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Web18 Buys In.com???

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http://www.contentsutra.com/entry/419-web18-buys-incom-is-active18-being-rebranded/

Web18 Buys In.com; Is Active18 Being Rebranded?
By Nikhil Pahwa - Wed 09 Apr 2008 04:39 AM PST


Web18, the online and mobile company from the Network18 group has bought the domain name In.com, contentSutra has learned from multiple sources. At present, while www.in.com remains cloaked, domains like xyz.in.com redirect to another Network18 portal - Tech2.com. The domain registration information is currently cloaked as well, though the IP location refers to India.

We haven’t been able to get information on how much Web18 paid for the domain, so maybe the domainers reading this can weigh in with their inputs in the comments.

The word doing the rounds is that Active18, the horizontal portal that Web18 has been working on for a while, will be rebranded as In.com. However, we don’t have a confirmation of this: we contacted Surya Mantha, CEO of Web18, who declined to confirm that they have bought the domain, and had no comments on plans for In.com.
 
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I think the Indian Business Giants are realizing the power of Generic .com names of late.

Similar case is that of Shine.com which was advertised today in all the major newspapers across India. This website is owned by HT Media.

.IN and .CO.IN Generic names will also follow suit IMO.
 
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