Month: November 2023

Online gaming companies continue to be on India’s radar: Sources

Moving on from taxes and revenues, the report also said that India’s online gamers are expected to grow at a CAGR of 5 percent and reach 53.8 crore by FY28. (Representational image via Unsplash)

The government has identified instances where online gaming companies restructured themselves to evade GST & income tax.

Is CGI in advertising becoming an overkill?

CGI has taken centre stage in the ever evolving advertising industry, inspiring brands to craft jaw-dropping, larger-than-life installations that ignite excitement about their products.

The challenge for brands seems to be breaking the clutter and not becoming a me-too brand and joining the rat race for the sake of it.

Aim to make Sweet Karam Coffee a global FMCG brand of South India, says CEO

Nalini Parthiban emphasised their growth over the past few years, stating that they now handle approximately 10,000-12,000 monthly orders, primarily through their website and app.

The well-known South Indian snack brand, Sweet Karam Coffee, based in Chennai, has recently secured $1.5 million in funding from Fireside Ventures. These funds will be allocated towards expanding their offline presence, exploring new markets, and fortifying their product range.

AI for all: Creating a safe haven for women

The Ministry of Information Technology is actively working alongside all relevant ministries for the project. (Representative image by Steve Johnson via Unsplash)

Reports from Harvard Business Review have raised an alarming truth: AI can perpetuate gender biases, reflecting our own societal prejudices.

79 percent of Indian businesses to increase investments in advertising and marketing : Amex

This year, 72 percent of Indian businesses are expecting a surge in B2B spending, which is outpacing the global average of 49 percent. (Representative Image: Campaign Creators via Unsplash)

As per a survey commissioned by American Express with the Centre for Economics and Business Research (Cebr), 68 percent Indian businesses expect to spend more on business and professional services for the rest of the year.

FMCG volumes up 8.6% in September quarter, discretionary spending up as inflation eases: NielsenIQ

Foods saw an overall value growth of 7.1%, while volumes for both grew 8.7% each in Q3 of 2022. This growth is primarily driven by products falling under the impulse (like salty snacks, chocolates, and confectionery) and habit-forming (like biscuits, tea, coffee, etc.) categories. (Representative Image: Ananthu Ganesh via Unsplash)

India’s FMCG industry saw an overall growth of 9% in the July to September quarter, with volume growth surpassing price growth for the third quarter in a row.

CNN-News18 presents India’s biggest awards on news television, ‘Indian of the Year 2023’

The ‘Indian of the Year’ title will be awarded in categories such as Business, Sports, Entertainment, Youth Icon, Rising Sports Star, Social Change, and Climate Warriors.

The distinguished panel of jurors includes renowned figures such as screenwriter and lyricist Javed Akhtar, former solicitor general of India Harish Salve, former Indian athlete and vice-president of Athletics Federation of India Anju Bobby George, chairperson of RP-Sanjiv Goenka Group, Sanjiv Goenka, and environmental activist and lawyer, Afroz Shah.

TRAI to implement digital consent acquisition system to curb spam in commercial communications

TRAI issued a direction dated 02.06.2023 under TCCCPR-2018 to all the Access Providers to develop and deploy the Digital Consent Acquisition (DCA) facility for creating a unified platform and process to register customers' consent digitally across all Access Service Providers and Principal Entities (PE).

With the implementation of digital content acquisition, existing consents acquired through alternative means will become null and void.

D2C market bustles after Mamaearth IPO blows the lid off untapped potential

Mamaearth's IPO is not just a milestone for the company itself but a guiding light for the entire D2C sector, illustrating the potential for growth and profitability in this dynamic market. (Representative Image: Markus Winkler via Unsplash)

The D2C sector is abuzz with potential IPOs, with notable companies like FirstCry and Lenskart preparing to go public.