Modi loses libel case, has to pay Cairns damages

Lalit Modi's cup of woes seems to be overflowing as the axed IPL Commissioner today lost a libel case to former New Zealand cricketer Chris Cairns and will have to pay 90,000 pounds (app Rs 73 lakhs) in damages to the all-rounder.

Neither party was present when the verdict - which is open to appeal - was announced in the High Court in London. Modi had accused Cairns of being involved in match-fixing during the rebel Indian Cricket League in 2008.

Mar 2012