Sporting Financial News

IIT-M) on Wednesday said it has raised Rs 513 crore in funding—more than double what was raised last year—from its alumni, industry and individual donors during 2023-24. The alumni did most of the heavy lifting, contributing Rs 368.19 crore, followed by the CSR segment contributing Rs 95.53 crore, with the rest coming from other sources. Additionally, the institute has attracted total new pledges worth Rs. 717.8 crore from alumni and corporate partners during FY24. The alumni have pledged Rs 455.6 crore whereas the CSR segment has pledged Rs 262.2 crore.

fashion event is complete unless it is graced by Kim Kardashian! For the past decade or so, the socialite entrepreneur had been a constant fixture at the grand fashion gala. The 43-year-old reality TV star cut a flamboyant, yet striking figure at the Met Gala 2024. Showcasing a rather whimsical and larger-than-life take on the gala’s theme ‘Sleeping Beauties: Reawakening Fashion’, the socialite sported a sparkly, silvery Maison Margiela Artisanal by John Galliano. The ensemble consisted of a delicate, pale grey cashmere cardigan, and an ‘exfoliage’ lace train embroidered with intricate floral motifs made from silver, detailed mirror work, and adorned with pearl pieces.

Also read: IPL, elections are all fair game on illegal betting apps The study focused on brand-recognition dynamics during the league, and tracked about 130 brands in 25 product categories. Respondents were from the top metros and tier-2 cities including Kolkata, Lucknow, Delhi, Chandigarh, Ludhiana, Jaipur, Udaipur, Ahmedabad, Chennai, Surat, Mumbai, Pune and Hyderabad. Mahendra Singh Dhoni's popularity played a major role in making CSK a fan favourite.

International Cricket Council has secured a five-year contract with Sky for the New Zealand market, covering all ICC men's and women's events until the end of 2028. Under the new partnership, Sky will broadcast 16 international events, including the ICC Men’s and Women’s Cricket World Cups, the ICC Men’s and Women’s T20 World Cups, the ICC Champions Trophies, the World Test Championship Finals, and the U19 World Cups. The first of these exciting events commences in June with the ICC Men’s T20 World Cup 2024, hosted in the USA and the West Indies. This will be followed by the ICC Women’s T20 World Cup in Bangladesh in October and extend through to the ICC Men’s T20 World Cup 2028 in Australia and New Zealand.

Star India's operating loss from the sports business has increased by 50% to $342 million for the six months ended March 30, compared to $228 million in the corresponding six months of the previous fiscal. For the period under review, the Walt Disney-owned company's operating revenue from the sports business rose 40% to $504 million, while operating expenses jumped 51% to $786 million. In its Q2 results, Walt Disney said that the higher programming and production costs at Star India were attributable to higher rights costs for ICC and, to a lesser extent, IPL cricket programming in the current period compared to the prior-year period.

Jo pichle Olympics main kami reh gayi thi woh ab yeh Olympics main puri karni hai (At the Olympics this year, I hope to overcome the things that were missing the last time around)." This is what Malik has been consistently chasing over the past few years, ever since she graduated to the senior level. At the age of 18, Malik qualified for the Tokyo Olympics in 2021, losing to the eventual silver medallist, Iryna Kurachkina, while missing out on a medal in the repechage round. “There was so much to learn from that competition.

China’s Yandang Mountain witnessed some tense moments earlier this week, as climbers, who were in large numbers, were found stuck for more than an hour, clinging on to just their ropes.

Thailand has extended its visa exemption program for tourists from India and Taiwan for another six months, allowing these travelers to enter the country without a visa until November 11, 2024. The move aims to attract more foreign visitors to boost Thailand's economy, which relies heavily on tourism. According to a Bloomberg report, Prime Minister Srettha Thavisin announced the extension following a cabinet meeting on Tuesday, indicating that travelers from India and Taiwan can stay for a maximum of 30 days without a visa. This extension comes after the success of the initial waiver implemented last November. Previously, tourists from India and Taiwan were allowed to stay in Thailand for only 15 days under a visa-on-arrival scheme. By extending the exemption, Thailand hopes to encourage longer stays and more frequent visits from these countries.

Stray Kids are really “everywhere, all around the world!” The South Korean boyband made a grand debut at the 2024 Met Gala event. Although South Korean idols such as Blackpink’s Jennie (2023), Rose (2021), and NCT’s Johnny have appeared at the grand fashion event, this is the first time a group has shown up at Met Gala.

A federal appeals court has upheld a 2021 ruling that NBA star Zion Williamson’s contract with a marketing agent was void because the agent was not licensed in North Carolina when the two entered an agreement in 2019

Disney is getting closer to its goal of breaking even in streaming this year, paring direct-to-consumer losses in its first quarterly earnings since Chief Executive Bob Iger fended off dueling proxy campaigns. The media giant’s streaming unit lost $18 million in the March quarter, an improvement from a $659 million loss in the year-earlier quarter. Iger said the company is on track to achieve streaming profitability in the final quarter of the fiscal year that ends in September.

Sports manga is one of the leading genres currently followed by fans, and Blue Lock with its first season itself managed to steal hearts. The Blue Lock manga comic itself was one of the biggest-selling series of all time in November 2023 in terms of circulation. Keeping up with that legacy, the first season of the TV series produced by Eight Bit, which was aired between October 2022 to March 2023, also became an insane hit in the sports anime genre.

Superman suit has been revealed by director James Gunn. As production on the film progresses, fans are getting a first glimpse of David Corenswet as the iconic Man of Steel, sporting a suit that looks worn and rugged, hinting at intense action sequences in the movie. Corenswet's Big Break

BTS’s agency HYBE cannot catch a break! Amid the ongoing feud with Min Hee Jin, the CEO of its sub-label ADOR, the K-pop giant is now entangled in yet scandal — allegations of chart-rigging. According to a Korea JoongAng Daily, the Ministry of Culture, Sports and Tourism has launched an investigation probe against the K-Pop giant to verify whether or not it has engaged in chart manipulation. On Saturday, the culture ministry of South Korea announced that it had received a petition urging an investigation into the alleged chart rigging practices and subsequent blackmailing of the BTS agency back in 2017. The case will now be referred to the Korea Creative Content Agency (Kocca), a state-run institution responsible for overseeing various facets of popular culture in Korea. Kocca will conduct a comprehensive inquiry and seek a response from HYBE. If the allegations are proven to be correct, BTS may lose all honours bestowed on them including the Order Of Culture Merit.

India,- New Balance, one of the world’s fastest growing sports brands, unveils its newest retail concept at Linking Road, Mumbai alongside celebrated cricketer,Pat Cummins.The launchhighlights New Balance's strategic expansion plans, under the newly launched India subsidiary,of broadening its global presence and making significant strides within India. The unique retail concept embodies New Balance at the intersection of sports and culture catering to both, the fashion influencers, and the elite athletes. The new store intends to offer a dynamic retail experience highlighting the brand’s quality craftsmanship and its consistent strive for innovation.

1. Swimming: Swimming is not only a refreshing way to beat the summer heat but also an excellent full-body workout. It offers numerous health benefits while keeping you cool.

Women's T20 World Cup 2024 schedule: The International Cricket Council (ICC) on Sunday announced the schedule for the upcoming Women's T20 World Cup 2024. The ninth edition of the marquee event will be held between October 3 and 20 in Bangladesh. The high-voltage India vs.

reward every Paris Olympics Gold medallist with a cash award of $50,000. While many athletes, including Neeraj Chopra, welcomed the move, it has now sparked a global debate, with the International Olympic Committee (IOC) president Thomas Bach expressing his concerns during an online media briefing recently. “The role of the international federations (IFs)…is they have to make every effort to try and close the gap between the athletes coming from privileged countries and those coming from less privileged countries. This is where the discussion is coming from (on the WA decision)”, said Bach. With the Olympic Games being the pinnacle of sports competitions globally, it is fair to reward athletes for their extraordinary feats. Considering the short career span of athletes, their financial well-being should be a priority. However, should the IOC follow the WA model? Is this the way forward for the Olympic movement? That’s where the disconnect arises. Unlike other sports competitions, the Olympics is a movement for global solidarity. It aims to unite the world through sport and bridge the gap between privilege and under-privilege. That’s why 90 percent of the IOC’s revenues are ploughed back to the member nations, with the hosts receiving $2.8 billion (Summer and Winter Games combined).

Vanuatu. Let’s be honest and there’s no shame here: you did not even know that this was a country. It’s a string of islands east of the northern part of Australia in the Pacific and its last recorded population was 3.27 lakh people. Of these about 50% are ruled out from this story by virtue of being male. Of the 1.6 lakh remaining, you can leave out another half on the basis that they would be either too young or old to make a cricket team. And so, from a potential pool of 80,000 (a generous estimate because not everyone is interested in one sport), emerges a team that was in contention for a berth in a World Cup comprising 10 teams from across the globe.

Madras Regiment of the Indian Army, Lt Gen Manjinder Singh, performed a sacred ceremony at the Murugan Temple of its regimental centre, wearing a traditional 'veshti', according to a post on X shared by the Army's Training Command. During the ceremony, Lt Gen Singh sported his traditional Sikh turban and also wore wore a 'veshti', a traditional wear of south India. «On the occasion of 15th Reunion & 35th BBCC of the Madras Regiment, Lt Gen Manjinder Singh, AVSM, YSM, VSM, GOCinC, ARTRAC and COLONEL of the Madras Regiment in the best secular traditions of Indian Army performed the sacred Kumbhabhishekam ceremony at the Murugan Temple of the Madras Regimental Centre, Wellington on 01 May 2024,» the ARTRAC posted. «The ceremony was attended by the #Veterans and Serving Officers, JCOs & NCOs of the Madras Regiment,» it said.

NDTV Sports quoted, "He's more Indian than Australian. That's what I tell him. I say that.