FINANCIAL RESULTS FOR THE QUARTER/YEAR ENDED March 31,2016

The Board of Directors of Union Bank of India today approved the accounts of the Bank for the quarter and the financial year ended March 31, 2016.

Highlights

^FGlobal Business up 7.0% (y-o-y) to Rs. 620445 crore as on March 31, 2016.

^F  Share of CASA deposits improved by 310 bps to 32.3% from 29.2% in March 31, 2015.

^F Savings deposit grew at 13.4%, while share of high cost deposits declined to 2.1% (Mar 2016) from 3.0% (Mar 2015). In advances, RAM sectors grew at 11.7% (y-o-y), now

contributing more than 52% of domestic loan book.

^F The focus on CASA facilitated in sequential improvement in NIM by 10 bps to 2.32%.

^F  Non-interest Income for FY 2015-16 up 3.1% compared to a year ago.

^F  Increase in Operating expenses during FY 2015-16 contained at 1.30%.

^F Net Profit for FY 2015-16 stood at Rs. 1352 crore. Net Profit for January-March 2016 stood at Rs. 97 crore compared to Rs. 78 crore for October – December 2015.

^F Gross NPAs as percent to gross advances stood at 8.70%. Recovery and upgradation significantly improved to Rs. 395 crore in January-March 2016 from Rs.196 crore in

October – December 2015.

^F Return on average assets for FY 2015-16 stood at 0.35%. Return on average assets (annualised) sequentially improved to 0.10% for January-March 2016 from 0.08% for

October-December 2015.

^F Return on equity stood at 6.84% for FY 2015-16. Return on equity (annualised) too sequentially improved to 1.95% in January-March 2016 from 1.53% in October-December

2015

^F Capital Adequacy Ratio (Basel III) improved both sequentially and on annual basis to 10.56%. Tier I CRAR is 8.14%, within which CET1 is 7.95%.

^F Union Bank of India won all the Six Banking Technology Awards from IBA (Indian Bank’s

Association) in Best Technology Bank of year, Best use of Digital & Channels Technologies, Best use of Technology to enhance Customer Experience, Best Risk Management, Fraud, Cyber Security, Best Financial Inclusion Technology Initiatives and Best Payment Initiatives.

Business

Global Business grew by 7.0% from Rs. 579627 crore as on March 31, 2015 to Rs. 620445 crore as on March 31, 2016.

Global Deposits increased from Rs. 316870 crore as on March 31, 2015 to Rs. 342720 crore as on March 31, 2016, registering a growth of 8.2%. Domestic Deposits increased by 7.6% from Rs. 312230 crore as on March 31, 2015 to Rs. 336086 crore as on March 31, 2016.

CASA deposits grew by 19.7% to Rs. 110869 crore as on March 31, 2016 from Rs. 92650 crore in the previous year. CASA share in total deposits improved to 32.3% as on March 31, 2016 from 29.2% noted in previous year. Domestic CASA ratio stood at 32.9%. Savings bank deposits increased by 13.4% over a year ago and by 8.1% over December 2015. A total of 45 lakh CASA accounts were opened during the year.

Share of high cost deposits in total deposits declined from 3.0% in March 2015 to 2.1% in March 2016.

Global Advances increased from Rs. 252757 crore as on March 31, 2015 to Rs. 277725 crore as on March 31, 2016 recording a growth rate of 5.7%. Domestic Advances increased by 4.3% from Rs. 241323 crore as on March 31, 2015 to Rs. 251653 crore as on March 31, 2016.

Advances to productive sectors of economy, i.e. retail, agriculture, and MSMEs, which we together call as ‘RAM’ sectors, grew by 11.7%, from Rs. 117987 crore as on March 31, 2015 to Rs. 131800 crore as on March 31, 2016.

Overseas Business grew by 25.4% from Rs. 26074 crore as on March 31, 2015 to Rs. 32706 crore as on March 31, 2016. The Bank opened its 4^th overseas branch in Sydney, Australia.

Financial Performance for FY 2015-16

Domestic Net Interest Margin (NIM) stood at 2.39% in FY 2015-16 compared to 2.58% in FY 2014-15. Global NIM for FY 2015-16 was 2.32% as against 2.48% for FY 2014-15.

Net Interest Income for FY 2015-16 stood at Rs. 8314 crore compared to Rs. 8444 crore in FY 2014-15.

Non Interest Income for FY 2015-16 stood at Rs. 3632 crore, up by 3.1%. Increase in Operating expenses during FY 2015-16 contained at 1.30%. Operating profit for FY 2015-16 stood at Rs. 5722 crore compared to Rs. 5823 crore for FY 2014-15. Provisions for the year stood at Rs. 4291 crore, showing a growth of 6.2%.

Net Profit for FY 2015-16 stood at Rs. 1352 crore compared to Rs. 1782 crore in FY 2014-15.

Return on average assets stood at 0.35% for FY 2015-16 as against 0.49% for FY 2014-15.

Cost of funds declined to 6.2% for FY 2015-16 as against 6.5% for FY 2014-15. Yield on funds declined to 8.4% for FY 2015-16 from 8.9% for FY 2014-15. Return on equity stood at 6.84% in FY 2015-16 as against 9.73% FY 2014-15. Earnings per share (annualised) stood at Rs. 20.42 in FY 2015-16 as against Rs. 28.05 in FY 2014-15.

Financial Performance for the quarter ended March 2016

Domestic Net Interest Margin (NIM) stood at 2.46% for January-March 2016 as against 2.31% for October-December 2015. It was 2.43% a year ago. Global NIM for January-March 2016 was 2.32% as against 2.22% for October-December 2015 quarter. It was 2.37% a year ago.

Net Interest Income for January-March 2016 stood at Rs. 2085 crore compared to Rs. 2122 crore in January-March 2015.

Non Interest Income for January-March 2016 stood at Rs. 997 crore compared to Rs. 892 crore for October-December 2015 and Rs. 1143 crore for January-March 2015.

Increase in Operating expenses during FY 2015-16 contained at 3.7%.

Net Profit for January-March 2016 stood at Rs. 97 crore, which is 24.4% higher over October-December 2015.

Return on average assets (annualised) stood at 0.10% for January-March 2016 as against 0.08% for October-December 2015 and 0.47% for January-March 2015.

Yield on funds stood at 8.13% for January-March 2016 as against 8.21% for October-December 2015 and 8.68% for January-March 2015.

Cost of Funds stood at 5.98% for January-March 2016 as against 6.14% for October-December 2015 and 6.44% for January-March 2015.

Return on equity (annualised) stood at 1.95% in January-March 2016 as against 1.53% in October-December 2015 and 9.70% in January-March 2015.

Earnings per share (annualised) stood at Rs. 5.62 in January-March 2016 as against Rs. 4.57 in October-December 2015 and Rs. 27.92 in January-March 2015.

Asset Quality

Gross NPAs stood at 8.70% as on March 31, 2016 as against 7.05% as on December 31, 2015 and 4.96% as on March 31, 2015.

Recovery and upgradation significantly improved to Rs. 395 crore in January-March 2016 from Rs. 196 crore in October – December 2015.

Net NPA ratio is at 5.25% as on March 31, 2016 as against 4.07% as on December 31, 2015 and 2.71% as on March 31, 2015.

Provision Coverage stood at 50.98% as on March 31, 2016 compared to 55.00% as on December 31, 2015. It was 59.23% as on March 31, 2015.

Capital Adequacy

Capital Adequacy ratio of the Bank under Basel III improved to 10.56% as on March 31, 2016 compared to 10.30% as on December 31, 2015 and 10.22% as on March 31, 2015.

The Tier I CRAR is 8.14%, within which Common Equity Tier 1 is 7.95%.

During the year, the Bank has allotted, on preferential basis, 5,56,62,281 equity shares to the Government of India at an issue price of Rs 209.05 per share. On account of this preferential issue to the Government of India, the

Bank’s equity capital increased by Rs 1080 crore. Consequently, the Government’s shareholding in the Bank increased from 60.47% to 63.44%.

The Bank has raised Rs. 1000 crore of Tier 2 capital by way of issuing of 10,000 Basel III compliant Tier 2 bonds of face value of Rs. 10,00,000/- each at par, with 10 year tenure, bearing 8.61% p.a. coupon payable annually and with call option after 5 years on private placement basis on March 29, 2016.

Dividend

The Board of Directors recommended a dividend of 19.5% i.e. Rs 1.95 per equity share for the year ended March 31, 2016. This would be subject to approval by the shareholders.

Financial Inclusion

Under the Pradhan Manrti Jan Dhan Yojana (PMJDY), the Bank has opened more than 58 lakh accounts having a balance of Rs. 858 crore upto March 31, 2016.

55.3 lakh Rupay Card has been issued under PMJDY as at March 31, 2016. Under the DBTL scheme, over 60.30 lakh transactions with benefit amounting to Rs. 151.2 crore has been credited to beneficiaries’ accounts during

Q4/FY16.

Total enrolment under Pradhan Mantri Suraksha Bima Yojana (PMSBY), Pradhan Mantri Jeevan Jyoti Bima Yojana (PMJJBY) and Atal Pension Yojana (APJ) increased to 29.0 lakh, 11.7 lakh and 0.46 lakh respectively.

Digital Initiatives during the Year

The Bank has been pioneer in taking various digital initiatives which are recognized by banking industry. The Bank launched various digital products for enhancing the customer services. Following are some of key initiatives during the year:

IMPS through branches for Retail and Corporate customers

Mobile Passbook (M Passbook)

Missed call facility for Mobile Banking & Account balance SMS based value added services

“UNION 24x7 COMFORT Lobby”.

DigiPurse Union Selfie

Online Account Opening

Digital channels presently account for 67% of overall transactions, which is one of the best among Public Sector Banks. The Bank has a strong digital proposition with about 6900 ATMs, Call Centre working in 9 languages 24x7, Internet Banking, Mobile Banking, POS Terminals, Debit, Credit Cards and also Tabulous banking facility.

Awards/Accolades during the Year

Union Bank of India won all the Six Banking Technology Awards from IBA (Indian Bank’s Association) in Best Technology Bank of year, Best use of Digital & Channels Technologies, Best use of Technology to enhance Customer Experience, Best Risk Management, Fraud, Cyber Security, Best Financial Inclusion Technology Initiatives and Best Payment Initiatives.

Golden Peacock Award for excellence in HR practice in 10^th International Conference on Corporate Social Responsibility.

Skoch Financial Inclusion and Deepening Award 2015

NBC TV 18 Financial Advisors Awards 2014 -15 in Best PSU Banks

MSME Banking Excellence Awards 2015 from Chamber of Indian Micro Small & Medium Enterprises (CIMSME)

1.  Best Bank Award for Promotional Schemes – Winner

2.  Best Bank Award for Mudra Yojna - Runner Up

National Award for Innovative Training Practices" (Second Prize for 2014-15) by Indian Society for Training & Development (ISTD)

Excellence in Innovation’ Award 2015 for implementation of M Passbook from

Financial Insights, International Data Corporation (IDC)

“ICT4 Development Awards 2015” from ASSOCHAM in the areas of Green IT

(Tabulous Banking, eKYC application, and M Passbook application

“elets Awards 2015” for “Multi Channel Payment Solution (IMPS)” from elets

Technomedia Pvt. Ltd.

SKOCH order of Merit Awards 2015 for:

1.  eKYC implementation

2.  Financial Inclusion Technology

3.  Kendriya Vidayalaya Fee Collection

NPCI Award 2015 under:

1.  Special category for implementation of IMPS through branches

2.  Recognition Award 2015 in issuance of RuPay cards

1^st Best Corporate Vigilance Excellence Award (2015-16) in corporate category in 7th Conclave of Vigilance Officers

Date: 13^th May, 2016

Place: Mumbai

“I have not given birth to my child just so that someone else can take care of her”, Aishwarya Rai Bachchan

For many working women, be it in the film industry or outside, it is not an uncommon thing to leave the child with nannies or day care centres. Actress Aishwarya Rai Bachchan is however striving to be the best mom ever. With hectic work schedule, Aishwarya is managing her personal roles very well. While she didn’t care about the criticism on putting on weight during and post pregnancy, she is still embracing motherhood and doing everything that a mother normally does for her child.

On a TV show, Yaar Mera Superstar, Aishwarya Rai Bachchan shared, “Even if I have to leave for shoot, I make sure I prep up Aradhya for school and drop her before reaching to the sets. I work it out, plan it accordingly. Thankfully, the people I work with are extremely supportive. I have become a mother and want to experience motherhood. Why would I want to just delegate things? I have not given birth to my child just so that someone else can take care of her. I’m enjoying every phase of my life as a mother.”

Aishwarys currently is promoting her next with Randeep Hooda. Sarabjit, directed by Omang Kumar, releases on May 20.

DON'T BREATHE - First International Trailer

DON’T BREATHE              

Language: English           

Date: 2-Sep-16

Genre: Suspense Thriller             

Director: Fede Alvarez  

Cast: Jane Levy, Dylan Minnette, Daniel Zovatto and Stephen Lang         

A group of teens break into a blind man's home thinking they'll get away with the perfect crime. They're wrong.  

How were MBA exams this entrance season- By Mr. Gautam Puri Vice Chairman and Managing Director, CL Educate Ltd

CL Educate Ltd, one of Asia’s leading edu-corporates, with focus on diverse segments of education, and across learners of multiple age-groups. Led by a team of IIT-IIM alumni, with a passion for excellence in education, CL Educate Ltd has shaped the lives and careers of lakhs of students in the twenty years of its existence. With a core ideology to 'enable individuals to realize their potential and achieve their dreams', CL is firmly grounded on their focus on academic excellence, technological innovation, and deep rooted domain expertise built over close to two decades.

Please find enclosed an article written by Mr. Gautam Puri, Vice Chairman and Managing Director CL Educate Ltd titled “How were MBA exams this entrance season”

The 9th Annual Images Shopping Centre Awards 2016 recognized some of the top experiential retail brands at a glittering ceremony

India Shopping Centre Forum (ISCF 2016) which is being held on 11^th & 12^th May, 2016 at The Renaissance, Powai witnessed top honchos of the Retail Real Estate Industry who shared some notable insights on the current trends through various interactive sessions.

The evening of Day 1 (11^th May, 2015) at India Shopping Centre Forum witnessed the Images Shopping Centre Awards (ISCA), 2016.

The Images Shopping Centre identified worthy and exceptional brands followed by an enthralling performance by the Manuel Manual Trio, with guitarist and composer Adil Manuel, singer & songwriter Shannon Donald and beat boxer extraordinaire, Alan D-Souza. The trio performed some peppy numbers of which some were Michael Jackson’s Billie Jean and Adele’s Rolling in the Deep.

The host for the night was a luxury and lifestyle anchor for NDTV Good Times and India's only science and technology and all things crazy female You Tuber, Freishia BomanBehram.

The highlight of the evening was the superlatively talented Radhika Vaz who is a successful comedian and an author. Her book 'Unladylike, A Memoir' is now available in stores and online.

USHA further strengthens distribution network in India

Consolidates presence through modern retailing and e-tailing to expand market share

New Delhi, May, 2016: USHA International Ltd., one of India’s leading consumer durable companies, has announced expansion of its distribution network in India. The company is integrating modern trade and e-commerce channels with its existing network for a significant increase in its retail footprint. In this direction, USHA has initiatedtie ups with regional retail players and associated withretail chain Bajaj Electronics in Hyderabad recently.The company plans to forge more such tie-ups across India. USHA will also soon start selling exclusive products through leading e-tailing platforms. With this move, USHA would be consolidating its retail business including modern trade, ecommerce, regional retail, company owned showrooms& USHA joy stores in India.

Commenting on the development, Kapil Kohli, Vice President-Retail Head, Usha International Ltd. said “With a paradigm shift in consumer behavior and increasing focus on superior buying experiences, USHA is investing significantly to expand its retail presence. Leveraging our already high brand recall, we are ensuring presence across channels and the last mile connectivity for maximum outreach for all our products across categories.USHA is aiming for a 30% growth in retail business by ensuring product display management, focus on sell-out and experiential marketing.”

Additionally, USHA is transforming its existing 60 plus company showrooms and integrating experiential zones for enhanced customer experience and quick buying decisions. Fueling the company growth, USHA plans to increase the retail footprint by opening 50 new USHA JOY stores by March 2017 and establish connect with over 17500 retailers /dealers consolidating brand presence in rural India. USHA Joy stores are company designed, franchisee owned and operated brand stores that are set up to offer all company products under one roof, transfer better brand experience and for improved product interaction.

USHA’s product categories include fans, appliances, sewing machines, water coolers and dispenser, agricultural and domestic pumps and diesel engines. The company has recently launched innovative products like Halogen Oven, Compacto Tower Fans, My Fab Barbie Sewing Machine, Humidifiers, to name a few. The brand continues to innovate to enable improved lifestyle.

According to the AC Nielson Survey 2015, USHA is the most trusted Indian brand in the consumer durables industry.

***

The Friendly Toast

Everyday 8:30am on SonyESPN&SonyESPN HD

Background

IPL is the single greatest sports event in India annually and is watched by the widest range of television audiences. It has an equal mix of women and children, along with the classical 15-34 aged male audience.

In our effort to continuously build the ESPN brand in India, the IPL season is a great opportunity to engage fans in a way that keeps them coming back for more.

ESPNcricinfo presents ‘The Friendly Toast’ – a daily show on Sony ESPN that provides fans with a sharp reading of the game, making sense of the numbers and honest analysis of the day’s play. All of this in a fun and entertaining manner through the gamified interface of experts ‘owning’ teams for the duration of the show.

The Objective

This show is focused on connecting with the fans through the rich legacy and quality insights/analysis that Cricinfo has always provided fans, now on television.

The Target Audience

Primarily the IPL audience that is following the game day to day, looking for analysis of the day’s play as a means to augment their cricket discussions.

The Main Message

Catch the best of IPL analysis with a twist – the game within a game.

Ajit Agarkar

Full name Ajit BhalchandraAgarkar

Born December 4, 1977, Bombay (now Mumbai), Maharashtra

Current age 38 years 146 days

Major teams India, Delhi Daredevils, Kolkata Knight Riders, Middlesex, Mumbai

Playing role Bowler

Batting style Right-hand bat

Bowling style Right-arm fast

Slight, fiery and gifted, Ajit Agarkar never came to terms with being Kapil Dev's replacement as India's match winner with bat and ball. The ingredients were there, and in the right proportions, but never formed a heady and long-lasting mix. Agarkar's entry into international cricket - with an avalanche of wickets that made him the then fastest to 50 in ODIs - was matched for speed only by an astonishing batting slump during which he collected seven consecutive Test ducks against Australia. But he could bat, because tailenders simply do not score half-centuries in 21 balls, as Agarkar did in a one-day game against Zimbabwe, or score Test centuries at Lord's, as Agarkar did in some style in 2002. His aggression was an asset, but his body could not sometimes support it. He turned into a one-day specialist - arguably India's most effective ODI bowler in 2005-06 - but a disappointing World Cup campaign resulted in him being dropped for the Bangladesh series that followed.

Agarkar was part of the ODI squad that toured England in the summer of 2007, but his prospects of adding to his 191 ODI appearances faded after he was dropped following the series defeat. Agarkar remained a domestic force to be reckoned with, though, as his five-wicket haul in one of the most thrilling Ranji Trophy finals in Mysore in January 2010 attested to. Agarkar claimed 5 for 81 as Karnataka, chasing a target of 338, were bowled out for 331 in the post-lunch session of the fourth day's play. He captained Mumbai in the 2012-13 season, leading them to their 40th Ranji Trophy title. Just prior to the following season, Agarkar announced his retirement from all cricket.

DaryllCullinan

Full name Daryll John Cullinan

Born March 4, 1967, Kimberley, Cape Province

Current age 49 years 55 days

Major teams South Africa, Border, Derbyshire, Easterns, Gauteng, Kent, Titans, Transvaal, Western Province

Batting style Right-hand bat

Bowling style Right-arm offbreak

Less of an enigma than is sometimes claimed, DaryllCullinan was the centrepiece of South Africa's batting from the early to mid 1990s. He came out second best in his duels with Shane Warne, but although much was made of the animosity between the two, a more sober assessment of Cullinan suggests that his failures on two Australian tours were largely the result of an almost desperate desire to prove himself against a cricketing nation he holds in high regard. In other words, Cullinan tried just too hard to succeed against Australia.

Against all other attacks in all kinds of conditions he scored runs, as demonstrated by his century in the first Test against Sri Lanka at Galle in 2000 when his hundred came against MuttiahMularitharan, the world's best offspinner, operating on a turning track. In 1994, when South Africa were decimated by Devon Malcolm and bowled out for 175, Cullinan made a graceful 94 and was the only South African not to lose his wicket to Malcolm.

Cullinan tried to opt out of one-day cricket at the end of the 2001 season, but the board, understandably, put pressure on him to sign a new two-year contract. However, he retired from all international cricket in 2002 under a cloud of dispute with the board. Recalled that season to play Australia after recovering from a knee injury and a lack of form, he suddenly withdrew from the team on the eve of the second Test. In 2007, Cullinan took up a coaching role with the ICL.

Dirk Nannes

Full name Dirk Peter Nannes

Born May 16, 1976, Mount Waverley, Melbourne, Victoria

Current age 39 years 348 days

Major teams Australia, Netherlands, Australian Cricketers Association Masters, Canterbury, Chennai Super Kings, Delhi Daredevils, Lions, Melbourne Renegades, Middlesex, Mountaineers, Otago, Royal Challengers Bangalore, Somerset, Somerset 2nd XI, Surrey, Sydney Thunder, Sylhet Royals, Victoria

Playing role Bowler

Batting style Right-hand bat

Bowling style Left-arm fast

A self-confessed "accidental cricketer", for most of Dirk Nannes' adult life, cricket has been an afterthought. He used to play a couple of club games at the start of the season, a handful at the end, and in between travel the world pursuing his other passion, skiing. He was no run-of-the-mill ski bum - he competed for several years in World Cup skiing events. But when he started to take his cricket seriously, he quickly grabbed the attention of Victoria's selectors. It led to a first-class debut at 29 in 2005-06, and in his second game he suffered the group humiliation of watching Queensland storm to 6 for 900 declared in the Pura Cup final.

There was more joy in the Twenty20, where he was instrumental in the Bushrangers winning the title. Nannes destroyed Western Australia with 4 for 23 in the final, and his promising FR Cup season - 11 wickets at 20.54 - hinted that he would be a big part of Victoria's attack moving forward.

Nannes gave up hope of playing for Australia after being overlooked for the World Twenty20 in England in 2009. Instead, he turned out for Netherlands (he is the son of Dutch migrant parents and carries a Dutch passport) and was part of the side that shocked England in the tournament opener. Though he went wicketless in that game, he was soon on Australia's radar, making his debut in an ODI against Scotland at Edinburgh. Quickly establishing himself as one of Twenty20 cricket's leading bowlers in the international arena, Nannes was the leading wicket-taker at the World Twenty20 in the Caribbean in May 2010, picking up 14 scalps at 13.07.

Despite picking up 93 wickets at a shade over 25 in less than three years of first-class cricket, Nannes decided to retire from the longer forms of the game in February 2010 and become a limited-overs specialist - a route that is becoming increasingly more common for fast bowlers. Unlike a typical fast bowler, however, Nannes speaks Japanese, studied the saxophone at university and runs a successful ski-travel company.

Iain O'Brien

Full name Iain Edward O'Brien

Born July 10, 1976, Lower Hutt, Wellington

Current age 39 years 293 days

Major teams New Zealand, Leicestershire, Middlesex,Wellington

Batting style Right-hand bat

Bowling style Right-arm fast-medium

A fast bowler from Wellington, Iain O'Brien earned his first Test call-up in March 2005 when New Zealand's pace stocks were hit by injury problems. He had had a solid State Championship that season, taking 20 wickets at 26.55, but his impact in his two Tests against Australia was limited. O'Brien managed only one wicket in each match and faded from the national selectors' radar until 2006-07, when he was included in Test and ODI squads for Sri Lanka's tour of New Zealand. He wasn't used, however, and had to settle for being the leading wicket-taker in the State Championship with 34 victims at 20.85. Those figures were enough to keep him in the frame and he finally added to his Test tally in South Africa in November 2007 after he was a late replacement in the touring party because of an injury to Kyle Mills.

O'Brien shunts between New Zealand and England to be with his English wife, who lives in Derbyshire. Writing is one of his hobbies and apart from managing his own blog, he contributes to a local Derbyshire cricket website. In December 2009, he retired from international cricket to spend more time with his family in England, and joined Middlesex as a replacement for MuraliKarthik.

ESPN IN INDIA

In India, ESPN operates a market leading digital business and is in a long-term collaboration with Sony Pictures Networks. Since October 2015, Sony and ESPN came together to serve fans in India via SONY ESPN branded sports channels and a new multisport website and app (launching in 2016). The collaboration between two of the most respected brands in Indian media and sports provides a powerful portfolio of sports rights and sports media assets in India.

Digitally, ESPN has been the market-leading digital sports company in India for years. ESPN owns and operates ESPNcricinfo, India and the world’s leading digital cricket brand, serving cricket fans with the best digital sports content and products across the rapidly expanding number and variety of devices.  In addition, ESPN and Sony will launch a multisport site and app for India in June 2016 and ESPNFC.com (football/soccer) serves a growing audience of fans in India. ESPN’s technology, editorial and product teams in Bangalore and Mumbai also serve as an integral part of ESPN’s leading global digital media portfolio and business.

ESPN IN APAC

Across the Asia/Pacific Rim region, ESPN operates a diverse business that includes a portfolio of innovative collaborations (including a multi-year agreement with Tencent in China), leading online and mobile brands and services, a leading television and digital media business in Australia, New Zealand and the Pacific Islands and more.

***