Facebook directly employs content moderators but also outsources the task of screening posts in more than 50 languages across the globe to companies like Genpact.

The stock closed at 1208 level, higher by 32.50 points on the BSE. It rose up to 9.5% in early trade, hitting an intra day high of 1288.35 level on the BSE.

Founded in 2008, PolicyBazaar has raised a total of $366 million through half a dozen funding rounds, excluding the seed funding round, added the spokesperson.

Having just raised $200 million from Ant Financial Services Group - a subsidiary of Alibaba Group - the online restaurant guide and food ordering start-up is now valued at about $1.1 billion.

The new IIMs are born with a silver spoon, but attaining adulthood that matches the standards of their older cousins is likely to be painful.

\"77 per cent recruiters expect new jobs to be created in the coming six-month period,\" it said.

The Naukri Job Speak Index for May 2016 stood at 1,993, an increase of 27 per cent over May 2015. Sustained growth in IT-software and ITeS during the year led to an impressive hiring sentiment for these sectors and demand for professionals for both grew by 33 per cent and 49 per cent, respectively.

Hiring activity registered a 18 per cent growth last month, largely driven by IT-software and insurance sectors and the job market outlook looks bullish too, says a report.