A little less than four years after it had first acquired the stake, TV18’s digital business Web18 has sold back its 50% stake in JobStreet India for a total cash ... Continue_Reading

It’s going to be a long wait, over 22 months, for the people to get access to Indian Governments a job portal. During the announcement of the Union Budget 2009-10 ... Continue_Reading

BSE listed Info Edge (Naukri) has inked a deal with Dow Jones & Co, the publishers of the Wall Street Journal to power premium job listings at WSJ’s India website. ... Continue_Reading

NYSE listed Monster Worldwide Inc has acquired Yahoo!’s Hotjobs sub site for $225 million, AFP reported. The deal is more of a ‘give and take’ – Monster will power ... Continue_Reading

NDTV Convergence has launched yet another clone-vertical, this time with Consim Info’s IndiaProperty.com to power its Property.ndtv.com. Just last month, it had tied up with The City Guide to launch ... Continue_Reading

Updated with graphs and numbers from corporate presentations Though the December quarter was expected to be a weak one for Info Edge India, the company behind Naukri.com, the company has posted ... Continue_Reading

BSE listed Educomp Solutions Ltd, an education service provider, is planning to acquire online education startup StudyPlaces for a maximum consideration of $1.5 million dollars, as a preferential share allotment. ... Continue_Reading

BCCL group company Times Business Solutions (TBSL) has launched a jobs portal specific for technology jobs called Techgig.com. Readers may remember that TBSL acquired Cybermedia’s Dice in July 2008 but ... Continue_Reading

Infomedia18, the print and publishing subsidiary of TV18, has at long last launched its local search service at Askme.in, though it is still in beta. The site claims it has 3 ... Continue_Reading

(by Diwaskar Chettri & Nikhil Pahwa) Microsoft funded Oxigen Services India has partnered with UK based World Dating Partners, a backend service provider for matrimonial and dating websites, to launch MyCupid.in, ... Continue_Reading

Consim Info has hived off four portals into a subsidiary called Perspi Interactive and kept only two of its top performing sites – BharatMatrimony.com and IndiaProperty.com. Perspi will have ... Continue_Reading

(by Preethi J & Nikhil Pahwa) AskLaila.com has launched a call center based local business search service to enable its users find local information on movies or addresses of businesses. The ... Continue_Reading