RCB on sale? Diageo reportedly exploring stake sale after franchise's IPL 2025 triumph, $2 billion v – Vartha Bharati

Bengaluru: Days after Royal Challengers Bengaluru (RCB) clinched their maiden Indian Premier League (IPL) title, their current owner, Diageo Plc, is reportedly considering selling the franchise, according to a report by The Economic Times.
Sources familiar with the matter have said that Diageo, which owns RCB through its Indian subsidiary United Spirits Ltd, has begun consulting potential advisers to evaluate strategic options. These range from a partial stake sale to a full divestment. While no final decision has been made, the company is believed to be seeking a valuation of up to $2 billion for the popular franchise.
This development comes amid a broader regulatory crackdown by India’s health ministry on the indirect promotion of alcohol and tobacco brands in sports, particularly in the IPL. Diageo is reportedly reassessing its non-core assets as part of a strategic review, especially as its premium liquor business faces pressure in key markets such as the United States.
RCB was initially purchased by Vijay Mallya, then a prominent liquor baron and owner of Kingfisher Airlines. Following the collapse of Mallya’s business empire, Diageo took control of United Spirits and, subsequently, the RCB franchise.
Despite being one of the most followed teams in the IPL, thanks to stars like Virat Kohli, AB de Villiers, and Faf du Plessis, RCB had long struggled to win a title, until their recent 2025 victory.
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Mangaluru: The Dakshina Kannada District Railway Users Forum has launched a petition campaign demanding the restoration of the Mangaluru Central–Shri Mata Vaishno Devi Katra Navyug Express (Train No. 16687/88), the only direct train linking Mangaluru to Jammu & Kashmir. The train service, which was suspended during the COVID-19 pandemic, has not been reinstated, leaving lakhs of passengers from Coastal Karnataka and other parts of South India without direct rail access to North India.
The Forum has urged the Indian Railways to restart the service with a new route via Hassan, Hubballi, Belagavi, Miraj, and Pune. They argue this will significantly benefit students, pilgrims, defence personnel, traders, and the general public.
Earlier, Navyug Express functioned as a slip coach service, with 12 coaches originating from Mangaluru that joined another rake from Tirunelveli to form the complete train. However, post-COVID, only the Tirunelveli-Katra section was retained, and the Mangaluru-originating portion was discontinued. The Railways claimed the Mangaluru leg was merely a “slip” and dropped it altogether—an explanation that the Forum has condemned as unfair.

Anil Hegde, president of the Railway Users Forum, said, “The Navyug Express previously ran through Kerala, which increased travel time. Diverting it via Hassan and Arsikere will be more efficient. Moreover, with the cancellation of the Mangaluru–Miraj Mahalakshmi Express, there is a connectivity gap that the Navyug Express can fill.”
He added that this revised route would also provide long-awaited direct connectivity for pilgrims visiting religious sites like Subrahmanya and Dharmasthala. “Many devotees travel from North India to these sites, but there is currently no direct train service. This train will also serve the large North Indian workforce residing in Puttur, Subrahmanya, and Bantwal,” Hegde explained.
Additionally, the proposal seeks to offer an alternative link to Pune and Delhi from Mangaluru, thereby improving regional rail accessibility. Hegde pointed out that while trains like the Ernakulam–Pune Poorna Express and Ernakulam–Pune Express take different routes, the Navyug Express, if restored via the proposed alignment, would benefit passengers in Hassan, Arsikere, and Puttur en route to Pune.
Separate railway division
The Forum president further emphasized the need to upgrade Mangaluru into an independent railway division. “Mangaluru has the infrastructure and passenger traffic to justify division status. If implemented, it would resolve several long-pending local issues, including language barriers with Malayalam-speaking staff at local stations,” Hegde said.
While acknowledging recent improvements at Mangaluru railway stations, he called for more services connecting Mangaluru to other regions of Karnataka and the rest of India.
Hegde also stated that there have been a lot of developments in Mangaluru stations, however he demanded that more services should start between Mangaluru and the rest parts of Karnataka. He proposed that new trains be introduced on the Mangaluru–Ahmedabad, Mangaluru–Delhi, and Mangaluru–Bandra Terminus routes.
The Forum has appealed to the public to support their petition, which can be signed online at: https://chng.it/ZHyVGkdqFs.
A vital link between Coastal Karnataka and North India Tr No. 16687/88 Mangaluru Central–Shri Mata Vaishno Devi Katra Navyug Express was unfairly cancelled.
This prestigious long-distance train connected our region to Jammu & Kashmir. We now demand its immediate revival via… pic.twitter.com/wsxBhcWpuy
Congress MP Shashi Tharoor, who led a multi-party delegation to the US and four other countries to convey India’s stand following Operation Sindoor, on Tuesday said his delegation had “good results” everywhere with “very high-quality meetings” and there was a complete understanding for the Indian position.
The Congress on Tuesday said it has decided to hold caste re-enumeration in Karnataka to address concerns of some communities who complained of being left out of the survey that was conducted 10 years ago.
Karnataka Chief Minister Siddaramaiah and Deputy Chief Minister DK Shivakumar on Tuesday met Congress leaders Mallikarjun Kharge and Rahul Gandhi here to discuss the June 4 stampede incident in Bengaluru that left 11 people dead.
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