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