adidas vs ADIDAS: Delhi HC awards over Rs 14 lakh in damages for trademark infringement

In response to the lawsuit, M&M issued a statement expressing its intent to find an amicable resolution, as per reports.

The court of Justice Sanjeev Narula also fined Adidas Rs 14.22 lakh in damages, which includes Rs 3 lakh in nominal damages and Rs 11.22 lakh in costs incurred by Adidas in pursuing the trademark infringement case over the previous 13 years.

‘Hackers are trying to create better hacks’, says Krafton

Recently, Nodwin Gaming disqualified and banned three teams from the Philips OneBlade Battleground Mobile India Cup 2024 for cheating by using unauthorized and unethical methods during the official esports tournament.

Krafton is streamlining the process for tournament organizers and are resolving issues around organizing third party tournaments in the country.

Positive budgetary measures for rural to increase advertising spends by 15 percent in H2

Rural Barometer Report 2025 highlighted how India’s rural consumers are recalibrating their choices amidst economic strain, while embracing digital platforms at an unprecedented pace.

Rural revival, good monsoons, healthy economic conditions and the upcoming festive season–all signal positive tidings for the overall advertising expenditure of the country in the second half of FY25.

Union Budget 2024: Major tax revisions set to boost gaming and esports sector

As per shareholding data post-investment, Play Ventures will hold 3.38%, Countryside Ventures 4.46%, Gameskraft Technologies 2.12%, and Kalaari Capital 6.35% of the company.

The rollback of the Angel tax is being considered to be a major boost for Indian gaming and esports entrepreneurs, leading to more opportunities as well as higher engagement with the youth.

Union Budget 2024: Government to spend Rs 1,089 crore for information and publicity

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

According to the budget expenditure report for 2024-2025, the government has allocated Rs 36.93 crore for Art and Culture and Rs 2,959.94 crore for Broadcasting. Furthermore, the government has allocated Rs 23 crore to the National Film Development Corporation.