According to IAMAI Kantar ICUBE 2020 Report, India is likely to have 900 million active Internet users by 2025 as against around 622 million as of 2020, registering a growth of about 45% in the next five years.

The scheme is open to both MSMEs and non-MSME companies.

Reliance Jio has built sufficient network capacity for the next 300 million mobile broadband subscribers, over 50 million fibre homes and 50 million micro, small and medium businesses, it said.

The US suspended retaliatory tariff imposition on digital service taxes on six countries, including India.

An executive of an OTT platform said that the IAMAI was breaching all deadlines.

Mumbai will soon become home to Netflix’s first wholly-owned, full-service, post-production facility serving the streaming company’s global production of live-action films and series.

“We have seen the market flourish as short-form video apps offer a platform for the audience to create content to showcase their talent and view their opinions,” said Shivank Agarwal, co-founder & CEO of Mitron TV, a short video app that was launched before the TikTok ban, but has since seen its downloads cross 5 crore in less than a year.

Anant Roongta, Managing Director at Famous Studios has spearheaded new offerings at the studio such as visual engineering, Motion Capture, content creation, production and post-production, VFX, a fully-equipped preview theatre, virtual production, co-working spaces, and has launched India’s second largest Dolby Atmos home mixing facility for the OTT space.

RIL, which completed a record fundraising in 2020, is planning to launch an affordable smartphone this year in partnership with Google to stay ahead of the curve.