Imran Fazal – Page 3 – storyboard18

RMG industry set to shell out Rs 30 crore in four days for SC GST battle

The Supreme Court will finally begin hearing the much-anticipated case on May 5 involving show-cause notices issued to some of India’s biggest online gaming companies.

An elite lineup of legal heavyweights will be representing the gaming firms— Senior counsels Harish Salve, Dr. Abhishek Manu Singhvi, Mukul Rohatgi, C. Aryama Sundaram, Sajan Poovayya, Vikram Nankani, Arvind Datar, and more.

We won’t risk the esports ecosystem on Real Money Gaming: Akshat Rathee, NODWIN Gaming

In the third quarter of FY2025 alone, it reported ₹165 crore in revenue—a 23% year-on-year increase—driven by the success of flagship properties like Playground, the Snapdragon Pro Series, and the combined DreamHack and Comic Con event.

A few months earlier in December, NODWIN faced a major setback when the Maharashtra government abruptly withdrew support for hosting its flagship IP, NH7 Weekender, citing potential law and order concerns.

Maharashtra, MIB to sign MoU for 240 acre creative hub development in Mumbai

IICT will also benefit from a 10-acre land parcel leased by MFSCDCL for 30 years and backed by a one-time budgetary grant of ₹391.15 crore from the central government.

This ambitious project follows the announcement of the Indian Institute of Creative Technologies (IICT) at Dadasaheb Phalke Film City in Goregaon.

Breaking: MIB and Maharashtra to establish global creative centre in Mumbai

MIB advisory, issued on April 22, references a Delhi High Court order which underscores the importance of making digital content accessible to PwDs.

On Friday, Union Minister of Information and Broadcasting, Ashwini Vaishnaw, conducted a detailed review of the preparations for the event.

Maharashtra joins regulatory wave, eyes licensing system for online gaming

Maharashtra’s bold move also shines a light on a deeper structural issue: India’s fragmented regulatory ecosystem. Multiple states are now looking to regulate online gaming industry including Tamil Nadu and Karnataka.

Through this policy, Maharashtra government is aiming for two-pronged goal: protect consumers from fraud and deception, while simultaneously legitimizing a booming sector through legal and economic channels.

“Not late, just starting strong”: IT Minister Ashwini Vaishnaw on India’s AI leap

The minister highlighted that VVDN’s new facility is designed for high-volume, complex product assembly, including AI servers, networking gear and large-scale PCBs, the SMT Line boasts a remarkable throughput of 250,000 components per hour.

The minister highlighted the global recognition India is receiving in the AI space, referencing a tweet by OpenAI CEO Sam Altman, noting the country’s enthusiastic adoption of AI.

Karnataka eyes year-end gaming regulation, but will it abandon its SC battle?

The guidelines cover a wide range of digital channels, including search engines like Google and Bing; social media platforms like Instagram, X (formerly Twitter), and LinkedIn; and OTT platforms such as Netflix, Amazon Prime, and Disney+ Hotstar.

In recent developments, the Karnataka government has shown a willingness to distinguish between legitimate skill-based gaming and illegal betting activities.

Zee Media approves 10-Year, 5% FCCB issue worth USD 465.9 Million

This strategic move aims to bolster Zee Media's financial flexibility and is aligned with the External Commercial Borrowing (ECB) guidelines issued by the Reserve Bank of India.

The bonds will be issued on a private placement basis to UNICO Global Opportunities Fund Ltd. and Sun India Opportunities Investing Fund.

Tamil Nadu’s regulatory model not a fit for Karnataka, RMG stakeholders tell govt

Senior Counsel C Aryama Sundaram, representing the petitioners in earlier hearings, asserted that the Tamil Nadu government lacks jurisdiction to legislate in this domain.

Special attention was given to why Tamil Nadu’s regulatory approach may not be suitable for Karnataka’s specific context, particularly given that betting and gambling fall under the State List of legislative authority.

SC to hear ₹2.5 lakh crore online gaming tax case on May 5

The Supreme Court will finally begin hearing the much-anticipated case on May 5 involving show-cause notices issued to some of India’s biggest online gaming companies.

Apex court’s verdict will not only decide the fate of India’s online gaming industry but also set a critical precedent for how digital innovation is taxed and regulated in the country.