Rupert Murdoch reboots internet play in India

IT.com

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MUMBAI: Media mogul Rupert Murdoch's News Corp has charted a fresh investment plan to tap into India's fast-growing consumer internet story more than a decade after he took bets on domestic digital properties like Indya.com and Baazee. The media giant is rebooting tactical investments as part of a strategy to aggressively expand the group's digital play in markets like India, sources aware of the development said. Murdoch's comeback coincides with euphoric investor sentiment around India's recent billion-dollar internet and digital startups.

Rupert Murdoch reboots internet play in India - The Times of India
 
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