Indian Premier League – In response to the rival ICL, the BCCI started the Twenty20 competition known as the Indian Premier League (IPL), which is regarded as the brainchild of Lalit Modi. This League was launched by BCCI in 2007-08 and received widespread recognition from around the country. The players were selected via the auctions and drafted into the city-based franchises. The first IPL season was held from 18 April 2008 to 1 June 2008 where underdogs Rajasthan Royals, led by Shane Warne, won the first title at the DY Patil Stadium in Navi Mumbai Based on regional loyalties, the eight-team tournament brings a unique and popular team and player auction system hand-picking some of the best international players in the world and teaming them with Indian players, both domestic and international, in one arena. The total prize money for the IPL was $3 million. The IPL is one of the most-attended cricket league in the world and ranks sixth among all sports leagues. The IPL tournament consists of eight city based franchises.
India failed to reach the final of the Asia Cup yet again in 2014. In the 2014 ICC World Twenty20 hosted in Bangladesh, India narrowly missed out on another ICC trophy by losing to Sri Lanka in the final. This tournament saw the rise of Virat Kohli as one of the best limited overs batsmen in world cricket, as he was adjudged the man of the series. India soon comprehensively beat Sri Lanka and West Indies in ODI series to cement their position at the top of the ODI rankings. India toured Australia towards the end of 2014 for a 4-match Test series, which is remembered for MS Dhoni's sudden retirement from Test cricket after the end of the second Test. Virat Kohli was appointed as the captain of Team India in Test matches but he was unable to turn the series around and India lost 2–0. Kohli's first series win as captain came away from home in a 3-match Test series vs Sri Lanka, which signalled the beginning of an unbeaten Test series run for India.
Eden Gardens in Kolkata has hosted the most Tests, and also has the second-largest seating capacity of any cricket stadium in the world, being capable of holding more than 66,000 spectators. Founded in 1864, it is one of the most historical stadiums in India, having hosted numerous historical and controversial matches. Other major stadiums in India include the Feroz Shah Kotla Ground, which was established in 1883 and hosted memorable matches including Anil Kumble's ten wickets in an innings haul against Pakistan. For the last two years, the ground has been undergoing renovation.