Sahara withdraws sponsorship of BCCI and IPL

[Rifat H]

Sahara withdraws sponsorship of BCCI and IPL

Sahara India Parivar have announced they are withdrawing their sponsorship of the Indian team and the IPL franchise Sahara Pune Warriors. The news comes on the day of the IPL 2012 auctions, where 144 players will go under the hammer in Bangalore. A Sahara official said the Chairman would address a press conference in Mumbai at 4pm on Saturday.

This comes a day after Kochi Tuskers Kerala, the other team which made its IPL debut with the Pune Warriors last year, announced it would take the BCCI to court for terminating its contract. The 2012 IPL was reduced to nine teams as a result.

http://www.espncricinfo.com/india/co...ry/552054.html

[Rifat H]

Sahara has been the sponsor of BCCI ever since i watched indians play cricket. May be the current form of indian team is the reason behind this

[F6_Turbo]

Cost cutting...can't imagine their airplane business is doing great. Everyone is losing a ton of money, it would make sense for them to stop spending money frivolously.

[Dilscoop]

Wrong section.