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I-League Clubs Mohan Bagan, East Bengal In Peril After Losing Sponsorship Funds

06 / 18 / 13

I-League clubs Mohun Bagan and East Bengal "are up against financial problems," according to Aabhas Sharma of the Indian BUSINESS STANDARD. Both were being sponsored by Indian business magnate Vijay Mallya's UB Group "for the last 15 years." With Mallya's business interests taking a severe hit ...

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Tags: Finance, India

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04/05/13
IOA: Sports Ministry Slowing Return

The Indian Olympic Association "has sought directions from its world parent body on how to resolve the country's ban from the Olympic movement after a crucial joint meeting was postponed for the second time in two months due to the stand-off between the IOA and the government," according to the PTI. ...

Tags: Olympics, India

04/04/13
Pepsi Inks New 5-Year, $73M IPL Deal

Pepsi "is betting on India’s annual cricket tournament to arrest at least five years of decline in market share and close the gap with leader Coca-Cola" in the South Asian nation’s soft drink market, according to Adi Narayan of BLOOMBERG. Pepsi India Beverage Marketing at Purchase VP Dee ...

Tags: Marketing and Sponsorship, India

04/04/13
Singh Calls For Asian Tour Unity

Twice Asia No.1 golfer Jeev Milkha Singh "would like to see a truce between the Asian Tour and its rival OneAsia so the continent can realize its potential as golf's next big market," according to Amlan Chakraborty of REUTERS. For the second time this year, the rival tours went head-to-head last wee ...

Tags: Leagues and Governing Bodies, India

04/04/13
IOA Postpones Scheduled IOC Meeting

The "continuing stand-off" between India's government and sports administrators over a controversial Sports Code resulted "in the postponement of a crucial joint meeting with the IOC, delaying India's re-entry into the Olympic movement," according to the PTI. The meeting, scheduled to be held at the ...

Tags: Olympics, India

04/04/13
NADA Tests Vijender, Four Other Boxers

India's National Anti-Doping Agency tested boxer Vijender Singh along with four other boxers on Wednesday, according to the THE HINDU. Following pressure from the Sports Ministry, NADA "was forced to go ahead with the tests." After the Ministry asked NADA to put Vijender through a dope test, NA ...

Tags: Leagues and Governing Bodies, India

04/03/13
Former Reebok CFO Accused Of Fraud

The Institute of Chartered Accountants of India Tuesday said that "strict action could be taken" against former Reebok India CFO Vishnu Bhagat "if he failed to respond to the show-cause notice regarding the alleged fraud at the sportswear maker," according to the PTI. The ICAI "had issued the show-c ...

Tags: Finance, India

04/03/13
NADA Refuses To Test Indian Boxer

India's National Anti-Doping Agency's refusal to test boxer Vijender Singh for heroin has left the Indian Sports Ministry flummoxed, and it "will wait for a written response from NADA before deciding its next move" according to the PTI. The NADA, which is an autonomous body, "is willing to cond ...

Tags: Leagues and Governing Bodies, India

04/02/13
India's NADA To Drug Test Singh

The Indian Sports Ministry directed the National Anti-Doping Agency "to immediately carry out dope tests on star boxer Vijender Singh, who has been accused of consuming heroin by Punjab Police," according to the PTI. Almost a month after Vijender's name surfaced in the drug scandal, the Sports ...

Tags: Leagues and Governing Bodies, India

04/02/13
Bajaj Allianz To Sponsor Mumbai Indians

Private sector insurer Bajaj Allianz "may soon join the corporate bandwagon" sponsoring the Indian Premier League "as a principal sponsor of the Mumbai Indians team," according to the PTI. The deal would mark Bajaj Allianz Life Insurance’s second IPL sponsorship, "after being one of the foundi ...

Tags: Marketing and Sponsorship, India

04/02/13
IPL Plans 'Spectacular' Ceremony

Indian Premier League Kolkata Knight Riders co-Owner and Bollywood superstar Shah Rukh Khan on Monday promised a "spectacular and never-seen-before" opening ceremony of the IPL 6 to be held at the Salt Lake stadium on Tuesday. The opening ceremony of IPL 6, described as "the greatest ...

Tags: Events and Attractions, India

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