in5points
BusinessNDTV

Ebix Group Chairman Vikas Garg Arrested In Mahadev Betting App Case

in5points
  1. Ebix Group Chairman Vikas Garg was arrested in the Mahadev betting app case.

  2. Garg is accused of using proceeds of crime to buy a 64% stake in EbixCash.

  3. The arrest is part of an ongoing investigation into the Mahadev betting app scandal.

  4. EbixCash is a financial services subsidiary of Ebix Group.

Story angle

Center-right

L
CL
C
CR
R

Mostly straight facts, with a light government- or market-friendly tilt.

About how the story is framed, not whether the facts are true.

NDTV

Center-right

Mixed factuality

Who owns this?

Gautam Adani

Adani Group

Gautam Adani

Acquired by Adani Group in 2022 from the founders.

Wikipedia: Gautam Adani