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Tag: Nazara Technologies

Promoters Stake Sale Of Nazara Technologies Limited To Existing Investor, Plutus Wealth Management LLP Nazara Technologies

27 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 Technologies’ Subsidiary To Buy Teen Patti IP From Games24x7 Nazara Technologies

05 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. ...

Nodwin Gaming To Acquire Comic Con India In A ₹55 Crore Deal Nazara Technologies

24 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...

2023: A Year of Growth and Transformation in Indian Online Gaming Nazara Technologies

31 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 Technologies Receive Tax Demand Notice of ₹2.83 Crore Nazara Technologies

04 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 Technologies Launches Game Development Division  Nazara Technologies

30 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 Technologies Receive Tax Demand Notice of ₹2.83 Crore Nazara Technologies

28 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...

Zerodha's Kamath Brothers Invest ₹100 Crore In Nazara Nazara Technologies

05 Sep, 2023 Zerodha’s Kamath Brothers Invest ₹100 Crore In Nazara Technologies 

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 Call Out Google’s 'Extortionist' 30% Tax On Gaming Apps Nazara Technologies

24 Apr, 2023 Top Gaming CEOs Call Out Google’s ‘Extortionist’ 30% Tax On Gaming Apps

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...

With Nitish Mittersain Becoming The Nazara Tech CEO, Here's A Brief History Of The Company Nazara Technologies

01 Dec, 2022 With Nitish Mittersain Becoming The Nazara Tech CEO, Here’s A Brief History Of The Company

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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