The $2 billion gaming company purchased electoral bonds worth ₹1,368 crore between April 2019 and January 2024, according to data shared by the Election Commission of India (ECI) on the orders of the Supreme Court.
While the names of Future Gaming, earlier known as Martin Lottery Agencies, and its founder Santiago Martin came as a surprise to many on Thursday, they are no strangers to controversies. Their story is nothing short of a Bollywood movie. A tumultuous tale of the meteoric rise and fall of a company, a rags-to-riches story of its owner, who started as a labourer in Myanmar before shifting in 1988 to Tamil Nadu where he started his business in 1991 and metamorphosed into the 'Lottery King' of India.
The company reportedly donated ₹150 crore in 2020-21, ₹544 crore in 2021-22, ₹328 crore in 202223 and 341 crore in 2023-24.
During these years, the company's maximum profit before tax (PBT) was reported at ₹84.79 crore in 2020-21, while in all other years, it posted a PBT of over 82 crore.
Diese Geschichte stammt aus der March 16, 2024-Ausgabe von Business Standard.
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Diese Geschichte stammt aus der March 16, 2024-Ausgabe von Business Standard.
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An Indian anthropologist ahead of her time
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Footfall, enquiries, and bookings at car dealerships are rising, driven by attractive offers and promotions. These special deals typically start in October and run until the New Year.
Noel's appointment as Tata Trusts' chair signals continuity: Analysts
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Sebi intervenes in ₹45cr Trafiksol IPO irregularity
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India-focused funds log first weekly redemption in 19 mths
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