The owners of Royal Challengers Sports Pvt Ltd (RCSPL), United Spirits Ltd (USL), has said it would conduct a strategic review of its investment in the entity that owns IPL T20 team Royal Challengers Bengaluru. USL, part of multinational alcoholic beverages company Diageo, in a disclosure to the exchanges said it is “initiating a strategic review of the investment in its wholly-owned subsidiary, RCSPL.” RCSPL’s business comprises ownership of the ‘Royal Challengers Bengaluru (RCB)’ franchise teams that participate in the Men’s Indian Premier League (IPL) and Women’s Premier League (WPL) cricket tournaments hosted by the Board of Control for Cricket in India (BCCI) annually.

RBL Bank on Wednesday said an open offer by Emirates NBD Bank will commence from December 12 to acquire up to 26

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