Stay updated with the latest Other news, articles, and insights from trusted sources. Explore in-depth coverage and expert analysis on Other topics.
Info Edge (India) Ltd, the parent firm of Naukri.com, witnessed a sharp 5% decline in its share price today after it reported its first quarter business update. The company's standalone billings for the June quarter grew 11.23% year-on-year to ₹644.2 crore from ₹579.4 crore in the same period last year. However, the market reaction was not as positive as expected because of concerns about slower growth in the core job portal business and rising competition, which could affect investor sentiment.
Bosch Ltd | Technology and services provider firm, has approved the acquisition of a 100% stake in Bosch Chassis Systems India for ₹9,068.68 crore from its group entities. Lupin | The pharma company has received USFDA approval for its Dapagliflozin and Metformin extended-release tablets in multiple strengths, boosting its US diabetes portfolio. Earnings | Tata Consultancy Services, Anand Rathi Wealth Ltd, and GM Breweries Ltd are set to report their Q4 results on April 9, with investors also ...Read More >
A prominent Indian tech firm has gone viral for its generous Diwali gift to employees. Videos from Info Edge employees have flooded Instagram over the last two days, showing the Diwali gifts they received from the company. Each Info Edge employee received a set of VIP suitcases, a box of snacks, and a diya from the tech firm. Dozens of videos showing the gifts have surfaced online, while hundreds of Instagram users have reported seeing these Reels while casually scrolling the photo and video sha ...Read More >
NowPurchase has raised nearly $8.5 million (Rs 80 crore) led by Bajaj Finserv, while Bachatt has raised $12 million in its Series A round of funding led by Accel. Bajaj Finserv leads $8.5m funding in NowPurchase NowPurchase, an AI-enabled B2B platform that helps metal manufacturers optimise production and procure raw materials, on Wednesday announced that it has raised nearly $8.5 million (Rs 80 crores) led by Bajaj Finserv. The funding also saw participation from existing investors InfoEdge Ventures and Orios Venture Partners, the company said in a statement. The round was also joined by p ...Read More >
Info Edge (India) Ltd., the parent of job portal Naukri.com, has launched an independent investigation after receiving a whistle-blower complaint alleging violations of company policies by employees in its real estate vertical, 99acres. In a regulatory filing, the company said its Audit Committee and Board of Directors had taken note of the allegations and appointed a reputed specialist law firm to conduct a comprehensive probe. The firm's assessment is ongoing. While the company did not disclose details of the complaint, it emphasised that the matter has had no material impact on its financi ...Read More >