Rabada played 11 matches and took 11 wickets for his IPL team Punjab Kings
"Together with the Academy, we have decided there will be no traditional host, repeating for us what worked last year," ABC entertainment president Karey Burke told a television summit near Los Angeles, according to showbiz website Deadline Hollywood.
"[It will have] huge entertainment values, big musical numbers, comedy and star power."
An ABC spokeswoman confirmed the report to AFP.
Last year, the Oscars decided to go without a host - the first time in three decades - after their original choice Kevin Hart pulled out when old controversial tweets of his resurfaced.
In the end the event was considered a success and the show enjoyed a year-on-year increase in ratings.
The host-less format has not always been so well received, however.
The previous time the Academy of Motion Picture Arts and Sciences tried it, one of the most infamous moments in Oscars history was born: an awkward song-and-dance number featuring actor Rob Lowe and... Snow White.
The Oscars are handed out on February 9.
Rabada played 11 matches and took 11 wickets for his IPL team Punjab Kings
Chile's Tabilo will play his first-ever Masters 1000 semi-final at the age of 26
Canada’s Consul General to the UAE applauded
Over 1,000 students engage in conversations about higher education with qualified representatives from Dubai’s leading universities
The Earth-observation satellite, named in honour of Mohamed Bin Zayed, will be launched on a SpaceX rocket
Wednesday's defeat to Punjab was a big blow to Royals' hopes of a top-two finish
Higher education institutes under the federal government will also have a new system of scholarships so that it meets labour market demand
The Cabinet has also announced a new position, CEO for Artificial Intelligence, across ministries and federal entities