Saudi Prince Mohammed bin Salman, IPL Plan to invest in series.

Saudi Crown Prince Mohammed bin Salman's advisers are in talks with Indian government officials to turn the Indian Premier League (IPL) into a $30 billion holding company.

Saudi Prince Mohammed bin Salman,

IPL is the richest cricket league in the world and its value has been rising in recent years. In 2022, IPL's media rights were sold for $6.2 billion for five years.

Saudi Arabia is reportedly keen to invest $5 billion in the IPL, which would also help expand the league to other countries.

Talks between Saudi Arabia and India are still at an early stage and it is not clear when an agreement will be reached. However, if the deal goes through, it will be a major coup for both the IPL and Saudi Arabia.

The IPL is already one of the most popular sporting events in the world and Saudi investment will help it grow further. For Saudi Arabia, investing in the IPL is a way to boost its soft power and image abroad.

It is worth noting that the Indian government has not yet officially commented on the talks and the deal may be scrapped. However, all the talks are a sign of growing interest in the IPL among global investors.

According to the negotiations held at that time, Saudi Arabia expressed interest to invest 5 billion dollars i.e. Rs. 41,500 crores in the IPL league like the English Premier League or the European Champions League. It is said that this will help in expanding these competitions to other countries as well.

The BCCI is also expected to invite the proposal next year as the Saudis are keen to apply the necessary pressure to implement the IPL investment deal.

Comments

At one time, the tax rate in India was 97.50

Many feel that foreign countries tax the rich very heavily and India does not. But did you know that at one time India had to pay 97.50 percent of income tax? Indira Gandhi What is the historical tax rate in India Debates such as distribution of wealth and introduction of inheritance tax have arisen and are currently being discussed in a frenzy. But, in our country, 50 years ago, maximum tax was collected up to 97.50 percent. There was such a period in India. During Indira Gandhi's tenure as Prime Minister, income tax in India was as high as 97.50 percent. However, this collection came to an end shortly after. Indira Gandhi saw taxation as an important mechanism to balance income and wealth. Based on this, in February 1970, he presented the budget in Parliament and addressed it. Social welfare was the theme of the budget. Since the green revolution was taking place, various announcements related to the agriculture sector were included in the budget. A huge sum...

Emmvee Photovoltaic Power Share Price Target 2030: Is It a Buy?

The renewable energy sector, particularly the solar energy segment, is growing rapidly. If you are looking for long-term growth opportunities in this sector, 'Emmvee Photovoltaic Power' is a company that warrants your attention. Based on recent market studies and financial reports, we outline the company's key operational metrics here and analyze why market analysts recommend it as an excellent long-term investment. Emmvee Photovoltaic Power: Key Stock and Market Metrics As of July 16, 2026, the company’s stock boasts strong fundamentals, supported by robust operating profit margins and excellent capital utilization. Metric | Details / Statistics Current Share Price (as of 16.07.2026): ₹365.35 Market Capitalization: ₹24,696 Crore Analyst Recommendation: Buy Recommended Investment Horizon: 5 years Expected Target Price (by 2030): ₹628.00 A Detailed Look at Financial and Valuation Ratios To understand why analysts are confident that Emmvee Photovoltaic Power will reach a targ...

What is the future prediction of Vedanta share in 2026?

To enable investors to choose sectors that align with their preferences, the Vedanta Group has demerged into four separate entities, which were listed on the stock exchange the day before yesterday. What is the outlook for the four newly listed Vedanta entities over the next six months? Stock market expert Reji Thomas shares his insights regarding their performance and the outlook for the next 3–6 months. Vedanta Aluminium Metal Price: 471 Operations: India’s leading integrated aluminium producer, covering the entire value chain—from bauxite mining and refining to the manufacture of products for sectors such as construction, automotive, power, and packaging. Business Outlook: Driven by large-scale infrastructure, low production costs, and steady demand, this is considered the strongest business among Vedanta's four new entities. Next 3–6 Months: Revenue and market valuation are expected to rise in the coming quarters, supported by international price stability and strong domesti...

22k jewelers

Search This Blog