Imran Fazal – Page 7 – storyboard18

Loco sells majority of stake to UAE based tech company, says India not a priority

Loco has previously partnered with major publishers like Krafton, Activision, Ubisoft, and Riot Games, as well as global entities like the NBA and FIFA.

On July 17, Storyboard18 reported Loco’s failure to generate revenue using the Advertising Video On Demand (AVOD) model, which led to a significant decline in Daily Active Users (DAUs).

Swiggy admits to data breaches, says business is vulnerable to cyberattacks

Swiggy filed an FIR against a former employee for fraudulently gaining unauthorized access to Swiggy's test systems.

The company also disclosed that as it grows and collects more data, the risk of significant failures in internal controls or data security measures increases.

‘Q-commerce is here to stay, retailers must upgrade themselves’, says CEO of Retailers Association of India

These companies have been given 15 days to respond.

On September 26, Madras High Court lawyer K Narasimhan alleged in his complaint to the DPIIT that e-commerce platform Flipkart is offering discounts at product level for select sellers and creating a non-competitive environment.

EXCLUSIVE: Godrej & Boyce to undergo rebranding after split

Additionally, the Godrej Enterprises Group (GEG) is set to infuse around Rs 4,000 crore into its business ventures as part of a comprehensive strategy aimed at unlocking value across 14 different verticals.

Both Godrej Industries Group (GIG) and Godrej Enterprises Group (GEG) will continue with Madison as their media agency.

Mumbai EOW probing Netflix for allegedly ‘cheating’ producer Vashu Bhagnani

The EOW has summoned executives from Los Gatos Production Services India for questioning and is conducting a thorough investigation.

According to reports, Bhagnani claims that while he granted Netflix the rights to these films, he has not received the payment of Rs 47.37 crore owed to him.

EXCLUSIVE: B4U to face music for airing illegal betting and gambling platform’s ads

The advertisement of illegal offshore betting and gambling company, Melbet being aired on B4U Music TV channel.

B4U Music, one of the leading music channel was airing advertisements of an illegal offshore betting and gambling firm, Melbet.

India’s festive season set to boost AdEx by 6.8% in 2024: Harsha Razdan, dentsu

Premium brands are ramping up their ad spends, with a noticeable 8-10 percent increase. However, their spending is not confined to festive periods

Digital and OOH are the frontrunners in driving ad spend growth this season. Television and Print will see an uplift due to reality shows and festive offers.

Netflix under fire in India for alleged visa violations and racial discrimination

The EOW has summoned executives from Los Gatos Production Services India for questioning and is conducting a thorough investigation.

Netflix has also faced criticism in India over content deemed insensitive by some users. This month, it was forced to add new disclaimers to an Indian web series IC 814.

RMG players submit list of 540 illegal betting and gambling firms with DGGI

The detection of GST evasion by the DGGI has been steadily increasing since the implementation of GST in 2017.

According to Directorate General of GST Intelligence (DGGI), real money online gaming companies constituted 41 percent of the total Rs 2 lakh crore evasion uncovered this year.