ITT
Indian Coast Guard rescues 11 in a sea-air operation after merchant ship en route from Kolkata to Port Blair sinks
Eleven individuals were rescued by the Indian Coast Guard from a sinking merchant vessel traveling between Kolkata and Port Blair. Coast Guard ships Sarang and Amogh, along with a Dornier aircraft, conducted the mission in challenging sea conditions. ITT Puma sank 90 nautical miles south of Sagar Island during its journey.
ICC releases tender for media rights sale in MENA region
The International Cricket Council (ICC) has issued an invitation to tender (ITT) for media rights in the Middle East and North Africa (MENA) market. The tender includes separate packages for men's and women's events over a four-year period. The ICC has already secured media rights deals in India, Canada, Africa, the US, and the UK, including a partnership with Disney for $3 billion until 2027.
India's cricket board invites bids for title sponsor rights for its events
The Board of Control for Cricket in India (BCCI) has invited bids from 'reputed entities' to acquire title sponsor rights for all BCCI events, according to a statement. The Invitation to Tender costs Rs 100,000 plus any applicable Goods and Services Tax, and will be available for purchase until August 21, 2023. In June, fantasy gaming platform Dream11 won BCCI's lead sponsor rights for reportedly Rs 358 crore.
BCCI invites bids to own IPL teams
"Board of Control for Cricket in India (BCCI) announces release of Invitation to Tender for the right to own and operate a team in Women's Indian Premier League," the board said in a statement.
Women's IPL: BCCI invites bids for media rights for five-year period
The 'Invitation to Tender' (ITT) bid document costs Rs 5 lakh plus applicable tax. The procedure to procure the ITT documents is enlisted in Annexure A of the document. The ITT will be available for purchase till December 31, 2022. Any interested party wishing to submit a bid is required to purchase the ITT. However, only those satisfying the eligibility criteria set out in the ITT and subject to the other terms and conditions set out therein, shall be eligible to bid.
ICC is set to release ITT media rights for Australia, US, West Indies, Canada
After selling ITT media rights in India, ICC is now proceeding to the next phase of market sales for the US, Canada, and other countries.
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Potential conflict of interest: Nooyi to recuse herself from ICC media rights process
Amazon, owned by Jeff Bezos, had pulled out of the IPL media rights auction with Star and Viacom winning the TV and digital rights, respectively, for record amounts.
4.7-magnitude earthquake jolts Jammu and Kashmir
The quake occurred 202 km inside the earth's crust and itts coordinates were latitude 36.52 degrees north and longitude 71.18 degrees east. No casualty or damage to property were reported from anywhere so far, officials added.
We have ensured that smaller players can also be part of IPL media rights bidding process: BCCI treasurer Arun Dhumal
The BCCI has set a combined base price of approximately Rs 33,000 crore for the media rights for 2023-2027, the double of what Star India paid for the existing rights.
BCCI invites tender for IPL media rights
Announcing the release of the ITT, Jay Shah, secretary, BCCI, tweeted, "I'm pleased to announce that @BCCI has issued the tender document for @IPL media rights for seasons 2023-27. With 2 new teams, more matches, more engagement, more venues, we are looking to take #TataIPL to newer and greater heights." He also wrote that the BCCI will be conducting an e-auction for the first time for the IPL media rights.
Eyeing $6 billion windfall, BCCI floats IPL media rights tender
The BCCI is expecting aggressive bidding for the digital space between the likes of Amazon Prime, Meta and YouTube. The detailed terms and conditions are mentioned in 'Invitation to Tender' (ITT) which will be made available on receipt of payment of non-refundable fee of Rs 25 lakh excluding GST, the BCCI said in a statement. The ITT will be available for purchase till May 10.
Sanjiv Goenka's RPSG Group gets Lucknow franchise with over Rs 7,000 crore bid: BCCI source
The RPSG group which is headlined by billionaire Sanjiv Goenka was considered to be serious bidders for a new franchise. Whether RPSG would have any individual or other company as a part of the consortium is still not known.
IPL 2022 to have 74 matches; each team to play 7 home, 7 away games
BCCI announced the following successful bidders (subject to definitive documentation and other formalities being completed): RPSG Ventures Ltd. - Lucknow (for INR 7,090 crores) and Irelia Company Pte Ltd (CVC Capital Partners) - Ahmedabad (for INR 5,625 crores).
IPL franchise attracts foreign investors; Manchester United owners pick bid documents
Among others that have picked up the bid document are Adani Group, Torrent Pharma, Aurobindo Pharma, RP-Sanjiv Goenka Group, Hindustan Times Media, Jindal Steel (led by Naveen Jindal), entrepreneur Ronnie Screwvala and three private equity players, the report said.
BCCI extends deadline for purchasing tender document for new IPL teams
"Pursuant to requests from various interested parties, BCCI has now decided to further extend the date for purchasing the ITT document till October 20, 2021," a BCCI release said.
Bidding for new IPL teams planned on October 17
The BCCI had on August 31 invited bids to own an IPL franchise with "Invitation to Tender" available for purchase till October 5.
BCCI floats tender to invite bids for 2 new IPL teams
The IPL governing council (GC) on Tuesday invited bids for franchises by floating an invitation to tender (ITT). Interested parties can buy the ITT for a non-refundable fee of `10 lakh (plus taxes) till October 5.
BCCI issues tender for two new IPL franchises
"The Governing Council of the IPL invites bids to acquire the right to own and operate 1 (one) of the 2 (two) new teams proposed to be introduced to take part in the Indian Premier League from the IPL 2022 season, through a tender process," the Board of Control for Cricket in India (BCCI) said in a statement.
Team India kit sponsorship: Puma buys bid document, Adidas could also enter fray
As far as Puma is concerned, it has had an increased interest in the Indian market over the years especially through IPL but now it also has India captain Virat Kohli as its brand ambassador along with KL Rahul.
Tally Solutions signs MoU with the ICAI to promote digitization
The initiative is aimed at propelling the use of technology among chartered Accountants thereby bringing in greater efficiency in their practice.
View: Does outlawing Triple Talaq serve a greater purpose for BJP?
Like all parties, BJP ‘cares’ for a section only because, and till the point, this section serves its purpose.
View: Triple Talaq bill fails to address the crucial aspect of 'maintenance'
Ever since the Jawaharlal Nehru led government legislated the Hindu Marriage Act 1956, a section of society has been harbouring a grievance regarding why Muslims were ‘spared’ from a similar reform.
BCCI invites bid for IPL title sponsorship
Chinese mobile firm Vivo had bagged the title sponsorship right of the T20 League for a two-year period (2016 nd 2017).
BCCI invites tender for title sponsorship of cricket home series from seasons 2015-2019
The rights on offer include sponsor branding of the series with the title sponsor logo for international or domestic series.
BCCI aims to double title sponsorship earnings from 2015
However, the bidding amount by Star was 39 per cent lower than what Bharti Airtel shelled out to win the rights in the previous season.
BCCI invites bids for title sponsorship
The ITT will be available at BCCI headquarters in Mumbai from August 6 and the cost has been kept unchanged at Rupees two lakhs.
US Headquartered Xylem aims to grow in water solutions
New York based technology company ITT’s Indian venture Xylem Water Solution will complete supply of largest sea water handling vertical column discharge pumps to Coastal Energen Coal based thermal power plant near Tuticorin in Tamilnadu by year end.
ITT cuts jobs, lowers outlook as economy sours
Diversified manufacturer ITT Corp scaled back its full-year earnings and revenue forecast on Friday as it plans to cut jobs and ramp up its restructuring in the face of a souring economy and unfavorable exchange rates.
ITT to supply rail dampers, shock absorbers to railways
Engineering and manufacturing company, ITT Corporation, on Friday said its energy absorption business has received a $ 1,000,000 order for KONI-branded dampers and shock absorbers from Indian Railways.
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