Info Edge reports net profit of 63cr; On year growth muted - 9 new articles
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Info Edge reports net profit of 63cr; On year growth muted Info Edge, which runs multiple Internet companies such as Naukri, Jeevansathi, and 99Acres, has reported a net profit of Rs 62.9 crore for the quarter ended June 2018(Q1 FY19). Net profit was down 1.9% from Rs 64.2 crore in the same quarter last year. Total income for Info Edge was up to Rs 283.2...     In a move that will likely irk all international payment firms operating in India, Paytm wants the central government to push for storage of payment system data within the country and not allow mirroring of the data overseas, reports the Economic Times citing a top executive of the company. “On... In response to a parliamentary question, Information & Broadcasting minister Rajyavardhan Rathore said that the social media communications hub tender issued by a subsidiary did not violate privacy. “The government proposes to set up a Social Media Hub to facilitate information flow... MobiKwik has announced the appointment of three new business heads in line with the ongoing restructuring of the senior leadership team, the company said in a release. Deepak Batra has joined the company as head of ‘Online Business’ and will be responsible to help the partners drive... Update: Upasana Taku, co-founder of MobiKwik has reached out to Medianama to deny the report that Puneet Agarwal, Chief Risk Officer (CRO) of the company had resigned last week. Taku claimed that the report was incorrect and the original article, published by Entrackr was carried out without a... PayU has earmarked Rs 50 crore, to be invested by 2020 in a new service called ‘PayU now’, reports the Economic Times. Currently operating in a beta phase, the new vertical is largely focused on helping businesses with little or no online presence to come online and sell their... Education technology platform Byju’s has acquired Bengaluru-based math learning startup Math Adventures for an undisclosed amount. “Math Adventures’ activities will help us with our K-3 product development,” Byju Raveendran, CEO of Byju’s, told The Economic Times, which first reported... Alphabet, Google’s parent company reported its Q2 2018 results, with total revenue clocking in at $32.7 billion, up 26% from the second quarter of 2017. Accounting for EU’s $5 billion fine, the company’s net income stands at $3.1 billion, and excluding the fine stands at $8.2... YouTube is about to launch a small scale experiment to test a new “Explore” tab for its iOS app. YouTube says the tab “will help you discover more videos, topics and channels that you might not otherwise see”. The video streaming platform uploaded a post yesterday informing that it will... |
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