Info Edge, one of India’s pioneering dotcom companies, said four of its websites were taken offline by a hardware failure at the data center. However, said the company, the websites are now working normally, and business is unlikely to be affected. The suspected hardware failure took place on Tuesday evening. The websites impacted were the […]
Info Edge India, which runs websites like jeevansathi.com and naukri.com, reported a 22% year-on-year increase in revenue and but the top line remained flattish on a sequential basis. Margins suffered due to higher advertising costs. Total billing during the third quarter increased 19% on year to Rs 228.3 cr, the company said. Net sales rose […]
Quess Corp, the ‘business services’ subsidiary of Thomas Cook India, announced two major acquisitions, purchasing the Asia business of Monster.com and the Indian service center business of HCL Infosystems. Quess Corp will pay up to Rs 30 cr for the service center business of HCL Infosystems. It did not disclose the consideration for the monster.com […]
Info Edge (India) Limited, the biggest listed ecommerce company in India, said net sales rose 19% to Rs 171.8 crore for the quarter ended June compared to a year ago. However, profitability was hit and profit after tax fell to Rs 28.7 crore from 39.8 cr a year ago. Most Internet companies in India not […]
