Underdogs to winners: Australia finally break T20 World Cup duck

News Network
November 15, 2021

 

It took Australia seven attempts but under Aaron Finch they finally laid their hands on a maiden Twenty20 World Cup title on Sunday with an eight-wicket triumph over New Zealand.

The 20-overs trophy drought for one-day cricket's most successful team was an aberration for Finch, who had oozed confidence that Australia would be "rectifying" the wrong.

Mitchell Marsh and David Warner combined for a 92-run stand to trump New Zealand captain Kane Williamson's side after his masterly knock had taken them to a competitive total.

Williamson capitalised on an early reprieve to fire his team to 172-4 which they failed to defend in the end.

It was a stunning turnaround for an Australia team which had lost five T20 series on the trot heading into the World Cup.

They came into their own only in the semi-finals when they stunned former champions Pakistan, the tournament's only unbeaten team until then.

Awaiting them in the final were reigning test champions New Zealand, easily the game's best cross-format side, who have made a habit of reaching the finals of global events.

Six years after beating New Zealand to win a fifth ODI World Cup, Australia lifted their first men's 20-overs world title.

Fireworks lit up the sky to celebrate the success of a team which had been written off after their wretched build-up.

Before that, Warner and Marsh had treated the crowd at the Dubai International Stadium with their batting pyrotechnics.

Warner's best

Warner's own performance reflected his team's extraordinary journey in the tournament.

His place in the side was debated after his Indian Premier League franchise dropped the left-hander from their squad.

Warner struggled in the warm-up matches but regained his mojo and strung together scores of 89 not out, 49 and 53 in their last three matches.

He walked away with the man-of-the-tournament and Finch was not surprised.

"You didn't expect that? I certainly did," the Australia captain told reporters.

"He's someone who when his back is against the wall, that's when you get the very, very best of David Warner."

Marsh was adjudged man-of-the match for his unbeaten 77 not out off 50 balls, which trumped Williamson's 85 off 48 balls.

Thirty four years after his father Geoff helped Australia win their maiden ODI World Cup, Marsh played a key role in helping his country win their first 20-overs world crown.

For New Zealand, who finished runners-up to England in the 2019 ODI World Cup, it was yet another white-ball heartbreak.

Graceful as ever, the 31-year-old Williamson was fulsome in his praise for Australia while proud of his team's display.

"If you look at the campaign as a whole, and the type of cricket that we have been able to play, I can say that we are very proud of our efforts throughout this period of time.

"You get to a final and anything can happen," he added. 

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News Network
November 21,2024

adani.jpg

Shares of Adani Group companies lost about $28 billion in market value in morning trade on Thursday after US prosecutors charged the billionaire chairman of the Indian conglomerate in an alleged bribery and fraud scheme.

Gautam Adani's flagship company Adani Enterprises tumbled 23 per cent, while Adani Ports, Adani Total Gas, Adani Green, Adani Power, Adani Wilmar and Adani Energy Solutions, ACC , Ambuja Cements and NDTV fell between 20 per cent and 90 per cent.

Adani group's 10 listed stocks had a total market capitalisation of about $141 billion at 0534 GMT, compared to $169.08 billion on Tuesday.

US authorities said Adani and seven other defendants, including his nephew Sagar Adani, agreed to pay about $265 million in bribes to Indian government officials to obtain contracts expected to yield $2 billion of profit over 20 years, and develop India's largest solar power plant project.

Adani Green in a statement on Thursday said the US Justice Department had issued a criminal indictment against board members Gautam Adani and Sagar Adani and the Securities and Exchange Commission had issued a civil complaint against them.

The US Justice Department also included Adani Green board member Vneet Jaain in the criminal indictment, it said.

Adani Green's units had decided not to proceed with the proposed US dollar denominated bond offerings due to developments, it added.

"Investors will shy away from Adani Group stocks ... and that's what this sharp selling is signifying," said Saurabh Jain, assistant vice president of retail equities research at SMC Global Securities.

"This could hurt the credibility of the group and maybe borrowing costs will rise," he said.

The indictment comes nearly two years after US shortseller Hindenburg Research alleged that Adani had improperly used tax havens and was involved in stock manipulation, allegations the conglomerate denied.

Also in early Asian trading on Thursday, Adani dollar bonds slumped, with prices down 3c-5c on bonds for Adani Ports and Special Economic Zone. The falls were the largest since the Adani Group came under a short-seller attack in February 2023.

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