Consortium of ArcelorMittal’s Mittal family and Serum Institute CEO Adar Poonawalla purchase IPL team Rajasthan Royals for US$1.65 billion

In a landmark transaction underscoring the surging commercial value of the Indian Premier League (IPL), the Rajasthan Royals franchise has been acquired by a consortium led by the Mittal family and Serum Institute of India CEO Adar Poonawalla. The deal, valued at approximately US$1.65 billion (around ₹15,660 crore), includes the IPL team along with its […]