Sania Mirza-Martina Hingis in China Open quarters

October 8, 2015

Beijing, Oct 8: The Indo-Swiss tennis combine of Sania Mirza and Martina Hingis earned a hard-fought victory to move into the women's doubles quarterfinals of the China Open, being played on the hard courts of the Beijing Olympic Green Tennis Center here on Wednesday.

sania
The top seeds took an hour and 17 minutes to edge past experienced Italian pair of Sara Errani and Flavia Pennetta 1-6, 6-4, 10-6. This is the second victory in as many meetings for the Indo-Swiss pair over their opponents, having beaten the Italians in New York earlier this year.

But it was the end of the road for Rohan Bopanna, who with American partner John Isner, lost his men's doubles first round in straight sets to Uruguayan-Serbian pairing of Pablo Cuevas and Viktor Troicki. The winners took just 54 minutes to easily beat Bopanna and Isner 6-4, 6-3.

Sania and Martina were shocked in the first set as their service games were broken thrice. To add to that, they double faulted twice, giving easy points to the Italian pair and losing the set in a jiffy. They looked totally out of rhythm and could not even earn a single breakpoint chance.

However, they fought back in the second set when they broke Sara and Flavia twice, once more than the Italians did, which was enough to win the set and push the match into the decider.

The reigning Wimbledon and US Open champions proved just a tad bit better in the super tie-break to clinch the match and enter the last eight.

They will next take on German-Czech pairing of Julia Goerges and Karolina Pliskova for a place in the semis.

Leander Paes, with Australia's John Peers, had too lost his opener on Tuesday when the pair went down to Canadian-French fourth seeds Daniel Nestor and Edouard Roger-Vasselin 6-7(1), 6-4, 9-11.

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News Network
March 22,2024

IPL.jpg

The start of the world’s most lucrative cricket tournament in India is presenting investors with another big opportunity to cash in on the sport, months after the world’s most populous nation hosted the Cricket World Cup.

The eight-week long Indian Premier League begins March 22 for its 17th season. Since its inception, the fast-paced cricket tournament has become a corporate juggernaut to rival the National Football League in the US and the English Premier League in value.

Just as October’s Cricket World Cup boosted consumption in India for months, fans are expected to flock to restaurants, pubs and food delivery platforms over the duration of the tournament. This year’s IPL also coincides with general elections that will last for six weeks starting April 19, a period when companies are expecting higher food and drink sales as people flock to rallies and other events.

“There’s going to be a lot of spending,” said Madan Sabnavis, chief economist at Bank of Baroda. “IPL, as well as the election, gives a three-month corridor with enhanced economic activity.”

Stocks in India such as McDonald’s franchise operator Westlife Foodworld Ltd. and peer Sapphire Foods India Ltd. gained ahead of the first match on Friday, as well as hotels and beverage makers. Packaged-food companies could also stand to benefit from the IPL craze, said Sachil Bobade, an analyst at investment firm Dolat Capital Market.

The IPL ecosystem was valued at $11 billion (Rs 91,721 crores) in 2023, including the value of media rights and sponsorships, according to Indian valuation consulting firm D&P Advisory.

The league is also attracting record sums of money from sponsors and broadcasters. Conglomerate Tata Group won the title sponsorship rights of the tournament in January for a record 25 billion rupees ($300 million). Billionaire Mukesh Ambani’s media venture secured the digital streaming rights in 2022 for five years for $2.7 billion, while Walt Disney Co. paid roughly the same for TV rights.

“There was a serious amount of bidding even this year,” said Vinit Karnik, head of entertainment, esports and sports at media agency GroupM South Asia. “I see growth in IPL in double digits year-on-year,” he adds.

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