Sporting Financial News

Puma said it continued to be India's largest sports and apparel brand on the back of a 10% increase in sales last calendar year amid top management attrition and slowing demand for discretionary products. For the fiscal year ended December, its revenue stood at ₹3,274 crore, as per filings with the Registrar of Companies, much higher than that of rivals Adidas, Nike and Reebok and Skechers, and fast fashion brands Zara and H&M. Puma said it is shifting its strategy to a sports and performance-first brand instead of just lifestyle and athleisure.

Oppo F27 5G is priced at Rs. 22,999 for the 8GB RAM + 128GB storage variant. Additionally, there is a model with 8GB of RAM and 256GB of storage available at Rs.

Raygun, also known as Rachael Gunn, was under heavy criticism recently following her Olympic performances in Paris. Australian university lecturer, 36, participated in the breaking (breakdancing) competition, but her outrageous performance choices and manner drew a lot of criticism. Her routines, which included moves like the sprinkler and kangaroo-inspired hops, were heavily criticized online. This reaction had significant effects on the small but passionate hip-hop community in Australia, as per the reports of Yahoo sports. Within the Australian breaking scene, the backlash against Raygun caused a stir. Many thought her performance fell short of the high expectations they have for someone performing on such a big stage. Australian hip-hop pioneer Spice said that the unfavorable press appeared to be pushing their local scene back and questioned the expectations for Olympic representation. In spite of the criticism, several in the community stood up for Raygun, saying that any objective assessment of her work was eclipsed by the harsh criticism coming from all around the world.

European shares climbed on Monday, led by retail and basic resources stocks, with investors bracing for a data-heavy week with a focus on U.S. Federal Reserve Chair Jerome Powell's speech at Jackson Hole for clues on potential rate cuts. The pan-European STOXX 600 index closed 0.6% higher, touching an over three-week high in broad-based market gains, after having notched its biggest weekly gain in three months.

Jordan Chiles, a two-time Olympian and Olympic gold medalist, finds herself at the center of a heated controversy following the women's floor exercise final at the 2024 Paris Olympics. Despite the Court of Arbitration for Sport (CAS) ruling that led to Romanian gymnast Ana Barbosu being awarded the bronze medal, Chiles has made it clear that she has no intention of returning her own bronze medal, which she still holds, as per a report by Fox News.

NEW DELHI : Insurance is the first step towards financial planning. We buy policies to insure ourselves against unfortunate events. However, having insurance does not always guarantee protection.

World Nomad Games, often described as the Olympics of Central Asia, are just around the corner, ready to bring together the diverse and historically rich cultures of nomadic peoples from across the globe. From September 8 to 13, Astana, the capital of Kazakhstan will host this. The World Nomad Games are a competition and are a celebration of the ancient sports and lifestyles that have been passed down through generations. Over 2,000 participants from around 100 countries will converge in Astana to compete in 21 sports that reflect the skills and traditions of nomadic peoples. The fifth World Nomad Games in Astana will showcase not only sporting events but also intellectual disciplines. This year’s program includes exotic sports such as mas-wrestling, the national sport of Yakutia; Ovari, an intellectual game from West Africa; and Mangala, a strategic game from Türkiye. Ovari, an intellectual game from West Africa, was first documented by English explorer Richard Jobson in 1620.

Pro Kabaddi League (PKL), which has completed 10 years and is gearing up for its 11th season, has helped create confidence among investors about the viability of non-cricket sporting leagues, said a senior executive. «When a league like PKL goes into its season 11, we are also helping to create some market confidence that non-cricket sports leagues and the business of sport can grow,» said Anupam Goswami, league commissioner, PKL. Many non-cricket sporting leagues were launched on the lines of the Indian Premier League (IPL), but many of them — such as the Indian Tennis Premier League, Premier Badminton League and Pro Wrestling League — are either dormant or have shut down.

acting debut! Direction Anurag Kashyap recently unveiled the first-look poster of Sooraj Cherukat as Bheera in the forthcoming Malayalam film ‘Rifle Club’. Directed by Aashiq Abu, this movie marks Kashyap's debut in the Malayalam film industry. The poster showcases Sooraj sporting sunglasses while aiming a gun at someone. Anurag introduced Sooraj as Bheera, who will portray his son in the film. Earlier, Anurag announced the project with a video on Instagram, stating, «Excited to announce my first Malayalam film as an actor with @aashiqabu. Thrilled to be a part of this significant moment in Malayalam cinema. OPM Cinemas in collaboration with TRU Stories Entertainment. Produced by Aashiq Abu, co-produced by Vincent Vadakkan and Vishal Vincent Tony (sic).»

Vinesh Phogat returned to India on Saturday after her Paris Olympics 2024 journey, greeted by an overwhelming crowd of supporters. Hundreds of fans gathered outside the Indira Gandhi International (IGI) airport in New Delhi to welcome her back, despite the disappointment of her disqualification from the Olympics for being overweight after reaching the 50kg final. Vinesh’s appeal against this disqualification was also rejected by the ad-hoc division of the Court of Arbitration for Sport (CAS), adding to the emotional weight of her return. Vinesh's arrival at her home village Balali was marked by a deeply emotional reunion with her uncle and mentor, Mahavir Singh Phogat. The embrace they shared resonated with many, capturing the emotional toll of her Olympic journey and the support she received from her family, particularly during her most challenging moments. This reunion, which was widely shared on social media, moved many of her supporters and fans, highlighting the strong bond between Vinesh and Mahavir. Throughout Vinesh’s struggles during the Olympics, Mahavir had been a steadfast pillar of support, offering encouragement even as the weight of her disqualification weighed heavily on her.

Olympics, wrestler Vinesh Phogat said that her fight against the Wrestling Federation of India (WFI) would continue and hoped that «truth will prevail». Hundreds of supporters had gathered outside the IGI airport here on Saturday to give a rousing welcome to Vinesh who was disqualified for being overweight after reaching the 50kg final at the Olympics. Vinesh's appeal against her disqualification was rejected by the ad-hoc division of the Court of Arbitration for Sport (CAS). On her way to Balali from Delhi, Vinesh was felicitated by her supporters and khap panchayats in several villages as it took her almost 13 hours to cover 135 kms.

shooter Manu Bhaker's coach Jaspal Rana has slammed the national federation's «ever-changing» Olympic selection policy, saying that it has hurt some of the most promising talents in the past and will damage more youngsters if there is no consistency going forward. Rana, a pistol legend in his own right who won three Asiad gold medals in the 2006 edition, hardly minced words as he questioned the federation's tendency to make last-minute changes to its policy, and its stubborn refusal to acknowledge or facilitate the presence of shooters' personal coaches at national camps and trials. He made these observations during a visit to PTI headquarters with Bhaker, who won bronze medals in 10m air pistol and 10m air pistol mixed team (alongside Sarabjot Singh), for an interaction with its editors on Friday. «The (federation's) selection policy changes every six months. I met the sports minister and told him 'get the selection policy from the federation. Let them decide… whatever they decide, right or wrong, we are not discussing that, and then stick to it'.

Officials in China say BMW is recalling more than 1.3 million vehicles that may have Takata airbag inflators following a similar recall in the U.S. last month

Majhi Ladki Bahin" scheme for eligible women, with Chief Minister Eknath Shinde hinting at doubling the monthly stipend from Rs 1,500 to Rs 3,000 if the alliance is voted to power in elections. More than 1 crore women are expected to benefit from this scheme whose launch coincided with Rakshabandhan festivities beginning Monday. The Shiv Sena-BJP-NCP government, facing a tough assembly polls battle against the opposition Maha Vikas Aghadi in coming months, came up with the «Mukhyamantri Majhi Ladki Bahin» scheme, months after a debacle in Lok Sabha elections in Maharashtra. The scheme, modelled on the MP government's «Ladli Behna Yojana», provides monthly Rs 1,500 assistance to the married, divorced, and destitute women in the 21-60 age group with Rs 2.5 lakh annual family income ceiling.

undergraduate programs. Students who completed the counseling registration form can see the seat allocation results at bhucuet.samarth.edu.in, the official website. Candidates can see the first round's allocation outcome by providing their application number and birthdate.The outcome of the seat distribution will be determined by the candidates' CUET UG scores, merit rankings, selected courses, and preferences. By August 20 (5:00 pm), at the latest, students must submit the acceptance fee in order to confirm their seat assignment. It is required of the candidates to finish the admissions process promptly; any possibility of not doing so would result in the loss of the reserved seat.

Pro Kabaddi League (PKL) franchises spent Rs 33.7 crore on the 20 most sought-after Kabaddi players during the Season 11 Player Auction. The franchises spent Rs 17.7 crore on the first day of the auction on August 15, followed by Rs 16 crore the next day. Bengal Warriorz spent Rs 4.90 crore during the auction, followed by Bengaluru Bulls (Rs 4.94 crore), Dabang Delhi K.C. (Rs 4.12 crore), Gujarat Giants (Rs 4.93 crore), Haryana Steelers (Rs 4.99 Crore), Jaipur Pink Panthers (Rs 4.86 Crore), Patna Pirates (Rs 4.64 Crore), Puneri Paltan (Rs 4.67 Crore), Tamil Thalaivas (Rs 4.96 Crore), Telugu Titans (Rs 4.68 crore), U Mumba (Rs 4.91 crore), and UP Yoddhas (Rs 4.87 crore). In Category, Tamil Thalaivas and Haryana Steelers acquired Sachin and Mohammadreza Shadloui Chiyaneh for over Rs 2 crore, making Chiyaneh the first international player to earn over Rs 2 crore in consecutive years.

Eric Lamaze owed the plaintiffs more than $786,000.The case lasted 15 years and Lamaze had argued he couldn’t take part because he had terminal cancer – but another judge in the same case ruled the evidence Lamaze submitted to prove he was receiving treatment wasn’t “credible or reliable.”“I’ve carried the weight of this on my shoulders,” Karina Frederiks, the daughter of the plaintiffs, said while growing emotional, minutes after the Aug. 8 ruling.Her family’s stable, Iron Horse Farm, sued Lamaze in 2010, initially claiming he sold them three horses for show jumping who couldn’t perform as promised before narrowing the case down to two horses in question.Lamaze denied any wrongdoing in his defence statement.An Ontario judge ruled in the stable’s favour, noting Lamaze failed to appear in final proceedings.The lawsuit was one of many involving the Olympic equestrian gold medallist.

The launch of Venu Sports will be delayed after a federal judge granted FuboTV’s motion for a preliminary injunction against the planned sports streaming venture by ESPN, Fox and Warner Bros

Barcelona but was left anxious and tense after it came to be known on Wednesday night, that his father, Mounir Nasraoui, had become a victim of stabbing. Yamal's father was rushed to the hospital immediately following the incident, where he had to undergo treatment in the serious care unit, and reportedly, is out of danger.

telecom operators have fallen 12% to ₹1,335 crore for the fiscal ended March 31 from ₹1,516 crore in the previous fiscal, even as two of the three operators have shown a decline in content investments, as per the figures sourced from the annual reports of these companies. In the last few years, telecom operators have been heavily focused on acquiring content from TV broadcasters, besides partnering with streaming platforms, to build stickiness and drive data consumption. According to Jio Platforms' annual report, the company's content charges jumped 74% to ₹362 crore. Jio Platforms, the holding company of Reliance Jio Infocomm, also owns JioTV, India's largest live TV aggregation service.

With over $6 million raised, PlayDoge ($PLAY) has announced that its presale will conclude on August 26 at 10 am UTC.