Internet Companies

Most brokerages upbeat on Info Edge's outlook after strong Q3 results

Analysts at Nuvama have a bullish view on Info Edge, raising their target price to Rs 9,100 from Rs 8,800, citing strong growth across the business and improved margins

Chinese hackers breach Indian, US internet firms via startup, says Lumen

'Volt Typhoon has breached four US firms, including internet service providers, and another in India through a vulnerability in a Versa Networks server product'

Debate over satellite spectrum allocation: Jio, OneWeb up the ante

Sunil Mittal's OneWeb had earlier insisted that spectrum allocation for satellite operators be done administratively as outlined in the Act - setting up a direct confrontation with Jio

Analysts positive on new age cos ahead of Q1 FY25 results; Zomato top bet

Analysts at Nuvama Institutional Equities are optimistic about the revenue prospects of these "new age" internet companies

Zomato, Paytm: What should investors do with new-age stocks? Analysts weigh

Shares of Zomato have soared 57 per cent so far in 2024, but those of Paytm have tumbled 46 per cent

Revenue share demands by internet-telcos like rent-seeking: IAMAI

The Internet and Mobile Association of India (IAMAI) has said demands made by telcos for revenue sharing mechanisms between internet companies and telecom service providers (TSPs) "smack of rent-seeking", and would disincentivise growth for OTT-based businesses. According to IAMAI, by requiring largest OTT service providers to pay TSPs for data used by consumers, the telecom players would effectively be charging twice for the same service, since they already charge consumers for data. "In any case, 'surging data traffic' is merely data consumed by consumers that they have already purchased from telecom companies. Therefore, the 'strain' on infrastructure of TSPs occurs when they sell data to consumers beyond their infrastructural capacity a fact that has been conveniently ignored," IAMAI said in a statement. The association said that demands for imposing revenue-sharing mechanisms between internet companies and TSPs "smack of rent-seeking". IAMAI called out demands made by the ...

EaseMyTrip becomes IIFA's official partner, to give complimentary ticket

According to the BSE filing, the complimentary ticket can be only availed by those customers who will be traveling to Abu Dhabi between May 25th and May 27th

Razorpay joins hands with ONDC to offer payment reconciliation service

With this, the Tiger Global-backed firm has become the first payment gateway to launch a Payment Reconciliation Service for Network Participants like buyers, sellers, and logistic partners on ONDC

Microsoft, Viasat partner to deliver satellite internet globally by 2025

Microsoft announced that it has partnered with global communications company Viasat to deliver satellite internet access to 10 million people across the world by 2025

Absence of incentives, poor awareness hobble rural WiFi scheme PM-WANI

Scheme central to government's plans to create up to 10 mn public WiFi hotspots by Dec

Zomato preview: Experts expect Q1 loss to narrow; revenue may rise 59% YoY

Analysts expect the Gurgaon-based firm's net loss to contract to Rs 315 crore in Q1FY23 from Rs 360.7 crore in the year-ago period.

Elon Musk helping restore internet to Tonga after tsunami, officials say

Entrepreneur Elon Musk is helping reconnect Tonga to the internet after a volcanic eruption and tsunami cut off the South Pacific nation more than three weeks ago, according to officials

Internet firms must show they can generate cash, profits soon: Axis Bank MD

Amitabh Chaudhry makes this statement at a discussion on new-age internet companies drawing high valuations, sometimes even higher than the traditional businesses

The risk factor

New-age tech firms are inherently more risky

Consumer internet company Glance invests in Collective Artists Network

This collaboration will give Glance strategic access to India's top creators and celebrities, while providing disruptive and sustainable monetisation opportunities for country's entertainment talent

$350 bn digital ad industry in focus as internet reshapes for privacy

As Apple and Google enact privacy changes, businesses are grappling with the fallout, Madison Avenue is fighting back and Facebook has cried foul

We will have 50 internet exchanges in India in 18 months: Nixi CEO

In an interview with Business Standard, Anil Kumar Jain talks about the non-profit's role in building infra for broadband in India, and how it is helping the country to become a digital society

Tencent becomes world's worst stock bet with $170 billion wipeout

The firm is one of the key casualties of an official campaign that targets tech behemoths considered a potential threat to China's data security.

Budget 2021-22 proposal on digital tax likely to land up in court

Foreign players in a fix as they will now come under levy's ambit

Trump govt sues FB for keeping jobs for H-1B visas, disfavouring US workers

The Trump administration claims Facebook is discriminating against US workers by designating thousands of positions for foreigners with temporary H-1B visas