Month: September 2023

Online gaming companies to lessen spend during ICC Men’s Cricket World Cup amidst 28 percent GST

Mobile Premier League announced 350 layoffs, Rush Gaming Universal let go of 55 people, Spartan poker fired 125 people and real money gaming platform Fantok suspended operations.

On July 11, the GST Council decided to impose 28 percent tax for online gaming. On August 2, Finance Minister Nirmala Sitharaman clarified that the 28 percent tax will take place from October 1.

Pernod Ricard faces CCI probe

The brand and the retailers entered into a ‘Royal Stag Agreement’ to make sure that the brand got 70 percent share of shelf space, a media report cites. (Image source: Moneycontrol)

The domestic drinks brand Radico Khaitan alleged that Pernod Ricard India colluded or conspired with the retailers in Telangana of offering them ‘additional discounts and benefits’ if priority and favouritism was given to Royal whisky brand over 8PM whisky brand.

The Derma Co. clocks Rs. 350cr ARR; becomes second brand by Honasa after Mamaearth to achieve this

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)

The Derma Co. has achieved Rs. 30 Cr. monthly revenue in 41 months of its inception, outpacing Mamaearth, Honasa Consumer Limited’s flagship brand.

Google begins automatic migration from Universal Analytics to Google Analytics 4

. Philipp Schindler, Google’s senior vice president and chief business officer, stated that recent organizational restructures were geared towards enhancing the efficiency of its services, as per reports (Representative Image: charlesdeluvio via Unsplash)

Since July 1, Google has been replacing Universal Analytics with Google Analytics 4, its upgraded version. And, since that date, the properties of Universal Analytics stopped processing data.

Meta to introduce Meta Verified, WhatsApp flows and support UPI apps in India

Facebook daily active users were 2.11 billion on average for December 2023, an increase of 6 percent YoY and monthly active users (MAUs) were 3.07 billion as of December 31, 2023, an increase of 3 percent YoY. (Image sourced from Moneycontrol)

Mark Zuckerberg said that India is leading the world in terms of how people and businesses have embraced messaging as the better way to get things done.

Truecaller unveils new brand identity, upgraded AI features for fraud prevention

As part of this refreshed identity, Truecaller users also get a powerful new anti-fraud feature called Search Context, as a part of the Truecaller AI Identity engine. While looking at the search results for any number, Truecaller users will be instantly notified if the name for the number has been recently changed or is being changed frequently.

The overall design maintains the signature ‘True blue’ colour with an icon that establishes a distinct identity, thereby protecting users from copycat and imposter apps.