Reliance Industries (RIL) has called off a proposed transaction with Future Retail (FRL) following opposition from FRLs secured creditors.
The private lenders standalone net profit rose 59.42% to Rs 7018.71 crore on 14.44% increase in total income to Rs 27412.32 crore in Q4 March 2022 over Q4 March 2020.
Nazara Technologies has completed the acquisition of equity stake in Paper Boat Apps for a total consideration of Rs 9,99,99,950 on 20 April 2022, on achieving the target revenue as provided under third closing of the investment agreement in 2019.
Total Operating Income rise 14.28% to Rs 22674.90 crore

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