Sporting Financial News

The Philadelphia 76ers have won city council approval for a $1.3 billion downtown arena despite vocal opposition from nearby residents

Subscribe to enjoy similar stories. A common trait among many successful entrepreneurs, says Harsh Jain quoting a study, is that they were average academic students. “When you’re an entrepreneur, you can do your market sizing, research, etc.

Subscribe to enjoy similar stories. Kia India, known for its sharp focus on sport utility vehicles (SUVs), is treading with flexibility in the dynamic Indian passenger vehicle market, where regulatory uncertainty and shifting consumer trends often leave automakers scrambling for direction. Gwanggu Lee, managing director and CEO of Kia India, emphasized the importance of agility over rigid strategies, pointing out that committing to a single course could be perilous.

Subscribe to enjoy similar stories. During one of the busiest shopping weekends of the year, Nike was the only brand to have a 30% discount on most of its footwear at Macy’s famous Herald Square location in New York City. Nike is in a race for cash.

Subscribe to enjoy similar stories. Glenn Maxwell’s book The Showman, with Adam Collins, is meant to read like a story told in a pub. That’s how the Australian cricketer would like this book to be considered.

Subscribe to enjoy similar stories. It isn’t often that an Indian athlete prevails over a Chinese competitor, but that happened last week in Singapore. Eighteen-year-old Indian grandmaster Dommaraju Gukesh became the youngest-ever undisputed world chess champion by defeating 32-year-old Ding Liren of China in the final game of a 14-game championship.

The timing is not shocking; Ashwin is 38 years old. The space is not unusual; Ashwin misses more Tests than he plays in countries such as Australia. But time and space taken together as one construct, the basis for Einstein’s Theory of Relativity – which Ashwin the engineer will only be too familiar with – ensure that there will be more questions than answers, in this case. The conspiracy theorists will insist that it was the insult of being repeatedly left out of the Test team that pushed Ashwin over the edge. The pragmatists will point to the fact that Washington Sundar’s emergence has ensured that his senior colleague isn’t even an automatic second choice spinner when playing in Australia, England, South Africa or New Zealand. The inner circle in cricket will remind the world that only a player truly knows when he or she is finally done.

Smasher Sports, backed by global investment firm Terra Invest and former Wimbledon tennis player Ashok Amritraj-backed Hyde Park Entertainment, has acquired the Delhi Franchise of the World Pickleball League (WPBL), the company said on Wednesday. “The investment underscores the league’s potential to transform the country’s sports entertainment landscape,” the statement said. The WPBL features six teams and is affiliated with the All India Pickleball Association (AIPA).

Mohammed Bin Salman, MBS for his devout, it may be the biggest victory yet in his push to use sport as a way to lure tourists, build influence and improve the country's image. “This is huge for MBS and the Saudi state. Arguably the pinnacle of their sports strategy so far,” said Stanis Elsborg, head of Play the Game, a Denmark-based research body into ethical standards in sport told Bloomberg. “But for MBS, it’s not just about hosting a tournament.” ALSO READ: Elon Musk's net worth reaches record high. Here's how he built his venture

The Federal Trade Commission says it will soon require hotels, vacation rental platforms and live event promoters to disclose any fees up front when they list prices

Subscribe to enjoy similar stories. After Sony Pictures Networks India’s $10-billion merger with Zee Entertainment fell apart earlier this year, the network’s new managing director and CEO, Gaurav Banerjee, is rolling out a bold strategy to reset operations. Banerjee, known for his sharp programming instincts, has zeroed in on three priorities—reviving Sony Entertainment Television (SET), ramping up premium live sports, and driving subscriptions on SonyLIV.

The PGA Tour is hiring a CEO for the first time

Should underage gambling no longer be a crime

Mansukh Mandaviya flagged off the 'Fit India Cycling Drive' at the Major Dhyan Chand National Stadium here on Tuesday. Close to 500 cycling enthusiasts joined the three kilometres ride from the stadium to Raisina Hills and back, the initiative aimed at promoting cycling as a sustainable and healthy mode of transportation. The event was flagged off by Mandaviya in the presence of Raksha Khadse, the minister of state (Sports), MP Tejasvi Surya, as well as elite athletes, including Paris Paralympics bronze medallist Simran Sharma, Commonwealth Games gold medallist Nitu Ghanghas and Asian Games bronze winner Preeti Pawar. Mandaviya said in a press release, «We have launched this event as 'Fit India Cycling Tuesdays' but for the convenience of cycling enthusiasts, this will now be conducted on Sundays and be called 'Sundays on Cycle'.

New Jersey’s red-hot internet gambling market continued to smash records in November, even as revenue inside physical casinos continued to lag behind pre-pandemic levels at six of Atlantic City’s nine casinos

Subscribe to enjoy similar stories. Shriram Finance Ltd, one of India’s leading financial services companies, recently launched its first major brand campaign featuring cricket legend Rahul Dravid. In an exclusive conversation with Mint, Elizabeth Venkatraman, executive director, marketing, Shriram Finance, explained the thinking behind the campaign, the company’s brand-building priorities and how they navigate a market that demands both trust and seamless digital experiences.

Subscribe to enjoy similar stories. Mahindra & Mahindra has surpassed Tata Motors as India’s third-largest carmaker thrice in the second half of 2024 on new launches at a time cooling electric vehicle sales and an ageing line-up have hurt the fortunes of the Tata Group company. In August, September, and November, Mahindra, the maker of Thar sport utility vehicle (SUV), cornered 12.64%, 12.64%, and 13.14% share of the nation’s passenger vehicle market, respectively, showed a Mint analysis of the government's vehicle registration data compiled by Fada Research.

Daniel Penny, a former Marine recently acquitted of criminally negligent homicide, attended the Army-Navy football game as a guest of honor with President-elect Donald Trump and Vice-President-elect JD Vance.

Las Vegas Strip to the record-breaking crowds watching Caitlin Clark sink dazzlingly deep 3-pointers, 2024 featured superstars rising to meet the moment. Just 10 months after signing a then-record $700 million, 10-year contract, Shohei Ohtani of Japan took the Los Angeles Dodgers to the World Series, where the team beat the New York Yankees for the title. The Boston Celtics won their league-best 18th NBA championship ring. In Las Vegas, the Kansas City Chiefs celebrated their second straight Super Bowl title with the most famous fan on the planet, Taylor Swift, cheering on her boyfriend, tight end Travis Kelce. One athlete, though, best captured the zeitgeist of 2024: Clark.

Subscribe to enjoy similar stories. India's chess prodigy Gukesh Dommaraju scripted history on Thursday, outsmarting reigning champion China's Ding Liren to become the youngest world champion after a fortnight-long battle of nerves and knack. As the news poured in from Singapore, marketers had found a new mascot.