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IPL

Live SCORE bOARD

Sunday, March 9, 2008

IPL Mumbai: 3 years before we can earn profits

Reliance Industries which owns the IPL Mumbai through its subsidiary Reliance Retails hopes to start earnings returns from its investment in IPL Mumbai in about 3 years time. That is the gestation period. Money will come mainly from team sponsors and ticket sales said a spokesman for the team.

Initially the costs will be higher but once the things are in place we can start earning profits.

IPL Mumbai will be known as Mumbai Indians.