17
Saturday
November 2018
5:57 AM IST
News Headlines
Sindhu crashes out; Srikanth, Sameer enter quarterfinals of Hong Kong Open        No more chopping and changing till World Cup: Ravi Shastri        Air India eyes Rs 800 cr from sale of over 70 properties        Intel India opens design house costing Rs 1,100 cr at B'luru        US, China see rival visions for entwined Asia-Pacific region        Imran Khan to visit Malaysia next week; likely to seek monetary aid        EC removes Mizoram chief electoral officer after protests        Lankesh murder accused sent to SIT custody in Pansare case        Agri sector needs long-term solutions, loan waiver temporary: Naidu        Top India, China officials hold defence, security dialogue, agree to step up military exchanges        Jailed Om Prakash Chautala Expels Older Son For "Anti-Party Activities"        ISRO Launches Communication Satellite, Has 'Geo-Eye' To Monitor India        US Vice President Mike Pence takes Myanmar’s Aung San Suu Kyi to task over treatment of Rohingya        Sri Lankan Parliament passes no-trust vote against Rajapaksa        Mitchell Starc released from IPL contract ahead of Ashes, WC        World Championships: Older, wiser, stronger Mary Kom attempts to win 6th global title        India to host Italy on grass in Kolkata        It won't be easy for Mary Kom, says High Performance Director Nieva        Sensex rebounds 332 pts on easing crude, rupee gains        Govt mulls second round of 2,500 MW medium-term PPA auction        
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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.


Sindhu crashes out; Srikanth, Sameer enter quarterfinals of Hong Kong Open
No more chopping and changing till World Cup: Ravi Shastri
Mitchell Starc released from IPL contract ahead of Ashes, WC
World Championships: Older, wiser, stronger Mary Kom attempts to win 6th global title
India to host Italy on grass in Kolkata
It won't be easy for Mary Kom, says High Performance Director Nieva
Preparing for Australia tour by watching videos: Shami
3rd T20: Dhawan, Pant take Ind to victory, series win
FC Goa beat Kerala Blasters 3-1 in ISL
Harmanpreet Kaur’s record century headlines India’s big win over NZ in opener
Mumbai City end NorthEast United’s unbeaten run
Chelsea beat BATE 1-0 in Europa League
Srikanth enters pre-quarterfinals of China Open
Kohli's 'leave India' response to cricket enthusiast creates controversy
Luck assists Bengaluru FC in 2-1 win over Kerala Blasters FC
'Unsettled' Dhawan moves to Daredevils from Sunrisers
Cool Karthik, crafty Pandya secure India's nervy 5-wicket win against Windies
Unseeded Khachanov stuns Djokovic to win Paris Masters
Former India U-19 Bowler Saurabh Netravalkar to Captain United States National Team
Virat Kohli solidifies top spot after reaching 10,000 club; Yuzvendra Chahal enters top-10 among bowlers
KERALA NEWS
Sabarimala protests: Arrests up to 2061, Kerala HC warns police
 Thiruvananthapuram, OCT 27: As the number of people arrested for allegedly being involved in violent  
Vijayan urges UAE Keralites to back salary challenge
Sabarimala row: Protests against SC verdict continue
Balabhaskar's wife Lakshmi shifted to ICU
INTERNATIONAL NEWS
US, China see rival visions for entwined Asia-Pacific region
 Singapore, Nov 15 (AP) The US and China offered rival visions for the Asia-Pacific region Thursday a
Imran Khan to visit Malaysia next week; likely to seek monetary aid
US Vice President Mike Pence takes Myanmar’s Aung San Suu Kyi to task over treatment of Rohingya
Sri Lankan Parliament passes no-trust vote against Rajapaksa
NATIONAL NEWS
EC removes Mizoram chief electoral officer after protests
 New Delhi, Nov 15 (PTI) Accepting the demand of some civil society groups, the Election Commission o
Lankesh murder accused sent to SIT custody in Pansare case
Agri sector needs long-term solutions, loan waiver temporary: Naidu
Jailed Om Prakash Chautala Expels Older Son For "Anti-Party Activities"
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