Jeddah (Saudi Arabia) (PTI): India batter Shreyas Iyer became the most expensive player in the history of IPL as Punjab Kings broke the bank to buy him for Rs 26.75 crore in the tournament's mega auction here on Sunday.
Iyer surpassed the record held by Australian pacer Mitchell Starc, who was bought by Kolkata Knight Riders for Rs 24.75 crore in the last auction.
Among others, Left-arm seamer Arshdeep Singh's consistency earned him a massive bid of Rs 18 crore, also from Punjab Kings via the Right to Match card, while South African speedster Kagiso Rabada was bought for Rs 10.75 crore by Gujarat Titans.
Iyer, the former Kolkata Knight Riders captain, started with a base price of Rs two crore.
Delhi Capitals had the bid at Rs 26 crore for him but PBKS raised the amount to get the player.
Chennai Super Kings started with the first bid for Arshdeep, whose base price was also Rs two crore.
Eventually, after an intense bidding war, the seamer was bought back by Punjab, who exercised the right to match option to complete the deal, having released him earlier.
This is the second time an IPL auction is being held outside the country after last year's event in Dubai.
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Pune, Nov 24: The Maharashtra excise department on Sunday cancelled the permit for serving alcohol at actor-singer Diljit Dosanjh's concert in the Kothrud area of Pune later in the evening, an official said.
The department cancelled the permit after people from different quarters, including Kothrud's newly elected BJP MLA Chandrakant Patil, objected to plans to serve liquor at the programme.
State excise commissioner C Rajput said, "The state excise department has cancelled the permission to serve liquor during the programme."
MLA Patil raised an objection against the concert scheduled at Kakade Farm in Kothrud later in the evening.
The BJP leader, in a statement, said, "Such shows are not part of the city's culture. This will create a major disturbance for residents of the area. The event will also cause traffic jams. Hence, I have urged the city police commissioner to cancel the programme."