Press Releases

MagicBricks.com is the first and only property site in India to launch Android and iPhone Apps! December 2011: MagicBricks, India’s No 1 Property portal focuses on creating innovative products & services that make property search easier, faster and better for everyone. In April this year, we introduced the mobile website (m.magicbricks.com) with groundbreaking features including mobile searches for property, agent, builder and price trends. This GPRS WAP site has seen huge adoption and a tremendous positive response from the MagicBricks.com users’ community. Now, MagicBricks.com introduces its iPhone & Android Applications for an enhanced mobile property search experience. The first and only property site in India to have pioneered embracing this technology. These Apps save data usage costs & are much...

The only thing that is permanent is change, and to remain the leader, MagicBricks.com embraces this philosophy and launches a whole spectrum of innovations in a completely New Build of India’s No.1 Property Portal. December 2011: MagicBricks.com, India’s No.1 Property Site raises the bar once again with its new build, packed with features and tools that that have been created after intense user-research, client feedback and rigorous product development. “Improving “discovery” of banners & property listings on our site & making “search” more user-friendly and simpler was always a priority item for us. The current build makes significant breakthroughs on these areas. We’ve also made changes to UI and site navigation & introduced features that not only enhance user experience,...

Insights from TechGig.com’s Great Indian Programming League 15 December 2011   The race for the Ultimate Coder’s destination seems to be a closely fought race between Bangalore and Delhi. Techies of Hyderabad are not doing so well, which is clear from the results of the last code contest. The Great Indian Programming League (GIPL) is a series of coding contests run by TechGig.com – the exclusive community for IT professionals. Programmers get an opportunity to code in the language of their choice against a common problem in a bid to win rewards and recognitions. About 45,000 submissions have already been made in the last three code contests and a diligent few have won the challenge and been awarded a slew...

The Hon’ble Mr. Kamal Nath, Urban Development Minister, Govt. of India released the MagicBricks India Housing Report 2011 and launched the MagicBricks.com PropIndex Jul-Sep 2011 at the AsiaConstruct 2011 being held in the Capital, New Delhi today The MagicBricks.com India Housing Report is a snapshot of residential real estate across 12 Indian cities and contains key macro factors and trends in the housing industry. These findings include city-wise supply analyses, locality, type of housing & other details and are based on data, surveys and compiled consumer insights. The PropIndex report by MagicBricks is the National Apartment Index, which tracks property market performance across top 11 cities in the country covering over 260 localities. In this second edition, the index showed...

December 2011: The National Property Index (NPI) rose by 7% in the second quarter of FY 2011-12. In its second edition report, the India apartment Index showed a rise in capital and rental values across metros. The number of listings of property also increased significantly in this period. This is a healthy 4% increase in the Jul-Sep 2011 quarter compared to Apr-Jun 2011 quarter. Of the 11 cities covered in the India Apartment Index, 9 posted an increase in index values. Delhi, Chennai and Ghaziabad, were frontrunners with a 9% rise. Noida was at second spot, with an 8% increase, followed be Bangalore and Hyderabad (5%). Mumbai, Gurgaon and Pune posted moderate rise of 1-2% , below the national index...

The World’s 1st Virtual Real-Estate Fair in USA for Indian Real Estate – a Revolutionary Property Bazaar in Cyber Space!   28 Nov 2011: For the First time ever, MagicBricks.com, India’s Leading Real Estate Portal presents a Unique Virtual Property Fair from 28th November’ 11 to 18th December’ 11 at IndiaCalling.MagicBricks.com . MagicBricks India Calling – Virtual Property Expo has been organised for NRIs residing in the USA as a new initiative, wherein a large showcase of projects can be accessed conveniently from anywhere in the USA. At the India Calling – Virtual Property Expo, users can browse through the many projects displayed in the Indian city of your choice, and view all its details and finally make that that...

After the hugely successful Indian Programming League, TechGig.com, The exclusive IT community site, has now launched a series of IT Skill Contests, with a host of attractive prizes and professional recognitions. December 2011: How does a seasoned IT professional showcase the depth of knowledge he/she has gained over years of practical experience? The TechGig.com IT Skills Contests will pit IT professional across the country in a fight to showcase their skills and domains expertise, help them learn from leading experts in the field and develop their competencies further. For this maiden initiative, TechGig.com has partnered with HCL Technologies for the first Indian IT Skill Recognition Contest for professionals in the Business Process Management or BPM field – the HCL BPM...

TimesJobs.com and MagicBricks.com the e-recruitment and real estate portals of TBSL have attained Leadership positions in their respective categories in India. According to the global leader for online media measurement comScore, both the websites have been at the top of the leaderboard in terms of number of visitors to the websites.   According to comScore, TimesJobs has been ranked number one for the third consecutive month, in terms of the total number of ‘unique visitors’ it attracted on to its website. It stood ahead of its closest competitor, Naukri.com, by 2 lakh unique visitors, for May. Unique visitors are the estimated number of people who visit any content of a website during a particular period.   Vivek Madhukar, Sr. VP,...

“Skill the Nation’s Workforce”: Kapil Sibal The HR Minister’s clarion call at The TimesJobs.com Annual Skills Summit 2011 Speaking at the inaugural session of The TimesJobs.com Annual Skills Summit 2011 Mr. Kapil Sibal, Honourable Union Minister for HRD, Government of India thanked TimesJobs.com for inviting him to the summit and drew the rapt audience’s attention to the ‘gargantuan task’ of solving the problem of skills shortage in the country. He emphasised that this challenge is at the top of his agenda and therein lies a huge opportunity.   The Skill Shortage   The minister explained that there are 40 million children who enter class high school every year despite a 56% dropout rate. With the government’s envisioning a zero dropout...

After cricket, say hello to the Indian Programming League! TechGig.com, a social networking site exclusively for the IT community, has just launched the Great Indian Programming League, a revolutionary contest that pits code jockeys across the country against each other in a fight to the finish.   According to Amit Gupta, Business Head, TechGig.com, “This is a great way of benchmarking one’s coding skills with some of the best software developers in India.”   This programming contest is targeted at programmers, developers & architects working on different technology platforms like Java, C++, PHP, VB, etc. The participant has to first register at www.techgig.com/codecontest to enter the contest.   There are three levels of difficulty for the problems, ranging from easy...

Kapil Sibal to speak at the TimesJobs.com Skills Summit in Delhi     The Hon’ble Union Minister for HRD, Govt. of India – Mr. Kapil Sibal shall inaugurate the 1st Annual TimesJobs.com Skills Summit being held on May 27 2011 in the National Capital.   The summit shall bring together India’s Policy Advocators, Bureaucrats, CEOs, CXOs, Academics and the Media under one roof for intellectual panel discussions, and is the culmination of a number of industry – institutional interfaces, collective termed as TimesJobs.com Skills Dialogue.   Skills Dialogue started its journey to demystify the whys and wherefores of finding the ‘right fit’ in the ‘right’ industry across all segments. This has been one of the major challenges that industries have...

Empowering Users through Original Content – MagicBricks.com launches new features   Helping users make more informed real estate decisions   MagicBricks.com has released new features and improvements in its latest product upgrade released this week. In response to consumer feedback, these new features add to an already impressive list of launches and feature upgrades completed by MagicBricks.com over the last few quarters.   The major highlights of the current release include –   Launch of a Question & Answer (Q&A) section on MagicBricks.com – www.answers.magicbricks.com   Users now have a platform to ask their property related queries – which can be answered by other users of MagicBricks.com, or by the experienced in-house panel of experts or by an extensive outside...

TimesJobs.com has launched QUEST to serve as a platform to ensure that corporates hire the right people, with the right skills for the right job, ensuring a right fit.     Corporate giants of the new economy are high on people dependence, and we are accelerating towards a scenario where – “Money’s at a discount and talent’’s at a premium”. While manpower & degrees abound, skills are still in short supply. TimesJobs.com has launched QUEST (Qualifying Employability Skills Tests) to address this challenge.   Multiple surveys, including the recent FICCI Study on employability have indicated that there are enough Job vacancies for Freshers. There are just not enough Employable Students. Mr. Narendra Jadhav, Planning Commission member in-charge of education, agrees....

  TimesJobs is ahead of Naukri in Mar’11 in ‘Total Unique Visitors’ and finishes the FY as Rank 1 in the Jobs category in India! MagicBricks has been consistently ahead in ‘Total Unique Visitors’ and holds Rank 1 in the Property category in India! SimplyMarry has shown the fastest growth trajectory in web matrimonial services! While sharing these metrics with you I would like to thank you for your valued patronage and support to TBSL and look forward to serving you better.  ...

TimesJobs.com tore past competition for the 3rd Time declares comScore   According to ComScore, the global leader in measuring the digital world, TimesJobs.com has overtaken all its competitors in unique visitors and has consistently Ranked 1 in the Jobs category in India!   Mr. Vivek Madhukar, Sr. VP, TimesJobs.com remarked, “With the unstinting faith & support of our users and our combined efforts, TimesJobs.com is developing into the preferred choice for online recruitments with a host of innovations in access & convenience. I am pleased to find that comScore has also declared our leadership and substantiated our position, as India’s No.1 Job Portal.”   ComScore states that over the December 2010 to March 2011 period TimesJobs.com has scored higher than...