February 8 2015
Info Edge (India) Limited bags award for Excellence in Financial Reporting
ICAI bestowed &lsquoPlaque Shield&rsquo Award for the best accounting practices adopted by the company
New Delhi, 8 February 2015: Info Edge (India) Limited, one of the leading internet companies in India, has won the Plaque Shield by Institute of Chartered Accountants of India (ICAI) Excellence Award 2015 for &lsquoBest Financial Reporting&rsquo among the entries received under the Category IX, Service Sector (Other than financial services sector) &ndash (Turnover equal to or more than Rs.500 crore).
The Excellence Award has been conferred in recognition of the preparation of annual report and financial statements and presenting the best practices of accounting systems in the company.Mr Rajesh Khettarpal, Sr. Vice President, Head-Finance & Tax, Info Edge (India) Limited received the award, on February 08, 2015, at a ceremony held in Chennai.
Explaining the importance of transparency infinancial reporting, Mr ChintanThakkar Chief Financial Officer, Info Edge, said, "It is our great privilege to be honoured withsuch a reputed award from ICAI. This clearlydemonstrates our excellence that adheres to high standards of corporate governance. While preparing the annual report, we at Info Edge, take extra care in presenting the financial and non-financial information in the best possible way and maintain transparency with our shareholders in following the highest global standards."
About Info Edge (India) Ltd
Info Edge (India) Limited (NSE: NAUKRI) is among the leading internet companies in India. Info Edge runs leading internet businesses - Naukri.com - India&rsquos no. 1 job site, Jeevansathi.com &ndash one of the leading matrimonial portals, 99acres.com - India&rsquos No.1 real estate portal and Shiksha.com &ndash India&rsquos leading education portal. The company also owns Quadrangle &ndash an offline executive search business, and Naukri Gulf (a leading jobsite in the Middle East market).
Apart from this Info Edge has made significant strategic investments into emerging internet companies &ndash meritnation.com, policybazaar.com, mydala.com, Canvera.com, happily unmarried.com and zomato.com
Info Edge has ventured into newer businesses & markets, invested in internet start-ups. The company has attracted a very high quality list of institutional shareholders. With its headquarters in Noida (NCR), the company employs over3600 people and operates through 48 offices in 31 cities in India and overseas offices in Dubai, Riyadh, Abu Dhabi and Bahrain catering to the Middle East market
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