A consortium led by the Aditya Birla Group emerged the lead bidder to acquire IPL franchise Royal Challengers Bengaluru for a whopping Aditya Birla Group-Led Consortium Acquire IPL Champions RCB for Rs Rs 16,660 crore.
One consortium is led by Manipal Hospitals' Dr Ranjan Pai along with US private equity firm KKR and Singapore investment major Temasek. The other is a combine of Swedish private equity firm EQT and Premji Invest, the investment office backed by Wipro founder Azim Premji.
Fugitive businessman Vijay Mallya responds to criticism of his investment in Royal Challengers Bangalore (RCB) after the franchise was sold for nearly USD 2 billion.
Manchester United defeated Aston Villa to strengthen their position in the Premier League top four, while Liverpool were held to a draw by Tottenham Hotspur.
Pakistan has announced its commitment to continue facilitating talks between the United States and Iran, urging both nations to uphold the ceasefire agreement. Deputy Prime Minister Ishaq Dar highlighted Pakistan's role in mediating recent discussions and expressed hope for durable peace and regional stability.
While the enterprise value of 595 million may seem expensive for the acquisition of Whyte & Mackay by United Spirits, the fact remains that scotch is in short supply globally and there aren't too many companies up for sale.
The stock of United Spirits, the country's largest liquor company by market capitalisation (mcap), has gained 11 per cent over the past week on double-digit growth guidance, rising premiumisation trend, operationally in-line performance in the March (Q4FY24) quarter and a rally in consumer stocks. The revenue growth of the company came in at 7 per cent year-on-year (Y-o-Y) mirroring the growth of the prestige and above (P&A) segment. This segment comprising premium brands accounts for 88 per cent of the revenues.
Manchester United's Benjamin Sesko scoring a stoppage-time equaliser to deny 18th-placed West Ham United a 1-0 win.
India U20 Women's team must win against Chinese Taipei to keep their hopes alive for reaching the quarter-finals of the AFC U20 Women's Asian Cup.
India's U20 women's team must defeat Chinese Taipei in their final Group C match to keep their hopes alive of reaching the quarter-finals of the AFC U20 Women's Asian Cup.
Chandigarh and Karnataka emerged victorious in their respective Division B matches, while Mizoram, Haryana, Odisha, and Jharkhand secured wins in Division A games at the Hockey India Sub Junior Women National Championship.
Three-time IPL champions Kolkata Knight Riders will be looking to turn their fortunes around when they face a buoyant Punjab Kings in their backyard on Monday.
Talks between Iran and the US in Pakistan concluded without a deal due to disagreements over key issues, including Iran's nuclear programme and sanctions, despite efforts to find common ground.
Manchester City scored three goals in 17 second-half minutes and move within six points of league leaders Arsenal.
A preview of the Indian Premier League (IPL) match between Punjab Kings and Sunrisers Hyderabad, highlighting team strengths, key players, and recent performances.
One of the most uncivilised characteristics of this war has been the total disregard for international law and the laws of armed conflict, asserts Vice Admiral Biswajit Dasgupta (retd).
Prime Minister Narendra Modi will hold a video conference with chief ministers of most states to assess their preparedness and strategies in response to the ongoing conflict in West Asia.
Pharma tycoon Adar Poonawalla has emerged as a potential suitor for the Indian Premier League franchise Royal Challengers Bengaluru, sparking fresh speculation around a possible change in ownership of one of the league's most high-profile teams.
Prime Minister Narendra Modi addresses the Rajya Sabha, detailing India's strategies to navigate the global energy crisis sparked by the West Asia conflict, including securing diverse energy sources and expanding strategic oil reserves.
Satyan Gajwani, chairman of Times Internet Limited and RCB's new co-owner, discusses the significance of American companies investing in IPL franchises like RCB and Rajasthan Royals, highlighting the league's immense growth potential and global appeal.
Kerala Chief Minister Pinarayi Vijayan held an online meeting with Loka Kerala Sabha members in the Gulf region to discuss support for the expatriate community amidst the escalating conflict in West Asia.
With the Indian Premier League 2026 season approaching, Delhi Capitals on Thursday unveiled their new jersey, inspired by the fierce tiger spirit that reflects both the team and the city.
Colonel Sonam Wangchuk, a decorated Kargil War hero known as the 'Lion of Ladakh' and recipient of the Maha Vir Chakra, has passed away. He was celebrated for his gallantry and leadership in securing the Chorbat-La in the Batalik sub-sector during Operation Vijay in 1999.
United Spirits Ltd (USL), flagship spirits company of the UB Group, has finally decided on foreign currency convertible bonds (FCCBs) to raise as much as $225 million (Rs 1,190 crore). The plan is to raise up to $175 million, plus an over-allotment option of $50 million.
Pakistan is set to host face-to-face talks between the United States and Iran, aiming to solidify a fragile ceasefire and prevent further conflict in West Asia. The discussions will focus on a long-term peace arrangement, including sanctions relief, regional security, and Iran's nuclear program.
West Ham United bounced back from conceding an early goal to beat Newcastle United 3-1 on Sunday.
FIFA President Gianni Infantino says the 2026 World Cup will proceed as scheduled despite uncertainty over Iran's participation due to security and geopolitical tensions.
Indian stock markets recovered from early losses to close higher, driven by value buying in IT and banking shares and a rebound in the rupee.
Aryna Sabalenka defeated Coco Gauff in the Miami Open final to complete the 'Sunshine Double', joining an elite group of female tennis players.
India is set to compete in the Billie Jean King Cup Asia-Oceania Group I ties, aiming for promotion to the 2026 play-offs. Despite a setback with Shrivalli Bhamidipaty's withdrawal, the team hopes to capitalise on home advantage.
Diageo's India arm will begin a strategic review of its investment in a unit which owns the IPL team Royal Challengers Bengaluru, the spirits maker said on Wednesday.
'What we have yet to see on either the US or the Iranian side is willingness to compromise on their ultimate demands and the flexibility to reach an agreement to end the war.
Prime Minister Narendra Modi held a virtual meeting with chief ministers to review preparedness and plans in light of the West Asia conflict, emphasising the importance of national unity and enhanced security measures.
A senior US official has emphasised India's crucial role in maintaining peace and stability in the Indo-Pacific region and ensuring a balanced power dynamic in Asia, advocating for stronger defence ties between the two nations.
United Spirits wants to align its resources to meet its goals of becoming a trusted and respected consumer goods company.
In February, the BBC reported that Manchester Super Giants, MI London, Southern Brave, and Sunrisers Leeds would not consider signing Pakistani players for the United Kingdom-based competition amid tensions between neighbours India and Pakistan.
Nagaland Chief Minister Neiphiu Rio has called for strengthening Naga unity across political, cultural and social spheres, emphasising the importance of preserving collective identity.
Five members of the Iranian women's football team, who initially sought asylum in Australia, have withdrawn their claims and are returning to Iran.
Poland battled past Switzerland 2-1 in the United Cup final on Sunday to banish the pain of title-round defeats in the previous two editions and secure a long-awaited maiden triumph in the season-opening mixed-team competition.
'Despite the large number of missiles and drones we have already launched, we still possess reserves and missile cities whose doors have not yet been opened,' says Iran's Consul-General Saeid Reza Mosayeb Motlagh.
© 2026 Rediff.com - Advertise with us - Disclaimer - Privacy Policy - Sitemap - Feedback - About us - Terms of use - Grievances