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RCB acquired for $1.78 billion by Birla-led group

Our Bureau Bengaluru In a massive deal that shakes up Indian cricket, Royal Challengers Bengaluru (RCB) has a new owner. The Aditya Birla Group, along with TOI, Bolt Ventures and Blackstone, bought the IPL team for $1.78 billion (about ₹16,600...

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Kal Somani led consortium acquires Rajasthan Royals

Our Bureau New Delhi A consortium led by US-based entrepreneur Kal Somani has acquired the Indian Premier League (IPL) franchise Rajasthan Royals in a landmark deal valued at $1.63 billion (approximately ₹16,000 crore), marking a significant moment in the commercial...