Delhi DareDevils Franchise

The IPL Team Delhi DareDevils was aquired by GMR Holdings.

GMR Group, an indian business group that are in to Energy and Infrastructure sectors. It is based in Hyderabad, India. The group has, emerged as a big player in the airport development space and is presently developing the Delhi and Hyderabad airports. GMR Infrastructure and GMR Holdings are key companies of GMR Group.

G M Rao (Grandhi Mallikarjun Rao) is the Chairman and Managing director of GMR group. Rao has a personal wealth of $6.2 Billion according to the Forbes 2008 Billionaires list.