Delhi Capitals owners stake in IPL, net worth and ₹100 crore donation to PM's Relief Fund

In wake of coronavirus crisis across India, owners of a popular Indian Premier League (IPL) franchise Delhi Capitals recently pledged to donate a significant sum to Prime Minister's Relief Fund. Delhi Capitals is one of most popular IPL franchises and has been kwn for grooming young Indian cricketing talents like Rishabh Pant, Shreyas Iyer and Prithvi Shaw. team is co-owned by GMR Group and JSW Group while director of JSW Sports, Parth Jindal, is chairman of franchise.

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Delhi Capitals owners stake

Delhi Capitals is co-owned by an infrastructural company GMR Group and an Indian business conglomerate JSW Group. two business ventures share a 50% stake in franchise. It was JSW Sports that purchased 50% stake of Delhi Capitals from GMR Group in 2018 for a reported amount of ₹550 crore. JSW Group is worth $14 billion (₹100,000 crore) as of 2015.

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Donation to Prime Minister's Relief Fund

On March 29, Delhi Capitals Chairman Parth Jindal took to Twitter and anunced that JSW Group will be donating ₹100 crore to Prime Minister's Relief Fund. In a media statement made by company, JSW Group said that each of ir employees are committed to donating a minimum of a single day’s salary to fight against nationwide crisis caused by highly-contagious coronavirus. JSW Group Chairman Sajjan Jindal recently said that with Prime Minister's Relief Fund, y are dedicated in aiding Indian government to deal against coronavirus.

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IPL postponed

Coming to IPL postponed news, upcoming edition was recently delayed by Board of Control for Cricket in India (BCCI). Delhi Capitals were originally slated to open ir IPL 2020 campaign against Kings XI Punjab on March 30. However, IPL 2020 is expected to face furr delays going ahead.

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Disclaimer: above information is sourced from various websites and media reports. website does t guarantee a 100% accuracy of figures.

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