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Wikipedia

Rediff.com

Rediff.com (stylized as rediff.com) is an Indian news, information, entertainment and shopping web portal. It was founded in 1996.[2][3] It is headquartered in Mumbai, with offices in Bangalore, New Delhi and New York City.

Rediff.com
Main page as of 24 July, 2009
Type of businessPublic
Type of site
Web portal
Available inEnglish
Founded1996; 27 years ago (1996)
HeadquartersMumbai, India
Key peopleAjit Balakrishnan
(Chairman & CEO)
IndustryInternet
Revenue372 million (2021)[1]
Net income8 million (2021)
Employees316 (Dec 2009)
URLwww.rediff.com
RegistrationOptional
LaunchedFebruary 8, 1997 (26 years ago) (1997-02-08)

As of 2009, it had more than 300 employees.[4] It is one of the earliest web portals and email providers in India. When its founder Ajit Balakrishnan launched Rediff on the NeT, the internet was barely five months old in the country, and had a total of about 18,000 users.[5]

History

The Rediff.com domain was registered in India in 1996.[6] Early products included the email service Rediffmail[7] and Rediff Shopping, an online marketplace selling electronics and peripherals.

In 2001, Rediff.com was alleged to be in violation of the Securities Act of 1933 for filing a materially false prospectus in relation to an IPO of its American depositary shares.[8] The case was resolved by settlement in 2009.[9]

In April 2001, Rediff.com acquired the India Abroad newspaper.[10]

In 2007, Rediff iShare, a multimedia platform, was released.[11] In 2010, Rediffmail NG was launched, an email service for mobile platforms.[12] In 2012, Rediff launched its Android App for Rediff News.[13]

In April 2016, the company decided to delist from NASDAQ, citing the high cost of reporting requirements, given its financial condition.[14]

References

  1. ^ "Annual Report 2020-21 Rediff" (PDF). Rediff.com. Retrieved 2 March 2023.
  2. ^ "Rediff.Com reports Q1 results: India revenue up 42%". The Financial Express. 2 July 2008. Retrieved 16 July 2010.
  3. ^ Chopra, Rohit (15 December 2019). "How Rediff On The NeT first created a template for the Hindu Right online in the 1990s". ThePrint. Retrieved 2 March 2023.
  4. ^ . Rediff.com. Archived from the original on 23 July 2010. Retrieved 16 July 2010.
  5. ^ "For Rediff boss, early success meant ignoring sceptics, self-learning tools". Hindustan Times. 13 August 2020. Retrieved 23 July 2021.
  6. ^ "India completes 20 years of commercial internet". India Digital Review. Retrieved 15 March 2014.
  7. ^ Anubhuti (2 October 2010). "Rediff records 15 percent growth in registered user base". Media Newsline. Retrieved 12 December 2010.
  8. ^ "Cauley Geller Bowman & Coates, LLP Announces Class Action Lawsuit Against Rediff.com India Ltd. Seeking Damages on Behalf of Purchasers of Rediff American Depository Shares – REDF". GlobeNewswire. 25 May 2001. Retrieved 17 July 2013.
  9. ^ "Case Summary Rediff.com India Ltd. Securities Litigation". Stanford Law School. Retrieved 8 November 2018.
  10. ^ "Pioneering publisher Gopal Raju passes away". India Abroad. 1 April 2008. Retrieved 4 May 2008.
  11. ^ Mehra, Priyanka (1 July 2007). "Now share videos, music on Rediff's iShare". Mint. Retrieved 17 November 2014.
  12. ^ . The Hindu. 2 October 2010. Archived from the original on 28 October 2010. Retrieved 25 June 2019.
  13. ^ "Rediff News app for Android OS launched- Technology News, Firstpost". Tech2. 18 September 2012. Retrieved 2 March 2023.
  14. ^ Chathurvedula, Sadhana (28 April 2016). "Rediff.com delists its shares on Nasdaq". mint. Retrieved 2 March 2023.

External links

  • Official website

rediff, stylized, rediff, indian, news, information, entertainment, shopping, portal, founded, 1996, headquartered, mumbai, with, offices, bangalore, delhi, york, city, main, page, july, 2009type, businesspublictype, siteweb, portalavailable, inenglishfounded1. Rediff com stylized as rediff com is an Indian news information entertainment and shopping web portal It was founded in 1996 2 3 It is headquartered in Mumbai with offices in Bangalore New Delhi and New York City Rediff comMain page as of 24 July 2009Type of businessPublicType of siteWeb portalAvailable inEnglishFounded1996 27 years ago 1996 HeadquartersMumbai IndiaKey peopleAjit Balakrishnan Chairman amp CEO IndustryInternetRevenue 372 million 2021 1 Net income 8 million 2021 Employees316 Dec 2009 URLwww wbr rediff wbr comRegistrationOptionalLaunchedFebruary 8 1997 26 years ago 1997 02 08 As of 2009 update it had more than 300 employees 4 It is one of the earliest web portals and email providers in India When its founder Ajit Balakrishnan launched Rediff on the NeT the internet was barely five months old in the country and had a total of about 18 000 users 5 History EditThe Rediff com domain was registered in India in 1996 6 Early products included the email service Rediffmail 7 and Rediff Shopping an online marketplace selling electronics and peripherals In 2001 Rediff com was alleged to be in violation of the Securities Act of 1933 for filing a materially false prospectus in relation to an IPO of its American depositary shares 8 The case was resolved by settlement in 2009 9 In April 2001 Rediff com acquired the India Abroad newspaper 10 In 2007 Rediff iShare a multimedia platform was released 11 In 2010 Rediffmail NG was launched an email service for mobile platforms 12 In 2012 Rediff launched its Android App for Rediff News 13 In April 2016 the company decided to delist from NASDAQ citing the high cost of reporting requirements given its financial condition 14 References Edit Annual Report 2020 21 Rediff PDF Rediff com Retrieved 2 March 2023 Rediff Com reports Q1 results India revenue up 42 The Financial Express 2 July 2008 Retrieved 16 July 2010 Chopra Rohit 15 December 2019 How Rediff On The NeT first created a template for the Hindu Right online in the 1990s ThePrint Retrieved 2 March 2023 Investor FAQs Rediff com Archived from the original on 23 July 2010 Retrieved 16 July 2010 For Rediff boss early success meant ignoring sceptics self learning tools Hindustan Times 13 August 2020 Retrieved 23 July 2021 India completes 20 years of commercial internet India Digital Review Retrieved 15 March 2014 Anubhuti 2 October 2010 Rediff records 15 percent growth in registered user base Media Newsline Retrieved 12 December 2010 Cauley Geller Bowman amp Coates LLP Announces Class Action Lawsuit Against Rediff com India Ltd Seeking Damages on Behalf of Purchasers of Rediff American Depository Shares REDF GlobeNewswire 25 May 2001 Retrieved 17 July 2013 Case Summary Rediff com India Ltd Securities Litigation Stanford Law School Retrieved 8 November 2018 Pioneering publisher Gopal Raju passes away India Abroad 1 April 2008 Retrieved 4 May 2008 Mehra Priyanka 1 July 2007 Now share videos music on Rediff s iShare Mint Retrieved 17 November 2014 Mobile email service from Rediff com The Hindu 2 October 2010 Archived from the original on 28 October 2010 Retrieved 25 June 2019 Rediff News app for Android OS launched Technology News Firstpost Tech2 18 September 2012 Retrieved 2 March 2023 Chathurvedula Sadhana 28 April 2016 Rediff com delists its shares on Nasdaq mint Retrieved 2 March 2023 External links EditOfficial website Retrieved from https en wikipedia org w index php title Rediff com amp oldid 1144820452, wikipedia, wiki, book, books, library,

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