NEW DELHI: German sportswear giant adidas on Tuesday pointed out unstable import duty rates that too without warning on most occasions in India as one of the biggest obstacles for the company when it comes to its operations and future investment planning, Press Trust of India reports.

The MNC sells both locally-sources and imported products in India. However, adidas India’s MD, Dave Thomas believes that bringing more imported ones were a must for adidas to showcase its ‘full story to India’, something which he feels consumers deserve. 

Mar 16, 2018 15:03
SINGAPORE: Following the inspiring Olympic Games and Paralympics in South Korea, it was very clear that all eyes are on Asia at the moment! With more major events throughout Asia, especially with the 2020 Summer Olympics in focus, the entire industry is trending in the continent.
Oct 16, 2017 15:10
DUBAI: The UAE's Pro League Committee held a press conference here Monday to reveal the details of the contract signed with leading sports data and technology company ‘Sportradar’. 
Oct 11, 2017 14:10
NEW YORK: WME | IMG has announced the formation of a new holding company - Endeavor - which will take on the full portfolio of owned and operated brands formerly under the WME | IMG banner. The new entity will be led by Ariel Emanuel as CEO and Patrick Whitesell as executive chairman, both of whom will continue to sit on the company’s board.
Sep 13, 2017 13:09
NEW DELHI: US based designer and recording artist Christine Storm is set to launch her golf and resort wear line in India here Thursday at an event hosted by Rajeev Anand, her Indian partner, and the songstress. The collection consists of dresses, trousers and shirts in varied colours and cuts.
Sep 11, 2017 13:09
MUMBAI: Smaaash Entertainment, co-owned  by Shripal Morakhia and Sachin Tendulkar, has acquired 100 per cent stake in SVM Bowling and Gaming, a popular bowling and entertainment format operated by SVM (Sri Venkateshwara Multiplexes).
Sep 11, 2017 13:09
NEW DELHI: The 19th edition of the Maruti Suzuki Raid-de-Himalaya - billed as one of the toughest off-road motor rallies in the world - gets underway on October 8 with over 125 motorists registered. The six-day event stretches across 2,400 km on some of the toughest and highest motorable roads in the world and the rallyists will have to cover 300 to 350 kilometres in a day on average.
Sep 09, 2017 14:09
NEW DELHI: The Sports Ministry has joined hands with the Abhinav Bindra Foundation Trust (ABFT) to operate a high-performance sports facility in Bengaluru.  The Ministry gave ABFT a grant of Rs50 million to purchase state-of-the-art equipment and establish a high-performance centre for athletes' rehabilitation, fitness-training and sports science, PTI reports. 
Sep 09, 2017 13:09
MUMBAI: After Nike, German sportswear maker adidas too has decided to cut down operations in India. Reports say the company plans to lay off around 25 per cent of its workforce in the country in the coming months.
Sep 08, 2017 11:09
PANAJI: Physical sale of tickets for the FIFA U-17 World Cup, to be hosted by India, started Thursday in Goa with launch of the Box Office near the Sports Authority of Goa Indoor Stadium in Fatorda. Goans can now buy tickets from the counters which will be open from 10 am to 5 pm, a media release said.
Sep 07, 2017 16:09
MUMBAI: HCL, a leading global conglomerate, Thursday announced that the 15th HCL International Bridge Championship will commence on September 12, at the JW Marriott Hotel, Aerocity New Delhi.  This year, the championship will witness participation from over 700 players (132 teams), including 20 international teams from countries like Israel, Sweden, Denmark, Egypt, Russia and Poland, among others.