Rendezvous Sports World

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Rendezvous Sports World Private Limited
TypeHolding company
IndustrySports
Sports services
Founded2009
FounderKisan Gaikwad
Pushpa Gaikwad
Shailendra Gaikwad
Key people
Kisan Gaikwad
Revenue (2020)
 (2020)
 (2020)
Total assets (2020)
OwnerKisan Gaikwad
Pushpa Gaikwad
Shailendra Gaikwad (75.1%)
Sunanda Pushkar (19%)
Number of employees
229 (2020)
SubsidiariesKochi Tuskers Kerala (10%)
WebsiteOfficial website

Rendezvous Sports World Private Limited (RSW) was a cricket franchise in the Indian Premier League which had 10% of equity on Kochi IPL Team. Rendezvous Sports World Limited is a consortium made up of multiple companies. It had made the winning bid of USD 333 million in a global invitation to tender process called by the IPL for two new franchises from IPL season 2011.[1]

In April 2010, it threatened to sue IPL commissioner Lalit Modi for breaking confidentiality terms by disclosing details of the stakeholders in the new Kochi IPL team on the micro-blogging website Twitter.[2]

Modi further revealed that of the Rendezvous 25% free, 18 percent share (4.5% of total equity worth Rs. 70 Crores) is held as sweat equity by Sunanda Pushkar, who was then a female friend and later wife of Congress Politician Shashi Tharoor.[3][4] Later amidst demands for Tharoor's resignation from the Union Cabinet by the opposition parties for alleged corruption,[5][6] Sunanda Pushkar "voluntarily" gave up the sweat equity.[7]

References[]

  1. ^ "Indian Premier League | IPLT20 Two new franchises revealed". Iplt20.com. Archived from the original on 25 July 2011. Retrieved 23 November 2010.
  2. ^ "Rendezvous Sports World threatens to sue Modi - Rediff.com Sports". Cricket.rediff.com. 13 April 2010. Retrieved 23 November 2010.
  3. ^ Satish Nandgaonkar And Our Business Bureau (15 April 2010). "The Telegraph - Calcutta (Kolkata) | Frontpage | Sweat claim turns up heat Sunanda not an employee: Consortium". Telegraphindia.com. Retrieved 23 November 2010.
  4. ^ "Ownership Details of Rendezvous Sports World – Kochi IPL Franchise". Reshap.com. 14 April 2010. Retrieved 23 November 2010.
  5. ^ "BJP insists on Tharoor's resignation - The Economic Times". Economictimes.indiatimes.com. 16 April 2010. Retrieved 23 November 2010.
  6. ^ "Left parties demand Shashi Tharoor's resignation - India - DNA". Dnaindia.com. 14 April 2010. Retrieved 23 November 2010.
  7. ^ Special Correspondent (18 April 2010). "The Hindu : Sport / Cricket : Sunanda's surrender of sweat equity seen as "admission of guilt"". Beta.thehindu.com. Retrieved 23 November 2010.

External links[]


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