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More IPL teams may bat for stake sale

Mumbai: The sharp re-rating of Indian Premier League (IPL) franchise valuations following recent transactions in Royal Challengers Bengaluru (RCB) and Rajasthan Royals (RR) is expected to prompt some team owners to explore stake dilution, even as near-term upside at current levels appears limited.Industry executives and analysts said the latest deals have pegged franchise valuations in the $1.6-1.8 billion range, marking a sharp jump from the roughly $900 million benchmark seen in earlier transactions such as Torrent Group's acquisition of a majority stake in Gujarat Titans.This repricing is likely to strengthen the IPL's positioning as a global sports asset class while also nudging existing owners to evaluate partial monetisation opportunities.According to people familiar with the situation, there are early indications that a couple of franchise owners could be informally assessing options around their holdings, potentially influenced by internal shareholder dynamics in one in...
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India retains headline inflation target at 4%

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Stock market: The risk no one is talking about

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Trump ultimatum to Iran fades as off-ramp emerges

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BoB system error inflates EMIs

KOLKATA: A system error at Bank of Baroda may have led some of its home-loan customers to stump up more than what they were due to pay in scheduled monthly repayments in March, multiple people aware of the problem told ET. The public sector bank, its spokesperson said, has taken remedial steps.The bank, said multiple people ET spoke with, charged a higher interest rate by mistake, leading to the deduction of an amount exceeding the scheduled equated monthly instalment (EMI). Alternatively, the bank charged less interest in some cases than it ought to have, its spokesperson said.Several borrowers were also allegedly marked delinquent when there was insufficient balance in their accounts against the higher liabilities, causing panic. To add to their woes, private recovery agents have started chasing them as overdue amounts automatically trigger an alarm. These borrowers have also seen their credit score drop, raising their distress level.A bank spokesperson said that corrective measures ...
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WB: First supplementary electoral roll ready

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Whey protein sachets boost mass market reach

Mumbai: Once sold in bulky tubs mostly to bodybuilders, whey protein is now showing up in sachets and single scoop packs as marketers emulate the playbook of everyday fast-moving consumer goods (FMCG) to drive penetration, affordability and on-the-go consumption amid rising demand."Everyone is becoming more aware of how short on protein they are," said Tarun Arora, chief executive officer of Zydus Wellness. This is pushing protein from a discretionary purchase toward a lifestyle staple.However, high costs, driven by expensive raw materials and supply chains, have historically kept the category out of reach for many, with kilogram packs often priced above ₹2,000. Hence the small packs, which are cheaper to try and easier to carry. 129738045 "Sachets should be a growth mechanism, not a margin lever. It is about lowering friction, not lowering price," Arora said.Companies such as Truebasics, MuscleBlaze, Wellbeing Nutrition and Optimum Nutrition now offer sachet bundle...
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