Infrastructure

Delhi-based Omaxe Ltd announced Monday that the realty firm's wholly owned subsidiary and SPV - Worldstreet Sports Center - will be developing India's first integrated multi sports facility consisting of an international cricket and football stadium, an indoor stadium along with a retail and hospitality hub spread across an area of 50.40 acres in Delhi's Dwarka area for around Rs 1,500 crore ($180 million). 

The cost of construction will be funded through internal accruals and the company is expecting a revenue of around Rs 2,500 crore through the sale of retail units. 

Apr 09, 2024 19:04
NEW YORK: KPS Capital Partners, through a newly formed affiliate, has signed a definitive agreement to acquire Sport Group TopCo GmbH, including the AstroTurf, Polytan, Rekortan and Laykold brands. Completion of the transaction is expected in the second quarter of 2024 and is subject to customary closing conditions and approvals. 
Apr 03, 2024 19:04
PUNE: Royals Sports Group-owned franchise Rajasthan Royals on Tuesday announced the launch of an academy in Pune, expanding its footprint in the state of Maharashtra.  The facilities at the JusCricket Academy in Pune will become the newest addition to the growing Royals’ Academy ecosystem, and will be rebranded as the Rajasthan Royals Academy, Pune. 
Apr 03, 2024 18:04
Cricket Victoria Tuesday launched the Melbourne Cricket Academy, in partnership with KheloMore Sports, led by former Indian international cricketer Jatin Paranjape, to launch the MCA into the Indian school system.
Apr 02, 2024 19:04
WEST PALM BEACH, Fla: USPA Global has announced that U.S. Polo Assn., the official brand of the United States Polo Association (USPA), has delivered a record $2.4 billion in global retail sales in 2023.
Mar 27, 2024 20:03
BENGALURU: The Bengaluru Torpedoes Volleyball Academy in India was officially recognised as a Volleyball Centre of Excellence in the country as the FIVB and Bengaluru Torpedoes signed a Memorandum of Understanding (MoU) last week.
Mar 19, 2024 20:03
BENGALURU: Sports tech company Game Theory has forged a strategic partnership with Credence Family Office, a leading multi-family office.  The collaboration aims to accelerate Game Theory's expansion plans to bring its multi-sport facilities and immersive training platforms to more sports enthusiasts across Bengaluru.
Mar 18, 2024 20:03
French sports retailer Decathlon is accelerating its investments to ramp up production and enhance its retail presence further in India, one of its "most important" global markets, its Global CEO Barbara Martin Coppola has said.
Mar 18, 2024 20:03
Qatar will stage its third global FIFA tournament after the FIFA Council awarded the Gulf state multi-year hosting rights to the U-17 World Cup. The first Arab nation to stage a World Cup in 2022, Qatar will now see FIFA's expanded 48-team flagship men's youth tournament arrive on an annual basis between 2025 and 2029. Morocco will host the U-17 Women’s World Cup yearly over the same five-year period.
Mar 15, 2024 20:03
U.S. Polo Assn., the official brand of the United States Polo Association (USPA), has opened its largest store in India in Bengaluru. 
Mar 14, 2024 19:03
PARIS: India is a "big priority" market for Decathlon, and the French sports retailer expects the country to be among its top five global markets within the next five years, helped by expansion of store network and increased local sourcing, according to a top company official.