Investments

Dec 14, 2021 12:12
BEAVERTON, Oregon: NIKE, Inc. Tuesday announced the acquisition of RTFKT, a leading brand that leverages cutting edge innovation to deliver next generation collectibles that merge culture and gaming, making a big step to the NFT (non-fungible token) world. The move by the sportswear giant will lead to more creation of virtual collectibles for the metaverse space.
Dec 14, 2021 10:12
MUMBAI: Nodwin Gaming has acquired a strategic 10% stake in the digital content IP media network Rusk Media.  To assert its dominance in the Indian esports ecosystem, the company has been on an expansion and consolidation spree since its funding in March this year. With this investment in Rusk Media, Nodwin Gaming aims to deepen and widen its portfolio of content IPs in the gaming and esports ecosystem.
Dec 13, 2021 13:12
NEW DELHI: The organisers of the upcoming Premier Handball League have unveiled realty firm Shatvik Corporation, with diversified pigments and agrochemicals interests through its group companies, as owners of the Rajasthan Wolverines franchise in the six-team PHL.
Dec 13, 2021 10:12
NEW DELHI: Mobile gaming contributes more than 90% to the current $1.6 billion gaming market in the country, according to the latest report by the Internet and Mobile Association of India (IAMAI). India is currently home to over 430 million mobile gamers and the number is estimated to grow to 650 million by 2025, according to the study accessed by IANS. 
Dec 13, 2021 10:12
MUMBAI: The wait gets longer. And yet more timelines set by the Board of Control for Cricket in India are set to come and go. 
Dec 11, 2021 06:12
MADRID: The LaLiga General Assembly Friday ratified the Boost LaLiga (LaLiga Impulso) project with backing from a large majority of clubs. The project is a strategic agreement reached with global investment fund CVC (the same one that recently won the bid to own the new Ahmedabad franchise in the Indian Premier League) to promote the global growth of LaLiga and its clubs.
Dec 10, 2021 15:12
MUMBAI: Indian edtech major Byju's Friday announced the appointment of Rachna Bahadur as the senior vice president to lead its global expansion plans.
Dec 07, 2021 20:12
MUMBAI: Reports late last week that Punit Goenka, managing director and CEO of Zee Entertainment Enterprises Ltd, had flown to Los Angeles to sign off on the proposed merger between Zee and Sony Pictures Networks India (SPN), have gained further heft.
Dec 07, 2021 19:12
DUBAI: GameOn Entertainment Technologies Inc., a leading game technology provider to media, sports and entertainment companies, has announced a strategic partnership with Polygon & Polygon Studios to build NFT-Based games on their Ethereum-based scaling platform. 
Dec 07, 2021 19:12
MUMBAI: The Board of Control for Cricket in India has announced enhancement in the yearly grant to its affiliate bodies in the North East from Rs 10.8 crore to Rs 12.5 cr, from the next financial year, Sikkim Cricket Association (SICA) president Lobzang G Tenzing informed on Monday. According to a statement issued by Tenzing, the enhancement will boost the cricket activities in the North-east.