The revenue from operations of the company reduced to Rs 65.61 crore lakh in Q2 FY 25 from Rs 79.7 crore in the corresponding quarter last fiscal.
Month: November 2024
EXCLUSIVE: Small part of Prasar Bharati OTT will be subscription-based; rest all free, says MIB’s Sanjay Jaju
Sanjay Jaju, Secretary, Ministry of Information and Broadcasting, confirmed to Storyboard18 that Prasar Bharati’s OTT will be launched on November 20, with over 60 FreeDish channels and archival content.
EXCLUSIVE: Going through rigor of understanding how to roll out D2M: MIB’s Sanjay Jaju
Sanjay Jaju, Secretary, Ministry of Information and Broadcasting, told Storyboard18 that the Ministry has completed the ‘proof of concept’ of D2M technology at this stage. The consultation with the industry stakeholders is going to understand its impact.
Nykaa appoints Abhijeet Dabas as EVP and Business Head of Fashion eCommerce
With a strong background in tech and e-commerce, Dabas will lead Nykaa Fashion’s online expansion, strategic partnerships, and customer-centric growth initiatives.
Gen Alpha’s video binge, consumption up 60%: Kantar report
Gen Alpha is increasingly driven to a more digital recreational experience. 69% of kids find video games more enjoyable than outdoor play.
MCG takes action against 53 advertisers for defaulting on fees
The MCG has also highlighted the enforcement of a strict penalty system under the Haryana Municipal Corporation Advertisement Bye-laws, 2022, which mandates blacklisting of defaulters.
Pernod Ricard ups ad spend to Rs 845 cr in FY2024
The company recently announced a €200 million investment in a new distillery in Nagpur, Maharashtra.
Star India incurs Rs 12,548 crore net loss in FY24, cites ICC contract as reason
Star India’s operating revenue reduced by more than 6 percent to Rs 18,587 crore in FY 24 from Rs 19,812 crore in FY 23
Nazara and ONDC launch “gCommerce” to revolutionize in-game monetization
Presently in its soft-launch phase, gCommerce is slated for a broader rollout to game developers beginning in the first quarter of FY26.
E-commerce recorded $14 billion GMV this festive season, reveals Redseer’s report
The rate of new shopper acquisitions has been slowing down, per-shopper spending increased by 5-6%.