Page 47 - Info Edge News Today

Info Edge founder argues that auditors and independent directors are there to save founders from themselves

As of 31-Mar-2023, promoters held 38.05 per cent stake in the company, while FIIs held 31.41 per cent and domestic institutional investors had 10.5 per cent.

The 30-share BSE Sensex pack rose 79 points or 0.13 per cent to hit an all-time high of 63,602 in opening deals, while the broader NSE Nifty moved 26 points or 0.11 per cent up to trade at 18,882, a few points away from its lifetime peak of 18,888. Mid- and small-cap shares were positive as Nifty Midcap 100 edged 0.02 per cent higher and small-cap rose 0.36 per cent.

The Indian startup ecosystem is the third-largest in the world. India is well positioned to grow to a $30-$40 trillion economy over the years, which augurs well for new-age companies in the country, Gopalakrishnan has said

In a bid to woo entrepreneurs, Noida Authority has reportedly announced a leasing scheme for startups to set up their base in the city.

Internet and Mobile Association of India (IAMAI) had submitted its views to the CDCL opposing the prescription of ex-ante regulations for digital companies, saying that ex-ante measures “may limit growth not only of the market in question but the digital economy altogether”.

Airavat Capital, a public equities investment firm, has floated a global technology fund domiciled in the Gift city (Gujarat International Finance Tec-City) to invest in ......

The fund will offer Indian HNIs and institutional investors the opportunity to leverage the Indian technology ecosystem to capitalise on the growth potential of tech companies worldwide.

On the technical charts, the 200-day moving average of the stock stood at Rs 3863.96.

This comes months after Adda247 allegedly spent as much as Rs 100 crore to poach five teachers from PhysicsWallah, another WestBridge Capital-backed company, to start a platform on YouTube called Sankalp.