India: Reliance Industries appoints Sundar Raman as CEO of sports portfolio

Visuals taken from Wikimedia Commons

Reliance Industries Ltd has appointed Sundar Raman as chief executive officer (CEO) for its sports portfolio, according to a press release. The company did not disclose his joining date.

In his role as CEO, Raman, former IPL chief operating officer (COO), will be responsible for consolidation and integration of RIL’s sports portfolio including its foundation activities in sports. He will also be driving newer avenues of growth in this area.

Raman has over a couple of decades of experience in consumer space.

“Reliance existing sports properties coupled with its Jio digital services provides newer areas of growth. RIL has a huge aspiration in the sports area. The opportunity to be engaged in integrating the entire sports portfolio and make Sports also an integral and important element in RIL’s growth will be an exciting journey,” said Raman on his appointment.

Reliance Industries and IMG Worldwide formed a joint venture IMG-Reliance Pvt Ltd to provide infrastructure and coaching facilities in the country. Over the years, Reliance Industries has invested in a variety of sports properties and is involved in multiple sports including cricket, football, basketball, tennis, golf either on its own or through its joint ventures.

Reliance Industries, a $62.2 billion company, through its wholly-owned subsidiary IndiaWin Sports Pvt Ltd, owns Mumbai-based IPL franchise Mumbai Indians.

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Singapore Reporter/s

In Singapore, we are looking to double our reporting team by this year-end to comprehensively cover the fast-moving world of funded startups and VC, PE & M&A deals. We want reporters who can tell our readers what is really happening in these sectors and why it matters to markets, companies and consumers. The ability to write precisely and urgently is crucial for these roles. Ideal candidates must have to ability to work in a collaborative, dynamic, and fast-changing environment. We want our new hires to be digitally savvy and ready to experiment with new forms of storytelling. Most importantly, we are looking for hard-hitting reporters who work well in a team. Collaboration and collegiality are a must.

Following vacancies can be applied for (only in Singapore).

Following vacancies can be applied for (only in Singapore).   

  • A reporter to track companies/startups that have raised private capital, and have the potential to become unicorns. SEA currently has over 40 companies with a valuation of over $100 million and under $1 billion.
  • A reporter who can get behind the scenes and reveal how funding rounds are put together, or why they’ve failed to materialise. She/he in this role will largely focus on long-format stories. 
  • A journalist to track special situations funds, distressed debt and private credit (from the PE angle) across Asia.