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GST) in FY23 and FY24 up to October, Minister of State for Finance Pankaj Chaudhary informed the Rajya Sabha on Tuesday, December 5. The update from the minister has received mixed responses from the eGaming sector.

Microsoft's $69 billion deal to buy "Call of Duty" maker Activision Blizzard was legal under competition law, in their latest attempt to stop the deal. Microsoft closed the deal, originally proposed in January 2022 as the biggest acquisition in the history of the gaming industry, on Oct. 13 of this year after obtaining the approval of British regulators.

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By Steve Gorman and Helen Coster

In order to make the process more accessible and streamlined, Lok Adalats, in conjunction with the traffic police, will establish dedicated help desks at all the district courts across the country. These help desks will help individuals with pending traffic violation cases who seek to settle fines or address related concerns.

ABFRL), on Wednesday announced a joint venture with high-end Parisian footwear brand Christian Louboutin, strengthening its play in India’s small but growing luxury goods market. This collaboration envisages the transfer of the current Indian business into a newly incorporated subsidiary of ABFRL where the partners will hold equal stake. The move follows ABFRL’s 2022 announcement to bring luxury department store chain Galeries Lafayette to India via large stores and a dedicated e-commerce platform.

Rapido also aims to expand across India by the middle of 2024, said company’s co-founder Pavan Guntupalli. The aggregator company enjoys 60% market share in bike taxis, Rapido plans to expand its footprint with "the pan-India launch of Rapido Cabs, introducing an initial fleet of 1 lakh vehicles," as per the release.

Twitch, the popular video streaming service, will shut down its services in South Korea next year, the company said on Tuesday, after struggling for years with the high costs of operating in the country. Twitch was once one of the most popular platforms for gamers in South Korea, even as it competed with domestic services like AfreecaTV and giants such as YouTube, analysts say. The service, owned by Amazon, draws about 35 million visitors a day worldwide, according to the company.

As of late, the Commodity Futures Trading Commission (CFTC) has adopted a resolute position against Binance, which is the biggest cryptocurrency exchange in the world. As the former Chief Executive Officer of Binance, Changpeng Zhao (CZ) has resigned from his position after entering a guilty plea to charges that include violating anti-money laundering laws in the United States. Binance has agreed to pay penalties totaling more than $4.3 billion as part of a deal with the authorities in the United States. Among them is the personal contribution of fifty million dollars made by Zhao. This case exemplifies the dedication of the Commodity Futures Trading Commission (CFTC) to enforce trading restrictions in the United States, especially against firms that let consumers in the United States to trade unregistered bitcoin derivatives.

World Cup hero has stated that he plans to continue entertaining fans until he “can't walk anymore". "The IPL will probably be the last tournament I ever play, as I will play the IPL until I can't walk anymore," ESPNcricinfo quoted Maxwell as saying at Melbourne Airport on December 5. "I was talking about how good the IPL has been to me throughout my career; the people I've met, the coaches I have played under, the international players that you get to rub shoulders with, how beneficial to my whole career that tournament has been." Returning from India after a week's rest, Maxwell is set to lead Melbourne Stars in their Big Bash League opener against Brisbane.

Instagram typically notifies users of such actions both within the app and via email. However, users reporting this particular glitch have not received any communication from the company regarding the issue. As highlighted by The Verge in their report, nearly a year's worth of videos, spanning from June 2013 to October 2014, have encountered a loss of audio on Instagram.

₹1 lakh crore mark for the first time. As on date, 397 companies have listed on NSE Emerge with fund raising of more than ₹7,800 crore.

Elon Musk-led artificial intelligence startup xAI is looking to raise $1 billion in funding from equity investors, according to a document filed by the company with the US Securities and Exchange Commission. The document also noted that xAI has already raised about $135, without disclosing the names of those investors.

Mint reported that Delhi’s Chief Minister Arvind Kejriwal’s daughter Harshita became a victim of an online scam. She tried to sell an old sofa set at an online second-hand marketplace but was, instead, duped at ₹34,000. Several such cases have come to the fore of late.

Navadhan has raised $5 million (Rs 40 crore) in its pre-series A round of funding led by Prime Venture Partners. Existing investors Gemba Capital and Varanium NexGen Fintech Fund also participated in the round. Founded in 2019 by senior financial services and banking executives, the Mumbai-based company had previously raised around $2.8 million over two seed rounds.

Perfios, which provides technology services to financial institutions, is starting to see demand from human resource (HR) firms and ecommerce enterprises, said its chief executive, Sabyasachi Goswami. “There are our onboarding and decisioning (decision-making) capabilities being used in HR and ecommerce industries…These (adjacent industries) can be very significant (opportunity), provided we focus on them,” Goswami told ET.

₹40 crore) in a pre-Series A round led by Prime Venture Partners. Existing investors Gemba Capital and Varanium NexGen Fintech Fund also participated. The new funds will be used to enhance the company’s AceN tech platform, which connects small, rural businesses with NBFCs and banks, and scale up its distribution and service delivery model, the startup said.

(Reuters) -Cybersecurity firm SentinelOne (NYSE:S) on Tuesday forecast third-quarter revenue above Wall Street estimates and raised its annual revenue outlook, as cybersecurity spending remains strong.

Investing.com — The Dow closed lower Tuesday, but downside momentum was curbed by rising tech stocks as Treasury yields fell after data showed labor demand fell to a two-year low.

Box (BOX) shares dropped more than 11% after-hours today following the company’s reported Q3 results, with EPS of $0.36 coming in worse than the consensus estimate of $0.38. Revenue grew 5% year-over-year to $262 million, missing the consensus estimate of $262.37M.