Mumbai Indians owner Nita Ambani at the auction, Bangalore, February 4, 2012© Associated Press
Delhi Daredevils chairman Kiran Grandhi, Kolkata Knight Riders CEO Venki Mysore, IPL chairman Rajiv Shukla, Chennai Super Kings' Gurunath Meiyappan, and IPL CEO Sundar Raman at a press conference at the 2012 players' auction, Bangalore, February 4, 2012© AFP
Gurunath Meiyappan, a top CSK official, with the IPL chairman Rajiv Shukla and IPL CEO Sundar Raman in Bangalore, Mumbai, February 4, 2012© AFP