Summary
Karnataka Deputy Chief Minister DK Shivakumar dismissed speculation about his involvement in purchasing the Royal Challengers Bengaluru (RCB) franchise, stating, “I don’t even drink Royal Challenge.” Diageo India, the owner of RCB, also refuted rumors of a potential sale, labeling them as speculative in a statement to the Bombay Stock Exchange. Despite the official denial, there are murmurs of RCB’s valuation being around USD 2 billion, with industry insiders suggesting that the sale remains a possibility, though no final decision has been made.
