Channel News

MUMBAI: Google will invest Rs 33,737 crore (Rs 337.37 billion, $4.5 billion) in Jio Platforms, Reliance Industries chair and managing director Mukesh Ambani announced on Wednesday during the company’s online Annual General Meeting. 

This investment by Google values Jio Platforms at an equity value of Rs 436,000 crore. Google’s investment will translate into a 7.73% equity stake in Jio Platforms on a fully diluted basis. 

Jul 15, 2020 12:07
MUMBAI: SportsAdda - an Indian sports news website that focuses on cricket, football, and kabaddi - has onboarded former Australian fast bowler Brett Lee as brand ambassador.
Jul 14, 2020 19:07
MUMBAI: The Esports Federation of India (ESFI) has appointed sports communication firm Artsmith.in to extend its awareness in India. After having tasted great success working with world's top sports bodies and leagues since its inception in 2011, Artsmith added yet another feather to its hat following an official announcement of the partnership on Monday.
Jul 13, 2020 18:07
LONDON: Following an international tender process, sports broadcast production company Sunset+Vine has been appointed as host broadcaster for the Birmingham 2022 Commonwealth Games. The agreement includes a full-service delivery of every aspect of the Games, including more sports coverage than any previous Commonwealth Games.
Jul 13, 2020 17:07
MUMBAI: The Federation of Indian Fantasy Sports (FIFS), India’s first & only self-regulatory industry body for Fantasy Sports (FS), Monday unveiled the findings of a report  titled ‘Business of Fantasy Sports’ in collaboration with KPMG, at its flagship event FIFS Game Plan 2020.
Jul 10, 2020 22:07
MUMBAI: New-age digital entertainment and technology company JetSynthesys has raised Rs 3 billion from existing stakeholders Infosys’ co-founder Kris Gopalakrishnan, Adar Poonawalla's family office and Navani family-owned Jetline Group, among others.  Thermax family office, Triveni Group and DSP Group have also invested in this round.
Jul 10, 2020 20:07
MUMBAI: India's leading fantasy sports platform Dream11, which is also a major sponsor of the Indian Premier League (IPL), has come under scrutiny after the BCCI’s anti-corruption unit (ACU) provided inputs to Punjab police questioning the role of the platform's sister firm FanCode, a streaming website that live broadcast the Uva T20 League shown as being held in Sri Lanka but actually played at a local club ground in Sawar
Jul 09, 2020 18:07
LAUSANNE: The International Olympic Committee (IOC) and Atos, a global leader in digital transformation, Thursday announced an extension to their long-standing Worldwide Olympic Partnership through to 2024.
Jul 09, 2020 18:07
MILAN: Serie A club AC Milan has joined forces with music mogul Jay Z's Roc Nation, one of the world's leading entertainment companies, to form a "unique and tangible partnership driven by innovation, community, integrity and inclusiveness".
Jul 09, 2020 17:07
LAUSANNE: World Table Tennis, the new commercial arm of the International Table Tennis Federation, has entered into a broad, long-term strategic partnership with IMG agency.
Jul 08, 2020 20:07
MUMBAI: In a development that comes as no surprise considering the challenging market conditions in the face of the COVID-19 pandemic, Star India has given a pass on renewing its three-year media rights agreement with New Zealand Cricket (NZC).