The Deccan Chargers (DC) were a franchise that competed in the Indian Premier League (IPL), a cricketing league held annually in India. The team was based in the city of Hyderabad, Telangana. They were one of the original eight members of the IPL, and were crowned champions in its second edition in 2009. The franchise was succeeded by the Sunrisers Hyderabad (SRH) More
Andrew Symonds' unconventional approach, bludgeoning use of the cricket bat, his bowling and fielding, all seemed to come into its own against India.
Amid the uncertainty surrounding resumption of cricket due to COVID-19 outbreak, the latest development related to the ‘illegal termination of IPL franchise of Deccan Chargers' is set to add to its woes.
Forbes India gets a list of 5 deals that fell through
After winning the bid for the Hyderabad IPL franchise in October, the Sun Group is now betting big on its new catch.
CNBC-TV18‘s Ashmit Kumar reports that the Guwahati High Court, in response to a PIL filed, has restrained the BCCI‘s plans to open IPL in 12 cities and could spell trouble for Sun TV's new franchise.
The cash-strapped Deccan Chargers are out from the Indian Premier League (IPL) with the Supreme Court today refusing to stay termination of the Hyderabad team by the Indian cricket board from the cash-rich IPL and paving the way for filling its slot by fresh auction on October 25.
The cash-strapped Deccan Chargers today moved the Supreme Court against the team's termination from the Indian Premier League (IPL) by the BCCI.
The Bombay High Court's verdict on the Board of Control for Cricket in India (BCCI) appeal against Deccan Chronicle Holdings' (DCHL) IPL team is finally out. The HC has stayed BCCI's termination of Deccan Chargers, reports CNBC-TV18.
The Bombay high court today was witness to a heated exchange of arguments between the counsels of BCCI, DCHL and Kamla Landmarc, the realty player interested in buying the IPL franchise Deccan Chargers.
Shares of Deccan Chronicle Holdings (DCHL) touched a new 52-week low of Rs 8.33 on Wednesday, losing more than 13 percent since Monday this week.
After terminating cash-strapped Deccan Chargers from the Indian Premier League, the BCCI today began the process of finding a new team by floating tender notices for a fresh franchise.
After a month long legal battle, the cash-strapped Deccan Chargers today lost its status as an IPL team after the Bombay High Court stayed the order of Arbitrator for maintaining status quo on the matter till further hearing.
Last year when Formula 1 made its debut in India with the Indian Grand Prix the interest was at fever pitch. Tickets for the 3 day race weekend sold out ten days before the event and we saw a lot of marketing and promotional activities by a variety of brands.
CNBC-TV18's Ashmit Kumar reports that The DCHL-backed IPL franchise - Deccan Chargers - received a last minute lifeline from its Bombay High Court-approved arbitrator who extended the deadline for DCHL to furnish bank guarantees of Rs 100 crore.
The Bombay High Court today granted three more days to Deccan Chronicles Holdings Ltd (DCHL) to give an irrevocable and unconditional bank guarantee of Rs 100 crore to the Indian cricket board regarding IPL franchise Deccan Chargers.
CNBC-TV18's Ashmit Kumar reports, on the tussle between the BCCI and the Deccan Chargers, Bombay High Court ruled that the Board took a hasty decision in terminating the cricket team's contract
The Bombay High Court today asked Deccan Chronicles Holdings Ltd to give an irrevocable and unconditional bank guarantee of Rs 100 crore to the BCCI on or before October 9
CNBC-TV18's Ashmit Kumar reports that the Deccan Chronicle (DC) agreed to furnish the necessary bank guarantees in the ongoing tussle between Deccan Chargers and the BCC at the Bombay High Court.
CNBC-TV18‘s Gopika Gopakumar and Ashmit Kumar report on the worsening financial condition of the company and YES Bank throwing a wrench in the company's tussle with the BCCI
The BCCI today sought to justify the decision to terminate the IPL contract of debt-ridden Deccan Chargers, saying it was compelled to take action after the beleaguered franchise claimed that it had not committed any breaches and threatened to take legal recourse.
The BCCI's top brass will be engaged in a series of meetings here tomorrow to take a final call on the future of the cash-strapped IPL team Deccan Chargers and also seek to make a couple of important amendments to its constitution.
Debt-ridden Deccan Chargers' attempt to find a buyer ended in an anti-climax today with the IPL team rejecting the only bid they received, throwing the future of the beleaguered franchise into uncertainty.
The future of the Deccan Chargers remains uncertain. The only bid received for the franchise was rejected by the owners today, which leaves not just the future of the franchise in doubt, but calls into question the viability of brand IPL itself.
Stock-analyst SP Tulsian of sptulsian.com explains to CNBC-TV18 that his bets for are Idea, SpiceJet and Deccan Chronicle. The analyst also adds that the IMG recommendation on deallocation would prevent misuse of resources and hasten power generation in the country.
Much like the Deccan Chargers team they owned, the Reddy brothers, the founders of the Deccan Chronicle group, seemed virtually unstoppable. Till their luck began to run out.