Cricket-BCCI awards Hyderabad franchise to media corporation

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NEW DELHI, Oct 25 (Reuters) - A Chennai-based media corporation has bagged the Hyderabad franchise of the Indian Premier League (IPL) Twenty20 tournament for an annual fee of $15.81 million, the Indian cricket board said on Thursday. The Sun TV Network made a bid significantly higher than the second highest offer of $12.83 million, Board of Control for Cricket in India (BCCI) secretary Sanjay ...

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