Chinese smartphone company Vivo has returned as the title sponsor of the Indian Premium League cricket tournament, almost a year after the sponsorship deal with the BCCI was suspended amid the India-China border standoff.
Vivo’s sponsorship deal with the BCCI was worth ? 440 crore per year but was suspended last season due to the India-China border standoff.
Vivo had won the IPL title sponsorship rights for five years from 2018 to 2022 for a reported sum of ? 2,190 crore. It will now be the title sponsor till 2023.
Dream11 had been the IPL title sponsors for the 2020 edition, winning the rights for ? 222 crore. The matches were played in the UAE in view of the pandemic.
The Navy has inducted the third Scorpene-class conventional diesel-electric submarine, INS Karanj, into service.
Six Scorpene submarines are being built under Project-75 by Mazagon Dock Limited (MDL), Mumbai, under technology transfer from Naval Group of France.
The first submarine of the class, INS Kalvari, was commissioned in December 2017 and the second, INS Khanderi, in September 2019. The fourth, Vela, was launched into the water in May 2019 and the fifth, Vagir, in November 2020.