Australia win the toss and bat in 1st India ODI

Agencies
January 12, 2019

Sydney, Jan 12: Australia won the toss and chose to bat in the opening one-day international against India at the Sydney Cricket Ground on Saturday.

"The middle overs are key for us to improve on. Just playing spin well and keeping wickets in hand at the back end to load up," Australia skipper Aaron Finch said at the toss.

India captain Virat Kohli said: "We would have batted first as well but some of the players are inclined towards chasing.

"It's a brilliant wicket to play on, with the shorter boundary on one side. It's going to be an exciting chase."

Australia -- following their first-ever 2-1 home Test series defeat to India -- made a number of changes to their ODI team.

Alex Carey will open with skipper Aaron Finch, with veteran paceman Peter Siddle to play in his first ODI in more than eight years and Jason Behrendorff to make his ODI debut.

India went for two spinners with Ravi Jadeja returning to the side and Ambati Rayudu and Dinesh Karthik chosen in the middle order.

Hardik Pandya and Lokesh Rahul will be missing after they were sent home from the tour of Australia amid an investigation into comments made about women on a TV celebrity show.

In the last five ODIs at the SCG the average score is 327.

Australia have won three of their last 24 games since the end of January 2017 and are currently ranked sixth, while second-ranked India have only lost one of their last 11 ODIs.

Teams:

Australia: Aaron Finch (capt), Alex Carey, Shaun Marsh, Usman Khawaja, Peter Handscomb, Marcus Stoinis, Glenn Maxwell, Jhye Richardson, Nathan Lyon, Peter Siddle, Jason Behrendorff.

India: Rohit Sharma, Shikhar Dhawan, Virat Kohli (capt), Ambati Rayudu, Dinesh Karthik, MS Dhoni, Ravindra Jadeja, Kuldeep Yadav, Bhuvneshwar Kumar, Mohammed Sham, Khaleel Ahmed.

Umpires: Michael Gough (ENG), Paul Wilson (AUS)

TV Umpire: Richard Kettleborough (ENG)

Match Referee: Andy Pycroft (ZIM)

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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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