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Persons: Taylor, McGregor, Chandler, —, we've Organizations: Business, Indian, cricket team's, Las, UFC Locations: Las Vegas

Disney+ Hotstar logo is seen in this illustration taken August 22, 2023. REUTERS/Dado Ruvic/Illustration/File Photo Acquire Licensing RightsMUMBAI, Oct 11 (Reuters) - Private equity firm Blackstone (BX.N) has held preliminary discussions with Walt Disney (DIS.N) to acquire a stake in the Indian arm of the entertainment firm, two sources familiar with the matter told Reuters on Wednesday. Blackstone-backed U.S. media firm Candle Media, founded by former Disney executives, led conversations between the two parties last week, one of the sources said. Indian newspaper The Economic Times first reported the talks earlier on Wednesday. Disney has also held talks with Indian billionaires Gautam Adani and Sun TV Network (SUTV.NS) owner Kalanithi Maran, Bloomberg News reported last week.

Persons: Dado Ruvic, Walt Disney, Blackstone, Gautam Adani, Kalanithi Maran, Mukesh Ambani's, M Sriram, Aditya Kalra, Christian Schmollinger, Stephen Coates Organizations: Disney, REUTERS, Rights, Blackstone, Reuters, Candle Media, Economic Times, Sun TV Network, Bloomberg News, Indian Premier League, Thomson Locations: Rights MUMBAI, India, Mumbai, New Delhi

The company already owns digital streaming rights to the popular Indian Premier League Twenty-20 (IPL T20) tournament. Ambani snatched away the rights from the Disney Plus Hotstar streaming service in a $2.9 billion bid last year, and then streamed games for free. This prompted Disney subscribers to flee - out of 61 million users in October 2022, about 21 million had left by July this year. Last year, Disney renewed its media rights to show International Cricket Council's tournaments in India from 2024 to 2027 after winning a bid for $3 billion. It later licensed the TV broadcast rights to India's Zee Entertainment (ZEE.NS) and only regained the digital streaming rights, a source told Reuters.

Persons: Mukesh Ambani, Francis Mascarenhas, Mukesh Ambani's, Walt Disney, Viacom18, Ambani, Karan Taurani, Aditya Kalra, Nandan Mandayam, Biplob Kumar Das, Sonia Cheema Organizations: Reliance Industries, REUTERS, Walt, Control, Cricket, BCCI, Indian Premier League, Disney, Elara, Reuters, Asia Cup, ICC Cricket, India's Zee Entertainment, Thomson Locations: Mumbai, India, India's

☆ Pakistan to send its cricket team to participate in World Cup in India
▼ + stars: | 2023-08-06 | by ( Charlotte Greenfield | ) www.reuters.com time to read: +2 min

Cricket - Asia Cup - Final - Pakistan v Sri Lanka - Dubai International Stadium, Dubai, United Arab Emirates - September 11, 2022 Pakistan players stand during the national anthems as the Asia Cup trophy is displayed before the match REUTERS/Christopher Pike/File PhotoISLAMABAD, Aug 6 (Reuters) - Pakistan has decided to send its cricket team to India to participate in this year's 50-over World Cup, the foreign office said on Sunday. The neighbouring countries, who share fraught relations, have played each other only in multi-team events at neutral venues over the last decade. India has ruled out travelling to Pakistan for the Asia Cup, which is scheduled to begin on Aug. 31. Pakistan's foreign office said it had concerns about its cricket team's security during the tournament and would convey them to the International Cricket Council and Indian government. Reporting by Charlotte Greenfield; Editing by Alex Richardson and Ed OsmondOur Standards: The Thomson Reuters Trust Principles.

Persons: Christopher Pike, Pakistan's Bilawal Bhutto, Zardari, Charlotte Greenfield, Alex Richardson, Ed Osmond Organizations: Asia, United Arab Emirates, REUTERS, Shanghai Cooperation Organisation, International Cricket Council, Thomson Locations: Pakistan, Sri Lanka, Dubai, United Arab, ISLAMABAD, India, ., Goa, Kashmir

☆ Byju's plans to end sponsorship of Indian cricket team jersey, as it puts profitability on cards for 2024
▼ + stars: | 2023-01-20 | by ( Arjun Kharpal | ) www.cnbc.com time to read: +1 min

The Bangalore-based Byju's delivers online classes to students in various subjects. The co-founder added that the company will "hopefully" become profitable by the end of its financial year, which concludes in March 2024. Cricket is the biggest sport in India, a country with a population of more than 1.4 billion people. Byju's logo currently appears on the Indian cricket team's jersey. But Gokulnath told CNBC Byju's will not renew the deal after its March expiry.

☆ Indians pinning their hopes on Rishi Sunak on Diwali
▼ + stars: | 2022-10-24 | by ( Krishna N. Das | ) www.reuters.com time to read: +3 min

NEW DELHI, Oct 24 (Reuters) - Many Indians are delighted at the prospect of Rishi Sunak becoming the first person of Indian origin to become British prime minister on Monday, just as Hindus across the world celebrate Diwali. "Rishi Sunak took oath as an MP on (Hindu holy book) Bhagavad Gita. Former British finance minister Sunak, 42, is a practising Hindu and is known to celebrate the festival of lights. Some Indians are hoping for closer British-Indian ties if Sunak does become prime minister. "@RishiSunak becoming the British PM will be a great Diwali gift for UK, & a reason for celebration in India," former Indian diplomat Rajiv Dogra wrote on Twitter.

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