Imran Fazal – Page 32

Spring Capital invests in Agilitas, will help develop brand and launch strategies

In April of this year, Agilitas Sports acquired the India license for the Italian shoe brand Lotto for 40 years, at an undisclosed price.

In December 2023, Agilitas Sports received Rs 100 crore in funding from Nexus Venture Partners, a venture capital firm that partners with entrepreneurs building product-focused companies in India and the US.

Breaking: Tamil Nadu takes strong stand against online gaming, RMG players left red faced

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

N Muruganandam, Chief Secretary of Tamil Nadu government hinted towards banning certain games and said that the addiction to online gaming among children has grown leading to harmful effects.

Google faces new antitrust battle over advertising tech monopoly

Google Ads also has opt-out options at both the account and individual campaign levels to ensure flexibility.

Google disputes the claims of excessive fees and argues that its integrated technology ensures faster ad delivery and improved security.

ASCI escalates issue of illegal betting and gambling platforms’ ads to MIB

The proposed overhaul of these laws comes amid a surge in applications from non-governmental organizations, trade bodies, and private firms seeking permission to use terms like “India,” “Commission,” “Corporation,” and “Bureau” in their names.

Storyboard18 recently reported that offshore illegal gambling firms have been using the Pro Kabaddi League (PKL) as a sporting platform for surrogate advertising.

ANI files case against Netflix for using copyright content in IC 814 web series

Netflix's European headquarters are located in the Netherlands, making the Dutch Data Protection Authority (DPA) responsible for investigating a complaint filed against the company.

Recently, the web series was embroiled into a controversy for an alleged incorrect portrayal of the hijackers as Hindus with Hindu names when they were Muslims.

Breaking: RMG sector ignored, GST council shuns agenda after multiple requests

Despite multiple requests from the sector, the Indian government has ignored the sector since past two years.

It should be noted that in its 50th meeting held in July 2023, the GST council decided to levy 28 per cent tax — the highest slab — on the full face value of online gaming

EXCLUSIVE: PKL promoting offshore betting, gambling firms; RMG players complain to MIB

Parimatch is one of the notorious illegal betting and gambling platform operating in India.

The letter which is with Storyboard18 states that illegal betting and gambling platforms are conducting surrogate advertising by sponsoring PKL and participating teams.

MeitY issues advisory to intermediaries, urges to remove fake content swiftly

IT Agreement carries a significant impact, particularly regarding trade in IT products, digital industrial policy, and the need for flexibility in applying tariffs to regulate imports.

In July this year, India’s National Stock Exchange (NSE) warned investors about deepfake videos falsely featuring its CEO, Ashishkumar Chauhan, in some investment and stock advisory videos.

Swiggy spent Rs 1,581 crore on marketing, says junior employee embezzled Rs 33 crore

A former junior employee of IPO- bound Swiggy embezzled Rs 33 crore over “past periods”, the Bengaluru-based food aggregator said in its annual report for the financial year 2023-24.

PM Modi’s I-Day speech spurs DPIIT to fast-track FDI policy for online gaming: EXCLUSIVE

Prime Minister in April last year met India's top gamers and gaming content creators. He was seen interacting with gamers and shared how gaming industry is taking centre stage.

DPIIT has written letter to MIB, MeitY, Niti Aayog seeking clarification on the definition of game of chance and game of skill for drafting a policy on 100 percent FDI for online gaming