Learning app Byju's to replace Oppo on Indian team's jersey
New Delhi: The Indian cricketers will soon be wearing a new brand name on their official jerseys with Chinese mobile manufacturer Oppo handing over the sponsorship rights to Byju's, a Bengaluru-based educational technology and online tutorial firm.
The deal between the BCCI and Oppo, which was inked in 2017 for a five-year period, was reportedly worth Rs 1079 crore.
Virat Kohli and his men will be wearing the jersey with the new brand name from the upcoming home season, beginning with the assignments against South Africa from September 15.
A Source said that the transfer is a "tripartite agreement" between Oppo, Byju's and the BCCI and will be signed on Thursday.
"The Oppo and Byju's are negotiating among themselves on the possible handover of shirt sponsorship deal. The CoA has been intimated that they are discussing among themselves on the transfer of sponsorship" a senior BCCI official told PTI on condition of anonymity.
In March 2017, Oppo won the Indian team jersey rights for a five-year period after outbidding Vivo mobiles' Rs 768 crore bid. As per the deal, Oppo was paying BCCI Rs 4.61 crore per bilateral match and Rs 1.56 crore for an ICC event game.
"Any transfer of sponsorship requires the interested parties to inform BCCI about negotiations. Accordingly Byju's and Oppo have informed about their discussion. The BCCI doesn't stand to lose any money as the new company will pay exactly what the old one is paying.
"The BCCI has a clause which allows transfer of sponsorship. Since there is a secrecy clause, the financial dealings can't be spoken about," the official said.
Another official said the transfer could, in fact, translate into more money for the Board.
"The BCCI stands to gain if there is a transfer of sponsorship. The two parties in question will have to pay an extra 10 percent (between them) and also give a notice of six months. They must be negotiating who will carry the burden of those extra 10 per cent," the official said.
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UP: Over 100 monkeys die of toxic chemical, buried in pit to hide carnage
Hathras (UP), Nov 22: More than 100 monkeys perished after inhaling a pesticide sprayed in a food godown and were stealthily buried in a pit, police on Friday said.
The bodies were taken out for a postmortem by a team of veterinarians on Friday.
Circle Officer Yogendra Krishna Narayan said police came to know about the deaths on Wednesday.
Police have registered a case against the employees of Food Corporation of India and started an investigation.
According to police, the chemical in question was aluminium phosphide sprayed on wheat sacks to protect it from insects and rodents in an FCI warehouse on November 7.
A troop of monkeys entered the warehouse through a broken window of the godown on the night of November 7 and ended up inhaling the gas.
When the workers opened the warehouse on November 9, they saw several monkeys dead.
They allegedly chose not to inform their seniors about deaths and buried the bodies in a pit.
The CO said the bodies were exhumed when some Vishv Hindu Parishad leaders came to know about the incident.
As per police count, more than 100 monkeys were exhumed from the pit.
Their bodies were in late stage decay, the officer said.
