Prøve GULL - Gratis

Game of fortunes: Chasing sporting glory

Mint New Delhi

|

March 11, 2025

Former Olympian and Indian badminton national coach Pullela Gopichand has stirred up a hornet's nest by advising people against putting their children up to a career in sports unless they are rich.

- Shipra Singh

Former Olympian and Indian badminton national coach Pullela Gopichand has stirred up a hornet's nest by advising people against putting their children up to a career in sports unless they are rich. Gopichand rued the lack of long-term work opportunities for players who do not make it to the elite club, making it difficult to earn a livelihood after retiring.

Coaches for other professional sports share Gopichand's concerns. Dronacharya awardee Sandeep Gupta, the head coach at Stag Table Tennis Academy, said training itself is expensive—one table tennis bat rubber costs ₹15,000 and needs to be replaced every month, alongside coaching and travel costs. Gupta has trained Olympians like Manika Batra and Neha Aggarwal.

Hyderabad's Meera Khandelwal, training her daughter Tishya for a pro tennis career knows it too well. She expects her annual spend to be ₹45 lakh on training from next year in Australia. Tishya, a BITS Pilani student, joined professional training at 10 and won many junior-level national and international titles. In 2019, Meera spent about €6,900 (₹6.51 lakh today) for two months at Justine Henin Academy. In 7 years, she spent around ₹20 lakh annually on training, travel, equipment and physiotherapy. Here, Mint explores the cost of training champions and how rewarding a sports career is.

The cost For most sports, costs rise at 12-13 when pro training begins. In Noida, Arpit Jain spends ₹10,000 per quarter on academy fees and ₹6,000 monthly on a coach for his 11-year-old son Nakul. He expects costs to hit ₹1 lakh per month with advanced training.

"I will send him to Irfan Pathan's academy or train him under a coach with international exposure. It will cost much more, but it's important for Nakul to improve his game."

FLERE HISTORIER FRA Mint New Delhi

Mint New Delhi

Mint New Delhi

In India's car labs, Chinese models new benchmark

Walk into the vehicle development centre of any major Indian carmaker and you'll find dozens of rival cars stripped to their bones, engineers poring over every exposed circuit, nut and wire. Such 'benchmark-ing' helps companies understand why some models work while others don't, track technology trends, and plan their own vehicle roadmaps.

time to read

2 mins

November 17, 2025

Mint New Delhi

Mint New Delhi

Insurance merger plan gets new life

Centre weighs consolidating National, Oriental, United

time to read

3 mins

November 17, 2025

Mint New Delhi

Mint New Delhi

IFC, two others may pick 49% in green H₂ maker Hygenco

The World Bank's International Finance Corp. (IFC), Munich-headquartered Siemens AG, and Singapore's Fullerton Fund Management may acquire at least 49% in Gurugram-based green hydrogen manufacturer Hygenco Green Energies Pvt. Ltd, two people aware of the development said.

time to read

4 mins

November 17, 2025

Mint New Delhi

Mint New Delhi

India's telecom spectrum: Who actually owns it?

On 13 November, the Supreme Court reserved its order on how spectrum held by Aircel and Reliance Communications (RCom) will be treated under their insolvency proceedings. The decision will bring clarity on whether spectrum can be sold to recover dues. Mint. explores.

time to read

2 mins

November 17, 2025

Mint New Delhi

Mint New Delhi

‘Rise in earnings can bring FIIs back, elevate India’s global standing’

It’s still early, but if earnings turn around, much of the global underperformance over the past year could well be reversed, believes Trideep Bhattacharya, president and C1O-Equities, Edelweiss MF.

time to read

4 mins

November 17, 2025

Mint New Delhi

Mint New Delhi

The ultrarich are spending a fortune to live in extreme privacy

When developers Masoud and Stephanie Shojaee dined out recently, they headed to the members-only section of MILA restaurant in Miami Beach, Fla., where they were whisked to a table already bearing their favorite cocktails and chopsticks engraved with their names.

time to read

5 mins

November 17, 2025

Mint New Delhi

Mint New Delhi

Satellite internet firms may see fee cut for remote areas

Discount would apply to 5% annual spectrum charge that DoT plans to levy on the firms

time to read

2 mins

November 17, 2025

Mint New Delhi

Ravindran moves NCLT on TLPL deal

Riju Ravindran has moved the National Company Law Tribunal (NCLT) against the compulsory convertible debenture agreement between Think & Learn Pvt. Ltd (TLPL) anda wholly owned subsidiary of Glas Trust Co., edtech firm Byju’s US-based financial creditor, alleging it to be violative of foreign direct investment (FDI) and Foreign Exchange Management Act (Fema) regulations.

time to read

1 min

November 17, 2025

Mint New Delhi

Resilience spells hope as uncertainty reigns high

As trade-policy turmoil prolongs global uncertainty on an IMF index, we have some bright spots too. India should consider shifting focus from supply-side policies to demand stirrers

time to read

2 mins

November 17, 2025

Mint New Delhi

Urban co-op lenders eye online banking

The National Urban Cooperative Financial and Development Corp. Ltd (NUCFDC)—the umbrella body for India’s urban cooperative banks (UCBs)—plans to request the banking regulator to allow smaller UCBs with net worth below ₹50 crore to offer digital services, including internet banking.

time to read

1 min

November 17, 2025

Listen

Translate

Share

-
+

Change font size