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The Commonwealth Games, the biggest sporting event India hosted in almost three decades, raised less than half the sponsorship money targeted, Suresh Kalmadi, chairman of the Organising Committee, […] more...
Delhi will not face any power cuts during the mega event Commonwealth Games 2010, as measures have been taken to provide continuous power supply, said Delhi Chief Minister, Sheila Dikshit. more...
Amid negative publicity for the Commonwealth Games, the Organising Committee is facing a massive shortfall in meeting its revenue target. Till date, only Rs 335 crore has come to the OC's kitty against the target of Rs 1,620 crore from various sources, including sponsorship, ticket sale, merchandise and broadcast rights. While the OC has received Rs 137 crore as sponsorship money, it has got Rs 185 crore for TV rights so far. more...
New Delhi, Sep 24 (PTI) With advertisers hard to come by,oil PSUs have been roped in to bailout public broadcasterDoordarshan - the official telecaster of the 12-dayCommonwealth Games. more...
so , the great idiotic commonwealth games .....why does every idiot keeps on telling me how prestigious these games are, a total mismanagement of resources and capital. […] more...
A day after asking PSUs to hold back the sponsorship money for Commonwealth Games, Union Minister Vilasrao Deshmukh on Friday said spending money for the sporting event was not compulsory for the public sector units. "Sponsorship was not compulsory, it was voluntary. It was left to the PSUs and more...
The Heavy Industriesand Public Enterprises Minister Vilasrao Deshmukh on Thursday saidhis ministry has asked PSUs to hold back sponsorship moneytotalling up to Rs 260 crore for the event. more...
The central public sector enterprises have been told to verify how their money would be utilised, and that it is not mandatory for them to sponsor the Games. more...
Two state-run firms have withdrawn their sponsorship of the Delhi Commonwealth Games due to "negative publicity" of the event stemming from allegations of graft and mismanagement. more...
New Delhi, Aug 19 (PTI) In what could be a severe joltto the crisis-ridden Commonwealth Games, the Heavy Industriesand Public Enterprises Minister Vilasrao Deshmukh today saidhis ministry has asked PSUs to hold back sponsorship moneytotalling up to Rs 260 crore for the event. more...
The CWG organizing committee has submitted a “written commitment” stating that NTPC’s sponsorship amount will be utilized for the realization of the bona fide objectives of the committee more...
Sponsorship deals for the Delhi Commonwealth Games will now be marketed by the organising committee, a senior official said, even as Australian firm Sports Marketing and Management (SMAM) accused the committee of wrongfully terminating its services. more...
Country’s largest power producer NTPC is likely to restrict its sponsorship deal for Commonwealth Games to Rs 20 crore, dealing yet another blow to the tainted Games. The organising committee of Commonwealth Games is struggling to tide over the huge funds crunch. more...
New Delhi, Aug 11 (PTI) Amid raging controversy overthe allegations of corruption in the Commonwealth Games, theCentral Public Sector Units may not release more funds for themega sporting event till a clearer picture emerges on thevarious issues that have been raised so far. more...
Following threats by the state-owned sponsors to withhold further disbursal of funds towards the sponsorship of the Commonwealth Games 2010, the Games organizing committee (OC) is making all out efforts to woo the existing sponsors besides seeking the government's help to get new ones for this mega more...
The good news is that there will be no significant power shortfall during the Commonwealth Games 2010. But the bad news is, the government will still fall short of its power target for the October event. Only about 2,500 mw or one-third of the intended power capacity addition target of 7,100 mwenvisaged for this mega event is likely to be met. more...
Clouds of corruption grew darker over upcoming Delhi Games as the ED stepped-up investigations on money paid by CWG organisers to Australian company, Sports Marketing and Management, and Switzerland-based Event Knowledge Services. more...
The Enforcement Directorate (ED) is investigating money paid by Commonwealth Games 2010 organisers to Switzerland-based Event Knowledge Services (EKS) and an Australian company, Sports Marketing And Management (SMAM), as it’s suspecting money laundering. more...