According to Cricbuzz, Indian cricketers could collectively be staring at losses of around Rs 150-200 crore in endorsements.
RMG firms Dream11, Games24x7, Gameskraft and MPL lost unicorn status after the gaming ban while fintech players led 11 new unicorns added in 2025.
Mahanaryaman Scindia was on Monday unanimously elected president of the Madhya Pradesh Cricket Association (MPCA)
'The essence of RMG is that users participate in skill-based games for financial reward, so this law would directly affect this operating model for both users and gaming companies.'
Indian team's jersey sponsor Byju's wants to terminate its agreement with the BCCI which has asked the company to continue at least until March 2023.
Whether in cricket or business, Kohli continues to play the long game.
What has surprised the industry is that the Bill has been tabled without any consultation. Critics warn the ban on real-money gaming could fuel black markets, endanger 200,000 jobs and billions in tax revenue.
The Board of Control for Cricket in India on Tuesday announced Mobile Premier League (MPL) as the official kit sponsor of the Indian cricket team.
India vice-captain Smriti Mandhana has been named the icon player for the Ratnagiri Jets, who will compete in the inaugural edition of the Women's Maharashtra Premier League (WMPL).
Online sports platform Mobile Premier League has laid off around 350 people or about half of India team to cut down on expenses and bear the burden of increased GST of 28 per cent, according to an internal company email. The GST Council has decided to levy a 28 per cent GST on online gaming and casinos on the face value of bets at the entry level. The Centre will bring amendments to the Central GST law in the ongoing monsoon session of Parliament, following which states will pass the amendments in their respective assemblies to pave the way for the introduction of changes in the law by October 1.
MPL wasn't part of the process when the original Invitation to Tender (ITT) was floated by the BCCI in August and that has raised a few eyebrows.
The Department for Promotion of Industry and Internal Trade (DPIIT), under the Ministry of Commerce and Industry, has entered into a partnership with the Startup Policy Forum (SPF), a premier industry organisation representing India's leading new-age companies.
The Indian cricket board (BCCI) said on Monday that German sportswear giant Adidas would become the new kit sponsor of the national team.
The new jersey was unveiled by the BCCI, as well as the official sponsors MPL on their official Instagram profile.
BCCI has inked the apparel and merchandise deal with MPL, replacing Nike.
India open their T20 World Cup campaign against Pakistan in Dubai on Sunday, October 24.
The appointment of the new selection committee, central contracts and having different coaches and captains for the different formats are likely to be discussed in BCCI's Apex Council meeting on Wednesday.
Embattled Adani Group on Monday said it has put on hold major equipment procurement and site construction activities for the Rs 34,900 crore petrochemical project at Mundra in Gujarat as the project has not yet tied up finances. The group's flagship Adani Enterprises Ltd (AEL) incorporated a wholly-owned subsidiary, Mundra Petrochem Ltd in 2021 for setting up a greenfield coal-to-PVC plant at Adani Ports and Special Economic Zone (APSEZ) land in the Kutch district of Gujarat. Asked by stock exchanges to comment on a PTI report on Sunday that the group has suspended work on the project, AEL said, "The financial closure of the Green PVC project of Mundra Petrochemicals Limited ( MPL) is pending with the financial institutions and it is in their active consideration."
The industry came under scrutiny after the proliferation of games like cards, casinos, and fantasy sports among young people led to addiction and financial losses, with some reported cases of suicide.
Gaming platforms will also be required to display a warning after a certain time of usage to reduce the risk of addiction.
Shubman Gill and Suryakumar Yadav may get promotion in the annual central contracts list for the 2022-23 season.
Foreign brokerage firm CLSA initiated coverage on the stock with a Sell rating and target price of Rs 1,095, citing hefty premium valuation.
Indian startups have raised $42 billion in 2021, up from $11.5 billion in the previous year, a report by Orios Venture Partners said. The report titled 'The Indian Tech Unicorn Report 2021' said India saw 46 unicorns (companies with $1 billion valuations) in 2021 alone, more than doubling the total number of unicorns to 90. These include ShareChat, Cred, Meesho, Nazara, Moglix, MPL, Grofers (now Blinkit), upGrad, Mamaearth, GlobalBees, Acko, Spinny and others. India - with 90 unicorns - is the third-largest unicorn hub behind the US (487) and China (301), and ahead of the UK (39).
This year, PhonePe is focussed on bringing more partners across categories, including travel, commute, food, hyper-local, retail and entertainment on the platform.
Paytm will not be available for download now but there will be no impact on existing users of the app. 'The app was blocked for violation of play policies - a clarification of our policy was released earlier today ahead of the IPL (Indian Premier League) tournament,' Google said in an e-mailed response on Friday.
Dream11 had been the IPL title sponsors for the 2020 edition, winning the rights for Rs 222 crore
A 25-strong Indian squad, led by captain Virat Kohli, landed in Sydney on Thursday for a gruelling two-month Australia tour which starts with a 14-day quarantine-cum-training period on the outskirts of the city.
Things went from bad to worse since December 2008 for people who purchased bungalows, villas and apartments at Maytas Hill County, promoted by Maytas Properties Limited (MPL) -- the company run by B Rama Raju (Jr), the younger son of Satyam Computer Services founder and former chairman B Ramalinga Raju.
S Jasmine of Tirunelveli bagged the state first rank in the SSLC Class X examinations, results of which were declared today.
Latest in generational change trend in South Indian majors.
'RCB is a natural choice for us, mainly due to our long-standing association with Virat Kohli.'
A 23-year-old Indian footballer has died from severe spinal cord damage after attempting to celebrate a goal with a somersault, an official said on Monday.
Chinese sponsorship became a bone of contention after the BCCI declared it would review the deals following the violent clashes between the armies of both the countries in eastern Ladakh.
Following the horrific collision during a Twenty20 match left two Surrey fielders injured, Rediff.com looks at the bizarre world of sports that can sometimes present unique oddities.
Vijay Patil, has appealed to incumbent MCA and NCP chief Sharad Pawar to withdraw from the contest.
Rediff.com lists the footballers who died while playing, in the last decade.
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