Esports

COLOGNE: The Central European division of Universal Music Group (UMG) have announced a multi-year partnership with ESL Gaming, the world’s biggest eSports company that will be managed out of UMG’s Berlin headquarters.

The aim of the agreement is to exclusively help Universal discover and promote new artists through ESL’s global tournaments and channels. In an industry first, UMG will partner with ESL to create the ultimate destination for gaming and music fans alike to experience the official soundtrack of the world’s esports leagues and tournaments. 

Jul 27, 2023 19:07
MUMBAI: Over 45 video game companies in India, representing the games industry in the country, have written to the Prime Minister's Office, Ministry of Electronics and Information Technology, and the Ministry of Information and Broadcasting in a joint letter to address the ambiguity surrounding 'online gaming', drawing a clear distinction between video games and real money gaming/ fantasy sports.
Jul 27, 2023 19:07
New Delhi, July 27, 2023: S8UL Esports and its co-founder Naman Mathur aka Mortal, will once again be carrying India’s flag on the international stage after being nominated as the country’s sole representatives for the Global Esports Awards 2023.
Jul 24, 2023 19:07
NEW DELHI:In the recently conducted 50th meet of the Goods and Service Tax (GST) Council in New Delhi, it was announced that 28% GST will be levied on the full value of online gaming, horse racing, and casinos. Further, the GST Council further agreed that there should be no distinction between a 'game of skill and a game of chance.'
Jul 21, 2023 19:07
MUMBAI:  Top global and Indian investors who have asked Prime Minister Narendra Modi to reconsider India’s recently announced taxation on online gaming, saying the “onerous tax regime” will lead to a write-off of $2.5 billion and loss of 1 million direct and indirect jobs.
Jul 14, 2023 15:07
NEW DELHI: Indian online gaming firms planning to relocate overseas to avoid a new 28% tax on the sector run the risk of violating the country's foreign exchange laws, Vivek Johri, head of the indirect taxes' department, said on Thursday. New Delhi does not plan to implement the tax retrospectively, he said, in response to speculation it could do so, a report in newswire Reuters said.
Jul 14, 2023 15:07
AMSTERDAM: -Electronic Arts Inc. has unveiled its first product under the new EA SPORTS FC™ brand, EA
Jul 14, 2023 15:07
BENGALURU: S8UL, an esports and gaming organization has announced its first-ever gaming fest, an event dedicated to its passionate fans from all over the country. Sponsored by Lenovo and Intel, the S8UL Gaming Fest which is in partnership with The Esports Club, promises to be a thrilling two-day extravaganza from July 29-30 in Bengaluru.
Jul 13, 2023 19:07
MUMBAI: The government is likely to send fresh tax demand notices to 40 online gaming companies, people associated with the matter told The Economic Times newspaper. According to a report in the newspaper, the GST authorities will be acting on this following the hike in the tax rate to 28% on online gaming.
Jul 12, 2023 19:07
NEW YORK: PepsiCo has announced a new multi-year global partnership with EA Sports making three of its flagship brands -- Pepsi, Gatorade, and Lay's -- new partners of the hotly-anticipated football gaming property, EA Sports FC.
Jul 12, 2023 19:07
MUMBAI: Shares of Delta Corp slumped 23% to Rs 190 today against the previous close of Rs 246.80 on BSE. It opened lower at Rs 222.15 on BSE.