United Spirits mulls future of Royal Challengers Bengaluru stake
United Spirits has begun an assessment of its sports management unit that owns the Royal Challengers Bengaluru (RCB) franchise. In a stock exchange filing yesterday (5 November), the Diageo-controlled company said it is reviewing the investment in its wholly owned subsidiary, Royal Challengers Sports Private Limited (RCSPL). The review is expected to conclude by the end of March. RCSPL holds the RCB teams that compete in the Indian Premier League (IPL) and the Women’s Premier League. Previously, United ...