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Yahoo! set to enter India
Yahoo! Inc is all set to set its
foot in India. The portal had earlier announced its plans
for creating a India-centric portal. It will commence its
operations in India within three months. The Santa Clara
based company is setting up offices in Bangalore and Mumbai.
Yahoo!'s Indian model will be on the lines of Rediff.com
and Indiainfo.com. The company has advertised in local newspapers
to recruit technical and management professionals for its
India operations.
Rediff.com insiders have laid fears of the outgo of its
senior, experienced and well-trained professionals and executives
to Yahoo India. "The staff outgo to Yahoo! is a bigger
threat than the portal itself" said a senior official
at Rediff.com.
Portals like Indiainfo.com, Rediff.com and Satyamonline.com
will have to roll up their sleeves as the biggest international
player is entering the Indian web space. In a recent report,
Yahoo.com was the portal with the largest recall value.
With all the resources, goodwill, popularity and the experience,
Yahoo! is all set rule the portal market in India.
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