Hyundai Motor India has invested USD 6 billion towards scaling up operations in India, as the South Korean multinational automaker completed 29 years of its presence here in the third largest automobile market.
The Indian media and entertainment (M&E) industry will grow at a Compound Annual Growth Rate of 7 per cent to reach Rs 3.07 trillion (n (USD 36.1 billion)) by 2027, a report by Ernst & Young (EY) anticipated.
If strong action is not taken, digital piracy could cost India's online video sector USD 2.4 billion in revenue and result in a loss of 158 million users by 2029, according to a joint report by Media Partners Asia (MPA), IP House, and the Confederation of Indian Industry (CII).
Global artificial intelligence (AI) spending is projected to rise significantly in the coming years, with UBS estimating a 60 per cent year-on-year increase in 2025, to USD 360 billion.
Singapore, May 5: AVPN, the largest network of social investors in Asia, today announced the recipients for funding from the AI Opportunity Fund: Asia Pacific, a USD 15-million initiative supported by Google.org and the Asian Development Bank (ADB). The organisations are receiving support to
India's screen entertainment market to reach USD17 billion by 2029, driven by digital, sustained by television and movies, according to a joint report by Media Partners Asia (MPA), IP House and Confederation of Indian Industry (CII).
India's foreign exchange reserves (Forex) rose by USD 1.983 billion to USD 688.129 billion in the week that ended on April 25, extending gains for the eighth straight week, official data released by the Reserve Bank of India (RBI) this week showed.
Ted Sarandos, Netflix's co-CEO, on Saturday said that the company's investments in India have generated over USD 2 billion in economic impact, post-COVID-19 pandemic.
Software giant Zoho has decided to put its ambitious $700 million (approximately Rs5,800 crore) semiconductor manufacturing plan on hold, which came across as a notable setback for India's efforts to build a domestic chip manufacturing ecosystem.
The film, television and online video services industry in India generated a total economic contribution of USD 61.2 billion (Rs 514 Crore) in 2024, according to a new report by the Motion Picture Association (MPA) in collaboration with Deloitte.
Prime Minister Narendra Modi on Saturday welcomed Angolan President Joao Manuel Goncalves Lourenco to India--the first such visit in 38 years--underscoring a renewed commitment to deepen bilateral ties and expand cooperation across sectors.