The document lists and provides brief details about the 8 teams that compete in the Indian Premier League (IPL) T20 cricket tournament: Mumbai Indians based in Mumbai, Chennai Super Kings based in Chennai, Delhi Capitals based in Delhi, Kolkata Knight Riders representing Kolkata, Kings XI Punjab jointly owned and based in Punjab, Royal Challengers Bangalore based in Bangalore, Rajasthan Royals based in Jaipur, and Sunrisers Hyderabad based in Hyderabad. The user then asks for their favorite IPL team, and the assistant responds that it is the 5-time champion Mumbai Indians.