Sun TV's Hyderabad IPL franchise expects to break even in second year

CHENNAI: The Kalanithi Maran-owned Sun TVBSE 3.34 % expects its newly-acquired Hyderabad IPL franchise to break even in the second year but not before incurring a likely Ebitda loss of Rs 25-30 crore in the first year, said a report by brokerage Enam.

IPL 6: Pune Warriors may release Jesse Ryder

Delhi: The Pune Warriors India are all set to release burly New Zealand batsman Jesse Ryder who now goes back to the auction pool while Delhi Daredevils will also release a few of their foreign recruits from last season including Ranji Trophy's highest run-scorer Robin Bist.

IPL: Mumbai Indians looking to revamp team

CHENNAI: Mumbai Indians (MI), probably the biggest under-achievers of the five-year-old IPL, are now seriously looking at revamping their team for the sixth edition. It's understood that the team management has released at least six players from the roster - a mix of Indian and foreign players. Some of the players rumoured to have been released by MI are Richard Levy, Thissara Perrera, Davey Jacobs, Aiden Blizzard and Clint McKay.

Former IPL chairman Lalit Modi loses appeal against 90,000-pound compensation to Chris Cairns

Former Indian Premier League (IPL) chairman Lalit Modi has lost his appeal against the 90,000 pound libel award to former New Zealand cricketer Chris Cairns over unfounded accusations of match-fixing.