Connect with us

News Headline

Race to acquire IPL rights commences

Published

on

MUMBAI: It’s the business of sports! The countdown to the media rights of what is arguably India’s most premium sports property, the Vivo IPL, has begun with the Board of Control for Cricket in India (BCCI) announcing the timeline of the bidding process. The BCCI has made the IPL rights an invitation tender process with the document being made available for purchase from today (19 September) at a purchase price of $10,000.

Three bunches of media rights are being made available: domestic Indian subcontinent TV rights for all the 10 seasons (2018-2027), domestic digital telecast rights, and the rest of the world (RoW) rights — either as a whole package or as territory groupings – each for five seasons (2018-2022). Bidders have also been permitted to make their offers in any combination of the above three rights. The digital rights entail a five-minute delayed telecast.

Non-news TV broadcasters will be in a position to bid for the TV rights. However, the field has been thrown open to broadcasters, mobile operators and internet operators for both the digital and RoW rights, with marketing agencies also being permitted to throw in the hat into the ring for the latter.

Advertisement

The bids can be made singly or as a consortium, as long as the person doing is fit and proper, meets financial standing and BCCI suitability standards criteria, and has no litigation with the cricket body, the BCCI announced.

At the press conference in Delhi, BCCI president Anurag Thakur said:
“IPL is the fastest, most popular cricket league and also the sixth most popular sports league in the world. We want it to be a very transparent process. It is going to be bid- but a most historic. In the last nine years, what we have seen is that the world has recognized it has the top most league. BCCI has been proud to start the league which others have followed.”

BCCI CEO Rahul Johri who made a presentation on the tender process said that it will be two tiered, based on eligibility and on the financial commitment. Bidders will have to make their submissions in two envelopes: Envelope A which will detail the eligibility and envelope B which will contain the financial bid and signed media rights agreement. Financial Bids of only compliant bids will be opened, Johri clarified. He added that the organization was under no obligation to accept the highest financial bid and that it could change the process at any time at its discretion.

Advertisement

Johri pointed out that potential bidders will have an opportunity to seek clarifications till 4 October, with 18 October being the last date for purchasing the tender, and bid submissions will close at 9:30 am on 25 October. Financial bids of only compliant bids will be opened, Johri clarified. The BCCI is expected to announce the winners of the rights the same day.

For the RoW, the BCCI has broken up the rights into territory groups, almost like the league it runs. Group A broadly consists of Asia, Australia, Canada, Caribbean, Central and south America, New Zealand, and Israel. Group B consists of middle east and north Africa while Group C covers the whole of South Africa. Group D includes sub-Saharan Africa, Group E covers the UK and Ireland and British territories and Group F, the whole of the US.

Media observers expect a tough fight between current TV rights holder Sony Pictures Network (SPN) India – which recently acquired the Zee Network’s TEN Sports brand – and digital rights holder Star India for the rights.

Advertisement

Other bidders who could be contenders include telcos like Reliance Jio and Airtel. The next 10 years rights of the IPL are expected to bring in anywhere between $2.5 billion to $3.5 billion for the BCCI.

Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Awards

Hamdard honours changemakers at Abdul Hameed awards

Published

on

NEW DELHI: Hamdard Laboratories gathered a cross-section of India’s achievers in New Delhi on Friday, handing out the Hakeem Abdul Hameed Excellence Awards to figures who have left their mark across healthcare, education, sport, public service and the arts.

The ceremony, attended by minister of state for defence Sanjay Seth and senior officials from the ministry of Ayush, celebrated individuals whose work blends professional success with a sense of public purpose. It was as much a roll call of achievement as it was a reminder that influence is not measured only in profits or podiums, but in people reached and lives improved.

Among the headline awardees was Alakh Pandey, founder and chief executive of PhysicsWallah, recognised for turning affordable digital learning into a mass movement. On the sporting front, Arjuna Awardee and kabaddi player Sakshi Puniya was honoured for her contribution to the game and for pushing women’s participation onto bigger stages.

Advertisement

The cultural spotlight fell on veteran lyricist and poet Santosh Anand, whose songs have echoed across generations of Hindi cinema. At 97, Anand accepted the honour with characteristic humility, reflecting on a life shaped by perseverance and hope.

Healthcare honours spanned both modern and traditional systems. Manoj N. Nesari was recognised for strengthening Ayurveda’s place in national and global health frameworks. Padma shri Mohammed Abdul Waheed was honoured for his research-backed work in Unani medicine, while padma shri Mohsin Wali received recognition for his long-standing contribution to patient-centred care.

Education and social development also featured prominently. Padma shri Zahir Ishaq Kazi was honoured for decades of work in education, while former Meghalaya superintendent of Police T. C. Chacko was recognised for public service. Goonj founder Anshu Gupta received an award for his dignity-centred rural development initiatives, and the Hunar Shakti Foundation was honoured for empowering women and young girls through skill development.

Advertisement

The Lifetime Achievement Award went to former IAS officer Shailaja Chandra for her long career in public healthcare and governance, particularly in the traditional systems under Ayush.

Speaking at the event, Hamdard chairman Abdul Majeed said the awards were a tribute to those who combine excellence with empathy. “These awardees reflect Hakeem Sahib’s belief that healthcare, education and public service must ultimately serve humanity,” he said.

Minister Seth struck a forward-looking note, saying India’s young population gives the country a unique opportunity to become a global destination for learning, health and wellness by 2047.

Advertisement

The ceremony also featured the trailer launch of Unani Ki Kahaani, an upcoming documentary starring actor Jim Sarbh, set to premiere on Discovery on 11 February.

Instituted in memory of Unani scholar and educationist Hakeem Abdul Hameed, the awards have grown into a national platform that celebrates those building a more inclusive and resilient India. For one evening at least, the spotlight was not just on success, but on service with substance.

 

Advertisement
Continue Reading

Advertisement News18
Advertisement All three Media
Advertisement Whtasapp
Advertisement Year Enders

Copyright © 2026 Indian Television Dot Com PVT LTD

This will close in 10 seconds

×