The Kolkata-based franchise, partly owned by La Liga club Atletico de Madrid for the first three seasons, had earlier this month split from the Spanish club.
Juve forward Cristiano Ronaldo had an unusually quiet game after scoring a hat-trick against Atletico in last year's competition, although he came within inches of grabbing a last-gasp winner when he sent a shot just past the far post.
If Atletico Madrid win a first Champions League title by beating city rivals Real Madrid on Saturday they will become the most successful team in the club's history, eclipsing the La Liga and King's Cup double winners of 1996.
News of all that's transpired on and off the football field
Manchester City came out on top in an epic Champions League battle against Monaco whereasAtletico Madrid beat hosts Bayer Leverkusen 4-2 in a topsy-turvy encounter.
'I haven't always expressed myself well. I said I would like to play with Neymar and Mbappe, but that doesn't mean I want to go to PSG'
Atletico Madrid substitute goalkeeper Antonio Adan saved three penalties before blasting home the winning spot-kick as the Europa League champions edged out Arsenal after the sides drew 1-1 in their International Champions Cup opener in Singapore on Thursday.
Arsenal manager Arsene Wenger was sad and frustrated after missing out on the Europa League final following Thursday's 1-0 defeat at Atletico Madrid in his last European game in charge of the London club.
Atletico Madrid are not seeking revenge for their 2014 Champions League final defeat but instead want to write a new chapter in the club's history with their first European Cup after getting past Bayern Munich.
Atletico Madrid's troubles away from home continued when they were held to a goalless draw at Alaves on Saturday, dropping points on the road for a second consecutive week and losing Uruguay international Jose Maria Gimenez to injury.
Atletico Madrid tore apart city rivals Real Madrid 4-0 at home to open up the La Liga title race on Saturday in a triumph crowned by a spectacular overhead kick goal by Saul Niguez.
Atletico Madrid coach Diego Simeone praised the 'decisive' Antoine Griezmann after his two goals helped down Olympique de Marseille 3-0 in the Europa League final on Wednesday and tried to convince the striker to resist the lure of Barcelona.
IMAGES from football matches played in the Spain, Germany and Portugal on Wednesday.
The France striker was fouled by Leicester's Marc Albrighton on the edge of the box and referee Jonas Eriksson deemed the action to have continued into the penalty area.
"Our club has reached an agreement with Gelson Martins, making him a new Atletico player," said a statement from last season's La Liga runners-up.
Manchester United showing 'concrete interest' in the French forward
Chelsea's Brazil left back Filipe Luis is poised to return to Atletico Madrid after one season at Chelsea where he failed to hold down a regular first team place, Atletico president Enrique Cerezo said.
The Catalonian side put up a good fight to stay level in the first half at a half-empty Wanda Metropolitano stadium, with Lucas Hernandez hitting the post and Diego Costa denied when one-on-one with the visiting keeper.
Images from the football matches played across Europe on Sunday
Lionel Messi came to Barcelona's rescue for the second time in a week by snatching a late winner to give his side a barely deserved 2-1 win at Atletico Madrid on Sunday which provisionally took the champions top of La Liga.
Atletico Madrid proved too streetwise to entertain another Leicester City fairytale as they quelled a stirring home display to reach the Champions League semi-finals for the third time in four seasons on Tuesday, winning 2-1 on aggregate.
Brazilian defender Filipe Luis scored for the second game running as Atletico Madrid beat Real Sociedad 1-0 on Tuesday to rack up a fifth straight win in La Liga and provisionally consolidate third place in the standings.
French striker Kevin Gameiro has joined Atletico Madrid on a four-year deal from fellow La Liga side Sevilla, the Champions League finalists said on Saturday.
Morata, who had scored his first goal for the club in last week's 2-0 win over Villarreal, rose to head home from close range on the half-hour mark following a corner which had been flicked on by Atleti captain Diego Godin.
Real Madrid, Barcelona and Atletico Madrid, find themselves in the bizarre situation of having made poor starts to the campaign
Tottenham Hotspur defender Toby Alderweireld insists his run to the Champions League final with Atletico Madrid two years ago proves that underdogs can compete with Europe's elite and win the competition.
Diego Costa gave Europa League holders Atletico a dream start against Champions League winners Real by firing them ahead after 49 seconds, knocking down a long pass and smashing the ball into the net from a tight angle.
Spain forward Fernando Torres has agreed to return to Atletico Madrid on loan from AC Milan until the end of the 2015-16 season.
Atletico Madrid coach Diego Simeone may have played down the significance of Sunday's 2-1 La Liga defeat at Real Sociedad but it has raised further questions about the champions' ability to defend their title.
Striker Fernando Torres has been released from hospital, his club Atletico Madrid said on Friday, after sustaining a head injury during Thursday's 1-1 draw at Deportivo La Coruna.
Atletico Madrid slumped to a 3-0 defeat at resurgent Real Sociedad on Thursday which means Barcelona need one more victory to wrap up a 25th Spanish La Liga title while Malaga were relegated after losing 1-0 at Levante.
Real Madrid survived an early Atletico Madrid onslaught to reach the Champions League final 4-2 on aggregate on Wednesday and set up a mouth-watering clash against Juventus.
Thomas Partey scored his first goal for Atletico Madrid as they reached the last 16 of the King's Cup with a 1-0 home victory over third-tier Reus on Thursday that secured a 3-1 aggregate success.
Atletico Madrid delayed Barcelona's La Liga title celebrations by beating Valencia 3-2 at home in an entertaining game on Wednesday at a sparsely attended Wanda Metropolitano stadium.
Atletico de Kolkata produced a gritty performance as they scored twice in the second half to notch up a 2-1 win over hosts NorthEast United in an entertaining Hero Indian Super League match at Indira Gandhi Athletic Stadium in Guwahati on Friday.
Atletico Madrid were given a big boost ahead of Saturday's Champions League final against Real Madrid in Milan with the news that coach Diego Simeone will be staying on next season. President Enrique Cerezo said on Thursday that the former Atletico player would remain at the club until at least June 2017, when his contract expires. "Simeone will stay next season," Cerezo told Spanish radio station Cadena Ser.
Atletico Madrid are close to tying up a deal for Spain forward Fernando Torres to return to his boyhood club on loan from Chelsea.
PSV Eindhoven will miss striker Luuk de Jong when they entertain Atletico Madrid in the first leg of the Champions League last 16 on Wednesday.
Substitute Fernando Torres scored his 100th Atletico Madrid goal as they rallied from 1-0 down to beat visiting Eibar 3-1 and go level with Barcelona at the top of La Liga on Saturday. Two headed goals from corner kicks seven minutes apart by central defenders Jose Maria Gimenez and Saul put Atletico on track after Keko had given Eibar the lead in the 46th. Coach Diego Simeone will be glad his side ended a run of four matches without a win in La Liga and the King's Cup while Torres, who netted in added time, had been waiting since a victory at Eibar in September to reach his century for the club. Atletico are unlikely to stay joint top on 51 points beyond Sunday as rampant Barcelona, who have a better goal difference and two matches in hand, visit bottom team Levante. Real Madrid, away to Granada on Sunday, are in third place, four points off the pace.
France forward Antoine Griezmann says he would only leave Atletico Madrid if manager Diego Simeone also quit the La Liga club.