The Enforcement Directorate (ED) on Friday arrested a suspected Delhi-based bookie after launching searches in multiple cities.
The Madras high court had said in its 2021 judgment that a new law to ban online gambling may be enacted by the government and this made it clear that the state legislature is competent to pass a Bill to ban online rummy, Tamil Nadu Law Minister S Regupathy said in Chennai on Thursday.
'In India, the GenAI startup ecosystem is unfolding with remarkable speed, signalling a new era of technological advancement and investment opportunities.'
Shares of real estate firms have been outperforming over the past year. The rally, analysts say, may hit roadblocks in the near term amid stretched valuations, even as the long-term prospects for the sector remain ebullient. "Most of the positive news flow is already in the price. Hence, investors sitting on hefty profits may partially cash out at current levels," suggests V K Vijayakumar, chief investment strategist at Geojit Financial Services.
'Where betting is legalised it is heavily regulated and they work in close conjunction with us, so it does assist us' 'Sometimes these corruptors are like paedophiles and what I mean by that analogy is that they are prepared to spend a long time particularly grooming young players'
Buoyed by Sooryavanshi's success, the Hindi film industry is banking on 25-30 big movies lined up with a collective cost tag of Rs 2,000 crore.
ICC's Anti-Corruption chief Lord Paul Condon said players are still susceptible to accepting bribes to under-perform during a particular phase of a match.
Spanish second division clubs Las Palmas and Rayo Vallecano, and seven professional players are to be investigated in a probe into betting on matches, Las Palmas said on their website.
Have a Plan B in place if the tide turns against you.
For five consecutive policy reviews in 2023, the Reserve Bank of India (RBI) chose to hold rates, citing inflation threat. And when the prices did cool off a bit, it reminded all about the target to get the headline consumer price inflation at 4 per cent and the risks from food inflation. Heading into the new year, all eyes are on when RBI will cut the rates, especially after one of the Monetary Policy Committee (MPC) members stressed on the need for such an action in the face of the US Federal Reserve's guidance for easing rates.
The Crime Branch of Chandigarh Police on Sunday said that it had cracked a major cricket-betting racket and arrested four bookies in the city.
In India's fifth year of deficit-fuelled poor-quality growth, an investment recovery will still be distant.
Betting industry representatives will meet organisers of the London Olympics on Tuesday to discuss ways to prevent illegal gambling which some officials regard as a bigger threat to the integrity of the Games than doping.
Bookies are betting big this election. In Andhra Pradesh, the stakes have touched nearly Rs 10,000 crore over who would form the government in Telangana and Andhra Pradesh (Seema-Andhra).
Renewed inflationary pressures, led by a spike in prices of vegetables and cereals, have cast a spell on the equity markets in the past month. The BSE Sensex and Nifty50 have declined up to 2 per cent each during the period, clipping the 13 per cent rally from the March lows, shows data from ACE Equity. Investors typically consider shares of fast-moving consumer goods (FMCG) companies as defensive bets, putting their weight behind them in a falling market.
England Under-21 winger Andros Townsend has withdrawn from the squad for June's European Championship in Israel after being charged by the FA with alleged betting offences.
If investors still have appetite to buy shares in one of the region's most expensive markets, Coal India might stack up.
Assume Voot, JioCinema and Disney+ Hotstar are merged into one entertainment app, and you have a streaming service with more than 233 million unique visitors. That is a reach just under half of India's largest streaming app: YouTube. 'This level of consolidation does not exist even in the US.'
The Mumbai police on Friday arrested big-time bookie Shobhan Mehta in connection with the IPL betting case after picking up him from Goa. The latest arrest takes the number of arrests in the case to 17.
Why did Modi single out the Congress and its leaders for the most pugnacious verbal assault while sparing other regional adversaries? If he is trying to get some parties to break the Opposition ranks, it means that the BJP's present bravado is for effect. Nilanjan Mukhopadhyay, author of Narendra Modi: The Man, The Times, begins a new column for Rediff.com.
Is 2024 a done deal for the BJP? It was a done deal five years ago itself, but it did not have a guarantee.
Now, with the temple consecration, it seems to have acquired a Ramji Ki Guarantee, notes Saisuresh Sivaswamy.
Indeed has seen an increase in listings for drivers, food delivery runners, and other service providers.
Under the agreement, the betting exchange will provide the identities of individuals betting on matches considered suspicious.
The company's facebook page states that it proposes to get into betting only if it is legalised in India, reports Vicky Nanjappa
Nikolay Davydenko said an on-court conversation with his wife Irina may have accidentally triggered the betting scandal which has plagued him since last year. The Russian world number four's match against Argentine Martin Vassallo Arguello in Sopot, Poland on August 2 2007 is under investigation by the sport's governing body.
Bar, in his first comments following the surprise attack that has left everybody shell-shocked in Israel, said the ISA 'failed to generate' a warning.
The Congress leader, who resigned as the chief minister Sunday night, emerged victorious in the Patan assembly seat, defeating BJP candidate Vijay Baghel by 19,723 votes in the state assembly elections held last month.
An interview with executive director V Srinivasa Rangan.
If the spot-fixing scandal in cricket and the revelations around it prove anything, it is that the time has come to legalise betting in India, feels Ayaz Memon.
In the wake of controversy over spot-fixing in IPL matches, the Sports Ministry has started holding consultations with the Law Ministry to draft a new law to deal with betting in sports.
The Raj Bhavan has returned a bill banning online rummy to the Tamil Nadu assembly for its reconsideration, official sources said in Chennai on Wednesday.
Former Pakistan Test off-spinner and current umpire Akram Raza has been arrested after police conducted a raid to bust a gang of bookmakers taking illegal bets on the ongoing Indian Premier League matches.
'This year's detection of frauds and probable recovery will be mainly driven by several compliance measures put in place, and amendments made to the GST regime to plug revenue leakages particularly in new-edge sectors.'
From the Sensex pack, Bharti Airtel, HDFC Bank, Titan, UltraTech Cement, ITC, Sun Pharma, Bajaj Finserv, Bajaj Finance, Hindustan Unilever and Kotak Mahindra Bank were among the major gainers. Tata Steel, Axis Bank, NTPC, ICICI Bank and IndusInd Bank were the major laggards.
'Our preference remains for the less-expensive industrial stocks, which are showing good earnings momentum.'
Online sports platform Mobile Premier League has laid off around 350 people or about half of India team to cut down on expenses and bear the burden of increased GST of 28 per cent, according to an internal company email. The GST Council has decided to levy a 28 per cent GST on online gaming and casinos on the face value of bets at the entry level. The Centre will bring amendments to the Central GST law in the ongoing monsoon session of Parliament, following which states will pass the amendments in their respective assemblies to pave the way for the introduction of changes in the law by October 1.
Pakistan leg-spinner Danish Kaneria has been cleared by Essex police of betting during an English county match last season, his lawyer said. 'The police have cleared Danish as they didn't find any concrete evidence to support the allegations,' Furqan Anwar siad on Wednesday.
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