18
Sunday
February 2018
6:26 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.


India vs South Africa, 6th ODI: India ride on record-breaking Virat Kohli to win series 5-1
Aussies defeat England in record highest T20I chase
Relentless India eye 5-1, South Africa aim consolation
Vijay Hazare Trophy: Kerala boost qualification hopes with huge win over UP
India women look to continue dominance over SA in 2nd T20
Six teams for T20 Mumbai League
Duminy to lead South Africa in T20 series against India
It's our biggest overseas ODI triumph, Rohit on SA win
Rohit Sharma on India's win against South Africa
Superb India clinch first ever series in South Africa
Duminy to lead South Africa in T20 series against India
Dipa Karmakar ruled out of Commonwealth Games
India renew pursuit of history, SAfrica hope rally continues
Steve Smith wins second Allan Border medal; Ellyse Perry bags Belinda Clark Medal
Family affair as Serena makes long-awaited return
ISL: Marcelinho puts Pune City on the brink of play-off qualification
La Liga: Cristiano Ronaldo scores hat-trick as Real Madrid warm up for PSG with big win
India vs South Africa, 4th ODI: Proteas steal India's thunder to make it 1-3
India eye milestone win, South Africa hope for revival
Sindhu wins again but India lose 1-3 to Indonesia
KERALA NEWS
Private bus strike: KSRTC emerges winner, collects crores
 (Thiruvananthapuram, Feb 17, 2018, DG): KSRTC buses have brought in record collection as the  
Policeman found hanging
Shuhaib's murder: Six in police custody
Cracker factory accident at Pathanamthitta: 2 dead
INTERNATIONAL NEWS
FBI warned about Florida gunman but failed to act
 (Florida, Feb 17, 2018):The Federal Bureau of Investigation (FBI) said Friday that it receive
Turkey seeks 18 years jail for German-Turkish journalist
Thailand decorates Myanmar's army chief amid Rohingya crisis
Pakistan claims destroying Indian Army post, killing 5 soldiers
NATIONAL NEWS
Indian Banks Association discusses PNB fraud
 (Mumbai, Feb 17, 2018): The apex body of bankers today met here to discuss the Rs 11,400-cro
Former union minister Ponnusamy joins BJP
CBI arrests 2 PNB officials, searches Brady Road branch
India, Iran ink 9 pacts after ‘substantive’ talks between Narendra Modi, Hassan Rouhani
Untitled Page
Rashtra Deepika LTD
Copyright @ 2017 , Rashtra Deepika Ltd.