The business of… the IPL scandal
The Indian Premier League was set up in 2008, and is now worth a cool $4 billion. But its fate is in the balance following recent allegations of corruption, fraud, and match-fixing.
May 2, 2010 12:23 by Katherine Azmeh
Chirayu Amin, the interim chief of the IPL, is the man charged with cleaning up the tournament after the widespread corruption charges.
Amin recently told the Indian Express that the IPL would be “bigger, better and transparent” next year – but that it will not feature the glitzy (and controversial) post-match parties introduced by Lalit Modi.
“We have started the investigation in right earnest. We will make IPL bigger than what it is. Cricket is a religion in the country and it would continue to be so. My job as the chairman IPL is to manage the affairs and bring it up to the Governing Council, deliberate with them, and to take decision with consensus,” said Amin.
HSBC Q1 profit falls 14 per cent as market remains uncertain
UAE non-oil business slows in April as employment stalls
UAE – Jersey trade relations: from a tax haven to taxonomy
No fines for negative comments on economy, Dubai confirms
UAE and Azerbaijan discuss economic, trade ties