Sindhu makes winning start to World Tour Finals

Agencies
December 12, 2018

Guangzhou, Dec 12: Olympic silver medallist shuttler PV Sindhu eked out a hard-fought win over world number two and defending champion Akane Yamaguchi in the opening women's singles group A match of the World Tour Finals, here Wednesday.

Sindhu, who had finished runner-up at the last edition in Dubai, dished out a superb game, mixed with patience and aggression, to defeat the Japanese 24-22 21-15.

However, Sameer Verma, who is the second Indian men's player after Kidambi Srikanth to qualify for the tournament, couldn't adjust to the pace of world no 1 and world champion Kento Momota, going down 18-21 6-21 in the opening group match.

Sameer, who defended his title at the Syed Modi International to qualify for the USD 1,500,000 event, will have to beat Thailand's Kantaphon Wangcharoen and Indonesia's Tommy Sugiarto in the other group B matches to salavge hopes of qualifying for the knockout stage.

Making her third successive appearance at the tournament, Sindhu, who had a 9-4 head-to-head record against Yamaguchi, produced a controlled game in the slow conditions, never letting go despite lagging behind many times in the match.

The first game clocked 27 minutes as both the shuttlers fought tooth and nail for supremacy. Sindhu was trailing 6-11 at the first internal but she fought back to catch up with the Japanese at 19-19 with a smash on her rival's back hand.

A battle of mind and body ensued as leads changed hands but it was Sindhu who showed better mental fortitude to claim the opening game after a stretched Yamaguchi sent her forehand return at the net.

In the second game, Yamaguchi tried to put pressure on the Indian's backhand but Sindhu was up to the challenge as she made some superb retrieves to lead 3-1 initially.

Persistent pressure worked as Yamaguchi levelled par and went to a 4-3 lead when Sindhu made a judgement-error and soon moved to 6-3.

Sindhu however soon grabbed the lead at 8-7 after her rival went wide and then hit the net. 

A fantastic rally ended with Sindhu on her knees at the forecourt. She then went long but the Japanese too erred as it was 9-9.

At the break, Yamaguchi held a slender 11-10 lead after Sindhu could not properly connect at the forecourt. 

Sindhu took a 14-11 lead after the break, following two mistakes from the Japanese and a superb disguised flick at the back court. 

Sindhu dominated the proceedings after the break, grabbing a six-point cushion at 18-11. 

Yamaguchi took two points before another long shot gave Sindhu another point. 

The Indian grabbed six match points when Yamaguchi hit the net again. The Japanese saved one before faltering at the net to hand over the match to Sindhu. 

The top two players from each group will qualify for the semifinals, after which a knockout draw will be conducted.

Only eight top players compete in the prestigious season-ending event.

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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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