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MUMBAI, Feb 17 (Reuters) - Global private equity investors such as KKR and Blackstone have a new investment hotspot in India: cricket. The Indian Premier League, the world's richest cricket league, counts Bollywood stars, Indian tycoons and spirits maker Diageo among its backers, but is now attracting major private equity firms with the prospect of rapidly rising revenues and profits and a large global viewership. The enterprise value of the league, colloquially known as the IPL, rose to a rec ...Read More >
New Delhi: Chief minister Rekha Gupta on Sunday said authorities cannot go against demolition orders issued by courts and stressed that displaced residents have been provided accommodation.Her words came in the wake of the recent Madrasi Camp demolition for which the opposition Aam Aadmi Party (AAP) has criticised her. AAP has targeted Gupta, and alleged that the displaced Madrasi Camp residents were provided homes in faraway Narela, and those lack basic amenities.Attending an event to mark the ...Read More >
NEW DELHI, Jun 8: The Indian Premier League needs a 12-16 week operating window to match the brand value of top sporting leagues in the world including the NFL, NBA and Premier League, reckons Punjab Kings co-owner Mohit Burman. At USD 16.8 million, the IPL is only behind NFL (USD 36.8 million) in terms of per-match value but needs to catch up with its global rivals like NFL and leading European football leagues when it comes to the overall brand value pecking order. According to leading inves ...Read More >
The Indian Premier League (IPL) requires a 12-16-week operating window to rival the brand value of leading global sports leagues like the NFL, NBA, and Premier League, according to Punjab Kings co-owner Mohit Burman. With a per-match value of USD 16.8 million, the IPL ranks second only to the NFL (USD 36.8 million). However, it still trails its global competitors in overall brand value. According to investment bank Houlihan Lokey, the IPL is valued at approximately USD 16 billion. By comparison ...Read More >
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