Cricket Financial News

Sourav Ganguly has been appointed as the Director of Cricket for JSW Sports. In this new role, Ganguly will oversee all cricketing operations for JSW Sports, including the Delhi Capitals men's IPL and women's WPL teams, as well as the Pretoria Capitals team in South Africa's SA20 League. Ganguly’s association with JSW Sports has grown over the years, having first joined the Delhi Capitals as an advisor in 2019, where he worked alongside head coach Ricky Ponting. He later took on the role of Director of Cricket for the franchise. His long-standing relationship with JSW Sports founder Parth Jindal has been key to this appointment. Parth Jindal expressed his excitement, saying, “Dada has always had a special place at JSW Sports. For us, he is family first and then the cricketing icon that he is. He has one of the sharpest minds in cricket, and we are thrilled to have him lead all our cricketing ventures.”

William O’Rourke, a six-foot-four pacer from New Zealand, has quickly risen to prominence in international cricket. At 23, O’Rourke holds the record for the most wickets taken by a debutant for New Zealand in Test cricket. In the first Test match against India in Bengaluru, O’Rourke dismissed three key Indian batsmen: Virat Kohli, Yashasvi Jaiswal, and KL Rahul.

New Zealand fast bowler Tim Southee clean-bowled India captain Rohit Sharma, star Virat Kohli was out for a duck as were three other Indian batters and the troubled home side was 34-6 at lunch on the second day of the rain-affected opening cricket test Thursday. Sharma, who won the toss and decided to bat, was out for 2 in the seventh over and Kohli, caught by Glenn Phillips off the bowling of William O'Rourke — who took 3-13 — was out two overs later without adding to India's then-total of nine runs. Sarfaraz Khan also left the field without scoring in the next over with India 10-3 and leaving Sharma possibly questioning his decision to bat first. In between the toss and the start of play, the skies darkened and lights had to be turned on before play could begin at M. Chinnaswamy Stadium.

Digital Fashion Ventures Ltd, a wholly owned subsidiary of Aditya Birla Fashion and Retail Ltd, has invested Rs 75 crore in Wrogn, the men's wear brand backed by Accel and cricketer Virat Kohli. “ABDFVL, a wholly owned subsidiary of the company, has infused Rs 75 crore of the final remaining portion of the stated primary investments into Wrogn, thereby increasing its shareholding in Wrogn, from existing 17.10% to 32.84% on a fully diluted basis,” the firm said in a stock exchange filing. On June 19, ET reported that TMRW House of Brands, an ecommerce rollup venture owned by Aditya Birla Group Venture, had invested Rs 125 crore in Wrogn.

Subscribe to enjoy similar stories. Growing up, I believed ‘Cadbury’ was just another word for chocolate, and I wasn’t the only one. Milk chocolate was first imported into India by the British and it’s now a daily habit for one in five Indians, according to a 2019 report by Mintel.

Reserve Bank of India Deputy Governor Swaminathan J has likened central banks to wicketkeepers in cricket or goalkeepers in football who often go unnoticed in successes but are always in the spotlight during failures. In his address at the RBI@90 High Level Conference on 'Central banking at Cross Roads' on Monday said over the years, the role of central banks has significantly evolved. Initially seen as the lender of last resort, today, central banks are equipped with a broad range of tools — regulatory, supervisory, and monetary — to ensure the stability of the financial system. The financial sector, he said, is the backbone of the economy, enabling efficient allocation of resources, managing risks through various instruments, and ensuring smooth payments and settlements. It performs crucial functions that support investments and drives economic growth.

BCCI has decided to scrap the contentious Impact Player rule for the upcoming Syed Mushtaq Ali T20 Trophy. The Impact Player concept was introduced in SMAT couple of years ago and was later extended to the Indian Premier League. «Kindly note that the BCCI has decided to do away with the provision of the 'Impact Player' for the ongoing season,» the BCCI informed the state associations on Monday. The BCCI's decision to do away with the Impact Player comes shortly after it decided to retain the rule in the IPL till 2027. With record 250 plus total seen in the IPL this year, the Impact Player experiment was questioned by many including India skipper Rohit Sharma.

Joe Root scored an unbeaten half-century to overtake Alastair Cook as England's leading run-scorer in test cricket and guide the team to 232-2 at lunch on the third day of their opening match against Pakistan on Wednesday. Root began the day on 32 not out, needing a further 39 runs to eclipse Cook's tally of 12,472, and the former captain eased to his target with an on-drive for four off Aamer Jamal before soaking up loud applause from the travelling English fans. England were trailing by 324 runs when the session ended, with Root batting on 72 and Ben Duckett on 80 not out.

Subscribe to enjoy similar stories. Mumbai: The International Masters League (IML), a new T20 cricket tournament featuring legendary players from six nations, is set to begin on 17 November. Icons like Sachin Tendulkar, Brian Lara, and Kumar Sangakkara will lead teams in this nostalgia-fuelled competition, which aims to blend cricketing heritage with the fast-paced excitement of the T20 format.

Subscribe to enjoy similar stories. Bengaluru: Dilip Tirkey remembers the evening of 13 January 2005 like it was yesterday. Tirkey, then India’s hockey captain, created history at the Gachibowli Stadium in Hyderabad.

Mohammed Azharuddin Tuesday appeared before the Enforcement Directorate (ED) in a money laundering case linked to alleged financial irregularities in the Hyderabad Cricket Association, official sources said.

Jayasuriya was appointed Sri Lanka cricket head coach on Monday, replacing Chris Silverwood who quit following the country's early exit from the T20 World Cup. Jayasuriya, 55, had been in interim charge since June and on Monday was appointed full-time coach until March 2026 after recent successes, which included a Test match win in England and a home 2-0 Test series sweep against New Zealand. «The Executive Committee of Sri Lanka Cricket made this decision, taking into consideration the team's good performances in the recent tours against India, England, and New Zealand,» Sri Lanka's cricket board said in a statement.

India Women registered their first win in the ongoing ICC Women's Word Cup on Sunday after beating arch-rival Pakistan by wickets six and seven balls to spare at the Dubai International Cricket Stadium in the United Arab Emirates. Chasing 106 to win, opener Shafali Verma led the charge with a steady 32, while Jemimah Rodrigues scored 23 runs. Captain Harmanpreet Kaur handled a mini-collapse where India lost two wickets in as many balls when the score was at 80. The skipper remained unbeaten on 29, but was retired hurt with just two runs needed to win. Kaur injured her neck after she lost balance attempting to hit the winning runs. Earlier, the bowlers did a great job to restrict Pakistan to 105/8 in 20 overs. Pacer Arundhati Reddy spearheaded India's bowling with 3/19, earning her the Player of the Match award. Off-spinner Shreyanka Patil did not allow the batters to settle and registered figures of 2/12 in four over, including a maiden. Renuka Singh Thakur, Deepti Sharma, and Asha Sobhana picked up a wicket each. For Pakistan, Nida Dar scored a 34-ball 28 after being reduced to 41/4 inside 10 overs. Captain Fatima Sana and Syeda Shah played little cameos to help their team cross the 100-run mark.

Top Gear crash, Freddie Flintoff will host the return of Bullseye. Flintoff will also be hosting the Christmas special. With the announcement that the former cricket player and Top Gear presenter will be leading ITV's brand-new Bullseye reboot, Freddie Flintoff is poised for a huge TV comeback. Anticipated to return in 2024, one of the nation's most cherished game shows will feature Flintoff in the presenting chair for a Christmas special. The television program with a darts theme debuted on ITV in the 1980s and was resurrected in 2006 with Dave Spikey as the host.

Babar Azam on late Tuesday announced the decision to resign from the captaincy post of Pakistan men's cricket team, saying he wanted to focus on his playing role in future matches. «I am sharing some news with you today. I have decided to resign as captain of the Pakistan men's cricket team, effective as of my notification to the PCB and Team Management last month. It's been an honour to lead this team, but it's time for me to step down and focus on my playing role,» said Azam in a post on X. The skipper said, «Captaincy has been a rewarding experience.» «But it's added a significant workload. I want to prioritize my performance, enjoy my batting, and spend quality time with my family, which brings me joy. By stepping down, I will gain clarity moving forward and focus more energy on my game and personal growth. I'm grateful for your unwavering support and belief in me. Your enthusiasm has meant the world to me. I'm proud of what we've achieved together and excited to continue contributing to the team as a player. Thank you for your love and support,» said Azam.

India vs Bangladesh Live Score Updates, 2nd Test Day 5: Rohit Sharma's India are heading for an upset victory in Kanpur after almost three days of play were washed out by rain. The Men in Blue batted aggressively on day three, declaring on 285-9 in just 34 overs, a lead of 52 runs.In their second innings, Bangladesh lost 2 wickets on the evening of Day 4 and failed to regain their momentum on Day 5 as Indian spinners Ravichandran Ashwin and Ravindra Jadeja laid a trap for them.

GMR Group has signed a definitive agreement to acquire UK's Hampshire Sport & Leisure Holdings Ltd (HSLHL), owner of Hampshire Cricket and Utilita Bowl stadium, in a landmark deal that marks the first instance of a county cricket team being acquired by an overseas company. Financial details of the transaction were not disclosed. People close to the matter pegged the total deal value at £43 million (Rs 483 crore). Initially, GMR will buy a 53% stake along with performance-linked incentives. The balance 47% will be acquired over a two-year period. The people said the acquisition is unlike other deals in the space as it also includes associated infrastructure in the form of Utilita Bowl, featuring a cricket stadium, hotel complex, and golf course.

Hampshire is set to become the first English county cricket club to be owned by an overseas franchise after entering into a “phased acquisition” with the part-owner of Indian Premier League team Delhi Capitals

Indian Premier League Governing Council (IPL GC) has increased the total salary cap for the 2025 season by 33% year-on-year to ₹146 crore, up from ₹110 crore in the 2024 season. The salary cap will rise further to ₹151 crore and ₹157 crore for the 2026 and 2027 IPL seasons, respectively. The total salary cap now includes the auction purse, incremental performance pay, and match fees. For the 2024 season, the total salary cup did not include match fees, which has just been introduced. The auction purse for the franchises has been set at ₹120 crore for IPL 2025. These decisions were made at an IPL Governing Council meeting held in Bengaluru on Saturday, where the Player Regulations for 2025-2027 were finalised. The IPL GC's decision followed a constructive dialogue with the owners of the 10 franchises in July at the Board of Control for Cricket in India (BCCI) headquarters.

Duleep Trophy is set to return to its traditional zonal from next year after the state units gave a thumbs down to the four-team concept introduced this season. The red-ball event featured four teams — India A, India B, India C, India D. India A beat India C to win the competition earlier this month. Usually, six teams from as many zones — central, east, west, north, south and north east — take part in the tournament, providing more opportunities to the players from their respective zones. «The state units felt the format used this season did not give a fair representation to the players from their respective zones. The traditional zonal format gives players more opportunities zone wise and that is what was conveyed in the AGM today,» a state unit official told PTI after the BCCI AGM in Bengaluru.

Kanpur Test: The India-Bangladesh test match in Kanpur has greatly disappointed cricket fans due to rain interruptions. On Day 1, only 35 overs could be bowled, and Day 2 saw no play at all because of the inclement weather. A wet outfield due to overnight rain has delayed the start of play on day three. The umpires will inspect the conditions at 10:00am. According to Accuweather, the forecast for the third day (Sunday) is also unfavourable. Kanpur is expected to remain cloudy, with a 61 per cent chance of rain accompanied by scattered thunderstorms. The heaviest showers are expected between 10:30 am and 12:30 pm, the forecast said.