Paris Olympics 2024: Nita Ambani re-elected unanimously as IOC member
Paris (PTI): Indian sports administrator Nita Amabani was on Wednesday re-elected unanimously as member of the International Olympic Committee (IOC), ahead of the Paris Olympics.
Ambani won unanimously with 100 per cent of vote at the 142nd IOC session here.
"I am deeply honoured to be re-elected as a member of the International Olympic Committee. I would like to thank President (Thomas) Bach and all my colleagues in the IOC for their faith and trust in me," Ambani said.
"This re-election is not just a personal milestone but also a recognition of India's growing influence in the global sporting arena. I share this moment of joy and pride with every Indian and look forward to continuing our efforts to strengthen the Olympic Movement in India and around the world," she added.
Ambani was first appointed to join the prestigious body in 2016 at the Rio Olympic Games. Since then, as India's first woman to join the IOC, Ambani has already made great strives for the association, whilst also championing India's sporting ambitions and Olympic vision.
This includes recently hosting the first IOC session in Mumbai in 40 years in October 2023.
As founder and chairperson of the Reliance Foundation, Ambani seeks to empower millions of Indians with resources and opportunities.
She drives various initiatives across sport, education, health, art and culture -- all aimed at improving the lives of people across the country.
As part of a long-term partnership with the Indian Olympic Association (IOA), Reliance Foundation has opened the first-ever India House at the Paris Olympics.
India House will be a "home away from home" for athletes, a place to celebrate wins, and share India's Olympic journey with the world.
It demonstrates India's ambitions to become a dominant force in global sports, fostering greater success at the Olympics and charting a course towards hosting the Games in the future.
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Bengaluru records fourth highest residential price growth globally: Knight Frank Report
Bengaluru: Bengaluru has emerged as the fourth most expensive city globally in terms of annual residential price growth, trailing only Seoul, Dubai, and Tokyo, as of March 2025, according to a new report by property consultancy Knight Frank.
Between April 2024 and March 2025, the city’s prime residential prices rose by 8.3%, the highest among Indian cities. On a quarterly basis, Bengaluru also posted a robust 7.2% increase in housing prices, the report cited by Deccan Herald noted.
The consistent rise in prices highlights strong end-user demand, particularly in the premium housing segment, driven largely by domestic buyers, the report said.
“As interest rates soften and buyer sentiment strengthens further, we expect prime residential demand to remain resilient and forward-looking,” DH quoted Shishir Baijal, Chairman and Managing Director, Knight Frank India, as saying.
Seoul, leading globally, recorded an annual surge of 18.4%, followed by Dubai at 16.4% and Tokyo at 15.5%. These were the only cities to experience double-digit growth.
Other Indian cities also made it to the list: Mumbai ranked fifth globally with a 7.6% annual increase, while Delhi placed 15th with a 3.9% rise, as of March-end.
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