Media Group, which owns the technology or IT focused jobs portal called CyberMediaDice.com, has been shut down and its database of registered users has been transferred to TimesJobs.com, a jobs portal owned by Times Business Solutions.
Speaking to afaqs!, Pradeep Gupta, chairman, Cyber Media Group, says, "Basically, CyberMediaDice.com was a joint venture between Cyber Media and Dice.com, a US based jobs portal. A few months ago, Dice.com decided to exit India, so we bought the stake owned by it. But now we have decided to exit from the online jobs market as it has never been our core business."
In October 2004, Cyber Media created a joint venture with Dice Inc., which runs a US based, technology focused jobs site called Dice.com, to launch Cyber Media Dice Careers. In February 2008, Dice Inc. decided to exit from the Indian market. Cyber Media bought Dice's stake in CyberMediaDice.com and became Cyber Media Careers.
Other players in the online job business in India include Naukri.com of the Infoedge Group, TimesJobs.com, ClickJobs.com of the Bharatmatrimony Group and Shine.com, a recently launched job portal by Firefly e-ventures of HT Media Ltd.First Published : July 29, 2008