Index Investing News
Friday, May 16, 2025
No Result
View All Result
  • Login
  • Home
  • World
  • Investing
  • Financial
  • Economy
  • Markets
  • Stocks
  • Crypto
  • Property
  • Sport
  • Entertainment
  • Opinion
  • Home
  • World
  • Investing
  • Financial
  • Economy
  • Markets
  • Stocks
  • Crypto
  • Property
  • Sport
  • Entertainment
  • Opinion
No Result
View All Result
Index Investing News
No Result
View All Result

Company biggies take part to elevate India’s fortunes in Paris Olympics

by Index Investing News
July 31, 2024
in Financial
Reading Time: 2 mins read
A A
0
Home Financial
Share on FacebookShare on Twitter


For a quick time, within the first week of the Paris Olympics 2024, three Asian international locations topped the medals chart. The highly effective island nation Japan pipped China to prime the chart, whereas the communist superpower stood second adopted by South Korea. 

Whereas Japan & China’s emergence on the prime appear apparent, given the 2 nation’s financial prowess and their respective investments into sports activities for many years, inspite of its comparatively small inhabitants – of about 5 crore folks – South Korea staying forward of the USA may shock many. As compared, India’s inhabitants is estimated to have surpassed China’s with its 140 billion-plus folks. However their medals’s tally tells a contrasting story. Whereas India bagged 7 medals (together with one gold) within the final version held in Tokyo in 2021, S. Korea was the third Asian nation, behind China & Japan, within the tally with its 20 medals (together with six golds).

Nevertheless, the numbers differ learning international locations like China – which was until Seventies was pretty low-income nation – and the likes of S. Korea – one factor turns into obvious. Constant investments in sports activities, backed by scientific strategies to establish and practice athletes pays off finally. Each of them, not solely got here up with methodical techniques devoted to sports activities analysis, but additionally poured in billions of {dollars} to arrange world class sports activities infrastructure. And, importantly, transformed sports activities right into a sustainable profession for athletes – an area the place corporates performed a key position.

After encouraging efficiency by the Indian consignment within the Tokyo Olympics, within the Commonwealth Video games 2010 (held in India) and Asian Video games 2023, is slowing driving the nation’s company group’s in direction of sports activities. From India’s prime enterprise teams like Tata and Reliance to JSW, the company world is coming forward to supply top-notch sports activities infrastructure, academies, expertise sorting and sponsorships – offering impetus to the sports activities and the athletes.

Take Reliance Basis, for example. Beginning in 2019 with an purpose to enhance the nation’s efficiency at Olympics and different prestigious worldwide occasions, Reliance Basis – billionaire Mukesh Ambani’s philanthropic enterprise, partnered with the Odisha Authorities for operation of a excessive efficiency centre for athletics in Bhubaneswar.  It presently helps near 250 athletes. Taking the initiatives in sports activities ahead, the inspiration is now aiming to carry the Olympics video games in India in 2036.

One other main conglomerate Adani Group, beginning 2016, has been backing athletes via its GarvHai initiative and is the Principal Sponsor for the continuing Paris Olympics. Sajjan Jindal’s JSW Group is spending Rs 300 crore for growth of sports activities. It has not solely spent Rs 150 crore and constructed huge sports activities infrastructure like Encourage Institute of Sports activities, however can be backing dozens of athletes for the Olympics 2024.



Source link

Tags: biggiescorporateFortunesIndiasJoinliftOlympicsParis
ShareTweetShareShare
Previous Post

third youngster dies in stabbing assault on U.Ok. dance class

Next Post

Development Micro Stops Deepfakes and AI-Based mostly Cyberattacks for Customers and Enterprises By Investing.com

Related Posts

Wall Avenue ends combined; Cisco rallies whereas UnitedHealth tumbles

Wall Avenue ends combined; Cisco rallies whereas UnitedHealth tumbles

by Index Investing News
May 16, 2025
0

Wall Avenue shares ended combined on Thursday, with features in Cisco Techniques following an upbeat forecast, whereas UnitedHealth tumbled after...

A brain-dead Georgia lady has been saved alive since February with a view to carry a fetus to beginning

A brain-dead Georgia lady has been saved alive since February with a view to carry a fetus to beginning

by Index Investing News
May 15, 2025
0

A pregnant lady in Georgia was declared brain-dead after a medical emergency and docs have saved her on life assist...

NextPlat Company (NXPL) Q1 2025 Earnings Name Transcript

NextPlat Company (NXPL) Q1 2025 Earnings Name Transcript

by Index Investing News
May 15, 2025
0

NextPlat Company (NASDAQ:NXPL) Q1 2025 Earnings Convention Name Might 15, 2025 8:30 AM ET Firm Contributors Charles Fernandez - CEO...

Actual Worth of Rs 500 SIP Funding: Your Rs 500 month-to-month SIP might provide you with Rs 49 lakh in 40 years, however what shall be its actual worth then?

Actual Worth of Rs 500 SIP Funding: Your Rs 500 month-to-month SIP might provide you with Rs 49 lakh in 40 years, however what shall be its actual worth then?

by Index Investing News
May 15, 2025
0

SIP Calculations: Once we calculate future funding return, we frequently get outcomes equivalent to a Rs 10,000 month-to-month SIP funding...

Azerbaijan sought Erdogan-Netanyahu summit in Baku

Azerbaijan sought Erdogan-Netanyahu summit in Baku

by Index Investing News
May 15, 2025
0

Azerbaijan has positioned itself in the course of the conflict as Israel's closest Muslim buddy and has shunned criticizing...

Next Post
Development Micro Stops Deepfakes and AI-Based mostly Cyberattacks for Customers and Enterprises By Investing.com

Development Micro Stops Deepfakes and AI-Based mostly Cyberattacks for Customers and Enterprises By Investing.com

A logistics impetus for jobs, led by e-commerce

A logistics impetus for jobs, led by e-commerce

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

RECOMMENDED

Vanuatu Parliament Passes Crypto Laws

Vanuatu Parliament Passes Crypto Laws

March 31, 2025
Investigations Into 6 Killings Look to a Fringe Group Generally known as the Zizians

Investigations Into 6 Killings Look to a Fringe Group Generally known as the Zizians

February 22, 2025
What does Park Chan-wook suppose are probably the most overrated movies?

What does Park Chan-wook suppose are probably the most overrated movies?

August 19, 2024
4 Outrageously Close-To-The-Mountain Colorado Homes Offering Perfect Winter Escapes

4 Outrageously Close-To-The-Mountain Colorado Homes Offering Perfect Winter Escapes

October 29, 2022
Barcelona v Wolfsburg: Ladies’s Champions League semi-final, first leg – dwell! | Ladies’s Champions League

Barcelona v Wolfsburg: Ladies’s Champions League semi-final, first leg – dwell! | Ladies’s Champions League

April 22, 2022
Dwyane Wade’s Ex-Wife Accusing Him Of Coercing Their Daughter To Be Trans For ‘Financial Opportunities’

Dwyane Wade’s Ex-Wife Accusing Him Of Coercing Their Daughter To Be Trans For ‘Financial Opportunities’

November 2, 2022
Montenegro gunman kills 11 on the road; police kill him

Montenegro gunman kills 11 on the road; police kill him

August 12, 2022
Why is Litecoin price up today?

Why is Litecoin price up today?

July 2, 2023
Index Investing News

Get the latest news and follow the coverage of Investing, World News, Stocks, Market Analysis, Business & Financial News, and more from the top trusted sources.

  • 1717575246.7
  • Browse the latest news about investing and more
  • Contact us
  • Cookie Privacy Policy
  • Disclaimer
  • DMCA
  • Privacy Policy
  • Terms and Conditions
  • xtw18387b488

Copyright © 2022 - Index Investing News.
Index Investing News is not responsible for the content of external sites.

No Result
View All Result
  • Home
  • World
  • Investing
  • Financial
  • Economy
  • Markets
  • Stocks
  • Crypto
  • Property
  • Sport
  • Entertainment
  • Opinion

Copyright © 2022 - Index Investing News.
Index Investing News is not responsible for the content of external sites.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In