Industry stakeholders seek govt action against illegal betting apps

According to NICI, Opinion trading platforms allow users to wager money on real-world event outcomes, mimicking financial markets while fundamentally operating as gambling and betting services.

A representation letter will also be sent to Ministry of Consumer Affairs, Ministry of Information & Broadcasting, Ministry of Finance, SEBI and ASCI on the need to prohibit opinion trading platforms in India.

Costa Coffee’s Sreejit Nair joins 4700BC as CEO

Sreejit Nair started his career with P&G where during hus stint, he headed the modern trade division and was part of the team which integrated the Wella and Gillette businesses to the mainline P&G business. He moved to Henkel in Dubai as the trade marketing manager for a short stint before relocating to India.

Previously, Sreejit Nair led Costa Coffee (Devyani International’s master franchisee) as its CEO.

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)

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