Cricket in India has yet again attracted top dollar, this time for the Indian Premier League (IPL). In the process, BCCI has ensured that Mukesh Ambani will lock horns with Vijay Mallya while Shah Rukh Khan will face off against Preity Zinta as their teams take to the field.

The Reliance Industries chairman has acquired the Mumbai franchise in IPL for $111.9 million over a 10-year period while the flamboyant chairman of UB Group has won the Bengaluru franchise for $111.6 million. Both Mr Ambani and Mr Mallya had bid more than twice the floor price of $50 million per franchise set by the board. SRK’s Red Chillies Entertainment won the Kolkata franchise for $75 million.