BCCI expecting to breach $1 bn mark from selling home media rights

The Indian cricket board is expecting to breach the USD 1 billion (INR 8200 crore approx) mark in its cumulative earnings from selling the separate TV and digital rights for India’s 88 home games during the five-year period till March 2028. The highlight of this new cycle will be 21 home games against… Continue reading BCCI expecting to breach $1 bn mark from selling home media rights

Market trading sideways as altcoins under selling pressure

The cryptocurrency market traded sideways in the last week as investors await clarity on regulations in the US. Several altcoins, including XRP and Dogecoin, saw profit booking but major tokens like Bitcoin and Ethereum remained flat. According to CoinMarketCap, Bitcoin on Friday was trading at $29,146, down nearly 0.5 per cent in the… Continue reading Market trading sideways as altcoins under selling pressure

India may restrict e-commerce websites from selling private labels

Illustration: Binay Sinha The e-commerce companies may be restricted from selling the private labels produced by companies where they have “significant interest” or which are related parties under the new e-commerce rules, The Times of India (TOI) reported on Friday. The rules and the new policy have been finalised and are expected to… Continue reading India may restrict e-commerce websites from selling private labels

Adidas gets $437 mn from selling Yeezy shoes, will benefit anti-hate groups

Adidas sales should fall only slightly in 2023, a better outcome than previously expected, the sportswear giant said on Thursday, confirming strong demand for its remaining Yeezy shoes would help narrow a projected full-year loss. Adidas shares have gained 40 per cent  since the start of the year as investors bet on CEO… Continue reading Adidas gets $437 mn from selling Yeezy shoes, will benefit anti-hate groups

Tomato prices spike on tight supply, Mother Dairy selling at Rs 259/kg

Tomato prices have again hit the roof in the national capital with Mother Dairy selling the key kitchen staple at a whopping Rs 259 per kg on Wednesday via its Safal retail stores. Tomato prices have been under pressure for more than a month now on account of supply disruptions caused due to… Continue reading Tomato prices spike on tight supply, Mother Dairy selling at Rs 259/kg

Commentary: Pharmacies selling fentanyl-laced pills are deadly tourist traps in Mexico

A warning appeared on Tripadvisor on May 25, 2020: “Cabo pharmacies selling fentanyl laced pills.” The person posting under the moniker Spreadingfacts wrote, “My brother passed away last year after buying pills at a pharmacy in Cabo.” Over several posts, the writer said their brother died after buying what he thought were Oxycontin pills. When… Continue reading Commentary: Pharmacies selling fentanyl-laced pills are deadly tourist traps in Mexico