New Delhi, March 24 (IANS) A consortium led by Aditya Birla Group and the Times of India Group has acquired the defending Indian Premier League (IPL) champions Royal Challengers Bengaluru (RCB) for USD 1.78 billion (Rs 16,725 crore approx), a news report claimed on Tuesday.Bolt Ventures (Bolt) and Blackstone’s perpetual private equity strategy (BXPE, Blackstone) are the other members of the consortium that have jointly bought the Royal Challengers Bengaluru, one of the eight original franchises …
Latest Serum Institute of India News & Updates
New Delhi, Jan 22 (IANS) Pharma tycoon Adar Poonawalla said he will make a ‘strong and competitive’ bid for securing the ownership of the reigning champions of the Indian Premier League (IPL), the Royal Challengers Bengaluru (RCB).”Over the next few months, we will be putting in a STRONG and COMPETITIVE bid for RCB, one of the best teams in the IPL,” Poonawalla, Chief Executive Officer of Pune-based vaccine-maker Serum Institute of India (SII) and Chairman of Poonawalla Fincorp, wrote in a p…