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Jorge Messi, the father of football star and Argentina captain Lionel Messi, died on Saturday at a hospital in the central Argentine city of Rosario. He was 68. The Rosario-based Club Atletico Newell's Old Boys announced his death in a social media post, stating that he had undergone treatment in recent months for an unspecified illness. The post described him as "the pillar and the person who, with vision, rigour and affection, supported the career of the best player of all time, alongside his wife, Celia Cuccittini."
The South American Football Confederation (CONMEBOL) also offered its condolences in a statement, expressing its sympathy "with respect and affection for Lionel."
Lionel Messi led Argentina to a runner-up finish at this year's World Cup. In the team's first match, against Algeria, he was visibly emotional after scoring the first of his three goals. He later said that he wept for "a reason unrelated to sports."
"I went through some difficult, complicated days," he said. "I am grateful to the delegation and all my teammates because they were always by my side, wishing me strength so that I would be OK."
Our deepest condolences. May Jorge Messi rest in peace. pic.twitter.com/PPSTTjHki1
— FC Barcelona (@FCBarcelona) August 8, 2026
Media reports at the time upset the Messi family, which released a statement days later confirming that "Jorge is experiencing a health issue," without specifying the nature of his condition.
"A person's health and the peace of mind of their loved ones should not be the subject of speculation or irresponsible media interest," the statement said. It also expressed "discomfort at the lack of sensitivity, respect and scruples with which some people have treated a strictly private family matter."
Jorge Messi was a chemical technician and worked as a steelworker. He played football as a midfielder and reached the youth ranks of Newell's Old Boys but had to abandon the sport to complete his mandatory military service in Argentina.
#ProfundoDolor La Asociación del Fútbol Argentino, con su Presidente Claudio Tapia a la cabeza, lamenta con tristeza y pesar el fallecimiento de Jorge Messi, padre de nuestro capitán y emblema, Lionel Messi.
— AFA (@afa) August 8, 2026
Desde aquí acompañamos a toda la familia en este duro momento y le… pic.twitter.com/YTug2MnM9g
He played a fundamental role in his third son's career, serving as his agent and managing his business affairs. He travelled with a young Messi to Barcelona in the early 2000s for the trial that opened the doors to La Masia, the Catalan club's youth academy. Lionel Messi made his professional debut in 2004 and went on to win eight Ballon d'Or awards. He also led Argentina to the 2022 World Cup title.
"My dad was always by my side," Lionel Messi said in a 2007 interview with Radio del Plata. "Sometimes I would lock myself in my room to cry when we arrived in Barcelona, or my dad would do the same without me seeing him, or thinking I didn't see him. We pretended we were both OK, but we weren't. My dad even asked me what I wanted to do when we were feeling down, whether I wanted to stay or go back. I wanted to stay, and he stayed with me."
His father negotiated contracts with Barcelona and later oversaw his transfers to Paris Saint-Germain and Inter Miami, while also managing the use of his famous son's image rights and numerous investments in real estate, hotels and restaurants.
In 2016, father and son were convicted by Spanish courts on tax evasion charges but avoided prison because their sentences were less than two years.
The Reserve Bank of India's proposal to restrict non-bank lenders from offering revolving credit lines could weigh on growth and profitability at NBFCs, with Bajaj Finance and Tata Capital facing greater exposure than Cholamandalam Investment and Finance.
The proposed framework would allow NBFCs to offer only term loans with a predetermined repayment schedule and a sanctioned limit that does not replenish after borrowers make repayments. Bullet repayment structures would continue to be permitted.
The change could force lenders to rework products built around reusable credit limits, affecting customer acquisition as well as fees and yields. The impact is likely to vary depending on the share of revolving credit products in each lender's portfolio.
ALSO READ: Bajaj Finance Shares Tumble As RBI Draft Looks To Curb NBFC Revolving Credit
Bajaj Finance has the highest exposure among the three lenders, with revolving credit products accounting for about 15% of its assets under management, according to IIFL analysis.
Tata Capital's exposure is estimated at a high single-digit to low double-digit percentage of its portfolio. Cholamandalam Investment and Finance has exposure of less than 1%, according to IIFL.
Revolving credit allows borrowers to repeatedly draw from a sanctioned credit limit as they repay outstanding amounts. The RBI's proposed framework would instead require NBFCs to structure such lending as term loans with fixed repayment schedules and non-replenishing limits.
The revolving credit feature is used across several NBFC product categories, meaning the proposed rules could have implications beyond individual loan products, according to IIFL.
The restrictions could also make it harder for NBFCs to acquire customers for products that depend on flexible or reusable credit limits.
Lenders may need to shift these customers towards products with fixed repayment structures, which could affect the fees and yields generated from such lending.
Should you add shares of P N Gadgil Jewellers Ltd.? Should you hold shares of UltraTech Cement Ltd. at the current market price? Have you lost the chance to buy United Spirits Ltd.'s stock at an attractive price? Should you sell shares of Trent Ltd.?
Jatin Gedia, vice president - technical research at Teji Mandi Investment Technologies and Jash Shah, Fundamental Research Analyst, Latin Manharlal provided insights on these investor queries and more on NDTV Profit's Ask Profit show
ALSO READ: AI Chip Stocks Plunge Up To 10% As SanDisk Earnings Fail To Satisfy Sky-High Expectations
ALSO READ: Shipping Corp Q1 Results: Profit Zooms 75% As Margins Expand Sharply, Revenue Tops Rs 1,800 Crore
Disclaimer: The views and opinions expressed by the investment advisers on NDTV Profit are of their own and not of NDTV Profit. NDTV Profit advises users to consult with their own financial or investment adviser before taking any investment decision.
Vivo S2 was launched in India on Thursday as the first model in the company's S-lineup in nearly seven years. The handset is powered by the MediaTek Dimensity 7360-Turbo chipset, coupled with 8GB of RAM. It sports a 6.83-inch AMOLED screen with a 120Hz refresh rate. The Vivo S2 is equipped with a 50-megapixel dual rear camera setup. It runs on OriginOS 6 out of the box and packs a 7,050mAh battery.
The Vivo S2 price in India starts at Rs. 39,999 for the 8GB RAM and 128GB onboard storage variant. It is also offered in an 8GB + 256GB configuration, priced at Rs. 45,999.
The handset is available in three colour options: Sapphire Blue, Regal Bronze, and Silk White. It can be purchased via the Vivo India e-store, Flipkart, and select offline retail stores across the country.
The dual-SIM (nano + nano) Vivo S2 runs on Android 16-based OriginOS 6. It sports a 6.83-inch 1.5K (1,260 x 2,800 pixels) AMOLED screen with a 120Hz refresh rate, up to 3,000 nits of local peak brightness, a P3 wide colour gamut, 449ppi pixel density, and VM9 light-emitting material. The display also features an in-display optical fingerprint scanner for biometric authentication.
Under the hood, the new Vivo handset is powered by the MediaTek Dimensity 7360-Turbo chipset, paired with 8GB of LPDDR4X RAM and up to 256GB of UFS 3.1 onboard storage. It also supports up to 8GB of Extended RAM.
For optics, the Vivo S2 is equipped with a dual rear camera setup, comprising a 50-megapixel primary camera with an f/1.8 aperture and a 2-megapixel secondary camera with an f/2.4 aperture. On the front, it carries a 32-megapixel selfie camera with an f/2.0 aperture. Both the front and rear cameras support video recording at up to 4K resolution.
Connectivity options include dual 5G, 4G LTE, Wi-Fi 5, Bluetooth 5.4, GPS, GLONASS, Galileo, QZSS, BeiDou, OTG, and a USB Type-C port.
The Vivo S2 packs a 7,050mAh battery with support for 44W FlashCharge. It measures 164.42 x 75.25 x 7.99mm in the Sapphire Blue and Regal Bronze colourways, while the Silk White variant measures 8.10mm. The handset tips the scales at 197g in Sapphire Blue and Regal Bronze, and 199g in Silk White. The phone ships with an IP68 + IP69-rated build for dust and water resistance.