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.

Sep 04, 2018 14:09
Brazilian legend Ronaldo acquires 51% share in Spain’s Real Valladolid 
MADRID: La Liga club Real Valladolid has found a principal owner in former Brazilian star and World Cup winner, Ronaldo. He has bought a 51% share in the club and subsequently becomes the president of its board of directors. However, he confirmed on Monday that Carlos Suarez, the club’s current president, will retain his individual post as a part of the ownership agreement. 
Sep 04, 2018 13:09
Fanatics to continue as Chelsea’s official online retailer 
LONDON: Premier League heavyweights Chelsea announced on Saturday that it has re-entered into a multi-year partnership with Fanatics, the online retailer for operating its revamped ChelseaMegastore.com service. 
Sep 04, 2018 13:09
TAKE Solutions to sponsor PGTI event named after Jeev Milkha Singh
CHANDIGARH: The Professional Golf Tour of India (PGTI) has honoured ace Indian golfer Jeev Milkha Singh by naming a tournament, Take Open Golf Championship, after him. The Chandigarh leg of the domestic PGTI Tour will henceforth be called the Jeev Milkha Singh Invitational Presented by TAKE Solutions.
Sep 04, 2018 12:09
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eSports federation to launch grassroots programme: Report
MUMBAI: eSports seems to be peaking at the right time and the Indian market has got a massive boost with Bhuj's Tirth Mehta winning a Bronze medal at the first entry of the sport at the Asian Games 2018. 
Sep 03, 2018 14:09
ISL’s Jamshedpur FC finalizes Tim Cahill signing 
JAMSHEDPUR: The Tata Steel-owned Jamshedpur FC of the Indian Super League (ISL) took to Twitter on Saturday to officially announce that it has signed up Australia’s all-time leading goal-scorer, Tim Cahill for the fifth season of the competition starting later this month. 
Sep 03, 2018 13:09
FINA’s two premier world events to be sponsored by Chinese bank
SHANGHAI: FINA, the world’s governing body of swimming has announced that China's Shanghai Pudong Development Bank Credit Card Center (SPD Bank CCC) will become its official partner for the sport’s top two events, the FINA Swimming World Cup 2018 and FINA World Swimming Championships (25m) 2018. 
Sep 03, 2018 12:09
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West Bengal plans to form sports development policy
KOLKATA: West Bengal chief minister Mamata Banerjee has said the state is planning to roll out a sports policy so as to provide benefits to promising young talent.
Sep 01, 2018 16:09
Coca-Cola to sponsor Tokyo 2020’s Torch Relay, ‘Hope Lights Our Way’ 
TOKYO: One of the worldwide partners of the Olympic Games, Coca-Cola’s subsidiary in Japan has been named as the first presenting partner of the Tokyo 2020 Games’ Torch Relay named ‘Hope Lights Our Way’ that will begin on 26 March 2020 in Fukushima and travel during 121 days to all 47 prefectures in Japan, showcasing the varied cultural and scenic attractions of each region. 
Sep 01, 2018 16:09
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Dhoni strikes Rs150m deal with German cybersecurity firm
PUNE: Former India captain MS Dhoni continues to be a huge favourite amongst marketers in the country and abroad as well as he has signed a 3-year deal with German cybersecurity company, WardWiz worth Rs 150 million, Economic Times reports. WardWiz has its India operations in the city of Pune and offers security solution products for both PCs and mobiles.
Sep 01, 2018 14:09
Chennai’s ICF, Nike to sponsor heptathlete Barman’s customised shoes
CHENNAI: Asian Games 2018 gold medallist heptathlete Swapna Barman is likely to receive customised shoes from global sports brand Nike, Press Trust of India reported on Friday. It was the General Manager of the city-based Integral Coach Factory (ICF), S Mani who instructed the Sports Branch to get in touch with Nike for designing the shoes and sending them to Barman at the earliest in Jakarta according to sources. 
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