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BENGALURU: The Cubbon Park police investigating the stampede incident that killed 11 persons including two minors during the RCB victory celebrations have registered an FIR against the RCB Franchise, DNA Entertainment Private Limited and Karnataka State Cricket Association (KSCA) Administrative Committee. RCB Franchise is accused number 1, DNA Entertainment Pvt Ltd is accused number 2 and KSCA Administrative Committee is accused number 3, according to the FIR. The suo motu FIR has been register ...Read More >
New Delhi, Dec 18 (VOICE) Gaurav Munjal-led edtech platform Unacademy recorded a loss of Rs 285 crore in FY24 compared to Rs 1,592 crore in FY23.The loss was narrowed due to the reduction in the company's expenses. The total expenditure of the company in FY24 was Rs 1,149 crore, which is 53.29 per cent less than the FY23 figure of Rs 2,460 crore. In FY24, Unacademy's expenditure on employees decreased 69.47 per cent year-on-year to Rs 340 crore, compared to Rs 1,114 crore in FY23. The reason ...Read More >
New Delhi, December 17: Fitness startup Curefit's consolidated loss has increased by 42 per cent to Rs 888.5 crore in FY24 from Rs 625.5 crore in FY23. The company's EBITDA loss surged by 123.4 per cent to Rs 587.97 crore in FY24 from Rs 263.2 crore in FY23. The reason for the increase in the company's loss in the last financial year is the high cash burn. Curefit's advertising and promotion expenditure has increased by 40.67 per cent year-on-year (YoY) basis to Rs 188.5 crore in FY24 from Rs 1 ...Read More >
New Delhi, Dec 17 (VOICE) Fitness startup Curefit's consolidated loss has increased by 42 per cent to Rs 888.5 crore in FY24 from Rs 625.5 crore in FY23. The company's EBITDA loss surged by 123.4 per cent to Rs 587.97 crore in FY24 from Rs 263.2 crore in FY23. The reason for the increase in the company's loss in the last financial year is the high cash burn. Curefit's advertising and promotion expenditure has increased by 40.67 per cent year-on-year (YoY) basis to Rs 188.5 crore in FY24 from Rs ...Read More >
New Delhi: PwC India's report, titled Global Entertainment and Media Outlook 2024-28: India Perspective, brings promising insights into the country's showbiz industry. The report reveals that Indian entertainment and media industry is projected to surpass the global growth rate of 4.6 per cent by achieving a compound annual growth rate (CAGR) of 8.3 per cent. It is on its way to reaching a market size of Rs 365,000 crore (USD 44.2 billion) by 2028. So, where does India rank globally? The United ...Read More >
Canada's Competition Bureau has filed a landmark lawsuit against Google, alleging the tech giant systematically manipulated the online advertising market to maintain its dominant position, potentially forcing the company to divest two of its key advertising technology tools. The move comes just days after US President-elect Donald Trump announced that he plans on imposing tariffs on Canada, in addition to China and Mexico. The antitrust watchdog accused Google of abusing its market power throu ...Read More >
IRVING, Texas--(BUSINESS WIRE)--Nexstar Media Group, Inc. (NASDAQ: NXST) today announced that executive management will participate in two institutional investor conferences in December. Among other topics, management will address its record financial results in 2024 to date, the impact of broadcast television political advertising on the outcome of the 2024 election, and the potential for ownership de-regulation under the new administration and how and why Nexstar could participate. A live web ...Read More >
TIPS Music, one of India's leading music labels, has received a 'Buy' rating from YES Securities as it initiated coverage on the firm, with a target price of Rs 1,050, indicating a potential upside of 18% from the current market price of Rs 888.65. Shares of TIPS Music climbed as much as 1.7% on Tuesday to Rs 888.65 on BSE. Yes Securities has valued TIPS Music at a Price-to-Earnings (P/E) ratio of 47 times based on projected earnings per share (EPS) for September 2026, reinforcing its bullish r ...Read More >
SAN FRANCISCO, Nov. 18 (Xinhua) -- The Competition Commission of India (CCI) has levied a fine of 25.4 million U.S. dollars for antitrust violations related to WhatsApp's controversial 2021 privacy policy, TechCrunch reported Monday. It also ordered WhatsApp to stop sharing user data with other Meta units for advertising purposes for five years. The CCI began the investigation in 2021, found that WhatsApp's "take-it-or-leave-it" privacy update constituted an abuse of Meta's dominant position b ...Read More >
Efficient recruitment processes are the backbone of a robust administration. In Jammu and Kashmir, the Services Selection Recruitment Board (JKSSRB) has been entrusted with the pivotal task of fulfilling recruitment needs for various Government departments. However, the delays and bottlenecks in advertising and filling nearly 3,300 posts, as discussed in a recent high-level meeting chaired by the Chief Secretary, have brought critical challenges to light. While the board has commendably selected ...Read More >
Recruitment will be through Staff Selection Commission Panaji: Amid the ongoing cash-for-job scam in the state, 1,925 vacancies are being created across government departments for which the advertising process will commence shortly through the Goa Staff Selection Commission. Officials on Sunday said that this year, so far, 36 vacancies for the post of trained English teacher in the education department have been advertised through the Staff Selection Commission and the selected candidates have ...Read More >
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