Bonjour, new guests from small-town India
Puneet Dhawan of Accor is brimming with ideas on ways to revive the hospitality sector
Billionaire Rakesh Jhunjhunwala backed mobile gaming company Nazara Technologies has filed for an initial public offer (IPO) with SEBI. Earlier, Nazara had received approval from market regulator SEBI for IPO in 2018. This time it will be refiling as it could not launch the issue earlier.
The Mumbai-based company is promoted by Nitish Mittersain who founded it in 2000. Besides Jhunjhunwala, Plutus Wealth Management, IIFL Special Opportunities Fund, Turtle Entertainment are key investors.
Just recently WestBridge Capital had sold its shares worth ₹500 crore in Nazara to Plutus Wealth. Reportedly, WestBridge had invested ₹22.6 crore and received a sales consideration of about ₹1,000 crore from the investment. The fund had already sold part of its stake in 2017.
IIFL Special Opportunities Fund and Rakesh Jhunjhunwala had invested ₹327 crore in November 2017 and ₹182 crore in December 2017, respectively.
Nazara claims to have built a network in interactive mobile gaming and sports through investments and acquisitions in various gaming categories including esports, edutainment, infotainment, fantasy sports and multiplayer games like carrom and cricket.
Puneet Dhawan of Accor is brimming with ideas on ways to revive the hospitality sector
Citroen’s first vehicle sports a novel design and European interiors. It is also meant to be as comfortable as ...
The pandemic is only the tip of the iceberg that the country’s cash-poor airlines — both regional and national ...
The government is yet to specify the framework of its recently announced old vehicle scrappage policy
Here is a checklist that equips you to discern the market nuances
Sensex, Nifty 50 have witnessed sharp decline
The fund has consistently outperformed S&P BSE 100 TRI over one, three and five years
Returns are superior to immediate annuity plans, but SCSS can secure better rates for new investors sooner if ...
With the public looking beyond mainstream media for reports from the ground, independent digital platforms are ...
Creator of the world’s biggest art canvas hopes to help children in poorer countries
A book on Badri Narayan is a tribute — albeit a belated one — to an artist who did not enjoy the recognition ...
The country hasn’t had a quiet moment since the military seized power on February 1
Its name is the starting point of a brand’s journey and can make a big difference in the success sweepstakes
Sober spirits are the in thing
A peek into where ad spends went last year and where they are headed tomorrow
Can Swiggy Instamart disrupt the ecommerce groceries space, currently ruled by the Amazons and Big Baskets? ...
Three years after its inception, compliance with GST procedures remains a headache for exporters, job workers ...
Corporate social responsibility (CSR) initiatives of companies are altering the prospects for wooden toys of ...
Aequs Aerospace to create space for large-scale manufacture of toys at Koppal
And it has every reason to smile. Covid-19 has triggered a consumer shift towards branded products as ...
Please Email the Editor