Google under scanner for alleged anti-competitive practices with respect to its popular Android platform for mobile phones.

There is 40% growth in dating related searches. It is much faster than the matrimony queries. On the other hand, Pizza is a favourite among Indian consumers when ordering online

Before this, the Competition Commission of India (CCI) had imposed a fine on Google for being 'search-biased' and abusing 'dominant position' after the marriage portal 'Matrimony' filed a complaint against it.

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In India, the Commission found, that Google through its search design had placed its commercial flight search function at a prominent position on the search results page to the disadvantage of businesses trying to gain market access.

The Rs 500-crore IPO consists of a fresh issue of Rs 130 crore and offer for sale of 37.7 lakh equity shares at a price band of Rs 983-985. Matrimony.com is the first matrimony or match-making company to bring an initial public offer in India.

The IPO is due to open on September 11 and close on September 13. Net proceeds from the issue will be utilised towards advertising and business promotion activities, purchase of land for construction of office premises in Chennai, repayment of overdraft facilities and general corporate purposes.

India is a $54 billion wedding market which includes services such as travel, catering, decorations, invitations excluding jewellery. Indeed, marriages are the biggest household expenditure for any Indian family.

Majority of the growth will come from three sectors of classifieds portals namely e-services, real estate and automobiles. The report evaluated a total of six digital classifieds verticals which also included job portals, matrimony platforms and B2B service providers.

Matrimony.com had filed its Draft Red Herring Prospectus (DRHP) with Sebi in August, while Quick Heal had submitted its draft documents in September.

The regulator had received the draft offer documents on August 18 this year through its lead manager Kotak Mahindra Capital Company.

The classifieds market, which was largely divided between print classified and some online players, saw a tremendous shift after 2008 when both Quikr and OLX started to focus on the Indian market.

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