IPL: Ormax Media to track ad recall impact
MUMBAI: Ormax Media has announced the launch of the third edition of its Cricket Advertising Recall and Effectiveness
MUMBAI: Gerald Majola, the beleaguered chief executive of Cricket South Africa, has been sacked on account of damning indictment in the 2009 IPL bonus controversy.
The committee investigating the bonus payments ruled that Majola had violated the Companies Act and recommended that the case be referred to the National Prosecuting Authority.
CSA also rescinded the decisions of an internal inquiry that cleared Majola but was then criticised by the committee for not being neutral and possibly trying to cover up Majola?s actions.
CSA?s board also decided to appoint Dr Willie Basson as acting president of the organisation until the annual general meeting in September 2012 together with a request to provincial franchisee North West to second its CEO, Jacques Faul, to act as the head of CSA until the matter was resolved.
Basson is a highly experienced cricket administrator and is currently chairman of the CSA Transformation Committee.
Earlier, CSA?s woes had further accentuated with acting president AK Khan, the man who led the much?criticised internal inquiry, and Audit and Risk Committee chairman John Blair handing out their resignation from the organisation. CSA?s Brand and Corporate Relations Manager Kass Naidoo had also tendered resignation.
Khan was first appointed acting president from 12 February to 4 May 2011, and then again from 15 October 2011, up until the current date. He made his announcement at CSA?s Manco meeting and the decision has also been conveyed to the Board of Directors.
MUMBAI: Sportspersons including those from abroad taking part in leagues like World Series Hockey (WSH) and the IPL will have to pay service tax.
The government is going to levy a 12 per cent service tax on all domestic and foreign players participating in the IPL or other sports event, which are not the recognised format of the game.
The budget proposal for 2012-13 reads: "Income arising to a non-citizen, non-resident entertainer (such as theatre, radio or television artists and musicians) from performance in India shall be taxable at the rate of 20 per cent of gross receipts."
switch
switch