Friday 25 April 2014
News updated at 9:48 AM IST
Weather
Max: 34.6°C
Min : 22.7°C
In Bangalore
Generally cloudy

PVP Group buys first IBL franchise

New Delhi, Jun 19, 2013, PTI :

The Indian Badminton League (IBL) on Wednesday announced its first franchise — the Hyderabad-based multi-business house, the PVP Group.

The PVP Group, with interest in realty, media and entertainment, particularly Bollywood, successfully bid for the Hyderabad Hotshots in the proposed $1-million league in what was their maiden foray into sports.

Speaking on their association with IBL, Mr Prasad V Potluri, the Chairman of PVP Group, said, “We are extremely delighted with our association with the Indian Badminton League. PVP Group aims to utilise this platform and will ensure that badminton in India grows.”


The IBL, which had already been postponed twice, is now set to launch on August 14. It would feature six franchises during the 18-day event. Each franchise would host a two-day leg with the League showcasing a total of 90 matches.

The top four franchises in the league would clash in the semifinals and the winners would meet in the grand final on August 31 in Mumbai.

Go to Top

Photo Gallery
A digital image called 'Venus, 1985' created by Andy Warhol retrieved from disk 1998.3.2129.3.22...

A digital image called 'Venus, 1985' created by Andy Warhol retrieved from disk 1998.3.2129.3.22...

Crew members of Colombian-registered sailing ship Gloria stand on the ship's masts during a...

Crew members of Colombian-registered sailing ship Gloria stand on the ship's masts during a...

A rainbow appears over the sky of the city of Sao Paulo April 24, 2014. Sao Paulo is one of the...

A rainbow appears over the sky of the city of Sao Paulo April 24, 2014. Sao Paulo is one of the...

27 year old white polar bear Uslada shakes off water in her pool at the Leningrad Zoo in St...

27 year old white polar bear Uslada shakes off water in her pool at the Leningrad Zoo in St...

U.S. President Barack Obama waves from Air Force One as he departs Haneda International Airport...

U.S. President Barack Obama waves from Air Force One as he departs Haneda International Airport...

Singer-songwriter, Leslie Grace arrives at the 2014 Billboard Latin Music Awards on Thursday...

Singer-songwriter, Leslie Grace arrives at the 2014 Billboard Latin Music Awards on Thursday...

A model of a pink fisherman and bicycle are positioned on a rock in the Irish Sea near the...

A model of a pink fisherman and bicycle are positioned on a rock in the Irish Sea near the...

Actress Emma Stone arrives for 'The Amazing Spider-Man 2' premiere in New York April 24, 2014...

Actress Emma Stone arrives for 'The Amazing Spider-Man 2' premiere in New York April 24, 2014...

A girl leaps over headstones at the Jakarta War Cemetery following the ANZAC Day dawn service in...

A girl leaps over headstones at the Jakarta War Cemetery following the ANZAC Day dawn service in...

A fire-fighter walks past a school bus leaning against a eucalyptus tree after it veered off the...

A fire-fighter walks past a school bus leaning against a eucalyptus tree after it veered off the...

Copyright 2014, The Printers (Mysore) Private Ltd., 75, M.G Road, Post Box 5331, Bangalore - 560001
Tel: +91 (80) 25880000 Fax No. +91 (80) 25880523