NDTV To Consolidate Internet Businesses As Separate Company

Indiantelevision.com reports that NDTV is going the TV18 way and consolidating its Internet properties as a separate company. The restructuring has been necessitated by regulatory norms regarding FDI. Read more about it here.

This comes shortly after NDTV Jobs went live. In the mix would also be: NDTV Blogs, NDTV Gadgets, NDTV.com, NDTV Travels and NDTV shopping. Two of these are in collaboration with other companies – NDTVjobs with Yello Media (which we’d told you about earlier) and NDTV Shopping with fabmall. Yello also has a classifieds business, so is a classifieds portal in the works too? A whois lookup reveals that the domain has been registered:

Registrant: NDTV
Archana Complex, Greater Kailash Part-I
New Delhi -110049
New Delhi, New Delhi 110049
IN
Domain Name: NDTVCLASSIFIEDS.COM

Is this just a move to raise more funds to counter TV18’s web strategy? In comparison, TV18 has been in top gear, launching, investing in and acquiring portals: CricketNext, Tech2, EasyMF, CompareIndia, IndiaEarnings, PowerYourTrade, IBNlive, CommoditiesControl, Jobstreet, Yatra and MoneyControl. We should expect more launches from NDTV, maybe an overhaul of their current properties.

Also, Kamla Bhatt spoke briefly to Surya Mantha for Podtech India, here. The money from Tracer Capital will be used for expansion in the Internet and Mobile spaces.

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