Saturday 24 November 2012

       
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SportzPower Daily www.sportzpower.com
Nov 24 Vol 01, Issue 1086
TODAY'S TOP HEADLINES
Penal action against BCCI on tax audit reports
The Indian government said it has initiated penal proceedings against the Board of Control for Cricket in India (BCCI) for non-filing of tax audit reports for five assessment years
IOC threatens to disaffiliate IOA on holding elections under government's Sports Code
The International Olympic Committee (IOC) is coming in as a saviour for IOA by threatening to disaffiliate IOA if the elections scheduled for December 5 are held as per the Sports Code of the government of India.”
India to host inaugural T-20 cricket WC for blind; organisers seek financial support
Nine countries will compete in the first-ever T20 Blind Cricket World Cup which is slated to be held from December 2-13 in Bangalore. The touranament is a joint effort of the Bangalore-based NGO Samarthanam and Cricket Association for the Blind in India (CABI).
TOP STORY PICKS OF THE WEEK
Force India to get £50m investment: Vijay Mallya
Force India co-owner Vijay Mallya confirms that his F1 team will be getting a £50 million capital infusion that he believes will help it move up the grid next year
Pepsi outbids Aircel, uncorks IPL title rights for Rs3.97bn
PepsiCo new IPL title sponsor after committing a whopping Rs 3.968bn, pips Aircel, which had offered Rs3.16bn for 5-year rights beginning 2013
'IPL investment reiterates importance of India business in PepsiCo global system'
Title association and other benefits will allow brand Pepsi and other PepsiCo brands to gain "more than conventional sponsorship benefits", says Deepika Warrier, vice president - Beverage Marketing
Coca-Cola back in F1, ignites new partnership for its burn brand with Lotus
About the deal with Lotus, Coca-Cola says it will "incorporate art and music in a way that will break the conventions of traditional Formula 1 sponsorship marketing”
TNTA, Aircel finalising continuation of ATP event in Chennai'
Ball in Tamil Nadu Tennis Association's court because IMG has reportedly received offers from Turkey and China, which might prompt them to move the season-opener from Chennai
BCCI faces flak from IOC on discriminatory policy against photo agencies
BCCI now facing flak from International Olympic Committee for its discriminatory policy of restricting access to photographers covering ongoing India-England cricket series
Hockey India League auction: Oz, Pak dominate overseas player list
Australia, with all 16 players who were seen at London 2012, and Pakistan make up the largest group in the list of 91 players who will be available for bidding in Hockey India League's upcoming auction
Mahi Racing to set up academies; aims to win 2013 championship
Mahi Racing Team India is planning to set up racing academies, one each in Delhi and a still to be announced city in South India after the 2013 season is over
News Corp takes 49% stake in Yankees Entertainment & Sports Network
News Corp takes 49% stake in Yankees Entertainment and Sports Network, a move seen as part of the Rupert Murdoch controlled media giant's larger ambition to launch a rival to ESPN in the US
Kings XI pays Rs 10 million and buys peace with BCCI
The IPL franchise from Mohali, Kings XI Punjab has decided to pay a penalty of Rs 10 million and finish all pending issues with the Board of Control for Cricket in India
IPL players' auction in January; Pakistani cricketers' participation decision to be taken
The players’ auction for the sixth edition of Indian Premier League will be held on 12 January, 2013 in Chennai or a week later in Kolkata
United States GP: Red Bull Racing Clinch Constructors’ Championship
PIT STOP PUNDIT - HRT is hoping to seal deal with interested buyers by first week of December; rumours still abuzz that if sale isn’t completed by then, team will shut shop
Ponty Chadha killed; cloud over HIL Delhi franchise
Fratricidal feud leaves liquor and real estate kingpin Ponty Chadha and his younger brother dead, throws status of Hockey India League's Delhi franchise up in the air”
Modi says new tweet on Tharoor reason for extradition action
Lalit Modi alleges recent efforts by the government to enforce his return are motivated because of his tweeting regarding the "impropriety of re-inducting" Shashi Tharoor into the Cabinet
Nike closes for $570m sale of Cole Haan to Apax Partners
Under a month after offloading football brand Umbro, Nike reaches definitive agreement to sell its Cole Haan affiliate to Apax Partners for $570m
AIFF elections on 20 Dec; exco ok for Kerala Premier League
AIFF executive committee has given permission to the Kerala Football Association to launch its proposed franchise based Kerala Premier League
Trace Sports HD launches in India
Positioning itself as the E! for Sports, the channel's core TG is Male 16-34; Sports reality TV, lifestyle magazines, news & gossip make content mix of Trace Sports HD
Headliner - Crowded Out: Learnings from Hillsborough
The Hillsborough Stadium crush of 1989 (“Hillsborough Crush”) is a key moment in the history of sports arena construction and crowd management, as it led to the removal of standing terraces in all first division and second division football club stadiums and adoption of sound crowd management practices, through a reduction in capacity of all stadium terraces by 15% and the prohibition of the practice of free seating for ticket holders.

FROM THE HOME PAGE
 
VIEW POINT

IPL gets a reality check with sharp drop in team value; dampens hopes of teams looking for buyers

SPORTZPOWER VIEW - Lalit Modi tweets far cry from ground conditions; economic factors overpower super-club sheen; business groups check RoI and stay away


COMMMENTARY

Abu Dhabi Grand Prix: Raikkonen Becomes 8th Driver To Win In 2012

Number of names being discussed for Force India next season and they include return of team’s driver from last year Adrian Sutil, ex-Toro Rosso drivers Jaime Alguersuari and Sebastian Buemi

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