Investments

US pro pickleball assn signs first international deal in India

SportzPower Team

Apr 26, 2024 20:04

Read more about US pro pickleball assn signs first international deal in India
Log in to post comments

DALLAS, TX: Pickleball, billed as America’s fastest-growing sport, is going after a new frontier - India. The United Pickleball Association (UPA), which was created after a merger between Major League Pickleball and the Professional Pickleball Association in the US last February, and India-based Global Sports have inked a deal to bring the PPA Tour and Major League Pickleball to the country.

As a part of the partnership, the organizations will launch key initiatives to the country, promoting the rapidly-growing sport to a young market.

Feb 21, 2024 20:02

Jim Ratcliffe completes minority investment in Manchester United

MANCHESTER, England: Manchester United plc, and Trawlers Limited, an entity wholly-owned by Jim Ratcliffe, Tuesday confirmed the completion the British billionaire's acquisition of 25% of the club’s Class B shares and 25% of the club’s Class A shares, following the satisfaction of all conditions, including approvals from the Football Association and the Premier League.

Feb 20, 2024 17:02

ZEE, Sony return to talks table to revive merger: Reports

The leadership at Culver Max Entertainment (aka Sony Pictures Networks India), the Indian media arm of Japan's Sony Group, has reportedly returned to the negotiating table with Zee Entertainment Enterprises Ltd, with the aim of reviving the collapsed $10 billion merger plans, which ZEE has been strongly pushing for.

Feb 16, 2024 19:02

Sony has no 'concrete plans' post Zee merger setback

Despite the collapse of its $10 billion merger plans with Zee Entertainment Enterprises Ltd (ZEE), Sony Corporation has asserted it is aggressively considering alternative opportunities for its India media and entertainment business.

Feb 14, 2024 18:02

Berkshire’s Brooks Running delivers record revenue in 2023

SEATTLE: Brooks Running, a subsidiary of Berkshire Hathaway, finished 2023 with record revenue growth of $1.2 billion, up 5% year-on-year, and a record 20 million+ units sold.

Feb 14, 2024 15:02

ZEE to completely re-evaluate sports portfolio: Punit Goenka

Is Zee Entertainment Enterprises Ltd exiting sports? It might well turn out that way? ZEE managing director Punit Goenka, speaking at an investors' call after the network announced its Q3 financial results, has outlined the future course for the Indian media major in the wake of the collapse of its planned $10 billion merger with Culver Max Entertainment (aka Sony Pictures Networks India).

Feb 07, 2024 20:02

PUMA refutes reports of Virat Kohli switching to Agilitas Sports

PUMA on Wednesday refuted reports that cricketing superstar Virat Kohli, arguably the country's biggest brand endorser, was switching allegiance from the country's leading athleisure brand to Agilitas Sports Pvt Ltd, a company set up last year by Abhishek Ganguly, its former India MD.

Feb 07, 2024 19:02

Nazara Tech logs highest ever quarterly revenue, PAT up 47%

It was barely two months ago (November 2023) that cries of doom and gloom were heard from stakeholders in the Indian online real money gaming industry following the GST Council’s decision to impose 28% Goods and Services Tax on the sector.

Feb 06, 2024 18:02

Promoter commits Rs100cr+ for Women’s Handball League

NEW DELHI: India is set to witness its first-ever professional Women’s Handball League (WHL), which will be featuring prominent players from the Middle East, South East, Europe, and Africa.

Feb 02, 2024 16:02

ECB revamps women’s pro game structure, ups investments

The England and Wales Cricket Board (ECB) has announced "the next stage" in the evolution of women’s cricket in Great Britain with the creation of a three-tiered domestic competition structure and a shift in the ownership model underpinning the women’s professional game.

Feb 01, 2024 20:02

PGA Tour strikes $3bn deal with Fenway-led Strategic Sports Grp

PONTE VEDRA BEACH, Fla.: The PGA Tour – in partnership with Strategic Sports Group (SSG) – announced Wednesday the launch of PGA Tour Enterprises, a new commercial venture under the PGA Tour’s control, and in a first-of-its kind program, nearly 200 PGA Tour members will have the opportunity to become equity holders in this new company.

Subscribe to Investments