who was the owner of chennai super kings
Chennai Super Kings In September 2007, the Board of Control for Cricket in India (BCCI) announced the establishment of the Indian Premier League, a Twenty20 competition to be started in 2008.[5] In January 2008, the BCCI unveiled the owners of eight city-based franchises. The Chennai franchise was sold to the India Cements for $91 million, making it the fourth most expensive team in the league behind Mumbai, Bangalore and Hyderabad.[6] India Cements acquired the rights to the franchise for 10 years. Former ICC Chairman N. Srinivasan was the de facto owner of the Chennai Super Kings, by means of his position as the vice-chairman and managing director of India Cements Ltd. The franchisee was transferred to a separate entity named Chennai Super Kings Cricket Ltd., after the Supreme Court of India struck down the controversial amendment to the BCCI constitution's clause 6.2.4 that allowed board officials to have a commercial interest in the IPL and the Champions League T20 on January 22, 2015.[7]
Transport in Chennai The first motor bus service in the city was organised by the Madras Tramway Corporation between 1925 and 1928.[10] Most motor bus service providers in the city were nationalised as per the 1939 Motor Vehicles Act. The Pallavan Transport Corporation was created on 1 January 1972 to serve Madras city. It had a fleet of 1029 buses. In 1994, Pallavan Transport Corporation was bifurcated into Dr. Ambedkar Transport Corporation Limited for northern Madras and Pallavan Transport Corporation Limited for southern Madras. The two were reunited in 2001 to form the Metropolitan Transport Corporation. The bus service, currently, plies about 4,000 buses on 622 routes, moves an estimated 5.038 million passengers each day.[11]