India is yet to understand the business significance of sport

It isn’t a happy time for sports fans in India. On the heels of its departure from the Formula 1 circuit next year comes news that the planned Indian Premier League-styled Indian Football League has been stymied even before it could start. The ambitiously planned event, which promised to bring names like Thierry Henry, Fredrik Ljungberg, Robert Pires, Louis Saha and Hernan Crespo to Indian soccer audiences, has now been postponed by six months since a place couldn’t be found for it in the sport’s calendar.

Read Full Story>>