The morning context breaks Indian laws
They are illegally registered in Singapore and keep moving headquarters to hide from rules of the land, a friend in marketing told me. Media businesses are supposed to be registered ij the country. Why is no one pulling them up? I think Gaurav Munjal should sue them and shut them once and for all. There is no accountability in media left man. Ps- I’m not a fan of the company’s business model but I do respect founders.
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3 months ago
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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