The Live Nagpur
  • Nagpur City
  • Nagpur Education
  • Nagpur Sports
  • Business
  • Featured
  • Crime
  • Entertainment & Lifestyle
  • Health & Wellness
  • Nation
  • Politics
  • Trending
  • Vidarbha
  • Obituary

The Live Nagpur


  • Home
  • City
  • Politics
  • Business
  • Education
  • Entertainment
  • Sports
  • Health
  • Crime
  • Forest
  • Featured
  • Vidarbha
Nation

CVC Capital, owner of new Ahmedabad IPL franchise, under scanner for connection with betting companies

by TLN Team October 27, 2021October 27, 2021
written by TLN Team October 27, 2021October 27, 2021
CVC Capital, owner of new Ahmedabad IPL franchise, under scanner for connection with betting companies

The CVC Capital Partners, which recently own the rights for Ahmedabad franchise in the Indian Premier League (IPL), has got into trouble after their connections with betting companies were reported.

There are reports that CPC Capital has invested heavily in speculative and gambling companies.

CVC Capital won the ownership of the Ahmedabad franchise by making the second highest bid of Rs 5,600 crore. He left behind the Adani Group, which had made an offer of Rs 5,100 crore. A source involved in the auction process said Adani Group would consider its options, but no formal complaint has been made yet.

Meanwhile, former IPL chairman Lalit Modi tweeted on this matter and said, “I think betting company can buy IPL team. There is a new rule. Obviously the bidder also owns a large betting company. BCCI did not do its homework. What will Anti Corruption do in such cases?”

In the year 2013, the IPL got a lot of notoriety due to match-fixing and betting. For this reason, Chennai Super Kings and Rajasthan Royals were banned for two editions.

0 comment
FacebookTwitterLinkedin
TLN Team

previous post
Kisan Rail from Godhani (Ngp) to Adarsh Nagar Delhi and Warud to Shalimar
next post
SECR calls vendors for operation of food court and Auditorium on Oct 30

You may also like

Passengers irated with SpiceJet over delays due to...

May 25, 2022

A postmasters obsessed with cricket betting spends savings...

May 25, 2022

DGCA WARNS AIRLINES AGAINST OFFERING UNSERVICEABLE SEATS

May 25, 2022

Ever forced to give service charges in restaurants,...

May 24, 2022

DRDO report finds serious battery defects in EVs...

May 24, 2022

BCCI announces squads for the five-match South Africa...

May 22, 2022

Petrol, diesel prices reduced further by Rs 2.08,...

May 22, 2022

Rajnath Singh advises to become self reliant in...

May 22, 2022

RCB celebrates after Mumbai Indians defeated Delhi Capitals

May 22, 2022

Caller’s name to flash on phone screen as...

May 21, 2022

Trending News

  • NTA opens application Form Edit window for NEET 2022

    May 25, 2022
  • Instagram Outage: Some users left unable to login, refresh feed

    May 25, 2022
  • City’s Pohewala enters first phase of ‘Shark Tank India S2’

    May 24, 2022
  • Three injured after falling from mid-air during paprasailing

    May 23, 2022
  • RTMNU exam in MCQ format off-line mode

    May 20, 2022

Important Links

  • Politics
  • Crime
  • Business
  • Education
  • Entertainment
  • Sports

Available on Playstore & Coming Soon on Appstore

Search

October 2021
M T W T F S S
« Sep   Nov »
 123
45678910
11121314151617
18192021222324
25262728293031

Sign-Up Form

Subscribe my Newsletter for new blog posts, tips & new photos. Let's stay updated!

Footer Logo
  • Nagpur City
  • Nagpur Education
  • Nagpur Sports
  • Business
  • Featured
  • Crime
  • Entertainment & Lifestyle
  • Health & Wellness
  • Nation
  • Politics
  • Trending
  • Vidarbha
  • Obituary
  • Privacy Policy
  • Disclaimer
  • Cookie Policy
  • Terms Of Use
  • Advertise with Us
  • Work with us
  • Contact Us

© 2020 - The Live Nagpur . All Rights Reserved.