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CII projects higher growth… More tributes to GR Fortune 500 review IAS invades NDDB... Intellectual of rare qualities Airlines in India: cost and space Robber barons everywhere The ‘Jayanthi Tax.’ Noble nonagenarians... Shipping woes of Chennai companies Polls and promises Focus on quality of power - its only around 170-180V A welcome initiative by the judiciary Strengthen the base... Cutting the nose to spite the face This scant respect for Law Adapt Vajpayee dinner diplomacy A rich pool of talent not utilised…. TELANGANA at last…BUT Protest masters... No engine for this car TGS- The king storyteller For whom the bell tolls? No Maha Koottani in TN... China invests in India When Ratan Tata visited SRM Silver Years of Madras Musings Banning booze... Poor quality of university VCs How Air-India loses customs... When TN politicians can emulate Kerala's He continues the focus on social amelioration Tax agriculture Music happens Sweet news for TN sugar mills Godspeed, Chief Minister JJ Naidu’s return augurs well for Seemandhra When nations steal growth from one another… ONGC at KG Basin Gay abandon in pricing TIAM turns a full cycle Making ‘my Amaravati’... Tatas moving out of urea production... SoA @ 80 Revving up the manufacturing sector A think tank for Chennai No mega rail project for Tamil Nadu Padma Bhushan for A Ramakrishna Naidu will soon build a new Hyderabad When the President was rendered homeless… PPP mode for upgrading Corporation Hospitals Reliance’s TV – 18 ready to launch Tamil News Channel EEC at the National Media Centre Bihar elections - the Rajaji formula worked Solar, solar everywhere … Mu Sigma – is no more S V Raju – a ‘good’ true liberal MHC should not return to its old indisciplined ways Why this malaise in medical education? TN accounts for the largest recruits by the IT sector Dr C Rangarajan returns to Chennai Increasing non co-operation of state leaders Tatas moving out of urea production... Air Asia India will set new benchmarks for budget travel Readers' Mail New IT products of Ramco in the pipeline… Tribute – Manikam Ramaswami A C Muthiah – his munificent bequeaths to science IPL - no surprise this scam Make standards certification mandatory... Parliament in paralysis... More heat than light Sri Lanka votes for change Recognition to role of NBFCs.... London, London Narayan Delhi Chalo... L&T- the specialty of special purpose vehicles More Shakthi to Das’ elbow The nuclear option CRS, a jewel among managers, is no more. Where is Rajaji? Put expensive assets created to use... Another Indian music maestro at the UN Build close rapport with business leaders Bihar – Nitish Kumar adopts the Lalu model TN-leverage strength of BHEL, NLC... Align crops to agro climate endowments… The star of Spencers is no more R Sridhar steps down as CEO of Shriram Capital Rahman at CIC WTO Meet: resolved to meet again Don’t seem to feel the pulse… Fuel for thought …and of a popular trade leader Wanted: a second airport for Chennai Tough task taking states together Tribute – M V Murugappan Solar thermal shines… Insurance companies bleeding, yet no decision on increasing FDI limit! The few handicaps... West Bengal: mindless malignancy Telangana in top gear… Sweeter prospects for sugar Marketing expert Balagopal is no more L&T: focus on infrastructure and more infrastructure… When small is no larger beautiful.. The Swadeshi Trump Diamond jubilee of Egmore Samskrt School Medical costs hit the roof... TN – agglomerate land holdings without alienating ownership Measuring roof tops in terms of KW/MW Towards speedy justice B H Kothari - a tribute The why of tax incentives EVM is tamper-proof Return to king coal for urea... GNS - 100: our first subscriber Breaththrough in malaria control He saved millions from starvation... Alexa – Talking Wikipedia IPL type auction for VCs? A Grand Finale for SN’s MS centenary at the US… Chennai and Kolkata miss opportunity to grow as Delhi and Mumbai Varuna (rain) in 2015; Vaayu (air) in 2016. Chennai devastated Limit foreign borrowings to hi-tech, export potential projects... Gas is the way forward Remembering Indira Sivasailam... Kudos to NDTV... An informal presentation - analytical, forward locking... Multi-faceted Venkat PC’s preference for professionals Tihar, Puzhal not different from Parappana Agrahara Moily’s bold thrust Lalu’s envy, India’s pride Fall in crude prices help in oil sector reform There was flood of milk. Reason: no milk commissioner! An inexplicable neglect Road development slows down Adharma of opposition politics The ‘Ayyo-yes’ is no more Small units prefers to remain small... Kulandai was a giant A professional at the helm of IRDA... Waning interest in public discussions… Contrarian cousins Welcome changes that testify to Jayalalithaa’s return to health A glass full of corruption Land reclamation from sea appears cheaper! Engineering seats go abegging Come elections, come advertisements... Tribute – UCAL Selvan… Eternal support for capitalisation of PS banks Preserving for the future Modi storms Silicon Valley The power-full Hindujas Secularism and anti-Hinduism Infrastructure funding – lessons learnt Why land prices zoom in TN? F C Kohli - his concerns all embracing Cement prices continue to rise… Roaring Ro-Ro facility The rise and fall of Annamalai University Revive development banks... Odisha: spectacular win by Naveen Patnaik The balancing act Which side are you, Montek? Building loyalty through the stomach A proud Madrasi Shaming of Tamils by Tamil farmers at Delhi All eyes on Sankara Nethralaya Excel Generators provide the vital back-up Maximising the micro pricing … Vibrant Gujarat Inflation: are we emulating Argentina and Brazil? A yen for wastage… Of course, Gujarat is vibrant CSR and CMI: promise of another Srinivasan Ramanujan... Cleaning Ganga – relocate tanneries and install electric crematoria Scientists urged to take up farmer-oriented research Shale gas and its shallow future Like Hinduism: many paths to reach God... The sea- saw battle continues... Auto components surge… Paytm karo... Discoms deserve better… Things happen by accident and not by design... Muffled voices for merit… Boy, can you beat these? Haul over the coal Fortune for Indian Airlines Delhi returns to BJP Delhi is distant… Where a state respects its litterateurs… S Ramanathan – a versatile musician, musicologist An enemy’s enemy is a friend The Gulf aviation boom Five star activism stalls development activity Demise of a media baron... Poor representation for Kerala and TN in Cabinet Delhi is distant Nuclear power at the nucleus Kinetic Karnataka Modi and the lady CIPET hqrs to stay at Guindy – for the present? Should we change the official year? The Jan Dhan bonanza For whom the MIDS bell tolls? A more liberated TN… Editor's Says More Shakti to resource mobilisation... Tribute Welcome thrust on trade in Modi’s foreign visits... Pharma – overdose of copying Colour-Chem’s colourful KRVS Streamlining mandatory third party cover Not just in-laws (and outlaws); they’ve renowned academics at the helm! Permanent secretariat for TN GIM Welcome GST Wise Presidents Whistle-Stop Tour of Raghuram Rajan The rise and rise of KCP Funding the un-funded Welcome focus on core competence Quality silica from Neyveli Computation of GDP – conundrums continue Valli, they are more marginalised Quality education through the PPP mode Rs.1600 crore paper board plant of TNPL Shanti and Sadhana through Music Plummeting profits of PSBs Online not in line with brick and mortar businesses... A Grand Finale for SN’s MS centenary at the US… The Ports’ Pasha expands into Tamil Nadu A friendly business group When online building permits work…. Lesson from Chandrababu Naidu Liberal imports idling indigenous capacities Convulsions in The Hindu GM Technology at last! The brown list of Venkitaramanan Russi Mody – a tribute Mersal magnified Editor's Notes to the lack of interest on the part of these to focus on original research. This despite the much lower costs of such research in India. The industry which thrived on the protection of a closed economy and the advantage of a vast domestic market, has failed to organise its evolution on healthy lines
 
IPL - no surprise this scam
“A BILLION betrayed for a few lakhs” is how the Times of India called it. The Hindu wrote, “Sreesanth puts IPL in a spot, fans in a fix.” That way, one needs to be neither shocked nor surprised. It was just waiting to happen.

The Indian Premier League (IPL) has been the most prolific revenue stream in recent years. It pulls crowds in the thousands on ticket prices that are astronomical. There are constant efforts at expanding the contours of entertainment: if in the earlier years it was a threesome cheerleaders of buxom, sexy dancers, today this includes dancers with local cultural flavours more fully clad. From the drinks served and the food offered to television ads, everything is expensive. With flourishing businessmen and superstars as team owners and with players bought through auctions, there is money all over the place.

In a system where players are bought on vastly varying prices, there is bound to be heartburn on the part of those at the lower rung. A few players at the top have been bought at million dollars, and those at the bottom paid just a few lakhs of rupees. Plus those bought at high prices may perform poorly compared to those at the bottom.

Purchases are made based on past performance and the stature of a player rather than his current capabilities. Like: Ricky Ponting bought for $400,000 by the Mukesh Ambani-owned Mumbai Indians. His record has been consistently poor despite the glamour of his opening the innings with the other celebrity Sachin Tendulkar. This most illustrious pair has been a disaster for MI in all the initial games featuring them. Mercifully, Ponting opted to sit on the bench and the Indian God of cricket still struggles to show consistency.


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