launches new business portal, Firstbiz

03 Feb,2014

By A Correspondent


A little less than three years after the highly visible launch of, the online news destination from the Network18 group, has launched, a standalone business news and views site. Network18 already has moneycontrol and the Forbes India websites amongst its business-y web news offerings.


While Firstpost has in the past covered business, economy, investing and brands as a part of its general news coverage, this standalone approach comes at a time when India gears up for its giant, general election where economic and business agendas are set as much as the political, notes a communiqué. Said R Jagannathan, Editor-in-chief: “With Firstpost, we walked right into the middle of a rising tide of public anger against poor governance and corruption. By reflecting a diverse range of public opinion that mainstream media was slow to respond to, Firstpost made a space for itself. Durga Raghunath, CEO Firstpost added: “We are also thrilled to take Biztech, that was previously a standalone property into our fold. Enterprise technology is a phenomenally important space that we will build a multitude of experiences around. We will focus on great depth in this area, both online and offline.”


We are not sure whether we would agree with Mr Jagannathan’s comment on mainstream media has been slow. On the contrary – one of the charges against the television media specifically and even the newspapers in recent years – is that they’ve been exceedingly belligerent. The group’s subsidiary runs CNN-IBN, IBN7 and IBN-Lokmat, and one can be sure that editor-in-chief Rajdeep Sardesai has a different view on the slow responsiveness. The news media genre has in fact grown in the last two years. But, of course, the internet access numbers have increased too which is why web destinations like and MxMIndia have benefitted.


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One response to “ launches new business portal, Firstbiz”

  1. John Samuel says:

    Firstpost and MXMIndia, laughing comparison…

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