Investments

Indian sports and athleisure company Agilitas Sports has acquired exclusive licensing rights to design, manufacture, and distribute Italian shoe brand Lotto in India, Australia, and soon South Africa for a period of 40 years for an undisclosed fee.

Agilitas Sports, which acquired the rights from WHP Global, is co-founded by former PUMA India and South-East Asia managing director Abhishek Ganguly. 

Jan 11, 2024 12:01
The GMR Group, co-owners of Indian Premier League franchise Delhi Capitals is reportedly in "advanced talks" to buy a controlling stake in British county side Hampshire. A report in the UK's 'Daily Telegraph' said former Hampshire chairman Rod Bransgrove, who still holds a majority stake in the club, is close to agreeing a deal to sell the county side to the GMR Group.
Jan 10, 2024 19:01
Sony Group on Wednesday stated that talks between its Indian media and entertainment unit with Zee Entertainment Enterprises Ltd (ZEE) with regards to the proposed $10 billion merger are ongoing and that they will continue till January 20, according to Nikkei.
Jan 10, 2024 18:01
The Gujarat government has formed a separate company and earmarked Rs 6,000 crore to build six sports complexes to host the 2036 Summer Olympic Games in case India wins the bid for the quadrennial multi-discipline sporting extravaganza, an official said on Tuesday.
Jan 08, 2024 20:01
MUMBAI: The Indian Street Premier League (ISPL), India’s pioneering tennis ball T10 cricket tournament to be played inside a stadium, proudly announces Bollywood Star couple, Saif Ali Khan and Kareena Kapoor Khan as owners of the Kolkata team. The Pataudi legacy shines with this collaboration as Saif Ali Khan’s father, Mansoor Ali Khan Pataudi was a famous Indian cricketer and Indian cricket team former captain.
Jan 08, 2024 18:01
The long in tooth soap opera that has been the proposed $10 billion merger of the India operations of Zee Entertainment Enterprises Ltd (ZEEL) and Culver Max Entertainment Private Limited (CMEPL aka Sony Pictures Networks India Pvt Ltd - SPNI) is reportedly dead in the water.  
Dec 25, 2023 06:12
Manchester United plc announced Sunday that it has entered into an agreement under which British billionaire Jim Ratcliffe, chairman of INEOS, will acquire 25 per cent of Manchester United’s Class B shares and up to 25 per cent of Manchester United’s Class A shares for $1.3 billion and provide an additional $300 million intended to enable future investment into Old Trafford. 
Dec 21, 2023 18:12
BENGALURU: Japanese sports performance brand ASICS is eyeing expansion in India by adding 50 new stores by 2025. In a press release issued Wednesday, ASICS stated that its first mono-brand store would open in 2026, giving Indian consumers access to an expanded global product portfolio.
Dec 21, 2023 18:12
Zee Entertainment Enterprises Ltd (ZEEL) and Culver Max Entertainment Private Limited (CMEPL aka Sony Pictures Networks India Pvt Ltd - SPNI) have an additional month beyond the December 21 deadline to finalise their $10 billion India operations merger, Bloomberg reports.
Dec 18, 2023 17:12
The wait for closure on the merger proposal between Zee Entertainment Enterprises Ltd (ZEEL) and Culver Max Entertainment Private Limited (CMEPL aka Sony Pictures Networks India Pvt Ltd - SPNI) has just got longer. But no one is surprised. 
Dec 15, 2023 16:12
BENGALURU: The CEAT Indian Supercross Racing League (ISRL) continues its momentum as it proudly announces the inclusion of Reise MotoSports, the sixth team, in its inaugural season.  Owned by Reise Moto, Reise MotoSports is set to add a new dimension to the world of Indian Supercross.