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. 

Feb 01, 2024 18:02
MUMBAI: Hindi film A lister Ajay Devgn is making a strategic investment in the upcoming World Championship of Legends, a T20 Tournament set to take place at Edgbaston Stadium in Birmingham, England.  The tournament is scheduled to run from 3rd July to 18th July, featuring retired "legends" of the game.
Feb 01, 2024 11:02
The deal is reportedly done and now all that remains is "to dot the i's and cross the t's". The Walt Disney Company has reached an agreement to sell 60% of its India business to Viacom18, the Wall Street Journal reports.
Jan 31, 2024 20:01
MUMBAI: The Indian Street Premier League (ISPL), India’s pioneering tennis ball T10 cricket tournament to be played inside a stadium, Wednesday announced the results of the ‘Invitation to Bid’ for co-owners of the six city teams. 
Jan 31, 2024 18:01
Reliance Industries Ltd was on Tuesday non-committal on reports of a potential merger between RIL controlled Viacom18 with Disney's India unit.
Jan 30, 2024 18:01
The National Company Law Tribunal (NCLT) on Tuesday accepted a petition by a Zee Entertainment Enterprises Ltd shareholder seeking the merger of ZEE with Culver Max Entertainment Ltd (aka Sony Pictures Network India), which was called off last week despite regulatory approvals, PTI reports.
Jan 30, 2024 16:01
The All India Pickleball Association (AIPA), the body that lays claim to governing the fledgling sport in India, has inked a long term deal with Natekar Sports and Gaming (NSG) to organise a pickleball league in India.  NSG is founded and promoted by Gaurav Natekar, former India no 1 tennis player, double Asian Games gold medallist and Arjuna Awardee.
Jan 27, 2024 17:01
Third time has certainly not been a breeze for The Walt Disney Company and its investments in India. It was in July 2018 that The House of Mouse completed the takeover of 21st Century Fox for all of $71.3 billion. And the valuation of Fox's India unit Star TV at the time? $16bn! 
Jan 24, 2024 18:01
Zee Entertainment Enterprises Ltd (ZEE) has moved the National Company Law Tribunal (NCLT) against Sony's decision to call off the merger of the two media majors, news agency PTI reported, citing an official filing.
Jan 24, 2024 17:01
NODWIN Gaming has acquired Comic Con India, a company famous for hosting multiple pop cultural festivals targeting youth in India.  This acquisition not only diversifies NODWIN Gaming's youth portfolio but also marks a strategic expansion in the global entertainment landscape, the company stated in a release.
Jan 23, 2024 18:01
Shares of Zee Entertainment Enterprises Ltd. were locked in a revised lower circuit of 30%, falling to their lowest in over three years, on Tuesday as brokerages downgraded the stock after Sony Group Corp.'s Indian unit terminated the merger agreement. Shares of ZEE nosedived 30.50 percent on January, breaking a series of extended lower circuits through the day and hitting its 52-week low of Rs 152.50.