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China tech giant Tencent sees Q1 profit jump after AI betsTencent reported a 21% surge in quarterly net profit, reaching 58.1 billion yuan, driven by significant investments in the booming artifici...
UpGrad-Unacademy deal closes; India’s largest private satellite lifts offHappy Monday! Upgrad is set to acquire Unacademy at a 90% markdown of its peak valuation. This and more in today's ETtech Morning Dispatch.
How new online gaming rules will change your income tax and legal exposure depending on the kind of game you playAn online game is any game played on a phone, laptop, or digital device, operated through software using the internet or any form of electr...
Indian IT pack falls; MeitY’s e-gaming rulebookIndian IT stocks suffered on Wednesday after HCLTech’s weak Q4 numbers. This and more in today’s ETtech Top 5.
NODWIN bolsters IPO plan as it ropes in Nazara's former key man Manish AgarwalNODWIN Gaming has appointed Manish Agarwal as a non-executive director. This move strengthens the company's leadership as it prepares for a...
Nazara Technologies to raise Rs 500 crore via preferential warrant issueThe gaming company plans to issue warrants at Rs 260 apiece. The round saw participation from Riambel Capital, S Gupta Family Investments, ...
Nazara to de-subsidiarise Nodwin Gaming as esports arm raises fresh capitalDe-subsidiarisation will make Nodwin an associate firm of Nazara. However, Nazara will continue to remain the largest shareholder in Nodwin...
Nazara acquires 15.8% stake in esports firm Stan for $2.2 millionIn recent months, Nazara has made several acquisitions, particularly through its esports and events arm, Nodwin, including events firm Comi...
Nazara Tech unit buys US-based gaming content firm Deltias Gaming for Rs 7.5 croreAbsolute Sports, a segment of Nazara Technologies, purchased Deltias Gaming for $900,000. This acquisition boosts Absolute Sports' reach to...
Nodwin Gaming acquires Germany's Freaks 4U Gaming for Rs 271 croreNodwin Gaming expanded its portfolio through acquisitions like Branded and Ninja Global. Collaborating with Freaks 4U Gaming on projects li...
Nodwin Gaming acquires Turkey-based esports firm Ninja GlobalNinja Global conducts tournaments, broadcasts and other esports-related activities across Turkey and the Middle East and North Africa (MENA...
TV platforms double down on esports across formats after BGMI returnsThe foray of esports would also help improve advertisers' interest in the sector, executives across industries said. Attracting advertisers...
Game on: Krafton’s BGMI return revvs up Indian esports sceneThe lifting of the BGMI block on a trial basis in May has streaming platforms and tournament organisers alike projecting a bump in viewersh...
Tencent closes Twitch competitor Penguin Esports months after China banned a $6 billion gaming mergerTencent owned Penguin Esports shuts down its video game streaming platform just months after China banned a massive gaming merger that woul...
JetSynthesys acquires Skyesports to boost presence in esportsThe Sachin Tendulkar and Adar Poonawalla backed JetSynthesys will have a 65% stake in Jet Skyesports Gaming, the new entity.
Women: the focus of gaming platformsIt has launched a women-centric esports league to hunt for India's "gamer goddesses" and has announced special offers for women in their fl...
Prize pool for eSports may reach Rs 300 crore in India in next 6 yearsAccording to eSports gaming officials in India, the growth is being driven by eSports gaming companies like Nodwin Gaming, and increasing p...