Lalit Modi Among Bidders For Rajasthan Royals Ownership

Rajasthan Royals may soon get new owners as investment bank The Raine Group manages the sale process. The franchise is valued at about $1.1 billion. Several groups, including investors linked to Lalit Modi, Aditya Birla Group, Satyan Gajwani, and Adar Poonawalla, are reportedly bidding to buy a stake in the IPL team.