Sahara, Rendezvous Sports win bid for new IPL teams

March 21st, 2010 - 1:30 pm ICT by ANI ( 1 comment )

Mumbai, Mar 21 (ANI): The Sahara Group run by businessman Subrata Roy purchased the Pune team and Rendezvous Sports bought the Kochi team on Sunday for the fourth edition of the cash-rich Indian Premier League (IPL) tournament.

Five bidders took part in the bid for these two teams today.

Indian Premier League Commissioner Lalit Modi made the announcement that the Sahara Group has purchased the Pune team and Rendezvous Sports purchased the Kochi team.

It is reported that Sahara Group purchased the Pune team for Rs 1702 crores, while Rendezvous Sports bought the Kochi team for Rs 1533 crores.

Five bidders had lined up on Friday for submission of bids, to qualify for the auction, which took place today morning, a top BCCI said. (ANI)

Related Stories

Tags: , , , , , , , , , , , , ,

Posted in Sports |

One Response

  1. bhattathiri Says:

    Rendezvous’s sports Management has become a part and parcel of everyday life, be it at home, in the office or factory and in Government. In all organizations, where a group of human beings assemble for a common purpose irrespective of caste, creed, and religion, management principles come into play through the management of resources, finance and planning, priorities, policies and practice. Management is a systematic way of carrying out activities in any field of human effort. Management need to focus more on leadership skills, e.g., establishing vision and goals, communicating the vision and goals, and guiding others to accomplish them. It also assert that leadership must be more facilitative, participative and empowering in how visions and goals are established and carried out. Some people assert that this really isn’t a change in the management functions, rather it’s re-emphasizing certain aspects of management.
    WISH THEM ALL SUCCESS.

Leave a Comment

Please note: Comment moderation is enabled and may delay your comment. There is no need to resubmit your comment.


RSS feed for comments on Sahara, Rendezvous Sports win bid for new IPL teams