Investments

Feb 02, 2022 15:02
MADRID: Tuesday marked the official creation of LaLiga Group International, the new holding company that will coordinate Boost LaLiga, the strategic project joining LaLiga and global investment fund CVC, which has an 8.2% stake in the new company.
Feb 01, 2022 13:02
NEW DELHI: Finance Minister Nirmala Sitharaman, during her Budget speech for the financial year 2022-2023, announced that the government is going to set up an Animation, Visual Effects, Gaming, and Comics (AVGC) task force.  The task force will work with all stakeholders to recommend ways to realise the objective and build domestic capacity for serving India's markets and meet global demand as well.
Jan 31, 2022 19:01
HERZOGENAURACH, Germany: As a major year of sport commences, adidas continues its 'Impossible Is Nothing' story with the announcement of its biggest ever commitment to women. Driven by the belief that sport has the power to change lives, the brand will support those who are breaking down barriers and driving gender equity, on and off the field of play.
Jan 31, 2022 18:01
MUMBAI: The heat is on! With the BCCI scheduled to hold an e-auction for the Indian Premier League in mid-February, K Madhavan, president, Walt Disney Company India and Star India, in a calibrated set of interactions with a number of Indian media outlets, has publicly laid down a marker that the media giant was bullish on retaining its most valuable property.
Jan 27, 2022 21:01
MUMBAI: Lupa India, the Indian subsidiary of James Murdoch's investment company Lupa Systems, in which Uday Shankar, former chairman of Star India and president of Walt Disney Asia Pacific took a 51% stake in December, is reportedly making a major move into the Indian media and entertainment sector.  
Jan 20, 2022 19:01
HYDERABAD: Chief national badminton team coach Pullela Gopichand is now donning a new hat – that of a co-founder of Hyderabad-based Matchday.ai, which developed a sport analytics platform using artificial intelligence. Harsha Vardhan Kommana and Ganesh Yaprala are the other co-founders of Matchday.ai, which was set up in 2019.
Jan 19, 2022 17:01
REDMOND, Wash.: Microsoft Corp. announced plans Tuesday to acquire Activision Blizzard Inc., a leader in game development and interactive entertainment content publisher.  This acquisition will accelerate the growth in Microsoft’s gaming business across mobile, PC, console and cloud and will provide building blocks for the metaverse.
Jan 18, 2022 17:01
NEW DELHI: The Premier Handball League (PHL) on Tuesday announced Maharashtra Ironmen as the fourth team for the inaugural edition of the franchise-based league.  The team from Maharashtra is owned by Punit Balan of the Punit Balan Group.
Jan 18, 2022 17:01
MUMBAI: Sports media company Nazara Technologies has entered an agreement to acquire 55% controlling stake in programmatic advertising and monetisation company Datawrkz, for a total consideration of upto Rs 124 crore, valuing the company at Rs 255 cr.
Jan 17, 2022 18:01
LONDON: UK-based telecommunications giant Vodafone has announced a five-year partnership with Wimbledon as Official Connectivity Partner of The Championships and The All England Lawn Tennis & Croquet Club. While financial terms were not disclosed, UK's The Guardian reported it as a ‘multimillion pound’ deal.