Article: Domain names become hot biz at online auctions.

Domain names become hot biz at online auctions

New Delhi, June 6 (PTI) Cyber squatters may have made their life a tad difficult, but enterprising individuals have managed to make an honest living selling domain names - with auction portal eBay India alone recording one sale every eight hours.

Though shell sites named after celebrities and popular businesses like sharukhan.Mobi or www.Googal.Com continue to appear now and then for sale, domain names are fast rising as a separate category of products being sold and purchased on the web.

Sale of domain names is a thriving business in the US and other western countries.

"There has been a ...

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