
Krafton, the maker of BGMI, is investing $50-60 million annually in AI and Indian startups. This strategic shift comes as investments in India reach $900 million, highlighting the growing importance of consumer internet and AI technologies.
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"Krafton is leveling up its game by investing in the future!"
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Aditya Birla Group's new brand fee could generate βΉ1,000 crore yearly for its promoter entity. Starting June 1, 2026, the fee will be 0.25% of revenue from all listed and unlisted companies using the brand, capped at βΉ225 crore. This strategic move aims to enhance brand value while optimizing revenue streams across the group's diverse portfolio.
The Centre has extended the battery PLI deadline for Ola Electric and Reliance New Energy to 2031, boosting their project timelines. However, Rajesh Exports Ltd was excluded from this extension due to ongoing governance investigations by Sebi. This decision highlights the government's focus on supporting key players in the electric vehicle sector while addressing compliance issues.