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The Kolkata-based company stated that the development will have ”no impact on financial, business operations or other activities”.
The Directorate of Enforcement (ED), Bengaluru Zonal Office, has frozen assets worth around Rs 192 crore belonging to Zo Games Pvt Ltd, a wholly owned Indian subsidiary of WinZO Pvt Ltd, following search operations conducted under the Prevention of Money-Laundering Act (PMLA), 2002. In a statement, the ED said the assets were classified as Proceeds of Crime (POC) and frozen in the form of bank balances, fixed deposits and mutual funds under Section 17(1A) of the PMLA. The action followed a search carried out on December 30, 2025, at the premises of the accounting firm linked to WinZO Pvt Ltd, which operates an online real money gaming platform through its WinZO app. The agency said the latest searches build on earlier search and seizure operations conducted on November 18, 2025, at the company’s offices and at the residential premises of one of its directors. Based on evidence gathered during the searches and subsequent investigation, the ED alleged that WinZO was engaged in decepti...
The projects approved amount to an investment of ₹41,863 crore, and the scheme is designed to push firms to be first to the finish line to avail of the incentives.
The flash strike by app-based delivery workers has reignited concerns over ultra-fast delivery timelines, wage stagnation and safety risks, even as the Centre moves to roll out social security rules for gig workers in a rapidly expanding platform economy.
The report by Bank of Baroda noted that over half of India’s total proposed capital investment (51.2%) is concentrated in just three states — Andhra Pradesh, Odisha, and Maharashtra.
For the week ended December 26, foreign currency assets, a major component of the reserves, increased by $184 million to $559.612 billion, the data released by the central bank showed
Mahindra Group CEO and Managing Director Anish Shah said said the group faced "unprecedented level of uncertainty" in 2025, but credited his colleagues for taking it in stride and helping stay on track.
Buffett said Abel will take over key decision-making responsibilities.
Domestic advances grew 7.42% year-on-year to ₹9,80,643 crore in the December quarter, up from ₹9,12,927 crore last year. Sequentially, domestic advances increased 4.07% from ₹9,42,273 crore. Shares of Union Bank of India Ltd ended at ₹157, up by ₹3.42, or 2.23%, on the BSE today, January 2.
Avenue Supermarts, operator of DMart, posted a 13% YoY increase in standalone Q3 revenue to Rs 17,613 crore, while its store count rose to 442. The provisional update reflects steady growth momentum for the retail chain, supported by continued expansion and consistent improvement in revenue across its operations.
Avenue Supermarts Q3 Update | Revenue for the quarter ended December 31, 2024, was ₹15,565.23 crore. Shares of Avenue Supermarts Ltd ended at ₹3,721, up by ₹0.13, or 4.90%, on the BSE.
PNB reported a steady Q3 update with global business rising 9.6% YoY to Rs 28.92 lakh crore and advances growing 11%. Deposits saw healthy expansion, while domestic business improved 9% YoY. The bank’s shares gained over 1% as it continued to trade above key moving averages, reflecting strong investor interest.
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