Sporting Financial News

Virat Kohli, India's cricketing sensation and marketing powerhouse, has become the highest tax-paying cricketer in the country for FY2024, as per data from Fortune India magazine. Kohli's tax contributions amounted to an impressive Rs 66 crore, positioning him as the leading cricketer and the fifth highest taxpayer overall among Indian celebrities. According to Fortune India, «Virat Kohli emerged as the highest taxpayer from the country among sportspersons for the previous financial year, which ended on March 31, 2024. The star batter paid Rs 66 crore as taxes in the financial year.» His earnings reflect both his on-field success and his strong endorsement portfolio, making him one of the most marketable athletes globally. Also Read: Virat Kohli was the highest taxpaying sportsperson of FY24. Here's how much he paid

₹16,999.Customers can purchase the Amazfit GTR 4 New through Amazon or directly from Amazfit India’s official website. This smartwatch boasts a 1.45-inch AMOLED display with a resolution of 331 ppi, ensuring crisp visuals.

Roger Federer has questioned why Jannik Sinner was not provisionally suspended after the Italian world No. 1 failed two drugs tests earlier in the year. There were claims that Sinner was receiving preferential treatment. More recently, Sinner admitted that he got a frosty reception in the locker room at the US Open. Federer weighed in on the debate when speaking to NBC, saying: “I understand the frustration of, ‘Has he been treated the same as others?’ And I think this is where it comes down to”. “I think we all trust pretty much that Jannik didn’t do anything, but the inconsistency potentially that he didn’t have to sit out while they weren’t 100 per cent sure what was going on, I think that’s the question that needs to be answered.

India won its 20th medal at the Paris Paralympics, surpassing Tokyo’s 19 — medal mark. On Wednesday, Sachin Sarjerao Khilari – silver in men’s shot put F46 event — and Harvinder Singh — gold in men’s individual recurve open — added two more medals to push India’s count to 22. Considering that there was only one medal in London 2012 and just four in Rio 2016, the progress is staggering. Naturally, the rise in medals has coincided with the increase in the number of Indian athletes qualifying for the Paralympics. In another positive development, women athletes have outperformed men on many occasions. In Tokyo, all four badminton medals were won by men (Pramod Bhagat, Krishna Nagar, Suhas Yathiraj and Manoj Sarkar). In Paris, however, three women – Thulasimathi Murugesan, Nithya Sre Sivan and Manisha Ramadass – have made it to the podium, while only two men won the medals.

Our long National Tennis Center nightmare is over. One of the most maddening-slash-embarrassing droughts in recent sports history ends this weekend: A U.S. man will again play in the U.S.

Olympic Council of Asia (OCA) is set to elect their new leadership at the upcoming 44th OCA General Assembly set to take place at the Bharat Mandapam, Convention Centre, in New Delhi on September 8. Acting President of the Olympic Council of Asia, Randhir Singh, Minister of Youth Affairs and Sports, Mansukh Mandaviya, and top sports leaders from all 45 countries of Asia will be present on the occasion. The key event will officially announce the former international shooter and veteran sports administrator, Randhir Singh as the first Indian president of the OCA after he emerged as the sole candidate for the top post earlier this year.

Canadian families are still strapped for cash even as inflation cools and interest rates start to trend lower, new polling released Wednesday suggests.

ongoing Paris Paralympics 2024, winning a bronze. Devi's video clip, showcasing her precision by the use just her right foot, jaw support, and shoulder movement, went viral. Her moves were aptly summed up by Erik Solheim, Norway's environment minister, who wrote on X: "This is beyond possible! Sheetal Devi is poetry in motion..." Devi is one of 84 Indian athletes at the Paralympics.

In what will be written in history for Indian para sports, the track and field athletes showcased their might for the second consecutive day at the iconic Stade de France, bagging five medals — two silver and three bronze — as the country ended day six of the quadrennial showpiece at 17th place. In thrilling matches that were held simultaneously on late Tuesday, India grabbed four medals--two in men's high jump T63 event and two in javelin throw T63 event. In the high jump event, Sharad Kumar won silver, Mariyappan Thangavelu clinched bronze while in men's javelin throw F46 final, Ajeet Singh won silver, Sundar Gurjar settled for bronze.

Asked what was wrong, Kathuniya said, “I am not happy. If I tell you that I was regularly throwing 47-48m in practice, you will think I am lying. But that’s the truth and I should have done much better here. I am not happy with my effort. I did not win the silver here; I lost the gold.” “You just don’t want people to come and say ‘arre kya hua hai, silver toh aaya (what happened, you got silver)’. Silver aane ke liye yahan nahi aaye the, gold jitne ke liye aaye the (I didn’t come here to win silver, I came to win gold).” His disappointment was palpable. It was interesting to see someone not celebrating a silver medal.

Apollo Global Management Inc. co-founder Josh Harris’ alternative asset manager 26North Partners LP has struck its first private equity deal.

Netflix will reportedly stream 'Barbie' director Greta Gerwig's Narnia movie. Even though the OTT streaming giant is yet to make it official, there are reports that claimed first major casting for the film has been undertaken. This came six years after Netflix publicly announced in 2018 that Narnia Books will be adapted. In 2023, there were reports that Gerwig will helm the project, as per a report on WhatsOnNetflix. Netflix so far has not divulged any details regarding release date of Narnia movie, or who will feature as main cast.

Vinesh Phogat, the sports icon who, despite falling short of a medal, has etched her name in the annals of sporting history. On a rain-soaked evening in Jalandhar, thousands gathered at Lovely Professional University on August 29 for a felicitation event honouring the Olympic champions, which also included Vinesh Phogat. When Vinesh finally appeared, the cheers from the crowd were deafening. Despite her smiles, the sadness in her eyes was unmistakable. The rain seemed to echo her emotions, momentarily blurring her vision as she faced the throngs of fans who had come to honour her achievements. Even with the emotional weight she carried, the event soon transformed into a celebration of her indomitable spirit, with the crowd doing everything they could to lift her spirits.

Yusuf Dikec has become a global sensation after his nonchalant stance at the Paris Games went viral, capturing the attention of fans, fellow athletes, and even world's richest person like Elon Musk. This pose, characterized by his non-shooting hand casually tucked into his pocket, has sparked a frenzy of memes, comparisons to fictional spy James Bond, and widespread imitation both within and outside the sporting world. Recognizing the overwhelming popularity of his stance, Dikec has taken steps to protect his iconic pose by filing for a trademark with the Turkish Patent and Trademark Office. His coach, Erdinc Bilgili, revealed that the move was prompted by several attempts to trademark the pose without Dikec's knowledge or consent. «After being informed of numerous trademark registration initiatives carried out without Yusuf Dikec's knowledge, we submitted an application about a week ago,» Bilgili told AFP, adding that the «other applications have been rejected.» The decision to trademark the pose is not just about protecting Dikec's intellectual property but also about safeguarding the commercial use of his likeness. The viral nature of his pose has led to the creation of various memorabilia, including T-shirts, mugs, and mobile phone covers, all bearing his image. Turkish news channel TRT Haber reported the widespread sale of such items, further emphasizing the need for trademark protection.

Olympian wrestler Vinesh Phogat's political future continues to build, especially after the recent meeting of the Congress Central Election Committee (CEC). Following the meeting, AICC Haryana in-charge Deepak Babaria announced that the party's list of candidates for the upcoming Haryana polls will be released within two days. Babaria also stated that the party would confirm on Tuesday whether Vinesh Phogat will contest the Haryana election on a Congress ticket. Vinesh Phogat made headlines recently after her disqualification from the 50 kg gold medal bout at the Paris Olympics for being 100 grams overweight. The Court of Arbitration for Sport (CAS) also rejected her petition to be awarded a joint silver.

Morteza Mehrzadselakjani, has encountered unforeseen difficulties at the Paris Paralympic Games. The «Fatal Weapon,» Mehrzadselakjani, an Iranian who is eight feet one inch tall, has been forced to sleep on the ground because there aren't enough comfortable sleeping spaces. In contrast to the Tokyo 2020 Paralympics, where he was given a special bed, Paris has not made such an arrangement, as per the reports of Yahoo sports.

Mumbai: The newly merged entity of Star India and Viacom18 will boast a strong cash position exceeding ₹19,000 crore, factoring in Viacom18's current cash reserves and investments of ₹7,829 crore, and an infusion of ₹11,500 crore from Reliance Industries (RIL), officials close to the development said. Star is, however, unlikely to have any cash reserves currently, the people said. The cash pile will empower Star-Viacom18 to make major investments in its digital and sports businesses, which are anticipated to be loss-making in the short term. As per the agreement with Walt Disney, RIL will inject ₹11,500 crore into Star-Viacom18, gaining a controlling 56% stake.

Deepika Padukone is on cloud nine. The mom-to-be celebrated her impending motherhood with a spectacular photoshoot with her husband and ‘Bajirao Mastani’ co-star Ranveer Singh. In one sweep, she shared a special moment with her fans and also silenced trolls who had called her baby bump fake. Taking to her Instagram handle, the ‘Piku’ star shared some gorgeous black and white pictures that had her caressing her baby bump. Some even had her posing with Singh. In one magnificent photo, she is seen sporting a black lace bralette and a black suit and smiling her famous million-dollar dimpled smile. She is shown in another picture wearing a stunning translucent black dress that elegantly reveals her belly. In the most personal of the series, Deepika is seen standing with her husband, Ranveer Singh, while he tenderly caresses her growing baby tummy. Deepika is wearing another black dress.

Grant Jeide looked like another dude riding the rollicking waves left in the wake of a 23-foot (7-meters) boat hurtling through the water at speeds of up to 40 miles per hour on a Northern California river earlier this summer

Realty developer Omaxe Group has lined up Rs 2,500 crore to develop a sport centric project in Delhi’s Dwarka, company’s managing director Mohit Goel told ET. The project will include a cricket stadium in addition to retail and hospitality development. It has won the bid to develop 50.40-acres of land from the Delhi Development Authority (DDA). Omaxe will pay Rs 18 crore to the authorities every year for the next 30 years.

₹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.