India rout Pakistan 6-2 to win 2015 Junior Asia Cup hockey title

November 23, 2015

New Delhi, Nov 23: Indian colts thrashed arch-rivals Pakistan 6-2 in the final of the 2015 Junior Asia Cup hockey tournament in Kuantan, Malaysia on Sunday.

Asia Cup

Inspirational drag-flicker Harmanpreet Singh scored a quartet, with the first goal coming as early as the 10th minute of the first quarter. In the half-time, India took a 3-1 lead, with Harmanpreet completed his hat-trick in the 30th minute.

Pakistan got their first goal in the 28th minute with a field goal by Muhammad Yaqoob.

Harendra Singh's boys, unbeaten in the tournament so far, then scored three more goals, with Pakistan's Muhammad Dilber scoring their second goal just two minutes before the final hooter at the Wisma Belia Hockey Stadium.

Harmanpreet scored his fourth and India's sixth goal in the 53 minute. Armaan Qureshi and Manpreet were other scorers for India.

Harmanpreet also became the highest scorer of the tournament with a tally of 15 goals.

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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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