India's Injury Crisis Puts Gambhir Under Spotlight: "Coach, Captain Decided"

The Indian team is going through one of its worst injury crises in recent times. The likes of Jasprit Bumrah and B Sai Sudharsan were ruled out for the 2-match Test series against Sri Lanka, while there's no confirmation on the return of Washington Sundar for the second match. The BCCI Centre of Excellence (CoE) has also had to face heat for releasing unfit players for the national team, especially Bumrah. However, former India batter S Badrinath doesn't think the blame lies with the CoE and its head VVS Laxman.

For Badrinath, the majority of the blame should go to head coach Gautam Gambhir, captain Shubman Gill and selectors, whose eagerness to draft Bumrah and others into the team led to this situation.

"I don't know who made the decision. CoE will not make the selection, right? They will just say he is in this state and can play these matches and his body is in this state. But I think the captain, coach, and selectors are taking the decision. CoE only passes the information. They are not selectors," Badrinath said in a video on his YouTube channel.

Badrinath also didn't mince his words over the repeated injury issues involving Sundar. He said that fitness is not the all-rounder's forte, urging him to seriously work on himself if he intends to prolong his career and remain a consistent player for the national team.

"I don't have an immediate answer to the root cause of so many injuries. It is important to see what kind of injuries these are. At high-level professional sport, injuries are common. Sai Sudharsan got hit by a ball, with Bumrah, it is a chronic injury because of being overused and fitness is not Sundar's forte, he is injury-prone. His fitness needs a lot of work. Management and monitoring is very important. Injuries are bound to happen and you cannot control it," added Badrinath.

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IPO GMP Today: Dhoot Transmission Leads With 29% Listing Gain; Molbio, Milky Mist Trail

Dhoot Transmission IPO has emerged as the strongest listing-gain candidate among the three issues based on the latest grey market premium (GMP), with an implied listing gain of around 29%. Molbio Diagnostics and Milky Mist Dairy Food follows at around 16% each.

IPO	GMP	Implied Listing Gain
Dhoot Transmission	Rs 253	29.05%
Molbio Diagnostics	Rs 130	16.11%
Milky Mist Dairy Food	Rs 23	16.43%

While Molbio Diagnostics and Dhoot Transmission IPOs opened for subscription on Aug. 10, Milky Mist IPO was launched on Aug. 11.

As per the latest subscription data, Molbio Diagnostics IPO and Dhoot Transmission IPO were fully subscribed on Day 2. While Milky Mist Dairy was subscribed over 0.6 times

Molbio Diagnostics and Dhoot Transmission IPOs are scheduled to list on Monday, Aug. 17, while Milky Mist IPO will make its market debut tentatively on Aug. 18.

Investors are closely tracking subscription levels and grey market premium (GMP) trends for clues on potential listing performance.

Here's a closer look at the latest GMP and key IPO details for these issues.

ALSO READ: LEAP India vs Technocraft Ventures IPO GMP: Technocraft Signals 14% Listing Gain, LEAP India 8%

Molbio Diagnostics IPO GMP Today

Molbio Diagnostics IPO is currently commanding a GMP of Rs 130 on Aug. 11. The issue comes with an upper price band of Rs 807. Adding the GMP of Rs 127 to the upper price band of Rs 807 gives an implied listing price of Rs 937. This translates into an implied listing gain of 16.11% over the upper issue price.

Molbio Diagnostics IPO Subscription Status

The IPO has been subscribed 3.11 times on second day of bidding on Tuesday.

Molbio Diagnostics IPO Details

A book build issue of Rs 939.7 crore, this issue comprises a fresh issue worth Rs 200 crore and an offer-for-sale (OFS) of Rs 739.7 crore. It will close for subscription on Aug. 12, with share allotment process likely to be finalised on Aug. 13.

The issue price band is set at Rs 768-Rs 807 per share.

Each application lot consists of Rs 18 shares, requiring retail investors to at least bid for shares worth Rs 14,526 (based on upper price). Kotak Mahindra Capital Co.Ltd. is the book running lead manager and Kfin Technologies Ltd. is the registrar of the issue.

Molbio Diagnostics, founded in 2000, develops portable molecular diagnostics through its proprietary Truenat platform.

Dhoot Transmission IPO GMP Today

The company's latest IPO GMP stands at Rs 253 on Aug. 11. Adding the Rs 253 GMP to the upper price band of Rs 871 gives an implied listing price of Rs 1,124. This translates into an implied listing gain of 29.05% over the upper issue price.

Dhoot Transmission IPO Subscription Status

The IPO has been subscribed 3.94 times on second day of bidding on Tuesday.

Dhoot Transmission IPO Details

Dhoot Transmission IPO is a book-build issue of Rs 3,066.89 crore. The issue comprises a fresh issue of Rs 1,400 crore and an OFS component of Rs 1,666.89 crore

The share allotment process of the IPO will be finalised on Aug. 13. The issue price band has been set at Rs 829 to Rs 871 per share. The lot size for an application is 17 shares. The minimum amount of investment required by an individual investor (retail) is Rs 14,807 (based on upper price).

Axis Capital Ltd. is the book running lead manager and Kfin Technologies Ltd. is the registrar of the issue.

Founded in 1998, Dhoot Transmission is a leading electrical and electronics (E&E) company engaged in designing, engineering, manufacturing, and supplying wiring harnesses and electrical distribution systems.

Milky Mist IPO GMP Today

Milky Mist issue currently has a GMP of Rs 23. Its upper price band has been set at Rs 140, which means that its estimated listing price is Rs 163 (cap price + GMP). Milky Mist Dairy Food IPO opened for subscription today, Aug. 11, with the latest GMP indicating a potential 16.43% listing premium.

Milky Mist IPO Subscription Status

The IPO has been subscribed 0.79 times on first day of bidding on Tuesday.

Milky Mist IPO Details

The Rs 1,553 crore book-built issue comprises a fresh issue of Rs 1,428 crore and an OFS worth Rs 125 crore. The Milky Mist Dairy Food IPO has set its price band at Rs 133 to Rs 140 per share. The share allotment process will be finalised on Aug. 14.

Retail investors can bid for this issue by applying for at least one lot of Rs 107 shares. This means that they need Rs 14,980 (based on upper price) to participate in the IPO. JM Financial Ltd. is the book running lead manager and Kfin Technologies Ltd. is the registrar of the issue.

Note: GMP does not represent official data and is based on speculation.

Disclaimer: Investments in initial public offerings are subject to market risks. Please consult with financial advisors and read the red herring prospectus thoroughly before placing bids.

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Vishal On Why Vijay Succeeded In Politics Where Other Actors Failed

Vishal, known for his performances in films like Irumbu Thirai and Mark Antony, recently opened up about his experience of meeting Vijay after he took on the role of Tamil Nadu Chief Minister. 

“Vijay is the same when I met him recently. I didn't take a bouquet. I usually never buy bouquets. He's the same, only the posting has changed,” Vishal said in an interview with Honest Townhall. 

Vishal also shared his perspective on why Vijay's entry into politics gained momentum, unlike the political ventures of several other actors before him. Vishal said, "It's not just actors. Actors with mass appeal have tried this before. There are so many other examples we have left out who have been failures. Sivaji Ganesan started a party. Legendary filmmaker Bhagyaraj started a party. We have examples all over the industry. Amitabh Bachchan could have started a party. Mithun Chakraborty is so famous, he could have been the face of West Bengal." 

He added, “It's a calling. If someone has entrusted their faith in Vijay, it's not just because he is an actor turned politician. It's because they wanted a change, badly, literally very badly. And it is also a connectivity factor. He was different in the way he was talking. That is what maybe the first-time voters and everyone decided to go for the change, because there is nothing else they see."

Vishal pointed out a particular moment from Vijay's 2026 Tamil Nadu Assembly election campaign that he believes played a key role in strengthening the actor-turned-politician's position as a prime candidate. 

“His last-day speech before the closing of the campaign nailed it. He said, go tell your parents and your grandparents and every elder in your house, please tell them to vote for me once. That really created a massive impact. I've seen a judge come on record saying that he voted because his granddaughter told him to vote for TVK. There have been instances like that,” he recalled.

On the work front, Vishal is set to make his directorial debut in the upcoming film Magudam. It releases in theatres on August 14. 

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"Was Supposed To Be India Head Coach, Could Not Take Up" The Role: VVS Laxman

Former Indian batter and BCCI Centre of Excellence (CoE) head VVS Laxman revealed that he was offered the role of Team India head coach back in 2023, but could not take it up for personal reasons and decided to continue as the head of the CoE and contribute to its development as it got a new facility of its own in Bengaluru. Amid concerns over the recent spate of injuries, BCCI secretary Devajit Saikia met Laxman on Sunday to review the rehabilitation and injury-management programme at the facility. Saikia also attended the press conference along with Laxman, BCCI president Mithun Manhas and other senior officials.

Speaking during the presser, he said, "The reason why I extended (as the head of CoE): In 2023, I was supposed to become the head coach. Because of personal reasons, I was not able to take that up. I went and spoke to Jay (Shah) twice. He understood my reasons. Because of what Jay and the BCCI have given me, the freedom to execute my vision, it continues with Devajit and other office-bearers."

"I extended for two years, and I committed to the BCCI that here I am not taking up the head coach position, but I will make sure that I establish the CoE, I establish the structure, the processes and the protocols, before I move on," he added.

In September 2024, the BCCI's Centre of Excellence was inaugurated by then BCCI secretary Jay Shah, replacing the old facility operating at Bengaluru's M Chinnaswamy Stadium under the name of the National Cricket Academy.

Spanning over 40 acres, this facility is designed to become the epicentre for nurturing cricketing talent and advancing sports science in India. The Centre of Excellence features three grounds and 86 pitches, including both indoor and outdoor areas, showcasing its capacity to provide comprehensive training facilities.

In late 2021, Laxman took over from Rahul Dravid as the head of the CoE, with the latter becoming the Team India head coach. Laxman has been the head of the facility since then and, during his tenure, the CoE expanded into a full-fledged facility of its own.

(Except for the headline, this story has not been edited by NDTV staff and is published from a syndicated feed.)

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Pak Cricketers Return From Unsanctioned Zambia League, Face 2-Year PCB Ban

A group of former Pakistan cricketers have returned from Zambia after featuring in an unsanctioned Twenty20 league, where they reportedly failed to receive full payment and now face a two-year ban from the Pakistan Cricket Board (PCB). The players went to Lusaka in order to take part in the Asian Legends League, a tournament that was promoted last month and which included among its featured names former Pakistan captain Mohammad Hafeez, wicketkeeper-batter Kamran Akmal and all-rounder Sohail Tanvir. Although Ambati Rayudu from India was originally going to take part in the league, he withdrew from Zambia without playing after finding out that the tournament had not been sanctioned.

The Lusaka T20 League, which included teams like Asian Stars, Pakistan Panthers, Afghanistan and Sri Lanka, was set to start on August 2.

A source close to the players stated that Hafeez, Akmal, Tanvir and Zahid Mahmood had asked for information regarding the tournament after finding out that it had not been sanctioned by the Zambia Cricket Union (ZCU).

The source said that players such as Hafeez, Akmal, Tanvir and Zahid Mahmood inquired about the league and, after finding out that it had not been sanctioned by the Zambia Cricket Union (ZCU), and that the ZCU had issued a statement making it clear that the league received no sanction, approval or endorsement, some players, including India's Ambati Rayudu, decided to leave without taking part.

It is reported that several international players and their support staff were left stranded in Lusaka as they attempted to sort out their unpaid travel arrangements, and this has also resulted in demands for "a joint investigation involving multiple cricket boards".

Imran Nazir, Taufeeq Umar, Yasir Shah, Hasan Raza, Rahat Ali, Mohammad Irfan, Yasir Butt, Ibrar Hussain and Rana Anwar were among the former Pakistan players who took part in some matches.

The tournament was suddenly halted as a result of the ZCU's intervention. The report also stated that the organisers had not been able to finalise a broadcast deal.

After noticing that former Pakistan players had taken part in the Asian Legends League, the PCB announced a two-year ban, as it was discovered that the players had not secured the necessary No Objection Certificates (NOCs) from the board.

A player acknowledged that it had been a mistake to take part in the tournament and said that the group had been misled by agents.

The player told Telecom Asia Network, on the condition of anonymity, that he had been misled by agents who had told him the league was approved by the ZCU and that he would receive a good amount of money. However, he suffered embarrassment as the hotel would not let him check into a room because of non-payment and he then faced further difficulties at the airport.

The player stated that the cricketers had returned without receiving the financial rewards they had hoped for and were now facing a serious punishment.

"The situation is a blow for all the players since they had gone there in order to earn some good money, which they haven't obtained, but what they have received instead is a severe punishment from the Pakistan Cricket Board," the player said.

Sources state that the affected players intend to approach Mohsin Naqvi, the chairman of the PCB, and ask for clemency on the grounds that cricket is still their main source of income and that a two-year ban could have serious financial repercussions.

Akmal has also publicly supported his teammates and asked the PCB to review the punishment.

Akmal stated on social media that players from other countries such as India, Sri Lanka and Afghanistan took part in the event and have not been banned, and that the PCB should reconsider this penalty since the players' livelihoods depend on cricket.

The controversy comes at a time when the International Cricket Council (ICC) has expressed concern about the rapid increase in T20 franchise leagues worldwide. To supervise the development of T20 franchise cricket and ensure better coordination with the international cricket schedule, the ICC established a special Franchise Leagues Committee at its annual conference.

Tamim Iqbal, the former Bangladesh captain, has been named chairman of the committee.

(Except for the headline, this story has not been edited by NDTV staff and is published from a syndicated feed.)

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Cupid Q1 Results: Profit Nearly Triples As Margin Widens; Revenue Up 2.6x

Cupid Ltd. reported a sharp jump in its June-quarter earnings, with consolidated net profit surging nearly 200% year-on-year as stronger operating margin and a more than 2.6-fold increase in revenue boosted profitability.

The company's consolidated net profit rose to Rs 44.1 crore in the quarter ended June, compared with Rs 15 crore in the corresponding period last year, according to an exchange filing on Friday.

Revenue from operations surged to Rs 154.7 crore from Rs 59.8 crore, reflecting robust business momentum and strong execution during the quarter.

ALSO READ: Titan Q1 Results: Profit Soars 63% To Beat Estimates; Revenue Tops Rs 21,300 Crore

Operating performance improved even faster than revenue. Earnings before interest, tax, depreciation and amortisation climbed to Rs 60.1 crore, up from Rs 16.5 crore a year ago. The Ebitda margin expanded to 38.8% from 27.5%, indicating better operating leverage and an improved product mix.

Cupid's June-quarter performance comes amid sustained demand across its business segments, with revenue increasing more than 2.5 times from the year-ago period. The pace of earnings growth exceeded revenue expansion, reflecting the benefits of scale and stronger margins.

Investors will closely watch the company's management commentary on order inflows, export demand, capacity utilisation and growth outlook for the rest of the financial year to assess whether the strong momentum can be sustained in the coming quarters.

ALSO READ: Q1 Results Live Updates: Oil India Profit Surges 73%; Kaynes Tech Revenue Rises 41%

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Flipkart Freedom Sale: Samsung Galaxy S25 FE Deal Teased Ahead of Sale

Flipkart's Freedom Sale will kick off later this week. The Independence Day-themed special sale will offer exclusive early access to Flipkart Plus and VIP members and will have discounts on popular smartphones from leading brands. Samsung's Galaxy S25 FE is confirmed to be available at a discounted price during the sale. This Fan Edition smartphone runs on an Exynos 2400 processor and features a triple rear-camera setup headlined by a 50-megapixel primary sensor. The vanilla Galaxy S25 will also be discounted in the sale. 

Samsung Galaxy S25 FE Confirmed to Get Discount During Flipkart Freedom Sale

Flipkart's dedicated microsite for the Freedom Sale reveals that the Samsung Galaxy S25 FE will be available at Rs. 47,999 during the sale. Interested users can buy the handset with EMI offers starting at Rs. 8,333 per month. The discounted price tag includes both flat discounts and bank-based offers.

Photo Credit: Flipkart

 

The Galaxy S25 FE is currently listed on Flipkart for Rs. 54,999 for the 8GB RAM and 128GB storage variant. The 256GB and 512GB storage variants with the same amount of RAM were priced at Rs. 65,999 and Rs. 77,999, respectively. The handset was launched in India last year with a starting price tag of Rs. 59,999.

Similarly, during the Flipkart Freedom Sale, the Samsung Galaxy S25 is confirmed to be offered for a starting price of Rs. 57,999, instead of the actual price of Rs. 74,999. EMI offers start at Rs. 9,999.

The Flipkart Freedom Sale is set to begin on August 8, and the Plus and Flipkart Black members will get 24 hours' early access to the sale starting August 7. During the sale, buyers can avail of a 10 percent instant discount on payments made via SBI credit cards. Buyers will get no-cost EMI offers and exchange discounts during the sale. The end date of the sale is still under wraps.

The Galaxy S25 FE features a 6.7-inch AMOLED display with a 120Hz refresh rate and Corning Gorilla Glass Victus+ protection. It has an Armour Aluminium frame and offers an IP68-rated build. It runs on an Exynos 2400 processor and flaunts a triple rear-camera setup led by a 50-megapixel primary sensor. It has a 4,900 mAh battery with support for 45W wired and 15W wireless charging.

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