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Gaming ban puts billions of rupees in investor capital at risk

Mint Hyderabad

|

August 21, 2025

The new bill could also affect the plans of gaming companies that were preparing for initial share sales

- Sneha Shah & Priyamvada C.

Investors in real-money gaming startups are in wait-and-watch mode after the government unveiled a sweeping ban that could wipe out the billion-dollar industry.

The 'Promotion and Regulation of Online Gaming Bill 2025' bill was passed in the Lok Sabha on Wednesday by a voice vote amid protests by Opposition members. It will become law after it is cleared in the Rajya Sabha.

The bill treats fantasy games and online gambling alike, effectively criminalizing an industry that generated over $2 billion in revenue last year.

Bankers and investors

Mint Hyderabad से और कहानियाँ

Mint Hyderabad

How Korea became cool: Misconceptions played a role

Before dawn last Wednesday, three sisters in Ghaziabad, all minors, jumped out of a high-rise flat and ended their lives.

time to read

4 mins

February 10, 2026

Mint Hyderabad

Mint Hyderabad

Market regulator plans wider participation in social bourse

The Securities and Exchange Board of India (Sebi) has proposed sweeping changes to India’s Social Stock Exchange framework, including sharply lowering the minimum investment in social impact funds (SIFs) and easing fundraising norms for not-for-profit organizations (NPOs) with an aim to broaden participation and improve capital access.

time to read

1 mins

February 10, 2026

Mint Hyderabad

Mint Hyderabad

Hero Realty to launch 6 projects, enter new cities in a year: CEO

Hero Realty Pvt. Ltd, the real estate arm of Hero Enterprise Ltd, plans to ramp up its business by entering new cities, launching multiple projects and acquiring land, its top executive said.

time to read

1 mins

February 10, 2026

Mint Hyderabad

Zetwerk sees second high-profile exit

PO-bound manufacturing unicorn Zetwerk's electronics business head Josh Foulger has resigned from the company, according to the people familiar with the matter.

time to read

1 min

February 10, 2026

Mint Hyderabad

AI agents can do cool things but are hyped for the wrong reasons

Hype around every AI advance does a disservice to this technology and distracts us from real issues

time to read

3 mins

February 10, 2026

Mint Hyderabad

Mint Hyderabad

Bandhan’s Ghosh bats for longer bank CEO tenures

Ghosh stepped down as managing director and chief executive of Bandhan Bank in July 2024.

time to read

2 mins

February 10, 2026

Mint Hyderabad

Mint Hyderabad

The Chinese factory that opened in the U.S. and clobbered its rivals

President Trump has pressured trading partners for investment in U.S. manufacturing plants. What if local industries can’t compete?

time to read

7 mins

February 10, 2026

Mint Hyderabad

Two-wheeler firms try Make-in-Mexico

India's top two-wheeler exporters are looking to increase local assembly of motorcycles and scooters in Mexico to blunt the impact from the country's high tariffs on Indian exports imposed last December, and effective 1 January.

time to read

1 min

February 10, 2026

Mint Hyderabad

Mint Hyderabad

World's biggest nuclear plant in Japan restarts after hiccup

Japanese utility Tokyo Electric Power Co. restarted a reactor at the world’s biggest nuclear power plant, after an issue last month delayed the process.

time to read

1 min

February 10, 2026

Mint Hyderabad

Mint Hyderabad

Tata Steel hunts for iron ore as legacy mines’ leases to end

Firm meets 100% of iron ore needs from six legacy mines, but leases start expiring from 2030

time to read

2 mins

February 10, 2026

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