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Ebix Group Chairman Vikas Garg Arrested In Mahadev Betting App Case

in5points
Ebix Group chairman Vikas Garg arrested in Mahadev betting app case.
Garg allegedly used proceeds of crime to buy 64% stake in EbixCash.
Case involves financial fraud linked to an illegal betting platform.
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Center-right
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Mostly straight facts, with a light government- or market-friendly tilt.
About how the story is framed, not whether the facts are true.
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Mixed factuality
Who owns this?
Adani Group
Gautam Adani
Acquired by Adani Group in 2022 from the founders.
Wikipedia: Gautam Adani