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Nimbus Communications
Tue, February 28 2012
Bombay HC asks Nimbus to provide bank guarantee
By CricketCountry Staff
The Bombay High Court on Monday asked Nimbus Communications to secure a bank guarantee of Rs 305 crores, after the BCCI had made a strong case against the firm for defaulting in payment.
Fri, February 24 2012
All big teams go through transition: BCCI chief
"All powerful teams go through a period of transition" - this was BCCI President N Srinivasan's take on the future of Indian cricket team but he gave no indication as to when the much-talked about phase-out of seniors will happen.
Mon, February 06 2012
Friendless BCCI choking the goose that lays golden eggs
BCCI desperately needs to do something about its rapidly-declining revenue streams. It needs to fetch some feed from the market before its golden goose chokes to death. The future of Indian cricket hinges on the events that will unfold in the coming months, off the field.
Sun, February 05 2012
Sahara’s withdrawal a fresh crisis for Indian cricket
Facing tough times following the Indian team's dismal performance, poor crowd response in home internationals, and challenge from Formula 1 racing, the Indian cricket board suffered a fresh setback with Sahara India's decision to end its sponsorship of the Indian team, despite optimism from some quarters that the matter could be resolved through negotiations.
Sat, January 14 2012
Team India’s poor performance likely to affect BCCI’s broadcast deal
By CricketCountry Staff
Indian cricket teams disastrous performance in the back-to-back overseas series is likely to severely affect Board of Cricket Control's (BCCI) chances of getting a lucrative deal when board invites tenders for broadcast rights.
Thu, December 22 2011
Banks refuse to pay margin money in BCCI-Nimbus spat
In the backdrop of a Rs 2000 crore legal dispute between the Board of Cricket Control in India (BCCI) and Nimbus Communication Ltd, three banks have told the Bombay High Court that they do not intend to return the margin money placed by Nimbus in respect of guarantees issued in favour of the Indian Cricket Board for the telecast rights.
Thu, December 15 2011
Nimbus gets relief in bank guarantee forfeit case
In a relief to Nimbus Communications, the Bombay High Court on Thursday directed three banks to give the broadcast rights holder three days notice before forfeiting bank guarantee of Rs 2,000 crore.
Mon, May 26 2014
BCCI steps into unchartered future post Nimbus
The Nimbus-BCCI deal had run into rough weather for quite some time.
Tue, December 13 2011
Nimbus claims to have acted in compliance of contractual obligations
Nimbus on Tuesday claimed that it has acted in compliance of its contractual obligations, a day after BCCI scrapped the contract with its broadcast rights holder for defaulting on payments.
Fri, October 21 2011
Government asks BCCI to share radio commentary with AIR
By CricketCountry Staff
The central government on Friday pulled up the Board of Control for Cricket in India (BCCI) and Nimbus Communications for the non-availability of live commentary of the India-England One Day International series to millions All India Radio (AIR) listeners.