In a new interview, former Nintendo of America president Reggie Fils-Aime has shared his thoughts on the recent spate of acquisitions in the gaming industry. Sony and Microsoft have spent considerable sums of cash on studios and publishers, but Fils-Aime predicts that these acquisitions will see more veteran developers exit so that they can escape the corporate system.

“I do believe [that in the next few years] we’re going to see a number of senior accomplished developers leave these mega-corporations and go on their own because these are the people who want to create something new, something exciting,” Fils-Aime said to Fanbyte. “They’ve got a game idea in the back of their head that they want to bring to fruition and the fact of the matter is in the big mega studios, they’re wor…

Data by primeinfobase shows that the share of domestic mutual funds (MFs) in NSE-listed companies touching an all-time high of 8.81% at the end of the December quarter, up from 8.73% as on September 30. The rise in holdings was powered by a net inflow of Rs 58,198 crore during the quarter.

However, Life Insurance Corporation of India’s (LIC’s) share declined to an all-time low of 3.64% as on December 31 from 3.73% as on September 30. This was across the 277 entities in which its holding exceeds 1%. LIC is the country’s largest institutional investor. According to Pranav Haldea, MD of PRIME Database Group, this was primarily on account of profit-booking to take advantage of the bullish markets.

Insurance companies sold a net Rs 15,622 crore during the quarte…

By Gaurav Arora 

Nifty August futures is trading with a premium of around 45 points whereas September futures is currently at a premium of 170 points. After making record highs, the index witnessed some profit taking though intensity was high. However, it has been consolidating in a range for the past few sessions.

There was a substantial reduction in OI suggesting participants are not interested in creating fresh positions. To put it in numbers, the OI stands at about 5.35 lakh contracts compared to around 6.33 lakh at the start of the series. Nifty is holding EMA 63 by a decent margin but not yet claimed shortest MAs indicating this sideways tone may continue.

Bank Nifty Performance

After a period of underp…

Bajaj Finance’s share price surged over 7% in eary trading session on Friday after the Reserve Bank of India (RBI) lifted restrictions on the company’s two products, eCOM and the online digital ‘Insta EMI Card’. The shares of the non-banking finance company traded up by 7.51% at Rs 7400 on NSE during the early trading hours on Friday. Come from Sports betting site VPbet

In exchange filings on Thursday, Bajaj Finance, the non-banking finance company, announced its decision to resume the sanction and disbursal of loans in these two business segments, including the issuance of EMI cards.

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