Month: July 2023

Generative AI can help companies engage and retain customers: NVIDIA’s Vishal Dhupar

According to Vishal Dhupar, with the insights and knowledge that generative AI can bring through the interaction between the consumer and the platform, companies can now figure out what the customer requires.

During the first edition of the Moneycontrol Startup Conclave, Vishal Dhupar – MD, Asia-South, NVIDIA opines on the impact and effectiveness of AI on industries including advertising and marketing.

ITC reappoints Sanjiv Puri as chairman and managing director

He said India’s strong economic growth puts it in a good position to benefit. “Even in uncertain times, India has shown it can stay resilient and keep moving forward,” Puri said.

Sanjiv Puri started his career at ITC in 1986 as branch manager and moved up to hold various executive roles within the organisation.

Explained: What is fastvertising?

Fastvertising is a type of advertising that is swiftly developed and disseminated in response to present day occurrences or popular trends. (Representative Image: Kelly Sikkema via Unsplash)

Fastvertising is a type of advertising that thrives on the principles of speed, creativity and personal branding.

Reliance Retail, Jindal and GBTL make offers to acquire bankrupt Future Enterprises

One of the concerns cited by these organisations is that OTT service providers are already regulated under the IT Act 2000 which will be replaced by the upcoming Digital India Act (DIA). Therefore, such consultations should form part of Digital India Act and any other additional consultations by regulators like TRAI will also lead to overlap of regulatory structure. (Image by Jessica Tan via Unsplash)

The National Company Law Tribunal admitted Kishore Biyani’s Future Enterprises for corporate insolvency on February 27.

Shark Tank India startups grew 6X with external funding: Redseer report

As per Redseer, a total of 27 startups successfully secured funds from external investors, regardless of whether they scored a deal, dropped out, or got rejected on the show. In all, most startups that appeared on the show fared well afterward, securing better deals and increasing valuations. (Image source: Moneycontrol)

A total of 27 startups successfully secured funds from external investors, regardless of whether they scored a deal, dropped out, or got rejected on the show.

RIP – Real money gaming industry in India: Ashneer Grover

Grover who recently launched his own fantasy gaming app Crickpe put out a tweet that said, ‘It was good fun being part of the fantasy gaming industry - which stands murdered now’ (Image source: News18)

The 50th GST Council meeting on Tuesday agreed to tax online gaming at the rate of 28 percent on full face value amount at par with horse racing and casino

Disney explores strategic options in India amid Star India’s fortunes shift: WSJ Report

The adverse weather conditions could impact outdoor events, including the much-anticipated opening match, which faces the risk of being abandoned if conditions deteriorate further.

Hotstar is expected to lose 8-10 million subscribers in its fiscal third quarter. The report also states Star’s overall revenue for FY ending September 2023 is expected to drop around 20 percent to slightly less than $2 billion.