Siddiqui's McMafia wins International Emmy Awards 2019

News Network
November 27, 2019

New York, Nov 27: Nawazuddin Siddiqui-starrer "McMafia" has won the best drama series award at the 47th International Emmy Awards.

Soon after the win, the actor took to social media to express gratitude for the win.

"It's a pure delight to be receiving the beautiful winner trophy at the International Emmy Awards Gala in New York with one of my favourite director James Watkins for our work #McMafia Congratulations @jginorton #DavidStraithirn @oshricohen #MerabNindzi & the Team #McMafia @iemmys @bbc #bestdramaseries," Nawaz captioned his photograph with the show's team.

The 45-year-old actor played Indian businessman Dilly Mahmood in "McMafia".

"McMafia", produced by Cuba Pictures, revolves around Alex Godman (James Norton) a well-educated hedge-fund manager stuck with his Russian mafia family.

The show is inspired by the 2009 non-fiction book of the same name by journalist Misha Glenny.

The Indian contingent at the International Emmys included the teams of Netflix anthology "Lust Stories" (best TV movie/mini-series) (best actress for Radhika Apte), Netflix show "Sacred Games" (best drama series), "The Remix" (best non-scripted entertainment) and "Witness: India's Forbidden Love" (best documentary).

Also present at the event were filmmakers Anurag Kashyap, Vikramaditya Motwane, Zoya Akhtar, Dibakar Banerjee, Karan Johar, producer Ronnie Screwvala, actors Radhika Apte and Kubbra Sait.

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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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