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Players in crossfire as online gaming firms grapple with massive tax hit

While online gaming firms might be able to absorb a portion of the higher tax rates, the challenge lies in retaining users while passing on some of the tax burden to them

Trivikraman-thampy , Sudhir-kamath , Sporta-technologies , Nazara-technologies , Classic-rummy , Online-gaming , Rummy , Poker , Gst , Tax , Games24x7

Nazara open to big M&A deals in gaming, says COO Sudhir Kamath

Nazara open to big M&A deals in gaming, says COO Sudhir Kamath
financialexpress.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from financialexpress.com Daily Mail and Mail on Sunday newspapers.

Sudhir-kamath , Nikhil-kamath , Mutual-fund , Mumbai-based-nazara-technologies , Nazara-publishing , Classic-rummy ,

Nazara Tech Q2 net profit jumps 53.3% to Rs 24.2 crore; stock rises 1%

The Nazara Technologies stock has given a return of 42.68 percent over the last six months. The benchmark Nifty50 index has given a return of 6.45 percent over the same duration.

India , Prabhudas-lilladher , Nitish-mittersain , Nikhil-kamath , Mutual-fund , Research-analyst , Nazara-technologies , Nazara-tech , World-cricket-championship , Animal-jam , Classic-rummy , Nodwin-gaming

nazara technologies: Looking into FY25, Nazara Technologies has a very good base to launch more aggressive growth: Nitish Mittersain

“In the medium to long term, we are aiming to get our gaming margins above 25%. The right range is 25-30% and that is what we will keep striving for. Our e-Sports business remains a strategic business for us, therefore, our focus is not so much on margin expansion but building strategic moats.”

Lucknow , Uttar-pradesh , India , Nitish-mittersain , Rakesh-jhunjhunwala , Nikhil-kamath , Offering-college , Pro-football-network , Indian-school-of-business , Google , Nazara-technologies , Leadership-excellence

Nazara Tech Q2 results: Net profit jumps 53.3% to Rs 24.2 crore, revenue up 13%

During the quarter, Nazara Technologies raised Rs 510 crore from SBI Mutual Fund and Zerodha co-founder Nikhil Kamath

India , Nitish-mittersain , Nikhil-kamath , Mutual-fund , Nazara-technologies , World-cricket-championship , Animal-jam , Classic-rummy , Nodwin-gaming , Nazara-publishing , Nazara-q2-earnings , Azara-q2-results

Nazara Technologies unveils game publishing unit for Indian, global developers

Nazara Technologies plans to launch up to 20 games across mobile, web3, VR and PC over the next 18 months, with a minimum investment of Rs 1 crore per game.

India , Sudhir-kamath , Nitish-mittersain , Akshat-rathee , Nikhil-kamath , Mutual-fund , Nazara-technologies , Nazara-publishing , Nodwin-gaming , World-cricket-championship , Animal-jam , Classic-rummy

After Zerodha's Kamath, Nazara Tech to raise more capital to scale up its verticals, says Nitish Mittersain

A big focus area for Nazara Technologies is growing its portfolio of gaming IPs through acquisitions in the future.

South-korea , United-states , Japan , India , Israel , Singapore , Japanese , South-korean , America , Nitish-mittersain , Rakesh-jhunjhunwala , Nikhil-kamath

Nazara Tech to raise Rs 100 crore from Zerodha's Nikhil Kamath, will issue 14 lakh equity shares

Nazara Tech to raise Rs 100 crore from Zerodha's Nikhil Kamath, will issue 14 lakh equity shares
financialexpress.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from financialexpress.com Daily Mail and Mail on Sunday newspapers.

India , Jinesh-joshi , Nikhil-kamath , Nitish-mittersain , Research-analyst , Kamath-associates , Exchange-board-of-india-issue-capital , Nazara-technologies , Prabhudas-lilladher-pvt-ltd , Kamath-associates-nksquared , Nazara-technologies-limited , Exchange-board

Nazara Technologies says 28% GST on online gaming to have minimal revenue impact

Nazara Technologies said skill-based real money gaming contributed a modest 5.2 percent to its FY23 revenue

Nirmala-sitharaman , Nitish-mittersain , Group-of-ministers-go , Council-meeting , Nazara-technologies , Finance-minister-nirmala-sitharaman , Classic-rummy ,

'Will wipe out the entire industry', say online gaming cos after GST set at 28%

GST Council's decision will lead to lakhs of job losses and will benefit

India , Jay-sayta , Amrit-kiran-singh , Roland-landers , Aaditya-shah , Ministry-of-electronics , Federation-of-indian-fantasy-sports , Information-technology-meit , India-gaming-federation , Union-budget , All-india-gaming-federation , Mobile-premier-league