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All bets are off as SC’s GST ruling squeezes RMG companiesThe GST demand of Rs 92,000 crore on past transactions will also impact larger players such as Dream11, Junglee Games and Mobile Premier Le...- Rs 15,000 crore in startup IPO exits; Dunzo cofounder’s new ventureHappy Monday! New-age companies that listed this year have generated sizeable gains for investors. This and more in today’s ETtech Morning ...
- Folding in India, gaming companies lose bigAmid India's recent real-money gaming prohibition, gaming companies are grappling with significant financial setbacks. Flutter Entertainmen...
- Folding in India, gaming companies lose bigAmid India's recent real-money gaming prohibition, gaming companies are grappling with significant financial setbacks. Flutter Entertainmen...
- RMG ban sparks massive impairments as gaming majors erase India betsGaming companies are reporting large write-downs after India’s real money gaming ban, with major players such as Flutter, Clairvest and Naz...
- Stop them at the gate! India has a new battle against the betting trapsAn Indian parliamentary committee is pushing for stricter digital verification of offshore betting advertisers, citing a surge in fraudulen...
- Delta Corp’s bet goes bust as stock drops 9% on RMG ban, 34% lower in a yearDelta Corp's stock has experienced a 9% drop in the last three sessions due to the ban on real money gaming (RMG), extending its year-long ...
- Nazara shares tank 15% on real money gaming banNazara Technologies' shares plummeted after the Lok Sabha passed a bill banning real money gaming. The company clarified its indirect expos...
- Gaming firms offer to pick up tax bill to keep players hookedCompanies are subsidising tax liability on users through deposit offers and bonuses, say industry insiders.
- Online gaming companies tax demand in line with legal stand: CBIC chairmanCBIC chair says will implement 28% GST regime after state laws amended, review in 6 months
- eGaming companies GST tax demand in line with legal stand: CBIC chiefThe Central Board of Indirect Taxes and Customs (CBIC) chairman, Sanjay Kumar Agarwal, has stated that the goods and services tax (GST) not...
- ReNew lists on Nasdaq at $4.5 billion valuationReNew Power has enough funds to expand its capacity threefold by 2025, chairman and CEO Sumant Sinha said after its Nasdaq debut on Tuesday...
- ReNew Power set to list on NASDAQ on August 24The funds raised from the listing will be used for both greenfield projects as well as further acquisitions, ReNew's chairman and CEO Suman...
- ReNew acquires two power projects of 359 MW for Rs 2,850 croreSources in the know told ET that struggling renewable energy developer ACME Solar was the seller of the solar project for ₹1,865 crore. ReN...
- ReNew Power to construct 2000 MW solar cell, module manufacturing plant in Gujarat's DholeraThe 2,000 MW facility will be situated in Dholera, part of the Dholera Special Industrial Region (DSIR). The greenfield facility will be bu...
- ReNew Power zeroes in on location for manufacturing plant in GujaratAn initial investment of Rs. 1,200 crore will be made, which will eventually rise to Rs. 2,000 crore as the facility ramps up its scale. Th...
- ReNew commissions 300 MW wind farm in GujaratThis is also ReNew Power's first project since it formally announced its listing on NASDAQ through a special purpose acquisition company (S...
- Renew to merge with US SPAC RMG Corp for $4.4 bn$1.2 bn new money raised from new investors; Goldman Sachs to reman single largest shareholder; ADIA, CPPIB, GIF and Wall St firm to part s...
- Renew Power eyes merger with clean energy SPACs for US listingThe Goldman Sachs Group-backed company has already held preliminary discussions with some blank cheque financiers, also known as special pu...
- Steel stocks soar as government extends safeguard duty till March 2018The DGS had suggested a ad valorem safeguard duty in the first year on hotrolled flat products of non-alloy and other alloy steel in coils ...
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