Author: Imran Fazal

Star India terminates $1.5 billion worth ICC sub-licensing deal with Zee

Star India, on September 16, filed a 'statement of case' before London Court of International Arbitration (LCIA) in which it declared termination of the alliance agreement and sought the damages in the now-terminated ICC TV rights deal case, from Zee.

The now-terminated deal would have granted Zee exclusive television rights to major ICC men’s events, including two ICC Men’s T20 World Cups (2024, 2026), the ICC Men’s Champions Trophy (2025), the ICC Men’s Cricket World Cup (2027), and key ICC U-19 events.

Ad revenue to surge by more than 30 percent during festive season: Spotify

Spotify measured a panel of users' attention via Amplified Intelligence’s attention tool, across one month using data from 2,500 people in India capturing more than 7,900 ad views.

According to Comscore report, Spotify India had around 55 million monthly active users (MAUs) in 2023, reaching 80 million MAUs in 2024.

Government to allow 100% FDI for online gaming?

Inspired by Mahatma Gandhi’s wisdom, “Be the change you wish to see,” Growth Ka Chashma invites investors to “Spot the growth you want in your portfolio.” It simplifies financial literacy with a gamified approach, combining advanced AI with market analysis to make stock market learning more accessible.

Discussions are ongoing at various levels of the government regarding a proposal from the Department for Promotion of Industry and Internal Trade (DPIIT)

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Byju’s to settle dues with BCCI, transfers Rs 500 million as first installment

Bjyu's used to be India's leading online education platform, which valued around $22 billion at its peak. But, the company found itself in trouble with the law and central agencies because of subdued demand and irregularities in foreign investments.

The NCLAT started bankruptcy proceedings against Think and Learn on July 16 on a Board of Control for Cricket in India’s plea over the non-payment of Rs 158 crore.

BCCI and Byju’s in settlement talks, NCLAT adjourns case till July 31

Bjyu's used to be India's leading online education platform, which valued around $22 billion at its peak. But, the company found itself in trouble with the law and central agencies because of subdued demand and irregularities in foreign investments.

The NCLT started bankruptcy proceedings against Think and Learn on July 16 on a Board of Control for Cricket in India’s plea over the non-payment of Rs 158 crore.

Create centralized dashboard, publicize complaints against misleading ads: SC to Ministry of Ayush

The HC decision follows the hearing of three petitions against the non-regulation of deepfake technology in the country and the threat of its potential misuse.

The Court was hearing a case filed by the Indian Medical Association (IMA) against Patanjali Ayurved and its promoters, Baba Ramdev and Acharya Balkrishna, for publishing misleading advertisements about allopathic medicine.

Breaking: MIB seeks additional two weeks to submit affidavit on SDC in the Supreme Court

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

The Supreme Court had directed the Ministry of Information and Broadcasting (MIB) to submit an affidavit within three weeks, detailing recommendations on the ‘self-declaration certificate’ (SDC) mechanism for advertisements.

NCLT orders liquidation of Kishore Biyani’s Future Retail Ltd

The bench observed that the maximum period of Corporate Insolvency Resolution Process (CIRP) has expired and no resolution plan has yet been approved by the committee of creditors (CoC).

The company has admitted liabilities of over Rs 28,452 crore. This includes secured financial creditors’ claims of about Rs 14,422 crore.