Business Today India - October 29, 2023

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Highlights of Business Today 29th October 2023, issue: India’s $3-billion online gaming industry was growing smartly, with reports pegging it at $8.6 billion by FY27, growing at a CAGR of 27 per cent. But the GST Council’s decision to bring all real-money online gaming under a blanket 28 per cent GST has slammed the brakes on its growth. Can these firms emerge from this massive crisis, or will they fold under the burden? Find out in the latest issue of BT. Plus, read about the renewed IPO activity seen in the equity markets, and the reasons behind it. Also find an interview with Irdai chief Debasish Panda, who talks about the insurance regulator’s focus and plans. All that and more in the latest issue of BT. Grab your copy today

A HARD RESET

New CEO Arjun Mohan has hit the ground running at Byju's, beginning a painful restructuring that the firm hopes will set its house in order

4 mins

Good Run to Continue

After a healthy Q1, the earnings momentum is expected to continue for India Inc. in the second quarter of FY24

3 mins

Bond Challenges

The inclusion of Indian government securities in JPMorgan's emerging markets index, although positive, needs to be monitored closely

4 mins

India Bet

After entering the Mumbai market, Uniqlo plans to expand further and price its products more competitively

1 min

FESTIVE CHEER

High frequency indicators like GST revenues and core sector data indicate that Indians may splurge on shopping this festive season

2 mins

AI ON THE CLOUD

Betting big on its expertise in cloud services to train generative Al models, Oracle has bagged contracts worth $4 billion

2 mins

THE GAMING TAX-TANGLE

THE $3-BILLION INDIAN ONLINE GAMING INDUSTRY CAUGHT THE EYE OF THE WORLD. BUT THE 28 PER CENT GST ON REAL-MONEY GAMING HAS BROUGHT ITS DREAM RUN TO A SCREECHING HALT

8 mins

IT'S IPO' CLOCK AGAIN

AFTER A SUBDUED BEGINNING TO 2023, THE IPO MARKET HAS SEEN HEIGHTENED ACTIVITY IN THE PAST COUPLE OF MONTHS. CONSIDERING THE STRONG PIPELINE, THERE'S HOPE THIS MAY CONTINUE FOR SOME TIME YET

9 mins

COURTING Cipla

PHARMA MAJOR CIPLA HAS GENERATED CONSIDERABLE INTEREST FROM PRIVATE EQUITY PLAYERS. WHAT MAKES IT SUCH AN ALLURING PROSPECT, AND WHAT DOES THE FUTURE HOLD FOR THIS STORIED COMPANY?

8 mins

"The central theme of the reforms is to protect policyholders' interests"

Debasish Panda, Chairperson of Irdai, talks about what the insurance regulator would need to do to make it easier for insurance companies to serve customers better

7 mins

WhatsApp's India Business Bet

WhatsApp's 400 Million Users In India, The Highest In The World, Is Its Biggest Monetisation Opportunity. But WhatsApp's India Revenue Performance Has Lagged Countries Like Brazil. Will It Change Now?

6 mins

SOAPS IN A SOUP

ONCE KNOWN TO RUN FOR YEARS, PRIMETIME SERIALS-THE BACKBONE OF GECS-ARE STRUGGLING WITH DECLINING VIEWERSHIP DUE TO OTT AND SOCIAL MEDIA

8 mins

PICK AND SAVE

WITH CREDIT CARDS BECOMING INCREASINGLY COMMON, PICKING THE RIGHT ONE IS PARAMOUNT FOR MANAGING YOUR FINANCES EFFECTIVELY, AND ULTIMATELY ENHANCING YOUR FINANCIAL HEALTH

5 mins

SLENDER HEAVYWEIGHT

The iPhone 15 Pro Max stands out as a remarkable flagship, with enhanced performance, user-friendliness, and premium build quality

2 mins

A BIG UPGRADE

While the iPhone Pro line-up usually hogs the limelight, this year the non-Pro variants have been the talk of the town after inheriting features from last year's Pro models

1 min

THE TRANQUILITY OF FOOD

Apart from discovering the culture of a new place through its cuisine, Faiz Shakir of cloud computing company Nutanix cherishes the inspiration every new destination gives him

2 mins

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Business Today is a weekly business magazine published by Living Media India Limited. It was founded in 1992 and is the largest-circulated business fortnightly in India.

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