Mittal family buys 75% stake in Rajasthan Royals for about ₹15,600 crore; Somani deal falls through

The Hindu online

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Renowned industrialist Lakshmi N. Mittal and his son Aditya Mittal, along with Adar Poonawalla, have acquired a majority stake in Rajasthan Royals with a bid of $1.65 billion (approximately ₹15,600 crore) after the Kal Somani–Rob Walton–Sheila Ford Hamp consortium pulled out of the race.The tr