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Stock picks of the week: 6 stocks with consistent score improvement and upside potential of up to 29%At a time when there are so many headwinds for the markets, it is tough to imagine that things can get better. But sentiment is a fickle th...- Liquor stocks have macro tailwinds, but will FTAs become a problem? 6 liquor stocks with an upside potential of up to 26%Supply chain disruptions caused by the US-Israel-Iran conflict have a second-order impact on several industries. The liquor sector is no ex...
- JioStar sees early signs of ad spend recovery after GST rate changesIndustry execs project incremental ad spend of around ₹5,400 cr as festive season revives consumer demand in FMCG, durables and auto sectors
- No tax for BCCI, but 40% GST for IPL fans: Harsh Goenka slams govt's latest tax moveHarsh Goenka criticizes the new GST structure. It raises taxes on IPL tickets to 40 percent. This contrasts with the tax exemptions for the...
- Pay more for IPL matches; movie tickets under ₹100 get cheaperThe GST Council has raised tax on sporting events like IPL to 40% while easing levies on cinema tickets under ₹100, now taxed at 5%. Higher...
- GST 2.0: Watching Virat Kohli and Shubman Gill in IPL just got costlier, placed with non-essential & luxury itemsWatching IPL matches from the stadium is now more expensive due to a revised GST structure, increasing ticket prices to 40%. This places IP...
- Fantasy sports firms bet big on cricket to increase the run rateThe fantasy sports industry is banking on the ICC Champions Trophy and the IPL to drive user growth despite the 28% GST impact. Dream11 and...
- Infy’s pre-hike bonus; Ex-OpenAI CTO’s startupInfosys awards an average 80% performance bonus for Q3, ahead of annual pay hikes by March-end, sources told ET. This and more in today’s E...
- SOGI calls for 28% GST on platform fees and not deposits for Indian gaming companiesThe Skill Online Games Institute (SOGI) has urged the government to impose 28% GST on platform fees instead of deposits to prevent tax arbi...
- BCCI earned over Rs 5,000 crore extra from IPL 2023The BCCI recorded a ₹5,120 crore surplus from IPL 2023, marking a 116% rise from the previous year. Total income surged to ₹11,769 crore, m...
- AIGF estimates USD 2.5 bn GST loss from offshore illegal, betting firmsAIGF's Roland Landers urges swift action against offshore illegal betting, causing a USD 2.5 billion annual loss. Concerns include user har...
- Fantasy gaming apps' revenue jump to Rs 2,800 crore during IPL 2023 amid debate of chance and skillThe Indian Premier League (IPL) season generated a gross gaming revenue of approximately Rs 2,800 crore, with 61 million users participatin...
- Tata Digital snags founders, ecomm execs; Quick commerce scores in IPL; VerSe’s $805 million fundraise“As we grow our footprint across the country and demonstrate strength across categories, we continue to augment our team across the board, ...
- Super App may grow Westside reach by 10x, says Trent's Noel TataTata, 65, who is also the chairman of retail arm Trent and who recently became vice-chairman of Tata Steel, said inflationary challenges we...
- Sports advertising crosses $1 billion mark, contributes 12% of overall ad expenditure: ReportThe fifth edition of the report also points out that sports advertising has contributed almost 12% to the total advertising pie of Rs 61,26...
- Post GST, watching live sports will be costlierClub culture in sports - like the Indian Premier League which is a mix of entertainment and huge prize money - will attract the highest tax...
- What price for entertainment after July 1? Here's how GST will impact your fun timeIf you are from a high entertainment tax state like Jharkhand (110%) or Uttar Pradesh (60%), you will only pay 28% tax now.
- GST impact: Cars, FMCG items to get cheaper; services dearerUnder the new indirect taxes regime, likely to take effect from April 1, 2017, levy on manufactured goods will come down, while consumers m...
- Parliament logjam: Rahul Gandhi is force behind Congress’s assertivenessThe view that the Modi government should be paid back in its own coin as BJP willfully crippled the UPA through obstructionist strategies h...
- 8-10% growth, anti-poverty measures needed: Arun Jaitley on CensusJaitley said the message from the Socio Economic and Caste Census is clear that "growth and economic reforms help the poor as do targeted s...
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