Digital – Page 35 – storyboard18

CCI seeks financials from Amazon, Flipkart to decide penalty over anti-trust case

The Supreme Court’s decision on the transfer of cases will be revisited on January 6.

The penalty in the anti-trust case has been running for four years and will depend on the outcome of the regulatory hearing.

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

Thirty petitions have been filed by RMG companies challenging retrospective GST demands exceeding ₹1.5 trillion, calculated at 28% on the face value of bets.

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.

Centre’s IT rules amendment unconstitutional, Bombay HC strikes down fact checking unit

An agreement between the Lodha brothers was established in 2023, which explicitly prohibited HoABL from using any variation of the 'Lodha' name.

Justice AS Chandurkar said the Information Technology Amendment Rules, 2023, which empowers the Centre to set up fact-check units (FCUs) for identifying fake news online, violates Articles 14 and 19 of the Constitution.

‘Meta, YouTube and TikTok engaged in vast surveillance’, says FTC

Most of the companies collected users' age, gender, and the language they spoke. Many platforms also obtained information on education, income, and marital status.

The report states that the sites, which mostly offer free services, profited from the data by using it for advertising that targets specific users based on demographics.

Miscreants hack Supreme Court’s official YouTube channel

The program will roll-out starting with Flipkart and Myntra.

This hacking incident comes at a time when senior advocate Kapil Sibal, representing West Bengal government requested to halt live proceedings of the RG Kar medical college rape and murder case.

Centre proposes new and stricter anti-tobacco regulations for online content platforms

The Ministry of Health and Family Welfare made the draft announcement on September 13, 2024, seeking to amend the Cigarettes and Other Tobacco Products (Prohibition of Advertisement and Regulation of Trade and Commerce, Production, Supply and Distribution) Rules, 2024. (Representative Image: Mathew MacQuarrie via Unsplash)

The anti-tobacco regulations will also include video-on-demand services such as Netflix and Amazon Prime Video. Centre has opened a 30-day public consultation period for individuals and organisations to submit feedback.

E-comm boom fails to deter big brands from investing in brick-and-mortar stores

Physical stores remain the preferred choice for apparel shopping, according to a survey by LocalCircles this year. (Image Unsplash)

Despite the e-commerce boom, big apparel and lifestyle brands continue to invest in brick-and-mortar stores. The D2C lifestyle retailers are choosing omnichannel routes by expanding their stores as customers want the ‘touch and feel’ experience

Most Valuable Brands: Zomato fastest riser, 100% growth in brand value in Kantar’s BrandZ report

Zomato (at number 31 with a brand value of $3.5 bn) is this year’s fastest riser with 100% growth in brand value year-on-year due to relentless innovation and expansion into quick commerce. It has also boosted efficiency and elevated its customer experience over the last year, according to the Kantar BrandZ report.

TCS remains the country’s most valuable brand for the third straight year in the new Kantar BrandZ report. Soumya Mohanty, MD & CCO and Deepender Rana, Executive MD at Kantar tell Storyboard18 how Indian brands lag in creating meaningful differences & building long-term brand equity versus global counterparts.

Breaking: Major IPTV piracy ring busted following Disney Star complaint

Star India's standalone net profit was Rs 1,465 crore in FY 23

The complaint states that the rogue operator charged Rs 5,750 for the box and Rs 2,300 for access to the application.