The e-auction process to determine the Board of Control for Cricket in India’s broadcast rights from 2018 to 2023 has started in Mumbai at 2 PM (Tuesday).
Update at 6:10 pm
Last bid for the day for BCCI’s global consolidated rights reaches INR 4,442 crore. The e-auction resumes tomorrow at 11:00 am (Wednesday).
Update at 5:40 pm
The bid process to stop at 6:00 pm today (Tuesday). If the rights are not decided, the e-auction process will continue from 11:00 am tomorrow (Wednesday).
Update at 5:05 pm:
The Global Consolidated bid reaches ₹4,328 crore.
Update at 4:15 pm:
The Global Consolidated Rights package bid is up to ₹4,303 crore.
Update at 3:20 pm:
The Global Consolidated Rights package bid is up to ₹4,244 crore. No changes in the other two categories.
This indicates as of now the bidders are only showing interest it the Global Consolidated Rights package.
Update at 2:30 pm:
No changes in the bids for the Global Television Rights plus Rest of the World (ROW) Digital Rights Package; and the Indian Sub-continent Digital Rights Package
The Global Consolidated Rights package bid is up by ₹25 to ₹4,201 crore
At 2.15 pm the first information:
The bidding for Global Television Rights plus Rest of the World Digital Rights Package has started at ₹ 3,402 crore rupees.
The base price for the Indian Sub-continent Digital Rights Package is ₹732 crore.
The Global Consolidated Rights package has a first bid at the base price of ₹4,176 crore