Business Standard

Page 2 - Esports

Is 28% GST applicable on video games, esports? Here's what ESFI says

28% GST: According to ESFI, Esports has been officially recognised as a 'sport' by the government which distinguishes it from any and all activities like iGaming like fantasy, teen patti, and rummy

Is 28% GST applicable on video games, esports? Here's what ESFI says
Updated On : 24 Jul 2023 | 11:40 AM IST

MeitY receives proposals for self-regulatory organisations in online gaming

As per the new regulations introduced in April, the government will approve the formation of three SROs responsible for certifying online games in India

MeitY receives proposals for self-regulatory organisations in online gaming
Updated On : 10 Jul 2023 | 1:15 PM IST

Rooter ties up with Reliance Jio to telecast gaming, esports content

To access the app on the home TVs, Jio Set-Top Box subscribers will be able to download Rooter directly from the JioStore

Rooter ties up with Reliance Jio to telecast gaming, esports content
Updated On : 07 Jul 2023 | 4:06 PM IST

Football: India qualify for FIFAe Nations Cup for second straight season

The tournament is considered the pinnacle event of FIFA esports among the Member Associations of the governing body of world football

Football: India qualify for FIFAe Nations Cup for second straight season
Updated On : 21 May 2023 | 6:50 AM IST

TCS best place to work in India, esports platforms make it to top list

There has been an emergence of new players, with 17 out of 25 companies debuting in the list

TCS best place to work in India, esports platforms make it to top list
Updated On : 19 Apr 2023 | 1:54 PM IST

Fantasy sports gaming revenue to reach up to Rs 3,100 cr during IPL 2023

Transacting users during IPL season is expected to grow by 25-30 per cent in 2023, with nearly 60-65 per cent of users coming from tier-2 cities and beyond

Fantasy sports gaming revenue to reach up to Rs 3,100 cr during IPL 2023
Updated On : 06 Apr 2023 | 10:30 AM IST

Fantasy Sports revenue to rise 30-35% to Rs 2,900-3,100 cr this IPL season

Fantasy sports segment revenue is expected to grow in the range of 30-35 per cent to Rs 2,900-3,100 crore during the ongoing IPL 2023 cricket tournament season over the last year, market research firm Redseer Strategy Consultants said on Wednesday. The data estimates show 6.5-7 crore users are expected to transact on gaming platforms. Redseer Strategy Consultants, Partner, Ujjwal Chaudhry said there has been large awareness around fantasy sports platforms with higher marketing spend. "We are now seeing Bollywood stars in promotion. There is now better clarity around the regulatory framework, GST. Another positive push has been from Google where it has allowed some fantasy platforms on Playstore under its pilot programme. All of these are very positive developments for fantasy sports in India. With all this we expect 20-30 per cent growth in users transaction," he said. Google has allowed apps of select fantasy sports, mainly big players like Dream11, Games24X7's My11Circle, MPL Rum

Fantasy Sports revenue to rise 30-35% to Rs 2,900-3,100 cr this IPL season
Updated On : 05 Apr 2023 | 5:42 PM IST

Ashneer Grover, wife set to launch fantasy sports app CrickPe: Report

Ashneer and Madhuri Jain are currently fighting a court case where BharatPe has accused them of swindling Rs 88.6 crore while being at the helm at the company

Ashneer Grover, wife set to launch fantasy sports app CrickPe: Report
Updated On : 27 Feb 2023 | 7:21 PM IST

Game streaming platform Loco joins Avalanche Multiverse incentive programme

Launches a subnet to offer a suite of Web3 products

Game streaming platform Loco joins Avalanche Multiverse incentive programme
Updated On : 21 Feb 2023 | 5:53 PM IST

India Gaming Show 2023 back offline after 4 years today: Details here

IGS 2023 will have several events like an exhibition, meet and greet, cosplay, product launches, product demonstrations and awards

India Gaming Show 2023 back offline after 4 years today: Details here
Updated On : 17 Feb 2023 | 11:10 AM IST

Budget 2023: Gaming industry welcomes TDS change, awaits clarity on GST

Budget 2023: The Centre has also made a distinction between 'games of skill' and 'games of chance' in the Finance Bill, signalling that both might get a separate tax structure in future

Budget 2023: Gaming industry welcomes TDS change, awaits clarity on GST
Updated On : 02 Feb 2023 | 5:59 PM IST

E-sports in India a lucrative career path in 2023, gamers positive: Experts

E-sports, or competitive video gaming, in India has witnessed a steady rise in popularity over the years

E-sports in India a lucrative career path in 2023, gamers positive: Experts
Updated On : 18 Jan 2023 | 8:05 PM IST

Esports players seek clear definition of online games during consultations

The ministry earlier this month released draft rules for online gaming for public consultation

Esports players seek clear definition of online games during consultations
Updated On : 15 Jan 2023 | 4:49 PM IST

Esports tournament platform Gamerji raises $3 mn in pre-series A funding

Funds raised will be used for the company's foray into Southeast Asian markets, starting with Indonesia and Philippines

Esports tournament platform Gamerji raises $3 mn in pre-series A funding
Updated On : 30 Nov 2022 | 11:41 PM IST

India becomes e-sports gaming hub with Valorant, BGMI tournaments

While still in its infancy compared to the US, China and Japan, investors are betting on huge growth in Indian esports -- powered by one of the world's youngest populations and cheap mobile data

India becomes e-sports gaming hub with Valorant, BGMI tournaments
Updated On : 19 Nov 2022 | 8:55 AM IST

Game streaming co Rooter to host India's biggest cricket eWorld Cup event

Tournament to run from from Oct 16 to Nov 13, coincide with ICC Men's T20 World Cup

Game streaming co Rooter to host India's biggest cricket eWorld Cup event
Updated On : 19 Oct 2022 | 4:39 PM IST

Electronic gaming can result in cardiac arrhythmias in children: Study

Computer gaming might create life-threatening cardiac arrhythmias in vulnerable youngsters whose tendency may have previously gone unreported, according to a new study.The researchers observed an uncommon yet distinct pattern in children who lose consciousness while playing video games.The findings of the study were published in the journal of the Heart Rhythm Society, the Cardiac Electrophysiology Society, and the Pediatric & Congenital Electrophysiology Society."Video games may represent a serious risk to some children with arrhythmic conditions; they might be lethal in patients with predisposing, but often previously unrecognized arrhythmic conditions," explained lead investigator Claire M. Lawley, MBBS, PhD, The Heart Centre for Children, Sydney Children's Hospitals Network, Sydney, Australia. "Children who suddenly lose consciousness while electronic gaming should be assessed by a heart specialist as this could be the first sign of a serious heart problem."The investigators

Electronic gaming can result in cardiac arrhythmias in children: Study
Updated On : 15 Oct 2022 | 12:41 PM IST

44th Chess Olympiad: How Chennai prepared for world's biggest Chess event

A total of 343 teams from 187 countries are taking part in the event, with 25 players from India participating under the mentorship of legendary Indian Chess Grandmaster Vishwanathan Anand

44th Chess Olympiad: How Chennai prepared for world's biggest Chess event
Updated On : 27 Jul 2022 | 4:41 PM IST

Stiff regulations, high taxes: Govt controls electronic sports joystick

India is a fast-growing high-potential gaming market, but per capita spends still very low

Stiff regulations, high taxes: Govt controls electronic sports joystick
Updated On : 28 Jun 2022 | 11:35 PM IST

IND vs SA 1st T20I Highlights: Miller, Rassie register historic win for SA

IND vs SA 1st T20I Highlights: David Miller and Rassie van der Dussen played brilliant innings, hitting 64* and 75* respectively to lead South Africa to their highest ever T20I chase

IND vs SA 1st T20I Highlights: Miller, Rassie register historic win for SA
Updated On : 09 Jun 2022 | 11:33 PM IST