New Delhi, March 27 The fact that renowned American companies are investing in legacy franchises like RCB and Rajasthan Royals validates how investors view the IPL as the "highest growth sports opportunity in the world," Times Internet Limited chairman Satyan Gajwani said on Friday.Recent...
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New Delhi, March 26. Former owner of Royal Challengers Bengaluru (RCB), Vijay Mallya, reacted to the franchise's record-breaking sale after a consortium, led by the Aditya Birla Group, completed the acquisition for ₹16,660 crore and said it is gratifying to see his ₹450 crore investment has...
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New Delhi, March 26 Fugitive businessman Vijay Mallya, the original owner of Royal Challengers Bangalore, took a dig at critics who called it a "vanity project" after the cricket franchise was sold for almost USD 2 billion (Rs 18,776 crore).Mallya, who had bought Royal Challengers Bangalore...
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New Delhi, March 25 The sale of the cricket franchise, Royal Challengers Bangalore, by United Spirits Ltd (USL), is valued at nearly USD 2 billion (₹18,776 crore), considering it also includes a ₹540 crore payout for the Women's Premier League and a 5 per cent commission to the cricket body...
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New Delhi, March 25 – Aryaman Vikram Birla will become the new chairman of Royal Challengers Bengaluru after a consortium led by the Aditya Birla Group and Times Internet Limited acquired the defending Indian Premier League (IPL) and Women’s Premier League champions for ₹16,660 crore.Bolt...
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Mumbai, March 24 – A consortium led by the Aditya Birla Group and Times Internet Limited has acquired Royal Challengers Bengaluru (RCB), the defending champions of the Indian Premier League (IPL) and Women's Premier League, for INR 16,660 crore, the franchise owners informed regulatory bodies on...
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On March 24, Bengaluru, a consortium led by the Aditya Birla Group (ABG) acquired 100% equity stake in the IPL franchise, Royal Challengers Bengaluru, from its current owner, United Spirits Limited, for a staggering $1.78 billion (approximately ₹16,706 crore).Other parties involved in the...
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New Delhi, March 24 – A consortium led by the Aditya Birla Group and the Times of India Group has acquired Royal Challengers Bengaluru (RCB), the defending champions of the Indian Premier League (IPL), for approximately $1.78 billion (₹16,725 crore), a news report claimed on Tuesday.Bolt...
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New Delhi, March 24 United Spirits Ltd (USL) announced on Tuesday the sale of the IPL franchise, Royal Challengers Bangalore (RCB), in a ₹16,660 crore all-cash deal to a consortium of Aditya Birla Group, The Times of India Group, Bolt Ventures, and Blackstone.In a regulatory filing, USL said...
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New Delhi, March 24 United Spirits Ltd (USL) announced on Tuesday the sale of its IPL franchise, Royal Challengers Bangalore (RCB), in a Rs 16,660 crore all-cash deal to a consortium comprising Aditya Birla Group, The Times of India Group, Bolt Ventures, and Blackstone.In a regulatory filing...
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Bengaluru, March 24 A consortium led by the Aditya Birla Group (ABG) emerged as the lead bidder to acquire the IPL franchise, Royal Challengers Bengaluru, for a staggering USD 1.78 billion (approximately Rs 16,706 crore) on Tuesday.Other parties involved in the consortium are – Blackstone, an...
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New Delhi, March 24: The inaugural champions of the Indian Premier League (IPL), Rajasthan Royals (RR), have been sold to a consortium led by Kal Somani for USD 1.63 billion.Renowned commentator Harsha Bhogle shared a post on X, "Rajasthan Royals are sold for USD 1.63 billion. For comparison...
New Delhi, February 12 Aditya Birla Group's metals arm, Hindalco Industries Ltd, reported a 45.1 per cent decline in consolidated profit after tax at Rs 2,049 crore for the quarter ended December 2025, citing disruptions at its US subsidiary, Novelis' Oswego facility.The company had registered...
Mumbai, February 11 The Aditya Birla Group announced on Wednesday that it is bringing the Danish café chain 'Joe and Juice' to India.This marks the entry of the group's arm, Aditya Birla New Age Hospitality (ABNAH), into the "scalable food services format," which includes Yauatcha, Hakkasan...