Grandmaster Abhijeet Gupta is struggling to receive his prize money from the Odisha Open, prompting him to seek intervention from the Sports Ministry after repeated assurances from organisers yielded no payment.
Grandmaster Abhijeet Gupta, frustrated by delays in receiving prize money for winning the Odisha Open, has been assured by the All India Chess Federation that the issue will be resolved and his dues cleared.
The French Open will increase its prize money by 9.5% this year, bringing the total purse to 61.7 million euros. This increase reflects a broader trend of Grand Slam tournaments boosting player earnings, particularly in the early rounds, amid ongoing discussions about revenue distribution in tennis.
Top tennis players, including Aryna Sabalenka and Coco Gauff, are considering a boycott of Grand Slam tournaments if they don't receive a larger share of the revenue. They are also seeking better representation, health options, and pensions.
The ICC has announced the distribution of a record USD 11.25 million prize fund following the men's T20 World Cup, with champions India receiving the largest share.
The Australian Open will offer a record A$111.5 million ($74.73 million) in prize money this year and while players welcomed the increase, top names like Coco Gauff and Aryna Sabalenka said the push for a bigger payout must continue across the Grand Slams.
The 13th edition of the global showpiece event, beginning on September 30, is being jointly hosted by India and Sri Lanka.
The US Open announced $90 million in prize money will be on offer at this year's final major, marking the largest purse in tennis history, up 20 percent from 2024.
Beyond the historic victory, the IPL 2025 final also showcased the soaring financial stakes of the tournament, with record-breaking prize money rewards that reflect the league's explosive growth since its inception.
The Diamond League will increase its prize money to more than $9 million in 2025, the highest in the history of the series, the organisers said on Wednesday.
'Nobody in the Olympic landscape should conclude that because I had a mandate in World Athletics... that this is a one-size-fits-all. That I suddenly walk straight into the (IOC) office in Lausanne next week and tell everybody they are taking prize money.'
The prize pool will be smaller than those at the men's and women's World Cups held in the Indian subcontinent in the last three years.
MTV Splitsvilla 16 grand finale to be aired on May 16, 2026. Get the winner reveal, top 3 finalist couples, 20 lakh prize, host details, and Paisa Villa twist.
The Professional Tennis Players Association (PTPA) has criticised the French Open's prize money structure, supporting players' demands for a fairer share of revenue and broader structural changes in tennis.
Top tennis players, including Jannik Sinner, Aryna Sabalenka, and Coco Gauff, are threatening to boycott the French Open due to dissatisfaction with the current prize money distribution, claiming a lack of respect and a decreasing share of tournament revenue.
The 9th Annual All India Shree Cement Bridge Championships begins in Kolkata, featuring over 400 participants competing for a prize pool of Rs 10 lakh.
The total prize money on offer at Wimbledon has risen to a record 44.7 million pounds ($56.52 million) for the Championships this year.
The grasscourt major will be held from June 27 to July 10.
Novak Djokovic begins his quest for a record-extending 25th Grand Slam title at the French Open, while Alexander Zverev hopes to finally break through and win his first major. The tournament starts amid tensions over prize money and player influence.
Here is what you need to know about the prize pot on offer at the 2024 US
The prize money for the men's and women's doubles events have also gone up by 4%, organisers added.
Five Indian relay teams are set to compete in the World Athletics Relays in Gaborone, Botswana, aiming to secure qualification for the 2027 World Athletics Championships in Beijing.
A simmering dispute between players and the Grand Slams over revenue sharing intensified at the French Open on Friday, with Novak Djokovic warning the sport risked further fragmentation as leading players pressed for a greater voice in shaping its future.
Defending champions Formidables triumphed over Monica Jajoo to secure their fourth team event title at the All India Bridge Championship in Kolkata. The MP Pairs event was won by Aloke Kumar Sadhu and Samir Basak.
Hardik Pandya recalled how Ricky Ponting pranked him during his debut IPL season with Mumbai Indians in 2015 by joking about prize money after post-match awards.
Former chief coach Vimal Kumar has expressed his disappointment with the Badminton World Federation's decision to change the scoring system, arguing it dilutes the sport and fails to address its real challenges.
Jevans also announced that wheelchair competitions would have a prize pot of one million pounds to reflect their growing popularity, with singles and doubles draws expanding to 16 players and eight teams.
The National Sports Awards have been delayed due to a re-evaluation process by the Sports Ministry to ensure only deserving athletes are honoured. The ministry aims to establish clearer criteria to avoid controversies and ensure deserving athletes are recognised without unnecessary hurdles.
Keegan Smith defeated Philip Sekulic to win the men's singles title at the Karnataka Open. Niki Kaliyanda Poonacha and Saketh Myneni won the men's doubles title.
Here is what you need to know about the prize pot on offer at Wimbledon:
The National Sports Awards in India have been delayed due to a re-evaluation process aimed at ensuring only deserving athletes receive the honour. The Sports Ministry is reassessing Arjuna Award recommendations to maintain the award's value and avoid controversies.
Indian Grandmaster R Praggnanandhaa drew with Wesley So in the fifth round of the Super Chess Classic, part of the Grand Chess Tour, while Vincent Keymer of Germany maintained his lead.
India's top-ranked player Dipika Pallikal remains firm on her stance of not being part of the premier domestic event until equal prize money is offered to male and female participants.
'Many of the children I work with had never attended school before and had never been given the right environment or opportunity to learn.'
'When education became accessible -- through flexible learning spaces, creative methods and community-based classrooms -- these same children began to thrive.'
'Over time, many who had never stepped into a formal classroom not only entered the education system but continued their studies further, with some going on to university.'
Here is what you need to know about the prize pot on offer at the US Open
ICC announced equal prize money for men's and women's teams at ICC events while also making changes to the over-rate sanctions in Test cricket.
Hyderabad police have dismantled a multi-crore illegal money circulation racket allegedly promoted by QNet, arresting 32 individuals across Telangana, Andhra Pradesh, and Karnataka.
The triumphant Mumbai team will receive an additional Rs 5 crore for its unprecedented 42nd Ranji Trophy title after the state cricket association doubled the prize purse on Thursday.
Former world number one Andy Murray said he would donate his prize money won from tennis tournaments in 2022 towards aid efforts for children affected by Russia's invasion of Ukraine.
Former US President Donald Trump claimed victory over Iran, stating they agreed to never have a nuclear weapon and provided a 'significant prize' related to the Strait of Hormuz. He also suggested a change in Iranian leadership and acknowledged Pakistan's role in facilitating talks.
© 2026 Rediff.com - Advertise with us - Disclaimer - Privacy Policy - Sitemap - Feedback - About us - Terms of use - Grievances