Imran Fazal – Page 20

NBDA to keep its stance regarding ‘fake news’ infront of Parliament panel

NBDA had pointed out that the consultation paper’s assumptions about broadcasting’s classification within telecommunications appear both unfounded and counterproductive

An official statement said the Standing Committee on Communications and Information Technology will meet on November 21 on the subject of “Review of mechanisms to curb fake news.”

‘We prefer doing L&M deals in the domestic market,’ says Saurabh Kalra of McDonald’s

As of June 2024, the chain operated 403 restaurants across 66 cities. Of these, 92% featured McCafés, 86% were Experience of the Future (EOTF) locations, and 20% included drive-thrus.

The quick-service restaurant (QSR) chain plans to open approximately 580 to 630 restaurants by December 2027, averaging 40 to 50 new locations annually.

Global Esports defies odds to become India’s first profitable esports organization

Despite decline in brand sponsorships and game publisher interests, GE's profitability shows green shoots and the revival of esports industry in the country.

Despite decline in brand sponsorships and game publisher interests, GE’s profitability shows green shoots and the revival of esports industry in the country.

MoHFW infringing powers of MIB, OTT platforms oppose non-skippable anti-tobacco ads

Dr. L Murugan, Minister of State for MIB, emphasized that India's judicial system ensures the protection of constitutional rights, including press freedom.

Stakeholders have also expressed concern over the heavy compliance burden on OTT platforms. To meet the amendment’s requirements, platforms would need to edit extensive amounts of content.

Pandit Ad Wars! Astrologers compete for ‘stars’ in wedding season showdown

According to Business Research Insights, the global astrology app market size was USD 3.22 billion in 2023 and market is projected to touch USD 23.87 billion by 2032, at a CAGR of 24.93% during the forecast period.

It’s not only astrology apps in the race to outbid each other; even astrologers and “pandits” (priests) are striving for better reviews and star ratings on these platforms.

Gladiator Esports acquires Bengaluru based Gods Reign

The newly assembled team, which had a combined prize pool earnings of approximately INR 2.5 crores ($276,703) in FY23.

This consolidation aims to streamline operations, strengthen brand identity, and leverage the combined resources of both entities.

Mega IPL auction to take place in Saudi Arabia on Nov 24 and 25

The 10 franchises collectively have around ₹641.5 crore available for the 204 slots, of which 70 are reserved for overseas players.

Delhi High Court blocks pirate app streaming Disney Star content

Additionally, it ordered PayPal Payment Private Limited to freeze the account of the King's app owner.

The court also directed the domain name registrar to disclose information about King’s ownership, including name, address, IP address, payment method, bank details, and information on any other websites infringing Disney Star’s content.

RMG firms to MIB: Stop betting sites from promoting through outdoor ads

Dr. L Murugan, Minister of State for MIB, emphasized that India's judicial system ensures the protection of constitutional rights, including press freedom.

Numerous gambling platforms, including 1xBet, Parimatch, Betway, and DafaBet, have been advertising heavily on billboards and cabs across major cities like Delhi, Mumbai, and Bengaluru.

High taxes and policy uncertainty drive Real Money Gaming operators offshore

Skillhub Online Gaming Federation (SOGF) has initiated efforts to promote Rummy—a card game—as a competitive sport.

Real Money Gaming (RMG) was the largest contributor to the gaming sector in India, comprising 83-84% of overall revenue in FY22, according to a report by Grant Thornton Bharat titled Guardians of Safe Play: Ethical Gaming for Vibrant Bharat.