Business Intelligence

MADRID: Real Madrid have budgeted for revenues of €617 million in 2020/21, around €300 million less than the LaLiga giants would have otherwise generated were it not for the COVID-19 pandemic, a statement on their financial results for last year indicates.

LaLiga rivals FC Barcelona have also predicted similar revenue income drops for the current campaign.

Dec 04, 2020 14:12
NEW DELHI: Uday Shankar, who recently stepped down as president, The Walt Disney Company APAC and chairman, Star & Disney India, effective as of December 31, has been named president-elect, Federation of Indian Chambers of Commerce & Industry (FICCI), for the year 2020-21. 
Dec 04, 2020 14:12
JOHANNESBURG: Celebrity-based platform myFanPark has announced its merger with Silicon Valley-based celebrity engagement platform, Starsona Inc. 
Dec 02, 2020 14:12
DUBAI: Luxury sports car maker Porsche on Wednesday named Manolito Vujicic (48) as its new head of India operations.  "Porsche Middle East and Africa FZE announces the appointment of Manolito Vujicic as the new Head of its division in India," an official statement reads.
Dec 01, 2020 19:12
CHICAGO: Sports data and technology company Stats Perform Tuesday announced the acquisition of platforms for creating automated video highlights and real-time alerts from Palo Alto-based tech company Thuuz Sports.  Financial details were not disclosed.
Dec 01, 2020 12:12
MUMBAI: Times Group-owned American Cricket Enterprises (ACE), USA Cricket's commercial rights partner, has confirmed that the Shah Rukh Khan co-owned Knight Rider Sports Pvt Ltd (KRSPL) has been inducted as a "key investor" in Major League Cricket (MLC), the Indian Premier League-templated T20 tournament that is targeting launch in 2022.   
Nov 27, 2020 17:11
NEW DELHI: Hero MotoCorp appointed global mobility expert Michael Clarke to the newly created position of Chief Operating Officer (COO), with the additional role of Chief Human Resources Officer (CHRO). 
Nov 27, 2020 15:11
LOS ANGELES: Gaming publisher Riot Games has announced the Valorant Champions Tour esports series that kicks off next year and will feature both regional and international competitions.  
Nov 26, 2020 21:11
NEW DELHI: Following its successful run over the past 9 years, FICCI is organising the 10th Global Sports Summit – TURF 2020, on 8th and 9th December. The summit will comprise of India’s first virtual global sports and fitness exhibition, along with the international conference on business of sports, and the India Sports Awards.
Nov 25, 2020 18:11
BALTIMORE: Slinger Bag, a sports brand focused on innovating game improvement equipment for all ball sports with an initial focus on the global tennis market, has announced a 5-year distribution agreement to cover the Indian market with Racquets4U, a fast growing racquets specialist e-tailer focused on serving the needs of racquet sports lovers in India.
Nov 23, 2020 17:11
MUMBAI: EbixCash, a fully-owned subsidiary of Ebix, has announced that it has acquired a 70 per cent stake in a 1800-person, pan-India BPO company AssureEdge Global Services.