TRENDS
From Olympics, weddings to UPI payments, France is going all out to woo Indian tourists
Driving tourism from India to France is the facilitation of easy payments at iconic places in the French capital via UPI along with the country tapping into the destination wedding market. So it is not the Olympics alone that is attracting Indian tourists, said the India director of Atout France, the French tourism agency.
ENTERTAINMENT
Joker 2 in the pack, Warner Bros. Discovery hoping for a replay of last year’s record box-office run
The media company is looking at a strong box office business in the second half of 2024 and is also betting big on motorsports and cricket in terms of TV content.
TECHNOLOGY
Smitten by success: Record medal haul in Tokyo brings more sponsors for para athletes in Paris
The medal tally has been on a rise from one medal in 2012, to four medals in 2016 to 19 medals in 2021. For the Paris Olympics, there are around 85 athletes who have made the cut in 12 disciplines. With the a big contingent, the medal expectation is higher for which Paralympic committee of India is looking for sponsorship support.
TECHNOLOGY
We need to generate awareness about other sports besides cricket: Shooting team coach Suma Shirur
The Arjuna and Dronacharya awardee said that a lot of work needs to be done to create a sporting culture, where we teach the public that it's more about appreciating and applauding performance, not just medals.
TECHNOLOGY
Manu Bhaker hits the bullseye as brands vie for her after Olympic wins
From endorsing one brand currently, the shooting star is expected to add to her endorsement portfolio a dozen more brands.
TECHNOLOGY
Neeraj Chopra dinner to PV Sindhu match: Indian travellers shell out lakhs for the ultimate Paris Olympics experience
Sports tourism is growing faster than overall tourism in the country as Indians are making travel plans around sporting events from T20 World Cup, Wimbledon, Euro to Paris Olympics.
ENTERTAINMENT
Deadpool, Raayan marvel India box office; PVR Inox banks on Shah Rukh and Salman Khan for FY26
After a dull first quarter in FY25, it looks like there will be some respite for theatres in the second quarter with a steady release lineup.
ENTERTAINMENT
Movie tickets get costly in Karnataka with 2% cess, move seen detrimental to theatre industry
In the post-Covid period, movie ticket prices have gone up by 30-40 percent on an average.
SPORTS
Centre clears Rs 11.2-cr financial assistance for Indian athletes at Paris Olympics
Minister of Youth Affairs and sports, Dr. Mansukh Mandaviya said that the government has provided assistance in terms of facilities of coaching camps along with medical equipments and other facilities at the Games.
TRENDS
Olympics drives more evenings in Paris for Indians as demand for travel, stay surges
Travelling to international destinations to watch their favourite sports and athletes live in action is a growing trend among Indians. Sporting events like the 2024 T20 Men's Cricket World Cup recorded a significant traveller traffic from India to New York. Now, Indians are heading to Paris
ENTERTAINMENT
Hardik Pandya aces beyond boundary: From signing brands to launching his own
The cricketer currently endorses 20 brands with an endorsement of Rs 2.5 crore and average deal duration ranging between 2-3 years. His brand value stood at $38.4 million last year, according to an analysis by advisory firm Kroll.
TECHNOLOGY
Xtra Spark: Meet the Indian esports team that won at the 2024 Battlegrounds Mobile India Series
Team XSpark had introduced its BGMI roster in 2019. Since then, it has has been delivering consistent performances. XSpark is owned by 28-year-old Tanmay Singh, a renowned esports player, who was also among the first players to stream the popular game PUBG, which was banned in India in 2020.
BUSINESS
'Indian 2' takes struggling box office and the common man for a ride
After Kalki which brought in the much awaited respite to theatre owners, the exhibitors counted on another tentpole film Indian 2, made on a budget of Rs 250 crore. However, star director Shankar did not live up to the expectation with the second part of the Indian franchise.
BUSINESS
Rise from the ashes: Brand Rishabh Pant’s new innings begins with the World Cup win
Pant's brand portfolio started strengthening from his recovery phase and more brands got interested in the cricketer as he came back on the field as Delhi Capitals' captain and then got a spot in team India for the 2024 T20 World Cup.
ENTERTAINMENT
As Wimbledon gains popularity in India, tennis must learn from cricket governance, says Paes
The former Indian tennis star said that all sports should take a leaf out of cricket management in India which is supporting athletes at the grassroot level.
ENTERTAINMENT
Made-in-India firm behind VFX of Kalki, Munjya has a great FY24 on soaring demand at home
Prime Focus's subsidiary DNEG had plans to list on Nasdaq. However, the plan was shelved as the markets turned volatile after the start of the Russia-Ukraine war.
BUSINESS
Clarity on GST will push job growth in gaming, firms cautious now: Primus Partners head
The online gaming currently employs 1 lakh individuals, with projections for an additional 1.5 lakh jobs by 2025. In 2021, the online gaming industry employed 40,000 individuals.
BUSINESS
Bade flops, chote hits paint a bleak picture for multiplexes; slow FY25 start for PVR Inox
Analysts in Q1 FY25 expect the sluggishness to continue once again due to lack of content. A few small surprises did bring cheer to the industry, however, big successes were a no show.
TRENDS
Ixigo bets big on tie-up with PhonePe, eyes market share gain in flights, bus tickets
Payments apps are focusing on a super-app strategy by offering high value to customers and it makes sense for them apps to offer travel as a category, Ixigo's Group CEO Aloke Bajpai has said
BUSINESS
Despite incidents of safety and discomfort, Indian travellers will not be deterred: MakeMyTrip Co-Founder & Group CEO Rajesh Magow
Magow, in an interview with Moneycontrol, said that he expects four new regional airlines to start operations in India soon, and that the likes of IndiGo and Air India are likely to launch more flights to Europe.
BUSINESS
We aim to continue outpacing industry growth in FY25: MakeMyTrip's Rajesh Magow
The company's co-founder and group CEO said the online travel platform has been cash-accretive for the last three years and has managed to increase the cash balance to around $600 million.
TECHNOLOGY
BGMI's success led India in top 5 esports markets; more acquisitions on cards: Krafton India CEO
The esports market in India is growing and Krafton is betting big on the market with more game launches, acquisitions of start-ups and growth stage companies as well penetration in smaller markets with its tournaments.
TRENDS
T20 Victory: Bumrah's bowling, Kohli's charisma to make brands fall for Men in Blue again
Cricket enjoys the largest share in India's sports endorsement market pie at 87 percent in 2023, though it slid from the north of 85 percent recorded in the previous year
TRENDS
Unviable to bring up hotels without infrastructure status: Top hospitality association President
Hoteliers are also seeking a flat GST rate of 12 percent across all rooms. Currently, rooms above Rs 7,500 tariff fall under the 18 percent GST slab.
