Categories: Business

A franchise in UAE based T20 League bought by Adani Group

Adani Sportsline, a division of the diverse Adani Group, has created history by gaining the rights to own and manage a franchise in the UAE’s top T20 competition. The UAE T20 League, which is licenced by the Emirates Cricket Board, is an annual event that will include six franchise teams participating in a 34-match tournament. The line-ups of various teams are likely to include top players from all cricket-playing countries. The league would provide future young cricketers a platform and exposure.

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Key Points:

  • It will be Adani Sportsline’s first significant international step, connecting and engaging with cricket fans from around the world.
  • The Adani Group, which includes port management, electric power production and transmission, renewable energy, mining, airport operations, natural gas, food processing, and infrastructure, promotes Adani Sportsline.
  • With operations in 70 sites in 50 countries and a market capitalization of over $222 billion, the company generates yearly revenues of over $20 billion.

Important Takeaways for All Competitive Exams: 

  • Adani Group Founder: Gautam Adani

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