U19 cricket: India beat New Zealand to enter World Cup final

August 23, 2012

india-team


Townsville (Australia), August 23India beat New Zealand by 9 runs to enter the Under 19 World Cup final at Townsville, Australia. India will play Australia in the final. Earlier, India's middle-order frittered away the good start provided by the top half as the team posted a disappointing 209 for nine after being put into bat in the semifinal against New Zealand.

Opener Prashant Chopra was the top-scorer for the Indians with a patient 104-ball 52, followed by number three batsman Baba Aparajith who added 44 runs to the total.

Skipper Unmukt Chand also did his bit with 31 runs off 44 deliveries but the rest of the line-up let the team down against a disciplined bowling effort by the New Zealand team.

For the Kiwis, left-arm spinner Ben Horne was the top wicket-taker, picking up three for 23 in six overs, while medium pacer Matthew Quinn managed a couple of scalps.

It was a decent start to the proceedings for the Indians as Unmukt and Prashant put on 51 runs for the first wicket before the former made his way back after becoming medium pacer Connor Neynens' only victim of the match.

Unmukt's knock included five hits to the fence. Next man in, Aparajith took hardly any time to settle down and rotated the strike with ease. Aparajith and Prashant combined to add 81 runs before the latter departed, caught one-handed by Kiwi skipper Will Young at mid on off Ed Nuttall's bowling. Prashant struck five boundaries and a six during his innings. Aparajith departed a couple of overs later, his 61-ball innings ended by Indian-origin spinner Ish Sodhi.

The rest of the Indian line-up failed to make notable contributions as the team were restricted to a disappointing total.



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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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