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...
TCS Q4 drags down IT stocks; Swiggy cofounder exitsShares of IT companies declined on Friday as TCS earnings failed to lift investor sentiment. This and more in today’s ETtech Top 5.
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...
ED attaches $ 56 million held by gaming firm WinZo in its overseas bank accountsThe Enforcement Directorate has frozen movable properties worth about Rs 689 crore belonging to the real money gaming company WinZo. This a...
ED freezes Rs 192 crore linked to Winzo in money laundering probeThe searches were conducted on December 30 by the ED’s Bengaluru zonal office at the premises of an accounting firm associated with WinZO, ...
HC asks if ED could de-freeze Winzo’s accounts in lieu of bank guarantee for Rs 505 croreJustice Suraj Govindaraj is hearing a petition from WinZo praying that the search and seizure conducted by the agency at the company’s offi...
Karnataka HC tells ED to reply to Winzo Games petition on ‘illegal’ search by Dec 15The Karnataka High Court has issued a notice to the Enforcement Directorate. This follows a petition by WinZo Games challenging the agency'...
Winzo Directors Saumya Rathore and Paavan Nanda sent to 10-day ED custodyWinzo Games Directors Saumya Singh Rathore and Paavan Nanda have been arrested by the Enforcement Directorate. A Bengaluru court granted th...
ED widens net globally against online gamingThe Enforcement Directorate is issuing Letters Rogatory to several countries, including the US and Singapore, to investigate alleged procee...
ED conducts first raids along India-Myanmar border in drug money laundering caseThe Enforcement Directorate conducted its first-ever searches along the India-Myanmar border in Mizoram, alongside locations in Assam and G...
Shocking games: ED arrests WinZO founders in PMLA caseThe Enforcement Directorate has arrested WinZO Games founders Saumya Singh Rathore and Paavan Nanda under PMLA. The agency froze ₹505 crore...
Why Google CEO Sundar Pichai was slapped with contempt notice. All about 'Pakhandi Baba's' YouTube videoA Mumbai court has issued a contempt notice against Google CEO Sundar Pichai. The notice was issued to Pichai after YouTube failed to follo...
Delhi High Court asks Google to consider softer warning for WinZO app downloadsThe high court asked Google whether it can say the application is harmful when it does not know verified reports about it. “Can you say it ...
Industry flags concerns over self-regulatory body proposal for online gaming sectorOne of the key proposals in the online gaming policy is the creation of a self-regulatory organisation (SRO) that would be responsible for ...
Gaming industry welcomes proposed guidelines on self-regulating bodyThe industry, which broadly welcomed draft amendments in the IT Rules to regulate online gaming, has raised some concerns about the ambigui...
Winzo sues Google over Play Store pilot; Infy cofounder weighs in on moonlightingWinZo, a regional language social gaming platform, has sought an injunction against Google’s decision to allow daily fantasy sports (DFS) a...
The pandemic ravaged companies, but some survived and even thrivedWhile many sectors battled the odds to survive during the lockdown, some could thrive like never before. What made them click in a crisis?