Finance Minister Nirmala Sitharaman yesterday said the valuation rules for levying 28 percent GST on entry-level bets on online gaming platforms are effective prospectively.
Calendar year 2023 was a mixed bag for the media and entertainment (M&E) industry as linear TV reported below par growth (decline of 1-2 percent YoY – ex sports) due to i) lower spends by e-commerce/gaming companies ii) diversion of festive spends towards Cricket World Cup negatively impacting growth for other genres.
Social media has transformed the way we communicate, share information, and engage with brands. With millions of individuals actively using platforms such as Facebook, Instagram, and LinkedIn daily, social media advertising has become indispensable for businesses seeking to maintain competitiveness and expand their customer base.
"India has developed a 5G stack now. India's stack has been received well at a recent G-20 countries summit. As a part of a trusted supply chain, countries are banking on India."
Union telecom and IT minister Ashwini Vaishnaw Monday tabled the Telecommunication Bill in Lok Sabha that aims to do away with the three archaic laws – the Indian Telegraph Act, 1885, Wireless Telegraphy Act, 1933, and the Telegraph Wires (Unlawful Possession) Act, 1950.
The Digital Personal Data Protection Act, ratified in August this year, mandates that any company or individual collecting, managing or working with data from other users must obtain explicit consent from them bytelling them about the purpose for which the said data has been obtained.
A bill allowing the government to temporarily take control of telecom services in the interest of national security, and providing a non-auction route for the allocation of satellite spectrum was approved by the Lok Sabha on Wednesday.
The Indian streamer’s latest scripted series, Showtime, will delve into the color and power struggles of Bollywood and the ambitions of those who work in the biz.
The data release may not create much additional leverage for talent, but multiple agents said it can provide key context to what the streaming giant does share with creators.
Leading Indian studio Yash Raj Films (YRF) has had a phenomenal 2023 with successes across theatrical films and streaming and is looking to build on it going forward.