A team of Gujarat Titans purchased for Torrent Group Rs 7800 crore

There are big news related to the Gujarat Titans team. Ahmedabad's Torrent Group has bought a 67 percent stake in IPL franchise Gujarat Titans.

This controlled equity Torrent Holding Company Torrent Investments Private Limited (TIPL) has been purchased. It has been acquired from the Erelia Company Private Limited. According to the report, the deal was done for Rs 7800 crore.

We are excited to open new roads

Irelia will retain 33 percent of it. Jinel Mehta, director of Torrent Group, said, “We are proud to welcome Titans and millions of enthusiastic fans in the Torrent Group.” The popularity of sports in India is increasing. By getting a majority stake in Gujarat Titans, we are excited to increase the experience of fans and open new ways of growing in the coming years.

This is a market cap

Annual income of Torrent Group. 41,000 crores. Its total market cap is about 2 lakh crore rupees. The group has a strong presence in areas such as pharmaceuticals, power generation, transmission and distribution and city gas distribution (CGD). In addition, the Torrent Group is also planning to enter the field of electrical and diagnostics in the coming days.

IPL will start from this date

The 18th season of the IPL will be played from 21 March to 25 May. The first match can be played between defending champions Kolkata Knight Riders and Sunrisers Hyderabad. Its complete schedule can be declared by next week. The League, which began in 2008, creates a new record every year. The next season of this league, which will last for about 2 months, will be played from 21 March to 25 May. The first match of the IPL will be played on 21 March.