February 2025 – Page 30

OpenAI moves to block Indian media groups from copyright lawsuit

The findings have sparked further conversation around the psychological effects of AI chatbots, particularly those designed with an emphasis on virtual companionship.

The lawsuit, initiated by Indian news agency ANI, alleges that OpenAI scrapes published content from news websites without permission to train its AI.

Godrej Industries’ Q3 net profit soars 77% to Rs 188 crore

Godrej Industries revenue from the operation jumped 34 percent to Rs 4,825 crore

The revenue from the operation of the company jumped 34 percent to Rs 4,825 crore compared to Rs 3,590 crore in the corresponding quarter last year

India’s Got Latent Row: Maharashtra women’s panel seeks ban on show

Chanchlani's case is tagged with Ranveer Allahbadia’s similar plea to streamline proceedings and avoid multiple trials.

The MCW underscored that the IGL was not governed by any government regulations and had frequently boasted objectionable statements

Finance Ministry to meet RMG operators on Friday, will discuss money laundering in online gaming

Finance Minister Nirmala Sitharaman announced in September 2024 that revenue from online gaming increased by 412%, reaching Rs 6,909 crore within six months.

Stakeholders will also discuss challenges faced by the industry such as GST and penetration of offshore gambling companies in India.

Influencer marketing: When risks outweigh results | Impacts of TN Govt’s online gaming crackdown | Police raid Blinkit dark stores

In the wake of Samay Raina’s India’s Got Latent backlash and Ranveer Allahbadia’s controversial comments, brands and influencers are recalibrating their approach to collaborations. With the volatility of internet fame becoming increasingly apparent, there is a growing awareness of the risks involved, prompting a more cautious and calculated strategy moving forward. (Image Source: Unsplash)

Storyboard18 brings you top five news updates from the world of advertising, marketing and business of brands.

R K SWAMY reports 8% growth in income to Rs 79.4 crores in Q3 FY25

Consolidated PBT for the first nine months of the financial year was Rs 9.6 crores as compared to Rs 18.5 crores in the corresponding period a year ago.

For the nine-months ended December 31, 2024, the Company’s Total Income was marginally higher at Rs. 219.0 crores.

Print still dominates education ad spending with 83% share in 2024, despite digital’s slight 7% decline

Print continues to be a stronghold for education advertisers, with a 32% increase in ad spending in 2024 compared to 2022. The North Zone dominated print advertising with a 50% share, followed by the South Zone at 19%. (Representative Image: Wance Paleri via Unsplash)

500+ advertisers were still exclusively active on TV in 2024, proving that television remains relevant for a niche segment, as per the report by Excellent Publicity.

Mamaearth parent Honasa Consumer’s ad spend rises 6.6% to Rs 177 crore in Q3

Ghazal Alagh publicly accused Lakmé and HUL of copying not only Mamaearth’s sunscreen but also other products, including its vitamin C face wash and onion shampoo.

Honasa Consumer’s profit in 9M FY25 stood at Rs 48 crore versus Rs 80 crore in the same period in FY24

YouTube to roll out more tools to support podcasters, monetisation for creators

CEO Neal Mohan highlighted plans to roll out additional tools designed to support podcasters, improve monetization options for creators, and simplify the process of discovering new podcasts. (Image Source: Unsplash)

CEO Neal Mohan reveals that YouTube now stands as the most popular destination for podcast enthusiasts in the United States, with enhanced features and monetization tools on the horizon.