BCCI Media Rights bid stands at Rs 4244 crores for 5 years
Mumbai: The top bid in the online auction of the Indian cricket board's international and domestic media rights for the period April 15, 2018-March 31, 2023 stands at Rs 4,244 crores, it was revealed on Tuesday.
The bid is in the Global Consolidated Rights (GCR) category, which comprises the worldwide television and digital rights to international cricket hosted by the BCCI in India.
The initial bid was Rs 4,176 crore before it reached Rs 4201.20 crores.
The online auction began here on Tuesday. The bidding process will continue on Wednesday.
The Board of Control for Cricket in India (BCCI), through its Invitation to Tender (ITT) had invited bids for Global Television Rights plus Rest of the World Digital Rights Package, Indian Subcontinent Digital Rights Package and Global Consolidated Rights Package.
The bid submission process began at 10 a.m. and following scrutiny, Star India Private Ltd, Reliance Industries Limited, and Sony Pictures Networks India Private Limited were found eligible to submit online financial bids.
The online auction began at 2 p.m. with all three qualifying bidders actively engaging, the auction went on till 6 p.m., the scheduled close for the day.
The BCCI is being assisted by MJunction Services Limited, Deloitte Haskins & Sells LLP and Cyril Amarchand Mangaldas to ensure the highest level of compliance.
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Niqab incident: Nitish Kumar perhaps revealing his true colours, says J-K CM
Srinagar (PTI): Jammu and Kashmir Chief Minister Omar Abdullah on Wednesday criticised his Bihar counterpart over the niqab incident and said that Nitish Kumar might be slowly revealing his true nature.
"Nitish Kumar, who was once considered a secular leader, may be slowly showing his true colours," Abdullah told reporters here on the sidelines of a function.
Abdullah said Kumar removing the face veil of a Muslim woman doctor was wrong and cannot be justified by any means.
"We have seen this kind of incident here several years ago. Have you forgotten how Mehbooba Mufti removed the burqa of a legitimate voter inside a polling station? That act was wrong, and this act (of Kumar) is also wrong.
"If the (Bihar) chief minister did not want to hand over the order to her (Muslim woman), they could have kept her aside. However, to humiliate her like this is totally wrong," the Jammu and Kashmir chief minister said.
Kumar stirred a huge controversy after he removed the face veil of a Muslim woman at a function earlier this week.
