Reliance Industries Limited, owners of Mumbai Indians, acquired a 49% stake in London’s Oval Invincibles for around £61 million. The move positions MI as influential in English cricket governance. The highest anticipated bid is for The London Spirit franchise,

The Ambani family, which also own the Mumbai Indians franchise in IPL, will take a 49% holding in Oval Invincibles, according to a person familiar with the matter.

Mumbai Indians won a fiercely contested e-auction, fending off competition from a Silicon Valley tech consortium, comprising the chief executives of Google, Microsoft, and Adobe as well Gujarat Titans owners CVC.

India's richest family has clinched a landmark deal to buy a 49% stake in the Oval Invincibles in a deal that will unite the London-based team with the ownership of the Indian Premier League's Mumbai Indians.

Mumbai Indians owners bag 49% stake in Oval Invincibles Reliance Industries Limited (RIL), the owners of the franchise in the Indian Premier League (IPL), have successfully acquired a 49 percent stake in the Oval Invincibles,

Mukesh Ambani’s Reliance Industries (RIL) has acquired a 49% stake in the ECB's The Hundred team, Oval Invincibles, for £60.27 million, valuing the team at £123 million. The deal, finalised through a virtual auction,