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The New Indian Express Tirupati
|March 22, 2025
As the moneyed T20 league turns 18, Swaroop Swaminathan takes the microscope to understand why a franchise's profitability potentially has little to do with on-field success.
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In the first 17 editions of the Indian Premier League (IPL), Chennai Super Kings (five), Mumbai Indians (five), and Kolkata Knight Riders (3) have taken home the crown 13 times between them. Royal Challengers Bengaluru, one of the founding eight, have underachieved. Even if they reached the final three times, they have ended up on the losing side on all of those occasions.
But, from a commercial standpoint, their lack of a trophy cabinet hasn't mattered. According to the IPL valuation report put out by Houlihan Lokey (a leading global investment bank) in 2024, the franchise's valuation was pegged at $227mn. In 2023, they finished outside the playoffs but in the one year between 2023 and 2024, their valuation jumped 16.4%.
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The New Indian Express Tirupati
K-point in India, Canada NSA talks
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The New Indian Express Tirupati
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The New Indian Express Tirupati
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The New Indian Express Tirupati
Zubeen Garg of ‘Ya Ali’ fame dies in Singapore scuba diving accident
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1 min
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The New Indian Express Tirupati
CM roots for ‘One State-One Water’ concept to combat drought in State
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1 min
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The New Indian Express Tirupati
Sebi clean chit to Adani on Hindenburg allegations
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1 min
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The New Indian Express Tirupati
India weighs Pak-Saudi def pact
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2 mins
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The New Indian Express Tirupati
TTD fully geared up for Brahmotsavams rush
THE Tirumala Tirupati Devasthanams (TTD) has been fully prepared for the nine-day annual Brahmotsavams as lakhs of pilgrims are expected to visit Tirumala, TTD Chairman BR Naidu said.
1 min
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The New Indian Express Tirupati
Liquor case: ED conducts searches at 20 places
THE Enforcement Directorate (ED) on Thursday conducted searches at 20 locations in Andhra Pradesh, Telangana, Tamil Nadu, Karnataka and Delhi as part of its money laundering probe into the alleged multi-crore liquor scam.
1 min
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The New Indian Express Tirupati
Assembly backs GST 2.0 despite ₹8,000 crore revenue loss for AP
DESPITE an estimated %8,000 crore revenue loss for Andhra Pradesh, Chief Minister N Chandrababu Naidu has supported second-generation GST reforms, prioritising public welfare over immediate fiscal gains.
1 mins
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