Adani becomes fourth Indian group to acquire franchise in UAE's T20 League

Adani becomes fourth Indian group to acquire franchise in UAE's T20 League

Daily Current Affairs   /   Adani becomes fourth Indian group to acquire franchise in UAE's T20 League

Change Language English Hindi

Category : Business and economics Published on: May 23 2022

Share on facebook
  • Adani Sportsline, a subsidiary of the Adani group, has acquired the rights to own and operate a franchise in the six-member UAE T20 League.
  • With this, it becomes the fourth Indian group after Reliance Industries (RIL), GMR group and Capri Global, a non-banking financial company based in Mumbai, to own teams in the Indian Premier League (IPL)-style tournament that is likely to commence in June.
  • This will be the first major move overseas by Adani Sportsline that will "connect and engage with global fans" from across the cricketing nations.
Recent Post's
  • Mauritius awarded its highest honor, ‘Order of the Star and Key of the Indian Ocean,’ to PM Modi.

    Read More....
  • The government will establish daycare cancer centers in every district within three years.

    Read More....
  • According to the second advance estimates of the Ministry of Agriculture, India achieved a record food grain production in the 2024-25 session, with Kharif at 16.6391 million tonnes and Rabi (excluding summer crops) at 16.4527 million tonnes.

    Read More....
  • India signed an MoU with Armenia for cooperation in the regulation of medical products.

    Read More....
  • The joint military exercise Khandjar-XII between the special forces of India and Kyrgyzstan began in Tokmok, Kyrgyzstan, and will be held from March 10 to 23, 2025.

    Read More....
  • Dr. Jaishree Venkatesan became the first Indian to win the prestigious Ramsar Award in the ‘Wetland Wise Use’ category and was recognized as a female changemaker in wetlands by the Ramsar Secretariat.

    Read More....
  • Self-Help Groups (SHGs) of Andhra Pradesh set four world records—one Guinness and three World Records Union records, with DWCRA members achieving 3 lakh orders worth ₹5.13 crore in a week on ONDC.

    Read More....
  • Union Health Minister J.P. Nadda inaugurated the third International Symposium on Health Technology Assessment (ISHTA 2025) at Bharat Mandapam, organized by the Department of Health Research in collaboration with WHO India and the Centre for Global Development.

    Read More....
  • No Smoking Day is observed every year on the second Wednesday of March.

    Read More....
  • Mumbai will host the WAVES 2025 Summit, with a high-level meeting co-chaired by the Chief Secretary of Maharashtra and the Secretary of the Ministry of Information and Broadcasting.

    Read More....