Mittal family-led consortium to acquire Rajasthan Royals in $1.65 billion dealThe Mittal family, led by Lakshmi N. Mittal and Aditya Mittal, is set to acquire a significant 75% stake in the Rajasthan Royals franchise....
Rajasthan Royals' $1.63 billion buyout delayed on funding, legal hurdlesThe proposed $1.63 billion buyout of IPL franchise Rajasthan Royals has been delayed due to funding challenges, regulatory concerns and com...
Pitch perfect for private equity as the IPL investment playbook draws global investorsSeveral team owners have extended their footprint into overseas T20 leagues such as South Africa's SA20, the UAE's ILT20 and England's The ...
Axel Springer buys the Telegraph for £575 million, ending two years of ownership uncertaintyGerman media company Axel Springer has agreed to buy The Telegraph newspaper for £575 million, ending years of uncertainty over its ownersh...
Banijay, All3Media to merge entertainment businesses to create one of Europe's largest multimedia production groupsBanijay Group and All3Media are merging their entertainment production businesses. This creates one of Europe's largest multimedia producti...
Jharkhand plane crash: RedBird Airways says there were no defects with air ambulanceRedBird Airways has stated there were no defects with the aircraft that crashed in Jharkhand. The company also confirmed the pilots were ex...
RedBird Capital acquires Telegraph Media Group for £500 million, ushering in new era for UK journalismUS private equity firm RedBird Capital Partners has acquired the Telegraph Media Group for £500 million, marking a significant investment i...
UK newspaper The Telegraph set for US ownershipRedBird Capital Partners, a US investment group, will acquire The Telegraph Media Group for £500 million. This deal concludes a two-year sa...
RedBird mulls selling stake in IPL team Rajasthan RoyalsRedBird Capital Partners is seeking to sell its minority stake in IPL team Rajasthan Royals, aiming to double its initial $37.5 million inv...
DGCA suspends official accused of taking 'bribe' from flying schoolsFive aircraft of RedBird Aviation, the largest flight school, have crash landed in the last six months due to engine failure. Investigation...
UK signals probe into UAE-backed Telegraph dealCulture Secretary Lucy Frazer said she's "minded to" issue a so-called Public Interest Intervention Notice. "This relates to concerns I hav...
DGCA suspends RedBird's authorisation to carry out maintenance of its planes"The review has indicated that the flying training organisation has failed to continuously adhere to the provisions of Aircraft Rules, 1937...
Former CNN CEO Jeff Zucker is back to business, will head Red Bird-IMI joint ventureFormer CNN and NBC Universal CEO Jeff Zucker will head the media joint venture floated by Red Bird Capitals and Abu Dhabi-based investment ...
Former CNN chief Jeff Zucker has a new job at RedBird IMI. What is it?RedBird Capital Partners, a private equity firm, and International Media Investments, a funder with connections to the government of the Un...
Thanks to IPL, American money discovers Indian cricket at lastThat there is money to be made in cricket in India is a new phenomenon. As recently as the 1990s, the BCCI had to pay Doordarshan to show t...
RedBird deal with Rajasthan Royals puts CSK back in spotlightAccording to dealers of unlisted market, the deal is likely to have a rub-off effect on CSK's valuation and the stock price has already sho...
RedBird acquires 15% stake in IPL's Rajasthan RoyalsRajasthan Royals won the inaugural edition of IPL, which is played in the sport's shortest Twenty20 format, in 2008 and are majority owned ...