IPL, Modi & Tharoor: moolah, fireworks, less light!

IPL, Modi & Tharoor. A not so savvy head of IPL, very undiplomatic minister, so much murk, more moolah, great thrill! More off the field than on it! More of fireworks, less of light!

IPL (or is it sports as business in general?) seems to be evolving into gigantic world-wide gambling enterprise that is possibly spinning out of control. If it is a legitimate business, why not have proper regulatory system to ensure some transparency?

IPL news reeks of insider trading, bid fixing, and what not. For a business of this scale, it is high time there is at least independent third party involvement in managing the auctions. Norms are needed for a business whose valuation does not appear to be based entirely on usual business parameters.

And, let those in responsible positions be a little more accountable. Not just tweets and blogs, but by filing legitimate disclosures.

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