Conclusion?π
SAHARA sponsored India : Sahara went bankrupt, & the owner went to Jail. OPPO sponsored India : Oppo got boycotted by Indians, Declined. STAR sponsored India : Lost all major rights to Jio and Sports 18. BYJUS sponsored India : incurred huge losses, got exposed , had to lay off employees. DREAM 11 is sponsoring India : 28% GST applied, got tax evasion notice of 40,000 crores
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News Discussion on
by Thomas_Shelby
Swiggy
40,000Cr GST notice to Dream11
40,000Cr to Dream11 20000Cr to GamesKraft 16,000Cr to Deltacorp This will be a major blow to the online betting industry. All the top companies have taken a major hit. Will be interesting to see how they recover from it. Deltacorp shares already down 18% today!
Central Board of Indirect Taxes and Customs is likely to send show cause notices to over 40 skill-gaming companies for alleged tax evasion a...
https://www.moneycontrol.com/news/business/dream11-parent-approaches-bombay-high-court-challenging-gst-evasion-notice-11426751.html
News Discussion on
by ShinyDoc11
Morgan Stanley
Thatβs massive- 11k to be laid off @jioMart
JioMart, Reliance Retail's online shopping platform, has reportedly laid off over 1,000 employees and plans to cut 9,900 more roles.
https://techcrunch-com.cdn.ampproject.org/c/s/techcrunch.com/2023/05/22/reliance-jiomart-to-cut-11000-jobs-report-says/amp/