Podcasts about info edge

Episode 99 of The Prakhar Gupta Xperience features Sanjeev Bikhchandani, the co-founder of Info Edge, the parent company behind platforms like Naukri.com, one of India's earliest and most successful internet businesses. A pioneer of India's startup revolution, Sanjeev has played a foundational role in shaping the country's digital economy. Recording Date: May 3, 2025This is what we talked about:00:00 - The mistakes this generation is making09:20 - What success really means16:26 - Conventional vs. Unconventional paths21:36 - How important is money?38:44 - What to do during uncertain times48:12 - When he stopped working for money1:01:14 - His formula for success1:07:04 - What success doesn't include1:19:50 - His biggest failures and how he overcame them1:33:56- How to handle the highs and lows of life1:40:56 - Advice for Prakhar

In today's Tech3 from Moneycontrol, we unpack the impact of India's cross-border Operation Sindoor — a retaliatory strike following the Pahalgam terror attack. From a sweeping misinformation crackdown across social media to heightened cybersecurity alerts and major travel disruptions, we break it all down. Plus, Info Edge reveals blockbuster returns on its early bets in Zomato and PolicyBazaar, and Sarvam AI drops a new multilingual voice model. Tune in for tech, startup, and geopolitical ripple effects.

We unravel the rise & fall of Rahul Yadav's 4B Networks. Uncovering Info Edge's ₹288 crore write-off, proptech's insolvency, multiple FIRs & lessons for founders!

In today's Tech3 Podcast by Moneycontrol, we break down the biggest stories in SaaS, fintech, AI, and IPOs! M2P acquires AI startup Mad Street Den in a $10-15M deal, Kissht co-founders make a fresh start with an AI-powered debt resolution platform, and Info Edge-backed NoPaperForms gears up for an IPO. Plus, Yotta supercharges India's AI ambitions with thousands of Nvidia GPUs, and InsuranceDekho secures a big funding round. Tune in now for all the latest updates!

Marketbuzz Podcast: Indian markets may open in the green according to the GIFT Nifty. Watch out for stocks like Titan, Page Industries, Swiggy and Info Edge.

Today on the Indian Business Podcast, we are honored to host one of the most iconic figures in Indian entrepreneurship — Mr. Sanjeev Bikhchandani, the founder and executive vice chairman of Info Edge, the company behind Naukri.com, India's largest job portal. From building a ₹55,000 crore enterprise to empowering countless businesses and entrepreneurs through his investments in Zomato and PolicyBazaar, Sanjeev Bikhchandani is here to share the secrets behind his incredible journey. This episode is a must-watch for aspiring entrepreneurs, business enthusiasts, and anyone curious about the digital revolution in India!

In a candid conversation with IndiaPodcasts StartupMahakumbh , sbikhcha Sanjeev Bikhchandani, Co-founder and executive vice-chairman of InfoEdge2002 spoke about the future of startups in India. Sanjeev Bikhchandani is the founder and executive vice chairman of Info Edge, established in 1995, initially as an online platform reproducing classified ads. Notably, Bikhchandani is renowned for founding Naukri.com, a prominent job portal under Info Edge.

On Friday, Google removed a bunch of popular apps like Bharat Matrimony, Shaadi.com,Naukri.com  and even some dating apps like Truly Madly and Quack Quack from its Playstore. The tech giant said it was because these apps were not compliant with its billing policy.The impact was immediately felt in the stock market. For example, shares of Info Edge that owns Naukri and 99 acres fell 3% on Saturday These apps were scrambling and somehow at the end of the day, the government intervened and we heard news that they have been reinstated.The tech giant wanted to enforce its new billing policy. Google said in a blogpost on Friday that out of the developers using Google Play, only ten Indian developers did not to pay for the services and how allowing a few to receive different treatment creates an unfair environment and disadvantages other apps and games.Now while all this comes after a Supreme Court ruling that had earlier refused to stop Google from removing non compliant apps from the Playstore, here's the irony: Google itself has been found guilty of adopting anti-competitive or monopolistic practices in India.Tune in.

On the occasion of National Startup Day, Chandra R Srikanth, Deputy Executive Editor, Moneycontrol, sat down for a conversation with two stalwarts of the Indian startup ecosystem, Deep Kalra, Founder & Chairman, Makemytrip, and Sanjeev Bikhchandani, Founder, Info Edge, on the theme 'Leap to Unicorn: Overcoming Obstacles in India's Startup Journey'. The two leaders reflected on the evolution of the Indian startup ecosystem, while prescribing regulatory and structural changes that could improve the success rate of startups, as part of a special discussion, presented by Leap To Unicorn Season 2, an initiative for startup growth by IDFC FIRST Bank, in association with Moneycontrol and CNBC-TV18. #Partnered. 

Sanjeev Bikhchandani is an Indian Billionaire, the Father of Indian Entrepreneurship. He built the first major digital-first company of our generation - Info Edge Group and successfully listed it into a phenomenal digital conglomerate Naukri.com, Jeevansaathi.com - INR 685.94 Billion. Info Edge is also a major investor in two of India's largest new-age startups - Zomato and PolicyBazar, which are both public companies and huge outcomes for the ecosystem. Through this episode, we uncover a bunch of interesting topics to leverage Sanjeev Sir's generational experiences. Tune in to get all insights from the episode. 00:00 - Preview 00:46 - Introduction 01:52 - Customer Money or Investor Money 05:15 - The India Story 11:00 - Success or Survival? 13:05 - Jugaad since 1990 15:31 - Outlier Founders 19:20 - The Zomato Story 26:28 - What does the Public Market not get about Startups? 30:24 - Operator Investors or Career Investors 33:15 - Governance 41:44 - Long Term? 43:04 - New Age India & Founders 47:39 - The Consumer of India 49:50 - Power of Education 55:00 - Young India 1:01:15 - Mistakes during the 33 years! 1:05:06 - Meaning of Money? 1:07:25 - Interesting Conversations 1:10:56 - Hustle beyond 35 years 1:12:46 - Final Learnings

Get Opto's best content every day by subscribing to our FREE Newsletter: www.cmcmarkets.com/en/opto/newsletterToday, we have the pleasure of welcoming Kevin T. Carter, Founder and Chief Investment Officer of EMQQ Global, back to the show.In this episode, Kevin walks us through how to invest in emerging markets, discussing his investment philosophy and shedding light on the challenges with traditional indexes, including the MSCI Emerging Markets index. We also explore his foray into the Chinese market and key takeaways from that experience, emphasising the paramount role of the consumer sector in emerging markets and the allure of consumer-oriented internet companies. We shift the focus to India's evolving digital landscape, exploring how key players like Reliance Industries, with their Jio initiative, are contributing to nationwide 4G and 5G connectivity and how other companies, including Zomato and Info Edge, are revolutionising India's digital landscape. We conclude with Kevin sharing why he believes India's economic growth could beat current predictions. Enjoy!Listen to our previous interviews with Kevin here:Learn about INQQ: https://podcasts.apple.com/gb/podcast/kevin-t-carter-inqq-is-india-the-next-internet-e/id1504694129?i=1000610821823 Learn about EMQQ: https://podcasts.apple.com/gb/podcast/83-kevin-t-carter-the-biggest-opportunity-in-the/id1504694129?i=1000537073684 Learn about FMQQ: https://podcasts.apple.com/gb/podcast/109-kevin-t-carter-fmqq-investing-in-frontier-markets/id1504694129?i=1000555793862------------------Past performance is not a reliable indicator of future results.CMC Markets is an execution-only service provider. The material (whether or not it states any opinions) is for general information purposes only and does not take into account your personal circumstances or objectives. Nothing in this material is (or should be considered to be) financial, investment, or other advice on which reliance should be placed. No opinion given in the material constitutes a recommendation by CMC Markets or the author that any particular investment, security, transaction, or investment strategy is suitable for any specific person.The material has not been prepared in accordance with legal requirements designed to promote the independence of investment research. Although we are not specifically prevented from dealing before providing this material, we do not seek to take advantage of the material prior to its dissemination.CMC Markets does not endorse or offer opinions on the trading strategies used by the author. Their trading strategies do not guarantee any return and CMC Markets shall not be held responsible for any loss that you may incur, either directly or indirectly, arising from any investment based on any information contained herein for any loss that you may incur, either directly or indirectly, arising from any investment based on any information contained herein.

Join us for a casual chat with Sanjeev Bhikhchandani, the man behind Naukri.com and a lot more. In this episode, he spills the beans on how it all started.Back in '97, he was just an average guy taking small steps as an entrepreneur. Naukri.com was just one of those ideas, but it turned out to be a game-changer.He tells us how luck played its part, but it was also about hard work and smart decisions. And he shares some wisdom he got early on: make yourself dispensable.The conversation takes us through the journey of delegation and empowerment. Learn how good people can snatch power from you, even if you don't give it to them.Fast forward to today, and Info Edge has invested in dozens of startups, including big names like Zomato. Hear how a bold move into food delivery, against advice, saved the company during the pandemic.This podcast is all about self-belief, resilience, and the fascinating stories behind some of India's biggest startups. So, grab a coffee and tune in!

IIT dropout turned entrepreneur Rahul Yadav has been in the news for all the wrong reasons over the last decade. Yadav, fired from his first startup, Housing.com, for brash behaviour, is now facing the wrath of Sanjeev Bikchandani's Info Edge, the majority shareholder of his new venture, Broker Network (4B Networks). Host Mugdha Variyar unfolds the drama with  Priyanka Sahay, Assistant Editor, ET Prime, recently interviewed Rahul Yadav on why investors are again experiencing a déjà vu of uncontrolled spending and a flameout after a dream start  Shriram Subramanian, Founder & Managing Director of InGovern, on the glaring rise of governance issues with many repeat offenders in the startup ecosystem. Credits: CNBC-TV18, Moneycontrol/CNBC-TV18, OneIndia, ET Now If you like this episode from Mugdha Variyar, check out her other interesting episodes on Will ONDC eat Swiggy, Zomato's lunch?, Angel Tax, The Demon that haunts startups, Saving Face On Social Media: The New Era of Brand Protection, and More! You can follow our host Mugdha Variyar on her social media: Twitter and LinkedIn  Catch the latest episode of ‘The Morning Brief' on ET Play, The Economic Times Online, Spotify, Apple Podcasts, JioSaavn, Amazon Music and Google Podcasts.See omnystudio.com/listener for privacy information.

Tata Consultancy Services rose 12 positions from last year to rank number 46 on Kantar BrandZ's annual list of global brands. Rival Infosys debuted on the list, joining the top 100, ranking at number 64 on the widely followed ranking of the world's biggest brands every year. Accenture improved its ranking by one spot to place at number 26. Microsoft, Zara and IBM, however, lead the list on a new sustainability index that Kantar has started this year. Notes: Tata Consultancy Services rose 12 positions from last year to rank number 46 on Kantar BrandZ's annual list of global brands. Rival Infosys debuted on the list, joining the top 100, ranking at number 64 on the widely followed ranking of the world's biggest brands every year. Accenture improved its ranking by one spot to place at number 26. Microsoft, Zara and IBM, however, lead the list on a new sustainability index that Kantar has started this year. This year, the number of Indian brands in the Global Top 100 rose to four: Tata Consultancy Services, HDFC Bank, Infosys, and LIC. That's more than the amount that Japan, Italy, and the UK placed — combined, Kantar said in its report. Formerly a challenger brand, TCS now isn't far from Accenture by market value, the report notes. TCS and Infosys also made it to the top 20 brands under the business solutions and technology providers category, while IBM and Accenture continue to rank higher on this list as well. Microsoft, Zara and IBM lead the way in the new Kantar Sustainability BrandZ Index, which shows sustainability accounts for 3 percent of brand equity and is expected to rise. Consumer sustainability perception rose significantly in recent years, with Chinese consumers ranking second, next only to the Americas, according to Kantar. Wipro, India's fourth-biggest IT services company, and Eros Investments, a portfolio of media and entertainment businesses, have signed an alliance agreement to develop an artificial intelligence and machine learning-based content localisation solution. It will automate the time-consuming manual content localisation process of subtitling and dubbing with near human-level accuracy, delivering cost and time savings for global media organisations, post-production, and direct-to-consumer over-the-top streaming platforms, the companies said in a press release. Ecozen has raised Rs. 54 crore of additional funding as part of its Rs. 200 crore Series C round. The new funding round was led by Dare Ventures, the venture capital arm of Coromandel International, with participation from existing investors Caspian and Hivos-Triodos Fonds. Northern Arc, UC Inclusive Credit, Maanaveeya, and Samunnati also participated with debt funding. Early investors in Ecozen include IFA and Omnivore. Ecozen makes motor controls, IoT devices, and energy storage devices for agriculture, irrigation and cold chains. Headquartered in Pune, Ecozen was founded on-campus by three IIT Kharagpur alumni, Devendra Gupta, Prateek Singhal and Vivek Pandey. Fanbuff Technology India, better known as FanClash, a two-year-old Indian fantasy esports startup, has raised $40 million in series B funding from investors including Alpha Wave Global, Sequoia Capital India, Info Edge and Polygon, TechCrunch reports, citing the company's founder and CEO Richa Singh. FanClash previously raised $10.5 million, including a $10 million Series A round. Theme music courtesy Free Music & Sounds: https://soundcloud.com/freemusicandsounds

This week in Indian startup news, Karnataka HC quashes FIR against Dream11 founders, Navi Technologies expected to file for IPO, Meesho expected to file for IPO by early 2023 and Info Edge acquires 76% stake in dating app Aisle. In funding news, CredAvenue raises $137 million to become a unicorn, Money View raises $75 million, Jiffy.ai raises $53 million and Captain Fresh raises $50 million. Karnataka HC quashes FIR against Dream11 founders: Karnataka High Court has finally quashed the FIR that was filed against Dream11 founders Bhavit Sheth and Harsh Jain last year. Last month, the Karnataka High Court had struck down the amendments in the Karnataka Police Act 1963 - which banned all kinds of real money-based online gaming platforms. Now that there was no law prohibiting Dream11 from operating in the state, the FIR seems pointless and the Karnataka High Court has quashed the FIR against their co-founders. Navi Technologies expected to file for IPO: According to media reports, it looks like Sachin Bansal's second venture Navi Technologies is gearing up to file for an IPO as soon as this week. A good sign for potential investors is the fact that Navi will only be issuing fresh shares for the IPO - which means none of the investors will be selling their stake in the company. Meesho expected to file for IPO by early 2023: Indian social commerce unicorn Meesho is also looking to go public by early 2023 and right now they are still looking at both Indian and US exchanges for a listing. Meesho was last valued at $4.9 billion and they've already raised $1.1 billion from their investors. Info Edge acquires 76% stake in dating app Aisle: Info Edge has acquired a 76% stake in an online dating platform Aisle. With this acquisition, Info Edge wants to strengthen its position in the Indian matchmaking space - they already have Jeevansathi.com geared towards marriage, now Aisle could help them enter India's rapidly growing online dating market as well. CredAvenue raises $137 million to become a unicorn: CredAvenue, an online debt marketplace for startups and businesses to secure debt from banks and NBFCs, has raised $137 million in a round led by Insight Partners, B Capital Group and Dragoneer at a $1.3 billion valuation – making them India's 11th unicorn of 2022. Money View raises $75 million: Money View, which offers personal loans and BNPL options to its users, has raised $75 million at a $626 million valuation to grow and scale its core credit business and also to expand its product portfolio by adding digital bank accounts, insurance and wealth management products. Jiffy.ai raises $53 million: B2B automation platform Jiffy.ai has raised $53 million in a round led by Eight Roads Ventures to scale their sales and marketing efforts and strengthen their AI-enabled no-code automation platform HyperApps. Captain Fresh raises $50 million: B2B seafood marketplace Captain Fresh has raised $50 million in a round led by Prosus Ventures and Tiger Global at a $500 million valuation to scale their international business.

Harsh Jain, Co-Founder & CEO Dream Sports chats with Amit Somani, Managing Partner Prime Venture Partners.Harsh Jain is the CEO and Co-Founder of Dream Sports, India's leading sports technology company, with over 140 million users across brands such as Dream11, FanCode, Dream Capital, DreamSetGo, DreamPay and Dream Sports Foundation in its portfolio. He founded Dream11 in 2008, along with co-founder Bhavit Sheth, and led it to become the world's largest fantasy sports platform. Listen to the podcast to learn about02:30 - Dream & Desire to Solve a Personal Problem08:30 - Raising Money: Analysing Rejections & Building Relationships14:00 - Importance of Large TAM for B2C Hypergrowth opportunities24:00 - Tier 2,3 Consumers: Think Sachets Not Bottles28:00 - Web3, Play to Earn & Sports NFTs31:30 - Make Yourself Redundant & Keep EvolvingClick here to read the full transcriptWant to listen to another expert of the startup ecosystem talk about competition and trends? Listen to the MD and CEO of Info Edge, Hitesh Oberoi, who shares everything about his experience in building Naukri to funding Zomato and their IPOs. Hitesh also talked about the evolving Internet landscape in India, resisting global competition as a startup, how Info Edge makes investment decisions, the nuances that matter while investing in a startup, dealing with the scarcity of talent while hiring, and more. Enjoyed the podcast? Please consider leaving a review on Apple Podcasts and subscribe wherever you are listening to this.Follow Prime Venture Partners:Twitter: https://twitter.com/Primevp_inLinkedIn: https://www.linkedin.com/company/primevp/ This podcast is for you. Do let us know what you like about the podcast, what you don't like, the guests you'd like to have on the podcast and the topics you'd like us to cover in future episodes. Please share your feedback here: https://primevp.in/podcastfeedback

This episode is truly a special one!The one where you'll deep dive into the brain of a man with the Midas touch, founder of one of India's oldest internet companies, Info Edge, that has produced numerous unicorns.In this episode, Vani speaks with Sanjeev Bikhchandani, the original giant of the Indian internet start-up ecosystem, where he shares golden insights on what it takes to build and scale a venture and what can make it a worthy investment.

In this video, we continue with Deepinder Goyal's journey of building Zomato – not the Zomato we all know today but this is the story of Zomato's origins. Before it was even called Zomato, it's the story of Foodlet and Foodiebay. How Deepinder Goyal met his co-founder Pankaj Chaddah: At Bain & Company, Deepinder used to play foosball with this guy at lunch breaks who would keep beating him again and again. This guy was Pankaj Chaddah. During their lunch break, Pankaj happened to look at Foodiebay's analytics and realised that Deepinder was struggling to attract traffic to his website. As Deepinder kept looking, the number of users suddenly tripped from 3 to 10 users. He noticed that Pankaj had changed his Google Talk status to ‘go check out foodiebay.com' – which helped people in discovering Foodiebay. This was the moment Deepinder realised that he really needed a co-founder to help him scale this startup idea and on 10th July 2008 Pankaj joined Foodiebay as Deepinder's co-founder. Competition and Foodiebay's growth: By 2008, Foodiebay was starting to see a lot of competition from food websites like Hungry Bangalore, Burrp, Tasty Khana, Plan for Me, BiteQuest and A Place To Dine. This competition also helped Foodiebay to be a part of the competition story in the online food space that got Foodiebay the media attention that they desperately needed. By the end of 2008, Foodiebay had grown significantly - more than 1,400 restaurants had uploaded their menus on their website and that was just in the Delhi-NCR region alone. Over the next few years, Foodiebay started to expand to cities like Mumbai and Kolkata – while also adding new features like restaurant ratings and reviews and personalised recommendations. They had managed to do all this – while still working at Bain & Company. Foodiebay was still just a side hustle for them. Deepinder and Pankaj quit Bain & Company to focus on Foodiebay: Once Foodiebay was making more money than the two co-founders were making from their job at Bain and Company, they decided it was time for them to shift their complete focus on Foodiebay. That was the only way they could grow Foodiebay and take it to the next level. So, in 2009, both Deepinder and Pankaj quit their jobs and became full-time entrepreneurs. Foodiebay almost didn't get investment from Info Edge: Now, Deepinder and Pankaj want to grow and scale Foodiebay as fast as they could. But to do that, they would need money – more money than what they were making from Foodiebay. Even when Deepinder was actively looking to invest, he had received an email from someone at Naurki.com but thinking that it was just another sales email, he ignored it. Eventually, he did open that email and he was shocked to realise that he had ignored an email from the founder of Naukri.com/Info Edge himself – he was Sanjeev Bikhchandani. He was surprised to see that Sanjeev was in fact a user of Foodiebay. So, Deepinder decided to set up a meeting with Sanjeev and within 72 hours of that meeting, Info Edge had invested $1 million into Foodiebay. How Foodiebay became Zomato: In one of their early conversations with Sanjeev Bikhchandani, Sanjeev asked them why they had chosen the name Foodiebay. Sanjeev even raised some objections about the name – first, adding ‘Food' in the name made their business a lot restrictive and then the big one was ‘ebay' – this could turn out to be a legal issue if global e-commerce website Ebay noticed Foodiebay. So, Sanjeev urged them to come up with a different name. That's when they decided to used the word ‘Tomato' to come up with ‘Zomato'. And just like that – Foodiebay became the food delivery giant that we all know today – Zomato.

2021 has been the year of startups - record venture capital inflows, new unicorns, mega listings and consolidations. Will the party continue in 2022? Host Arijit Barman seeks answers from Ravishankar GV, managing director at Sequoia Capital and internet billionaire Sanjeev Bikhchandani, the founder of Info Edge. Credits: YourStory, CNBC-TV18, ET Now

Google's parent Alphabet reported strong results for its fiscal third quarter that ended September 30, with better-than-expected ad sales at Google. The company reported revenues for the quarter rose 15 percent in constant currency terms year-on-year to $65.1 billion. Profits rose 68 percent to nearly $19 billion. Google Cloud saw revenues rise to almost $5 billion from $3.45 billion a year ago, with operating losses halving to $640 million. Zolve, a digital bank, has raised Rs. 300 crore ($40 million) in Series A funding. The round was led by partners of DST Global, who have previously led rounds in prominent fintech companies such as Robinhood, Nubank, Chime, Revolut, and Wealthsimple. The round also saw participation from Tiger Global, Alkeon Capital, as well as existing investors Accel and Lightspeed Venture Partners. The 10-month old startup will use the money to scale up its services, including offering banking services to Indians going to the US. The investment values the startup by Raghunandan G, co-founder of ride-hailing service TaxiForSure, at Rs. 1,575 crore or about $210 million, according to the release. DeHaat, an agri-tech company in Gurugram, near Delhi, has raised $115 million in Series D funding to expand its operations, Shashank Kumar, co-founder and CEO, tweeted. DeHaat sees itself as a ‘full-stack' agri platform, meaning it aims to help farmers with everything from farm inputs and finance to scientific information and advice to selling their produce. This investment, co-led by Sofina and Lightrock, is the largest funding round for an agritech startup in India, according to TechCrunch. Temasek and existing investors Prosus Ventures, RTP Global, Sequoia Capital India and FMO also participated in the new round, which brings DeHaat's total funding to $161 million. In more agri-startup news, Gramophone, which also offers services similar to DeHaat, has raised $10 million in Series B funding led by Z3Partners. Gramophone will use the money to expand its operations, including acquiring other ventures, the company said in a press release on Tuesday. Existing investors Info Edge, Asha Impact, and Siana Capital also joined the funding. Dhruva Space, a space tech startup in Hyderabad, has raised Rs. 22 crores (about $3 million) led by IAN Fund and Blue Ashva Capital, as it gears up to launch satellite-as-a-service, space-grade solar arrays and ground station solutions, in India and abroad. The company made the announcement in a press release on Tuesday. With operations in Hyderabad and Austria, Dhruva is already executing orders worth several millions of dollars and expects to add customers in the US and West Asia. (3:40) Interview: Sangeeta Bavi, director of startup ecosystem, Microsoft India on the AI Innovate programme. Sangeeta Bavi spends a lot of time talking to startup founders every day. The director of Microsoft India's startup ecosystem unit started out as a developer herself and is active in multiple networks, including SaaS BOOMi. In conversation with Forbes India, Sangeeta tells us about AI Innovate, a new programme at Microsoft India, focused on helping startups take advantage of Microsoft's AI technologies.

In the third episode of Dare Do Speak, the guest is Sanjeev Bikhchandani, Founder, Info Edge. One of the first internet entrepreneurs from India, in 1997, Sanjeev launched India's leading job portal Naukri.com. A little under a decade from there on, in 2006, Info Edge (Naukri.com parent) went for an IPO, becoming one of the first internet companies to go public. Sanjeev is an investor in several startups and placed early bets on the likes of Zomato and PolicyBazaar. Recently as Zomato went public, Sanjeev's 11-year-old investment in the company yielded over 1,000x return. InfoEdge owns companies like job portal naukri.com, 99acres.com in real estate, Jeevansathi.com in matrimony, and Shiksha.com in education. Sanjeev is also co-founder of Ashoka University and was awarded the Padma Shri in 2020. In a chat with Diksha Dutta, he speaks about why Naukri is still leading the job portal market in India; the importance of customer insights; making smart investments in startups; and why Zomato's IPO is just the beginning of the next rising wave of Indian startups.

Info Edge (India) hit a record high of Rs 6,776 and rallied almost 40% during this year (from January 1, 2021). Here are some key positives of Info Edge (India) looking ahead, which will drive the stock to the new highs in coming months.

Info Edge has been one of the hottest stocks in the market of late. So we thought we could see why people seem to be betting so heavily on this old internet company.

The consolidation theme played out on the benchmark indices for the second day on Wednesday as both Sensex and Nifty declined marginally amid profit-taking in IT and auto names and a cautious global market setup. That said, the quantum of losses remained low with investors lapping up beaten-down private bank stocks. Overall, strong buying in the broader indices kept the market breadth positive. The BSE Midcap and BSE Smallcap indices rose after a one-day hiatus, with the former hitting a new high in intra-day deals. It closed 0.81 per cent higher while the smallcap index gained 0.55 per cent. At the benchmark level, the flagship Sensex shed 29 points to end at 58,250. In the 30-pack index, 15 stocks closed in the green and 15 in the red. Kotak Bank, Titan, NTPC and Sun Pharma were the top gainers, up between 1-3 per cent. On the other hand, Nestle India, Maruti Suzuki, Bajaj Finance and Bajaj Auto were the biggest losers. In the sectoral space on NSE, Nifty IT, Media and Auto declined the most. Bank and financial-oriented sectors along with Nifty Metal gained. Stocks from the textile and telecom sectors were in focus in today's session amid a Union Cabinet meeting. The cabinet approved a Rs 10,683 crore PLI scheme for the textile sector. PLI scheme for textiles is part of the overall announcement of the scheme for 13 sectors made earlier during the Union Budget 2021-22, with an outlay of Rs 1.97 lakh crore. Incentives worth Rs 10,683 crore will be provided over 5 years. This gave a leg-up to the textile stocks, with some rising as much as 12 per cent. On the other hand, the rally in telecom stocks amid hopes that the government will announce a relief package for the sector fizzled out as a Reuters report said the Union cabinet did not take up the said proposal. The cabinet was widely expected to take a decision on a so-called relief package for the telecoms industry, which would have helped all wireless carriers but especially the embattled Vodafone Idea. Following this, the stock slipped 15 per cent from day's high to end 3 per cent down at Rs 8 per share. Bharti Airtel also came off all-time high levels to end in the red. Among other stocks, shares of APL Apollo Tubes were in demand as they rose 5 per cent to Rs 1845 ahead of the 1:1 bonus share issue. They touched a new high of Rs 1875 in trade today. Info Edge rallied 9 per cent to end at Rs 6720, after touching an all-time high of Rs 6748, amid hopes of a strong growth outlook and likely windfall from policybazaar.com IPO. The company holds a 14 per cent stake in the company that has recently filed DRHP with Sebi. Meanwhile, in other news, equity mutual funds attracted a little over Rs 8,666 crore in August, making it the sixth consecutive monthly net inflow, on staggering investment in flexi-cap category. In comparison, such funds witnessed a net inflow on Rs 22,583 crore in July on huge investments in flexi-cap category, data from the Association of Mutual Funds in India showed. Now, going into trade on Thursday, we can expect the volatility to continue amid the weekly F&O expiry. Besides, Street will react to a host of global developments like the inflation print in China and ECB's decision setting meeting. Lastly, stock-specific triggers will continue to determine market moves.

Strong action in the broader markets overshadowed the performance of the benchmark indices as the BSE Midcap and BSE Smallcap indices gained over 1.5% each. The midcap pack closed 1.52% up and smallcap 1.69%. Following this, the market breadth also turned positive, with the advance-decline ratio at 2:1.   Meanwhile, flagship Sensex and Nifty made steady ascend on Tuesday, pushing Sensex past 56,000 in intra-day and Nifty above 16,600. Thanks to strong gains in Bajaj twins, private lenders HDFC Bank and ICICI Bank along with index heavyweight Reliance Industries, Sensex closed the day with a gain of 403 points or 0.73% at 55,959. Meanwhile, the Nifty50 pack closed the day at 16,625, up 128 points or 0.78%. Bajaj Finserv was the best performing stock in the 30-pack Sensex. The stock rallied 8.65% to hit a new high of Rs 16,590.15 after the company said it has received in-principle approval from the Securities and Exchange Board of India for sponsoring a mutual fund. The stock eventually closed 8 per cent up. The spillover impact of this was also visible on Bajaj Finance that too hit a fresh peak of Rs 7,046.80 and was among top Sensex gainers. The stock closed 3% higher at Rs 6,979. Tech Mahindra, Tata Steel, HDFC Bank and SBI were among other top gainers, up between 2-3%. On the flip side, Nestle India, HDFC, Infosys and HCL Tech were the top losers, down 1% each. Sectorally, defensive sectors like FMCG and IT witnessed profit-taking after a strong rally over the past few sessions. Nifty Metal, meanwhile, emerged the best performer, with a gain of nearly 3%. It was trailed by Nifty Media and PSU Bank indices that added 2% each. In stock-specific moves, both the companies that debuted on bourses put up a tepid show. The shares of Aptus Value closed at Rs 346.50 per share, down 2% to its issue price of Rs 353. The stock had listed at Rs 329.95, a discount of 7%. Chemplast Sanmar, meanwhile, opened at a 3% discount to the issue price of Rs 541 at Rs 525. It later gained some ground and ended only a 1% discount at Rs 534.90 on BSE. That apart, shares of Info Edge rallied 5 per cent to Rs 5766 after JP Morgan initiated coverage on the stock with a target price of Rs 6,600 per share. And shares of Wonderla Holidays jumped 4 per cent to settle at Rs 237.05 after the firm informed exchanges that Wonderla Kochi is set to reopen from September 1, 2021. Lastly, an update on the global market. A rally in European stocks ran out of steam and US index futures pared gains as investors await insights on the Federal Reserve's policy path amid lingering concerns about the threat of Covid-19 to the global economy. The Stoxx Europe 600 index erased an advance as the strong rebound in Chinese technology shares failed to carry through to Europe. Futures on the S&P 500 rose 0.2% and Futures on the Nasdaq 100 rose 0.3%, indicating a positive Wall Street start.

Hitesh Oberoi, CoPromoter MD and CEO  Info Edge  chats with Amit Somani Managing Partner Prime Venture Partners.Listen to the podcast to learn about:00:50 – How the Internet landscape has evolved in India08:45 – Fending off large global competition from Monster, Indeed and LinkedIn14:00 – Learning from Info Edge's other investments21:00 – Specific things to look for while making investment decisions24:51 – Trends in the startup world27:38 – How to deal with the scarcity of talent39:08 – Hitesh's advice to Hitesh of 20 years agoYou can read the complete transcript hereEnjoyed the podcast? Please consider leaving a review on Apple Podcasts and subscribe wherever you are listening to this.Follow Prime Venture Partners:Twitter: https://twitter.com/Primevp_inLinkedIn: https://www.linkedin.com/company/primevp/ This podcast is for you. Do let us know what you like about the podcast, what you don't like, the guests you'd like to have on the podcast and the topics you'd like us to cover in future episodes. Please share your feedback here: https://primevp.in/podcastfeedback

To settle in their lives, people want to achieve four major goals: education, job, home, and a life partner. Info Edge, one of the oldest Indian internet firms, helps its users in achieving all the above goals. Recruitment solutions, real estate business, matrimony services, and education-related portals are the major areas where Info Edge is active. The firm has also become a known investment partner in the Indian startup ecosystem. Let's have a quick look at Info Edge's journey

One business idea can transform your lifestyle and bring out the entrepreneur in you. But if you were born into a middle-class, Indian family, you will need much more than just an idea to become an entrepreneur. In today's episode of Inside India, Ben Hayward brings to you the story of one of India's internet pioneers, Sanjeev Bikhchandani, Founder and Executive Vice Chairman of Info Edge. Sanjeev now owns a portfolio of companies including India's largest job portal Naukri.com, Matrimony website Jeevansathi.com, real estate classifieds platform 99acres.com, and educational website Shiksha.com. What started as a small idea back in 1997, when he observed colleagues trawling through the office copy of Business India for job ads, Sanjeev has an uncanny ability to observe customer needs and turn unsolved problems into powerful business ideas. He has an in-depth understanding of the Indian consumer and their ever-growing thirst for doing things online, be it ordering a pizza or finding your house or even your spouse. Join us as we have a conversation with one of India's most successful entrepreneurs and learn what it takes to build an internet business in Asia's fastest growing digital economy.

In this Episode, I (@Jivraj Singh Sachar) speak with Mr. Sanjeev Bikhchandani, Founder & Vice Chairman of Info Edge. Mr. Sanjeev Bikchandani, is one of the legends of India's Startup Ecosystem. A man way ahead of his time, he sparked the fire of leveraging technology to build companies which would simplify the lives of millions of Indians. From Naukri.com to jeevansathi.com to 99acres.com and to Shiksha.com and more, Mr. Sanjeev built it all, scaled it and took them public with Info Edge. Through this Episode we discuss the following: 1. (02:48) : What are Deep Consumer Insights & How can Founders develop them? 2. (07:50) : Taking the Road Less Traveled ~ Choosing to become an Entrepreneur 3. (15:22) : When should One become a Founder? 4. (17:12) : The secret to becoming a Magnet for Talent! ~ Mastering the Art of Becoming a People's Person 5. (24:23) : Understanding Leadership for Founders ~ Navigating Scale as a first time Founder 6. (27:19) : How does Capital Utilisation & Efficiency work? 7. (30:00) : How does the Conundrum of Advice for Founders work? 8. (33:50) : What is the real meaning of success for a Founder? 9. (35:52) : A day in Mr. Sanjeev's life! 10. (38:30) : What is the Role of Evangelism in the Entrepreneurship Journey? 11. (40:28) : Parting thoughts & learnings from the phenomenal experiences of Mr. Sanjeev 12. (42:52) : Conclusion Here is the 51st Episode of the Indian Silicon Valley Podcast - Deep Consumer Insights! That was it from this Episode, thanks again for tuning in! :) We're available on Instagram & Twitter. Feel free to drop in your feedback! Do not forget to Subscribe to our WhatsApp Newsletter. Do share the Episode with your friends if you liked the content :) I, Jivraj, am reachable on LinkedIn & Twitter! "If you never try, you never know" Stay Tuned, Keep Building.

The Nifty50 continued to trade lower on the daily chart for the third straight day after forming a Bearish Engulfing candlestick pattern on 28th June. It can be observed on the daily chart that the index is forming a smaller degree Rounding Top formation, and it can also be called as distribution phase as prices are moving lower. From the last six trading sessions, the benchmark index is trading in a very narrow range of almost two hundred points without giving any direction bias. But, prices have still managed to close above their 21-day exponential moving average on the daily interval. If we closely observe the PARABOLIC SAR indicator from the last couple of months one can find that whenever the price has declined near the SAR indicator we have seen a strong buying in the index and currently the indicator is placed near 15527 levels on the daily chart. Bank Nifty is underperforming the benchmark index from the last couple of trading sessions and trading in a lower low formation in the intraday chart (30 mins). The banking index on the daily chart is trading above its 50 EMA which is placed at 34400 levels while resistance is placed near 35600 levels. The Nifty50 index is holding the key support zone, but the chart pattern suggests that there might be some action expected in the index if the price remains above the support zone. If the index breaks the crucial resistance zone of 15920-16000 levels in the coming trading sessions then buying will resume again. Support for the index is placed near 15500 levels which are clubbed with a SAR indicator.

Bulls made a strong comeback in the Indian market as the equity benchmark Sensex hit its all-time high of 53,057 on June 22 while Nifty remained just short of retesting its record high. Banking counters witnessed sluggish moves while the auto sector gave some momentum to the market. On the technical front, Bank Nifty is facing a strong hurdle in the zone of 35,200-35,500. We expect the banking sector to gather some momentum in the upcoming sessions. The market is likely to remain in the bullish territory as long as Nifty is holding above 15,500. We can expect some volatility this week as we are heading towards the end of June series futures and options expiry. Traders need to keep a strong gauge on rollover data to the July series for further cues. Technically, the level of 16,000 would act as a key psychological level for Nifty, above which, we could witness the next round of buying momentum which could take the market towards 16,250.

After a volatile last week, investors can expect much the same going into the trade this week due to scheduled derivatives expiry of June month contracts. Meanwhile, with no major domestic macroeconomic data lined up this week, investors will closely eye global markets for cues. Besides, the progress of monsoon, Covid-related updates and RIL AGM will also be in focus. Analysts suggest that traders should be cautious and adopt a stock-specific approach as markets get volatile. On the other hand, long term investors can take advantage of this volatility and adopt a 'buy-on-dips' strategy. As Covid cases continue to recede and states re-open, doctors opined to not let the guard down and warned the third wave of the pandemic could be upon the country in the next 6-8 weeks. India's fresh Covid cases have stayed below 1 lakh for the last 14 days while on Sunday, the country reported 58,419 fresh cases, the lowest in 81 days. Going forward, the pace of infections and vaccination will sway the market trajectory. Meanwhile, on the earnings front, over 100 companies are slated to post their March quarter numbers this week, including ONGC, Oil India, NMDC, Ashok Leyland, Info Edge, Sobha and Apollo Hospitals. With the Q4 earnings season coming to a close, the focus will soon turn to next quarter earnings. That said, one of the biggest event for markets of the year -- Reliance Industries' AGM -- is slated for Thursday and will be closely tracked by investors. The AGM could provide details on a possible Budget phone launch by Jio in association with Google, progress on 5G technology and update on a deal with Aramco. Most analysts have maintained bullish bets on RIL ahead of AGM. The action in the primary market will continue as IPO by India Pesticides will open for subscription on Wednesday. The Rs 800 crore IPO is priced in the band of Rs 290-296 per equity share. Furthermore, two IPOs that closed for subscription last Wednesday are slated to make their debut on the bourses this week. Sona BLW Precision Forgings (Sona Comstar) and Shyam Metalics & Energy are expected to list on exchanges on June 24. Lastly, the rupee's trajectory, FPI flow and oil prices can further sway market sentiments. And now, let's take a look at the trade setup for today. As the global market mood soured, investors back home also braced for a sharp correction today. SGX Nifty was ruling 190 points lower at 15,559 around 7.35 am, indicating a gap-down start for the benchmark indices. Globally, stocks dropped as investors mulled the implications of a surprise hawkish shift last week by the U.S. Federal Reserve. Japan's Topix index shed 2.5%, Australia's S&P/ASX 200 Index dropped 1.8%, South Korea's Kospi index fell 0.9% and Hong Kong's Hang Seng Index declined 1.2%. S&P 500 and Nasdaq futures traded 0.3% and 0.1% lower, respectively. A look at the stock-specific triggers that are likely to guide the market today. Oil India, Info Edge, Bharat Dynamics, TCNS Clothing, and VST Tillers Tractors are among 70 companies slated to post their quarterly numbers today. Saudi Aramco chairman and Governor of the Kingdom's wealth fund Public Investment Fund, Yasir Al-Rumayyan, may be inducted on the board of Reliance Industries a precursor to a USD 15 billion deal, reports said. In a rare regulatory move, Sebi has restrained PNB Housing Finance from going ahead with shareholders' voting on the proposed Rs 4,000 crore-deal with Carlyle group and directed the company to carry out the valuation process as per the relevant legal provisions. NTPC posted nearly three-fold jump in consolidated net profit to Rs 4,649.49 crore for March quarter 2020-21 on the back of higher revenues. The consolidated net profit of the company in the year-ago period was Rs 1,629.86 crore. UCO Bank said its board will meet next week to consider raising up to Rs 500 crore as tier-II capital.

UK's cybersecurity trainer Immersive Labs, which helps enterprises increase their human capabilities in cybersecurity, has netted $75M in Series C. The proceeds would be used to scale its presence in the US and for increasing its headcount, as per reports.Global VC firm SOSV has closed its special fund, which it calls a growth-stage fund to invest in startups in their Series B and beyond stages. Using these funds, it aspires to invest up to $5M in about 20-30 startups. Also, it aims to deploy its SOSV IV select fund, which was oversubscribed in 2019, for deep-tech startups.Info Edge India has announced that it has acquired Zwayam Digital, a recruitment management SaaS platform, for Rs 61 crore. Info Edge India operates companies like Naukri.com, Jeevansathi.com, and 99acres.com. Zwayam, through the acquisition, hopes to make the most of the ecosystem, expertise, and resources that Info Edge has to offer. According to the press release, Zwayam will have its own independent identity.   

Aakriti is the Co-founder and COO at Wizikey, a SaaS-based, data-driven communications suite for PR for startups. Prior to Co-founding Wizikey, she founded Boring Brands, a branding agency. In her early career she has held positions at Info Edge, Naukri.com and the like. In this interview Roshan and Aakriti talk about PR and branding for startups and more: Highlights Turning service into product Founding a startup: 2009 v/s 2018 Data Driven PR Why startups should prioritise PR early Steps to invest in PR How can founders amplify Brand statement Aligning priorities across different teams Democratizing reach for brands Building for bharat Nuances of being a COO Opportunities in the Indian SaaS ecosystem Pivoting from an agency to a product company Connect with Aakriti: Linkedin: https://www.linkedin.com/in/aakritibhargava/ Twitter: https://twitter.com/aakriti Connect with us: Linkedin: https://www.linkedin.com/company/startup-operator ​Twitter: https://twitter.com/OperatorStartup​​ ​ If you liked this conversation, let us know by hitting the like button and share with your friends and family. Please also remember to subscribe to our channel and switch on the notifications to never miss an episode! --- Send in a voice message: https://anchor.fm/startup-operator/message

This week in Indian Startup News, Ola to set up the world's largest two-wheeler EV charging network, Tvasta builds India's first 3D printed house, Zomato files for IPO, Indian startups fight against COVID19, CCI approves BigBasket-Tata deal, Lenskart acquihires DailyJoy and Instamojo acquihires Showman. In funding news, OneWeb raises $550 million, Urban Company raises $190 million, upGrad raises $120 million, Stanza Living raises over $100 million, ElasticRun raises $75 million, Bizongo raises $51 million and LEAD School raises $30 million. Ola to set up world's largest two-wheeler EV charging network: Ola is setting up the world's largest two-wheeler EV charging network – Hypercharger Network. Their Hypercharger Network will consist of 100,000 charging points across 400 cities – expected to be completed in the next five years at an estimated cost of $2 billion. You will only be able to charge Ola's electric scooters at their hypercharger network and they will be able to charge the electric scooters up to 50% in just 18minutes – giving a range of 75 km. Tvasta builds India's first 3D printed house: Tvasta, a startup by three IIT Madras alumni, has built India's first 3D printed house. This is a 1 BHK house with a built-up area of 600 square feet. It demonstrates the ability of 3D printing in bringing down the time of building houses from 4-5 months to just 5 days but also reducing the cost by 20-30%. Zomato files for IPO: Indian food delivery startup Zomato has filed for the IPO – on track to becoming the first Indian unicorn to go for IPO. Through the IPO, Zomato will be raising $1.1 billion - $1 billion in fresh offering and $100 million coming from Info Edge selling their shares. Indian startups fight against COVID19: A bunch of Indian startups are working to fight the second wave of COVID19 – Delhivery is flying chargers to bring Oxygen concentrators into India, dating app TrulyMadly is using their matchmaking algorithm to match plasma donors with patients, NoBroker is organizing doorstep vaccination drives and MapmyIndia is installing free GPS devices in vehicles that are suppling essential medical equipment. CCI approves BigBasket-Tata deal: CCI has approved the acquisition of BigBasket by Tata Digital – as Tata looks to build their own Super App. Lenskart acquihires DailyJoy: Lenskart has acquihired Hyderabad-based grocery delivery startup DailyJoy to strengthen their Hyderabad tech centre. Instamojo acquihires Showman: Instamojo has acquihired vernacular content startup Showman to strengthen its tech and product capabilities. OneWeb raises $550 million: Satellite internet company OneWeb has raised $550 million from Eutelsat Communications after launching 36 more satellites into space. The company now has 182 out of 648 satellites in space for their constellation. Urban Company raises $190 million: On-demand home services provider Urban Company has raised $190 million at a $2 billion valuation – making it India's 11th unicorn this year. upGrad raises $120 million: Edtech startup upGrad has raised $120 million from Singapore's Temasek in their first external funding round. Stanza Living raises over $100 million: Student housing startup Stanza Living has raised more than $100 million in a round led by Falcon Edge. ElasticRun raises $75 million: ElstaicRun has raised $75 million in a round led by Avataar Ventures and Prosus Ventures to help neighbourhood stores in securing working capital and inventory. Bizongo raises $51 million: B2B platform for packaging products Bizongo has raised $51 million in their Series C round to expand into the Southeast Asian markets. LEAD School raises $30 million: Edtech startup LEAD School has raised $30 million in a round led by GSV Ventures and WestBridge Capital.

Gains in banking and auto counters following superior Q4 results and vaccine optimism buoyed domestic global markets for the third day in a row on Wednesday ahead of the US Fed policy outcome later today. The BSE flagship index Sensex ignored a weak set of global cues and risks arising from Covid-19's second wave to surge 790 points to 49,734. ICICI Bank, HDFC twins, Bajaj Finance, Kotak Bank and SBI were the key index contributors. Meanwhile, NSE Nifty settled the day at 14,865, up 212 points with 35 constituents in the green and 15 in the red. In the 30-pack Sensex, Bajaj Finance emerged the best performer as it rose 8.3% to Rs 5,279 following a 42% jump in consolidated net profit at Rs 1,347 crore during the fourth quarter of FY21. It was trailed by IndusInd Bank, Bajaj Finserv, ICICI Bank and Kotak Bank that gained in the range of 3-5%. On the flip side, Nestle India, HCL Tech, L&T, TCS and DRL were among the top losers. The broader markets also settled in the green although underperformed the benchmark. Nifty Midcap 100 index added 1.11% while the Nifty Smallcap 100 index gained 0.64%. In the sectoral space, Nifty Realty, Nifty Pharma and Nifty Metals turned out to be the day's losers. Bank Nifty with a gain of 3.02% was the best gainer ahead of the expiry of F&O contracts. It was trailed by Nifty Private Bank, Nifty Financial Services and Nifty PSU Bank indices which gained between 2.5-3%. In stock-specific moves, shares of TVS Motor Company rallied 14.06% to settle at Rs 645.90 on the BSE after the company's Q4 numbers beat analysts' estimates. The scrip touched intra-day high of Rs 661.10, its 52-week high. Shares of Anupam Rasayan also hit a 52-week high of Rs 666 in intra-day session today after it bagged an order worth Rs 1,100 crore from a multinational life sciences firm. The scrip finally settled the day at Rs 640.10, up 1.82%. SBI jumped 2.95% after the bank's board approved raising $2 billion through a public offer or private placement. Shares of Hindustan Unilever and Bajaj Auto ended the day 1.07% and 2.76% higher, respectively, ahead of their March quarter results tomorrow. That apart, Zomato filed a Draft Red Herring Prospectus (DRHP) with the Sebi to raise Rs 8,250 crore through its Initial Public Offering (IPO). The IPO offer includes a fresh issue by the company worth Rs 7,500 crore, and an offer for sale by the selling shareholder Info Edge. Meanwhile, in other news. As the Covid pandemic continued to rage havoc in the country, many economists flagged risks from the same to India's economic recovery. For instance, S&P Global, which has a long-term credit rating of 'BBB-' on India, just one notch above junk, said it may have to revise its base-case assumption of 11% growth over fiscal 2021/2022 if wider containment measures to contain Covid are re-imposed. The rating agency believes the Covid outbreak poses downside risks to GDP and heightens the possibility of business disruptions. In a recent note, those at IHS Markit suggest that they expect the Indian economy (as measured by GDP) to grow at 9.6 per cent in FY22. Maharashtra’s lockdown, it said, represents a significant dampener on growth, as the state accounts for 16 per cent of the national GDP. Lastly, an update on the global markets. World shares cosied up close to record highs and the dollar and global bond yields nudged up on Wednesday, as traders waited to see if the U.S. Federal Reserve utters the dreaded ‘T’ word later - tapering of its mass stimulus programme. Japan's Nikkei ended 0.2 per cent up, South Korea's Kospi declined 1 per cent, and Australia's S&P/ASX200 index gained 0.44 per cent. European stocks were little changed amid a busy earnings-reporting day. The Stoxx Europe 600 Index was flat. Futures on the S&P 500 Index advanced 0.1%, indicating a flat-to-positive start for Wall Street later in the day.

Stock-specific action following the Q4 earnings announcement by top Indian companies along with global cues and Covid-19 related developments are likely to guide the market action in Wednesday's session. At 7.40 am, SGX Nifty was ruling 23 points higher at 14,682, indicating a positive start for the benchmark indices. Some caution ahead of the US Fed policy outcome, however, cannot be ruled out.   Meanwhile, India in the last 24 hours reported 3,62,770 fresh Covid cases, with deaths over 3,000 - both being the highest so far. It is for the seventh straight day that India has reported over 3 lakh Covid cases. With the pandemic showing no signs of abating and strict restrictions imposed by states in place to curb the pandemic, findings by brokerage Nomura that India’s business activity likely suffered its steepest weekly fall in over a year in the seven days ended April 25, might not sit well with investors. On the global market front, tepid results from Tesla and 3M weighed on Wall Street on Tuesday, with the S&P 500 and Dow ending near flat as investors focused on the wave of earnings reports from Microsoft, Alphabet and other corporate heavyweights. The Dow Jones Industrial Average rose 0.01% while the S&P 500 lost 0.02% and the Nasdaq Composite dropped 0.34%. Asian stocks were steady in early trade following a renewed rise in Treasury yields to above 1.6% and a jump in commodity prices, with investors also cautious ahead of the Federal Reserve’s policy decision. Japan’s Topix Index rose 0.2%, South Korea’s Kospi Index was down 0.9% and China’s Shanghai Composite Index was steady. That apart, OPEC, Russia and their allies agreed to stick to plans to raise output slightly from May 1, suggesting they don't see a lasting impact on demand from India's coronavirus crisis. Brent crude ended the session up 1.2% at $66.42 a barrel after climbing to a session high of $66.51. In early trade, Brent was trading 0.3% lower at $66.17. Now, a look at the stock-specific triggers that are likely to guide the market today A total of 21 companies are slated to post their March quarter results today including Bajaj Finserv, Biocon, Mastek and Bombay Dyeing & Manufacturing. Axis Bank reported a return to profit at Rs 2,677 crore in the quarter ended March 2021 due to a sharp fall in provisions. The lender had reported a standalone net loss of Rs 1,388 crore in the year-ago period. FMCG major Britannia Industries reported a 3 per cent YoY decline in consolidated net profit at Rs 360.07 crore in the fourth quarter ended March 31, impacted by rising in commodity prices. It was after 6 quarters that Britannia reported a decline in profit. Bajaj Finance's consolidated profit jumped 42 per cent YoY to Rs 1,347 crore for the fourth quarter of the fiscal ended March 2021. The company's net profit stood at Rs 948 crore in the January-March period of the preceding fiscal year 2019-20. Info Edge said it will sell stake worth Rs 750 crore in the initial public offering (IPO) of its investee company Zomato.

Selling pressure at higher levels once again dampened market sentiment as Nifty ended below 14,300 on April 20. Although pharma and auto counters tried to give some support but selling pressure in financials, IT and FMCG counters dragged the market down. On the derivatives front, Call writers were seen adding hefty open interest at 14,500, 14,600 and 14,700 strikes which should act as a major hurdle for Nifty and will cap any sharp upside. On the technical front, 14,200-14,150 will act as major support for Nifty. However, we could witness a fresh round of selling in the index if the 14,150 level is broken decisively in the upcoming sessions. Here are three buy calls for the next 2-3 weeks: Info Edge (India) | LTP: Rs 4,772 | Target price: Rs 5,625 | Stop loss: Rs 4,280 | Upside: 18% After testing a 52-week high of Rs 5,880 in January 2021, this stock slipped back sharply towards Rs 4,100 due to profit-booking at higher levels. However, it took support at its 200-day exponential moving average on the daily interval and made a V-shaped recovery to once again reclaim Rs 4,700 level. At the current juncture, the stock can be seen trading well above its short and long-term moving averages with the formation of higher highs. Additionally, the stock has formed an inverted head and shoulder pattern on the daily charts and is on the verge of a fresh breakout above the neckline of the pattern formation. The positive divergences on secondary oscillators along with price action suggest the next upswing in the prices. Traders can accumulate the stock in the range of Rs 4,760-4,780 for the upside target of Rs 5,625. Glenmark Pharmaceuticals | LTP: Rs 569 | Target price: Rs 652 | Stop loss: Rs 505 | Upside: 15% Last week, this stock gave a fresh breakout after a prolonged consolidation of nearly eight months. Prices had been seen a fluctuation in a broader range of Rs 445-545 since August 2020, sustaining well above their 200-day exponential moving average on the daily interval. Now, prices are keeping well above their 200-day exponential moving average on the weekly charts as well which points towards the strength in the stock from a medium-term perspective. On the technical front, follow-through buying has been observed in the stock after a breakout above the falling trendline of a sloping channel on short-term charts. Traders can accumulate the stock in the range of Rs 560-570 for the upside target of Rs 652. Lupin | LTP: Rs 1,088.70 | Target price: Rs 1,172 | Stop loss: Rs 1,020 | Upside: 8% This stock has been consistently moving in a broader range of Rs 980-1,100 for the last three months. At the current juncture, the stock has formed a bullish flag pattern on the weekly interval and given a breakout above the same. Positive divergences on secondary oscillators suggest that the stock is all set for a next upswing at the prices as additional volumes with a rise in prices suggest long build-up in the stock. Traders can accumulate the stock in the range of Rs 1,075-1,090 for the upside target of Rs 1,172. (The author is Senior Technical Analyst at SMC Global Securities) Disclaimer: The views and investment tips expressed by investment experts on Moneycontrol.com are their own and not that of the website or its management. Moneycontrol.com advises users to check with certified experts before taking any investment decisions.

It is rare that you come across a high school graduate who has chosen entrepreneurship as his career path.  But our guest this week, is someone who was determined to be an entrepreneur & had made this choice on completing of his 12th Boards!  How? When? & Where? - Those pieces of the puzzle he was yet to figure out.  But when you set your mind to it, there's no stopping you. And this was true for Sanjeev Bikhchandani as well.  Co-Founder of Info-Edge - India's premier online classifieds company in recruitment, matrimony, real estate, education and related services.  Naukri.com, Jeevansathi.com. 99acres.com & Shiksha.com are just a few of the big names in his portfolio.  Tune in as we get into a candid chat with Sanjeev, to know all about his journey right from his days as a junior account executive to his time at IIM Ahmedabad where he found the idea for his product.     In this episode hear Sanjeev talks about the very beginning of his journey to intensely working, learning and finally achieving his entrepreneurial dream.  Key takeaways from this episode: * Things to look for in jobs  * What businesses succeed  * How to take investment decisions