Deccan Chargers
The Indian Premier League cricket franchise of the Deccan Chargers is owned by Deccan Chronicle. The Deccan Chargers represent the city of Hyderabad in the Indian Premier League. The media group acquired the franchise from IPL auction for $107 million on 24 January 2008. The franchise was terminated by BCCI on 12 October 2012 due to failure of the franchise to provide a bank guarantee of Rs 100 crores.
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