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ILLEGAL BETTING
No slowdown yet, but inflation and El Niño are risks: ITC's Sanjiv PuriITC Chairman Sanjiv Puri revealed plans for a Rs 20,000 crore investment over the medium term, including hotel expansion. He highlighted st...
Kalshi bars India users after govt bans prediction marketsUS-based prediction market Kalshi has now officially restricted Indian users from trading, following government action against such platfor...
Kalshi to collect employment info from customers trading in some high-risk marketsKalshi will now assign a score to new markets, and the score will determine how much Kalshi believes that particular market is at risk of i...
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...
Parimatch probe takes ED to Zepto's doorstepThe Enforcement Directorate is investigating offshore betting platform Parimatch. The agency has questioned quick commerce app Zepto regard...
Resolve pending house, house-site regularisation issues: Andhra Pradesh Chief MinisterAndhra Pradesh Chief Minister N Chandrababu Naidu has ordered officials to speed up the regularisation of houses and house sites. Unresolve...
'It's time to wake up': Udak Kotak's big warning to Indian businesses as even cash-surplus Google seeks $80 billionVeteran banker Uday Kotak urged Indian companies to urgently invest in future technologies, especially AI, citing Google's massive $80 bill...
War or peace? Colombians choose destiny in high-stakes voteColombians are voting in a presidential election to decide the nation's approach to escalating violence, with a choice between continuing l...
Census to begin in West Bengal from August 1: Suvendu AdhikariWest Bengal's census will start on August 1, Chief Minister Suvendu Adhikari said, adding that the exercise was delayed by the previous gov...
Indonesia blocks Polymarket over online gambling concerns after bets on president's exitIndonesia has blocked the prediction market Polymarket. This action is part of a wider crackdown on online gambling. Polymarket was reporte...
Kalshi, Polymarket defy India ban on online betting platformsDespite India's technology ministry warning that prediction markets like Polymarket and Kalshi are illegal, customers in India continue to ...
As rupee dips, I-T steps up vigil on shady outflowsIn multiple cases, individuals have used dozens of fake permanent account numbers (PANs) with the same name but different addresses and dat...
Suits & Sayings: Bet Gone WrongET’s roundup of the wackiest whispers in corporate corridors.
Why did oil prices crash today? $920 million crude oil short placed 70 minutes before US-Iran 14-point deal report — was someone trading on inside information?Oil prices crash today: Nearly $920 million in crude oil shorts entered the market just 70 minutes before reports claimed the US and Iran w...
Prediction markets say they're different from sportsbooks. Gambling addicts say it's all the sameThe soccer coach had blocked himself from sportsbooks by the time he found prediction markets.
Damon Jones pleads guilty: Former NBA star implicated in major gambling scandal-Here's what he saidFormer NBA player and coach Damon Jones pleaded guilty to federal charges involving sports betting and rigged poker games. He admitted to p...
‘You will be found just like this guy’: Polymarket issues warning as US soldier arrested after winning $400K on Maduro raid betGannon Ken Van Dyke: A US Special Forces soldier was arrested for insider betting on a prediction market, earning over $400,000 by wagering...
Who is Gannon Ken Van Dyke? US soldier arrested for a secret mission betting that earned him $400K on PolymarketGannon Ken Van Dyke is a US Army soldier who is accused of using secret military mission details to place bets on Polymarket. Reports say h...
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...
Centre planning to raise odds against illegal betting companiesThe government found as many as 114 illegal betting and gambling platforms operating in India through domain farming, people aware of the d...