Ban-hit real money gaming companies fire 2,000 setting off a scramble for jobsNearly 2,000 employees at real money gaming (RMG) firms including MPL, Games24x7, Zupee, PokerBaazi, and Head Digital have lost jobs after ...
16 Sep, 2025, 08.39 AM IST
Layoffs shake gaming startups; Ecomm logistics' festive squeezeHappy Tuesday! The ban on real-money gaming has left over 2,000 jobless in the industry. This and more in today's ETtech Morning Dispatch.
16 Sep, 2025, 07.55 AM IST
BigBasket top brass churn; RMG ban pain manifestsHappy Tuesday! BigBasket CEO Hari Menon is expected to take a step back as part of a leadership transition. This and more in today's ETtech...
02 Sep, 2025, 07.33 AM IST
ETSA 2025 winners are here; Job cuts at MPLThe winners of the 11th edition of The Economic Times Startup Awards are here. This and more in today’s ETtech Top 5.
01 Sep, 2025, 07.58 PM IST
Gaming app MPL to sack 60% of India staff after real-money gaming ban, source saysPrime Minister Narendra Modi's government this month banned online paid games, citing financial and addiction risks especially among youth,...
01 Sep, 2025, 09.41 AM IST
Byju’s term loan gets more expensive; MPL lays off 350 post GST hitByju's quest to settle the $1.2 billion TLB feud might come at a steeper price. The embattled edtech firm might have to pony up an addition...
09 Aug, 2023, 07.41 AM IST
Read Mobile Premier League founders' note to staff on layoffsReal money gaming company Mobile Premier League (MPL) is laying off 350 of its staffers, citing increased costs due to an impending rise in...
08 Aug, 2023, 10.09 PM IST
Will request GST Council to reconsider 28% tax on online gaming: MoS Rajeev ChandrasekharAmid backlash from the online gaming industry over the imposition of 28% GST, Chandrasekhar has said he will “request the GST council for c...
17 Jul, 2023, 10.51 PM IST
ETtech Interview: Zerodha's Nithin Kamath on profits, market volatility & correction; venture funding gains momentum in generative AI sectorIndia’s largest stock broker Zerodha’s founder & CEO Nithin Kamath expects the firm's revenue and profits to expand by one-fifth in the yea...
11 Apr, 2023, 07.47 AM IST
CFOs warn about job cuts in education sector in next 6 monthsAccording to a a survey of 600 CFOs by Coupa, a Cloud-based platform, 100 per cent of CFOs in the education sector responded with "reduce w...
05 Mar, 2023, 11.10 AM IST
Angel tax: valuation rules under review; online gaming firms miffed with IAMAIThe Budget 2023-24, presented in Parliament last week, sparked fears of the government bringing foreign investors under the ambit of angel ...
06 Feb, 2023, 09.51 AM IST
Over 70 Indian startups show exit door to 21K techies, more pink slips comingAs global layoffs deepen, Indian startups are not far behind and have sacked thousands of employees in the past 3-4 months, with many more ...
30 Jan, 2023, 10.59 AM IST
2022 Year in Review | Tech firms embrace layoffs as recession fears buildAfter two years of staggering growth during the pandemic, online businesses were caught out when Covid began to fade. Russia’s invasion pro...
20 Dec, 2022, 07.50 PM IST
Over 32,000 tech workers fired in US, more than 11,000 in India till JulySince April 1 this year, more than 43,000 workers from 342 tech companies/startups have been laid off across the world and over 13% are fro...
01 Aug, 2022, 11.34 AM IST
Over 22,000 techies lose jobs in US, more than 12,000 in Indian startupsStartups now say it is much more difficult to raise new funding in this gloomy environment.
03 Jul, 2022, 11.21 AM IST
Over 50K startup employees stare at job loss as India prepares for 200 unicornsNearly 12,000 startup employees have been shown the door to date, let by companies like Ola, Blinkit, BYJU's (White Hat Jr, Toppr), Unacade...
30 Jun, 2022, 09.37 PM IST
Mobile Premier League to lay off 100 workers, exit IndonesiaFounded in 2018 by Srinivas and Shubam Malhotra, MPL offers around 70 games across categories such as daily fantasy sports, quizzing, board...
30 May, 2022, 07.28 PM IST