Fire

Fire breaks out at "Russian Cultural Centre" in Chennai

Tamil Nadu fire force personnel doused a fire that broke out at the Russian Cultural Centre, Chennai due to a short circuit. While it was a minor fire that broke out at the centre, the swift action of the firemen prevented any damage and casualties in the accident. Jun 6, 2022
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