Page 54 - Info Edge News Today

Info Edge has announced a final dividend of Rs 9 per share for the financial year 2022-23.

Info Edge said Naukri India attained the milestone of having 1,25,000 unique customer. The business realized an ARPU (average revenue per user) of 1,10,000 during the FY23.

Info Edge also posted an exceptional loss of INR 97.5 Cr Q4 FY23 as it wrote off its entire investment of INR 76.6 Cr in BizCrum Infotech

The BSE Sensex rose over 600 points while the NSE barometer Nifty hit an above-18,500 level. At 2:58 pm, the 30-pack Sensex was up 608 points or 0.98 per cent at 62,481. The NSE benchmark jumped 182 points or 0.97 per cent at 18,502.

Info Edge, the largest shareholder in Bizcrum Infotech, the holding firm of Bijnis, has written off its entire investment in the Indian startup, citing…

Info Edge stock fell up to Rs 3741.20 against the previous close of Rs 3899.90 on BSE. Market cap of the firm fell to Rs 49,677 crore.

Despite the ongoing funding winter, veteran investor Sanjeev Bikhchandani believes that its is ‘actually a good time to invest’ in startups

Info Edge said it wrote off its entire investment of INR 76.6 Cr in Bizcrum infotech Private Ltd, the parent entity of Bijnis, in Q4 FY23

Info Edge expects IT hiring to remain slow for at least 4-5 months, and hopes that it will recover in the second half of the fiscal.

Key indices of the domestic equities market continued with gains for the second consecutive day, tracking mixed global cues