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IPL unveils Lucknow, Ahmedabad franchises

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The Indian Premier League (IPL) has unveiled two new teams for the Twenty20 competition, with the Lucknow and Ahmedabad franchises sold for a combined 127.15 billion Indian rupees ($A2.3 billion) in Dubai on Monday.

The RP-Sanjiv Goenka Group, which owned the now-defunct Pune franchise for two…



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