wordpress blog stats
Connect with us

Hi, what are you looking for?

Musical Chairs continue at Web18 as Firstbiz is merged back into Firstpost

Firstbiz.com, the business news portal of Network 18, got an unceremonious ending last week as it was reintegrated into the parent website FirstPost. Firstbiz, which was launched in February earlier this year, came from Network 18’s FirstPost stables and looked to take business news to the masses.

FirstPost Editor-in-chief R Jagganathan in a post said that the move is aimed at “to consolidate and widen the Firstpost repertoire under one domain.” Jagganathan added that Firstbiz’s content will be available under the FirstPost business vertical and the entire archives will also be available for search.  “Readers of FirstBiz will not find any reduction in our business reportage and analysis,” the post added.


MediaNama spoke to journalists at Firstbiz who said that there are no layoffs at the website. They added that the decision to close the site was due to the fact that two URLs diluted the focus of the website.

“At one point FirstPost was getting too political and we did not want a portal that competed with moneycontrol.com,” said a highly placed source at FirstPost.

Medianama had also pointed out earlier that Firstiz will be competing against and that there will be a lot of overlap between  Moneycontrol and Forbes India.

Advertisement. Scroll to continue reading.

It is also interesting to note that earlier in July, Durga Raghunath resigned as CEO of Network 18 Digital. Raghunath was also instrumental in the conceptualization and launch of Firstpost and Firstbiz.

Musical Chairs continue

As per MediaNama estimates, Network18 has launched as many as 29 websites till date, of which, only 9 are still live and independent. The company has chopped and changed its website portfolio over the years, and there has been a lack of coherent direction Network 18 Digital’s properties include Moneycontrol.com (their cash-cow), FirstPost, Burrp (the listing and reviews business), News18.com (the groups state and local news portal) and FakingNews.com (a satire website).

Note that Tech2 still operates as a sub-domain of FirstPost.  But FirstPost has a tech section and when clicked on, readers are redirected to  Tech2 page. In January, Tech2 was moved from In.com sub-domain to a FirstPost.com sub-domain. It is getting harder to track Network 18’s revenues and the company  has stopped sharing data on its Digital Content business in August following its takeover by Reliance Industries.




(With inputs and charts from Nikhil Pahwa)

Advertisement. Scroll to continue reading.

More musical chairs at Network 18’s internet business
Network18 says Digital Content business has turned around, but stops sharing data
Network 18 launches business site Firstbiz

Written By

MediaNama’s mission is to help build a digital ecosystem which is open, fair, global and competitive.



When news that Walmart would soon accept cryptocurrency turned out to be fake, it also became a teachable moment.


The DSCI's guidelines are patient-centric and act as a data privacy roadmap for healthcare service providers.


In this excerpt from the book, the authors focus on personal data and autocracies. One in particular – Russia.  Autocracies always prioritize information control...


By Jai Vipra, Senior Resident Fellow at Vidhi Centre for Legal Policy The use of new technology, including facial recognition technology (FRT) by police...


By Stella Joseph, Prakhil Mishra, and Yash Desai The Government of India circulated proposed amendments to the Consumer Protection (E-Commerce) Rules, 2020 (“E-Commerce Rules”) which...

You May Also Like


Rajesh Kumar* doesn’t have many enemies in life. But, Uber, for which he drives a cab everyday, is starting to look like one, he...


By Aroon Deep and Aditya Chunduru You’re reading it here first: Twitter has complied with government requests to censor 52 tweets that mostly criticised...


135 job openings in over 60 companies are listed at our free Digital and Mobile Job Board: If you’re looking for a job, or...


Google has released a Google Travel Trends Report which states that branded budget hotel search queries grew 179% year over year (YOY) in India, in...

MediaNama is the premier source of information and analysis on Technology Policy in India. More about MediaNama, and contact information, here.

© 2008-2021 Mixed Bag Media Pvt. Ltd. Developed By PixelVJ

Subscribe to our daily newsletter
Your email address:*
Please enter all required fields Click to hide
Correct invalid entries Click to hide

© 2008-2021 Mixed Bag Media Pvt. Ltd. Developed By PixelVJ