India’s gaming market to reach $9 bn in 5 years
The growth is primarily driven by the rise of in-game purchases, which surged by 41% in the last year alone
gaming
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Karnataka unveils draft policy on gaming, animation and biotech
Aims to provide impetus to animation, visual effects, gaming, comics, and extended reality and biotech sectors aiming at skill development and job creation over the next 5 years
Delta Corp shares surge 4% post Q2
During the period under review, the company’s income from gaming operations stood at ₹283.07 crore, up 3.4%, as against ₹273.66 crore in the same period last year.
This Jhunjhunwala portfolio stock surges 9%; here’s why
Nodwin Gaming will raise ₹232 crore from investors which will be utilised for IP development, geographic expansion, and M&A.
Microsoft's $68.7 billion deal to buy Activision Blizzard blocked by U.K.
U.K.'s antitrust watchdog vetoes the tech giant's largest-ever acquisition.
Mobile gaming in India to reach $8.6 bn by 2027: Report
More opportunities have been created for mobile gaming companies in India following policy changes by Alphabet-owned Google in its Play Store, says the report.
Indian gaming industry to add 1 lakh jobs by FY23: Report
The industry is projected to grow from ₹7,037 crore in FY’19 to ₹38,097 crore in FY’26 by a factor of five.
Nazara acquires U.S.-based WildWorks for $10.40 million
Nazara will acquire 100% of the company and its intellectual property from existing shareholders in an all-cash transaction.
Delta Corp surges 7% as gaming arm files draft papers for IPO
Deltatech Gaming, a wholly owned subsidiary of Delta Corp, plans to raise ₹550 crore via IPO; the issue consists of fresh issue worth ₹250 crore and OFS worth ₹350 crore.
Govt advisory prohibits online betting ads
In “larger public interest”, the I&B ministry has advised print and electronic media “to refrain from publishing advertisements of online betting platforms”.
