All posts tagged: Consortium

Aditya Birla Group-led consortium acquires Royal Challengers Bengaluru for USD 1.78 billion

Aditya Birla Group-led consortium acquires Royal Challengers Bengaluru for USD 1.78 billion

Published by Webster

2 min readBengaluruMar 24, 2026 10:35 PM IST A consortium led by the Aditya Birla Group (ABG) emerged as the lead bidder to acquire the Indian Premier League (IPL) franchise Royal Challengers Bengaluru (RCB) for a whopping USD 1.78 billion (approximately Rs 16,706 crore). Other parties involved in the group are Blackstone, an equity firm of which Viral Patel is the CEO, Bolt Ventures, owned by American investor David Blitzer, and media conglomerate Times of India. “Aditya Birla Group (“ABG”), The Times of India Group (“Times”), Bolt Ventures (“Bolt”), and Blackstone’s perpetual private equity strategy, BXPE (“Blackstone”) have signed a definitive agreement to acquire 100% of Royal Challengers Bengaluru (“RCB”), encompassing both the men’s Indian Premier League franchise and the Women’s Premier League franchise, from United Spirits Limited (“USL”), a subsidiary of Diageo plc. The transaction values the franchise at INR 166.6 billion (approximately US$1.78 billion),” confirmed the development by the new consortium on Tuesday. The consortium bought a 100 per cent stake in RCB from United Spirits Limited (USL), the Bengaluru-based franchise’s previous owners. …

ISL clubs told to submit proposal regarding consortium | Football News

ISL clubs told to submit proposal regarding consortium | Football News

Published by Webster

The Indian Super League (ISL) clubs were on Thursday asked to submit a proposal with regards to formation of a consortium to run the league, the 2025-26 season of which is yet to start. Representatives of all ISL clubs have been invited to attend the upcoming Annual General Meeting (AGM) of the AIFF on Saturday, on the sidelines of which the matter will be discussed. “Regarding the consortium thing, the clubs have been told to submit to the ministry their proposal so that it can be discussed during the Dec 20 AGM. But there is no guarantee,” a club representative told PTI. The matter was also discussed during a virtual meeting between officials of the AIFF, representatives of the ISL clubs and the sports ministry on Thursday. The clubs have been asked to submit the proposal by Friday evening. The AIFF has also told the clubs that according to the new constitution any amendment of its provision can be done only after the General Body of the national federation is formed according to the new …

SC pulls up NLU consortium over errors in CLAT 2025; seeks government’s response | Latest News India

SC pulls up NLU consortium over errors in CLAT 2025; seeks government’s response | Latest News India

Published by Parlour News

The Supreme Court on Wednesday pulled up the consortium of National Law Universities (NLUs) for setting up questions for the national Common Law Admission Test-Undergraduate (CLAT-UG) 2025 in the most “casual” manner as it directed changes in the marking pattern of six questions. The bench noted that in some questions, the answer key issued by the consortium was contrary to past SC judgments. (File photo) The court also sought the Centre’s response to have a permanent mechanism for conducting the examination similar to NEET and other combined entrance tests in the interest of students. The bench headed by justice Bhushan R Gavai and comprising of justice Augustine George Masih, said, “At the outset, we must express our anguish at the casual manner in which the consortium has been framing the questions for CLAT exam which involves careers and aspirations of lakhs of students in the country.” The bench noted that in some questions, the answer key issued by the consortium was contrary to past Supreme Court judgments and in one question, the answer required students …

CLAT result 2025 released at consortiumofnlus.ac.in; check steps to download and other details here

CLAT result 2025 released at consortiumofnlus.ac.in; check steps to download and other details here

Published by Parlour News

CLAT result 2025: The result of Common Law Admission Test (CLAT) 2025 has been released by the Consortium of National Law Universities. Candidates who appeared for the exam can download their scorecards from the official website at consortiumofnlus.ac.in. How to download CLAT result 2025? Follow the below mentioned steps to access the scorecards Disclaimer: We do not own any of the content, ideas, images, or text presented here. All rights belong to their respective owners. For more information and to view the original source, please visit the following link: Source link

40 Life Sciences firms with GCCs in Hyderabad to work as a consortium, shape industry ready talent

40 Life Sciences firms with GCCs in Hyderabad to work as a consortium, shape industry ready talent

Published by Parlour News

The logo of a consortium of Life Sciences firms with GCCs in Hyderabad, was launched by Telangana IT and Industries Minister G. Sridhar Babu at the AI in Healthcare Summit held in Hyderabad on Monday (November 18, 2024). | Photo Credit: By Arrangement Forty Life Sciences firms with global capability centres (GCCs) in Hyderabad have agreed to work as a consortium on a suggestion of Telangana government for helping create a pipeline of industry ready candidates. Agenda The Life Sciences GCC consortium has been formed to enable dialogue to ensure healthy competition, contribute to shaping curriculum of core science courses where there is an overlap of technology as well as train and onboard industry ready candidates, Industries and IT Minister D.Sridhar Babu said. This follows the State government’s appeal to the GCCs to consider forming a consortium on the lines of one such facilities of Banking, Financial Services and Insurance (BFSI) industry in Hyderabad had set up, the Minister told media on the sidelines of AI in Healthcare Summit in Hyderabad on Monday (November …

Boney Kapoor’s consortium outbids Akshay Kumar’s to build 230-acre film city in Noida with cinema museum, university | Bollywood

Published by Webster

A consortium led by film producer Boney Kapoor has outbid others led by actor Akshay Kumar and producer Bhushan Kumar to build the Noida Film City, spread across 230 acres alongside the Yamuna Expressway. As per a Times of India report, the film city will consist of a film university, a cinema museum, and a helipad, among other facilities. It’s located just 6 km away from the upcoming Noida International Airport. (Also Read: Akshay Kumar one of the final four bidders for development of Noida Film City. T-Series, Boney Kapoor also competing) Boney Kapoor outbids Akshay Kumar to build Noida Film City The final 4 bidders Super Cassettes Industries Private Limited (T-Series), Supersonic Technobuild Private Limited (Dinesh Vijan’s Maddock Films, Akshay Kumar’s Cape of Good Films LLP, and others), Bayview Projects LLP (backed by Boney Kapoor, real estate company Bhutani Group, and Noida Cyber Park), and 4 Lions Films Private Limited (backed by filmmaker KC Bokadia and others) made their presentations in June for the greenfield project to the officials of the Uttar Pradesh government.  …

NIST Establishes AI Safety Consortium

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Image: Adobe/Grandbrothers The National Institute of Standards and Technology established the AI Safety Institute on Feb. 7 to determine guidelines and standards for AI measurement and policy. U.S. AI companies and companies that do business in the U.S. will be affected by those guidelines and standards and may have the opportunity to have input about them. What is the U.S. AI Safety Institute consortium? The U.S. AI Safety Institute is a joint public and private sector research group and data-sharing space for “AI creators and users, academics, government and industry researchers, and civil society organizations,” according to NIST. Organizations could apply to become members between Nov. 2, 2023 and Jan. 15, 2024. Out of more than 600 interested organizations, NIST chose 200 companies and organizations to become members. Participating organizations include Apple, Anthropic, Cisco, Hewlett Packard Enterprise, Hugging Face, Microsoft, Meta, NVIDIA, OpenAI, Salesforce and other companies, academic institutions and research organizations. Those members will work on projects including: Developing new guidelines, tools, methods, protocols and best practices to contribute to industry standards for developing …