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Dream11 insolvency: NCLAT tells IRP to take no further steps in Dream11 insolvency; NCLT order to remain for now

The counsel appearing for the co-founder and COO of Dream11, Bhavit Seth, had requested that no further steps be taken in the insolvency resolution professional, as any action will adversely affect the company which is preparing for the upcoming IPL season.

India , Mumbai , Maharashtra , Bhavit-seth , Madan-bajrang-lal-vaishnawa , National-company-law-tribunal , National-company-law-appellate-tribunal , Bankruptcy-code , Reward-solutions , Dream11-insolvency , Nclat , Irp

RBI's new diktat on commercial card payments; Google, WhatsApp in fresh face-off

Indias central bank has asked Visa and Mastercard to stop card-based commercial payments made by corporations. This and more in todays ETtech Top 5.

Gurgaon , Haryana , India , Toronto , Ontario , Canada , Karnataka , United-states , America , Mayank-kumar , Bhavit-seth , Deborah-quazzo

Dream11's parent company challenges insolvency petition in NCLAT appeal

On Tuesday, Sporta Technologies, the parent company of Dream11, lodged an appeal with the National Company Law Appellate Tribunal (NCLAT) in Delhi, challenging the National Company Law Tribunal (NCLT) Mumbai's recent decision to accept an insolvency petition. The insolvency petition, filed by Reward Solutions' resolution professional, alleged that Sporta Technologies defaulted on dues amounting to Rs 7.61 crore. I

Parel , Maharashtra , India , Delhi , Mumbai , Mangalam-vanijya , Bhavit-seth , Madan-bajarang-lal-vaishnawa , National-company-law-tribunal , National-company-law-appellate , Sporta-technologies , Reward-solutions

Meet man, who faced 150 rejections, built Rs 64000 crore company, his father is Mukesh Ambani's...

With the increasing number of users on the Dream11 platform, the company achieved several other milestones. In 2020, it secured the sponsorship rights for the IPL, and currently, it holds the sponsorship for the Indian cricket team jersey as well.

Mumbai , Maharashtra , India , London , City-of , United-kingdom , Rachana-shah , Mukesh-ambani , Bhavit-seth , Anand-jain , Dhirubhai-ambani , University-of-pennsylvania

Indian Startup Dream11 To Fine Employees Rs 1 Lakh For Disturbing Colleague On Leave

Dream11, a fantasy sports platform, has introduced the "Dream11 Unplug" policy for all its employees to help them relax, rewind and rejuvenate on their leave days.

Bhavit-seth , Linkedin , Harsh-jain , Video-of-the , Dream11 , Work-policy , Startup ,

This company will fine Rs 1 lakh if you disturb an employee who is on holiday

Harsh Jain and Bhavit Seth stated that if the workers disturb another worker who is in their "Unplug" period will have to pay rupees 1 lakh. 

Bhavit-seth , Unplug-policy- , Harsh-jain ,

Indian tech company to impose Rs 1 lakh fine on employees for disturbing colleagues on holidays

Fantasy sports company Dream11 has come with a Dream 11 Unplug policy which is specially designed to let employees enjoy their holidays without having to deal with work emails, messages and calls.

Ankita-chakravarti , Bhavit-seth , Linkedin , Harsh-jain , Dream-11 , Ream-11-fantasy , Ffice , Nplug ,

Receiving 'important' office calls on vacation? Rs 1 lakh fine if you disturb your colleague in THIS company

Employees here are free to entirely disconnect from all work-related communications for a full week without any pressure.

Bhavit-seth , Twitter , Also-read , Harsh-jain , Dream-11 , Ream-11-unplug , Ream-11-fantasy , Hat-is-dream-11-unplug-policy ,

THIS Indian company sets new working trend! You've to pay Rs 1 lakh fine if you disturb your colleague during off days

Currently, Dream 11, which was created in 2008, has more than 15 crore users. It took on the role of the Indian Premier League's title sponsor in 2020.

New-delhi , Delhi , India , Bhavit-seth , Linkedin , Also-read , Post-office , Budget-expectations , Finance-minister , Harsh-jain , Dream-11 , Ream-11-unplug-features