Nazara Technologies to raise Rs 900 crore in its biggest fundraise; acquires additional stake in Absolute Sports

Nazara Technologies to raise Rs 900 crore in its biggest fundraise; acquires additional stake in Absolute Sports

Nazara Technologies, India’s leading diversified gaming and sports media company, announced its largest fundraise of Rs 900 crore to boost its growth trajectory. The company’s board has approved the fundraising through a preferential equity, subject to shareholder and regulatory approvals. This capital infusion will fuel strategic acquisitions, fund business expansion, and enhance the company’s ability … Read more

Stocks in news: Stocks in news: SpiceJet, Shriram Finance, Suven Pharma, Mazagon Dock, Suzlon Energy

Stocks in news: Stocks in news: SpiceJet, Shriram Finance, Suven Pharma, Mazagon Dock, Suzlon Energy

Equity markets concluded a three-week winning streak with a loss of over 1.5%, largely impacted by weak global cues. In today’s trade, shares of SpiceJet, Shriram Finance, Suven Pharma, Mazagon Dock, Suzlon Energy among others will be in focus due to various news developments. Shriram Finance Shriram Finance is planning to raise $1 billion (about … Read more

5 lessons from Rakesh Jhunjhunwala’s investment philosophy on his 2nd death anniversary

5 lessons from Rakesh Jhunjhunwala’s investment philosophy on his 2nd death anniversary

Ace investor late Rakesh Jhunjhunwala, often referred to as the Big Bull of Indian stock markets, passed away 2 years ago on this day and as investors remember him today on his second death anniversary, his investment philosophy will continue to inspire them. Jhunjhunwala died at the age of 62 in 2022 because of kidney … Read more

Nazara Tech Q1 results | Nazara Tech Share price: Long-term, Nazara should continue to see healthier margins and faster growth: Nitish Mittersain

Nazara Tech Q1 results | Nazara Tech Share price: Long-term, Nazara should continue to see healthier margins and faster growth: Nitish Mittersain

Nitish Mittersain, Joint MD & CEO, Nazara Technologies, says the company is always trying to get the right balance between profitability and growth. In the current quarters, certain businesses that allowed us to spend more in terms of user acquisition so that we can drive faster growth and this is profitable spending. This is not … Read more

infosys shares: Stocks in news: Infosys, Tata Technologies, Asian Paints, Nazara Technologies, Adani Green

infosys shares: Stocks in news: Infosys, Tata Technologies, Asian Paints, Nazara Technologies, Adani Green

Domestic markets settled at record high levels in their third straight day of gains on Tuesday. In today’s trade, Infosys, Tata Technologies, Asian Paints, Nazara Technologies, Adani Green among others will be in focus due to news developments and first quarter results. Infosys, Tata Technologies, PolycabShares of Infosys, Tata Technologies and Polycab will be in … Read more

nazara technologies share price: Nazara Technologies’ two subsidiaries get Rs 1,120 crore GST demand notice

nazara technologies share price: Nazara Technologies’ two subsidiaries get Rs 1,120 crore GST demand notice

Online gaming and sports company Nazara Technologies’ two subsidiaries have received show cause notices in relation to Goods and Services Tax (GST) with a total liability of Rs 1,120 crore, the company on Wednesday stated in its filing to the exchanges. The show cause notices were sent by the Director General of GST Intelligence, Kolkata, … Read more

IPO: Ecom Express sets the ball rolling for Rs 3,000-cr IPO

IPO: Ecom Express sets the ball rolling for Rs 3,000-cr IPO

Mumbai: Warburg Pincus-backed Ecom Express is looking to enter the primary market with a ₹3,000-crore initial public offering (IPO), according to two people aware of the development. The third-party logistics company has appointed bankers including Kotak Capital, IIFL, Axis Capital, and UBS, according to one of the sources. “Ecom Express has initiated the process for … Read more