Investments

NEW YORK, NY: GroupM, WPP’s media investment group, Wednesday announced its commitment to double media investment for annual women’s sports with the creation of a dedicated marketplace. 

GroupM will seek first look and first-to-market opportunities beginning with the 2024-2025 Upfront alongside advertisers including adidas, Ally, Coinbase, Discover, Google, Mars, Nationwide, Unilever, Universal Pictures, among others.  

Jan 08, 2024 20:01
MUMBAI: The Indian Street Premier League (ISPL), India’s pioneering tennis ball T10 cricket tournament to be played inside a stadium, proudly announces Bollywood Star couple, Saif Ali Khan and Kareena Kapoor Khan as owners of the Kolkata team. The Pataudi legacy shines with this collaboration as Saif Ali Khan’s father, Mansoor Ali Khan Pataudi was a famous Indian cricketer and Indian cricket team former captain.
Jan 08, 2024 18:01
The long in tooth soap opera that has been the proposed $10 billion merger of the India operations of Zee Entertainment Enterprises Ltd (ZEEL) and Culver Max Entertainment Private Limited (CMEPL aka Sony Pictures Networks India Pvt Ltd - SPNI) is reportedly dead in the water.  
Dec 25, 2023 06:12
Manchester United plc announced Sunday that it has entered into an agreement under which British billionaire Jim Ratcliffe, chairman of INEOS, will acquire 25 per cent of Manchester United’s Class B shares and up to 25 per cent of Manchester United’s Class A shares for $1.3 billion and provide an additional $300 million intended to enable future investment into Old Trafford. 
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.