News for 'Sports Marketing and Management'

EPL Transfers: Forest sign 21 players; Chelsea splurge big

EPL Transfers: Forest sign 21 players; Chelsea splurge big

Rediff.com2 Sep 2022

Chelsea have topped the spending list with Manchester United not far behind, but West Ham United's business epitomises the TV riches which give all Premier League clubs spending power that only the elite teams in Spain or Germany can dream of.

Tata Motors knocks out peers in SUV ring

Tata Motors knocks out peers in SUV ring

Rediff.com22 Nov 2021

Tata Motors, India's third largest passenger vehicle maker, took pole position in the competitive sport utility vehicle (SUV) market in October, reveals the data from industry sources. Riding high on the Punch - the sub-compact SUV offering launched on October 18 - the Tata group flagship sold a record 23,381 units in October, higher than 20,022 units sold by archrival Mahindra & Mahindra, 18,538 units sold by Hyundai Motor India, and 15,931 units sold by Kia Motors India. Utility vehicles - that include SUVs and multipurpose vehicles - accounted for almost one in every two passenger vehicles sold in India in the first seven months of the current financial year, according to the Society of Indian Automobile Manufacturers.

Champions Leicester stand to gain up to $365 million windfall

Champions Leicester stand to gain up to $365 million windfall

Rediff.com3 May 2016

Leicester City have the chance of making anything between 150 million pounds ($220 million) and 250 million pounds ($365 million) from their sensational Premier League triumph, according to sports marketing experts. The city of Leicester in England's Midlands should also expect to enjoy a huge commercial boost after its hometown team wrote the unlikeliest of sporting success stories, one that has captured headlines around the world. Yet though the club known as the Foxes will gain this substantial windfall, they still have a long way to go to join the true big-money elite of world football. The club that had never won the top-flight crown in its history will cash in through the 90 million pounds in prize money from the Premier League, and money from competing in Europe's Champions League next season, as well as increased TV and match day revenue.

Tiger Global, others invest $225 mn in parent of IPL title sponsor Dream11

Tiger Global, others invest $225 mn in parent of IPL title sponsor Dream11

Rediff.com15 Sep 2020

The new round values the company at $2.5 billion, more than double the over $1 billion valuation Dream 11 enjoyed in April 2019 when it was declared the country's first gaming unicorn.

Mukesh Ambani completes 20 years as Reliance boss

Mukesh Ambani completes 20 years as Reliance boss

Rediff.com28 Dec 2022

Mukesh Ambani, who took over the reins of Reliance Industries Ltd (RIL) after the sudden demise of his legendary industrialist father Dhirubhai Ambani, completes 20 years at the helm during which the company saw a 17-fold jump in revenues, 20-times surge in profit and has become a global conglomerate.

Beer sale at Qatar World Cup games 3 hours before kick-off

Beer sale at Qatar World Cup games 3 hours before kick-off

Rediff.com3 Sep 2022

Qatar will permit ticketed fans to buy alcoholic beer at World Cup soccer matches starting three hours before kick-off and for one hour after the final whistle, but not during the match, a source with knowledge of plans for the tournament said.

Football Briefs: Maradona tells Madrid, give away Bale and bring Mbappe

Football Briefs: Maradona tells Madrid, give away Bale and bring Mbappe

Rediff.com15 Dec 2017

News of all that's transpired on and off the football field

Liverpool inks deal with Baseline, to launch coaching programmes in UAE

Liverpool inks deal with Baseline, to launch coaching programmes in UAE

Rediff.com15 Sep 2015

Baseline, a sports marketing, entertainment and licensing start-up company, has facilitated Liverpool Football Club to launch of the Club's first full-time coaching programme in the United Arab Emirates.

Why brands are attracted to Virat Kohli

Why brands are attracted to Virat Kohli

Rediff.com27 Nov 2018

Virat Kohli has built such a formidable brand across the spectrum that even his occasional brash and indiscreet comments fail to tarnish it.

Why Netflix Had To Cut Prices

Why Netflix Had To Cut Prices

Rediff.com29 Dec 2021

As of December 2021, Netflix India stood at an estimated 5 million subscribers against 46 million for Disney+Hotstar and 19 million for Amazon Prime Video.

'Women's cricket is witnessing a Chak De moment'

'Women's cricket is witnessing a Chak De moment'

Rediff.com24 Jul 2017

Following the World Cup, companies queue up to sign Mithali Raj and Harmanpreet Kaur.

Covid: Govt flags increase in 'R' factor to states

Covid: Govt flags increase in 'R' factor to states

Rediff.com14 Jul 2021

'You may be aware that any increase in 'R' factor above 1.0 is an indicator of spread of COVID-19. Therefore, it is important that the authorities concerned shall be made responsible for ensuring COVID Appropriate Behaviour'

F1 Chinese Grand Prix postponed due to coronavirus

F1 Chinese Grand Prix postponed due to coronavirus

Rediff.com12 Feb 2020

The race was originally set to be held in Shanghai on April 19, but the governing body FIA and Formula One said in a statement that they had jointly decided to postpone it.

'Cricket needs shorter format, hockey doesn't'

'Cricket needs shorter format, hockey doesn't'

Rediff.com3 Dec 2018

The FIH is planning an exhibition tournament of Hockey 5s next year but has ruled out the possibility of the format replacing the traditional 11-a-side contest in the Olympics.

Sports Shots: FIFA looks to ease the fixture burden on players

Sports Shots: FIFA looks to ease the fixture burden on players

Rediff.com24 Mar 2017

A round-up of all football-related news...

The desi in NBA's Hall of Fame

The desi in NBA's Hall of Fame

Rediff.com24 May 2021

'My mission is to bring the world together by the game of basketball.'

Ford India workers' protest for better severance package enters Day 4

Ford India workers' protest for better severance package enters Day 4

Rediff.com3 Jun 2022

With Tata Motors subsidiary taking over Ford's passenger vehicle (PV) manufacturing unit at Sanand in Gujarat, uncertainty over the future of Ford's Maraimalai Nagar unit in Tamil Nadu continues, with workers protesting on Thursday demanding a better severance package. There are over 2,000 employees working at the unit. On Thursday, there was a meeting between agitating employees and the state labour department. The workers started protests at the Chennai unit after Tata Passenger Electric Mobility signed a tripartite memorandum of understanding with Ford India and the Government of Gujarat for acquisition of Ford's PV manufacturing plant at Sanand.

Microsoft co-founder, Jimi Hendrix fan, sports team owner... The incredible life and times of Paul Allen

Microsoft co-founder, Jimi Hendrix fan, sports team owner... The incredible life and times of Paul Allen

Rediff.com18 Oct 2018

Whenever you think of Microsoft, the only name that crosses one's mind is Bill Gates. But the tech behemoth was co-founded in 1975 by Gates and Paul Allen.

'Dhoni's market value similar to Tiger Woods'

'Dhoni's market value similar to Tiger Woods'

Rediff.com13 Jul 2010

Not many in the world cricket can claim to pip the legendary Sachin Tendulkar, but Mahendra Singh Dhoni left the Little Master trailing behind by snapping up a whopping Rs 210 crore endorsement deal.

Pre-owned car sellers see brisk volume growth as chip crunch persists

Pre-owned car sellers see brisk volume growth as chip crunch persists

Rediff.com4 Nov 2021

Even as the semiconductor shortage has limited the demand for new cars, the pre-owned car segment is seeing a surge. A preference for personal mobility, availability of multiple organised online platforms, including e-commerce channels, aggregators, and classifieds, have been fuelling growth. The growth rate of the pre-owned car market is expected to be 1.5x that of the new car market over the next five years.

With Rs 100-crore endorsement kitty, is Dhoni setting up the end game?

With Rs 100-crore endorsement kitty, is Dhoni setting up the end game?

Rediff.com14 May 2019

He is the face of the e-sports platform Dream11, the fantasy league platform, online bus ticketing platform RedBus, web hosting company, GoDaddy as well as traditional big-ticket brands such as Colgate.

VVS Laxman, Akram in first crypto cricket platform

VVS Laxman, Akram in first crypto cricket platform

Rediff.com16 Sep 2021

Crypto-currency, which is fast gaining popularity in the western market is now to enter cricketing space with 'Cricket Foundation', which claims to have 50,000 users even before its launch, and is complemented by over 60,000 followers on social media.

'Futsal is a combination of speed and skills'

'Futsal is a combination of speed and skills'

Rediff.com5 Apr 2016

Portugal football legend Luis Figo launched Premier Futsal, a five-a-side game played on a shorter arena, in Mumbai on Tuesday.

Fadnavis gets home, finance; BJP bags key portfolios in Maha cabinet

Fadnavis gets home, finance; BJP bags key portfolios in Maha cabinet

Rediff.com14 Aug 2022

Five days after the induction of 18 ministers into his cabinet, Maharashtra Chief Minister Eknath Shinde on Sunday allocated portfolios, keeping Urban Development and 11 other ministries with himself, while giving the crucial Home Department to Deputy CM Devendra Fadnavis.

Ahmedabad Doesn't Sleep. It Eats

Ahmedabad Doesn't Sleep. It Eats

Rediff.com16 Aug 2022

Ahmedabad is home to the strangest of cuisines and is a city of contrasts, if you look beyond the tourist places.

Markets fall on profit-booking despite RBI's surprise rate cut

Markets fall on profit-booking despite RBI's surprise rate cut

Rediff.com4 Mar 2015

Benchmark indices failed to sustain gains and retreated from day's high dragged primarily by the losses in metals, information technology and bank shares as investors started to book profits in late noon deals. Earlier, markets had scaled fresh all-time highs on the surprise post-budget rate cut by Reserve Bank of India (RBI). The 30-share Sensex ended down 213 points at 29,380 and the 50-share Nifty closed down 74 points at 8,922. Intra-day, Sensex reached the all-time high mark of 30,024.74 while Nifty touched the life-time high level of 9,119.20. In the broader market, both the BSE Midcap index and Smallcap indices, down 1% and 1.2% each underperformed the front-liners. Market breadth in BSE ended negative with 1,882 declines against 1,010 advances. A day after signing an agreement with Finance Ministry on inflation targeting, RBI surprised the markets with an early post-budget repo rate cut of 25 bps (basis points) to 7.5% from 7.75% which was again outside of central bank's scheduled policy review meetings as the earlier rate cut effected on January 15. "RBI's latest rate cut of 25 basis points, while a surprise in its timing is in-line with our expectations of a sharp rate-cutting cycle over the coming quarters. With inflation sustainably lower by 500bps, the RBI has in recent months acknowledged the scope for rate cuts and was only waiting for additional comfort that the government's fiscal policy would not play spoil-sport," said Dinesh Thakkar, chairman and managing director at Angel Broking in a note. Analysts at Karvy believe that further monetary policy action will depend on number of factors including easing of supply constraints, improved availability of power, land, minerals and infrastructure, fiscal consolidation, the pass through of rate cuts by banks and the expected monsoon. Citing weakness in some sectors of the economy and the overall global trend towards monetary easing as rationale for the rate cut the central bank also exuded confidence in the road map for fiscal consolidation as laid out in the Union Budget, 2015. Commenting on how the markets reacted to RBI's surprise move, K Subramanyam assistant vice-president (institutional research), Asit C. Mehta Securities said, "The unexpected cut did take the market by surprise .However, credit off-take is not dependant only on interest rates. A gradual revival in the economy would be of more help which would trigger credit off-take. Hopefully this will follow and RBI's action would prove helpful. From market point of view this is bullish as equity becomes more attractive vis-a-vis falling interest rates." On the macro-economic front, the HSBC services PMI rose to an eight-month high of 53.9 in February up from 52.4 in January indicating strong expansion in output across the sector. Respondents cited robust growth of new business as the principle factor for the increase in activity. Meanwhile, foreign portfolio investors (FPIs) bought shares worth a net Rs 773 crore on Tuesday, as per provisional data. Buzzing Stocks 9 out of the 12 sectoral indices of BSE ended in red. BSE Metal index, down 2.4% was the top loser followed by BSE Oil & Gas and Power indices, down 1.3% each. BSE Healthcare index, up 1.2% and BSE FMCG index, up 0.9% were the top losers. Bank stocks came under during late noon trades as traders booked profits at higher levels. However, RBI rate cut may encourage large lenders to cut their lending rates boosting demand for home and auto loans and provide funds for various stalled and new projects. Many stalled projects across the country are waiting for cash to restart work. The stock of stalled projects at the end of December 2014 stood at Rs 8.8 lakh crore or 7% of GDP. ICICI Bank ended down 0.1%, Axis Bank and SBI declined over 3% and HDFC Bank shed 1.5%. Sun Pharma gained over 6% on approval granted to Sun Pharma Advanced Research Company (SPARC) by US FDA for an antiepileptic drug. The product will be manufactured by Sun Pharmaceutical Industries at its Halol (Gujarat) facility in India. SPARC was formed in 2007 when Sun Pharma separated out its active projects in drug discovery and innovation into a new company. Dr Reddys Lab and Cipla have gained over 1% each. ITC gained over 1% after consecutive sessions of losses on the proposed larger-than-expected hike in excise duty on cigarettes in the Union Budget. The biggest ever auction of spectrum by the Department of Telecommunications (DoT) started on Wednesday in the morning where government expects to garner Rs 80,000-1lakh crore from the sale of spectrum. Idea Cellular gained over 2%, Reliance Communication gained around 1% and Bharti Airtel closed 0.5% higher. Metal stocks were under pressure in today's session. Hindalco declined over 3%, Sesa Sterliteended down over 4% and Tata Steel closed down 2%. Profit-taking in IT stocks led to Wipro losing around 1.8%, Infosys declining 0.7% and TCS losing 1.5%.

Nike set to beat Adidas in World Cup jersey battle

Nike set to beat Adidas in World Cup jersey battle

Rediff.com4 Jul 2018

The Nike swoosh decorates the outfits of Brazil, France and England, the sides in the quarter-finals most favoured by betting websites to win the World Cup, plus Croatia.

Maharashtra imposes night curfew from Jan 10

Maharashtra imposes night curfew from Jan 10

Rediff.com8 Jan 2022

Tightening restrictions in the face of surging COVID-19 cases, the Maharashtra Government on Saturday prohibited movement in public in groups of five or more from 5 in the morning to 11 at night, effective January 10 midnight.

Force China to open its markets for Indian goods

Force China to open its markets for Indian goods

Rediff.com19 Aug 2015

'India needs to adopt a more proactive policy of triggering exports to China.'

Philips partners Amazon to tap the e-commerce market

Philips partners Amazon to tap the e-commerce market

Rediff.com23 Jul 2014

To tap the rapidly expanding online retailing market, Philips Lighting, a subsidiary of the Dutch consumer electronics giant Royal Philips, has partnered 'exclusively' with Amazon to sell its latest product range.

Issey Miyake Was Nothing Short Of Genius

Issey Miyake Was Nothing Short Of Genius

Rediff.com31 Aug 2022

'Known for his innovative styles and perfumes, Issey Miyake built a global fashion brand, which included designing Steve Jobs' famous black turtle neck jumpers.'

Markets snap 3-day winning streak, Nifty holds 8,250; Midcaps outshine

Markets snap 3-day winning streak, Nifty holds 8,250; Midcaps outshine

Rediff.com20 Oct 2015

The index had risen over 585 points in the previous three sessions.

'In a way India's business houses are running Pakistan cricket'

'In a way India's business houses are running Pakistan cricket'

Rediff.com8 Oct 2021

Pakistan Cricket Board chief Ramiz Raja says the PCB can 'collapse' if India wants as 90 per cent of the ICC's funding comes from that country, which effectively means that the sport is being run by 'India's business houses'.

What F1 may have to do to get season started

What F1 may have to do to get season started

Rediff.com17 Apr 2020

Formula One could start the season behind locked gates due to the COVID-19 pandemic but the glamour sport will likely have to slim down considerably to get the green light to go racing. Across Europe, bans on mass gatherings and public events have been extended into July and August even as countries begin to emerge from the strict lockdowns that have put sporting activities on hold.

Why foreign car-makers are betting big on track car models

Why foreign car-makers are betting big on track car models

Rediff.com2 Sep 2021

Mercedes-Benz, Ferrari, Porsche and Lamborghini are some marquee badges that have introduced track cars to excite hard-core customers who want to push their cars to the limit, says Pavan Lall.

Football Focus: Guardiola seeks more consistency from City

Football Focus: Guardiola seeks more consistency from City

Rediff.com22 Jul 2020

News of all that's transpired on and off the football field.

Man City: Guardiola concedes defeat in title race

Man City: Guardiola concedes defeat in title race

Rediff.com22 Jun 2020

Liverpool need five points to be sure of their first English league crown in three decades and dethrone City, who have won the title in the last two seasons.

A Last Christmas for Santha Bakery

A Last Christmas for Santha Bakery

Rediff.com27 Oct 2022

December 2022 could be the last Christmas for Santha Bakery, a business drawing its lineage from the first Christmas cake baked in Kerala.

Zee - Sony merger deal sealed; Punit Goenka to be MD, CEO

Zee - Sony merger deal sealed; Punit Goenka to be MD, CEO

Rediff.com22 Dec 2021

Sony Pictures Networks India Pvt Ltd (SPNI) and Zee Entertainment Enterprises Ltd (ZEEL) on Wednesday said they have signed definitive agreements for their merger following conclusion of an exclusive negotiation period during which both parties conducted mutual due diligence. In a joint statement, the two companies said they have "signed definitive agreements to merge ZEEL with and into SPNI and combine their linear networks, digital assets, production operations and program libraries". The agreements follow the conclusion of an exclusive negotiation period during which ZEEL and SPNI conducted mutual due diligence, it added.

Why M&M will halt investment in SsangYong Motor

Why M&M will halt investment in SsangYong Motor

Rediff.com27 Jul 2020

M&M will close down GenZe, an e-scooter business in California, because it is unlikely it would stand on its own feet, and is ahead of its time.