Mittal family, Adar Poonawalla acquire Rajasthan Royals for around $1.65 billion Cricket News

File photo of IPL franchise Rajasthan Royals. Acquired by a consortium of Lakshmi N Mittal, Aditya Mittal and Adar Poonawalla. IPL Franchise Rajasthan Royals And its sister entities (Paarl Royals and Barbados Royals) around $1.65 billion, TOI found. A press release in this regard is expected to be issued soon.After regulatory checks, including approvals from…

Read More

Aditya Birla Group, TOI Group, Bolt Ventures and Blackstone acquire RCB for $1.78 billion Cricket News

Virat Kohli with the IPL trophy. (AP Photo) Mumbai: Aditya Birla Group, Times of India Group, Bolt Ventures, and Blackstone have signed a definitive agreement to acquire 100% franchise of Royal Challengers Bangalore (RCB) which will include both men’s and women’s teams.Indian Premier League (IPL) and the Women’s Premier League (WPL) franchises are being acquired…

Read More