Cricket Financial News

cricket team batter Jemimah Rodrigues expressed her excitement about representing the country at the Los Angeles 2028 Olympics. Cricket is brought to the marquee event for the first time since 1900 and the decision to bring it back came last year. A two-day match took place between teams from Great Britain and France. Great Britain won the match by 158 runs. Cricket will return to the Olympic programme at LA 2028 after 128 years in the T20 format. In a post on Instagram, Jemimah wrote, «Loved wearing the current Indian Olympic jersey. Can't wait to play cricket for India at the Olympics soon! Man, what a feeling that'd be.»

England and Wales Cricket Board, there were heavy rumors around Thorpe's sudden death. On August 5, the shocking announcement of Thorpe's death, was quite unprecedented, as he was only 55 years of age. Tributes for the cricketing icon poured in from all across the world for his family and loved ones, but the concern around the reason of his death was under the shadows for some time.

Amanda Thorpe, the wife of former England cricketer Graham Thorpe, has revealed that her husband ended his life after a prolonged struggle with depression and anxiety. The 55-year-old’s mental health issues worsened due to declining physical health over the past two years. His death on August 5 was confirmed by the England and Wales Cricket Board.

Hardik Pandya and his now estranged wife Natasa Stankovic announced their separation, netizens have been curious as to what made one of the most popular couples in cricket call it quits. Both Natasa and Hardik have so far remained mum on the subject. However, Natasa, who has been sharing some rather cryptic posts long before, made their decision to separate public. One such post has made eagle-eyed netizens wonder if their marriage had some sinister undertones. Natasa was noticed liking posts related to cheating and emotional abuse, as well as a few posts about toxic relationships. This has sparked speculation about the potential cause of their breakup.

Britannia, JioCinema are flocking to advertise with them. Ace Shooter Manu Bhaker’s Instagram following has skyrocketed from 1,67,000 a week back to 1.3 million now. Indian Hockey team captain and top scorer in Paris 2024 Olympics Harmanpreet Singh, is among the top trending names whose followers have reached 3,00,000 from low-double digits. Boxer Vinesh Phogat’s socials are also touching upto a million. No wonder, brands both big and small are queuing up to associate with them. Visa, the official global sponsor of the Paris 2024 Olympics, chose badminton star PV Sindhu (3.8million) and javelin lion Neeraj Chopra (9 million) as its brand ambassadors in India.

Bangladesh will travel to Pakistan ahead of schedule to hold practice sessions in Lahore before their two-test bilateral series, the Pakistan Cricket Board (PCB) said late on Saturday. Ongoing political turmoil in Bangladesh has disrupted the team's training, local media reported. Prime minister Sheikh Hasina fled the country following weeks of protests, with an interim government led by Muhammad Yunus taking charge. The Bangladesh Cricket Board did not immediately reply to a request for comment on reports practice session has been disrupted by the unrest.

sports teams in India saw an up to threefold surge in earnings in 2023-24, with cricket dominating the table, according to the latest filings of their owners such as Reliance Industries, United Spirits, Tata Steel and RPSG Ventures. These companies, which run the sports teams as business ventures through subsidiaries, benefited from a larger central revenue pool of the Board of Control for Cricket in India (BCCI), showed the filings. The revenue pool mainly comprises money earned by the BCCI from selling the broadcasting rights and a portion of it is shared among the Indian Premier League (IPL) teams. For instance, the total income of Reliance Industries' wholly owned subsidiary Indiawin Sports, which owns the Mumbai Indians cricket team, more than doubled to ₹737 crore in 2023-24 from ₹359 crore in the previous fiscal. The company's net profit was ₹110 crore, compared to a net loss of ₹49 crore in 2022-23. The central rights accounted for three-fourths of the revenue in 2023-24, while nearly 22% came from ticketing sales, said the annual report of Reliance Industries.

cricket captain Sourav Ganguly recalled that former West Bengal Chief Minister Buddhadeb Bhattacharjee, who died on Thursday morning, was crazy for the game and always kept himself updated about the performance of players. On arrival from Mumbai at the N S C Bose International Airport here on Friday, the Indian cricket icon told reporters that not only contemporary cricketers, Bhattacharjee loved to discuss former cricket stalwarts like Pankaj Roy, his captaincy and batting during chats. «Buddha babu was a cricket crazy person. He used to talk to me before and after cricket matches and discuss our performance. He had so much grasp over the game and its rules. He was well-versed in the history of the cricket of Bengal and the country. We will miss such a person,» Ganguly said. He said Bhattacharjee also loved to discuss films and books and it was a pleasure meeting him always.

Mint’s Founder Diaries podcast, Jain, the chief executive of Dream11, details the realities of his startup journey—from failure, rejection, and relentless pivoting, to building a category-defining business valued at more than $8 billion. From navigating the complexities of investor pitches to adapting to regulatory changes, Dream11’s growth holds invaluable lessons for entrepreneurs. Jain emphasises the importance of building a strong team and culture, understanding the market, and the critical role of financial literacy in entrepreneurial success.

wrestler Vinesh Phogat after she was found to be overweight ahead of her 50kg category Olympic final, legendary cricketer Sunil Gavaskar said here on Wednesday. Vinesh was disqualified from taking part in the final for being overweight by 100 grams. Gavaskar said that the Indian Olympic Association (IOA) as well as the Indian government must do everything possible to address this. «I think it's (the) most unfortunate. I also think it's (the) most unfair. I do hope that the authorities will take notice of it, take a strong response to this because this is not just the initial round,» he told reporters on the sidelines of the Spartan racing event here.

revenue collection from BCCI during 2022-23 and 2023-24 fiscal years was Rs 2,038.55 crore, Parliament was informed on Tuesday. Minister of State for Finance Pankaj Chaudhary said BCCI, which is the apex body for the promotion of cricket in India, is an autonomous body registered under the Tamil Nadu Societies Registration Act, 1975. «Services by way of admission to sporting events like Indian Premier League attract GST @ 28 per cent. During Financial Years 2022-23 and 2023-24, Gross GST revenue collection from BCCI was Rs 2,038.55 crore,» Chaudhary said in a written reply in the Rajya Sabha. He said the Income Tax department has denied tax exemption to BCCI under Section 11 of the I-T Act, and the matter is now sub judice. Section 11 of the I-T Act deals with charitable institutions.

Vinod Kambli was reportedly seen in a disoriented state, requiring assistance from passersby to maintain his balance. A video circulating on social media shows Kambli struggling to walk, with bystanders helping him reach his destination. However, ET could not verify the video's authenticity, time and place of the video.

Dinesh Karthik was on Monday appointed the league ambassador of the SA20 League. Karthik, who is the first Indian player to be associated with the South African tournament, retired from all forms of cricket earlier this year. «The league has been electric in the first two seasons with some of the world's best players on show and exciting young talent putting up their hands on the global stage,» Karthik was quoted as saying in a media release. «Karthik will be working very closely with fellow SA20 ambassador AB de Villiers and the management team to help strengthen the league's global fan base and reinforce brand awareness across key strategic markets in India and the United Kingdom,» the release added.

Byju Raveendran has filed a caveat before the Supreme Court against its US-based creditor Glas Trust Company LLC over the order passed by the insolvency appellate tribunal NCLAT. The caveat was filed before the apex court on August 3, a day after the National Company Law Appellate Tribunal (NCLAT) passed an order restoring the board of edtech major after setting aside insolvency proceedings against it. Glas Trust has opposed the Rs 158.9 crore dues settlement with the Board of Control for Cricket in India (BCCI) alleging the money paid by Riju Raveendran (brother of Byju Raveendran) was tainted and was a case of «round-tripping». Anticipating the US-based creditor would challenge the NCLAT order before the Supreme Court, Byju Raveendran had filed a caveat requesting to be heard before the apex court passes any order on a plea filed by the US-based creditors.

sports division and its employees will be absorbed into the India Premier League (IPL) franchise Chennai Super Kings Cricket Ltd (CSKCL), said people close to the development. UltraTech Cement is acquiring promoter N Srinivasan's stake in India Cements. The IPL team isn’t part of the acquisition. Srinivasan's daughter Rupa Gurunath, whole-time director of India Cements, will likely join the board of the IPL franchise. She has been directly involved in its management and will now spearhead expansion plans. India Cements has a strong sports tradition with cricket teams playing in the first division of the Tamil Nadu Cricket Association (TNCA) league, along with support staff. The chairman of CSKCL is R Srinivasan, the promoter’s cousin.

Viacom18 and Walt Disney-owned Star India are hopeful of completing their merger by October, when the Competition Commission of India (CCI) is also expected to issue its order, officials familiar with the matter told ET. The National Company Law Tribunal (NCLT) has already put the merger scheme between Star and Viacom18 for final disposal. The merger, which was announced on February 28, is expected to receive the NCLT green signal as creditors and shareholders of both companies have approved it. «The biggest barrier to the merger proposal is the CCI approval. Once the competition watchdog approval comes, the merger deal will be more or less concluded. The expectation internally is that the CCI approval might come in October,» said one of the officials tracking the development.

Swapnil Kusale won a bronze in the men's 50m rifle 3 position shooting event, becoming the first Indian to win in this discipline.

IPL) owners meet, which was organised by the Board of Control for Cricket in India (BCCI), Delhi Capitals (DC) was against the impact player rule while Sunrisers Hyderabad was (SRH) in favour of seven retentions, according to ESPNcricinfo.

Parikh also spoke about the workplace and inculcating a culture of work-life balance so as to get the best from his team. He feels spending time with family, having hobbies, and doing things you enjoy helps in giving you 100 per cent when you are at work. He feels fortunate to be in the minority of top leaders who don’t feel stressed.“If your core team also has the same shared values and the same fundamentals as you, and a long term approach to things, then collaboration becomes fun.

Muttiah Muralitharan due to their striking resemblance.

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