DIGEST/CRICKET:Companies have paid millions of euros to buy the eight franchises of the Indian cricket board's Twenty20 Indian Premier League.
India's most valuable company, Reliance Industries Ltd, bid €76 million for the Mumbai team, the Indian board announced after bids for franchises were opened.
The base price for owing a team for 10 years was set at €34 million.
The inaugural event will be held in April.
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