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Adidas joins Reliance Foundation Youth Sports to take football to campus
NEW DELHI: German sportswear giant Adidas and Reliance Foundation Youth Sports to hold School and College Football competitions starting from 27 August 2016.
The two have signed multi-year deal for this purpose. In the first year, the competition will be played in eight cities in Guwahati, Kochi, Chennai, Delhi, Kolkata, Mumbai, Pune and Goa, featuring over 2000 teams and 40,000 youths playing football.
The RFYS Football competitions will be held across four categories – Junior, Senior and College boys and Senior Girls.
Aimed at creating a unified structure for school and college competitions across sports, Reliance wants to encourage a multi-discipline sports culture among schools and colleges and provide young athletes an integrated growth platform.
As the performance partner with RFYS, adidas will provide the official match balls for the programme and will also be the kit partner to all the City Champions qualifying for the National Finals.
adidas Senior Marketing Director Damyant Singh said, “India’s love for the sport of football has grown tremendously over the last decade. A crucial link that was missing was the existence of a unified School and College competition that would give young athletes the opportunity to showcase their skills against the best in India. RFYS will fundamentally change the way the next generation of Indians coach, train and compete. Grassroots is the bedrock on which sporting success is built and adidas is very proud to play its part in supporting the RFYS.”
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Maharashtra panel orders Lodha to refund Rs 5 crore to homebuyers
Consumer court flags unfair practices in long-running property dispute case
MUMBAI: In a sharp rebuke to one of India’s biggest real estate players, the Maharashtra State Consumer Disputes Redressal Commission has directed Macrotech Developers to refund nearly Rs 5 crore to a senior citizen couple, Uttam and Anindita Chatterjee. The ruling, delivered on March 13, 2026, calls out the developer for “deficiency in service” and “unfair trade practices”, bringing closure to a dispute that has stretched over a decade.
The case traces back to 2015, when the couple booked a 3-BHK flat at World Towers in Lower Parel for Rs 12.22 crore, with possession promised within a year. What followed was a series of changes that complicated matters. After deciding to exit the project, they were persuaded to shift to a 4-BHK in another development priced at Rs 8 crore, with delivery scheduled for 2018. However, within months, the price was allegedly increased to Rs 10 crore. After demonetisation reshaped the market, similar flats were reportedly being offered at lower prices, but the couple were not given the benefit.
Despite paying over Rs 2.83 crore, the couple neither received possession nor clarity. Instead, in 2018, the developer unilaterally cancelled the booking, retained part of the amount as earnest money, and argued that the buyers were investors rather than consumers. The commission rejected this claim, observing that casual references to “investment” do not take away consumer rights when the purchase intent is residential.
The bench also held that the developer could not penalise buyers for payment delays while failing to meet its own delivery commitments. It noted the lack of formal documentation for revised terms and termed the prolonged retention of funds without delivering a home as exploitative.
As part of its order, the commission directed the developer to refund Rs 2.83 crore paid by the couple, along with interest at 10 per cent per annum, amounting to around Rs 2.12 crore. In addition, Rs 1 lakh has been awarded for mental agony and Rs 50,000 towards litigation costs, taking the total payout to over Rs 5 crore. The developer has been asked to comply within two months.
For now, the ruling serves as a reminder that in real estate, shifting terms and delayed promises can carry a significant cost.
