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More Shakti to resource mobilisation... The ‘Ayyo-yes’ is no more Solar thermal shines… Excel Generators provide the vital back-up Parliament in paralysis... Making ‘my Amaravati’... Editor's Says Things happen by accident and not by design... A welcome initiative by the judiciary Delhi is distant… There was flood of milk. Reason: no milk commissioner! Focus on quality of power - its only around 170-180V TIAM turns a full cycle Tatas moving out of urea production... Which side are you, Montek? When small is no larger beautiful.. S Ramanathan – a versatile musician, musicologist Rahman at CIC Return to king coal for urea... The star of Spencers is no more A yen for wastage… Multi-faceted Venkat Protest masters... Chennai and Kolkata miss opportunity to grow as Delhi and Mumbai A Grand Finale for SN’s MS centenary at the US… Dr C Rangarajan returns to Chennai L&T- the specialty of special purpose vehicles An enemy’s enemy is a friend Tribute – Manikam Ramaswami No Maha Koottani in TN... Readers' Mail Wise Presidents Of course, Gujarat is vibrant Auto components surge… All eyes on Sankara Nethralaya New IT products of Ramco in the pipeline… Shipping woes of Chennai companies Recognition to role of NBFCs.... The ‘Jayanthi Tax.’ TGS- The king storyteller A C Muthiah – his munificent bequeaths to science He saved millions from starvation... Tatas moving out of urea production... Delhi is distant Colour-Chem’s colourful KRVS Five star activism stalls development activity Welcome thrust on trade in Modi’s foreign visits... A more liberated TN… Diamond jubilee of Egmore Samskrt School Plummeting profits of PSBs Cement prices continue to rise… F C Kohli - his concerns all embracing Lalu’s envy, India’s pride CIPET hqrs to stay at Guindy – for the present? Shanti and Sadhana through Music When TN politicians can emulate Kerala's A proud Madrasi Revving up the manufacturing sector WTO Meet: resolved to meet again No mega rail project for Tamil Nadu Telangana in top gear… Welcome focus on core competence The Swadeshi Trump West Bengal: mindless malignancy Shaming of Tamils by Tamil farmers at Delhi Don’t seem to feel the pulse… Tribute Solar, solar everywhere … Bihar – Nitish Kumar adopts the Lalu model Roaring Ro-Ro facility L&T: focus on infrastructure and more infrastructure… Medical costs hit the roof... How Air-India loses customs... Adapt Vajpayee dinner diplomacy PC’s preference for professionals Whistle-Stop Tour of Raghuram Rajan Convulsions in The Hindu Mu Sigma – is no more Mersal magnified A professional at the helm of IRDA... Liberal imports idling indigenous capacities IPL - no surprise this scam GM Technology at last! Reliance’s TV – 18 ready to launch Tamil News Channel Adharma of opposition politics Increasing non co-operation of state leaders Building loyalty through the stomach The power-full Hindujas Tax agriculture Small units prefers to remain small... Bihar elections - the Rajaji formula worked Like Hinduism: many paths to reach God... Funding the un-funded More tributes to GR The balancing act Tribute – M V Murugappan Streamlining mandatory third party cover Poor representation for Kerala and TN in Cabinet Welcome changes that testify to Jayalalithaa’s return to health Airlines in India: cost and space Moily’s bold thrust More Shakthi to Das’ elbow CSR and CMI: promise of another Srinivasan Ramanujan... Lesson from Chandrababu Naidu ONGC at KG Basin Shale gas and its shallow future PPP mode for upgrading Corporation Hospitals More heat than light Computation of GDP – conundrums continue Infrastructure funding – lessons learnt Sri Lanka votes for change SoA @ 80 Permanent secretariat for TN GIM Vibrant Gujarat Marketing expert Balagopal is no more Delhi Chalo... Silver Years of Madras Musings Make standards certification mandatory... Cutting the nose to spite the face Where is Rajaji? A friendly business group S V Raju – a ‘good’ true liberal Modi and the lady Alexa – Talking Wikipedia For whom the MIDS bell tolls? The rise and rise of KCP Sweet news for TN sugar mills Tihar, Puzhal not different from Parappana Agrahara Wanted: a second airport for Chennai He continues the focus on social amelioration When the President was rendered homeless… This scant respect for Law Quality silica from Neyveli Welcome GST An inexplicable neglect Remembering Indira Sivasailam... A glass full of corruption Demise of a media baron... Banning booze... Align crops to agro climate endowments… Haul over the coal China invests in India A rich pool of talent not utilised…. The sea- saw battle continues... Put expensive assets created to use... The Gulf aviation boom Padma Bhushan for A Ramakrishna Not just in-laws (and outlaws); they’ve renowned academics at the helm! Another Indian music maestro at the UN Fall in crude prices help in oil sector reform Tough task taking states together The rise and fall of Annamalai University Kinetic Karnataka Engineering seats go abegging Sweeter prospects for sugar TN accounts for the largest recruits by the IT sector Revive development banks... Naidu will soon build a new Hyderabad Where a state respects its litterateurs… Why land prices zoom in TN? A Grand Finale for SN’s MS centenary at the US… London, London Narayan Editor's Notes Fortune 500 review Poor quality of university VCs When Ratan Tata visited SRM Russi Mody – a tribute CRS, a jewel among managers, is no more. Kudos to NDTV... Kulandai was a giant Build close rapport with business leaders Nuclear power at the nucleus Valli, they are more marginalised Breaththrough in malaria control The few handicaps... Noble nonagenarians... IAS invades NDDB... The brown list of Venkitaramanan …and of a popular trade leader Air Asia India will set new benchmarks for budget travel TN-leverage strength of BHEL, NLC... Discoms deserve better… Intellectual of rare qualities Limit foreign borrowings to hi-tech, export potential projects... Online not in line with brick and mortar businesses... Preserving for the future Eternal support for capitalisation of PS banks Music happens 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 type auction for VCs? A think tank for Chennai Road development slows down Boy, can you beat these? Muffled voices for merit… Come elections, come advertisements... The Ports’ Pasha expands into Tamil Nadu EVM is tamper-proof Fortune for Indian Airlines The nuclear option For whom the bell tolls? When nations steal growth from one another… Delhi returns to BJP Gas is the way forward Should we change the official year? An informal presentation - analytical, forward locking... Godspeed, Chief Minister JJ Secularism and anti-Hinduism The Jan Dhan bonanza Scientists urged to take up farmer-oriented research Robber barons everywhere Maximising the micro pricing … Tribute – UCAL Selvan… Towards speedy justice TELANGANA at last…BUT R Sridhar steps down as CEO of Shriram Capital TN – agglomerate land holdings without alienating ownership Gay abandon in pricing B H Kothari - a tribute Inflation: are we emulating Argentina and Brazil? Odisha: spectacular win by Naveen Patnaik Waning interest in public discussions… GNS - 100: our first subscriber Why this malaise in medical education? EEC at the National Media Centre Land reclamation from sea appears cheaper! Insurance companies bleeding, yet no decision on increasing FDI limit! Modi storms Silicon Valley The why of tax incentives Cleaning Ganga – relocate tanneries and install electric crematoria Varuna (rain) in 2015; Vaayu (air) in 2016. Chennai devastated Naidu’s return augurs well for Seemandhra CII projects higher growth… Rs.1600 crore paper board plant of TNPL Contrarian cousins Paytm karo... No engine for this car Fuel for thought Measuring roof tops in terms of KW/MW Pharma – overdose of copying Strengthen the base... Quality education through the PPP mode MHC should not return to its old indisciplined ways Polls and promises When online building permits work….
 
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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