IPL To Be Sponsored by Tata Groups

Photo: The Times Of India

Tata Groups To Replace Vivo As IPL Title Sponsor With Rs 670 Crore

Tata Groups replaced Vivo as title sponsors for the Indian Premier League (IPL).  Announced on January 11, Tata will pay Rs 670 crores to IPL for the next two years, whereas Vivo will pay Rs. 454 crore for termination of the contract.  In this situation, the BCCI will have a whooping amount of Rs 1,124 crore for 2022 & 2023, for IPL teams. IPL Chairman Brijesh Patel confirmed the news. 

Tue, 11 Jan 2022 - 10:21 PM / by Varsha Joshi

Tags: Vivo (1384, ) Tata Groups, IPL, BCCI, TITLE SPONSOR

Courtesy: The Economic Times