Silicon Valley Bank Impact: India's Nazara Technologies Shares Sink 7%
The Silicon Valley Bank collapse is biggest retail banking failure since the global financial crisis in 2008
Source: ndtv.com
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Indian minister to meet start-ups on SVB fallout
India’s state minister for technology said on Sunday he will meet start-ups this week to asses the impact on them of Silicon Valley Bank’s collapse,
Source: gulftoday.ae
SVB row: Regulators look out for potential buyers willing to merge with collapsed lender
Also, digital gaming and sports platform Nazara Tech said its step-down subsidiaries hold cash balances in the SVB – which is currently under the receivership of the FDIC – for around ₹64 crore.
Source: livemint.com
Nazara Technologies Ltd updates on balances of subsidiaries in Silicon Valley Bank
Nazara Technologies Ltd's step down subsidiaries Kiddopia Inc and Mediawrkz Inc hold cash balances of USD 7.75 mn at Silicon Valley Bank, which is currently under the receivership of the FDIC.
Source: equitybulls.com
Subsidiaries of Nazara Technologies hold Rs 64 cr cash in crisis-hit Silicon Valley Bank
Listed mobile gaming company Nazara Technologies on Sunday said two of its step-down subsidiaries Kiddopia Inc and Mediawrkz Inc hold cash balances worth Rs 64 crore at Silicon Valley Bank (SVB), which is currently under crisis.
Source: webindia123.com