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TV18 to take stake in JobStreet.com

CHENNAI: Television Eighteen India Ltd. (TV18) has signed a memorandum of understanding with JobStreet Corporation Berhad (JOBS), a leading online recruitment company in Malaysia, to take a 50 per cent stake in its Indian operation, JobStreet.com India Pvt. Ltd. TV18 will initially infuse $2 million in cash, says a release.

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