The biggest breaking news of the morning is that Sahara India has announced to withdrawn their sponsorship from Indian cricket team as well as their ownership from IPL franchise Pune Warriors.
Reports have said that this happened after the Sahara denied replacement for Yuvraj Singh for the upcoming IPL season five matches.
The press release issued by Sahara states that they are withdrawing from all cricket under BCCI. Meanwhile, the Sahara India earlier urged BCCI to pass on Pune Warriors team to some other interested party immediately.
In the meantime, the real deal of Sahara India with BCCI ends in 2010 after the company invested around Rs 400 crore on team India in four-years of period. Read more