“Do not ruin your life by falling into the trap of betting,”

As the IPL season approaches, Hyderabad Police has issued a stern warning against betting syndicates that have resurfaced, utilizing social media platforms such as Telegram, WhatsApp, and Instagram to lure unsuspecting users into scams.

Despite previous bans on hundreds of betting apps, illegal activities have continued to evolve, prompting authorities to take a proactive stance. “We will take strict action against social media influencers who promote these dangerous apps just for money,” stated V.C. Sajjanar, the police commissioner.

Local bookies are reportedly targeting youth, leading them into heavy debts that can devastate families. Sajjanar added, “Do not put your family’s future at risk.”

Hyderabad Police is actively monitoring both online operations and offline betting networks, emphasizing the importance of community involvement in combating these activities. Citizens are urged to report any suspicious betting activity through Dial 100 or the police WhatsApp number, 94906 16555.

In recent promotions, betting apps have been offering enticing bonuses, such as Parimatch’s 1000% welcome bonus up to ₹70,000, which may further entice users despite the risks involved.

The police have reiterated their commitment to tackling this issue, stating that strict action will be taken against anyone involved in online and offline gambling. They are particularly focused on the role of social media in facilitating these illegal activities.

As the situation develops, authorities remain vigilant, hoping to curb the rise of betting apps and protect the community from the associated dangers.

Authorities continue to stress the importance of awareness and reporting, as the fight against illegal betting remains a priority for the Hyderabad Police.

Details remain unconfirmed regarding the extent of the current betting syndicates, but the police are determined to address the issue head-on.

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What does the recent activity in the non-convertible debentures (NCDs) market indicate about the financial strategies of companies like QGO Finance Limited and Vedanta Ltd? Recently, QGO Finance Limited completed the redemption of 100 unlisted unsecured NCDs worth Rs 1 crore, marking the conclusion of a 7-year investment cycle that began with the original allotment on December 11, 2019.

The total redemption amount for these NCDs was Rs 1,00,00,000, a significant milestone for the company. This redemption reflects QGO Finance Limited’s commitment to fulfilling its financial obligations and managing its capital effectively.

In a related development, Vedanta Ltd has approved plans to raise up to Rs 2,575 crore through the issuance of NCDs. The company intends to issue 2,57,500 unsecured, redeemable, rated, and listed NCDs, each with a face value of Rs 1,00,000. This move is part of Vedanta’s broader strategy to refinance existing debt and reduce borrowing costs.

As of December 2025, Vedanta Resources Ltd reported a net debt of approximately $4.8 billion, a significant reduction from around $8.9 billion in March 2022. This decrease in debt highlights the company’s efforts to streamline its financial structure and improve its fiscal health.

In October 2025, Vedanta’s $500 million bond issue was oversubscribed three times, indicating strong investor confidence in the company’s financial strategies and future prospects.

Both QGO Finance Limited and Vedanta Ltd are navigating the complexities of the financial markets, with QGO marking a successful redemption and Vedanta seeking to bolster its capital through new NCDs. The outcomes of these financial maneuvers will be closely watched by investors and analysts alike.

Details remain unconfirmed regarding the specific use of proceeds from Vedanta’s upcoming NCD issuance, but the company’s focus on refinancing suggests a strategic approach to managing its financial obligations.

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