A consortium of Aditya Birla Group, Times of India Group, Bolt Ventures and Blackstone has bought Indian Premier League franchise Royal Challengers Bengaluru (RCB) for $1.78 billion, the consortium said on Tuesday. Seller United Spirits, the India unit of UK-based drinks giant Diageo, kicked off a strategic review of its 100 per cent stake in the Bengaluru franchise in November, describing it as "non-core" to its main liquor business. That interest is fueled by rising team revenues and the record valuation of the