Info edge

Info Edge’s total income, however, increased 19.7% to Rs263.1 crore for the fourth quarter of 2017-18 as against Rs219.7 crore in the year-ago period
Info Edge has been one of the many beneficiaries of the broad market rally—in the past three months, its shares have risen by more than 35%.

Info Edge rallies on hope

1 min read . 30 Nov 2017
Zomato’s sales grew 80% to $49 million in 2016-17, owing to growth in the advertising and the food delivery business. Photo: Mint
According to the draft red herring prospectus filed with markets regulator Securities and Exchange Board of India, Citigroup Global Markets India, Deutsche Equities India and Kotak Mahindra Capital are the investment bankers for the IPO.<br />
Zomato has been aggressively expanding its global presence through inorganic route. Photo: Mint <br />