archiveInfo Edge

Noida-based Info Edge (India), the parent company of Naukri.com, 99acres, Jeevansathi and Shiksha, will invest approximately Rs 40 crore in Startup Investments, a wholly-owned subsidiary, the company said in a regulatory filing on Wednesday. How will Info Edge invest Rs 40 crore in Startup Investments Holdings?  Under the terms of the transaction, Info Edge will acquire 18,68,285 compulsorily convertible debentures (CCDs) carrying a 0.0001% coupon, at an issue price of Rs 214.10 each, which includes a premium of Rs 114.10 per debenture. The investment will be made through cash consideration,...

Sensex Today | Stock Market LIVE Updates: Indian benchmark indices Nifty 50 and Sensex ended the previous trade session higher. Nifty 50 closed at 22,828.55, while Sensex ended at 75,157.26. Sensex Today | Stock Market LIVE Updates: Nifty 50 ended the previous trade session 3,448.8 points away from its record high of 26,277.35.Overnight, Wall Street indices ended higher. Asian markets too were in the green in early trade today.Auto stocks, Tech Stocks, Pharma stocks, Havells India, IREDA, BHFL, Reliance Industries, Vedanta, HCLTech, Zydus Lifesciences, Indian Overseas Bank, Persistent Systems, Delhivery,...