November 2024 – Page 42

Intel’s gamer days 2024 targets Gen Z with Dentsu Gaming & StreamO

Leveraging the influence of over 350 gamer influence across India, the campaign cuts through traditional advertising boundaries, delivering content tailored to Gen Z's immersive and interactive media preferences.

Intel campaign bridges gap between brands and gaming enthusiasts, harnessing influencers and high-impact content.

Aditya Birla Finance and Glas Trust seek removal of resolution professional in Byju’s insolvency case

Bjyu's used to be India's leading online education platform, which valued around $22 billion at its peak. But, the company found itself in trouble with the law and central agencies because of subdued demand and irregularities in foreign investments.

The applications were filed on Monday, and the NCLT bench, comprising Judicial Member K. Biswal and Technical Member Manoj Kumar Dubey, has scheduled the pleas for hearing next week.

Bata India Q2 profit rises to 52% in Q2; Director Kanchan Chehal resigns

Bata India posted a consolidated profit of Rs 52 crore year-on-year

Bata Ltd said it renovated 48 stores and opened 4 Exclusive Brand Outlets (EBOs) for Power, 136 EBOs for Hush Puppies, and 14 Kiosk for Floatz

Information & Broadcasting Ministry seeks agency to design, develop AI/ML-based integrated dashboard

The parliamentary committee on 'Communications and Information Technology', chaired by Nishikant Dubey, is scheduled to meet on February 13.

The Ministry of Information and Broadcasting plans to deploy an integrated dashboard, an AI/ML-powered solution that will analyse recent news stories to forecast emerging trends.

Centre cracks down on unauthorized use of personal data amid digital protection reform

A recent report indicated that the National Payments Corporation of India had already terminated all unauthorized uses of customer data related to Unified Payments Interface (UPI) handles. (Image source: Unsplash)

With the Digital Private Data Protection Act, 2023 on the horizon, the Union home ministry intensifies efforts to curb illegal access to sensitive personal information, targeting fintech and consumer tech companies.

Double-digit AdEx and store expansion fuel $145B Indian jewellery market

The top 10 organized jewelry players including Titan (Jewellery), Joyalukkas, and Kalyan account command over 30% (90% of organized) of the total jewellery demand in India.

Diverse offerings boost festive sales for E-comm platforms- Know more

The share of online shoppers from Tier 2 and 3 cities has increased to 56 percent in FY2024

Walmart-backed Flipkart has claimed to have recorded an overall 7.2 billion visits including 282 million unique visitors while Amazon witnessed 140 crore customer visits with over 85% from non-metro cities.

Noel Tata joins Tata Sons board as Tata Trusts nominee

Noel Tata, who has longstanding ties with Tata Group's various businesses, will be the first family member since 2011 to simultaneously serve on the boards of both Tata Sons and Tata Trusts.

Noel Tata becomes the first Tata family member since 2011 to hold simultaneous board positions at Tata Trusts and Tata Sons.

High taxes and policy uncertainty drive Real Money Gaming operators offshore

Skillhub Online Gaming Federation (SOGF) has initiated efforts to promote Rummy—a card game—as a competitive sport.

Real Money Gaming (RMG) was the largest contributor to the gaming sector in India, comprising 83-84% of overall revenue in FY22, according to a report by Grant Thornton Bharat titled Guardians of Safe Play: Ethical Gaming for Vibrant Bharat.

EXCLUSIVE: News bulletins on private FM radio delayed; conflict over content regulation

The original deadline for submitting applications was November 15, 2024.

To be a ‘responsible’ medium, Centre wants private FM players to only broadcast news capsules that are shared or authorised by the government. The crippling sector, however, demands otherwise—for better listenership and revenue streams.