The record date is a specific date set by a company to determine which shareholders are eligible to receive dividends
The key features of the app include location-first job search, which enables users to find jobs in their preferred cities
The uptick in the company's stock price came on the back of the news that the company plans to launch a new line of business in the area of jobs called 'ManyJobs'
Earlier today, Google began removing the apps of 10 companies in India over service fee payments, including some popular matrimony apps like Bharat Matrimony
As per the media report, Google has warned of removing apps of ten companies in India, including of Matrimony.com and Info Edge, for failing to pay a service fee for the use of its playstore.
Matchmaking service provider Matrimony.com has launched its exclusive dating mobile application 'MeraLuv' aimed at serving the Indian nationals living in the United States. The application has robust safety mechanism prioritising user privacy and each profile undergoes rigorous verification towards providing a secure environment for the users, the company said in a statement on Thursday. "As the population of Indians in the US continues to rise, we discovered that there is a need for them to connect with individuals who resonate with their values, lifestyle and aspirations. MeraLuv is poised to help them find a match within the diaspora," said company founder-CEO Murugavel Janakiraman. The application has been launched after extensive research and consultation with the members of the Indian community and serves to address the gap in the market, the release added.
The High Court extended interim injunction that barred Google from delisting start-ups that have filed petitions against it from company's Play Store
In a Q&A, Murugavel Janakiraman, talks about the Google battle, evolution of the Indian marriage market after Covid, and his company's roadmap for the future
Matchmaking service provider Matrimony.com has reported a consolidated profit for the fourth quarter ending March 31, 2023 of Rs 11.40 crore, the company said on Wednesday. The city-based firm had registered a consolidated profit at Rs 11.70 crore during the corresponding quarter the previous year. For the financial year ending March 31, 2023 the profit of the company slipped to Rs 46.67 crore from Rs 53.59 crore registered last financial year. The total income on consolidated basis during the quarter under review increased to Rs 119.96 crore from Rs 116.26 crore recorded in the same period last year. For the financial year ending March 31, 2023 the consolidated total income grew to Rs 480.15 crore from Rs 452.43 crore registered in the same period last financial year. Commenting on the financial performance, chairman and managing director Murugavel Janakiraman said, "We improved on the quarter-on-quarter momentum." "With our ongoing initiatives, we expect to have a good start in
Tech giant asked not to remove matchmaking firm's app from Play Store till June 1
Matchmaking service provider Matrimony.com has reported consolidated net profit for the July-September quarter at 11.70 crore, the company said on Friday. The city-based company had registered consolidated net at Rs 16.57 crore during corresponding quarter of previous financial year. For the half year ending September 30, 2022 the consolidated profit after tax stood at Rs 23.66 crore, as against Rs 30.39 crore registered in the same period of last year. The consolidated total income went up to Rs 119.07 crore during the quarter under review from Rs 113.90 crore registered in the same period of last financial year. For the six-month period ending September 30, 2022 the consolidated total income stood at Rs 239.83 crore as against Rs 223.57 crore registered in the corresponding quarter of previous year. "This quarter has been a subdued quarter due to seasonality. We will continue to leverage our new launches to enhance the momentum and at the same time provide the needed impetus for
To register, govt ID a must; app also verifies user pictures to weed out fake profiles
Matchmaking site Matrimony.com Ltd has launched a new app catering to the members of the LGBTQIA+ community, the company said
Total income during the quarter under review grew to Rs 119.79 crore, from Rs 109.21 crore registered in the same period previous year.
The city-based company had registered a 15.6 per cent jump on its consolidated profit after tax for the quarter and 31.44 per cent on PAT for the year ending March 31, 2022.
The board has recommended a buyback of equity shares not exceeding Rs 75 crore at an indicative maximum buyback price not exceeding Rs 1,150 per equity share.
The board will meet on May 12, 2022, to consider the proposal for buyback of equity shares of the company, the quantum, and mode of buyback.
"Things are back to normal. We expect the wedding services business to grow in triple-digits year on year," said Murugavel Janakiraman, founder and chief executive officer of Matrimony.com Ltd
The deal will enable Matrimony.com to scale up its presence significantly in the North and West regions
Aatmnirbhar Digital India Foundation (ADIF) said bidding of company-specific keywords such as "matrimony" or "Map My India" has resulted in competitors capitalising on the brand value of companies