Investments

NEW DELHI: Sports marketing company Rhiti Group, fronted by Indian cricketing icon MS Dhoni, has announced a partnership with Mumbai based convenience services provider Stanvee "to help elevate their brand experience and public profile". 

An agreement to this effect, which also involved Rhiti taking up equity stakes in Stanvee India, was signed by Arun Pandey, chairman & managing director (CMD), Rhiti Group and Suraj Kumar Behera, CMD, Stanvee Group, recently.

Financial terms and size of equity holding were not disclosed.

Jun 27, 2022 06:06
NEW DELHI (June 07): In a massive boost for Ultimate Kho Kho, corporate giants Adani Group and GMR Group have acquired the Gujarat and Telangana franchises respectively in the league, which is poised for a 2022 launch with an aim to promote the homegrown sport.
Jun 27, 2022 04:06
DOHA, Qatar: Group ONE Holdings(ONE) and Media City Qatar have signed a Memorandum of Understanding (MoU) to develop a strategic long-term partnership, collaborating in the production and development of a wide range of global content in Qatar across multiple media sectors, including original programming, studio shows, and esports, that will strengthen Qatar’s growing media ecosystem.
Jun 26, 2022 17:06
NEW DELHI: In what can be termed as a massive boost to the Ultimate Kho Kho (UKK), the Odisha government has taken ownership of a team in the soon-to-be-launched professional league. It will be the second direct sports venture for the Odisha government, which also owned a team — Kalinga Lancers — in the Hockey India League in 2013.
May 20, 2022 18:05
LAUSANNE: The International Olympic Committee Friday published its 2021 Annual Report, following its approval by the IOC Members on the final day of the 139th IOC Session, held remotely from Olympic House here.
May 20, 2022 17:05
NEW YORK: Major League Cricket (MLC), promoted by Times Group-led American Cricket Enterprises (ACE), USA Cricket's commercial rights partner, has announced an initial close of a $44 million Series A and A1 fundraising round. 
May 19, 2022 17:05
RAJKOT: Marwadi University (MU), which has a declared commitment to nurturing future athletes across all sporting categories, asserts it has till date invested over Rs 8 cr (Rs 80 million) with a plan to build a strong sporting ecosystem to complement academics.   
May 16, 2022 17:05
LONDON: IMG ARENA, a leading sports data and technology business, announced Monday a strategic investment in Swedish computer vision specialist Signality.  Providing IMG ARENA with a controlling interest, the investment will enhance IMG ARENA’s data collection capabilities with leading computer vision and camera technologies.
May 16, 2022 17:05
CHENNAI: India's erstwhile tennis capital Chennai will see the return of an international tournament for the first time since 2017 with a WTA 250 event to be held here from September 26 to October 2.
May 13, 2022 14:05
DUBAI: The Emirates Cricket Board Thursday completed its calibrated announcements of the owners in the ECB's upcoming franchise-based T20 League. Indian Premier League (IPL) franchise Kolkata Knight Riders (KKR) will now have a sister team in the UAE T20 league as the Knight Riders Group (KRG) have acquired the rights to own and operate the Abu Dhabi franchise. 
May 13, 2022 11:05
MUMBAI: The BCCI's value pitch for the Indian Premier League's digital rights just got some serious heft with the declaration by the Walt Disney Company in an earnings call that Disney+ Hotstar had added over 4 million new subscribers in the March quarter, "which benefited from the start of the new IPL season".