Retail in Asia

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Sahara and Rendezvous won IPL franchise for Indian towns Pune and Kochi

Sahara Adventure Sports, part of the Sahara Group, and little known five-member consortium, Rendezvous Sports, have won "an extremely competitive" bidding for the two new franchises – in Pune and Kochi – of Indian Premier League for 10 years.

The entry of Kochi and Pune takes the total number of IPL franchises to 10, and the number of matches to 94.