22
Friday
June 2018
5:32 AM IST
News Headlines
Home   | Main News   | Kerala  | National   | International  | Business   | Sports   | Entertainment   | Columns   | Offbeat   | About Deepika 
Sports News
Competition Commission of India slaps Rs 52 cr fine on BCCI?for ‘abusing power’
 
(NEW DELHI, Nov 30, 2017):The Board of Control for Cricket in?India (BCCI) suffered a huge blow on Wednesday as Competition Commission of India slapped Rs 52.24 crore fine on the national cricket body for anti-competitive practices with respect to Indian Premier League (IPL) media rights.“The assessment of the Commission clearly brings out that the impugned clause in the IPL (Indian Premier League) Media Rights Agreement has been pursued by BCCI consciously to protect the commercial interest of the bidders of broadcasting rights as well as the economic interest of BCCI,” it said.The original case was filed by Surinder Singh Barmi, a New Delhi resident.

In its 44-page order, the Competition Commission of India (CCI) said the penalty of Rs 52.24 crore comes to nearly 4.48 per cent of the average of the BCCI’s relevant turnover during the last three financial years.
The average turnover of Rs 1,164.7 crore is for three financial years -- 2013-14, 2014-15 and 2015-16.In February 2013, the watchdog had slapped a fine of Rs 52.24 crore on the BCCI.Although at present, the average of the relevant turnover is slightly higher than the one which was considered by the CCI while passing the order in February 2013, the regulator said it prefers to maintain the penalty amount.


Six Indians enter quarters of Mongolian boxing tourney
Iran in U-turn on women in stadiums as World Cup fever takes hold
Yo-Yo effect: BCCI for fitness tests before selection
Tick, Tock: Time running out for Messi to deliver
Two-goal Kane gives England 2-1 World Cup opening victory over Tunisia in Volgograd
India's Srija stuns fancied Belgian Anna at women chess meet
Mexico shock World Cup holders Germany
World Cup: Serbia edge out Costa Rica in Group E opener
Messi penalty saved as Iceland hold Argentina
FIFA World Cup 2018: Russia stun Saudi Arabia in opener, substitutes shine in 5-0 win
India vs Afghanistan, one-off Test: Afghanistan fight back as India reach 347-6 on Day 1
Afghanistan not nervous about Test clash with India, says skipper Asghar Stanikzai
Amelia Kerr slams 232* to break 21-year-old record in Women's ODIs
Defending champions Germany arrive in Russia for World Cup
Navdeep Saini replaces Mohammed Shami in Test team against Afghanistan
David de Gea wants Spain's PM to offer public apology
Women's hockey: India begin 5-match series against Spain
Sunil Chhetri scores a brace to equal Messi's record, wins India the match
Rafael Nadal claims record-extending 11th French Open title
Neymar on target again as Brazil beat Austria
KERALA NEWS
Kerala among 13 states on thunderstorm alert
 (New Delhi, May 7, 2018): Thunderstorms accompanied by squall, hail and heavy rains are likel  
Kerala Karshaka Jadha Opens to a Great Beginning / Video
Malappuram press club attack: RSS workers nabbed
Workers injured in mudslide at construction site
INTERNATIONAL NEWS
Iran lawyer arrested after claiming executed man innocent
 Tehran, June 20 (AFP) An Iranian defence lawyer has been arrested after claiming a man executed this
UK PM calls US images of migrant children 'deeply disturbing'
Merkel, Macron search for reforms to halt EU 'disintegration'
S Korea, US confirm suspending military drills
NATIONAL NEWS
Inform people about govt's achievements: Khattar to BJP morchas
 Chandigarh, June 20 (PTI) Eyeing the Lok Sabha and Haryana Assembly polls next year, senior BJP lead
Leaving CEA job for very compelling reason; will leave by early Sep: Subramanian
Kejriwal faces health issues; likely to join naturopathy course in B'luru
Naveen Patnaik too seeks spl category status for his state
Untitled Page
Rashtra Deepika LTD
Copyright @ 2017 , Rashtra Deepika Ltd.