Mukesh Ambani’s RIL acquires 49% stake in Oval Invincibles for £60.27 million

Mukesh Ambani's Reliance Industries Limited has acquired a 49% stake in the ECB's The Hundred team, Oval Invincibles, for £60.27 million, fending off competition from notable names. Reliance already owns multiple cricket franchises globally. The buying process for other team stakes continues amid some financial projection concerns by prospective buyers, but interest remains high.