Tag: Nazara Technologies
Nazara Technologies16 Aug, 2024 Indian Gaming Reacts to Prime Minister Narendra Modi’s Clarion Call
India’s Prime Minister Narendra Modi is popular for his progressive ideas and has been one of the few world leaders who monitor youngsters’ gaming habits. Half a decade ago, he made a reference to PUBG during one of his interactions with students, one of the first times a wo...
Nazara Technologies22 Jul, 2024 Nazara Acquires Paper Boat Apps Via an Additional ₹300 Crore Investment
Nazara Technologies Limited (BSE: Nazara), announced the acquisition of an additional 48.42% stake in Paper Boat Apps Pvt. Ltd (PBA) from its promoters Anupam and Anshu Dhanuka for ₹300 Crore to be paid in cash in tranches to take its ownership in PBA to 100%. Paper Boat Apps is the de...
Nazara Technologies05 Jun, 2024 Nazara’s Subsidiary, Absolute Sports Acquires Soap Central’s Assets
Absolute Sports, a Nazara Technologies subsidiary and the parent company of Sportskeeda and ProFootballNetwork.com, one of the world’s leading providers of sports news and analysis with over 100 million fans engaging with its platform monthly, announced today that it has signed an asset...
Nazara Technologies27 May, 2024 Nazara Technologies Promoter Sells Stake To Plutus Wealth
Mitter Infotech LLP, a promoter of Nazara Technologies Limited, has sold 48,84,000 equity shares, representing 6.38% of the issued share capital to Plutus Wealth Management LLP through an on-market transaction in the block deal window of the stock exchange on 27th May 2024. The Block Tr...
Nazara Technologies05 Apr, 2024 Nazara Technologies’ Subsidiary To Buy Teen Patti IP From Games24x7
Popular online gaming brand Nazara Technologies revealed its plans to buy the intellectual property rights (IPR) of Ultimate Teen Patti (UTP) from Games24x7. As per a news report by Business Standard, the gaming firm is on the route to acquire the Teen Patti IPR for a sum of ₹10 Crore. ...
Nazara Technologies24 Jan, 2024 Nodwin Gaming To Acquire Comic Con India In A ₹55 Crore Deal
Nazara Technologies’ esports subsidiary, Nodwin Gaming has announced its plans of acquiring Comic Con India in a deal worth ₹55 Crore. Announced on 24th January, this deal can be seen as Nodwin Gaming’s strategic move, with the brand looking to fortify its events portfolio in the entert...
Nazara Technologies31 Dec, 2023 2023: A Year of Growth and Transformation In Indian Online Gaming
The Indian gaming and interactive media landscape experienced a remarkable year in 2023, marked by significant growth, evolving trends, and major milestones across various segments. Here’s a glimpse into the key highlights: Highlights – Esports From BattleGround Mobile India...
Nazara Technologies04 Nov, 2023 Nazara Technologies To Buy Gaming Firms Hit By GST?
As per the latest news reports, Nazara Technologies is eyeing online gaming firms hit by Goods and Services Tax (GST) demands. This news comes at a time when there are a host of online gaming brands that were given tax notices by the GST authorities. The latest news reports state that ...
Nazara Technologies30 Oct, 2023 Nazara Technologies Launches Game Development Division
Nazara Technologies, one of the well-known brands in the Indian gaming industry, has just announced the launch of its new game publishing unit. Nazara Publishing has been launched to help multiple Indian game developers publish their products all across the world. It will also focus on ...
Nazara Technologies28 Sep, 2023 Nazara Technologies Faces A Tax Demand Notice Of ₹2.83 Crore
As per the latest news reports, gaming giant Nazara Technologies has received a tax demand notice from the Director General of GST Intelligence (DGGI). This tax demand notice also includes an interest under section 50 of CGST and a penalty. The news reports state that the tax demand no...
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