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MPL REVENUE NEWS
MPL to slash local workforce as real-money gaming ban wipes out India bizAs a group, India accounted for 50% of Mobile Premier League (MPL) parent M-League's revenue and this change would mean that we will no lon...
India’s online money gaming ban faces first legal challenge as A23 owner moves Karnataka HCHead Digital Works, the parent company of A23, has challenged the Promotion and Regulation of Online Gaming Law, 2025, in the Karnataka Hig...
Paytm to go slow on small-ticket loans; MPL's FY23 report cardPaytm will scale down its Postpaid business as recent regulatory hurdles have prompted a strategy rethink at the payments firm. This and mo...
Communications industry leans on AI for driving revenueWith implications and implementations in various fields, generative intelligence and machine learning use cases are likely to impact the $8...
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...
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...
CCI studies 'ecommerce nexus’; IT workers trickle back to officeCompetition Commission of India is studying documents found during the raids that suggest financial dealings between the ecommerce majors a...
Why PharmEasy bought ThyrocareIn today’s ETtech Morning Dispatch: The rationale for the Pharmacy-Thyrocare deal, according to their promoters; Mobile Premier League (MPL...
Manali Petrochemicals records its best annual performance in FY 20-21The petrochemical manufacturing company that is part of AM International - Singapore recently announced its annual results for FY20-21 wher...
SoftBank, Alibaba could dilute Paytm stakes ahead of IPOValuation may depend on revenue growth, regulatory clearances
Tiger mints another unicornAlso in today's ETtech Top 5 newsletter: Chargebee becomes unicorn after Tiger Global funding; Mobile Premier League buys GamingMonk in onl...
Lockdown bluesHarsh lockdowns have brought e-commerce to a halt in some states, which means that while overall demand for online shopping is still up, it...
ETtech Deals Digest: MPL’s ~$1 billion valuation, Accenture-Imaginea deal, Startups and ESOPsMobile Premier League (MPL) has raised $95 million at $945 million. Accenture has acquired Imaginea in Cloud First push. A handful of India...
ETtech Morning Dispatch on Feb. 5, 2021: The Delhi Police-Greta Thunberg-Twitter TrainwreckDelhi Police files FIR after Greta Thunberg tweets farmers' protest 'toolkit'. Pandemic hiring at Indian startups. Uber, Ola and Meru mean ...
ETtech Evening Briefing on Feb. 4, 2021: BigBasket rebounds, Elon Musk backs Dogecoin, Greta Thunberg meets NoidaBigBasket says it recorded a 36% jump in revenue in 2019-20. Ixigo acquires ticket-booking platform Confirmtkt. Elon Musk breaks Twitter ex...
Govt mulls guidelines to regulate TV advertising by online gaming companiesIn India, gaming is regulated by states. Games of skill are permitted while games of chance are considered gambling. While some states allo...
Strong resurgence in advertising spreads cheer for TV broadcastersExecutives across TV networks and media agencies said that even fence sitters have resumed spending during the festive season.