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Zomato losses soar in FY16, drag parent Info Edge into the red

Wednesday, May 25, 2016 | More »

Restaurant listings and discovery company Zomato Media Pvt Ltd plunged deeper into the red in the financial year through March 2016 and even pushed parent Info Edge (India) Ltd into losses. Pre-tax loss at Zomato widened almost four-fold to Rs 492.27 crore in 2015-16 from Rs 136 crore the year befor...


Real estate portal 99acres narrows losses in Q4

Property portal 99acres.com has shrunk its losses in the quarter through March from the previous three months while growing its revenue. The portal, operated by Info Edge (India) Ltd, posted a pre-tax loss of Rs 13.37 crore for the fourth quarter of 2015-16 from a loss of Rs 21.28 crore in the third...

25 May, 2016 | More »