Kings XI Punjab – Mohali Franchise

Kings XI Punjab – Mohali is a sports franchise based in Mohali in the eight team Indian Premier League.

The owners of Kings XI Punjab – Mohali includes Preity Zinta, Ness Wadia (Bombay Dyeing), Karan Paul (Apeejay Surendera Group) and Mohit Burman (Dabur),

Preity Zinta is an Indian film actress. She has appeared in Hindi cinemas of Bollywood, as well as Telugu and English language movies.

Ness Wadia is the son of Nusli Wadia and Maureen Wadia and the heir to one of India’s most prestigious businesses, Bombay Dyeing. He is the great grandson of Mohammad Ali Jinnah, founder of Pakistan. He is Joint Managing Director of The Bombay Dyeing & Manufacturing Co. Ltd.

Bombay Dyeing was established in 1879. The Bombay Dyeing & Mfg. Co. Ltd. is the flagship company of the Wadia Group, engaged mainly into the business of Textiles. Its current chairman is Nusli Wadia.

Lead entities of Wadia Group’s are

Bombay Dyeing — The textile flagship of India.
Britannia Industries — A company that makes biscuits and snacks.
Go Air — A new low cost airline operating from Mumbai.
Gladrags — The Fashion Magazine. It also conducts the annual Gladrags Megamodel hunt in Mumbai.

Mr Karan Paul, the son of late Surrendra Paul, is the Chairman of the Apeejay Surrendra Group. He looks after financial planning and strategy for the entire Group. He is also heads operations and management of the Group’s Tea, Shipping and Financial Services divisions.

The Apeejay Surrendra Group is a conglomerate with interest in Tea, Shipping, Financial Services, Retail, Hospitality, Education, Real Estate, Etc. The Apeejay Surrendra Group employs close to 42000 people. They have aquired Typhoo, UK’s third largest and an over 100-year-old iconic British tea brand. They have entered into a joint venture with Bharti Shipyard to set up a modern shipbuilding yard along India’s eastern coast.

Mohit Burman is son of VC Burman. At present he is Director and Board Member of Dabur Ltd and and Chairman of Dabur Pharma Ltd. Mohit along with his borther has floated a Private Equity Fund to invest into Indian Companies.

Mohit Burman is said to be the driving force behind the Burman family’s foray into several high-growth and sunrise sectors of Financial Services like Life Insurance, Pensions, Annuities and Asset Management, besides Agriculture and Retailing.

The company Dabur India Limited was founded by Dr. S. K. Burman in 1884 as a small pharmacy in Calcutta (now Kolkata), West Bengal, India. Today it is the fourth largest FMCG Company in India with interests in Health Care, Personal Care and Food Products. It is most famous for Dabur Chyawanprash and Hajmola.