TV18 has picked up 50 per cent stake in Malaysia-headquartered recruitment website JobStreet.com. Formed in 1995, JobStreet.com’s operations extend across Malaysia, Singapore, the Philippines and India, where it has offices in Mumbai, Bangalore and Chennai.
JobStreet.com offers a comprehensive suite of interactive recruitment services in the Asian region. In February 2006, JobStreet.com posted a year-on-year growth of 76 per cent.
Further details were not available at the time of filing this report.