03
May
Jaipur (Gurpreet Singh): In a transformative development for the Indian Premier League, steel magnates Lakshmi Niwas Mittal and Aditya Mittal have entered the world of professional cricket by securing a monumental acquisition of the Rajasthan Royals franchise. This significant transaction, which includes the participation of prominent business leader Adar Poonawalla, values the enterprise at an estimated $1.65 billion US dollars, or approximately 15,660 crore rupees. This deal represents one of the largest investment movements in the history of the league, reflecting the rapidly escalating global valuation of cricket as a premier sporting asset. Upon the completion of regulatory formalities, the…