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.
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.
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.
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.