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NDTV Profit 11d ago
CCI Clears Aditya Birla-Led Consortium's Rs 16,660 Crore Buyout Of IPL Team RCB
In November last year, USL said it would conduct a strategic review of its investment in RCSPL, the entity that owns the IPL T20 team Royal Challengers Bengaluru.
ABCAPITALABFRLABGSECABLBLABRELABSL10BANKABSLAMCABSLBANETFABSLLIQUIDABSLNN50ETABSLPSEBFINVESTBIRLACORPNBIRLAMONEYBSLGOLDETFBSLNIFTYBSLSENETFGGSEC10ABSLHEALTHYIPLMOMENTUMNIFTYQLITYSILVERTECHChemicalsConstruction Materials
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ET Markets - Industry 50d ago
Aditya Birla Group bets big on IPL boom, says media rights frenzy is far from over
Aditya Birla Group sees strong future growth for Indian sports. The group believes IPL media rights will keep increasing in value. This is despite current worries about fewer bidders. India's economy and sports viewership are rising. Premium sports assets are also scarce. This supports future valuations. The group recently bought Royal Challengers Bengaluru. They are optimistic about the long-term trend.
ABCAPITALABFRLABGSECABLBLABRELABSLAMCABSLBANETFABSLLIQUIDABSLNN50ETABSLPSEBIRLACORPNBIRLAMONEYBSLGOLDETFBSLNIFTYBSLSENETFGCURRENTFELFELDVRGSEC10ABSLHEALTHYHTMEDIAIPLLTGILTBEESMOMENTUMNIFTYQLITYPREMIUMSILVERTECHVALUEAutomobile and Auto ComponentsChemicals