Star India, Chettinad Cement among 21 to buy IPL bid document

Star India and Chettinad Cement are among a companies that have bought a bid request for buying a dual new teams in a Indian Premier League.

Apart from Star and Chettinad, it is learnt that Cycle Brand Aggarbatti has also bought bid request from a BCCI.

“There are 21 corporate and vast business houses which have bought bid documents. Now shopping bid papers doesn’t necessarily meant participating in a bid,” a tip BCCI official told PTI on Sunday.

While Star Sports are central broadcasters of India’s home matches as good as matches in Australia, England and ICC tournaments, meditative about shopping an IPL group could be a significant development.

On a other hand, Chettinad Cement is a Chennai based company that is some-more than 50 years old.

Cycle Brand Agarbatti has also been compared with BCCI as sponsors during several general series.

Those who will buy group will be owning it for dual years.

The behest routine will be in retreat sequence as a lowest bidder will be owning a team.

Chennai Super Kings and Rajasthan Royals have been banned for dual years after former BCCI boss N Srinivasan’s son-in-law Gurunath Meiyappan and Raj Kundra were found guilty for their impasse in spot-fixing and betting scandal. Both have been criminialized for life on recommendations of the Supreme Court-appointed Justice Lodha Committee.