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The advertising slot rates Rs 4-4.5 lakh in IPL 6 down by 20% than earlier year

BCCI’s million-dollar tournament Indian Premier League (IPL), broadcasters are finding it tough to find advertisers for the tournament. However, they consider it as a consequence of the country’s slump economy growth rate or fading popularity of IPL6.
According to Rohit Gupta, president (network sales) of the Multi-Screen Media (MSM), which runs SET Max, the official broadcaster of the IPL, the advertising slot rates have gone down to as less as Rs 4-4.5 lakh for per ten seconds for the tournament which will run from April 3 to May 26. In previous IPL season, the broadcasters were charging Rs 10 lakh for a ten second ad slot during the final stages. This year the slot rate has decreased as much as 20% compared to last year’s figure.

IPL 6 Season Rajasthan Royals Squad 2013

IPL Season 6 RR Squad 2013

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IPL Season 6 Squad 2013

Videocon D2H is lead sponsor of Mumbai Indians.. Published in ET

By Nikhil Sivadas

Videocon D2H has just signed a one-year lead sponsorship deal with the Mumbai Indians IPL team for a record $6 million (Rs 32 crore). The deal comes after existing sponsor Hero MotoCorp walked out of its contract ($15 million for three years) a year ahead of schedule.

Venugopal Dhoot, chairman, Videocon India, confirmed the development and said, "I am happy with the sponsorship deal with the Mumbai Indians. The team has a player like Sachin who is the pride of Mumbai and the world. I also believe that the team this time is very solid and has a good chance of winning the IPL cup."

This is Videocon's second innings as the lead sponsor of the Mumbai Indians and sources say that it is aimed at giving Videocon D2H as large a platform as possible before the deadline for cable TV digitisation comes into effect on March 31. As lead sponsor, the Videocon D2H logo will be prominently displayed on players' jerseys. The sponsor will also be given preferential access to promotions and activities happening on the field as well as on the ground.

IPL 6 Schedule 2013

IPL 2013 will be the sixth edition of the Indian premier League. It is also termed as IPL 6. It will start on April 3^rd and will end on May 26^th. DLF were the title sponsors of the previous premier leagues. PepsiCo is the new title sponsor of this season. Sunrisers Hyderabad is the new team in the tournament in IPL 6. This new team is the replacement for Deccan Charges.

The opening ceremony and the opening match will be held at Eden Gardens, Kolkata. The opening match will be between defending champions Kolkata Knight Riders and Delhi Dare Devils. The second match will be between Royal Challengers Bangalore and Mumbai Indians. The closing ceremony will also be held at Eden Garden, Kolkata.
A new venue is added to IPL6. That is Ranchi’s JSCA stadium. It is the home venue for  Kolkata Knight Riders. Two games will be held there. Here are the teams participating in IPL6, Delhi Dare Devils, Chennai Super Kings, Kolkata Knight Riders, Pune Warriors India, Mumbai Indians, Royal Challengers Bangalore, Kings XI Punjab, Rajasthan Royals and Sunrisers Hyderabad. These nine teams will play against other eight teams twice, at home and away venues. The time table is same as the 2012 match. Sunrisers Hyderabad will begin their tournament against Pune Warriors India at home venue on April 5^th.

Date	IST	Details	Venue
03-Apr	8:00 PM	Kolkata Knight Riders vs Delhi Daredevils	Kolkata
04-Apr	8:00 PM	Royal Challengers Bangalore vs Mumbai Indians	Bangalore
05-Apr	8:00 PM	Sunrisers Hyderabad vs Pune Warriors	Hyderabad
06-Apr	4:00 PM	Delhi Daredevils vs Rajasthan Royals	Delhi
06-Apr	8:00 PM	Chennai Super Kings vs Mumbai Indians	Chennai
07-Apr	4:00 PM	Pune Warriors vs Kings XI Punjab	Pune
07-Apr	8:00 PM	Sunrisers Hyderabad vs Royal Challengers Bangalore	Hyderabad
08-Apr	8:00 PM	Rajasthan Royals vs Kolkata Knight Riders	Jaipur
09-Apr	8:00 PM	Mumbai Indians vs Delhi Daredevils	Mumbai
10-Apr	8:00 PM	Kings XI Punjab vs Chennai Super Kings	Mohali
11-Apr	4:00 PM	Royal Challengers Bangalore vs Kolkata Knight Riders	Bangalore
11-Apr	8:00 PM	Pune Warriors vs Rajasthan Royals	Pune
12-Apr	8:00 PM	Delhi Daredevils vs Sunrisers Hyderabad	Delhi
13-Apr	4:00 PM	Mumbai Indians vs Pune Warriors	Mumbai
13-Apr	8:00 PM	Chennai Super Kings vs Royal Challengers Bangalore	Chennai
14-Apr	4:00 PM	Kolkata Knight Riders vs Pune Warriors	Kolkata
14-Apr	8:00 PM	Rajasthan Royals vs Kings XI Punjab	Jaipur
15-Apr	8:00 PM	Chennai Super Kings vs Pune Warriors	Chennai
16-Apr	4:00 PM	Kings XI Punjab vs Kolkata Knight Riders	Mohali
16-Apr	8:00 PM	Royal Challengers Bangalore vs Delhi Daredevils	Bangalore
17-Apr	4:00 PM	Pune Warriors vs Sunrisers Hyderabad	Pune
17-Apr	8:00 PM	Rajasthan Royals vs Mumbai Indians	Jaipur
18-Apr	8:00 PM	Delhi Daredevils vs Chennai Super Kings	Delhi
19-Apr	8:00 PM	Sunrisers Hyderabad vs Kings XI Punjab	Hyderabad
20-Apr	4:00 PM	Kolkata Knight Riders vs Chennai Super Kings	Kolkata
20-Apr	8:00 PM	Royal Challengers Bangalore vs Rajasthan Royals	Bangalore
21-Apr	4:00 PM	Delhi Daredevils vs Mumbai Indians	Delhi
21-Apr	8:00 PM	Kings XI Punjab vs Pune Warriors	Mohali
22-Apr	8:00 PM	Chennai Super Kings vs Rajasthan Royals	Chennai
23-Apr	4:00 PM	Royal Challengers Bangalore vs Pune Warriors	Bangalore
23-Apr	8:00 PM	Kings XI Punjab vs Delhi Daredevils	Mohali
24-Apr	8:00 PM	Kolkata Knight Riders vs Mumbai Indians	Kolkata
25-Apr	8:00 PM	Chennai Super Kings vs Sunrisers Hyderabad	Chennai
26-Apr	8:00 PM	Kolkata Knight Riders vs Kings XI Punjab	Kolkata
27-Apr	4:00 PM	Rajasthan Royals vs Sunrisers Hyderabad	Jaipur
27-Apr	8:00 PM	Mumbai Indians vs Royal Challengers Bangalore	Mumbai
28-Apr	4:00 PM	Chennai Super Kings vs Kolkata Knight Riders	Chennai
28-Apr	8:00 PM	Delhi Daredevils vs Pune Warriors	Delhi
29-Apr	4:00 PM	Rajasthan Royals vs Royal Challengers Bangalore	Jaipur
29-Apr	8:00 PM	Mumbai Indians vs Kings XI Punjab	Mumbai
30-Apr	8:00 PM	Pune Warriors vs Chennai Super Kings	Pune
01-May	4:00 PM	Sunrisers Hyderabad vs Mumbai Indians	Hyderabad
01-May	8:00 PM	Delhi Daredevils vs Kolkata Knight Riders	Delhi
02-May	4:00 PM	Chennai Super Kings vs Kings XI Punjab	Chennai
02-May	8:00 PM	Pune Warriors vs Royal Challengers Bangalore	Pune
03-May	8:00 PM	Kolkata Knight Riders vs Rajasthan Royals	Kolkata
04-May	4:00 PM	Sunrisers Hyderabad vs Delhi Daredevils	Hyderabad
04-May	8:00 PM	Royal Challengers Bangalore vs Kings XI Punjab	Bangalore
05-May	4:00 PM	Mumbai Indians vs Chennai Super Kings	Mumbai
05-May	8:00 PM	Rajasthan Royals vs Pune Warriors	Jaipur
06-May	8:00 PM	Royal Challengers Bangalore vs Sunrisers Hyderabad	Bangalore
07-May	4:00 PM	Rajasthan Royals vs Delhi Daredevils	Jaipur
07-May	8:00 PM	Mumbai Indians vs Kolkata Knight Riders	Mumbai
08-May	8:00 PM	Sunrisers Hyderabad vs Chennai Super Kings	Hyderabad
09-May	4:00 PM	Kings XI Punjab vs Rajasthan Royals	Mohali
09-May	8:00 PM	Pune Warriors vs Kolkata Knight Riders	Pune
10-May	8:00 PM	Delhi Daredevils vs Royal Challengers Bangalore	Delhi
11-May	4:00 PM	Pune Warriors vs Mumbai Indians	Pune
11-May	8:00 PM	Kings XI Punjab vs Sunrisers Hyderabad	Mohali
12-May	4:00 PM	Kolkata Knight Riders vs Royal Challengers Bangalore	Ranchi
12-May	8:00 PM	Rajasthan Royals vs Chennai Super Kings	Jaipur
13-May	4:00 PM	Delhi Daredevils vs Kings XI Punjab	Delhi
13-May	8:00 PM	Mumbai Indians vs Sunrisers Hyderabad	Mumbai
14-May	8:00 PM	Kolkata Knight Riders vs Pune Warriors	Ranchi
15-May	4:00 PM	Chennai Super Kings vs Delhi Daredevils	Chennai
15-May	8:00 PM	Mumbai Indians vs Rajasthan Royals	Mumbai
16-May	8:00 PM	Kings XI Punjab vs Royal Challengers Bangalore	Dharmasala
17-May	8:00 PM	Sunrisers Hyderabad vs Rajasthan Royals	Hyderabad
18-May	4:00 PM	Kings XI Punjab vs Mumbai Indians	Dharmasala
18-May	8:00 PM	Pune Warriors vs Delhi Daredevils	Pune
19-May	4:00 PM	Royal Challengers Bangalore vs Chennai Super Kings	Bangalore
19-May	8:00 PM	Sunrisers Hyderabad vs Kolkata Knight Riders	Hyderabad
21-May	8:00 PM	TBC vs TBC	Chennai
22-May	8:00 PM	TBC vs TBC	Chennai
24-May	8:00 PM	TBC vs TBC	Kolkata
26-May	8:00 PM	TBC vs TBC	Kolkata

After PepsiCo became the title sponsors for IPL 2013, other companies are competing for sponsorships on spot buying. The last moment advertising money is being put in by companies as the date of IPL’s 6^th season is approaching near. The IPL 2013 is all set to start from April 3, 2013.
The new regulation is set to allow these on-air advertisers to start pitching in for their spot once the IPL starts. These 10 to 20 second spots for sponsorship have brought in a lot of companies like Maruti, Airtel, ICICI, Nokia, Coca Cola, Reliance Communications, Hyundai, etc. IPL officials have decided to allow these companies to pitch in once the IPL starts and the ratings start pouring in.
PepsiCo has also stated that they will try and keep their rival soft drinks company coca cola out of the league if they can but Coca Cola has already said that they are ready to go in for spot buying as soon as the tournament begins. The same plan has been made by automobile company Maruti and they are in competition with big wigs like Hyundai.
According to reports, companies like Vodafone, Tata DoComo and Havells and Samsung have confirmed their spot for IPL 6 and there is going to be a showdown for second spots for the rest from April 3, 2013.

Fear of increased taxes made markets crash

 Fear of increased taxes made markets crash

MAMTA SEN  MUMBAI | 2nd Mar 2013

ixed reactions are pouring in from the business fraternity over the Budget and more importantly the one and a half hour stock market crash that followed. Rakesh Samatha, an investor from Dalal Streetsays, "The market started functioning irrationally after the Foreign Investment Institutions (FII) saw that instead of making more profits they're forced to pay more taxes. This shows that in spite of the BSE having many ndian investors, the market clearly depends on foreign investors. It's high time that Chidambaram identifies small investors to avoid such situations," he says. Debashish Basu, editor of Moneycontrol.in, says, "One of the reasons the markets reacted was because there is a lot of disbelief about the way the FM has projected the figures and growth. Then there was confusion about the Mauritius tax angles, which was not that important, but enough to create chaos for one-and-half hour in the market," he also added that this shows that the upward movement of the market has been broken. On a different note, Robin Banerjee, deputy managing director, Bilcare, said that the budget was a good one, keeping in mind the coalition politics involved. He believed the market crash was only a short time phenomenon and will not have future impact. "India has preferential treatise with various countries, like Mauritius. When investors from this country buy shares in the stock market, there is a preferential tax treatment. In fact, it pertains to Capital Gains tax, which is eligible on shares sold, when the original investment arises from Mauritius. However, in the Budget proposal, it was proposed that the government will not only obtain certifications from the country of origin but would also require 'some other proof' to satisfy the genuineness of the origin of the money. This is known as the 'residency test' and is where the problem lies," he analysed, adding that investors thought that through the new proposal of verification of tax residency, additional taxes could be levied when shares will be bought and sold in future, as the government may disallow the Mauritian status of certain investments. He added that, when the government clarified this issue, the markets bounced back. Credit policy analyst Makarand Wadekar also says that the stock markets mainly run on foreign investors, who for now believe that it is not a favourable time to invest in India and do not have faith in the government's long term policies.

http://www.sunday-guardian.com/business/fear-of-increased-taxes-made-markets-crash

MSM's Rs 5.45 bn FDI proposal to buyout Indian promoters gets government nod

MSM's Rs 5.45 bn FDI proposal to buyout Indian promoters gets government nod

Insearchindia.com Team

(28 February 2013 9:10 am)

MUMBAI: For the seven Indian promoters who had joined hands with Sony Pictures to set up Sony Entertainment Television India (now Multi Screen Media) in 1995, it is party time. The government has approved Multi Screen Media's (MSM) Rs 5.45 billion foreign direct investment (FDI) proposal to buy out the stake of its Indian promoters.

The payment was to be made in stages, with $145 million coming at the closing of the acquisition by December-end 2012. The balance $126 million would be paid in three equal annual installments starting from the fiscal year ending 31 March 2014.

Sony Pictures Television (SPT), an indirect wholly-owned subsidiary of Sony Pictures Entertainment and also the parent company of MSM, had last year bought out the stake of the Indian shareholders in MSM for an agreed amount of $271 million.

Sudesh Mani Iyer, Sushil Shergil, Rakesh Agarwal, Jayesh Parikh, Raman Maroo, BR Sule and film actor Jackie Shroff are the seven Indian promoters who held almost 32 per cent stake in MSM through Grandway Global Holdings and Atlas Equifin.

The Foreign Investment Promotion Board (FIPB) gave its approval to MSM's proposal.

Sony’s stake in MSM is a little over 94 per cent with the balance being with private equity firm Capital International.