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Know about Sahara group and its chief Subrata Roy

New Delhi: The Sahara group's biggest claim to fame is that it was the official sponsor for Team India for the last decade.The group is a major promoter of sports in India, and is the

India TV News Desk [ Updated: July 25, 2014 8:03 IST ]
know about sahara group and its chief subrata roy
know about sahara group and its chief subrata roy

New Delhi: The Sahara group's biggest claim to fame is that it was the official sponsor for Team India for the last decade.


The group is a major promoter of sports in India, and is the main sponsor of Indian cricket team but last year it decided to terminate the deal after running into trouble with the BCCI when they scratched his IPL franchise team Pune Warriors.

Sahara owned 42.5% stake in  Force India Formula 1 Team and also sponsor the India national field hockey team.

Sahara's finance business is the group's cash cow. Sahara India Financial Corporation Limited (SIFO) is a “residuary non-banking company“.

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