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
liquid mirror telescope

Country's first liquid mirror telescope comes up in Uttarakhand

The first liquid mirror telescope in the country and the largest in Asia - commissioned atop Devasthal, a hill in Uttarakhand - will now keep a watch on the overhead sky to identify transient or variable objects such as supernovae, gravitational lenses, space debris, and asteroids. Jun 2, 2022