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Cricket Council (ICC) and Coca-Cola have extended their global multi-million dollar sponsorship agreement for another eight years, covering ICC events across Test, ODI, and T20 formats until the end of 2031. While the financial terms of the deal have not been disclosed, sources close to the development say that the eight-year sponsorship agreement could be worth over $100 million, or $12.5 million per year, a significant increase from the $8–10 million that global partners presently pay per year. The ICC said that the collaboration with Coca-Cola would be one of the longest-ever associations formed by the ICC with a single brand, spanning a total timeline of 13 years (2019–2031). ICC, which earns a major chunk of its revenue from media rights and sponsorship, recorded a total revenue of $432 million for the fiscal year ending December 2022. As per the partnership, The Coca-Cola Company’s brands become exclusive non-alcoholic beverage partners. The agreement includes all men’s and women’s events at the pinnacle of the sport, including the ICC Cricket World Cups, ICC T20 World Cups, and ICC Champions Trophies through to the end of 2031. During the partnership period, there will be both a major international men’s and women’s event every year as well as a World Test Championship Final every two years. ICC Chief Commercial Officer Anurag Dahiya said, “I am thrilled to welcome back The Coca-Cola Company as an ICC Global Partner as we enter a landmark eight-year partnership, which unites one of the world’s leading brands with the second largest sport in the world. This long-term collaboration usher in a new commercial era filled with exciting prospects for the sport.

Coforge in August. SoftBank and Tiger Global sold blocks in Zomato, Paytm, Delhivery, and PolicyBazaar, as the focus turned on venture capital firms returning capital to their fund investors or limited partners. Open market exits by PE/VC firms have been the highest since 2017, according to Vivek Soni, partner and national leader, private equity services, EY.

life insurance policy and term plans, this post is for you. Here, we will present the key differences between permanent and term life policies. So, let's learn the details from the points below.

By Brendan Pierson

The unique combination of investment in mutual funds, debt market, and life insurance coverage has always attracted investors to different unit-linked insurance plans (ULIPs). These plans also help in investing for long-term goals like buying a house, retirement, or children's higher education. Additionally, the waiver of premium (WOP) feature enables ULIPs to fulfil long-term investment goals even in case of unfortunate incidents like the untimely demise of the policyholder.

fiscal deficit is likely to breach the government’s target of 5.9% in FY24 owing to higher revenue expenditure and lower than budgeted nominal GDP, ratings agency India Ratings and Research said Tuesday. It noted that although higher tax and non-tax revenue collections may offset the shortfall in divestment earnings, a likely second supplementary demand for grants will upset fiscal calculations, pushing the deficit to 6% of GDP. “Higher-than-budgeted revenue expenditure triggered through the first and likely second supplementary demand for grants in combination with lower-than-budgeted nominal GDP will push the fiscal deficit to 6.0% of GDP, 10bp higher than budgeted 5.9%,” said Ind-Ra researchers. The government recently brought in one supplementary demand for grant of Rs 58,380 crore to cover higher spending on fertiliser subsidy and Mahatma Gandhi National Rural Employment Guarantee Programme. “Through the first supplementary demand the union government will spend more on prioritised areas/sectors such as food, fertiliser and LPG subsidy and National Rural Employment Guarantee Scheme,” Ind-Ra said. The government is expected to spend Rs 57,360 crore on fertiliser subsidy compared with Rs 44,000 crore budgeted earlier.

Gulmarg during peak months of winter. Snowfall and other adventure activities including skiing, snow skating, snow cycling, and the Khelo India event, organized by the Jammu and Kashmir Sports Council, youth sports and services, and the Department of Tourism increase tourists' attraction towards Gulmarg. Hoteliers have received guidelines from administrators regarding good arrangements including furnishing, proper electricity heating, arrangements, regular hot water supply, and quality food at their restaurants.

₹4999 plus taxes, catering perfectly to frequent travellers and high-spending individuals. As a welcome perk, enjoy ₹5000 worth of gift vouchers from prestigious brands like Taj Hotels, Michael Kors, and Tata Cliq. The card offers a competitive reward rate, granting 2 RPs per ₹100 spent on dining, international, and travel expenses, and 1 RP ₹100 elsewhere.

Dubai marina, almost 1,000 pieces of coral, trimmed a month ago, are being grown in four aquariums in a laboratory. A land-based laboratory in the Arabian Desert may seem like an unlikely spot for regenerating coral reefs. But, already, the corals are brighter than when they were cut in mid-November. «We can start to see the sign that the coral is starting to grow slowly from the top,» Ahmed Hamdy, a coral farm manager, said.

Cyclones are an unfortunate yet common occurrence in some parts, especially along coastal regions. These powerful storms can cause widespread destruction, including damage to personal vehicles and property. If your bike was damaged due to a recent cyclone, here is a comprehensive guide to filing an insurance claim.

small-cap segment going forward. Certainly, you have the ability to make a ton of money if you hit the (buy) button at the right time. Equally too, be prepared to lose money (and your hair).

Reverse mortgages are better suited for senior citizens who need a regular source of income, while Loan Against Property is a secured loan and can fund a wide range of requirements.

Union Minister Ashwini Vaishnaw has said that Prime Minister Narendra Modi will soon flag off the newly made Amrit Bharat train which features push-pull technology. Vaishnaw highlighted the innovative push-pull technology, which he claims significantly increase the speed of the trains as well as passenger comfort. «Amrit Bharat train has better acceleration due to push-pull technology. This means that the vehicle accelerates quickly and also stops quickly, thereby saving time wherever there are curves and bridges on the way.

Asset managers turned bullish on the yen from bearish for the first time since May on the growing view that the Bank of Japan will probably end its ultra-easy policy in 2024 while its major peers cut interest rates. The latest Commodity Futures Trading Commission data for the week through Dec.

markets to analyse a stock and its valuation trajectory. ET looks at the interpretation and accuracy of PE ratio and how investors can use PE ratio to assess a stock or company.

Nostradamus has left an indelible mark on our collective imagination. Because he wrote in cryptic poems or quatrains, his words possess the quality of being perpetually open to reinterpretation to align with historical occurrences. Evaluating his 'accuracy' becomes a notoriously challenging task due to this characteristic.

Mint explains: Terrestrial networks use on-ground telecom infrastructure to enable connectivity. However, on-ground network cannot cover every area. But a satellite network can, by beaming connectivity down to ground stations where ground networks aren’t present.

Railway Minister Ashwini Vaishnaw today inspected the first Amrit Bharat train, which features push-pull technology. The train is scheduled to be launched soon by Prime Minister Narendra Modi in Ayodhya. During his inspection, Vaishnaw highlighted the innovative push-pull technology, which he claims significantly increase the speed of the trains as well as passenger comfort.

NEW DELHI : The government is in the final stages of creating special purpose vehicles for the Pradhan Mantri Mega Integrated Textile Region and Apparel (PM MITRA) parks to boost the textile sector. All formalities to establish SPVs will conclude early next year, two officials aware of the development said.

farmers are cultivating climate resilient wheat varieties which has been sown in more than 60 per cent of the planted area of 30.86 million hectares so far, according to agriculture commissioner P K Singh. Wheat is the main rabi (winter) crop, sowing of which normally begins in November and harvesting is done from March-April. As per the agriculture ministry data, wheat sown area stood at 30.86 million hectares till December 22 of the ongoing rabi season, slightly lower than 31.44 million hectares in the year-ago period.

MV Chem Pluto, off the coast of India in Arabian Sea, Iran's foreign ministry rejected "worthless" Washington's accusations. "We declare these claims as completely rejected and worthless," said foreign ministry spokesman Nasser Kanani when asked about the US accusations.