Explore Business Standard
Fantasy gaming platform Dream11's parent firm Dream Sports is testing a new app, Dream Money, to foray into the financial services sector, sources aware of the development said on Sunday. Dream Sports has been a major real-money gaming player in India, but it has to close its money-based games after the government banned all forms of online money games. "Dream Money has been under pilot for the last few months. The platform has not been launched yet," a source aware of the development said. As per information available on Google Play Store, the app will offer gold purchase service on a daily basis, starting from Rs 10 per day and fixed deposits starting from Rs 1,000. The app has been published by a Dream Sports entity, Dreamsuite. The website of DreamSuite shows that DreamSuite Finance will be launched soon to offer "seamless financial services". While Dream Sports has closed its online money-based games, it continues to operate sports experience and travel platform Dream Set G
The Lok Sabha on Monday passed two sports bills after a brief discussion, amid the din of opposition protests over the revision of electoral rolls in Bihar. When the House reassembled at 2 pm after an initial adjournment, the Lok Sabha took up The National Sports Governance Bill and The National Anti-Doping (Amendment) Bill for consideration and passage. When the Bills were taken up, there were hardly any opposition members in the House as most of them were detained during their protest march towards the Election Commission against the Special Intensive Revision (SIR) of electoral rolls in Bihar and alleged voter data fudging. Soon after, opposition members returned to the House and started raising slogans. Amid the din, the two bills were passed by a voice vote, following which the House was adjourned till 4 pm.
Sports Minister Mansukh Mandaviya on Thursday said that the National Sports Governance Bill, which will be tabled in the Parliament during next week's monsoon session, has been drafted with inputs from not just the stakeholders here but also international bodies like the IOC and FIFA. Addressing the one-day 'Khelo Bharat Conclave', featuring representatives from the Indian Olympic Association (IOA), National Sports Federations (NSFs), the corporate world and athletes, the minister reiterated his commitment to have the bill passed for which he has even held discussions with former sports minister and Congress leader Ajay Maken. The monsoon session of the Parliament will start on July 21. "I did a series of consultations with NSFs, athletes, coaches, also got 600 inputs from the public when the draft was put online for suggestions. I also had a three-hour meeting with sports lawyers to understand their perspective," Mandaviya stated in his address. "The IOC (International Olympic ...
India will mount a "strategic" bid for both the 2029 and 2031 World Athletics Championships when the process begins later this year, hoping to get the hosting right of one of the two editions of the showpiece, national federation spokesperson Adille Sumariwalla said on Sunday. World Athletics, the sport's governing body, will announce the hosts of both the 2029 and 2031 editions in September 2026. The deadline for expression of interest by the member countries is October 1, 2025. "We are going to do strategic bidding for 2029 and 2031 (Championships). Both editions will be awarded together and whichever edition we get is fine," Sumariwalla, a vice-president of the World Athletics and former president of Athletics Federation of India (AFI), told PTI. "There is still some time (for the process to start). We are going to submit the bids," added Sumariwalla, who was here for the inaugural edition of the NC Classic international javelin event won by host and competitor Neeraj Chopra, th
Rookie Australia opener Nathan McSweeney admitted feeling "devastated" after being dropped for the last two Tests of the Border-Gavaskar Trophy against India but vowed to work hard to reclaim his spot in the national team. McSweeney was on Friday dropped by the national selectors, who handed a maiden call-up to teenage sensation Sam Kontas. "Yeah, I mean devastated, I get the dream come true and then didn't quite work the way I wanted," McSweeney told Channel 7. "But it's all part of it, and I'll get my head down and get back in the nets and work really hard and hopefully be ready to go for the next opportunity." The 25-year-old, who made his Test debut in the series-opener in Perth, struggled at the top with scores of 10, 0, 39, 10 not out, 9, and 4 in his six innings. He was dismissed by Indian pacer Jasprit Bumrah four times during the series. "It's the game we're in. If you don't take an opportunity and you're not performing as well as you want to, your position's never safe,"
Governance reforms, athlete welfare measures, and promotion of transparency in administration came up for deliberation as Sports Minister Manusukh Mandaviya chaired a consultation meeting with stakeholders on the Draft National Sports Governance Bill 2024 here on Thursday. Present in the meeting were Indian Olympic Association (IOA) President P T Usha, representatives from National Sports Federations (NSFs), and National Sports Promotion Organisations (NSPOs). "The Draft National Sports Governance Bill 2024 Bill is a milestone in our mission to build a robust and transparent sports governance structure in India that aligns with international standards, including the Olympic and Paralympic Charter. The active involvement of various stakeholders and public is crucial for shaping policies that reflect the aspirations of our sports community," Mandaviya said. "By empowering athlete-centric federations, introducing the Safe Sports Policy, and establishing an Appellate Sports Tribunal, we
Union Sports Minister Mansukh Mandaviya on Friday said, as part of the vision of a developed India by 2047, the country aims to be among the top five in the world in the sports arena. Addressing the inaugural ceremony of the International Youth Seminar on Rising with Kindness at Kanha Shanti Vanam here, he said India aims to host the 2036 Olympics. "For the vision of the next 25 years for the country's development, we have also made a vision for sports that India aims to host the 2036 Olympics," he said. And when India becomes a developed nation by 2047, the aim is to make the country among the top five in the world in the sports sector, he said. The union minister said they have put in place an ecosystem including Khelo India, built stadiums, brought out schemes like the Targeted Olympic Podium Scheme (TOPS) and projects like KIRTI (Khelo India Rising Talent Identification) wherein talented sportspersons are identified at school-level itself and trained and the Central government
Uttar Pradesh Chief Minister Yogi Adityanath said on Saturday he feels proud of every Hockey player no matter which state he is from, noting that every athlete is first an Indian and a representative of the whole country. According to an official statement, the chief minister interacted with the officials of Hockey India at his official residence at 5 Kalidas Marg on the eve of the 14th Hockey India Congress. Welcoming the officials of Hockey India, the chief minister said that it was very important for the 14th Hockey India Congress to be held in Uttar Pradesh. "We feel proud of every player, no matter which state he is from. The player is first of all an Indian and he represents the whole country," he said. He expected that the officials of Hockey India prepare the best hockey team for the country in accordance with global standards, according to the statement. "The best facilities should be provided to the players. We have to create a sense of belongingness in the minds of the