Page 2 - Info Edge

Zomato raises $250 mn from Tiger Global, Kora; valuation touches $5.4 bn

On a fully converted and diluted basis, Info edge's effective stake in Zomato stands at 18.4 per cent, it added

Info Edge stock rides high on hopes of economic revival, Zomato IPO

Shares have rallied 42% since November to a record high of Rs 5,876.05 on Jan 6, before taking a breather

Info Edge stock flies on hopes of economic revival, Zomato's upcoming IPO

Shares have rallied 27 per cent in the last one month to a record high of Rs 5,549.25 apiece

Sequoia-run Surge, Info Edge invest $6 mn into SaaS-based startup Shipsy

Shipsy helps shipping and logistics industry automate their operations

This hottest India internet stock is surging on back of startup investments

Info Edge India climbed to a record on Tuesday and is the top gainer this month on the National Stock Exchange's 10-member IT index. The company runs Naukri.com, nation's leading job-hunting platform

Higher promotion costs, staff expenses to weigh on Info Edge margins

Recruitment solutions could see faster recovery, real estate segment could be a drag

Indices end flat, Nifty settles at 11,464; mid, small-caps outperform

All that happened in the markets today

Info Edge: Fall in billing a worry, investors should await management views

Q1 was better than estimates, but the 44 per cent drop in billing points to a weak revenue and margin outlook

Info Edge founder wants a hat-trick after Zomato, PolicyBazaar success

To pump in money more aggressively, Sanjeev Bikhchandani's company has set up its own alternative investment fund, Info Edge Ventures, for early stage investments

Info Edge: Investors advised to await clarity on business recovery

Firm hurt by rising unemployment and lack of demand for real estate

Info Edge's prized assets Naukri, 99acres fall prey to Covid-19, lockdown

Valuations still not fair, given uncertainty over revenues

Info Edge: Tough days ahead for naukri.com and 99acres amid Covid-19 crisis

With over 50 per cent of revenues under pressure, valuations aren't supportive

Market Ahead, February 25: All you need to know before the Opening Bell

Among individual stocks, HDFC Life Insurance Company, Bandhan Bank, and Info Edge will be in focus today as they are set to be added in the Futures & Options segment effective February 28

Slowdown in IT and real estate sectors a pain point for Info Edge

In Q3, Naukri and 99acres reported sharp contraction in billing growth

Info Edge posts Rs-38 cr pre-tax loss in Q3, income rises 11% to Rs 359 cr

Segment-wise, it posted a 16 per cent rise in revenue on a y-o-y basis both for recruitment solutions and 99 acres segments

Despite good Q2 numbers, cloud over Info Edge's near-term prospects

While billing growth may remain under pressure for recruitment business naukri.com, analysts are sceptical about real estate segment 99acres.com sustaining profits

MSCI adds Info Edge, Indraprastha Gas to India Index; YES Bank, BHEL out

MSCI, the world's biggest index compiler, has added eight Indian stocks including HDFC Asset Management, Info Edge (India) and Indraprastha Gas Ltd to its India Index, while removing Vodafone Idea, Yes Bank and four others that have seen significant market capitalisation erosion this year. It has added eight companies and deleted six from the MSCI India Domestic Index. Those deleted include Bharat Heavy Electricals Ltd (BHEL), Glenmark Pharmaceuticals, Indiabulls Housing Finance, L&T Finance Holdings, Vodafone-Idea Ltd and Yes Bank, MSCI said in a statement. Those added to the MSCI India Index include Berger Paints, DLF, HDFC Asset Management, ICICI Prudential Life, Indraprastha Gas Ltd, Info Edge (India), SBI Life Insurance Co and Siemens India. MSCI added seven stocks and deleted four from MSCI Global Standard Index. The additions included Berger Paints, Colgate, DLF, HDFC AMC, ICICI Prudential Life, SBI Life, and Siemens. Meanwhile, the deletions from the global index include ..

Robust growth prospects make Info Edge a good long-term bet: Analysts

Besides Zomato, in which Info Edge owns 26% stake, naukri.com is also likely to report robust growth leading to improved cash flows

Layoffs by Zomato erase $360 million from Info Edge's market value

Zomato Media Pvt., in which Info Edge holds a 26.38% stake, laid off 541 people on Sept. 7, Business Standard had reported

ShopKirana raises $10 mn from Info Edge and others in series-B round

Funding will help firm expand to major major tier-II cities of India