Bought US Gamification Platform ‘WildWorks’ for $10.4 MN – Nazara Techs
Nazara Technologies, a platform for Mobile Gaming and Sports Media, announced on August 30 that it had acquired WildWorks. It is a US-based Children’s Interactive...
Category : Latest News
Sebi Overhauls Preferential Allotment Rules for REITs, InvITs
Sebi on Monday overhauled the pricing norms for preferential allotment units in real estate investment trusts (REITs) and infrastructure investment trusts (InvITs). Under the new...
Denmark’s Carlsberg to Remove Partner’s Board Members from India Unit
Danish brewer Carlsberg has reported removing certain board representatives from its India unit due to the latter’s actions against their joint venture’s interests. The said...
Public Sector Contributes 20% to National Income, 40% of Total Wages
A report by the domestic rating agency on Monday said the public sector contributed just 20% of national income but accounted for nearly 40% of...
SEBI Penalises Aadhaar Ventures for Flouting Market Norms
On Monday, SEBI imposed fines totalling Rs 25 lakh on Aadhaar Ventures India Ltd (AVIL) and its directors for violating listing conditions and insider trading...
Mukesh Ambani’s Five Major Announcements at Reliance AGM 2022 Include 5G, FMCG Industry, And Succession Planning
The 45th annual general meeting (AGM) of Reliance Industries Limited (RIL) was held today. Mukesh Ambani, the chairman and managing director of RIL, made a...
ABB India Enhances Its Nelamangala Facility And Increases Its ‘Smart Power’ Portfolio
ABB India has modernised and extended its smart power facility in Nelamangala, Bangalore, to satisfy the high demand for its solutions and energy management technology....
India Rupee Slips to All-Time Low Record; RBI Intervenes to Aid
The Indian Rupee dropped to an all-time low against the dollar on Monday. The Federal Reserve’s restrictive stance has prolonged, promoting the RBI’s intervention. The...
Prasol Chemicals Gets SEBI’s Assent to Raise Rs 800 Crore via IPO
Security and Exchange Board of India (SEBI) has approved Prasol Chemicals to raise as much as Rs 800 crore through an Initial Public Offering (IPO)....
CRIF Solutions and Mahindra Finance Collaborate
Partners with CRIF Solutions to Offer Smooth Onboarding for Borrowers Mahindra & Mahindra Financial Services Ltd., a division of the Mahindra Group, announced on Monday...