Info Edge (India) Ltd, provider of online classifieds, said it plans to invest upto Rs4.7 crore in DC Foodiebay Online Services Pvt Ltd, an online food guide and restaurant directory business.
Info Edge (India) had recently approved the issue of bonus shares in the ratio of 1:1 to the existing equity shareholders of the company, as on the record date, as may be fixed. This is however subject to the approval of shareholders of the company.
On Wednesday, Info Edge shares ended 1% down at Rs1,035 on the Bombay Stock Exchange, while the benchmark Sensex closed 0.7% down at 18,179 points.
Construction and engineering, Atlanta Ltd in consortium has received an order worth Rs54.7 crore from the chief engineer office, National Highways, Orissa.
The scope of the work includes widening and strengthening of existing intermediate lane to two lane carriage of National Highway 224.
On Wednesday, Atlanta shares declined 1.9% to Rs356 on the Bombay Stock Exchange, while the benchmark Sensex closed 0.7% down at 18,179 points.
Chennai-based EdServ Softsystems Ltd said it has signed a Global e-Training Partnership with Ottawa, Canada headquartered Corel Corporation.
Under the partnership, students of EdServ will be eligible to appear for an online test and receive direct Corel Certification. EdServ shall also venture global marketing with Corel certification and address corporate and institution needs to generate qualified Corel designers and multimedia specialists. EdServ will also acquire original software licenses of Corel Corporation through this partnership.
EdServ is aggressively targeting the school segment this year to offer Corel's reputed curriculum and the certification programme to its expanding school network. The company targets Rs60 crore revenue over the next 18 months from multimedia and animation e-learning.
On Wednesday, EdServ shares ended 0.6% up at Rs203 on the Bombay Stock Exchange, while the benchmark Sensex closed 0.7% down at 18,179 points.