India exploit Bangladesh's pink chink to lord in Kolkata

News Network
November 23, 2019

Kolkata, Nov 23: Ishant Sharma and his pace colleagues wreaked havoc with the pink ball to put India in charge of their maiden day-night test against Bangladesh at a heaving Eden Gardens on Friday.

Armed with the heavily-lacquered ball, India`s three-pronged pace attack bundled out the tourists for 106 in front of a 60,000-strong crowd which included Bangladesh Prime Minister Sheikh Hasina.

Cheteshwar Pujara and Virat Kohli then smashed fifties as India, 1-0 up heading into the second and final match of the two-test series, finished day one on 174-3, to be course for their 12th consecutive home series victory.

Kohli (59 not out) and his deputy Ajinkya Rahane (23 not out) will return on Saturday hoping to bat Bangladesh out of the second and final test and sweep the series. Bangladesh, who were skittled out inside 31 overs, had to call two concussion substitutes after Liton Das and Nayeem Hasan sustained nasty blows to the helmet.

Earlier, India`s pace trio took less than three hours to rout the tourists after Mominul Haque`s decision to bat backfired. After the lull of the first six overs, Ishant drew first blood, trapping Imrul Kayes lbw en route to an impressive figure of 5-22.

New-ball partner Umesh Yadav (3-29) immediately benefited from a change of ends, dismissing Mominul and Mohammad Mithun in the same over to trigger a spectacular batting collapse.

India captain Virat Kohli had predicted close-in fielders would struggle to catch the harder, faster pink balls but his fears proved unfounded.

Rohit Sharma took a diving one-handed catch to sent back Mominul, Wriddhiman Saha flew to his right to cut short Mahmudullah`s stay and Cheteshwar Pujara dived forward to pouch a low catch to remove Mehidy Hasan Miraz.

Opener Shadman Islam topscored for Bangladesh with 29, while Liton retired hurt on 24 after being hit on the helmet by a Mohammed Shami delivery.

Mehidy came on as concussion substitute and Mithun replaced Liton behind the stumps when India came out to bat. Bangladesh needed a second concussion substitute in Taijul Islam after Nayeem also sustained a hit on the helmet by another vicious Shami delivery.

Both Mehidy and Taijul were dropped in the two changes to their playing XI earlier in the day. Indian openers looked at ease against the pink ball but neither Mayank Agarwal (14) nor Rohit Sharma (21) could convert their starts.

Pujara and Kohli helped India eclipse Bangladesh`s paltry total with their 95-run stand.

Pujara made 55 before edging Ebadot Hossain, who unfurled his second salute celebration, but Kohli went on to complete 5,000 runs as test captain.

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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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