: Teams, Top Stories

After paying the super-high annual salaries to the cricketers, the teams have now settled back to wonder what happens if their 6-Crore-a-year Dhoni ends up injured and can’t play. Solution? Insurance!
The BCCI contract requires the teams to buy insurance to cover these kinds of eventualities. This has scope for plenty of scope for innovation in [...]

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