Author: Delshad Irani

Balaji’s consolidated revenue at Rs 625 crore; Digital business turns cash positive

Crew staring Kapoor Khan, Tabu & Kriti Sanon released in March which subsequently released on Netflix in May. ‘Dream Girl-2" and ‘Crew’ earned more than 100 crores worldwide at box office.

Balaji Telefilms has been focused on strategic cost rationalizing across business segments, especially the Group’s digital business (ALT Digital).

Google launches kid-safe Fitbit Ace LTE watch

Google worked with leading, independent experts in child psychology, public health, privacy and digital wellbeing to design Fitbit Ace LTE.

Fitbit Ace LTE is a new, first-of-its-kind connected smartwatch that transforms exercise into play and safely helps kids lead more active, independent lives, Google said.

Ad tech contributes 9% to Nazara Technologies revenues in FY24

The CEO and joint MD added, "This year, we have arisen successfully between the parent entity and our subsidiaries INR 950 crores of equity capital marking our largest fundraise to date and resulting in a net cash balance of approximately INR 1,450 crores. We took many key initiatives this year."

The company also recently acquired UTP, a casual card game, and NODWIN Gaming has acquired Comic Con India, which is a popular youth IP. In 2024, Nitish Mittersain, CEO and joint MD, said they have taken significant steps to lay a foundation for accelerated growth in coming years.

Digital Competition Bill: Bharat Matrimony, Match Group, ShareChat, Hoichoi express divergent view from IAMAI’s submission

The letter argues that through this careful targeting, the government can curb monopolistic practices while ensuring that Indian startups have the freedom to thrive both domestically and internationally.

Four IAMAI members have voiced their dissent to the industry body’s submission of the draft Digital Competition Bill, urging the Ministry of Corporate Affairs to move ahead with ex-ante regulations.