Openplay Technologies and Halaplay Technologies, subsidiaries of Nazara Technologies, received GST notices to pay Rs 1,120 crore in retrospective taxes for FY18-FY23. Openplay owes Rs 845.72 crore, while Halaplay owes Rs 274.21 crore. The liabilities relate to GST on player sums pooled, not gross gaming revenues. Both subsidiaries are consulting legal and tax advisors.
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ELIVAAS Raises $5 Million in Series A Funding to Expand Luxury Vacation Rentals
ELIVAAS, a Gurugram-based vacation home rental platform, has raised $5 million in its Series A funding round. The
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OYO to Acquire G6 Hospitality for $525 Million in All-Cash Deal
OYO, the Indian-based hospitality giant, has announced a significant move to acquire G6 Hospitality, the company behind the
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Infibeam Avenues Limited is set to launch a new payment app, RediffPay, which will place the company in