Page 34 - Gaming

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

Conversion via gaming app: Tech-savvy accused changing locations frequently

It is also being suspected that Khan has been frequently changing his address, and making calls to people though Internet, and not the conventional telephonic route

Porsche Design AOC Agon Pro Gaming Monitor launched in India at Rs 2,34,990

Porsche Design and AOC have introduced the first gaming monitor in India especially designed for gamers and content creators

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

ED raids on foreign-registered online gaming portals at 25 locations

The federal probe agency said the raids led to the finding that these online gaming companies and websites were registered in small island countries like Curacao, Malta and Cyprus

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

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

Online gaming unicorn MPL forays into Africa, launches its app in Nigeria

MPL, which became a unicorn in 2021, has partnered with Africa's gaming publisher Carry1st to launch in the continent

Asus ROG Phone 7 series gaming phones go on sale at Vijay Sales: Details

The vanilla edition in the ROG Phone 7 series is offered in 12GB RAM and 256GB on-board storage at Rs 74,999. Its Ultimate edition is offered in 16GB RAM and 512GB on-board storage at Rs 99,999

Microsoft launches PC Game Pass service in 40 new countries: Details here

PC Game Pass is now officially available in countries across Europe, North Africa, and the Middle East, including Croatia, Iceland, Libya, Qatar, and Ukraine

The Gaming Industry is on a Winning Streak

India's gaming industry booms with young, affluent smartphone gamers, new genres. Growth to US $8.6B by FY27.

MG Motor ties up with gamer to design Comet EV for tech-savvy GenZ group

The EV is set to be unveiled in India on April 19; likely priceL Rs 10-15 lakh, ex-showroom

Fantasy gaming revenue to go up 25-30% during ongoing IPL: Redseer report

Transacting users in this IPL is expected to grow by 25-30 per cent, with 60-65 per cent of them coming from tier-II cities and beyond

NODWIN Gaming's Singapore subsidiary acquires 51% stake in Branded

Branded also produces It's A Girl Thing, an empowerment platform and touring festival for young women and Creator World, one of Asia's newest event platforms for young influencer

Meta's Facebook to let you play games during video calls on Messenger

The tech giant said that there are 14 free-to-play games available in Messenger video calls on iOS, Android, and the web, with no installs required

STT hike to GST appellate tribunal: Key takeaways from Finance Bill 2023

Finance Bill 2023: Debt funds with less than or equal to 35 per cent invested in equity shares will be taxed at the investors' income tax slab and treated as short-term capital gains

Paid competitive gaming growing 6x faster than overall mobile gaming: RPT

A report on Friday showed added that consumer spending on games has gone up by around 40 per cent in the last three years

Right taxation, regulation to help make India a gaming hub: Report

The online gaming sector is a rapidly growing industry that has potential of contributing significantly to the country's goal of becoming a USD 1 trillion digital economy, generating substantial employment, and fostering innovation, a report said. Regulation of online gaming will not only open up economic opportunities but also address various social issues, a report titled 'Online Gaming in India: The Taxation Quandary' by Primus Partners said. Announcements in Union Budget 2023-24 are positive for the sector as it has addressed the persistent ask to incorporate the offset of losses in the calculation of gains from online games for income tax, it said. A pertinent issue relating to the implementation mechanism proposed in the Union Budget for TDS (Tax Deducted at Source) on online games has been highlighted in the report. "The issue has arisen due to amendments to section 194B under which online gaming is currently covered from April 1, 2023 and the separate provision on online ..