Indiatimes.com has decided to down the shutter of its email service by announcing that it will stop accepting new users from 19th November 2012 and all “Service” will be permanently shut down with effect from 18th February 2013. Indiatimes Email was one of the first Indian email service providers in the
International news agencies including Thomson Reuters, Agence France-Presse and Associated Press decided to boycott the Test series being played between India and England, as a protest against the restrictions imposed by the Board of Cricket Control for India (BCCI) on some photo agencies covering the tour. The
In what could be important insights for marketers trying to figure out how to use Facebook more effectively, social media analytics firm Socialbakers has launched what it calls Facebook Places, a new feature that provides data on the places Facebook users are checking into using Facebook Check-in feature.
Social Media marketing and Facebook Marketing are the hottest phrases among marketing community globally. In the countries with high Facebook penetration such as India (close to 70% Internet users use Facebook), marketers are literally falling over one another to reach out to “fans” on Facebook. The lower cost of this experimentation has just added to the mad rush.
As the market and the analysts cheer the big-bang reforms announced by the government, the e-commerce fraternity has noted the specific exclusion of e-commerce from multibrand retail FDI with some amusement. Amusement, because no one was expecting such a condition, but at the same time, it does not really affect most of them in any significant manner. Most are happy with the investment that they are receiving through the VC route. And anyway, the $100 million investment specified for the multibrand retail companies with FDI is too high a bar.
The Indian Government which allowed Foreign Direct Investment up to 51% in multi brand retail trading last week has decided not to allow companies with foreign direct investment (FDI) to sell their products through the Internet in India. This decision puts curtains on Amazon and other foreign ecommerce companies entering India. The Government has also prevented foreign retail companies that enter India from selling online.
Update: The Indian Government has decided not to allow companies with foreign direct investment (FDI) to sell their products through the Internet in India. The Indian Government which allowed Foreign Direct Investment up to 51% in multi brand retail trading last week has decided not to allow companies with foreign direct investment (FDI) to sell their products through the Internet in India.
However, if FDI was allowed in ecommerce, the funding situation would have been as follows:
In 2012, the Indian digital industry has seen number of digital agencies being acquired by foreign biggies. It all started in April 2012, with Publicis Groupe acquiring Mumbai-based digital agency Indigo Consulting to make it operate as a unit within the Leo Burnett Group in India.
In the last few months, the Indian online industry saw quite a few activities in the digital advertising market. In April 2012, Publicis Groupe had acquired Mumbai-based digital agency Indigo Consulting and this was followed by WPP PLC’s wholly-owned operating company JWT Singapore agreeing to acquire a majority stake in Hungama Digital Services in June 2012.
We have been hearing that the Indian ecommerce sector is fast hiring the best talent available in the country and this placement season saw ecommerce companies recruiting big numbers at premier institutions like the Indian Institute of Management (IIMs) and Indian Institute of Technology (IITs).