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NCLT admits Viacom18-Disney Star merger scheme

SportzPower Team

May 17, 2024 11:05

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The merger scheme between Reliance Industries Limited’s (RIL) Viacom18, its wholly owned subsidiary Digital18 and The Walt Disney Company’s Star India has been admitted by the Mumbai bench of the National Company Law Tribunal (NCLT). In an order passed on May 7, Viacom18, as part of internal restructuring, has proposed to transfer the various businesses conducted by it into its wholly-owned subsidiary, namely Digital18. Viacom18 proposed to be the holding company for the various businesses.

Jun 09, 2021 11:06

SPSN 'announces' itinerary of upcoming India tour to Sri Lanka

NEW DELHI: Sony Pictures Sports Network on Tuesday "unofficially" announced the itinerary of India's scheduled limited-overs cricket tours to Sri Lanka on SPSN's social media handles. According to the schedule put out by SPSN, the tour will begin on July 13 with the first ODI and end on July 25 with the third and final T20 International.

Jun 08, 2021 13:06

SIX5SIX scores kit partner deal with Portuguese club

NEW DELHI: Indian sportswear brand SIX5SIX, along with Grupo Desportivo Estoril Praia, have announced a multi-year kitting and merchandise partnership. The Portuguese outfit is looking to expand its global presence and also expand its presence in India.

Jun 08, 2021 13:06

Tata Digital to take controlling stake in CureFit, invest $75m

BENGALURU: Tata Digital Ltd, a wholly owned Tata Group subsidiary, on Monday announced it has agreed to invest up to $75 million in fitness startup CureFit. Mukesh Bansal, co-founder and chief executive officer (CEO) of CureFit Healthcare Pvt. Ltd, will continue as CEO and also take up an executive role at Tata Digital as president.

Jun 08, 2021 12:06

India Today Grp-backed Esports league signs Infinix as title sponsor

NEW DELHI: India’s first-ever franchise-based Esports league, the Esports Premier League (ESPL) has partnered with smartphone maker Infinix Mobile as title sponsor for its inaugural edition. ESPL aims to tap into the growing landscape of esports in the country, a segment that has received a significant boost in the last year as an increasing number of users are spending time on smartphones for gaming.

Jun 07, 2021 15:06

ICC announces strategic long-term BharatPe partnership

DUBAI: The International Cricket Council announced Monday that it has entered into a strategic partnership with Indian financial services company BharatPe that covers all ICC global events till the end of 2023. The agreement will ensure BharatPe’s involvement and integration at all ICC events throughout the term.

Jun 07, 2021 11:06

TSM, FTX sign largest naming rights deal in eSports history

LOS ANGELES: TSM, the premier global esports organization, today announced a $210 million, multi-year partnership deal split between FTX Trading Limited and West Realm Shires Services Inc, owners and operators of FTX.com and FTX.US respectively. FTX.US has partnered with TSM in relation to the US, and FTX.com internationally.

Jun 07, 2021 11:06

ManU outlines plan for Old Trafford investment, fan advisory board

MANCHESTER: The owner of Manchester United, a key player in the failed European Super League project, has set out a vision for a "new era of dialogue and consultation with fans", including the creation of a fan advisory board and a fan share scheme. Manchester United executive co-chairman Joe Glazer met with the club’s fans’ forum on Friday to begin discussions.

Jun 07, 2021 06:06

English seamer Ollie Robinson suspended from all international cricket

LONDON: The England and Wales Cricket Board has suspended contracted player Ollie Robinson from all international cricket pending the outcome of a disciplinary investigation following historic tweets he posted in 2012 and 2013. The England and Sussex bowler will not be available for selection for the LV= Insurance second Test against New Zealand starting at Edgbaston on Thursday 10 June.

Jun 05, 2021 08:06

Tech Mahindra onboards FIDE into Global Chess League project

MUMBAI: Tech Mahindra, which in February first proposed a Global Chess League (GCC), on Friday marked a significant milestone in that journey, announcing a new partnership with the International Chess Federation (FIDE).

Jun 03, 2021 23:06

Star Sports signs 12 sponsors, launches promo WTC final film

MUMBAI: As India and New Zealand get ready to lock horns in the first ever World Test Championship, official broadcaster Star Sports has unveiled a promotional film ahead of the marquee event, which runs from June 18-22nd at The Ageas Bowl in Southampton.

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