“I am delighted to announce TataGroup as the inaugural Women’s Premier League title sponsor. With their support, we are confident that we can take women’s cricket to the next level,” tweeted Jay Shah, secretary of the Board of Control for Cricket in India (BCCI).

BCCI sources confirmed to Sportstar that the Tata Group, which also sponsors the men’s Indian Premier League, has acquired the WPL rights for five years. The Indian multinational conglomerate replaced Vivo as the IPL’s title sponsor last year.

Getting the Tata Group on board as the title sponsor is a huge deal for the WPL, which will be played at two venues in Mumbai – the Brabourne Stadium and the DY Patil Stadium – although the value of the deal is not yet known.

I am delighted to announce the #TataGroup as the title sponsor of the inaugural #WPL. With their support, we're confident that we can take women's cricket to the next level. @BCCI @BCCIWomen @wplt20 pic.twitter.com/L05vXeDx1j

— Jay Shah (@JayShah) February 21, 2023

After selling media rights to Viacom18 for a staggering Rs 951 crore, the BCCI was able to sell five teams to prominent business groups for Rs 4,670 crore.

Also read this:Nida Dar of Pakistan becomes the highest wicket-taker in women’s T20Is

The auctions for the league, which will consist of 22 games for the first three years, were held in Mumbai earlier this month and drew a great deal of interest from players and media outlets. Indian opener Smriti Mandhana was the most expensive auction purchase at Rs 3.40 crore.

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India Top Business Group: Adani Group may have made investors money in 2022 at a fast pace, but the country’s oldest and veteran industrial group Tata Group has been the country’s largest group in terms of market capitalization. The market capitalization of Tata Group’s listed companies in the stock market has been Rs 21.2 lakh crore. While Adani Group has been in second place and its market cap in 2022 has been Rs 19.66 lakh crore.

Adani Group has managed to become the second largest group in 2022 leaving behind Reliance Industries. In 2022, there was an increase of Rs 9.62 lakh crore in the market cap of Adani Group. That is, a doubling of the market cap of Adani Group was seen in 2022. With the acquisition of Gujarat Ambuja, ACC and NDTV, the Adani group added Rs 1.52 lakh crore to its market cap, while Adani Wilmar’s listing on the stock exchange increased its market cap by Rs 80,000 crore. The market cap of Reliance Industries in 2022 has been Rs 17.54 lakh crore while in 2021 it was Rs 16.4 lakh crore. The market cap has decreased as compared to Rs 23.4 lakh crore in 2021, even though the Tata group may be in the first place.

Bajaj Group has been the fourth largest group in the country in terms of market cap in 2022. The market cap of companies listed in the group’s stock market has been Rs 8.35 lakh crore, although it has been 2.6 percent less than in 2021. In 2021, the market cap was Rs 8.58 lakh crore. Sunil Bharti Mittal’s Bharti Group has been ranked fifth with a market cap of Rs 5.17 lakh crore and Aditya Birla Group has been ranked sixth with a market cap of Rs 4.56 lakh crore. Mahindra Group has been ranked seventh with a market cap of Rs 3 lakh crore.

Asian Paints Group is at the eighth position with a market cap of Rs 2.97 lakh crore, while Shiv Nadar’s HCLTech is ninth with Rs 2.82 lakh crore and Radhakishan Damani’s Avenue Supermarts is at tenth position with Rs 2.64 lakh crore.

The Tata group remained India’s top business group in terms of m-cap in 2022 but Adani group companies were among the biggest gainers on the bourses for the second consecutive year.@KantKrishna30 reports #TataGroup #Companies #AdaniGrouphttps://t.co/b7FkQi6CuI

— Business Standard (@bsindia) January 2, 2023

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