Info Edge (India) Ltd.’s billing stood at ₹249.5 crore, down by 17% YoY. Revenue fell 19.1% YoY to ₹256.1 crore. "We are pleased to see gradual recovery of billings across all businesses. The QoQ billings have grown by 32.3%," chief financial officer Chintan Thakkar said in a statement. Info Edge runs jobs portal Naukri, real estate portal 99acres, matrimony portal Jeevansathi, and is also an early investor in Zomato. Financial Snapshot Billing: ₹249.5 crore, up by 32.2% QoQ, down by 17% YoY Net Sales (Revenue): ₹256.1 crore, down by 8.5% QoQ and by 19.1% YoY Total income: ₹282.4 crore, down by 5.9% QoQ and by 16.9% YoY Operating EBITDA: ₹51.6 crore, down by 50.6% QoQ and by 48.1% YoY Press Release | Earnings call scheduled for Nov 11, 2020 at 4:30 pm IST
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"Without Google’s abuse of its dominant position, the media companies would have received significantly higher revenues from advertising and paid lower fees for ad...
Google removes apps of Matrimony.com, Shaadi, and other Indian companies for not complying with the Play Store billing policy
Speaking to Medianama, founders of the concerned companies alleged Google was the one not in compliance with the Indian competition regulator's antitrust order.
Haryana Police Seeks Cancellation of Visas, Passports of Protesting Farmers Identified Through CCTVs, Drone Footages
According to reports, farmers have also informed that their phones are being put on surveillance, and that they are being notified by the police...
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Views: Response to NPCI CEO’s comments that what is not written in regulations is a no-go for fintech entities
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