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Holi celebration at Prestige Shantiniketan Bangalore

Holi celebration at Prestige Shantiniketan Bangalore on 10th March, 2012

JSW group reportedly close to $100 million takeover of Mallya's Royal Challengers Bangalore

Jul 01, 2015    

Royal Challengers Bangalore (RCB), the Virat Kohli-led Indian Premier League team, could soon have a new owner.The flamboyant Vijay Mallya, Chairman of the UB (United Breweries) Group, is one of the most recognisable owners in the IPL and has been associated with the league since its inception. But that could change as JSW Group, the steel-power conglomerate, is in advanced talks to acquire the Bangalore franchise in a deal estimated to be around $100 million.According to a report in the Economic Times Diageo PLC, the current owner of United Spirits Ltd, is pushing for the deal to be be comple...

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