Sporting Financial News

₹300-400 crore. "The key strategic priorities should help the company in charting a new, less capital-intensive and incrementally-profitable growth path. Our endeavour is to redefine our growth strategy, focus on fixed cost reduction, thus improving profitability, resulting in enhanced return on capital and free cash flow generation," Ajay Bijli, managing director, PVR Inox Ltd, said in a statement.

Animoca Brands Japan and Quidd will launch digital collectibles of the popular manga “FAIRY TAIL.”

Xiaomi Corp. aims to begin making and selling a sport utility vehicle similar to Tesla Inc.’s Model Y as early as 2025, embarking on a major new expansion with production of its debut SU7 electric car set to reach about a 100,000 units this year. Xiaomi is approaching full initial capacity and is working now to increase output to accommodate demand, people familiar with the matter said. The company benchmarked its envisioned SUV against Tesla’s during development, the people said, asking not to be identified discussing a private project. An SUV would mark a big expansion of Xiaomi’s $10 billion EV endeavor, spearheaded personally by billionaire co-founder Lei Jun. The company is trying to reduce its reliance on a volatile smartphone market dominated globally by Apple Inc., though with EVs it’s getting into a crowded arena and taking on established rivals Tesla and BYD Co.

Gujarat Titans versus Kolkata Knight Riders match on Monday due to rain has triggered expectations of revenue losses, prompting sponsors, franchise owners to consider filing claims with insurance providers. This year the Indian Premier League (IPL) had bought insurance cover of Rs. 10,000 crore from insurers including New India Assurance, National Insurance Company, and United Insurance for the tournament. This coverage protects against revenue losses arising from various contingencies, including match cancellations due to natural disasters, political events, riots, and more.

Manchester City will try to vault above Arsenal and into the Premier League lead on Tuesday when they visit a Tottenham Hotspur side that has recently caused them problems. City enter the game one point behind Arsenal but with two games remaining to Arsenal's one, meaning they control their destiny in their aim for a record fourth consecutive league title. A loss would see City remain behind on points entering the final day. A draw would give Arsenal the edge only on their goal differential, which is three better than City's.

Competition is hardwired in all competitive sports. But a competition can be rendered mediocre if the outcome is a 'foregone conclusion'. Which is why this season, international football has been so rich. Take English Premier League that's going into its last leg with Arsenal and Manchester City neck to neck in the title race. Across the channel, Champions League has also thrown up the finest to reach the final, but without the 'same old, same old' algorithm at play. This time, CL 'giants' Real Madrid are pitched against 'giant killer' Borussia Dortmund. In EPL, two top sides are duelling it out to the end. This is unlike last year's 'monopoly' when City claimed the crown, with Arsenal No. 2 by a distance. It was only in the latter stages of this year's tournament that Liverpool fell out of contention, and marquee sides like Man Utd and Chelsea made to languish behind the likes of Aston Villa and Newcastle. This is what makes EPL the most exciting football league in the world. Borussia Dortmund ploughing through the CL final on June 1, after beating fellow German giants Bayern Munich and others deemed 'Europe's best', has also catalysed the tournament. The irony isn't lost that in Germany's domestic league, Dortmund languishes at No. 5, with relatively unheralded Bayer Leverkusen having already won their first Bundesliga title, significantly ahead of 32-times winner Bayern. This, too, is good for the league.

Effects of Music in Exercise and Sport: A Meta-Analytic Review, attempted to quantify the effects of listening to music in exercise and sport. They found that music was associated with significant beneficial effects on physical performance, perceived exertion and oxygen consumption while it had no significant impact on one’s heart rate. The study concluded that listening to music before or during physical activity offers potential benefits for exercisers and athletes.

Nord CE 4 Lite, its emergence on certification websites suggests that a new offering from the company may be on the horizon. It's been over a year since the debut of the OnePlus Nord CE 3 Lite, indicating that the release of its successor could be imminent. Following the introduction of its premium mid-range and flagship devices, such as the OnePlus 12R and OnePlus 12 earlier this year, OnePlus is expected to focus on refreshing its lower mid-range segment.

HYBE has now become controversy’s favourite child. The K-pop titan, which has been in the news for its ongoing feud with Min Hee Jin, the CEO of one of its labels ADOR, is now embroiled in a new scandal!

When Mondelez sought to promote a limited edition of its Oreo cookie earlier this year, it did something that would have been unthinkable not that long ago: It didn’t spend a dime advertising on TV. The snack company had a simple reason for that decision. The people it was looking to reach—Gen Z members, multicultural audiences and households with children—aren’t watching enough television.

Venue : Dreux Sport Cricket Club, Dreux France squad - Gustav McKeon, Hamza Niaz, Mukhtar Ali Ghulami, Zain Ahmad, Christian Roberts, Kamran Ahmadzai, Noman Amjad, Rahmatullah Mangal, Rohullah Mangal, Hevit Alodin Jackson, Lingeswaran Canessane, Dawood Ahmadzai, Ikbal Hossain, Sajad Stanikzay, Usman Khan, Zaheer Zahiri Belgium squad - Burhan Niaz, Muhammad Muneeb, Saber Zakhil, Sazzad Hosen, Sherry Butt, Zaki Shah, Dumon Dewald, Faisal Khaliq, Sheraz Sheikh, Waqas Raja, Ali Raza, Syed Jamil, Adnan Razzaq, Khalid Ahmadi, Murid Ekrami, Sajad Ahmadzai France vs Belgium Match Details Final of Mdina Cup T20Is, 2024 between France and Belgium to be held at Dreux Sport Cricket Club, Dreux at 02:30 PM. Stay tuned for live updates.

algorithmic trading has become a staple for institutional traders, offering unmatched efficiency and precision. However, Indian retail traders have not fully capitalised on these benefits, often likened to cyclists on a motorway where institutional traders speed by in sports cars. To level the playing field and ensure safety, a balanced approach involving regulation, education, and risk management is essential.

cricket match, the biggest news still had nothing to do with the on-field action. After being set 166 to win in 20 overs by the Lucknow Super Giants, the Sunrisers Hyderabad openers accomplished the task in a jaw dropping 9.4 overs, averaging 17.27 runs per over. It was an amazing performance, but the post-game social media discourse was mostly about what the broadcast cameras picked up just off the field. The LSG owner, Sanjiv Goenka, was in an animated discussion with his captain, K L Rahul. It was Goenka who was doing most of the talking, and the body language and expressions were clearly of a man who was angrily demanding an explanation for the debacle.

US IPO activity. Since then, listings on New York exchanges by China-based companies have been small and rare. Zeekr’s valuation suffered in the aftermath, too.

FIFA is facing renewed pushback over its expanded Club World Cup just over a year before the tournament is due to be staged in the United States. World players' union FIFPRO and the World Leagues Association want the event to be rescheduled and the international match calendar reformed over concerns about players' welfare and their «fundamental rights.» It comes after a report by the union last year said 43% of World Cup players surveyed had experienced «extreme or increased mental fatigue.»

Best of the Week for nearly a year and a half, and yet we've rarely mused on cricket. The average Indian man, in my experience, is quite fond of the sport. He has an opinion about everything, especially on men's cricket—should Kohli reassume captaincy? Why didn't Tendulkar step down earlier? Will RCB ever provide any joy in life? As a kid, I too grew up playing cricket.

₹48,000 crore dragged down its passenger vehicle business. The company reported an over three-fold jump in its consolidated net profit to ₹17,407 crore for Q4FY24, from ₹5,408 crore in the same period last fiscal, led by record sales of Range Rover luxury sports utility vehicles (SUVs) by its UK-headquartered subsidiary Jaguar Land Rover across the UK and overseas markets.

Lounge. “When I play abroad, people just want to know how India has so many players coming up. Everybody is curious; I think there is a little fear as well.

Can old enemies make for good friends? The future of streaming media might depend on the answer. Disney and Warner Bros. Discovery surprised investors this week with plans to launch a new streaming bundle that will combine Disney+, Hulu and Warner’s Max service.

NASCAR Darlington race is back and will start from Friday. On Friday, truck teams will be competing, Xfinity teams will race on Saturday. On Sunday, Cup teams will compete, as per a report NBC Sports. On Friday, truck series will practice between 3.05 pm (ET) and 3.25 pm (ET). The qualifying session will be from 3.35 pm (ET) and 4.30 pm (ET). At 7.30 pm (ET), truck series race will take place.

Federal investigators say they have “significant safety concerns” about a Ford SUV recall repair that doesn’t fix gasoline leaks that can cause engine fires