Chinese billionaire overhauls AI startup after warning on ManusFollowing Meta's Manus acquisition fallout, MiroMind founder Chen Tianqiao is implementing strict firewalls between his Chinese and US busi...
28 Apr, 2026, 05.31 PM IST
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...
23 Apr, 2026, 01.44 PM IST
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.
21 Apr, 2026, 08.02 PM IST
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...
07 Apr, 2026, 06.24 AM IST
Amid IPL hullabaloo, there's a constant piracy war that goes onAs the IPL returns, illegal streaming persists despite official free streams, highlighting India's piracy paradox. While enforcement disrup...
28 Mar, 2026, 11.39 AM IST
ETtech In-depth: Banned in India, but it’s business as usual for offshore real money gaming firmsAn ET investigation found accessing betting websites to be child’s play, without even the need of a VPN. But getting money out of them isn’...
06 Mar, 2026, 12.27 PM IST
DGGI blocks 357 illegal online gaming websites, attaches 2,400 bank a/csThe Finance Ministry has blocked 357 websites of illegal offshore online gaming firms and frozen around 2,400 bank accounts. The crackdown ...
22 Mar, 2025, 04.32 PM IST
Enforcement actions against online money gaming firms intensified ahead of IPL seasonThe Directorate General of Goods and Services Tax Intelligence (DGGI) has intensified enforcement against 700 offshore online gaming entiti...
22 Mar, 2025, 03.12 PM IST
DGGI lens on 700 offshore online money gaming cos ahead of IPLThe DGGI has intensified actions against offshore online gaming entities engaging in illegal betting as the IPL begins. Approximately 700 e...
22 Mar, 2025, 12.45 AM IST
SOGI calls for 28% GST on platform fees and not deposits for Indian gaming companiesThe Skill Online Games Institute (SOGI) has urged the government to impose 28% GST on platform fees instead of deposits to prevent tax arbi...
20 Dec, 2024, 03.05 PM IST
Binance, Kucoin get FIU nod to register and trade in IndiaThe Indian government's Financial Intelligence Unit (FIU) has approved the registration applications of offshore cryptocurrency exchanges B...
10 May, 2024, 11.31 PM IST
AIGF estimates USD 2.5 bn GST loss from offshore illegal, betting firmsAIGF's Roland Landers urges swift action against offshore illegal betting, causing a USD 2.5 billion annual loss. Concerns include user har...
18 Apr, 2024, 05.56 PM IST
India's government blocked 174 betting and gambling sitesThe Indian government has blocked 581 applications, including 174 betting and gambling app, Pankaj Chaudhury, the minister of state for fin...
11 Dec, 2023, 03.48 PM IST
Illegal betting and gambling: Tax authorities losing Rs 2 lakh crore annually, says reportIllegal betting activities related to the Cricket World Cup 2023 in India are causing significant tax losses, with an estimated inflow of R...
19 Oct, 2023, 03.57 PM IST
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...
16 Oct, 2023, 06.01 AM IST
Government says adequate provisions exist to enforce GST on offshore gaming platformsSince the GST Council's July 11 decision to impose 28% tax on the full face value for online gaming, firms in the real money gaming sector ...
02 Aug, 2023, 12.51 AM IST
Stop ads of offshore betting sites, government to digital media platforms, TV channelsIn the advisory, the govt said online offshore betting platforms are now using news websites as a surrogate product to advertise the bettin...
04 Oct, 2022, 08.39 AM IST