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July 06, 2025

Baseball cap craze in cricket-loving India

It’s been a great year for caps. Donald Trump loves them. The US president uses his red baseball cap as a billboard of sorts. His election campaign saw the Make America Great Again (MAGA) slogan on all caps, in all caps. Analysing his campaign look, anthropologist Stephen E Nash wrote in digital magazine Sapiens.com: “The Republican nominee for president, Donald Trump, is a self-proclaimed billionaire and (apparently) a successful businessman. Yet he claims to be a champion of the disenfranchised working class. How does he do that? One way is by donning a baseball cap.After capping a victory, Trump has refused to let go. In February, he handed out caps with the slogan “TRUMP WAS RIGHT ABOUT EVERYTHING” in the Oval Office. On April 30, Trump and erstwhile favourite Elon Musk bantere

July 06, 2025

Shubman Gill hits record-breaking ton

India captain Shubman Gill became the first batsman in Test history to make scores of 250 and 150 in the same match before Mohammed Siraj and Akash Deep again struck with the new ball as the tourists pressed for a series-levelling win at Edgbaston on Saturday.Gill followed his first-innings 267 in the second Test with another superb knock of 161 off just 162 balls.He eventually declared India's second innings on 427-6 after tea on the fourth day.That left England needing a mammoth 608 runs to go 2-0 up in this five-match series. No side in 148 years of Test cricket have made more to win in the fourth innings than the West Indies' 418 against Australia at St John's in 2003.England's corresponding record is the 378 they made against India at Edgbaston three years ago.But at Saturday's close

July 06, 2025

Private capex is on the rise: CII President

Confederation of Indian Industry (CII) President, Rajiv Memani, has countered prevailing market sentiment about private capital expenditure, asserting that while there's a perception of a slowdown, private capex is actually taking place across various industry sectors in the country."There's an atmosphere suggesting that private capex is not happening, but actually capex is happening," Memstated, citing data showing consistent private investment over the past three years.The CII President pointed to robust corporate fundamentals as evidence of ongoing investment activity. "If you look at listed companies and attend their AGMs, you'll find that CII members are looking to increase capex. Everyone has strong balance sheets, low debt, and the ability to raise funds from public markets," he exp

July 06, 2025

Allied Engineering Works files IPO papers; seeks to raise Rs 400 cr via fresh issue

Smart energy meter manufacturer Allied Engineering Works has filed preliminary papers with the markets regulator Sebi to garner funds through an initial public offering (IPO). The proposed IPO is a combination of fresh issuance of shares worth Rs 400 crore, and an offer-for-sale of 75 lakh shares by promoter Ashutosh Goel, according to the draft red herring prospectus (DRHP) filed on Saturday. Proceeds from the fresh issue will be used for part financing the capital expenditure required to set up manufacturing facilities. This includes Rs 116.75 crore for the production of smart gas meters, smart water meters, and IoT (Internet of Things) solutions at the Kundli facility, and Rs 99.71 crore for the production of smart electricity meters at the Rai facility. Additionally, Rs 120 crore will

July 06, 2025

Shubman Gill’s quiet rise to the top

There’s one major point of difference between two of India’s greatest match-winners in Tests. They played at almost the same time, in a wide variety of conditions, had long careers, both came back from career-threatening injuries that needed surgery, and led India … did it all, basically. Anil Kumble was told very early on that he simply should not bowl. That his action was illegal, that he was too fast through the air, too tall to flight the ball, turned it too little to be a genuine spinner. At every step of the way, he had to prove to his peers and those who picked teams and coached them that he belonged. The only language Kumble knew was success. By taking wickets and winning games, he carved out his place in the cricketing ecosystem, in the Indian scheme of things and eventually

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