Bookies lose Rs.35,000 crore after police crackdown

New Delhi, (IANS): With a pan-India crackdown on betting rackets, Delhi bookies have suffered a whopping loss of Rs.35,000 crore as most of them have either wind up their business or have gone underground after the spot fixing in the Indian Premier League (IPL). The business was worth Rs.50,000 crore at the start of the Indian Premier League (IPL), but within a week, with the arrest of three Rajasthan Royals cricketers, it has been reduced to Rs.15,000 crore, Delhi Police sources told IANS. According to police officials, with the authorities...

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Warriors' withdrawal a smart business move

Opting out.Pune Warriors' withdrawal from the Indian Premier League is a smart busiess move that will save the Sahara group Rs. 400 crore annually, a Business Standard report has claimed. The savings have been estimated keeping in mind Sahara's departure from the Twenty20 league and the assumption that they will not re-bid to sponsor the Indian cricket team when the contract ends in December. Huge lossesThe company is expected to incur...

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Tendulkar out of IPL with hand injury

New Delhi, (IANS): Sachin Tendulkar will not take further part in the Indian Premier League owing to an injury on his left hand, his team Mumbai Indians said on Wednesday. Tendulkar, who did not play the Qualifier I against Chennai Super Kings on Tuesday, has been ruled out of action for three weeks, according to a Mumbai Indians statement. "Sachin Tendulkar has injured his left wrist and hand while batting in the game against Sunrisers Hyderabad...

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Will 'Champions' win back the fans?

Mumbai, May 23 -- When the first ICC Champions Trophy was played 13 seasons ago, the Men in Blue were grappling with the fixing menace. On the eve of the last edition, set to begin within a week in England, Indian cricket is again mired in the same controversy.It was in 2000 that the infamous match-fixing scandal broke out, which led to the end of the careers of some prominent names, including Mohammad Azharuddin. Since last week, the sport...

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