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

Nitin Sharma   •

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.

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