Reports say CVC Capital Partners is ready to sell a stake—majority—in the IPL franchise of Gujarat Titans, whose stake value is around $1 bln-$1.5 bn. According to Economic Times, CVC is negotiating with the Adani Group and the Torrent Group over selling a majority stake in the franchise, with both groups showing interest in the […]

The Board of Control for Cricket in India (BCCI) has revealed, on Monday, the two new teams in the Indian Premier League 2022 will be based in Ahmedabad and Lucknow after the bidding process ended in Dubai. Sanjeev Goenka’s RPSG and CVC Capital Partners won the bid at Dubai’s Taj Hotel. Sanjeev Goenka’s RPSG picked […]

After Pakistan’s dominating win over India in Dubai, the action now shifted to a bunch of investors, as they are bidding for the two new franchises for the Indian Premier League (IPL). At 11 am on Monday, closed bidding has started in front of the office-bearers of the BCCI in Dubai, and individuals who have been […]