Indian Boxing Federation (IBF) today announced the commencement of the 5th Commonwealth Boxing Championship 2010. Presented by XXX Energy Drink Commonwealth Boxing Championship (CBC) is a highly prestigious championship and is being hosted by India for the first time. Supported by the marketing and promotional blitz created by IBF's exclusive marketing partner Percept Limited, the CBC is expected to witness tremendous amount of excitement. The conference was attended by Col PK Muralidharan Raja, Secretary General, IBF, Mr. Shailendra Singh, Joint MD, Percept Ltd, Mr. Pat McCrory (Technical Delegate, Ireland), Mr. Raymond Silvas from USA (Technical Delegare, CWG, 2010) and other IBF officials addressing the media about the championship, its various features, contestants and the programme details. On this occasion Percept Ltd, who had earlier roped in the Title Sponsor XXX Energy Drink, also announced the cash prize of INR 25,000 for every Indian gold medal winner.