Bids are invited for two new teams for 2016 and 2017 to replace Chennai Super Kings and Rajasthan Royals, which were suspended for two years after a Supreme Court-appointed panel found owners guilty of betting.
Earlier this year, CommonFloor had raised about $10 million from Google Capital. A few months before that it had raised $30 million from Tiger Global.
According to sources, Quikr and CommonFloor.com are at an advanced stage of discussion and the stock-and-cash deal is expected to be completed soon.
Kumble, who has been associated with the Indian Premier League franchise since January 2013, has decided to pursue other opportunities in sports and cricket.
The study said that year 2015 will provide a window of opportunity for occupiers and investors as rents and capital values in most micro-markets are at their cyclical bottom.
Media planners caution that despite the interest, in the current environment and in the backdrop of intolerance debate, brands could be cagey.
IREO and a joint venture of Singaporean IT park specialist Ascendas and sovereign fund GIC are separately planning to build IT SEZ space.
Financial services group ASK has invested Rs 125 crore more in Noida-based builder ATS Group’s 20-acre Le-Grandiose project in Sector 150, Noida.
Oppo is close to signing a four-year, about $34 million (Rs 225 crore, approx) global partnership deal with the International Cricket Council (ICC).
"Despite low engagement and outreach by luxury brands, sales through references in tier 2 tier 3 cities are twice as much as those in the metros."
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