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Sun TV Network is new owner of Hyderabad IPL team franchise, bid $80M for first 5 years

BY  Diksha Dutta
Two weeks ago the team franchise owned by Deccan Chronicle was sold to Mumbai-based realty firm Kamla Landmarc, but BCCI terminated the franchise.

Kalanithi Maran-led media house Sun Television Network has won the bid for the franchisee rights for Hyderabad team of the domestic T-20 club tournament Indian Premier League (IPL) for Rs 85.05 crore ($16 million) per year. The Board...

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