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The Economic Times

Sports / The Economic Times

Rajasthan Royals sold for $1.65B to Mittal-Poonawalla consortium

A consortium led by the Mittal family and including Adar Poonawalla will acquire Rajasthan Royals for $1.65 billion. The Mittal family will hold a majority stake. This deal follows a previous failed sale. The transaction includes overseas franchises. Approvals are pending, with closure expected in the third quarter of 2026. New investors will join the board.

4 May 2026 12:22 am
Soccer: Arsenal are keeping alive the dream, says Mikel Arteta after Fulham win

Arsenal rediscovered their attacking verve as they blew away Fulham with a first-half masterclass, with fit-again Bukayo Saka on song and summer signing Viktor Gyokeres delivering arguably his best performance for the Gunners.

4 May 2026 12:13 am
Sinner crushes Zverev to win Madrid Open and claim record 5th straight Masters 1000 title

Jannik Sinner has won the Madrid Open. He defeated Alexander Zverev in the final. This marks his fifth consecutive Masters 1000 tournament victory. Sinner's winning streak continues. Marta Kostyuk won the women's final. She beat Mirra Andreeva. This is a significant achievement for Sinner in the tennis world.

3 May 2026 10:18 pm
GT vs PBKS playing 11: Expected lineups, head to head record and team squads

GT vs PBKS Head-to-Head: Punjab Kings seek to rebound from their first IPL 2026 loss against Gujarat Titans. Gujarat Titans aim to extend their winning streak. Potential team changes are discussed for both sides. The head-to-head record favors Punjab Kings slightly. Predicted playing XIs and full squads are also provided for this upcoming match.

3 May 2026 5:16 pm
IPL in safest hands: Lalit Modi backs Mittal-Poonawalla takeover of Rajasthan Royals

The Mittal family, in partnership with Adar Poonawalla, is set to acquire a controlling stake in Rajasthan Royals. This significant deal values the franchise at around $1.65 billion. The acquisition includes the team's global footprint. Existing investors will retain a small stake. The transaction is expected to close in the third quarter of 2026, pending regulatory approvals.

3 May 2026 4:26 pm
IPL 2026: From Rohit vs Kohli round 2 to playoff race, 5 reasons why 'revenge week' will thrill

Punjab Kings, Royal Challengers Bengaluru and Rajasthan Royals continue to hold the top three spots, while teams in the second half of the table will be eager to turn the tide. With key rematches lined up and plenty of unfinished business from earlier encounters, all of it sets the stage for a blockbuster next phase of the tournament.

3 May 2026 3:59 pm
India A squads for England tour announced; Anushka Sharma, Harleen Deol to lead T20 and ODI sides

The BCCI has revealed squads for upcoming cricket tours. India A women will tour England for T20s and ODIs. Anushka Sharma captains the T20s, Harleen Deol leads the ODIs. India's T20 World Cup squad is also announced, captained by Harmanpreet Kaur. A separate squad for a one-off Test against England has been named.

3 May 2026 3:51 pm
Mittal family-led consortium to acquire Rajasthan Royals in $1.65 billion deal

The Mittal family, led by Lakshmi N. Mittal and Aditya Mittal, is set to acquire a significant 75% stake in the Rajasthan Royals franchise. This deal, valued at approximately $1.65 billion, includes associated global teams. Adar Poonawalla will hold an 18% stake. The transaction is anticipated to conclude in the third quarter of 2026, pending necessary approvals.

3 May 2026 3:30 pm
West Bengal election results 2026: 10 key seats to watch as Bengal counts its votes tomorrow

Counting for the West Bengal Legislative Assembly election begins on May 4, 2026. Results will be declared across 77 centres. The election saw a historic voter turnout of 92.93 per cent. Ten constituencies are being closely watched, including Bhabanipur, Nandigram, and Diamond Harbour. Key leaders are contesting in these seats.

3 May 2026 3:23 pm
Difficult to replace Amanjot Kaur, India on right track for T20 World Cup preparations: Amol Muzumdar

India's women's cricket team faces a challenge with Amanjot Kaur's injury ahead of the T20 World Cup in England. Head coach Amol Muzumdar confirmed the team is preparing well in Bengaluru, aiming to build on past successes against England. Jemimah Rodrigues expressed the team's hunger for more World Cup titles.

3 May 2026 3:20 pm
Vinesh flags fear of bias, says govt to be responsible for any incident in Gonda

Wrestler Vinesh Phogat has issued a stern warning to the Indian government regarding her safety at the upcoming National Open Ranking Tournament. She expressed apprehension about potential biased officiating at the Gonda venue, which she believes is influenced by former WFI chief Brij Bhushan Sharan Singh. Phogat seeks a fair competition environment for her comeback event.

3 May 2026 3:02 pm
Motor racing-F1 will have V8 engines by 2031, possibly 2030, says FIA president

Formula One is set to embrace V8 engines by 2031, with a potential shift to 2030. FIA president Mohammed Ben Sulayem confirmed the move, aiming for simpler, louder engines. This change follows current V6 hybrid units. The sport seeks less complexity and improved sound. Manufacturers' approval could bring the V8s forward.

3 May 2026 2:43 pm
Mittal family set to own 75% of Rajasthan Royals in $1.65 billion deal

The Mittal Family and Adar Poonawalla are set to acquire a controlling stake in the Rajasthan Royals IPL franchise. The deal values the team at approximately $1.65 billion. This significant acquisition includes ownership of associated teams in South Africa and the Caribbean. The transaction is anticipated to finalize in the third quarter of 2026.

3 May 2026 2:36 pm
Kerala lottery Samrudhi SM-53 result out today (03-05-2026); Rs 1 crore prize winning number and full list here

The Samrudhi SM-53 lottery results have now been released, offering participants a chance to win prizes ranging from a 1 crore jackpot to smaller amounts. Ticket holders can check their numbers for the draw, which features multiple prize tiers. The Kerala State Lotteries Department ensures transparency in the announcement and claiming process.

3 May 2026 2:31 pm
SRH vs KKR weather update: Check Hyderabad temperature, rain forecast and match conditions

SRH vs KKR Pitch Report: Sunrisers Hyderabad are on a five-match winning streak. They face Kolkata Knight Riders at home. Hyderabad's batting is in strong form with key players scoring heavily. The pitch is expected to favour batsmen. Hyderabad's bowling has also been consistent. Kolkata Knight Riders are looking to improve their performance after recent wins.

3 May 2026 2:19 pm
Assam polls 2026: No doubt over CM face as Himanta Biswa Sarma eyes second term

Himanta Biswa Sarma is poised for a second term as Assam Chief Minister. The Bharatiya Janata Party is expected to win, bringing Sarma back to lead. Union Home Minister Amit Shah has emphasized the party's commitment to deporting infiltrators. Unlike the previous election, there is no uncertainty regarding the Chief Ministerial choice this time.

3 May 2026 11:47 am
Diesel Price Today (3 May 2026): Check fuel rates in Delhi, Kolkata, Mumbai, Chennai and Bengaluru

Diesel price today 24 April 2026 remains steady across major cities, with rates in Delhi, Mumbai, Chennai and Kolkata showing no significant change. Fuel prices continue to be influenced by global crude oil trends, currency exchange rates and local taxes. Check the latest city-wise diesel prices to track daily updates and regional variations in fuel costs.

3 May 2026 11:11 am
Garena Free Fire Max Redeem Codes for May 3, 2026: Unlock 10+ rewards now

Garena Free Fire MAX players can snag free in-game items on May 3, 2026, by using special 12-character alphanumeric redeem codes. These codes, released regularly, offer a limited-time opportunity to claim rewards. Players must act fast to redeem them on the official Garena website before they expire. Log in and enter your code to claim your prizes.

3 May 2026 10:47 am
Petrol price today 3 May 2026: Check latest rates in Delhi, Mumbai, Chennai, Kolkata and Bengaluru

Petrol price today :Indian petrol prices change daily. This dynamic pricing depends on global crude oil costs, the rupee's value against the dollar, and market supply and demand. Taxes, dealer commissions, and refining expenses also affect the final price. Consumers in cities like Chennai, Hyderabad, Mumbai, Pune, and Kolkata pay varying rates per litre.

3 May 2026 10:28 am
Assembly Election Results 2026 date & counting time: Full schedule for West Bengal, Assam, Kerala, Tamil Nadu, and Puducherry

Assembly Election Results 2026 date and time: West Bengal, Tamil Nadu, Kerala, Assam, and Puducherry await their Assembly election results on May 4th. Vote counting begins at 8 AM, with initial trends expected within two hours. High voter turnouts were recorded across states, setting the stage for crucial contests, including the direct face-off in West Bengal and the UDF vs. LDF battle in Kerala.

3 May 2026 9:37 am
'When I had Rs 5, I wanted to buy something of Rs 100': Archana Puran Singh eyes luxury sea-facing bungalow in Madh Island. Here's what she says about the price

Actor Archana Puran Singh explored buying a new home in Madh Island. The journey highlighted her past investments and current financial outlook. She reflected on her early days in Madh Island, recalling a time of limited resources but bold decisions. Her existing properties in Madh Island are valued at Rs 70 crore. She also maintains a farmhouse in Dehradun.

3 May 2026 9:19 am
NEET Exam Timing 2026: Check complete NTA guidelines, dress code rules, allowed and prohibited items for exam day

NEET UG 2026 Exam Timing : NEET UG 2026 is scheduled for today, May 3, with exams running from 2 PM to 5:20 PM. Candidates must bring their admit cards and valid ID for entry. Strict guidelines are in place regarding dress code, allowed items, and prohibited materials to ensure exam integrity.

3 May 2026 8:51 am
MI vs CSK IPL 2026: Chennai Super Kings create history, set new IPL record vs Mumbai Indians

Ruturaj Gaikwad and Kartik Sharma's unbeaten half-centuries powered Chennai Super Kings to an 8-wicket victory over Mumbai Indians. This win marked CSK's 20th against MI, propelling them to sixth in the IPL 2026 table, while MI's playoff hopes dwindle.

3 May 2026 7:25 am
NTA to conduct NEET-UG 2026 in Riyadh on Sunday

The National Testing Agency will conduct the NEET-UG 2026 examination in Riyadh, Saudi Arabia. The pen-and-paper test is scheduled for Sunday, May 3. Candidates must report to the International Indian School Riyadh by 11 am. Entry will be denied to latecomers. All attendees need their admit cards, photographs, and valid ID. Adherence to the NTA's dress code is mandatory.

3 May 2026 7:05 am
India go down 0-3 to France in the Thomas Cup semifinal, settle for bronze

India's Thomas Cup title defence ended in the semifinals with a bronze after a 0-3 loss to France. Lakshya Sen's absence was as a significant factor. HS Prannoy, Ayush Shetty and Kidambi Srikanth all lost their matches. France advanced to the final, becoming the second European nation to do so.

3 May 2026 7:02 am
Kentucky Derby 2026 viral video: Watch emotions run high as 'Run for the Roses' at Churchill Downs becomes 'the most exciting two minutes in sports'

Kentucky Derby 2026 video: Golden Tempo stormed from the very back of the pack to triumph in the 152nd Kentucky Derby at Churchill Downs on Saturday.

3 May 2026 6:30 am
Great White Kentucky derby 2026 horse video: What happened to Great White? Why did Great White scratch?

Kentucky derby 2026: Great White was going to be the biggest horse in the field at roughly 1,370 pounds.

3 May 2026 6:07 am
Kentucky derby 2026 results, winners, pay out purse: All about golden tempo horse who won at Churchill Downs as woman trainer Cherie DeVaux creates history

Kentucky derby 2026 pay out: Golden Tempo gets whopping $3.1 million purse, Renegade receives a $1 million purse, Ocelli gets $500,000. Fourth place secures $250,000, and fifth place was awarded $150,000.

3 May 2026 5:27 am
Rajasthan Royals' $1.63 billion buyout delayed on funding, legal hurdles

The proposed $1.63 billion buyout of IPL franchise Rajasthan Royals has been delayed due to funding challenges, regulatory concerns and complexities within the investor consortium led by Kal Somani. The group, which includes global investors, is still working to secure capital and resolve due diligence issues, while questions raised by Board of Control for Cricket in India over past transactions have added to the uncertainty.

3 May 2026 5:00 am
Forced off court by injury, Carlos Alcaraz will confront doubt and despair as Tennis carries on without him

Carlos Alcaraz, the world's top tennis player, faces a significant setback due to a wrist injury, forcing him to withdraw from key tournaments including Roland Garros. This unexpected absence shifts the focus to his mental fortitude as he navigates recovery and the competitive landscape from the sidelines.

3 May 2026 12:28 am
Women T20 World Cup: In search of maiden title, India show trust in familiar core

India's T20 World Cup squad, led by Harmanpreet Kaur, features a strong batting lineup and slow bowlers, aiming to improve on past performances. Despite recent struggles against South Africa, the team has gained valuable learnings. Key allrounders Amanjot Kaur and Kashvee Gautam are unavailable due to injuries, impacting bowling options.

3 May 2026 12:22 am
Centre allows 100% FDI in insurance via auto route

Foreign investment in this sector shall be subject to compliance with the provisions of the Insurance Act, 1938(4 of 1938), and the condition that companies receiving FDI shall obtain necessary licence or approval from the Insurance Regulatory and Development Authority of India to undertake insurance and related activities, the notification stated.

3 May 2026 12:16 am
Om Birla rejigs 4 House panels for 2026-27; most chiefs stay on

Lok Sabha Speaker Om Birla has reconstituted four key financial and department-related parliamentary committees. These committees will serve for the 2026-27 financial year. Several prominent leaders have retained their chairpersonships. Faggan Singh Kulaste heads the Committee on the Welfare of Scheduled Castes and Scheduled Tribes. Baijayant Jay Panda chairs the Committee on Public Undertakings.

2 May 2026 11:41 pm
Chief Minister Lalduhoma attends Mizoram Rural Bank Branch Managers Conclave 2026

Mizoram Rural Bank is recognized as one of India's most progressive Regional Rural Banks. The bank achieved a remarkable Credit-Deposit Ratio of 63.28 percent. Its total business turnover reached over 10,600 crore rupees. Mizoram Rural Bank also leads in digital transactions in Northeast India. The Chief Minister lauded its contribution to state development.

2 May 2026 11:38 pm
IPL 2026: CSK beat Mumbai Indians by 8 wickets to boost playoff prospects

Chennai Super Kings' disciplined bowling restricted Mumbai Indians to 159/7. Despite a strong start, MI lost momentum in the latter half, with Naman Dhir's 57 being a lone highlight. CSK bowlers, led by Anshul Kamboj's three wickets, effectively contained MI's scoring in the death overs.

2 May 2026 11:32 pm
Tamil Nadu election results 2026: Vijay emerges as the ultimate X-factor

Tamil superstar Vijay's political path is unclear after his party's election debut. He opposes the DMK and ideologically the BJP. His next move is highly anticipated. Past clashes with the BJP over his religion and film releases add complexity. Recent career decisions may keep his options open for future political scenarios.

2 May 2026 11:00 pm
Prashant Veer: All about CSKs 14 crore buy who replaced Akeal Hosein against MI today

CSK secured uncapped all-rounder Prashant Veer for 14.2 crore, a significant leap from his 30 lakh base price. Veer's impressive domestic T20 record, including left-arm spin and lower-order batting, positions him as a potential long-term successor to Ravindra Jadeja, highlighting franchises' willingness to invest in emerging talent.

2 May 2026 8:19 pm
Dhoni to play IPL CSK vs MI clash today? Here's a big update on former skipper's return

Former India spinner Ravichandran Ashwin has expressed doubt over MS Dhoni's return for Chennai Super Kings' IPL 2026 clash against Mumbai Indians. Ashwin believes Dhoni is unlikely to play, and also suggested Rohit Sharma might be sidelined due to injury. The article highlights the crucial must-win nature of this encounter for both struggling franchises.

2 May 2026 6:47 pm
India select Yastika Bhatia, uncapped Nandini Sharma for women's T20 WC; Pratika, Amanjot miss out

India has included uncapped pacer Nandini Sharma and wicketkeeper-batter Yastika Bhatia in its 15-member squad for the Womens T20 World Cup starting June 12 in England and Wales.

2 May 2026 5:52 pm
India notifies 100% foreign investment in insurance sector, LIC limit stays at 20%

The central government has notified 100% Foreign Direct Investment (FDI) in insurance companies under the automatic route, allowing foreign investors to fully invest in the sector without prior approvals, according to a report by ET Now citing agencies.

2 May 2026 4:37 pm
BSE Odisha 10th Toppers List 2026: Check pass percentage, steps to download your scorecard from bseodisha.ac.in

BSE Odisha 10th Toppers: Odisha Class 10 results for 2026 are set to be announced today, May 2, at 4 pm, with scorecards accessible from 6 pm. The Board of Secondary Education Odisha will release detailed statistics instead of an individual toppers list. Last year's overall pass percentage was 94.93%, with girls achieving a higher pass rate than boys.

2 May 2026 4:06 pm
We hear Indian athletes running away when there's doping control: International Testing Agency head

The International Testing Agency (ITA) has raised concerns about doping in India. Athletes are reportedly receiving advance notice of tests and avoiding controls. The ITA suggests India needs significant governance and structural reforms to be considered for hosting the 2036 Olympic Games. Officials are working with Indian anti-doping bodies to address these issues.

2 May 2026 3:52 pm
Kerala Lottery Karunya KR-752 result out today (02-05-2026); Rs 1 crore prize winning number and full list here

The Karunya KR-752 lottery results are released today at 3 PM, offering participants a chance to win prizes ranging from a 1 crore jackpot to smaller amounts. Ticket holders can check their numbers for the draw, which features multiple prize tiers. The Kerala State Lotteries Department ensures transparency in the announcement and claiming process.

2 May 2026 2:29 pm
22k gold rate today: Check 24k, 22k, 18k gold prices (May 2, 2026) in New Delhi, Mumbai, Chennai and other cities

Gold prices saw fluctuations on May 2, 2026, influenced by global uncertainties and inflation concerns. Leading jewelers like Tanishq, Joyalukkas, Kalyan Jewellers, and Malabar Gold & Diamonds reported varying 22k gold rates. The IBJA provided indicative rates as of April 30 due to market closures.

2 May 2026 1:39 pm
Pay full Bengaluru property tax by May 31, 2026 and get 5% rebate as due date gets extended

Bengaluru property owners can now avail a 5% rebate on property tax by paying in full by May 31, 2026, as the deadline has been extended. Additionally, the Greater Bengaluru Authority has enabled online e-Khata downloads using SAS Property Tax ID, simplifying the process for citizens.

2 May 2026 1:11 pm
Why 2026 Kerala polls are crucial test for Congress-led United Democratic Front after Left front's decade in power

Kerala Exit Poll 2026: Exit polls suggest the Congress-led UDF could unseat Kerala's ruling LDF after a decade in opposition, with projections indicating a close contest. Key issues influencing the vote include anti-incumbency, economic anxieties, and the Sabarimala dispute, while both fronts promise extensive welfare measures.

2 May 2026 12:54 pm