Rendezvous Sports World
Rendezvous Sports World Private Limited (RSW) was a cricket franchise in the Indian Premier League which had 10% of equity on Kochi IPL Team. Rendezvous Sports World Limited is a consortium made up of multiple companies. It had made the winning bid of USD 333 million in a global invitation to tender process called by the IPL for two new franchises from IPL season 2011. In April 2010, it threatened to sue IPL commissioner Lalit Modi for breaking confidentiality terms by disclosing details of the stakeholders in the new Kochi IPL team on the micro-blogging website Twitter. Modi further revealed that of the Rendezvous 25% free, 18 percent share (4.5% of total equity worth Rs. 70 Crores) is held as sweat equity by Sunanda Pushkar, who was then a female friend and later wife of Congress Politician Shashi Tharoor Shashi Tharoor (; ; born 9 March 1956 in London, England ) is an Indian former international civil servant, diplomat, bureaucrat and politician, writer and public intelle ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Sunanda Pushkar
Sunanda Pushkar (27 June 1962 – 17 January 2014) was an Indian-born Canadian businesswoman and the wife of former International diplomat serving under the UN and politician Shashi Tharoor. She was a sales director in the Dubai-based TECOM Investments, and a co-owner of the India-based Rendezvous Sports World (RSW), a cricket franchise in the Indian Premier League. Early life and education Sunanda Pushkar (née Dass) was born on 27 June 1962 in a Kashmiri Pandit family of landlords and army officers native to Bomai. She was the only daughter of Lt Col Pushkar Nath Dass and Jaya Dass. Her father retired from the army in 1983. She has two brothers, one of whom works for a global software company in Dubai; the other is in the Indian Army. The family moved from Bomai to Jammu in 1990, after their house was set on fire by Militants. Pushkar did her schooling at Convent of Jesus and Mary, Ambala and at Kendriya Vidyalaya, Jhansi. She graduated from the Govt women's College in S ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Kochi Tuskers Kerala
Kochi Tuskers Kerala was a franchise cricket team that played in the Indian Premier League (IPL) representing the city of Kochi, Kerala. The team was one of two new franchises added to the IPL for the 2011 season, alongside Pune Warriors India. The team franchise was owned by Kochi Cricket Pvt Ltd., which was a consortium of multiple companies. The KTK only played for one season, in 2011, and was terminated the following year. Franchise history The auction for expanding the initial eight franchises for the Indian Premier League was held on 22 March 2010. The cities involved were Pune, Ahmedabad, Kochi, Nagpur, Kanpur, Dharamsala, Visakhapatnam, Rajkot, Cuttack, Vadodara, Indore and Gwalior. Two new teams were selected out of 12 cities. Sahara Group made the highest bid in the auction and chose to base its team in Pune, at the cost of US$370m (1702 crore). Rendezvous Sports World made the second highest bid of US$333.2m(1533 crores), and elected to base its team ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Cricket
Cricket is a bat-and-ball game played between two teams of eleven players on a field at the centre of which is a pitch with a wicket at each end, each comprising two bails balanced on three stumps. The batting side scores runs by striking the ball bowled at one of the wickets with the bat and then running between the wickets, while the bowling and fielding side tries to prevent this (by preventing the ball from leaving the field, and getting the ball to either wicket) and dismiss each batter (so they are "out"). Means of dismissal include being bowled, when the ball hits the stumps and dislodges the bails, and by the fielding side either catching the ball after it is hit by the bat, but before it hits the ground, or hitting a wicket with the ball before a batter can cross the crease in front of the wicket. When ten batters have been dismissed, the innings ends and the teams swap roles. The game is adjudicated by two umpires, aided by a third umpire and match r ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Indian Premier League
The Indian Premier League (IPL), also known as Tata Group, TATA IPL for sponsorship reasons, is a men's T20 cricket, T20 Professional sports league organization, franchise cricket Sports league, league of India. It is annually contested by ten teams based out of seven Indian cities and three Indian states. The league was founded by the Board of Control for Cricket in India (BCCI) in 2007. Brijesh Patel is the incumbent chairman of IPL. It is usually held annually in Climate of India, summer across India between March to May and has an exclusive window in the ICC Future Tours Programme. The IPL is the most-attended cricket league in the world and in 2014 was ranked sixth by average attendance among all sports leagues. In 2010, the IPL became the first sporting event in the world to be broadcast live on YouTube. The brand value of the IPL in 2022 was . According to BCCI, the 2015 IPL season contributed to the GDP of the Economy of India, Indian economy. So far there have b ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Kochi IPL Team
Kochi Tuskers Kerala was a franchise cricket team that played in the Indian Premier League (IPL) representing the city of Kochi, Kerala. The team was one of two new franchises added to the IPL for the 2011 season, alongside Pune Warriors India. The team franchise was owned by Kochi Cricket Pvt Ltd., which was a consortium of multiple companies. The KTK only played for one season, in 2011, and was terminated the following year. Franchise history The auction for expanding the initial eight franchises for the Indian Premier League was held on 22 March 2010. The cities involved were Pune, Ahmedabad, Kochi, Nagpur, Kanpur, Dharamsala, Visakhapatnam, Rajkot, Cuttack, Vadodara, Indore and Gwalior. Two new teams were selected out of 12 cities. Sahara Group made the highest bid in the auction and chose to base its team in Pune, at the cost of US$370m (1702 crore). Rendezvous Sports World made the second highest bid of US$333.2m(1533 crores), and elected to base its team in Kochi. The ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Call For Bids
An invitation to tender (ITT, otherwise known as a call for bids or a request for tenders) is a formal, structured procedure for generating competing offers from different potential suppliers or contractors looking to obtain an award of business activity in works, supply, or service contracts, often from companies who have been previously assessed for suitability by means of a supplier questionnaire (SQ) or pre-qualification questionnaire (PQQ). The term "notice inviting tenders" (NIT) is often used in purchasing in India. An ITT differs from a request for quotation (RFQ) or a request for proposal (RFP), in which case other reasons (technology used, quality) might cause or allow choice of the second best offer. An RFP is a request for a price from a buyer but the buyer would also expect suggestions and ideas on how the project work should be done. RFPs are thus focused on more than just pricing/cost, they entail a bit of consulting from the contractor or vendor. The closest eq ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Lalit Modi
Lalit Modi (born 29 November 1963) is an Indian businessman and former cricket administrator. He was the founder, first chairman and Commissioner of the Indian Premier League (IPL), and ran the tournament for three years until 2010. He also served as the Chairman of the Champions League during 2008–10. He was the Vice President of the Board of Control for Cricket in India (BCCI) during 2005–10. He has also served as the president of the Rajasthan Cricket Association (2005–09 and 2014–15), and as the vice president of the Punjab Cricket Association. As a close associate of the Bharatiya Janata Party (BJP) leader Vasundhara Raje, Modi once held considerable political clout in Rajasthan. During Raje's first term as the Chief Minister, he was called "Super Chief Minister" by the opposition and the media. In 2010, Modi alleged that the Indian National Congress minister Shashi Tharoor held indirect free equity in the Kochi Tuskers Kerala IPL franchise, ultimately leading to ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Twitter
Twitter is an online social media and social networking service owned and operated by American company Twitter, Inc., on which users post and interact with 280-character-long messages known as "tweets". Registered users can post, like, and 'Reblogging, retweet' tweets, while unregistered users only have the ability to read public tweets. Users interact with Twitter through browser or mobile Frontend and backend, frontend software, or programmatically via its APIs. Twitter was created by Jack Dorsey, Noah Glass, Biz Stone, and Evan Williams (Internet entrepreneur), Evan Williams in March 2006 and launched in July of that year. Twitter, Inc. is based in San Francisco, California and has more than 25 offices around the world. , more than 100 million users posted 340 million tweets a day, and the service handled an average of 1.6 billion Web search query, search queries per day. In 2013, it was one of the ten List of most popular websites, most-visited websites and has been de ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Sweat Equity
Sweat equity is a non-monetary benefit that a company's stakeholders give in labor and time, rather than a monetary contribution, that benefit the company. Sweat equity is rewarded in the form of sweat equity shares. These are shares given out by a company in exchange for labor and time rather than a monetary amount."Sweat Equity Shares." Court Uncourt, vol. 7, no. 6, 2020, p. 21-22. HeinOnline, https://heinonline.org/HOL/P?h=hein.journals/counco7&i=264 Sweat equity in real estate Sweat equity has an application in business real estate, for example, where the owners put in effort and toil to build the business, in real estate where owners can perform D.I.Y. improvements and increase the value of the real estate, and in other areas such as an auto owner putting in their own effort and toil to increase the value of the vehicle. The term sweat equity explains the fact that value added to someone's own house by unpaid work results in measurable market rate value increase in house p ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Shashi Tharoor
Shashi Tharoor (; ; born 9 March 1956 in London, England ) is an Indian former international civil servant, diplomat, bureaucrat and politician, writer and public intellectual who has been serving as Member of Parliament for Thiruvananthapuram, Kerala, since 2009. He is the Chairman of the Standing Committee on Chemicals and Fertilizers. He was formerly Under-Secretary General of the United Nations and unsuccessfully ran for the post of Secretary-General in 2006. Founder-Chairman of All India Professionals Congress, he formerly served as Chairman of the Parliamentary Standing Committee on External Affairs and on Informational Technology. Born in London, UK, and raised in India, Tharoor worked across the world, graduating from St. Stephen's College, Delhi in 1975 and culminated his studies in 1978 with a doctorate in International Relations and Affairs from the Fletcher School of Law and Diplomacy, Tufts University. At the age of 22, he was the youngest person at the time to ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |