HuffPost India is history, thanks to new FDI norms
Huffington Post shut its operations in India on November 24. The move was sudden, since all story links on the website led to a grim goodbye page last evening.…
It is unclear if the end was a shocker. While one HuffPost India staffer claimed to not know that the website would practically disappear by evening, others claimed they did. HuffPost’s acquisition by BuzzFeed last week, however, was seen as a bad omen in the newsroom and had left employees surprised.
Newslaundry has learnt that the website’s closure in India was driven by the new foreign direct investment norms ushered in by the Narendra Modi government.