Sahara bagged Pune while little known Rendezvous Sports World Limited clinched Kochi as the Indian Premier League on Sunday unveiled two new teams joining the Twenty20 league. IPL Commissioner Lalit Modi told reporters in Chennai that Sahara Adventure Sports Group made an identical 370 million dollar bid for three cities– Ahmedabad, Nagpur and Pune. But they were asked to chose one of those cities. So Pune will be the home ground of their team. He said, Rendezvous Sports World Limited made the second highest bid but their offer of over 333 million dollar was enough to land the Kochi franchise. Mr. Modi made it clear that there was no plans to have a second IPL abroad. He said, there is also no plans to expand further immediately.
News On AIR | March 21, 2010 12:54 PM
Sahara, Rendezvous Sports win bid for new IPL teams