Search for an appropriate web address. Choose from .com, .co.in, .in and other extensions. Make sure that your web address is relevant to your business and is not very complicated. Eg: www.parekhconsulting.com
You can also:

Create sub-domains (Up to 100)

Lock/Unlock domains

Edit your contact information for the domains
What's a Domain Name?
A domain name is an address for the Internet. It helps people find your web site. Just as homes have addresses, all web sites have domain names. The Yahoo! domain name is yahoo.com.
A domain name is made up of two parts, typically preceded by www. Let's use yahoo.co.in as an example:
* The first part, yahoo, is a unique name that represents the web site.
* The second part, co.in, is the extension. There are many extensions available,
though .com, .co.in, .net, .biz, .info, and .in are more popular in India.
Why is a good domain name important?
A good domain name helps you in numerous ways.

Add your domain name to your business card, email signature, and other ads.

Build credibility: Show your customers that you have an established business.

Improve your marketing: Provide customers an easy way to remember you.

Protect your brand: Secure the domain name that best represents your business name - and keep it out of the hands of your competitors.
How to choose a domain name?
Keep these tips in mind as you select your domain name.

Your domain name should reflect your business name or the topic of your site.

It should be a unique and concise name that is easy to say, remember and spell. Try expaining your domain name over the phone. Is it easy to understand?

You can use only letters, numbers, and hyphens in your domain name. Spaces or other symbols are not allowed.

If your first choice isn't available, try rearranging the word order, adding hyphens, or using abbreviations or locations to come up with an alternative.