Karnataka beat Mumbai to enter Ranji final

February 28, 2015

Bengaluru, Feb 28: Defending champions Karnataka completed the formalities to register a 112-run win over Mumbai and enter the final of the Ranji Trophy cricket tournament for the 14th time here Saturday.

Karnataka Ranji final

Mumbai, chasing a victory target of 445, were all out for 332 about an hour into the fourth and penultimate day of the semi-final when seamer Sreenath Arvind had overnight batsman Siddhesh Lad (74, 8x4, 1x6) caught behind.

Resuming at their overnight total of 277 for six, Mumbai tried to fight back at the M. Chinnaswamy Stadium.

But Karnataka struck early when Balwinder Singh Sandhu, replacing an unwell Abhishek Nayar, was trapped in front by Abhimanyu Mithun.

Mithun thus finished with four wickets for a fine all-round performance, having made 89 in Karnataka's second innings.

At the other end, leg-spinner Shreyas Gopal induced a nick from Shardul Thakur, who was caught in the slips.

This was before Lad was caught behind, fending a short ball from Sreenath Arvind as Karnataka completed a fine win.

Karnataka skipper R. Vinay Kumar, while complimenting his team members for contributing at vital moments, admitted that the batting was still a concern.

"We have shown that we can bat till No.11 and I am happy with the attitude we showed despite being all out for 202 in the first innings," said Vinay, who was named Man-of-the-Match for his 6-for-20 effort that saw Mumbai tumble to 44 all out in their first innings.

"Yes, there are a few areas we need to improve. We have to come together as a batting unit."

Karnataka, winners of the Ranji Trophy seven times, now await the winners of the other ongoing semifinal between Tamil Nadu and Maharashtra.

The final, slated for March 8-12, will be played at the Wankhede Stadium in Mumbai.

Brief scores: Karnataka 202 and 286 beat Mumbai 44 and 332 all out in 121.1 overs (Aditya Tare 98, Akhil Herwadkar 31, Shreyas Iyer 50, Surya Kumar Yadav 36, Siddhesh Lad 74, Abhimanyu Mithun 4 for 69, Sreenath Arvind 2 for 64, Shreyas Gopal 2 for 68) by 112 runs.

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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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