The Board of Control for Cricket in India (BCCI) on Tuesday announced that Pune's New Rising and Rajkot's Intex will replace the suspended Chennai Super Kings and Rajasthan Royals in the next two editions of the lucrative Twenty20 tournament, the Indian Premier League.
In a meeting of the IPL governing council, chairman Rajeev Shukla confirmed that Sanjeev Goenka's company New Rising and mobile phone manufacturer Intex have won ownership rights of the two new franchises in the IPL.
Earlier, the Supreme Court-appointed Justice R.M. Lodha committee had handed a two-year suspension on CSK and RR after their investigation into the 2013 IPL corruption scandal.