Nimbus Sport International Pvt. Ltd on Tuesday announced that Joost, a global online television platform had acquired the on-demand internet clip rights for the Barclays Premier League in the Indian subcontinent.
The BCCI said Nimbus Sport quoted less and was awarded the rights, beating contender TWI.
The company claims it was the lowest bidder for production rights of the India-Pakistan series.
Broadcast regulator Telecom Regulatory Authority of India has struck down Nimbus' appeal to price its two sports channels at a premium to market rates, including in conditional access system areas.
The channel will debut with the Challenger Series for NKP Salve Trophy to be played in Chennai from Sunday.
The Ordinance makes it mandatory for private broadcasters to share live feed of matches with Prasar Bharati.
Sri Lankan Sports Minister, Mahindananda Aluthgamage has ordered a probe into the controversial Nimbus deal that had rocked the country's cricketing circles, besides costing SLC a a huge amount of money.
Nimbus Communications filed a petition in the Delhi high court on Monday challenging the government's uplinking guidelines that directs private channels to share live sports feed of all cricket matches held in India with national broadcaster DD.
The Asian Cricket Council said it scrapped the Afro-Asia Cup telecast deal with Nimbus because it did not fulfill contractual obligations.
The private broadcaster has issued a notice to the BCCI over GOI ordinance to share feed of India's matches.
To beam India-based cricket into British homes, starting with England's tour of India
The upcoming World Series Hockey might be touted as the next big thing in Indian sport, but Hockey India on Wednesday termed the cash-rich league as a veterans' tournament and said Indian players participating in it will have to sacrifice their national jersey.
The second season of World Series Hockey, a tournament not recognised by the sport's world governing body FIH, is scheduled to be played from December 15, 2012 to January 20, 2013, it was announced on Thursday.
3i, a private equity and venture capital firm, will invest $45.50 million in sports and media company Nimbus Communications Ltd.
In a move which could derail the ambitious plan of the Indian Hockey Federation to organise a World Series of Hockey in the country, the FIH has threatened to bar players and national associations from participating in the Olympic Games if they associate with the league.
Nimbus Communication Ltd approached the Delhi High Court seeking protection from the Centre's alleged threat to cancel its licence.
The Delhi high court on Friday refused to grant interim relief to the Board of Control for Cricket in India and sports broadcaster Nimbus Communication which challenged the Centre's policy directing private broadcasters to share the feed of cricket Test matches with Prasar Bharti.
The Delhi high court on Monday cleared the way for the players' participation in the World Series Hockey (WSH), a joint initiative of the Indian Hockey Federation (IHF) and Nimbus Sport, if the tournament schedule does not clash with international commitments of the national team.
In what can be seen as a move to retain its star domestic recruits, the organisers of the unsanctioned World Series Hockey (WSH) league, on Monday, announced huge financial rewards for Indian players who participate in the multi-million dollar event.
Hockey India's disciplinary panel chairman Pargat Singh on Friday demanded a stern action against the country's top five players, who left the ongoing national camp in Bangalore without permission to attend a function organized by the rival Indian Hockey Federation.
Around 176 players from India and across the world will participate in the World Series Hockey tournament, from December 15 to January 22, 2012.
Current Canada captain Ken Pereira is among 11 players to sign up for the $ 2 million World Series Hockey that will be held from February 29 to April 2 in eight Indian cities.
Former India Olympian and coach Joaquim Carvalho has moved the Delhi high court, claiming that Hockey India, which is fighting a legal battle with the IHF, is threatening players that they will not be selected for national duty if they take part in World Series Hockey.
Pakistan's national hockey federation (PHF) has expressed confidence that it's players will stay away from the unsanctioned World Hockey Series in India in the wake of the organiser's claim that all those who have signed for the multi-million event will certainly play.
Dismissing threats of a possible ban by Hockey India on local players participating in the World Series Hockey (WSH), the organisers of the multi-million dollar tournament on Monday declared that all those who have signed up will certainly play in the upcoming event.
Having failed to get Nimbus Sports to share its live telecast of the upcoming India-Pakistan Test series, the government has issued a notification declaring that under the law the entire Test series be compulsorily shared with public broadcaster Doordarshan.
The 48th edition of the prestigious Indian Open, which returns to the Asian Tour schedule, will be held from October 13-16, with a record prize purse of US $1.5 million.
World Series Hockey organisers on Thursday dangled an attractive cash carrot of Rs two crore in front of the players of the Indian squad who have signed up with them if they pilot the country to the gold in the London Olympics by breaking a 32-year-old medal jinx.
Unperturbed by the FIH diktat asking member countries to either stay away from the World Series Hockey or risk Olympics exclusion, the organisers of the league on Thursday said they will "go ahead" as planned and seek legal recourse against the game's governing body if necessary.
Nimbus Communications Ltd on Monday said it has received private equity investment of Rs 552 crore (Rs 5.52 billion) from 3i, Cisco and Oman Investment Fund that would be deployed to fund sports rights acquisitions
Handicapped by the sports Ordinance biting into their advertising revenues, Nimbus today threatened to pull out of its Rs 2,714 crore
Broadcaster Nimbus Communication, which operates sports channel Neo Sports, is in talks with banks to float an initial public offer for nearly Rs 300 crore (Rs 3 billion).
It will be my top pick when I graduate to a half-marathon, says Veer Arjun Singh.
Leading Indian companies are considering whether to bid for the India cricket team sponsorship for the next three years. The deadline for doing so is Saturday.
Rights holders Nimbus Communications, which owns Neo Cricket and Neo Sports channels, have retained the television rights of the Board of Control for Cricket in India for four more years for a whopping Rs 2000 crore.
Micromax Informatics Limited has bagged the title sponsorship for Asia Cup cricket tournament for the second consecutive year.