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  • Kal Somani has taken full ownership of IPL’s Rajasthan Royals, valuing the Jaipur franchise at about $1.6–1.63B. Beating The Times Group, Somani, formerly a minority holder, now leads a consortium backed by Walmart-linked investors and US business families, acquiring 100%.
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First Published: Sep 17 2025 | 6:06 PM IST

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