Cricket: $103m sponsorship for India

India's cricket team has secured a 3130 million rupees ($103 million) sponsorship deal for the next four years.

Indian domestic airline Air Sahara, a subsidiary of the national team's current sponsors Sahara India group, won an open bid invited by the Board of Control for Cricket in India.

The deal marks a large increase from the previous sponsorship agreement of 780 million rupees for the last three years.

It covers a minimum of 44 test matches and 110 one-day internationals the Indian team will play over the next four years, starting with the tour of Pakistan from January 6.