Boundaries closing in
Business is dwindling across the world, and in hard times, industry duly moves away from play, to focus on the core business, writes Rohit Mahajan in Outlook .
George Binoy
25-Feb-2013
Business is dwindling across the world, and in hard times, industry duly moves away from play, to focus on the core business, writes Rohit Mahajan in Outlook.
The meltdown came even as IPL team owners were taking stock, glumly accepting that their projections were wide of the mark. The CEO of one of the IPL teams would privately admit, months before the meltdown, that the picture painted to his franchise was rosier than it actually was, that the talk of break-even timelines and monetising opportunities didn't have a strong basis. The downturn has now forced several rethinks and mid-course corrections.
George Binoy is an assistant editor at ESPNcricinfo