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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 sh ...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 disclo ...Read More >
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. ...Read More >
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