Tag Archive for league

GIC Re enters the league of top 10 Global Reinsurers

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By K Ashwin Mobile: 09920183006 Email:indianshowbusiness@gmail.com

GIC Re, a reinsurance company majority owned by Government of India secures 10th position amongst the top 40 global reinsures, as published by Standard & Poor’s. This is based on premium booked during Financial Year 2018.  The company registered a top line growth of 24.5% during FY 2018 recording premium of Rs 41,799 crore and surpassed two global reinsurers to achieve 10th position.

GIC Re recently announced its financial performance for Q1 FY 19 and is growing at a healthy rate given its domestic market dominance and forecasted strong GDP growth for Indian economy taken with growing insurance penetration. Its growth in Gross Premium Income was 9.3 % at a premium of ₹18,791.45 crore for the quarter ended 30.06.2018 as compared to ₹ 17,194.76 crore in the quarter ended 30.06.2017. The company showed  remarkable growth in Profit After Tax (PAT) for the quarter ended 30.06.2018 of INR ₹ 771.42 crore compared to ₹ 390.11 crore for the quarter ended 30.06.2017. Return on Equity (ROE)(unannualized), was 3.5% in the quarter ended 30.06.2018 compared to 2.1% in the quarter ended 30.06.2017. Net Worth of the company increased by 21.6% to ₹ 22,297.66 crore on 30.06.2018 from ₹ 18,336.91 crore on 30.06.2017.

Mrs Alice G. Vaidyan, Chairman-cum-Managing Director of GIC Re said “I assumed the position of CMD with clear goals before me of the Corporation entering the league of top 10 global reinsurers and simultaneously setting the corporation on the path of sustainable underwriting profitability.  This is of course apart from GIC Re setting up own syndicate in Lloyd’s of London.” Mrs Vaidyan further added:  “Metric of size alone cannot be a goal, any entity has to consistently and sustainably deliver enhanced value to all its stakeholders and we are firmly on the path of attaining our medium term goals.”

With government push towards improving insurance coverage and health scheme Aayushman Bharat on the anvil, GIC Re can be expected to benefit from emerging opportunities in health segment. GIC benchmarks its performance against the best-in-class global players. With the competitive advantage that it enjoys and with a domestic market growth momentum, on the strength of its balance sheet size and customer servicing, it can be expected to further strengthen its position globally.  Read more

Global MMA promoter Kumite 1 League launches in India

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By Vivek K. Mobile: 09920183006 Email:indianshowbusiness@gmail.com

Fight Night to be graced by legendary boxer Mike Tyson

India’s first global mixed martial arts promoter – Kumite 1 League (K1L) launched in Mumbai, today. Supported by the All India Mixed Martial Arts Federation (AIMMAF) and World Kickboxing Network (WKN), the league will bring together eight countries from around the world, a global-first in the MMA circuit. K1L is all set to showcase its first ever Fight Night on 29th September at the NSCI Dome in Worli, Mumbai. The event will be graced by none other than legendary heavyweight boxer, Mike Tyson, who will be in India for the very first time.

The inaugural season will see eight teams representing different countries fighting for the top spot. Each team will consist of nine fighters of which one will be women. The players will be selected through an auction process and will be hosted in India, Dubai, Las Vegas and London. Read more

World Kickboxing Network extends support to India’s Kumite 1 League

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By Vivek K. Mobile: 09920183006 Email:indianshowbusiness@gmail.com

World Kickboxing Network (WKN), one of the largest sports governing bodies in the world, has extended its firm support to the soon-to-be launched Kumite 1 League.

Stephane Cabrera, President, WKN said, “World Kickboxing Network in its last 25 years of existence has strived to promote and popularize all forms of kickboxing in the world. India is a key market for us and we are happy to partner with Kumite 1 League which is unique unto itself and a first for MMA in India. On behalf of the WKN, I wish the Kumite 1 League all the best and look forward to being present on what promises to be a one of a kind fight night.” Read more

Auction 2.0 – An Auction Night of India’s very first Semi-Professional football league

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By K Ashwin Mobile: 09920183006 Email:indianshowbusiness@gmail.com

Ranvijay Singha, Partner at Leap Pro Sports with Hemant Sharma, co-owner of adidas Creators Premier League

Delhi witnessed an exciting night filled with drama of existing league teams auction by adidas Creators Premier League.

adidas Creators Premier League 2.0 Auction Night held in the city at Anya Hotel, Gurugram. The event witnessed the presence of prominent TV star Rannvijay Singha, Hemant Sharma (Co-owner and Partner of adidas Creators Premier League), team owners & players Shivam Bhaskar (Delhi Panthers), Arpit Sharma (Titan Tribe FC), Yasser Siddiqui (Delhi Chargers), Samyuktha Hegde (Mountaineers FC) and many more. Read more

Key to getting into Ivy League Universities – ‘Start Early’

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By K Ashwin Mobile: 09920183006 Email:indianshowbusiness@gmail.com

Manya - The Princeton Review organized ‘The Global Admissions Connect with Admissionado’, a specially curated platform for students to reach their dream university abroad. The event witnessed participation from over 200 students from the leading schools in Delhi-NCR. The event saw sessions by eminent speakers like Mr. Colin Pfeiffer, Consultant, Admissionado & alumni of Princeton University & The University of Chicago Booth School of Business, along with Sarish Kasat, Director of Business Strategy and Development, Admissionado & alumni of Vanderbilt University. Having experience in mentoring students to lead them to their dream Ivy League Universities like Harvard University, Cornell University, University of Pennsylvania, Yale University, Columbia University, Dartmouth, Brown University, Princeton University, Colin & Sarish presented the ‘No nonsense guide to elite Undergrad & Grad admissions for Indian applicants’. The experts shared insights on the admission process, application elements and share the approach for building the application. Read more

Results of 9th Equestrian Premier League (June 2018)

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By K Ashwin Mobile: 09920183006 Email:indianshowbusiness@gmail.com

Jibran Khan astride Claudette - Winner of 120 CMS SJ

SATURDAY & SUNDAY,23rd & 24th JUNE 2018 FINAL RESULTS

CLASS SJ6         130CM  SHOW JUMPING   (OPEN)

PLACE

RIDER

HORSE

CLUB

1ST

Nittin Gupta

Caprice

URB

2ND

Yash Nensee

Zala

URB

 

 

 

 

 

CLASS SJ5           120 CM  SHOW JUMPING  (OPEN)

PLACE

RIDER

HORSE

CLUB

1ST

JIBRAN KHAN

CLAUDETTE

EIRS

JOINT 2ND

ROHIT MEHTA

EARLY

URB

PRANAY KHARE

DEMOCRATIC

URB

ANVAY SHAH

CONQUEST

URB

 

 

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Embassy International Riding School gears up for the 9th edition of Equestrian Premier League

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By K Ashwin Mobile: 09920183006 Email:indianshowbusiness@gmail.com

Mr. Navneet, Bangalore Horse Riding School; CRD Amit Maini, Flying Sea Stallion; Ms. Silva Storai, Director, Embassy International Riding School; Mr. Kishore Futnani, Chennai Equitation Center; Mr. Arun D’ Silva, Agram Riding and Polo Academy

Embassy International Riding School (EIRS) today announced the opening leg of the 9thedition of Equestrian Premier League (EPL) to be held on 23rd June 2018. EPL is EIRS’s Equestrian tournament, holding Dressage and Jumping competitions. EIRS has always been committed to creating a positive impact on the rising popularity of equestrian sport in India and has proved to be a great success, attracting a good number of participants, parading their skills. It is aimed to promote EPL as a platform for riders to encourage them to be internationally competitive in Equestrian Sports. Read more

3X3 Pro Basketball League announce its draft of players for the inaugural season

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By  Ashok Punatar Mobile: 09820746494 Email: ashokpunatar@gmail.com

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3X3 Pro Basketball League (3BL), India’s first ever FIBA recognised league today announced the drafts of the players for the inaugural season. The league announced the signing of over 15 additional standout Indian players for the season.

The first trials witnessed over 100 basketball players from across the nation to get a chance to turn their pro-basketball into reality. With the inaugural season of 3×3 Pro Basketball league, the league has taken a step forward to its commitment to the development of 3×3 basketball in India.

3X3 Pro Basketball League started 9th June to 23rd August 2018.

Below is the list of team and Players for the season:C:\Users\azikhan\Desktop\Picture1.png

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YKBK Enterprise brings the first ever FIBA 3×3 recognised Pro Basketball League to India, the 3BL – 3×3 Pro Basketball League

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By Ashok Punatar  Mobile: 09820746494  Email: ashokpunatar@gmail.com

Basketball sensations along with the management of 3x3 Pro Basketball League

Photos from the launch of the inaugural season of 3X3 Pro Basketball League. Present at the event were Indian basketball superstars Satnam Singh, Amjyot Singh and Palpreet Singh Brar. Read more

Chess met Poker when Viswanathan Anand unveiled the Grand Finale Trophy for Poker Sports League Season 2

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By K Ashwin Mobile: 09920183006 Email:indianshowbusiness@gmail.com

Finale Trophy unveiled at PSL Conference

Poker is a popular game played by millions of people around the world. Its universal appeal stems from the fact that it is easy to learn, extremely social, provides the opportunity for profit and takes a lifetime of commitment to master. Read more