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Ad sales rebound boosts Meta's Q2 earnings; bumper listing for Netweb Technologies

A bounceback in the digital ads business has helped Meta Platforms beat market expectations with a double-digit rise in both revenue and profit in the second quarter. This and more in todays ETtech Top 5.

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Rahul Yadav's 4B Networks Fails To Provide Details To Info Edge, Dispute Reaches Arbitration

Info Edge subsidiary AIPL did not receive crucial information from Rahul Yadav’s 4B Networks despite initiating a forensic audit

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Allcheckdeals India Pvt Ltd to invest Rs. 10 lakhs in Interactive Visual Solutions Pvt Ltd

Allcheckdeals India Pvt Ltd to invest Rs. 10 lakhs in Interactive Visual Solutions Pvt Ltd
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Info Edge Launches Forensic Audit of Rahul Yadav's 4B Networks

Info Edge (India) Ltd, the owner of Naukri, has started a forensic audit of Broker Network (operated by 4B Networks Pvt Ltd) founded by Rahul Yadav for repeatedly failing to provide information on financial transactions and transactions with related parties, among other things. Allcheckdeals India Pvt Ltd (AIPL), a wholly-owned subsidiary of Info Edge, invested Rs276 crore in Mr Yadav s 4B Networks and provided debt financing of Rs12 crore. AIPL holds a 65% stake in Broker Network, Mr Yadav has a 32% stake, while others own the balance.

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Good Time To Invest In Startups: Sanjeev Bikhchandani

Despite the ongoing funding winter, veteran investor Sanjeev Bikhchandani believes that its is ‘actually a good time to invest’ in startups

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