India's IPL Cricket Valuation Rises to $16 Billion, Says U.S. Investment Bank [Yahoo! Finance]
Houlihan Lokey, Inc. Class A (HLI)
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Source: Yahoo! Finance
U.S. investment bank Houlihan Lokey says that the business enterprise and brand values of the IPL combined now total $16.4 billion. More from Variety Deepika Padukone, Shah Rukh Khan Top IMDb's List of Most Viewed Indian Stars - Global Bulletin Shah Rukh Khan, Aamir Khan, Mani Ratnam and More Laud Ace Indian DoP Santosh Sivan Ahead of Cannes Honor (EXCLUSIVE) Indian Rapper Badshah on New Album 'Ek Tha Raja,' Working With Shah Rukh Khan, Arijit Singh: 'I'm Like This Cousin Who Starts the Party' (EXCLUSIVE) Launched in 2007, the tournament involves franchises based in key Indian cities, many of which are backed by Bollywood celebrities and big business bosses. Deploying the made-for-television, 20-overs per innings format, it has proved immensely popular with audiences and caused industry-shifting rivalry between media groups The stand-alone brand value of the IPL has increased by 6.3% to $3.4 billion (INR 28,000 crores), over the past year, Houlihan Lokey reckons. Title spo
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