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Business Standard
07-07-2025
- Business
- Business Standard
Info Edge records 11% YoY surge in Q1 standalone billings to Rs 644 crore
Info Edge (India) reported an 11.18% year-on-year increase in standalone billings to Rs 644.2 crore for the quarter ended 30 June 2025, compared with Rs 579.4 crore recorded in the same period last year. The standalone billings for the recruitment solutions segment stood at Rs 470.3 crore (up 9.01% YoY), while the real estate segment (99acres) saw billings of Rs 94.4 crore (up 16.54% YoY). Additionally, Rs 79.5 crore (up 18.65% YoY) came from other business segments. Info Edge (India) is among the leading internet companies in India. The company runs leading internet businesses, viz., and The company also owns Quadrangle and Naukri Gulf. It has made significant strategic investments such as and happily etc. The company reported a 667.3% increase in standalone net profit to Rs 463.39 crore on 14% rise in revenue from operations to Rs 749.63 crore in Q4 FY25 over Q4 FY24. Shares of Info Edge tumbled 4.65% to Rs 1,416.80 on the BSE.
Mint
25-06-2025
- General
- Mint
TS LAWCET, PGLCET 2025 result LIVE Updates: Law entrance test scores to be out at lawcet.tgche.ac.in
TS LAWCET, PGLCET 2025 result LIVE: Results for the Telangana State Law & PG Law Common Entrance Test 2025 (TS LAWCET, PGLCET 2025) will be announced at 4 pm today, June 25. Results will be made available to students on the website here: As many as 57,715 candidates registered and 45,609 appeared for the entrance test for admissions to three and five-year law degree programmes and LLM courses on June 6, according to a report by Telangana Today. Earlier, the provisional answer key for TG LAWCET, PGLCET was released on June 11, 2025. The objections were allowed until June 13, 2025. The direct link to download the TG LAWCET/ PGLCET final answer key and result will be provided soon. The TS LAWCET and PGLCET 2025 exams were conducted successfully on June 6, 2025, at the designated centers across the state and nearby cities. How to Download Telangana LAWCET/ PGLCET 2025 Result PDF 1. Go to the official website, or check the direct link below 2. Click on the 'Final Answer Key or Result' tab 3. Enter your registration number, date of birth and hall ticket number 4. A new page will appear displaying the final answer key & TS LAWCET result 2025 5. Download the TS LAWCET, PGLCET 2025 scorecard PDF and save it for future reference. Details mentioned on TS LAWCET 2025 scorecard: Name of the Candidate Roll number Category of the candidate Course opted for Marks secured in each section Details mentioned on TG PGLCET 2025 scorecard: Candidate's name Roll No. Course name for which appeared Marks secured in each section Total marks & Rank TS LAWCET 2025 Counselling & Cut off The centralised counselling process for admission to three-year LLB, five-year LLB & LLM programs will commence soon after results are out. Students will receive a separate notification to register for the counselling process. Once the registration is complete, merit list and cut off list for both 3-year LLB and 5-year LLB courses will be released separately. reported. The TS LAWCET 2025 cut-off will be category-specific and indicate the minimum marks one needs to secure admission to a participating institute. What are Qualifying Marks and Admission Cutoff in TS LAWCET 2025? The qualifying marks is the minimum marks one needs to secure in the TS LAWCET 2025 exam to qualify in the exam and candidates who qualify in the exam will be eligible to participate in the counseling process. However, cut off marks is the minimum marks after which colleges does not accept the candidature. General and OBC category candidates will have to secure 35 percent "qualifying marks", i.e., 42 marks out of 120 in the entrance exam to qualify the test. Follow updates here: 25 Jun 2025, 01:38 PM IST Results for the TS LAWCET, PGLCET 2025 will be announced at 4 pm today, June 25 on the official website here: As many as 57,715 candidates registered and 45,609 appeared for the entrance test for admissions to three and five-year law degree programmes and LLM courses on June 6, according to a report by Telangana Today. 25 Jun 2025, 01:36 PM IST Good afternoon and welcome to Livemint's coverage of the Telangana State Law & PG Law Common Entrance Test 2025. Law entrance test scores for the TS LAWCET, PGLCET 2025 will be out at 4 pm today on the official link here — Both exams — TS LAWCET and PGLCET 2025 — were conducted successfully on June 6.
Mint
25-06-2025
- General
- Mint
TS LAWCET, PGLCET 2025 Result Today: Law entrance test scores to be out at lawcet.tgche.ac.in
The Telangana Law & PG Law Common Entrance Test result will be announced on Wednesday, June 25. Results will be made available to students on the website at 4 pm. A total of 57,715 candidates registered and 45609 appeared for the entrance test for admissions to three and five-year law degree programmes and LLM courses on June 6, Telangana Today reported. Earlier, the provisional answer key for TG LAWCET, PGLCET was released on June 11, 2025. The objections were allowed until June 13, 2025. The direct link to download the TG LAWCET/ PGLCET final answer key and result will be provided soon. The TS LAWCET and PGLCET 2025 exams were conducted successfully on June 6, 2025, at the designated centers across the state and nearby cities. 1. Go to the official website, or check the direct link below 2. Click on the 'Final Answer Key or Result' tab 3. Enter your registration number, date of birth and hall ticket number 4. A new page will appear displaying the final answer key & TS LAWCET result 2025 5. Download the TS LAWCET, PGLCET 2025 scorecard PDF and save it for future reference. Direct Link to Check TS LAWCET/ PGLCET 2025 Result: to be updated Category of the candidate Marks secured in each section Course name for which appeared Marks secured in each section TS LAWCET 2025 Counselling & Cut off The centralised counselling process for admission to three-year LLB, five-year LLB & LLM programs will commence soon after results are out. Students will receive a separate notification to register for the counselling process. Once the registration is complete, merit list and cut off list for both 3-year LLB and 5-year LLB courses will be released separately. reported. The TS LAWCET 2025 cut-off will be category-specific and indicate the minimum marks one needs to secure admission to a participating institute. The qualifying marks is the minimum marks one needs to secure in the TS LAWCET 2025 exam to qualify in the exam and candidates who qualify in the exam will be eligible to participate in the counseling process. However, cut off marks is the minimum marks after which colleges does not accept the candidature. General and OBC category candidates will have to secure 35 percent "qualifying marks", i.e., 42 marks out of 120 in the entrance exam to qualify the test.
India Today
05-06-2025
- Business
- India Today
Meet Sanjeev Bikhchandani, Co-founder of Ashoka University and Naukri
Sanjeev Bikhchandani is one of the most revered entrepreneurs and philanthropists in India. He is widely known as the founder of India's first online job portal, but he has also created a huge impact in India's education sector by co-founding Ashoka University. From building businesses to supporting social causes, Sanjeev Bikhchandani represents a compelling story of how innovation, vision, and meaning can overlap to drive real is Sanjeev Bikhchandani?Sanjeev Bikhchandani is one of the most respected entrepreneurs in India. He is most known for founding India's first and most popular online job portal. Today, he is also known as a powerful investor, philanthropist, and startup mentor. His efforts have improved the lives of millions of jobseekers across India and helped shape the digital economy.A Look at Sanjeev Bikhchandani's Professional JourneySanjeev Bikhchandani is an Indian entrepreneur and the founder of Info Edge. He was born in New Delhi, India. Bikhchandani went to St. Columba's School, New Delhi, and graduated from school in obtained a Bachelor of Arts with Economics as his main subject from St. Stephen's College, Delhi, graduating in 1984, and an MBA from the Indian Institute of Management, Ahmedabad (IIM Ahmedabad) in completing his MBA from IIM Ahmedabad in 1989, Sanjeev Bikhchandani began his career in marketing at Hindustan Milkfood Manufacturers (now GlaxoSmithKline), working on the Horlicks 1990, he left his job to pursue entrepreneurship. He founded Info Edge in 1995, which would become a leading online classifieds company in 1997, he launched which quickly grew to become India's largest web-based employment site, revolutionising job search and recruitment in the his leadership, Info Edge expanded its portfolio with other classified sites, including (real estate), (matrimonial), and (education).Bikhchandani is recognised as an astute investor, having made successful investments in startups such as PolicyBazaar and is also part of the 'Vision Circle' of FYI (Foundation for Young Innovators), a non-profit organisation supporting young has received several honours, including the Ernst and Young Entrepreneur of the Year Award (2008) and the Padma Shri (2020).Awards and honours received by Sanjeev Bikhchandani 2008: Received the Ernst and Young – Entrepreneur of the Year Award for Business Transformation.2008: Honoured with the Dataquest Pathbreaker Award and Teacher's Achievement Award for Business.2011: Conferred the Distinguished Alumnus Award by the Indian Institute of Management Ahmedabad (IIM-A).2012: Received the CF Andrews Distinguished Alumnus Award from St. Stephen's College, Delhi.2012: Honoured with the Lakshmipat Singhania – IIM Lucknow National Leadership Award as Young Leader in the Business Category.2017: Featured in Outlook Magazine's list of India's fifty greatest CEOs ever.2019: Awarded the Lifetime Achievement Award in IT by the Financial Express.2020: Conferred the prestigious Padma Shri Award by the Ministry of Home Affairs, Government of Sanjeev Bikhchandani stands not just as the founder of a successful internet company but as a symbol of how entrepreneurship can be a powerful force for change. From enabling millions of Indians to find jobs through to investing in the country's digital and educational future, Bikhchandani continues to inspire a new generation of change India's startup and innovation ecosystem evolves, leaders like him remain a guiding light for building businesses that are both purposeful and impactful.
Time of India
27-05-2025
- Business
- Time of India
RBI's new directive to NBFCs; Oyo's third IPO attempt
RBI's new directive to NBFCs; Oyo's third IPO attempt Also in the letter: RBI tightens default loss guarantee rule; NBFCs to exclude cover on fintech-sourced loans What's changing? Strengthen underwriting practices. Curb systemic risks. Avoid over-reliance on fintechs. Who's affected? MobiKwik Paytm Moneyview When's the deadline? The impact: NBFCs: Higher provisions, leading to reduced appetite for fintech-originated credit. Higher provisions, leading to reduced appetite for fintech-originated credit. Fintechs: Likely decline in originations and income. Likely decline in originations and income. Borrowers: Stricter access to unsecured credit. Oyo to meet bankers next week for third IPO attempt; eyes $5-7 billion valuation Verbatim: More details: The company is in talks with Indian and global banks. It aims to file its draft red herring prospectus (DRHP) between August and September, with a public listing targeted for March or April 2026, according to sources. This will be Oyo's third attempt at going public. It first filed with the Securities and Exchange Board of India in 2021, aiming for an Rs 8,430 crore IPO, but withdrew in 2022. A second filing, made confidentially in 2023, was also withdrawn in 2024. Recent fundraise: Sponsor ETtech Top 5 & Morning Dispatch! Why it matters: The opportunity: Reach a highly engaged audience of decision-makers. Boost your brand's visibility among the tech-savvy community. Custom sponsorship options to align with your brand's goals. What's next: Info Edge Q4 revenue rises 14% to Rs 750 crore; net profit surges 8x to Rs 678 crore Financials: Operating revenue (Q4): Rs 750 crore. Rs 750 crore. Net profit (Q4): Rs 678 crore, up from Rs 88 crore a year ago. Rs 678 crore, up from Rs 88 crore a year ago. Revenue (FY25): Rs 2,849 crore, up 12% YoY. Rs 2,849 crore, up 12% YoY. Net profit (FY25): Rs 1,310 crore, more than double the Rs 594 crore reported in FY24. Rs 1,310 crore, more than double the Rs 594 crore reported in FY24. Total expenses (FY25): Rs 539 crore, compared to Rs 469 crore in FY24. Employee benefits: Rs 331 crore. Advertising and promotion costs: Rs 100 crore. Rs 539 crore, compared to Rs 469 crore in FY24. Revenue breakdown: Recruitment solutions (including : Rs 542 crore, up 13% YoY. : Rs 542 crore, up 13% YoY. 99Acres (real estate portal): Rs 106 crore, up 14%. Rs 106 crore, up 14%. Other businesses (including and : Rs 101 crore, up nearly 20%. Also Read: Sarvam AI unveils multilingual LLM; low traction poses questions on India's AI scene About the model: The model supports a hybrid reasoning mode for tackling complex logical reasoning problems, as well as mathematical and coding tasks. Additionally, it features a non-think mode for general-purpose conversation. According to the company, Sarvam M outperforms similarly sized models on coding and math benchmarks. No traction: Frinks AI raises $5.4 million: Contineu raises $1.2 million: Technology workforce in Bengaluru crosses one-million mark; IT city among 12 global tech hubs: CBRE Details: The city ranks fourth among the 12 tech markets in terms of the share of its working-age population. 75% of Bengaluru's falls in this productive age group. Between 2019 and 2024, Bengaluru saw a 2.4% increase in its working population. The city also leads in terms of AI development talent. In 2024, Bengaluru attracted 140 venture capital (VC) deals worth $3.3 billion. The RBI has tightened rules on default loss guarantees (DLGs), a move that is likely to hit digital lenders hard. This and more in today's ETtech Top 5.■ Info Edge Q4 results■ Sarvam's LLM gets muted response■ Bengaluru tech workforce crosses 1 millionThe Reserve Bank of India (RBI) has directed non-banking finance companies (NBFCs) to exclude default loss guarantees (DLGs) provided by fintech partners when provisioning for bad will no longer factor in the typical 5% guarantee from digital lending partners to reduce provisioning on stressed loans. This marks a significant shift that could dent both origination volumes and fee income for RBI wants NBFCs to:The move follows cases where fintechs failed to honour DLGs, leaving NBFCs exposed to lending partners such as:These firms act as lending service providers and typically offer DLGs of up to 5%, often backed by fixed deposits lien-marked in favour of NBFCs. These guarantees act as credit cushions and are usually factored into expected credit losses (ECL) must comply by September 30, treating fintech-originated loans as if there is no credit enhancement. Some NBFCs have already begun adjusting provisions from Q4 directive is part of the RBI's broader crackdown on hidden risks in India's rapidly growing digital lending ecosystem. It also serves as a nudge for NBFCs to shoulder the risk they underwrite, instead of outsourcing Agarwal, CEO, OyoOravel Stays Ltd, the parent company of hospitality startup Oyo, is set to formally review proposals from merchant bankers next week as it prepares for a fresh attempt at an initial public offering (IPO), according to multiple people familiar with the development.'During the preliminary discussions, some bankers proposed that the company could get valued as high as $10 billion for its public issue, but the company's realistic expectation is around $6-7 billion,' a source August, Oyo raised Rs 1,457 crore from a group of investors at a significantly reduced valuation. In December, it secured $825 million in debt from Deutsche Bank to fund its $525 million acquisition of US motel chain Motel Top 5 and Morning Dispatch are must-reads for India's tech and business leaders, including startup founders, investors, policy makers, industry insiders and Reach out to us at spotlightpartner@ to explore sponsorship Bikhchandani, cofounder, Info parent Info Edge posted a 14% year-on-year (YoY) increase in operating revenue for the March quarter, driven by robust growth across both recruitment and non-recruitment AI startup Sarvam AI, the first company chosen by the government to build a homegrown foundational model, has launched its open-source large language model (LLM) . However, the early reception has been muted, with only a few hundred downloads in the initial claims its LLM, Sarvam M, performs well on benchmarks in mathematics, programming, and 11 Indian languages, including Hindi, Gujarati, Kannada, and model, released on Hugging Face, recorded just over 300 downloads at launch. As of May 27, the number had increased to 1,200. The lukewarm response has reignited debate over India's place in the global AI race, particularly with rivals such as DeepSeek and AI has raised $5.4 million in a new funding round led by Prime Venture Partners. Founded by IIT Hyderabad alumni Aditya Agrawal, Dharmgya Sharma, and Subhra S Bhattacherjee, Frinks AI is a deep-tech startup developing next-generation vision AI systems for industrial automation and quality startup Contineu has raised $1.2 million in a seed funding round led by SenseAI Ventures, with Piper Serica Angel Fund participating. Founded in 2023, the startup automates data entry on construction sites through its platform, utilising helmet-mounted cameras and 3D computer vision is now among the top 12 global technology hubs, joining the ranks of Beijing, Boston, London, New York, and Toronto, as its technology workforce has crossed the one million to a report by real estate consultant CBRE, Bengaluru's tech talent scale rivals that of the US hubs of San Francisco and New York.
