Legal

Disney expects to close Star India-RIL merger by H1 2025

SportzPower Team
May 09, 2024 20:05

The merger of Star India with Reliance Industries is expected to be closed by the first half of 2025, The Walt Disney Company said in a regulatory filing.

The company said, “The Star India transaction is expected to close in the first half of calendar year 2025, subject to customary closing traditions, including regulatory approvals and government consents. If closing has not occurred by February 28, 2026, Star India or RIL may terminate the transaction.”

Mar 13, 2018 15:03
Nimbus to appeal HC liquidation order
MUMBAI: Nimbus Communications Ltd, parent company of Neo Sports Broadcast, has declared it will go in appeal against a recent ruling of the Bombay High ordering the liquidation of the company in a six-year-old lawsuit filed by the Union Bank of India (UBI) against the sports broadcaster.
Mar 12, 2018 14:03
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Bombay HC orders liquidation of Nimbus Communication over bank loan, guarantee
MUMBAI: The Bombay high court has ordered the liquidation of Nimbus Communications Ltd folowing a six-year-old lawsuit by the Union Bank of India (UBI) against the sports broadcaster, a report in newspaper Mint said.
Mar 10, 2018 13:03
NGO Stairs teams with law firm for sports development IPR
MUMBAI: Stairs (Society For Transformation, Inclusion and Recognition through Sports) and ‘Kanth & Associates’, a full-service law firm have announced a collaboration  that will focus on the importance of IPR at every level in sports development with strong legal intervention to protect the budding sportspersons.  
Mar 09, 2018 16:03
CoA seeks removal of BCCI office bearers, IPL chairman
NEW DELHI: The Supreme Court appointed Committee of Administrators (CoA) on Thursday sought the removal of BCCI's current set of office bearers, citing the end of their tenures as per the Indian cricket board's constitution. The CoA also asked for apex courts direction on having an AGM without formal adoption of the new constitution as per Lodha Committee recommendation, newswire PTI reports.
Mar 08, 2018 15:03
AIFF investigating Minerva match-fixing approach claim
NEW DELHI: The All India Football Federation (AIFF) has said that it was investigating the claims of match-fixing approaches made to players from the Minerva Punjab Football Club during the ongoing I-League. The club owner Ranjit Bajaj had earlier revealed that several of his players were approached by bookies for match-fixing, a newswire PTI report said.
Mar 07, 2018 14:03
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Marketing manager appointment, D/N Tests bring to fore BCCI vs CoA battle
MUMBAI: In what could be termed as an open confrontation, BCCI acting secretary Amitabh Chaudhary on Tuesday, in a strongly-worded letter, refused to sign the appointment letter of the new general manager (Marketing), which was finalised by the Supreme Court appointed Committee of Administrators (CoA).
Mar 06, 2018 11:03
Ranji Trophy players yet to receive BCCI share of fees for two seasons
MUMBAI: Ranji Trophy players have not received match fees ranging from Rs 1.2-1.5 million per season for the last two years because the Committee of Administrators (CoA) running the BCCI and some state units cannot see eye-to-eye on implementing reforms suggested by the Supreme Court. A new payment plan being worked on by the CoA is also reason for the delay, the Indian Express reports.
Mar 06, 2018 11:03
Supreme Court seeks government’s reply on PIL to remove BAI president
NEW DELHI: The Supreme Court has sought the Centre’s response on a PIL seeking removal of Assam minister Himanta Biswa Sarma from the post of president of the Badminton Association of India (BAI), which draws attention to the fact that his appointment was in violation of the apex court order that a minister or a public servant cannot become an office bearer in a sports body.
Mar 05, 2018 17:03
IFAB clears VAR for 2018 Fifa World Cup
ZURICH: The International Football Association Board (The IFAB) unanimously approved the use of video assistant referees (VARs) for the upcoming World Cup in Russia at its 132nd annual general meeting (AGM) that took place at FIFA’s headquarters here Sunday.
Mar 03, 2018 15:03
ITF brings Sportradar’s Integrity Services on board
LONDON: The ITF Friday announced the addition of Sportradar’s Integrity Services to its integrity protection measures. As an extension of its current partnership with the ITF, Sportradar will use its Fraud Detection System to monitor betting patterns across more than 50,000 ITF Pro Circuit tennis matches.
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