MAM
Dome, NSCI to host yet another season of pro kabaddi league for the fifth consecutive year this july 2019 for home team U Mumba
MUMBAI: Dome, NSCI, India’s premier entertainment and leisure destination, is set to host all matches assigned to Mumbai team U Mumba for the seventh season of the Pro Kabaddi league, from the end of July 2019 onwards. Known for their incredible versatility, Dome is hosting the event for the fifth consecutive year, which is a testament to their expertise as a leading indoor sports arena.
Supporting the indigenous sport of Kabaddi, the league is an initiative by Mashal Sports and Star India, to bring back the sport into the national spotlight. As the official broadcasters, Star India has brought Kabaddi into home audiences live from the arena. Showcasing their support to this ground-breaking initiative, Dome, NSCI, is the proud home turf of U Mumba, Mumbai’s very own team, and is gearing up to ready the arena for a number of exciting matches for the fifth consecutive season. Sports enthusiasts in the city are already in a hurry to book their seats for the league, with tickets now live on PayTM and Insider.in
Mazhar Nadiadwala, Managing Director, Dome Entertainment, says, “With seven successful seasons of the Pro Kabaddi League, the sport has definitely become one of the leading sporting events in the country. It is a pleasure to consistently be able to deliver the best arena for an indigenous sport like Kabaddi to shine. Associating with Star India, the official broadcasters, this is our fifth time hosting the event, and it continues to be just as thrilling to host them as it was the first time. Partnering with USports, we are thrilled to watch our home team, U Mumba take the arena and fight for the trophy. We feel honored to have been chosen for the event yet again, and we hope to continue to be associated with them in the future, as well.”
The venue has also previously hosted leading sports events like Matrix Fight Night, Brave India – MMA, IOS Boxing, and more. By hosting Pro Kabaddi League for the fifth time, Dome has definitely established themselves as one of the leading sports destinations in the country.
Supratik Sen, MD & Co-Founder, U Sports says, “The team and the fans always look forward to U Mumba playing at home during the Pro Kabaddi League. We always try to give the fans maximum seating as they love to watch the match live. Not only that, the experience is also an important factor which Dome has. Even with the high costs, we spare no expense to give our fans the best!”
Brands
Estée Lauder to shed 10,000 jobs as new boss bets on digital shift
The cosmetics giant raises its profit outlook but stays silent on a possible merger with Spain’s Puig, as job cuts deepen and a three-year sales slump weighs on the turnaround
NEW YORK: Stéphane de La Faverie is not done cutting. Estée Lauder announced on Friday that it plans to eliminate as many as 3,000 additional jobs, taking its total redundancy programme to as many as 10,000 roles, up from a previous target of 7,000 announced a year ago. The company, which owns La Mer, The Ordinary, Tom Ford, and Aveda, employs roughly 57,000 people worldwide. The mathematics of what is now being contemplated is stark.
The fresh round of cuts is expected to generate a further $200 million in savings, bringing the total annual savings from the programme to as much as $1.2 billion before taxes. That money, De La Faverie has made clear, will be ploughed back into the turnaround.
A CEO in a hurry
De La Faverie, who took the helm in January 2025, inherited a company that had endured three consecutive years of annual sales declines. His response has been to move fast and cut deep. A significant portion of the latest redundancies reflects his push to reduce headcount at US department stores, long a cornerstone of Estée Lauder’s distribution model but now a channel in structural decline. In their place, he is accelerating the shift toward faster-growing online platforms, including Amazon.com and TikTok Shop, a pivot that is reshaping not just where Estée Lauder sells but how it thinks about its customers.
The numbers are moving in the right direction
Despite the pain, there are signs the medicine is working. Estée Lauder raised its profit outlook for the remainder of the fiscal year, guiding for adjusted earnings per share in the range of $2.35 to $2.45, above analyst estimates and a notable step up from the $2.05 to $2.25 range it had guided for in February. Organic net sales growth is expected to come in at 3 per cent, the company said, at the high end of the range it set out in February.
The share price tells a mixed story. After De La Faverie took charge, the stock surged nearly 60 per cent, buoyed by investor optimism that a longtime company insider could finally arrest the decline. But 2026 has been rougher: the shares have fallen 27 per cent this year, weighed down by disappointing February results and the overhang of unresolved merger talks with Spanish beauty giant Puig Brands SA. The company gave no additional details about those discussions on Friday, leaving the market to guess.
Silence on Puig
The proposed tie-up with Puig remains the most consequential unknown hanging over Estée Lauder. A deal with the Barcelona-based group, which owns brands including Carolina Herrera and Rabanne, would reshape the global luxury beauty landscape. But with nothing new to say and a turnaround still very much in progress, De La Faverie is asking investors to trust the process.
Three years of sales declines, 10,000 job cuts, and a merger that may or may not happen. At Estée Lauder, the overhaul has barely started.
