Indian cricket team Royal Challengers Bengaluru sold for $1.8bn
Diageo offloads IPL franchise to consortium that includes Aditya Birla and Times of India
Diageo offloads IPL franchise to consortium that includes Aditya Birla and Times of India

The commercial pitch has become tougher for teams amid less competition for streaming rights and an advertising crackdown

Also in this newsletter, questions arise over future growth in the Indian Premier League

The country’s booze market has long been mired in a web of levies and complex regulation

Guinness maker’s struggles come as company continues search for new chief executive

World’s largest brewer beats expectations to defy gloom in alcohol sector

Shares in FTSE 100 company surge more than 14%