Foreign investors extended their sell-off in Indian equities into the second half of April, with financials taking the hardest hit. The outflows were linked to the sector’s large weight in markets and rising inflation concerns. Meanwhile, power and capital goods saw notable inflows, supported by strong demand and supportive global trends.
Japanese conglomerate Sumitomo Mitsui Financial Group has injected ₹1,075 crore into SMFG India Credit, its Indian NBFC arm. The move follows a ₹3,000 crore infusion in December 2024. By December 2025, SMFG India Credit’s assets under management rose to ₹64,100 crore. Separately, the group increased its Yes Bank stake to 24.2% in September 2025.
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PlaySimple, the MTG-owned Swedish casual mobile game developer, has filed a DRHP with SEBI for an OFS-only IPO worth Rs 3,150 crore, with MTGx Gaming Holding AB as the sole seller. The firm runs 30 live games across 110+ countries, with 4.99 million DAUs. Revenue rose 20% in 2025, but profits fell 31% as expenses—led by ad and commissions—jumped sharply.
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