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OFFSHORE GAMING COMPANIES
Foreign investors may bet big on Indian stocks after regulatory clarity emergesIndia has opened its stock markets to direct investment by foreign individuals, aiming to broaden capital sources beyond FPIs. While a long...- Fable 5's cost challenge; Opendoor's India exitAnthropic's Fable 5 could rewrite how IT works, but the price tag and performance quirks raise hard questions. This and more in today’s ETt...
- India's bond tax exemptions set to boost foreign debt inflows and global index inclusion bidIndia is turning heads in the financial world by scrapping taxes on foreign investments in government bonds. This groundbreaking change aim...
- Parimatch probe takes ED to Zepto's doorstepThe Enforcement Directorate is investigating offshore betting platform Parimatch. The agency has questioned quick commerce app Zepto regard...
- Swiggy, Urban Company report Q4 losses; Zepto gets IPO nodNew-age companies Swiggy and Urban Company closed the March quarter in the red, even as revenues surged. This and more in today's ETtech To...
- China’s Meta backlash renders Manus model ‘officially dead’Beijing's order for Meta to unwind its $2 billion takeover of AI startup Manus signals a new era of regulatory scrutiny for China's tech in...
- Chinese billionaire overhauls AI startup after warning on ManusFollowing Meta's Manus acquisition fallout, MiroMind founder Chen Tianqiao is implementing strict firewalls between his Chinese and US busi...
- HDFC Bank alerts clients on card swipe for overseas dealsIn recent times many resident individuals, banking with various financial institutions, have used cards to carry out international capital ...
- Foreign betting sites pull a prank on taxmanOffshore gaming firms found a way to use the site name cgstahmedabadzone.gov.in to create additional, fake pages, complete with sub-links t...
- Indian IT pack falls; MeitY’s e-gaming rulebookIndian IT stocks suffered on Wednesday after HCLTech’s weak Q4 numbers. This and more in today’s ETtech Top 5.
- Apple CEO Tim Cook steps down; HCLTech Q4 reportAfter 15 years at the helm of Apple, Tim Cook will step down to make way for insider John Ternus. This and more in today's ETtech Top 5.
- Nithin Kamath suggests how to curb offshore betting apps mushrooming after real money gaming banFollowing India’s ban on real-money online gaming, offshore betting apps are rapidly growing. Nithin Kamath warns they target Indian users,...
- Offshore gaming cos evade betting law via Surrogate ads, social mediaOffshore gaming companies are circumventing India's new anti-betting law through surrogate advertising and social media influencers. Parima...
- Gaming bodies write to Amit Shah; urge to block blanket ban, warn of Rs 20,000 crore tax lossIndia’s top gaming bodies All India Gaming Federation (AIGF), E-Gaming Federation (EGF) and Federation of Indian Fantasy Sports (FIFS) have...
- DGGI blocks 357 illegal online gaming websites, attaches 2,400 bank a/csThe Finance Ministry has blocked 357 websites of illegal offshore online gaming firms and frozen around 2,400 bank accounts. The crackdown ...
- ASCI teams up with online gaming industry to tackle offshore betting adsThe Advertising Standards Council of India has joined forces with multiple gaming federations to address illegal offshore betting and gambl...
- SOGI calls for 28% GST on platform fees and not deposits for Indian gaming companiesThe Skill Online Games Institute (SOGI) has urged the government to impose 28% GST on platform fees instead of deposits to prevent tax arbi...
- Centre planning to raise odds against illegal betting companiesThe government found as many as 114 illegal betting and gambling platforms operating in India through domain farming, people aware of the d...
- Government says adequate provisions exist to enforce GST on offshore gaming platformsSince the GST Council's July 11 decision to impose 28% tax on the full face value for online gaming, firms in the real money gaming sector ...
- Tax heat on offshore online gaming companiesThe Directorate General of GST Intelligence has discovered 38 online gambling and betting portals that are based in Cyprus, Mauritius, and ...
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