{"id":857030,"date":"2024-09-19T08:17:36","date_gmt":"2024-09-19T02:47:36","guid":{"rendered":"https:\/\/telecomlive.in\/web\/?p=857030"},"modified":"2024-09-19T10:04:49","modified_gmt":"2024-09-19T04:34:49","slug":"nazara-tech-to-raise-rs-900-crore-ups-stake-in-absolute-sports-to-91","status":"publish","type":"post","link":"https:\/\/telecomlive.in\/web\/2024\/09\/19\/nazara-tech-to-raise-rs-900-crore-ups-stake-in-absolute-sports-to-91\/","title":{"rendered":"Nazara Tech to raise Rs 900 crore; ups stake in Absolute Sports to 91%"},"content":{"rendered":"<p>Gaming and sports media company Nazara Technologies on Wednesday said its board has approved a preferential equity issue to raise Rs 900 crore. <\/p>\n<p>Nazara also announced increasing its stake in Absolute Sports to 91 per cent. <\/p>\n<p>The fresh capital will fuel the firm&#8217;s strategic acquisitions and business expansion, and provide newer growth opportunities, a company statement said.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Gaming and sports media company Nazara Technologies on Wednesday said its board has approved a preferential equity issue to raise Rs 900 crore. Nazara also announced increasing its stake in Absolute Sports to 91 per cent. The fresh capital will fuel the firm&#8217;s strategic acquisitions and business expansion, and provide newer growth opportunities, a company statement said.<\/p>\n","protected":false},"author":8,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[9,34,4],"tags":[],"class_list":["post-857030","post","type-post","status-publish","format-standard","hentry","category-business-standard-newspapers","category-it-2-business-standard-newspapers","category-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/857030","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/comments?post=857030"}],"version-history":[{"count":0,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/857030\/revisions"}],"wp:attachment":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/media?parent=857030"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/categories?post=857030"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/tags?post=857030"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}