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2025-08-20 11:38:23| The Economic Times

Sebi has de-frozen Sanjiv Bhasins trading and demat accounts after he deposited Rs 1 crore, complying with SATs directive. The former IIFL director remains under investigation for alleged stock manipulation involving profit-making trades before media recommendations. In the appeal filed before SAT, Bhasin said that the maximum profit alleged to have been made is Rs 62.75 lakhs even if the calculation made by Sebi is taken at the highest.

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2025-08-20 10:59:27| The Economic Times

Denmark's government, concerned about a growing "reading crisis," plans to eliminate the 25-percent sales tax on books, currently the highest in Europe. Culture Minister Jakob Engel-Schmidt announced the proposal, estimating an annual cost of 330 million kroner ($51 million).

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2025-08-20 10:38:05| The Economic Times

Nitish Mittersain of Nazara Tech clarifies the online gaming rules impact. He states PokerBaazi stake doesn't affect consolidated revenue. A past PAT loss of 20-25 crore from Moonshine is noted. Future investments are under evaluation pending bill details. Existing investments in PokerBaazi might face write-offs. Nazara is well-capitalized with 800 crore cash.

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