Nitish Mittersain of Nazara Tech clarifies the online gaming rules impact. He states PokerBaazi stake doesn’t affect consolidated revenue. A past PAT loss of ₹20-25 crore from Moonshine is noted. Future investments are under evaluation pending bill details. Existing investments in PokerBaazi might face write-offs. Nazara is well-capitalized with ₹800 crore cash.
Fed’s Jefferson urges patience on rates; Kashkari sees more hikes ahead
Federal Reserve Vice Chair Philip Jefferson stated that he sees no immediate need for further interest rate adjustments. He emphasized that future decisions would depend