Page 15 - Gaming Industry

US FTC files injunction to halt Microsoft's Activision deal: Report

The US FTC has applied for a "temporary restraining order" and preliminary injunction seeking to block Microsoft's acquisition of Activision Blizzard before the deal's July 18 deadline, media reported

Winzo created over 100,000 jobs in gig economy, 70% from tier 2,3 cities

Winzo's user base is expected to touch 450 million at the end of FY24 and it aims to take it to 700 million in the next five years

Gaming startups form two regulatory bodies; to hold talks with govt

The Ministry of Electronics and Information Technology will make the final decision on the number of self-regulatory bodies and the composition of their boards of directors

Online gaming emerging as a viable source of income in India, shows study

83% of respondents consider gaming as either a primary or secondary source of income, according to the study

Nvidia set to become first US chipmaker valued at over $1 trillion

Nvidia's shares rose about 25% last week sparking rally in AI stocks and boosted other chipmakers, helping the Philadelphia SE Semiconductor index close on Friday at its highest in over a year

Battlegrounds Mobile India available to play with new BGMI 2.5 updates

The BGMI game is live now with the new BGMI 2.5 update. The major changes include the Tropical Thrills of Nusa, check below to know more such updates.

Gaming firms hail CBDT's online gaming TDS clarifications on bonuses & sops

TDS not to apply if bonuses are used only for playing, or if net winnings do not exceed Rs 100 a month, or if balance in the user account is not sufficient to discharge tax deduction

Nazara's Nodwin Gaming raises $28 mn of equity investment from 5 investors

Funds will be utilised for IP development, geographic expansion and M&A

Gaming emerges as top violator as digital scrutiny intensifies: ASCI report

Digital ads have emerged not just as a leading violator with 75 per cent of ads processed being from the digital space, but also as the least compliant, the Advertising Standards Council of India said

One in every four ads processed in FY23 had violations by influencers: Asci

The real-money gaming industry was the most violative sector of advertisement guidelines in 2021-22, and 92 per cent of gaming ads did not adhere to the rules

Nazara Technologies joins All India Gaming Federation as principal member

AIGF represent over 150 members including online gaming companies and game developers across all formats and genres

OnMobile Global launches SaaS-based gamification platform 'Gamize'

The company said that the platform also uses methods via gamification to help customers increase users through referrals which helps keep customer acquisition costs lower

Microsoft's $69 billion Activision Blizzard deal wins EU's approval

EU antitrust chief Margrethe Vestager on Monday described the deal as 'pro-competitive' and that it would kickstart the cloud streaming market

BGMI developer Krafton's 'Road To Valor: Empires' crosses 335,000 downloads

Moreover, under 'Siege Weapons', the number of summoned units of trained auxilia in the Trojan Horse has been changed from 10 to 5

Grandma plays PubG, what's your game? Profile of gamer is rapidly changing

Women, including senior citizens, are participating in the massive spurt in online gaming in the country

Dell launches two new Alienware m16, x14 R2 gaming laptops in India

The new laptops feature the latest 13th Gen Intel Core processors and NVIDIA GeForce RTX 40-Series GPUs

Karnataka HC quashes Rs 21,000 crore show cause notice against Gameskraft

It was the biggest tax demand notice issued in the history of indirect taxes in India

Indians will spend more on online gaming than on films by 2025: EY-Ficci

Sector is growing at twice the pace of filmed entertainment, study shows

Centre likely to seek different taxation policy for games of skill, chance

The finance ministry will present its view when the GST Council discusses the report of a Group of Ministers (GoM) on online gaming, sources said

Madras HC to hear gaming companies' appeal against ban order on April 27

The Tamil Nadu Legislative Assembly twice passed the Bill to prohibit online gaming. After it was passed a second time, Governor R.N. Ravi gave his assent