In a major development, United Spirits Ltd ( USL) has announced full divestiture of its stake in Royal Challengers Sports Pvt Ltd ((RCSPL) to a consortium comprising Aditya Birla Group, The Times of India Group , Bolt Ventures and Blackstone’s perpetual private equity strategy, BXPE for ₹16, 660 crore. RCSPL owns and operates Royal Challengers […]