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...
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 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...
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...
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 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 ...
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...
As per news reports, Nazara Technologies received ₹100 Crore in investment from Zerodha’s Kamath brothers. The online gaming and sports media brand held its first round of investments and as per the regulatory filing with the National Stock Exchange (NSE), Nazara Technologies’ board has...
Top gaming CEOs expressed their concerns over the ‘extortionist’ 30% tax imposed by Google on gaming apps at a panel discussion held at Consilience 2023, organized by the Law and Technology Society (L-Tech) at the National Law School of India University (NLSIU) in partnershi...
The founder of Nazara Technologies, Nitish Mittersain, has officially taken up the role of the Chief Executive Officer (CEO) of his venture. The former CEO Manish Agarwal had stepped down from the position with effect from today, 1st December 2022. With Agarwal’s resignation, the founde...
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