Investments

Feb 23, 2021 15:02
NEW DELHI: The Indian gaming market stands at $930 million today and the industry is predicted to soon grow bigger than the music, movie and television industries put together, according to a report by the Internet and Mobile Association of India (IAMAI) and Ikigai Law, titled ‘Unpacking a Billion Dollar Industry: Digital Sports & Games in India’. 
Feb 22, 2021 17:02
NEW DELHI: Tech Mahindra Ltd., one of the fastest growing global IT companies and a leading provider of digital transformation, consulting and business re-engineering services and solutions, Monday announced the launch of a phygital (physical and digital) Global Chess League. 
Feb 18, 2021 13:02
HERZOGENAURACH, Germany: After 15 years of ownership, adidas has begun the formal process aimed at divesting its Reebok brand.
Feb 16, 2021 15:02
MUMBAI: The Indian advertising industry is expected to see recovery in 2021 with ad investments estimated to reach Rs 80,123 crore (Rs 801.230 billion), which is a 23.2% growth over 2020 and 3.35% growth over 2019 ad expenditure of Rs 82,9040 crore (Rs 829.040 billion). These are the findings of the 2021 edition of the GroupM futures report ‘This Year, Next Year’ (TYNY).
Feb 15, 2021 14:02
MUMBAI: With almost 29 million subscribers, Disney+ Hotstar makes up 30 percent of the Disney+ subscriber base, but the inclusion of the former has brought down the average monthly revenue per paid subscriber down to $4.03 from an ARPU of $5.56 for Disney+.
Feb 12, 2021 19:02
LONDON: The Professional Squash Association (PSA) has signed a landmark multi-year agreement with Infront, a Wanda Sports Group company, which will see the leading sports marketing agency become a strategic commercial partner of the global governing body for professional squash.
Feb 11, 2021 18:02
LONDON: European Golf Design Limited (EGD) is poised for a new direction following a change in the ownership structure of the renowned golf course design company.
Feb 10, 2021 12:02
BENGALURU: IPO-bound Nazara Technologies Limited Tuesday announced that the Indian gaming and sports media platform has raised Rs 1 billion from Instant Growth Limited (IGL), which is advised by Hornbill Capital Advisers LLP.  IGL is an investment vehicle of the North America based limited partners (LPs) of Hornbill Orchid India Fund.  
Feb 10, 2021 09:02
BENGALURU: Health and wellness platform Cure.fit Tuesday announced the acquisition of Fitternity, one of the largest fitness facilities aggregators in the country.  This acquisition comes close on the heels of its acquisition of Onyx, a California based digital fitness company last month, that is expected to enhance its digital offerings in India and abroad.
Feb 09, 2021 18:02
REDWOOD CITY, Calif. Electronic Arts announced Monday it has reached a definitive agreement to acquire Glu Mobile Inc., a leading global developer and publisher of mobile games including Design Home, Covet Fashion, and MLB Tap Sports Baseball.