Try GOLD - Free
JioStar still in field but wants lower run rate
Financial Express Mumbai
|December 09, 2025
Platform open to renegotiating ICC rights at a huge mark-down
RELIANCE-LED JIOSTAR MAY be open to renegotiating the $3-billion TV and digital media rights deal with the International Cricket Council (ICC) but will pitch for a lower transaction value, sources have told FE.
Having doubled its provision for losses in FY25 to ₹25,760 crore on the cricket deal versus the previous year, the country's largest media company has told the ICC that it may be unable to service the four-year contract (which began in 2024) for the remaining two years. The matter has assumed urgency ahead of the ICC Men's T20 World Cup 2026 to be co-hosted by India and Sri Lanka in February.
JioStar declined to comment when contacted. ICC executives were not immediately available for comment.
This story is from the December 09, 2025 edition of Financial Express Mumbai.
Subscribe to Magzter GOLD to access thousands of curated premium stories, and 10,000+ magazines and newspapers.
Already a subscriber? Sign In
MORE STORIES FROM Financial Express Mumbai
Financial Express Mumbai
US-tariff hit Tiruppur faces credit squeeze
BANKS AND NBFCS have begun to tighten credit filters by reassessing salaried incomes and halting disbursements to migrant workers in Tiruppur, Tamil Nadu's thirdlargest credit market with ₹67,900 crore in outstanding bank credit.
2 mins
December 11, 2025
Financial Express Mumbai
Nano fertiliser adoption stays far below target
FFCO set to launch nano NPK in granular form in a year
1 mins
December 11, 2025
Financial Express Mumbai
1% of Indians hold 40% of wealth
JUST 1% OF Indians hold about 40% of total wealth in the country, making income inequality in India among the highest in the world and \"showing little improvement\",according to the World Inequality Report 2026, released on Wednesday.
2 mins
December 11, 2025
Financial Express Mumbai
AI copyright blueprint: pragmatism over rigidity
THE DEPARTMENT FOR Promotion of Industry and Internal Trade's (DPIIT)working paper on regulating use of copyrighted works in AI training comes at a time when the issue can no longer be deferred.
3 mins
December 11, 2025
Financial Express Mumbai
IndiGo looks to hire 50 expat pilots to meet FDTL deadline
BELEAGUERED INDIGO IS preparing to tap pilot pools in South Africa, Indonesia and the Philippines as it races to meet the February 10 deadline to comply with the Directorate General of Civil Aviation's revised flight duty time limitations (FDTL) rules, multiple people familiar with the airline's planning told FE.
2 mins
December 11, 2025
Financial Express Mumbai
Only a few swallows...
The flurry of tech FDIS offers timely reassurance, but much more is needed to attract foreign capital
2 mins
December 11, 2025
Financial Express Mumbai
Amazon adds $35 bn to India cart
INVESTMENT TO ADVANCE AI-LED DIGITISATION, EXPORT GROWTH, JOB CREATION
2 mins
December 11, 2025
Financial Express Mumbai
Booster dose for spatial tech
THE INDIA GEOSPATIAL analytics market is expected to reach ₹28,200 crore by 2030 from ₹14,100 crore in 2025, with a 14.87% CAGR over the period. This exponential trajectory highlights the increasing adoption of spatial technologies across sectors, driven by conducive policies and domestic innovations.As a core geospatial technology, the geographic information system (GIS) is at the forefront of this impact story. With its unique ability to integrate with emerging technologies such as AI, machine learning, IoT, and big data analytics, GIS is transforming how India governs, plans,and manages its resources, paving the way for a more sustainable and future-ready nation.
1 mins
December 11, 2025
Financial Express Mumbai
'Growth must come from deeper penetration, not pricing'
MANISH TIWARY, CMD, NESTLE INDIA
4 mins
December 11, 2025
Financial Express Mumbai
India's offer is the best we've ever got: USTR
US team in Delhi for trade deal talks
2 mins
December 11, 2025
Listen
Translate
Change font size