Dream11, one of India's most popular gaming apps backed by Tiger Global, is facing a police case in the state of Karnataka for alleged violation of a new local law that prohibits online gaming.
Reliance Industries Ltd's retail arm said on Thursday it would roll out 7-Eleven Inc convenience stores in India, days after Future Retail Ltd ended a similar deal with the U.S. chain.
Sequoia Capital-funded Mobile Premier League (MPL) was among the first few gaming startups that began blocking access to users in the Indian state of Karnataka on Wednesday following a ban on online gaming.
Indian shares were little changed on Tuesday after opening lower, as gains in energy and metal stocks offset losses in tech and pharma, with investors expecting global concerns over rising oil prices to keep markets volatile.
Indian shares closed higher on Tuesday, as technology stocks erased early losses and the energy index touched a record high, although there was some caution among investors due to inflationary worries from stronger crude oil prices.