From the electrifying victory of the Indian cricket team in the recent T20 series to the rising star power of young badminton sensations, India's sporting landscape is ablaze with action! This week alone saw record-breaking performances in the Pro Kabaddi League, showcasing the nation's unwavering passion for indigenous sports. The upcoming Asian Games are generating immense anticipation, with athletes across disciplines sharpening their skills and aiming for glory on the international stage. We delve into the crucial role of sports sponsorships in nurturing talent and boosting India's sporting infrastructure. Furthermore, debates rage on about the future of cricket's dominance in India's sporting ecosystem, with other sports like hockey and football vying for increased attention and investment. Stay updated on all the latest scores, match analyses, and exclusive interviews with your favorite athletes. Explore the dynamic world of Indian sports—from the bustling stadiums to the quiet dedication of rising stars—right here. Discover the stories that shape the nation’s sporting spirit and witness the unfolding drama of the sporting year.
New Delhi: The Indian cricket team may not have received the trophy for winning the Asia Cup last month, but hosting the tournament will add net surplus revenue of over Rs 100 crore to the Indian cricket board's (BCCI) coffers. According to BCCI's annual budget for 2025-26, a copy of which is in possession of TOI, the board expects to retain a net surplus of around Rs 6700 crore for the financial year 2025-2026 even as it stares at a rocky future with the IPL valuation seeing a slump for the second year in succession. "(There is an expected) increase in surplus from international tours by Rs.109.04 crore due to Asia Cup hosting fees, rights fees income and ICC T20 World Cup participation fees. (There is expected) increase in surplus of media rights by Rs.138.64 crore due to higher number of international home matches, increase in per match media rights fees & Asia Cup hosting income," the document says. The Asia Cup was embroiled in controversy due to the terror attack in Pahalgam in April this year. The tournament was moved to the UAE after the government declared its policy to play Pakistan in multi-nation sporting events only. The tournament eventually ended with Asian Cricket Council president Mohsin Naqvi -- who is also the chief of the Pakistan Cricket Board and Pakistan's interior minister -- refusing to hand over the trophy to winners India after the Indian team declined to receive it from him.Surplus grows 10 times in 8 yrs, but challenge awaits with dropping IPL valuation BCCI's expected surplus for this financial year will be 10 times more than the actual surplus in 2017-18 before the mega IPL media rights deal in 2018 where the board's surplus grew by 222 percent. BCCI is expected to net a surplus of around Rs 6700 crore compared to Rs 666 crore it netted in 2017-18. However, the board could well be looking at an unstable future with the valuation of the IPL dropping significantly since the merger of media rivals Jio and Star last year. According to a D&P Advisory report, IPL's valuation has declined by Rs 16000 crore in the last two years. The ban on real money online gaming apps, which used to bring a significant bulk of sponsorship money, has also played a role. The board's growth could see a slowdown in the next cycle of media rights, which will be up in 2028. It must be noted that the board has managed to reduce its dependency on the IPL since 2018-19 through better media rights deals and revenue share from the ICC. In 2018-19, BCCI generated only five percent of its surplus while the IPL contributed 95 percent to its surplus close to Rs 2100 crore. The IPL is consistently netting a surplus, this time nearly Rs 5000 crore out of BCCI's surplus of Rs 6700 crore. The document takes into account 'media rights fees per match going up by approx 27% as compared to the previous year'. The document states: "For 2025-26, the allocation ratio is 20% to BCCI, 76% to IPL and 4% to WPL, whereas in the budget for 2024-25, this ratio was 24% to BCCI, 72% to IPL and 4% to WPL based on budgets."Spending on women's domestic cricket 3.5x less than men's In its expenses, the BCCI cleared a budget of Rs 96 crore for women's domestic tournaments, which is just 26 percent of the surplus generated through the Women's Premier League alone. This is not taking the media rights fees from international matches into account. Compared to women's cricket, the BCCI intends to spend Rs 344 crore on men's domestic cricket across age groups. The expenditure on the Ranji Trophy alone is Rs 111 crore. Women's cricket doesn't have a structured inter-state First-Class tournament like the Ranji Trophy. The BCCI has scheduled an inter-zonal multi-day format tournament. The rest of all women's tournaments across age groups are played in one-day and T20 formats. Notably, the WPL has been generating a surplus of over Rs 350 crore. Last year, the WPL netted a surplus of Rs 390 crore while the board projected a surplus of Rs 358 crore for 2025-26.3.5x increase in India A, junior programmes BCCI has increased the expenditure on developmental programmes like India A and junior cricket by nearly three and a half times. According to the budget, the board plans to spend Rs 42 crore this financial year as compared to Rs 12.9 crore last year. BCCI has recognised that there has been a sharp decline in these developmental programmes after Rahul Dravid was elevated to become India's head coach in 2021 from being in charge of the National Cricket Academy and developmental sides. Before the Covid-19 pandemic in 2020, BCCI organised frequent A and youth tours which helped build a solid resource pool. TOI understands that the current head of the NCA, VVS Laxman, and chief selector Ajit Agarkar have focused on this aspect and revived the A tours this year.GRS slashed by Rs 231 crore, Test cricket incentive added The board has reduced the gross revenue share (GRS) to Rs 171 crore from last year's Rs 412 crore. A sum of Rs 48 crore was disbursed in the last financial year as a Test match incentive for players who play all the Test matches scheduled in a year. Rs 45 crore has been marked for 2025-26. Interestingly, BCCI's policy was to give 26 percent of GRS to cricketers. Thirteen percent of it went to international cricketers, while the remaining 13 percent was shared with domestic cricketers. It will be interesting to see if the board has changed its GRS policy.
The business reported a 45 per cent increase in net profit to Rs 775 crore on Tuesday for the July-September quarter over the same period last year due to higher revenues. Siemans India Shares zoomed more than 5 per cent on NSE (National Stock Exchange), after the company declared their quarterly earnings for July September quarter, which revealed their PAT (profit after tax) jumped 45 per cent. The siemens share price touched intraday high of Rs 7,622.95 per share on NSE (National Stock Exchange), after hitting the opening bell at Rs 7,499.00 which considerable surge of 3.5 per cent amounit ...Read More >
nion Minister of State for Labour and Employment Shobha Karandlaje cited statistics in the Lok Sabha on Monday to show that youth unemployment rates in India were lower than global levels. The minister cited a report by the International Labour Organisation's (ILO) Institute for Human Development (IHD) which states that the worldwide youth unemployment rate was 15.6 per cent in 2021. Further, as per World Employment and Social Outlook Trends, 2024 by ILO, globally, in 2023, the youth unemployment rate was 13.3 per cent. On the other hand, the latest annual Periodic Labour Force Survey (PLFS ...Read More >
The Cure SMA Foundation of India has praised the government’s recent efforts to address rare diseases, including Spinal Muscular Atrophy (SMA), with over Rs 900 crore allocated for treatment procurement. The foundation urges swift action to implement the procurement process within 45 days, following the Delhi High Court’s directive. SMA, a life-threatening genetic disease, has limited treatment access in India. While the drug Risdiplam has brought hope, collaborative efforts are needed to ensure wider availability. Experts stress the importance of a holistic approach to SMA care, citing Kerala ...Read More >
Small-cap Stock: Krystal Integrated Services Limited (Krystal) share price rose 5 per cent to ₹779.3 on Tuesday, November 26 after the company announced receiving a ₹106.3 crore contract from the Brihanmumbai Municipal Corporation (BMC). The contract, valued at ₹1,062.99 million ( ₹106.3 crore), covers three years and involves providing comprehensive attendant manpower services to BMC's Education and Security Departments. This initiative is aimed at improving public sector operational efficiency in Mumbai. Small-cap stock Krystal Integrated Services share was trading in the green, up 3.07 pe ...Read More >
While Trent Boult was signed for Rs 12.50 crore, the Mumbai-based franchise spent an amount of Rs 9.25 crore to land Deepak Chahar. Mumbai Indians' have assembled a lethal pace attack at the two-day IPL 2025 auction held in Jeddah (Saudi Arabia). The five-time IPL champions had already retained their star pacer Jasprit Bumrah ahead of the auction. At the mega auction, MI decided to acquire the services of two other quality fast bowlers - Trent Boult and Deepak Chahar. While Boult was signed for Rs 12.50 crore, the Mumbai-based franchise spent Rs 9.25 crore to land Chahar. Reacting to the po ...Read More >
Brendon Kleynhans is a maths teacher at South African College School, one of the country's most prestigious alma maters. It luxuriates in the leafiness all around the most genteel part of Cape Town, with Newlands a mere long boundary away. If that brings to your mind's eye a slight, chinless, reticent, bespectacled individual sporting a combover, a pocket protector and - dread word - slacks who declines to step out of the safety of suburbia, you need that eye tested. "During camps it's half-pace," Kleynhans told Cricbuzz in the Kingsmead nets on Tuesday as the South Africans completed their ...Read More >
Vijayawada: Andhra Pradesh Chief Minister N. Chandrababu Naidu on Tuesday instructed officials to formulate proposals for constructing an iconic Deep-Technology building in the capital city of Amaravati. "I had built Hi-Tech City structure in Hyderabad to promote information technology. Now, it is time to embrace Deep-Tech and Artificial Intelligence to take advantage of the opportunities arising out of the latest technology," he underlined while reviewing the New IT Policy at the state secretariat. The Chief Minister announced that the state government will provide Rs 25 lakh as seed fundin ...Read More >
Srinagar, Nov 27 (UNI) Jammu and Kashmir's Road Transport Corporation (RTC), a crucial backbone of public transportation, has raised serious concerns over the barring of its buses from entering Srinagar city limits. The move has triggered alarm within the Corporation, with officials cautioning about significant disruptions to public transport services and daily commutes, alongside substantial financial losses for the RTC. The restriction, in effect since November 4 when the maiden session of the Assembly commenced, is causing a daily revenue loss of Rs. 4 lakh to the Corporation. In a lette ...Read More >
The Indian government launched the Rs. 1,435 crore PAN 2.0 project. Announced by Information and Broadcasting Minister Ashwini Vaishnaw, the project aims to establish the PAN number as a common business identifier across all government digital systems. PAN 2.0 Project Launch The Rs. 1,435 crore PAN 2.0 the project aims to establish the PAN number as a common business identifier across all government digital systems. CCEA Approval The Cabinet Committee on Economic Affairs (CCEA) approved the project under the Income Tax Department. As per Information and Broadcasting Minister Ashwini Vaish ...Read More >
Australia lost the first Test by 295 runsAustralia faced their first Test defeat in PerthAustralia are looking to make a comeback in Adelaide Australia retained their 13-member squad for their second Test against India, confirmed selector and coach Andrew McDonald. On Monday, the Aussies lost the Perth Test by 295 runs to go 0-1 down in the five-match series against India. It was also the first time Australia lost at the Optus Stadium after winning four matches on the trot since 2018. McDonald, however, showed faith in their squad to make a turnaround in the Pink-Ball Test, starting December ...Read More >
Mumbai Indians (MI) made strategic moves in the IPL 2025 mega-auction, securing New Zealand pacer Trent Boult for ₹12.50 crore. MI owner Akash Ambani praised Boult’s invaluable skill in swinging the new ball, acknowledging the team’s struggles when he wasn’t playing for them in recent years. The franchise also acquired England’s Reece Topley for ₹75 lakh and New Zealand spinner Mitchell Santner for ₹2 crore. MI further strengthened their spin department by signing young Afghan talent Allah Ghazanfar for ₹4.80 crore, who has impressed with his performances in international cricket. ...Read More >
Parth Jindal penned an emotional farewell note for Rishabh Pant who played nine years for the Delhi Capitals. After nine years with the Delhi franchise, Rishabh Pant will play for the Lucknow Super Giants in the upcoming IPL season. Delhi Capitals' co-owner Parth Jindal on Tuesday (November 26) lamented Rishabh Pant's departure from the franchise and hoped to reunite in the foreseeable future. Capitals had released their captain Pant ahead of the IPL mega auction where he drew a record bid of Rs 27 crore from LSG. DC even tried to get their captain back on day one of the auction but could no ...Read More >
Mumbai, November 26: The final allotment for the NTPC Green Energy IPO has been confirmed, and investors can now check their status through bank debit messages or online platforms such as the BSE, NSE, and Kfin Technologies. The shares of NTPC Green Energy, which opened for subscription on November 19 and closed on November 22, are set to be listed on the stock exchanges on Wednesday, November 27, 2024. The public offering received strong investor interest, with the issue oversubscribed by 2.42 times, according to the National Stock Exchange (NSE). Analysts maintain a positive long-term outlo ...Read More >
Vaibhav Suryavanshi, a 13-year-old cricket prodigy, becomes the youngest player signed for IPL, bought by Rajasthan Royals for Rs 1.10 crore. His achievement has sparked pride in his hometown, with family replaying a vital role in his journey. Vaibhav marks a new era for young talent in cricket. In a groundbreaking moment for Indian cricket, 13-year-old Vaibhav Suryavanshi has made history by becoming the youngest player ever signed by the Indian Premier League (IPL). Acquired by the Rajasthan Royals for a staggering Rs 1.10 crore during the IPL 2025 auction, Vaibhav's remarkable achievement ...Read More >
NEW ZEALAND: A pair of former cricket legends Martin Crowe and Graham Thorpe will be honoured as New Zealand and England announced that future Test matches between the two sides will be played for the Crowe-Thorpe Trophy, according to ICC. The trophy will pay tribute to New Zealand legend Martin Crowe and England great Graham Thorpe, with the winner of all future series between the two countries to be awarded the trophy. Crowe made 17 Test centuries at an average of 45.36 across a 14-year international career last century, while Thorpe almost mirrored those stats with 16 Test hundreds with a ...Read More >
Bigg Boss 18: Shilpa Shirodkar is termed 'biggest backstabber' after Vivian Dsena... Deepak Kalal fights with passenger in flight? Know the truth behind viral video Delhi court fixes Nov 28 for hearing former CM Arvind Kejriwal's plea over sanction copy in... Where will the Champions Trophy 2025 be played? ICC to take final call on THIS date Amid divorce rumours with Aishwarya Rai, Abhishek Bachchan recalls telling Amitabh Bachchan he made 'big mistake' by... Deepinder Goyal's Zomato opens Rs 8500 crore QIP share sale, sets floor price at Rs... Delhi Capitals co-owner pens emotional fare ...Read More >
TARC Limited announced today that it has sold 50 per cent of its TARC ISHVA residential project, valued at ₹1,350 crore, just two months after its launch in September 2024. The luxury residential development on Golf Course Extension Road in Gurugram's Sector 63A spans 1.35 million square feet and offers four-side open residences with Aravali Hills views. The shares of TARC Limited were trading at ₹212 up by ₹6.29 or 3.06 per cent on the NSE today at 11.57 am. Amar Sarin, Managing Director & CEO, highlighted the project's success, attributing it to the company's customer-centric strategy and ...Read More >
The Supreme Court on Monday stayed further recovery of an outstanding tax demand from news portal NewsClick, directing the company's banker not to release any more money to the tax department based on a 2023 notice, and allowing the portal to use its two bank accounts for daily operations. The order was passed by a bench headed by justice BV Nagarathna on an application moved by PPK Newsclick Studio Limited, which alleged that ICICI Bank was not allowing the company to use its accounts despite a top court order to this effect passed on August 9. The tax department had raised the demand again ...Read More >
India’s star batter Virat Kohli, ahead of the Border-Gavaskar Trophy 2024-25, reflected on his memorable century on Perth’s challenging pitch during the 2018/19 series, calling it his best knock in Australia. However, Kohli faces immense pressure this series, struggling with form after scoring just 488 runs in 2024 at an average of 20.33. Once a dominant force in Test cricket, his performance has dipped since 2020, raising questions about his place in the team. With the five-Test series kicking off in Perth on November 22, Kohli aims to rediscover his magic on Australian soil and silence his c ...Read More >
Severe air pollution in northern India has led to a surge in demand for respiratory medications, with Foracort becoming India’s top-selling drug in October. The inhaler, used to treat asthma and COPD, recorded Rs 75 crore in sales, surpassing popular medicines like Augmentin and Glycomet-GP. Manufactured by Cipla, Foracort combines budesonide and formoterol for effective dual-action therapy. Other respiratory drugs, Duolin and Budecort, also saw increased sales. With Delhi’s Air Quality Index reaching hazardous levels, the rise in respiratory issues underscores the urgent need for better healt ...Read More >
Infosys has announced an average 85% performance bonus for eligible employees in Q2 FY25, reflecting its strong financial performance. The bonus, paid to mid- and junior-level staff, will be credited with the November salaries, with individual payouts varying based on performance. This follows Infosys' impressive 4.7% rise in Q2 net profit and a revenue increase of 5.1%, leading to an upward revision of its FY25 revenue guidance. The bonus payout surpasses the previous quarter's 80%, with Infosys outpacing rivals like TCS. Employees are also awaiting salary hikes, with revisions expected from ...Read More >
SynopsisOn the technical charts, the RSI of the stock stood at 49.49.Shares of Bajaj Holdings & Investment Ltd. traded 1.41 per cent at Rs 10447.00 at 01:30PM (IST) on Tuesday, even as BSE benchmark Sensex 227.01 points to 79882.84. The stock had closed at Rs 10596.80 in the previous session. The stock quoted a 52-week high price of Rs 11348.50 and 52-week low of Rs 7212.00, respectively. As per BSE data, total traded volume on the counter till 01:30PM (IST) stood at 638 shares with a turnover of Rs 0.68 crore. At the prevailing price, shares of the company traded at 15.71 times its trailing ...Read More >
During Tuesday's trading session, the shares of a global leader in glass-lined equipment surged nearly 3 percent to Rs. 1,247.5 on BSE, after a foreign portfolio investor (FPI) bought shares worth a total of around Rs. 167.4 crores in the company via a bulk deal. With a market capitalisation of Rs. 5,524 crores, at 02:19 p.m., the shares of GMM Pfaudler Limited were trading in the green at Rs. 1,228.7, up by nearly 1.4 percent, as compared to its previous closing price of Rs. 1,211.3. As per the latest block deal available with the NSE, foreign portfolio investor Amansa Holdings Private Limi ...Read More >
New Zealand's veteran fast bowler, Tim Southee, has announced his retirement from Test cricket. The 35-year-old cricketer will play his last match on home soil in Hamilton next month, which will be the third and final Test of England's tour of New Zealand. Meanwhile, the pacer has enjoyed operating against the Brits in whites. Here we decode his Test numbers against England. As per ESPNcricinfo, Southee has claimed 72 wickets across 19 Tests against the English side at a higher average of 34.81. The tally includes four fifers and a match 10-wicket haul. Richard Hadlee (97) is the only Kiwi bo ...Read More >
New Delhi: The IPL 2025 mega auction has concluded, with all teams finalizing their squads of at least 18 players. As is often the case, the RCB management finds itself under scrutiny for its player selections. Retaining only three players -- Virat Kohli, Rajat Patidar, and Yash Dayal -- RCB entered the auction with three RTM (Right to Match) cards but opted to use just one, securing Swapnil Singh. Former Indian cricketer Mohammad Kaif expressed his thoughts on RCB's decision to let Will Jacks go to Mumbai Indians for ₹5.25 crore in the IPL 2025 auction. Kaif termed it a "massive miss" for RC ...Read More >
New Delhi, November 26: Prime Minister Narendra Modi on Tuesday said that the government at the Centre has strengthened the spirit of the Constitution over the last 10 years. Addressing the Constitution Day celebrations at the Supreme Court, PM Modi highlighted that in the last 10 years, more than 53 crore bank accounts were opened, more than 4 crore pukka houses were given and more than 10 crore free gas connections were given. "In the last 5-6 years, by providing tap water facilities in more than 12 crore houses, the government made the lives of citizens easy, particularly of women," he sai ...Read More >
CHENNAI: Singles, Doubles, and the Team Championship - the 18-year-old Chennai girl, the daughter of an auto driver from Kasimedu, left nothing for competitors from around the world at the sixth edition of the Carrom World Cup held in the US which Team India swept. The Women's Singles final was a hard-fought contest, where the 18-year-old M Khazima kept her nerves to defeat 12-time national and multiple World Cup winner Rashmi Kumari from Bihar. With this victory, Khazima became the youngest Carrom World Champion. Khazima, whose father Mehaboob Basha is an auto driver from Kasimedu, had been ...Read More >
HYDERABAD, India, Nov. 26, 2024 /PRNewswire/ -- IBSAT 2024, the proctored online aptitude test conducted by The ICFAI Foundation for Higher Education, is MBA aspirants' gateway to premier MBA, PGPM offered at nine ICFAI Business School (IBS) campuses. With applications closing in the third week of December, this is the perfect time for the candidates to secure their future with IBS and explore its Rs. 10 crore scholarship program. IBSAT is designed to reduce the stress on aspirants unlike CAT, XAT as the test does not have negative markings or sectional time limits, allowing candidates to foc ...Read More >
Delhi Capitals made a strong impression at the IPL 2025 Mega Auction, assembling a well-balanced squad for the upcoming season. Key signings included former South Africa captain Faf du Plessis (Rs 2 crore), India pacer Mukesh Kumar (Rs 8 crore - RTM), and Sri Lankan bowler Dushmantha Chameera (Rs 75 lakh). The team also secured uncapped talents like Donovan Ferreira and Ajay Mandal. Co-owner Parth Jindal hailed the squad as “balanced,” while head coach Hemang Badani expressed confidence in their Indian core. Delhi Capitals’ full squad now includes big names like KL Rahul, Mitchell Starc, and T ...Read More >
The IPL 2025 mega auction, held on November 24-25 in Jeddah, saw a record-breaking total of Rs 639.15 crore spent by 10 teams on acquiring 182 players. Among the 577 players up for grabs, 13 Australians were sold, with pacer Josh Hazlewood fetching the highest bid at Rs. 12.50 crore from Royal Challengers Bangalore. Other notable signings included Mitchell Starc (Rs. 11.75 crore, Delhi Capitals), Marcus Stoinis (Rs. 11 crore, Punjab Kings), and Mitchell Marsh (Rs. 3.4 crore, Lucknow Super Giants). Punjab Kings made a significant splash, purchasing five Australian players, including Glenn Maxwe ...Read More >