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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...- DGGI set to fire up GST recovery drive against gaming firms after Supreme Court's backingThe Directorate General of GST Intelligence will now aggressively pursue tax recovery from online gaming companies after the Supreme Court ...
- SC upholds govt retrospective 28% GST levy on online gaming companiesThe Supreme Court has backed the government's retrospective 28% GST on online gaming. The court ruled that online gaming platforms are not ...
- Delhi HC seeks ED's reply on Al Falah University chairman's bail plea in money laundering caseThe Delhi High Court is reviewing a bail application from Al Falah University chairman Jawad Ahmed Siddiqui. He faces money laundering char...
- ED freezes Rs 526 crore bank deposits in PMLA case against GameskraftIn a major crackdown, the Enforcement Directorate has immobilised assets worth over Rs 526 crore from the online gaming platform Gameskraft...
- HC issues notice to ED over arrest of Gameskraft foundersThe Karnataka High Court has asked the Enforcement Directorate (ED) for a response to petitions challenging the arrest of Gameskraft founde...
- 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...
- 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...
- ED arrests 3 founders of Gameskraft in PMLA caseThe Enforcement Directorate has arrested three founders of the online gaming platform Gameskraft. The arrests are linked to an alleged frau...
- 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...
- Eloelo reports FY25 operating revenue at Rs 69.5 crore; expenses jump 67% on marketing spendsAs the live social entertainment startup’s business expanded, its expenses rose in tandem. Since its founding in July 2020 by Saurabh Pande...
- ED freezes deposits worth Rs 523 crore in probe against online gaming platforms WinZo, GameskraftThe Enforcement Directorate has frozen Rs 523 crore in deposits belonging to online gaming firms WinZO and Gameskraft. These companies alle...
- Gameskraft lays off 120 amid real-money gaming ban, CFO fraudGameskraft has laid off 120 employees due to the new online gaming regulations and halted operations. The company also filed a police compl...
- Gameskraft net profit falls due to unsanctioned payments, GST impact; files police complaintOnline gaming firm Gameskraft reported a net profit drop in FY25, impacted by a Rs 231 crore write-off linked to alleged fund siphoning by ...
- Gameskraft complies with Online Gaming Act; will not pursue legal actionGameskraft will not legally challenge the new Online Gaming Act, 2025, which bans real-money games. It has already halted such services on ...
- Gameskraft announces strategic pause of Pocket52Gameskraft, a leading Indian skill-based online gaming company, has announced a strategic pause in its Poker platform, Pocket52, to revamp ...
- Gameskraft’s revenue grows to Rs 2,662 crore, profit rises to Rs 1,062 crore amid tax troublesThe company’s revenue from operations increased to Rs 2,662 crore in FY23, an almost 25% increase from the Rs 2,113 crore it generated in F...
- SC stays Karnataka HC order of Gameskraft tax evasion caseThe Supreme Court stayed the Karnataka High Court’s judgment that overturned the Directorate General of GST Intelligence’s order imposing a...
- Ministry of IT creating one consolidated view on skill games for all ministries, statesMinistry of IT is creating one consolidated view on skill games and this will percolate to all ministries and across states, said Rajeev Ch...
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