News for 'sports investment'

Arunachal Pradesh Set To Lead Northeast In Sports, Says Minister

Arunachal Pradesh Set To Lead Northeast In Sports, Says Minister

Rediff.com6 days ago

Arunachal Pradesh Sports and Youth Affairs Minister Kento Jini announced the state's ambition to become the leading sporting state in the Northeast, highlighting its current second-place ranking after Manipur and the participation of two athletes in the upcoming Asian Games. The state celebrated National Sports Day by felicitating over 102 athletes and coaches with Rs 50 lakh in incentives, while officials and a renowned mountaineer encouraged continued sports participation.

Women's Sports See Record Viewership, Sponsorship Growth in US

Women's Sports See Record Viewership, Sponsorship Growth in US

Rediff.com13 Aug 2026

Women's sports garnered 28.6 billion minutes of views in the U.S. in the first half of 2026, an 18% increase year-over-year, with advertising spend up 120% since 2022, according to a Nielsen report.

Emami Group Concludes Investment In East Bengal FC, Shifts To Sponsorship Role

Emami Group Concludes Investment In East Bengal FC, Shifts To Sponsorship Role

Rediff.com25 Aug 2026

Emami Group has officially concluded its role as an investor and manager in East Bengal Football Club, transferring all shares and voting rights back to the club. The group will, however, continue its association with East Bengal FC as a sponsor, reaffirming its commitment to Indian football. This transition follows a successful period for the club under Emami's ownership, marked by significant victories for both men's and women's teams.

How Neeraj Chopra's Co-Ownership Will Boost Grassroots Sports In India

How Neeraj Chopra's Co-Ownership Will Boost Grassroots Sports In India

Rediff.com7 Aug 2026

Olympic medallist Neeraj Chopra has become a co-owner of the UBS Athletics Kids Cup, a grassroots initiative promoting sports among children. Having served as an ambassador, Chopra's new role aims to expand the programme's reach to one million children across India, fostering confidence, discipline, and a stronger sporting culture from the ground up.

Sports Ministry Provisionally Recognises FMSCI To Boost Motorsport In India

Sports Ministry Provisionally Recognises FMSCI To Boost Motorsport In India

Rediff.com24 Jul 2026

The Sports Ministry has provisionally recognised the Federation of Motor Sports Clubs of India (FMSCI) as a National Sports Federation (NSF), a move aimed at promoting motorsport and facilitating Formula 1's return to India. This recognition requires FMSCI to amend its constitution to comply with governance acts, and a Task Force is being established to assess the benefits and challenges of hosting major motorsport events.

How India Plans To Become A Global Sporting Powerhouse

How India Plans To Become A Global Sporting Powerhouse

Rediff.com23 Jul 2026

Union Minister Bandi Sanjay Kumar announced India's ambitious plan to rank among the top 10 sporting nations by 2036 and top five by 2047. He highlighted the central government's commitment to sports development through initiatives like Khelo India, increased budget allocation, and a special fund for sports equipment and technology, emphasising sports as a tool for nation-building and youth empowerment.

How India Plans To Become A Global Sporting Powerhouse

How India Plans To Become A Global Sporting Powerhouse

Rediff.com23 Jul 2026

Union Minister Bandi Sanjay Kumar announced India's ambitious plan to rank among the top 10 sporting nations by 2036 and top five by 2047. He highlighted the central government's commitment to sports development through initiatives like Khelo India, increased budget allocation, and a special fund for sports equipment and technology, emphasising sports as a tool for nation-building and youth empowerment.

JK Tyre Invests In Future Of Indian Motorsport With Atiqa Mir Sponsorship

JK Tyre Invests In Future Of Indian Motorsport With Atiqa Mir Sponsorship

Rediff.com27 Aug 2026

JK Tyre has signed 11-year-old racing sensation Atiqa Mir, reinforcing its commitment to nurturing young talent in Indian motorsport. Atiqa, who has already achieved significant international success, joins an elite list of drivers supported by the company, including F1 legends Narain Karthikeyan and Karun Chandhok. Her journey also highlights the increasing presence of women in motorsport.

Football icon Gerard Pique invests in Global Chess League franchise

Football icon Gerard Pique invests in Global Chess League franchise

Rediff.com18 Aug 2026

World Cup-winning Spanish footballer Gerard Pique has become a strategic shareholder in the Global Chess League franchise American Gambits. Pique, known for his illustrious football career, expressed his long-standing fascination with chess and his ambition to elevate the sport's global appeal. The fourth edition of the Global Chess League, featuring top grandmasters, is scheduled for September 3-13.

FIFA to proceed with $20 billion World Cup investment plan despite UEFA boycott

FIFA to proceed with $20 billion World Cup investment plan despite UEFA boycott

Rediff.com31 Jul 2026

FIFA has announced it will proceed with its consultation process to bring private investment into the World Cup and other tournaments, despite strong opposition and a boycott threat from UEFA. The plan involves creating a $20 billion subsidiary, FIFA Forward Enterprise, to manage commercial and event operations, offering external investors up to 20% stakes.

FIFA clarifies 'no sale of football' amid UEFA boycott threats over investment plans

FIFA clarifies 'no sale of football' amid UEFA boycott threats over investment plans

Rediff.com31 Jul 2026

FIFA has issued a clarification regarding its FIFA Forward Enterprise (FFE) proposal, stating it would 'never entertain' selling football to private parties and aims to ensure meaningful commercial ownership for all member nations, following strong criticism and boycott threats from UEFA and CONCACAF.

Amit Bhatia-led consortium acquires minority stake in Liverpool football club

Amit Bhatia-led consortium acquires minority stake in Liverpool football club

Rediff.com16 Aug 2026

Premier League club Liverpool FC has finalised a deal to sell a minority equity stake to a consortium led by British-Indian businessman Amit Bhatia.

Jeff Bezos-backed consortium acquires minority stake in Liverpool FC

Jeff Bezos-backed consortium acquires minority stake in Liverpool FC

Rediff.com14 Aug 2026

A consortium, including Amazon founder Jeff Bezos, has acquired approximately one-third minority stake in Premier League club Liverpool FC, with current owners Fenway Sports Group retaining majority control.

Players' Union Slams FIFA's 'Disturbing' $20 Billion World Cup Investment Plan

Players' Union Slams FIFA's 'Disturbing' $20 Billion World Cup Investment Plan

Rediff.com30 Jul 2026

Australia's players union has joined global criticism of FIFA's proposal to bring private investors into the World Cup and other events, citing a lack of transparency and pressure on member associations to approve the $20 billion plan.

Gandhinagar Gets New Sports Infrastructure Boost

Gandhinagar Gets New Sports Infrastructure Boost

Rediff.com24 May 2026

Sports Minister Mansukh Mandaviya inaugurated new sports infrastructure facilities at SAI NCoE Gandhinagar, reinforcing the government's commitment to building world-class sporting ecosystems. The new facilities aim to strengthen athlete preparation through integrated support in training, recovery, nutrition, sports science, and mental wellbeing.

Ladakh Unveils First International-Level Artificial Ice Hockey Rink

Ladakh Unveils First International-Level Artificial Ice Hockey Rink

Rediff.com13 Aug 2026

Ladakh has inaugurated its first international-level artificial ice hockey rink, a state-of-the-art facility costing Rs 42 crore. Equipped with a 24x7 chilling system, it allows year-round training, overcoming the previous limitation of a short natural ice season. This development is expected to boost winter sports, nurture local talent, and promote sports tourism in the region.

FIFA hands out suspensions, hefty fines after Argentina-Spain World Cup final brawl

FIFA hands out suspensions, hefty fines after Argentina-Spain World Cup final brawl

Rediff.com22 Aug 2026

Argentina's Leandro Paredes received a 10-match suspension and Nahuel Molina a seven-game ban from FIFA for their involvement in a brawl after the World Cup final against Spain, with both players also fined $90,000 each. The Argentine Football Association (AFA) was hit with a $321,000 fine for multiple disciplinary breaches, including a controversial banner display and team misconduct.

Gujarat Boosts Athlete Support With Shaktidoot 2.0 Scheme And Rs 388 Crore Infrastructure

Gujarat Boosts Athlete Support With Shaktidoot 2.0 Scheme And Rs 388 Crore Infrastructure

Rediff.com11 Aug 2026

Gujarat Deputy Chief Minister Harsh Sanghavi has launched the 'Shaktidoot 2.0' statewide sports scheme, significantly increasing financial assistance for athletes up to Rs 50 lakh. The initiative also focuses on identifying grassroots talent, supporting differently-abled players, and inaugurating sports complexes and libraries worth over Rs 388 crore. The scheme introduces a transparent, performance-based selection process and immediate aid for exceptional non-scheme players.

Amit Bhatia-Jeff Bezos set to buy stake in Liverpool FC

Amit Bhatia-Jeff Bezos set to buy stake in Liverpool FC

Rediff.com10 Aug 2026

The consortium is being led by Amit Bhatia, the son-in-law of steel magnate Lakshmi Mittal and a former shareholder in English second-tier club Queens Park Rangers.

Paredes speaks out after FIFA hands him 10-match ban

Paredes speaks out after FIFA hands him 10-match ban

Rediff.com4 days ago

Argentine midfielder Leandro Paredes has labelled his 10-match ban, imposed by FIFA following an altercation with Spanish players after the World Cup final, as 'excessive' and believes it can be reduced upon appeal.

Kushner defends FIFA's $20 billion gamble, but concedes political miscalculation

Kushner defends FIFA's $20 billion gamble, but concedes political miscalculation

Rediff.com3 days ago

Josh Kushner said Thrive Capital misjudged football's political dynamics, would have avoided FIFA's failed $20 billion rights plan, but still supports its aim of broader investment.

Why Hooda wants Haryana to host CWG 2030

Why Hooda wants Haryana to host CWG 2030

Rediff.com4 Aug 2026

Congress MP Deepender Hooda has urged the central government to consider Haryana as the host or co-host for the 2030 Commonwealth Games, citing the state's significant contribution to India's medal tally in major competitions.

Infantino faces fresh threat ahead of FIFA election

Infantino faces fresh threat ahead of FIFA election

Rediff.com24 Aug 2026

FIFA President Gianni Infantino is campaigning for re-election by positioning himself as the advocate for less wealthy football nations, while UEFA President Aleksander Ceferin has ruled out running against him but anticipates an opposition candidate.

'Save this league': India women make passionate plea for Women's HIL

'Save this league': India women make passionate plea for Women's HIL

Rediff.com25 Aug 2026

India women's hockey players urge the Sports Ministry and corporates to save the Women's HIL, saying the league is vital for developing future talent.

SKASports To Develop Regional Sports Ecosystem With Singapore Club

SKASports To Develop Regional Sports Ecosystem With Singapore Club

Rediff.com16 May 2026

Chennai-based SKASports Investments Private Ltd has signed an agreement with a Singapore club to develop a regional sports ecosystem that would tap the large pool of footballers and coaches from India.

How JK Tyre Is Fueling The Next Generation Of Indian Motorsport Talent

How JK Tyre Is Fueling The Next Generation Of Indian Motorsport Talent

Rediff.com27 Aug 2026

JK Tyre has signed 11-year-old racing sensation Atiqa Mir, reaffirming its commitment to nurturing young talent in Indian motorsport. Mir, who has already achieved significant success on the international karting circuit, including podium finishes and victories in Europe, is the first Indian supported by the F1 Academy and the highest-ranked female in her category. This sponsorship highlights her potential as an emerging talent and JK Tyre's legacy in supporting top Indian drivers.

Why India rose and Pakistan fell: Hockey great explains

Why India rose and Pakistan fell: Hockey great explains

Rediff.com15 Aug 2026

Former Pakistan captain Salman Akbar attributes his country's hockey decline to the absence of a robust domestic structure, contrasting it with India's strategic investment in grassroots and domestic ecosystems after failing to qualify for the 2008 Olympics. He highlights India's subsequent success and calls for similar foundational changes in Pakistan.

Lakers set to break record with $12.5 billion sale

Lakers set to break record with $12.5 billion sale

Rediff.com13 Aug 2026

The Los Angeles Lakers NBA team is reportedly being sold to businessmen Josh Kushner and Bob Iger for an unprecedented $12.5 billion, a deal that would make it the most expensive sports team ever sold.

The 4 Biggest EPL Signings of 2026

The 4 Biggest EPL Signings of 2026

Rediff.com2 days ago

The Premier League once again led the global transfer market in 2026, with clubs making significant investments in top talent. This summer saw four major signings exceeding 100 million, including Enzo Fernandez to Manchester City, Bradley Barcola to Liverpool, Morgan Rogers to Chelsea, and Elliot Anderson also to Manchester City, highlighting the league's financial power and ambition.

Ahmedabad to set new benchmarks for accessibility, sustainability at 2030 Commonwealth Games

Ahmedabad to set new benchmarks for accessibility, sustainability at 2030 Commonwealth Games

Rediff.com3 Aug 2026

Gujarat Deputy Chief Minister Harsh Sanghavi has outlined Ahmedabad's vision for the 2030 Commonwealth Games, emphasising unparalleled accessibility for para athletes and a strong commitment to sustainability through green energy and electric transport.

Excited to bring world's biggest sporting spectacles to Indian audiences: Zee CEO

Excited to bring world's biggest sporting spectacles to Indian audiences: Zee CEO

Rediff.com1 Jun 2026

"Excited to bring world's biggest sporting spectacles to Indian audiences": Zee CEO Punit Goenka after securing FIFA broadcasting rights till 2034

Mandaviya Assures Continued Support For India's Top Shooters

Mandaviya Assures Continued Support For India's Top Shooters

Rediff.com30 Jul 2026

Sports Minister Mansukh Mandaviya has assured continued government support to trap shooter Neeru Dhanda and pistol ace Esha Singh, who recently achieved historic gold medals at ISSF World Cups. Mandaviya highlighted shooting as a priority sport for India, with significant investment in athlete development programs like TOPS and Khelo India, aiming for future Olympic and Commonwealth Games success.

French Badminton Makes History With Double World Titles

French Badminton Makes History With Double World Titles

Rediff.com23 Aug 2026

France achieved a historic double victory at the World Championships, with Thom Gicquel and Delphine Delrue winning mixed doubles and Alex Lanier securing the men's singles title. This unprecedented success is attributed to decades of strategic investment in a national badminton system, including national and regional centres, coach education, and a focus on holistic player development, aiming to elevate France among traditional Asian powerhouses in the sport.

FIDE Elections: Viswanathan Anand Faces Tough Battle

FIDE Elections: Viswanathan Anand Faces Tough Battle

Rediff.com2 days ago

The FIDE elections will see three Indians, including chess legend Viswanathan Anand, vying for crucial leadership positions amidst a complex electoral landscape and a high-stakes three-way presidential battle.

Mizoram CM Sets Ambitious Futsal Goals For State

Mizoram CM Sets Ambitious Futsal Goals For State

Rediff.com31 Jul 2026

Mizoram Chief Minister Lalduhoma has called for the state to become a hub for Indian futsal, producing players capable of leading the national team to the FIFA Futsal World Cup. Speaking at a felicitation for Tlangnuam Futsal Club, he emphasised nurturing talent for international success and highlighted government investment in sports infrastructure.

Trump: Replacing Infantino as FIFA President would be 'terrible mistake'

Trump: Replacing Infantino as FIFA President would be 'terrible mistake'

Rediff.com11 Aug 2026

US President Donald Trump has publicly backed FIFA President Gianni Infantino, stating that replacing him would be a 'terrible mistake' and that the sport would 'never be as successful or profitable' without him, despite Infantino facing significant backlash and a battle to retain his position ahead of next year's presidential elections.

How PSBs Plan To Target Gen Z

How PSBs Plan To Target Gen Z

Rediff.com26 Aug 2026

Finance Minister Nirmala Sitharaman urged PSBs to become 'cool' and shed their 'government bank' image to attract young customers.

From borrowed rifle to Asian Games: Vidarsa K Vinod's journey of sacrifice and resilience

From borrowed rifle to Asian Games: Vidarsa K Vinod's journey of sacrifice and resilience

Rediff.com10 Aug 2026

Vidarsa K Vinod, a 27-year-old shooter from Kerala, has secured a spot in India's Asian Games squad for the 10m Air Rifle and 50m Rifle 3 Positions events, overcoming significant financial hurdles and training setbacks through resilience and family support.

Provisional NSF Status For FMSCI Paves Way For F1 Return

Provisional NSF Status For FMSCI Paves Way For F1 Return

Rediff.com24 Jul 2026

The Sports Ministry has provisionally recognised the Federation of Motor Sports Clubs of India (FMSCI) as a National Sports Federation (NSF). This status makes FMSCI eligible for financial grants and is a significant step in the government's efforts to bring Formula 1 racing back to India, with a Task Force also being formed to explore hosting major motorsport events.

Now, Tiangong Ultra Chinese robot runs 100 metres in 8.86 seconds!

Now, Tiangong Ultra Chinese robot runs 100 metres in 8.86 seconds!

Rediff.com26 Aug 2026

China's Tiangong Ultra humanoid robot has set a new 100-metre sprint record of 8.86 seconds at the World Humanoid Robot Games in Beijing, significantly surpassing Usain Bolt's human world record of 9.58 seconds.