Starting April 4th 2011, Google co-Founder Larry Page will take over from Eric Schmidt as CEO of Google; Schmidt, who has been at the helm of the search engine giant for a decade will take on the role of the Executive Chairman, focusing on the deals, partnerships, customers and government outreach. Page will lead product development and technology strategy, while Google Co-founder Sergey Brin will focus on new products and strategic projects. Note that earlier last week, Google India announced the appointment of Rajan Anandan as Head for India, taking over from Shailesh Rao. During the last fiscal year (ending March 31st 2010), Google India reported revenues of Rs. 779.34 crore. This announcement comes on the back of another strong quarter from the company, wherein it reported, in Schmidt's words "extraordinary momentum of our newer businesses, such as display and mobile", gross revenues of $8.44 billion (up 26% year on year) and net income of $2.54 billion (up 28.93% year on year). Operating income was 35% of revenues. Traffic acquisition cost declined marginally at 25% of advertising revenues. Revenue Split - Google owned sites vs network: Google-owned sites generated revenues of $5.67 billion, or 67% of total revenues, a 28% increase year on year from $4.42 billion. - Network Revenues from partner sites (through AdSense programs) were $2.50 billion, or 30% of total revenues, in the second quarter of 2010, a 22% increase year on year from $2.04 billion. - US vs International Revenues: Revenues from outside of the United…
