Author: Aashrey Baliga

Self-regulation for safe and accountable online gaming industry

GGR is the difference between the amount wagered minus the amount won. (Representative Image via Unsplash)

The need for gaming regulation in India arises from the rapid growth and increasing popularity of the online gaming in India, driven with global trends, smartphone penetration, a burgeoning youth population, and gaming genres in tune with local factors.

Skechers India is growing and willing to invest in India: David Weinberg

Rahul Vira of Skechers Asia, John Vandemore of Skechers USA & David Weinberg of Skechers USA in conversation with Storyboard18's Shibani Gharat.

Storyboard18 caught up with Rahul Vira of Skechers Asia, John Vandemore & David Weinberg of Skechers USA on Skechers India’s expansion plans, investment opportunities, India growth strategy, foray into tier 3 cities, partnership with sports & olympics and global expansion plans.

India’s EV market to generate $100 billion by 2030: report

In the short-term, OEMs are likely to continue the shift from performance-centered to price-centered EVs as the market slows, leveraging strategies to expand sales of cost-effective EVs with Chinese LFP batteries.

The report stated that the EV market can realise 40 percent penetration in the next seven years, a substantial increase from the current 5 percent penetration in the country.

Maruti Suzuki announces launch of first EV in FY 24-25

The SUV is said to have 550 kilometres of range. (Image sourced via Maruti Suzuki website)

The EV will be a top-line SUV with a 60 kilowatt hour battery. No specific number has been finalised yet about the number of units that will be rolled out from the manufacturing plant in Gujarat.

Bajaj Auto to achieve EV profitability at a relatively lower threshold: Rajiv Bajaj

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. (Image sourced via Forbes India)

Irrespective of the inflationary costs and currency crises, Bajaj Auto has continued to deliver 20 percent EBITDA (earnings before interest tax, depreciation and amortisation).

Good Glamm Group collaborates with Shoppers Stop to provide new omni-channel experience

These brand collaborations showcase a blend of creativity and commerce, these collaborations redefine industries and celebrate cultural synergy. (Image by freestocks via Unspash)

While Shoppers Stop is expected to gain a foothold through the Good Glamm Group’s online presence with their content-creator-commerce-community flywheel leveraging the Group’s 200 million monthly active users and generating over 4.5 billion monthly organic impressions

OpenAI sets sights on India; appoints Rishi Jaitly as senior advisor

The appointment has hinted at OpenAI’s plans to set up in India to capitalise on the country’s growing market and potential. (Image sourced from Virginia Tech website)

In his role, Jaitly will bridging the gap between OpenAI and the Indian Government by fostering a strong relationship between them to understand AI policies.

Notice Period Catch: What’s an appropriate notice period for outgoing agency executives?

Ad agencies get rocked and shocked when they are hit abruptly by people changes, and don’t typically cope well with these changes, given that the ad business is heavily personality-driven. (Representative image via Unsplash)

With a dearth of good talent, advertising agencies have become rigid with their exit policies. Experts think this is a counterproductive process.

Elon Musk demands Disney’s Bob Iger be fired; Advertising exodus at X continues

The memo signed by Elon Musk reads, "There is nothing I hate more, but it must be done. This will enable us to be lean, innovative and hungry for the next growth phase cycle."

At an event in New York recently, Musk demanded that Iger be fired from Disney immediately.“Walt Disney is turning in his grave over what Bob has done to his company,” Musk said in a series of posts after the company stopped advertising on X.