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Anil Ambani-led Reliance Games to incubate and invest in gaming startups

“For incubators, we want to look at India as the first starting point,” said Manish Agarwal, CEO of Reliance Entertainment.




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This new feature could make 'Super Smash Bros' the game of the year

There's no better game to play with friends than "Super Smash Bros." And it's about to get even better.




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Got a Crush on Candy Crush? You Can Soon Wear It Developer of world’s most popular game signs licensing deal with Dream Theatre

King Digital Entertainment Plc, owner of Candy Crush, has signed an exclusive licensing deal with Mumbai-based Dream Theatre, to license and sell Candy Crush branded products across South Asia.




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Rovio Entertainment,owner of the Angry Birds franchise, aims to become default app on India smartphones

Rovio’s India head also said that the company wants to have its own retail store where it can sell Angry Birds merchandise such as shirts and stuffed toys.




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Indian gaming and mobile app startups leveraging cloud

The mobile app development companies as well as independent developers are leveraging this to pitch their apps into the market.




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Gaming firm Nazara Technologies signs up Credit Suisse to raise up to Rs 640 crore

Nazara Technologies has mandated investment bank Credit Suisse to raise Rs 480-640 crore, the largest capitalraise in India’s still nascent mobile gaming industry.




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Toonz Animation ties up with Gummybear International

Toonz Animation, the flagship division of leading content company Toonz Entertainment, has signed a major deal with Gummybear International Inc.




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Star Chef - India's most successful mobile game developed in Udupi

With 35% users each in the US and Asia Pacific region and the remaining in Europe, 99Games is one of the first Indian gaming studios to hit this success.




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Gaming startup MadRat develops wear and play platform for kids

MadRat has developed an interactive suit designed to encourage children to venture out and play even within the restrictive confines of housing complexes.




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Now mobile games based on ACK and Tinkle characters

ACK has roped in game developer Nazara Games to develop mobile games based on ACK and Tinkle characters, and the games would be launched in the next six months, said Mohan.




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NVIDIA to expand gaming footprint in India, add 100 gaming cafes this year

There are nearly 100 such gaming cafes currently and less than 1000 non-exclusive cafes, said Vamsi Krishna, Head of Consumer Marketing, South Asia, NVIDIA.




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Rotomac case: I-T dept files 6 charge sheets against Vikram Kothari

The Kanpur-based group is being probed by the CBI and the ED in connection with the alleged swindling of Rs 3,695 crore of loan funds.




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CBI court rejects bail plea of Rotomac owner Vikram Kothari

The court considered the facts and found that he was not entitled for interim bail on the said grounds.




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German brand Lamy partners Dilip Doshi

Lamy products will be imported from Germany and will be sold at price-tag starting Rs 900 onwards.




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CBI has quizzed six officials of Bank of Baroda in connection bank fraud involving Rotomac case

The total outstanding amount, according to the agency, is approximately Rs 3695 crores. The agency had sealed the office and house of Vikram Kothari’s residence, in New Delhi.




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CBI files chargesheet in Rotomac case

The agency filed a chargesheet in the special court Lucknow dealing with Rs 456.63 crore loan of Bank of Baroda as the probe into remaining amount is continuing, officials said, adding that more chargesheets would be filed in the case




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CBI gets one-day transit remand for Rotomac owner Vikram Kothari, son

The court allowed a day's transit remand for both the accused, who were arrested on Thursday for alleged default on loan repayment.




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Rotomac scam: How Vikram Kothari used virtual offices, round-tripping to dupe banks

Rotomac violated FEMA rules and worked for interest rate differential in local and foreign currency in the guise of trade without having any genuine business transactions.




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Rotomac loan default swells to Rs 3,695 crore, CBI files case against Vikram Kothari

Earlier, the loan default was estimated at over Rs 800 crore but scrutiny of documents by CBI revealed that the amount is much larger.




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Vikram Kothari, Rotomac promoter raided by CBI: Live Updates

After Rs 11,360 crore PNB scam , another ace businessman - Vikram Kothari from Kanpur -has been accused of defaulting on repayment of more than Rs 800 crore loans from five government banks




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Boutique Living to be a Rs 500 cr brand in 5 years: Asim Dalal, MD, Indo Count

The Rs.13000 crore domestic bed linen market is expected to be more than Rs 19,000 cr market by 2021 and there is a scope for us to explore the domestic market at this point in time.




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Looking to double the number of retailers to 4K in two years: Rahul Gautam, MD, Sheela Foam

"We have 2,200 exclusive dealers or retailers and therefore what has worked well for us is this exclusive chain right from manufacturing to the consumer."




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Kohler sees India among its top 3 global markets

Kohler would enhance its sales network in the domestic markets by having presence in 200 towns in next three years and become a 1,000 store company in next five years.




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Bombay Dyeing to infuse new life into retail arm

PwC, Microsoft, KPMG & EY to help business turn profitable by next fiscal.




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Parryware to supply bathroom products for Patanjali projects

As part of this association, "Parryware sanitaryware and faucets will be used for all Patanjali's upcoming projects across India," the company said in a statement.




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Jaquar Group takes over Euro Ceramics Ltd’s sanitaryware plant

The company will spend about Rs 90 cr to expand and modernise the plant spread over 17 acres this fiscal, he said.




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Jaquar aims to make lighting Rs 1,000 cr business in 2-3 yrs

The capex for FY'18 is about Rs 300 crore to expand lighting and bathroom fitting plants




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HSIL eyes Rs 700 crore sales from consumer biz in 4-5 years

The company is present in built-in kitchen appliances and claims to be the number three brand in the country.




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Jaquar aims $1 bn turnover by 2022, to open 15 stores globally

The company, which aspires to be a global brand in the segment, is in the process of opening 15 exclusive brand showroom 'Jaquar world' across the globe.




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Kajaria Group ropes in Anushka Sharma to promote Kerovit brand

The Group has launched a marketing campaign including digital, outdoor, television and cinema to promote the brand, the company said in a statement.




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Eyeing Rs 2k cr in revenue, Kurl-on says partnership with IKEA will prove beneficial

"Some part of Kurl-on's business did get cannibalized with the opening of IKEA's first store in Hyderabad, but it is not a cause of worry," Sudhakar Pai, Chairman and MD, Kurl-on says.




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Bed Bath and Beyond sinks as doubts around turnaround linger

Bed Bath and Beyond has been struggling to boost sales in the face of changing consumer preferences towards online furniture retailers such as Wayfair Inc.




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Bed Bath & Beyond shakes up board amid investor pressure, co-founders step down

Shares of the New Jersey-based home furnishing retailer fell about 3 percent in mid-day trade.




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Wipro venture arm picks up stake in LetsShave

“We plan to rapidly expand our newly launched portfolio of Shower, Beard, Body & Electric trimmers to focus on becoming a one-stop grooming solution for men and women,” Sidharth Oberoi, CEO, LetsShave told ET.




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Appliances, electronics industry seek nod from local authorities to restart production

​​Individually, each brand is seeking more clarity and approval on the guidelines. The guidelines say that we would have to open in a phased manner. All brands are gearing up to open up, wherever, it will be permitted," CEAMA President Kamal Nandi said.




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Covid-19 fear: Electronics brands Samsung, Apple let offline stores sell online

Samsung has created an ecommerce platform in partnership with Benow.in along with mobile phone retailers across the country that will allow them to sell and deliver smartphones. Offline stores are also being used to fulfil orders placed on Samsung’s e-store for television and appliances.




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Top smartphone and electronic brands postpone production plans till lockdown ends

Several brands took the decision since both offline and online market is closed leading to piling up of inventory in their warehouses, and several of their plants falling in red zones or in states where permission has not yet been given. Some states like Tamil Nadu, Telangana and Karnataka have also decided to not provide any relaxation to industries till the lockdown ends.




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Consumer durables Q4 earnings preview: Profits may fall up to 40% on erratic sales

Most consumer durables companies in India rely on imported components. Poor input supplies since January and later closure of factories, malls, shops and offices due to the lockdown hit consumer demand badly.




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Samsung Electronics expects Q2 profit fall as virus hits sales of smartphones, TVs

"Sales and profits of set products business, including smartphones and TVs, are expected to decline significantly as COVID-19 affects demand and leads to store and plant closures globally," Samsung said in a statement.




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White goods retailers in state seek nod to restart operations

Major retail chains including Viveks, Shahs, Girias, Vasanth and Co are among the signatories of the letter, which fears job losses might start impacting one lakh of families, besides a steep drop in direct and indirect tax revenues to the state.




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Slow start to retail opening

According to officials, retail demand started to build up gradually. In some cases, people were completing prelockdown transactions and others new ones.




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Cardboard box makers shut shop due to lack of regulation, input cost hike

About a fourth of the corrugated box makers in the country are in danger of shutting down over the next few months as they are unable to pass on cost pressures to their clients.




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Ashraf ElArman appointed Managing Director of Xerox India

Documentation solutions firm Xerox today announced the appointment of Ashraf ElArman as Managing Director of its Indian unit, effective June 22.




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Ballarpur Industries in talks to sell Malaysian arm to China's Nine Dragons

India’s largest maker of writing & printing paper has been in talks with Nine Dragons for some time now. Discussions are likely to lead to a binding agreement soon, sources said.




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Printing solutions co Printo buys rival Print Bazaar's parent firm

While the financial terms of the acquisition, which was completed last month, were not shared, sources privy to the developments said the deal valued Print Bazaar at Rs 8-10 crore.




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Meet Ryan: A 7-year old boy who is the highest-paid YouTube star of 2018

The boy topped Forbes' list of "Highest-Paid YouTube Stars 2018" with an impressive earning of USD 22 million.




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AR educational toymaker PlayShifu lands $7M funding led by Chiratae, Inventus & Bharat Innovation Fund

The startup plans to use the funds raised to focus on building unique phygital interactions, new product developments and expand its retail presence from 15 countries to more than 30 countries




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Children, parents won’t let toy sales slow down

Pestering by children and parental guilt has helped the toy industry grow to $1.5 billion in the past few years.




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Toys 'R' Us makes comeback after teaming up with Target

More than two years after filing for bankruptcy, Toys 'R' Us has managed to make a comeback with the support of a competitor, just in time for the holiday season. The iconic toy brand has relaunched its website, shortly after US retail chain Target announced a partnership with the defunct brand's parent company Tru Kids Brands.




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Karnataka Bank reports Rs 40.39cr fraud by Hanung Toys and Textiles

​​H​​anung Toys and Textiles Ltd (borrowing account) dealing with the bank since 2008 had availed various credit facilities under consortium arrangement wherein, Karnataka Bank was one of the member banks, it said in a regulatory filing.