If the deal goes through, it will be Lachlan's first investment through which he will take on his father Rupert Murdoch directly in the broadcasting space.
The 92-year-old is set to marry Zhukova, 62, on June 1 in a ceremony on his California vineyard and estate, Moraga, according to The Hollywood Reporter.
Rajasthan Royals have offered Yorkshire around 25 million pounds (Rs 260 crore/Rs 2.6 billion) to take complete control of the county club.
The CEOs have been discussing a collaboration for some time, according to two people with knowledge of the situation.
Rupert Murdoch's elder son, was in Mumbai last week to partner Percept Holdings, a communications company, in a 50:50 joint venture for a celebrity management outfit
While the other owners of Indian Premier League teams are gearing up to pick up players in an auction some time this month, Emerging Media and Lachlan Murdoch, the combine which has bagged the Jaipur team, has firmed up its marketing and promotion plans.
Sources say Ambani may be financing a part of the project in his individual capacity rather than through any of his group companies.
A bitter family battle over inheritance has split media titan Rupert Murdoch's family, according to reports.\n\n
The crisis-ridden Rajasthan Royals and its under-fire co-owner Raj Kundra's future hangs in balance as the BCCI's Emergent Working Committee meets in New Delhi on Monday to deliberate on the IPL spot-fixing and betting scam and take action, if required.
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