Annual turnover of ‘lottery king’ Martin’s business at Rs 15,000 crore: ED probe | India News – Times of India

NEW DELHI: Coimbatore-based Santiago Martin, better known as ‘lottery king‘, has an annual turnover of Rs 15,000 crore from his lottery business, according to an ongoing ED probe that began in 2014. The enforcement agency has already attached properties and other assets worth over Rs 1,000 crore of Martin – Rs 622 crore by its…

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Karnataka’s Rs 12,000 Crore Shortfall: Government Plans Borrowing Cuts and Subsidy Revisions | Bengaluru News – Times of India

To address this, the government plans to tap into cash-rich state-run boards and corporations and invest in those needing funds instead of relying on external borrowings. BENGALURU: Staring at a 12,000 crore shortfall, plans are afoot to reduce the borrowing burden. In what is a telltale sign of a welfare state spending close to a…

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