How it Works – Page 136

Plague of overvaluation in the startup world

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)

As startups sail through rough waters, boards need to ensure future alignment and take more responsibility to guide and support founders during challenging times.

FIFA Women’s World Cup 2023: FanCode secures exclusive digital rights for India

DD Sports also secured the television broadcast rights in India for FIFA Women's World Cup 2023. (Representative Image: Fauzan Saari via Unsplash)

As part of the partnership, FanCode will also exclusively livestream FIFA Beach World Cup, FIFA U17 World Cup and the FIFA Club World Cup scheduled for later in the year.

“Will request GST council to reconsider tax on online gaming,” Rajeev Chandrasekhar at CNN-News18 Town Hall

This was followed by similar questions on former American president Donald Trump and President of Ukraine Volodymyr Zelenskyy.

The GST Council on July 11 decided to impose a 28% tax on the turnover of online gaming companies, horse racing and casinos.

Explained: Into real money games? This is how 28 percent GST will impact you

According to Dua, while initial concerns remain regarding the regulations, cautious optimism is emerging. Data is being analyzed by officials to understand the impact on businesses and consumers. This, along with the Finance Minister's commitment to review, fuels hope for a potential revision that fosters continued industry growth.(Representative image via Unsplash)

The 28 percent GST will have a significant impact on paying users, who make up a large portion of the real money gaming industry in India.

Makeba trend: Short videos breath life into old songs

While everyone is grooving to the beats of Makeba, did you know that Makeba is actually the name of a person, Zenzi Miriam Makeba. (Images sourced via Instagram and Twitter)

Short videos are breathing life into old songs like Makeba by French artist Jain. Here’s how.

Chandrayaan-3 launch: News18 platforms post record breaking live concurrent numbers

In June, News18 Network garnered 5.1 billion views on YouTube and Facebook combined and became the preferred choice for viewers seeking news content on digital.

On YouTube, News18 Madhya Pradesh/Chhattisgarh’s digital platform achieved an impressive milestone with 421K live concurrent viewers. In the case of CNN-News18, it garnered 320K live concurrent viewers.

Gameskraft, Nazara, MPL, AIGF and others request govt to reconsider 28% GST on real-money gaming

On the other end of the spectrum, larger players are grappling with losses by implementing as much as 50 percent reductions in marketing expenditures. This is only the beginning, said experts, adding, there will be more pink slips, restructurings and shutdowns. (Representative Image: Michał Parzuchowski via Unsplash)

The GST Council’s decision will “reverse the growth trajectory” of the industry and would potentially have “devastating implications” for MSMEs and startups, founders and industry associations say.

Category: How it Works