The Naukri.com's Jobspeak Index stood at 1,707 in January this year, down 2 percent over January 2016, when it stood at 1,748.
The Naukri JobSpeak index for December 2016 stood at 1,659, which is 7 percent down from December 2015. The fall in the index is reflected in a decrease in hiring in key metro cities like Delhi NCR, Mumbai and Bengaluru.
Info Edge (India) Ltd, which owns leading job listings website Naukri.com, today said it has invested an additional Rs 10 million in VCare Technologies, taking its total stake in the company to 14.77 per cent.
Reacting to the results, Hitesh Oberoi of Info Edge said 99 acres had a good quarter and Naukri.com is seeing customer growth
Hiring activity in the country jumped 10 per cent in August primarily driven by growth in technology and financial industries, says a report.
Naukri Job Speak Index for July this year stood at 1,882, up 3 percent over the same month in 2015.
Info Edge, which runs job portal Naukri.Com, today reported a more than 56 per cent rise in standalone net profit at Rs 43.7 crore for the quarter ended June 2016.
The company is sitting on a cash of Rs 1,100 crore and this it will use to invest in the internet space (including international) on the back of correcting valuations in private markets, says Hitesh Oberoi, MD & CEO, Info Edge.
According to the leading job portal, the Naukri Job Speak Index for the month of March stood at 1,968, recording an increase of 22 percent in hiring activity over last year.
"On board as a personal investor, Vineet will also serve as a senior advisor to the company working closely with the management team. We believe that his association will further fuel the ambitious growth plans of Housing.com," Housing.com CEO Jason Kothari said.
The Naukri Job Speak Index for February 2016 stood at 1,937, recording an increase of 18 per cent in hiring activity over same month last year.
Reflecting improved sentiments in the labour market, Naukri Job Speak Index climbed to 1,748 in January compared to 1,467 seen in January 2015.
Chintan Thakkar, CFO, of Info Edge says the real estate market has off late been laden with factors like low demand and high competitiveness.
Chintan Thakkar, CFO of Info Edge says the company will continue to invest in the realty as rentals, particularly in some cities, is doing well despite the shrinking market.
Sector-wise, banking and financial services (BFSI) recorded the maximum increase in hiring activity, followed by healthcare, pharmaceuticals, software, telecom and media and entertainment industries.
The purchases could be made through primary market and stock exchanges, it added. As per BSE data, FIIs held 29.23 percent in the company as of the June quarter of 2015.
"The job market seems to be looking up in terms of creation of job opportunities in the second half of 2015," said Sumeet Singh, EVP - Marketing and Corporate Communications, Info Edge (India), which runs job portal Naukri.com.
Info Edge, which runs job portal Naukri.com, on Monday reported 27.8 percent decline in its net profit at Rs 28.7 crore for the quarter ended June 30, 2015, primarily due to higher investment in 99acres.
In an interview with CNBC-TV18, Chintan Thakkar, CFO of Info Edge said the company will continue to invest in 99acres despite the slow revenue growth in the June quarter.
With a network of 63 offices located in 43 cities throughout India, Info Edge has over 3,800 employees.
Hitesh Oberoi, CEO & MD, Info Edge is convinced that 99acres‘ long term story is good. He believes that Info Edge can grow all its businesses at 20 percent plus and the company as a whole could grow at 25 percent.
According to Naukri.com's Hiring Outlook Survey 2015, 69 percent of recruiters and consultants who participated in the survey projected creation of new jobs in the first half of 2015.
Revenues in the flagship website Naukri.com grew 17 percent, while those in 99acres.com increased 20 percent
Info Edge also owns portals like Naukri.com, Jeevansathi.com and shiksha.com.
The company reported a quarter-on-quarter net profit at of 33.2 crore versus Rs 39.8 crore in the previous quarter.