Info Edge (India) topped expectations in its October-December quarter (Q3) results, posting strong revenue and profit growth. Its shares have rallied as much as 6.14 per cent in two days. The technology holding company's revenue rose 15.2 per cent year-on-year (Y-o-Y) to Rs 722.3 crore, driven by robust performance across its key verticals, particularly its recruitment business.
Info Edge (India), the country's leading consumer internet company known for its platforms in recruitment (naukri.com), real estate (99acres.com), matrimony (jeevansathi.com) and education (shiksha.com) space, delivered revenue growth in line with expectations in the April-June quarter (Q1) of FY25.
Rao suggested changes should also be brought in the evaluation methods and pitched for introduction of an open-book examination system for competitive examinations designed to test the candidates' "competence, aptitude, attitude and Intelligence Quotient".
Chirag Chikkara created history as he became only the third Indian to be crowned Under-23 World champion.
The stock of online classified major Info Edge (India) was up over 6 per cent on Friday on expectations of demand improvement for Indian IT companies. Strong revenue growth prospects for each of its online verticals - including recruitment, matrimony, real estate, education, and upside from its holdings in companies such as Zomato - had prompted Goldman Sachs to upgrade the stock. Info Edge's standalone revenue grew 10.6 per cent year on year (Y-o-Y) in Q2FY25, beating consensus. 99acres (+16.9 per cent Y-o-Y) and Jeevansathi (+33 per cent Y-o-Y) were drivers of growth while recruitment grew 8.5 per cent Y-o-Y.
The top brass of the Bihar education department came under shock when it was found that funds granted under the Sarva Shiksha Abhiyan -- a government of India programme which aims to provide free and compulsory education to all children of ages 6 to 14 years -- was used by 54 headmasters of government-run primary and middle schools to build their own homes instead of constructing new classrooms and schools, officials in Patna said on Monday.
'If you want to win you need to perform.' 'Governments have found a way to buck anti-incumbency, but one policy intervention will not pay in all elections.'
The incident happened in a government higher primary school located in Faridpur, Basic Shiksha Adhikari (BSA) Vinay Kumar said.
There was a memorable meeting with a 'tall, elegant, beautiful girl', who had recently finished her 12th in the strongly tribal Jhabua district, Madhya Pradesh. 'I was shocked. In this whole sea of villages, I knew for sure there was no other 12th pass girl. I said I want to meet your father.' 'She brought her father, a daily-wage labourer. I asked him: "How come you decided to educate your girl till the 12th standard? You break stones for a living and you don't have a lot of money".' 'He just said one line and in that one line he said everything.'
The new season takes the students out of their preoccupation with studies to other problems -- jealousy of another's easy success, a blip in a romance, financial crunch, meltdowns, discovers Deepa Gahlot.
'There is also a possibility that Andhra Pradesh may demand a similar package. But as of now, we are only working on a package for Bihar.'
The Boxing Federation of India (BFI) maintains that winning a gold medal at the Nationals was not a criterion to pick the team.
Although the third quarter of financial year (2023-2024) FY24 (Q3FY24) was marginally below expectations, Info Edge (India) is witnessing strong investment trends and hitting new highs. The big driver is optimism about a pickup in the jobs market, which benefits Naukri.com and could mean upgrades in Q4FY24 expectations. The JobSpeak Index, which Naukri.com releases on a monthly basis, is showing a "transformative shift".
Last week, the court had refused to grant any interim relief to the petitioning players and said in the meantime, if a reserved category player is being maintained, the petitioners' names should be considered.
Taking a strong view of Google pulling out some apps from its Play Store, the government on Saturday said delisting of Indian apps cannot be permitted and that the tech company and the startups concerned have been called for a meeting next week. In an interview to PTI, IT and Telecom Minister Ashwini Vaishnaw said the startup ecosystem is key to the Indian economy and their fate cannot be left to any big tech to decide. The minister's comments assume significance as Google on Friday began removing some apps, including popular matrimony apps, from its Play Store in India over a dispute on service fee payments, even as apps and well-known startup founders cried foul.
India is expected to overtake the US as the largest developer community on GitHub by 2027, Microsoft chairman and chief executive officer Satya Nadella said during his address to 1,100 developers and technology leaders at the Microsoft AI Tour in Bengaluru on Thursday. India is the fastest-growing market on GitHub, a Microsoft-owned software development platform, with 13.2 million developers using it.
The Facebook page amassed a huge following, causing confusion among people, who assumed that Amritpal had taken over the organisation created by Deep Sidhu.
The University Grants Commission (UGC) on Friday declared 21 universities as "fake" and not empowered to confer any degree, majority of which are in Delhi followed by Uttar Pradesh.
The school management said it was not opening the institute as it was busy replying to the show cause notice served to it by the education department over the school's affiliation.
The teacher, identified as Trapti Tyagi, can be seen asking the students of class 2 of a private school in Khubbapur village under Mansurpur police station area in Muzaffarnagar to hit the hapless child.
It's been a year since a helicopter crash in the Nilgiris tragically took away India's first Chief of Defence Staff General Bipin Rawat, his wife Madhulika Rawat and 10 other military officers and personnel.
Biographies of India's first prime minister Jawaharlal Nehru, spiritual leader Swami Vivekananda, Arya Samaj founder Swami Dayanand Saraswati, and writer and freedom fighter Pandit Shriram Sharma have been included in the curriculum.
Info Edge (India) reported good Q2FY24 results with hiring across other segments helping offset weak IT performance. The revenue increased 11.5 per cent year-on-year (Y-o-Y) to Rs 593 crore, (up 1.5 per cent quarter-on-quarter or Q-o-Q). The earnings before interest, taxes, depreciation, and amortization (Ebitda) margin was excellent at 40.7 per cent, up 200 basis points year-on-year (Y-o-Y).
Indian boxer Anamika (50kg) showed her prowess and technical superiority to advance to the pre-quarterfinals of the IBA Women's World Boxing Championships
The department will also facilitate for the transfer of other students studying in Neha Public School in Khabbupur village where the incident took place on Friday, they said.
It wasn't gold, but black that dominated the red carpet at the Iconic Gold Awards in Mumbai.
Nikhat was the first Indian in action on Sunday and she completely dominated from start to finish in her round of 16 bout.
Thrillers, scams, cults and corruption, things get pretty intense on OTT this week.
When asked about a compromise with Tripta Tyagi, the school teacher involved in the incident, the father said there will be no compromise with her.
The government views dropout as a barrier to achieving the new National Education Policy's aim of 100 per cent gross enrolment rate at the school level by 2030, according to officials.
'We want to make sustainability affordable.' 'We tell everyone, don't just recycle, Craste it!'
Whether it was the MGNREGS or the NFSA or the Aadhaar-based DBT scheme for cash transfer, the Modi government has built on the basic architecture created by the Singh government. Policy makers in the Modi government, instead of discarding them as products of the previous political regime, worked on them, expanded their scope and reach, and used new tools to improve their performance, explains A K Bhattacharya.
Congress deputy leader in Rajya Sabha Pramod Tiwari said the first priority should be to hold a comprehensive and detailed discussion on the Manipur situation in Parliament, going by the fact that people have been killed and the chief minister himself has admitted that several such incidents have happened in the state.
Former Delhi deputy chief minister Manish Sisodia will be lodged in central jail number-1 of Tihar Prison in New Delhi after a court remanded him to judicial custody till March 20 in connection with the excise policy case, according to officials.
As the Indian version of The Archies gets ready to hit OTT, Deepa Gahlot picks 10 interesting college-and-youth-oriented shows on OTT.
In her defence, the teacher, Tripti Tyagi, has said that the video has been tampered with in order to stoke tensions.
Nineteen people have been killed in rain-related incidents in Uttar Pradesh in the past 24 hours, the state relief commissioner's office said Monday evening.
A video showing the incident involving school teacher, Tripta Tyagi, and the Class 2 boy in Muzaffarnagar has gone viral on social media eliciting strong words from several political parties.
At the Asian Games, women pugilists will compete in five weight categories: 51kg, 57kg, 60kg, 69kg and 75kg. While the Olympics will have six weight classes -- 50kg, 54kg, 57kg, 60kg, 66kg and 75kg.
The court noted that no appreciable steps have been taken ever since an order was passed by it on June 13 to deploy central forces in sensitive areas for the poll process.
