Miscellaneous Current Affairs · 26 March 2026
RCB sold for $1.78 bn to Aditya Birla, Times of India-led consortium
Exam-focused facts from the 26 March 2026 current affairs briefing.
Key facts
- Royal Challengers Bengaluru (RCB) was acquired for $1.78 billion (around ₹16,600 crore) by a consortium led by the Aditya Birla Group and The Times of India Group, along with Bolt Ventures and Blackstone.
- The franchise is being acquired from United Spirits Limited (USL), a subsidiary of Diageo plc.
- The transaction is subject to approvals from the Board of Control for Cricket in India (BCCI) and the IPL Governing Council.
- After the 2026 IPL season, Aryaman Vikram Birla will become chairman and Satyan Gajwani of The Times of India Group will serve as vice-chairman of RCB.
- United Spirits had originally bought the Bengaluru franchise in 2008 for $111.6 million (around ₹485 crore).
- RCB won the Women’s Premier League (WPL) title in 2024 and its maiden IPL trophy in 2025.