IPL bids: a variety of strokes across teams
Mint Mumbai|November 30, 2024
Some went for marquee names, others focused on value investments—every franchise had its own algorithm
Sumit Chakraberty
IPL bids: a variety of strokes across teams

The Indian Premier League (IPL) triennial auction in Jeddah, Saudi Arabia, on 24-25 November had as much game strategy as you see on the cricket field. When the dust settled, 10 teams emerged with strengths as well as weaknesses, setting up a well-contested IPL 2025. Here's a look at each franchise's algorithm for winning.

AMBANI PLAYS JACKS
After a barren four years and finishing last in IPL 2024, Mumbai Indians (MI) wanted to strengthen the bowling around Jasprit Bumrah. They brought back Kiwi left-arm swinger Trent Boult, who was in their 2020 winning side. But what excited fans was the acquisition of 18-year-old Afghan spinner Allah Ghazanfar for ₹4.8 crore.

MI's batting coup was English top-order striker Will Jacks, who hit a 41-ball century for Royal Challengers Bangalore (RCB) earlier this year. How much that meant became apparent when a beaming MI owner, Akash Ambani, shook hands with RCB CEO Prathmesh Mishra. RCB did not exercise the right-to-match (RTM) option, allowing MI to get Jacks for ₹15.25 crore. Earlier, MI did not use the RTM for late-order hitter Tim David, who went to RCB for ₹3 crore.

PONTING'S HUGE GAMBLE
The new Punjab Kings (PBKS) coach, Ricky Ponting, who parted ways with Delhi Capitals (DC), had the biggest purse for the auction, after retaining only two uncapped players. It was widely expected he would use it to get his DC mate, Rishabh Pant. Instead, he outbid DC to buy another skipper he had groomed, Shreyas Iyer, for a whopping ₹26.75 crore. Iyer was in demand after leading Kolkata Knight Riders (KKR) to the 2024 title. Perhaps Ponting sees him as a captain who can execute his strategy better than Pant.

Diese Geschichte stammt aus der November 30, 2024-Ausgabe von Mint Mumbai.

Starten Sie Ihre 7-tägige kostenlose Testversion von Magzter GOLD, um auf Tausende kuratierte Premium-Storys sowie über 8.000 Zeitschriften und Zeitungen zuzugreifen.

Diese Geschichte stammt aus der November 30, 2024-Ausgabe von Mint Mumbai.

Starten Sie Ihre 7-tägige kostenlose Testversion von Magzter GOLD, um auf Tausende kuratierte Premium-Storys sowie über 8.000 Zeitschriften und Zeitungen zuzugreifen.

WEITERE ARTIKEL AUS MINT MUMBAIAlle anzeigen
GDP growth falters in Q2, hopes pinned on 2nd half
Mint Mumbai

GDP growth falters in Q2, hopes pinned on 2nd half

GDP growth of 5.4% was the lowest in nearly two years, lower than estimates

time-read
3 Minuten  |
November 30, 2024
Aster DM merges with Quality Care in $5-billion deal
Mint Mumbai

Aster DM merges with Quality Care in $5-billion deal

Bengaluru-based Aster DM Healthcare on Friday announced a merger with Blackstone-backed Quality Care India Ltd (QCIL) in a deal that will value the combined entity at $5.08 billion (₹43,000 crore).

time-read
2 Minuten  |
November 30, 2024
AIFs, equities pip realty in family office funding
Mint Mumbai

AIFs, equities pip realty in family office funding

What's Ahead for Family Offices?

time-read
2 Minuten  |
November 30, 2024
Defence contracts emerge as key biz for telecom infra makers
Mint Mumbai

Defence contracts emerge as key biz for telecom infra makers

India's push for local manufacturing has prised open a new business frontier for domestic telecom equipment manufacturers.

time-read
2 Minuten  |
November 30, 2024
HUL turns to high-growth segments to lift demand
Mint Mumbai

HUL turns to high-growth segments to lift demand

Premium is the watchword for packaged consumer goods major Hindustan Unilever Ltd (HUL), as it unveiled a new strategy on Friday to ride on an expected rise in household income and increasing consumer preference for more expensive brands and products.

time-read
2 Minuten  |
November 30, 2024
Russia's war economy shows new cracks after ruble plunges
Mint Mumbai

Russia's war economy shows new cracks after ruble plunges

The Russian economy, surprisingly resilient through two-plus years of war and sanctions, has suddenly begun to show serious strains.

time-read
4 Minuten  |
November 30, 2024
Colgate making right moves, but valuation a concern
Mint Mumbai

Colgate making right moves, but valuation a concern

Colgate Palmolive (India) Ltd has had a good run in recent quarters and continues to make efforts to boost growth.

time-read
2 Minuten  |
November 30, 2024
Kalyani family's wealth war takes a fresh turn
Mint Mumbai

Kalyani family's wealth war takes a fresh turn

Gaurishankar Kalyani has filed papers to back his claim that HUF exists

time-read
2 Minuten  |
November 30, 2024
Mint Mumbai

Zomato raises ₹8,500 crore via QIP

A big part of the proceeds is to be used to expand Zomato's quick commerce arm Blinkit

time-read
1 min  |
November 30, 2024
Fintech startup Klub halves workforce
Mint Mumbai

Fintech startup Klub halves workforce

Bengaluru-based financing startup Klub laid off about 60-70 employees in September and paused its commerce operations, according to multiple people aware of the developments.

time-read
1 min  |
November 30, 2024