News

Apr 22, 2020 13:04

Amnesty, beIN Sport slate imminent Saudi buyout of Newcastle

LONDON: Human rights organisation Amnesty International has offered its opinion on the imminent takeover of Premier League club Newcastle United FC by Saudi Arabia's sovereign wealth fund (Public Investment Fund of Saudi Arabia).

No surprises for guessing that said opinion is extremely critical of the impending deal.

Apr 22, 2020 12:04

Facebook takes 9.99% stake in Reliance Jio for $5.7bn

MUMBAI: Social media behemoth Facebook Wednesday announced a $5.7 billion (Rs 435.74 billion) investment in Jio Platforms Limited, part of Reliance Industries Limited, making Facebook its largest minority shareholder.

This investment by Facebook in what is the US major's largest market values Jio Platforms at Rs 4.62 trillion…

Apr 21, 2020 17:04

T20 World Cup in India? Gavaskar's 'swap' suggestion

MUMBAI: Now here's a proposal that makes eminent sense considering the "force majeure" situation brought about by the COVID-19 pandemic roiling the world.  

Former India captain Sunil Gavaskar has suggested to India Today that India and Australia should swap the hosting rights of the next two T20 World Cups.

Apr 21, 2020 17:04

2nd edition of FIA Motorsport Games postponed to 2021

MONACO: In light of the COVID-19 pandemic currently affecting the world and its expected consequences for motorsport, the second edition of the FIA Motorsport Games, initially scheduled to take place on 23-25 October, will now be held on 22-24 October 2021. 

This multi-disciplinary competition between various nations, will…

Apr 21, 2020 17:04

Eleven scores big as live sport returns in Taiwan

ELEVEN SPORTS Taiwan has been providing fans around the world with a rare offering of LIVE sport over the past week, with action from the Taiwan Super Basketball League and the Chinese Professional Baseball League.

Matches - which have all been played ‘behind-closed-doors’ - have been streamed globally on Twitter while Eleven…

Apr 21, 2020 16:04

World Series of Poker postponed; WSOP tourneys to go online

LAS VEGAS: The 51st running of the World Series of Poker (WSOP), set to begin Tuesday, May 26 from the Rio All-Suite Hotel & Casino in Las Vegas, is officially being postponed as a result of the public health emergency involving COVID-19.  

It is now targeted for fall of 2020, with exact dates and events to be determined…

Apr 21, 2020 15:04

Serie A declares intent to complete 2019-2020 season

MILAN: Serie A insisted Monday that they were committed to finishing the season despite reports seven clubs are against a return to action as the coronavirus pandemic continues to afflict Italy.

Italy's top flight issued the following statement Monday: "The Serie A league council, meeting today, unanimously confirmed its…

Apr 21, 2020 15:04

AIFF oks league committee's recommendations

NEW DELHI: Mohun Bagan has been declared I-League winners for the 2019-2020 season after the All India Football Federation's executive committee (EC) rubber-stamped the recommendations of the League Committee.

Apr 21, 2020 14:04

TVS Motor acquires UK's Norton Motorcycles for £16m

CHENNAI: TVS Racing's parent company has announced the successful acquisition of stricken British motorcycle company Norton, in an all-cash deal for £16 million (around Rs 1.53 billion).

Leading Indian two-wheeler manufacturer TVS Motor Company completed the buyout by acquiring certain assets of Norton Motorcycles (U.K.)…

Apr 21, 2020 12:04

Mercedes chief Wolff takes stake in Aston Martin

LONDON: Mercedes AMG Petronas Motorsport Formula One Team and is Team Principal and CEO Toto Wolff has purchased shares in Aston Martin Lagonda, the iconic British automotive brand which will return to the Formula 1 grid next year with the rebranded Racing Point team.

Wolff has been at the helm as Mercedes have dominated F1 in…