Pune and Rajkot today became the new franchises in the Indian Premier League (IPL), replacing the suspended teams of Chennai Super Kings and Rajasthan Royals for a period of two years.The Pune franchise was bought by Kolkata-based business tycoon Sanjiv Goenka's company New Rising, while the Rajkot bid was won by Intex Mobiles.The process was necessitated by the suspension of CSK and RR for the involvement some of their officials and co-owners in the 2013 IPL spot-fixing scandal. However, both the CSK and RR will be allowed back in the league after serving out their suspension.