Business Intelligence

Disney Star's sports-related operational loss reportedly grew by 50% to $342 million for the six months ended March 30, up from $228m in the same period in the previous fiscal.

During the time under examination, the Walt Disney-owned company's operating revenue from sports increased by 40% to $504m, while operating expenses increased by 51% to $786m, per media reports.

Aug 05, 2020 18:08
MUMBAI: WTF Sports, a fantasy sports gaming platform Wednesday formally announced their launch in India and globally and appointed cricketers Harmanpreet Kaur, the captain of the Indian squad at the ICC Women’s T20 World Cup in 2020 and Suresh Raina, as global brand ambassadors with the latter also joining the brand as a strategic partner. 
Aug 05, 2020 17:08
MUMBAI: VC firm Sequoia Capital India Tuesday announced that it has appointed ‘three exceptional senior leaders’ for various positions, who will be joining the company immediately.
Aug 05, 2020 14:08
LONDON: The Federation of International Cricketers' Associations has released its Men’s Global Employment Report 2020. 
Jul 31, 2020 20:07
LONDON: Real Madrid remain the most valuable football club brand in the world for 2020, according to the latest edition of the Brand Finance Football Annual. 
Jul 31, 2020 20:07
LONDON: A Saudi Arabia-led consortium withdrew their bid to buy English Premier League club Newcastle United late Thursday. The consortium, led by Saudi Arabia’s Public Investment Fund, businesswoman Amanda Staveley and the Reuben Brothers, had seen their bid left in limbo for months not just over the matter of human rights abuses in the autocratic kingdom, but also over its patronage of pirate operator BoutQ.
Jul 30, 2020 20:07
MUMBAI:Default on franchise fees from one of the six team owners in the inaugural edition of the X1 Racing League is the reason for the delay in payment of fees to senior professionals and the production company who worked on the event in end-2019, organisers of the league said Thursday.
Jul 28, 2020 20:07
KARACHI: The Pakistan Cricket Board (PCB) on Monday approved a budget of PKR 7.76 billion (Rs 3.48 billion) as operating expenditure for the 2020-21 fiscal year. The approved amount was a 10 per cent reduction from the 2019-20 fiscal year as the PCB continue their efforts to balance the books amid the coronavirus pandemic.
Jul 28, 2020 19:07
LONDON: Newly-crowned English Premier League champions Liverpool FC have appointed Matt Scammell as their new commercial director.  Scammell was most recently head of global sponsorship sales for Liverpool's arch rivals Manchester United.
Jul 28, 2020 19:07
PARIS: After the UAE and Qatar, it is the turn of Bahrain to invest in European football. Paris FC on Monday announced that the Gulf kingdom's sovereign wealth fund has acquired a 20% minority stake in the Ligue 2 club. With this injection of capital, PFC intend to achieve promotion to Ligue 1 in the next three years.
Jul 27, 2020 18:07
CHANDIGARH: IIM Rohtak has collaborated with Ulster University, UK to offer degree in Sports Management.