TRENDS
Asian Games 2023: PT Usha expects India to better 2018 medal tally as cricket makes return
The medal tally is expected to reach 100 during the competition this year, say experts who are pinning their hopes on athletics as well as cricket. The IOA president said India is sending its largest contingent and believes the squad has the potential to get the country its best medal haul.
TRENDS
MotoGP enters Bharat for a 7-year long stint as it bets big on growing bike market in India
The India competition is now a part of the 20 races held across Europe and North America every year. Experts expect the high-speed world record of 366.1 Km/hour to be broken at MotoGP Bharat.
BUSINESS
iPhone 15 draws interest but high price of Made-in-India phone a letdown for customers
While there were expectations among customers of lower pricing for iPhone 15 since it is made in India, experts note that Apple's strategy of assembling in India was never about selling phones at a lower price point but about establishing India as an export hub for Apple.
BUSINESS
Apple iPhone15 will remain pricey in India but expect discount on older models
Contrary to expectations of a price drop, the prices of the Pro models have gone up. However, the price of the basic model is largely unchanged from last year.
TRENDS
Cricket World Cup to drive festive advertising, spends to grow 15%
Ad spends for sports-related advertising could reach Rs 9,000-10,000 crore this year, with cricket accounting for the lion’s share
TRENDS
IPO-bound Yatra bets on travel boom, freight
Within travel, domestic aviation is the key driver, said Dhruv Shringi, chief executive officer, Yatra Online. He added that changing behaviour of customers, which is largely moving online, has also led to growth in the travel sector.
BUSINESS
SC ruling on Gameskraft GST case could decide fate of India's real-money gaming industry
The skill-based gaming industry, which will now pay higher GST, will be further hit if the Supreme Court ruling is unfavourable, making them pay retrospective GST liabilities.
TRENDS
Jawan sets many records at box office, sees no impact due to G20 Summit restrictions
So far, the film has made four box office records in four days of its release with the latest being the fastest Hindi film to collect Rs 500 crore globally
TRENDS
SRK's Jawan set to pip Pathaan as biggest film of 2023, sees strong traction in South
Theatres see positive impact on Hindi box office, with more films targeted at the mass audience to be released this year
TRENDS
IMAX’s India blockbuster: To surpass 2022 box office numbers, scope for 100 screens
Nine of the top 10 highest-grossing films in India for IMAX this year were Hollywood films. Christopher Nolan's Oppenheimer had the highest traction with over Rs 40 crore, followed by Avatar: The Way of Water.
TRENDS
Free Fire's return expected to spark 30% growth in Indian esports: Experts
The esports industry is expecting Free Fire India to break new viewership records and add newer gamers as well as audience base for the game as it makes a comeback after over a year-long ban in India.
TRENDS
PVR Inox expects blockbuster Q2 after record footfalls, collections in August
The multiplex operator on August 15 recorded 13 lakh footfalls and a gross box office collection of Rs 41.4 crore, its highest-ever admissions and collections for a single day
TRENDS
Garena brings back Free Fire, says data security and players safety in place
Garena has tied up with Yotta, which will provide local cloud hosting and storage infrastructure and manage the data of Indian users on local servers
TRENDS
Theatres flooded with enquiries for Jawan’s advance booking, expect sold out shows
Film exhibitor and distributor Brijesh Tandon pointed out that for Jawan cinemas in the Hindi belt are expecting more business than Pathaan, the highest grosser of 2023 with Rs 543 crore collections in India.
BUSINESS
Diwali travel woes: Airfares rocket by up to 89% on major routes
Demand, capacity constraints, and trends paint a complex picture for Diwali travel.
TRENDS
After an 88.17 m javelin throw, Neeraj Chopra set for a 25-brand high jump
Chopra’s brand endorsement to increase to 25 by year-end. He is a new entrant with a brand value of $26.5 million in the list of the top 25 most valuable celebrities in India. In fact, in the last two years, he is the only athlete whose brand value has scaled up by 200%.
TRENDS
Pickleball gets Bollywood backing as writer-director Shashank Khaitan bets big on the sport
The paddle sport which has already got the attention of many international celebrities including Selena Gomez, Leonardo DiCaprio is now getting traction from Indian celebrities.
TRENDS
Closely looking at rural tourism; focus is on MSMEs, says Hotel Association of India
It is important to create more destinations otherwise the pressure on existing ones will be such that they will become unsustainable, said MP Bezbaruah, Secretary General of Hotel Association of India (HAI)
TRENDS
PVR Inox set for record turnaround as Q2 to emerge as best period for Hindi films post-Covid
Hindi box office is estimated to grow 20 percent in Q2 FY24 versus pre-Covid level towards Rs 1,200 crore, surpassing the June quarter of financial year 2023.
TRENDS
Celebrity endorsements on TV drop 10% in 2023, Akshay Kumar the most visible star
Akshay Kumar emerged as the most visible star on TV for ads, with an average visibility of 31 hours per day across all channels, followed by Amitabh Bachchan at 21 hours per day.
TRENDS
Independence Day weekend sets box office momentum with highest single-day collections
The combined collections of Rajinikanth-starrer Jailer, Sunny Deol's Gadar 2, OMG 2 staring Akshay Kumar and Telugu language film Bhola Shankar touched the Rs 100-crore mark on August 15.
ECONOMY
G20 Summit: Delhi’s hotel occupancy expected to be at a decadal high of 70-72%
Delhi G20: Capital’s most premium hotels including Taj Mahal, Taj Palace, ITC Maurya Sheraton, Le Meridien, Shangri-La, The Lalit, Imperial, Oberoi, and Leela have already closed availability for almost all dates between September 6-11.
TRENDS
Jasprit Bumrah’s endorsement portfolio set to grow with his comeback, 50% uptick in brand deals
Brand enquiries are increasing with all the excitement around Bumrah especially with the top pacer saying that his objective has always been to prepare for 50-over games such as the Asia Cup, which starts on August 31 and the World Cup, which starts on October 5.
TRENDS
ASCI tightens noose around health and financial influencers, asks for disclosure of qualifications
The ad regulator said that health and financial influencers must disclose their qualifications and registration details on relevant endorsements in their content prominently
