Tag: Media

Finfluencer scams back in action: Use fake messaging to lure consumers

The proposed overhaul of these laws comes amid a surge in applications from non-governmental organizations, trade bodies, and private firms seeking permission to use terms like “India,” “Commission,” “Corporation,” and “Bureau” in their names.

A few finfluencers have been under scrutiny for using fake screenshots of inflated and wrongly depicted profits to lure consumers into buying their finance courses and Telegram channel subscriptions.

Nazara Tech soars 8% on fundraising plans

Bajaj Auto currently has 80 percent market share in the ICE segment. This serves as a substantial and efficient distribution platform for their electric offerings. (Representative Image: Annie Spratt via Unsplash)

This is the second time in two months that the company has opted to raise capital. In July, the company decided to raise funds through the issue of equity shares.

Zee Entertainment share drops 1% as Quant Mutual Fund offloads stake

Zee Entertainment stock has given a return of 36.07 percent over the last six months. (Representative image by Maxim Hopman via Unsplash)

Zee Entertainment stock has given a return of 36.07 percent over the last six months. The benchmark Nifty50 index has given a return of 11.81 percent over the same duration.

BCCI sets internal target of Rs100 cr per match for media rights auction

The grand finale of the tournament will be played at the Grand Prairie Stadium in Texas and will be live telecast in India on 29th July 2024. (Representative Image: Michael Weir via Unsplash)

BCCI will auction the media rights for TV and digital, for bilateral matches to be played in India for the next five years.

Subhash Chandra-led Essel Group reaches settlement with JC Flowers ARC; to repay Rs 1,500 crore over 7 months

CNBC-TV18 has learnt that as part of the agreement, Essel Group entities have committed to repaying Rs 1,500 crore within a span of seven months to JC Flowers. The terms of the settlement dictate that 15 percent of this amount would be repaid within the first 30 days, with the remaining 85 percent to be paid over the following six months, the sources said. (Image sourced from ZEE website)

The deal relates to Essel Group’s debt amounting to around Rs 6,500 crore, which JC Flowers ARC had acquired from Yes Bank at a discounted rate as part of the lender’s transfer of a Rs 48,000 crore Non Performing Assets (NPA) portfolio to the ARC for a little over Rs 11,183 crore in December last year.

BCCI media rights auction today: All you need to know

Last year, the Bombay High Court directed the BCCI to seek the opinion of the Supreme Court regarding the issue (Image source (from left to right): Moneycontrol and Unsplash)

Experts predict a departure from the extravagant spending observed during IPL rights acquisition.

OpenAI on track to earn $1 billion in annual revenue through ChatGPT

According to ‘Win with Conversations’, a report Meta launched with Bain & Company, 70 percent of surveyed large enterprises are already engaging with half of their customer base using conversational platforms. (Representative image by Andrea De Santis via Unsplash)

OpenAI, founded by Sam Altman and backed by Microsoft Corp is currently earning $80 million dollars in revenue monthly.