Page 2 - Betting

TMS Ep587: Infosys exits, IPL auctions, markets, Mahadev betting app

Why is Infosys losing talent at the top? Will IPL auctions see a generational shift? Will the markets rally continue for the 8th week? What is the Mahadev betting app case? All answers here

Madras HC convicts ex-IPS officer Sampath Kumar in Dhoni's contempt plea

The Madras High Court on Friday imposed a punishment of 15 days' simple imprisonment on retired IPS officer G Sampath Kumar in a contempt of court case filed by former Indian cricket team captain Mahendra Singh Dhoni. A division bench comprising Justices S S Sundar and Sunder Mohan found Sampath Kumar guilty of committing criminal contempt. "However, taking into consideration the credentials of the respondent (Sampath Kumar), as projected by him in his written statement as well in the reply affidavit, this court, showing lenience, restricts the punishment for a period of 15 days." "Even though a request is not received from the side of the respondent, this court is inclined to exercise its power under section 19 (3) of the Contempt of Courts Act and suspend the execution of punishment imposed on the respondent by this court, for a period of 30 days" (to enable him file an appeal). In his contempt petition, Dhoni sought to punish Sampath Kumar for the remarks made by him against the

Mahadev app case: Actor Sahil Khan, 3 others summoned for questioning today

In the Mahadev betting app case, there are allegations of fraud of 15,000 crore rupees along with match-fixing, illegal hawala, and cryptocurrency transactions

MPL's revenue surges 63% to $104.6 mn in FY23; losses narrowed by over 70%

The gaming unicorn has derived 38% of this revenue from its operations in international markets up from 11 per cent in FY22

Fantasy sports companies get World Cup boost, witness growth in revenue

Spurred by increased traffic, gaming unicorn Dream11, the largest Indian platform for fantasy gaming, breached the 200 million-threshold of registered users on its platform

Mumbai Police forms special team to investigate 'Mahadev App' case

FIR registered at Matunga police station in the case has been transferred to the Mumbai crime branch

LIVE updates: Hearing for Adani-Hindenburg case scheduled for Friday

Catch all the latest updates from across the globe here

Probe in Mahadev betting app scam transferred to Mumbai Crime branch

Mumbai Police registered a case against 32 people, including the director of Dabur, Gaurav Burman and company chairman Mohit Burman, alleging a connection to the betting app scam

Australia beat India to win the Cricket World Cup final, upsetting bettors

In Australia, Sportsbet was offering 2.9 times the amount for an Australia win as of Friday, more than twice the payout for an India win at 1.4 times

Dabur group chairman, director booked in alleged Mahadev betting app case

According to the First Information Report (FIR), Mohit Burman has been listed at 16 number while Gaurav Burman is at number 18 as alleged accused in the alleged Mahadev betting app

Noida Police books 18 in Mahadev app case under provisions of Gangster Act

The Noida Police has booked 18 accused in the Mahadev App case under the provisions of the Uttar Pradesh Gangsters and Anti-Social Activities (Prevention) Act.Noida Commissioner of Police Lakshmi Singh has acted against 18 people after registering a case at the Sector 39 police station. Noida Police had also written to the government to ban the app.The Directorate of Enforcement (ED) is investigating Mahadev Book Online Betting APP syndicate in which the promoters of this betting syndicate are allegedly sitting abroad and remotely running thousands of panel across India with the help of their friends and associates.According to the ED it has already arrested 4 accused persons and seized proceeds of crime worth more than Rs 450 Crore and has filed a prosecution complaint against 14 accused persons.On November 2 ED received intelligence input that large amount of Cash is being moved in Chhattisgarh by the promoters of Mahadev APP in relation to Assembly Elections scheduled on 7th &

Mahadev betting app: Mumbai police register FIR against 32 people for fraud

The Mumbai police have registered an FIR against 32 people, including the "promoter" of the Mahadev' betting app, for allegedly committing a fraud of nearly Rs 15,000 crore, an official said on Wednesday. According to the Matunga police official, the first information report (FIR) was registered on Tuesday against app promoter Saurabh Chandrakar, and key accused Ravi Uppal and Shubham Soni and others for committing the fraud since 2019 until now. The case was registered on the direction of the 30th Kurla court under Indian Penal Code sections 420 (cheating), 120-B (conspiracy), IT Act (for cyber terrorism) and the Gambling Act, the official said. As per the FIR, the accused have defrauded people of nearly Rs 15,000 crore. The Enforcement Directorate last week claimed that a forensic analysis and a statement made by a 'cash courier' had led to startling allegations that Mahadev betting app promoters have paid about Rs 508 crore to the Chhattisgarh chief minister so far, and that "th

Mahadev aap ran under patronage of Bhupesh Baghel's police: Amit Malviya

The central agency added that the arrested person, Asim Das, confessed that Rs 508 crore has been so far paid to the Chhattisgarh Chief Minister by Mahadev app promoters

Why has Mahadev app not been banned till now, Baghel asks PM Modi

PM Modi at a rally in Durg district said the Congress needs to answer as to what links it has with people in Dubai who were accused in the scam

Didn't even spare name of 'Mahadev': PM attacks Baghel on betting app row

Prime Minister Narendra Modi on Saturday attacked Chhattisgarh Chief Minister Bhupesh Baghel over the alleged 'Mahadev' betting app scam, and said the Congress leader should tell what links he has with the accused in the case. Modi was addressing a public meeting in Durg city of poll-bound Chhattisgarh, a day after the Enforcement Directorate (ED) claimed that a forensic analysis and a statement made by a 'cash courier' have led to "startling allegations" that Mahadev betting app promoters paid about Rs 508 crore to Chhattisgarh CM Baghel so far. Modi also announced that his government's free ration scheme Pradhan Mantri Garib Kalyan Anna Yojana for 80 crore poor will be extended for next five years. Accusing the Congress of abusing him and the entire Other Backward Classes (OBC) community, Modi said he was not scared of abuses. "Congress government in Chhattisgarh has not spared any chance to loot you. They have not even spared the name of 'Mahadev'. Just two days ago, a major ...

ED files chargesheet in Mahadev betting case that surfaced in Chhattisgarh

The Enforcement Directorate (ED) has filed its first chargesheet in connection with its money laundering investigation into the Mahadev betting app case that surfaced in Chhattisgarh recently, sources said. The prosecution complaint was filed by the federal probe agency before the special Prevention of Money Laundering Act (PMLA) court in Raipur on Friday, official sources said. The ED has named 14 persons in the prosecution complaint, including alleged main promoters of the Mahadev Book app Sourabh Chandrakar and Ravi Uppal besides Vikas Chhapariya, Chandrabhushan Verma, Satish Chandrakar, Anil Dammani, Sunil Dammani, Vishal Ahuja, Dheeraj Ahuja, Srijan Associates through Punaram Verma, Shiv Kumar Verma, Punaram Verma Shiv Kumar Verma, Yashoda Verma, Pawan Nathani, they said. Sourabh Chandrakar and Ravi Uppal had denied any wrongdoing. The operative part of the chargesheet runs into 197 pages, while the annexures add about 8,800 more pages. The projected proceeds of the alleged c

Centre mulls stricter UPI transfer regulations to curb illegal betting

The Centre has found 114 illegal betting and gambling platforms operating in the country. Such platforms are taking in UPI payments through proxy bank accounts

Mahadev betting case: What is it and why Ranbir Kapoor has been summoned?

The estimated monetary value of the scam has reached Rs 5,000 crore and may increase as investigation moves forward

ED summons various Bollywood stars in connection with Mahadev betting case

From actor Ranbir Kapoor to comedian Kapil Sharma, many celebrities have been summoned by the Enforcement Directorate (ED) in Mumbai regarding Mahadev betting app scam case

IPL betting: Businessmen, criminals among 53 arrested from posh locations

The police used special tactics to nab the betting rackets. In one instance, the police sent one of their team members acting as a pizza-delivery boy to the suspected flat