Earnings
Five IPL Teams Enter Hurun India 500 as Valuations Soar.
The latest Hurun India 500 list has spotlighted the growing financial muscle of Indian Premier League (IPL) franchises. Five IPL teams have made it to this prestigious ranking, showcasing cricket's evolution into a significant business sector. Kolkata Knight Riders (KKR) leads the pack among these sporting giants, with franchises like Chennai Super Kings (CSK), Royal Challengers Bengaluru (RCB), Rajasthan Royals, and Punjab Kings also featuring prominently. Collectively, these five IPL teams boast a valuation crossing ₹71,000 crore, as per the Hurun report. This surge in franchise valuation underscores the robust business growth within cricket and highlights how sports entities are increasingly recognised as powerful business assets in the Indian market. This insight from Lumic explores the financial impact and business valuation of these leading sports franchises.
More in Earnings
Global markets
South Korean Pension Fund Seeks India Government Bond Investment Licence
- South Korea’s $1.3 trillion NPS seeks a licence to invest in Indian government bonds
- India’s 10-year government bond yield is near 7%, drawing global institutional interest
- Foreign investors hold about ₹4 trillion in Indian bonds, while pension funds hold little
Earnings
India Becomes Asia's 4th-Largest REIT Market as Value Surges 62%
- India's REIT market value rose 62% to $17.7 billion, overtaking Hong Kong in Asia.
- New REIT listings added 53.7 million sq ft, driving portfolio scale and market depth
- Six listed REITs held 178 million sq ft, with 36.7 million sq ft under development.