Page 2 - Infibeam Avenues

Infibeam Avenues picks up 49% stake in Ahmedabad-based Pirimid Fintech

The partnership aims to combine Infibeam's digital payments and AI-based frameworks with Pirimid Fintech's capital market trading software for its clients nationwide and globally

Infibeam Avenues posts Rs 40.9 crore profit in Q2, income rises 6.3%

The company said it aspires to emerge as a key player in the artificial intelligence (AI)-based fraud detection and prevention market

CCAvenue.ae launches mobile-based QR Code payment solution in the UAE

This is the company's first foray into the offline payment space in the UAE market

Infibeam Avenues gets RBI in-principle nod for payment aggregator licence

The RBI allowed another window to PAs existing as of March 2020 to apply to the central bank for a license

Infibeam Avenues Q4 net profit dips 11% to Rs 28 cr; revenue up 84%

For the full FY22, the profit after tax stood at Rs 84 crore, up 19 per cent over the previous fiscal

DRC Systems India lists on BSE, NSE at Rs 128.75, Rs 128.80 respectively

DRC Systems India Limited, the demerged entity of IT consultancy Infibeam Avenues, got listed on bourses on Wednesday. The shares were listed at Rs 128.75 and Rs 128.80 on BSE and NSE respectively in opening deals. In a statement, the company said it received approval from BSE and NSE for listing and trading of its equity shares with effect from Wednesday. DRC Systems offers a vast range of customized IT solution and consultancy services to clients in India and International from the embryonic stage to the high-level stage. This includes development, maintenance, testing and all related ancillary services. Pursuant to the approval of Composite 'Scheme of Arrangement' from The National Company Law Tribunal, Ahmedabad Bench through an order on November 27, 2020, Infibeam Avenues Ltd demerged its Theme Park & Event business to DRC Systems. As consideration under the provision of the 'Scheme of Arrangement'for the transfer and vesting of the Themepark & Event Software Undertaking,

Infibeam Avenues Q3 net profit up 27%; announces 1:1 bonus share issue

Infibeam Avenues on Thursday reported a 27 per cent rise in consolidated net profit at Rs 14.99 crore for the three months ended December 2020.

Infibeam Q2 net falls 35%; to invest in So Hum Bharat Digital Payments

Its consolidated income from operations dropped 8.5 per cent to Rs 153.9 crore in the quarter under review

Infibeam Avenues shares hit 5% upper circuit on pact with Jio Platforms

The company has entered into a definitive agreement with Jio Platforms and its affiliates to license, customise, maintain and access enterprise e-commerce software and payments platform.

The curious case of Infibeam vs auditor

The audit arm of EY would probably be happy if Infibeam shareholders give their stamp of approval to the proposal

Infibeam Avenues turns volatile; surges over 80% in intra-day trade

The stock has moved higher by 20% to Rs 70.55 on the BSE in intra-day, bouncing back 84% from its record low on of Rs 38.40 touched in early morning trade today.

Will look into m-cap rout, Infibeam assures shareholders in AGM

According to people who attended the AGM, shareholders, too, refrained from raising questions over how the listed company lost 70 per cent of its market value on a single day after a WhatsApp message