News

Jul 15, 2020 16:07

Google to invest $4.5bn in Jio Platforms for 7.73% stake

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…

Jul 15, 2020 15:07

Mercuries Taiwan Masters 2020 cancelled due to COVID-19

TAMSUI, Chinese Taipei: The long-standing Mercuries Taiwan Masters, originally scheduled to tee off at the Taiwan Golf and Country Club from September 17-20, will be cancelled this year due to the ongoing COVID-19 pandemic.

The decision to cancel the Mercuries Taiwan Masters was based on health and safety concerns as well as…

Jul 15, 2020 12:07

SportsAdda names Brett Lee as brand ambassador

MUMBAI: SportsAdda - an Indian sports news website that focuses on cricket, football, and kabaddi - has onboarded former Australian fast bowler Brett Lee as brand ambassador.

One of the most feared bowlers of his generation and a two-time ICC Cricket World Cup winner with Australia, Lee, who has recorded over 700 wickets in…

Jul 14, 2020 20:07

Ownership structure: Clock ticking for EB to get act together

MUMBAI: After months of making one far-fetched claim after another, the time of reckoning is at hand for the men who matter at East Bengal FC.

The Red & Gold Brigade will have to officially declare their change of ownership as the All India Football Federation (AIFF) on Tuesday sent out the club licensing agreements to all…

Jul 14, 2020 20:07

Ousted HI prez accuses MoYAS of 'selective penalisation'

NEW DELHI: Former Hockey India president Mohd. Mushtaq Ahmad, who resigned after his election was declared violative of the National Sports Code by the Union Sports Ministry, on Tuesday said the "belated decision smells (of) bad intention" as other violators have not been penalised.

He also expressed suspicion that the action…

Jul 14, 2020 20:07

IOA secy-gen seeks proposal from NSFs on gender equality

NEW DELHI: A directive issued by the International Olympic Committee to all National Olympic Committees (NOCs) last year to maintain gender equality in sports governance has forced the Indian Olympic Association to take up the matter seriously, albeit at a glacial pace.

A minimum of 30 per cent of women representation is…

Jul 14, 2020 19:07

BLM groundswell: Redskins retiring team name, logo

WASHINGTON D.C.: NFL franchise the Washington Redskins announced Monday that the American football team will be retiring its name and logo, long criticised as racist.

Monday's news of the name and logo change came after a letter signed by 87 investors and shareholders with a total worth of $620 billion was sent to sponsors…

Jul 14, 2020 19:07

EFSI hands communications mandate to Artsmith

MUMBAI: The Esports Federation of India (ESFI) has appointed sports communication firm Artsmith.in to extend its awareness in India.

After having tasted great success working with world's top sports bodies and leagues since its inception in 2011, Artsmith added yet another feather to its hat following an official announcement…

Jul 14, 2020 19:07

Hero MotoCorp announced as English Open 2020 title partner

LONDON: Hero MotoCorp, the world’s largest manufacturer of motorcycles and scooters, has been announced as the title partner of the English Open 2020 - the second of six events in the European Tour’s new UK Swing - and which will now be named the Hero Open.

Hero remain a long-term sponsor of the Betfred British Masters hosted…

Jul 14, 2020 18:07

Professional Cricketers’ Assn CEO Tony Irish steps down

LONDON: The Professional Cricketers’ Association has announced Tony Irish has stepped down from his role as chief executive with immediate effect.

Irish joined the PCA in January after 17 years with the South African Cricketers’ Association and is currently the executive chairman of the Federation of International Cricketers’…