Royals, CSK refunded 30 % of franchise fees
BCCI has refunded 30 percent of franchise fees paid for IPL 2016 by suspended franchises, Chennai Super Kings and Rajasthan Royals, amounting to Rs 11.4 crore and 8.4 crore respectively.
Chennai Super Kings Cricket Ltd, that owns and operates the southern franchise, was last month refunded the first instalment of Rs 1,141,14,000 that amounts to 30 per cent of the franchise fees paid to BCCI, according to information put up on the BCCI website. Similarly, Jaipur IPL Cricket Pvt Ltd, that owns and operates Rajasthan Royals, had been paid Rs 8,40,18,000, constituting 30 per cent of the franchise fees paid by it to BCCI.
Both these franchises, which have been suspended for two years from playing in IPL by the Justice Lodha committee as punishment for their owners indulging in betting, had paid the franchise fees under protest.
CSK and RR had moved the Bombay High Court in April, against the levying of franchise fees by the BCCI.
The BCCI had decided for an out of court settlement by waiving the annual franchise fees to these two teams during their suspensions at its working committee meeting held in New Delhi last month.
The BCCI also rewarded the Hyderabad Cricket Association with a cash prize of Rs 28.75 lakh for providing good wickets and outfield for IPL 2016. -PTI LUCKNOW: Javelin thrower Annu Rani smashed her own national record and in the process became the first Indian woman to cross the 60m mark on the third and penultimate day of the 56th Open National Athletics Championships here. Annu, who won a bronze in the 2014 Incheon Asian Games, threw the javelin to a distance of 60.01m to erase her own earlier national mark of 59.87m which she made in July during the National InterState Championships in Hyderabad. 24-year-old Annu was representing Railways. Today's effort was his fourth national record in two years. Poonam Rani of ONGC won the silver with an effort of 56.73m while the bronze went to another Railwaywoman K Rashmi with 51.56m. In men's jump, for the first time in Indian athletics history, all the top three finishers cleared 2.20m. -PTI