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Business Today Golf caps 26th edition with Mumbai finale

Corporate leaders gather in Mumbai as 26th season concludes

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MUMBAI: Business Today Golf wrapped up its 26th edition with a grand finale in Mumbai on 6 March, reaffirming its reputation as one of India’s most prominent corporate golf tournaments.

The concluding event brought together corporate leaders, tournament champions and distinguished guests, with Mastek chairman and founder Ashank Desai, attending as chief guest.

For more than a quarter-century, Business Today Golf has served as a meeting ground where boardroom decision-makers step onto the greens: competing, networking and exchanging ideas in an atmosphere shaped by discipline, precision and sportsmanship.

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The 2025–26 season, presented by AU Small Finance Bank, began in Hyderabad on 29 November, 2025. The launch featured former India cricket captain Mohammad Azharuddin, who attended as chief guest.

From there, the tournament travelled through key business hubs including Chandigarh, Bengaluru, Kochi, Chennai and Gurugram before returning to Mumbai for the final round.

Over four months, the series brought together executives, entrepreneurs and industry leaders on some of the country’s leading golf courses, combining competitive sport with high-level networking beyond the confines of the workplace.

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Across its history, the tournament has also drawn prominent sporting personalities including Kapil Dev, Suresh Raina, Ajit Agarkar, Shiv Kapur, Madan Lal and Gaurav Bajaj, adding star power to the fairways.

Now in its 26th year, Business Today Golf has evolved into a longstanding tradition that blends sport, leadership and business networking, giving India’s corporate elite a chance to test their golfing prowess while building relationships that often extend well beyond the course.

With the Mumbai finale closing another competitive season, organisers say the platform will return for its next edition, continuing its role as a unique intersection of business, sport and camaraderie.

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UK’s OnlyFans seeks US investor at $3bn valuation after owner’s death

The adult video platform is seeking stability after the death of its billionaire owner

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LONDON: OnlyFans is looking for a new partner. The London-based adult video platform is in advanced talks to sell a minority stake of less than 20 per cent to Architect Capital, a San Francisco-based investment firm, in a deal that would value the business at more than $3bn (£2.2bn).

The move is driven by an urgent need for stability. Leonid Radvinsky, the Ukrainian-American billionaire who owned OnlyFans, died of cancer last month at the age of 43, leaving the future of one of Britain’s most profitable privately held businesses suddenly uncertain.

The choice of Architect Capital is not arbitrary. The firm has deep expertise in financial services, which aligns neatly with OnlyFans’ ambitions to offer banking products to its creators, many of whom have long struggled to access basic financial services because of the nature of their work.

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The numbers behind OnlyFans are, by any measure, staggering. The platform posted revenues of $1.4bn in the year to 30th November 2024, with a pre-tax profit of $684m, up four per cent on the prior year. Payments to creators totalled $7.2bn over the same period, a rise of nearly ten per cent. Radvinsky personally collected $701m in dividends from the business in 2024 alone, on top of more than $1bn in such payments he had already received. The platform, run through its parent company Felix International, hosts 4.6m creator accounts, with performers keeping 80 per cent of subscription proceeds and the platform pocketing the remaining 20 per cent. It has 377m fan accounts in total.

The current minority stake talks represent a notable scaling back of ambitions. In January, OnlyFans was reported to be in discussions with Architect about selling a majority stake of 60 per cent. Before that, the company had explored a sale to a consortium led by Forest Road Company, a Los Angeles-based investment firm. Neither deal materialised.

OnlyFans has built an enormously lucrative business on content that mainstream finance has long refused to touch. Now, with its owner gone and a $3bn valuation on the table, it is looking for the kind of respectable institutional backing that might finally persuade the banks to take its calls.

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