Somani leads a consortium that also included Walmart and the group has acquired 100 percent stake in the franchise Kal Somani, an existing shareholder in the Rajasthan Royals IPL team, has taken over the franchise, acquiring the Jaipur-based outfit for approximately USD 1.6 billion. Times Group, which was also in the fray, finished a close second in the bidding r... [1072 chars]
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