Page 91 - Info Edge News Today

The broking licence will allow the company to venture into segments which it could not do in the past like claims assistance, offline services, and establish Points of Presence network

Read more about Board of Info Edge (India) approves acquisition of Zwayam Digital on Business Standard. At meeting held on 11 June 2021

This will allow the company to venture into segments like claims assistance, offline services, and establish Points of Presence network

With markets at lifetime highs, what strategy should investors adopt? The phase of euphoria continues, India VIX below 17.90 continues to favour the bull case. However, one is advised to refrain from excess leverage given the overoptimism. Among stocks, we like Info Edge, Tata Chemicals, HDFC and L&T Finance that may see gains of 5% and more. What is your outlook for Reliance Industries? The sideways range breakout and sustained gains above the 200-day moving average (Rs 2,045) indicate the res...

Explore Now New Delhi: Benchmark equity index Nifty managed to end the May F&O series at record closing highs on Thursday amid buying interest seen in cement, bank and IT counters. Though the index witnessed volatility throughout the session, it managed to eke out gains and end 36 points higher. Nifty managed to close above the crucial resistance level of 15,335 on a closing basis, forming a Doji candle on the daily chart. Analysts said the index may face some resistance as it inches towards i...

"Hopefully, in the coming quarter we will once again see the ARPU trend back on the growth path on a sequential basis."

Data compiled from corporate database AceEquity suggests one-third of 98 BSE Midcap constituents need to rally at least 50 per cent to reclaim their record high levels.

It wasn't long ago that real estate experts were bracing for the worst.

NEW DELHI: Where will the IPO-bound Zomato put its huge cash pile to work? This question is worth Rs 14,000 crore, and how! Despite improved unit economics and lower cash burn, Zomato went on a fund-raising spree in FY21, with Rs 4,800 crore worth of equity capital raised in the first nine months and another funding round of Rs 1,800 crore came in February, making analysts wonder what will the Indian multinational restaurant aggregator and food delivery company do with the cash on balance sheet...

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