Yukta Raj – Page 30 – storyboard18

Indian online gaming sector faces threat from money laundering, reveals Digital India Foundation report

Platforms like Netflix, Amazon, and even LinkedIn are embracing gamification.

The Indian Real Money Gaming (RMG) sector has become a key player in the global market with a CAGR of 28% from FY20 to FY23 and its projected revenue is set to reach $7.5 billion within next five years.

CCPA takes action against quick commerce companies for product disclosure violations

These companies have been given 15 days to respond.

CCPA Chief Commissioner Nidhi Khare confirmed that the notices were sent to three to four companies, although specific names were not disclosed.

WokTok to generate 8-9% of VRB’s overall revenue by FY27, says Veeba’s Viraj Bahl

"We are not putting any revenue pressure on WokTok"

“We are planning to spend over Rs 40-50 crore on the marketing brand WokTok alone by next year.”

HUL separates its Ice Cream business; mode of separation to be decided by end of 2024

Ice Cream is a high-growth category that needs significant investments to realise its full potential.

The Board’s decision to separate is in line with the recommendation made by the Independent Committee following a comprehensive review of the Business.

Piracy paces up in India! India’s piracy economy stood Rs 224 billion in 2023, reveals EY-IAMAI Report

76% of those who accessed pirated content belonged to the 19-to-34-year age group

On an average, Indians spend nine hours weekly, consuming pirated content out of which 38% of the time is spent watching OTT content and 22% is spent watching films.

Volkswagen’s China CMO Jochen Sengpiehl deported after drug allegations amidst market challenges

In the third quarter, Volkswagen's deliveries to China, the world's largest car market, dropped by 15%, totaling 7,11,500 vehicles.

Volkswagen is currently conducting an internal review of the situation. This incident has occurred amidst Volkswagen’s challenges in the Chinese market, where demand for its core passenger car brand has weakened.

BSNL unveils new logo; company to deploy 5G services soon

The seven new services represents BSNL’s renewed focus on delivering secure, affordable and reliable connectivity to every corner of Bharat

BSNL will soon deploy its 5G services. The company has successfully conducted trials of 5G RAN and core in both the 3.6 GHz and 700 MHz bands.

Comscore partners with IAMAI to launch report on India’s CTV landscape

Earlier, in March 2024, the Ministry of Information and Broadcasting blocked 18 OTT platforms for publishing obscene, vulgar, and, in some cases, pornographic content.

The CTV study will provide an extensive overview of the market including India’s CTV consumer profile and behavior, advertising impact and opportunities, market trends, challenges and forecasts.

Google improves ad performance for travelers; expands Travel Feeds in Search Ads

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

With Travel Feeds in Search Ads, all hotel advertisers can now showcase feed data, such as hotels, prices, dates, ratings and images.

“If you won’t follow AMG, you will say OMG,” says Prof Chetan Solanki

"99% people don't understand the whole idea of sustainability"

Prof Solanki believes in the three step approach – AMG, which he explains as avoid, minimize and generate.