Pune, Kochi are two new IPL teams for the 2010 IPL Season

Pune and Kochi are the two new franchises for the fourth edition of the Indian Premier League. Sahara Adventure Sports Group bought Pune for USD 370 miliion, Rendevous Sports World Limited took the other franchise for USD 333.3 million.The two new teams were announced by IPL chairman Lalit Modi in Chennai on Sunday. Five bidders were in the fray for the two new sides. The IPL-IV will now feature