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Kal Somani acquires Rajasthan Royals for USD 1.6 billion

chdiksha
Kal Somani, an existing shareholder in the Rajasthan Royals IPL team, has taken over the franchise, acquiring the Jaipur-based outfit for USD 1.63 billion, which is approximately INR 16,290 crore. Times Group, which was also in the fray, finished a close second in the bidding race. Somani will head a consortium that includes Walmart, and his group has acquired a full 100 percent st... https://skyexchangeco.com/
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