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AI boom heading for a dot-com-style bust? ‘Dean of Valuation’ Aswath Damodaran warns correction could be more painful than 2008Global finance expert Aswath Damodaran warns AI's massive infrastructure spending, funded by debt, poses a greater risk than the dot-com cr...
Zepto IPO: ED summons founders in FEMA matter, seeks shareholding, business detailsThe Enforcement Directorate sought details on foreign investments and overseas investments, audited balance sheets since FY21, owned immova...
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.
ED probes 234 cyber frauds, tracks crypto links to ChinaIn a sweeping crackdown, the Enforcement Directorate has launched an investigation into 234 cybercrime cases, ranging from illicit online b...
SC says growth of online betting apps issue of public importance, seeks states' responsesThe Supreme Court addressed the critical issue of online betting and loan apps. The court asked all states to respond on regulating them. A...
ED searches Probo for 'illegal gambling'The Enforcement Directorate (ED) conducted raids on Probo Media Technologies, alleging illegal gambling activities through its 'Probo' app....
Kotak Mahindra Bank branch manager siphoned off Rs 31 crore of public money to gamble; Know how he misused customer’s KYC detailsA Kotak Mahindra Bank branch manager in Bihar stole over Rs 31 crore of public funds to fuel his gambling addiction. He forged signatures o...
Chhattisgarh govt recommends CBI probe into Mahadev betting app 'scam'The alleged scam became the focal point of the BJP's campaign during the Lok Sabha elections in Chhattisgarh as prominent accused named in ...
ED investigates Indian links of foreign gambling apps, suspects over Rs 1 lakh cr betsThe Mahadev scam, revealing extensive illegal online betting networks, is far from resolved despite some progress. The Enforcement Director...
Bihar Police seek ban on over 100 gambling, gaming, 'illegal' loan apps"The decision was taken after confirming that these apps attract Section 69 of the Information Technology (IT) Act as they contain material...
Bihar police reach out to IT ministry seeking ban on 100 gambling, gaming and illegal loan appsThe Economic Offences Unit (EOU) of Bihar police recently approached Meity urging it to ban more than 100 such apps, Nayyar Hasnain Khan, A...
Government to certify ‘permissible’ online games for now: MoS Rajeev ChandrasekharPlatforms such as Google and Apple will be notified of the change, can tap MeitY for clarity, says MoS IT Rajeev Chandrasekhar
ETtech Exclusive: Ads of betting, gambling sites still in play on social mediaSuch companies are still running promotional content on platforms via influencers, celebs in violation of I&B ministry's directive.
GST officers detect tax evasion by offshore entities providing online betting, gamblingThese online betting and gambling apps are available on Google Play Store for android phone users and App Store for iOS users and can be fr...
ED probing criminal proceeds of Rs 2,116 crore acquired from illegal loan apps: GovtTotal proceeds of crime amounting to Rs 2,116 crore have been identified, out of which proceeds of Rs 859.15 crore have been seized by ED u...
Govt mulls central regulatory framework for the online gaming industryAll stakeholder ministries including the Ministry of Electronics and Information Technology, home affairs and finance are looking into the ...
Online Gaming: Talks begin for central regulatory frameworkPolicymakers have begun preliminary discussions on creating such a framework that could entail setting up a separate regulatory body and re...
Government panel calls for regulatory body, new law for online gamingThe panel of Prime Minister Narendra Modi's top officials has for months been drafting regulations for the country's online gaming sector, ...
Foreign players cannot escape from Karnataka's gaming law, says home ministerThe Karnataka government, on October 5, notified the law banning betting and wagering in online games.
China removes TripAdvisor, 104 other apps from app stores under cleansing campaignThese apps violated one or more of three cyber laws, said The Cyberspace Administration of China in a statement on its website, without pro...