Investments

MUMBAI: India’s growing reputation as a potential racquet sports hub is all set to get a massive boost with the launch of the World Pickleball League (WPBL), the first-ever professional pickleball league, envisaged by Natekar Sports and Gaming (NSG) and Sony Entertainment Talent Ventures India (SETVI).

NSG, is a company promoted by ‘former Davis Cup star and Arjuna Awardee Gaurav Natekar and his wife, ‘Arati Ponnappa Natekar, also a former India #1 in Tennis. SETVI is a joint venture between Sony Music Entertainment and Sony Pictures Entertainment.

Feb 12, 2020 15:02
NEW YORK: Facebank Group, Inc., a leading digital human technology company focused on the development, protection and activation of digital likeness assets for celebrities and consumers, and Authentic Brands Group (ABG), a global brand development, marketing and entertainment company, Tuesday announced a joint business development agreement "to pursue and share revenue opportunities from the digital likenesses of ABG-owned
Jan 31, 2020 16:01
LONDON: Racing Point are set to morph into Aston Martin Racing for the 2021 Formula 1 season, following a significant investment into the iconic British automobile brand by a consortium led by Racing Point’s current owner, Lawrence Stroll.
Jan 30, 2020 19:01
KOCHI: Serie A giants AC Milan are all set to open three international academies in Kerala in collaboration with local company Calicut Sports City LLP this year. 
Jan 27, 2020 20:01
MUMBAI: New York-based investment fund Tiger Global Management, which reportedly has $3.8 billion in hand to fuel its deals, is likely to lead a $500 million funding round in fantasy gaming platform Dream11 at a valuation of $2.5 billion, Livemint reports.
Jan 22, 2020 18:01
MIES (Switzerland): FIBA, the world governing body of basketball, Wednesday announced that it has entered into a strategic partnership agreement with GCBH LP, a US entity backed by a group of experienced sports and media investors, to take Basketball Champions League (BCL) to its next level and reshape the landscape of club competitions in Europe and beyond.  
Jan 20, 2020 19:01
BHUBANESWAR: Odisha Chief Minister Naveen Patnaik on Sunday exhorted startups and entrepreneurs to invest in sports as the state is promoting the sector in a big way.
Jan 17, 2020 20:01
KOLKATA: “We would never sell our club. We will always go by what our fans and members say. They want investors to come but keeping the dignity of the club intact will be our priority. Our members will strive hard to run the club, come what may.” 
Jan 15, 2020 16:01
ATLANTA: Comcast NBCUniversal has announced the launch of SportsTech, a global accelerator for sports technology startups. 
Jan 11, 2020 11:01
As the clock ticks down to the 2020 edition of the country's biggest running event - the Tata Mumbai Marathon - a new partnership that will kick in for event promoters Procam International on race day is with Franklin Templeton. The fund house has come on board as Investment Partner for all of Procam's four running events. 
Jan 10, 2020 19:01
MUMBAI: Coming together in a public show of unity for only the second time in over a decade, television broadcasters under the benner of the Indian Broadcasting Foundation (IBF) on Friday sounded the alarm bell against the Telecom Regulatory Authority of India's new tariff order (NTO 2.0), asserting it would jeopardise content creation, impact jobs and cripple growth - a veritable recipe for disaster.