Cricket Financial News

₹8.4 lakh for the Yogeshwar Dutt Wrestling Academy and the Mary Kom Regional Boxing Academy. FairPlay India, another betting platform with over 115,000 followers on Instagram, features actor Jacqueline Fernandez as its brand ambassador. In a video from May, Fernandez states that FairPlay is "India’s most trusted platform" for various sports, including cricket and tennis.

Champions Trophy 2025, scheduled to be hosted by Pakistan, has stirred discussions in the cricketing world, especially regarding India's potential participation. Despite being chosen as hosts, Pakistan faces challenges due to the ongoing political tension between the two nations, which has hindered any bilateral cricketing series since 2013.

Jay Shah’s election as the Chairman of the International Cricket Council (ICC). In a post on X (formerly Twitter), Banerjee wrote, “Congratulations, Union Home Minister!!! Your son has not become a politician, but has become the ICC Chairman — a post much much more important than most politicians'!!! Your son has indeed become very very powerful and I congratulate you on his this most elevated achievement indeed! Kudos!!”

TV18 Broadcast and Network18 Media and Investments surged up to 13% to their respective day’s high of Rs 54.26 and Rs 106 on BSE after the Competition Commission of India (CCI) approved the merger between Reliance Industries-promoted Viacom18 and Walt Disney-owned Star India. The shares of TV18 Broadcast rose 13.2% while those of Network18 Media surged 10%.

Walt Disney Co and Reliance Industries won approval from the Competition Commission of India (CCI) on Wednesday for an $8.5 billion merger of their Indian media assets after offering concessions relating to their grip on broadcasting rights for cricket, India's favourite sport. Here are the key points raised in the CCI's initial assessment, according to a confidential letter sent to the companies on Aug. 19 and reviewed by Reuters: MARKET POSITION

Pakistan Cricket Board has named 22-year-old Fatima Sana as their captain, replacing Nida Dar for the upcoming ICC Women's T20 World Cup in UAE from October 3-20. The 37-year-old Nida is going through a lean patch and the team under her suffered T20I and ODI series defeats in England before making a semi-final exit in the Women's Asia Cup last month. The selectors however have retained Nida in the squad that has at least 10 players who appeared in the last edition of the global showpiece.

Congress leader and Leader of the Opposition in the Lok Sabha, Rahul Gandhi on Saturday renewed his call for a nationwide caste census and pointed out the lack of representation of women from Dalit, Tribal, or Other Backward Classes communities in the "Miss India pageant list." Addressing a gathering at the Samvidhan Samman Sammelan in Prayagraj, Gandhi said, «I checked the list of Miss India to see if there would be any Dalit or tribal woman in it, but there was no women from Dalit, tribal or OBC.» He criticised the media for being unconcerned about farmers and labourers and said, «Still the media talks about dance, music, cricket, Bollywood but does not talk about farmers and labourers.»

Virat Kohli on Sunday hailed Shikhar Dhawan as one of India's most dependable openers, noting that while his fervour, sportsmanship and signature smile will be missed, his enduring legacy will forever resonate. The premier top-order batter, Dhawan announced his retirement from all form of cricket on Saturday. «Shikhar @SDhawan25 from your fearless debut to becoming one of India's most dependable openers, you've given us countless memories to cherish. Your passion for the game, your sportsmanship and your trademark smile will be missed, but your legacy lives on,» Kohli wrote on X.

KL Rahul, the Indian wicketkeeper-batter, has spoken about the intense impact the «Koffee with Karan» controversy had on him. «The interview was a different world. That changed me. Completely changed me,» Rahul stated in a podcast with Nikhil Kamath, which featured Bollywood stars Kriti Sanon and Badshah. The incident, which occurred five years ago, left him 'massively scarred' and resulted in significant changes to his personality. Following controversial remarks about women made alongside fellow cricketer Hardik Pandya on Karan Johar's talk show, both players faced severe backlash, resulting in their suspension prior to an ODI series against Australia. «I was a very shy, soft-spoken boy growing up. Then I played for India and became very confident, I had no problem being in a huge group of people. People will know I have been in a room of 100 people because I would talk to everyone.

Cricketers, both past and present, are making equity investments or even turning founders of various new ventures, joining a growing cohort of celebrities looking beyond traditional endorsements. MS Dhoni has acquired a stake in IPO-bound jewellery maker Bluestone, while venture fund Peak XV Partners is set to back star batsman Sachin Tendulkar’s sports shoe startup, said people briefed on the matter. According to filings, former cricketer Yuvraj Singh has taken a stake in sports athleisure firm Agilitas Sports, founded by Abhishek Ganguly, who was managing director of Puma India. “From focusing on endorsement deals, athletes are now taking greater interest in equity deals, as well as deeper roles in company operations – especially for the ones who have retired from international cricket but built a large brand value,” said one person aware of the deals. “This is becoming a much bigger area of interest–similar to global celebrity deals.”

Shikhar Dhawan announced his retirement from all forms of cricket two years after he last donned the national jersey, saying that he leaves the scene a content man after representing the country in all three formats. The 38-year-old made his international debut in 2010 in an ODI against Australia in Visakhapatnam and his last India game was also a 50-over match, against Bangladesh in 2022. «As I close this chapter of my cricketing journey, I carry with me countless memories and gratitude. Thank you for the love and support! Jai Hind!,» Dhawan said in a post on 'X'.

Jay Shah, the current secretary of the Board of Control for Cricket in India (BCCI), has emerged as the leading candidate to succeed Greg Barclay as the International Cricket Council (ICC) chair. The BCCI is confident that Shah will be elected unopposed, given the widespread support he has received from various cricket boards, which have expressed their desire for him to lead the global cricket body, a top source from the board has confirmed. To secure his nomination, the ICC requires a proposer and a seconder. Reports indicate that England and Australia are likely to back Shah's candidacy, further solidifying his bid for the top position.

₹39 crore in funding from Dubai-based real estate company, Brickwork Development. This investment values the retired cricketer league at ₹350 crore and will support it as it prepares for its next season from 11 September, according to the company. The upcoming season will be held in India and Qatar and will feature six teams composed of recently retired international cricketers.

Raveendran, the embattled founder of Byju's, appeared close to settling his company's payment dispute of Rs 158 crore with the Indian cricket board after approval by the National Company Law Appellate Tribunal (NCLAT). However, on August 14, theSupreme Court intervened by staying the NCLAT order that had approved the settlement agreement between Think & Learn Pvt Ltd--Byju's parent company--and the Board of Control for Cricket in India (BCCI), adding to the woes of the troubled edtech firm. On Thursday, the apex court rejected pleas by Byju's and BCCI to halt a meeting of the Committee of Creditors (CoC) in its ongoing insolvency case. The court will hear the matter next on August 27.

Supreme Court on Thursday refused to pass an interim order to ensure that the committee of creditors (CoC) does not hold any meeting in pursuance of the insolvency proceedings against embattled ed-tech firm Byju's. A bench comprising Chief Justice D Y Chandrachud and Justices J B Pardiwala and Manoj Misra, however, said it will accord the final hearing in the matter on August 27. The bench said the developments, which may take place in the meantime, can be negated if it finds there was no merit in the appeal of the US-based creditor Glas Trust Company LLC against the judgment of the insolvency body — National Company Law Appellate Tribunal (NCLAT). At the outset, senior advocate Abhishek Singhvi, appearing for Byju's, and Solicitor General Tushar Mehta, representing the Board of Control for Cricket in India (BCCI), said the CoC has been constituted in the meantime and 98 per cent stakes are with the US firm.

Disney and Reliance have offered some concessions to secure an India antitrust approval for their $8.5 billion media merger, but are unwilling to sell any cricket broadcast rights, the biggest prize in the deal, two sources familiar with matter said. Reuters reported earlier this week that the Competition Commission of India (CCI) sent a warning notice to the companies expressing concern that their merged entity will have a tight grip on most cricket rights for TV and streaming in India, and can hurt advertisers. In their response, the companies have offered to go easy on advertising rate hikes and not increase them unreasonably, the sources said.

Prime Minister Narendra Modi has paid homage at the 'Good Maharaja Square,' a monument in memory of the late Maharaja of Jamnagar in Warsaw, the capital of Poland. According to the Indian Embassy website, eight Polish primary and secondary schools are named after Jam Saheb, known as 'Good Maharaja' in Poland. The memorial monument – comprising a small brick pillar with inscriptions on it – was unveiled in October 2014 at the Square of the Good Maharaja, Ochota district in Warsaw.

Reliance may force the companies to sell some lucrative cricket broadcast rights or commit to advertising price caps. Reuters reported earlier this week that the Competition Commission of India (CCI) has sent a warning notice to the companies expressing concern that the merged entity will effectively have a monopoly on cricket broadcast rights worth billions of dollars, allowing it to squeeze advertisers. Neither the companies nor the regulator have commented as the process is confidential.

scooter on Thursday at Rs 73,700 (ex-showroom), after much social media teasers on it. The new model boats a fresh design as well as several new added features such as Bluetooth, Call and Text, Voice Assist, Navigation, and even a Cricket Score Update. Beginning with its design, the new model boasts a completely refreshed appearance, including a modern LED headlamp, a front LED light bar with integrated turn indicators and hazard lamps. At the rear, it features an LED light bar with an emergency brake warning light. Buyers can select from four variants and seven color options, with the LED light bar available starting from the mid-spec variants. Additionally, the model features a follow-me headlamp and auto-reset turn indicators.

T20 World Cup, two people familiar with the matter said. Sydney Morning Herald was the first to report that Star has pressed for a renegotiation. India lifted the ICC Men’s T20 World Cup, which was held in the US and the West Indies to promote cricket in newer geographies; however, many advertisers skipped the event since fewer Indians were likely to watch these matches due to inconvenient timings, in a setback for Star.