The Cricket Board has decided to hold the inaugural BCCI Inter-Corporate Trophy among 12 teams from September 1 to 8 at four centres - Mohali, Vishakhapatnam, Dharamsala and Bangalore.
The teams have been divided into four groups of three each in the league phase to be held from September 1 to 3 leading to the two semifinals on September 5 and 6 at Mohali and Bangalore.
The final would be held on September 8 at Bangalore, a media release from BCCI Secretary N Srinivasan said on Monday.
The winning team would get Rs one crore and Rs 50 lakh would be awarded to the runner-up of the tournament.
The 12 teams are:
Group A: Indian Revenue, ITC, Air India (Blue)- Mohali
Group B: BPCL, MRF, ONGC - Vishakhapatnam
Group C: All India Public Sector Sports Promotion Board, Tatas, Indian Oil - Dharamsala
Group D: Air India (Red), India Cements, BPCL - Bangalore.