Videocon Group show interest in Deccan Chargers
The Videocon Group, an Indian conglomerate, has expressed interest in buying Deccan Chargers from its owners Deccan Chronicle, the first potential buyer to openly declare its position. The franchise had formally been put up for sale on Thursday with the owners in the middle of well-publicised financial issues.
Videocon have wanted to own an IPL team for a few years now, having lost out to the Sahara group in bidding for the Pune franchise in 2010. “We are interested and will place our bids for buying out Deccan Chargers,” Venugopal Dhoot, the chairman of the electronics-to-energy Videocon…
The rest is here: Videocon Group show interest in Deccan Chargers