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Rendezvous Sports World Private Limited (RSW) was a
cricket Cricket is a bat-and-ball game played between two teams of eleven players on a field at the centre of which is a pitch with a wicket at each end, each comprising two bails balanced on three stumps. The batting side scores runs by st ...
franchise in the
Indian Premier League The Indian Premier League (IPL), also known as TATA IPL for sponsorship reasons, is a men's T20 franchise cricket league of India. It is annually contested by ten teams based out of seven Indian cities and three Indian states. The leagu ...
which had 10% of equity on
Kochi IPL Team Kochi Tuskers Kerala was a franchise cricket team that played in the Indian Premier League (IPL) representing the city of Kochi, Kerala. The team was one of two new franchises added to the IPL for the 2011 season, alongside Pune Warriors India ...
. Rendezvous Sports World Limited is a consortium made up of multiple companies. It had made the winning bid of USD 333 million in a global
invitation to tender An invitation to tender (ITT, otherwise known as a call for bids or a request for tenders) is a formal, structured procedure for generating competing offers from different potential suppliers or contractors looking to obtain an award of business ...
process called by the IPL for two new franchises from IPL season 2011. In April 2010, it threatened to sue IPL commissioner
Lalit Modi Lalit Modi (born 29 November 1963) is an Indian businessman and former cricket administrator. He was the founder, first chairman and Commissioner of the Indian Premier League (IPL), and ran the tournament for three years until 2010. He also ser ...
for breaking confidentiality terms by disclosing details of the stakeholders in the new Kochi IPL team on the micro-blogging website
Twitter Twitter is an online social media and social networking service owned and operated by American company Twitter, Inc., on which users post and interact with 280-character-long messages known as "tweets". Registered users can post, like, and ...
. Modi further revealed that of the Rendezvous 25% free, 18 percent share (4.5% of total equity worth Rs. 70 Crores) is held as
sweat equity Sweat equity is a non-monetary benefit that a company's stakeholders give in labor and time, rather than a monetary contribution, that benefit the company. Sweat equity is rewarded in the form of sweat equity shares. These are shares given out by a ...
by
Sunanda Pushkar Sunanda Pushkar (27 June 1962 – 17 January 2014) was an Indian-born Canadian businesswoman and the wife of former International diplomat serving under the UN and politician Shashi Tharoor. She was a sales director in the Dubai-based TECOM In ...
, who was then a female friend and later wife of Congress Politician
Shashi Tharoor Shashi Tharoor (; ; born 9 March 1956 in London, England ) is an Indian former international civil servant, diplomat, bureaucrat and politician, writer and public intellectual who has been serving as Member of Parliament for Thiruvananthapuram, ...
. Later amidst demands for Tharoor's resignation from the Union Cabinet by the opposition parties for alleged corruption, Sunanda Pushkar "voluntarily" gave up the sweat equity.


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Who is Rendezvous Sports World LimitedTharoor inspired Rendezvous Sports to bid for Kochi
Indian Premier League franchise owners {{India-company-stub