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Number of Internet Users in India Exceeds 800 Million: Rural India Dominates in Key Online Activities

India has experienced a remarkable surge in the widespread adoption and usage of the Internet over the past five years. This surge, with an impressive penetration rate exceeding 55%, can be largely attributed to telecom companies like Airtel and...

Paytm Stock Crashes to All-Time Low Since Listing: Analysts Predict Long-Term Pain

Following the RBI's ban on Paytm Payments Bank's services, the share of One 97 Communications fell another 10% on Monday, February 5, 2024, settling at an all-time low at Rs 438.5 since listing. The regulatory challenges intensified with allegations...

Where Should You Consider Travelling in Europe in 2024?

We asked our knowledgeable writers to suggest the top destinations in Europe for 2024 - perhaps due to a flurry of new hotel openings, rumours of Michelin arrivals, brand-new museums, or a concerted conservation effort taking root. We heard...

Netflix’s Global Paying Users Exceeded 260 Million in 2023: Strategic Marketing Spending Paid Off

Netflix, Inc. (NASDAQ: NFLX) has unveiled its financial results for the fourth quarter and the full fiscal year, ending December 31, 2023, and the results are noteworthy. The OTT streaming giant registered a 12.5% YoY and 3.4% QoQ growth...

Google Introduces New Service Fee on Real-Money Gaming Apps in India: What Does it Mean?

Google has officially announced plans to expand the availability of real-money gaming apps on the Play Store, starting with India, Mexico, and Brazil in June this year. The significant development is accompanied by the introduction of service fees for...

Netflix Decoding India’s Streaming Landscape: Revenue Grew 24% YoY, While Profit Surged 75% YoY in FY23

Netflix is making significant strides in India's OTT streaming market, evident from its recent filing. The streaming giant reported an impressive 24% YoY growth in its operating revenue, amounting to Rs 2,214 crore in FY23, ending March 31, 2023....

Byju’s Is Racing Against Time: From Shining Star to Stinking Workplace

Byju's, India's once biggest ed-tech company, is on the verge of collapse. The company is currently grappling with a severe liquidity crisis, prompting a series of organizational shake-ups in recent months. This unfolding crisis extends far beyond the boardrooms,...

Happy Birthday King Camp Gillette: The Inventor Who Eased The Way We Shave

A man who had no background in manufacturing or metallurgy but his cutting-edge idea proved to be a game-changer in the men’s grooming industry. There was a famous Russian proverb, ‘It is easier to bear a child every year...

X Advertising Revenue Drops Nearly 40% in 2023: Can Subscription Push Fill the Gap?

Elon Musk's owned X, formerly Twitter, continues to grapple with a substantial dip in its advertising revenue. The social media platform is estimated to generate roughly $2.5 billion in advertising revenue in 2023, a nearly 40% decline from the...

Reliance and Disney Merger: A Streaming Monopoly in the Making?

Reliance Industries Ltd (RIL) (NSE: RELIANCE) and Walt Disney Co. (NYSE: DIS) are on the cusp of finalizing the largest merger in the history of the Indian entertainment industry. Authoritative sources involved in the negotiations reveal that both entities...
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Ola IPO: The Optimisation Mode is On As Two C-Level Execs Depart In Just One Month

When a company prepares for its initial public offering (IPO), it typically undergoes various transformations, often including cost-cutting measures...
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