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Mumbai Indians Owner Mukesh Ambani Tops List Of Wealthiest IPL Owners

04 / 24 / 14

A Wealth-X estimate said that Reliance Industries Chair/Managing Dir Mukesh Ambani "is the wealthiest Indian cricket team owner" with an estimated net worth of $21.2B, according to the PTI. Through Reliance, Ambani owns Indian Premier League defending champions Mumbai Indians. Ambani’s worth "...

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Tags: Finance, India

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01/15/13
Women's Cricket WC Financially Snubbed

The women's cricket World Cup begins in Mumbai, India on Jan. 31, "but observers are shocked at the low-key preparations for the event," according to Indranil Basu of the TIMES OF INDIA. Int'l Cricket Council sources said that the budget for the event is $3.5M -- 45 times less than the $160M budget ...

Tags: Events and Attractions, India

01/14/13
AITA Defends Against Players' Claims

The All India Tennis Association refuted professional tennis player Somdev Devvarman's "claim that the players were completely unaware of the additional concessions made by the national tennis federation," saying that it had discussed the new offers with at least three players, according to the PTI. ...

Tags: Leagues and Governing Bodies, India

01/14/13
HIL Brings Players Financial Windfall

India's field hockey players "are set for a financial windfall when they take part in a new tournament" that begins Monday and is inspired by cricket's popular Twenty20 leagues, according to the AFP. The Hockey India League, sanctioned by the sport's world governing body, will feature "top stars fro ...

Tags: Leagues and Governing Bodies, India

01/14/13
AIFF To Meet About I-League Entry

The All India Football Federation has called for an exec committee meeting on Tuesday "to decide on a proposal to hand corporate teams direct entry into the I-League," according to Marcus Mergulhao of the TIMES OF INDIA. The recent suspension of  I-League club Mohun Bagan "and the uncertainty ...

Tags: Leagues and Governing Bodies, India

01/09/13
AITA Sets Thursday Deadline For Players

Indian tennis "faces a second major embarrassment in six months after negotiations between the association and disgruntled Davis Cup players failed ahead of their home tie against South Korea next month," according to REUTERS. The eight top players "submitted a list of requirements to the All India ...

Tags: Leagues and Governing Bodies, India

01/08/13
Bollywood Actor Balks On I-League Stake

Bollywood actor Shah Rukh Khan's proposed deal to buy stake in I-League Dempo Sports Club is reportedly "dying out," as he is "finding it difficult to attend" football matches as required by a clause, according to the PTI. Dempo Sports Club Owner Srinivas Dempo said that "the deal may not materialis ...

Tags: Franchises, India

01/07/13
IPL-Style Golf League Launches

Professional golfer Shiv Kapur, in collaboration with a sports management firm promoter Neeraj Sareen, "launched a franchisee-based golf league, on the lines of the Indian Premier League on Friday," according to THE HINDU. Kapur said, "The idea behind the Golf Premier League is to create a fast-pace ...

Tags: Leagues and Governing Bodies, India

01/07/13
AITA Agrees To Compromise With Players

India's tennis authorities "have agreed to accept most of the demands made by its regular Davis Cup players who had threatened to boycott next month's home tie against South Korea," according Sudipto Ganguly of REUTERS. India's top eight players, excluding Leander Paes, "submitted a list of requir ...

Tags: Leagues and Governing Bodies, India

01/04/13
Ten Sports Secures WTA TV Rights

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Tags: Media, Middle East, India

01/04/13
Star India Launches New Website

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Tags: Media, India

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