Sahara India Pariwar is an Indian
conglomerate headquartered in
Lucknow,
India with business interests in finance, infrastructure & housing, media & entertainment, consumer merchandise retail venture, manufacturing and information technology. The company has an estimated
market capitalisation of 25.94 billion as of March 2011. The group is a major promoter of sports in India and was the main sponsor of the
India national cricket team. The company owns a 42.5% stake in Formula One's
Force India Formula 1 Team and also sponsors
India national field hockey team. In more recent times, the company has faced criticism due to allegations regarding questionable financial practices,
crony capitalism and its close nexus with and favoritism from political parties.