Duminy to lead South Africa in T20 series against India

Agencies
February 13, 2018

Port Elizabeth, Feb 13: Cricket South Africa today named JP Duminy as captain for the three-match T20 series against India starting in Johannesburg on February 18.

Duminy will lead the side in absence of injured Faf du Plessis, who fractured his index finger in the first ODI at Durban.

Stand-in skipper Aiden Markram and senior batsman Hashim Amla have been rested for the series.

Batsman Christiaan Jonker has been included in the squad while keeper-batsman Heinrich Klaasen has also been called up to the T20 team for the first time, along with fast bowler Junior Dala.

Leg spinner Imran Tahir too has been left out, although chief selector Linda Zondi said that he has just been rested to give left arm spinners Tabraiz Shamsi and Aaron Phangiso more game time.

Fast bowlers Morne Morkel, Kagiso Rabada and Lungi Ngidi have also been rested owing to the heavy workload this home summer.

South Africa T20 squad: JP Duminy (capt), Farhaan Behardien, Junior Dala, AB de Villiers, Reeza Hendricks, Christiaan Jonker, Heinrich Klaasen, David Miller, Chris Morris, Dane Paterson, Aaron Phangiso, Andile Phehlukwayo, Tabraiz Shamsi, Jon-Jon Smuts.

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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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