Search Results for: revenue target

IPL 2022

IPL teams commanding higher valuations than global football counterparts

Revenue CAGRs of Manchester United (MANU), Juventus and Borussia Dortmund have been at 1.1 per cent, 4.7 per cent and 4.0 per cent, in the past seven years, with a TTM price-to-sales of 2.4x, 1.7x and 1.1x, respectively. Conversely, IPL teams' revenue CAGR has been more than 10 per cent in the past seven years, commanding a much higher valuation than football counterparts, mainly due to higher revenue growth and stellar viewership. Jun 4, 2022
Elon Musk

Elon Musk plans 10% staff cut at Tesla, freezes hiring

Elon Musk is reportedly planning to axe 10 per cent of Tesla staff, along with freezing hiring amid stalled Twitter deal, global macroeconomic conditions like chip shortage, rising inflation and high interest rates. Jun 4, 2022
Netflix

Netflix saw 3.6 mn service cancellations in US in Q1

As Netflix admitted that it is fast losing paid subscribers, data analytics provider Antenna has revealed that the subscription platform actually saw 3.6 million cancellations in the US, its most matured market, in the first quarter (Q1) this year. May 23, 2022
Palanivel Thiaga Rajan

TN FM hints no tax cut on petrol, diesel

Tamil Nadu's DMK government headed by Chief Minister M.K. Stalin may not reduce its taxes on petrol and diesel in line with the reduction in excise duty announced by the Central government as one goes by the state Finance Minister Palanivel Thiaga Rajan's statement. May 22, 2022
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