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Markdowns approach 50% for edtech group Byju’s and food delivery service Swiggy
Also in this week’s newsletter, a breakthrough for women at March Madness
Also in this newsletter, F1 owner dispute and Juventus accused of false accounting
Rajasthan Royals prepared for losses to ‘grow the game’ but critics say tournaments weaken international matches
Franchise expansions by Indian Premier League owners could make domestic clubs the sport’s dominant force
Competition now claims to be the world’s second-most valuable sports league on a per-game basis
US media group loses IPL streaming rights but pays $3bn to air the sport on traditional TV
Viacom18 secures online broadcast rights for Indian Premier League matches
Sony and Amazon among those expected to join Indian Premier League auction
India’s $6bn short-format league is about to set off a TV rights frenzy, dealing a further blow to international cricket
Perceived lack of meaningful competition threatens traditional five-day contest
Cricket competition has two new teams and a lot riding on broadcasting rights talks
Plus, digging into the Super League’s legal case against Uefa, and more.
Ahmedabad and Lucknow franchises sold for $745m and $945m as investors rush to profit from competition’s rise
Plus, Afghan cricket after Taliban takeover, Uefa suffers Super League defeat, and more
Potential rivals for multibillion-dollar contract include Disney, Facebook, Amazon and Reliance
Indian players pull out of fifth Test over Covid concerns just days before lucrative tournament based on game’s shorter form
This week in the business of sport: UK government sparks controversy over VIPs skipping quarantine to attend Euro 2020, US investors buy into Indian cricket, and more.
Investor in Boston Red Sox and Liverpool acquires 15% stake in IPL franchise
Bar on citizens returning from India has been labelled racist, cruel and possibly illegal
Organisers had faced criticism for allowing games to continue despite country’s health crisis
Scarce resources being diverted to IPL as Covid deluge overwhelms health system, say critics
Microsoft chief and Bollywood superstar among high-profile backers of US Twenty20 tournament
Tournament postponed twice by pandemic fuels ad spending boost
The wildly popular and lucrative IPL is feeling the effects of the pandemic and anti-China sentiment
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