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Vedanta's Hindustan Zinc Limited Signs MoU with RCA to Set up Anil Agarwal International Cricket Stadium in Jaipur Friday 31 March 2023 09:12 AM UTC+00 Business Wire India
Vedanta's Hindustan Zinc Limited (HZL) signed a memorandum of understanding (MoU) with the Rajasthan Cricket Association (RCA) for the development of world's 3rd largest cricket stadium in the village Chonp in Jaipur. Vedanta's HZL will spend INR 300 crore on the stadium, one of the largest corporate investments in India's sports infrastructure. The stadium will be named "Anil Agarwal International Cricket Stadium, Jaipur". The MoU was signed by Shri. Bhawani Shankar Samota, Honorary Secretary, RCA and Mr. Arun Misra, CEO, HZL, in the presence of Dr. C.P. Joshi, Hon'ble Speaker, Rajasthan Vidhan Sabha and Chief Patron, RCA; Ms. Priya Agarwal Hebbar, Chairperson, HZL and Non-Executive Director, Vedanta Ltd. and Shri. Vaibhav Gehlot, President, RCA. The stadium facilities will be spread across 100 acres and have a seating capacity of more than 75,000. Only Ahmedabad's Narendra Modi Stadium and Melbourne Cricket Ground have larger seating capacity than this stadium. In terms of the size of playing field area, this stadium will be largest in the world. On this occasion, Dr. C.P. Joshi expressed happiness at the generous offer from HZL and signing of the MoU. He said that this would accomplish the long-felt dream of constructing a modern international cricket stadium at Jaipur. He thanked Sh. Anil Agarwal and Ms. Priya Agarwal Hebbar for their support for the first phase of the stadium. He hoped the second phase of the stadium would also be supported by Vedanta. He said the new stadium would help develop new cricketing talent. He also hoped that Vedanta would help young entrepreneurs to come up in Rajasthan. Shri Vaibhav Gehlot, President, Rajasthan Cricket Association highlighted the history and achievements of RCA. He warmly welcomed Ms. Priya Agarwal Hebbar for joining the important function. He profusely thanked Sh. Anil Agarwal, Chairman, Vedanta Group for extending support towards the construction of the stadium. He hoped that similar support would be forthcoming for the construction work of the second phase and also thanked the State Government for allotting 100 acres of land for the stadium at concessional rates. He expressed his gratitude to Dr. C.P. Joshi, Chief Patron, RCA for the continuous support extended by him in this journey. Sh. Kumar Sangakkara, Head Coach of Rajasthan Royals expressed happiness at the construction of the proposed stadium. He hoped that this venture would give encouragement to new talent. Vedanta Chairman, Shri Anil Agarwal, shared his vision for this contribution, "Sport gives us the best life lessons in leadership, teamwork, competition and hunger to succeed. If India's youth participate wholeheartedly with energy and passion – nurtured by world class infrastructure – they will become an unbeatable talent pool. Vedanta dedicates this stadium and its facilities to new India. Let's play." Speaking at the occasion, Ms. Priya Agarwal Hebbar, Chairperson, Hindustan Zinc Limited and Non-Executive Director, Vedanta Ltd. said, "Cricket is a national passion. We are proud and privileged to have the opportunity to set up this world-class facility which will benefit players and spectators. India has huge potential as a sporting nation. Vedanta and HZL are committed to creating a best-in-class enabling environment for the flourishing of our country's talent and interest in sports." The stadium will be completed in phases. A 40,000 capacity is set to be completed by October 2023. The overall project of first phase will cost Rs. 400 crores, out of which Rs. 300 crores will be borne by HZL and the remaining Rs. 100 crores will be taken care of by RCA. The stadium will have an indoor games facility, training centers for other sports, a clubhouse, and parking for 3,500 vehicles. The Anil Agarwal International Cricket Stadium will host national and international matches, including games of the Indian Premier League. The stadium and its facilities will help the development of Rajasthan as a major hub for cricket and other sports. Some highlights of the new stadium are:- Some highlights of the new stadium are:- A. WORLD CLASS INFRASTRUCTURE AS PER BCCI AND INTERNATIONAL STANDARDS
C. Five-star hotel and convention centre. D. Club house with indoor sports facilities and sports outlets. ![]() |
Speaking up: An Imperative for Gender Parity Friday 31 March 2023 11:29 AM UTC+00 Business Wire India On 29th March 2023, Mumbai witnessed an eclectic event that brought together leaders who are championing inclusion at the workplace. Jointly organized by the 1000 Women Initiative and questW and titled "Portraits in Inclusive Leadership", the conference emphasized the urgent need to accelerate the journey to achieve gender parity. "Look around and ask yourself how many women speak up?" - Apurva Purohit (Business leader, Entrepreneur, DEI Advocate). As the keynote speaker, Apurva enthralled the audience with inspiring and thought-provoking stories from her experiences. What stood out for us was the need for women to become vocal and visible, showcase confidence, silence their inner critic, navigate paternalistic biases and most importantly speak up. She spurred the audience comprising of Board members, CXOs and other leaders, to open up about their own experiences and challenges. The panel discussion, "Allies for Future: Identifying and nurturing leaders who foster diversity, inclusion and equity", had accomplished leaders from diverse backgrounds sharing insights and strategies for creating more inclusive workplaces and communities. Ravi Chhabria (MD India at NetApp), Swati Mohan (ex-CMO at Netflix), Martin Maier (Consul General of Switzerland in Mumbai) and Akanksha Bindal (GM International Business at Pernod Ricard), couldn't have been more distinct from each other in terms of their own journeys. But they were united in their belief that with the right intent and committed allyship can not only contribute to divergent thinking but also to business and social impact. With India set to become the world's largest workforce, it is imperative that one can unleash the full potential of women at work, starting with creating role models. One of the key takeaways from the event was the need for companies to prioritize diversity and inclusion as a core values, not just as a token initiative on a checklist. This requires leadership commitment and a deliberate effort to create a culture that embraces differences and celebrates the unique perspectives that come with them. ![]() |
Sodexo Announces the Launch of Its Mega Rewards and Discounts Extravaganza, Sodexo Summer Carnival Friday 31 March 2023 04:39 PM UTC+00 Business Wire India Sodexo, the leader in employee experience solutions, has announced the launch of 'Sodexo Summer Carnival', a mega rewards and discounts campaign. This limited-time promotion aims to provide additional exclusive benefits to Sodexo consumers. ![]() |
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