 "New IPL franchises? BCCI likely to release tender post Diwali, says report")
The Board of Control for Cricket in India (BCCI) is planning to bring out a tender for two new franchises in the Indian Premier League (IPL) soon, according to a news report.
According to a new report in the Times of India, the BCCI was considering two new franchises after this year's IPL but later decided to add one for the 2021 edition and the other from the 2022 season.
However, it yet it to get the consensus as the board's top office bearers and IPL's governing council discusses it further.
The tender is likely to come after Diwali, the report quoted a source as saying.
The Adani Group, the Tatas and the RPG-Sanjiv Goenka Group are keen to own a franchise in IPL, according to the report.
One subscription. Two world-class reads.
Already subscribed? Log in
Subscribe to read the full story →*Subscribe to Business Standard digital and get complimentary access to The New York Times
Smart Quarterly
₹900
3 Months
₹300/Month
SAVE 25%
Smart Essential
₹2,700
1 Year
₹225/Month
SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months
Super Saver
₹3,900
2 Years
₹162/Month
Subscribe
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors
Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share
Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor
Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements
Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app
SAVE 25%