Nazara Technologies acquires PC & console gaming publisher Curve Games for Rs 247 crore
Online gaming firm Nazara Technologies has acquired UK-based PC and console game publisher Curve Games for Rs 247 crore ($28.8 million), marking its biggest international acquisition to date as it seeks to strengthen its presence in the global gaming market The acquisition gives Nazara complete ownership of Curve, which has a strong portfolio of indie games such as Human Fall Flat, For the King, and Lawn Mowing Simulator. These titles have collectively clocked over 100 million downloads globally.With this move, Nazara is looking to diversify beyond mobile gaming into the more lucrative PC and console segments, valued at over $100 billion globally, CEO Nitish Mittersain told ET.
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
News18
21 minutes ago
- News18
From Chhaava To Sky Force, Top 5 Bollywood Opening Day Grossers Of 2025
Last Updated: Akshay Kumar-led comedy series Housefull released its fifth instalment, which earned an impressive Rs 22 crore on its first day. This year, the Bollywood box office has seen its fair share of highs and lows. While some blockbuster films shattered records, others have struggled to secure their place. Among the early successes is Housefull 5, which was released on June 6 with an impressive opening of Rs 22 crore at the domestic box office. Let's take a look at the top 5 Bollywood openers of 2025 so far: Chhaava As per Sacnilk reports, this historical drama smashed records by collecting Rs 31 crore net in India on its opening day. Starring Vicky Kaushal, Rashmika Mandanna and Akshaye Khanna in lead roles, this film revolves around the tale of Chhatrapati Sambhaji Maharaj's resistance against the forces of Aurangzeb. Sikandar Salman Khan is known for delivering an Eid special blockbuster almost every year and this year was no different. With Sikandar, the actor initially won the hearts of his fans as the film earned Rs 26 crore on its opening day, as per Sacnilk. However, the film could not completely live up to the high expectations, as the box office saw a major dip after the holidays were over. Housefull 5 Akshay Kumar-led comedy series Housefull released its fifth instalment, which earned an impressive Rs 24 crore on its first day. Directed by Tarun Mansukhani, this film features a versatile line-up of actors. With this outstanding opening, the film is on its course to collect Rs 85 crore this weekend. Raid 2 Ajay Devgn's crime thriller Raid 2 witnessed an opening with Rs 19.25 crore net, benefiting from the May Day holiday. Directed by Raj Kumar Gupta, Raid 2 is a sequel to the 2018 film Raid and features an action-packed rivalry between income tax officer Amay Patnaik (played by Ajay Devgn) and Manohar Dhankar (played by Riteish Deshmukh). Sky Force Another Akshay Kumar film secured a spot in the list with Sky Force, which managed to collect Rs 12.25 crore, as per Sacnilk reports. Alongside Akshay Kumar, the film starred debutant Veer Pahariya, Sara Ali Khan and Nimrat Kaur. It revolved around India's first strike in the Indo-Pakistani air war of 1965. First Published:
Mint
24 minutes ago
- Mint
US investment firm Artisan Partners to liquidate China portfolio by end-June
Firm says liquidation comes amid uncertain geopolitical environment Spokesperson says Hong Kong office will remain operational US has heightened scrutiny of American capital flowing into China By Kane Wu and Summer Zhen HONG KONG, - U.S.-based investment firm Artisan Partners is liquidating a China-focused investment portfolio by the end of June, a company spokesperson said on Saturday. "This decision comes amid an increasingly uncertain geopolitical environment and a persistently challenging economic and market backdrop, which have put significant pressure on flows across dedicated China strategies," the Artisan spokesperson said. The spokesperson said its Hong Kong office will remain operational, housing investment and trading professionals. Two sources with knowledge of the matter told Reuters on Friday that the firm was disbanding the Hong Kong-based team responsible for its Greater China strategy. One said the decision was partly due to concerns about escalating Sino-U.S. trade and geopolitical tensions that have made investments in the world's second-largest economy riskier. The sources declined to be named as the information was not public. Reuters could not immediately ascertain how many people would be affected by the decision. The firm's China post-venture strategy, a fund that focuses on Chinese small- and mid-cap public and private companies, had $113 million of assets under management at the end of April, according to the firm's monthly update. In the same update, Artisan said the China-focused portfolio was in the process of winding down, without giving details. The firm's retreat from China-focused investments comes amid the U.S. government's tightened scrutiny of American investments in China and an ongoing trade war that has clouded the business outlook of many export-heavy companies from China. The U.S. government restricts U.S. investments in certain sensitive technology sectors in China, such as semiconductors, artificial intelligence and quantum computing. U.S. investors are also restricted from investing in companies that are on the U.S. sanctioned entity list that comprise a growing number of those from China. U.S. onshore investors were not able to buy shares of Chinese battery giant CATL in its $4.6 billion Hong Kong listing last month due to the structure of the deal, CATL's filings showed. CATL was placed on a U.S. Defense Department list in January of Chinese companies it says work with China's military. By March 2025, Artisan's China post-venture strategy posted a net loss of 10.4% since its inception in March 2021. "The largest risks for investing in China will continue to be geopolitics and domestic policy overshoots," Tiffany Hsiao, the strategy's portfolio manager, said in a client letter on the firm's website in April. Outside the U.S., Artisan also has offices in London, Dublin, Singapore and Sydney, according to its website. The move follows the exit or downsizing of several North American asset managers and international law firms from Hong Kong over the past few years. Ontario Teachers' Pension Plan, Canada's third-largest pension fund, announced the closure of its Hong Kong office in March. This article was generated from an automated news agency feed without modifications to text.
Hindustan Times
31 minutes ago
- Hindustan Times
Mumbai Apple India deal: 5 key facts about the brand's upcoming 12,616 sq ft store in Borivali
Borivali, a locality in Mumbai's western suburbs, has welcomed a high-profile new tenant, the Apple Store at Sky City Mall, developed by listed real estate firm Oberoi Realty. Over the past decade, Borivali has transformed into a premium retail hub, say real estate experts. In addition to the newly opened Sky City Mall (launched in March 2025), the area boasts at least three prominent retail high streets that attract leading global and domestic brands. With this growing commercial presence, 'Brand Borivali' is fast emerging as a strong contender to established retail destinations like Andheri, Bandra, and even South Mumbai. Apple India has leased 12,616 sq ft retail space in Mumbai's Borivali suburb for ₹17.35 lakh monthly rent as it prepares to launch its second store in Maharashtra and fourth in the country, according to documents accessed by real estate data analytics firm Propstack. The lease transaction registered on May 28, 2025, is for a total period of 130 months (nearly 11 years), with a rent escalation of 15% every three years. Apple has also paid a security deposit of ₹1.04 crore as part of the deal. The document showed that the lease has a lock-in period of 10 years and 10 months, effective from the commencement date. Also Read: Apple India leases 8000 sq ft of retail space in Bengaluru for ₹2 crore annual rent as Foxconn facility nears completion The lease agreement signed between Apple India and Oberoi Realty shows that the per sq ft rental for the Apple Store is over ₹137 per sq ft. However, experts opine that the rentals in Sky City Mall are up to ₹1,000 per sq ft. The lower rental in this case is due to revenue sharing between Apple India and Oberoi Realty. The agreement shows that above the per-month rental amount, Apple India will share revenue of 2% with Oberoi Realty for up to 42 months and 2.5% thereafter, starting from the 43rd month. Vikas Oberoi, CMD of Oberoi Realty, said during the company's Q4FY25 meeting in April 2025 that the per-square-foot rental in Sky City Mall is between ₹400 and ₹1,000. The per sq ft rental is different in Sky City Mall for different sizes, depending on the floor. "We have rentals up to ₹1,000 a sq ft on carpet area. So, between ₹400 and ₹1,000, it's something like that. So, it all depends on who is coming in. We have got a very nice gold souk, a special area where we have got all the jewellers there. We have very high-end watches in one segment, so they are very interesting. This is literally one of the best malls I would say in the country, the way it is designed, and the feedback that we get, it's really, really nice. And these are the deals signed at Rs.1,000 carpet," Oberoi had said. The mall is part of the Oberoi Sky City project, developed by Oberoi Realty along the Western Express Highway (WEH) in Borivali East, Mumbai. Spanning a gross leasable area (GLA) of approximately 12.07 lakh sq. ft. (with a leasable carpet area of around 7.24 lakh sq. ft.), the mall is a key component of the 25-acre mixed-use development 'Sky City,' undertaken by Incline Realty Private Limited, a wholly-owned subsidiary of the company. According to a March 2023 research report by Motilal Oswal, around 3,200 families are expected to live in the vicinity, offering easy access to the mall. Its strategic location, with connectivity to both exit points of the Metro line, is expected to boost footfall. INOX has already signed on as an anchor tenant with a 10-screen multiplex, while leasing for the remaining space is underway. The report adds that the mall is expected to stabilise by FY25 and has the potential to generate annual rentals of ₹2.5 billion. Also Read: Mumbai real estate: Apple India leases space in Borivali mall for ₹2 cr annual rent to open fourth store in the country According to real estate experts, Borivali has become a magnet for premium retail, boasting at least three prominent high streets featuring luxury jewellery stores, high-end fashion, watches, footwear, and branded department stores. 'Sky City Mall in Borivali East is already commanding rentals of up to ₹1,000 per sq ft, highlighting the growing demand for quality retail space in the suburb,' said Chintan Vasani, partner at Wisebiz Developers, a real estate firm active in the Borivali-Dahisar belt. 'The mall is poised to compete directly with Borivali's established high streets. We're seeing a ripple effect; brands in Borivali West are already renegotiating rental rates. While this may be a short-term correction, the long-term trend is clear: retail brands will continue to expand in Borivali.' The surge in interest is also driven by rising aspirations and disposable incomes of the area's middle and upper-middle class. 'Local consumers show strong, consistent demand, with luxury watch showrooms offering pieces priced between ₹1 lakh and ₹1 crore,' Vasani added. The redevelopment of ageing buildings is also paving the way for new high streets across the city, not just in Borivali. Mira Road, which is around 30% more affordable than Borivali, currently has a larger number of retail high streets and malls, reflecting shifting demand-supply dynamics. With its expanding retail footprint, 'Brand Borivali' is fast emerging as a strong challenger to traditional retail hotspots like Andheri, Bandra, and even South Mumbai, he said. Also Read: Top real estate deal in Mumbai's suburbs: 4 BHK apartment in Borivali sells for ₹14 crore at ₹56,000 per sq ft According to data from CRE Matrix, 122 leave and license agreements have been registered at Sky City Mall, with around 83 of them recorded in 2025 alone. Notable brands in the mall include Titan, Puma, Skechers, Adidas, Safari, Starbucks, and INOX.
