Investments

DALLAS, TX: Pickleball, billed as America’s fastest-growing sport, is going after a new frontier - India. The United Pickleball Association (UPA), which was created after a merger between Major League Pickleball and the Professional Pickleball Association in the US last February, and India-based Global Sports have inked a deal to bring the PPA Tour and Major League Pickleball to the country.

As a part of the partnership, the organizations will launch key initiatives to the country, promoting the rapidly-growing sport to a young market. 

Dec 21, 2023 18:12
BENGALURU: Japanese sports performance brand ASICS is eyeing expansion in India by adding 50 new stores by 2025. In a press release issued Wednesday, ASICS stated that its first mono-brand store would open in 2026, giving Indian consumers access to an expanded global product portfolio.
Dec 21, 2023 18:12
Zee Entertainment Enterprises Ltd (ZEEL) and Culver Max Entertainment Private Limited (CMEPL aka Sony Pictures Networks India Pvt Ltd - SPNI) have an additional month beyond the December 21 deadline to finalise their $10 billion India operations merger, Bloomberg reports.
Dec 18, 2023 17:12
The wait for closure on the merger proposal between Zee Entertainment Enterprises Ltd (ZEEL) and Culver Max Entertainment Private Limited (CMEPL aka Sony Pictures Networks India Pvt Ltd - SPNI) has just got longer. But no one is surprised. 
Dec 15, 2023 16:12
BENGALURU: The CEAT Indian Supercross Racing League (ISRL) continues its momentum as it proudly announces the inclusion of Reise MotoSports, the sixth team, in its inaugural season.  Owned by Reise Moto, Reise MotoSports is set to add a new dimension to the world of Indian Supercross.
Dec 14, 2023 20:12
The Odisha government and Tata Steel on Wednesday signed an MoU to establish high-performance centres (HPCs) for archery and sport climbing.
Dec 14, 2023 19:12
With the December 21 deadline to close their merger agreement looming, Zee Entertainment Enterprises Ltd and Culver Max Entertainment (aka Sony Pictures Networks India), appear no closer to agreement on who will lead the combined entity.
Dec 14, 2023 18:12
NEW YORK: 1440 Foods,a leading portfolio of sports and active nutrition brands, announced the signing of a definitive agreement for Bain Capital Private Equity to acquire a significant stake in the company, in partnership with existing investor and operator 4x4 Capital.
Dec 13, 2023 20:12
Sportswear startup Agilitas Sports, co-founded by former Puma India MD Abhishek Ganguly, has secured funding of Rs 100 crore ($11.9 million) from venture capital firm Nexus Venture Partners.  The funding would help Agilitas accelerate its growth plans and solidify its end-to-end capabilities from research and manufacturing to retail.
Dec 06, 2023 20:12
AHMEDABAD: Seven sports startup companies have been shortlisted for the Pitchbook Competition during the country’s first ever Gujarat Sports Startup Conclave, slated to be held on December 11 at the TransStadia University in Ahmedabad. Over 60 sports startup companies had registered for the Conclave as the window for applying came to an end on December 02.
Dec 05, 2023 20:12
There are serious doubts now over whether the next Commonwealth Games (CWG), scheduled for 2026, will take place. This comes after Australia's Gold Coast on Monday ruled itself out of hosting the quadrennial multi-sport event.  It bears noting that Gold Coast is the second potential Australian host of the 2026 Games to have "dropped the baton" on the event after Victoria earlier pulled the plug on it.