Dhoni 'might' play the next game, says Raina

Agencies
April 18, 2019

Hyderabad, Apr 18: Stand-in-skipper Suresh Raina said captain Mahendra Singh Dhoni "might" play the next game after missing Chennai Super Kings's six-wicket defeat by Sunrisers Hyderabad in the IPL here.

Dhoni was ruled out of the match with back spasm, paving the way for Raina to shoulder captaincy responsibility.

"His back was stiff. He is feeling better and might play the next game," Raina said at the post-match presentation ceremony.

For a team that has won seven of their nine matches this season, the defeat was a wake-up call, Raina said.

"I think it is a very good wake up call." 

CSK were restricted at 132 for five after they opted to bat, and then, SRH chased down the target with 19 balls to spare.

"I think we didn't put a decent score on the board and kept losing wickets. We lost too many wickets in between and that's why it cost us the game.

"We should have looked for partnerships and should have rotated our strike better. Hence, we were 30 runs short," Raina said.

Man of the Match David Warner (50) thanked the crowd for support.

"Great support, even though there is plenty of yellow, they are a fantastic crowd. Sometimes we have been a bit hesitant, against Kings (XI Punjab) the wicket was quite tough. Me and Jonny (Bairstow) have been mixing and matching quite well. 

"I have two beautiful children, one more on the way, and a beautiful wife and I can't thank them enough. I have fantastic support from over the world and it has been overwhelming here in India," Warner said. 

Sunrisers Hyderbad captain Kane Williamson applauded the team for its efforts. 

"Very good performance all around. CSK started well with the bat but the way we performed in the back half was outstanding and the chase was superb. I don't think the wicket changed too much," he said. 

"Rashid (Khan, who claimed 2/17) has been an outstanding performer for a number of years. He was brilliant today. Warner was brilliant. A match-winning knock with Jonny (61 not out)," Williamson added.

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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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