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In Primeshots today: MPL cuts headcount; setback for Vi and Adani in 5G rollout; and TRAI seeks advice on free channels.

When the government of India announced the tax on Tuesday, it stunned the US$1.5 billion online gaming business, which has grown in popularity

Very likely that they will be able to succeed in an appeal.- very likely that they will be able to succeed in an appeal. thank you very much- — and staying with games. the indian government has decided to impose a 28% tax on online gaming. experts say it poses an "existential threat" to the booming industry and could spell its "death knell". shares of indian online gaming platforms and casinos have crashed following the decision by the gst council (goods and services tax council). our india business correspondent nikhil inamdar explains. one of the industry associations that i spoke with sai...

NEW DELHI (Reuters) -India's government on Tuesday said it would impose a 28% tax on funds that online gaming companies collect from their customers, in a blow to the $1.5 billion industry that has surged in popularity and attracted foreign investment. Finance Minister Nirmala Sitharaman said the decision to impose tax on the total amounts gaming companies collect was taken after consultation with states, and the intent was not to hurt the industry. Roland Landers, CEO of The All India Gaming Federation, said the decision was "unconstitutional (and) irrational".

But others don't think he's toxic. that's the whole point. the republican party is moving into this world where elon musk stands for what they stand for culturally. so it makes perfect sense that ron desantis would go there. but the thing that i'm thinking about is when we say voters aren't on twitter, voters aren't anywhere. this media landscape is so different. it's not the old days where everyone was watching the same three broadcast news networks at night. now, everyone is on gaming platforms or social media platforms. all that matters is can you plan a message that can go viral and break ...