Sri Lanka win toss, bowl against India in 1st ODI

Agencies
December 10, 2017

Dharamsala, Dec 10: Sri Lanka skipper Thisara Perera won the toss and chose to bowl first in the opening one-day international against India in Dharamsala on Sunday.

The visitors, who lost the three-Test series 1-0 last week, are looking for a winning start in the first of the three ODI games.

"It looks like a good batting track. We want to chase. We want to do well," said Perera, who replaced Upul Tharanga as captain last month.

Tharanga, who has had a superb run with the bat, remains in the XI with Asela Gunaratne added to bolster the batting. Allrounder Angelo Mathews is available to bowl after recovering from a calf injury.

India captain Rohit Sharma said that the hosts would have batted first even if they had won the toss.

"(The) sun is shining and it looks a good pitch. It is a good toss to lose," Sharma said.

Sharma said it is an "honour" for him to lead the side in the absence of Virat Kohli, who has taken a break ahead of India's all-important South Africa tour in January.

Mumbai batsman Shreyas Iyer has been handed his first ODI cap after playing just three Twenty20 internationals for India.

Teams

India: Rohit Sharma (captain), Shikhar Dhawan, Shreyas Iyer, Manish Pandey, Dinesh Karthik, Mahendra Singh Dhoni (wicketkeeper), Hardik Pandya, Bhuvneshwar Kumar, Kuldeep Yadav, Jasprit Bumrah, Yuzvendra Chahal

Sri Lanka: Thisara Perera (captain), Upul Tharanga, Danushka Gunathilaka, Lahiru Thirimanne, Angelo Mathews, Asela Gunaratne, Niroshan Dickwella (wicketkeeper), Sachith Pathirana, Suranga Lakmal, Akila Dananjaya, Nuwan Pradeep

Umpires: Anil Chaudhary (IND) and Simon Fry (AUS)

TV Umpire: Paul Reiffel (AUS)

Match Referee: Jeff Crowe (NZL)

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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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