Infrastructure

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 10, 2020 21:07
MUMBAI: The seventh edition of the Hero Indian Super League, planned for November to March 2021 behind closed doors, will in all likelihood be held in Goa, with Kerala, which was cited as the other possible contender as host state, dropping out of contention.
Jul 07, 2020 16:07
NEW DELHI: The Asian Football Confederation has conferred the All India Football Federation with the AFC Elite Youth Scheme full membership status. In a letter to Kushal Das, general secretary, AIFF, Windsor John, general secretary, AFC wrote: "We are pleased to inform that your application for full membership of the AFC Elite Youth Scheme has been approved by the AFC Youth Panel."
Jul 03, 2020 19:07
LONDON: CSM Live, the live experience team of agency CSM Sport and Entertainment, has been appointed by the England and Wales Cricket Board to help the governing body formulate a bio-secure return to cricket.
Jul 02, 2020 20:07
MADRID: LaLiga and T3N Sport & Investment are to build a new sports complex in Madrid. The project represents a ground-breaking milestone in the development of sport in Spain. Its facilities will include football fields, an educational centre and residences for all those stakeholders related to the sports industry.
Jun 24, 2020 17:06
TOKYO: Japan 2019 was the most economically successful Rugby World Cup ever, with nearly £4.3 billion generated in economic output according to The economic impact of Rugby World Cup 2019 report published by EY Wednesday.
Jun 19, 2020 18:06
NEW DELHI: The Union Sports Ministry has announced plans to to establish 1,000 Khelo India Centres (KIC) at the district level across the country. These centres will either be run by a past champion or have them as coaches, a move intended to tap into their individual expertise for grassroot-level training of athletes and also to ensure a sustained source of income for them in the sports ecosystem, IANS reports.
Jun 16, 2020 19:06
DOHA: The Supreme Committee for Delivery & Legacy (SC) and Qatar Foundation (QF) have announced the completion of the third tournament venue for the FIFA World Cup Qatar 2022. 
Jun 10, 2020 19:06
KOCHI: Kerala Blasters FC can confirm that Kochi will remain its home ground and the club will not be shifting its home base entirely to Kozhikode, as reported by the media.
Jun 10, 2020 19:06
CHENNAI: With the easing of lockdown restrictions, the Madras Motor Sports Club is gearing itself up for the “new normal” with a slew of measures conforming to government regulations to create a safe environment at the iconic MMRT circuit here while also carrying out upgrades to the track.  
Jun 03, 2020 17:06
LONDON: The England and Wales Cricket Board (ECB) Tuesday announced that Hampshire’s Ageas Bowl and Lancashire’s Emirates Old Trafford will host England Men’s Test series against West Indies if international cricket returns behind closed doors in July.