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Monday, May 20, 2013

Indian-born software tycoon Vivek Ranadive buys US NBA team Sacramento Kings

Vivek Ranadive, who on Friday secured a deal to buy basketball team Sacramento Kings, hopes to make basketball India’s second-biggest sport
As the hours-long euphoria over Vivek Ranadive securing a deal to buy a majority stake in popular California NBA team Sacramento Kings wound down, the Mumbai-born Silicon Valley hotshot told  "This is a great moment for a man who came to the US in 1975 with less than $50 in his pocket."
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