Wednesday, May 6, 2026

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Kal Somani-led consortium to buy Rajasthan Royals for Rs 15,290 crore

Rajasthan Royals is set to be sold to a Kal Somani-led US consortium for USD 1.63 billion, reflecting a sharp rise in IPL franchise valuations. The deal, subject to BCCI approval, is expected to take effect after IPL 2026

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