Lakshmi mittal

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Lakshmi Mittal, Adar Poonawalla Seal $1.65 Billion Rajasthan Royals IPL Deal

By AFP News May 04, 2026 • 16:03 PM View: 293

Indian steel magnate Lakshmi N Mittal and family, alongside vaccine billionaire Adar Poonawalla, have struck a $1.65 billion deal for Indian Premier League franchise Rajasthan Royals, a joint statement said on Sunday.

The IPL is the world's richest cricket tournament and mixes sport and show business in a glitzy format. It is broadcast around the world and features top international stars, with some teams fronted by Bollywood superstars.

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'IPL Could Not Have Better Owners': Lalit Modi Welcomes Mittal Family, Poonawalla Acquisition Of Rajasthan Royals

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