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Ambani, Mallya, SRK win IPL bids

January 25, 2008

The high-profile Indian Premier League on Thursday received overwhelming response as India's top industrialists Mukesh Ambani and Vijay Mallya, and film stars Shah Rukh Khan and Preity Zinta won bids to own teams in the Twenty20 venture.

After much suspense, Board of Control for Cricket in India vice-president and?IPL governing council chairman Lalit Modi named the winning bidders, who shelled out staggering amounts to become owners of the Mumbai-based teams.

Reliance Industries chief Mukesh Ambani pipped Vijay Mallya in the bid for the Mumbai team, for US $111.9 million.

The liquor baron, however, won the bid for the Bangalore team, for US $111.6 million.

Actor Shah Rukh Khan, joining hands with Juhi Chawla and Jay Mehta, won the bid for the Kolkata team, for US $75.09 million.

Fellow-actor Preity Zinta and her boy friend Ness Wadia won the bid for the Mohali team, for US $76 million.

Video courtesy: ANI

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