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RK Swamy BBDO, a 650-crore group having its own creative agency is planning to launch an HR portal for India, reports Business Standard. Rs. 3 crore will be invested in the portal that is planned to generate revenues of Rs. 10 crore by the first year.

Companies in India, especially all IT companies, have started recruiting through social media networks and blogs. Earlier we had blogged about social media sites being a threat to job portals. This is a very good trend coming up as recruiters get a chance to make a background check of the person they are recruiting. Websites [...]