Investments

NCLT admits Viacom18-Disney Star merger scheme

SportzPower Team
May 17, 2024 11:05

The merger scheme between Reliance Industries Limited’s (RIL) Viacom18, its wholly owned subsidiary Digital18 and The Walt Disney Company’s Star India has been admitted by the Mumbai bench of the National Company Law Tribunal (NCLT). In an order passed on May 7, Viacom18, as part of internal restructuring, has proposed to transfer the various businesses conducted by it into its wholly-owned subsidiary, namely Digital18. Viacom18 proposed to be the holding company for the various businesses.

Oct 02, 2018 13:10
John Abraham plans to open North East United academy before 2022
SHILLONG: John Abraham, Bollywood actor and the principal owner of Indian Super League (ISL) franchise NorthEast United FC (NEUFC) revealed on Monday that the Meghalaya city will get its first football training academy under the club’s brand, Press Trust of India reports.
Oct 02, 2018 12:10
4m+ children impacted by Reliance Foundation since 2016: Nita Ambani
SHILLONG: Nita Ambani, founder and chairperson of the Reliance Foundation and the Indian Super League (ISL) claims that the initiative has been well-received by 5,000 educational institutes across India and has reached more than 4 million children.
Sep 29, 2018 12:09
Andhra govt’s ambitious 'Sports City' project valued at Rs14.6bn
NEW DELHI: The Chandrababu Naidu-led government in the state of Andhra Pradesh has begun the process of building a specialized, world-class sports city within the city of Amaravati, ANI reports. The aim of this initiative is to host India's first-ever Olympic Games. The first phase of the project should be completed by 2021.
Sep 27, 2018 15:09
Malaysia’s Petronas strengthens investment in MotoGP
KUALA LUMPUR: Malaysia’s leading oil and gas MNC, Petronas has extended its sponsorship deal with MotoGP till the end of 2020 which will see the company trackside advertising at their home track, Sepang International Circuit, and Buriram International Circuit – hosts to the Malaysia and Thailand Grand Prix respectively.  
Sep 27, 2018 12:09
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PokerDangal’s PokerMet takeover shakes up online Indian poker industry
MUMBAI: PokerDangal, the wholly-owned subsidiary of Xeta Networks Pvt. Ltd. has acquired XLN Media's flagship online gaming business, Pokermet for an undisclosed amount. Such an acquisition has previously been unheard of in the online Indian poker industry.  
Sep 25, 2018 14:09
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Sindhu, Radha Kapoor Khanna among Forbes' 'Tycoons of Tomorrow'
MUMBAI: Forbes India has released its maiden 'Tycoons of Tomorrow' list featuring 22 young achievers in the fields of business, acting and sports.
Sep 25, 2018 13:09
Juventus aims for more fan connect with blockchain tie-up  
TURIN: Serie A giants Juventus announced on Tuesday that it has entered into a multi-year  strategic global partnership with blockchain-based fan engagement platform, Socios.com and will aim to launch the 'Juventus Official Fan Token' for its 340 million supporters worldwide in the first quarter of 2019.  
Sep 25, 2018 13:09
Tennis legend Billie Jean King named co-owner of MLB’s LA Dodgers
LOS ANGELES: Six-time World Series champions in USA’s Major League Baseball (MLB), the Los Angeles Dodgers have introduced American tennis legend Billie Jean King alongside her partner, Ilana Kloss as the new co-owners of the franchise.   "As someone born, raised and educated in Southern California, it is an honor to be part of the Dodger ownership group," King said.
Sep 22, 2018 13:09
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Amazon’s Alexa to provide EPL live commentary in India
MUMBAI: Alexa, the popular virtual assistant technology used in Amazon’s Echo range of smart speakers will be providing live commentary of all English Premier League matches in India by enabling its skill on command, Economic Times reports. 
Sep 22, 2018 13:09
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World Cup of women’s boxing returns to India after 12 years
NEW DELHI: The World Women’s Boxing Championships is set to take place in the capital city from 15-25 November this year with India being the host nation of the marquee event for the first time in 12 years, Press Trust of India reports. An official of the International Boxing Association (AIBA) said that all teams need to assemble in New Delhi on 13 November and the deadline for registrations is 5 October. 
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