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  • India’s short-form video business is projected to rise rapidly

    India’s short-form video business is projected to rise rapidly

    India’s booming short-form video market is just about getting started, with demand for engaging local content and uptake in smaller locations fuelling growth, Manohar Singh Charan, Chief Financial Officer of homegrown social media platforms ShareChat and Moj said.

    Differentiated services with regional relevance are driving sustained business momentum and yielding new opportunities for brands to connect with audiences, he added.

    In an interview with PTI, Charan said the company is on the brink of being EBITDA (earnings before interest, taxes, depreciation and amortisation) positive at a consolidated level. Mohalla Tech is the parent entity of the social media app ShareChat and the short video app Moj.

    He said hiring will be “cautious”, geared to selective and specialised roles as the company gets into the profitability zone.

    The Google-backed company is also looking to rope in a few more marquee investors before it goes for an IPO in a 24-month timeframe.

    Charan said the company, in FY24, made “great progress” on revenue and cost optimisation, with the top line growing at 33 per cent and losses down to one-third. The momentum continues in FY25.

    ShareChat, he said, has been profitable at the EBITDA level on a standalone basis for the last few months, and further losses – and at a consolidated level – are expected to be down to one-third once again in FY25.

    An IPO is still some time away – a 24-month timeframe is what the company estimates, as it goes about prioritising the path to profitability. The last round of capital raise was a debt round, but other than that, most rounds have been equity funding.

    “We are on the brink of profitability, and we are very well capitalised, all thanks to the round that we raised in 2024. So, per se, we don’t need capital to continue to extend our runway. As we start getting closer to the IPO, we will look to rope in a few more great investors. We already have a handful of really good investors on our cap table.

    “There would be cap table rationalisation. You will try and get in people who enter cap tables just before IPO and stay beyond IPO. So, at the right time, we would look to add a few more names before we go public,” he said.

    On the growth of short-form video and broad market trends, he said, India is “just getting started”.

    “We are on this upward trajectory today. Our internet penetration is more than 60 per cent of our population today. We have 650 million internet users with a 1.4 billion population,” he said, citing estimates that India’s internet user base would swell to one billion by 2030.

    “So, you’re looking at a further 50 per cent expansion in the sheer number of people connected on the internet. Indian audiences that are getting connected to the internet today are straight-away landing onto social media and landing onto short-form video as the predominant format of social media.”

    The Indian economy, among the fastest growing large economies globally, will fuel per capita incomes and given the rise of short videos as the predominant form of content consumption, it will likely also nudge brands into infusing more money into the social media economy, which is increasingly influencing purchase decisions.

    “As our economy continues to grow, we continue to be one of the fastest growing large economies, the discretionary income of the audiences that are on the internet is going to increase significantly.

    “Superimpose that with short videos becoming a predominant form of content consumption…in forming an opinion about things, in purchase decisions, relying on a regional language content…we would see that brands are going to start shifting their focus and efforts more and more on vernacular language platforms, and on micro-influencers to carry their brand stories to the length and breadth of the country,” Charan said.

    The brand engagement in the social media economy is going to increase multifold in coming years, he noted.

    “So, I would say we’re getting started, and we are very optimistic about what the future has to bring for us,” Charan added. PTI

  • JioStar set record ₹5,000 crore commercial aim for IPL 2025

    JioStar set record ₹5,000 crore commercial aim for IPL 2025

    With just over two weeks to go for the Indian Premier League (IPL) 2025, JioStar—the joint venture between Reliance Industries Ltd’s Viacom18 and The Walt Disney Co.—has secured 12 sponsors and is targeting ₹5,000 crore in advertising revenue from this edition, according to two people aware of the matter. However, industry experts are not sure if this target is achievable.

    JioStar executives remain bullish, citing strong advertiser demand, new audience targeting capabilities, and real-time measurement innovations.

    “We are seeing record demand for IPL this year,” said Ishan Chatterjee, chief business officer, sports revenue, SMB & creator at JioStar. “With the kind of reach and engagement IPL commands, brands are prioritising it as the marquee event in their marketing calendar.”

    Last year, IPL reached 525 million viewers on TV and 425 million on digital. With momentum from the India-England series and the ongoing ICC Champions Trophy, JioStar expects total viewership across platforms to cross 1 billion.

    Shashi Sinha, CEO of IPG Mediabrands, sees IPL 2025 as a strong opportunity for advertisers, especially as it aligns with the start of the financial year when brands have fresh marketing budgets. “IPL allows clients to plan budgets early, giving them flexibility. But it’s too soon to make firm revenue projections.”

    To be sure, JioStar had initially set a revenue goal of over ₹6,000 crore for IPL 2025 but later lowered it to ₹5,000 crore, the people quoted earlier said on the condition of anonymity.

    The combined TV and digital ad revenue of IPL hit a record of close to ₹4,000 crore in 2022, and stood at ₹3,600 crore in 2024, according to industry estimates.

    Big spenders and key categories
    JioStar has already locked in 12 sponsors, including Campa (Reliance Retail), My11Circle, Opus Paints, State Bank of India, Coca-Cola, Kent Fans, Amfi (Mutual Funds), Amul, Zupee, PhonePe, Jaquar Bath Fittings, and Asian Paints, the people said. More deals are expected to close in the coming weeks.

    While Chatterjee declined to confirm specific brands, the people quoted earlier indicate that Campa has signed a ₹200 crore deal, while My11Circle will announce its association today (Monday).

    “Summer is coming early, so categories like beverages, air conditioners, and fans are showing strong interest,” Chatterjee said. “We are also seeing aggressive spending from fintech players, BFSI brands, fantasy gaming platforms, and mobile handset manufacturers.”

    Premium ad targeting and innovation
    JioStar is betting on new ad innovations to attract brands and enhance audience targeting.

    “For the first time, advertisers can combine Connected TV (CTV), iOS, and high-end Android devices in their media plans,” Chatterjee said. “This allows brands to precisely target premium audiences.”

    The company is also expanding hyperlocal advertising, enabling businesses like real estate developers and auto dealerships to run campaigns targeted at specific geographic regions.

    To improve transparency in digital ad performance, JioStar has partnered with Nielsen for third-party, real-time campaign validation. A Neurons Inc. study found that IPL ads on JioHotstar generate significantly higher engagement than user-generated content platforms or on-demand OTT services.

    JioStar is also pushing for greater participation from small and medium businesses (SMBs). Through a 10-city roadshow, the company is educating local advertisers on IPL’s advertising potential and offering lower entry points to attract regional businesses.

    “We want to break the perception that IPL advertising is only for big-budget brands,” Chatterjee said. “With our new targeting solutions, even SMBs can advertise effectively with smaller budgets.”

    TV vs digital: Where is the ad money going?
    While television remains critical, digital advertising is growing faster, with Connected TV emerging as the most expensive and sought-after inventory.

    While declining on exact numbers, Chaterjee said that CTV is fastest growing. “I wouldn’t go into too much details about the exact numbers, but, CTV is a lean back experience. You have a number of different formats on CTV, lots of functionality that is unlocked. So CTV is, of course, our fastest growing consumption surface,” Chatterjee said.

    However, advertisers have raised concerns over JioStar’s shift from concurrent viewership reporting (previously on Hotstar) to a ‘views’ metric. The lack of standardization has led to confusion among brands.

    “Unlike when Hotstar reported concurrent viewership figures, the shift to ‘views’ has left advertisers unclear about actual audience size,” said a senior media agency executive. “This has become a key discussion point in negotiations, with brands pushing for more clarity.”

    Will paywall hurt viewership?
    Adding to these concerns is JioHotstar’s new paywall model for IPL streaming. Reports indicate that users will get four hours of free streaming per month, after which they must subscribe.

    Amid worries that it could impact IPL’s overall reach, Chatterjee said the company remains flexible in its approach.

    “We are very clear that we will meet our advertiser objectives. That is the number one priority,” he said. “We want users to experience a significant portion of content before reaching a paywall. While we’re still testing and haven’t set a fixed limit, free access will be generous—enough to watch an entire game. This ensures users get a meaningful experience while also aligning with advertiser goals.”

    He pointed out that despite the paywall, India-Pakistan match in the Champions Trophy recorded the highest-ever digital viewership for an India-Pakistan cricket match ever, suggesting that IPL will not suffer a decline in audience.

    Will IPL set a new ad revenue record?
    While sales momentum is ahead of last year at the same stage, high ad costs, concerns over digital measurement, and the potential impact of the paywall model remain key risks.

    JioStar is banking on premium ad innovations, strong demand across categories, and aggressive sales efforts to make IPL 2025 a record-breaking year for ad sales.

    “With 16 working days left before IPL 2025, we are very confident this will be the best IPL ever in terms of ad revenue,” Chatterjee said. LiveMint

  • Underutilization of XR’s data potential by businesses

    Underutilization of XR’s data potential by businesses

    Most companies leveraging Extended Reality (XR) do not tap into one of its most valuable assets—data. Despite having the tools to capture rich insights, businesses primarily use XR for engagement rather than as a data-driven resource to measure ROI, optimize performance, and enhance customer experiences. According to a new report from global technology intelligence firm ABI Research, organizations are not fully harnessing XR’s potential because they either lack awareness of its role as a valuable data source or do not understand its benefits in this capacity.

    “When discussing with companies how they measure their success rates, or with what data they approach customers to convince them XR is a business tool, most said that they use their own case studies as proof of success, or customer questionnaires to understand the usefulness of their product,” explains Matilda Beinat, Research Analyst at ABI Research. “With that in mind, approaching companies that offer modes for XR as a data source expressed similar findings – most companies do not gather biometric and usage-based data, and more importantly, they do not completely understand the benefits of tangible results to prove success rates.”

    While many companies are missing an important opportunity, innovators like Cognitive3D, InContext Solutions, and XRHealth are demonstrating the transformative potential of XR data. Cognitive3D’s platform captures detailed spatial analytics and user interactions within XR environments, providing businesses with unprecedented insight into user behavior and engagement. This data empowers data-driven decisions for ROI measurement, design optimization, and enhanced customer experiences. InContext Solutions leverages XR for real-time retail insights, allowing brands to test store layouts and product placements virtually before costly real-world implementations. XRHealth is revolutionizing healthcare by using XR data to personalize therapies and track patient progress, enabling clinicians to precisely measure recovery outcomes.

    These companies showcase the untapped power of XR as a data source, proving its ability to drive measurable success. By harnessing XR data effectively, organizations gain actionable insights for transforming operations and elevating customer engagement. This represents a significant opportunity for businesses across industries, and those who embrace XR data now stand to gain a considerable competitive advantage.

    “In the age of immersive experiences, data is the key to unlocking competitive advantage. With the way Artificial Intelligence (AI) is moving forward, and how it is being paired with XR, it is important to understand the benefits of data, how it should be used, and why it should be used,” says Beinat. “XR is often viewed as a platform for engagement, but it’s also a powerful source of information. Shifting our perspective to recognize this data potential is crucial for realizing its full value.” ABI Research

  • Telecom executives in Europe criticize Brussels for impeding consolidation

    Telecom executives in Europe criticize Brussels for impeding consolidation

    European telecommunications executives gathered at the continent’s biggest trade show railed against over-regulation, blaming Brussels for preventing consolidation in the industry that’s fallen behind peers in the US and Asia.

    “You know, what Europe needs is a DOGE,” Deutsche Telekom AG Chief Executive Officer Tim Höttges said Monday at the Mobile World Congress in Barcelona, referring to the Trump administration’s cost-cutting Department of Government Efficiency spearheaded by Elon Musk.

    Höttges’s frustrations about a stagnant European telecom industry hampered by low margins and high levels of competition were echoed by others on his panel, including Vodafone CEO Margherita Della Valle, Orange SA boss Christel Heydemann and Telefonica SA’s Marc Murtra.

    “In what has now become a global race, it is fair to say that Europe is not winning,” Della Valle said, adding that in “the 5G era, Europe is a laggard.”

    Many in the industry see consolidation as a cure. In several European markets, regulators have blocked or heavily modified planned mergers that would reduce the number of operators in a country from four to three in an effort to maintain affordable service.

    A report by former European Central Bank President Mario Draghi last year said the European Union should encourage more mergers in the sector. While Teresa Ribera, the bloc’s antitrust chief, has said she supports overhauling EU merger rules in general to boost competitiveness of local companies, the commission hasn’t yet pushed through any changes.

    Read More: Telefonica Eyes EU Consolidation After Meeting Expectations

    “We should just copy what the Americans are doing,” said Höttges, whose Deutsche Telekom gets most of its revenue and profit from a stake in US operator T-Mobile US Inc. “China has three operators, even India went to three operators and they are prospering.”

    The panel came at the end of a day when the leaders of companies including Telefonica, Emirates Telecommunications Group Company PJSC, Telenor ASA, and Bharti Airtel Ltd expressed frustration that their companies haven’t got sufficient financial rewards from building expensive telecommunications networks.

    Bharti Airtel chairman Sunil Bharti Mittal said the industry bears the burden of building digital infrastructure, but isn’t not getting enough back.

    “The return on capital? At 4% average,” Mittal said. “We may as well put the money in the bank and go and play some golf.” Bloomberg

  • Airtel calls on TRAI to control OTT platforms in order to stop spam.

    Airtel calls on TRAI to control OTT platforms in order to stop spam.

    Bharti Airtel vice-chairman and MD Gopal Vittal has urged the Telecom Regulatory Authority of India (TRAI ) to expand its regulatory oversight to over-the-top (OTT) communication platforms in order to significantly curb spam.

    In a recent letter to TRAI secretary Atul Kumar Chaudhary, Vittal has recommended three immediate steps to TRAI to address the issue of spams over OTT. First involves extending the digital consent acquisition (DCA) framework to OTT platforms. Second, mandating KYC framework for OTTs, and third is expanding the centralised blacklist system for spam detection to OTT platforms.

    “While regulatory efforts have significantly curbed spam and unsolicited commercial communication (UCC) over SMS and voice, bad actors are increasingly shifting their operations OTT communication platforms, where regulatory oversight remains limited,” Vittal said in the letter.

    His suggestions were in response to TRAI’s letter to Airtel, commending its role in the successful implementation of the SMS traceability framework, which the regulator had mandated telcos to do to avoid SMS frauds.

    The ability of fraudsters to bypass telecom regulations through these platforms creates new challenges, leaving consumers vulnerable to phishing, financial fraud, and other security threats, Vittal explained.

    Vittal’s suggestions come at a time when TRAI has amended the Telecom Commercial Communications Customer Preference Regulations (TCCCPR) 2018 and introduced easy spam reporting mechanism, new do not disturb app, penalties on telcos on non-compliance, and opt-out option from promotional messages, among key things.

    However, the TRAI regulations do not apply to OTTs as the same is currently out of its ambit, officials said.

    According to Vittal, the DCA framework will ensure that users can seamlessly manage their consent across both telecom and digital communication channels. The same helps consumers to control promotional communications.

    Just like telcos do a KYC for users, a similar verification framework for OTT platforms will help improve traceability, accountability, and consumer safety, Vittal said, adding that lack of blacklist system in OTT platforms allow repeat offenders to continue their activities unchecked.

    Airtel last year also introduced its AI driven anti-spam solution.

    “Our industry’s first anti-spam tool has brought significant relief. We have been able to alert 252 million unique customers and effectively combat the spam menace. Powered by our AI driven network, this identifies over 1 million unique spammers making more than 130 million calls a day.

    That’s roughly a trillion records that it’s processed on a daily basis,” Vittal said during an earnings call.

    Among other key things, Vittal has urged TRAI to create a unified consumer protection and compliance framework, which includes a robust authorisation/licensing framework for principal entities (PEs) and telemarketers (TMs).

    The same should also include strong penalties. “This (ensuring accountability of PEs and TMs, is especially imperative given that TSPs are merely the conduits while the PEs/TMs are actual content generators,” Vittal said.

    Airtel has also sought TRAI’s intervention in pitching for global standards against calling line identification (CLI) spoofing. Financial Express

  • Bharti Airtel’s partnership with Tata Play to expand home services

    Bharti Airtel’s partnership with Tata Play to expand home services

    Bharti Airtel, India’s second-largest telecom operator, has cemented its position as the industry’s most resilient player, outpacing rivals in subscriber additions, revenue growth, and profitability. But with its core wireless business maturing, the company is now eyeing a new growth frontier: home services.

    Airtel’s ongoing discussions to merge its DTH business with Tata Sons’ Tata Play signal a deeper push into broadband, pay-TV, and enterprise connectivity.

    Analysts see the move as a strategic pivot to monetize its 5G investments beyond mobile tariff hikes. However, with the pay-TV business in structural decline and execution risks looming, the success of this expansion remains a key question.

    Airtel egde and market sentiment
    Airtel’s December quarter results reinforced its industry lead.

    The company added nearly 5 million new subscribers, lifted its average revenue per user (ARPU) by 5%, and posted a 41% sequential surge in net adjusted profit to ₹5,500 crore.

    Yet, despite these strong numbers, Airtel’s stock remains 12% below its September peak, weighed down by broader investor caution.

    “It (the DTH merger plan) is a step in the right direction, which will improve Airtel’s functionality in the future. But relentless selling by foreign portfolio investors in large-cap (stocks) has overshadowed sentiment around this development,” said Piyush Pandey, telecom, internet, and IT analyst at Centrum Broking.

    The contrast with rivals is stark, though.

    Reliance Industries, Jio’s parent, has seen its stock slide 26% from its 52-week high, while Vodafone-Idea shares have plummeted 61%, reflecting the broader challenges in India’s telecom sector.

    The push into home services
    Airtel’s home services ambitions were a key focus in its latest earnings call. The company plans to ramp up investments in home broadband, data centres, and enterprise services—segments that offer higher margins and long-term potential.

    The Tata Play merger would give Airtel access to an additional 20 million premium households, allowing it to bundle services and extract better returns on its 5G investments, said Vivekanand Subbaraman, lead telecom analyst at Ambit Capital.

    “Over the past few years, the DTH industry has seen a steady fall in its subscriber base. The industry’s best strategy to counter this decline has been cross-selling other products like broadband,” Sumanta Khan, equity fund manager at Edelweiss Mutual Fund told Mint.

    However, the bigger question is whether the Tata Play deal will be an asset or a liability, given the shift toward streaming services.

    Flush with cash
    Unlike previous capex-heavy years, Airtel is now flush with cash.

    With its 5G-related spending peaking in FY24, the company is generating over ₹10,000 crore in quarterly free cash flow, according to a Nuvama Institutional Equities report.

    Airtel’s management expects 5G capital expenditure to decline further in FY26, leaving more cash available for new ventures.

    Still, 5G monetization remains a challenge beyond ARPU hikes. Airtel is betting on fixed wireless access, fibre-to-home, and private 5G networks as new revenue streams.

    “They will realise the tail end of the latest tariff hike in Q4. So, while sequentially earnings growth might slow down, albeit on a high base, on a yearly basis (from FY24 to FY25) their total income will swell,” noted Subbaraman.

    Additionally, a slew of cricketing events in the current quarter will drive higher data consumption and monetization opportunities, incrementally boosting profitability, Subbaraman noted. However, its gradual exit from the low-margin submarine cables business will weigh on revenue growth in the near term, he added.

    Airtel’s ability to sustain its industry lead will depend on how well it executes this strategic shift. The home services business offers a potential growth engine, but competitive pressures—especially from Jio’s aggressive broadband expansion—remain a key risk.

    For now, analysts remain optimistic.

    Airtel already bundles mobile, DTH, and broadband under Airtel Black as part of its premiumization strategy. If it successfully scales its home services business, it could drive stronger profitability and better returns on its 5G investments.

    Despite structural challenges in the telecom sector—including low returns on capital employed—analysts believe Airtel’s strategy positions it for better equity returns in the medium term. LiveMint

  • Transforming telecom tower power with a new hydrogen fuel cell solution

    Transforming telecom tower power with a new hydrogen fuel cell solution

    A new hydrogen fuel cell-based backup power solution for telecom towers is set to revolutionise the industry by providing a cleaner, more efficient alternative to traditional diesel generators, the government said.

    This innovative plug-and-play system aligns with India’s renewable energy goals while ensuring uninterrupted connectivity for millions of users across the country, according to Ministry of Science and Technology.

    “India is home to over a million telecom towers, many of which are located in remote areas where maintaining continuous operations can be challenging due to limited access to the power grid,” the ministry added.

    It added that for years, diesel generators have been used as backup power sources. However, these generators are costly, inefficient, and contribute significantly to carbon emissions, making them less suitable in the long term.

    The solution to this problem lies in Proton Exchange Membrane (PEM) fuel cells, which offer an environmentally friendly, efficient, and reliable energy source.

    These fuel cells generate electricity by using hydrogen as fuel, producing only water vapour as a by-product.

    They also have the advantage of quick start-up times, operate at relatively low temperatures, and require much less maintenance than diesel generators, making them a promising option for telecom towers, especially in areas without reliable grid power.

    The fuel cell technology operates through an electrochemical reaction, where hydrogen gas is supplied to the anode, oxidised to release protons, and then passes through a polymer membrane to the cathode.

    Here, it reacts with oxygen to generate electricity and water, providing a clean energy solution, the Ministry added.

    In line with global environmental efforts, the Department of Telecommunications (DoT) and the Telecom Regulatory Authority of India (TRAI) have been encouraging greener energy alternatives for telecom towers.

    TRAI’s 2012 directive mandates that at least 50 per cent of rural telecom towers and 33 per cent of urban towers switch to hybrid renewable energy sources.

    Integrating PEM fuel cells with telecom towers supports this vision, offering an eco-friendly backup system. OdishaTV

  • Trump purges two-fifths of the US Chips Act office’s staff

    Trump purges two-fifths of the US Chips Act office’s staff

    The US government office responsible for a marquee $52 billion chip subsidy program will lose about two-fifths of its staff as President Donald Trump slashes the federal workforce.

    The reduction includes around 20 employees who accepted a voluntary deferred resignation and left the Chips Program Office last week, the people said. There also are about 40 who are considered probationary and will be terminated Monday, according to one of the people. Probationary employees are those who started their jobs, including promotions, in the past one to two years.

    The terminations threaten to hamper implementation of the Chips and Science Act, a bipartisan law signed by President Joe Biden in 2022. Designed to boost domestic chipmaking after decades of production shifting to Asia, the program includes $39 billion in manufacturing grants to companies like Taiwan Semiconductor Manufacturing Co. and Intel Corp., plus $11 billion for research and development. It has prompted well over $400 billion in promised private investment, including chip factory spending and supply chain projects.

    Commerce Secretary Howard Lutnick, the former chief executive officer of Cantor Fitzgerald LP, hasn’t expressed clear intentions for the Chips Act. But in remarks on Monday, he suggested that the legislation’s approach hasn’t generated the kind of payoff that Trump is poised to get with tariffs.

    Lutnick spoke during the White House announcement of TSMC’s plan to invest an additional $100 billion in US manufacturing. With the Chips Act, the US gave a $6 billion grant to TSMC and received a pledge to invest $65 billion, he said.

    “So America gave TSMC 10% of the money to build here,” Lutnick said at the event. “And now you’re seeing the power of Donald Trump’s presidency because TSMC, the greatest manufacturer of chips in the world, is coming to America with a $100 billion investment. And, of course, that is backed by the fact that they can come here because they can avoid paying tariffs.”

    A representative for the Commerce Department, which oversees the office, didn’t immediately respond to a request for comment on the staffing cuts.

    The previous administration built an office of about 140 people to oversee the Chips Act manufacturing spending, on top of staff responsible for R&D funding. Those officials allocated the vast majority of factory incentives before Biden left office, but only a small portion of that money has actually gone out the door. Under the negotiated contracts, companies receive payments when they reach construction and production milestones.

    The staff cuts, while significant, aren’t as deep as some within the government and chip industry anticipated. In particular, they won’t have a major impact on the teams responsible for negotiating with companies and evaluating their progress toward contractual benchmarks, a person familiar with the matter said. The chips office leadership urged against cuts to those departments in recent meetings with Lutnick.

    But it’s unclear how the office will proceed on a wide range of other matters, including the execution of manufacturing awards focused on smaller supply chain projects. The office has received applications for the $500 million program, but has not yet announced any winners.

    Lutnick’s questions to current staff have focused on the rationale behind award decisions, the people said, as well as the government’s legal authority to claw back money that’s been disbursed. Lutnick is especially focused on rules limiting how much Chips Act winners can expand in China, the people said.

    The program’s staff, meanwhile, have been preparing a list of potential amendments — to both the funding application process and contract terms — that would allow Lutnick to claim a win for the administration without causing major disruptions, according to two people. That could include removing language encouraging union contracts, the people said, or requirements to offer child care at major facilities — something many companies independently planned to do.

    But it’s possible that Lutnick’s changes will prove more consequential than cosmetic. For weeks, he’s quietly led conversations with Intel and TSMC — which won the two largest Chips Act awards — about a possible deal that could see the Taiwanese company take over operation of Intel’s factories. That could involve changes to both companies’ awards, depending in part on the ownership structure of a potential partnership. Bloomberg

  • IND will face AUS in the semi-final in Dubai, and NZ will face SA in the semi-final in Lahore

    IND will face AUS in the semi-final in Dubai, and NZ will face SA in the semi-final in Lahore

    India will face Australia in the first semi-final of the Champions Trophy in Dubai on Tuesday after they beat New Zealand by 44 runs in the final group-stage fixture at the same venue on Sunday. New Zealand, meanwhile, will travel to Lahore to meet South Africa in the second semi-final on Wednesday.

    Due to tangled scheduling, both Australia and South Africa had already flown to Dubai, with an ICC official saying the decision had been taken to allow the side that plays the semi-final in Dubai (Australia in this case) on March 4 the maximum time to prepare for that contest. However, it means South Africa find themselves in the sub-optimal position of having flown from Pakistan to Dubai recently, only to return to Pakistan soon after.

    The tangled scheduling was a result of India not playing any of their games in Pakistan for the tournament, and they were supposed to play the semi-finals in Dubai, regardless of their standings in Group A. Such a scenario became all but inevitable after India refused to travel to Pakistan for the tournament, despite the country officially being the sole host of the tournament. The PCB had spent several months trying to get India to visit Pakistan, at one stage proposing hosting all their games in Lahore. However, the BCCI said the Indian government did not grant the team permission to play cricket in Lahore.

    New Zealand are set to take an early-morning flight to Lahore from Dubai on Monday while South Africa will fly back to Pakistan later in the day after having spent around 36 hours in Dubai.

    “Yeah…we will leave [Dubai] at 12.30 or 1 o’clock,” New Zealand captain Mitchell Santner said at the post-match presentation. “We get there and we can rest up and train and be ready to go.”

    While Rohit Sharma was pleased with India’s showing – they are the only team with three wins in as many games in the Champions Trophy – he turned his focus to the semi-final against Australia.

    “I think it [momentum] is very, very critical when you’re playing such a short tournament,” Rohit said after the win against New Zealand. “You try and possibly win every game that is in front of you and try and do everything right and while doing that, there are bound to be mistakes but as long as you correct them quickly, that is what matters. I thought the mistakes that we’ve been making from game one now, we tend to correct those mistakes and that is what is required.

    “It [semi-final] is going to be a good game and obviously we know Australia has a rich history of playing ICC tournaments well. We do understand that; it’s about what we want to do against the opposition and try and do that right. We’re all looking forward to that contest and hopefully we can stitch one [more win] towards us.” ESPNcricinfo

  • IND vs NZ: IND wins by 44 runs, Varun Chakravarthy wins MOM

    IND vs NZ: IND wins by 44 runs, Varun Chakravarthy wins MOM

    Varun Chakravarthy claimed five wickets to help India defeat New Zealand by 44 runs and top Group A of the Champions Trophy. India will thus face Australia in the semi-finals while the losing team will meet South Africa. The Black Caps’ top scorer on the night was Kane Williamson, who fell for 81 runs as New Zealand chase the target of 250 in the final group stage game against India.

    Earlier, New Zealand skipper Mitchell Santner had won the toss and opted to bowl first at the Dubai International Stadium on Sunday. While Matt Henry scalped five wickets, New Zealand impressed with their fielding, especially with some spectacular catching from Kane Williamson (to send home Ravindra Jadeja) and Glenn Phillips (to dismiss Virat Kohli). Shreyas Iyer and Axar Patel had salvaged India’s hopes after the Men in Blue were reduced to 30/3 by the seventh over, losing Rohit Sharma (15), Shubman Gill (2) and Virat Kohli (11) cheaply. Shreyas scored 79 off 98 while Axar chipped in with 42 before both departed with the score reading 172/5.

    India have always had a subpar record against New Zealand in global tournaments with the Black Caps winning 10 times as opposed to India’s 5 wins. The Rohit Sharma-led outfit will also be wary of the Kiwis subcontinent form with New Zealand having defeated Pakistan and South Africa in the Tri-Series before the Champions Trophy and then going on to win both their matches in the tournament against Pakistan and Bangladesh.

    The Kiwis had also handed India their worst home series loss in recent memory when they whitewashed Rohit’s men 3-0 in the Test series last year. But India will find solace in the fact that the last time these two sides met in a 50-over ICC tournament, Rohit and Co had defeated the Kiwis in the semifinals of the 2023 ODI World Cup. Indian Express