I have seen a lot of newcommers on the internet these days and one of the major ones is tata indicom who is running a massive campaign these days using some advertising company who is doing a very good job indeed.
Google adwords is also recruiting a lot of sales staff in India where it has a number of local offices at different locations.I can only imagine when the internet penetration reaches that magical 10% mark,The internet advertising industry will be on fire like the television about 10 years ago.
Internet advertising is also seeing a slow start as television industry did a decade ago but once it took off there was no looking back and even now it has not showed any signs of slowing down so I expect internet marketing to take off in a big way in the next two years.