RMG cos reel from GST ruling; new-age firms’ costly rideHappy Friday! The Supreme Court’s latest GST ruling is the final blow for real-money gaming platforms after last year’s ban. This and more ...
Gameskraft Arrests: All you need to know about the alleged Rs 1,000-crore betting scamThe Enforcement Directorate has arrested three founders of Gameskraft Technologies, including Deepak and Prithvi Raj Singh, and Vikas Tanej...
Design focus under ECMS; Kissht's strong IPO demandGovernment mulls mandating minimum design investment by firms under ECMS rules. This and more in today's ETtech Top 5.
India-New Zealand FTA to give major boost to exports: ExpertsIndia and New Zealand have signed a free trade agreement. This pact offers duty-free access for all Indian goods to New Zealand. Experts be...
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.
Winzo founder Paavan Nanda vs ED: A timeline of key developments in the money laundering caseTaking a tough stance, the Karnataka High Court has warned the ED that it could impose Rs 1 lakh in costs if it finds the agency’s appeal a...
Winzo Case: HC warns ED of costs if challenge to Nanda’s bail is 'unnecessary’The Karnataka High Court warned the Enforcement Directorate (ED) of Rs 1 lakh costs if its appeal against real money gaming company WinZo's...
US prediction market players make a play for Indian IPL fansIndian fans are turning to US platforms like Polymarket and Kalshi for IPL betting. These sites allow wagers on match winners and player st...
Ban-hit real money gaming companies fire 2,000 setting off a scramble for jobsNearly 2,000 employees at real money gaming (RMG) firms including MPL, Games24x7, Zupee, PokerBaazi, and Head Digital have lost jobs after ...
Retro tax waiver set to ease gaming companies Rs 1 lakh core tax painThe Goods and Services Tax (GST) council's recommendation to allow the government to overrule retrospective tax demands could resolve pendi...
Games 24x7 posts 70% rise in FY23 operating revenue, trims lossGames24x7's operating revenue grew by over 70% to Rs 1,988 crore in FY23. The firm's loss narrowed by nearly 30% to Rs 199 crore. It runs p...
Indian gaming likely to hit $7.5 billion, create 250,000 jobs by 2025: Meta India headFacebook parent Meta’s vice president for India Sandhya Devanathan made the comments during Meta's inaugural gaming summit in India, where ...
Nazara Technologies sets aside $100 million for acquisitionsNazara tech managing director and chief executive Nitish Mittersain told ET in an interaction that the firm’s total cash position stands at...
ETtech Explainer: Google Play Store says it will allow real money gaming apps. What does this mean?Google's Play Store will now allow a wide variety of real money gaming (RMG) apps on its platform in India, Mexico, and Brazil. This change...
Nazara eyes tax crisis-hit real money game companiesThe RMG industry is facing a tax demand of more than Rs 1.5 lakh crore, after the government decided to levy a 28% GST on deposits made by ...
ReNew Power completes merger with US-based RMG IIReNew Power CEO Sumant Sinha said, "The completion of our business combination with RMG II is a great step forward for enabling further dec...