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IPL: Dream11, Ceat, Aramco among companies in fray for IPL partnership

Nine major companies, including Dream11, Ceat, Saudi Tourism, Aramco, Mastercard, RuPay, PhonePe, MyCircle11, and DP World, have purchased the tender document for the IPL associate and special partner slots. Among them, five are existing sponsors of the IPL. Dream11 and MyCircle11, both fantasy sports companies, are expected to compete against each other.

Saudi-arabia , India , Saudi , Saudi-aramco , Mastercard , Indian-premier-league , Saudi-tourism , Purple-cap , Ipl , Ceat , Aramco

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

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

dream11 fy23 revenue: Dream11 revenue grows 66% in FY23; firm's auditor flags impact of GST dues

Dream11's auditor SR Batliboi & Co, an affiliate of EY, said the notices issued to the company by GST authorities seeking more than Rs 28,000 crore in past tax dues “may cast significant doubt on the groups ability to continue as a going concern”.

India , Bengaluru , Karnataka , Lucknow , Uttar-pradesh , Mumbai , Maharashtra , Sr-batliboi-co , Indian-premier-league , Indian-school-of-business , Programme-in-fintech

Players in crossfire as online gaming firms grapple with massive tax hit

While online gaming firms might be able to absorb a portion of the higher tax rates, the challenge lies in retaining users while passing on some of the tax burden to them

Trivikraman-thampy , Sudhir-kamath , Sporta-technologies , Nazara-technologies , Classic-rummy , Online-gaming , Rummy , Poker , Gst , Tax , Games24x7

Dream11 Launches 'Dream Responsibly' as Commitment to Safe, Trusted & Accountable Gaming

Pti: Dream11 Launches 'Dream Responsibly' as Commitment to Safe, Trusted & Accountable Gaming

India , Indian-railways , Press-trust-of-india , Dream11 , Launches , Dream , Responsibly , As , Commitment , To , Safe

Dream11 parent prepares war chest as it pivots M&A strategy

The company has been looking for large acquisitions since it pivoted its strategy over the past two months from minority transactions 'significant minority' or full-control deals.

India , Raj-rathi , Dev-bajaj , Dream-capital , Dream-sports , Sporta-technologies , Dream11 , Online-gaming-industry , Online-gaming-companies , Mergers-and-acquisitions , Inorganic-growth