The company reported consolidated net profit at Rs 93.66 crore, which surged 149 percent, as compared to Q1FY20, when it reported loss of Rs 190.91 crore. The net profit margin in Q1FY21 came in at 32.86 percent which jumped by 92.58 percent YoY. … [Read more...] about Info Edge share price gains after Q1 profit surges 149% YoY
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USDCAD moved down yesterday due to broad weakness in the US dollar on concerns about President Donald Trumps immigration policy which continued to generate risk aversion. The pair plunged below 1.31 levels yesterday but gains were capped on weakness in Oil prices. Overall, the pair declined more than 150 points to close at 1.3150 last week. Markets participants are also seeing investment opportunities in Canadian dollar due to uncertainty in US markets as Oil prices stabilize above $50. … [Read more...] about Loonie edges up amid uncertainty in Trump‘s policy
Garikipati was the co-founder of fintech startup Davinta FinServ, focussing on financial inclusion for the bottom of the pyramid consumers. Before co-founding Davinta, as the Flipkart CTO, Garikipati drove the ecommerce major’s technology play. … [Read more...] about For tech edge, 5Paisa gets Flipkart’s former CTO Ravi Garikipati on its board
“Initially, there was an impact due to the Coronavirus situation, but the growth has bounced back. We are seeing a 30 percent increase in profit. While revenue was down in April and May, it started growing since June. We expect better growth in the next quarter,” Murugavel Janakiraman, Founder and CEO of Matrimony.com, had said in an earlier interview to Moneycontrol. … [Read more...] about Here are some matchmaking trends in India in times of COVID-19
To keep costs under a check, Realme 7 Pro comes with a polycarbonate shell instead of a glass back found on the Realme 6 Pro. This has made the phone lighter at 182 grams. The rear panel of the Mirror Blue Realme 7 Pro review unit provided by Realme has a “Mirror design”, which is an unusual mix of matte texture and a shiny look. While the matte texture helps keep fingerprints at bay, the shiny coating throws different light effects when you look at the phone from different angles. … [Read more...] about Realme 7 Pro Review: The best smartphone under Rs 20,000 in India?