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

SportzPower Team

May 09, 2024 20:05

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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.”

Feb 27, 2023 15:02

Vinesh Phogat: Probe panel member leaking 'sensitive info'

Why are we not surprised? In the latest episode of the tawdry saga that is the wrestlers vs Wrestling Federation of India, Vinesh Phogat, one of the grapplers demanding the removal of WFI president and BJP politician Brij Bhushan Sharan Singh, has claimed that a member of the probe committee is leaking 'sensitive information' to the press.

Feb 24, 2023 17:02

NCLAT stays insolvency proceedings against ZEE

MUMBAI: The National Company Law Appellate Tribunal on Friday stayed the order directing initiation of insolvency proceedings against Zee Entertainment Enterprises Ltd (ZEEL). NCLAT also issued notice to private sector lender IndusInd Bank and the final hearing of the case will now be heard on March 29.

Feb 23, 2023 20:02

WFI scandal: UWW pulls Asian Wrestling C'ships out of India

The administrative chaos in the Wrestling Federation of India in the aftermath of the allegations of sexual harassment against WFI president and BJP MP Brij Bhushan Sharan Singh has lead to the sport's world governing body rescinding India's hosting rights for the upcoming Asian Championships, which were scheduled to be held in New Delhi from 28 March through to 2 April.

Feb 23, 2023 17:02

Insolvency proceedings against ZEE: Punit Goenka moves NCLAT

MUMBAI: Punit Goenka, MD & CEO of Zee Entertainment Enterprises Ltd (ZEEL), Thursday filed an appeal in the National Company Law Appellate Tribunal (NCLAT) seeking relief against the order passed by the Mumbai bench of the National Company Law Tribunal (NCLT) in connection with an insolvency plea filed against the Indian media major.

Feb 22, 2023 17:02

FairPlay onboards Jacqueline Fernandez as brand ambassador

MUMBAI: Online betting site FairPlay has roped in Hindi film actress Jacqueline Fernandez as brand ambassador. Of Sri Lankan origin, Jacqueline has predominantly worked in Hindi films and is now a household name in Bollywood.

Feb 21, 2023 18:02

IBA asserts world c'ships to count as Paris '24 qualifiers

The fate of boxing at the Paris 2024 Olympics, already under threat due to various actions taken by the International Boxing Association (IBA) under its Russian president Umar Kremlev, which have been deemed unacceptable by the International Olympic Committee (IOC), has been thrown into further turmoil.

Feb 20, 2023 21:02

BCCI stance on Asia Cup: Media rights deal comes into play

India's grandstanding on the matter of its unilateral declaration of the terms and conditions under which it will play arch enemy Pakistan in the Asia Cup could finally have a pushback in the omly arena where the BCCI really cares when push comes to shove - money.

Feb 16, 2023 19:02

Crypto on BCCI's list of 'no go' partnerships for WPL teams

The Board of Control for Cricket in India (BCCI) has issued an advisory to the five Women’s Premier League (WPL) franchises stating that while it has no problems with commercial associations with fantasy sports platforms, any partnerships with cryptocurrencies, betting, gambling, real money, and tobacco sectors are a strict "no-no".

Feb 16, 2023 19:02

Sports Ministry inks tripartite MoU to deal with doping in sports

In the continuous fight against doping in sports, the Ministry of Youth Affairs & Sports, Government of India, Food Safety & Standards Authority of India (FSSAI) and National Institute of Pharmaceutical Education & Research, Hyderabad (NIPER Hyderabad) signed a tripartite Memorandum of Understanding (MoU) to create nutritional supplement testing capacity in India, provide information & build awareness about

Feb 14, 2023 19:02

Bengaluru Open inks 3-yr title sponsor deal with DafaNews

BENGALURU: ATP Challenger tournament Bengaluru Open has onboarded sports news portal DafaNews as its title sponsor for the next three years. The sponsorship deal with DafaNews, which is owned by online betting site Dafabet, is effective from the upcoming 2023 edition of the tournament that commences February 20.

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