Business Standard

Unaccountable Incomes

Unacademy CMO Karan Shroff quits firm year after being made partner

CEO recently said edtech unicorn may see a funding dry spell for at least 12-18 months and it would cut costs

Unacademy CMO Karan Shroff quits firm year after being made partner
Updated On : 01 Sep 2022 | 7:45 PM IST

ED attaches assets worth Rs 409.92 crore in lottery scam case

The Enforcement Directorate (ED) said on Saturday that it has provisionally attached movable assets worth Rs 409.92 crore in a lottery scam case involving Martin Santiago, better known as 'Lottery King'."ED has provisionally attached movable assets worth Rs 409.92 crore under PMLA, 2002 in the case of Lottery scam against M/s. Future Gaming & Hotel Services Pvt. Ltd. & its various sub-distributors/area-distributors," the Enforcement Directorate said in a tweet.Future Gaming & Hotel Services Private Limited is led by Santiago Martin who built his business empire by printing and selling lottery tickets.Having started out as a labourer in Yangon, Myanmar, he returned to India, starting his business in Tamil Nadu in 1988, and slowly expanded to Karnataka and Kerala. But in 2003, Martin had to take his business outside Tamil Nadu, after the state government banned lotteries.The ED has attached various immovable and movable assets of Future Gaming & Hotel Services ...

ED attaches assets worth Rs 409.92 crore in lottery scam case
Updated On : 02 Apr 2022 | 4:25 PM IST

MLAs are getting richer; politics is getting dirtier, shows ADR report

Kerala assembly has the worst criminal track record, Tamil Nadu will be the richest

MLAs are getting richer; politics is getting dirtier, shows ADR report
Updated On : 05 May 2021 | 6:03 PM IST

Black money: Chemicals, construction, seen generating unaccounted incomes

Flow of black money abroad ranged from less than one to seven per cent of GDP between 2000-2010

Black money: Chemicals, construction, seen generating unaccounted incomes
Updated On : 19 May 2017 | 4:53 PM IST