Business Intelligence

Jan 16, 2019 13:01
RIO DE JANEIRO: Brazil’s Institute for Applied Economic Research (IPEA), a public sector institution in the South American nation, has concluded in its latest research that hosting the 2016 Olympic Games in Rio de Janeiro has proven to have had a positive impact on the local economy.
Jan 14, 2019 14:01
NEW DELHI: A study named 'Benefits of Cycling in India: An Economic, Environmental and Social Assessment' by The Energy and Resources Institute (TERI) has advocated for the uses of bicycles instead of two-wheeler and four-wheeler vehicles for short distance trips or going for the workplace.
Jan 12, 2019 12:01
MUMBAI: Indian batting maestro Sachin Tendulkar announced the termination of his contract with Spartan Sports, the Australian company in which he was an investor and an advisory board member after payment defaults running into tens of millions. Spartan has courted controversy in the last 12 months over defaulting on payments running upto Rs. 600 million. 
Jan 09, 2019 16:01
NEW YORK: Discovery, Inc., the global leader in real life entertainment, Tuesday announced the purchase of a 71% controlling stake in Play Sports Group – the digital sports media company behind market-leading cycling brands Global Cycling Network, Global Mountain Bike Network and Global Triathlon Network. 
Jan 07, 2019 13:01
MUMBAI: Former Indian cricket captain MS Dhoni has expanded his business interests further by signing an exclusive, long-term content creation deal with production house Banijay Asia through his newly floated company Dhoni Entertainment, Economic Times reports.
Jan 05, 2019 12:01
LONDON: DAZN, the world’s first pure sport live and on-demand streaming service named Ben King as its new senior vice president (SVP) of Global Partnerships and Business Development.
Jan 04, 2019 15:01
LAHORE: The Pakistan Cricket Board (PCB) has been left red-faced after its confidential letter to the Punjab state government which contained consolidated financial statements of all Pakistan Super League (PSL) franchises for the 2016 and 2017 season, was accidentally sent to all of them and leaked to the media, ESPNcricinfo reports.
Jan 03, 2019 14:01
LONDON: Premier League heavyweights Chelsea FC announced profits after tax worth £62 million ($78 million) during the 2017-18 season, which is an all-time record for the club. This was achieved primarily due to a 22.7% increase in revenues to £443.4 million ($556 million). It is also the first time that Chelsea exceeded the £400 million ($502 million) mark.
Dec 21, 2018 15:12
NEW YORK: Major League Baseball and the Major League Baseball Players Association (MLBPA) jointly announced today an agreement with the Cuban Baseball Federation (FCB) that will provide Cuban baseball players with a safe and legal path to sign with an MLB club.
Dec 20, 2018 11:12
MUMBAI: The Premier Badminton League (PBL) on Wednesday announced its association with Child Rights and You (CRY), an NGO working for child rights for the last four decades to use it as a vehicle to promote children's cause through sports, IANS reports. CRY operates in five Indian cities – Mumbai, Bengaluru, New Delhi, Chennai and Kolkata.