Jan 06, 2021 18:01
MUMBAI: The BCCI is reportedly set to notify a base price of Rs 15 billion for potential suitors planning to bid for any one of the two new Indian Premier League teams that will put up for auction from the 2022 season.
Which is a fair number considering that in 2018, when JSW took a 50% stake in then Delhi Daredevils (now Delhi Capitals), it was at a valuation of Rs 11 billion.
Jan 05, 2021 15:01
MUMBAI: The Walt Disney Company has created a new leadership structure at Star Sports in the aftermath of the departure of key executives from the network late last year.
Jan 05, 2021 12:01
LONDON: Burnley FC has become the latest Premier League side to have American investors as controlling stakeholders after Velocity Sports Partners (VSP), the sports investment arm of US management firm ALK Capital, acquired majority shareholding in the football club.
Jan 04, 2021 18:01
NEW DELHI: The T20 World Cup is just 10 months away, and the International Cricket Council (ICC) has already earmarked the United Arab Emirates (UAE) as a backup venue to host the seventh edition of mega event, leaving designated host board BCCI stuck between a rock and a hard place.
Jan 04, 2021 17:01
MUMBAI: Reliance Industries Ltd (RIL) has agreed to buy out IMG Worldwide LLC from their sports management joint venture for Rs 520.8 million.
The nation's biggest corporate by market value, in a stock exchange filing on December 24, declared it will buy IMG Worldwide's 50 per cent stake in IMG-Reliance Ltd (IMG-R) for no more than Rs 52.08 crore (Rs 520.8 million) in cash.
Jan 04, 2021 16:01
BCCI PRESIDENT AND FORMER Team India captain Sourav Ganguly, who underwent angioplasty after a “mild” heart attack, is stable and his health parameters are normal, doctors said on Sunday.
Ganguly was diagnosed with three blocked coronary arteries on Saturday, following which a stent was inserted in one to remove the blockage.
Dec 24, 2020 14:12
MUCH HAS BEEN ALREADY BEEN WRITTEN ABOUT Indian media's biggest executive departure of 2020. The resignation of Uday Shankar as president, The Walt Disney Company APAC and chairman, Star & Disney India, announced October 8, also marks the end of arguably THE defining decade in the evolution of professional Indian sport in the 21st century.
Dec 22, 2020 20:12
TOKYO: The Tokyo Organising Committee of the Olympic and Paralympic Games (Tokyo 2020) Tuesday unveiled the version five budget for the Olympic and Paralympic Games Tokyo 2020, in conjunction with the Tokyo Metropolitan Government and the Government of Japan.
Dec 22, 2020 19:12
NEW YORK: Exercise bike maker Peloton Interactive Inc Monday announced that it has entered into an agreement to acquire Precor, one of the largest global commercial fitness equipment providers with a significant US manufacturing presence, in a transaction valued at $420 million.
Dec 21, 2020 16:12
NEW DELHI: Bengaluru-headquartered gaming and esports start-up EWar Games has raised Pre-Series A funding from Inflection Point Ventures, India's largest and most active angel network.
JITO Angel Network and Hyderabad Angels, Pearl Agarwal, founder & director Eximius Ventures, also participated in the round. Ms. Agarwal has participated in her personal capacity.
