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    HomeNewsBusinessMoneycontrol ResearchInfo Edge: IT hiring slowdown a major challenge, cautious on fresh investment

    Info Edge: IT hiring slowdown a major challenge, cautious on fresh investment

    Reduction in marketing costs and stability at Jeevansathi and Shiksha may offer some relief in the near term. However, recruitment business faces tough headwinds, and real-estate business may feel the heat of competition.

    Nitin Sharma
    September 01, 2023 / 15:17 IST
    Medplus Health | CMP Rs 811 | Shares plunged nearly 9 after a block deal involving a 12.8 percent stake, worth Rs 1,319 crore, took place on the bourses. Even though buyers and sellers involved in the transaction could not be identified immediately, CNBC-TV18 had reported earlier that early investors in the company, Lavender Rose and PI (Premji Invest) Opportunities Fund, were together looking to sell a total of 8.1 percent stake through block deals.
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    This Research Report / Research Recommendation has been published by Moneycontrol Dot Com India Limited (hereinafter referred to as “MCD”) which is a registered Investment Advisor under the Securities and Exchange Board of India (Investment Advisers) ...Read More