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General view of the IPL trophy(IPL Image)

IPL 2020: Franchises to protest to BCCI over additional staging fees

By Rasesh Mandani | Hindustan Times, Mumbai
UPDATED ON MAR 05, 2020 09:14 PM IST
The BCCI reduced the ‘playoff standing fund’ of Rs50 crore to be distributed to the top four teams of the IPL 2020 by half. Also, the franchises would have to additionally pay Rs20 lakh per-match as venue staging fees to the state associations.
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A file photo of Rohit Sharma (L) and MS Dhoni.(PTI)
A file photo of Rohit Sharma (L) and MS Dhoni.(PTI)

Indian Premier League (IPL) 2020 auction to take place in December: Report

By HT Correspondent | Hindustan Times, New Delhi
UPDATED ON SEP 26, 2019 04:54 PM IST
The report states that this season, it will be a mini auction with a Rs 3 crore increment to the salary cap, which means the teams can spend up to Rs 86 crore.
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File image of Argentine footballer Carlos Tevez posing with the Shanghai Shenhua jersey.(AFP)
File image of Argentine footballer Carlos Tevez posing with the Shanghai Shenhua jersey.(AFP)

Chinese football imposes salary cap in new spending crackdown

By AFP | Beijing
UPDATED ON DEC 20, 2018 08:22 PM IST
The swingeing measures are part of a ramped-up effort by the Chinese Football Association (CFA) to clamp down on big spending and get teams to toe a tougher financial line.
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Mukesh Ambani voluntarily capped his compensation at Rs 15 crore in October 2009 amid a debate over right-sizing of CEO salaries.(Reuters/File Photo)
Mukesh Ambani voluntarily capped his compensation at Rs 15 crore in October 2009 amid a debate over right-sizing of CEO salaries.(Reuters/File Photo)

Mukesh Ambani caps salary at Rs 15 crore for 10th year, earns less than deputies

By Kalpana Pathak | Livemint, Mumbai
UPDATED ON JUN 08, 2018 04:07 PM IST
Reliance Industries chairman and managing director Mukesh Ambani has kept his salary, perquisites, allowances and commission together at Rs 15 crore since 2008-09, forgoing almost Rs 24 crore per annum.
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