The move will help the business diversify outside of India. Brazil is the fourth largest gaming market in the world with a user base of 90 million users and a levy of indirect taxes such as 2-5% as municipal tax.

Stating that India is a priority market for Pixel, Osterloh said that the company is working to expand authorised Google service centres in India to improve after-sales services.

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Where do the sharpest minds on Wall Street believe the market is headed The CNBC PRO exclusive Market Strategist Survey is a roundup of year-end targets for the S&P 500.

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In today’s audio, we talk about major IPOs, stock market, economy, industry, infrastructure and money. Also, know how the share market performed today.