"From a Nazara perspective, it is a bit early for us to define a clear-cut strategy. Obviously, we will have to pause and review our RMG strategy. But if you will appreciate, Nazara has grown in the last many years across several categories of business very rapidly, and therefore, while RMG of course was a prospective area that we were getting quite interested in, you will also appreciate that since the time of our IPO, we have always said that we are waiting for regulatory clarity to take a larger move in this particular segment," the Nazara Tech CEO said.

The Prime Day sale will be a two-day event offering multiple offers, faster deliveries and exciting deals on thousands of products. As Amazon completes a decade in the country, this year’s Prime Day is expected to be unique.

The Samsung stock slid 2 percent in Seoul, the most on an intraday basis in more than two months, after the company reported a larger-than-anticipated 22 percent decline in sales to 60 trillion won ($46 billion). Operating profit plunged 96 percent in the three months ended June, though at 600 billion won that surpassed average estimates.

Tata Group is close to an agreement to acquire an Apple Inc. supplier’s factory as soon as August