News for 'BET'

CBI Nabs Mahadev Betting App Kingpin Abhishek Kumar In Hyderabad

CBI Nabs Mahadev Betting App Kingpin Abhishek Kumar In Hyderabad

Rediff.com24 Sep 2026

The CBI has arrested Abhishek Kumar, an alleged kingpin in the Mahadev Online Betting Application case, upon his arrival from Dubai at Hyderabad airport. Kumar is accused of actively operating the betting activities, coordinating panels, collecting funds, and acquiring assets using illicit proceeds. He has been remanded to police custody as the investigation into the Rs 80,000 crore scam continues, with efforts underway to extradite other main promoters.

Vijay Shekhar Sharma's Personal Bet On India's AI Future

Vijay Shekhar Sharma's Personal Bet On India's AI Future

Rediff.com7 Oct 2026

Paytm founder Vijay Shekhar Sharma has pledged personal funds, ranging from Rs 1 crore to Rs 2 crore, to Indian entrepreneurs developing their own artificial intelligence models. This initiative aims to foster indigenous AI capabilities and reduce reliance on foreign models, echoing Sharma's past success in mobile payments.

Pakistan batter Mohammad Rizwan barred from speaking on betting investigation

Pakistan batter Mohammad Rizwan barred from speaking on betting investigation

Rediff.com21 Sep 2026

Former Pakistan captain Mohammad Rizwan has been denied permission by the PCB to hold a media conference regarding an ongoing investigation by the National Cyber Crimes Investigation Agency into his alleged involvement with online betting and gambling. Rizwan and teammate Imam-ul-Haq had their phones confiscated and are being questioned.

How ED Uncovered A Major IPL Betting Money Laundering Syndicate

How ED Uncovered A Major IPL Betting Money Laundering Syndicate

Rediff.com21 Sep 2026

The Enforcement Directorate has arrested Deepesh Bajoria, a principal bookie from Guwahati, in connection with a large-scale money-laundering investigation linked to an illegal T20 cricket-betting syndicate operating during IPL seasons across the Northeast. Bajoria allegedly used online platforms and encrypted channels to facilitate betting, routing over Rs 28 crore through a non-operational firm's bank account.

Tata's Chip Bet: A Long-Term Play for India's Growth, Says Chandrasekaran

Tata's Chip Bet: A Long-Term Play for India's Growth, Says Chandrasekaran

Rediff.com6 days ago

Tata Sons Chairman N Chandrasekaran views the group's investment in semiconductors not as a short-term financial play, but as a critical long-term commitment to India's growth and self-reliance in a sector vital for domestic consumption and global supply chains.

ED charges EaseMyTrip co-founder Pitti in Mahadev online betting app case

ED charges EaseMyTrip co-founder Pitti in Mahadev online betting app case

Rediff.com22 Sep 2026

EaseMyTrip co-founder Nishant Pitti has been chargesheeted by the Enforcement Directorate in the Mahadev online betting app money laundering case. He is accused of facilitating illegal betting proceeds into the equity market via foreign portfolio investments, with his DEMAT shares worth Rs 59.60 crore provisionally attached. Pitti denies knowledge of the chargesheet and vows to cooperate, while the ED alleges his involvement in stock price manipulation and layering crime proceeds.

Maruti Suzuki Bets On Premium Hatchbacks With New Baleno

Maruti Suzuki Bets On Premium Hatchbacks With New Baleno

Rediff.com15 Sep 2026

Maruti Suzuki India is strategically investing in the premium hatchback segment, launching a refreshed Baleno with advanced driver assistance systems (ADAS) to capture a significant share of the evolving Indian passenger vehicle market, even as SUVs continue their dominance.

Hyundai Bets $15.5 Billion on India, Plans 26 Models

Hyundai Bets $15.5 Billion on India, Plans 26 Models

Rediff.com6 days ago

India remains one of the Hyundai Motor group's most important and strategic markets globally. The initiative positions India as a strategic core market for the group's growth, emerging market expansion, and next-generation automotive innovation.

Muhammad Rizwan gets Pakistan board's nod to resume domestic cricket amid inquiry

Muhammad Rizwan gets Pakistan board's nod to resume domestic cricket amid inquiry

Rediff.com1 days ago

Pakistan wicketkeeper-batter Muhammad Rizwan has been allowed by the Pakistan Cricket Board (PCB) to resume playing domestic cricket, despite an ongoing inquiry into allegations of online betting and leaking dressing-room information. Rizwan, along with Imam-ul-Haq, was previously barred from playing and has appeared before the National Cyber Crime Cell (NCCA) for questioning, with his phone seized for forensic examination. A reliable source indicates the inquiry is cooling down and could conclude soon.

Accel's 11-Year Bet on RentoMojo Pays Off with Strong IPO Debut

Accel's 11-Year Bet on RentoMojo Pays Off with Strong IPO Debut

Rediff.com21 Sep 2026

Accel's early investment in RentoMojo, a furniture and appliance rental platform, has paid off handsomely with the company's strong debut on the stock exchanges, listing nearly 19 per cent above its issue price after a significantly oversubscribed IPO.

Grindr Lure Leads To Knifepoint Robbery, Three Arrested In Faridabad

Grindr Lure Leads To Knifepoint Robbery, Three Arrested In Faridabad

Rediff.com5 days ago

Faridabad police have arrested three individuals for robbing a man of Rs 32,500 at knifepoint after luring him through the dating app Grindr. The victim was taken to a secluded spot, assaulted, and robbed, with the extorted money later deposited into an online betting site.

Why TCS Made Big Porsche Bet

Why TCS Made Big Porsche Bet

Rediff.com1 Sep 2026

'Across the entire value chain, we will be able to industrialise AI adoption, and that is the main purpose of the deal.'

Mahadev betting app founder Sourabh Chandrakar detained in Oman

Mahadev betting app founder Sourabh Chandrakar detained in Oman

Rediff.com8 Jul 2026

Sourabh Chandrakar, the absconding founder of the Mahadev betting app, has been detained in Oman based on an Interpol Red Notice. Indian agencies are now working to extradite or deport him. The ED's investigation into the syndicate has revealed alleged proceeds of crime worth Rs 6,000 crore and links to high-ranking politicians and bureaucrats.

ISRO Bets Big on Space Startups

ISRO Bets Big on Space Startups

Rediff.com24 Aug 2026

'ISRO will not manufacture any launch vehicles. That will all be done by the private sector or public sector undertakings.'

Andrea Pirlo's Italy coach bid ends amid Russian betting company controversy

Andrea Pirlo's Italy coach bid ends amid Russian betting company controversy

Rediff.com27 Jul 2026

Former Italy international Andrea Pirlo has withdrawn from contention for the national team's head coach position after his commercial ties to Russian betting company Fonbet drew significant criticism and opposition from Italian football officials and lawmakers.

Active MFs reduce bets to multi-year low

Active MFs reduce bets to multi-year low

Rediff.com31 Aug 2026

HDFC Bank's share in active mutual fund schemes has fallen to multi-year lows, despite overall MF ownership in the bank rising, as the stock faces weak performance, soft margins, and governance concerns.

'Don't Push Me For Non-Veg... Veg Market Is Too Huge'

'Don't Push Me For Non-Veg... Veg Market Is Too Huge'

Rediff.com6 Oct 2026

How India's Jumbo King Is Taking On McDonalds And Burger King Without Selling Chicken Burgers.

Pakistan star Muhammad Rizwan approaches ICC over corruption probe

Pakistan star Muhammad Rizwan approaches ICC over corruption probe

Rediff.com18 Sep 2026

Former Pakistan captain Muhammad Rizwan has contacted the ICC's Anti-Corruption Unit for clarification on procedures related to corruption investigations, as he faces questioning by Pakistan's National Cyber Crime Investigation Agency (NCCIA) over alleged links to illegal betting and gambling sites. This development follows the confiscation and forensic examination of his mobile phone, alongside Imam-ul-Haq's, during a recent tour, highlighting concerns about the PCB's compliance with ICC anti-corruption protocols and Pakistan cricket's history with such scandals.

Does Indian Idol Legends Return Encourage Bullying?

Does Indian Idol Legends Return Encourage Bullying?

Rediff.com6 hours ago

It was very disappointing to watch some talented singers pull each other down on national television, notes Divya Nair.

Ather Bets Big On Konarc, Supply Crunch To Continue

Ather Bets Big On Konarc, Supply Crunch To Continue

Rediff.com1 Sep 2026

With Konarc, the company has moved deeper into the mass-market e2W segment.

Bavuma laments lack of fight as Australia expose South Africa's mental frailties

Bavuma laments lack of fight as Australia expose South Africa's mental frailties

Rediff.com6 days ago

Temba Bavuma blamed South Africa's lack of fight and mental lapses for their 214-run defeat to Australia, rejecting rustiness as an excuse ahead of the second Test.

How Telangana Police Cracked Online Betting Racket

How Telangana Police Cracked Online Betting Racket

Rediff.com1 Jun 2026

Telangana CID arrests 11 individuals, including an Afghan national, for allegedly operating online betting across multiple states through the Dafabet platform. The investigation revealed a complex network of mule accounts and a coordinated multi-state criminal operation.

Meet American Singer Mary Millben, Modi Supporter

Meet American Singer Mary Millben, Modi Supporter

Rediff.com5 days ago

American singer Mary Millben has become a prominent figure in Indian political discourse due to her outspoken support for Prime Minister Narendra Modi, using social media to defend him against critics and appeal to young Indians, despite her musical career being less known in the country.

Startups Bet Big on Quick Commerce

Startups Bet Big on Quick Commerce

Rediff.com13 Aug 2026

For these startups, qcom is emerging as a launch and discovery platform, not simply a fulfilment channel.

Will Budget see axing of LTCG tax? Sitharaman says...

Will Budget see axing of LTCG tax? Sitharaman says...

Rediff.com6 days ago

Finance Minister Nirmala Sitharaman stated that the Reserve Bank of India (RBI) will persist in its efforts to prevent excessive volatility in the rupee, which has significantly depreciated against the US dollar due to global uncertainties, despite India's strong macro-economic fundamentals.

How Much Did FPIs Sell In September?

How Much Did FPIs Sell In September?

Rediff.com8 Oct 2026

They had bought Rs 29,631 crore worth of shares in August.

23 Arrested In Bengaluru For Illegal IPL Betting

23 Arrested In Bengaluru For Illegal IPL Betting

Rediff.com27 May 2026

Bengaluru police have arrested 23 people in connection with illegal betting during the IPL T20 cricket tournament, seizing cash, mobile phones, and betting chips worth over Rs 13 crore.

Gurugram Police Uncover Online Betting Fraud Ring

Gurugram Police Uncover Online Betting Fraud Ring

Rediff.com29 May 2026

Gurugram Police have arrested four individuals allegedly involved in an online betting fraud operation. The accused lured users with online gaming advertisements, processed payments through QR codes, and earned commissions on deposits.

SME IPOs struggle with negative returns as mainboard issues thrive

SME IPOs struggle with negative returns as mainboard issues thrive

Rediff.com6 Oct 2026

Small and medium enterprise (SME) initial public offerings (IPOs) in India are significantly underperforming mainboard listings, with 81 out of 161 SME IPOs trading below their issue price this year, and a median return of -0.2 per cent compared to a 24 per cent gain for mainboard issues.

IPL Betting Racket Busted In Indore; Eight Arrested

IPL Betting Racket Busted In Indore; Eight Arrested

Rediff.com27 May 2026

Indore police busted a gang allegedly involved in online betting on Indian Premier League (IPL) matches, arresting eight individuals, including an IT professional and a bank official.

Axis Bank To Hire 12,500 Freshers

Axis Bank To Hire 12,500 Freshers

Rediff.com5 Oct 2026

'Get people young, train them, assimilate them, and grow them adequately.'

England pacer Brydon Carse faces disciplinary hearing after Derby nightclub incident

England pacer Brydon Carse faces disciplinary hearing after Derby nightclub incident

Rediff.com2 Oct 2026

Brydon Carse has been charged over an alleged ECB conduct breach following a Derby nightclub incident, with the case referred to an independent panel amid heightened scrutiny of England players.

Sensex Plunges 1,045 Points, Nifty Hits 52-Week Low Amid FII Selling, RBI Tightening

Sensex Plunges 1,045 Points, Nifty Hits 52-Week Low Amid FII Selling, RBI Tightening

Rediff.com8 Oct 2026

The Indian stock market experienced a significant downturn, with the Sensex crashing over 1,000 points and the Nifty hitting a fresh 52-week low, driven by sustained selling from foreign institutional investors, the RBI's monetary policy tightening, and elevated Brent crude prices.

Fusion CX Eyes Major Growth With AI, Prepares For IPO

Fusion CX Eyes Major Growth With AI, Prepares For IPO

Rediff.com3 Oct 2026

Customer experience firm Fusion CX is significantly investing in AI-enabled services and data infrastructure, aiming to increase its share in total turnover to 25% within 12-18 months. The company, which reported a turnover of Rs 1,818.13 crore in FY26, is preparing for an IPO of Rs 800-1,000 crore in October, driven by organic growth, acquisitions, and its AI strategy.

Jharkhand Man Arrested In Rs 3 Crore Online Betting Scam

Jharkhand Man Arrested In Rs 3 Crore Online Betting Scam

Rediff.com2 Jun 2026

Jharkhand Police have arrested a 28-year-old man in Hazaribag for allegedly defrauding people of Rs 3 crore through illegal online betting applications and websites.

Suzuki To Halve Vehicle Development Time By 2030, Boost India Capacity

Suzuki To Halve Vehicle Development Time By 2030, Boost India Capacity

Rediff.com5 Oct 2026

Suzuki Motor Corporation is set to revolutionise its operations by halving vehicle development times and significantly boosting efficiency by 2030, while committing to a diverse multi-powertrain strategy that includes BEVs, hybrids, and carbon-neutral fuels.

Skoda Bets Big On India With CNG, Diesel and EVs

Skoda Bets Big On India With CNG, Diesel and EVs

Rediff.com19 Aug 2026

Skoda Auto is strategically navigating the competitive Indian automotive market by prioritising profitable growth, exploring new powertrain options like CNG and a limited diesel return, and gearing up for a locally produced electric SUV, all while expanding its retail footprint.

Multiple countries probe background of Flydubai co-pilot

Multiple countries probe background of Flydubai co-pilot

Rediff.com4 Oct 2026

Authorities in Australia, Israel, and the UAE are investigating an Omani co-pilot's attempted "terrorist act" on a flydubai flight. The co-pilot, identified as Hamam al-Hammami, attacked the Indian captain with a crash axe, but passengers and reserve pilots managed to land the plane safely. The probe focuses on his motives, connections, and past radical views.

International IPL Betting Racket Busted; Five Arrested

International IPL Betting Racket Busted; Five Arrested

Rediff.com8 May 2026

Uttarakhand STF and Dehradun Police busted an international online betting syndicate and arrested five accused allegedly involved in facilitating betting on IPL matches.

Ivory Coast's Elye Wahi Misses Germany Match Amid Betting Probe

Ivory Coast's Elye Wahi Misses Germany Match Amid Betting Probe

Rediff.com18 Jun 2026

Ivory Coast forward Elye Wahi will not participate in the upcoming World Cup match against Germany in Canada.