Mittal Family and Adar Poonawala acquire RR for about $1.65 billion
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May 3, 2026
File photo of IPL franchise Rajasthan Royals. A consortium of Lakshmi N Mittal, Aditya Mittal and Adar Pooonawala has acquired intense pulsed light franchise rajasthan royals The company acquired its sister entities (Paarl Royals and Barbados Royals) for…
Who is Carl Somani? US entrepreneur leads US$1.63 billion RR acquisition
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March 24, 2026
New Delhi: As the 2026 IPL season is about to kick off, the biggest news on the field is the $1.63 billion (£1.2 billion) acquisition of Rajasthan Royals by a consortium headed by American entrepreneur Kal Somani. While Somani has been a minority…