If Subhash Chandra is planning to challenge the ICC-BCCI monopoly in cricket, he has to show the money. Else, he will fail like he did with his Indian Cricket League
The Essel Group today rebutted news reports that it was setting up parallel cricket boards across different countries in collaboration with Ten Sports Network but said it was now geared up to enter the sports business at a global level, focusing on cricket.
Whatever the case, cricket is changing. The natural forces of a free market economy are doing as they should.
Whatever the outcome of the hostile takeover, this is a good time to jump into the stock as each party will be keen in increasing their stake to gain control.
In the first two months of this year, M&A deals worth $16 billion were announced, which suggests that there could be a continuing shower of deals in the months ahead.
Manoj Gupta, executive VP & group CIO, Essel Group, discusses the group's move to adopt a SAP platform for efficient content management.
SES NEW SKIES' satellite capacity will be used to support a new digital headend-in-the-sky (HITS) platform to distribute pay-TV signals to cable headends serving millions of Indian homes.
Essel group has announced the adoption of SAP as a common business platform and expects to bring transparency as well as efficiency across the organisation with this deployment.