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The crisis-riden CWG has received a further jolt with two power PSUs, NTPC and PowerGrid, deciding to hold back their Rs 40 crore sponsorship money out of a combined committed sum of Rs 60 crore for the event. 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Two state-run firms have withdrawn their sponsorship of the Delhi Commonwealth Games due to "negative publicity" of the event stemming from allegations of graft and mismanagement.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...
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...