Investments

Agilitas acquires exclusive rights for Lotto brand in India, Oz, SA

SportzPower Team

Apr 19, 2024 20:04

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Indian sports and athleisure company Agilitas Sports has acquired exclusive licensing rights to design, manufacture, and distribute Italian shoe brand Lotto in India, Australia, and soon South Africa for a period of 40 years for an undisclosed fee.

Agilitas Sports, which acquired the rights from WHP Global, is co-founded by former PUMA India and South-East Asia managing director Abhishek Ganguly.

Feb 14, 2024 15:02

ZEE to completely re-evaluate sports portfolio: Punit Goenka

Is Zee Entertainment Enterprises Ltd exiting sports? It might well turn out that way? ZEE managing director Punit Goenka, speaking at an investors' call after the network announced its Q3 financial results, has outlined the future course for the Indian media major in the wake of the collapse of its planned $10 billion merger with Culver Max Entertainment (aka Sony Pictures Networks India).

Feb 07, 2024 20:02

PUMA refutes reports of Virat Kohli switching to Agilitas Sports

PUMA on Wednesday refuted reports that cricketing superstar Virat Kohli, arguably the country's biggest brand endorser, was switching allegiance from the country's leading athleisure brand to Agilitas Sports Pvt Ltd, a company set up last year by Abhishek Ganguly, its former India MD.

Feb 07, 2024 19:02

Nazara Tech logs highest ever quarterly revenue, PAT up 47%

It was barely two months ago (November 2023) that cries of doom and gloom were heard from stakeholders in the Indian online real money gaming industry following the GST Council’s decision to impose 28% Goods and Services Tax on the sector.

Feb 06, 2024 18:02

Promoter commits Rs100cr+ for Women’s Handball League

NEW DELHI: India is set to witness its first-ever professional Women’s Handball League (WHL), which will be featuring prominent players from the Middle East, South East, Europe, and Africa.

Feb 02, 2024 16:02

ECB revamps women’s pro game structure, ups investments

The England and Wales Cricket Board (ECB) has announced "the next stage" in the evolution of women’s cricket in Great Britain with the creation of a three-tiered domestic competition structure and a shift in the ownership model underpinning the women’s professional game.

Feb 01, 2024 20:02

PGA Tour strikes $3bn deal with Fenway-led Strategic Sports Grp

PONTE VEDRA BEACH, Fla.: The PGA Tour – in partnership with Strategic Sports Group (SSG) – announced Wednesday the launch of PGA Tour Enterprises, a new commercial venture under the PGA Tour’s control, and in a first-of-its kind program, nearly 200 PGA Tour members will have the opportunity to become equity holders in this new company.

Feb 01, 2024 18:02

Ajay Devgn invests in World Championship of Legends

MUMBAI: Hindi film A lister Ajay Devgn is making a strategic investment in the upcoming World Championship of Legends, a T20 Tournament set to take place at Edgbaston Stadium in Birmingham, England. The tournament is scheduled to run from 3rd July to 18th July, featuring retired "legends" of the game.

Feb 01, 2024 11:02

Disney agrees terms to sell 60% of its India biz to Viacom18: WSJ

The deal is reportedly done and now all that remains is "to dot the i's and cross the t's". The Walt Disney Company has reached an agreement to sell 60% of its India business to Viacom18, the Wall Street Journal reports.

Jan 31, 2024 20:01

ISPL co-owners bid combined Rs1,165cr for 6 city teams

MUMBAI: The Indian Street Premier League (ISPL), India’s pioneering tennis ball T10 cricket tournament to be played inside a stadium, Wednesday announced the results of the ‘Invitation to Bid’ for co-owners of the six city teams.

Jan 31, 2024 18:01

'Unable to comment': RIL on Viacom18-Disney merger talks

Reliance Industries Ltd was on Tuesday non-committal on reports of a potential merger between RIL controlled Viacom18 with Disney's India unit.

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