Vivo likely to quit as 2020 IPL title sponsors amid Indo-China diplomatic tensions
New Delhi: Chinese mobile phone company Vivo is likely to pull out as the Indian Premier League's title sponsor for this year and is in talks with the BCCI for an "amicable separation" amid rising Sino-India diplomatic tensions.
The one year pullout could be treated as a moratorium period and if the relations improve, BCCI may look at inking a fresh three-year deal with the company from 2021 to 2023 on revised terms. The IPL will be held in the UAE from September 19 to November 10 this year.
"Yes, the discussions are on between BCCI office-bearers (president Sourav Ganguly and secretary Jay Shah) with the representatives of the company. There is a possibility that Vivo will not be title sponsors for one year," a senior BCCI official told PTI on conditions of anonymity.
Chinese sponsorship became a bone of contention after the BCCI declared it would review the deals following the violent clashes between the armies of both the countries in eastern Ladakh.
The clash, which led to the killing of 20 Indian soldiers, triggered public outrage and led to calls of boycotting Chinese companies and products.
While the IPL Governing Council on Sunday retained all the sponsors, including Vivo which annually pays Rs 440 crore (approximately) as part of a five-year deal lasting till 2022, there is a strong possibility that the company might part ways for a year.
The Board official PTI spoke to said that whenever a decision is taken, it will be amicable and the BCCI is not looking at encashing the bank guarantee.
"In different circumstances, if the sponsors don't keep commitment, BCCI can encash the bank guarantee which it had earlier done in case of errant franchises. But here, both parties are looking at an amicable escape route," the official said.
There were questions raised on the BCCI's decision to retain Chinese sponsors even as the union government banned close to 60 Chinese apps and social media platforms.
"These are sensitive times and need a cautious approach. Once you had said that you will review sponsorship and then did nothing about it, would raise a question mark over your intent on dealing with the Chinese companies," the official said.
The BCCI is already in talks with a couple of Indian companies who are believed to be interested in a short-term sponsorship deal -- one year period.
"It will be difficult to make up the full amount (Rs 440 crore) in such a short time with the tournament being held overseas. Also, there won't be much traction in an empty stadium. But we will come to that once VIVO officially quits," he said.
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Student found dead in hostel room in IIT Kharagpur
Kolkata (PTI): A 22-year-old M Tech student was found dead in his hostel room in the Indian Institute of Technology, Kharagpur, the second such incident reported on the campus within a span of 10 days.
The student, identified as Soham Haldar, was found hanging from the ceiling of his hostel room on Tuesday and he was immediately taken to the institute hospital, where doctors declared him brought dead, an IIT Kharagpur official said.
Haldar, a dual-degree student in Electronics and Electrical Communication Engineering, was a boarder of the Pandit Madan Mohan Malaviya Hall of Residence on the campus.
Police from the Kharagpur Town police station have initiated a probe into the incident as preliminary findings indicated that it could be a case of suicide, though the exact cause of death will be ascertained following the post-mortem examination, the official said.
In a statement, the institute expressed deep grief over the student's death and said a detailed inquiry has been initiated.
The authorities have informed the family and are extending all possible assistance to them, it added.
Director Suman Chakraborty told PTI that the institute will strengthen the mechanism to identify stressed-out and depressed students and take follow-up steps to address their issues.
The grief-stricken parents of the student, who hailed from Barasat in North 24 Parganas district, have come to the campus and the authorities will speak to them, he said.
"Haldar's friends, faculty and staffers also could not gauge any stress or anxiety in him. But we need to enable students suffering from anxiety and extreme stress to open up their minds and do everything needed to prevent such incidents," he said.
Investigators are also scrutinising CCTV footage from the hostel premises to piece together the sequence of events leading to the incident.
The incident comes close on the heels of another student's death reported on April 18, when 21-year-old Jaibir Singh Dodia, a third-year Mechanical Engineering student from Ahmedabad, allegedly died after jumping from the eighth floor of the Atal Bihari Vajpayee Hall of Residence. That case is also under investigation.
The back-to-back incidents have once again brought the issue of mental health and student support systems at the institute into focus, especially in view of several such cases reported last year.
