Business

Dream11 Parent Dream Sports Launches Fintech App ‘Dream Money’ After Gaming Ban
24 Aug

Dream11 Parent Dream Sports Launches Fintech App ‘Dream Money’ After Gaming Ban

Rajeev Sharma0 CommentsBusiness, India, , , , ,
Mumbai, August 24 – Dream Sports, the parent company of Dream11, has entered the financial technology sector with the launch of its personal money management app, Dream Money. The move follows the Online Gaming Bill receiving presidential assent, which banned all real-money online games across India.Dream11, once India’s largest fantasy sports platform, has now transitioned fully into a free-to-play social gaming service in compliance with the Promotion & Regulation of Online Gaming Law, 2025. With Dream Money, the company aims to position itself as a financial planning and investment partner for millions of users.Currently in pilot phase, Dream Money allows…
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24 Aug

Jammu – Government Orders Closure of All Schools on August 25

Gurpreet Singh0 CommentsBusiness, , , ,
National Times Bureau :- Jammu and Kashmir continues to reel under the impact of relentless rains, leaving large parts of the Jammu division waterlogged and severely affecting daily life. Several areas are witnessing flood-like conditions, creating major disruptions in transportation and posing challenges for residents. In response to the deteriorating weather, the Jammu and Kashmir government has announced a complete closure of all government and private schools across Jammu division on Monday, August 25. According to an official notification issued by the School Education Department, the decision was taken in view of the persistent heavy rainfall and waterlogging in multiple…
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Anil Ambani, Reliance Communications Face Fresh Fraud Tag from Bank of India
24 Aug

Anil Ambani, Reliance Communications Face Fresh Fraud Tag from Bank of India

Rajeev Sharma0 CommentsBusiness, India, , , , ,
New Delhi, August 24 — Bank of India has classified Reliance Communications’ loan account as fraudulent, joining State Bank of India in raising allegations of fund diversion against the company and its former director Anil Ambani. The disclosure came through a stock exchange filing on Thursday.The bank said it sanctioned a ₹700 crore loan in August 2016 for capital expenditure, operational costs, and repayment of liabilities. However, nearly half of the funds were allegedly diverted into fixed deposits, a move outside the terms of sanction.Reliance Communications acknowledged receiving a letter from Bank of India dated August 8, informing that the…
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CBI Files Bank Fraud Case Against Anil Ambani and Reliance Communications
23 Aug

CBI Files Bank Fraud Case Against Anil Ambani and Reliance Communications

Rajeev Sharma0 CommentsBusiness, India, , , , ,
New Delhi: The Central Bureau of Investigation (CBI) has lodged a case against Reliance Communications (RCom) and its promoter-director Anil Ambani over an alleged bank fraud that caused losses of over Rs 2,000 crore to the State Bank of India (SBI).Officials confirmed that searches are underway at Ambani’s residence as well as premises linked to RCom. The case stems from a complaint filed by SBI, which classified the company’s account and its promoter as “fraud” in line with the Reserve Bank of India’s (RBI) directions on fraud risk management.According to the complaint, SBI’s total exposure includes a fund-based principal outstanding…
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India to Announce New Semiconductor Projects as SEMICON India 2025 Nears
22 Aug

India to Announce New Semiconductor Projects as SEMICON India 2025 Nears

Rajeev Sharma0 CommentsBusiness, India, Technology, ,
New Delhi, August 22: The Ministry of Electronics and Information Technology (MeitY) has indicated that the government may soon unveil two to three small semiconductor projects, marking another step in India’s ambitious push for chip manufacturing.MeitY Secretary S. Krishnan revealed that these projects could be funded through the remaining resources of the India Semiconductor Mission 1.0. Out of the ₹76,000 crore outlay under Semicon 1.0, about ₹64,000 crore has already been committed to chip fabrication facilities, ₹10,000 crore to the Semiconductor Laboratory in Mohali, and ₹1,000 crore for the Design-Linked Incentive scheme.The ministry is also in talks with the Finance…
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Zupee Pulls Plug on Real Money Games as Online Gaming Bill Gets Parliament Nod
21 Aug

Zupee Pulls Plug on Real Money Games as Online Gaming Bill Gets Parliament Nod

Rajeev Sharma0 CommentsBusiness, , , ,
New Delhi, August 21 – Popular skill-based gaming platform Zupee has announced it will discontinue its real money gaming services following the passage of the Online Gaming Bill 2025 in both Houses of Parliament.A Zupee spokesperson confirmed that while paid offerings will be phased out, its free games, including Ludo Supreme, Ludo Turbo, Snakes & Ladders, and Trump Card Mania, will remain available to over 150 million users across India. “We remain committed to delivering fun, engaging, and responsible gaming and entertainment experiences for free,” the spokesperson said.The Rajya Sabha passed the Promotion and Regulation of Online Gaming Bill on…
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Phillaur Case: Woman Commission Takes Strict Stand on Drugging, Harassment and Video Recording Incident
20 Aug

Phillaur Case: Woman Commission Takes Strict Stand on Drugging, Harassment and Video Recording Incident

Gurpreet Singh0 CommentsBusiness
National Times Bureau :- The Punjab State Women Commission has taken a serious view of the shocking incident reported from Phillaur, where a woman was allegedly given intoxicants, harassed, and recorded on video without her consent. According to initial reports, the victim alleged that she was forcibly made to consume intoxicating substances before being subjected to physical and mental harassment. The accused also filmed the act, further aggravating the trauma. Taking strict note of the matter, the Women Commission has demanded swift police action and assured the victim of full support. The Commission chairperson stated that such crimes against women…
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Russia Pins Hopes on India to Keep Oil Trade Flowing Despite US Pressure
20 Aug

Russia Pins Hopes on India to Keep Oil Trade Flowing Despite US Pressure

Rajeev Sharma0 CommentsBusiness, India, World News, , ,
New Delhi, August 20 – Russia has expressed confidence that India will not scale down crude oil imports despite rising American pressure, stressing that the two countries have developed a “special mechanism” to sustain trade.Addressing a press conference in New Delhi on Wednesday, Russia’s Chargé d’Affaires Roman Babushkin made it clear that Moscow values its energy partnership with New Delhi. “We don’t hope that India will stop buying oil. We have a true strategic partnership and are committed to removing any challenge,” he said.Russia’s Deputy Trade Representative Evgeniy Griva, who was also present, reaffirmed that crude oil supplies to India…
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OpenAI Launches ChatGPT Go in India at ₹399 to Boost AI Accessibility
19 Aug

OpenAI Launches ChatGPT Go in India at ₹399 to Boost AI Accessibility

Rajeev Sharma0 CommentsBusiness, India, , , ,
New Delhi — OpenAI has rolled out ChatGPT Go, a new subscription plan exclusively for Indian users, priced at ₹399 per month. The plan seeks to make advanced AI tools more affordable in one of the company’s fastest-growing markets.The subscription offers ten times higher message limits compared to the free plan, along with access to image generation, file uploads, memory features, and enhanced Indic language support powered by GPT-5. OpenAI said ChatGPT Go is designed for Indians seeking broader access to premium features at a lower price point.In a move to simplify payments, the company has enabled UPI India’s most…
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Pong Dam Water Level Rises Above Danger Mark, Warning Issued to Release Up to 75,000 Cusecs
19 Aug

Pong Dam Water Level Rises Above Danger Mark, Warning Issued to Release Up to 75,000 Cusecs

Gurpreet Singh0 CommentsBusiness, , , , , ,
National Times Bureau :- The water level in Pong Dam has crossed the danger mark, forcing authorities to release excess water downstream. Officials confirmed that within the last 24 hours, the dam’s water level has risen by three feet. In response, the dam administration has increased the discharge by 6,000 cusecs, with advance notice that the outflow may go up to 75,000 cusecs if required. The information was shared through an official letter by the Additional Superintending Engineer of BBMB’s Water Regulation Cell, Talwara. He stated that due to heavy rainfall in Himachal Pradesh, water inflow into Pong Dam continues…
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