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. 

Jun 01, 2020 18:06
MUMBAI: Private lender Yes Bank has disclosed to exchanges that it has acquired a 24.19% stake in direct-to-home service (DTH) provider Dish TV India by invoking share pledges, Financial Express reports. 
May 28, 2020 18:05
LONDON: The FIA has approved a new, reduced cost cap for F1 teams and a new sliding scale rule for aerodynamic testing after a vote of the World Motor Sport Council on Wednesday.
May 27, 2020 20:05
MUMBAI: India’s online gaming industry has attracted about $350 million in investments from venture capital firms between 2014 and first few months of 2020, growing at a CAGR of 22%, and by 2024, is set to be valued at $3.75 billion, according to a new study. 
May 25, 2020 19:05
AIZAWL: Mizoram has become the first state in India to accord industry status to sport, aiming to attract investments to bolster sports activities. 
May 22, 2020 18:05
MUMBAI: Info Edge (India) has announced that IE Venture Fund I, the technology major's investment vehicle, has entered into an agreement to invest about Rs 35 million in Fanbuff Esports India. Fanbuff Esports operates e-sports community engagement platform "Fanclash".
May 12, 2020 19:05
CITY FOOTBALL GROUP has agreed the acquisition of Lommel SK, making the second division Belgian outfit the ninth football club across the world that the Abu Dhabi-based CFG has a stake in. 
May 08, 2020 19:05
LONDON: After the owners of IPL franchise Kolkata Knight Riders confirmed interest in buying in to the the England and Wales Cricket Board’s The Hundred, the co-owner of Pakistan Super League team Multan Sultans Ali Khan Tareen has followed suit.  
May 07, 2020 18:05
MUMBAI: In a significant development in the Indian private equity investment space, Stepathlon Lifestyle announced Thursday the successful completion of a capital raise, for an undisclosed amount, from nine marquee investors across India, Australia, USA, UK and Canada. 
May 07, 2020 18:05
NEW YORK: Hollywood talent agency and entertainment giant Endeavor has agreed to sell its minority stake in Epic Games as part of the North Carolina-based company's latest fundraising round, which is expected to come at a valuation of more than $15 billion, according to Bloomberg and The Hollywood Reporter. 
May 06, 2020 19:05
MUMBAI: The owners of Indian Premier League franchise Kolkata Knight Riders have confirmed interest to investing in The Hundred, ECB’s unique 100-ball tournament, if the competition turns towards private investment next year. KKR CEO Venky Mysore told UK's The Telegraph on Tuesday that they would surely be keen to “explore” investment opportunities in The Hundred.