Info Edge's subsidiary acquires NewInc Internet Services for Rs 4 cr - Jammu Kashmir Latest News | Tourism
NOIDA (Uttar Pradesh), Feb 18: The Info Edge, which owns Naukri.com, on Saturday said its subsidiary, Allcheckdeals (ACD), acquired NewInc Internet Services, for a cash consideration of Rs 4 crore. According to the statement shared with exchanges, the said investment is done to meet the working capital requirement of the NewInc. NewInc is engaged in the business of providing all kinds and types of internet, computer and electronics data processing services. ACD has agreed to acquire 4,00,000 compulsorily convertible debentures, […]