The Competition Commission of India has greenlit a massive $1.78 billion deal, allowing a consortium led by Aditya Birla Group and The Times of India to acquire Royal Challengers Sports Pvt Ltd, the entity behind the IPL and WPL franchises. Aryaman Vikram Birla will chair the franchise, with Satyan Gajwani as vice-chairman.

CCI approves Aditya Birla-led consortium's ₹16,660 crore acquisition of IPL team Royal Challengers Bangalore.

The Competition Commission of India has greenlit a massive $1.78 billion deal, allowing a consortium led by Aditya Birla Group and The Times of India to acquire Royal Challengers…