Sporting Financial News

Online gaming company Nazara Technologies has raised Rs 855 crore (around $100 million) through a preferential issue of over 89 lakh fully paid equity shares to a group of investors. The funding was led by SBI Mutual Fund, which invested Rs 220 crore, with participation from notable investors such as Junomoneta Finsol (an associate of Plutus Wealth), Think Investments, Discovery Investments, CaratLane founder Mithun Sacheti, Jaipur Gems CEO Siddhartha Sacheti, Cohesion Investments, Chartered Finance and Leasing, Ratnabali Investments, and Aamara Capital. The fundraising, approved by Nazara’s board in September, increased the company’s paid-up equity share capital from Rs 30.6 crore to Rs 34.2 crore.

Scott O'Neil is set to become the next CEO of Saudi-funded LIV Golf

JioStar, the newly formed media behemoth spawned by the merger of Walt Disney’s Star and Viacom18, has the potential to reshape India’s media and entertainment landscape, Vice Chairman Uday Shankar says. “The merger gives us a strong foundation to innovate and experiment, paving the way for transformative change,” he tells Javed Farooqui and Vinod Mahanta in an in-depth conversation that touched upon subjects as diverse as industry structure, vision for the combined entity, and execution challenges in synergy capturing. Announced last week, the merger has created a company with Rs 26,000 crore ($3.1 billion) in combined revenue for FY24, reaching 750 million viewers through 115 TV channels under the Star and Colors brands. It also includes two of India’s leading streaming platforms, JioCinema and Disney+ Hotstar. In this exclusive interaction, Shankar discusses the vision for building India’s largest media and entertainment company, the challenges of competing with global tech giants, strategies to address sports business losses, and the future for television that many believe is in an attritional decline. Edited excerpts: Will the scale of JioStar be able to create a powerful differentiating factor? This merger presents a tremendous opportunity to redefine the relationship between content and consumers, as well as with key stakeholders like advertisers and distributors.

Subscribe to enjoy similar stories. The idea to eat clean and shed some extra pounds always peaks during this time of year, whether it is to fit into that sparkly dress or to get a head start on a New Year’s resolution. In the last few years, a range of detox recipes and cleanses have become popular— be it the Hollywood-approved Master Cleanse diet that involves drinking a concoction of water, lemon juice, cayenne pepper and maple syrup through the day for 10 days, sticking to a diet of only green juices, or eating salads for several days.

A commercial affiliate of the Major League Baseball Players Association reached a licensing agreement with FanDuel after agreeing to dismiss a lawsuit against the company

Galaxy S25 Ultra and S25 Plus models were also seen on the BIS database, further fuelling speculation that the launch of the Galaxy S25 series is imminent.The standard model of the Galaxy S25 has been spotted with the model number SM-931B/DS, as per reports from 91mobiles. This is a clear progression from last year's Galaxy S23, which carried the model number SM-921B/DS.

Prince Harry's latest Netflix docuseries 'Polo' is out. Prince and Meghan Markle's new Netflix venture is set to premiere on the streamer next month. The series 'Polo' is the Sussesex’s latest project for the streaming giant but Harry and Meghan face a barrage of ridicule over their new Netflix show. In fact, friends have reportedly branded the show “tacky.” The behind-the-scenes docuseries shows the dramatic side to the sport of polo drops on December 10. Polo is produced by Archewell Productions, the firm Prince Harry shares with Meghan Markle, and Boardwalk Pictures. Both Harry, 40, and Meghan, 43, served as executive producers on the project, People said in a report.

Venue : Queens Sports Club, Bulawayo Zimbabwe squad - Craig Ervine, Dion Myers, Tashinga Musekiwa, Brandon Mavuta, Brian Bennett, Sean Williams, Sikandar Raza, Clive Madande, Joylord Gumbie, Tadiwanashe Marumani, Blessing Muzarabani, Faraz Akram, Richard Ngarava, Tinotenda Maposa, Trevor Gwandu Pakistan squad - Abdullah Shafique, Irfan Khan, Saim Ayub, Tayyab Tahir, Aamer Jamal, Kamran Ghulam, Salman Agha, Haseebullah Khan, Mohammad Rizwan, Abrar Ahmed, Ahmed Daniyal, Faisal Akram, Haris Rauf, Mohammad Hasnain, Shahnawaz Dahani Zimbabwe vs Pakistan Match Details 2nd ODI of Pakistan tour of Zimbabwe, 2024 between Zimbabwe and Pakistan to be held at Queens Sports Club, Bulawayo at 01:00 PM.

Vir Das, who secured his first International Emmy last year, returned to the prestigious event as its host, becoming the first Indian to emcee the ceremony. The event, presented by the International Academy of Television Arts & Sciences (IATAS), was held at the New York Hilton Midtown. For audiences in the United States, the ceremony was broadcast live from 5:00 PM to 11:00 PM EST. For Indian viewers, the awards event was available for streaming on Emmys.tv from 3:30 AM to 9:30 AM IST on Tuesday, November 26. This year’s Emmy Awards featured 56 nominations from 21 countries, underlining its stature as a truly international platform for recognising television excellence. The nominations spanned 14 categories, encompassing Arts Programming, Best Actor, Best Actress, Comedy, Documentary, Drama Series, Kids’ Animation, Kids’ Factual & Entertainment, Kids’ Live-Action, Non-Scripted Entertainment, Short-Form Series, Sports Documentary, Telenovela, and TV Movie/Mini-Series.

Two towers at Detroit’s iconic Renaissance Center would be razed and the complex converted to a mix of housing and offices under an ambitious $1.6 billion plan announced on Monday

Formula 1 will expand the grid in 2026 to make room for an American team that is partnered with General Motors

money laundering case against a website that allegedly indulged in online betting on 2023 Lok Sabha election results apart from an illegal broadcast of IPL cricket matches, the agency said on Monday. A provisional order under the Prevention of Money Laundering Act (PMLA) was issued last week (November 22) to attach demat account holdings and immovable assets like land plots, flats and commercial warehouses located at Ajmer (Rajasthan), Kutch (Gujarat), Daman, Thane and Mumbai (Maharashtra) in the case against the portal named Fairplay, it said in a statement. The central agency said Fairplay was involved in «illegal broadcasting of cricket/IPL matches and various online betting activities including results of Lok Sabha Elections 2024.» The total value of these assets is Rs 219.66 crore, the ED said.

Kejriwal on Sunday emphasised his government's developmental achievements and pledged to complete unfinished projects if re-elected in the upcoming Delhi Assembly polls due early next year. Addressing a gathering at a wrestling event in Karala village of Mundka, the Aam Aadmi Party (AAP) leader claimed, «The kind of work that has taken place in Delhi has not happened anywhere else in the country.» Kejriwal announced that India's largest sports university, with an estimated cost of Rs 2,100 crore, will be constructed in Mundka. «This will be a milestone in Delhi's journey toward becoming a hub for sports excellence,» he said.

RCB IPL Auction LIVE Updates: Royal Challengers Bengaluru have retained just three players Virat Kohli, Rajat Patidatrt and Yash Dayal ahead of IPL 2025 Mega Auctions. The Bengaluru-based franchise have let go of their skipper Faf du Plessis along with a number of other key players like Glenn Maxwell, Akash Deep and Mohammed Siraj. After spending 21 crores on Virat, 11 crores on Patidar and 5 crores on Dayal, RCB are left with 83 crores to pick the rest of their squad.

PBKS IPL Auction LIVE Updates: Preity Zinta's Punjab Kings have decided to rejig their team after releasing all their star power and only retaining two uncapped players, Shashank Singh and Prabhsimran Singh, for ₹5.5 crores and ₹4 crores, respectively. After leaving out key players like Kagiso Rabada, Shikhar Dhawan, Arshdeep Singh and Jitesh Sharma, PBKS have the highest amount of remaining purse at ₹110.5 crore along with 4 Right to Match slots, meaning they have an opportunity to rebuild a new side to finally win the coveted IPL trophy next year.The high purse amount means that PBKS can target some of the most coveted players at this year's auction including Rishabh Pant, KL Rahul and even Shreyas Iyer. The first priority for the Kings would be to find a captain that they can build a side around, followed by some crucial big hitters and some quality pacers to replace the outgoing batch.PBKS IPL Auction LIVE Updates: Speaking about bidding for Pant, Ponting said, "Oh look, we've spoken about lots of players in the auction.

Venue : Queens Sports Club, Bulawayo Zimbabwe squad - Craig Ervine, Dion Myers, Tashinga Musekiwa, Brandon Mavuta, Brian Bennett, Sean Williams, Sikandar Raza, Clive Madande, Joylord Gumbie, Tadiwanashe Marumani, Blessing Muzarabani, Faraz Akram, Richard Ngarava, Tinotenda Maposa, Trevor Gwandu Pakistan squad - Abdullah Shafique, Irfan Khan, Saim Ayub, Tayyab Tahir, Aamer Jamal, Kamran Ghulam, Salman Agha, Haseebullah Khan, Mohammad Rizwan, Abrar Ahmed, Ahmed Daniyal, Faisal Akram, Haris Rauf, Mohammad Hasnain, Shahnawaz Dahani Zimbabwe vs Pakistan Match Details 1st ODI of Pakistan tour of Zimbabwe, 2024 between Zimbabwe and Pakistan to be held at Queens Sports Club, Bulawayo at 01:00 PM.

climate agreement on Sunday, at the Cop29 conference in Baku, though developing countries criticised the $300 billion annual commitment from affluent historic emitters as inadequate.

LIV Golf has shaken up golf’s traditional framework with its team-oriented franchise model and global competitive schedule. Under the leadership of CEO Greg Norman, LIV Golf has firmly established itself as a contender for the future of the sport. Norman speaks with ANAND DATLA about the league’s continued rise, deepening roots in Asia, franchise model, and the future of golf. Excerpts

IOA if a regulatory board comes into existence, sports minister Mansukh Mandaviya has asserted that the body is an essential step towards ensuring good governance and does not intend to interfere in day-to-day operations. The establishment of a Sports Regulatory Board is one of the key features of the draft National Sports Governance Bill, which the government intends to introduce in the Parliament soon.

Oppo Find X8 yesterday, during an event in Bali. This device sports a range of flagship features, including a quad-camera setup powered by Hasselblad and a range of new AI features.