Nazara acquires UK based Fusebox Games for Rs 228 crore

Nitish Mittersain, Founder & CEO of Nazara said, “We see a large opportunity in building an IP based global gaming business that benefits from our core base in India where we can support global studios through enhanced user acquisition strategies, data analytics, live operations and new initiatives such as implementing our in-house AI playbook.

Popular IP based games of Fusebox to boost Nazara’s core gaming segment

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The Advertising Club launches The TAC Academy with the IPA Qualifications

Every year over 4,000 practitioners future-proof their careers through IPA’s Continuous Professional Development Programme – helping their careers flourish. (Image: Unsplash)

The Ad Club has forged a special deal with IPA – The Institute of Practitioners in Advertising to offer curated and cutting-edge qualifications from around the globe under the aegis of The TAC Academy.

R K SWAMY Ltd Q1 FY25 results: Revenue from operations up 11.4% versus a year ago

The firm's Consolidated Revenue from Operations for the quarter ended June 30, 2024 was Rs. 68.37 crores, up 11.4% compared to the corresponding period of the previous fiscal year.

Shekar Swamy, Managing Director & Group CEO, R K Swamy Ltd, said, “We are focused on winning a few large new engagements, in addition to the strong stable roster of clients we serve.”

India should soon see its first Olympics sponsor

Interest for IOC deals is also expected from Qatar, which wants to host the 2036 Olympics in Doha, and Saudi Arabia, which now has a 12-year deal to host the Esport Olympic Games.

The IOC currently has 15 top-tier partners, which collectively paid almost $740 million last year in cash and services, though none from India.

Auto major Volvo initiates global media review

The company's sales of electrified models, including both fully electric and plug-in hybrid models, grew 49 per cent compared to the same period last year and accounted for 49 per cent of all cars sold during July.

Volvo Cars reported global sales of 57,447 cars in July, up 6 per cent compared to the same period last year.

Cannes Lions-parent firm Ascential set to acquire Effies

Philip Thomas, CEO, Ascential, commented: “The coming together of LIONS and Effie is a powerful testament to the fact that effectiveness and creativity in marketing are inextricably linked. All enlightened businesses know that creative, effective marketing drives growth."

Effies, the global benchmark in marketing effectiveness to join Ascential’s LIONS Division to amplify offer for Marketing and Creative Industries.

YouTube will continue to develop AI technology for creative expression: Neal Mohan, YouTube CEO

India being one of the largest market for YouTube, has 11,000 Indian channels with over a million subscribers.

YouTube CEO Neal Mohan said, “We’ll continue to develop AI technology that builds on our track record of responsibility and pushes the boundaries of creative expression at a scale we can only dream about right now.”