Investments

NEW DELHI: Indian Premier League franchise Rajasthan Royals on Friday announced that their lead investor, Emerging Media IPL Limited (EMIPL), has increased its shareholding to over 50% in the IPL cricket franchise. 

EMIPL, which is owned and 100 per cent controlled by Manoj Badale, has successfully concluded an equity fundraise for this purpose.

Jan 15, 2021 12:01
BERLIN-BASED ESPORTS ORGANISATION G2 Esports announced Thursday a new partnership with global sportswear brand adidas.  Financial terms of the multi-year deal, which sees adidas as G2's official sports apparel provider, were not disclosed. 
Jan 14, 2021 10:01
MUMBAI: Lupa Systems CEO James Murdoch and Uday Shankar, the former chairman and CEO of Star India and president of Walt Disney Asia Pacific, announced Thursday that they are forming a new venture to explore technology and media opportunities in emerging markets.
Jan 13, 2021 17:01
LONDON: Bolivia's largest club, Club Bolivar, has joined the City Football Group family as its first partner club.  Founded in 1925 and based in the world’s highest capital city, La Paz, Club Bolivar boasts 29 domestic league titles, the most of any Bolivian football club.
Jan 08, 2021 18:01
LONDON: With anticipation building for almost 12 months and a monumental amount of work undertaken behind the scenes, Aston Martin is back in Formula One.
Jan 06, 2021 19:01
MUMBAI: Indian cricket team captain Virat Kohli is not just the brand ambassador of Mobile Premier League (MPL), but also holds a small stake in the online gaming platform's parent company - Galactus Funware Technology Private Limited, records accessed by Indian Express show.  Bengaluru-headquartered Galactus is a subsidiary of M-League Pte Ltd, a company registered in Singapore in April 2018.
Jan 06, 2021 18:01
MUMBAI: The BCCI is reportedly set to notify a base price of Rs 15 billion for potential suitors planning to bid for any one of the two new Indian Premier League teams that will put up for auction from the 2022 season. Which is a fair number considering that in 2018, when JSW took a 50% stake in then Delhi Daredevils (now Delhi Capitals), it was at a valuation of Rs 11 billion. 
Jan 05, 2021 15:01
MUMBAI: The Walt Disney Company has created a new leadership structure at Star Sports in the aftermath of the departure of key executives from the network late last year. 
Jan 05, 2021 12:01
LONDON: Burnley FC has become the latest Premier League side to have American investors as controlling stakeholders after Velocity Sports Partners (VSP), the sports investment arm of US management firm ALK Capital, acquired majority shareholding in the football club.
Dec 24, 2020 14:12
MUCH HAS BEEN ALREADY BEEN WRITTEN ABOUT Indian media's biggest executive departure of 2020. The resignation of Uday Shankar as president, The Walt Disney Company APAC and chairman, Star & Disney India, announced October 8, also marks the end of arguably THE defining decade in the evolution of professional Indian sport in the 21st century. 
Dec 22, 2020 20:12
TOKYO: The Tokyo Organising Committee of the Olympic and Paralympic Games (Tokyo 2020) Tuesday unveiled the version five budget for the Olympic and Paralympic Games Tokyo 2020, in conjunction with the Tokyo Metropolitan Government and the Government of Japan.