Wednesday, January 13, 2010

Update: Sahara to release 1 crore for Indian Hockey

Sahara, the team sponsor, has stepped in to break the impasse between the striking players and the federation. Sahara has decided to release RS.1 crore immediately to be distributerd amongst the striking players.

"In the genuine interest of the national hockey players, Sahara India Pariwar has decided to pay immediately Rs 1 Crore in suspense account to Hockey India, only for distribution to the players so that they can peacefully and happily practice and play for the country," Sahara said in a statement.

"Sahara has also paid Rs 77 lacs in December as advance for the quarter of January 15 to April 14, 2010. Sahara will go through the past accounts of Hockey India and shall take suitable decision for this amount," it added.

News and comments source is NDTV. Read the entire story at:
http://www.ndtv.com/convergence/ndtv/new/Ndtv-Show-Special-Story.aspx?ID=495&StoryID=SPOEN20100125519&ch=113201013100PM

2 comments:

  1. suddenly i have great respect for Sahara....one love to the hockey team man...i am gonna watch the world cup this time and i want them to win and basically show the middle finger salute to all the authorities

    - Zaph

    ReplyDelete
  2. too far fetched mate... they would do well to finish outside bottom 4

    ReplyDelete