Investments

NCLT admits Viacom18-Disney Star merger scheme

SportzPower Team
May 17, 2024 11:05

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.

Sep 19, 2018 13:09
adidas logo
adidas bullish on Indian market despite fluctuating import duty rates 
NEW DELHI: German sportswear giant adidas on Tuesday pointed out unstable import duty rates that too without warning on most occasions in India as one of the biggest obstacles for the company when it comes to its operations and future investment planning, Press Trust of India reports.
Sep 19, 2018 12:09
Nazara-owned Next Wave to develop official Big Bash mobile game
MUMBAI: Next Wave Multimedia, the gaming technology subsidiary of Nazara Technologies has inked a 3-year licensing deal with Cricket Australia (CA) to launch the official game on mobiles and smartphones of the KFC Big Bash League (BBL) and the Rebel Women’s Big Bash League (WBBL), two of the world’s premier domestic T20 competitions.  
Sep 18, 2018 19:09
IOC finds global insurance partner in Allianz
LAUSANNE: The International Olympic Committee (IOC) announced on Tuesday that Allianz, the German insurance company will be inducted into its prestigious ”Worldwide Olympic Partner” (TOP) Programme from 2021 to 2028.
Sep 18, 2018 19:09
BKT tire supplier of KFC Big Bash League till 2021
BKT widens sports sponsorship gambit with Big Bash deal
MELBOURNE: Just days after confirming its title sponsorship deal with France’s Coupe de Ligue football competition, Indian MNC Balkrishna Industries Ltd. (BKT) was named on Tuesday as the official tire supplier of Australia’s premier T20 cricket competition, the KFC Big Bash League till 2021. 
Sep 18, 2018 19:09
Sachin IDBI Federal Life Insurance
IDBI Federal Life ups Tendulkar association to company brand ambassador
MUMBAI: Leading private life insurance company IDBI Federal Life Insurance on Tuesday named cricket legend Sachin Tendulkar as its first ever brand ambassador. Tendulkar has previously been associated with IDBI as the face of the firm’s marathon events since 2016. 
Sep 18, 2018 13:09
MMA champ McGregor curates his own Irish whiskey
DUBLIN: Mixed Martial Arts (MMA) champion Conor McGregor of UFC fame announced on Monday that his company, Eire Born Spirits has launched an Irish whiskey brand ‘Proper No. Twelve’ in the country and the USA as part of its initial plans, which will evolve into expanding in other countries in 2019. Proximo has been named its global distribution partner. 
Sep 18, 2018 13:09
Garmin India unveils multi-sport watch ‘Fenix 5X Plus’
NEW DELHI: Garmin, the smart wearables maker launched its new multi-sport watch "Fenix 5X Plus" for the Indian market on Monday, IANS reports. Worth Rs. 79,990, the watch comes with an in-built GPS, music storage and a wrist-based sensor to track blood oxygen saturation at higher altitudes. 
Sep 18, 2018 12:09
perform logo
Perform restructures business model, to be renamed DAZN Group 
LONDON: UK’s Perform Group, one of the world’s top sports media companies in the digital space, announced on Monday that as a part of its rebranding strategy, the firm will now be named DAZN Group and will be divided into two brands: DAZN and Perform Content.
Sep 17, 2018 12:09
J&K governor dreams of state having own IPL team
JAMMU: Jammu and Kashmir (J&K) are making rapid strides in cricket and sport in general and the state governor Satya Pal Malik is extremely keen on the region being represented with a separate team of its own in the Indian Premier League (IPL), Hindustan Times reports.
Sep 17, 2018 12:09
Tata Steel Chess India rapid and blitz tournament announcement
Tata Steel sponsor intl chess event in Kolkata; Vishy top draw
KOLKATA: India is all set to host its first ever world event in chess as the tournament is set to take place at one of the cultural hubs in the city, the Indian Council for Cultural Relations, from 9 to 14 November. It has also confirmed Tata Steel as its principal sponsor and will be known as ‘Tata Steel Chess India’.
Subscribe to Investments