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	<title>IPL News &#187; ril</title>
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		<title>Mumbai Indians Franchise</title>
		<link>http://www.premierleaguenews.in/teams/mumbai-indians/mumbai-indians-franchise/</link>
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				<category><![CDATA[Franchise Owner]]></category>
		<category><![CDATA[Mumbai Indians]]></category>
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		<category><![CDATA[january 24]]></category>
		<category><![CDATA[managing director]]></category>
		<category><![CDATA[mukesh and anil ambani]]></category>
		<category><![CDATA[Mumbai]]></category>
		<category><![CDATA[personal stake]]></category>
		<category><![CDATA[premier league]]></category>
		<category><![CDATA[private sector company]]></category>
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		<category><![CDATA[reliance industries]]></category>
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		<description><![CDATA[Reliance Industries Limited through its subsidiary Reliance Retail Ltd purchased the rights for the Mumbai franchise of Indian Premier league for a total of $111.9 million during the auction on January 24, 2008. The RIL bid has made the Mumbai Indians the most expensive franchise in IPL Background RELIANCE is India&#8217;s largest private sector company [...]]]></description>
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