Online gaming companies will not be allowed to engage in betting on the outcome of games under the principle laid in draft rules, Minister of State for Electronics and IT Rajeev Chandrasekhar said on Monday. The minister said that as of now, all permissible online gaming will need to be registered with a self-regulatory organisation that will be accountable to the online gaming rules.
Double Olympic medallist Neeraj Chopra is among only three track and field athletes retained in the sports ministry's revamped TOPS core group.
At a time when exchange-traded funds (ETFs) were unloading Jio Financial Services from their portfolios, some active fund managers were placing large bets on the demerged financial services arm of Reliance Industries Ltd (RIL), a report by Nuvama Alternative & Quantitative Research shows. Motilal Oswal Mutual Fund and Quant Mutual Fund were the top MF buyers of the stock in August. They bought around 60 million shares each, together investing around Rs 2,800 crore.
'With an achievement like this, Gukesh could even be endorsing global brands.'
In line with most of the exit poll predictions, bookies in Delhi feel the ruling Bharatiya Janata Party-led National Democratic Alliance (NDA) will get more than 340 seats in the Lok Sabha polls while the Indian National Developmental Inclusive Alliance (INDIA) may secure around 200 seats.
Legendary Andre Agassi said Carlos Alcaraz combines the best qualities of Novak Djokovic, Roger Federer and Rafael Nadal but cautioned the tennis world against expecting the Spaniard to repeat the incredible feats of the 'Fab Three.'
The recent equity market weakness has sobered up investor mood, but the coming festive season is keeping analysts upbeat on stocks related to the consumption basket. Among the lot, fast-moving consumer goods (FMCG), retail, and consumer electronics segments are expected to do well over the next few months, and investors should thus selectively take bets in these pockets, analysts suggest. "We expect good volume growth for the FMCG sector during the festive season with some improvement in rural demand.
Jake Paul is betting on himself to beat boxing legend Mike Tyson when the pair meet in the ring in Texas on Friday.
Wipro is betting on artificial intelligence (AI) and Cloud computing to earn more from its biggest contributor - the banking, financial services & insurance (BFSI) sector - which brought in 35 per cent of the revenue in FY23. The Bengaluru-headquartered firm also expects its consultancy arm Capco to aid in its vision. "Over the past few years, we have made significant investments in the BFSI sector and have improved our talent, capabilities, and processes in this space - both through organic investments and with the addition of Capco," Suzanne Dann, Wipro's chief executive officer for Americas 2 said.
The fast-growing Indian online gaming sector is facing a significant threat from money laundering, necessitating urgent steps to ensure its sustained success and protect the country's robust digital economy, a report said on Thursday. The essential measures outlined in a report by the Digital India Foundation include forming a dedicated task force for illegal operators, creating a whitelist of legal operators, combating misleading advertisements, and incorporating principles of financial integrity and international cooperation.
'Republic Day week has consistently been a lucrative period for the film industry.'
Some of India's largest conglomerates are gearing up to either commission or commercially start the first phase of their new energy projects this year, according to company executives and analysts.
The Euro Championship kicks off on Friday with Italy taking on Turkey.
The Devara actor certainly knows how to have fun with fashion.
'It will bring the next wave of awareness and pursuit of excellence from people who want to take chess as a game or a competitive sport or even as a career.'
Banks are preferring instruments with higher premium over government securities for their held-till-maturity (HTM) portfolio, following the new investment norms, which came into effect from April 1. They are stocking up on corporate bonds and state government securities to boost yield on their portfolio, according to market participants. "Definitely, if there is a good spread available and without lower credit risk, those instruments will be favoured to boost the yield on the portfolio.
'If the markets correct further, PSU stocks could continue to decline.'
The Board of Control for Cricket in India has tied up with UK-based company Sportradar, which will offer its "integrity services" to prevent match-fixing, betting and other corrupt practices during the upcoming IPL through its Fraud Detection Services (FDS).
'When compared to many of America's treaty allies in Asia, Modi 3.0 is on a much stronger footing.'
Rishabh Pant rolled his arm over, as he challenged Jasprit Bumrah to survive his medium pace bowling.
England have included five uncapped players for their Twenty20 series against Australia, and Gus Atkinson, Harry Brook, Matthew Potts and Jamie Smith have been named for the One-Day Internationals, the country's cricket board said on Monday.
United States President Donald Trump said on Friday that he was not sure what would happen on Saturday at noon, a reference to the deadline he put in place earlier this week, saying 'let all hell break out' if Hamas does not release hostages still being held in Gaza by noon on Saturday.
US short-seller Hindenburg Research has said it is not under investigation by the US SEC as it rubbished alleged links of its founder to a hedge fund for preparing reports targeting companies.
Despite multiple headwinds at the start of 2023, the Indian markets delivered a strong performance, posting 19-20 per cent growth for the year. Even as new records were set, investor sentiment remains strong going into 2024, given the lower inflation, expectations of steady to lower interest rates, higher economic growth, and strong inflows. However, the overriding concern for most brokerages is valuations.
Former IPL boss Lalit Modi has questioned the entry of private equity firm CVC Capital Partners in the Indian Premier League due to its investments in companies linked to betting activities.
In this multi-part series, Joginder Tuteja brings us the theatrical releases of 2025.
There could be no place more appropriate for Djokovic to finally break free of his tie with Margaret Court on 24 Grand Slam singles titles than in her own backyard at Melbourne Park, where he has won the Norman Brookes Challenge Cup 10 times.
Airline stocks have been soaring following a steep decline in crude oil prices and sustained passenger traffic. Analysts have particularly turned bullish on the stocks of InterGlobe Aviation and SpiceJet. On December 20, shares of InterGlobe Aviation (IndiGo) hit a record high of Rs 3,009 on the BSE, having surged 43.24 per cent year-to-date (YTD).
'Regardless of whether you invest Rs 100 or Rs 1 crore per month, risk is inevitable.' 'Positive returns at the end of the year can never be guaranteed.' 'This is a fundamental truth every SIP investor must grasp.'
Activist short-seller Nathan Anderson, known for his high-profile campaigns against the likes of Adani Group, said he is closing his firm, Hindenburg Research, not because of any threat -- legal or otherwise -- and that he stands by all its reports.
Maharashtra Chief Minister Devendra Fadnavis has re-introduced the Special Public Security Bill in the state assembly, aiming to combat 'urban Naxalism'. The bill, which seeks to criminalize activities deemed to disrupt public order, has faced criticism from opposition parties who argue it could stifle dissent. The proposed law will be referred to a joint select committee for review and is expected to be passed in the monsoon session next year.
Specialised investment fund (SIF), a new asset class, will have the same expense structure as that of mutual funds (MFs), according to rules notified by the Securities and Exchange Board of India (Sebi). SIF, which was first proposed by Sebi in July 2024, aims to fill the gap between MFs and portfolio management services (PMS), and it looks at informed investors, who are willing to take riskier bets.
She is quirky when it comes to fashion and her unique sense of style comes as a breath of fresh air.
Two Japanese auto giants, Honda and Nissan, are moving towards a potential merger, but it remains unclear how their Indian operations will be immediately impacted.
10 non-bank and non-finance stocks from the BSE500 Index universe that offer an optimal blend of low valuation, reasonably robust revenue and earnings growth in recent quarters, a strong balance sheet, and most importantly, positive cash flow from their operations.
'India is the sixth-largest market for the Kia Corporation, and contributes 8 to 9 per cent to our global sales.' 'We are eyeing 10 per cent market share over the next few years depending on customer demand and new product innovations.'
The Sunrisers are once again betting big on their power-packed batting line-up to deliver the goods in IPL 2025.
Divya Nair/Rediff.com speaks to students and experts to find out whether it is better to study management in India or try for an international MBA.
HNI investors need an optimal mix of oversubscription and listing-day gain to make money on leveraged bets, notes Sanjay Kumar Singh.
