Tag: Delta Corp
Delta Corp26 Sep, 2023 RMG Brands Slapped With GST Evasion Notices
The Directorate General of GST Intelligence (DGCI) has reportedly sent notices to online real money gaming (RMG) companies for alleged evasion of the goods and services tax (GST). As per media reports, about 80 online gaming companies have been issued tax notices for alleged GST evasion...
Delta Corp25 Sep, 2023 Tax Slap On Delta Corp Wipes Out ₹700 Crore From Its Market Cap
Monday morning brought bad news for Delta Corp, as the company’s shares hit a low and were reportedly quoted at ₹149.10. The share slipped by 15% from its previous close. At the time of writing this article, the stock was priced at ₹144.85. This drop in Delta Corp’s share price comes a...
Delta Corp03 Aug, 2023 Delta Corp Stock Prices Fall After FM’s 28% GST Decision
After the GST Council announced the 28% GST on the face value of deposits in online gaming yesterday, the stocks of Delta Corp tanked by 8% when the market opened this morning. It recorded an opening price of ₹189 at 9.30 PM, after closing at ₹196.50 yesterday at 3.30 PM. Finance Minis...
Delta Corp01 Aug, 2023 GST Uncertainty Forces Delta Corp To Keep IPO Plans On Hold
Delta Corp Ltd, one of the biggest names in the gaming and hospitality industry, is said to have decided to halt the plans of taking their online gaming division public. This decision to halt the IPO process is said to have been caused due to the uncertainties concerning the GST levy me...
Delta Corp21 Jul, 2023 BREAKING: DGGI Accuses Casinos In Goa And Sikkim Of 10,000 Crore Tax Avoidance, Delta Corp Under The Scanner
There has been a lot of unrest in the Indian gaming industry after the Goods and Service Tax (GST) levied a 28% tax on the full value of online gaming, horse racing and casinos. The new tax law will be applicable to games of skill and chance. Currently, India has just two gaming compani...
Delta Corp12 Jul, 2023 Delta Corp Share Price Nosedives After 28% GST Announcement
After the Goods and Service Tax (GST) Council yesterday declared a 28% GST on the full value of online gaming, horse racing and casinos, the stocks of Delta Corp. massively dipped this morning. 28% GST Effect Delta Corp’s closing price was recorded at ₹246.75 at the time of market...
Delta Corp21 Feb, 2023 Delta Corp’s ‘Fields Of Dreams’ Project Applauded By Virat Kohli
Virat Kohli, Indian international cricketer, former captain of the national team, and co-owner of FC Goa, the renowned Indian Super League football club, voiced his support for Forca Goa Foundation (FGF) and Delta Corp’s ‘Fields of Dreams’ project on Friday. With the aim to kick-start I...
Delta Corp23 Jan, 2023 Delta Corp To Submit Environment Impact Report For Its 3,000 Cr Project
As per the latest news reports, Delta Corp, India’s only listed casino and hospitality giant will be submitting a report to Goa’s State Expert Appraisal Committee (SEAC) upon the completion of its Environment Impact Assessment (EIA). This report is for the company’s proposed ₹3,000 Cror...
Delta Corp30 Dec, 2022 Delta Corp Merges Two Subsidiaries; Stock Price Sees An Uptick
India’s listed casino giant, Delta Corp, has revealed that it has completed the amalgamation of two of its subsidiaries —Daman Entertainment Private Limited (DEPL) and Daman Hospitality Private Limited (DHPL). The two subsidiaries were merged so that Deltin can do optimal utilizat...
Delta Corp04 Oct, 2022 Deltatech Gaming Gets Approval For 550 Crore IPO
Deltatech Gaming Ltd., a subsidiary of India’s largest gaming and casino brand Delta Corp, has received approval for carrying out an initial public offering (IPO) worth ₹550 Crore. Deltatech Gaming Limited was formerly known as Gaussian Networks. It has played a significant role i...
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