shadow

OTT platforms may upend multiplexes’ run soon, set to be a Rs 12,000-cr industry by 2023

Posted on Posted in Business by 27 views

According to SBI Research, the over-the-top or OTT market is expected to reach Rs 11,944 crore by 2023, up from Rs 2,590 crore in 2018, logging in a compound annual growth of 36 per cent. This may lead to a repeat of the sudden death of the VCR/VCP/DVD industry that boomed in the 1980s, with the exponential rise of…

Read More
shadow

Govt should ensure tax structure favourable to tax-paying population: SBI Research

Posted on Posted in Business by 36 views

In a report on Indian economy moving towards greater degree of formalisation, the SBI’s economic research division has batted for the need for support through a better designed tax structure, particularly indirect taxes on items like fuel for tax paying households which are contributing majorly to the private final…

Read More